Menlo One is an open-source framework for making Dapps (Decentralized Applications). It provides the users with a set of tools and protocols to assist them in creating and developing Dapps. At Menlo One, developers are able to build Web 3.0 generation of marketplaces, social media platforms, DAOs, financial products, and other Dapps variants.
The ONE token is an Ethereum-based (ERC-20) cryptocurrency. It is a utility token that can serve the users when paying nodes for data availability, others users attention, and/or comments and reviews.
Menlo One ICO began on September 17, 2018. The ICO token supply represents 35% of the total token supply, so there is a total of 350,000,000 ONE tokens available, for 0.000083 ETH each. The ICO funding cap is 15,000,000 USD and is expected to end on October 15, 2018 or when the funding cap is reached. Any unsold/remaining tokens will be burned.
Token Reserve Split (65%):