Blockchain is now a common name in the IT world. It is what friends discuss now, what blogs update trending news on, and even websites have been designed about. Blockchain is a rapidly evolving IT technology that proves to disrupt the conventional way of doing things in the businesses and corporate world.
In its simplest form, it’s a network of interconnected computer systems which serve as an encrypted database that is fast, secured, decentralized and accessible. The advantage being that there is no central control, data is immutable, and secured; hence, perfect for projects that require utmost integrity transactions.
THE BLOCKCHAIN PROBLEM
The main issue with the blockchain is not in the technology itself, but with the communal support it receives. In as much as the blockchain is a game changer as evidenced by more than one thousand multimillion-dollar cryptocurrency projects carried out within the first half of this year (according to TechCrunch report). Yet the technology has not reached its full potential owning to the fact that there is no established strong and healthy community of users like you and I, that go along with the project teams, bringing the necessary support in terms of financial and promotional aspects, patronization, and contribution of experience and skills in making the technology extremely formidable. This has led to the decline in the number of truly successful projects as strongly postulated by Bitcoinist’s data - that only 8% of over 80,000 projects launched globally are currently living up to their goals.
The MASTERNET Solution
Masternet is primarily targeted towards building strong and healthy communities that will meet the demands of the Akasic global network ecosystem, as well as a whole array of other projects. Startup blockchain projects with high potentials, as well as already running projects, will be sought after, and then integrated into the Akasic network ecosystem. Then based on the needs of the project, the community will be appropriately educated, to ensure both sides come up with terms and conditions that favors the benefit of all. Revenues will be generated from transaction fees incurred when community users make payments with MASH, trade cryptocurrencies, do shopping, or transfer money.
At the end of every week, the revenue is distributed among registered mash holders, while the other part is used for the project’s operation and maintenance.
Masternet is developed by a team with years of experience in the blockchain technology. Unlike other project that offers a concept, Masternet is designed with foolproof technology to ensure its success.
Benefits of MASTERNET
- Masternet is a community that comprises of both the novice and the elites in the blockchain ecosystem, thereby creating a unique avenue for sharing not only thoughts and values, but also to becoming the driving force in the blockchain ecosystem into its full potential.
- Backed up by the Akasic network, community members can enjoy a wide range on Akasic native applications to help facilitate their day to day activities, such as shopping, funds transfer, trading and exchange that benefits all concerned.
- Being a platform that reaches out to implementation of great ideas on the blockchain, Masternet will be a frontier in the mammothic expansion and dominance of the blockchain technology.
Masternet as a community for the Akasic network ensures true independency, fast transaction, and top-notch security thanks to Akasic network suite of apps such as the Akamining, Akastore, Akamess, Aka pay, and a host of others.
CONCLUSION
Masternet is the solution that everyone is really looking forward to. It creates the enabling environment that allows easy integration, sharing of resources, and most importantly, the growth of the blockchain ecosystem where business can truly and securely thrive.
For more information, visit the links below:
Masternet - https://masternet.io
Masternet Whitepaper - https://drive.google.com/file/d/1YM4ytVLkdApbTufSVOqUe1O9GK9rwDYl/view
Masternet Telegram Channel: https://t.me/MasternetOfficialChannelEN
Akasic Network - https://akasicglobal.io
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