MultiVAC (MTV) Token Sale Details On Kucoin Spotlight – How To Join And Buy MultiVAC (MTV) Token?
What Is Kucoin Spotlight?
KuCoin Spotlight aims to assist blockchain projects in raising the needed funds, attracting market attention and improving industrial influence. The Spotlight token sale is on a first-come, first-served basis. The sale will be based on KCS and the actual price in KCS will be announced on the day of sale.
Users must complete identity authentication (KYC) in advance, before their purchase. To comply with local regulations, users in some countries and regions cannot participate in the sale.
About MultiVAC (MTV)
What Is MultiVAC (MTV)?
MultiVAC is a high-throughput flexible public blockchain based on trusted sharding computation that is dedicated for large scale and complex dApps. MultiVAC is able to reach 10000 times more TPS than Bitcoin, which is enough to meet the requirements of business-related apps’.
Key Features And Highlights
– MultiVAC pioneers All-Dimensional Sharding, that is, the world’s first sharding solution that parallelizes consensus processing, consensus storage, and consensus message transmission.
– MultiVAC incorporates flexible sharding, the ability for DApps developers to choose features of the shards they wish to use specifically tailored for their performance, security, and decentralization requirements, allowing the production of more robust and specialized DApps.
– VRF Dynamic Re-Sharding: On the miner and computing level, MultiVAC pioneers VRF dynamic re-sharding, organic shard splitting, an innovative PoS approach, and others to ensure the shards’security and self-growth capacity.
– Distributed Ledge Scheme based on Merkle Root: An innovative distributed storage and cross-shard transmission mechanism. By introducing storage nodes, miners can efficiently and securely verify large data with minimal data, which helps solve the bookkeeping storage and bandwidth overloading issues.
– Byzantine Consensus Family: A family of consensus algorithms that resolve the problem of forks and fault tolerance, ensuring the reliability and consistency of final results.
– Flexible Computing Model: A flexible contract execution environment served by PoIE consensus, BISC instruction set and the general-purpose MVM virtual machine.
The project already has a testnet and a block explorer. Wallet creation is allowed along with requesting testnet tokens from the genesis block’s address.
The transfer time is rather low, but it’s not instant. The average transaction time is from 5 to 10 seconds.
It’s also worth noting that MultiVAC provided unique generation algorithms for wallets, hashes and private keys (for instance, its competitors, such as PCHAIN, copied the wallet generation principles of Ethereum).
There’s a video of the testnet:
Frank Lyu is co-founder and developer at MultiVAC that specializes in distributed systems. Frank is co-founder and technical director at Xinrenxinshi.com that is a leading startup in HR SaaS (Software as a Service) in China (Sequoia Capital is one of the investors of the project). He also worked at Meituan.com as a technical director and expert for data storage (a Chinese website for the delivery of groceries, consumer goods, and retail services). In addition, Frank has a modest experience in Baidu.
Dr. Shawn Ying is technical director at MultiVAC, who is responsible for the development and integration of the infrastructure. He is an Associate Professor at Tianjin University with a Ph.D. in Computer Science from Nanyang Technological University. He acted as a software engineer at Baidoo for slightly more than a year. He was mostly focused on teaching and acquiring his Doctor degree.
Claire Wang is a former director of marketing at Xinrenxinshi.com with more than three years of experience. She co-founded Julive.com. Additionally, Claire worked as a product manager at Meituan for about a year. He got her Masters degree in public administration from Beijing Normal University.
Currently, except for its founders, MultiVAC team has 15 researchers and engineers and 6 community managers. Some of them have degrees from Harvard, Stanford and the University of Sydney.
There are eight advisors, three of which deserve special attention
Roger Lim is an experienced angel investor in blockchain projects. He is a founding partner at NEO Global Capital. Roger also advises for Bluzelle, Qlink, CoinFi, Selfkey, TheKey, Tomocoin, 0Chain, Switcheo, Open Platform, and nOS. He is a successful entrepreneur and founder of an Asian cloud hosting company WebVisions.
Michael Arrington is a founder of TechCrunch & Arrington XRP Capital.
Johnny Lyu is a VP of Strategy and Investment at KuCoin and Partner of PGC (Phoenix Global Capital).
MultiVAC Investors And Partners
MultiVAC Token (MTV) Informations
– Ticker: MTV
– Token type: ERC20
– Total Token Supply: 10,000,000,000 MTV
Seed Sale: was completed at rate of ~$0.005 per MTV token, selling 8.95% of total token supply. The vesting will start from the 4th month after the IEO and last 12 months.
