MXC - ICO/Token Overview

MXC - ICO/Token Overview

Machine Xchange Coin(MXC) goals to ascertain a systematic process to each simplify and improve IoT data transactions utilizing the Low Power Large Space Network (LPWAN) network so that individuals can take a part of the shared economic system
Using the idea of Low Power Extensive Access Network (LPWAN) and its device network basis, the Machine eXchange Protocol (MXProtocol), as a foundation for its system, MXC will introduce the Machine eXchange Coin (MXC), which will theoretically permit for increased data transactions and a novel data movement monetization within at this time’s data market.
What's LPWAN?
Because the name implies, Low-Power Wide-Area Networks (LPWANs) enable for low power consumption over a wide space, akan extended range. In different words, LPWAN helps units operates on small, cheap batteries for years and has an extended operating range of 5–fortykms.
With the help of LPWAN technology, sensor and gadgets can ship data over miles of range at lowers costs and can last for years on an AA battery instead of weeks or months.
Options
Smart Bidding
Street lights, garbage sensors ship numerous packets in a day, which jams the free licensed bands. A door lock must 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 different 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, allowing for a facilitated cross-over from a "commodity"-based mostly coin into an on a regular basis trading currency. The token is designed to "bridge present commodity-primarily based trading of cryptocurrency tokens and the money-based mostly world economy." Thought the MXC token, the MXProtocol gives network participants incentives to use, deploy and trade their network elements, giving individuals the prospect to profit from their places via sensor/system data gathering.Roadmap

Token Metrics
Ticker: MXC
Token Type: ERC20
Total Tokens: 2,664,965,800 MXCHARD CAP:
Total Sold: 1,065,986,320
Proportion Sold: 40.00%
Presale Price: 0.011 USD
ICO token Value: 0.015 USD

Team
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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