Initial Coin Offering

The Initial Coin Offering (ICO) of RanchiMall was launched in 2017. We envisioned to sell 21 million tokens in 14 phases over three years. However we paused the ICO after two phases were executed selling 100000 tokens. Unanticipated Risks emerged due to rapid price increase of our tokens in trading in our own custom exchange.
The ICO will resume after de-risking process is complete.

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Please refer to the whitepaper here for detailed terms. RanchiMall Initial Coin Offering (ICO) abides by the terms we offered in our ICO whitepaper available at link above. We have made certain changes in our terms as our learning has improved. All these changes are to support the interests of our long term investors.

Summary of changes over white paper

  1. RanchiMall Tokens (RMT) now own the financial gains emerging from all our blockchain contracts

  2. RanchiMall FZE has been withdrawn as an asset in view of high holding costs

  3. Number of phase have been paused at 2 instead of 14 as initially envisioned

  4. Number of RMTs tokens in circulation has been paused to 10000 instead of a release schedule of 21 million in 3 years. The un-issued tokens will stay vested with the Founder of RanchiMall.

  5. The price discovery during active phase has been USD 1500 per token giving RMTs in circulation a valuation of 150 million USD. Unless this price is realized in open markets on sustainable basis, new tokens will not be put in circulation.

Currently we are not selling any RanchiMall Tokens (RMT).
You can buy tokens at our last valuation in our exchange to become a token holder and be part of our community,s learning process. Our products are aimed at long term investors.
Once you become a token holder, please be patient and be prepared to stay the whole course of journey. You will not regret it.