Being one of the digital platforms by applying blockchain technology will definitely make Moco a market that also contributes to the use of digital tokens in it. Every service they provide and is determined to be paid, it can be paid through Moco tokens. This token has several other functions besides as a payment instrument. However, before knowing more about what functions Moco tokens have, it’s good to know in advance the specifications of the Moco tokens.
Introduction to Moco Digital Tokens
Moco Tokens are digital assets that operate on this platform. The symbol of Moco tokens is MoCo, which stands for Motion Communications. Moco officially issued this token as an ERC20 type utility token. This type is commonly found in a number of other digital tokens which means the system is protected by blockchain technology which is very phenomenal. Blockchain makes this digital token have its own security system that can protect it both during storage and when distributed. This Ethereum blockchain is considered easy to use and directly implements smart contracts in transactions. Ethereum also prevents excessive loops and DOS attacks against crowdsale. Besides the GHOST Ethereum protocol will speed up the creation of new blocks so that transactions can also run faster. The duration needed for transactions into blocks is 16 seconds. If there is a delay, the duration of the transaction will be increased by using off-chain technology so that the transaction will not experience a longer delay.
Distribution of MoCo Tokens
MoCo is planned to be distributed in a very large amount, which is 8 billion MoCo tokens. The distribution of these tokens will be divided into several groups, including 15% for the Moco internal team and advisors involved, 20% for use in marketing products and distribution of sales, 20% for crowd sales or trading to obtain platform development funds, 20% for returns to the community, and 25% is used for returns on the part of the company that has a partnership.
Allocation of Funds for the Benefits of Selling MoCo Tokens
Funds obtained from the proceeds from the sale of MoCo tokens will be allocated to several categories, such as 15% used as refunds from a number of related parties, 10% to complete platform operating licenses, 20% to market Moco’s products and develop promotional activities to better introduce Moco told the public, 20% to build and refine the infrastructure of the platform and complete various projects that were still pending, 20% to finance the making of Moco software in the form of social media applications and games, and the remaining 20% was used to develop Moco’s products.
Sales of MoCo Tokens
Moco set a soft cap or a minimum target of the profit they can get is 6 million USD and the hard cap or maximum profit target is 28.8 million USD. The selling period for MoCo tokens is currently underway. Token sales have been going on since April 1, 2019 and will continue until September 30, 2019. In this sale, Moco does not give bonuses to users because this is the last sales period and is the period of sale of the main MoCo tokens and opened in general. But Moco will give bonuses of more than 10% by using the referral link in the user’s Moco digital wallet account. Previously, Moco has held 4 Pre-Sale sales periods which first took place on June 20, 2018. Purchasing MoCo tokens can be done using digital currencies, such as Bitcoin (BTC) and Ethereum (ETH) and can also use fiat currencies in United States dollar form.
Function of MoCo Tokens
In general, MoCo tokens are specifically functioned for payment services on this platform. Any features or content of interest can be purchased using MoCo tokens. This token can also make it easier for every user who does not have a bank account to obtain services. They can be involved indirectly in trade but have greater access to trade conditions through the cryotocurrency market. MoCo is a product that offers solutions to reduce the risk of financial loss. The use of MoCo tokens will prevent users from risking a decline in currency values because the cryptocurrency system works in a different scope. By using MoCo digital tokens, this will create a new economic zone for each holder of this token.
There are five components of technology that are currently ranked in the top five as the most widely applied components on various platforms. The five components of this technology are AR (Augmented Reality), VR (Virtual Reality), MR (Mixed Reality), Avatar and games. AR technology is a technology that serves to add several components — certain application components which are then integrated into the real world. VR (Virtual Reality) technology is a technology that brings users into cyberspace or in other words this technology tries to eliminate concepts from the real world. Whereas MR (Mixed Reality) is a collaboration between AR (Augmented Reality) and VR (Virtual Reality) technology. But the standard itself is still under the XR (Extanded Rality) technology. Avatar itself is a scanning technology or converting photos of actual human faces into cartoons. The last is the game, which in the operation of this game all the collection of technologies described above can be realized one by one.
Therefore, this also relates to the founders and the teams who joined in making the Moco platform. Which is where the founders and teams have previously been very experienced in projects that involve the use of these technological components. Similarly, if analyzed from market demand that puts a high interest in applications that use these technologies. So from that Moco was created with the merger of these five technologies which will be expected to enter into the market for Anroid and EOS-based smart cellphone users.
In addition, Moco also uses the blockchain technology system as a payment tool. As we know that blockchain or cryptocurrency technology is a technology that is currently developing and becoming known by the world. Therefore this is the main reason and brilliant idea to integrate blockchain and Moco technology. Previously the teams had also participated in many world class workshops which discussed the development of cryptocurrency on an international scale.
The following are some of the things that make up Moco’s business planning:
1. Bitcoin talk Boost
Bitcoin talk boost is a blockchainn forum that discusses the use of cryptocurrency in the world of Bitcoin. Bitcoin is one of the cryptocurrency platforms that focuses on investment or currency trading which is currently very well known among the public in general. In this forum the teams will make every effort to introduce the Moco platform and also promote the sale of tokens.
2. Telegram
Telegram is now known as a messaging service that has been proven safe and fast. As well as by telegram, users can also search for friend accounts that support the development of a platform, especially Moco. So it will be very easy to promote Moko tokens, because many traders or cryptocurrency investors are actively joining in the telegram rather than in other messaging applications. For this reason, the teams will invite around 150 investors to the group every day to promote the sale of these tokens.
3. Twitter, Facebook and Instagram social networks
Just like other platforms, these social media accounts are used to introduce Moco and attract media attention, to be discussed in international online media. This directly helped the team to introduce Moco to a wider scope.
4. PR (Materials, Bloggers, Reviews, Press Releases)
The first step for PR teams from class A will be to work together to share news regarding Moco’s platform projects. This can be realized because professional teams that have collaborated with local and international media. These include companies that provide professional blogger services. It is hoped that later the news about the Moco platform and token can be seen and published by leading media.
Market planning must be planned structured and directed, starting with direct introductions such as following roadshow forums or international workshops and indirect introductions through social media. Which both of these if collaborated will greatly affect the growth and development of the platform.
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