Midas

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Midas
Midas logo
Midas ICO Review
Midas ICO
Ticker: MAS
ICO start: 2018-07-01 00:00:00
ICO end: 2018-07-22 00:00:00
Price: 1 ETH = 10,000 MAS
Bonus: 1
Tokens: 250,000,000 MAS
Tokentype: ERC20
Hardcap: 18,000 ETH
Softcap: 5,000 ETH
Platform: Ethereum
Distributed: 50%
Minimum: 0.5 ETH
Accepting: ETH

Midas Protocol recognized these many pressing issues with cryptocurrency investment today, and is offering a complete solution. They are launching a platform that will allow investors to buy, sell, exchange and spend a whole array of crypto-assets all under one place. They provide a universal tool which helps the average person without much technical knowledge can take part in this revolution.

Description[edit]

Most wallets are not supporting exchange with Decentralized Exchanges directly
→ Users can use Midas wallet to exchange ETH and ERC-20 tokens directly with DEX like Kyber Network; and soon can exchange many other cryptocurrencies and tokens like NEO, NEP-5 tokens, XLM, Stellar tokens, EOS, v.v.. with respective DEXs.
Crypto-trading is time-consuming and exchanges’s order-types is very limited
→ Midas platform help traders limit risks and capture opportunities with many advanced order types so they can sleep well at night:
 ● Trailing stop-loss order
 ● Conditional trailing stop-loss order
 ● Multiple Standby orders
 ● DSL for Programmable ordering
About multiple stand-by orders with 1 single source of fund:
This function is not available at any existing cryptocurrencies exchange. Midas Protocol platform will continuously monitor market movements and place stand-by orders. Until the preset condition(s) is met, the actual order will be placed and executed.
Example: John wants to buy 10 different types of token with his total budget of 1 ETH, only when there's 10% price dip of any token. Midas system will help John place 10 stand-by orders to buy these 10 tokens. Once any token price drops by 10%, actual/final order will be placed and executed to buy that token.
Hard to find (real) good traders to learn and follow
→ Midas platform will provide Leaderboard so users can see all top traders/investors, ranked by their actual portfolio performance and growth. Midas platform will suggest which top traders users should consider following, based on the level of similarity between the 2 portfolios. Other users can use MIDAS token to pay fee to follow and copy trade actions from those top performers.
Crypto landscape is constantly changing. It’s a challenge to keep track of news and market movements to stay on top of the game.
→ Midas platform will send a notification to users mobile app when something happens in the market that can significantly affect your portfolio. It can be a sudden drop/rise of a cryptocurrency you’re holding, or it can be a specific news about certain crypto in your portfolio.

Roadmap[edit]

Q1/2018: Project initiation.
Idea completion.
Platform design.
Technology & Market research finalization.
Q2/2018: Token Sale (Pioneer and ICO).
Q3/2018: Alpha launch MidasProtocol®.
Wallet alpha release (support BTC, ETH, ERC20 tokens).
Basic Portfolio management.
Kyber.network integration.
MidasProtocol® testnet.
Atomic cross-chain transfers (testnet).
Q4/2018: Beta launch MidasProtocol®.
• Advanced Wallet (supports Nav, Monero, Nano, Zerocoin protocol, etc...).
• Advanced Portfolio Management.
• Multi-exchanges integration.
• MidasFoundation® voting starts (testnet).
• Reward engine implementation (testnet).
Q1/2019: • MidasFoundation® release (main net).
• Reward engine release (main net).
• APIs for 3rd party bots and apps.
• ICO report & alert.
Q2/2019: • Atomic cross-chain trading release (main net).
• Support advanced trading.
• Machine Learning & AI for advanced technical analysis.
Late 2019 & Early 2020:: • Grow community.
• MidasProtocol® and MidasFoundation® Open APIs.[1]

Team[edit]

name: title: links: group: photo: iss:
David Nguyen CHAIRMAN & CHIEF FINANCIAL OFFICER https://www.linkedin.com/in/quangvunguyen/ David Nguyen photo 7.6
Minh Chu CHIEF EXECUTIVE OFFICER https://www.linkedin.com/in/chu-duc-minh-1773a229/ Minh Chu photo 7.6
Long Phan CHIEF OPERATING OFFICER http://www.linkedin.com/in/phanphilong Long Phan photo 3.6
Phillip Phung CHIEF MARKETING OFFICER https://www.linkedin.com/in/phillipphung/ Phillip Phung photo 3.6
Ngoc Nguyen CHIEF TECHNOLOGY OFFICER https://www.linkedin.com/in/nguyenphuongngoc Ngoc Nguyen photo 3.6
Victor Tran Advisor https://linkedin.com/in/vutranhuy Advisors Victor Tran photo 17.6
Long Vuong Advisor https://linkedin.com/in/longvuong22 Advisors Long Vuong photo 10.5
Thuc Vu Advisor https://www.linkedin.com/in/thucvu/ Advisors Thuc Vu photo 3.6
Giang Trinh Advisor https://www.linkedin.com/in/gmtvn/ Advisors Giang Trinh photo 3.6
Nguyen Pham Advisor https://www.linkedin.com/in/pham-uyen-nguyen-b0257a1/ Advisors Nguyen Pham photo 3.6
Danny Christ Ambassador https://www.linkedin.com/in/dannychrist/ Ambassadors and Counselors Danny Christ photo 20.9
Richard Phua Ambassador https://www.linkedin.com/in/richard-p-crypto/ Ambassadors and Counselors Richard Phua photo 3.6
Yann Quelenn Ambassador https://www.linkedin.com/in/yannquelenn/ Ambassadors and Counselors Yann Quelenn photo 3.6
Mikhail Minorov Ambassador https://www.linkedin.com/in/mikmiro/ Ambassadors and Counselors Mikhail Minorov photo 3.6
Quentin Abrahams Ambassador https://www.linkedin.com/in/quentin-abrahams/ Ambassadors and Counselors Quentin Abrahams photo 6.6
Octavio Monteiro Ambassador https://www.linkedin.com/in/octavio-monteiro-de-carvalho-domit-167154/ Ambassadors and Counselors Octavio Monteiro photo 3.6

External links[edit]

Midas on Twitter
Midas on Telegram
Midas on Facebook
Midas on Medium
Midas on Bitcointalk
Midas on Discord
Midas on Youtube
Midas Official Website
Midas Whitepaper

Sources[edit]

  1. https://midasprotocol.io/

See Also on BitcoinWiki[edit]