Mt Pelerin
Swiss Blockchain Banking. At Mt Pelerin, we believe that an evolution of banking is long overdue. With the global enthusiasm for FinTech and the ever growing success of blockchain technologies, we now have all the right tools to make this evolution happen. We ambition to design a fully regulated and compliant bank on blockchain in Geneva, Switzerland. Our key concept is the tokenization of the entire balance sheet of the bank, making the use of smart contracts on any asset possible. Implemented around a modular and open platform, comprehensive banking services will be delivered as marketplaces where the trade of tokenized assets will be possible with unprecedented liquidity, transparency and efficiency. This will also let us heavily reduce operational costs compared to traditional banks, while radically democratizing the access to assets and investment opportunities. Being open to services from other financial institutions in order to bring more choice to our customers and a healthier competition, our marketplaces will be the bridge we have envisioned. Our business model is also designed to keep 100% of our clients’ current accounts in reserve, acting as a custodian bank, in a fully transparent manner. In this way, they will know that their assets are safe with us and not leveraged for our profit. Instead, revenue will be driven from value-adding and innovative services offered on our marketplaces.
START PRE-ICO
23.10.18
FINISH PRE-ICO
26.10.18
START ICO
30.10.18
FINISH ICO
15.12.18
I've invested at Mt Pelerin and feel scam here now

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ICO
Date Pre-iCO
23.10.18 / 26.10.18
Date iCO
30.10.18 / 15.12.18
Project symbol
MPS
Country
Switzerland
Link to White Paper
ICO token price
5.000000 USD
Hard cap
2 500 000 USD
Category
Banking
Accepting
ETH
BTC
Fiat
Restrictions in accepting investments from investors of the following jurisdictions
Afghanistan
China
Korea
Laos
Vanuatu
USA
Bonuses and discounts
None
SCROLL
THE STRIP

Mission Mt Pelerin wants to be the bank of the future, one entirely built on chain to simplify and democratize complex financial services with fairness, transparency and service excellence as core values. Overview Mt Pelerin wants to create a blockchain-based modular platform with a tokenization system that aims to bring the entire bank’s balance sheet on chain. With an open approach that would allow external banking and financial organizations to be included, the goal of this platform will be to leverage tokenization to democratize investment opportunities to the public while heavily rationalizing the traditional cost structure of those financial services. It would also be a bridge between traditional and crypto assets, accelerating the global attractiveness of the platform 100% Deposit Reserve Money deposited on Mt Pelerin’s current accounts will be kept in full in highly liquid reserve, with the state of the total reserve being public and reported in real time on chain. Unlike other banks, we will not reinvest our customers’ deposits in risky assets for our own profit. Marketplace Approach With deposits being kept safely in reserve, Mt Pelerin will not offer banking services itself but rather strive to provide marketplaces with the necessary compliance and technological facilitation built-in. Integrated in an e-banking portal, the goal of these marketplaces will be to connect customers and third party providers and let them freely offer and request services (currency exchange, loans, etc.) at the conditions they choose. Mt Pelerin would act as a market maker through bots populating the marketplace, passing the risk back-to-back to brokers, banks, credit and other financial institutions. Tokenization of the Bank At Mt Pelerin, our ambition is to tokenize assets (loans, for instance) and liabilities (deposits), i.e. issue them on Ethereum blockchain (at launch) as ERC20 compatible tokens, creating an ecosystem where smart contracts could be applied. With this approach, we want to bring an unprecedented level of liquidity and convenience to the trade of banking and financial instruments, resulting in disruption of the status quo. This would also create an effective bridge between crypto assets and classical finance. Modular and Open Banking Platform Our marketplaces will be built as an open platform providing core services, on top of which micro-services will be added as independent API based software bricks. We will be able to connect the services of third parties to our bricks, and even add their own complementary bricks to our platform. With our inclusive approach, we will create an open banking tech environment that will benefit all participants. Revenue Model As we want to exclude revenue driven from on-balance sheet credit, our business model will include fees and commissions taken on services and transactions taking place on our marketplaces. These fees will be significantly smaller than those of traditional banks, thanks to the highly digitalized and automated approach we will take throughout our entire system. Therefore, we will strongly mitigate or avoid many costs usually seen in banks, and we will significantly reduce the power and influence of typical intermediaries by repositioning them as liquidity providers, acting as cost-cutting broker. While the resulting lower pricing would attract customers for some of our services, the unprecedented access to services that were the preserve of private banks and investment bankers would also be a major volume driver. Regulation We will strive to become the first blockchain-based bank to be established and completely regulated in a country renowned for the stability and excellence of its financial and legal environment, but also for its open mindedness about blockchain and cryptocurrencies: Switzerland. We are working towards obtaining relevant licenses (notably banking and security dealer licenses) from Switzerland’s financial regulator (FINMA), and we are preparing the regulatory compliance of our services, structure and funding proposal. For this critical regulatory part, we are working together with some of Switzerland’s best business lawyers and banking specialists. With this upstream preparation, we want our investors to have as much confidence as possible that the funds invested in our project will go toward its implementation and not into the resolution of regulatory conflicts that would come from insufficient planning Multi-IBAN Account We will design accounts with a master IBAN and up to 30+2 dedicated IBANs corresponding to 30 fiat currencies and later on Bitcoin and Ether. Money transfers would be done via legacy route (SWIFT, SEPA, ACH), and tokenized fiat currencies could be sent to whitelisted crypto wallets. Multi-Currency Debit Card Clients will be able to make international withdrawals and payments with our debit card connected to our currency exchange and capable of on-the-spot conversion with the lowest fees and a high level of control.

TEAM
Arnaud Salomon
Founder & CEO
Cyril Lapinte
CTO
Eric Berling
CFO
Jingyao Jin
COO
Reynald Besson
VP Legal and Compliance
Sébastien Krafft
VP Engineering
Yann Gerardi
VP Marketing
Laurent Aapro
VP Security and Blockchain
David Llobet-Calaf
VP Trade Finance
Yannick Zehnder
Marketing Advisor
Dan Quinton
Community Manager
Azusa Kato Kozma
Community Manager
ADVISORS
Kuno Kennel
Chairman of the Board of Directors of the Schwyzer Kantonalbank
Jürg Conzett
Founder & Head of the Zürich MoneyMuseum, Founder of the Sunflower Foundation
Michael Stumm
Professor at University of Toronto, Co-Founder & Former President of Oanda
Marc Bettinger
Director at Forctis.io, Altcoin veteran
Alexandre Kozma
Vice-President Senior Bonds Portofolio Manager at Banque Pictet & Cie
Paul Wang
Cybersecurity Advocate
I've invested at Mt Pelerin and feel scam here now

If you suspect fraud, it is better to bring it to the attention of the law enforcement authorities. With ICO frauds, every day counts because fraudsters can sweep up the evidence.

Feel free to contact us:
We will help you to find the data about fraud (rate $ 30 per hour). In the future, you can submit this report and the case to any competent lawyer. An example of a research report is available here.

Consult us free of charge about collecting debts from an ICO project bubnov@forensictokenlab.com or via telegram @ICO_Forensic_NOW
We also collect facts about the withdrawal of crypto active assets from the project. If you have any information available about a cryptocurrency, please, send it to us for analysis.