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TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or

TKN-The $17m ICO scam no-one talks about Here's a fun one... TKN. Some of you may have heard of Monolith, it was supposed to be a debit card that linked to your Ethereum wallet so that you could make purchases using your crypto. The idea was cool, original and in 2016 it was very originative, offering users the ability to make self sovereign decisions about how they wanted to spend and custody their ethereum tokens as well as offer users a way to quickly offramp their funds into the traditional financial system. Looking forward to the present day, Monolith is still around, but it is a very different organization to the one it set out to be in the first place. Monolith initially started as monolithdao, a company founded by Mel Gelderman and David Hoggard, Mel being the figurehead of the organization and David being lesser known (oftentimes avoiding the spotlight and attention that comes with running a cryptocurrency company). The Monolith/tokencard story begins in 2017, when Mel and David got together during the 'ICO mania' of 2017 to found a new company, based on Mel's vision that 'one day everyone will be using decentralised blockchains to make transactions'. Tokencard pitched to the community the promise of TKN, a token that would power this decentralised card. Tokencard promised catchy visions of what their product could be, drumming up support from across the Ethereum community. However already Mel was out of his depth, he had never founded a company - his only experience being selling fishtank algae out of his parents house (he drums this up as being a 'biofuel' buisiness in his linked in page). Tokencard however turned out to be one of the fastest ICO's in history, raising $17m USD in Ethereum in a matter of minutes. It was a wild success, one that Mel or David never envisioned it would be. Neither Mel or David had any experience of building products, especially fintech. In addition, they lacked the skills to do so, such as the ability to code or