MDP is a utility token created for MBAEX Exchange.
MBAex Digital Pass, or "MDP" for short, is an innovative digital asset issued on the MBAex platform. The current amount in circulation is 660 million units, featuring and utilizing the characteristics of blockchain assets technology.
MDP is an ERC 20 standard token based on the Ethereum blockchain.
Methods of Distribution
The MDP issuance is fixed at 660 million, based on the following distribution criterias:
1. RMIB: 330 million MDP;
2. 300 million MDP reserved for RMIB 's bonus.
3. 30 million MDP reserved for distribution to the platform community contributors and charity events.
The leading free-flow fee reduction mechanism
The MBAex platform is proud to introduce the premier MBAex membership, as this allow MBAex members to enjoy value-added services such as fee reductions on unlimited trade transaction.
MDP(s) will be deducted as/for members’ fee. This utilized MDP(s) will be purged and recorded on the MDP's blockchain browser.
Example: (The fee will be adjusted according to the market requirements.)
1 MDP for every 30 days, 5% reduction of transaction fee for this account
5 MDP for every 30 days, 10% reduction on transaction fee for this account
10 MDP for every 30 days, 20% reduction of transaction fee for this account
15 MDP for every 30 days, 30% reduction of transaction fee for this account
20 MDP for every 30 days, 50% reduction of transaction fee for this account
(no limit in transaction number and amount)
Enterprise-level Value-added Services:
MDP is the primary token utilized for future commencement of MBAex’s enterprise-level services and its suite of activities which encompasses coins-listing, advertising and branding services on MBAex platform and so on. All these would broaden MDP’s usage and thus boosting its acceptance and popularity amongst its communities.
The utilized MDPs will be purged and recorded on the MDP's blockchain browser. Thus MDP would become a very limited and valuable.
Consortium Blockchain Ecosystem
A Consortium Blockchain Ecosystem will be forged around MDP, utilizing its decentralised nature to conduct trade and build an ecosystem with the utilization of MDP as its core. The many usages of MDP will be further expanded beyond MBAex, leading to a significant increase in user-acceptance and usage, thus pushing the MDP’s value beyond its potential limit!
MDP Trading Zone
MBAex will launch MDP trading zone. This will further enhance MDP value as a base currency in the exchange other than its usage for value-added services and fees reduction. The demand for MDP among its communities will only get higher.