MYTC BLOCKHAIN

ABOUT MYTC

The MYTC team is building the next generation 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.

PROBLEM

There are over 5 million small and medium businesses/enterprises globally which conduct reciprocal trade/barter but yet there is no decentralized platform for these businesses to be able to trade/barter with each other globally. Current members of existing barter/trade exchanges have limited access to the members from other platforms, they are charged with excessive high exchange fees, controlled through a centralised ledger, the value of the trade dollar is devalued because of limited members who cannot trade with each other due to constraints. The problem is that business, especially the small medium businesses can only barter/trade with members who they know and are locally located near them.

SOLUTION

MYTC Intends to create a decentralized platform for all small and medium enterprises to use a common currency to conduct reciprocal trade/barter with each other. MYTC is about helping you with your barter/trade while you focus on the cash and everyday sales. We are not looking to disrupt your business but here to help you improve your business through the use of digital cash on the revolutionary block chain technology.

HOW IT WORKS

MYTC Network is designed to unite small medium enterprises globally to enjoy the ability to conduct reciprocal trade/barter with each other.

• MYTC Merchants shall offer their goods and services through the MYTC platform
• Buyers (other merchants and the community) will have the ability to purchase these goods and services and pay the merchants with MYTC Tokens.
• The merchants will be able to then save or spend those tokens with other merchants within the MTYC ecosystem.
• Members will be able to access their tokens anywhere in the world and barter/trade with anyone around the world.

The community will be able to access merchants / businesses that will provide products and services that will provide a transparent transaction from the sale of their goods and services. Through the innovative technology there will be less likely of fraud transactions and reliable of the delivery of the products and services to the community.

MYTC will be the centre of different trade/bartering exchanges globally where the businesses/merchants’members in these exchanges will be able to purchase MYTC tokens using their current trade/barter dollars, the businesses/merchants will be able to use MYTC with each other even though they may be from different trade/bartering exchanges. These businesses/merchants will also be able to earn MYTC tokens by accepting MYTC as payment from other businesses and the community.

MYTC will be an automated platform that will act to facilitate these transactions maintaining transparency between merchants and the community by the use of block chain technology. This will ensure that transactions will be immutable, and therefore impossible to manipulate. Any attempt of contract tampering will be detected and rejected by the blockchain. As our Token is based on Ethereum, we have the advantage to offer a service that has been in production for a number of years, relying on numerous automated tests and advanced security protocols. This will build trust between our Token and merchants.

The benefits to the merchants are that they can grow their business through the ability to reach and market their products and services to more customers naturally through our platform and mobile application. The merchants will gain new customers from the acceptance of MYTC which they currently do not have access to. They will have a chance to utilise their trade/barter dollars more effectively than what is currently being offered by the market place.

FEATURES

MERCHANTS

• Expand your horizons

Allow for all businesses small to large to barter/trade with each other without boundaries and centralization (the need for a middleman/company)

• Low exchange rates

Enjoy extremely low exchange rates compared to existing platforms. Current exchanges charge approximately 5%-6% per transactions. Our platform will propose a charge of only 0.5% -1% per transaction.

• Gain New Customers

Gain potential new customers by opening new markets with other members from other platforms. Every new customer brought to you by the My Trade Token community brings new income on top of what you’re already receiving, which will help to increase your profit margins.

• Improve Your Cash Flow

My Trade Token adds another dimension to your enterprise by giving you the freedom to accept barter/ trade dollars to attract new customers and increase your sales. You will also have more money to operate, expand and invest back in the business

• Move Excess Stock

My Trade Token is the easiest way to sell your excess or slow-moving stock without heavy discounting. If your business experiences seasonal markets, barter/trade provides a pro table way to use the inventory on a regular basis.

• Cash Convert

You will be able to resell inventories or stock bought from other business on barter/trade to your cash customers, helping you increase cash flow and profitability.

• Back up your investments

Enjoy the use of digital token that is backed up by millions of users and business traders around the world.

• Decentralized application

Enable members to trade locally, nationally and internationally with each other in a cashless society with the comfort that all trades are transparent and secure using immutable smart contracts.

USERS

• Widen you options

Pay for goods and services with another form of currency, which is accepted by multiple merchants and users across the globe

• Control your risks

Holding onto MYTC Tokens you will be able to purchase real goods and services and assets, which are backed by members and users within the MYTC, ecosystem. You will avoid inflation and stagflation of your MYTC Tokens.

