What is Mycro (MYO) | What is Mycro token | What is MYO token
In this article, we’ll discuss information about the Mycro project and MYO token
About Mycro
Mycro creates a global peer-to-peer network that connects people who need job and errand support with people who are looking to earn some extra money. Through their mobile application, users can offer or apply for any short-term job. Decentralized rating systems and user verification options are executed by smart contracts allowing both parties to enter into a trustless transaction.
Mycro Hunter is a mobile application where the focus lies on connecting crypto-enthusiasts with exciting projects.
Every blockchain project in the crypto space is looking for a wider audience to address. Token sale startups and existing projects like protocols or exchanges are always looking for more awareness, investors, users and/or customers.
Every crypto-enthusiast is looking for the hottest new projects and highly potential coins/tokens to collect.
Mycro Hunter is a unique tool to bring both sides, enthusiasts and projects, together. All under the same roof: Mycro Hunter.
For Hunters
Earn unlimited crypto’s, all within one App.
All campaigns are pre-funded, all tokens are valuable and all projects are verified.
All rewards are displayed within the app and distributed automatically to your Mycro Hunter wallet.
Submit your task with one single click in the app and your task will be automatically checked. No need to report any links!
For Projects
Boost your project and get supported by thousands of crypto enthusiasts.
Build up your community and attract potential investors.
Let Mycro Hunter do the work. Everything is completely automated once your campaign is active. Just sit back and watch your community grow!
All users on Mycro Hunter are verified and unique.
The Role of the Mycro Token
Staking
- Hunters need a certain amount of MYO in their wallet in order to participate in campaigns.
- Projects need a certain amount of MYO in their wallet in order to onboard new Hunters to their campaign.
Payment
- Projects are able to pay their hunters with MYO during the campaigns.
Mycro brings together users for something greater than money:
As they say time is money. Some people have an excess of money but little time, making the time they have very valuable. Others have an excess of time but little money. Time is limited and we cannot stretch five minutes into an hour when we don’t have time to mow the lawn, walk the dog and grocery shop. In today’s world, our time is controlled externally by our jobs, social life, and an abundance of daily errands. There is a high demand to outsource these tasks.
Mycro solves the following problems to give people back control over their time:
earn more
Non-existence of a worldwide platform
—Currently, there is no global in-person platform that unites demand and supply for home, delivery and skilled services under one roof.High fees
—Platforms such as TaskRabbit and Airtasker charge a commission up to 30%. These high fees limit the number of tasks that can be outsourced.Centralization
—User ratings have become one of the most valuable assets, but dominant players such as Airbnb and Uber restrict users from taking their own ratings to other platforms.
Mycro Protocol the underlying magic
The Mycro Protocol acts as the confidential net- working layer for all integrated decentralized ap- plications, creating peer-to-peer (P2P) connec- tions and providing an efficient way for users to enter trustless transactions over the network. The Mycro Protocol consists of client-side APIs and services that allow connected applications to confidentially perform communication functions with other users on the network.
Learn more With the Mycro protocol we ensure:
Complete trust
—Decentralized rating systems and user verification options are executed by smart contracts, allowing both parties to enter a ‘trustless’ transaction. All users are verified through a implemented KYC process.Secure payments
—Payments are held by a decentralized, escrow smart contract while the job is performed, preventing retrieval access from either party until a specific job is complete.Democratized ratings
—Mycro is giving the no. 1 asset in the online world back to the user. By using IPFS, we allow users to have full control over their detailed rating information. With 100% ownership, they are free to take their ratings to other platforms.
The gig economy: a global market for local communities
The gig economy is one of the fastest growing parts of the global labour market. While the total volume in 2018 was still around 200 billion dollars, the industry is expected to grow to over 900 billion dollars by 2025. The exponential development is typical for newly emerging market segments in the digital environment and underlines the potential that lies in the gig economy.
Research by McKinsey shows that independent workers make up 20–30% of the working-age population. This is up to 162 million people in the US and Europe alone. However, only 6% of them are using digital platforms. This market is virtually untapped and has enormous potential to become the future of how we work.
Especially the participation of millennials in the gig economy continues to rise rapidly. According to research conducted by the University of Leeds, 67% of the people are joining the gig economy because of flexibility. This happens to be one of the most important assets Mycro has to offer.
Token
During our Token sale, a maximum of 100 million Mycro tokens (MYO) are created. The soft cap is reached at 1.5 million USD. Unsold tokens are destroyed in a burning process.
Mycro Token (MYO)
The Mycro token powers the Mycro ecosystem.
The Mycro token is a tool to achieve a deeper engagement of a broader community of token holders, partners and contributors who are the main beneficiaries of the ecosystem‘s growth.
The token is issued as an ERC-20 token compliant to the public Ethereum blockchain. The token is classified as a utility token.
Mycro tokens are deployed and transferred within the Mycro ecosystem and the Mycro mobile application. The tokens can also be circulated outside of the network and beyond the circle of people registered in it.
Token details
Name: Mycro token (MYO)
Technology: ERC-20
Token type:Utility token
Token supply: 25.454.545 MYO
How and Where to Buy MYO token?
MYO has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT, BNB from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy MYO token
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since MYO is an altcoin we need to transfer our coins to an exchange that MYO can be traded. Below is a list of exchanges that offers to trade MYO in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT/BNB deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase MYO from the exchange: BitForex
The top exchange for trading in MYO token is currently …
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once MYO gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
Find more information MYO
☞ Website ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Message Board ☞ Coinmarketcap
🔺DISCLAIMER: The Information in the post isn’t financial advice, is intended FOR GENERAL INFORMATION PURPOSES ONLY. Trading Cryptocurrency is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money.
🔥 If you’re a beginner. I believe the article below will be useful to you
⭐ ⭐ ⭐ What You Should Know Before Investing in Cryptocurrency - For Beginner ⭐ ⭐ ⭐
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