MUST: Decentralized Protocol for Transfer of Rights to Assets
Overview:
It is a blockchain based protocol which will transfer the rights to assets using tokenization, MUST stands for Main Universal Standard of Tokenization which is located in Estonia, it is aiming to digitizable the asset rights, it is backed by well experienced by team members and advisors works with tokenization of ERC-23 based utility token called MUT.
Problem:
Even though many advantages in the digital identification technology such as passport, biometrics, digital IDs, people no need to carry their physical ID proofs, people have started adopting the technologies but still it is not accessible to many people across the world.
Most of the people think that tokenization is easy process but in the actual it is not, issuing digitalized tokens of right to asset is very complex, this process has 95% of the complex work such as confirmation, storage of the information in the network and protection of asset then only they issue tokens. Despite of many security features in the network still it can’t be fully protected
Solution:
To solve the complexity in the digitalization of asset rights MUST has come up with innovated protocol which is developed in the blockchain platform provides powerful tools and community-uniting rules and regulations. It is aiming to provide cryptographic applications for tokenization and management of real assets.
Its protocol ensures authenticity, reliability, and relevance of the information, it is fully decentralized it stores all the information about rights to the assets which ensures high confidentiality of the data.
MUST platform consist of different layers which are enabled for functionality of the platform such as smart ID, Escrow NET, DAsset & TAsset, TAtom, TRight and MUSTEX
It has decentralized exchange called MUSTEX which is integrated with smart contracts which ensures transparency in the exchanging services, it allows different type of tokens for the exchange.
Token economy:
MUST platform issues ERC-223 based Utility tokens called MUST which can be used in the internal ecosystem of the platform for the services availed.
Token details:
Token symbol: MUST (Main Universal Standard of Tokenization)
Token type: ERC-23
Total supply of tokens: 500,000,000
1 MUST= 0.04 USD
Hardcap: 14,000,000 USD
Softcap: 6,700,000 USD
Pre-Sale: 1st Aug to 31st Sep 2018
Main Sale:1st Nov to 30th Nov 2018
Team:
Anton Redko – CEO & Co-Founder
Anton graduated from Altai State Medical University, West Siberia. Mr. Anton is a serial entrepreneur and well experienced investor. He’s also having expertise in working Automotive Industry as a Business Development, Trade Investor and Venture Capitalist.
Alexey Chepkov – CMO
Alexey Chepkov graduated from Moscow State University of Psychology & Education. Previously he was a self-employed as a wrestling coach for more than 5 years. Also, worked with P&G and Coca-Cola Company as a Regional Representative and Operational Head respectively for more than a year. He’s having expertise in Marketing, Business Development, Brand Management etc.
Evgeny Zhuchkov – CIO
Evgeny Zhuchkov graduated from National Research Nuclear University with master’s degree in Nuclear Physics. He’s having expertise in Business Intelligence, IT Management, Business Analysis, Project Management etc. Previously worked with Deutsche Bank in Russia as a Trading Support Manager and Toyota Bank in Russia as Head of IT.
Verdict:
Pros:
• Website and whitepaper contains detailed explanation of the project
• It is partnered with Goodini, OnGridsystems, Order of Magnitude, Crypto processing
• It has four advisors form various back grounds such as cryptocurrency, blockchain development, video processing, UI development, financial markets and financial consulting and ICO.
• Core team members are experienced in different fields such as Venture Capital, Business development, brand management and IT
• Some of the team members are having experience in Deutsche Bank, P&G and Coca-Cola Company.
• MVP is available on their website
Cons:
• Social media hype is average, its telegram community has 3k+ members
• Roadmap is not drafted properly
Links:
Website: https://must.io/
Whitepaper: https://must.io/pdf/whitepaper_en.pdf
Telegram: https://t.me/must_en
ANN Thread: https://bitcointalk.org/index.php?topic=4850668.0;all
Steemit: https://steemit.com/@mustru
Reddit: https://www.reddit.com/user/ru_MUST/
Twitter: https://twitter.com/mustfin
Bitcoin talk Username: anushkamehta0902
Bitcoin talk URL: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH Address – 0xd1c62C22C078A0C6B1E42Fa 7200F0b082EE81a64a