High rates of development of crypto industry have led to the emergence of many new platforms and tokens. Increased transaction speed per second and data transfer. The requirements of users are also growing and it is very important to find the very niche that is not yet full to the brim and needs to be developed.
Almost every day new blockchain projects are opened, which are also closing quickly, due to insufficient funding. Such startups are counting on user investment and are launched as ICOs to raise money. Such projects lack an idea that will seriously engage interested users of the crypto community and convince them of their honesty and future development. There is a certain number of unfair ICO-projects that are launched only for the purpose of earning money on, particularly gullible investors. Such organizations in the crypto industry are called “scam” (fraudsters).
There are many exchanges for beginners and advanced traders with experience in the crypto market. Now it is quite difficult for new exchanges to break into the TOP and surprise experienced users. But the need for a simple and easy to use the platform is always relevant.
The essence of the project
Masternet is a multi-system interconnected financial platform that was created to develop and promote communication among promising start-up companies and projects based on the blockchain.
At the heart of the creation of the Masternet platform is the idea of developing the international project Akasic Global, which is a financial platform for cryptocurrency trading at the global level. Masternet decided to create a system that will be combined not only with the multifunctional ecosystem Akasic but also with any other blockchain project.
The Akasic Global platform offers a wide range of token and cryptocurrency trading services. This ecosystem aims to teach newcomers to trade in a crypto-exchange. All those who wish and novice users can learn the basics of trading here, investing, making a profit from trading, making all operations from anywhere in the world online. The entire project functions as a social network integrated with payment gateways that promise to increase the profits of traders from each new transaction. In addition, for beginners in this sphere, the platform offers to undergo training in the trading algorithm.
Akasic Global is only the first step on the path of the emerging and active Masternet platform, which has successfully entered the promising projects. Masternet project specialists have greatly helped with the influx of finance into the Akasic platform. Now, Masternet has plans to support other equally promising startups to improve the quality and speed of their communication.
The objective of the project
Masternet defines its main goal for the near future as launching and developing a platform based on the Akasic Global community to bring them over 50 million new users. Moreover, Masternet plans to promote and distribute their, now common, MASH currency to the masses and place it on the list of the world's top 10 most used tokens with the largest market capitalization. All plans to conquer the market are spelled out in the roadmap of the project Masternet, which has already outlined a steady upward movement. That is, the success of this project is primarily achieved through the development and promotion of the Akasic Global Ecosystem.
Now Masternet creates strong and powerful communities in the world of cryptocurrency to further integrate them with other projects based on the blockchain. It is planned that startups will help each other by providing support in both material and informational aspects.
Masternet is interested in the promotion of new and revitalization of fading, but promising projects, which in future will be able to bring many benefits to the development of universal decentralization.
Project economics
As an exchange unit of the platform, Masternet introduced the MASH token, which runs on the Ethereum currency network. That is, it all comes down to the fact that investors who wish to financially help a particular project presented on the platform can do this by purchasing and sending a MASH token.
Currently, the Bounty program is active, which allows you to receive tokens for promoting the Masternet project in social networks and personal blogs. The campaign budget is $ 500,000 USDT. Another free opportunity is the Airdrop campaign, which distributes MASHs to community members on simple terms. All details on joining and participating in campaigns can be found on the official website of the Masternet project.
At first, it is planned that Masternet will receive income only from transaction fees, which will be paid exclusively in the MASH token by community members after carrying out transactions on the platform. Later, as soon as the community grows, funds will start to come from other types of activities (different types of commissions, payment for additional services and advertising of products). This information will interest first of all those who are thinking about purchasing their MASH cryptocurrency. Since the profit from all these operations will be further distributed among the registered owners of tokens.
Masternet platform launched in the current 2018, but the introduction of full ecosystem integration is planned for the beginning of 2019.
Project mission
Comprehensive promotion of the development and distribution of blockchain technology among newly formed companies and projects, as well as a significant increase in global integration and communication between them, is the main mission of Masternet. The project was created to ensure that all startups have the opportunity to help each other or be supported by outside organizations and investors in the first, most difficult and difficult stages of development.
The immediate goal is to create a strong user community for Akasic Global and distribute the shared cryptocurrency MASH.
In general, the project looks interesting and promising. It is pleasantly surprised that its creators think not only about their material well-being, but also about start-up projects that can be useful to society.
Masternet definitely has a “big brother” and a mentor - the Akasic Global ecosystem, which help and promote each other. Masternet acts as a protocol that binds other platforms for exchange. This project opens the way to other platforms and projects that are willing and ready to join. At this stage, Masternet and Akasic Global are collaborating, promoting a joint MASH token and developing a common idea of a unifying platform, but who knows, everything may change soon, and their paths will go in different directions.
For more insight about the project, visit the links below
Website- https://masternet.io/
Whitepaper- http://bit.ly/MasternetWhitePaperEN
Facebook- https://www.facebook.com/masternetproject/
Twitter- http://twitter.com/masternetmash
Telegram channel- https://t.me/MasternetOfficialChannelEN
Telegram group chat- https://t.me/MasternetMASH
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