ICO short overview
TokenCard (TKN)
ETH (ERC20)
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TokenCard ICO summary information

Conceptual Model

TokenCard is a depositless Ethereum token-based debit card & platform.TKN is a special kind of Ethereum token. It is an asset backed token where the underlying assets represent an accumulation of different ERC20 tokens over time. The underlying assets are secured inside the TKN Asset Contract from which TKN holders can redeem their pro-rata share from.

Project Description

Monolith Studio’s TokenCard is a platform to hold your ERC20 tokens, as well as spend them using a visa debit card. The ICO raised $12.7 Million using a variety of Ethereum based tokens as funding. The initial rate was 150 TKN per ETH which dropped by 10 TKN for every $750,000 that was raised. To a minimum rate of 100 TKN/ETH. The token reserve is as follows, 20% goes to 18 month smart contract split evenly between founders and Monolith Studio, 15% available to Monolith which can be sold, 5% for advisors.The funding from the ICO will be spent with the following distribution:Core Development 30%Operational 25%Marketing 40%Legal and compliance 5% 

Founders and Associates

Mel Gelderman -Project Leader

David Hoggard -Partnerships and Finance

Peter Vessenes -Technology

Abib Bocresion -Business and Finance

Andreas Glarner -Legal Expert

Dennis Peterson -Senior Solidity Engineer

Paige Freeman -Sales and Marketing

JC Figueroa -Director of Operations

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*Disclaimer: This data should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency/cryptotoken or ICO.
TKN Latest Updates
May 02, 2018

The age of the Consumer Contract Wallet

Today the Token team shows you what the future holds.https://medium.com/media/77e9281b77e7fda1535b3e92279dc196/hrefThe world we are building towards will see users own assets of all classes from the tangible to the intangible. These assets will manifest themselves in the form of various token...

From: TokenCard

April 26, 2018

April 2018 Newsletter

Hello everybody! It’s me, Dan! I am the Community and Video supervisor at Token.I hope you are having a good April so far. We’ve been really busy in the office this past month so I hope you enjoy this newsletter.RedditWe made a splash on the /r/Ethereum subreddit yesterday. The video...

From: TokenCard

February 23, 2018

February 2018 update

David and I catching a breath at the end of another long week. Things are well.Hello everybody, welcome to our monthly newsletter and happy February! We are one or two days later than normal but we have our reasons… from here on out we’re expanding our newsletter by also giving our take on...

From: TokenCard

January 05, 2018

Our new issuer.

Greetings all,The vision for TokenCard has always been to marry the power of the Ethereum network with the global reach of the payments networks. This coupling unleashes onto the world a product of unparalleled financial access and control: from the (newly?) wealthy to those looking to regain...

From: TokenCard

December 27, 2017

December end of year update

Merry Christmas all from the Token team and a huge thank you to our community for the continued support. As always, the ride has been a rollercoaster. Ups, downs! And every once in a while a loop-de-loop. We know it’s not been easy. For our December update, we’ll recap the challenges we’ve...

From: TokenCard

December 07, 2017

Update on Bittrex delisting

To all TKN holders,As you know, Bittrex have announced the delisting of TKN from their platform effective 8th of December. We have been working with their team around the clock to find a way to postpone this whilst we gather the documentation they requested from US lawyers.As of 3pm GMT, we...

From: TokenCard

November 24, 2017

November community update

A busy month on and it is time for another update from the Token team. To kick off, we hope all our readers in the US had a wonderful Thanksgiving. And if Black Friday sales are bit too much for you, there’s plenty of updates to keep you entertained in our latest post.Card design...

From: TokenCard

October 24, 2017

TokenCard October community update

Here is a round up of what we’ve been up to since our last update.WEBSITE LAUNCHA few of weeks ago, we launched a new website with a completely new design and a new story to tell. With the crowd sale behind us it was time for a refresh as we now want to present our product to the world and...

From: TokenCard

September 18, 2017

TokenCard September 18th Community Update

Meetup & AMA detailsGreetings from TokenCard HQ in London. We would like to start by saying thanks to the community for their continued support. tknfan, a community member, visited us a couple of weeks ago for what was a great interaction and we remain excited about meeting others from the...

From: TokenCard

June 30, 2017

Seattle Progress

TokenCard Update #005This week we’re going to focus more on the technical side of things. Although we’ve announced in the past that our MVP release would be late September or October, our technical development team over at New Alchemy has circled October 2nd as the date we can go live. Our...

From: TokenCard

June 20, 2017

Community Progress Report

TokenCard update #004A month and a half has passed since the TKN Creation Event. We are well on our way to delivering on our first major milestone; the TokenCard MVP. As the thought leaders in our domain we are happy to say we continue to break new ground every day.I want to reiterate again...

From: TokenCard

June 10, 2017

Bancor: the TokenCard perspective.

Breaking new ground.It’s not often that you see a project enter the space and offer a solution so fundamental that it changes your entire perspective on something. Bancor is one of those projects.We first heard about Bancor very early in their public release cycle, two of our core-devs had...

From: TokenCard

May 24, 2017

WaveCrest partnership announcement

TokenCard update #002; get strapped in.We are thrilled to formally announce our partnership with WaveCrest, and the role they play as the licensed issuer for TokenCards. WaveCrest is considered one of the most innovative financial institutions in the world, and it is with their brilliant tech...

From: TokenCard

May 22, 2017

TokenCard MVP distribution (who’s in?).

TokenCard update #003; MVP list creation procedure.UPDATE: snapshot can be found here.For good reason we have decided to handle the distribution of MVP cards slightly differently than originally planned. We have come up with the following procedure to decide who will be able to get an...

From: TokenCard

May 08, 2017

TokenCard, TKN, Bittrex and the future

TokenCard update #001; the path ahead.Contribution EventWe want to extend out thanks to all those that contributed in the TKN Creation Event. We raised a staggering 12.5mm in ETH and 3mm in other tokens, all in the span of minutes.We are now exactly one week on and, having squashed some nasty...

From: TokenCard

May 06, 2017

TKN live now

So it’s been a rough few days trying to get TKN ready and sorted after a server-side bug amused some trouble in the original deployment.We’ve been working with a skilled third party auditing team. The plan was to independently come to the same total TKN amount issued, cross-reference, and...

From: TokenCard