My Place X

My Place X

Created using Figma
Created using Figma
More than half of the world’s population has no recognisable address and therefor are excluded from basic services, services that we take for granted. With the use of Blockchain, Smartphones and GPS, we are establishing an identifiable addressing and identification system for the people in order to make them part of the more structured society and economy.
ICO
Nov 25, 2018
Dec 15, 2018
100% completed
Raised funds - no Data
Cap 1 500 000.00 USD
past
  • 1 MPXT
    =
    0.05 USD
Token Details
Ticker
MPXT
Total supply
30000000
Token Distribution
Pre-ICO = 2%
Main ICO = 80%
Accepted Currencies
ETH
Min Contribution
1
ETH
Company Details
Registered Company Name
Spot-X
Registered Country
South Africa
Company Founded
Aug 8, 2018
Bonus Structure
None
Additional Details
MVP/Prototype
Yes
Platform
None
Whitelist
Yes ,
Categories
Platform

About My Place X

The My Place X system makes use of 3 important technologies; smartphone technology, GPS and Blockchain technology. We will be implementing a type of blockchain that effectively is an unmutable distributed relational database. The user records the GPS co-ordinates using his smartphone. Since the accuracy of smartphone GPS is 6 m at best, the user also takes a photo of the residence. All this information, together with more traditional information, e.g. ID photo, name, surname, traditional address information (if available), is recorded and encrypted using the user’s private keys. More elaborate information, such KYC, ID number, etc are stored at a later date and linked to the original information block. When the user wants to retrieve the information, he submits to the network a list of the information fields he wants to provide to the end user, the network nodes and servers validate his request, they retrieve the information from the main blockchain and store the encrypted information on a sidechain for only a limited time period. The end user can then retrieve that information from the network within that time period and decrypt it using the users public key. The transaction is considered to be completed. (Naturally it is a lot more complicated, but is does explain the basic principles of the system) The My Place X system will accept existing cryptocoins to pay for the transaction fees. The MPXT tokens are purely there to determine the Proof of Stake. A wallet will be provided to trade these tokens.

My Place X Roadmap

  • 2018

  • See website

Activity

Followers:
0
VERY LOW
Tweets:
1
VERY LOW
30 Days Growth:

My Place X Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Stefan Meyer
Software Developer
unverified
Arlene Smit
Marketing and Adoption
unverified
Detlef Romatzki
CEO, Software Developer, Enterpreneur
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Louis Botha
Project Engineer, Advisor
unverified

My Place X Last News

N/A
5.0 2
ICO Profile Vision Activity Potential Product Team
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