The numbers behind Merchant Token

Current phase
of 120
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Should phase 120 not be reached before June 30 2021, there will be a voting by the public token holders to extend the ICO or to burn the unsold tokens.

Max supply
MTO tokens
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The maximum amount of MTO tokens that will ever exist. It is analogous to the fully diluted shares in the stock market. This is burned in the contract and can never be changed.

Fully Diluted MC
Fully-diluted market cap
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The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. .

Current MTO price
$3.20 USD
per MTO token
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The MTO ICO will progress for 100 phases + 20 bonus phases. For each phase the token price will increase $0.01 - $0.1 and if the ICO is successful the price of one MTO will be at least $1.20 when listed on the exchanges.


Get detailed tokenomics and use cases in the Merchant Token documentation and white paper

Documentation  White paper

Meet the management team behind Merchant Token

John is our CEO and industry veteran. Over 20 years as entrepreneur in the payment industry and 7 years in crypto.
Emil, our financial officer with burning interest of business development! An enthusiastic leader for driving change to always reach our high targets.
Axel is overseeing the day-to-day administrative and operational functions of Hips. With a burning interest in customer care and success.

Token Distribution

Seed supporters7,000,000 MTO7%

10% unlocked after ICO

90% over 2 years

Private-sale participants2,000,000 MTO2%

25% unlocked after ICO

75% over 6 months

Team and advisors11,000,000 MTO11%

100% after 4 years from ICO

Strategic Partnerships9,000,000 MTO9%

Tokens are released over a period no less than 48 months.

Further details to be announced.

Strategic Ecosystem grant pool7,000,000 MTO7%

Tokens are released over a period no less than 48 months.

Further details to be announced.

Public-sale participants (ICO)64,000,000 MTO64%

Sold at $0.20 - $4.20

Tokens are locked until ICO ends

Unsold tokens will be burned


  • Launch of MPGQ4 2021
    The Merchant Payment Gateway and dispute central dApp goes live
  • Exchange listing19 August 2021 (preliminary)
    Global Exchange listing
  • Announcing partnershipLate July 2021
    Announcing the third big partnership
  • Exchange listing6 July 2021
    Listing on Uniswap
  • Launchpad ICO Ending30 June 2021
    Ending the Launchpad ICO funding
  • Announcing partnershipMay 2021
    Announcing the second big partnership
  • Announcing partnershipApril 2021
    Announcing the first big partnership
  • Launchpad ICO Start1 April 2021
    Launchpad ICO Start
  • MasterCard Pay360 Conference16 - 19 March 2021
    Announced the Hips Merchant Blockchain and Hips Merchant Protocol
  • Merchant Protocol ContractNovember 2020
    The first Merchant Protocol Contract was live in the Ethereum blockchain
  • Project LaunchedJune 2020
    The Merchant Protocol Project was privatly Launched by Hips Payment Group