MARQYT is a platform for protecting brands from counterfeiting and falsification based on Blockchain system.

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Project industryIdentity & Reputation
Product typePlatform
WhitepaperMARQYT White Paper Open

What is MARQYT

MARQYT is an innovative project based on the capabilities of blockchain technology, which is designed to solve the problem of counterfeit products in the production and consumer markets.

Main objective of the project is to reduce the number of counterfeit goods, thereby increasing the profitability of original productions and clearing the market of low-quality counterfeit products.

Using the application MARQYT, the producer or the manufacturer will be able to enter certain information about its product in the blockchain in a few clicks. Furthermore, the product is assigned a unique code, which, in contrast to GlobalTradeItemNumber, will store all the necessary information about the product, and not only about its commodity item. A unique encrypted product identification code can be applied to, and marked on, the goods in any convenient technological way for the producer or the manufacturer, including in the form of QR-code, NFC stickers, and RFID label tags. In addition, other means applied for automatic identification can be used as such technologies, namely: optically recognizable identifiers (barcodes, DataMatrix), online tools and facilities for tracking, localization and position fixing while using the active RTLS label.

It is impossible to forge or change the information entered in MARQYT, and the consumer can easily check it. In order to do the foregoing, it is necessary to scan the unique code printed on the product in our application. Thus, MARQYT solves the problem of communication between a major manufacturer/producer or brand and an ultimate consumer, excluding the possibility of selling counterfeit product while posing it as the original one.

Multifunctionality of the platform makes it possible to enter and integrate almost any data. Therefore, in addition to authentication and verification, it is possible to get detailed information about the content, ingredients, guarantees, instructions for use and other information provided by the specifics of a particular product.

MARQYT will have an obvious advantage over its competitors in the IT market in the following aspects:

  • It will be able to solve the problem of an international scale that is relevant for all areas of the manufacturing business;
  • Ease of use for both the manufacturer/producer and the ultimate consumer;
  • it is suitable for both large corporations and small niche productions;
  • It ensures 100% protection against falsification/adulteration at minimum production costs (marking/labeling);
  • It will work with clients around the world and support the projects of its clients throughout all the time of cooperation;
  • It will ensure a responsible approach of retailers and distributors to cooperation, eliminate fraudulent interventions in the chain of sales;
  • It will become an additional marketing tool - a guarantor
  • of quality; It will allow not only to enter data about the product into the database, but also to control the conditions of its storage after the outlet from the production facilities;
  • It will give the manufacturer/producer the opportunity to post information about points of sale and the availability of original goods in the public domain.
  • MARQYT (MRQ) Token

    MRQ tokens will be an obligatory element for using the MARQYT system. Investors will be able to purchase them during ICO for the value set according to the terms and conditions or after its completion at the market price.

    Ethereum is one of the most popular blockchain systems with open source code. Its functionality allows to create and further manage new decentralized applications. The tokens issued on the basis of Ethereum apply the ERC20 standard, so they can be used by third parties.

    Smart contracts (on which Ethereum is based) allow the implementation of a variety of software solutions, including identification of users, data accounting systems, crowdfunding services and ICO.

    Total amount of MRQ tokens to be issued on the Ethereum platform will be 100,000,000. The value of one token will be 0.07 USD. In the course of pre-sale, investors will receive a bonus of 20% of the volume of purchased tokens. Bonus programme does not apply to the second stage of ICO.


    Pre-sales: Sep 05, 2018 - Oct 20, 2018
    Pre-sale token supply: 10,000,000 MRQ
    Token supply: 50,000,000 MRQ
    Total tokens for sale: 100,000,000 MRQ
    Hard cap: 7,000,000 USD


    Blockchain Platform: Ethereum
    Registration country: Latvia

    Token info

    Ticker: MRQ
    Type: Utility-token
    Token price in USD: 1 MRQ = 0.07 USD
    Accepted currencies: ETH
    Bonus program:
    In the course of pre-sale, investors will receive a bonus of 20%
    Token distribution:
    50% - Public Token Sale
    35% - Team and Additional Investors
    10% - Public Token Presale
    5% - Marketing Expenses and Marketing
    Funds allocation:
    20% - Technical equipment for the company
    20% - Team tokens - locked for 2 years
    15% - Reserve funds
    15% - Expenses for the development of the company
    12% - Operating expenses
    10% - Early investors
    8% - Marketing expenses

    MARQYT Roadmap

    Q3 2017

    Development of a web interface of version 1.0 for producers/manufacturers, namely: entering the product into the database, the product overview, the functionality of depot/ warehouse; creating a mobile application that can communicate with the support service of the manufacturer/producer via API.

    Q1 2018

    Preparing for ICO and developing a platform for integrating Blockchain's capabilities into the project

    Q2 2018

    Development and integration of an appropriate smart contract into the project

    Q3 2018

    Start of pre-ICO

    Q4 2018

    Implementation of loyalty programmes and bonuses for active users. Public presentation of the first version of the project.


    Creation of cryptowallet inside the system. Global market launch of the platform


    Publication of the framework for developers to implement their projects

    Project team

    Nikita Manija
    Nikita Manija
    CEO & Lead Blockchain
    Nikita Manija linkedin
    Mihails Frolovs
    Mihails Frolovs
    CTO & Senior Developer
    Kiril Ponomorenko
    Kiril Ponomorenko
    Kiril Ponomorenko linkedin
    Roland Zoloyedov
    Roland Zoloyedov
    Blockchain ExpertAdvisors
    Artur Geisari
    Artur Geisari
    Artur Geisari linkedin
    Dana Grossu
    Dana Grossu
    Dana Grossu facebook
    Artur Bogdanov
    Artur Bogdanov
    Artur Bogdanov facebook
    Vitaly Nikitin
    Vitaly Nikitin
    Vitaly Nikitin linkedin
    Alexey Lugovoy
    Alexey Lugovoy
    Alexey Lugovoy linkedin


    Artur Geisari
    Artur Geisari
    Artur Geisari linkedin
    Dana Grossu
    Dana Grossu
    Dana Grossu facebook
    Artur Bogdanov
    Artur Bogdanov
    Artur Bogdanov facebook
    Vitaly Nikitin
    Vitaly Nikitin
    Vitaly Nikitin linkedin
    Alexey Lugovoy
    Alexey Lugovoy
    Alexey Lugovoy linkedin

    Social media

    MARQYT web-siteMARQYT TelegramMARQYT Twitter

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