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MXC - ICO/Token Overview

MXC - ICO/Token Overview

Machine Xchange Coin(MXC) aims to ascertain a scientific process to each simplify and enhance IoT data transactions utilizing the Low Power Extensive Area Network (LPWAN) network so that individuals can take a part of the shared economic system
Utilizing the concept of Low Power Wide Access Network (LPWAN) and its machine network foundation, the Machine eXchange Protocol (MXProtocol), as a foundation for its system, MXC will introduce the Machine eXchange Coin (MXC), which will theoretically enable for increased data transactions and a singular data circulate monetization within as we speak’s data market.
What's LPWAN?
As the name implies, Low-Power Vast-Area Networks (LPWANs) permit for low power consumption over a wide space, aka protracted range. In different words, LPWAN helps units operates on small, inexpensive batteries for years and has an prolonged working range of 5–40kms.
With the help of LPWAN technology, sensor and devices can ship data over miles of range at lowers costs and may last for years on an AA battery instead of weeks or months.
Features
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 auction, 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 various blockchains to purchase data from MXC utilizing 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 mostly trading of cryptocurrency tokens and the cash-based mostly world economy." Thought the MXC token, the MXProtocol offers network participants incentives to use, deploy and trade their network parts, giving individuals the possibility to profit from their locations via sensor/gadget data gathering.Roadmap

Token Metrics
Ticker: MXC
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 Worth: 0.015 USD

Crew
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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