Machine Xchange Coin(MXC) goals to ascertain a systematic process to each simplify and increase IoT data transactions using the Low Power Huge Space Network (LPWAN) network so that folks can take part of the shared economic system
Utilizing the concept of Low Power Large 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 increased data transactions and a singular data movement monetization within as we speak’s data market.
What’s LPWAN?
Because the name implies, Low-Power Vast-Space Networks (LPWANs) enable for low power consumption over a wide space, aka protracted range. In different words, LPWAN helps gadgets operates on small, inexpensive batteries for years and has an prolonged working range of 5–fortykms.
With the assistance of LPWAN technology, sensor and gadgets can send data over miles of range at lowers costs and might last for years on an AA battery instead of weeks or months.
Options
Smart Bidding
Street lights, garbage sensors ship a number of 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 public sale, the highest bid takes the link resource.
Inter-Chain data market
Platforms like Ethereum, Rootstock is quite data hungry, they need 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”-based mostly coin into an everyday trading currency. The token is designed to “bridge present commodity-based mostly trading of cryptocurrency tokens and the cash-primarily based international economy.” Thought the MXC token, the MXProtocol gives network participants incentives to make use of, deploy and trade their network components, giving people the prospect to profit from their places by way of sensor/system 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 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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