Merculet (MVP) ICO Review & Analysis – Merculet ICO Review

Merculet

Embracing Token Based Operations

ERC20 Token

Merculet provides a turn-key solution that allows clients to embrace token-based operation without knowing much details about blockchain technology. It endeavors to join hands with companies and users to achieve better products and to form new relations of production.

As the gate to the Internet of Value towards millions of internet enterprises, billions of Internet users, and hundreds of billions of dollars, Merculet aims to cooperate with strategic partners around the world to restructure internet traffic and to ultimately achieve the landing of distributed business model.

Energizing users: the value of users is ignored in the current circumstance, which in turn exacerbates the difficulty of business operations and creates an unpromising cycle. Merculet aims to give to the users the value that is users and help the user obtain the enterprise reward by paying attention to it.
Energizing entrepreneurs: thousands of enterprises are facing growth problem for the increasing of monopoly and the bottlenecks of technical enhancement in the era of blockchain. Merculet allow enterprises to facilitate the rapid issuance of UAT, to assess the user’s UAV. It completes the ecological interoperability by connecting different UATs with MVP;

“The Magic Foundation was established in Singapore in 2017, Magic Foundation Ltd. is a nonprofit legal entity. It is committed to advocate and promote the transparent development and management of Merculet, to build a safe and harmonious open community.”

Exchanges

Positives

Merculet is extremely advanced in terms of technical concept. Merculets Whitepaper goes into some serious depth into how the platform will work and how the ecosystem will behave. Investors who are looking for some very technically sound concepts with some potential for real world usage are going to find a lot here. Tokenization is a hot topic and one that is bound to evolve over the next few years.
Distributed Business Models are a hot topic for companies/enterprises that are looking to branch into Blockchain Technology. Obviously these companies are going to need to approach/utilize applications such as Merculet to enable them to develop their model. There are plenty of competitors in this space but Merculet does do enough to keep themselves separated and unique. This model gives Merculet some much needed “real world usage”.
Merculets Advisory Board is honestly a very strong point here. For example, Tang BinSen is the Founder of Elex and has been responsible for the promotion of games such as Happy Farm, Clash of Kings and other extremely popular/viral mobile games. We do have our concerns for Merculets “adoption” plan but the advisors here look strong enough to guide them through this. Other advisors include Shoucheng Zhang, a Professor at Standford University, Roger Lim, the Founding Partner of NEO Global Capital and many more.
Very impressive team here who have been working in more or less the same industries for at least 4 years. The CEO, CTO and CPO all worked for Magic Window and it’s obvious they’ve got experience working with each other. Ivan Jiang is the CEO of Magic Window and has worked for companies including HP, SAP and Admaster. Shenjun Zhang was the CTO and Co-founder of Magic Window and has also worked for EMC, HP and Admaster.
Competitors are going to find it hard to compete quickly. Merculet is creating a platform that is not easily copied due to the extent of the features they are developing. This isn’t a copy/paste project with a single function.

Concerns

The biggest issue we have with Merculet is just how ambitious the project is in relation to how much development has actually been made. Merculet has some fantastic ideas that have great use cases but right now they aren’t being 100% clear how they intend to market/spread their technology. The fact that the project is still in very early development is not necessarily a “concern” because eventually this will change. Our “concern” is with their adoption strategy more than anything.
Not a huge concern but Merculet is one of those coins that has a very large total supply compared to the initial circulating supply. This is all very normal and the Merculet team have already described how the Circulating Supply will increase, but investors should be aware that at the time of writing (June 30th, 2018) only 12% of tokens are in circulation. MVP will leak into the total supply which of course means “scarcity” of the MVP token decreases which in any situation has an effect on token value, regardless of how small.
No other real concerns here. Honestly there isn’t a whole lot of information available that we can analyse in a way to assess risks. Merculet is still in it’s very early development stages and the project still seems very conceptual right now. If you know what you’re researching and what you’re looking to invest in, Merculet may be a good long term hold. If you have no technical knowledge on blockchain technology and are looking for a project to give you a “dumbed down” version of their service, you may be out of luck here. We’d recommend following the project or at least keeping an eye on their development progress.