Moneytronix - Real Estate Crowd-funding on Blockchain

Introducing the Worlds First "Smart Media Contracts"

By: JacobCards

Moneytronix intro video:

Moneytronix discussing Smart Media Contract on the Beyondbitcoin talk (28 minutes in):

Introduction

Moneytronix Series LLC is a Delaware structured crowdfunding real estate investment company that is implementing the use of the Bitshares alternative trading system and the Steemit social media platform, in the process of fundraising and issuance of real state member ownership shares. Each are separated by series which represents a complete set of separate entities . Each series has it own set of member ownership shares , its own portfolio of properties , its own funding goals and its own limited currency supply as well as its own profit/Loss and distribution payouts. These graphene units of value softwares will be the underlying foundation of the Moneytronix user experience. Blockchain now allows the average investor to buy Member Ownership shares by completing verification Process’s such as K.Y.C/AML and appearing on a white List. This will allow them to purchase our tokens member ownership shares using other acceptable Cryptocurrencies. It also allows for early Liqidation or the decision to hold for the entire 24-36 Month period for a higher R.O.I....: Bitshares will be the core of the Moneytronix exchange. Bitshares provides easy user experience and high level security that is ideal for trading and the storage of funds. Steem will be used as the gateway to advertise actual property listings, and initial crowdfunding. By harnessing and utilizing these graphene units of value softwares Moneytronix will create one of the few real life user-prioritized blockchain applications.

Smart Media Contracts

A Smart Media Contract is a written agreement attached to a product’s visual media content, physical description, and pricing, that can be used as an immutable contract of reference, for both merchants and customers participating in said agreement. The merchant or provider, of the products visual media content, will be obligated to provide the customer (or investor), with the exact product (in this case real estate) represented by the smart media contract’s visual content. These contracts will be verified by the STEEM community and the customers through a “Proof By Review” protocol. Proof By Review is simply made by past users rating merchants based on their own customer experience in the exchanging of cryptocurrency with tangible goods or products. If the customer has a bad review, and enough community support, they will be refunded by the community through upvote rewards. After getting good or bad reviews future customers will then know the reliability of each listed merchant. The ability to issue tokens, without cost from the community, provides an effortless escrow based on the reassurance of community governance. Funds will never be held by a third-party (including the blockchain protocol)(which is included in typical blockchain Smart Contracts). “Smart” Media Contracts are not “smart” through the blockchains ability to act as a third party escrow, but rather “Smart” due to STEEM’S “Proof of Brain” protocol, with a thinking & personal community acting as its own “Smart Escrow”. In review: Smart Media Contracts will use “Proof By Review” protocol in the exchange of cryptocurrency for products or tokens, and, “Proof Of Brain” protocol in the refunding of customers in the case of unsatisfying merchant sales or execution. Customers reviews will also be in place in Smart Media Contracts to reduce complaint / refund abuse. Smart Media Contracts are the first of their kind to allow two parties to transact with the reassurance of funds through a mediator (the community), rather then a vulnerable third party holding, including the blockchain protocol.

Moneytronix, Bringing Smart Contracts To the STEEM blockchain

Moneytronix will be creating the worlds first Smart Media Contracts using the STEEM blockchain by posting pictures and drone-shot videos of Moneytronix real estate listings. This media that is submitted on the blockchain will provide users with a media visual that is liable to be the exact property that Moneytronix Series shares are representative of. Smart Media Contracts give customers / merchants comfort in investing and the purchasing of a product by getting “Proof By Reviews” through a platform with immutable “review” data. Most content creators or merchants can censor their listeners which doesn’t allow users to get honest perception of optimism.

Roadmap 2018

Q2 2018 - Moneytronix seeks fundraising of 1.5 million $’s for token sale through both convectional methods and cryptocurrency. Moneytronix participates in the buying and renting of property, beginning to generate token ROI.

Q3 2018 - Moneytronix releases real estate specific Smart Media Contract on the STEEM blockchain.

Q1 2019 - Crypto Centric Blockchain Networks (Moneytronix partner) releases unspecific Smart Media Contract Dapp On the STEEM Blockchain

Smart Media Contract Dapp

Using the funds raised; Moneytronix will not only provide its holders with a 15% ROI but also will provide the resources needed in the building of a Smart Media Contract Dapp (specific to real estate) on the STEEM blockchain. The Dapp will consist of a new user interface rebranded specifically for “Moneytronix”. When users post, they will no longer be posting with the incentive of “social” interaction but rather interactions and engagement driven with business incentives. “Posts” will act as advertisements similar to “ebay listings”. Beneath these listings users will be given the ability to “leave a review” rather then “a comment” with upvotes acting as a “ratings bar”. Proof By Reviews will then verify the liability of the merchant. Proof By Brain, provided by the community, will then insure the the two parties by upvote or “ratings” mediators. Unlike defined “Smart Contracts” the two parties will not be guaranteed the fulfillment of agreement by two separate key signatures. Smart Media Contract will contain two layers of customer / merchant liability filtration through the Proof By Review & Proof By Brain protocol. This model puts responsibility on the customer to practice “due diligence” by reading previous customer reviews before purchasing a product or token. The second layer of filtration, again, is the Proof of Brain protocol that allows mediators to moderate merchants. Well retailed merchants will be good reviews and high ratings. Bots upvoting would also have to be monitored. “Ratings” will be used in order to separate well funded accounts from empty bot accounts (a users “rating power” will be dictated by the steem power they have.

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