Multiplycoin (MYC) ICO

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Multiplycoin (MYC) ICO Review

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MultiplyCoin is a token that will power MultiplySkill. An emerging market focused on mobile education platform with the mission to empower over 100 million students and young professionals. To acquire the digital skills necessary to earn freelance income, become entrepreneurs.

MYC is a token that will power MultiplySkill. An emerging markets focused mobile education platform with the mission to empower over 100 million students and young professionals. To acquire the digital skills necessary to earn freelance income, become entrepreneurs. Or transition to a new digital career in the face of AI and automation.

Essential Information

Ico Time
Sep 14, 2019 – May 31, 2020
Token Name Multiplycoin
Token Symbol MYC
Whitepaper View Whitepaper
Website Link Home
Price
$ 0.1
Platform Ethreum
Soft Cap
1M
Hard Cap
12M
Whitelist/KYC N/A

The Mission

MultiplyCoin is a digital token, that will power an emerging marketsfocused mobile education platform.Our mobile platform will empower over 100 million students and young professionals, to acquire the digital skills necessary to earn freelance income, become entrepreneurs, or transition to a new digital first career, in
the face of AI and automation.
Supply will be reduced over time, based on our continuous coin burning algorithm. MultiplyCoin will use 30% of profits generated from subscription fee revenues to buyback and burn MYC Tokens.
Similar to Binance, a world leading crypto exchange, we will burn our tokens once a quarter.

Strategy

Students will be able to exchange local currency for our token at university campuses and shops.
Our token will be used to unlock monthly challenges and skills, which are sponsored by leading companies and influencers across emerging markets.
The key elements of the system will be personal data and files hashing, smart contracts with oracles, load balancing and minimization of commissions due to the best configuration of decentralized and centralized parts of the ecosystem.

Once challenges are completed, students will be awarded with job interviews, and will have gained additional skills and discovered new paths to generate income.

Our monthly subscription revenue will be shared with content creators, who are highly successful within their dedicated fields.

The Problem

College & University Students

Students desire to receive high-paying jobs, post-graduation, but often lack the necessary skills required to add tangible value to leading employers.
• Students often receive theoretical knowledge during studies, but lack real world applicable case studies, and practical challenges, that once solved, will develop students’ problem-solving capabilities.
• Students not active in elite circles often struggle to access high level opportunities, due to geographical or relationship driven boundaries.

Young Professionals

Young Professionals struggle with identifying attractive secondary income generating opportunities.
• Professionals who work in sectors and roles that are susceptible to automation, often fear for their future careers.
• Professionals have to leverage Youtube, Linkedin, Google and Eventbrite to gain news, knowledge and connections within the business world. There is no unified platform.

Budding Entrepreneurs

Entrepreneurs, youth and low-income workers, who desire to increase their wealth, often struggle with the “where” and “how” to start as freelancers, or entrepreneurs.
• Budding Entrepreneurs often aspire to emulate the successes of pioneers across multiple industries, but find that these pioneers do not provide needed advice, guidance and strategies in one centralized, advertisement-free platform.
• In emerging markets, there is no crypto-powered wealth building mobile platform that facilitates micro payments and crowd-sourced consensus on what works, and what doesn’t, when it comes to sustainable wealth building.

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Multiplycoin (MYC) ICO Scam or Not?

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