Music, art, literature, inventions, designs; all valuable properties of human creation but never traded publicly, in fractional portions, until now. Machi X is an easy-to-use, cryptocurrency exchange that will
(i) enable creators of intellectual properties to issue rights to their property
(ii) enable people who appreciate the value of these intellectual property to invest into and own a fraction of the properties listed on the exchange.
Machi X provides convenient service contract modules for intellectual property owners who list their properties on Machi X, to return value to their token holders. Value can be returned to holders in the form of special utility rights. Some examples of these special utility rights may include:
(i) Access to pre-release songs, if the intellectual property listed is a music artiste (yes, artistes or anyone with a fanbase can list themselves on Machi X)
(ii) financial benefit from the burning of tokens using a portion of future earnings.
Machi X and Mithril will be [Forged] upon launch of Machi X: Both platforms will pool token economics and utility benefits together, to be distributed to MCX and MITH holders.
Starting October 16 at 12:00 GMT+8, Machi X will launch 10 AtomicDrops - Once a month, for 10 months. During each AtomicDrop, holders will receive the number of MCX tokens equivalent to 10% of their MITH tokens saved in their VAULT (including staked MITH). The more MITH tokens you keep in the VAULT, the more MCX tokens you will receive. Get ready for the AtomicDrops!