In the ever-evolving landscape of cryptocurrency and blockchain, Mt Pelerin emerges as a beacon of innovation and security. This regulated Swiss company is not just another entity in the crypto-fiat gateway and brokerage sector; it offers unparalleled services encompassing a non-custodial mobile wallet and sophisticated asset tokenization. At the heart of Mt Pelerin's ecosystem lies the Mt Pelerin Shares (MPS) token, a groundbreaking financial instrument that democratizes ownership and voting rights. With its unique proposition to address the illiquidity of traditional startup shares, the MPS token stands as a testament to how blockchain can revolutionize investment dynamics. Join us as we explore the unique features and intrinsic value Mt Pelerin Shares bring to the table.
What is Mt Pelerin?
Mt Pelerin is a regulated Swiss company providing crypto-fiat gateway and brokerage services, a non-custodial mobile wallet, and asset tokenization services. The company is committed to bridging the gap between traditional finance and the burgeoning world of digital assets, ensuring a seamless and secure experience for its users.
The Mt Pelerin Shares (MPS) Token
Purpose and Utility
The Mt Pelerin Shares (MPS) token serves a multifaceted purpose within the ecosystem of the Mt Pelerin company. The token is designed to provide ownership and voting rights to token holders, allowing them to become shareholders in the company. This is achieved by tokenizing the company's equity, where each token represents a share in the company, providing the same level of protection conferred by Swiss law, notably voting and dividend rights.
The main problem the token aims to solve is the illiquidity of traditional startup shares, where investors are typically locked in their investment for a long time, usually until the startup's exit. With tokenized shares, the blockchain becomes a natural secondary market where they can be easily traded in any quantity to a wide range of buyers. This enables investors to buy and sell almost instantaneously shares of a company without needing it to be listed on a traditional stock exchange, which is out of reach for most.
Functionality and Value
The MPS token functions as a share of the company, providing ownership rights and benefits to its holders. Each MPS token provides one vote in shareholder meetings, allowing token holders to participate in the decision-making process of the company. Additionally, MPS token holders are entitled to receive dividends, which are decided annually during the shareholders meeting.
The MPS token also offers practical benefits to users. It provides a reduction in fees for Mt Pelerin's crypto-fiat exchange service and an increase in the volume of transactions that can be done for free. For example, each MPS token held by a user gives them a reduction of 0.004% on fees, up to a maximum of -0.4%, and adds CHF100 of free volume for transactions, up to a maximum of 50,000.
Furthermore, MPS tokens can be transferred without restrictions and can be bought and sold on decentralized exchange platforms. This allows users to easily trade their MPS tokens and benefit from the token's value.
Unique Features and Benefits
The MPS token is unique in that it is an actual share of the company, not a derivative or a collateral-backed token, and as a result, shareholder rights are directly guaranteed and protected by Swiss law.
The MPS token provides several benefits and features that set it apart from other tokens. Firstly, it allows for fractional ownership, enabling a wider range of investors to participate in the company's growth. Secondly, it enables seamless and secure transfer of ownership through the blockchain, reducing the need for intermediaries and streamlining the process. Thirdly, it provides access to the company's ecosystem, including its crypto-fiat gateway and brokerage services, non-custodial mobile wallet, and asset tokenization services.
Furthermore, the MPS token offers unique utility in the form of discounts on the company's crypto-fiat exchange service fees and increased free transaction volumes, making it a valuable asset for active users of the company's services. Additionally, MPS token holders can participate in the company's digital shareholders meetings and vote on agenda items from their phones, further enhancing their engagement and ownership experience.
Tokenomics and Distribution Model
Total Token Supply
The total token supply of MPS is 10,000,000. However, the number of tokens in circulation and any maximum supply cap is not explicitly stated.
Distribution Model
The MPS token distribution model is not explicitly stated in the provided sources, but it is mentioned that Mt Pelerin Shares (MPS) is a regulated Swiss company providing crypto-fiat gateway and brokerage services, a non-custodial mobile wallet, and asset tokenization services. The distribution of MPS tokens among stakeholders is not specified, but it is likely that the token distribution includes allocations for the team, investors, and community.
Vesting Periods, Lock-Ups, and Release Schedules
The specific details regarding vesting periods, lock-ups, and release schedules for tokens held by various parties are not provided in the search results. However, these concepts are crucial in ensuring a balanced and fair distribution of tokens, preventing market manipulation, and ensuring long-term commitment from the team and early investors.
Inflation Control Mechanisms
The search results do not provide specific information on mechanisms in place to control inflation, such as token burning or staking rewards. It is recommended to check the official Mt Pelerin Shares website or contact the company directly for more detailed information on their tokenomics and inflation control mechanisms.
The Team Behind Mt Pelerin Shares
Core Team Members
The team behind Mt Pelerin Shares (MPS) is a group of entrepreneurs with expertise in cryptocurrencies, digital compliance, and asset tokenization. Here are the core team members:
- Founder & CEO: A seasoned entrepreneur with experience in the blockchain industry. He is a former Senior Vice President at Red Hat, a leading provider of open-source software solutions.
- COO & CCO: A financial industry professional with experience in compliance and operations. She has held senior positions at Barclays Private Bank and Crédit Suisse Investment Bank.
- Mt Pelerin board member, Altarius founder & CEO: A financial industry veteran with experience in asset management and investment banking. He is also the founder of Altarius, a Swiss asset management firm.
- Founder of JBoss, ex-Senior Vice President at Red Hat: A technology entrepreneur with experience in open-source software development. He is also a former Vice President at IBM.
- Managing partner at Swiss Financiers, founder of Sequoia Group and advisor at GenTwo: A financial industry professional with experience in investment banking and asset management. He is also a founder of Sequoia Group, a Swiss investment banking firm.
Advisors, Partners, and Investors
Notable partners and investors include:
- EUROe: Mt Pelerin has partnered with EUROe to offer zero-fees on/off-ramp for the EUROe stablecoin, enabling users to manage their crypto positions in euros and access a future-proof stablecoin.
- Membrane Finance: Mt Pelerin has integrated Membrane Finance's EUROe, allowing individuals and companies to access the MiCA-compliant stablecoin.
Track Record and Execution Capability
The team's qualifications and experience
