MASTERNET: A STRONG, OPEN-ENDED CRYPTO ECOSYSTEM ON THE HORIZON

PREAMBLE

Blockchain enables new ways of exchanging value securely while ensuring a reliable transaction. It enables people to meter excess capacity and facilitates non-traditional ways of generating income. Despite all the benefits, there are some challenges that the technology needs to address, I will talk about some of these challenges:
Because of all the hype surrounding Bitcoin and other digital currencies, blockchain started appearing like a pyramid scheme.

The technology is yet to mature and is susceptible to capacity problems, system failure, unanticipated bugs, and perhaps most damaging, the huge disappointment of technically unsophisticated users.

The bitcoin blockchain lacks transactional capacity. Some suggest that the way to mitigate this is by using other consensus algorithms. Another way is to use a sidechain which is a fork of a larger blockchain like bitcoin, while using the parent blockchain’s infrastructure.

Transactions on the blockchain are immutable which creates a system that is a bit sociopathic. Immutability is a double edged sword.

Much work needs to be done in basic interface and experience. A bitcoin address is an alphanumeric code. You don’t type an IP address to access a website, why would you then type an alphanumeric code to access a bitcoin wallet.

For these reasons stated up here, MASTERNET is birthed so as to reshape the world of digital transactions and the blockchain ecosystem at large!

MASTERNET is a Multi-system Interconnected Financial Platform and is a Community Project of the Akasic Network; a South-Korea-based Decentralized Ecosystem of Advanced Blockchain-based Platforms, which includes AkaTrade the World’s No.1 Crypto Exchange For Beginner Traders.

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HOW THE MASTERNET PLATFORM WORKS

Firstly, it built strong and healthy communities that are suitable for the Akasic Network ecosystem as well as other different kinds of projects (the categories are determined by the MASTERNET experts).

Secondly, during the community development stage for the Akasic Network ecosystem, team also seek for potential Blockchain projects that might be still in early stage or active for awhile but none of them has a strong enough community to support them. Then, both sides come up with terms and conditions to benefit each to integrate. Which of course, based on the needs of those Blockchain projects MASTERNET will educate its communities accordingly.

Then thirdly, MASTERNET community will be rewarded with a proportion of the Akasic Network ecosystem revenue as well as other projects’ revenue, at first, the revenue will be generated from the transaction fees when the MASTERNET’s communities by using MASH to make payments, trade cryptocurrencies, do shopping, transfer money.

Every community member should understand a fact that; The bigger the MASTERNET community is, the more revenue streams we will get from a wide variety of activities of our community in the ecosystem such as:

i. Revenue from advertising and marketing;

ii. Products, products listing fee, cryptocurrency;

iii. Conversion fee, custody service fee;

And then, at the end of every week, that revenue is partly distributed to registered MASH holders who lock an amount of MASH tokens accordingly to the package that they choose compared to all registered MASH holders, while the other part is used for the project operation and development. For example, if you the package you purchased is valued at 1% of the total valuation of all registered packages, you will receive 1% of the profit.

Also, the registered MASH holders can also receive revenue drop airdrops that MASTERNET’s partners frequently conduct as part of the deal.

Lastly, MASTERNET’s development will be both determined by the team and registered MASH holders for the best based on our future voting schemes.

ABOUT AKASIC GLOBAL

Akasic Global is incorporated in Seoul, Korea with an Advanced Open-ended Crypto Ecosystem that includes the World’s No. 1 Crypto Exchange for Beginner Traders.

AKAMINING

By investing into the Crypto Mining facilities, Akasic Global has created an optimal environment for community members and investors to grow continuously.

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ROADMAP

By definition, Roadmap is a plan or strategy intended to achieve a particular goal. That is to say the MASTERNET Roadmap is a step-by-step means by which the mission of the project is to be fully achieved.
Below is a pictorial representation of the MASTERNET Roadmap:

MASH is the token symbol of MASTERNET project which is an ERC20 Token, developed on the Blockchain platform of Ethereum that happens to be one of the most powerful and secure blockchain ever.

Total Supply: 200,000,000 MASH

THE TEAM

Behind every good project, there must be a solid team who are always brainstorming and working towards on how to achieve the aim of the project. Here in MASTERNET, we have a diverse team of individuals with varying backgrounds ranging from experience in technology, business strategy, blockchain, cryptocurrencies trading, finance, management, marketing, and development.