Introduction
By building a global peer-to-peer network, Mycro connects people who need simple job support with people who are looking for some extra money in real time.
It's more than just an idea. We recently launched our working MVP on TestNet. Through our user-friendly platform, users can offer or apply for any short-term job, ranging from home, delivery, virtual, and skilled services. Using intelligent and self-learning algorithms known from dating platforms, Mycro matches these jobs in real-time with the right jobber. The job will simply get done.
The Mycro token (MYO), the fuel in our ecosystem, will enable a trustless transaction through decentralized escrow payments and rewards users for creating one another's reputation and advertising the platform.
Mycro plans through its upcoming token sale is to raise $14,000,000 by offering 66,000,000 Mycro tokens. Funds raised will be used to develop the Mycro protocol, the Mycro mobile application (iOS/Android) and to create rich-liquid markets for services supply and demand through our global go-to-market roll-out strategy. This will result in a strong demand for token liquidity for the whole ecosystem.
Mycro is the ultimate solution to give people back control of their time while at the same allowing everyone in the real world to benefit from blockchain and cryptocurrency. The ERC-20-based token is supported by the $200bn worldwide value of human services. The token can be converted on the platform into real services. Access to jobs is only possible via MYO and providers a constant demand for the token and a source of revenue for the platform. By integrating Fiat payment gateways, Mycro aims to become a legitimate Fiat gateway to cryptocurrency that improves the overall ecosystem and accelerates mainstream adoption.
Vision
Time connects us all irrespective of our origin or social rank. Time is limited. Time is finite. We cannot retrieve or prolong time. In today's world, our time is mostly controlled externally. Time is controlled by our jobs, our customers, our social obligations.
We believe that every person in this world has the right to be in control of their own time. Implementing this right is our vision.
Therefore, we aim to create an equilibrium between time and money. We are establishing a global and decentralized peer-to-peer network for simple jobs. People around the world will be able to choose on their own what they do, when and for whom they work, and what their time is worth.
Our mission is to give every person access to this opportunity no matter whether they come from a village in Vietnam, the outskirts of Berlin, or downtown Manhattan.
The Problem
Non-existence of a worldwide platform
Everyone has a to-do list with dozens of undone tasks that would preferably be outsourced or done by an experienced person. But jobbers are hard to find. There is no global platform that unites demand and supply for home, delivery, and skilled services under one single roof, helping you to turn your to-do's into done's with the help of others.
High Fees
The new existing local platforms in the gig economy charge a commission of up to 30 percent. Budgets for simple tasks do not allow for high services fees, which kill offer and demand drmatically, limiting the number of tasks that can be outsourced. high operational costs for payments, settlement, and costly provision of customer services hinder the cost-efficient maintenance of a flourishing platform.
Centralization kills dynamism
user ratings and data have become one of the most valuable assets not only for platforms. Dominant players in the market restrict users from taking their own ratings to other platforms. They use their position as an intermediary to control the user's data, ratings, and reviewers in order to keep them in their closed system.
Centralized players dictate proprietary rating policies instead of liberating regulation around ratings. Despite intense efforts by the user to generate a positive rating, ownership is not been given to the user, and the rating cannot be carried onto other platforms. A centralized rating approach is strongly limiting the (online) gig economy to flourish.
The Solution
First global decentralized platform for simple jobs
Introducing Mycro. The first global decentralized platform for simple jobs with self-learning algorithms that allow for job matching in your neighborhood in real time.
Mycro is transforming independent work, building on the ubiquity of mobile device, the enormous pools of workers and customers they can reach, and the ability to harness rich real-time information to make more efficient matches.
The Mycro mobile application is matching instrument: it connects your tasks with a community member who wants to make some extra money by getting that task done in real time.
Low fees
Mycro connects users directly through its peer-to-peer network and cuts operational expenses by leveraging the blockchain and its community. By eliminating the intermediary, the high fees of up to 30% that are usually charged no longer have to be paid. Users pay only a fee of 0-5% for the use of Mycro.
Complete trust
Escrow payment: The remuneration will be sent directly to an escrow smart contract before the jobs start. The money will be held in trust by the escrow smart contract while the job is performed (escrow). Neither the job provider nor the jobber has access to the money. As soon as the job is completed, the smart contract takes care of the jobber's remuneration. Intermediaries or payment services providers are no longer required for the payment of a single job.
User verification: In addition, users go through a Know-Your-Customer (KYC) process. The user's verification status is saved in a decentralized way on the blockchain. Manipulation of fake accounts is ruled out in this regard as well, owing to the link to a blockchain. This creates the transparency and reliability that is needed for a functioning peer-to-peer platform.
Democratized ratings
A smart contract monitors every job that is performed. After the job has been carried out successfully, the smart contract gives both the job provider and the jobber the option to rate each other. These ratings/reviews are linked in a decentralized way to the relevant user's Ethereum address and encrypted and saved in IPFS data for every single user. in this way, subsequent manipulator or fake ratings are ruled out. Every user has 100% ownership of this or her ratings.
The Product
The Mycro application is explained. The mock-ups in this section are directly extracted from Mycro's already working prototype. However, the beat application will be considerably more developed and advanced. users are directly connected through Mycro's peer-to-peer network.
Key Values of the Mycro application
- Fast and easy useBecause it is available worldwide, you can find help or make money wherever you are.
- Job matching in real timeUsing Mycro's intelligent and self-learning matching algorithms that have been adopted from popular dating platforms, job providers will be connected with suitable candidates, matching vacant jobs with the right person in real time.
- Instant paymentMycro puts your earnings in your pocket the moment you complete the task, not weeks later, Trustless, instant payouts on the blockchain.
- Low feesBy leveraging the blockchain, the middleman is eliminated, resulting in an extremely low commission fee.
Token design
Name: MYCRO token (MYO)
Technology: ERC-20
Token type: Utility token
Token supply: 100,000,000 MYO
Token sale: 11,000,000
Token price: $0.25
Hard cap: $2,750,000
Acquisition option: Token sale/Reward pool/Exchange
Storing MYO tokens: users can store their MYO tokens within their app wallet or within any other suitable external wallet
Token Sale
Private Sale
11,000,000 Mycro tokens (MYO) are sold during the private sale to strategic partners and token buyers with long term value for the project.
Public Sale
45,000,000 Mycro tokens (MYO) are sold during the public sale in these four different stages:
All tokens not sold will be burned at the end of the token sale.
All amount in this section is presented without any taxes, such as VAT. The amounts that we publish on our websites will be relevant for any sale.
MORE INFORMATION
========================================================================
Created by: 15persenlucky
Profile link: https://bitcointalk.org/index.php?action=profile;u=1210666
ETH address: 0x1997B312D6e9cB863f939f9a7cEa3A36Ec185E69
No comments:
Post a Comment