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FAQ

Frequently Ask Questions

What is a Cryptocurrency?

Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets.

What is the role of Cryptocurrency in current trend?

Initially, Cryptocurrencies like Bitcoin, Ethereum, Litecoin and etc are usually involved with the exchange and conversion between the actual currencies with the digital currency. Now, there will be a cryptocurrency that involves in multiple different industries such as media, entertainment, advertisement and others.

What is Blockchain technology?

Blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.

What does SMChain Technology do?

SMChain Technology, registered at Seychelles Island, a multi-functional community chain base Technology which intend to convert a traditional Media Company in to Blockchain base Media Platform with a new way to monetize their online content and business.

SMChain is a next-generation blockchain with Ethereum as backbone, uniquely designed to run real-time applications with nearly instant, fee-free transactions.

How does SMC blockchain being designed to tokenize the multimedia and online content?

With  Smart MultiChain Token, which 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.

What is Smart MultiChain Token (SMCT)?

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

What does the SMCT do?

SMCTs are like Ethereum’s ERC-20 tokens, but with certain built-in ‘Proof-of-Creation’ 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 customize features and utilize more than one project.  SMCT, a token could provide a bridge to each projects, providing more benefit through over cross opportunity, sharing the resource, as well as supporting strong and stability to the SMCT token value.

What is 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.

SMCT is funded by who?

SMCT development is funded by Private Equity from corporation, foundation and others.

How many tokens are we offering?

We are offering 2 billion tokens. 70% for Private Equity, management team will hold 20% smct with locking period of 3 years, 10% will distribute to market by using Proof of Creation (POC) mining method.

How to sign up as a SMCT member?

Download PDF

How to use our SMCT platform?

Download PDF

How can I keep my SMCT in Coinomi wallet?

Download PDF

How can I keep my SMCT in IM wallet?

Download PDF