MicroChains (MCG)

IEO

IDO

Last updated: Jul 29, 2022

MicroChains is a bridge that aiming to deliver cross-chain solutions with better security and smoother experience.

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Overview

Project industry	Blockchain Infrastructure
Product type	Platform
Whitepaper	Open

What is MicroChains

MicroChains (previously known as CBTC Bridge) carries the mission of “ The Power to Bridge More Emerging Chains” and is committed to providing highly secure cross-chain experiences for emerging chains projects and blockchain users.

Given the frequent cross-chain asset accidents, MicroChains first introduces the VoMEN Network security solution to greatly improve cross-chain services.

MicroChains is not a centralized product that just applies the asset custody service provided by a trusted custodian. Our cross-chain product is definitely decentralized with the mechanism of multi-signature and multiple verifications of token mint & withdrawal, in which the asset custodian as a third-party external validator participates in the cross-chain verification.

Details

IEO (Gate Launchpad): Aug 01, 2022 - Aug 02, 2022
IDO (OccamFi Launchpad): Aug 01, 2022 - Aug 02, 2022
Pre-sale token supply: 8,000,000 MCG
Token supply: 100,000,000 MCG
Total tokens for sale: 9,000,000 MCG

Legal

Blockchain Platform: Cardano
Registration year: 2021

Token info

Ticker: MCG
Type: Utility-token
Token price in USD: 1 MCG = 0,15 USD
Accepted currencies: BNB
Token distribution:
8% - Seed Round
3,5% - Validator Incentives
1% - Public
1% - Liquidity
7% - Marketing
25% - Cross-chain Mining
25% - Liquidity Mining
5% - Staking
1,5% - LP Rewards
1% - Airdrops
2% - Liquidity Management
10% - Treasury
10% - Team & Advisors

MicroChains Roadmap

Q4 2021

Concept Creation
Team Building
Foundation Establishment
CBTC Bridge Project Launch
Project Financing
Reached a Strategic Partnership with Huobi Trust
Launched CBTC Bridge Official Website
Cooperation with the University of Queensland

2022 Q1

Seed Round Funding Completed
CBTC Bridge Went Online and Project Operation Began
Completed Audit at Certik
Initiated Brand Upgrade
Reached an In-depth Cooperation with Cardano Ecological Projects including the Leading Order Book DEX & Swap
Cooperated with Milkomeda, the Largest Cardano EVM Sidechain
Brand Upgrade Announcement

2022 Q2

MicroChains Product Officially Launch
Support Cardano and 2 EVM Compatible chains
Recruit Seed Users and Community Volunteers
Support 4 EVM Compatible Chains, 2 Emerging non-EVM Compatible Chains, and 10+ Mainstream Asset Currencies
Introduce 2 Top Ecological Partners
TGE, Start Airdrops, Trading Mining, and Single Currency Pledge
Token Listing

2022 Q3