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MXC - ICO/Token Assessment

MXC - ICO/Token Assessment

Machine Xchange Coin(MXC) aims to ascertain a scientific process to both simplify and enhance IoT data transactions utilizing the Low Power Vast Space Network (LPWAN) network so that people can take part of the shared economy
Utilizing the concept of Low Power Broad Access Network (LPWAN) and its system 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 elevated data transactions and a unique data movement monetization within right this moment’s data market.
What's LPWAN?
As the name implies, Low-Power Extensive-Area Networks (LPWANs) enable for low energy consumption over a wide area, aka long range. In different words, LPWAN helps gadgets operates on small, cheap batteries for years and has an extended working range of 5–fortykms.
With the help of LPWAN technology, sensor and devices can ship data over miles of range at lowers prices and may final for years on an AA battery instead of weeks or months.
Options
Smart Bidding
Street lights, garbage sensors ship plenty of 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 buy 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 on a regular basis trading currency. The token is designed to "bridge present commodity-based trading of cryptocurrency tokens and the cash-based mostly world economy." Thought the MXC token, the MXProtocol offers network members incentives to make use of, deploy and trade their network elements, giving individuals the possibility to profit from their locations by sensor/machine data gathering.Roadmap

Token Metrics
Ticker: MXC
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 Worth: 0.015 USD

Group
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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