Mt Pelerin Shares Logo
Mt Pelerin Shares MPS

Rank #2977

$ 3.94 +1.13%

Mt Pelerin Shares Price (MPS)

Mt Pelerin Shares to USD Price Chart

Mt Pelerin Shares Statistics

Market Rank #2977
Market Cap $ 2.0M
Volume 24h $ 283.9
Circ. Supply 0.5M
Total Supply 10.0M
Max Supply ?

What is the current price of Mt Pelerin Shares (MPS)?

As of the latest update, Mt Pelerin Shares (MPS) is priced at $ 3.94. It's important to note that cryptocurrency prices are highly volatile and can change rapidly within short periods.

What is Mt Pelerin Shares (MPS)?

Mt Pelerin Shares (MPS) represents a novel approach to company ownership and investment in the fintech sector. MPS tokens are effectively the digital representation of shares in Mt Pelerin Group SA, a company based in Switzerland that focuses on the burgeoning field of asset tokenization. Holding an MPS token is akin to owning a share in the company, complete with the rights typically associated with shareholders, including voting in company decisions and eligibility for dividends when distributed.

Who created Mt Pelerin Shares?

Mt Pelerin Shares were created by Mt Pelerin Group SA. While specific individuals behind the company's inception are not detailed here, it is known that the company operates out of Switzerland. It is a Swiss fintech firm that seeks to innovate within the financial sector through the adoption of blockchain technology for functions such as asset tokenization.

How does Mt Pelerin Shares work?

Mt Pelerin Shares work by using blockchain technology to tokenize real-world assets, namely the shares of Mt Pelerin Group SA. Each MPS token is backed by one actual share of the company; thus, token holders are granted the same rights as traditional shareholders. This includes participation in major corporate decisions via voting, as well as the potential to earn dividends. The use of blockchain technology brings additional transparency and efficiency to the process of buying, selling, and owning company shares.

What makes Mt Pelerin Shares unique?

What sets Mt Pelerin Shares apart is their fusion of traditional equity with blockchain technology. Unlike many other tokens which represent utility within a project's ecosystem or act as a store of value, MPS tokens correspond directly with physical shares in a fintech enterprise. This arrangement provides a degree of tangibility and legal grounding that many digital assets lack. It represents a bridge between the innovative world of cryptocurrencies and the established domain of corporate finance.

How are Mt Pelerin Shares distributed?

The distribution mechanism for Mt Pelerin Shares (MPS) is similar to that of traditional stock issuance. However, in this case, shares are issued as digital tokens on the blockchain. The specifics around their initial offering and how they are currently available for purchase may be found on the company’s website or directly through participating in exchanges that support MPS.

What rights do Mt Pelerin Shares token holders have?

Holders of Mt Pelerin Shares tokens possess direct ownership over Mt Pelerin Group SA shares, which affords them voting rights in the company's decision-making processes, as well as rights to receive dividends when they are distributed. This setup mirrors that of holding traditional shares, with the added technological advantage of blockchain transparency and efficiency.

How is the Mt Pelerin Shares network secured?

While the specifics of the security measures employed by Mt Pelerin Group SA are not detailed here, in general, the security of tokenized assets on a blockchain network typically involves cryptographic techniques. These ensure that transactions are secure and ownership records are immutable. Investors should research independent sources or the company's official communication for details on security practices.

What is the circulating and total supply of Mt Pelerin Shares?

The circulating supply of Mt Pelerin Shares is 0.5M, which correlates to the number of shares of the company that have currently been tokenized and are in the hands of investors. The total supply would naturally be the total number of shares the company has decided to tokenize, which is 10.0M.

Where can you buy Mt Pelerin Shares (MPS)?

Mt Pelerin Shares (MPS) can be purchased on the where the token is listed. Prospective buyers should ensure they are using reputable platforms and that they understand the processes involved in buying and storing cryptographic tokens.

How to keep your Mt Pelerin Shares safe?

Securing your Mt Pelerin Shares, like any cryptocurrency asset, involves due diligence. Token holders should use trusted wallets that provide robust security measures, engage in good safety practices like keeping private keys private, and consider the use of hardware wallets for large holdings. Always refer to security guidelines provided by experienced sources in the cryptocurrency industry.

Crypto Pro - Crypto Tracker

Try our Crypto Pro app

Live Prices, Widgets, Alerts, Portfolio, Apple Watch app