MeconCash is currently developing a range of mobile-based applications, games, and content that will be offered on the platform. Additionally, users will be able to purchase products through an online shopping mall. Unlike traditional reward systems that are only valid for one service, MeconCash will convert rewards received from various linked services into an asset value. This will ensure that users' reward points remain valid even if a service is terminated. The goal of MeconCash is to establish a transaction and reward system that can be seamlessly integrated with other services via an API. This will create a robust ecosystem that can be utilized in both the online and offline economies, ensuring maximum usability and connectivity for all users.
Initially, MeconCash was launched as a Bitcoin-based cryptocurrency. However, MeconCash2.0 now utilizes the Ethereum-based platform using ERC-20 technology. This platform guarantees faster cryptocurrency transfer rates and transparent management of transactions and assets. Ethereum is a unique platform that enables users to create Smart Contracts for developing and distributing Decentralized Applications (DApps) beyond just being a currency. DApps are built on top of the existing Ethereum blockchain, and developers are charged by Ethereum for the network's computing power, which can only be paid for using Ethereum, a cross-platform currency. Smart contracts serve as a computer protocol for the blockchain and dictate how transactions are approved based on the rules written within. They play the role of an escrow mechanism that is objective and unchangeable.
MCH has a total supply of 300,000,000.
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