Cryptocurrencies: 2613 / Markets: 20892 Market Cap: 24h Vol:

Description

Description


The My Place X system makes use of 3 important technologies; smartphone technology, GPS and Blockchain technology. We will be implementing a type of blockchain that effectively is an immutable distributed relational database. The user records the GPS coordinates using his smartphone. Since the accuracy of smartphone GPS is 6 m at best, the user also takes a photo of the residence. All this information, together with more traditional information, e.g. ID photo, name, surname, traditional address information (if available), is recorded and encrypted using the user’s private keys. More elaborate information, such KYC, ID number, etc are stored at a later date and linked to the original information block.

Full Name Myplacex (MPXT)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://www.myplacex.io
Twitter @Admin08305650
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The My Place X system makes use of 3 important technologies; smartphone technology, GPS and Blockchain technology. We will be implementing a type of blockchain that effectively is an immutable distributed relational database. The user records the GPS coordinates using his smartphone. Since the accuracy of smartphone GPS is 6 m at best, the user also takes a photo of the residence. All this information, together with more traditional information, e.g. ID photo, name, surname, traditional address information (if available), is recorded and encrypted using the user’s private keys. More elaborate information, such KYC, ID number, etc are stored at a later date and linked to the original information block.

Team:

  • Detlef Romatzki: Founder, Software Developer & CEO.   
  • Stefan Meyer: Software Developer.   
  • Louis Botha: Project Engineer, Advisor. 
  • Arlene Smit: Marketing and Adoption. 

Myplacex ICO will begin on November 24, 2018. The ICO token supply represents 2% of the total token supply, so there is a total of 20,000,000 MPXT tokens available, for 0.0005 ETHA each. The ICO funding target is 20,000,000 MPXT, the funding cap is 30,000,000 MPXT and is expected to end on December 15, 2018 or when the funding cap is reached.

Token Reserve Split (98%):

  • 98% Reserve.
ICO Status Finished
Token Supply 1000000000
Start Date 2018-11-24
End Date 2018-12-15
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.0005
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction South Africa
Legal Advisers N/A
Blog N/A
White Paper https://myplacex.io/documents/White_Paper.pdf
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer