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Moeda banking-as-a-service relaunches digital token

Tuesday 18 July 2017 10:08 CET | News

Moeda, a banking-as-a-service cooperative network based on blockchain, has announced plans to relaunch its Moeda (MDA) digital token.

The relaunch is part of a strategy to broaden the network’s core lending-and-financial-education activities beyond serving women entrepreneurs. Moeda is accepting direct donations of Bitcoin and fiat currency for MDA tokens with assistance from Bitcoin Suisse, a regulated cryptocurrency financial broker, asset manager and service provider based in Zug, Switzerland.

According to a company statement, 10 million MDA tokens are held by the Swiss company and will be allocated for pre-sales, advisors and bounties. The remainder will be held in the Moeda Foundation for later use. A maximum total of 20 million tokens will be issued between the pre-sales, private and public ICO phases.

A private contribution phase starts July 17, 2017 with a public phase running from July 28 to August 28. Moeda has pledged to the Brazilian Central Bank, Brazilian tax authorities and regulatory bodies that it will maintain a transparent and compliant digital banking venture that will regularly provide information about its seed projects and other operations in the country.


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Keywords: Moeda, blockchain, Token, cryptocurrency, Brazil, MDA, Bitcoin Suisse, ICO, Latin America
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3






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