Mikron

What is Mikron

Mikron is stepping onto the market with its easy to use, hassle free, ready to be deployed web solution in order to solve widely important problems within online communities. Mikron, our very own blockchain development project, provides a long sought after solution in regard to online communities. Those are the following:

We make the best out of blockchain technology to solve these three problems.

While most of the cryptocurrencies create non-existent problems out of thin air to give it a solution, Mikron has very specific and practical use cases, ready to be adopted by anybody facing the hardships of maintaining online communities. We have put forward three areas and developed a practical solution for them: community building, loyalty programs, and rewarding content creators. A few partners have already joined our enterprise that have successfully tested and implemented Mikron on their websites.

Business model

Upon concluding the initial coin offering, our focus will be on recruiting more partners, further developing Mikron and getting Mikron currency onto exchanges.

Maintaining the network

Using the Delegated Proof of Stake model, the audience maintains the network by simply running the wallet which also acts as a node. With Mikron, our plan is to offer a profitable option for node-running volunteers, with a low financial entry barrier. A daily reward pool will be shared with all the nodes that can fit certain requirements. These requirements are the following:

run a node at least 80% of a time in a 24 hour period have 1000 Mikrons in your wallet

Please note, the requirements might change in the future, but our aim is to keep Mikron staking available and profitable for all.

Joining the Mikron ecosystem

Any partner can join the Mikron and implement the system on their website. Partners can do this by buying up Mikrons from the market or the Central Pool. With supplies kept in Central Pool, we can make financial entry barrier lower. Mikron will provide every technical tool and detail that are necessary for integrating Mikron such as: the API documentation, a general consultation, technical support and will provide help in working out the proper amount of Mikrons to be given away to users.

Economic model and the role of the central pool

In order for our partners to not exhaust the total supply, we have decided to make Mikron an inflationary cryptocurrency. Each year we issue 30 million Mikrons (to the Central Pool). The Central Pool will act as a store for the partners: from the Central Pool they can buy Mikrons with a discount and in case they require it, an available supply will always be ready for them.

The total supply at the main net launch will be 300 million Mikrons. 100 million Mikrons will be reserved for the Central Pool. 100 million will be retained by founders and developers. Another 100 million will be sold through a private sale and an ICO.