The Mello Token is a cryptocurrency created by a small group of people who met each other while working on another cryptocurrency project. We do not have funding by any groups, we are paying for costs of development out of our own pockets. (we want to get across a grassroots sort of message early on in the white paper, so readers understand that we are a by the people for the people project)
We are mainly promoting the eventual casino. We are not encouraging people to “buy the token” as the mello token is NOT a security.
The Mello Token is a cryptocurrency built on Binance Smart Chain.
Binance Smart Chain facilitates fast transaction times with low fees, which is why we considered the Binance Smart Chain blockchain network the best place to build our token. The Mello Token was specifically designed to be intimately interoperable with an open-world virtual casino concept.
Some verbiage that we already like, which describes our goals and vision for the future:
The Mello development team has expertise, experience, and extensive knowledge in fields that include: business development, marketing, law, finance, as well as computer science. The team behind the Mello Token is transparent, diverse, and dynamic as we expand and strive for our future goals. Our team is unified by a passion for the growth of the Mello vision.
The Mello vision is of a luxurious, fully functioning virtual reality casino, wherein a plethora of fully immersive games can be played from the comfort of one's own home. This lofty vision includes the integration of the Mello Token into the casino gameplay.
Mello envisions a future where Virtual Reality (VR) is one of the centerpieces of day-to-day life. As the future prevalence of VR is inevitable, Mello intends to greatly accelerate the integration of Virtual Reality into the daily norm. Mello strives to disrupt the entertainment and finance industries by revolutionizing the casino experience. This VR casino concept will be designed to provide players globally with an immersive and entertaining experience while eliminating the need for one to leave their residence.
Mello will build the world’s first advanced Virtual Casino of its kind, designed specifically for intimate interoperability with the powerful and innovative Mello Token. The casino will be owned and managed under our legal entity which we intend to form in the early 2nd quarter of 2021.