[MCC] MyCreditChain - Building Trust with Your Data

[MCC_Matthew]

Hi damiansmith1,

Thank you for your interest.

To answer your question,

You company is registered in which country?? In Korea?? 

==>This is a global project. The project is designed by South Korea IT companies, but our headquarter is registered in British Virgin Island.

Thanks again!  If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[MCC_Matthew]

Hi Kayleesong97!

Thank you for your interest.

To answer your question,

Is this project developing credit ecosystem or one’s credit history over blockchain that can be used eventually for credit?

==> MCC is building credit information ecosystem by allowing all of us to own and sell our personal credit information. However, all the information is stored in hyperledger such that the information is traceable over time as well. 

Thanks again!  If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[mootbritton7]

Is there a hard cap or a soft cap???

[MCC_Matthew]

Hi mootbritton7!

Thank you for your interest.

To answer your question,

Is there a hard cap or a soft cap???

==> Our Softcap is 5,000ETH / Hardcap is 40,000ETH  

Thanks again!  If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[MCC_Matthew]

Hi Kayleesong97!

No problem!! Thank you for your interest again.

To answer your question,

Sorry for disturbing again, actually i don't understand well with your Airdrop system.... please explain to me shortly....

==>MCC adapts a unique airdrop mechanism. It is an airdrop by gift-giving with three main functions. All individuals in the network are given 3 seeds to give others every day with ‘10 days rule’(seeds given to a same person is counted as one seed in 10 days). The seeds turns to MCC tokens in the recipient’s wallet. 10,000 tokens are shared proportionally among the recipients daily. This mechanism achieves 3 goals. First, people build relationship in MCC network with gift giving. Second, the inter-personal network surrounding a person is revealed, and a certain degree of connection with two individuals in MCC network is revealed as well. Thirdly, it is a daily voting mechanism. What people are essentially doing is voting for the one they like/trust/care/want to help/want to get to know.  It has a great potential for further good.

If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[samwellingm3]

After I read whitepaper I believe this project will bring huge impact to Korea!!!!

Btw,, Do you guys have partnership???
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.
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[MCC_Matthew]

Hi samwellingm3!

Thank you for your interest.

To answer your question,

After I read whitepaper I believe this project will bring huge impact to Korea!!!!

Btw,, Do you guys have partnership???
.
.
.

==>Yes we do! We are in partnership with 19 companies as of 3/27. We expect the number of companies in partnership will be increasing. Among our partners, many of them actually participated funding for MyCreditChain project.  MyCreditChain business model is recognized by other companies.

If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[miakaplan3]

How can we make money on MCC network? And when? Who buy tokens after launching service?

[mootbritton7]

Is the prototype or the proof of concept ready? 

[MCC_Matthew]

Hi miakaplan3!

Thank you for your interest.

To answer your question,

How can we make money on MCC network? And when? Who buy tokens after launching service?

==>MCC is designed for normal people to join eagerly so that MCC has a vast set of data in the network readily available.  The information is most comprehensive because the owner himself is selling; it is most uptodate because the process is done on more or less real time. The data is immutable and reliable because the MCC system is gathering it for the users and users cannot change. The only reason that Amazon, Google and Facebook are the great companies now is the personal information Big Data they have gathered and using for their profit. MCC is democratizing the personal information big data access to all of us if they use their tokens to buy them.

If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:   https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[mootbritton7]

What are the token metrics for the project?

[MCC_Matthew]

Hi mootbritton7!

Thank you for your interest.

To answer your question,

Is the prototype or the proof of concept ready? 

==>Yes. Our project is based on Data Scraping technology and credit scoring model accounting non-financial data. We are already providing the technology for major banks in South Korea.

If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[miakaplan3]

Any Competitors for MCC?

[samwellingm3]

How to give seeds to the others? If I give the seeds to someone, it turns into the tokens. But those tokens will be usable by the recipient not me?

[MCC_Matthew]

Hi miakaplan3!

Thank you for your interest.

To answer your question,

Any Competitors for MCC?

==>  There is no direct competitor. But there is one project called Bloom that’s in the same field. They deal with credit scoring & assessment. Nevertheless, MyCrecitChain provides unique services. He/She has the full ownership and control over his/her own data within the MCC network. One’s credit information will become an important asset for oneself. Users sell their own information but they cannot change the data. Data is corrected by MCC scrapping engine; therefore, it is immutable thus reliable. Bloom can be considered as a 3rd party in MCC network.


If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[MCC_Matthew]

Hi mootbritton7!

Thank you for your interest.

To answer your question,

What are the token metrics for the project?

==> MCC token is used as a medium of exchange in its ecosystem. Financial institutions and companies can come into the MCC network and use the information with the MCC tokens. The MCC tokens paid by financial institutions and companies directly go to the information suppliers as rewards. Since you can always convert the tokens into cash, you get to make some money by providing your data. With the tokens, individuals can also use various services provided within the MCC network.


If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[MCC_Matthew]

Hi samwellingm3!

Thank you for your interest.

To answer your question,

How to give seeds to the others? If I give the seeds to someone, it turns into the tokens. But those tokens will be usable by the recipient not me?

==> You can send seeds to anyone you know via text, email, SNS, etc. and Yes, that’s true. You do not get rewarded by giving seeds to others. The seeds that you give to someone else turn into the MCC tokens in the recipient’s wallet. Seeds have no value in themselves unless they are turned into the MCC tokens, and they convert into the tokens only if they are given from someone else. The seeds, however, will be evaporated if not given. Hence, you are not losing anything neither. In fact, you can improve your reputation by giving seeds to others. 


If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain

[delcastillo1]

Is this project developing credit ecosystem or one’s credit history over blockchain that can be used eventually for credit?

[damiansmith1]

What’s MCC? and What is  the total supply of MCC Tokens?

[MCC_Matthew]

Hi delcastillo1 !

Thank you for your interest.

To answer your question,

Is this project developing credit ecosystem or one’s credit history over blockchain that can be used eventually for credit?

==> MCC is building credit information ecosystem by allowing all of us to own and sell our personal credit information. However, all the information is stored in hyperledger such that the information is traceable over time as well. 


If you have more suggestions for MCC, please feel free to comment here or our Telegram chat.

Thanks again!

Website:  http://mycreditchain.org/
download: http://mycreditchain.org/paper/MycreditChain(MCC)_whitepaper_en_v1.5.pdf
Medium:  https://medium.com/mycreditchain
Facebook:https://www.facebook.com/mycreditchain