Moeda, an innovative banking-as-a-service cooperative network that aims to empower underbanked entrepreneurs through Blockchain technology, is pleased to announce plans to relaunch its Moeda (MDA) digital token.

Relaunching is part of a strategy to broaden Moeda’s core lending-and-financial-education activities beyond serving women entrepreneurs. The finance co-operative is also recalibrating its funding ceiling by pegging the value of the MDA tokens to the U.S. dollar, rather than to the Ethereum Blockchain’s ether (ETH) token, which has soared in value in recent months.

Moeda is accepting direct donations of Bitcoin and fiat currency for MDA tokens with assistance from Bitcoin Suisse AG, a regulated cryptocurrency financial broker, asset manager and service provider based in Zug, Switzerland. Nine million MDA tokens are held by the Swiss company and will be allocated for pre-sales, advisors and bounties. The remainder will be held in the Moeda Foundation for later use.

A maximum total of 20 million tokens will be issued between the pre-sales, private and public ICO phases.The on-boarding of the private contribution phase via Bitcoin Suisse starts on July 18, with a public phase running from July 28 to Aug. 28. Contributors will receive one MDA token in exchange for one U.S dollar’s worth of ETH.

The USD/ETH exchange rate will be updated daily. A maximum of 5 million MDA tokens will be issued in the public phase....continue reading: 
http://www.the-blockchain.com/2017/07/18/moeda-cooperative-banking-service-relaunches-digital-token/