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Mickle whitepaper
MICKLE: THE CRYPTOCURRENCY TO POWER ITS
DECENTRALIZED APPLICATIONS (DAPPS)
By Ignatius Onyedika obi (Founder & CEO)
WHITEPAPER V1.0
TABLE OF CONTENTS
Introduction ……………………………………………………………………….. page 3
Disclaimer…………………………………………………………………………… page 4
Understanding
o Blockchain Technology …………………………………………………. page 5
o Cryptocurrency …………………………………………………………….. page 6
o Ethereum Network ……………………………………………………….. page 7
Mickle Ecosystem + problem & solution ………………………………. page 8
o Mickle Marketplace ……………………………………………………… page 9-10
o Mickle Ridesharing Platform ………………………………………... page 11-13
o Mickle Crowdfunding Platform …………………………………….. page 14
o Mickle Exchanges Platform …………………………………………… page 15-16
o Mickle Arbitrage Platform …………………………………………….. page 17
o Mickle Chat App ………………..………………………………………….. page 18
o Mickle Money Transfer App …………..……………………………… page 19-20
Mickle token + ICO Details …………………………………………………… page 21-22
Roadmap ……………………………………………………………………………… page 23
Team Members ……………………………………………………………………. page 24-25
Conclusion ……………………………………………………………………………. page 26
INTRODUCTION
Mickle (MICK) is a cryptocurrency utility token built on ethereum blockchain as an ERC20 token.
It was created to serve as a medium of exchange for goods and services in its ecosystem. It is
the cryptocurrency token that will run on the blockchain powered platforms/DApps we aim to
build. It will give holders access to our platforms once they are launched.
By adopting the blockchain technology, we aim to build platforms that will be decentralized,
immutable and transparent. These blockchain powered platforms will revolutionize the
traditional way of doing things in an advanced and modern way. They will revolutionize the way
we shop online, book a cab, donate to charity, trade cryptocurrencies, chat and all so the way
we transfer money globally. Such are:
Mickle Marketplace
Mickle Ridesharing
Mickle Crowdfunding
Mickle Exchanges
Mickle Arbitrage
Mickle Chat App and
Mickle Money Transfer App.
These platforms as decentralized applications (DApp) powered by blockchain technology will
reduce the impact of third-parties on the functions of the applications and allow users to
connect to each other directly which will increase transaction efficiency and speed as well as
reduce cost.
DISCLAIMER
Firstly, we the mickle team appreciate our readers for taking their time to go through the
contents of this whitepaper. We are grateful.
The mickle whitepaper has been writing to provide full details of the mickle cryptocurrency
token and its ecosystem. It explains more about the blockchain powered platforms we aim to
build. It also contains the answers to the majority of questions our investors/users might have
to ask regarding our products. We advise our investors/users to read and understand this
whitepaper before participating in the mickle token sale.
Please be aware that this mickle whitepaper is not subject to any law or legislation, it does not
fall under any law or legislation. The information in this whitepaper has not been examined or
approved by any regulatory authority. Crypto-assets, products and services carry significant
risks. Potential investors should assess the nature of relevant risks independently and consult
their advisers before making any decision of purchasing any token. Before purchasing any
crypto-assets, we advise you to consult your legal adviser to know the rules guiding crypto-
assets utilization in your country to avoid penalties from the government and as well as loss of
your crypto-assets. If incase this happens, mickle team will not be liable or held responsible as
whatever consequences that results from you buying our tokens. This whitepaper does not
constitute advice to purchase any mickle tokens, therefore must not be relied upon in
connection with any contract or purchasing decision.
There are a lot of forward-looking statements contains in this whitepaper which because of
many factors could cause outcome that differs from the forward-looking statements. Note that
no representation or warranty is given as to the achievement of any plans, future projections or
prospects and nothing in this document is or should be relied upon as a promise or
representation as to the future. Mickle team will not be held responsible for any loss or damage
of whatever kind which may arise from any person acting on any information and opinions
contains in this whitepaper.
This whitepaper must not be taken or transmitted to any jurisdiction where distribution of this
whitepaper is restricted. Any references in this whitepaper to specific companies, networks and
or potential use cases are just for illustrative purposes only. Please note that mickle holds sole
rights to update and alter the contents of this whitepaper without providing any prior notice.
