MYTC: Trading Platform using Blockchain

apritiadahenti (6)in #ico • 6 years ago

If you are part of the community of small and medium enterprise involve in trading goods or stuff with the common currency then you should seriously consider MYTC platform. MYTC use blockchain technology as its backbone to provide a decentralized bartering / trading where trust and audit-able transactions is the main focus for everybody involved.

MYTC introduce the digital cash into the traditional marketplace, especially for those small and medium trading organizations. By using MYTC then organization can focus on their sales activity and while MYTC will handle all the digital cash transactions in the background to ensure trusted transactions. As MYTC uses a common form of digital currency, it solves the problem of needing a double coincidence for a successful barter trade. MYTC will allow for the individual to use and trade with who ever they desire without having to seek out another member to coincide for the trade. As MYTC is a digital currency, the asset can be stored and used anywhere and at any time when required by the owner of the currency. As the owner can barter their products and services instantaneously and obtain MYTC tokens, this solves the problem of any deferred payments.

With many existing trading services, users are restricted in a number of ways: 1) access to members of other platforms is limited; 2) they are charged excessively high fees; 3) they have to go through a centralised ledger; 4) users cannot always trade without members; and 5) businesses are restricted by only being able to trade with entities that they know, or are located close-by.

MYTC seeks to change all that. They intend to create a decentralised platform for small/ medium enterprises to use a common currency to conduct reciprocal trades and barters. MYTC seeks to help small businesses improve themselves through the use of digital cash on the revolutionary block chain technology.

The MYTC team is building the next generation of online business-to-business exchange that is based on blockchain technology. Our goal is to provide a more efficient, intuitive and transparent trading platform. Our aim is to improve the existing trade/bartering landscape and address the significant problems it faces such as fraud transactions, privacy and inflated pricing, and high international and local transaction costs, through the use of disruptive technology; the blockchain.

The purpose of our Pre-TGE round is to ensure community interest in our platform and get pre-seeded funding for our aggressive marketing strategy plan. This will enable us to avoid traditional venture capital funding, and still gain some influence before we launch our TGE fully.

Business owners like to exchange/trade because it saves money; Moves excess stock or idle inventory and fills their idle time or spare capacity. Most likely, you have conducted a barter/trade one-to-one. Deal in the past, and the result was a win. However, while these direct barter/trade transactions can be effective, they lack flexibility, which limits how often they can happen. The task of using a direct one-to-one exchange–you may want something like this.

Business has, but they may not want what you have. By creating a crypto of barter/trade tokens, you can trade barter products with a growing list of participants around the world. The trade token has created a flexible, secure and fully accountable way for businesses to trade or trade them.

MYTC will act as common form of currency to buy and sell when bartering between small and medium enterprises. MYTC provide AI within platform allowing for buyers and sellers better understand each other so trading becomes more transparent and trust is increased between the two parties.

MYTC Pre-ICO information are as below:

Category:TradingVerified

Team:No

Whitelist of investors:Yes

KYC of investors:Yes

Goal of funding (Soft cap): USD 5.000.000

Goal of funding (Hard cap): USD 17.800.000

Tokens for sale:112.000.000 MYTC

Token price:1 MYTC = 0.065 ETH

Minimum purchase:50 MYTC

Maximum purchase:10.000 MYTC

Airdrop program:No

Bounty program:Yes

Have escrow agent:No

Have working prototype:No

Currencies:ETH

Platform:Ethereum

Location:Australia

Website: http://www.mytradetoken.io

The crowdsale will fund the initial development and adoption of the MYTC ecosystem and platform. Token Generation Event (TGE) shall commence 1st September and will last 30 days or whenever the hard cap of 17,800 ЕТH is
reached.

MYTC goal is to provide a more efficient, intuitive and transparent trading platform. The aim is to improve the existing trade/bartering landscape and address the significant problems it faces such as fraud transactions, privacy and inflated pricing, and high international and local transaction costs, through the use of disruptive technology; the blockchain. MYTC see the need for innovation in this area. MYTC believe can give empowerment to those Small and Medium Enterprises (SME) with a platform that is secure, transparent and beneficial for all the parties involved in the process

OUR TEAM