MINDOL Price (MIN)

The project MINDOL aims to revitalize Japanese subculture across the globe by supporting content creation based on the Japanese theme for anime, cinema, manga, games and music. In order to do that, the team has developed an Ethereum-based platform where authors can monetize their works with the help of the native cryptocurrency token MINDOL. The authors of this Japan-based project rely on a survey conducted by the local Ministry of Economy. This survey revealed that the size of the Japanese content industry equals about 12 trillion yen, and this is only on the domestic market. The scale of the market spreading across the world is said to be ten times as big, and the MINDOL team aims to bring innovations into this industry. They develop a blockchain-based solution to help authors protect their copyright and make money on distributing their content. The MINDOL token will be circulating on the market place named eMINDOL where users will be able to post their content, vote for the content pieces that they like, send donations to authors, manage copyright and much more. MINDOL token holders will be able to actively participate in the life of the community by investing in their favorite idols and shop for commercials. The company was established in June 2018 and launched the IC...O in the following month with a total supply of 240 million tokens. The private sale lasted for one month, and the team has managed to raise 3.8 billion yen (~42 million USD) with the help of Japanese private investors. There was no public ICO. At the time of writing, the token is available for trading on Coinall, CoinTiger and a few other small exchanges. There is not much information available about the team standing behind MINDOL. The only person to reveal his face in public is the project’s CEO Fumihiro Fukuraha. Having worked in a few companies in Wakayama and Tokyo, he set up an incubation business in Tokyo in 2010. Over the past years, he has worked in such industries as renewable energy, construction, major beauty, fashion, and leading food groups, so he has quite diversified experience in multiple areas. He’s been the director of MINDOL ever since the project was launched.