Tuesday, September 25, 2018

MUST - Transfer of Rights to Assets Using Non-fungible Tokens


Hello everyone, If you are interested in joining the MUST project, it is a good idea to read reviews that can help you get information that might help you in seeing their vision and mission, as follows:

WHAT IS MUST PROTOCOL?
MUST Protocol is the open protocol of confirmation and transfer of rights to assets using non-fungible tokens

Exchanging RIGHTS underlies all transactions in our life!

The modern world is on the verge of global changes caused by mankind entering the information age – a historic period described by the global shift from traditional industry that the Industrial Revolution brought through industrialization, to a digitized, computerized industry based on information transfer2

The use of digital models and digitization of processes enable complex economic problems to be solved more efficiently – For example, efficiently managing assets using their digital models.
The transition from the industrial model of the economy to the information model is accompanied by the emergence of mechanisms to exchange values via the Internet.
The Internet of value will allow the exchange of any assets valuable to someone in the near future, including money, shares, votes, securities, intellectual property, music, scientific discoveries, vehicles, real estate, and much more3

The transition of the Internet from the transfer of information to the transfer of value will lead to global changes in all sectors of the economy.
  • What is value?
  • What is value for me?
  • What do I consider value and how can I explain it when asked?
Everyone has different views on value.

For me, value is expressed in the capability of using an asset – for example, driving a car, living in a flat, or using a computer for work. For most of us, value is expressed in the capability of using an asset, because it is through use that we get the final product as a benefit and/or an emotion.

At the same time, value for an investor is owning an asset and the capability to dispose of it. These two rights allow the investor to obtain the final product as a benefit – the added value from the acquisition and subsequent sale of an asset.

By acquiring rights to an asset, we gain access to benefits provided by that asset:
  • Right to use a car – the right to drive a certain distance [km] listening to favorite music.
  • You need to offer the right to a portion of the money you own in exchange for this right
    –pay to a taxi driver for a trip or rent a car you like [a contract for transportation or rent].
  • Right to use a flat – exchange the right to a certain amount of money you own for the right to use a flat you like [lease contract] and use all the amenities (shower, coffee machine, comfortable bed, TV, etc.).
  • Right to hold and dispose of MUST tokens – transfer the ownership right to a certain amount of ETH in exchange for MUST token ownership, receive the right to sell tokens at an attractive price and gain profit.
Our whole life consists of an endless series of exchanges of various values through the provision of a right to assets from one to another. Each transaction of exchange of values is the exchange of one right for another.

The MUST Protocol will provide a wide range of users with a comprehensive solution capable of ensuring a full-fledged transfer of values from the real to the digital world by tokenizing all types of rights to assets.

The MUST Protocol includes the stages of verification, digitization, complex criterial evaluation, asset status monitoring, identification of holders of rights to that asset, and tokenization of rights. This approach will ensure the possibility of establishing a digital ecosystem for participants in the real economy built on the exchange of tokenized rights to assets.

The MUST Protocol is an open source protocol designed to confirm, account, and manage rights to assets through non-fungible tokens. It offers tools for creating efficient decentralized DApps, ensuring the ease of authentication of information about real tangible and digital assets (vehicles, real estate, equipment, securities, currencies), and rights to these assets.

The MUST vision is to offer a public protocol for non-fungible tokens [NFT] accessible to a broad technical audience. It significantly reduces development time, risk, and costs associated with the development of the blockchain-based solutions.

The MUST platform is already working
  • MUST Expert MORE
  • MUST Auction MORE
  • MUST Inspect IOSANDROID
  • MUST PriceGET EVALUATION OF THE REAL VALUE AND TIME FOR SALE OF YOUR EQUIPMENT
ASSESSMENT OF THE USED COMMERCIAL VEHICLES IN 10 SECONDS
We will analyze more than 1 million advertisements for the last 120 days, including those sold and placed for sale at the moment.

We calculate the real market value and give you the forecast of the price and timing of the sale of your equipment.

TOKEN ALLOCATION BY STAGES


  • PreSale: 01/Aug — 30/Sep
  • Token sale: 01/Nov — 30/Nov
August 1, 2018
Launch of the token sale for major investors with the entry threshold of $ 100,000
All the participants are granted with a 25% bonus.

MUST Token Sale
  • Token short name:  MUST
  • Token full name: Main Universal Standard of Tokenization
  • Token standard: ERC-223
  • Token price: 0.04 USD, 1 USD = 25 MUST
  • Maximum bonus on presale: 25%
  • Hardcap: 14 ООО ООО USD
  • Softcap: 6 700 000 USD
  • Initial offering: 500 000 000 MUST (no secondary offering)
  • Volume for sale: 350 000 000 MUST
TOKEN DISTRIBUTION


Token FREEZE
  • July 1, 2019 Team tokens are unfrozen
  • July 1, 2019 Must foundation tokens are unfrozen
  • January 1, 2019 Marketing & Advisors tokens are unfrozen
  • January 1, 2019 Bounty tokens are unfrozed
INVESTMENTS DISTRIBUTION
  • 35% Research & Development
  • 20% Legal
  • 40% Marketing
  • 5% Operational costs
ROADMAP
Roadmap is made up according to the MUST project team’s actual vision of existing tasks, current priorities taken into consideration.
  • Q2 2016 - MUST assets digitization standard development start
  • Q4 2016 - First MVP MUST Inspect - assets digitization service
  • Q1 2017 - MUST Inspect (assets digitization service) Alpha version
  • Q3 2017 - First MVP DAsset CORE for asset’s digital container creation
  • Q4 2017
    -MUST Protocol project conceptualisation
    -Market analysis and strategy development
  • Q1 2018 - MUST Platform decentralized architecture development
  • Q2 2018
    -Token Sale concept development
    -MUST [ERC-223] smart contract development and audit
  • Q3 2018
    -Whitepaper 1.0
    -MVP TAsset CORE - assets confirmation NFT launch [ERC-721]
    -MVP TRight CORE - rights for assets TRight [use] for Rent Auto [ERC-721] NFT launch
    -MVP Escrow DAO - for Rent Auto
  • Q4 2018
    -DApp Smart ID for Whitelist/KYC [will be applied during MUST Token Sale]
    -Whitepaper 2.0
  • 2019 Q1-Q4
    -MUST Platform | Exchange - fungible and non-fungible tokens exchange
    -MUST Platform | Marketplace - decentralised NFT based marketplace [ERC-721]
    -MUST Platform | Dashboard - public indexes monitoring for NFT [ERC-721]
    -MUST Protocol I SDK
To find more relevant details from the MUST project, please follow some sources for the following references:


Bitcointalk username: Aray80

Featured post

FST NETWORK - FAST.SMART.TRUSTWORTHY