Ideal Coin

Ideal Coin is a Mexican blockchain project that launched an Initial Coin Offering between August 2018 and January 2019. The company developed IdealCoin, an ERC-20 token built on the Ethereum blockchain, designed to serve as the native digital currency for the PayMHO social network platform. PayMHO describes itself as a social network and marketing platform that allows users to monetize their personal data while maintaining ownership and control through blockchain technology. The platform's business model revolves around users creating profiles and answering questionnaires honestly, earning TALENT tokens through a Proof of Crafting mechanism, which can then be exchanged for IdealCoin tokens or fiat currency. The company operated from Guadalajara, Jalisco, though it is listed as based in Ciudad de Mexico. The ICO raised funds with a soft cap of $3 million and a hard cap of approximately $40.9 million, though publicly available data suggests only about 7% of the hard cap was achieved. The total token supply was set at 2.2 billion IDL tokens, with the ICO selling 110 million tokens. The founding team included Miguel Ángel Parada as CEO, Pedro Fernandez as CFO, Alejandro Lira as CTO, and Leonardo Garcia Jasso. PayMHO won recognition at the 2019 World Summit Award in the Business & Commerce category for its data transparency solution. However, current market data indicates that IdealCoin has effectively zero trading volume and the token appears to be inactive. Multiple cryptocurrency tracking platforms list the token as untracked or inactive due to insufficient trading activity. The project's operational status remains unclear as of 2026.