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About Us

SMCT
SMChain Technology

Smart MultiChain Token (SMCT)
Proof of Creative (POC)

SMChain Technology, a young tech company aim to build better technology. SMCT is a next generation of blockchain technology that emphasize as a “multi-functional community chain base” token.

 

The blockchain is specially designed with a Proof of Creation could help companies from media, entertainment, advertisement and creator to monetize and curate the contents with other function could apply with different need or requirement from a project.

 

SMChain work with professional venture capital industry companies that responsible of seeking the right media company that would interested in our technology. 

 

In future, SMChain will continuously searching for more other industry companies to cooperate with. This will not only be benefiting the other industry companies but also further improve the growth of the SMCT value through SMCT community ecology.

 

Thus, it will create a mutually beneficial for SMChain and other industry.

What is SMCT?

Smart Multi Chain Tokens (SMCT)

 

An SMCT is a digital asset on the SMCT blockchain. SMCTs can be launched to help Media, Entertainment and Advertisement Company to help monetize online content and create incentives to ATTRACT encourage desired user behavior.

 

SMCTs are like Ethereum’s ERC-20 tokens, but with certain built-in ‘Proof-of-Creattion’ properties and a token distribution reward system designed specifically for digital content businesses.

 

SMCT also design as “Multi-functional community chain base” token that  could provide customise features and ultilise more than one project.  SMCT, a token could provide a bridge to each projects, providing more benefit through overcross opportunity, sharing the resource, as well as supporting strong and stablility to the SMCT token value.

A blockchain designed to tokenize the multimedia content

Running a rewards-based decentralized network required new advances in blockchain technology. SMCT is a next-generation blockchain with Ethereum as backbone, uniquely designed to run real-time applications with nearly instant, fee-free transactions.

 

Through SMCT blockchain provide all vote and like result are in fair, transparent standard level.

Proof of Creation (POC)

Proof-of-Creativity (POC) is a type of tokens rewards algorithm that encourages people to create and curate multimedia content, we mining creativity.

 

It enables tokens to be distributed by “vote” and “like”-based algorithms and can be integrated with websites to align incentives between Media Company and Content creator to spur growth.

 

Our mining reward algorithm  calculation base as below:

  • Content creator get 50 points
  • Viewer comment get 1 point
  • Viewer give the content a “LIKE”, Content creator get 1 point.
  • Viewer give the content a “DISLIKE”, Content creator deduct 1 point.
Example mining circulation in single day : 1000 video uploaded, total release 200,000 SMCT.

 

1000 video = 50,000 points.
Total accumulate comment for all video off today = 10,000 comments = 10,000 points.
Total balance after “Like”& “Dislike”= total “Like”100,000 = 100,000 points.
Grand Total point calculated = 160,000 point .
1 point = 200,000 SMCT / 160,000 point = 1.25 SMCT per point
If creator today upload a video and get net balances 100 likes, he will get have 150 points.
150 points x 1.25 SMCT = 187.5 SMCT he will awarded.
Assume SMCT price = USD 0.1, he can make USD18.75 profit through selling at exchanger.

SMCT Token Mining Process