Hello to all and welcome to my ICO review . For those of you who don’t know me yet, let me introduce myself. My name is SOAIB HOSSAIN and I’m an experienced writer who enjoys what he does very much. I’m here to give you all the information you might need or want about The latest Smart Mobile Mining. I plan to make them “easy read, to the point” because what’s important to me is that we all comprehend and absorb the information and actually want to be here learning together about something new.
Today, let us all learn and experience together all about MIB Coin.
What Is MibCoin ?
MIB stands for Mobile Integrated Blockchain, which stands for Mobile Integrated Blockchain.MIB coins are protocol-type coins that operate mobile-based ecosystems, but they can be designed and applied for ecosystem other than mobile. But there are two reasons why MIB coins limit their use to mobile-based ecosystems. The first reason was to consider the imbalance in power demand and supply to society and industry by mining. Second, it is perfectly possible to operate and expand the complete blockchain ecosystem through the mobile environment.
How MIB Works?
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.
MIB SmartX Blockchain Platform Structure
MibCoin More Information
WebSite White Paper Facebook Twitter Telegram
Vision of MIB
We have introduced the ‘mobile mining’ concept into the blockchain and developed an environment with the minimum maintenance cost for a blockchain network.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 ofopportunities. Anyone can create a new blockchain business in MIB and such an activity will connect with other businesses to form another new ecosystem.
SmartX will be newly defined as an innovative case study in the existing cryptocurrency market and will become a platform for the creation of a new ecosystem.Efforts to resolve the high cost problem of existing blockchain networks
Develop a low-cost platform with agility, sustainability and continuity Building a mobile-based ecosystem
MIB Allocation
50% of MIB Coin is allocated as Smart Mining and is available to anyone easily.27.51% of MIB Coin is used for the maintenance and management of MIB’ network ecosystem. More specifically, 11.67% for Reserve and 15.84% for Extra Marketing.22.49% of MIB Coin is distributed to MIB Pre-Sales, ICO, and the stakeholders. More specifically, 5.83% for Pre-Sales, 8.33% for ICO, 3.33% for the investors, 3.33% for the advisors, and 1.67% for the team are distributed.
Use of Proceeds
- 35% will be kept in capital reserves
- 35% will be used for technology development of SmartX Blockchain, Smart Contract, DAPP, token platform, connected platform and security.
- 10% will be used for the operational cost of marketing, accounting, legal and regulatory purposes
- 10% will be used for MIB’s global marketing, social media and branding
10% will be used to establish strategic partners, offices, and business development around the world.
MIB Blockchain Network Architecture
Preview Of MIB
A smartphone user living in Angola, Africa (Male, 35 years old, with two sons)
Tom is an ordinary head of a household living with his wife, two sons, and his parents in a place with beautiful natural scenery near Luanda, the Angolan capital.He does not own a computer, and his smartphone is the only tool for communication,shopping, and transactions. He has recently obtained MIB Coin via a mobile app and now wants to try something new.The mobile phones of his family flooding in.The mobile phones are busily mining MIB Coin, and his eyes are focused on his boys playing outside. He uses the mined MIB Coin to buy a soccer ball on Amazon.
The soccer ball arrives home within a week, and he gives it to his elder son as his birthday present. The boys, who dream of becoming soccer players in the future, are not tired of playing with the ball and watching them play gives him a big smile. Tom imagines their future and places his phone back on the window ledge today.‘This Story Teaser is a possible future mobile advertisement of the SmartX Blockchain platform by MIB.
TEAM
I am going to get straight to the point of who they are since this is such an important factor, as I like to put it, “The Brains behind MIB Coin”. If the team behind the product or service in question haven’t the resources or knowledge, then we know the product or service delivered will possibly not have the quality it should have. We need to know two very important things when we look at a new starting up company:
Who are the people/team behind this?What experience and knowledge do they possess?Okay, so, because I’ve already done all the research needed beforehand and thoroughly MIB Coin I can very happily confirm that this company has a fabulous team onboard. Here they are:
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.
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 MIB COIN IS MINED
The MIB Coin (www.mibcoin.io) is designed to be mined specifically on mobile devices and can not be mined by powerful mining machines. Mining MIB Coin requires 99.24% less processing power compared to traditional miners, requires very little electricity and the total cost of the process is reduced in a way never seen before. This is simply fantastic because it goes beyond cost reduction by being totally eco-friendly and sustainable. Mining will be accessible to everyone from anywhere with an internet connection from smartphones. Just download the app from the app store, register and start mining. It’s fast, no need to know programming or handle complicated settings that even a 5-year-old could do. The process is completely safe and involves no risk of damage to devices.
TOKEN AND ICO 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
50% of MIB Coin is allocated as Smart Mining and is available to anyone easily.
27.51% of MIB Coin is used for the maintenance and management of MIB’ network ecosystem. More specifically, 11.67% for Reserve and 15.84% for Extra Marketing.
22.49% of MIB Coin is distributed to MIB Pre-Sales, ICO, and the stakeholders. More specifically, 5.83% for Pre-Sales, 8.33% for ICO, 3.33% for the investors, 3.33% for the advisors, and 1.67% for the team are distributed
USE OF PROCEEDS
35% will be kept in capital reserves
35% will be used for technology development of SmartX Blockchain, Smart Contract, DAPP, token platform, connected platform and security.
10% will be used for the operational cost of marketing, accounting, legal and regulatory purposes
10% will be used for MIB’s global marketing, social media and branding
10% will be used to establish strategic partners, offices, and business development around the world
ROADMAP AND DEVELOPMENT PERSPECTIVE
In conclusion, anyone can mine with a smartphone. 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.
This project will be successful and we will all benefit from it.
Follow these links for more information;
Website: http://www.mibcoin.io/
Twitter: https://twitter.com/mibcoin
White paper: https://drive.google.com/file/d/1V0J0kHNkpMDcPCZEGVtZhbAA_UAsfijl/view
Facebook: https://www.facebook.com/mibcoinio/
Telegram: https://t.me/joinchat/DNeZgA-RivbU3EOQfl-wIQ
Author Info:
BCT user: adifx
BCT Profile: https://bitcointalk.org/index.php?action=profile;u=1502350
ETH address: 0x71123E62201060fC3155AF4E4c752AC3659DDECA
TELEGRAM: https://t.me/soaib_hossain_sohag
TWITTER: https://twitter.com/Soaib_sohag
Email: soaibhossain.bdpro@gmail.com