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Minerva

Ended
Ended: Nov 19, 2017

Smart Money on the Ethereum blockchain

Minerva is a reverse merchant processor. They pay transaction fees to approved businesses integrated within the Minerva economy, they don't charge them. Minerva is a platform designed to incentivize the adoption of its OWL token with a new and disruptive economic model. Minerva introduces advanced methods to combat violent short-term price swings and rewards the companies that accept it at a variable rate to reduce volatility. It is both a platform with a tangible economic model as well as a cryptocurrency.

The world's first reverse merchant processor.

Minerva is a platform built on the Ethereum blockchain and its cryptocurrency is the OWL ERC20 token. The aim of Minerva is to address mainstream cryptocurrency adoption issues and provide partnered businesses with incentivized payment solutions.

Minerva is the world's first reverse merchant processor. We pay transaction fees to approved businesses integrated within the Minerva economy, we don't charge them. Minerva is a platform designed to incentivize the adoption of its OWL token with a new and disruptive economic model.

Smart Money on the Etheruem blockchain

Minerva is a platform built on the Ethereum blockchain. The aim of Minerva is to address mainstream cryptocurrency adoption issues and provide partnered businesses with incentivized payment solutions.

Website

minerva.com

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Intro Video

ICO Details

Ticker Symbol:
OWL
Platform
Ethereum (ERC20)
Accepts:
ETH
Hard Cap:
35,000,000 USD
Country:
USA
Total supply
100,000,000 OWL

Public Crowdsale

Ended
Date Sale:
Oct 1, 2017 — Nov 19, 2017 @ 49 days
Sale Avalable Tokens:
60,000,000 OWL @ 60.0%
Price:
1 OWL = 0.75 USD

ICO Overview

About Minerva Minerva is a platform built on the Ethereum blockchain, and its primary token is Minerva OWL. It is an ERC20 token and cryptocurrency. The aim of Minerva is to address mainstream cryptocurrency adoption issues and provide partnered businesses with incentivized payment solutions. Minerva will be used on carefully selected platforms which are subjected to rigorous auditing and transparency agreements. It is unlikely we will consider parterning with any platform with a < 15,000 Alexa ranking. The core differences between Minerva and Bitcoin is that Minerva is designed to reward platforms that accept its OWL token with reverse transaction fees, as well as address the challenges of mainstream cryptocurrency adoption. Minerva is a platform and the OWL token is its currency. In addition to being a cryptocurrency, we are the world's first reverse merchant processor. Minerva is brought to you by Minerva Technologies S.a.r.l., a Luxembourg based blockchain technology company comprised of team members and advisors from around the world. Private pre-sale structure Price per Owl: $0.60 Discounts: $0 - 1MM: 40% discount ($1,666,667 in token value) = 2,777,778 OWL $1MM - 5MM: 30% discount ($5,714,286 in token value) = 9,523,810 OWL $5MM - 10MM: 20% discount ($6,250,000 in token value) = 10,416,667 OWL Total Tokens Distributed: 22,718,254 Token Value Number: $1,000,000 / $0.60 = $1,666,666 (Original price without discounts) OWL Number: $1,000,000 * $0.36 = 2,777,778 OWL (Total OWL with discount applied) After Presale Hard Cap, Estimated Tokens Left: 37,281,746 ICO structure Price per Owl: $0.75 Discounts in regard to ETH contributed: 0-20,000 15% Discount 20,000-40,000: 12.5% Discount 40,000-50,000: 10% Discount 50,000-60,000: 7.5% Discount 60,000-65,000: 5% Discount 65,000-70,000: 3% Discount 70,000-72,500: 2% Discount 72,500-Hard Cap: 1% Discount ICO ETH Hard Cap: Every contribution will be based on $0.75 per Owl, before discount. The crowdfunding portal will be self adjusting to the current price of ETH (Ethereum) at the time of contribution. We will adjust the hard cap of the ICO, prior to the official launch, based on the amount raised in presale. If, $5MM raised presale, our ICO’s hard cap will be set to $30MM worth of ETH. (i.e. 85,715 ETH @ $350 ETH estimated market price). Example of OWL to ETH Ratio: 1 ETH @ $350 = 466 OWL To ensure the hard cap can be reached without running out of tokens, we will be creating tokens as ETH (Ethereum) is sent to the crowdsale smart contract. Using a set price of $0.75 per Owl and factoring in the amount raised during pre sale, we can allow ourselves to reach hard cap without having to limit ourselves to our projected 60,000,000 Owl estimate. The primary issue with a discount model (and fluctuating price of ETH) is trying to cap the amount of tokens that can be distributed prior to launching the smart contracts. This method will let us reach our hard cap and make sure we can make good on our discounts. Side Note: If presale hard cap is not reached, the main adjustable number for our public ICO is the amount of ETH we accept in the 1% discount range. This will allow our discounts rates to be consistent and still reach our hard cap.

Minerva is the world's first reverse merchant processor. We pay transaction fees to approved businesses integrated within the Minerva economy, we don't charge them. Minerva is a platform designed to incentivize the adoption of its OWL token with a new and disruptive economic model.

Minerva is a reverse merchant processor. They pay transaction fees to approved businesses integrated within the Minerva economy, they don't charge them. Minerva is a platform designed to incentivize the adoption of its OWL token with a new and disruptive economic model. Minerva introduces advanced methods to combat violent short-term price swings and rewards the companies that accept it at a variable rate to reduce volatility. It is both a platform with a tangible economic model as well as a cryptocurrency.

Telegram members

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Team

Greg Bailey
IT veteran
Paul Petratos
Head of Communications
Cory Torrella
BUSINESS DEVELOPMENT MARKETING
Corey Jackson
Founder / CTO; Lead Developer
Ron Diiorio
Founder & Strategic Partner
Courtney Turner
HR & Public Relations; Social Media Strategist
Corey Jackson: Found...
Kol Shtufaj
Creative Director
Robert Forster
Lead Solidity Developer

Advisors

Lee Hill
STRATEGIC ADVISOR
Michael Brooks
STRATEGIC ADVISOR
Keidi Carrington
Legal Advisor
Bryce Case Jr.
STRATEGIC ADVISOR
Jaron Lukasiewicz
Advisor
Rob Johnson
STRATEGIC ADVISOR
Jevgenijs Steinbuks
Economic Advisor
Steven Ormond-Smith
STRATEGIC ADVISOR

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