The Mammoth token represents transactions that are recorded on a blockchain. It contains the number of user rewards stored to manage its details. They are tradable and transferable among various tokens on the blockchain.
Mammoth tokens may be used on the Mammoth platform toward services once we are live, exchanged for digital currency, or redeemed as rewards.
Yes. The SEC has defined rules surrounding token sales. Mammoth fully abides with all regulations surrounding the SEC and data management guidelines. Legal documents like SAFT agreements are generated for early sales, accepting only accredited investors.
Accomplishing our private sale targets will enable the advancement of the Mammoth token to list on an exchange which we expect to achieve in 2019.