UNDERSTANDING BLOCKCHAIN TECHNOLOGY
Blockchain is a time-stamped series of immutable record of data that is managed by cluster of
computers not owned by any single entity. Each of the blocks of data are secured and bound to
each other using cryptographic principles.
The blockchain network has no central authority. Since it is stored and immutable ledger, the
information in it is open for anyone and everyone to see. Hence, anything that is built on the
blockchain is by its very nature is transparent and everyone involved is accountable for their
actions.
The blockchain is simple yet brilliance way of passing information from point A to B in a fully
automated and safe manner. One party to a transaction initiates the process by creating a
block. This block is verified by thousands, perhaps millions of computers distributed around the
net. The verified block is added to a chain, which is stored across the net, creating not just a
unique record, but a unique record with a unique history. Trying to falsify a single record would
mean falsifying the entire chain in millions of instances. That is impossible.
The reason why the blockcahin is worth adopting is because it is not owned by a single entity,
hence it is decentralized. The blockchain is immutable, so no one can tamper with the data that
is inside the blockchain. The blockchain is transparent so one can track the data if they want to.
The major properties of blockchain technology are: Decentralization, Transparency and
immutability.
Decentralization: blockchains are decentralized in nature meaning that no single person or
entity holds the authority of the overall network. In a decentralized network, if you want to
interact with your friends you can do so directly without going through a third-party. You can
send money to anyone without going through bank.
Immutability: the immutability of the blockchain technology means that once any data is
written on the blockchain, it cannot be altered or changed. Because of that any data stored in a
blockchain cannot be hacked.
Transparency: in a blockchain network everything is visible to everyone to see. Data stored in a
blockchain can be used or checked by anybody.
UNDERSTANDING CRYPTOCURRENCY
Cryptocurrency is a medium of exchange, created and stored electronically in the blockchain
using encryption techniques to control the creation of monitory units and to verify the funds.
Example of cryptocurrencies: bitcoin (BTC), ethereum (ETH), mickle (MICK)
Bitcoin was the first cryptocurrency invented by Satoshi Nakomoto, the unknown inventor; it is
used as a global means of payment followed by Ethereum by Vitalik Buterin. Ethereum is a
global, decentralized platform for money and new kinds of application. On ethereum, one can
write code that controls money and build applications accessible anywhere in the world.
Cryptocurrencies leverage blockchain technology to gain decentralization, transparency, and
immutability. The most important feature of a cryptocurrency is that it is not controlled by any
central authority: The decentralized nature of the blockchain makes cryptocurrencies
theoretically immune to the old ways of government control and interference. Cryptocurrencies
can be sent directly between two parties via the use of private and public keys. These transfers
can be done with minimal processing fees, allowing users to avoid the step fees charged by
traditional financial institutions.
UNDERSTANDING ETHEREUM NETWORK
Ethereum is an open software platform based on blockchain technology that enables
developers to build and deploy decentralized applications (DApps). Ethereum charges
developers for the computing power in their network, which can only be paid in ether, the only
inter-platform currency.
DApps
A decentralized application (DApps) is an application whose back-end code runs on a
decentralized peer-to-peer network. DApps established a way to reduce the impact of third
parties on the functions of an application. DApps connects providers and users without the help
of middlemen contrary to regular applications. Blockchain based Dapps are immune to
censorship, have no need for additional fees and are more likely to maintain operation during
various attacks. Writing decentralized applications may be performed on various platforms.
Today, most DApps are working on the ethereum blockchain. DApps are improving payment
processes, user credentials, and are trusted due to their open-source code and public records
of transactions. DApps might create ERC20 tokens to function as a currency, a share in the
company, for points in a loyalty program, or even proof of ownership.
Smart contracts
Smart contracts is just a phrase used to describe a computer code that facilitate the exchange
of money, content, property, shares, or anything of value when running on a blockchain, a
smart contract becomes like a self-operating computer program that automatically executes
when specific conditions are met. Because the smart contracts run on the blockchain, they run
exactly as programmed without any possibility of censorship, downtime, fraud, or third part
interference. Smart contracts are written in the programming language “solidity” on the basis
of If-This-Then-That (IFTTT). Think of this as a vending machine. Smart contracts are used to
create ERC20 tokens. They are used to facilitate transactions of tokens, and record balances of
tokens in an account.
