What’s new with Mingo since we last spoke with you?
# We’re really happy to announce that we will be releasing the tokens from the ICO crowdsale.
We have some numbers for everyone!
Total Supply: 1,233,633,630 XMC
* Pre-ICO: 160,372,372 XMC (13%)
* ICO: 555,135,134 XMC (45%)
Pre-ICO contributors will be receiving a 45% bonus in order to meet the "13% of total supply" commitment.
— MingoCoin (@MingoCoin) November 20, 2018
How have the last 12 months been for you guys?
# It has gone really well, overall. Naturally, the global crypto bear market was less than ideal, but overall we have built a really solid project with a talented team to get it over the line when everything is optimal and good to go.
How has the team evolved since we last spoke?
The core of our team remains relatively unchanged as per our white paper in March 2018. We have some additional members who will formally introduce to the community in the coming weeks.
We have been working on this project for 4 years and our ICO process is over 15 months down the road.
For example, Ken Anderson has been involved from Day 1 of this process and was on the very first discovery phone calls around the app idea and it his company that is a shareholder and the development team building the app. Ken and his team will work with us in Q1 2019 to build out our own in-house team to support and work alongside his team to add all the features on our roadmap.
We will complete and publish an updated roadmap before the end of Jan 2019. Anderson (Chief technology consultant and heading up the entire dev team). Ken is the lead developer advocate at Hashgraph, along with his team of 10 developers continually working to advance both Hashgraph and Mingo. Alongside the core team are 8 advisors helping us within their area of expertise from financial, legal and marketing. A team well balanced to advance development, while minding the budget. In the background, we have engaged one of the largest and most specialized law firms in the crypto and fintech field with a view to positioning us with future regulatory requirements.
What was your thinking around the timing of releasing the tokens and going to exchange?
Two prevailing schools of thought exist when it comes to exchanges. Those that want to list as soon as possible and those that prefer to wait. We feel that regardless of listing date, there will be those who liquidate their investment and those that take advantage by buying, this will never change no matter when the token is listed. Now is as good a time as any and in the process will purge the doubters and remove any negative vibes created within the community.
Having said that, we are happy to announce that on or about January 20th we will be listed on both a centralized exchange and a decentralized exchange! We negotiated a very reasonable fee to be listed on the centralized exchange, one catering to future Hashgraph-Dapp companies.