MXC - ICO/Token Review
Using the idea of Low Power Wide Access Network (LPWAN) and its gadget network basis, the Machine eXchange Protocol (MXProtocol), as a basis for its system, MXC will introduce the Machine eXchange Coin (MXC), which will theoretically allow for elevated data transactions and a novel data circulate monetization within at the moment’s data market.
Because the name implies, Low-Power Vast-Space Networks (LPWANs) allow for low energy consumption over a wide space, aka long range. In other words, LPWAN helps gadgets operates on small, cheap batteries for years and has an extended working range of 5–40kms.
With the help of LPWAN technology, sensor and gadgets can send data over miles of range at lowers costs and may final for years on an AA battery instead of weeks or months.
Street lights, garbage sensors ship numerous packets in a day, which jams the free licensed bands. A door lock must be unlocked in few seconds, Smart Bidding solves the problem by doing the network resource auction, the highest bid takes the link resource.
Inter-Chain data market
Platforms like Ethereum, Rootstock is quite data hungry, they want Oracles to feed to smart contracts. Data market is a protocol for various blockchains to buy data from MXC using their own token.
Token Use case
The MXC token is a utility token, meant to be distributed amongst data owners, data receivers and data network hosts, allowing for a facilitated cross-over from a "commodity"-based mostly coin into an on a regular basis trading currency. The token is designed to "bridge present commodity-based trading of cryptocurrency tokens and the cash-primarily based world economy." Thought the MXC token, the MXProtocol offers network individuals incentives to use, deploy and trade their network components, giving people the prospect to profit from their locations by means of sensor/gadget data gathering.Roadmap
Token Type: ERC20
Total Tokens: 2,664,965,800 MXCHARD CAP:
Total Sold: 1,065,986,320
Proportion Sold: 40.00%
Presale Price: 0.011 USD
ICO token Worth: 0.015 USD
Sheen Xin Hu (CEO): Founder of Matchx, Hardware Engineer at Airfy.
Piotr Brzezinski: Hardware Engineer at Siemens, Hardware Engineer at Airfy.
Vlad Karl: Head of IT Operations at Carmudi.
Vadim Vygonets: Software Engineer at Mobisol, Developer at SoundCloud.
Aaron Wagener (Co-Founder)
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