When smart contracts create a token, the token created can be traded or spent. ERC20 is the
universal language that all tokens on the ethereum network use. It allows one token to be
traded with another.
Mickle ecosystem
The mickle blockchain powered platforms will revolutionize the traditional way of doing things
in an advanced and modern way. They will function without the help of any intermediaries;
hence allow users to connect to each other directly. They will be powered by mickle token, an
ERC20 token built on ethereum blockchain. Such are:
Mickle Marketplace
Mickle Ridesharing Platform
Mickle Crowdfunding Platform
Mickle Crypto-Assets Exchanges
Mickle Arbitrage Platform
Mickle Chat App
Mickle Money Transfer App
Below is the full explanation of all these platforms, how they will work when launched and the
problems they will solve.
Mickle Marketplace
This marketplace will serve as an advertising platform for merchants offering products and
services worldwide. Users can buy goods and services with mickle token. This marketplace will
work similar to any marketplaces like Amazon, eBay, etc. just that it will be decentralized and
powered by blockchain. Which means it will get all the goodness that comes with blockchain
technology. There will be no middleman to control the trade between buyers and sellers. Terms
of trade will be determined by buyers and sellers. Terms of trade will be open, immutable, and
transparent, no tampering of transaction. The payment between buyers and sellers will be
direct; no intermediary has any role to play. Transactions will require no third-party payment
system; payment process will use cryptocurrency (mickle), thus, eliminating third-party
payment providers. No personal sensitive data will be needed. The marketplace will be global,
no restrictions.
How it will work
Merchants can directly open a store and start listing their products. They can collect
payments from buyers as cyptocurrency (mickle).
Buyers can shop securely and pay using mickle token directly to the vendors. They can
store their mickle token inside the marketplace wallet itself and pay instantly for any
products. They can secure their purchases with a moderated escrow payment option.
Sellers and buyers can chat and coordinate inside the platform. They can also check
delivery status of the shipment.
Mickle market as a decentralized online marketplace powered by blockchain technology has
advantages over centralized marketplaces because blockchain is a decentralized distributed
database, and all nodes are involved in maintaining the database. Each has a full record of
the database. There is no central server for hackers to destroy. It’s a peer-to-peer (p2p)
network, hence sellers can directly transact with buyers without intermediaries. Terms &
conditions are coded in immutable smart contract besides they are transparent. Payment
process uses cryptocurrency (mickle) thus eliminating third-party payment providers,
cryptographic hash functions, data encryption, and blockchain consensus algorithm make
the system secure. Unlike the centralized marketplaces, the infrastructure is centralized and
can be hacked. Terms & conditions of trade can be changed by the company at will. You
need to rely on third-party payment systems. Your personal sensitive data is held by the
centralized owner and they can sell it to third-parties.
Problem & solution
The traditional ecommerce platforms rely upon costly intermediaries and systems that are slow
and prone to error. But, mickle marketplace on the other hand offers a decentralized option set
to empower consumers with more transparent, safe and secure transactions.
Cost: traditional processing fees are costly; the average transaction fee of common payment
methods is 2-3%. Lately, they have started to demonstrate a desire for higher payment
processing fees. Because mickle marketplace is powered by blockchain technology it will
eliminate some of the costs imposed by intermediaries.
Peer-to-peer (p2p) payments: on mickle market, payments will be made using cryptocurrency
(mickle). Therefore, there will not be need for active middleman for payments. This keeps fees
low.
Speed: it’s easy to see how speed suffers in the current ecommerce because of the number of
intermediaries that exist. Transactions are routed through digital storefronts, payment
gateways, issuing banks, and a variety of other touch points, each managing the data
transmission in its own way. A stall at any touch point slows the entire cycle. Mickle
marketplace enables direct management of these processes by removing intermediaries and
third-party that typically slow the process. This reduction in efficiencies can ride the process of
unnecessary delays and friction.
Decentralized transaction: in contrasts to the long-established payment processing system,
mickle marketplace cryptocurrency (mickle) will allow purchases to be made without
intermediaries, chargeback’s, and dishonest manipulations.
