CRYPTOKID: MYTC : BLOCKCHAIN BASED DECENTRALIZED BARTERING / TRADING ECOSYSTEM

ABOUT MYTC

There are over 5 million small and medium businesses/enterprises globally which conduct reciprocal trade/barter but yet there is no decentralized platform for these businesses to be able to trade/barter with each other globally.

Current members of existing barter/trade exchanges have limited access to the members from other platforms, they are charged with excessive high exchange fees, controlled through a centralised ledger, the value of the trade dollar is devalued because of limited members who cannot trade with each other due to constraints. The problem is that business, especially the small medium businesses can only barter/trade with members who they know and are locally located near them.

MYTC is an online business-to-business exchange platform based on blockchain technology that will create more efficient, intuitive, and transparent trading. MYTC was founded with the idea to help small and medium businesses trade and barter globally using a decentralised trading platform. MYTC goal is to improve existing trade/barter landscapes and address significant issues such as fraud transactions, increased privacy and pricing, and high international and local transaction costs.

SOLUTION

MYTC Intends to create a decentralized platform for all small and medium enterprises to use a common currency to conduct reciprocal trade/barter with each other. MYTC is about helping you with your barter/trade while you focus on the cash and everyday sales. MYTC is not looking to disrupt your business but here to help you improve your business through the use of digital cash on the revolutionary block chain technology.

FEATURES & ADVANTAGES

To User

Widen you options : Pay for goods and services with another form of currency, which is accepted by multiple merchants and users across the globe.
Control your risks: Holding onto MYTC Tokens you will be able to purchase real goods and services and assets, which are backed by members and users within the MYTC, ecosystem. You will avoid inflation and stagflation of your MYTC Tokens.
Deals : Take advantage of latest deals being offered by trading members locally, nationally and globally.
Offer new payment methods : option to get paid in MYTC Tokens for services and jobs completed.

To Merchants

Decentralized application : Enable members to trade locally, nationally and internationally with each other in a cashless society with the comfort that all trades are transparent and secure using immutable smart contracts.
Low exchange rates : Enjoy extremely low exchange rates compared to existing platforms. Current exchanges charge approximately 5%-6% per transactions. Our platform will propose a charge of only 0.5% -1% per transaction.
Gain New Customers : Gain potential new customers by opening new markets with other members from other platforms. Every new customer brought to you by the My Trade Token community brings new income on top of what you’re already receiving, which will help to increase your profit margins.
Improve Your Cash Flow : My Trade Token adds another dimension to your enterprise by giving you the freedom to accept barter/ trade dollars to attract new customers and increase your sales. You will also have more money to operate, expand and invest back in the business.
Move Excess Stock : My Trade Token is the easiest way to sell your excess or slow-moving stock without heavy discounting. If your business experiences seasonal markets, barter/trade provides a pro table way to use the inventory on a regular basis.

HOW IT WORKS

MYTC Network is designed to unite small medium enterprises globally to enjoy the ability to conduct reciprocal trade/barter with each other.

MYTC Merchants shall offer their goods and services through the MYTC platform
Buyers (other merchants and the community) will have the ability to purchase these goods and services and pay the merchants with MYTC Tokens.
The merchants will be able to then save or spend those tokens with other merchants within the MTYC ecosystem.
Members will be able to access their tokens anywhere in the world and barter/trade with anyone around the world.