Mt Pelerin

ICO Ended
214 days 6 hours ago

Description

At Mt Pelerin, we believe that an evolution of banking is long overdue. With the global enthusiasm for FinTech and the ever growing success of blockchain technologies, we now have all the right tools to make this evolution happen. We ambition to design a fully regulated and compliant bank on blockchain in Geneva, Switzerland. Our key concept is the tokenization of the entire balance sheet of the bank, making the use of smart contracts on any asset possible. Implemented around a modular and open platform, comprehensive banking services will be delivered as marketplaces where the trade of tokenized assets will be possible with unprecedented liquidity, transparency and efficiency. This will also let us heavily reduce operational costs compared to traditional banks, while radically democratizing the access to assets and investment opportunities. Being open to services from other financial institutions in order to bring more choice to our customers and a healthier competition, our marketplaces will be the bridge we have envisioned. Our business model is also designed to keep 100% of our clients’ current accounts in reserve, acting as a custodian bank, in a fully transparent manner. In this way, they will know that their assets are safe with us and not leveraged for our profit. Instead, revenue will be driven from value-adding and innovative services offered on our marketplaces.

 

General
ICO Dates
30 Oct 2018 - 15 Dec 2018
Whitelist / KYC
KYC & Whitelist
Country
Switzerland
Ticket
MPS
Token Type
ERC20
Available for Sale
Financial
ICO price
1 MPS = 5 usd
Accepting
ETH, BTC, Fiat
Hard Cap
2M $
Tokens for sale
500,000
Team
Arnaud Salomon
Founder & CEO
Jingyao Jin
COO
ADVISORS
Jürg Conzett
Head of the Zürich MoneyMuseum
Marc Bettinger
Director at Forctis.io
Paul Wang
Cybersecurity Advocate
  • 1
    Q3 2016

    Platform prototype

  • 2
    Q4 2016

    Proof of concept with a Swiss bank

  • 3
    July 2017

    Creation of Smart Execution SA

  • 4
    Q3 2017

    Regulation and compliance work start

  • 5
    Q3 2017

    Smart contracts & oracles v2

  • 6
    Q1 2018

    Presentation of the project to the Swiss financial regulator

  • 7
    Q2 2018

    Wallet beta

  • 8
    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.

  • 9
    Q4 2018

    Seed funding round

  • 10
    Q4 2018

    Wallet release

  • 11
    Q1 2019

    Main funding round

  • 12
    Q2 2019

    Banking platform front end completed

  • 13
    Q3 2019

    Banking platform back end completed

  • 14
    Q3 2019

    External audit of IT and processes

  • 15
    Q4 2019

    Target public launch with fiat bank accounts, cards and FX

  • 16
    Q2 2020

    Crypto accounts, cards and FX

  • 17
    Q2 2020

    Trade finance marketplace

  • 18
    Q4 2020

    Loan products marketplace

  • 19
    Q2 2021

    Business products marketplace

  • 20
    Q4 2021

    Savings and funds marketplaces

  • 21
    Q2 2022

    Real estate marketplace