Security: emerging payments methods means additional vulnerabilities. Securing payments and
sensitive customer data has become a complicated web of compliance, individual fraud
prevention tools, and a variety of protocol. Entangled in the web are consumers who are
cautious of having their financial data exposed in a breach. Breaches take a toll on the entire
payment ecosystem. For merchants, loss can range from hundreds of thousands of dollars in
millions of dollars, not to mention the unspoken cost of lost consumers trust and damage to a
brand reputation. Blockchain gives mickle marketplace the opportunity to securely manage
database in a simplified way. Distributed ledger technology decentralizes administration and
records of transactions, eliminating the single failure point that is present in other databases.
Mickle Ridesharing
Mickle ridesharing platform is a blockchain powered ridesharing platform that will enable
passengers to book a cab immediately at their convenience and make payment using
cryptocurrency (mickle).
How it will work
The mickle ridesharing will have a driver partner app and also a user for the passenger. Once a
passenger request to book a ride using the user app, the request will be sent to the taxi partner
within the users nearly radius, the driver will have the option to accept or reject the trip, if the
driver chooses to accept the trip, then he/she will see the users pickup location. Once the driver
reaches the passengers location, the driver can notify the passenger that he have reached the
location and waiting for them. As soon as the passenger boards the cab, the driver marks them
as boarded on the ridesharing app and the trip starts. Once the trip completes, the fare is
calculated, it will be displayed on the passenger and the driver app. The fare displayed will be in
cryptocurrency (mickle) and they can pay for the ride using the cryptocurrency (mickle) from
the wallet. Example: if the fare is $50 worth of mickle, the passenger would have to deposit
that amount worth of mickle in to its wallet, and then pay for the ride using the cryptocurrency
(mickle) deposited in its wallet.
This platform will contain a lot of feature to make it easy and simple for both the driver and
passengers to use. Such are
Google map: Google map will be integrated, so that the driver and passenger can both
see the route details as they take the ride.
Ride later or ride now option: They can book a ride now, ride later or choose to schedule
a ride at a future date and time.
Notifications: New ride request notification can be seen by both driver and passenger,
even if the app is not opened.
Accept/reject: Driver can accept or reject new ride request on the app easily.
Call & chat option: once a trip is booked, the driver can chat or call the passenger for
further inquiries.
Fare breakdown: Passenger and driver can get the fare breakdown for the trip that they
completed.
Trip history: Both can see the trip they have taken in the past to review it.
Detailed ride history: the app will have a detailed ride history receipt to show the pickup
point, distance, destination, vehicle name, driver name and fare breakdown.
Reviews and rating: Both can review/rate each other. Away mode: Drivers can activate
the away mode if they are not available.
Problem & solution
Mickle ridesharing:
In a blockchain powered ridesharing platform like mickle ridesharing platform, the end
users i.e. the cab riders will be able to book a cab, pay the driver, give a review or rating to
the driver. This platform is very different from a centralized ridesharing platform where you
will find a number of intermediaries from the system. Reasons why ridesharing platform
powered by blockchain like mickle ridesharing platform should be considered are the
elimination of unexpected price surges, a lack of transparency in the taxi-booking process, a
lack of standardized security measures and many more.
Higher cost: the issues faced by people who are using the centralized ride-sharing are the
high fees that are being charged on each cab ride. The average centralized taxi-booking
company charges 10-20% fee for the total cab ride price, which is on the high side. But,
mickle decentralized platform can solve this problem because car riders can be able to
contact the cab drivers directly through the platform, thereby eliminating the involvement
of intermediaries to reduce cost.
Lack of transparency: there is lack of transparency in the centralized ridesharing platforms.
This made it very difficult for end-users to understand how things function on a ridesharing
platform. One of the issues is the unexpected price surges with booking a cab. This is
because riders are not aware on what basis their price surges are taking place. Mickle
ridesharing offers transparency in the pricing of each cab ride. This will help the cab riders
to be able to know how they are getting charged and what is the actual functioning of the
taxi booking app.
Lack of safety: the centralized ridesharing platforms lack safety and proper standards, this
refers to both the safety of the riders and as well as the safety of the drivers. Although the
centralized ride-sharing companies are spend millions of dollars on verifying their drivers
and registering their end-users. Still, there have been many incidents that have led us to
believe that security is not up to mark. But in mickle decentralized ride-sharing platform,
the safety and security standards will improve because of the blockchain smart contracts.
