The full name of MBTC currency is MBT Chain, the Chinese name of MBTC currency is Meibit, and MBTC is a decentralized blockchain data innovation ecosystem. MBTC is a global decentralized data blockchain ecological network initiated by the Singapore My Best Foundation (non-profit), and its positioning is to provide commercial blockchain infrastructure services in the big data industry. On the one hand, it builds the basic public chain of enterprise-level blockchain, and on the other hand, it builds a highly scalable application business support system. Among them, the bottom layer is MBT Chain, a public blockchain focusing on the data industry, which maps the real behavioral data world to the blockchain. Through cross-platform, cross-enterprise, cross-industry and cross-border interconnection and cooperation, we will create a brand-new business model and provide decentralized data credit services for collaborative participants.
MBTC originally used ERC2 token on the platform of Ethereum? For sale, the maximum amount of tokens is x = 2 billion pieces. The minimum unit of MBTC is 1-18MBTC. After the official launch of MBT Chain, do you hold the Ethereum ERC2 MBTC? According to the voucher, the customer can exchange the equivalent MCC1 MBTC of MBT Chain network, and the ERC2 MBTC of Ethereum will be destroyed. The total number of MBTC is 2 billion, which is divided into five parts: private equity share, foundation share, founding team and development share, community ecological construction and super node reward share.
MBTC is a digital asset on the MBT Chain, and MBTC is a digital asset used by individual users. It not only has circulation value, but also is an essential encrypted digital asset based on MBT Chain applications. It is necessary to pay or burn MBTC to develop, authenticate applications and use online services (such as miners' fees transferred on the chain) on MBT Chain, and MBTC is the only Token used as an online application.
with the increasing number of customers and data sources cooperated by MBT Chain, the amount of data uploaded and traded is increasing, MBT Chain can receive more commissions, and the team will regularly take out 15% of the commission income to buy back MBTC at the price of the secondary market at that time and destroy it.
as an alliance card, MBTC has risks such as force majeure in its transactions, so MEBIT cannot guarantee absolute profit or loss. Meibit team attaches great importance to the financial security of all users and fully protects the interests of users, but it can't guarantee any accurate prediction, nor can it guarantee any absolute gains or losses. The development and operation team of Mebit believes that there are numerous risks in the development, maintenance and operation of Mebit, many of which are beyond the control of the development and operation team of Mebit.