maniecool: MIB PROJECT

ABOUT MIB COIN

MIB Coin is a new SmartX blockchain platform that gives everybody the ability to get involved with mining through smartphones. Also, to make it easy for people to connect with businesses in a much easier way. MIB has focused on the fundamental solution of maintaining an agile and sustained blockchain network with continuity in the long term, to expand features like a robust platform, and to distribute and maintain nodes with a low cost. With ‘Smart Mining’, it reduces the power consumption by about 15,000% compared to the existing method by significantly lowering the high power consumption, which is a critical issue in mining. Therefore, it reduces the cost of maintaining the blockchain and the social cost.

Through this, it aims at decentralizing the mining by enabling areas where power generation is not enough such as Central Asia, Africa, South America, and Southeast Asia to participate in mining. MIB Coin will grow into a real cryptocurrency used by people around the world as the means of exchange, payment, saving, value evaluation function and communication of hard currency.

The Vision

MIB's vision is to functional both as a blockchain platform and a subsidiary currency, to create and expand an ecosystem, share its system and offer a low-cost, highly efficient network.

The Goal

MIB' goal is to expand into diverse businesses with the SmartX blockchain platform built for mobile devices.

Together with the optimization of decentralized technology, MIB will be at the center of connecting with meaningful businesses in the real world while creating a new world of opportunities.

SmartX BLOCKCHAIN PLATFORM

SmartX will support creating and executing smart contracts, which in turn are changing the way agreements are made since you do not need an intermediary because the contracts themselves follow specific rules and are automatically executed on their own terms. This allows for a multitude of applications such as insurance contracts, distribution of profits and endless possibilities.

More significant opportunities to participate in mining are given to more countries and people by using smartphones which are already available all over the world in billions.

The problem of polarization characterized by the concentration on specialized mining firms or specific nations can be resolved by distributed mining. Mining today is becoming monopolized by large miners with infrastructure and funding and countries with a seamless power supply are becoming the major markets. Cutting back high cost of ASIC and GPU mining methods into a more economical mobile-based method, the power consumption rate is markedly decreased resulting in the most effective P2P network with a minimum cost. MIB mobile cryptocurrency ecosystem can be proposed to many cryptocurrencies that have lost their original functions due to mining and blockchain-based technical difficulties, enabling them to improve smoothly and continuously.

MIB coins use a mobile-based platform, which requires only the minimum amount of power consumed in everyday life. This is because MIB coins only need the power by mobile CPUs compared to the vast amount used by BITCOIN.

The SmartX blockchain platform is expected to become a globalized cryptocurrency that reduces blockchain's maintenance cost remarkably by applying a lightweight mobile-based hash algorithm aiming for convenience, economy and popularity. This will not be a simple platform change but a change of the cryptocurrency ecosystem.

MIB SmartX Blockchain Platform Structure:

It is not a dedicated mining machine (ASIC or GPU). It is mining on the smartphone.

Mining that was exclusive to only certain countries and companies are now available to all. Everyone can participate.

An eco-friendly, low-power energy-based mining method solves excessive power consumption issues.

Keep it at a minimal cost instead of existing high cost blockchain networks.

In addition, a variety of tokens will be created on the SmartX Blockchain Platform MIB platform.

How It Works

How do you mine cryptocurrency on smartphones without dedicated expensive equipment?MIB coin cannot mine existing ASIC and GPU methods. It is only available on smartphones.

Benchmark your smartphone and allocate a hash rate.

MIB is designed so that your smartphone is able to withstand the computational complexity required for mining and protect your smartphone from overheating and damaging the hardware.

It`s possible with one smartphone.

Reduced power by 99.24% compared to existing mining machines.

Anyone can mine with a smartphone.

TOKEN AND ICO DETAILS

MIB tokens were issued in the amount of 600 million. 300 million MIB are allocated for sale. The pre-sales have already been completed, and at the moment the project is at the crowdsale stage. Until August 10, investors have the opportunity to purchase the cryptocurrency at a price of 1,200 MIB for 1 ETH, which is equivalent to buying 1 token for $0.5. The minimum purchase amount is 1 MIB. You can buy the cryptocurrency with the help of BTC and ETH. The project's softcap is $10 million, the hardcap is $25 million.![]

Token Details

Token name: MIB

Platform: SmartX Blockchain

Token price: 1 ETH = 1200 MIB

Total supply: 600,000,000 MIB

Public ICO: Jul 20, 2018 ~ Aug 10, 2018

MIB ALLOCATION