MCAP is a mining and ICO token launched by BitcoinGrowthFund (BGF) which is a Blockchain based Venture Capital Fund. BGF is a kick-starter where customers can own equity in the form of tokens in various investment opportunities.
BGF launched the sale of MCAP tokens on the 27th of April and took the Blockchain world by surprise by raising over $4 million in 10 days. The sale of MCAP tokens will end when we reach the sale cap or when the number of tokens released is exhausted. MCAP will be available to the public for trading on various platforms in the coming month.
The Blockchain community is showing a keen interest in our token sale and many members have been kind enough to offer their support and invest in our MCAP tokens.
As the public is slowly becoming more aware about the cryptocurrencies circulating in the market, more people have started investing in coins such as Bitcoin, Ether, Litecoin etc.
In the recent months, the price of Bitcoin has gone from $954 to a little over $1500 and predictions are that by the end of 2017, Bitcoin will see an increase of nearly 150% of its price in March ’17. Similarly, other cryptocurrencies such as Ether, Litecoin, Zcash etc. have also witnessed an exponential increase in their price.
We at Bitcoin Growth Fund have realised the potential profits which can be generated from mining and have developed an algorithm to calculate which cryptocurrency would be most profitable to mine at any given moment based on various parameters.
Initial Coin Offering (ICO) is the latest development in the market to raise funds for projects where companies raise money through tokens to invest in other avenues.
According to the recent article published in Forbes by Roger Aitken, the boom in cryptocurrencies by the end of 2017 will outpace bitcoin by a wide margin and their mining will yield substantial returns.
With MCAP tokens, our aim is to enable the average user to be able to earn huge returns in the long run by investing in one single coin rather than investing in multiple cryptocurrencies and hoping for their price to increase.
With the money raised through the sale of our MCAP tokens, BGF will invest in the mining of Bitcoin & other alt-coins along with investing in other ICOs. With the growing market cap and gradually increasing trading volumes of cryptocurrencies, our development team at BGF has developed algorithms to help us decide which alt-coin to mine at any time to get maximum profits.
Once released onto several trading platforms, supply and demand will be the only factors affecting the price of MCAP tokens. Our token is the best possible long term investment for customers as the MCAP tokens will surely yield huge returns and we hope to see the price of each of our tokens increase to $70 once the users start buying and selling MCAP tokens.
BGF is offering lucrative discounts to the early buyers of MCAP tokens. Kindly refer to the website link for more details.
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.
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