IoT seems like a new industry, but it has witnessed a tremendous growth in the past few years, it has gradually become a multi million dollar industry. It deals with building like apps, it strives to make back end building a very simple process. The IoT industry has witnessed newer innovations, it has grown from what it use to be, to what it is now. One of such growth is the integration of blockchain technology. Blockchain would play a vital role, like simplifying and increasing IoT data transactions. Blockchain will also provide a decentralized structure which provides Low Power Wide Access Network (LPWAN) and the Machine eXchange Protocol (MXProtocol). Where The MXC Vision Comes In
MXC is a IoT platform, built using blockchain technology, specifically the Ethereum blockchain network, it hopes to take IoT to an entirely new level, it brings out the best of IoT data transactions by using blockchain technology to make transactions easier, faster and more accessible. It has its own coin called Machine eXchange change MXC, which could be accessed by the public through a very unique coin offering program. The data flow on the MXN platform would be unlimited.
What Makes MXC Stands Out
Since the introduction blockchain technology in 2009 there have been thousands of blockchain related projects, many have been successful and others have proven to be scam, so when new projects like this comes out, prospective investors would want to know what makes the project special.
The MXC is specialized, promising to make IoT transactions extremely easy, its coin would be used as an in-house currency, used for the exchange of IoT related services.
The MXN foundations projects primary purpose is to improve the IoT industry. It makes the creation of IoT application very affordable and simplified even for amateur developers. It does not requires special requirements to be part of the platform, since MXC foundation assessable to the general public. Hence no matter where you are in the world, with little technological gadgets you can use and profit from the NXC IoT platform.
The Service Provider Providing LPWAN service is very lucrative, as almost every new innovations now use LPWAN, ranging from elevators, cars and even bikes. This means getting those in need of LPWAN service wouldn't be a problem. You will be paid in MXC this will help your transactions with clients smooth and non-complex. The Service Users Those in need of LPWAN just need to be part of the MXN foundation platform and they will has access to service providers, they don't have to pay much and they will be no complexity paying over seas service providers.
Roadmap
The MXC Token Details
Token Sale Starts: 30th September, 2018
Token Sale Ends: 19th October, 2018
Ticker: MXC
Token type: ERC 20
Fundraising Goal: 24,000,000 USD
Total Tokens: 2,664,965,800
Tital Available for Token Sale: 40%
Whitelist: YES (period not yet available)
Accepts: ETH.
Having a transparent, fast, accessible and comprehensive platform for IoT transactions will without doubt improve the IoT industry, making it a reliable source of building apps and other IoT related technology.
Useful Information Links:
MXC (Machine Exchange Coin) Decentralized Global IoT Data Network
ucbandara (25) in cryptocurrency • last month
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MXC is making quick, productive, decentralized information trades utilizing LPWANBlockchain Technology. MXC exceptionally mechanizes machine to machine exchanges, controlling the world's biggest decentralized global IoT data network.
The MXC Protocol encourages the continuous trade of data between associated gadgets because of the skyscraper of no. of gadgets on the planet. The inherent blockchain based MXC Protocol guarantees gadgets interface with the web utilizing the most helpful LPWAN Gateway lying in range. The factors for this convenient are,
• Cost per Downlink
• Signal Quality
• Availability
• MXC influential Algorithmic Factors
Street lights, garbage sensors send a considerable measure of bundles in multi day, which stick the free authorized groups. An entryway bolt should be opened in a couple of moments seconds, Smart Bidding takes care of the issue by doing the system asset sell off, the most noteworthy offer takes the connection asset. Stages like Ethereum, Rootstock are very information hungry, they require Oracles to encourage to brilliant contracts. Information showcase is a convention for various blockchains to buy information from MXC utilizing their own token.
Features
MXC is an IoT cryptocurrency. The MXC depends on a decentralized foundation utilizing Low Power Wide Access Network (LPWAN) and the MXC Protocol. MXC gathered take into consideration expanded information exchanges and adaptation of quirky information stream.
The MXC Protocol will facilitate micro-payments within the LPWAN infrastructure that will be traded from third party sensors/end devices, ensuring secure data transmission. The MXP protocol is designed to extend the device data economy and promote decentralized sharing economy.
MXC Token Details
Ticker: MXC
Type: Utility-token
Country: Germany
Total token supply: 2,664,965,800 MXC
Hard cap: 24,000,000 USD
Soft cap: 10,000,000 USD
MXC Token Distribution
Team: 20% Time-lock: 1/2 vesting after 1 year from token issue.
Early investor: 20% Starts in March, 2018 Time-lock: 1/2 vesting after 6 months from listing on exchange.
Private-sale: 30% June, 2018 Time-lock: 1/4 vesting after 3 months from listing on exchange.
Public-ICO: 10% July, 2018.
Foundation: 20%.
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Future Updates
2018 Q3 : Etherium – MXC smart contract released & Public ICO lauch.
2018 Q4: Initial MXC wallet release.
2019 Q2: MXProtocol MVP implementation
2019 Q4: MXProtocol global launch
2020 Q2: Anti-Collision coordinator implementation
2020 Q3: Smart buildingglobal rollout.
2021 Q1: Data market released
2021 Q4: Inter-Chain data market
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MXC Team
*CEO: Xin Hu
*CTO: Vlad Kari
*COO: Aaron Wagener
*Growth Manager: Jeff Stahinecher
*Protocol architect: Piotr Brzezinski
*Lead Software Developer: Vadim Vygonets
Useful Links:
MXC Website: https://mxc.news/2D2UJER
MXC Telegram Group: https://mxc.news/2xlyJ1E
Official twitter: https://twitter.com/MXCfoundation
Link to our Economic Whitepaper: https://www.mxc.org/hubfs/WP/MXC_economic_whitepaper.pdf?t=1528719553210
Link to our Technical Whitepaper: https://www.mxc.org/hubfs/WP/MXC_technical_whitepaper.pdf?t=1533214277377
Author: Olamidey
