MyToken, the price tracking application with the largest market share in China, will hold a sales event very soon.
The blockchain industry witnessed a boom in 2017. Blockchain technology is slowly going public with its secure, reliable, decentralized and protected features. This technology has not only opened up a revolutionary industry, but also a new investment and financing model that has completely blown up the cryptocurrency market and created tremendous commercial prospects.
However, opportunities and challenges coexist.. Under the enormous return on investment, with the increasing number of investors and teams entering the market, the investment risk in the cryptocurrency space also increases, resulting in a relentless growth trend in the market.
Has the largest market share in China. MyToken, a price monitoring application, focuses on the pain points of the industry with the aim of restructuring the investment ecosystem to make it a clear trend in the field of cryptocurrencies.
What are the “pain points” that we face with the growth of cryptocurrencies?
According to incomplete statistics provided by MyToken, approximately 500 financing activities of IPOs have taken place since 2017, totaling $5 billion. The fast-growing market and development trend are revealing the ecological pains of cryptocurrencies more clearly.
Investment transactions are too fragmented for individuals to measure their personal wealth.. Today, the total number of cryptocurrencies available has grown to over 2,000, with the number of well-known exchanges offering cryptocurrencies reaching nearly 300.. For investors, buying cryptocurrencies and choosing an exchange is fraught with challenges.. Transactions often go through multiple platforms such as Over-The-Counter trading desks and token exchange platforms. Users can spend a lot of time during cross-platform transactions. Due to the highly fragmented transaction processes, the overall experience of users cannot normally create an efficient closed-loop. Meanwhile, it is difficult to measure individual assets scattered across exchanges.. The cost of getting started with learning cryptocurrency trading is normally high, making it as easy to use as stocks and futures.
With the market so complex, users have high decision-making costs. The core of cryptocurrency investments is early investment in businesses and projects, while individuals actually act as angel investment institutions.. However, unequal information between project parties and users increases investment decision-making costs.. It has become a major challenge to assess the authenticity of the project information, the rationality of the market value and the credibility of the team and the risks of user investments accordingly.. Meanwhile, since Blockchain has the nature of decentralization and globalization, it is very difficult for countries and governments to regulate the entire industry effectively by administrative orders.. Combined with the brutality of the investment climate and the prospect of get-rich-quick, the frequent phenomenon of fraud has left many investors hurt and unrest in the industry.. When many “air” projects raise large sums of money and leave the market, who will take care of the situation?
Can MyToken fix the investment ecology?
MyToken, committed to bringing a healthier future to investment ecosystems starts at the pain points. The project started with a breakthrough in the cryptocurrency business in August 2017. After six months of high-speed product iterations, it has become the price monitoring app with the largest market share as well as the most active user base in China.
After a six-month development period, MyToken has hit the cryptocurrency industry’s first pain point successfully solved: To meet the needs of one-stop view of instant price between different exchanges to enable easy exchange.
Currently, MyToken has more than 400,000 users, more than 150,000 DAUs and more than 50 cores. It has become China’s most popular market and information platform with its user group. The app now covers iOS, Android, HTML5, and Mac.
However, the price tracking app is just the starting point for the platform to build a full “business empire”. Today, MyToken is creating a healthy cryptocurrency investment platform to further improve industrial pain points and provide a bidirectional and transparent ecosystem for the development of the crypto market. aims to create an efficient investment environment that helps them contribute. It enables investors to reduce their understanding of the Blockchain industry and project parties with the most objective and unbiased data, information and tools, reduce decision-making costs and more effectively integrate into the Blockchain world through data consolidation, UGC, community and ecosystem services.
On the other hand, MyToken will promote both decentralized technology and token system, with the aim of attracting both decentralized technology and business partners to create an ecosystem investment ecosystem.
MyToken’s large user base and successful operational experience, Helps provide a two-way transparent ecosystem. Also, mature projects often tend to be more popular with investors.. MyToken’s achievements and reputation in the industry raise expectations.
Can the culture-focused team be a clear trend in the industry?
MyToken has turned into a clear stream in the cryptocurrency market full of “air” projects it seems. Today, the platform is gradually expanding, transforming its ecosystem and based on business architecture after transformation, issuing the ERC20 standard cryptocurrency and calling it MT. ” will be. At the same time, ecological value is more deeply committed to promoting value investments to all its members and investors.. The system will allocate the MT contribution periodically according to the amount and duration of MTs held by users.. MT contribution will be linked to user rights in some scenarios and will be consumed during user behavior. In the future, MT will demonstrate great value through the improvement and improvement of MyToken business, mainly as follows:
The platform establishes the information channel between the project and the user through the right advertisement, while MT is a value for the realization of circulation between the advertiser and the user. acts as a carrier.
The platform connects with major exchanges and provides one-time trading services for investors, while;MT will be used to offset fees in the transaction process for users.
and selects credible projects that will help investors create more accurate channels for mutual choices and create suitable offshore ICO platforms. Project parties can distribute fundraising knowledge accurately through MT, ensuring that investors can get good experience and a consistent operating interface, and avoid complex and tedious processes through single-point KYC certification.
Ecosystem-based platform, quantitative uptake composes a relatively complete data service such as trading, investment trading, derivatives trading, smart contract audits, and professional project evaluation. Developers and professional teams can charge MTs from users as a service fee. Meanwhile, MT contribution will be consumed when MyToken is about open source.
The platform is setting up the DApp Store. Project parties and developers can use a certain amount of MT contributions to release their DApps in the DApp Store and pay the MTs to ensure better delivery of performances.. Users can easily search or add their favorite DApps in the store and make suggestions and comments.
Building an active and reliable UGC content creation platform. As a value bearer, MT circulates on the platform and becomes a value bearer for users to create content.
Iris Zhang, partner of MyToken consultant Spectra Ventures & Advisory, states that products with high-frequency user behavior approaches are more prone to traffic intrusion.
Zhang:
In the next 3 to 5 years, this industry offers a chance to rise unilaterally. At the same time, estimates show that MyToken’s monthly profit will largely count as ten million CNY.. Moreover, MT’s growth opportunity is also comfortably met by the mechanism that includes token buyback, and it is very likely that it will meet its goal of token buyback to reduce its circulating amount to $4 billion.. However, the continuous growth and collaboration demands of users will definitely draw a lot of attention to MT.
MyToken brings an ambitious plan for the Blockchain world, at the same time, its healthy and stable development model becomes a clear stream in the Blockchain world.. As we can see, new reforms and challenges are being removed in the irregularly developed cryptocurrency space.. MyToken can help more people participate in the transformation of the Blockchain era, faster and more effectively, if they can make effective connections between the Blockchain world and the traditional ones, jointly creating a bright future for the entire industry and human world.. Blockchain-based project parties and investors help all people better understand the world of Blockchain projects and technology.
ICO page will be active soon, don’t forget to write down the website: https://tokensale.mytoken.io
You can add the project’s Telegram admin to get 200 MT for free: spectaofficial
WeChat: spectravc
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