Monkey is delighted to be supporting the ICO of Golden Fleece! We have negotiated a deal with the guys at Golden Fleece to enable the tokens that are sitting on Waves DEX to be employed exclusively for sale against COEVAL (COE) for more than a 1000% gain! For more, see the document here and the xls here. A copy of both is printed below, too. Note: Golden Fleece is Green Ticked by Waves and trades using: D6hYNYUSxsLtvkUJ4Mxp6s7mT4WACbwJSsVGCQKxkSfH while COEVAL (COE) can be found using: 7iuKMcC6TKnwipSMZFRTQNh5kwpEU2F8h8wB569qhekf
What are Golden Fleece ICO Options and Golden Fleece Ethereum Tokens?
Golden Fleece ICO Options (GFICOOs) are options to purchase Golden Fleece Ethereum ICO tokens (GFETs) in the form of Waves tokens that are put up for sale on Waves DEX against the currency pair COEVAL. GFETs are a Child Token of Monkey Ventures (MVS), a forthcoming Ethereum-based Parent token issued by Monkey.
How do Golden Fleece Options make me money?
All Ethereum tokens sold by Golden Fleece take place during the ICO period at 80 cents each.
In the first instance, 1m tokens must be sold by Golden Fleece in order for 125,000 options to be convertible into 1.1m GFETs at $0.8 each. Therefore, for a purchase price of 500 COE ($31,000 at current market price), $440,000 of Ethereum tokens are purchasable with the first 125,000 GFICOOs.
In the second instance, 2.2m GFETs must be sold at $0.8, at which point an additional 125,000 GFICOOs with a gross purchase value of around $62,000 in COE will be eligible to purchase 2.64m GFETs.
In the third instance, 2.6m GFETs must be sold at $0.8, at which point an additional 125,000 GFICOOs with a gross purchase value of around $125,000 in COE will be eligible to purchase 3.432m of GFETs.
Finally, 4000 COE may purchase 125,000 GFICOOs, which, in the event an additional $2.4m of GFETs are sold, will yield 4.34, GFETs. In summary, a potential investment of around $450,000 could yield a $9.5m gross gain once GFICOOs are converted to GFETs.