Professional ICO Analytics
Professional ICO Analytics

MyCryptoBank (MCB)

Main information

Official site: 

https://mycryptobank.io

Bounty: 

Pre ICO date: 

ICO date: 

Status: 

Weighted Average Rating: 

86.69

Project area: 

Banking

Product: 

MyCryptoBank — is an online bank allowing any client registered in the electronic bank system to make a full range of bank operations, additional operations with cryptocurrency (payment processing, debit cards, credits and cheap investment products, use of  cryptoassets as credit security and many others) based on Blockchain technology without visit of department.

MVP: 

Country: 

Estonia

KYC Verification: 

Where can be used: 

MyCryptoBank provides services of client’s remote access to accounts, products and bank services in order to make banking operations. MyCryptoBank offers its clients a multifunctional platform of banking service, which represents a hybrid system combining digital and traditional currencies. The use of digital currencies makes operations faster and cheaper, while traditional currencies guarantee practically all-round acceptance and validity.

Rating agencies: 

ICOmarks9.3/10
Foundico9.2/10
Foxico8.4/10

Blockchain information

Token type: 

EOS

Platform type: 

EOS

People

Team: 

NamePrevious companiesLinks
Yuriy Bolshukhin Viplat Ltd
Vladimir BronnikovBank Ugra
Mohanraj TamilarasuHMA STARware Pvt Ltd, CashLink Global Systems
Nikolay Panchenko MAU SGMSC, SMARTWIN LLC
Kyle HeadleyKDH Management
Anton Sivoded
John LuksicEx Professional soccer player, Public Adjustment Bureau, Dayton Area Chamber of Commerce
Maksim MarkovViplat Ltd
Bogdan VenglyukUNISTREAM COMMERCIAL BANK, Bank Jugra, Baltiyskiy Bank Public Joint-Stock Company
Erickvand TampilangLibertyLance, Hacken, Bidium
Vladimir KliuevArticMedia, Procter & Gamble
Davorin BebekRetail Shop , Pharmacy Osijek, Political magazine
Jun RealBancrea Homes
Anton TokishinRosEnergoAtom
Alexander DyupinRussian Expo Group, WBCSummit
Dmitry ChernyakConsult-MIT
Alexey MalikovFreelancer
Benito ElisaBramer Bank
Alexey SidorowichMerkeleon Auction Software
Vladimir Nitaber Zeppelin OÜ
Naviin Kapoor Abu Dhabi Commercial Bank, Oracle
Alexander FrolovProcter & Gamble, Philip Morris Sales And Marketing Ltd., NWPSolution, LLC "DealArt", L’Oreal

Advisors: 

NamePrevious companiesLinks
Phillip NunnNUNN MCCREESH LLP, The Blackmore Group, Phocas Software, Perfect Day ltd
Campbell LawBeacon Management (Cayman) Ltd, Goldman Sachs, Higgs & Johnson
Nikolay ShkilevQROLIK, ICObench, Shkilev’s Private Business Club, Ketch Up Burgers, Balt-Shelf Holding
(Dr) Savio GomezPacMarine Services, KrisTech IO, PacMarine Services
Vladimir Nikitin QROLIK, ICObench, Ketch Up Burgers
Pankaj GuptaUniversity of Rochester, Mera Medicare, Toshiba International Corporation, Meetup, Luminus Devices
Scott Douglas (Clary)Bell

Partners: 

Markeleon Ruber Zeppelin Phenom KeyPair SkyCover VERIFF graphenelab CIF

Financial details

Total token vol: 

795500000

Token in ICO: 

65

PreICO value: 

1 MCB = 0.2 USD

ICO value: 

1 MCB = 0.48 USD

Token Distribution: 

  • Distributed among the ICO participants : 65%
  • Reserve fund : 15%
  • Kept for the project team : 10%
  • Distributed among partners and  experts : 7%
  • Allocated for development of the Bounty campaign : 3%

Fund usage: 

  • Development and Integration of Blockchain Platform : 30%
  • Marketing and Partner Network Development : 20%
  • Obtaining banking licenses and maintaining the bank liquidity : 20%
  • Development of crypto ATM network with fingerprint identification and face recognition function : 10%
  • Development of innovative products : 10%
  • Infrastructure development : 10%

Hardcap: 

100000000 USD

Softcap: 

3000000 USD

Attracted: 

Attracted %: 

Road map

What is done: 

2006 ViPlat company foundation 2014 Purchase of Forex trade terminal 2015 5000 payment terminals installed. Contract with liquidity provider signed for direct access to interbank market 2016 Commissioning of own payment system Development of software – informational complex for payment processing, with the capacity of 20 thousand payment processing per minute 2017 July MCB project concept developed November 1 BIT OU Company registered April 2018 Start of the trader personal account development. Document submitted for license for turnover and storage of cryptocyrrencies and cyber values. May 2018 License for turnover and storage of cryptocurrencies and cyber values granted: Provider of services for cyber values exchange to monetary (fiduciary) assets Provider of services for cyber values wallet Completed development and launch of own crypto-exchange 1bit.online

What is planned: 

July 2018 Arrangement of ICO Presale August 2018 MVP MyCryptoBank Wallet (mobile crypto bank) Implementation of crypto-exchange MyCryptoBank service September 2018 ICO November 2018 Start of MCB trading in exchanges December 2018 Obtain payment license EMI license obtained (license for e-money emission) Merchant billing system implemented Q1 2019 Implementation of crypto-terminals with functions of fiduciary money intake and exchange of crypto currencies MCB payment rings production Start of MCB bank cards issue with the partner-banks Implementation of crypto-terminals with functions of fiduciary money intake and exchange of crypto currencies Implementation of payment multi cards with optional use as cold crypto currency wallet Q2 2019 Company partnership in SWIFT Implementation of EPC Rulebook for financial operations in Euro zone Implementation of technology for users identification by biometrics data Broker license obtained Launch of currency, indexes and futures trading in Forex market. Q3 2019 International banking license of B type obtained in Cayman islands Implementation of MCB crypto-ATM for withdrawal and depositing of fiduciary assets Launch of crypto-currency acquiring service Q4 2019 Launch of Р2Р-loan system in MCB mobile bank Receipt of additional license for banking operations with crypto currencies Implementation of MCB users crediting in crypto currencies Expansion of crypto АТМ network Implementation of consultancy and legal service rendering, including taxation Start of bank deposits service rendering

Road map progress: 

37%