MIB COIN (MIB) ICO REVIEW - MIB Coin Smart Mobile Mining

INTRODUCTION MIB COIN (MIB)

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.

MIB has concentrated on the principal arrangement of keeping up a dexterous and supported blockchain connect with coherence in the long haul, to grow highlights like a strong stage, also, to disperse and keep up hubs with an ease. Subsequently, MIB Coin (Mobile Smart Coin) was conceived.

The company sets a goal giving the chance to each one that desires to mining crypto currency. this is often Associate in Nursing completely eco-friendly, low-energy, reliable methodology for energy-based mining. additionally, it doesn’t need massive expenditures. All processes performed throughout the MIB mining is controlled by the user, that the user will severally distribute the hash speed.

HOW MIB COIN IS MINE

How does one mine cryptocurrency on smartphones while not dedicated high-priced equipment? Firstly, lets outline what a HASH rate means: In straightforward terms, a hash rate is outlined because the speed at that a given mining machine operates. a better hash rate is healthier once mining , it will increase your chance of finding ensuing block and receiving the reward and at a similar time needs an enormous quantity of energy like we have a tendency to discuss earlier terribly|and really|and extremely} very high-priced. Moving more,

apportion a hash rate. MIB is meant in order that your smartphone is ready to face up to the machine complexness needed for mining and defend your smartphone from heating and damaging the hardware. It`s attainable with one smartphone.Reduced power by ninety nine.24% compared to existing mining machines.

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

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.

ROADMAP AND DEVELOPMENT PERSPECTIVE

2017 Q3

CONZBY: Developing a cryptocurrency trading engine and an exclusive miner’s sales menu
Designing the initial concept of SmartX Blockchain platform (SBP)
Planning the SBP project and researching on technical aspects

2017 Q4

Building a team for MIB coin project (based on SBP) and completing the concept
Publishing a white paper

2018 Q1

MIB coin official website Reinforcing the manpower of the team
Performing pre-sales
Advancing the development of SBP

2018 Q2

MIB coin ICO
Advancing the development of SBP
Smart Mining Android & iOS beta test
Link : Download NOW, Android Store
Link : Mining Pool Website
MIB blockchain API center opens

2018 Q3

Releasing the main network
Announcing mining pool clients
Smart Mining Application
Announcing smart mining application
Starting MIB coin mining
Supporting a master node community
CtoC trading service
coin send & money transfer

2018 Q4

Setting up and advancing the SBP R&D center
Opening a platform development center for expanding the cryptocurrency ecosystem
Supporting the issuance of a functional token and investing in technology
PayGate Service

2019 Q1