This smart contract will make sure about the non-involvement of cab drivers in any illegal
activities. This will generate a true and accurate rating for drivers.
Economic opportunity: mickle decentralized ride-sharing platform will create an endless
economic opportunity for car owners who are not utilizing their vehicles.
Mickle Crowd Funding
Mickle crowdfunding is a blockchain powered crowdfunding platform that will be used to help
people raise funds for projects or specific cause from anywhere in the world. This platform will
help organizations, businesses, and individuals to raise fund for any type of project; example:
creative projects, charitable causes, personal expenses and many more. This platform will be
similar to other crowding platforms like kickstarter, indigogo, gofundme etc. but just that it will
be decentralized and powered by blockchain technology. Donations in this platform will be
made using cryptocurrency (mickle).
Problem & Solution
Mickle crowd funding platform
The main problem with traditional crowd funding platforms is high transaction fees. The fees
are too much because when sending donations to charities; there are two intermediaries that
are involved, the payment processor (like stripe) and the crowd funding platform, each of them
cut off their own part of the fund raised. But in mickle crowd funding platform users will make
donations using cryptocurrency (mickle) and the payment will be sent directly to the creator.
No intermediaries, therefore, no fees will be paid to payment processors. This also makes it
more secure for contributors because they are not going to enter their sensitive financial
information into a browser. Therefore, by adopting the blockchain technology to build this
platform, it will bring more transparency to charity. All the information and transaction history
of funds will be more reliable and can’t be tampered easily since the blockchain technology is
immutable which means that any platform built on it posses that same features.
Mickle Exchanges
A Cryptocurrency exchange is a platform that allows people to buy and sell digital assets. They
can buy and sell cryptocurrencies with fiat (fiat/crypto pairing) as well as buying and selling
cryptocurrencies with other cryptocurrencies (crypto/crypto pairing). Cryptocurrency exchange
works similar to regular stock exchanges where traders buy and sell assets-shares in order to
profit from their changing rates while in cryptocurrency exchanges traders use cryptocurrency
pairs to profit from highly volatile currency rates.
Mickle exchanges are secure peer-to-peer (p2p) cyptocurrencies exchange platform that will
allow users to trade cryptocurrencies directly with each other without any trusted third-party
to process all trades. These exchanges will be built in to two different types. Such are;
Mickle non-custodial exchange.
Mickle decentralized exchange.
Mickle non-custodial exchange: this is a currency-neutral decentralized cryptocurrency
exchange platform that will allow users to trade cryptocurrencies comfortably without
sharing their wallet details; it will not hold the private key or have access to the funds of
users. This non-custodial exchange platform will be built with privacy in mind so that
users can easily carry out transactions anonymously. Meaning that users will not have to
provide KYC documents or create an account before they can place trades on the
platform. It will give users 100% control of their funds by giving them their private key to
hold and keep safe at all times. This exchange will allow users to trade cryptocurrencies
of any kind, since it is a currency-neutral exchange.
Mickle decentralized exchange (DEX): this is a currency-centric decentralized
exchange that will allow users to trade cryptocurrencies token (ERC20) built on
ethereum blockchain with each other directly from their wallet. In this exchange
platform, smart contracts match and execute orders. Users will not have to deposit any
token to the exchange wallet. Trade on this exchange happens on the fly from both
traders wallet through an automated process. So the users do not have to trust their
digital assets with the exchange, since the trade happens between the users wallet.
These exchanges will be built with strong security to ensure that user’s digital
assets/cryptocurrency is safe and secure.
Problem & solution
Mickle crypto-assets exchanges (Non-custodial & Dex)
There is no denying fact that there is a huge security issues and lack of transparency in a
centralized custodial exchanges because trading process is done completely off-chain,
within the database of the platforms, so it is not verified by the blockchain. These
exchanges holds users private keys and at all times have control over user’s
cryptocurrencies. User’s cryptocurrencies can be seized by the platform. If incase the
platform is hacked, users will likely lose their cryptocurrencies, once an attacker
breaches a system and obtains the private keys to the exchange, all crypto is lost.
