Machine Xchange Coin(MXC) goals to ascertain a scientific process to both simplify and increase IoT data transactions using the Low Power Large Space Network (LPWAN) network so that individuals can take part of the shared financial system
Using the idea of Low Power Broad Access Network (LPWAN) and its machine network foundation, 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 unique data movement monetization within in the present day’s data market.
What is LPWAN?
Because the name implies, Low-Power Broad-Area Networks (LPWANs) allow for low energy consumption over a wide area, akan extended range. In different words, LPWAN helps gadgets operates on small, cheap batteries for years and has an prolonged working range of 5–40kms.
With the help of LPWAN technology, sensor and gadgets can send data over miles of range at lowers prices and can last for years on an AA battery instead of weeks or months.
Street lights, garbage sensors ship lots 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, permitting for a facilitated cross-over from a “commodity”-based coin into an everyday trading currency. The token is designed to “bridge present commodity-based trading of cryptocurrency tokens and the money-based mostly international economy.” Thought the MXC token, the MXProtocol offers network individuals incentives to use, deploy and trade their network elements, giving people the possibility to profit from their places by way of sensor/device data gathering.Roadmap
Token Type: ERC20
Total Tokens: 2,664,965,800 MXCHARD CAP:
Total Sold: 1,065,986,320
Percentage 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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