The Max Property Group is launching phase II of its MPG token offering via TRADING COMPETITIONS and BUY MPG & EARN MPG PROGRAMS from the 1st of October 2019 until the 15th of December 2019.
Having completed a Seed Round, a PRE-ITO and phase I of its ITO, and reaching the developmental milestones as a result, Max Property Group is now conducting phase II of its MPG token offering. An established company with a working product, close to 75,000 registered users, an integrated blockchain and the MPG token listed on various exchanges, this offering is lightyears away from an ITO based on an idea and whitepaper.
Phase II of the token offering is being boosted by trading competitions on the platforms that support the trade of the MPG token. The users with the highest trading volume will receive bonus tokens. The first prize will receive a property bond to the value of €1,000. This property bond represents €1,000 of property in Germany and receives 8% interest per year, or 2% per quarter, so the winner will actually receive a property investment and €80 per year, plus a profit share when the property portfolio is sold!!!
The next highest traders up to 50th place on the exchanges will be awarded MPG tokens. Subsequently, additional bonus tokens will be awarded to those who hold on to the token for a certain amount of time. Please see the full conditions below.
The first trading competition will be held on Stex.com from 01/10/2019 until 29/10/2019. Additional competitions will be announced as soon as they are confirmed by the exchanges.
After the BUY bonus has been paid out, you will have the chance to EARN MPG
Max Property Group Security Tokens (to be announced soon) to the value of €5,000 will be given to any person who BUYS 2,500,000 MPG tokens and holds them for a minimum of 6 months. More details about the company valuation can be found on the Seedrs.com website, once our fundraiser campaign will go live.
To perform a transaction on the group’s property investment platform, Max Crowdfund, fees are charged in Euros but paid in MPG tokens. The MPG tokens used on the platform are instantly burned, thus diminishing their supply. The fees are charged in Euros in order to ensure transaction costs are stabilised in case the MPG token value were to increase dramatically as a result of its diminishing supply.
The platform is now functional on the MPG blockchain, with the MPG token being used to pay for certain transactions such as creating a support ticket, voting for a charity and paying transactions fees when making an investment, in line with the company’s development roadmap. Additional transactions, such as creating fundraising projects (in the form of security tokens), will also soon be charged in MPG tokens, as soon as the development team has completed the integration step of adding assets to the MPG blockchain.