Review — MY IDENTITY Coins | The First Tagging and Wrapping Technology
What is MYID Coin?
MYID Coin 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.
Problem and its solution by OKGlobal coin & Switch
The main problem is High merchant card processing fees & long account reconciliation times.
- With the help of card payment the trillions of dollars are transferred annually from customers to merchants and the fees are typically 1 to 3% of the amount charged. The per transaction fee of between .05-.25 cents. In many businesses the monthly profit is only a several percent points, assuming they are profiting at all. The Consumers are often charged surcharges and/or require minimum purchases.
Solution: OKGlobal has no per transaction fee and only 0.1% charge.
2. Funds are not deposited into the merchant accounts for several or more days, for which tying up funds that could be used for regular operational expenses.
Solution: Funds are available instantly in OKGlobal coin to merchants account.
3. The Merchants are need to lease or buy card processing equipment and have a phone line dedicated for the machines.
Solution: OKGlobal has no monthly minimum fee, no equipment. Through the customer’s free phone app via SWITCH platform, the payments will be instantly processed.
Creation of Coin which will have a flash transformation to the fiat of merchant’s decision or held in OKGlobal crypto coin account. 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.
OKG Featured Coin
1. OKGLOBAL SECURITY COIN (OKGSG): Compliant securities coin only for accredited and qualified investors.Capped risk investment.
2. MY IDENTITY COIN (MYID): MYID Coin is open to everyone. MYID Coin is a utility coin for tagging identity to blockchain packets. Immediate liquidity on Uniswap Exchange.
3. SWITCH STABLE COIN: Stable coin 1:1 backed and redeemable at its international service centers or various exchanges.
Benefits of OKG Coin
1. Guaranteed the least minimum increasing base value from reinvested get back from payment/finance/ service/investment platform if there should be a company/coin collapse.
2. Improve and facilitated currency transfer and reduce transaction costs to a negligible sum which is beneficial for all the participants.
3. Retain or increase purchasing power year after year by outperforming or at absolutely the minimum staying conscious of the expansion.
OKGlobal Coin Detail Token
MY IDENTITY COIN by “The Money Project” at OkGlobal Coin SWITCH.
The ICO LAUNCHING ON 27TH DECEMBER 2020, at 9AM SINGAPORE TIME.
Token Ticker: MYID
MYID ERC20 Contract Address: 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
40% is reserved for the team and participants of the The Money Project campaign and the remaining 60% will be offered for sale to the public.
Launch Date: 27th December 2020 9AM Singapore Time
ICO Duration: 60 days
4TH QUARTER 2020 — 4TH QUARTER 2021
Onboarding/public awareness execution
STEP 1 — FIRST LOCATION IN SINGAPORE
Soft Opening with Market Testing
- SGD 5 million Cap at USD .004/ coin
- 2 million reserved for investors 3 million for public. (40/60 split)
STEP 2 — SECOND LOCATION IN SAN YSIDRO
Official Launch of Both USA and Singapore Centers
- Mexico Border Location Exemption for limited offerings not exceeding $5 million — Rule 504 of Regulation D
- Prepare new locations Korea/Japan/Indonesia/Germany/New York and others to follow
STEP 3 — OPEN KOREA/JAPAN/GERMANY/NEW YORK
- USD .008/ coin offering on exchange with pre-screened members in 6 to 8 months after first location Singapore Launched.
- All early adopters can double profit.
- Open exchange for speculation and sell coins
- at all locations at speculation price.
4TH QUARTER 2021
Launch World’s First OKGlobal Financing Services.
Offer full line of traditional international banking services to our members by 4th quarter 2021.(Checking accounts, bill pay, debit cards, payments via phone app, etc.,)
1ST QUARTER 2022
OKGlobal Coin’s own unique blockchain with payment/money management services and lifestyle/social networking app released.
The Team Member
- Han S. Kim — FOUNDER
- Shultz Wang — Project Oversight Manager
- Brandon Tee — Singapore Legal Advisor
- Niranjan Singh — Technical Advisor
- Yves Bong — General Operations and Media Manager, Singapore
For More Information Visit Exchase Official Site:
- Website: https://okglobalcoinsg.com/
- ANN: https://bitcointalk.org/index.php?topic=5299156.0
- Reddit: https://www.reddit.com/r/MyIdentityCoin/
- Twitter: https://twitter.com/MyIdentityCoin
- Facebook: https://www.facebook.com/My-Identity-Coin-105559404747595/
- Telegram: https://t.me/myidentitycoin
- Discord: https://discord.com/invite/78qsbwV
- Join Bounty: https://bitcointalk.org/index.php?topic=5300339.0
#OkGlobal #MyIdentityCoin #blockchain #cryptocurrency #technology #bitcoin #money #crypto #ethereum #cryptocurrencies #fintech #ICO #innitialcoinoffering
- Forum Username: biplob111
- Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2374003
- Proof of Registration: https://bitcointalk.org/index.php?topic=5300339.msg55849649#msg55849649
- Telegram: https://t.me/bikashkarmakar
- ETH Wallet Address: 0x73dDC38A129ec18cF8fDBa5D19A372ceA09f6F3c