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MinexCoin (MNX)

Financial Services

Overview

MinexCoin is a payment system built on the eponymous crypto-asset regulated by an autonomous algorithm.

Features

MinexCoin tackles the issue of high volatility by automatically regulating demand and supply at exchanges. To do that, it uses certain algorithms that encourage coin holders to buy, sell or keep their assets depending on the balance of supply and demand at the given time. Those algorithms resemble activity of central banks that maintain the cost of their national currency, so they are collectively known as MinexBank.

MinexBank is a closed source app, though some of its features are accessible to users via the official website. At MinexBank users may browse existing interest rates for parking payments and file up a request to receive interest for coin parking operations. In order to protect the assets, the bank’s reserve is stored in cold wallets.

Crowdsale

ICO
ICO start date 15 May 2017
ICO end date 13 Jun 2017
ICO token supply 2,700,000
Hard cap size 24,770,000 USD (fiat)
Legal
ICO Platform 3
Registration Country Hong Kong
Token details
Ticker MNX
Type Cryptocurrency
Additional Token Emission No
Accepted Currencies

BTC

Bonus Program
  • 15-17 May 50% bonus
  • 18-20 May 45% bonus
  • 21-23 May 40% bonus
  • 24-26 May 35% bonus
  • 27-29 May 30% bonus
  • 30 May-1 June 25% bonus
  • 2-4 June 20% bonus
  • 5-7June 15% bonus
  • 8-10June 10% bonus
  • 11-13 June 5% bonus
Token distribution
  • 50% - Premining
  • 25% - ICO (subscription + presale + bonuses)
  • 3% - Bounty
  • 13% - MinexBank reserve
  • 9% - Developers’ and advisors’ capital

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
2018 NA NA NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info NA
Risk score Info NA

Trading

(MNX)
$6.31
0.92% 24H
ETH
return 0.2x
Start ICO 15 May 2017
End ICO 13 Jun 2017
Token MNX
Price 1 MNX = 6.31 USD
Product Type Cryptocurrency Ecosystem
MVP Product design and partially product code
Registration Country Hong Kong
Whitepaper View

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