Machine Xchange Coin(MXC) goals to determine a scientific process to each simplify and increase IoT data transactions utilizing the Low Power Broad Area Network (LPWAN) network so that individuals can take a part of the shared financial system
Using the idea of Low Power Huge Access Network (LPWAN) and its machine network foundation, 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 novel data circulate monetization within today’s data market.
What is LPWAN?
Because the name implies, Low-Power Huge-Area Networks (LPWANs) enable for low energy consumption over a wide area, aka long range. In other words, LPWAN helps units operates on small, inexpensive batteries for years and has an prolonged operating range of 5–fortykms.
With the help of LPWAN technology, sensor and gadgets can ship data over miles of range at lowers costs 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 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 different blockchains to purchase 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, permitting for a facilitated cross-over from a “commodity”-primarily based coin into an everyday trading currency. The token is designed to “bridge current commodity-primarily based trading of cryptocurrency tokens and the money-based mostly global economy.” Thought the MXC token, the MXProtocol gives network participants incentives to use, deploy and trade their network elements, giving people the chance to profit from their places by way of sensor/gadget data gathering.Roadmap
Token Metrics
Ticker: MXC
Token Type: ERC20
Total Tokens: 2,664,965,800 MXCHARD CAP:
Total Sold: 1,065,986,320
Percentage Sold: 40.00%
Presale Worth: 0.011 USD
ICO token Price: 0.015 USD
Staff
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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