Much of the belief in cryptocurrencies comes from the fact that cryptocurrencies don't require any trust at all. Cryptocurrency is fully open-source and decentralized. This means that everyone has access to the entire source code at all times. All developers in the world can verify exactly how cryptocurrency works. All issued transactions and bitcoins can be viewed in a transparent and real-time manner by anyone. All payments can be made independently of third parties and the entire system is protected by peer-reviewed cryptographic algorithms such as those used in online banking. No organization or individual can control cryptocurrency, and the network remains secure even though not all users can be trusted. But now there is a platform that is very reliable in our security issues using cryptocurrency, namely MyIdentityCoin (MYID).
What My Identity Coin?
MyIdentityCoin is a project is a part of “The Money Project” by the OkGlobal Coin SWITCH and this project is created as the world first tagging/ wrapping technology with unique owner identifying code. The main purpose of MYID coin coding is to reduce and ultimately eliminate threat of loss, theft. The total supply of MYID Coin is 100 billion Ethereum(ERC20) . At present the MYID Coin is a Ethereum ERC-20 blockchain based platform but #MyIdentityCoin will migrate to its own unique block due to the functionality limit of the ethereum blockchain.
After migrating to its own unique blockchain, My Identity Coin will be operating in an algorithmic mesh with OkGlobal Coin and may be used for many other blockchain assets.
Unlike all other cryptocurrencies, the OKGlobal coin holds an increasing raw of forfeit cash value. In Banks and financial institutions they have been loan and invest with other people’s money and then funneling those profits to a select people but in the blockchain technology and OKGlobal coin SWITCH, the profits will be returned to only the participating members who hold OKGlobal coin because it was their money which was used to generate the profit.
OKGlobal will put profits back to the hands of the people. Governments and other institutions will not be left unleveraged to use our money to form money for themselves and their constituents. The rates and costs charged by OKGlobal are going to be rock bottom available within the marketplace. Profits are going to be reinvested into the worth of our coin thereby increasing the intrinsic value of all coin holders year after year.
The first and only compliant international blockchain project of its kind aimed toward the entire disruption and takeover of banking, finance, exchange, and payment processing via a living reactive decentralized autonomous organization, DAO. A living DAO that operates globally to exchange faith-based problematic fiat currency and convey back the utilization of real “money” which holds an intrinsic value backed by assets and investments, which will rise in value to beat inflation rates and be used globally without the threat of loss, theft or unfair confiscation.
With a locked-in value of 35% just in case of company/coin collapse for all early owners/investors.
#OKGlobal Coins are currently a tomo chain TRC21 token with a complete supply of 100,000,000,000. 50 billion (OkGlobal Coin LLC USA) 50 billion OkGlobal Coin Pte Ltd (Singapore). 60% tokens are going to be allocated for investors/funding and therefore the remaining 40% are going to be reserved for the event team and founder. The tomo chain block was used thanks to its rapid transaction speed and nominal fees per transmission/verification. OkGlobal Coins must migrate to its own unique blockchain thanks to the limited functionality of tomo chain and to satisfy our project mission of an independent democratized autonomous organization. OkGlobal Coin and SWITCH are separate cooperative entities. SWITCH acts because the decentralized utility to verify and process payments for an open public platform for crypto payments.
Why OKGlobal
0.1 % merchant payment processing(1/tenth to 1/30th not exactly current market rates) with zero for every exchange charges, made sure about protection premium financing, worldwide cash cross installments to delete or lessen money trade expenses and another moderate-low to no hazard money the board answers for offer genuine advantages while guaranteeing expanding estimation of our crypto coin.
Free charge cards and financial records (held in fiat and additionally crypto) to all or any . 3: SWITCH bookkeeping completely straightforward and accessible on the online . Benefits return into coin record equilibrium to increment inborn worth and solidness of OKGlobal coin. The worldwide network shares benefits as individual member proprietors.
Coin Structure
Creation of Coin which will have a flash transformation to the fiat of vendors decision or held in OKGlobal crypto coin account exchange made to vary various coins over to fiat and therefore the other way around. Various coins are often utilized however with higher transformation fees. All OKGlobal people group members’ possessions should be in fiat or OKGlobal coin. OKGlobal Community administration focuses are going to be open for member administrations.
Benefits of OKG Usage
Guaranteed least expanding base(minimum return) esteem from reinvested gets back from administration/installment/account/speculation stage if there should be an event of organization/coin collapse.
Improve and facilitate money move and lessen exchange expenses to an immaterial sum that’s gainful to all or any participants.3: Retain or increment buying influence a seemingly endless amount of your time after year by outperforming or at absolutely the minimum staying conscious of the expansion.
ICO IS LAUNCHED ON 27 DECEMBER 2020 аt 09.00 SINGAPORE TIME
TICKER : MYID
- MYID ERC20 :0xbee571a0a8599ada125e1a33e56287c3c594a5e2
- 1 ETH :500,000 COINS DURING ICO
- Hard Cap : 50,000 ETH = 25 billion MYID coins
- Total Volume : 100 billion (ERC20) MY IDENTITY Coins
- Launch Date : 27 December 2020 9 аm Singapore Time
- ICO duration : 60 days
- Image for post
Thank you for taking the time to read the review above about My Identity Coin, if you want to find out more about My Identity Coin, you can visit the link provided below:
- Website Link : https://okglobalcoinsg.com/
- Twitter : https://twitter.com/MyIdentityCoin
- Facebook : https://www.facebook.com/myidentitycoin
- Telegram : https://t.me/myidentitycoin
- Discord : https://discord.gg/JRMSdh6GFp
- ANN post: https://bitcointalk.org/index.php?topic=5299156.0
Author : GEMSE29
My BTT : https://bitcointalk.org/index.php?action=profile;u=1813088
My ETH : 0x31cAff27C9d74048375ec5E1e301fC10bd5d0954