Machine Xchange Coin(MXC) aims to determine a scientific process to both simplify and improve IoT data transactions using the Low Power Broad Area Network (LPWAN) network so that folks can take part of the shared economy
Utilizing the idea of Low Power Broad 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 enable for increased data transactions and a singular data circulation monetization within in the present day’s data market.
Because the name implies, Low-Power Broad-Area Networks (LPWANs) allow for low energy consumption over a wide space, aka protracted range. In different words, LPWAN helps devices operates on small, cheap batteries for years and has an prolonged operating range of 5–40kms.
With the help of LPWAN technology, sensor and devices can ship data over miles of range at lowers prices and might last for years on an AA battery instead of weeks or months.
Street lights, garbage sensors send quite a lot 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 need Oracles to feed to smart contracts. Data market is a protocol for various 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, permitting for a facilitated cross-over from a “commodity”-primarily based coin into an everyday trading currency. The token is designed to “bridge present commodity-based mostly trading of cryptocurrency tokens and the money-primarily based world economy.” Thought the MXC token, the MXProtocol offers network members incentives to use, deploy and trade their network components, giving people the chance to profit from their locations through sensor/device data gathering.Roadmap
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 Value: 0.015 USD
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)
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