MOZO: ICO Review

[ryker6688]

MOZO - The Token of Discovery

Introduction: What is Mozo?

Mozo is a blockchain-based solution for venues and retailers to increase and control foot traffic at offline stores. Mozo provides retailers and venue operators the ability to control and increase their foot traffic. By issuing Mozo Tokens as a reward for visiting, browsing (discovery), and purchasing, customers are incentivized to go where you direct them. Customers can accumulate Mozo Tokens and redeem them for deals, discounts, and promotions. Mozo Tokens are utility tokens operating on the Ethereum blockchain. This denotes value beyond Mozo’s reward application, permitting Mozo Tokens to be bought and traded on select coin exchanges.

Token Details:
Token Supply: 5,000,000,000 — 100%
Mozo Treasury: 2,500,000,000 — 50%
Mozo Foundation: 1,250,000,000 — 25%
Presale & Token Sale: 1,250,000,000 — 25%
1 Token = 0.09 USD (1st Tranche)
The total number of Mozo Tokens will be 5 Billion.
The total fundraising goal for Project Mozo is US$88 Million which is divided into 2 separate token sale tranches, as follow:
1st Tranche
Hard Cap: US$ 42 Million
Number of Tokens to be sold: 700 Million
Token Price: US$ 0.09
Method of Distribution: Presale and Crowdsale
Time Period:
Presale:
May 8 2018 to July 10, 2018
Crowdsale:
July 11, 2018 to July 18, 2018
Distribution of unsold Tokens: Redistributed on a proportional basis to 1st Tranche purchasers.
2nd Tranche
Hard Cap: US$ 46 Million
Number of Tokens to be sold: 550 Million
Token Price: US$ 0.12
Method of Distribution: Crowdsale only
Time Period:
Crowdsale:
Targeted for Q4 2018
Distribution of unsold Tokens: Redistributed on a proportional basis to 2nd Tranche purchasers

More about the project
Website: https://www.mozocoin.io/
WhitePaper: https://www.mozocoin.io/#
Medium: https://medium.com/@mozotoken
Telegram: https://t.me/mozotoken
Twitter: https://twitter.com/MozoToken
Linkedin: https://www.linkedin.com/company/mozo-project/
Reddit: https://www.reddit.com/user/MozoToken/
Facebook: https://www.facebook.com/Mozo-Token-2039854656295415/
Thank you all for reading.
Author: Ka Long
Telegram: @ryker6688