In order for an exchange platform to be trusted when it comes to buying and selling
cryptocurrency, users must hold their private key. Once that is done then transactions
become trustless. Trustless peer-to-peer (p2p) transactions increases security ensures
that users are the ones in charge of their funds, ensures that any third-party can never
take users cryptocurrencies.
The mickle peer-to-peer (p2p) exchanges will leverage the power of permissionless
blockchain technology to eliminate the need of any intermediary and allow users to
trades cryptocurrencies directly with each other with less or no transaction fees.
Mickle arbitrage platform
Mickle arbitrage platform is a platform that will allow users to simultaneously buy
cryptocurrencies for a lower price from one exchange platform and then sell it at a
higher price on a different market using a bot. This bot will be programmed to analyze
different market/exchange that it will be connected to and then choose the
cryptocurrency exchange that has the lowest price for the cryptocurrency that it will be
configured to purchase and then goes ahead with the purchase. The bot will
simultaneously identify exchanges where the cryptocurrencies are sold for a higher
price as well and place sell order.
How it will work
Users will have to sign up on the platform, get the API keys from the exchanges they
have account with and connect them to the mickle arbitrage bot. the bot will start
searching for trades with lower value to purchase, when the right trade is found, it goes
ahead and purchase it from the exchange, the cryptocurrencies purchased is stored in
users wallet. Now, the bot will compare other exchanges to see if there are request to
buy at a higher price from other exchange, if found any, the bot will send the
cryptocurrency to that exchange wallet, it will sell the cryptocurrencies for the higher
price. The funds (cryptocurrencies) collected are sent to the respective wallets.
Problem & solution
The cryptocurrency exchange platforms help traders to keep track of the changes in
cryptocurrencies value. However, the changes in prices, rates and commissions offered
on various crypto exchanges makes trading challenging. Sometimes the best trading
prices of cryptocurrencies comes up while one is asleep. Across the exchanges, there are
traders who sell the cryptocurrencies at lower prices; in that case, smart traders can
take advantage of that by using a cryptocurrency arbitrage bot that would automatically
trade on their behalf, buying the cryptocurrencies that is lower priced in one exchange
and sell at higher price in another exchange. The mickle arbitrage bot is the solution.
Traders can use the mickle arbitrage bot to systematically trade on their behalf, buying
at a lower price and selling at a higher price with low transaction fee, continuously
making profit at all times, nonstop.
Mickle Chat App
Mickle chat app is a blockchain powered chat app. A cryptocurrency payment enabled
messaging platform that will enable users to message to each other and also pay to
anyone around the world fast and securely with low transaction fee. This chat app will
be built with cross border payment in mind that will make it different from other chat
app out there. I.e. it will not only be used for message purposes but to send money to
someone anywhere in the world.
It features
One on one messaging: users can chat with other users easily through the
intuitive chat interface on the mobile based on the phone number.
Group messaging: groups are an essential feature that brings people together for
a myriad of reasons. Users can create interest groups, add and message others
to the groups.
Pay friends abroad: the cryptocurrency payments capability makes it convenient
for users to pay each other across the border.
Broadcast messages: users can broadcast messages to other users in their
contact list.
Sticker store: the sticker packs integration will make it more fun and engage for
users while having a conversation with others.
How it will work
Once users sign up on the platform using their phone number, the app will seek
permission to synchronize the phone contacts list to check if there are any other users
who have signed up on the platform. Users can only message each other if both have
signed up on this chat app platform.
This mickle blochchain powered chat app will help people to connect to each other
globally and to make cross-border payment simple and fast.
Mickle money transfer app
Mickle money transfer app is a blockchain powered money transfer app that will allow users to
transfer money to others anywhere in the world quick and hassle free with low transaction fee.
This app will provide secure and transparent funds transfer between users in the ecosystem.
How it will work
This is a simple example of how the app will work;
Say Mr. A (from US) and B (from SPAIN) are registered users in this platform and Mr. A wants to
transfer $100 to Mr. B. He will have to login to the app deposit $100 inside his account using his
credit card. The fund deposited will show up in his wallet inside the app. He will have to enter
the mobile number of Mr. B, instantly Mr. B profile will show up. Then, he enters the amount
he wants to send which is $100 and click on the send button. The $100 gets converted to
cryptocurrency (Mickle) gets deposited in the wallet of Mr. B. Mr. B will get a notification that
he have received €90 (equivalent to $100 as of the time of writing this whitepaper). Once Mr. B
clicks withdrawal, the cryptocurrency (Mickle) will get converted to euro and gets deposited in
his account.
