Mambocoin ICO interview

Name and position of the person responding: Emin Garayev, CEO
ICO website: http://mb24.io/
Whitepaper URL: http://mb24.io/#white-paper
Restricted countries:
Resident or taxresident of the United States of America (hereinafter referred to as the “U.S.” or U.S. Person under definition of Rule 902 of the U.S. Securities Act of 1933), People’s Republic of China (hereinafter referred to as “PRC”)
Soft cap (USD): 1.900.000
Hard cap (USD): 33.000.000
Token Sale start date: October 10, 2018
Token Sale end date: December 21, 2018

Describe your ICO project in one paragraph: Today, Mambo24 is one of top ten largest online marketplaces in Russia due to the number of goods and services on the same platform, has over 10,000 regular customers, over 500 partners selling consumer products, more than 300 restaurants from 20 Russian cities, and air tickets to all destinations from 300 world airlines.

How is your project different than other ICOs announced recently? The project Mambo24, a successful and progressive business. We are operating in 2 countries and going to launch Mambo24 in other countries, in the same time developing new technologies such as p2p logistics, etc.

Is your token a utility token? What is its utility? Yes, it is a utility token. You can buy consumer goods and services with mambocoin in our marketplace in the countries of presence.

Does your ICO currently have partnerships or strategic relationships with other companies or organizations? Yes we have already agreement with more than 600 partners all over Russia which are ready to accept Mambocoins as payment option.

How do you plan to use the funds in developing the project? (Ex. 40% R&D, 20 marketing, 40% pizza) 60% – for project development in Russia and project launch in Turkey, India, Indonesia. 35% – technical development of the project. 5% – other expenses.

 

Disclaimer: for the ICO section we have developed a short Q&A with ICO representatives. All answers are presented exactly as offered. The content of the answers is not altered in any way and is the sole responsibility of the ICO representatives. At the end of the interview, you will find a rating that is given by our team, taking into consideration different factors. We consider projects rated above 8 as good projects, however we strongly advise you do your own research, as our website does not contain financial advice.