What is Merchant Token?
As its name suggests, Merchant Token is a payment system for merchants developed on the DeFi platform to safeguard consumers. Project is a division of the HIPS Payment Groups, a top provider of e-commerce and mobile payment solutions. HIPS Merchant Protocol and Gateways are the two key factors that will control Merchant Token.
The project aims to provide consumer protection by integrating blockchain technology and using smart contracts from other blockchains, including Ethereum, Cardano, and Solana. The HIPS Merchant blockchain, where it will be tailored for real-time merchant transactions, will support Merchant Token. Nevertheless, the HIPS network will not only integrate with Solana, which improves scalability to execute 50k transactions in a matter of seconds, but will also focus on Ethereum.
The chargeback system, which most businesses detest issuing refunds to customers, according to the problem field project teams, is problematic and harms their reputation in the market. The HIPS blockchain, on the other hand, offers Payment Escrowing with ADM, or Automatic Dispute Management ADM, which is crucial for off-chain components like online payment processing. The main feature will be community dispute management, which will let token holders take part in dispute proceedings to enhance their token holdings.
How to Buy Merchant Token in ICO?
- Step 1: Go to official MTO Token ICO Launchpad
- Step 2: Create account using your email address & Login into account
- Step 3: Now you have multiple inbuilt option including Coinbase Wallet, Visa, Mastercard or MasterCard.
- Step 4: on your dashboard launchpad provider Etheruem ERC20 Deposit address on which you can directly send your ETH (ERC20).
- Step 5: you can buy using Binance or any other Ethereum Wallet to add ETH to buy MTO token (user Ethereum network i.e., ERC20 standard).
- Step 6: Token will immediately be added to your wallet as your transaction is complete, thus you must input an Ethereum ERC20 wallet (Metamask or Trust Wallet recommended). Cross-check your wallet address before entering it, since it cannot be modified after it has been entered.
You can also earn MTO Token with affiliate program, where you have referred this to your friend for that you will get 25% on each referral investment.
Merchant Token Overview
|Project name||Merchant Token|
|Based on||Merchant Payment|
MTO ICO Overview
|Platform used||Own Platform|
|Date of ICO||1st April to 30th June 2021|
|ICO Price||$0.20 to $1.20 USD|
MTO Price Analysis
While this Token is based on the ERC20 token standard on the Ethereum Blockchain, MTO is the native protocol token of the Hips Merchant Protocol. Owners of MTO tokens receive incentives for using the merchant ecosystem as well as community engagement in governance. After HIPS merchant Blockchain deploys its primary network, MTO will be convertible to Merchant Coin (MEO) at a 1:1 ratio. That implies that MTO will be valued the same as the HIPS native currency, which will be introduced later this year. MTO, however, was established by hips.com and is CERTIK audited.
Phase 1 MTO pricing will be $0.20 USD, and phase 3 public sale ICO price will be $1.20 USD. 100 million MTO tokens will be available, of which 50% will be issued during the ICO and the remaining tokens will be burnt. The initial coin offering (ICO) sale will expire on June 30, 2021, after which it will launch on Uniswap and eventually other CEX.
HIPS Payment Group, which partners with several payment gateways globally, introduced the Merchant Token. The project’s concept has the potential to revolutionise the existing payment methods used by retailers. The project team has extensive expertise in the payments sector, which will aid in the project’s further growth. The Merchant Token will be a crucial component of this project since investors are responding to it very favourably. Phase 28 tokens have already sold out as of this writing, and phase 100 should come to a finish soon.
Will Merchant Token hit $10?
10 USD will be reached following a significant CEX exchange.
Is MTO a Good Investment?
The MTO sold during the ICO sale will be a wise investment.