Discussing Africahead's over the counter ICO of Africahead Ipparts (AFA) Erc20 Ethereum token, and other matters if there's time.
Moiom (MIM) Erc20 Ethereum Token
Apart from Africahead's brand token, called Africahead Ipparts (AFA), Africahead started issuing a utility token, called Moiom (MIM), recently. The idea for MIM is to develop into a "universal" token, used by developers of any website, using Erc20 Ethereum infrastructure. The Ethereum network has already, made possible, payments for goods and services with Erc20 tokens. MIM can also be used on the hardware, which makes provision for Erc20 tokens.
Africahead is not a developer of websites and DApps. Africahead's role in issuing MIM, is that of a financial corporation, making liquidity available, for wealth creation. The more developers and consumers use MIM, the better. Africahead does not commit itself to a specific way of issuing MIM. Intequinism, the foundation of Africahead, currently, does not approve of interest. If users think interest is relevant they should discount it into the price of MIM. Currently 100'000'000'000 MIM tokens are for sale, only at https://tokenjar.io/MIM, for an initial price of 0.000'000'01 ETH/MIM. The next issue price of Africahead could be 0.000'000'02 ETH/MIM, depending on the market and other circumstances.
Trezor hardware wallets support Africahead Ipparts (AFA) brand tokens.
AFRICAHEAD SPECIAL DEAL ABOUT MOYOM (MYM) utility token of Ipparts Exchange (IPPAEX).
https://africahead.github.io/Africahead/Moyom.html
If you are interested Africahead has the following deal on offer. (1) Buy 40 million MYM on the Ethereum blockchain at LedgerDex and Sushiswap and Uniswap where the cheapest offers to sell are currently. An offer on LedgerDex at 0.000'000'05 ETH/1MYM, will end 30 June and will probably not be renewed because it was donated to a KhoiSan who will probably not renew the offer. I helped him to place the offer.
After that, transfer the 40 million MYM to Binance Smart Chain, and add it to the Pancakeswap Liquidity Pool with ETH. I will then send you another 40 million MYM on BSC.
Total investment to buy 80 mil MYM will be around:
10 mil MYM on LedgerDex = 0.5 ETH. 10 mil MYM at Sushiswap = roughly about 0.5 ETH. 20 mil MYM at LedgerDex = 2 ETH. Gas Costs estimate on Ethereum = 0.005 ETH?. Total investment to buy and transfer 40 mil MYM to BSC = roughly 3.005 ETH.
Then adding 40 mil MYM plus 4 ETH to Pancakeswap Liquidity Pool.
Your total holding will be
(1) in the Liquidity Pool: 4 ETH + 40 mil MYM.
(2) in your wallet(s) on BSC: 40 mil MYM i will send to you.
If more than one investor complete the 40 mil offer, total gas costs will be higher.
FON (fonetones) BRAND TOKENS
Just bought 1 FON with 160'000 Moyom (MYM) at app.ledgerdex.com in a test transaction. It worked fine.
Hello
The main changes are the brand tokens of Ipparts Exchange (IPPAEX) can now only be purchased with Moyom (MYM) on app.ledgerdex.com. All liquidity pools on Uniswap and Sushiswap have been closed. Africahead raised no capital with liquidity pools and the amount of tokens sold thus far have been insignificant; less than 200 USD value. It was decided to not airdrop anymore tokens because airdropped tokens can be dumped, once tokens become liquid. After new minting of MYM, the number of previously airdropped tokens are insignificant. Total minted MYM are now 1 quadrillion MYM and 400 trillion MYM are being issued on app.ledgerdex.com to raise capital to build a KYC Exchange, because of crypto theft, which has become too problematic. Issue price of 1 MYM = 0.000'000'25 USDC. 1 USDC = 4 million MYM.
Africahead Ipparts (AFA) and Kaeuoi (KAE) are two brand tokens of IPPAEX on coinpaprika.com.
Outdated information on Coinpaprika platform is that the tokens of IPPAEX continue to be issued. The projects do not close. Strictly thus the term ICO is not correct with the usual definition of ICO with an opening and closing date.
