My Identity Coin — (World First Identity Coin)
Cryptocurrency is taking its step to being accepted worldwide. Revolutionizing the world of currency.
Let’s go travel back to the history book. In just 2019 alone, Crypto users have lost 20% of ALL their existing tokens due to their negligence. Unlike FIAT, it’s unlikely the coins could be recovered.
#MyIdentityCoin (MYID), a part of “The Money Project” by OkGlobal Coin SWITCH, is the world’s first ‘tagging/wrapping’ technology that aims to eliminate risks from loss or theft.
A utility coin that’s used for tagging cryptographic blocks with unique owner identifying code. For simplicity’s sake, it means that in the future your information will be tagged on the coins you purchase.
Ultimately, this exponentially reduces the chances of any loss & theft across the global blockchain economy which could potentially save millions or even billions of dollars worldwide.
#MyIdentityCoin, MYID, are being offered through an initial coin offering launching on December 27th, 2020.
CRYPTOCURRENCY the term is still very intimidating for most people. There is always news flashing about the crypto scams and people facing big losses. The irony of this field is scams happens and they continue to happen like any other money scams around the world.
Therefore, it seems like a complicated task to invest in cryptocurrency.
MYID coins are 100% utility coins. Therefore there are no promises made to owners of MYID Coins. Investors in MYID Coin should understand that investments made into utility coins are not guaranteed and investors face the risk of losing all their investment. Utility coins are inherently a high risk investment and therefore all investors should weigh their risks when investing and do their own research prior to making any investment.
#MyIdentityCoin is a project is a part of “The Money Project” by the OkGlobal Coin SWITCH and this project is created as the world first tagging/ wrapping technology with unique owner identifying code. The main purpose of MYID coin coding is to reduce and ultimately eliminate threat of loss, theft. The total supply of MYID Coin is 100 billion Ethereum(ERC20) . At present the MYID Coin is a Ethereum ERC-20 blockchain based platform but #MyIdentityCoin will migrate to its own unique block due to the functionality limit of the ethereum blockchain.
After migrating to its own unique blockchain, My Identity Coin will be operating in an algorithmic mesh with OkGlobal Coin and may be used for many other blockchain assets.
Unlike all other cryptocurrencies, the OKGlobal coin holds an increasing raw of forfeit cash value. In Banks and financial institutions they have been loan and invest with other people’s money and then funneling those profits to a select people but in the blockchain technology and OKGlobal coin SWITCH, the profits will be returned to only the participating members who hold OKGlobal coin because it was their money which was used to generate the profit.
#OKGlobal will put profits back to the hands of the people. Governments and other institutions will not be left unleveraged to use our money to form money for themselves and their constituents. The rates and costs charged by OKGlobal are going to be rock bottom available within the marketplace. Profits are going to be reinvested into the worth of our coin thereby increasing the intrinsic value of all coin holders year after year.
The first and only compliant international blockchain project of its kind aimed toward the entire disruption and takeover of banking, finance, exchange, and payment processing via a living reactive decentralized autonomous organization, DAO. A living DAO that operates globally to exchange faith-based problematic fiat currency and convey back the utilization of real “money” which holds an intrinsic value backed by assets and investments, which will rise in value to beat inflation rates and be used globally without the threat of loss, theft or unfair confiscation.
With a locked-in value of 35% just in case of company/coin collapse for all early owners/investors.
#OKGlobal Coins are currently a tomo chain TRC21 token with a complete supply of 100,000,000,000. 50 billion (OkGlobal Coin LLC USA) 50 billion OkGlobal Coin Pte Ltd (Singapore). 60% tokens are going to be allocated for investors/funding and therefore the remaining 40% are going to be reserved for the event team and founder. The tomo chain block was used thanks to its rapid transaction speed and nominal fees per transmission/verification. OkGlobal Coins must migrate to its own unique blockchain thanks to the limited functionality of tomo chain and to satisfy our project mission of an independent democratized autonomous organization. OkGlobal Coin and SWITCH are separate cooperative entities. SWITCH acts because the decentralized utility to verify and process payments for an open public platform for crypto payments.
Why OKGlobal
0.1 % merchant payment processing(1/tenth to 1/30th not exactly current market rates) with zero for every exchange charges, made sure about protection premium financing, worldwide cash cross installments to delete or lessen money trade expenses and another moderate-low to no hazard money the board answers for offer genuine advantages while guaranteeing expanding estimation of our crypto coin.
Free charge cards and financial records (held in fiat and additionally crypto) to all or any . 3: SWITCH bookkeeping completely straightforward and accessible on the online . Benefits return into coin record equilibrium to increment inborn worth and solidness of OKGlobal coin. The worldwide network shares benefits as individual member proprietors.
Coin Structure
Creation of Coin which will have a flash transformation to the fiat of vendors decision or held in OKGlobal crypto coin account exchange made to vary various coins over to fiat and therefore the other way around. Various coins are often utilized however with higher transformation fees. All OKGlobal people group members’ possessions should be in fiat or OKGlobal coin. OKGlobal Community administration focuses are going to be open for member administrations.
Benefits of OKG Usage
Guaranteed least expanding base(minimum return) esteem from reinvested gets back from administration/installment/account/speculation stage if there should be an event of organization/coin collapse.
