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.
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.
Blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography.
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.
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.
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.
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.
Proof-of-Creativity (POC) is a type of tokens rewards algorithm that encourages people to create and curate multimedia content, we mining creativity.
SMCT development is funded by Private Equity from corporation, foundation and others.