Masternet - A Multi-system Interconnected Platform

in #cryptocurrency6 years ago

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Masternet is a Multi-system Interconnected Financial Platform being the community project built for the Akasic Global project and designed for a greater aim: to integrate with other Blockchain projects in need of real users, catering to everyday’s needs of a huge and prosperous community.

Problem

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As a matter of fact, till May 2018, there have been more than 80,000 projects launched worldwide. Yet, over the first half of 2018, more than 1,000 cryptocurrency projects have been considered as “dead projects” according to TechCrunch’s report, based on the 2 websites Coinopsy and DeadCoins.

They define the problem is that many blockchain projects have been considered as "dead projects" since there is no community that is strong enough to support them. As stated in their Whitepaper, Bitcoin is the king since it has been there for a decade, having gathered a large number of people supporting its idea.

Solution

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From there, they came up with a solution of becoming the community builder and provider for all the blockchain projects. They will provide the community with knowledge and benefits from their blockchain projects partnerships. And at the same time bring strong and healthy communities to those projects in return. With that way, both sides will have benefits. Especially blockchain projects can just focus on what they do best: improve their products.

Vision

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Their vision is to become the World’s Top Crypto-related financial company with an Interconnected and Open Ecosystem that Caters to Everyday’s Needs of a Huge and Prosperous Community. Which means all the communities and blockchain projects that work with them will benefit together and thrive.

Mission

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All of the things they do are meant to allow Blockchain mass adoption to take place. As mentioned above, blockchain solutions are being kept from the reality due to the reason that many projects lack a strong community to support them. Masternet wants to solve that problem and foster Blockchain development.

As the first step, building a strong community for the Akasic Global is their primary target with the goal of creating 50 million users for the Akasic Global ecosystem and bringing the MASH coin to the top 10 cryptocurrencies with the biggest capitalization world. In fact, Masternet was originally born from the help of the Akasic Global and meant to be their community building project.

I will have a detailed review on Akasic Global ecosystem later on. Please stay tuned.

Roadmap

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They have a clear roadmap with reasonable development plan where they will focus on in each stage. I believe they focus on the business side first - since its' the core value of this project as well - connecting and gathering people.

Tokenomics

Token Symbol: MASH
Token type: ERC20
Total Supply: 200,000,000
Token distribution:
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Product & Market Development: 100,000,000 MASH
Team & Advisors: 80,000,000 MASH
Big Partners: 20,000,000 MASH

Exchanges

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MASH is now being traded on 2 exchanges: Livecoin and Stock.Exchange. You can access these 2 exchanges to get some of your own.

Bounty Program

Masternet is also organizing a bounty program that worths $500,000. You guys can follow the link below to access: https://bitcointalk.org/index.php?topic=5010706.msg45211461#msg45211461
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Including:
Airdrop: 10% (ENDED)
General Social Media Campaign: 20% (Twitter and Facebook)
Articles Campaign: 20%
Review/Instruction Videos Campaign: 20%
Project Experience Photo & Video Campaign: 30%

Conclusions

Masternet is a highly potential project in the context of our currency bearish market - when they define and connect with potential blockchain projects while they still have little community - meaning still in low value - then grow these projects with Masternet's community -> profits for all.

Links

Masternet Website: https://masternet.io/
Masternet Whitepaper: https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
Bct: https://bitcointalk.org/index.php?action=profile;u=1856438