What is MultiChainExchange?
MultiChainExchange (MCE) is a decentralized marketplace that allows buyers and sellers to trade in any cryptocurrency without intermediaries. MultiChainExchange provides a safe, fast and simple trading platform. With its help, users can freely exchange cryptocurrencies, avoiding unnecessary verification requirements and waiting times. The platform uses a system of decentralization using blockchain technology which allows to avoid the problems associated with the trust issues, which often arise in the field of exchange trading.
MultiChainExchange is holding a crowdsale event of MCE Cryptoshares. Cryptoshares are digital assets that will be used later to facilitate the distribution of profits generated on the platform. And also, the profit that will be received by any new venture operating within the framework of the MultiChainExchange market.
Owing to blockchain technology, the platform uses an innovative approach to the ownership of the company: all the profits of the site are distributed among holders of the MCE Cryptoshares, each of whom is entitled to regular dividends in any of the currency traded on the platform.
Holders of the Ccryptoshares can also participate in determining long-term prospects and in decision making through democratic voting within the proof-of-stake (PoS) method. This approach allows to unite the traditional operation of companies, such as dividend payments and voting of shareholders, with the innovative advantages of blockchain technology and decentralization.
The funds received from this crowdselling will be used to expand and rapidly develop the MultiChainExchange platform.
The main problems of modern centralized exchanges are the general level of inefficiency, security problems, waiting time and unreasonable verification requirements. This creates a high market entry threshold for a huge number of potential users. Also, common problems are unethical practices of insider trading, outstripping transactions and the establishment of deceptive pricing.
Demand for decentralized markets will always exist, until the above mentioned problems disappear. Decentralized markets provide the opportunity for direct interaction between sellers and buyers through smart contracts, which in its essence is the purest form of free-market trade.
The future of the entire digital currency ecosystem depends on the development of a reliable and successful decentralized exchange, which supports a large variety of cryptocurrencies. The innovative model of distributed property, achieved thanks to MCE Cryptoshares, will fill the vacant place in the market, while at the same time returning the received income to its users. In addition, MultiChainExchange, by lowering the entry threshold, will act as a catalyst in the development of the crypto-currency market.