MTC Mesh is a type of Mesh network that enables communication between IoT machines; it is a decentralized network protocol where machines communicate with each other through their own communication modules such as Bluetooth-LE/Wi-fi, broadcasting data to one another. In the entire Mesh network, each node could be a phone, refrigerator, car, radio, robot, etc. The MTC Mesh Token, abbreviated as MTC, is used to incentivize MTC nodes or builders and to purchase services within the MTC ecosystem.

Project Advantages

Low Cost
Devices do not require the construction of a dedicated network, Mesh modules have low cost and low power consumption.
Low Power Consumption
BLE Mesh modules consume only a fraction of the power compared to SIM connections.
Easy Development
Using the MTC SDK allows you to quickly integrate your application.
Easy Access
MTC uses standard Bluetooth modules, making it convenient for any IoT device to connect to our network.

MTC MESH TOKEN Revenue Model

The MTC Mesh Token will initially adopt an ERC20-based token contract, abbreviated as MTC. Ethereum is an open-source public distributed blockchain platform that provides a distributed Turing-complete virtual machine, supporting the execution of smart contracts. MTC is used to incentivize MTC nodes or builders and to purchase services in the MTC ecosystem, such as IOT enterprises using the MTC network for their IoT devices communication networks. When users share their smartphones or deploy Mesh Station nodes to the network, they can receive MTC token rewards. The longer a user stays in the network, the more MTC tokens accumulate on their MTC account.

After the MTC main network launches, the ERC20 tokens based on Ethereum will be replaced by MTC main network tokens. The MTC main network is a distributed network that adopts Proof of Stake (PoS) consensus, allowing users to establish network nodes (Mesh Stations) to protect the security of the entire network. Each Mesh Station can share its own bandwidth and storage space to provide data storage services to IoT enterprises in exchange for MTC token rewards.

The MTC main network can support over 1000 TPS transactions, and all MTC token payments across the network incur no Gas fees. For example, if Arron pays 5 MTC to Bob, Bob will receive 5 MTC without any transaction fees in the entire value exchange. Because users who establish PoS mining nodes (Mesh Stations) simultaneously share their bandwidth and storage space to earn tokens can already gain substantial MTC returns, Mesh Stations come equipped with PoS proof mechanisms, eliminating the need for users to set up additional PoS nodes specifically for the MTC network. Moreover, Mesh Stations feature BLE IoT transmission modules that allow users to collect data from various IoT devices at home to report to IoT enterprises in order to earn MTC tokens.

MTC Token Reward Rules

Sharing Mesh Network Nodes
You can share your phones network via the MTC network, acting as a Mesh node to earn token rewards. The reward calculation method: number of tokens held by the user x coin age x duration of mobile node sharing x number of all transactions completed through your node and IoT data reporting tasks.

Building MTC Stations
You can purchase Mesh Stations. Mesh Stations serve as miners and PoS consensus nodes in the MTC Mesh network, employing a hybrid mining mechanism combining PoS + storage space + network bandwidth + Mesh network sharing. Deploying Mesh Stations in scenarios to earn token rewards. The reward calculation method: number of tokens held by the user x coin age x online duration x occupied storage space x network bandwidth x number of payment tasks processed through this base station or IoT data reporting tasks.

*The above content has been organized by the official Non-Small Number. If you wish to reprint, please credit the source.