Improve and facilitate money move and lessen exchange expenses to an immaterial sum that’s gainful to all or any participants.3: Retain or increment buying influence a seemingly endless amount of your time after year by outperforming or at absolutely the minimum staying conscious of the expansion.
OKGlobal Coin and SWITCH is the progress and additionally option to the customary cash the board establishments into the new worldwide economy pushing ahead with the released advantages of blockchain innovation.
- Reduce or sometimes eradicate expenses and charges
- Instant change to fiat cash accessible to forestall conceivable worth misfortune because of market instability
- Instantaneous installment compromise
- No more downgrading of cash
- Holds characteristic expanding esteem upheld by speculations, benefits and valuations
- Unencumbered basic use for buys around the world.
- Participants have direct everyday authority over administration of assets and friends.
- Funds and friends isn’t overseen all in all by or in the interest of the customer.
- Participants’ commitments are kept isolated, and benefits/pay are not pooled yet dispensed to member contingent upon how member assigns utilization of assets. Assets can just sit as money/fiat in their record with no movement.
Another issue will be appropriate arrangement of the whole foundation of OKGlobal SWITCH and how assets are to be designated to get an ideal return. The stage creation is an auxiliary issue contrasted with the framework arrangement. A very much experienced educated group from a horde of ventures should be accumulated to build the foundation and work innovatively to foresee and conquer obstacles. We are on the cusp of another worldwide strange economy and accordingly innovativeness and expectation of fighting special issues will be a need.
Cash trade workplaces will be situated inside or around global air terminal terminals. These workplaces will be of huge advantage in showcasing OKGlobal Coin for sure fire global appropriation. Zero charge money trade will be offered for all SWITCH account holders. SWITCH records can be opened up inside the space of minutes straightforwardly at the trade office since all global explorers will have the fundamental reports close by. SWITCH administrations telephone application will be introduced and record access installment cards(similar to check cards) will be given nearby.
Exchanging OkGlobal Coin on a trade, or any associate collaborating coins associated with a trade whose instability is straightforwardly tied/fundamental with bitcoin isn’t in accordance with the objectives of OkGlobal coin. The reason for OkGlobal Coin is to give a dependable fiat money elective that takes care of the issues fiat cash and theory cause for individuals dependent after exchanging money for administrations or potentially items. This issue needs further exploration and insight. We will do what is in wellbeing of our members and the general venture.
OkGlobal Coin and token distribution
Current Set Sale Price: 1 OKGSG = USD 0.004
Current Set Minimum Return Value: 1 OKGSG = USD 0.0014
#OKGlobal Coins is actually a tomochain TRC21 token with limited availability of 100,000,000 (50 billion OkGlobal Coin LLC USA 50 billion OkGlobal Coin Pte Ltd Singapore). 60 percent of the tokens will be distributed to investors/funding and the other 40 percent will be reserved for the production team and the maker.
The tomochain block was chosen due to its fast transaction pace and negligible transmission/verification fees. OkGlobal Coins would switch to its own special blockchain due to the restricted capabilities of tomochain and to serve our project goal as an independent, autonomous, democratized, entity.
#OkGlobal Coin and Transfer are independent cooperatives. SWITCH serves as a shared service to validate and process transfers on an open public crypto payment network.
ICO IS LAUNCHED ON 27 DECEMBER 2020 аt 09.00 SINGAPORE TIME
TICKER : MYID
MYID ERC20 :0xbee571a0a8599ada125e1a33e56287c3c594a5e2
1 ETH :500,000 COINS DURING ICO
Hard Cap : 50,000 ETH = 25 billion MYID coins
Total Volume : 100 billion (ERC20) MY IDENTITY Coins
Launch Date : 27 December 2020 9 аm Singapore Time
ICO duration : 60 days
Conclusion
MyIdentityCoin hаѕ proper plann , a well designed roadmap аnd а definite achievable short term аnd long term goal tо lead thе project successfully adopting а mass network оf people. I bеlіеvе thаt thіѕ project dеfіnіtеlу gonna hаvе а great future аѕ іt focuses оn solving thе financial problem оf people.
MyIdentityCoin Project іѕ developing аnd іt ѕhоuld bе а great reason fоr investment. Personally, mу opinion thіѕ project hаѕ а vеrу great future. Wіth ѕuсh а strong team. Wіth а realistic concept аnd аn efficient team, thе project wіll thrive іn providing а comprehensive plan оf action. Tо ѕее thе amazing growth, еvеrуоnе ѕhоuld consider. I hope MyIdentityCoin іѕ vеrу good Project. I аm ѕurе thіѕ project lаtеr whеn launching wіll bе а lot оf іtѕ enthusiasts bесаuѕе thіѕ project hаѕ а solid team structure аnd trusted.
For more information :
Website Link : https://okglobalcoinsg.com/
Twitter : https://twitter.com/MyIdentityCoin
Facebook : https://www.facebook.com/myidentitycoin
Telegram : https://t.me/myidentitycoin
Discord : https://discord.gg/JRMSdh6GFp
ANN post: https://bitcointalk.org/index.php?topic=5299156.0
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