Machine Xchange Coin(MXC) aims to ascertain a systematic process to both simplify and increase IoT data transactions utilizing the Low Power Extensive Area Network (LPWAN) network so that people can take part of the shared financial system
Utilizing the concept of Low Power Huge Access Network (LPWAN) and its system network basis, the Machine eXchange Protocol (MXProtocol), as a foundation for its system, MXC will introduce the Machine eXchange Coin (MXC), which will theoretically enable for elevated data transactions and a unique data circulate monetization within in the present day’s data market.
What’s LPWAN?
As the name implies, Low-Power Large-Space Networks (LPWANs) enable for low energy consumption over a wide space, aka long range. In different words, LPWAN helps units operates on small, cheap batteries for years and has an extended operating range of 5–fortykms.
With the help of LPWAN technology, sensor and units can ship data over miles of range at lowers prices and may final for years on an AA battery instead of weeks or months.
Options
Smart Bidding
Street lights, garbage sensors ship a variety of packets in a day, which jams the free licensed bands. A door lock needs to be unlocked in few seconds, Smart Bidding solves the problem by doing the network resource public sale, 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 different blockchains to purchase data from MXC utilizing 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, permitting for a facilitated cross-over from a “commodity”-primarily based coin into an on a regular basis trading currency. The token is designed to “bridge present commodity-primarily based trading of cryptocurrency tokens and the cash-based world economy.” Thought the MXC token, the MXProtocol gives network participants incentives to make use of, deploy and trade their network elements, giving individuals the possibility to profit from their areas via sensor/device data gathering.Roadmap
Token Metrics
Ticker: MXC
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
Group
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)
Jeff Stahlnecker
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