What is the future of MXC currency in one article?

The latest price of MXC coin

＄0.0093 ≈ ¥0.07

What is the prospect of MXC coin?

The overall strength of the leaders of the MXC coin project team is weak, and the team’s strength in the field of blockchain technology, token economy, community operations, marketing, etc. is slightly weak. At this stage, most of the technologies in the project have not yet been implemented or are only in the experimental stage, and have not been verified by actual production operations. The scale of application of the project is limited by the underlying technology of the blockchain, and will be subject to huge competition from traditional IT manufacturers.

MXC’s various uses are relatively balanced through distribution ratios. A certain lock-up period is set for the team, early investors, and private equity tokens. The lock-up period for the team part is up to 5 years, and the lock-up period for early investors Also up to 1.5 years. Up to 60% of the tokens are sold through various fundraising methods, and the portion held by the team and foundation is actually owned by the MXC team. The token distribution plan does not include the design of the IoT data transaction mining part. It is not yet known how the project will allow users to obtain mining benefits. The current circulation volume is close to the total issuance, and the subsequent project progress depends on the development of the team.

MXC Coin Project Introduction

1. Project Introduction

MachineXchangeCoin (MXC) provides a unique distributed "IoT data transaction network" for the global token economy.

2. Project Vision

MXC’s vision is to simplify and increase IoT data transactions through a systematic protocol.

3. Market demand

The Internet of Things is a hot topic that has been discussed enthusiastically for more than ten years. The focus of the Internet of Things is to connect "things" to the Internet and collect or use this data from the objects that cannot speak for themselves. Based on current methods of providing close range coverage and high power consumption, the ability of these technologies to deliver new and increased data applications is very limited. For example, standard Wi-Fi can usually reach a range of up to 100 meters, but even using 3G or 4G consumes a lot of battery, shortening battery life and significantly increasing maintenance costs. The current status quo is that sensor data networks are very expensive to implement and have very low availability. The demand for new technologies from all walks of life is here, and the demand for LPWAN is increasing as it solves the current problem of short-range or high-cost data transmission.

The current status quo is that sensor data networks are very expensive to implement and have very low availability. The demand for new technologies from all walks of life is here, and the demand for LPWAN is increasing as it solves the current problem of short-range or high-cost data transmission.

4. Project Solution

MXProtocol brings the next generation of LPWAN with an excellent IoT data platform and high-quality network experience, providing a safe and fast solution for simplified and rapid IoT.

5. Token usage scenarios

MXC is an ERC20 functional fuel used for transactions between things on the MXC super node network. MXC Extreme Fuel increases value by giving the community the opportunity to share super node profits through staking.

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