MerkleTree.capital x Free TON

Ohhhhhhhhhhhhhhhhhhh! Muuuuch better! Now it makes sense. This is now viable imo. I say do it!

About Merkletree.capital

Merkletree.capital (https://merkletree.capital) is a crypto hedge fund, which owns four companies focused on cross-border crypto payment services in the African continent.

Key Stats

  • Registered users: 595,700
  • Active users: 260,300/month
  • Unique paying users: 188,000/year
  • Revenue: $21,000,000/year

Key Points

  • Focus on the markets of the African continents
  • Local fiat gateway supports: South African Rands, Nigerian Naira, Ghanaian Cedis

Companies

1) Valr (https://www.valr.com/) is a reward-incentivized cross-border payment platform.

  • Registered users: 116,000
  • Active users: 43,000/month
  • Unique paying users: 36,000
  • ~60% South Africa, Zimbabwe, Ghana, Nigeria), Europe(~ 15% mostly UK), North America(~10 % US, Canada), Asia(15% South East Asia)
  • Revenue: $15,000,000/year

2) Ovex (https://ovex.io) is South Africa’s largest OTC desk.

  • Registered users: 145,800
  • Active users: 78,800/month
  • Unique paying users: 42,000
  • Geography: African region(~75% Southern Africa, West Africa, East Africa), Europe(~ 10% UK, France, Germany), North America(~15 % US, Canada), Asia(15% South East Asia)
  • Revenue: $2,500,000m/year

3) Chankura (https://chankura.com) is one of the few South African crypto exchanges supporting several local fiat currencies.

  • Registered users: 201,000
  • Active users: 76,000/month
  • Unique paying users: 22,000
  • Geography: African region(~88% Southern Africa, West Africa, East Africa), Europe(~5% UK, France, Germany, Spain) North America(~6% US, Canada), Asia(1% South East Asia)
  • Revenue: $2,500,000/year

4) Hashcash.money (https://hashcash.money, https://exchange.hashcash.money) is a protocol for trading synthetic assets on the Ethereum blockchain.

  • Registered users: 132,900
  • Active users: 62,500/month
  • Unique paying users: 34,000
  • Geography: African region(~85% Southern Africa, West Africa, East Africa), Europe(~ 7% UK, France, Germany, Spain) North America(~15 % US, Canada), Asia(8% South East Asia)
  • Revenue: $756,000/year

Token Request: 2 PHASES

Objectives

Build the African Free TON ecosystem by creating core infrastructure and engaging in education and marketing.

Execution

  1. One-time reward of up to 10 TONs per anual unique paying user
  • Up to 5% of user’s purchase of TON
    • If user purchases 10 tons, then one gets 0.5 Ton as bonus
  • No free airdrop
    • Distribution only to unique paying user
  • Maximum limit of 10 Tons
    • If user purchases 10,000 Tons, one would still only get 10 Tons max
  • Distribution to only KYC completed account
    • No duplicate accounts
  • Sample distribution table:

  1. Accept TON as payment method for paying for various fees at the services
  • Custody service fees
  • Withdrawal fees
  • Trading fees

Development

  1. Create custody solution
  2. Create wallet with transfer and exchange features
  3. Create payment platform to accept TONs as payment method
  4. All other required changes in the existing interfaces and back-end flows

KPI (initial commitment)

  • Registered users: 595,700

  • Active users: 260,300/month

  • Unique paying users: 188,000/year

  • Revenue: $21,000,000/year

  • Merkletree.capital’s TON address is 0:39b2e9d5bacac91cb46c0c1cfb0ee828ddd5ae4db54e8661547c472c3e37be7b

Potential Next Steps

  • Create Free TON asset on top of Ethereum using Hashcash solution
  • Provide staking service

Disclaimer

Merkletree.capital and its related companies have customers in the US, but no TONs will be distributed to any US persons or entities.

2 Likes

Now we’re talking! Looks right at this point. I’m all for.

Significant potential user reach. Looks promising

No contact details for Merkletree. capital
There is no way to confirm the originality of the request and the capabilities of Merkletree. capital

Response from the partner valr.com
https://twitter.com/VALRdotcom/status/1341314275504218112

3 Likes

@Artist MerkleTree.Capital operates and owns various crypto platforms across Africa. For example Hashcash, Chankura, GeoPay etc are owned by MerkleTree.Capital. This also includes the portfolio of exchanges under MerkleTree Capital because it’s structured in a form of a Crypto Hedge Fund. Please contact [email protected] if you need clarity on the information.

1 Like

This is one of the important partnerships for TON I can’t wait to see executed!

1 Like

I think it makes sense

Supplement to the Valr survey.
https://twitter.com/VALRdotcom/status/1341385132268261385

2 Likes

@Artist please contact [email protected] directly if you need information or clarity about Merkletree Capital relationships and platforms .

I believe it was stated before that http://merkletree.capital is only a landing page for the crypto hedge fund which owns and works with various exchanges. Which means it’s not the platform or publicly well known platform like the exchanges themselves

Accepted via on-chain voting https://gov.freeton.org/proposal?proposalAddress=0:3563500f626cf8a71837433cbc91cfb4cde0317eca71866b08315b9409b01117

Why was this approved? The evidence points towards MerkleTree.capital being a fraud

4 Likes

:pensive:
Why do you need analytics ?
If the jury members believe the “partners” words.
I am very sorry for these crystals, get ready to accept them in BID.

2 Likes

I am looking for a partner to analyze.
I went to the site merkletree.capital

Even from the site it is clear that it is a scam :poop:

2 Likes

:man_facepalming:
What is going on here? Specifically here, in this forum thread, I do not see any reason for this partnership at all. It might be super cool, but not a word explains that. WTF? Another decision on the sidelines?

Clear shutterstock pictures and nothing more? Please stop it until explained!

I suppose we discredit ourself. No AMA, no explanation to community. I see principles of DoD under attack.

4 Likes

Can you pls be a bit more specific on what’s wrong with this partnership? There were comments. They did many changes based on that. The loyalty program rewarding tons is actually linked to users buying tons, which is designed to stimulate demand. What’s wrong?

Sure. But firstly you must point me on that significant event I missed between this two opinions from the same person…

At a minimum, there is no contact information, who does the community transfer tokens to ?
Additionally, the partners Stated by the author of the topic do not know about MerkleTree. capital (Link) Other partners specified by the author do not respond to my requests. (Not active)
If there is a possibility to freeze the payment, let’s do it to find out more information.