• Deals

Take advantage of latest deals being offered by trading members locally, nationally and globally.

• Welcome new platforms

Expand your options as we integrate new platforms seamlessly. As we add new ecosystems, you will be able to interact with new merchants and close deals that you could not reach before.

• Offer new payment methods

option to get paid in MYTC Tokens for services and jobs completed.

Token – MYTC Token

Within the MYTC ecosystem, the MYTC Token (MYTC) will be used internally to buy or sell goods and services between merchant members and consumers.

MYTC Token has numerous benefits and serves different purposes:

1.MYTC Token is a cryptocurrency which serves to provide a private, secure trading network with transaction costs which is much lower than existing trade merchant payment systems.

2.MYTC Token as a cryptocurrency will be able to act as a store of value

3.MYTC Token as a cryptocurrency is supported by the merchants and members who are part of the trading network.

4.MYTC will let merchants complete business successfully even if they don’t belong to the same platform. Our Token will break existing boundaries and let small and medium business expand and create

relationships faster.

5.MYTC Token circulates within the network, these trade tokens are accepted by both small to medium businesses that buy and sell between them and their direct customers the community.

DETAIL TPKEN MYTC

PRE-TGE

Our target for the pre-TGE is 1,500 ETH, and the hard cap is set to 5,000 ETH.

Start Date : 01st August 2018, 12:00(GMT)

Duration : 31 days

Soft Cap : 1,500 ETH

Hard Cap : 5,000 ETH

Price : 1 ETH = 10000 MYTC

Payment method : ETH

Min Purchase : 0.1 ETH

Total token supply : 50,000,000 MYTC

TGE

The token generation event will continue funding for development and adoption of the MYTC ecosystem and platform.

Start Date : 1st September 2018, 12:00 (GTM)

Duration : 30 days

Soft Cap : 3,500 ETH

Hard Cap : 17,800 ETH

Payment method : ETH

Min Purchase : 0.1 ETH

Total token supply : 112,000,000 MYTC

ROADMAP

November 2017

Team Building

December 2017

Idea Development

January 2018

Technical Specification

Strategic partnerships and alliances formed

February 2018

Design draft

White Paper creation

Business company formation

March 2018

Marketing and Token initialisation

Website deployment

Creation of smart contracts

Creation of ERC 20 token

April 2018

Creation of business registry prototype

Creation of consumer registry prototype

May 2018

White paper release

Marketing campaign begins

June 2018

Smart Contract development

AUSTRAC registration

July 2018

Smart Contract deployment

White paper final version release

Bounty campaign begins

August 2018

PreTGE begins

September 2018

Commencement of Token Generation Event

Development and release of MVP

Commencement of MYTC Core development

October 2018

Completion of TGE

Beta version platform development; testing exchange APIs

Begin cryptocurrency exchange registration

Tokens release for bounties

November 2018

MYTC Core deployment

Begin platform development version

Team expansion

2018 (4th Quarter)

Extensive Marketing of MYTC and MYTC Token

Independent Security Test of platform

Commencement of mobile apps (IOS and Android) development version 1.

Independent Security test of platform and app (iOS and android)

Sign partnership agreement with Australian exchanges

2019 (1st Quarter)

Release of app (iOS and android) version 1.0

Release first version of MYTC platform

2019 (2nd Quarter)

Update and enhance mobile apps (iOS and android)

Platform Release Version 2.0

Consolidate partnerships with Different Australian barter/trade exchanges

2019 (3rd Quarter)

Expand office into Thailand

Expand offices into Vietnam

2019 (4th Quarter)

Expand offices into Singapore

Expand offices into Malaysia

2020

Expand offices into USA

2021

Expand offices into UK

2022

Expand offices into China

2023

expand office into Europe

TEAM MYTC

TEAM ADVISORY COMMITTEE

More Information Contact :

Website : http://www.mytradetoken.io/

ANN Thread : https://bitcointalk.org/index.php?topic=3424240.msg35766450#msg35766450

Facebook : https://www.facebook.com/MyTradeToken/

Whitepaper : https://www.mytradetoken.io/assets/MYTC_White_Paper.pdf

Twitter : https://twitter.com/mytradetoken

Telegram : https://t.me/MYTCProject

Author : Upik05

My profile bitcointalk

https://bitcointalk.org/index.php?action=profile;u=2205131

Address wallet

0x6B4D2B44e4FB4648FE87029C4ddf00Da999127c4