Private Sale: was completed at a rate of ~$0.008 per MTV token, selling 10.21% of total token supply. The vesting will start from the 4th month after the IEO and last 9 months.
MTV Token Sale Informations On Kucoin Spotlight:
– MTV Token Sale starts on April 3rd, 2019, 22:00:00 UTC+8 to April 7th, 2019, 22:00:00 UTC+8
– Public Token Sale Price: 1 MTV = $0.006 (Prices in KCS will be set on the day of the sale)
– Fundraising Goal: 3,600,000 USD
– Total Tokens Allocated to Kucoin Spotlight: 600,000,000 MTV (6% of total token supply)
– Token Sale Format: First come first served basis
– Min/Max Individual Cap: $180/$3,600 Equivalent
– Accept payment: KCS coin only
MTV Token Allocation
For More Information At
– Twitter channel: https://twitter.com/MultiVAC_Global
– Medium: https://medium.com/multivac-foundation
How To Join And Buy MultiVAC (MTV) Token?
MultiVAC (MTV) Token will be lanched on Kucoin Spotlight – The Exclusive Token Launch Platform of Kucoin Exchange. MTV Token Sale starts on April 3rd, 2019, 22:00:00 UTC+8 to April 7th, 2019, 22:00:00 UTC+8
Details of MTV Token sale informations such as above
– Step 1 – Register and complete Your Kucoin account verification, setup trading password: This is to ensure that token sales are being done in compliance with regulatory requirements in users’ jurisdictions.
+ Setup Trading Password: Click on the Icon at right corner then choose ‘Security Settings’ and click on ‘Trading Password’ to setup
– Step 2– Login Your Kucoin account and click on ‘Spotlight’ to go to the Kucoin Spotlight page
Once the criteria have been completed, ‘Coming Soon’ will be displayed. Otherwise, it will display “Unable to proceed the purchase’.
Purchase Criterion: You are required to complete KYC verification, trading password setup and sign “Purchase Agreement” to participate in the project. Click on each item to complete if You haven’t completed it before. After success, it is like the image below
– Step 3– Purchase MTV Token
+ You can use KCS coin only to buy MTV Token: You can buy KCS coin on Kucoin Exchange by Bitcoin (BTC)/ETH/USDT or other stablecoins, then use KCS to buy MTV Token
+ If You didn’t have Bitcoin (BTC), Ethereum (ETH), USDT: You can buy BTC/ETH/USDT by USD/EUR/GBP/VND on Kucoin Exchange or Binance Exchange or Binance.je or Gemini or Coinbase or Cex.io or Remitano. Then transfer BTC/ETH/USDT to Your Kucoin account to buy KCS coin and use KCS coin to buy MTV Token
+ Note: You must transfer Your KCS to Trading account to buy MTV Token
– Be fast: The MTV Token sales will work in a “first-come, first-served”. The sale will continue until the total MTV token amount displayed on Kucoin Spotlight runs out, at which point users will not be able to contribute anymore.
– Get Your MTV Tokens soon: MTV Token will distribute before April 09th, 2019, 00:00 UTC+8, You will be credited with the respective tokens to Your Kucoin account.
– You will be able to either directly trade the MTV token on Kucoin Exchange or withdraw the tokens to Your personal wallet once the tokens are distributed.
When the activity has started, you will be able to choose the purchase amount and click ‘Purchase Now’ to participate in the token sale. To confirm the purchase, you will need to input your trading password.
If your order proceeds successfully, there will be a message confirming your purchase.
The following countries/areas are not supported for the purchase:
the United States of America, Canada, New Zealand, Thailand, Japan, Mainland China, Bahamas, Botswana, Cuba, Democratic People’s Republic of Korea, Ghana, Serbia, Tunisia, Somalia, Zimbabwe, South Sudan, Sudan (north), Sudan (Darfur), Iran, Iraq, Libya, Syria, Eritrea, Ethiopia, Yemen, Sri Lanka, Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Côte d’Ivoire, Democratic Republic of the Congo, Guinea, Guinea-Bissau, Lebanon, Liberia, Myanmar, Pakistan, Nicaragua, Republic of Macedonia, Trinidad & Tobago, Tunisia, Uganda, Ukraine and Venezuela
Risk warning: Spotlight is a high-risk investment channel. You should be sensible in Your participation and be aware of investment risks. We is not liable for Your investment gains or losses. The information we provide is for You to conduct Your own research. It is not investment advice.
MultiVAC (MTV) Token Sale Details On Kucoin Spotlight – How To Join And Buy MultiVAC (MTV) Token? – Cryptokiemtien.com