The numbers of fail projects on the blockchain keeps increasing every day and absolutely nothing has been done to solve the problem. Most of this projects fails because they couldn't get their project to reach lots of audience and also insufficient fund to keep the project running. Research has it that early 2018 80% of project fails due to lack of funds to keep their project going on, which this project has massive potential in solving lots of problems but due to this problem these projects go unknown and lead to bankrupt. Masternet is here to solve this problem and give the Cryptocurrency projects a better future. Masternet will use the Akasic network in solving this problem.
Masternet is a blockchain based project focused to building a strong and healthy community in cryptocurrency world and integrate them with other blockchain project. Akasic Network has brought significant changes to how people invest in digital currencies and with the advantages Masternet is using the Akasic Global system as the bedrock in making this work out. Akasic Global is uses an advanced technology and the blockchain to improve the productivity of Crypto users. Masternet will be using the Akasic Global to help the Crytocurrency community in getting a better opportunity. Akasic Global is located in Korea and has it own ecosystem which is Akamess, Akatrade, Akabot, Akapay, AkaPlay, Akacard, Akastore and Akamining.
Akamess: This is a messaging app created by Akasic to enable users interact and chat with each others. The app is available on Android and iOS which can be downloaded from individual app stores.
Akatrade: This is an exchange platform built by Akasic in enabling it community easily trade their Cryptocurrencies. The exchange is fully integrated with high technologies utilizing 2FA, cold wallet which secure users account and funds. The exchange is made with friendly user interface and UX which enable uses have easy and smooth access to the exchange. Customers support is also enable giving users the ability to share their problems with the team which will be fix immediately.
Akabot: The Akabot give traders assistance in predicting the market trends. This is very useful because traders don't need to worry much about their loss they just need to follow the predictions of the Akabot. New traders are also much allowed to use this as it facilitate their improvement in crytocurrencies trading.
Akapay: this is also a feature of the Akasic system it enable faster payment between users with the help of QR code. This is also implement into the Akatrade to enable easy and faster transactions.
Akaplay: This centered on entertainment and games. Users can use the Aksplay to play game and have fun with it while the also receive some rewards when playing. Users can also by gaming characters and costumes with the token.
Akacard: like mastercard and Visa, Akasic has also built it own credit card which will enhance payment methods. The card will soon be distributed to users and it vtu will also be available in stores.
Akastore: this help users access different shops on mobile to identify what they want and the prices. This improves shopping experience.
Akamining: Users of the Akasic network get to be rewarded when they mine. This process facilitate the security and fastness of transactions on the network. Every miners have access to this rewards. Akamining also rewards traders which is based on the increase in their trades on the Akatrade. Part of this generated rewards are also used to develop the community. This rewards are automatically transferred to the Akawallet which is a secured wallet embedded into the Akasic system to hold MASH and ETH.
Masternet uses it technology to find out potential projects on the blockchain which isn't doing good, then invite the project developers to have a talk with them and lay out the conditions for the benefits of both parties when accepted by both, then the Masternet community will provide mass adoption and support for their products. The Masternet community will be rewarded with a share of Akasic network of income ecosystem. The first revenue is made from the transaction fees when the community uses Masternet token (MASH) to make payments, trading And transfer. Masternet put it community first in which they receive more income and get more benefits than any other communities.
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In this way with Masternet, projects failures will be limited and a full development in the blockchain will be seen bringing more people to hear, earn and also have benefits.
For more information about Masternet, visit the links below.
Masternet Website: https://masternet.io/
Akasic Website: http://akasic.network/
Masternet Whitepaper: https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
Akasic Whitepaper: https://drive.google.com/file/d/18tV_4vq0C7-8IFbpLLthQvWCtZD1pWIl/view
ANN Thread: https://bitcointalk.org/index.php?topic=4634256.0
Telegram: https://t.me/MasternetOfficialChannelEN
Twitter: http://twitter.com/masternetmash
Bitcointalk Username: Oluwatimi
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1916121