Mit-Ra is a project of the UnitedHealth Group that is developing in the area of converting non-potable water into fresh water. The project team plans to launch water treatment in approximately 700 cities around the world that are experiencing water shortages. Also, users will be provided with Ai-Mit, software developed for analyzing and assessing the quality of purified water.
Business Model Overview Mit-Ra (MTA)
1. The validity of income
The project will receive revenue from the sale of fresh water, using its treatment facilities for cleaning. The project team plans to use renewable energy sources to increase profitability and reduce waste. Each investor with 10,000 MTA tokens on his account will receive income annually, based on 10% of the project’s annual profit.
2. Number of currencies accepted
The project accepts such liquid currencies as: BTC, ETH, LTC, BCC, DASH, USD (p. 25 White Paper).
3. Token emission
In the project there is a limited number of tokens. A total of 350 million MTA tokens will be released.
4. Discount on the purchase of tokens
Discount on the purchase of tokens is 50% (p. 24 White Paper).
In the technological map provided, the project objectives are indicated until the end of 2019 The distribution of tokens will occur as follows: 80% - “Conducting ICO”, 6% - “Bonuses and Marketing”, 6% - “Founders of the Project”, 8% - “Team and Project Founders” (p. 27 White Paper).
6. SOFT CAP / HARD CAP Ratio
The project has a poor SOFT CAP / HARD CAP ratio, which reduces its investment attractiveness. The values of SOFT CAP and HARD CAP are $ 1,000,000 and $ 20,00,000, respectively (p. 25 White Paper).
7. MVP availability
The project has developed MVP.
8. Risk assessment and insurance
There are no risk assessments according to international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of losing capital for investors.