The Mycro for Future Job Platform with Blockchain Technology

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Future platforms have now been developed to maximize the use of technology. The use of blockchain is one of the goals of the latest technology as a solution for every digital transaction. Blockchain is based on technology that allows information to be managed in a decentralized way.

Each block / data set is arranged chronologically on the blockchain, which means that all history can be tracked. Every network activity is checked and added to the blockchain. A decentralized network manages blockchain. This network consists of independent computers, also called nodes (miners), which are synchronized with each other and excessively store the entire history of blocks.

In this way, the failure of every computer has no visible effect due to the excessive history stored on the network node. The security system on blockchain technology is also guaranteed. The famous Bitcoin cryptocurrency, for example, uses blockchain technology. The success of Bitcoin drives more and more platforms built on blockchain technology. The use of this technology has been able to provide convenience and security in transactions.

Mycro developed a platform to work on blockchain technology. This helps everyone to be able to connect to the work needed. Problems that often occur before are usually related to late payments. Finding people who fit job criteria is also not easy.

Mycro is presented with a concept that makes it easy for job seekers and employers to meet so they can interact in real time. Job seekers can provide information about their expertise and line of work. On the other hand, employers can offer detailed descriptions of the types of work and the specifications of workers needed.

Exchange will be done using cryptocurrency. MYO token will be a valid exchange tool that applies to ecosystems. Everyone can get it through a token sale event. When the work is confirmed complete, MYO will enter the worker’s wallet. It will facilitate all payments in the ecosystem instantly. This system will not make delayed payments, so everyone can get comfortable when using the platform.

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How is Smart Contract Used on Mycro?

The use of blockchain technology certainly requires the use of smart contracts. This is a service that is translated into code. The contract will be made by the transaction carried out in accordance with the terms agreed by the contract. Contracting parties can rely on implementation arrangements without the need for intermediaries.

Only the most important information needed to implement the contract logic is stored in a smart contract. Other data, such as images, descriptions, etc., are indeed necessary to ensure optimal use for the user but not to execute smart contracts stored outside the chain either in a central database or in a distributed system.

Protocols, such as IPFS, allow open, undistributed data storage that is distributed with the option to refer to this data from smart contracts via crypto hooks. This not only ensures integrity but also allows all changes to information stored outside the chain to be tracked. All settings will be stored in blocks in blockchain technology. Security is also guaranteed by limiting access rights.

Say Hello to Mycro Hunter

We are proud to present to you the first use case of the Mycro protocol: Mycro Hunter.

Mycro Hunter is a mobile application where the focus lies on crypto-related jobs for bounty hunters and growth hackers.Every blockchain project in the crypto space is looking for a wider audience to address. Token sale startups and existing projects like protocols or exchanges are always looking for more awareness, investors, users and/or customers. Bounty and growth hacker campaigns are a unique tool, especially in the crypto space. Within these campaigns, millions of people are ready to promote projects they like, but how are they assured of their well-earned tokens?

The Problem

Currently, there is a major lack of trust in this industry, and that is where Mycro Hunter comes in.Bounty hunters and growth hackers are often scammed by projects and never receive their well-earned coins or tokens.Projects are often scammed by people who are not trustworthy and legit. These scammers are trying to get coins/tokens without working for it.

The Solution

Mycro Hunter. The world´s first trustless bounty and growth-hacking mobile application.100% payment guarantee Complete bounty or growth hacking budgets are paid into the Mycro escrow smart contract before the campaign starts. This means 100% transparency with a payment guarantee for all participants. True reputations Bounty Hunters and projects evaluate each other after each campaign and therefore build a reputation based on their performance. Using this rating system, Bounty Hunters and projects protect each other from scammers. Exposed scammers are banned from the Mycro Hunter app forever. In addition, all users have 100% ownership of their reputation, which means it is transferable to other apps that are using the Mycro protocol.

The role of Mycro token (MYO)

Staking

• Hunters/Hackers need a certain amount of MYO in their wallet in order to participate in campaigns

• Projects need a certain amount of MYO in their wallet to onboard new Hunters/Hackers to their campaignRewarding

• Hunters/Hackers receive MYO after they have evaluated each other. The reward is distributed out of the reward pool.

Mycro Protocol with Blockchain Technology to P2P Transactions

https://youtu.be/VLh15o0yndg

The Mycro application shows how blockchain technology can be used to efficiently address the key challenges of trust, security and high costs for a central platform in the economy. However, performance economics is not the only industry that faces this challenge. This problem can always be found where transactions occur between individuals.

It has been shown that trust and security are the most important factors when deciding to use or oppose a transaction, especially in the case of transactions that are not purely digital but require personal meetings during implementation. The user’s reputation, largely created by mutual evaluation on a single platform, is very superior in terms of security and confidence with the opponents developed.

With the Mycro protocol, Mycro’s goal is to implement a decentralized and independent social proof protocol based on Ethereum, which allows other applications to implement it in order to create more trust and security, at lower transaction costs, for P2P transactions that occur in both online and offline world , opening up the huge potential of economic sharing.

Mycro Token Design Used in Ecosystems

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Mycro tokens are used to give strength to the Mycro ecosystem. This is a tool for achieving deeper involvement from the broader community of signatories, partners and contributors who will be the main beneficiaries of ecosystem growth. The token will be issued as an ERC20 token that matches the Ethereum public blockchain. Tokens are classified as utility tokens.

Mycro tokens are used and transferred in the Mycro ecosystem and the Mycro mobile app. Tokens can also be circulated outside the network and outside the circle of people registered in them. Every transaction that occurs in the ecosystem will involve MYO Tokens. Friday tokens that are sold at token sales events are also limited. This is done to be able to maintain liquidity from using tokens.

Burning tokens is also possible to maintain liquidity. Token burning is the process of removing tokens permanently from circulation, reducing total supply. This will create scarcity in token inventory. All token burns are recorded as transactions on the blockchain, which means 100% transparent and anyone can verify that the token has been destroyed.

Mycro plans to continue to burn tokens through the use of a smart contract function known as the fuel function. From each transaction for each prize pool, the percentage of MYO tokens will be burned until 50,000,000 MYO is finally destroyed, representing 50% of the total MYO ever issued (100,000,000 MYO). High activity in the ecosystem automatically leads to a reduction in the supply of tokens.

Manage MYO Token Sales

MYO tokens are sold in several stages. This consists of private sales and public sales. In Personal Sales 11,000,000 Mycro Tokens (MYO) are given to strategic partners and long-term token buyers for value projects. It only consumes a few percent of the total tokens sold.

In Public Sales, the number of tokens sold is 40,000,000 Mycro Tokens (MYO). It will be divided into four different stages. All unsold tokens will be burned at the end of the token sale. All amounts in this section are presented without tax, such as VAT. The prices that we publish on the website will be relevant for each sale.

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The total token is 100,000,000 which will be divided into several distributions including IEO Sales, Personal Sales, Ecosystem funds, reward groups, company reserves, teams & founders, bonuses & advisors, and prize programs. From the sale of tokens, it will be distributed to several things such as marketing, technology development & payroll, banking & crypto, and law, consulting & administration.

Team.