ICO is a very convenient option for financing projects at the initial stage. The initial stage involves the development of the idea and the concept of its implementation. For an entrepreneur, this approach does not involve great costs, since the project is implemented at the expense of investors. The creators of large-scale projects create separate decentralized platforms for ICO and issue their own cryptocurrency. And small enterprises still face a lack of financing. High costs of project creation, non-transparent and inefficient management block the development of small businesses. Decentralized Meritt project offers both individuals and businesses to issue their own cryptocurrency without extra time and expense.
https://www.meritt.co/
Key Features of Meritt
Work on Meritt platform can be built in any direction. Depending on user's goals, Meritt offers the most effective ways of implementing ideas through the work of artificial intelligence. So, having generated digital assets, an entrepreneur can create and distribute discount coupons for clients. Or a person in need of credit can run his/her mini-crowdsale to collect the necessary amount. In any situation, Meritt platform will provide the users in need with the tools, and investors will be guaranteed a return of the invested amount with additional income.
Advantages of Meritt
Work on Meritt platform starts with the registration of a personal account. Registration is carried out using SCN method, which prevents fraud on the project. The work of the platform is based on blockchain technology, known for its distributed storage of the database, which allows users to ensure the confidentiality of information posted and the safety of digital assets.
After registration, Meritt offers to choose the functions and purposes for the generated cryptocurrency. After the process is completed with the use of dApp technology, the tokens are listed on the market and the crowdsale is being launched. This scheme is active for a user in need of investment. For more successful and effective fundraising, a user can place a link on his/her social network with the basic ICO parameters. The token sale is easily managed by the Alpha dApp program.
As cryptocurrency is generated, an investor replenishes a wallet, sets the amount of the commission for using the funds for a potential buyer, after which the tokens are also sent to the stock exchange. Meritt offers investors to convert their financial funds into cryptocurrency in order to obtain a stable and transparent income. Undoubtedly, cryptocurrency is also subject to market volatility, but due to the use of blockchain technology and smart contracts, it has a high level of efficiency and profitability compared to fiat.
https://www.meritt.co/
The use of Meritt will help to avoid additional costs for all groups of participants through the calculation of P2P technology, eliminating intermediaries. Any payments from a cryptocurrency issuer (for example, payment of dividends by an organization) to the project participants' pool are automatically transferred to the corresponding wallet where the issued token is reliably stored. The subsequent distribution takes into account the proportional distribution of the underlying asset.
Meritt cryptocurrency
All calculations are carried out using MTT tokens, based on the ERC-20 standard from Ethereum. You can purchase 5,000 MTT for one ETH. The minimum purchase amount is 0.1 ETH. A total of 1.2 billion tokens were issued, of which 42% were allocated for sale.
Summary
Thus, Meritt platform will allow users to quickly and economically launch the crowdsale for any needs. P2P calculations, a comfortable interface and a high level of security will allow Meritt to enter the decentralized market. The investments attracted during the investment are planned to be distributed among three main areas: technical development of the platform (36%), current expenses (21%) and marketing campaign (23%). Work on the project started at the end of 2017, and currently the alpha version of the project has been launched, the functionality of which is still limited and expands as the technical development is completed. The platform in its full functionality will be available by the end of 2019.
Links:
Website: https://www.meritt.co/
WhitePaper: Coming soon
Telegram: https://t.me/Merittprotocol
Facebook: http://fb.me/Merittprotocol
Twitter: https://twitter.com/MerittProtocol
Medium: https://medium.com/@meritt
ANN: https://bit.ly/2OMRsv1
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.