In this faster-developing world, everything is changing and becoming easier. Even the transaction processes. The technology has made our lives so comfortable that w do not even need to carry on physical currency with us because virtual currency or cryptocurrency is enough for taking care of the payment system.
To make payments through cryptocurrency it needs to have blockchain network for transfer of funds. For this many blockchain networks have been working out there and Merculet is one of the best as it has been providing service by having all the possible security service and making the system run seamlessly.
Merculet
Merculet is the blockchain network providing an organization that has settled the goal of maximizing the internet of value to make the ultimate solution for the users by implementing attention into the enterprise growth.
The tagline of the organization says a lot about the organization, “Chief growth officer of global enterprise” which means their main focus is the entrepreneur and to become the leading growth officer over time. By using blockchain technology they are thinking of maintaining the transformation of relations among the customers, producer, and investors which will allow the users to grab monetize attention.
Foundation
If someone wants to know the foundation of Merculet then they need to know it from the root level. It was established in Singapore back in 2017 by the name of Magic Foundation Limited being a non-profit legal entity. It needs to commit to advocating and promoting the transparent development and management of Merculet.
This helps to build a safe and harmonious open community for the cryptocurrency. From the very beginning of its first day of operation, Merculet will reserve a special fund as an incentive for developers to motivate the excellence global developers to timely contributions to the technological improvement. It also makes the development and operation through the mechanism of Merculet that can gradually achieve the decentralization and De-Merculet-lization.
Contribution
The Magic Foundation has a greater contribution in Merculet for being in this position. As Merculet is still at the development stage so it needs updates and changes frequently and constantly. Such updates and adjustments are backed by Magic Foundation Limited.
This also helps Merculet for immediately and can gradually open to the public for the development progress and application status. Also, the founder company has some proactive or remedial steps for updating the protocol of underlying Merculet in response to any advances in cryptography.
This also has a contribution to the additional reasonable status of security measures wherever is required. The foundation company also has responsibility for stabilizing the effect of MVP’s market price if there is any such price.
Magic Foundation and Merculet
Though Merculet is a separate cryptocurrency organization it will still base on the consortium of distribution ledger. At the of initial development, Magic Foundation Limited is not owned, owned, operated or even controlled separately by the Magic Foundation Limited which is also maintained jointly through varieties of nodes in the consortium.
For any differences, there are some conflicts and contradiction among the information that is published by Magic Foundation Limited as an agreement between the purchasers and the third party crowdfunding portal.
Relation with Tokens
The prices of tokens may fluctuate and the fluctuation may take place over a shorter period of time. These sorts of fluctuations may result in the market forces of speculation or changes in the balance of supply and demand. In such situations, Magic Foundation Limited can never be responsible for the secondary market trading of MVP. It does not really matter if there would be any such markets for MVP or not. But still, Magi Foundation cannot be obliged or tamed for the price volatility or MVP.
MVP tokens can be achieved through the synergy and value exchange between different entrepreneurs. The foundation of Ethereum is regardless and gives efforts to keep the network of Ethereum that secures intentional or unintentional introduction to the weaknesses or bugs into the core infrastructural elements of Ethereum
Magic Foundation Limited never intends to act as a sensor to the scrutinizing to any extent of the User Attention Tokens within Merculet. Such kind of User Attention Tokens is also involved in crimes which can be attributed to the relevant issuers instead of Magic Foundation Limited.
Website : https://merculet.io/
Whitepaper : https://drive.google.com/file/d/1J49EDgvidOnUTG3EktoCeVVgpJ1ArjpY/view
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=922734