MDK is the new type of global community where economic value is shared among all the members that create and curate content. MDK creates a communication platform – MDK App, that unites creators, users, moderators, and businesses, and coordinates their actions to develop the community. The core principe is that all purchases in the MDK App, including advertising, will be made with MDK Tokens. The reward system will distribute tokens among all members based on their input.
Social media improve everyday lives of more than 3 billion people. However, together with their huge advantages we have also discovered new issues that gradually become more critical in the modern society:
1. Unfair Profit Distribution. Large companies earn billions of dollars through advertising, aggregating users’ content. The users themselves get nothing.
2. Weak Opportunities. In ad oriented economics chances are low for unique content to get noticed without a large follower base or advertising budget.
3. Centralized Editorial Policies. Top content on large social services is curated by services themselves to suit their editorial policies. This takes all influential power away from the users.
We present
MDK — the new type of global entertainment community based on principles of decentralization, equal opportunities and a shared economy.
- The MDK Token. The MDK Token will be the basement for the community’s ecosystem and will be used for all rewards and purchases within the system.
- The MDK App. The MDK App will provide powerful tools for content creation and communication, uniting all members and businesses in one place.
- The Unique Ecosystem. They both create a unique ecosystem, which distributes rewards to motivate members to improve the community and work on business offers.
How it works?1. Members create and moderate content.All members of MDK have equal opportunities to create and moderate content. Great posts fly to the top, while inappropriate ones never see the light. In that way the content quality always stays consistent, attracting new members to the community.
2. In-app features and advertising are purchased.Businesses purchase MDK tokens to partner with community members. The members can purchase in-app features for content creation, which attracts more businesses. Everything is then gathered in the Reward System for further distribution.
3. Members earn MDK Tokens.Content creators, moderators, commentators — everyone, who pushes MDK forward, gets rewarded based on their impact for the community. The rewards can be used to, again, purchase in-app features for content creation, goods or be withdrawn.
Token Distribution.Token will be issued based on the ERC20 standard. The total supply is fixed and amounts to 1,000,000,000 MDK tokens. MDK tokens will be allocated as follow:
Users’ remuneration fund: 250,000,000 MDK; 25%.
Team: 200,000,000 MDK; 20%.
Public distribution: 500,000,000; 50%.
Reserved for development: 50,000,000 MDK; 5%.
Token Sale Phase 1.MDK tokens will be sent to the User’s personal respective cryptocurrency wallet at the end of the Token Sale Phase 2. MDK tokens that will not be sold during the Token Sale Phases 1 and 2 will be returned to Development Reserve.
Starts: November 29, 16:00 PM UTC;
Ends: December 20, 16:00 PM UTC;
Exchange rate: 22,500 MDK for 1 ETH;
Hard Cap: 4,000 ETH;
Currencies accepted: ETH, BTC.
Token Sale Phase 2 will start in 1Q 2018 and last one month or until all the MDK tokens available for public distribution will not be sold, whichever occurs first. The exchange rate for the phase 2 is 1 ETH = 15,000 MDK tokens.
Team.The project is launched by the MDK executive team — the owners of the largest entertainment community in Europe with 20+ millions participants and 7+ years of experience in content management and digital marketing. More facts about us in official WIKI page:
https://en.wikipedia.org/wiki/MDK_(community).
Roberto Panchvidze, CEO of MDK;
Dmitry Aladyshev, Founder of MDK;
Kirill Banshchikov, CBDO;
Timur Zadunaysky, CTO.
Links:Website link:
https://mdk.isWhitepaper link:
https://mdk.is/whitepaper.pdfOur social media groups:
Twitter profile:
https://twitter.com/mdkmainTelegram channel (eng):
https://t.me/mdkicoTelegram channel (ru):
https://t.me/MDKCRYPTO
