The virtual currency also known as virtual money is a type of unregulated digital money, which is issued and is usually controlled by the developer except Bitcoin and is used and accepted among members of a particular virtual community.In 2014, the European Banking Authority defined virtual currency as a digital representation of the value that is not issued by the central bank or public authority, is not always attached to fiat currency, but is accepted by nature or legal person as a means of payment and can be transferred, stored or traded electronically. In contrast digital currency issued by the central bank is defined as the central bank's digital currency.
Digital currency digital money or electronic money or electronic currency is a kind of currency that is only available in digital form, not physically like paper money and coins. It shows properties similar to physical currency, but allows for instant transactions and transfer of ownership without limits. Examples include virtual currency and cryptocurrency or even the central bank issuing digital money. Like traditional money, this currency can be used to purchase physical goods and services, but may also be limited to certain communities such as for use in online games or social networks.
The term cryptocurrency or crypto currency is a controversial digital asset designed to work as a medium of exchange using cryptography to secure transactions, to control the creation of additional units and to verify asset transfers. Cryptocurrency is a type of digital currency, alternate currency and virtual currency. Cryptocurrency uses decentralized controls as opposed to centralized electronic money and central bank systems. The decentralized control of each cryptocurrency works through blockchain, which is a public transaction database that functions as a distributed ledger.
Digital Wealth Management Platform
MPCX is a digital blockchain driven financial services platform for innovative crypto investors.
The MPCX Platform will be developed in three stages:
The platform is designed to service entities' and individual's needs in the areas of digital wealth management, cryptocurrency exchange and trading, digital banking, crypto research and ICO promotion, and crypto lending.
- Stage 1 – the digital wealth management platform
- Stage 2 – the cryptocurrency exchange
- Stage 3 – the digital banking and regulated wealth management platforms
The MPCX solution
At the end of the third stage of the development of the MPCX Platform we will have implemented the following ecosystem:
- Onboarding, KYC, AML
- Payment Solutions
- Digital Wealth Management Platform
- Digital Asset Exchange
- Custody and WalletsTrading Solutions
- ICO Research & Promotion platform
- MPCX Product Platform
- MPCX crypto lending platform
XDMC Token Sale
XDMC Tokens will be used to pay for the services inside the platform. Once the XDMC Token becomes liquid and popular, it will be used as the internal currency for our banking services.
At MPCX we believe that crowd wisdom is a part of a new reality where each individual can contribute to the mutual wellbeing of a community and be rewarded for their contribution fairly.
The central philosophy of MPCX is the Proof of Governance (POG) which means that each XDMC token holder will be able to participate in referenda and be rewarded for the impact. According to the referenda we will decide how to develop MPCX.
Rewarding XDMC Token holders.In addition to delivering capital gains due to popularization and increasing number of MPCX users, we propose to reward our community on a regular basis by allocating 50% of the platform's returns to the systematic buyback program of XDMC Tokens
How XDMC referendum works?
- Hold XDMC
- Receive Votes
- Participate in a Referendum
- Be Rewarded
XDMC token sale structure
Tokenization is a process by which real or digital assets and related rights are registered on a ledger of specific blockchain. Technically a token is a unit of registered value.
Total XDMC token supply structureToken Name XDMC
Supply type Fixed
Token type Utility Token
Total supply 999 950 416
Pre ICO Price, XDMC/1ETH 30 998
Min. Investment, ETH 0.10
XDMC Token distribution by stages:
General XDMC token distribution structure and Use of ICO proceeds
if you are interested in joining the MPCX project, it's a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, because it's important to understand accuracy in reviews so you don't hesitate in investing.
Sorry for the long article, and we do hope that we gave you a decent overview of our Token Sale information. Having said that, again and again and again, please read the White Paper in complete. Come back to us with any questions. We will be more than happy to answer all of them. Listen, we know that you work very hard for your money, and we want you to be 1000000% positive that this is the right investment.
Thank you once again for taking the time to read this article, and thank you a million times for your support of MPCX.
To find out more. You can connect more with MPCX at the link below:
WEBSITE
WHITEPAPER
TELEGRAM
author:Chubylaw
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