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What is Merchant Token?
Sweden based HIPS Payment Group Ltd., a provider of innovative and cost-effective e-commerce and mobile payment solutions. The company announced that their highly anticipated cryptocurrency, Merchant Token (MTO), has launched, alongside their Merchant Protocol (HMP) and the Hips Merchant Protocol Gateway (HMP gateway).
HIPS Merchant Protocol (HMP), the Hips Merchant Protocol Gateway (HMP- gateway), and the governing Merchant Token (MTO) is a solution that introduces consumer protection concepts from the traditional card payment industry to any Blockchain with support for smart contracts like Cardano (ADA), Ethereum or Solana.
Dispute and contract fees are paid in MTO. By holding MTO, the investor can stake and earn dividends from the dispute and contract fees.
Who is the CEO?
John Cavebring, CEO of Hips says: “We believe that the consumer-oriented features of the MTO are the missing piece for crypto payments to have market penetration and mass-adoption among mainstream consumers”.
What is Merchant Token ICO Launchpad?
The Merchant Protocol Project was privately launched by Hips Payment Group in June 2020.
The ICO will continue for 100 phases, and the token price will increase +$0.01 for each phase. After all phases has completed, the token will be deposited to all investors as well as listed on multiple crypto exchangers for the price of $1.20. After that the market will take over the valuation and the fun begins.
The team behind the Merchant Token are vested for 4 years and will do everything to reach the long term goals for the protocol and token. After the ICO, you can choose to keep your MTO or convert them to any listed pair via the exchanges where MTO is listed.
Learn more about the Merchant Token ICO Launchpad and become an Early Token Buyer for the Largest DeFi ICO of 2021!
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