White Paper for MYM.
https://africahead.github.io/Africahead/Moiom_files/MoyomWhitePaper2-signed.pdf
Previously MYM used AFA's White Paper.
Sincerely
Marquard Pienaar, B.Rek (Hon), M.Phil (Philosophy)
Owner/Founder of Moiom CC t/a Africahead
Tel: +27(0)824477125
HOW TO BUY MOYOM (MYM) UTILITY TOKEN AND IPPAEX BRAND TOKENS.
Refer to the photos below. Buying Moyom (MYM) utility token with USDC on the Ethereum blockchain and app.ledgerdex.com, using imToken wallet. The current 4 brand tokens can be bought the same way with MYM.
Sign in to app.ledgerdex.com with any Ethereum account. No need to open an account.
Confirm.
Add tracked tokens.
After adding Moyom (MYM) and USDC and setting allowance to use USDC, click on MYM to go to the MYM/USDC exchange counters. Add the MYM/USDC pair. Click on the MYM/USDC pair to go to its counter, where sell orders can be formed and filled. Click on "FILL USDC".
Fill the order. The MYM will be transferred directly into your Ethereum address and USDC will be transferred from your address to Ipparts Exchange: Deployer 2.
The MYM in your wallet can then be used in the same way, if you want, to buy Africahead Ipparts (AFA), Divided Party (DiP), Kaeuoi (KAE) or fonetones (FON) brand tokens.
MOYOM (MYM) UTILITY TOKEN
Got the logo of the Moyom (MYM) utility token of Ippaex in the imToken multicurrency wallet. imToken wallet can be downloaded from the Google Playstore at: https://play.google.com/store/apps/details?id=im.token.app
IMTOKEN WALLET
The information section about Moyom (MYM) utility token in the imToken wallet is neat. imToken wallet impresses more by the day with its simplicity and effectivity.
VALUE OF MOYOM
Moyom (MYM) is the utility token of Ipparts Exchange (IPPAEX). The utility of MYM, thus primarily, is buying of brand tokens. Buying of brand tokens, supplies capital to brandowners to maximise their brands' values.
What is the value of MYM? Utility tokens are primarily evaluated by looking at the market capitalisation of the tokens. The supply and demand theory, and the quantity theory of money can give indications of value. With automated market makers (AMMs) the influence of the supply and demand theory, at cryptocurrency, has been nullified at many tokens. MYM however does not make use of AMMs (except currently pooling MYM with brand tokens on Binance Smart Chain), therefore the supply/demand theory is relevant at USDC/MYM. Currently MYM is not trading because demand has not manifested yet. Currently 500 trillion MYM is for sale on https://app.ledgerdex.com for 125 million USDC. It is equal to a price of 4 million MYM for 1 USDC or 0.000'000'25 USDC for 1 MYM. The 125 million USDC will be used to expand IPPAEX, primarily with a centralised exchange.
The total possible 1 quadrillion MYM have been minted, but the circulating MYM must be used to calculate the market capitalisation of MYM. The current market cap of MYM as valued at the current issue price, is 125 million USDC, which gives the current issue price of 0.000'000'25 USDC . Is that a fair value? It is a fair value considering the quantity theory of money. According to the quantity theory of money, the value of a currency can be estimated by dividing the circulating supply into the value, which can-be/will-be purchased with it. The total value of 4 brand tokens (AFA, FON, DiP and KAE), which can currently be bought with MYM is not 125 million USD, but when considering the possible future value of listed brand tokens on IPPAEX the current issue value is reasonable. How quickly will the total market cap of listed brand tokens on IPPAEX, exceed 125 million USD?
The non Africahead owners of MYM will be funders for new brand development, if they buy brand tokens, and 500 trillion MYM, not in circulation, held by Africahead, will be put into circulation by buying brand tokens, when MYM is liquid. The quantity theory value of MYM will then be estimated as the total value of brands listed on IPPAEX divided by the total MYM circulating. The circulating MYM will be the 500 trillion currently being issued, plus MYM used by Africahead to buy brand tokens listed by others.