MXC — ICO/Token Overview

Machine Xchange Coin(MXC) goals to determine a systematic process to each simplify and enhance IoT data transactions using the Low Power Vast Area Network (LPWAN) network so that individuals can take part of the shared economic system

Utilizing the idea of Low Power Extensive 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 unique data stream monetization within today’s data market.

What is LPWAN?

As the name implies, Low-Power Extensive-Area Networks (LPWANs) allow for low power consumption over a wide space, aka long range. In other words, LPWAN helps gadgets operates on small, inexpensive batteries for years and has an extended working range of 5–fortykms.

With the help of LPWAN technology, sensor and gadgets can ship data over miles of range at lowers prices and may final for years on an AA battery instead of weeks or months.

Options

Smart Bidding

Street lights, garbage sensors ship loads 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 public sale, 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 buy 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, allowing for a facilitated cross-over from a «commodity»-primarily based coin into an everyday trading currency. The token is designed to «bridge current commodity-based mostly trading of cryptocurrency tokens and the money-based global economy.» Thought the MXC token, the MXProtocol provides network individuals incentives to make use of, deploy and trade their network elements, giving people the possibility to profit from their areas by sensor/machine data gathering.Roadmap

Token Metrics

Ticker: MXC

Token Type: ERC20

Total Tokens: 2,664,965,800 MXCHARD CAP:

Total Sold: 1,065,986,320

Share Sold: 40.00%

Presale Value: 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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