MIB – ICO Review – Smart Mobile Mining Blockchain Network
The MIB (Mobile Integrated Blockchain) platform has three main themes;
Cryptocurrency and Eco-friendly Energy
Mobile SmartX Blockchain Platform
A feasible, Sequence-centric blockchain business
Starting in the 21st century, the blockchain technology, which is the basis of Bitcoin, Decentralization and Distributed ledger technology, is moving traditional assets and credit transactions to various forms of blockchain trading.
MIB coins are protocol-type coins that operate mobile-based ecosystems, but they can be outlined 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 absolutely possible to operate and expand the complete blockchain ecosystem through the mobile environment.
Vision of MIB
They 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 of opportunities. 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 Specifications and Features
MIB Blockchain Network Architecture
How MIB Works?
MIB coin cannot mine existing ASIC and GPU methods. It is only available on smartphones. Benchmark our smartphone and allocate a hash rate. MIB is designed so that our smartphone is able to withstand the computational complexity required for mining and protect our smartphone from overheating and damaging the hardware. It’s possible with one smartphone. Decreased power by 99.24% compared to existing mining machines. Anyone can mine with a smartphone.
SmartX Blockchain Platform
It’s definitely not a dedicated mining machine (ASIC or GPU). It is mining on the smartphone. Mining that was specific to just certain nations and affiliations are at display accessible to all. Everybody can participate. An eco-satisfying, low-control criticalness based mining methodology clears up finished the best powers utilize issues. Keep it at an insignificant cost as opposed to existing shocking expense blockchain systems. Additionally, a gathering of tokens will be made on the SmartX Blockchain Platform MIB sort out.
Characteristics of Cryptocurrencies and MIB
SmartX Blockchain Platform Ecosystem
How MIB Coin Is Mined
The MIB Coin (www.mibcoin.io) is intended to be mined particularly on cell phones and cannot be mined by intense mining machines. Mining MIB Coin requires 99.24% less preparing power contrasted with customary diggers, requires next to no power and the aggregate cost of the procedure is decreased in a way never observed. This is essentially phenomenal in light of the fact that it goes past cost diminishment by being absolutely eco-accommodating and practical. Mining will be available to everybody from anyplace with a web association from cell phones. Simply download the application from the application store, enlist and begin mining. It’s quick, no compelling reason to know to a Programme or handle entangled settings that even a 5-year-old could do. The procedure is totally protected and includes no danger of harm to gadgets.
MIB Technology
Mobile SmartX Blockchain Platform (MSXBP) solves extreme power consumption problem through Eco-friendly Low-power Mining type and runs the Blockchain Network with minimum cost. Also, MIB will integrate Blockchain Distributed-Computing Technology to process Consensus and Proof work done in Mining Peer level that will solve fundamental speed, parallel processing, and block other dangers suchlike 51% Attack. Their ultimate goal is to have every function of PC Nodes run on Mobile Unit.
MIB Coin Overview
Token and ICO Details
MIB tokens were issued in the amount of 600 million. 300 million MIB are allocated for sale. The pre-sales have already been completed, and at the moment the project is at the crowdsale stage. Until August 10, investors have the opportunity to purchase the cryptocurrency at a price of 1,200 MIB for 1 ETH, which is equivalent to buying 1 token for $0.5. The minimum purchase amount is 1 MIB. We can buy the cryptocurrency with the help of BTC and ETH. The project’s soft cap is $10 million; the hard cap is $25 million.
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
Use of Proceeds
Founding Structure
Roadmap
Team / Advisor
Media Partners
For more information, please visit the link below:
Website: http://www.mibcoin.io/
White paper: https://drive.google.com/file/d/1V0J0kHNkpMDcPCZEGVtZhbAA_UAsfijl/view
Twitter: https://twitter.com/mibcoin
Facebook: https://www.facebook.com/mibcoinio/
Telegram: https://t.me/joinchat/DNeZgA-RivbU3EOQfl-wIQ
This article was written to the best of our knowledge with the information available to us. We do not guarantee that every bit of information is completely accurate or up-to-date. Please use this information as a complement to your own research. Nothing we write in any of our articles is intended as investment advice nor as an endorsement to buy/sell/hold anything. Cryptocurrency investments are inherently risky so you should never invest more than you can afford to lose.
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