Being one of the digital platforms by applying technology will definitely make Moco a market that also contributes to the use of digital in it. Every service they provide and is determined to be paid, it can be paid through Moco . This has several other functions besides as a payment instrument. However, before knowing more about what functions Moco have, it’s good to know in advance the specifications of the Moco .
Introduction to Moco Digital
Moco are digital assets that operate on this platform. The symbol of Moco is MoCo, which stands for Motion Communications. Moco officially issued this as an ERC20 type utility . This type is commonly found in a number of other digital which means the system is protected by technology which is very phenomenal. makes this digital have its own security system that can protect it both during storage and when distributed. This is considered easy to use and directly implements smart contracts in transactions. also prevents excessive loops and DOS attacks against crowdsale. Besides the GHOST protocol will speed up the creation of new blocks so that transactions can also run faster. The duration needed for transactions into blocks is 16 seconds. If there is a delay, the duration of the transaction will be increased by using off-chain technology so that the transaction will not experience a longer delay.
Distribution of MoCo
MoCo is planned to be distributed in a very large amount, which is 8 billion MoCo . The distribution of these will be divided into several groups, including 15% for the Moco internal team and advisors involved, 20% for use in marketing products and distribution of sales, 20% for crowd sales or to obtain platform development funds, 20% for returns to the community, and 25% is used for returns on the part of the company that has a partnership.
Allocation of Funds for the Benefits of Selling MoCo
Funds obtained from the proceeds from the of MoCo will be allocated to several categories, such as 15% used as refunds from a number of related parties, 10% to complete platform operating licenses, 20% to market Moco’s products and develop promotional activities to better introduce Moco told the public, 20% to build and refine the infrastructure of the platform and complete various projects that were still pending, 20% to finance the making of Moco software in the form of social media applications and games, and the remaining 20% was used to develop Moco’s products.
Sales of MoCo
Moco set a soft cap or a minimum target of the profit they can get is 6 million USD and the hard cap or maximum profit target is 28.8 million USD. The selling period for MoCo is currently underway. sales have been going on since April 1, 2019 and will continue until September 30, 2019. In this , Moco does not give bonuses to users because this is the last sales period and is the period of of the main MoCo and opened in general. But Moco will give bonuses of more than 10% by using the referral link in the user’s Moco digital account. Previously, Moco has held 4 Pre-Sale sales periods which first took place on June 20, 2018. Purchasing MoCo can be done using digital currencies, such as () and (ETH) and can also use fiat currencies in United States dollar form.
Function of MoCo
In general, MoCo are specifically functioned for payment services on this platform. Any features or content of interest can be purchased using MoCo . This can also make it easier for every user who does not have a bank account to obtain services. They can be involved indirectly in trade but have greater access to trade conditions through the cryotocurrency market. MoCo is a product that offers solutions to reduce the risk of financial loss. The use of MoCo will prevent users from risking a decline in currency values because the system works in a different scope. By using MoCo digital , this will create a new economic zone for each holder of this .
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Published at Thu, 18 Apr 2019 10:28:25 +0000