Meritt Protocol - Makes Blockchain Protocol Simple for Anyone
If you wonder is there an easy way to implement your blockchain based platform to fund your business or to get money lending from investor then there is a good news for you. Meritt protocol is a new revolutionary way that makes Blockchain Protocol Simple for Anyone. Now you can easily switch from the centralized minded system into the wonderful world of distributed blockchain platform in an easy way. Focus more on your target/purpose and let Meritt protocol takes cares of the technicality.
Meritt is an open protocol for decentralized issuance and distribution of tokens on the blockchain. Meritt asset class agnostic protocol Loan & equity can be easily issued in form of bespoke and unique digital assets. Services or assets ownership can also be transposed onto digital assets and traded. Meritt sovereign ID and secured data ownership Full control and ownership of personal data in encrypted private storage. Disclosure on zero-knowledge basis. With Meritt protocol users can build and deploy on-chain digital assets or token: Choose the features users need for their token & implement distribution using the Meritt building blocks. The simple way of saying it, Meritt is Open protocol for self-governed creation and servicing of peer-to-peer financial contracts on the Blockchain
In the very near future, a lot of the world’s interactions will be intermediated by unique digital assets (or blockchain tokens). In addition, millions of new decentralised economies based on communities will thrive on the blockchain, each with their unique tokens operating in a direct peer to peer environment without a middle man. For example, a community could decide to issue its own digital assets and sell them to members to vote on and fund a project that benefits the entire community. The community issuer decides on rights attached to the tokens held by members, these could be voting rights for members to vote on the use of the total proceeds, or rights to dividend from potential profit made by the project. With Meritt, individuals, communities and businesses can now easily issue bespoke and unique digital assets with ease and without fees or intermediaries. This simple, but revolutionary tool is the key to decentralising essential services and activities like issuing a community token or equity to fundraise, issuing a loan to get finance or issuing a token to trade assets or services directly with peers.
Meritt also can act as a platform for managing global and centralized cumulative scores and loyalty. Meritt allows you to manage your wallet and integrate more than one partner at a time. Companies have more customer access, allowing them to sell their products quickly. Modeling models help Meritt companies effectively reduce their obligations. Partners can encourage more loyalty to potential customers who use feeds and tasks storage.
Simple way for using the Meritt open platform are for:
Setting goals for new contracts. Meritt’s financial contract complies with the ERC20 standard, which sets the basis for token transfers and separations. Transfers can be restricted to closed user groups and temporarily suspended (tokens can be frozen).
Dynamic payment channels. Any payment from the token publisher of the contract (eg, dividend payment by the company) to the pool member is automatically transferred to the wallet in respect of where the published token is stored. The allocation takes into account the proportional distribution of the underlying asset.
Voting and two-way communication. Voting mechanisms can be public, and votes are transferred directly to the contract for evaluation. Alternatively, votes may be private, and only hashes are submitted to the contract to ensure the authenticity of the voice. The Two-way information channel mechanism is that the contract token publisher can send messages through the smart contract to all Participants to comply with the information obligations. Participants can send a message to the publisher when a contract is required.
Simplicity in createing smart contracts and their implementation. Through the Merit dApp networking network, companies seek funding, create and issue financial contracts, appropriate contract tokens are struck and placed in special distribution contracts, which automatically send the contract token when receiving payments from participants (such as vending machines).
Database to save the created contract. Participants and observers may request the Meritt register to obtain data on the existence of the Meritt contract (to the extent available publicly), as well as data on events related to each contract.
Datastore Framework. Allow Meritt users to manage and provide identity and other personal information in a consistent environment and provide limited access to their data. The data itself can be placed independently or stored in a distributed data store.
Meritt token ticker is MTT which is an ERC20 ethereum based token. Meritt Pre-sale Ends in 20 September 2018. Meritt ICO start at 20 September 2018 and shall end on 20 October 2018. The Meritt Minimum investment is at 0.1 ETH with the current valuation of 5000 MTT = 1 ETH. Token Supply at 1,200,000,000 while available token for distribution is only at 504,000,000. The Soft Cap is at 5,000 ETH while its Hard Cap is at 32,000 ETH.
Meritt protocol is airdropping up to 500 MTT tokens to the first 3000 participants and 100 MTT tokens to the rest of the participants. Register to their website, verify and log in, join their Telegram group and post a message, follow them on Twitter and submit your details to the airdrop page to receive up to 500 MTT tokens. Invite your friends to earn 50 MTT token per referral.
The Meritt project is set to offer an open protocol that will allow businesses, communities, and individuals to issue and distribute their own bespoke digital currencies on the blockchain. The platform will be fuelled by the Merit token. The token goes under the MTT ticker and is compatible with the ERC-20 standard. The supply of MTT is 1,200 million tokens. 504 million MTT will be available for distribution. The allocation of tokens will be carried out in the following manner: 42% - public sale, 33% - infrastructure partners and platform adoption, 25% - development team, advisory services, and other expenses.
With Meritt, anyone can easily create & distribute their unique digital assets themselves according to their need - whether to issue a token for a community to vote on and finance a project, issue a loan to get finance or issue a token to trade services directly with peers. Meritt removes the middle man and the fees and puts the power back into your hands. Join the blockchain revolution and try the Meritt dApp for your business needs. Meritt is a feature-rich, decentralised protocol for creating P2P financial smart contracts with dApp already built on the Rinkeby testnet. It offer reliable, fast and secure platform for your transactions without compromising the privacy aspect.
Meritt offers a true integration of decentralised marketplace for assets. So asset gets listed in the marketplace right after creation automatically. People can select and fund any asset with the help of help. People can trade those assets.
Speaking of types of Digital Assets, Loan Tokens, Utility Tokens, Security Tokens and many more coming in the future based on business plan and business needs.
Meritt developers are confident that they will be able to succeed in this segment. With the power of artificial intelligence, Meritt valuation may increase much in the future, as well as the cost of this company and its chips. Meritt can be a good long-term investment for you, as it is likely that the company will offer a good return on investment. Meritt offer the very base for building the blockchain platform needed for whatever business industry to reap the full benefit of implementing a distributed blockchain system. Meritt will be the answer that enable many organization to offer its own cryptocurrency as well as supporting new corporation that can grow their asset based on cryptocurrency.
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