MEXC ICO

The MEXC Economy is a full loop eco-system that connects the buyers of MEXC Tokens during ICO as well as post-ICO at participating exchangers, to the industry players in the EMS industry to purchase our patent-pending EMS products and services using M X Tokens.

It addresses the volatility of the token prices by introducing the internal token, M X Token, to dampen the effects on price volatilities when mapping real world products and services to fixed price points. It also provides exchange solutions whereby, prior to this, all tokens have to be converted to Bitcoin, or Ethereum before they can be cashed out to fiat currency. With the clamp downs on crypto-currency, especially Bitcoin, token holders are limited by available avenues to exchange their tokens from crypto to fiat. With M X P2P Exchanger, MEXC Token holders can swap, or exchange their EMS Tokens directly to fiat currency in a peer-to-peer fashion. This is among the first in ERC20 tokens.

A blockchain-based Enterprise Resource Planning (ERP) platform is another novelty. It is a decentralised ERP system whereby all processes, from the sales, to the manufacturing, and to the delivery of the products are mapped, tracked and monitored to ensure transparent non-repudiation process, as well as secure traceability on the Ethereum Network through the use of Ethereum Smart Contracts. These smart contracts are being queried via DApp that can be accessed via Mobile Application, or even through the Chrome Web Browser itself. This is also the first in the EMS industry.

With the use of decentralised ERP, we can achieve more, such as:

• Decentralised Manufacturing: decentralised manufacturing ensures efficient resources are being used. Only the core components should be manufactured directly by us, while the rest of the components and assemblies should be done at a location where there is a price advantage over material costs and finishing. This should lower the price to the end users by locality.

• Decentralised Marketing: we can make our marketing efforts more efficient by targeting specific needs and concerns for each geographical location. Only the local distributor knows the affordability of the local market. The price point is set by us based on the local affordability.

• Decentralised Distributions: we can orchestrate the distribution in a transparent, immutable and secure traceability through the use of our Decentralised ERP on Blockchain. No single conglomerate can control, and manipulate the prices to their advantage.

These benefits are then plowed back to the community where more efficient, cheaper and transparent EMS products and services could be delivered to the masses.

MEXC Economy consists of a few components:

• The MEXC Tokens: where the ERC20 utility token is created for EMS industry

• The M tokens: the internal ERC20 tokens for Medical and Emergency X

industry that is pegged to the US dollar
• P2P MExchanger: a P2P application for converting MEXC Tokens to M

XX

tokens

• The Mobile Applications: where the EMS industry players use to purchase

  products and services using M X tokens

• Decentralised Voting: all decisions regarding the MEXC Token directions are

  open for voting by the MEXC Token holders.

• The Blockchain Enterprise Resource Planning Platform: A Web

  Application with smart contracts that track the resource and utilisation of EMS activities that consists of:

  • The Web Store: Distributed Application (DApp) that manages the listing of products and services on EMS

  • The Manufacturing Tracking System: DApp to monitor manufacturing activities of EMS products

  • The Delivery Tracking System: DApp to monitor delivery of EMS products and services