The decentralized infrastructure upon which MXC’s system is based is the future of Low Power Wide Access Network (LPWAN) and the Machine eXchange Protocol (MXProtocol). Utilizing this solid device network foundation, MXC is introducing an extraordinarily unique coin offering, Machine eXchange Coin (MXC), which allows for increased data transactions and an idiosyncratic data flow monetization within the mammoth data market.
MXProtocol places a keen focus on reducing collision between networks, constructing an inter-chain data market, developing a market for network coverage and introducing an independent Quality of Services (QoS) framework for both data providers and receivers. For the first time ever, individual network users, corporations and enterprises can all participate in the construction of decentralized, ubiquitous and secure LPWAN. Simply by connecting “anything” to the network, adopters will be able to profit and trade MXC.
The trading network is built on the premise of the “sharing economy.” Therefore, it is uniquely and exclusively owned by users — both individuals and enterprises — who take advantage of the monetization of the network in two ways: 1. By increasing uplink and downlink coverage via a Gateway, e.g. a MatchBox LPWAN Gateway, Cisco LPWAN Gateway 2. By unleashing access to a massive network of published and traded data to the marketplace which is securely traded using blockchain technology
Attention. There is a risk that unverified members are not actually members of the team
Strength and Opportunities:Machine eXchange Coin (MXC) offers a unique and specifically designed decentralized technological “Data Trade Network” to the global Token economy. Data can be shared on a mass scale whilst ensuring absolute end to end privacy. The MXC intends to be distributed amongst data owners, data receivers and data network hosts, paving way for a facilitated cross-over from a “commodity” based Coin into an everyday trading Coin currency.Weaknesses and Threats:The company has a short history, considering it has been operational for only one year. Furthermore, the equity funding round only occurred four months ago.The CEO’s experience in business development is as yet not known. As such, a number of investors may be skeptic about investing in the company due to lack of confidence in the CEO’s ability to successfully spearhead the project as well as in playing a critical role as a figurehead.The company’s roadmap is kind of vague and this makes their hard-cap of USD 24,000,000 a bit too high.Verdict:MXC is a financially sound project with great outcomes for the industry. Incentive to use and a strategically placed position in the industry is an added advantage in this case for long-term success. It comes bundled with both first-mover advantage as well as a competitive advantage, given it is backed by MatchX. Be that as it may, taking into keen consideration both the company’s strengths and weaknesses, this could be yet another data marketplace protocol that is not highly valued by the market. However, in our opinion, this is no reason to recoil from the project. The pros undoubtedly outweigh the cons and considering the project has made great advancements while still at its youthful stage, we believe there is so much more coming ahead and they have a GREAT future.
● MXC allows for a decentralized data exchange combining LPWAN technology and blockchain. The protocol facilitates exchange between devices in range or over internet where the sensors collect data from devices and send to a gateway. ● Token utility: pay for network usage and receive payments from selling data and services. Long roadmap but with first Anti-collision module already in Q4, followed by Smart Bidding and Inter-Chain Data Market. Hardware prototype already exists produced by MatchX - working company with an existing user base founded by MXC CEO Sheen Xin Hu. MXC will enable monetizing this tech and as a protocol can build on top of any permissionless blockchain including IOTA and Stellar. ● Team has experience in hardware engineering, LPWAN for industries and business development. Fenbushi and Draper already invested and partnerships with Polkadot, Quarkchain and Vechain have been established. The partnerships should help, as the core team is lacking in blockchain experience at the moment (but is hiring more devs). Additionally, the presentation of the project on the website and in the official documents is lacking - but we hope it improves as the mainsale approaches. ● Presale locks are very long, so the circulating supply should be very low after listing which should reflect very well on opening token price.● Opening rating at 80.1% but this will probably increase with more community excitement, improving market and quality hires.
Passing on Perlin, Origo, and Machine Exchange Coin for not having all-star teams (2+ all-stars) in my opinion.
This project could be next IOTA or bigger as Top Institutions, and VCs are backing the project. While there may be no MVP and roadmap may look long, but the team certainly is sound and looks capable enough to execute the plan.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.