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The MCX Coin is one of the most revolutionary crypto currencies to hit the market. This is because of its sheer capacity to understand specific financial markets. The MCX Coin has the innovative technology to bring stability to the ever evolving, volatile and fluctuating crypto market.<br>Most innovative aspect of MCX Coin is to control the sudden spikes and drops in prices by its volatility management system. It will maintain a reserve fund which will be used to manage the fluctuation of its prices. When prices goes up it will release more coin to market and when price falls it will absorb the excess coin in the market.<br>The introduction of a hybrid coin into the system is an important step forward in creating a powerful sever network and incentivizing users to hold on to the coin for a longer period.<br>MCX Coin is a global payment system crypto-asset built on the low-volatility autonomous algorithm with methods proven and used on traditional financial markets. It can be employed both as a means of settlement of payments and a means of medium and long term saving.
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INTRODUCTION The MCX Coin is one of the most revolutionary crypto currencies to hit the market. This is because of its sheer capacity to understand specific financial markets. The MCX Coin has the innovative technology to bring stability to the ever evolving, fluctuating crypto market volatile and
WHY MCX? Hybrid Technology Powerful Blockchain Volatility & Stability Debit Card Multi Wallet Transparency
ROADMAP 2016 Q4 • Birth of Idea. • Assemble a Team of Software Developers. • Assemble a Professional Team for handling operations & Partnership Meetings. 2016 Q3 • Development of Blockchain to build a scalable Platform • Legal Formalities • Idea for Universal Wallet • R&D on problems related to Virtual Payment Wallet 2017 Q2
ROADMAP 2017 Q4 • Planning Events & Seminars for awareness • Whitepaper • Investor meets • Distribution of coins through ICO • Listing of MCX Coins in different Exchanges • Launch of Token Sale through ICO • Testing Integration of Multiple Wallets in MCX Wallet • Arranging Events in different countries for Crypto Enthusiasts 2017 Q3 2018 Q1
ROADMAP 2018 Q4 • Worldwide Expansion • Developing a transformational Blockchain Platform that will Orchestrate the evolution and Integration of different financial tansactions to the blockchain platform 2019 • Promoting in different countries • Collaborating with different Financial Market • Integration of Physical Wallet 2018 Q2 • Occupying Majority of Financial Markets • Collaborating with multiple wallets & providing a fully Integrated Wallet.
Blockchain – Fostering Peer to Peer Collaboration across the Globe and Reinventing the way we live!!
Distributed Ledger Technology – Permissionless, Transparent & Immutable
Increased Capacity Disintermediation Better Security Faster Settlement Decentralized Consensus Immutability
PUBLIC PRIVATE Public Blockchains (Permission-Less) Private Blockchains (Permissioned) • Specified people to submit and validate the transaction • Commiting peer - Maintains ledger, commits transactions. May hold chain code • Endorsing peer - Responds granting or denying endorsement • Ordering nodes - Approves adding transaction blocks into the ledger. Communicates with committing and endorsing peer. • Any one can submit a transaction and take part in validating the network • Open to all • Facilitates transfer of value to anyone anywhere in the world - with internet connection
~Hashes~ Mathematical function converting data into a finger print of data • Takes Britannia Encyclopedia to just one number, turns into an output of a fixed length • SHA 256, SHA 384 & SHA 512 • Hard to back calculate original data from hash • Hash changes in an unpredictable way if the input data changes • http://www.xorbin.com/too ls/sha256-hash-calculator
~Blocks~ They are referenced by their hash that is derived from the contents of the block. Each block specifies the block hash it is building on • Ledger of transactions that refers to previous blocks • If the data and hashes don’t match, indicates tampering of data •
Blockchain - Hashes with Mining and Merkle trees
Blockchain a potential game-changer for Business Reduces time Removes cost Reduces risk Online process for online connected world Removes force fitting offline business processes for online business
Capital Raising The shift from IPOs to ICOs Initial Coin Offerings Crowd sale but very different Distributed Autonomous organizations Buying Digital Assets Brave – raised USD 35 mn in less than a minute
Blockchain Empowers a Company to be a Network Orchestrator & Rearchitect the business model
WHAT IS A TOKEN SALE? Comparable to the IPO since 90’s, upcoming in the digital currency era Token sale tokens are sold to early supporters in exchange for Bitcoin or Ether. These tokens are structured as app tokens. Advantages: Market is open to all and everyone gets the opportunity to invest from any place in the world. As there is no minimum amount, it solves the problem of coins distributed initially Supporters and contributors to the project can invest in any range, proportionally giving them the possibility of good returns when market value of project increases
GROWTH OPPORTUNITIES Example Tokens: Token Ethereum Stratis Golem Qtum BAT OmiseGo Raised in Token Sale $ 18 M $ 0.675 M $ 8.6 M 19 M $ 35 M $ 25 M Market Cap Today $ 31.3 Billion $ 584 M $ 257 M 768 M $ 206 M $ 828 M % Gain 1738800% 86500% 2988 % 4042% 580% 3312 % Time 37 Months 13 Months 10 Months 14 weeks 11 Weeks 10 Weeks
MCX TOKEN SALE TERMS Token Distribution - 75% ICO - 15% VOLATILITY MANAGEMENT - 10% TEAM The MCX token will be distributed at the rate of $0.10 for 1 MCX token to participants in the Contribution period. Purchase methods accepted: Bitcoin and Ethereum Maximum coin supply: 40 million Pre Mine : 8 million Available for ICO:6 Million MCX COIN ICO VOLATILITY TEAM
PHASES OF ICO PHASE 1 : OCTOBER 2017 1 MCX Token = $0.10 Total supply of Tokens = 1 Million PHASE 2 : NOVEMBER 2017 1 MCX Token = $0.25 Total supply of Tokens = 1 Million PHASE 3 : DECEMBER 2017 1 MCX Token = $0.40 Total supply of Tokens = 2 Million PHASE 4 : DECEMBER 2017 (X'MAS WEEK) 1 MCX Token = $0.50 Total supply of Tokens = 2 Million
MCX TOKEN INFORMATION Name: MCX Coin Symbol: MCX Hybrid Algorithm: (POS/POW) Maximum supply (hard cap): 40 Million MCX Pre Mine Coins: 8 Million MCX Available for ICO: 6 Million MCX Emission rate: No new coins will ever be created Accepted currencies: ETH & BTC only ICO Starting from 5th October 2017 to 1st January 2018 Coin distribution: Contract will distribute coins/tokens instantly upon receiving ETH & BTC Exchangers: NovaExchange, Cryptopia, YoBit, Livecoin, C-Cex MCX Prediction Rate: $ 2.50 + Blocks: 2,62,800 Block Time (Seconds): 150 Block Rewards: 4 POS Rewards: 12% Per@ Halving Rate: 1,000,000
For More Information Please Visit on www.mcxcoin.com