 | MustangChain (MUST)ICO MustangChain aims to set a global standard to counter fraud in the equine industry by introducing tamper-proof passport authentication, equine identification, and a swiftly accessible and decentralized data platform, thereby establishing trust among all participants within the ecosystem. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is MustangChain
MustangChain has developed the SVS, a system of two interlocking components into one overarching fraud proof authentication system, boosting swift accessibility to high integrity equine data.
MustangChain stakeholders that are authorized to add data to the asset, such as veterinarians and studbook organizations, or those who are authorized to approve transaction of a horse such as the owners themselves, will receive a unique wallet ID on the blockchain and will be assigned the corresponding data records of equines that fall under their care or their possession.
MustangChain will establish a state-of-the-art independent auditor division.
DetailsToken supply: 6,000,000,000LegalBlockchain Platform: VeChainThor | Token infoTicker: MUSTType: Utility-token Token distribution: 12% - Private Round 7% - VeChain Community and X Node Round 6% - Public Round 2.5% - VeChain Mainnet Launch Round 10% - The founding team 15% - Advisors, future Advisors, future team members and future partners 15% - Business development + enterprise/organization partnerships 20% - Community Bounty Programs and marketing 12.5% - Long-term Foundation budget Funds allocation: 40% - Developing the necessary software and hardware solutions 25% - First phases of marketing, business development related activities, and the integration of platform 18% - Outreach, partnerships, and integration 13% - The operational expenses 2% - Legal expenses 2% - Administration |
MustangChain Roadmap
Research for whitepaper commences; field research, investigation of current issues in the equine industry, and examination of technical feasibilities;
Primary industry difficulties identified and reviewed by the core team.
The Foundation opens its office in Nijmegen;
The Foundation team forms; developers, equine experts and professionals, government policy advisors, equestrian federation liaisons, marketing and sales experts, lawyers, auditors, and governance agents;
The Foundation presents key stakeholders the technical and business solutions;
The Foundation presents key stakeholders the Sealed Verification System (SVS); NFC-to-
blockchain, microchip, and iris scan solution;
Strategic partnership working in collaboration with the VeChain Foundation begins.
MustangChain agrees on business and technical proposals with the VeChain Foundation;
VeChain Foundation announces MustangChain to the public;
The Foundation publishes the whitepaper;
Core team expands adding IT and development leads, project managers, and advisory board members.
Publication of the technical documentation;
The public Token Manifestation Event launches on the VeChain Thor platform.
The Foundation receives final industry feedback on the application PoC (Proof of Concept);
First official MustangChain meetup on a to be announced location;
Opening a second office in a to be announced country.
The Foundation releases the application for key stakeholders that are authorized to write to the MustangChain.
The Foundation releases the official app for Android and iOS with the Authentication and Verification feature;
The Foundation releases the feature in which users can identify themselves and make a horse registration request.
The Foundation adds MustangChain token wallet functionality to the applications;
Publication for third party participation including technical guidelines and a developer kit;
Exploration of the validity of NB-IoT chip solution with equine leaders begins.
The first pilot using an NB-IOT chip solution concludes, the data collected is analyzed and interpreted.
The Foundation will initiate the development of community driven Dapps on the platform;
The Foundation releases the Auction Hall and X-Ray Dapp on the platform.
The first pilot using an NB-IOT chip solution concludes, the data collected is analyzed and interpreted;
The Foundation releases the Data Analytics Dapp on the platform.
Project team
Advisors
Social media
