MCOIN
ONEM is a unique, inclusive cryptocurrency that works without the internet. It utilizes LiteconBlockchain technology to facilitate a cash-like payment system. It, therefore, creates a financially inclusive platform for businesses and unbanked people. Alongside ONEM apps, this cryptocurrency will generate more economic activities complete with transaction records necessary for micro-financing in emerging markets.
PROS
- The platform employs state-of the-art digital technologies to revive mobile voice and SMS. Consequently, all its services are inclusive and available across all platforms.
- The platform’s Hybrid App utilizes both SMS and internet and hence can reach individuals who own smartphones but do not have internet connectivity.
- T features a unique framework in which the platform can take third-party content and showcase the same interactively through SMS.
- MCoin is devolved, transparent, and geared towards emerging markets. It is specifically intended to narrow the digital gap and as it accords users connectivity to modern digital systems.
- It includes a handy virtual wallet that uses voice and SMS to manage transactions on the platform thus guaranteeing security, utility, simplicity, and compatibility.
- Whitepaper: Besides using uncomplicated and easy to understand language, the whitepaper is comprehensive and covers all aspects of the platform.
- Team: MCoin enjoys the backing of highly skilled and accomplished individuals who utilize their rich knowledge in the block chain systems to make the system a success.
CONS
- The platform does not include an affiliate program that has been tried and proven to propel new inventions to greater heights.
- The Team: While the team is composed of qualified individual, the total number of people is very small. Many team members create the diversity that goes a long way in enriching a system.
- The decision to use MCoin ICO proceeds to boost initial utility demand for MCoins in target the may flop because the exact amount from such initial coin offer is uncertain.
SUGGESTIONS
- MCoin should consider introducing an affiliate program because it holds the key t decisive penetration in the market.
- The platform should recruit more team members, and raise the ratio of men t women so as benefit from perspectives of both genders.
- There is a need to source for funds from other avenues that will create initial demand for MCoins because relying on proceeds from ICO may send the wrong signal to prospective users.