Problem & solution
Mickle money transfer app:
There is no denying fact that cross border money transfer has been an un-solved issue. Up till
now it involves extensive documentation, high cost of transaction fees, much time consuming
process and many more. The average transaction cost for the money sender is 7.68% that is
based on a transaction fee – a transfer fee or a hidden difference in exchange rates.
Participation in transfer of money is very beneficial for banks and the banks are in no hurry to
lower their commissions.
All thanks to the blockchain technology that beat this system by offering a safer and cheaper
way to send peer-to-peer (p2p) payments that do not require an intermediary.
Cryptocurrencies are built on the basis of a public decentralized ledger, which anyone can use
to send and receive money. Therefore, they eliminate the need for trusted third-parties to
verify transactions.
Mickle blockchain powered money transfer app offer accelerated secure, low cost, near instant
international payments transfer faster than traditional systems. The validity of the transactions
is verified by the globally distributed ledgers that apply a consensus mechanism.
Mickle Cryptocurrency
Mickle is a cryptocurrency utility token built on ethereum blockchain as an ERC20 token with a
limited supply of 100m. It was created to serve as a medium of exchange for goods and
services. It is the cryptocurrency that will run on the blockchain powered platforms we aim to
build. It will give holders access to our platforms once they are launched.
Use cases
Mickle will be used to buy things on the marketplace
Mickle will be used to pay for featured listings on the marketplace
Mickle will be used to pay for cab on the ridesharing platform
Mickle will be used to make donations on the crowdfunding platform
Mickle will be used to pay for trading fees on the exchanges.
Mickle Initial coin offering (ICO) Details
The airdrop, pre-sale and crowdsale launch dates and other important information will be
announced on our official website and social media pages. Stay tuned.
Token information
Token name: Mickle
Token ticker: MICK
Token decimal: 18
Token platform: Ethereum
Token type: Utility token
Total supply: 100,000,000 MICK
Contract address: 0xedF0270b041Ff4284B3d450C39C99221c1D1f913
Pre-sale price: $0.1 per MICK
Crowdsale price: $0.2 per MICK
Currency accepted: BTC
Minimum investment: $20
Soft cap: $1,200,000 USD
Hard cap: $12,000,000 USD
Token allocation
Funds allocation
Airdrop 1% Pre-sale
20%
Pre-sale Bonus 4%
Crowdsale 50%
Crowdsale Bonus 10%
Bounty 2%
Team 3%
Reserved 10%
Other 15%
Development 60%
Marketing 25%
Legal 5%
Banking & Reserve
5%
Overhead 5%
Other 10%
Mickle roadmap
Mickle team members
Ignatius Onyedika Obi
(Founder & CEO)
https://www.linkedin.com/in/ignatius-obi/
Mohamed Gamal Hussin
(Front-end Developer)
https://www.linkedin.com/in/mohamed-gamal-a9222511a/?trk=hp-identity-name
Feilong Cui
(Full Stock Developer)
https://www.linkedin.com/in/feilong-cui-9b6374155/
Sunday Ayeremoah
(Public Relation/Marketer)
https://www.linkedin.com/in/sundayayeremoah2016/
Conclusion
In closing, we the mickle team once again appreciate you for taking your time to go through this
document and your positive impact in one way or the other for the success of this project. We are
confidence that by adopting the blockchain technology that we will be able to achieve the aim of
building platforms that will be decentralized, immutable and transparent which will revolutionize the
traditional way of doing things in an advanced and modern way. We are not going to rest until our aim is
achieved.
Below is the link to our website, social media pages and groups in case you want to reach us for further
inquiry:
Website: https//mickletoken.com
Contact mail: [email protected]
Telegram: https://t.me/MickleToken
Facebook: https://facebook.com/Mickle-112961630252568/
Twitter: https://twitter.com/MickleToken
LinkedIn: https://www.linkedin.com/company/mickle
Medium: https://medium.com/mickle-token
YouTube: https://www.youtube.com/channel/UCZFfvaYn8K0MfOWHKoTszNQ/