Must – Main Universal Standard of Tokenization
Overview:
Must is a blockchain project which will provide a platform for the users where they can transfer the value to others for every type of asset. The Must protocol is making it very easy for the users to authenticate the information about real tangible and digital assets. The project aims to integrate the blockchain into real and digital assets. MUST is the utility token which will be used in this ecosystem. The users can thus rely on the Must protocol for accurate information about assets.
Challenges:
The laws, rules and regulation are very complex, and a common man find it difficult to understand them. If someone wants to book a room, buy a car or sell securities then he/she should atleast have the basic legal knowledge. Due to this most people rely on third parties to carry out the processes of rights to assets.
Lack of trust is also another problem user face while carrying out valuation of the assets. Also, the evaluation is a difficult process. Most of the rime the buyer has incomplete information of the asset he is about to purchase.
Tokenisation of rights to real assets that exist today is a complex process and there no tokenisation standards.
Solution:
Must protocol is providing solution to the above problems by developing a framework which will carry out asset validation, accounting, and asset rights management with the help of non-fungible tokens. The benefits of the Must protocol include:
• Users will get security for their transactions taking place on this ecosystem as the protocol uses escrow-smart contracts.
• The protocol also provides benefits to small, micro and medium businesses to get debt financing services.
• Tokenising rights to assets will make banks, leasing and insurance companies to come with new fintech product and services.
• Users will be able to access all the services that will be available on this protocol.
Team:
Anton Redko – CEO & Co-Founder – He 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 – He 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 – He 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.
Token Matrix:
Token – MUST
Total Supply – 500 Million MUST
Price – $0.04 USD
Soft Cap – $6.7M USD
Hard Cap – $14M USD
Pre-Sale – 1st August to 30th September 2018
Crowd Sale – 1st to 30th November 2018
Verdict:
Pros:
• The project has good reach on its Telegram group as it has around 3200 members.
• The team behind the project has experience in various fields like IT, HR, software, finance, business intelligence, blockchain etc.
• There are 4 advisors for this project who have different backgrounds like ICO, marketing, finance and many more fields.
• The whitepaper explains well about the concept of the project.
• The project has partnered with goodini, OnGrid Systems, Order of Magnitude and Crypto Processing.
Cons:
• The project has low hype on other social media platform such as Facebook and Twitter where it has 1000+ followers.
• The MVP of this project is not yet available.
Website: https://must.io/
Whitepaper: https://must.io/pdf/whitepaper_en.pdf
Telegram: https://t.me/must_en
Twitter: https://twitter.com/mustfin
ANN Thread: https://bitcointalk.org/index.php?topic=4850668.0;all
Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c