Mt Pelerin MPS
Bring together the old world of banking and the new tokenized economy.
Description
Mt Pelerin is a Swiss blockchain-based banking project using full deposit reserves, asset tokenization and smart contracts to build the future of banking.
At Mt Pelerin, we want to create a blockchain-based tokenization platform that would bring the entire bank’s* balance sheet on chain.
Our envisioned tokenized banking ecosystem would bring unprecedented service quality, cost competitiveness and investment opportunities to individuals and businesses alike
It would also be the long-awaited bridge between traditional and crypto assets, boosting the platform's global attractiveness.
Here are the three main pillars on which our plan is built:
100% Deposit Reserve
Money deposited on current accounts will be fully kept in reserve as high quality liquid assets. Unlike other banks, we will not reinvest our customers' deposits in risky assets for our own profit.
Marketplace Approach
Our plan is to provide services through marketplaces, where our customers and third party providers would connect and freely offer or request services at the conditions they choose.
Tokenized by Design
Our ambition is to tokenize assets and liabilities, creating an ecosystem where smart contracts can be applied. We want to bring an unprecedented liquidity to the trade of financial instruments.
At Mt Pelerin, we want to create a blockchain-based tokenization platform that would bring the entire bank’s* balance sheet on chain.
Our envisioned tokenized banking ecosystem would bring unprecedented service quality, cost competitiveness and investment opportunities to individuals and businesses alike
It would also be the long-awaited bridge between traditional and crypto assets, boosting the platform's global attractiveness.
Here are the three main pillars on which our plan is built:
100% Deposit Reserve
Money deposited on current accounts will be fully kept in reserve as high quality liquid assets. Unlike other banks, we will not reinvest our customers' deposits in risky assets for our own profit.
Marketplace Approach
Our plan is to provide services through marketplaces, where our customers and third party providers would connect and freely offer or request services at the conditions they choose.
Tokenized by Design
Our ambition is to tokenize assets and liabilities, creating an ecosystem where smart contracts can be applied. We want to bring an unprecedented liquidity to the trade of financial instruments.
General information
Presale ●Ended
October 23, 2018
October 26, 2018
October 26, 2018
Main sale ●Ended
October 31, 2018
December 15, 2018
December 15, 2018
Country of origin:
Most often it is the country whose citizens are the main part of the team, or the country where the main office is located.
Switzerland
Legal
Company name:
Mt Pelerin Group SA
Country of incorporation:
Company address:
Restricted areas:
Citizens or people located in this areas are not allowed to participate due to legal restrictions.
USA, China, Afghanistan, Bosnia, Cuba, Korea, Ethiopia, Guyana, Irak, Iran, Laos, Ouganda, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Vanuatu, Yemen.
Whitelist:
A whitelist STO means that you have to register in advance to participate in the STOs.
KYC:
KYC stands for “Know Your Customer”. It’s the process of identity verification of the customer. Each backer is supposed to pass the KYC procedure and provide their credentials in order to participate in this STO.
AML:
The term AML (Anti-Money Laundering) refers to a variety of policies, laws and regulations aimed at combating income generation through fraud.
Asset
Token rights:
Tokens give their owner the right to implement investment interests. It may be dividends, voting rights, etc.
Token details
Symbol:
MPS
Blockchain:
Ethereum
Token type:
ERC20
Available for sale:
500 000 (5%)
Total supply tokens:
10 000 000
Financial information
STO Price:
1 MPS = 5 USD
Accepts:
ETH, BTC, Fiat
Fundraising goal:
Maximum goal for total funds raised in an STO.
2,500,000 USD
Min. investment:
1,000 USD
Milestones
Q3 2016
Platform prototype
Q4 2016
Proof of concept with a Swiss bank
July 2017
Creation of Smart Execution SA
Q3 2017
Regulation and compliance work start
Q3 2017
Smart contracts & oracles v2
Q1 2018
Presentation of the project to the Swiss financial regulator
Q2 2018
Wallet beta
Q3 2018
Open-source release of the Mt Pelerin Bridge Protocol, the most advanced technical framework for the compliant issuance and lifetime management of financial instrument on the blockchain.
Q4 2018
Seed funding round
Q4 2018
Wallet release
Q1 2019
Main funding round
Q2 2019
Banking platform front end completed
Q3 2019
Banking platform back end completed
Q3 2019
External audit of IT and processes
Q4 2019
Target public launch with fiat bank accounts, cards and FX
Q2 2020
Crypto accounts, cards and FX
Q2 2020
Trade finance marketplace
Q4 2020
Loan products marketplace
Q2 2021
Business products marketplace
Q4 2021
Savings and funds marketplaces
Q2 2022
Real estate marketplace