We are excited to share our roadmap for the upcoming MNTE sale rounds and the highly anticipated release of the Mintera App on mainnet. This marks another significant milestone in our journey towards building a sustainable financial ecosystem with blockchain technology.

Without further ado, let’s dive into the key details.

Upcoming Token Sale Dates and Prices

We are pleased to announce that the next token sale rounds will be held on the Mintera website, just like the presale, utilizing the same trustless and smart-contract managed system.

However, this time, the sale will take place directly on the Arbitrum network, eliminating the need for bridging MNTE between Ethereum and Arbitrum in the future.

Compared to the presale, each sale round will be shorter (2 weeks each), with a more limited supply of tokens, and at a gradually increasing price. This means a quicker distribution of MNTE to be used on the Mintera App, and more realistic hard cap targets. It also a way for us to ensure a fair distribution and to allow more participants to join our growing community.

Here are the dates and prices for each round:

• Round 1: June 1st to June 15th, Price: 0.00016 ETH
• Round 2: June 15th to June 29th, Price: 0.00018 ETH
• Round 3: June 29th to July 13th, Price: 0.00020 ETH
• Round 4: July 13th to August 1st, Price: 0.00022 ETH

The Buy MNTE page has already been updated with the correct information.

Investors will have the opportunity to claim their MNTE tokens immediately after the completion of each round, allowing for seamless participation and access to the Mintera ecosystem.

Why we Opted for a Direct Token Sale

Transparency is paramount to us, and we want to address why we have chosen not to pursue an Initial Exchange Offering (IEO) for our token sale contrary to what was previously announced.

There are four primary reasons behind this decision:

1. Misaligned goals: most IEOs offered by exchanges are in fact purely marketing operations rather than broad distribution of tokens. Most platforms were not suitable for our goals.
2. Cost Efficiency: launching an IEO on a reputable exchange represents significant costs. By opting for a direct token sale on our platform, we believe our resources are better allocated towards enhancing the Mintera ecosystem and delivering long-term value to our community.
3. Exchange Analysis: we have carefully evaluated many tier-2 exchanges and concluded that the benefits of conducting an IEO on such platforms are very uncertain.
4. Platform dependency: launching an IEO means that users need to register an account on the exchange to invest. It also prevents anyone who does not wish to create an account on this particular platform from accessing the sale.

Please be assured that this decision does not affect our commitment to list MNTE on a reputable and trusted centralized exchange upon completion of our token sales. We are currently in talks with several exchanges and we’ll soon unveil our platform of choice for the launch of MNTE markets on a CEX.

Release of the Mintera App on Mainnet

We are thrilled to confirm that the mainnet release of the Mintera App is scheduled for early June.

We are in the final stages of completing our audit with a cybersecurity firm. We will release more information on the audit before the mainnet release.

This release will include the Green Mining Yield (GMY) product on mainnet, allowing users to stake their real MNTE. New investors who claim their MNTE from the upcoming token sale rounds will have the opportunity to stake them right away and earn rewards in USDT.

In addition to that release, we are already planning ahead and developing a V2 of the GMY smart contract. This new version will incorporate significant improvements and technical innovations that will enhance the functionality and user experience.

As part of our efforts, we plan to submit the V2 smart contract to the Ethereum Foundation, to contribute to the ecosystem by proposing these innovations as a potential new Ethereum standard. We believe this step can not only benefit Mintera but also contribute to the overall growth and advancement of the blockchain industry. We’ll share more details about this in a future article dedicated to technical development.

All in all, we are dedicated to providing a seamless and user-friendly experience with the Mintera App, and our team has been working diligently to ensure a robust and secure platform.

Stay Tuned for More Updates

We would like to express our gratitude to the Mintera community for your unwavering support and enthusiasm. We are committed to transparency, innovation, and delivering on our promises. As we progress along our roadmap, we will continue to share updates, milestones, and valuable opportunities with you.

Make sure to follow us on our social media channels and join our Discord community to stay up to date with the latest news and developments.