MERITT — Open protocol for Your Blockchain Community

Suppose you have a need for fundraising or you want to offer a service payable using your cryptocurrency with some good discount scheme in place, if you try to develop all this platform by yourself then it surely be a complicated and time consuming works. In the world of economy, the product or service must be sell to market as soon as possible. Same case in fundraising or crowdfunding activity, then we would need to get the investment coming in fast so we can get the necessary funds needed to finish a certain project/activity.

Meritt protocol is created to overcome all the complexity in creating one own blockchain platform. Meritt can take away the time and effort needed to implement new blockchain platform so you can focus on your business or your activity. Meritt is an open source and free protocol and decentralises fund raisings and token issuance for individuals, communities and small businesses. With the Meritt protocol plug & play building blocks, you can create yourself your bespoke tokens, whether these are equity tokens, loan tokens, utility tokens, a service tokens, or asset tokens. Key terms of your token are committed on the blockchain and executed by smart contracts, providing transparency & certainty on settlement. Meritt protocol decentralises fund raising and financing. They open protocol for self-governed creation and servicing of peer-to-peer financial contracts on the Blockchain.

Personal information remain under your control and disclosed on zero knowledge basis only, Meritt do not hold any of your private information. To sell your tokens once created on the Meritt dapp, you can either list it on the Meritt marketplace after disclosing you Meritt score, or place your tokens with trusted networks you have built on the Meritt social network dapp. This mean it is also reliable for the cryptocurrency buyer as they can buy the quantity and on the token valued based on your Merrit score.

With Meritt, individuals, communities and businesses can now easily issue bespoke and unique digital assets with ease and without fees or intermediaries. This simple, but revolutionary tool is the key to decentralizing essential services and activities like issuing a community token or equity to fundraise, issuing a loan to get finance or issuing a token to trade assets or services directly with peers.

Meritt financial contracts can be securities, loans, bonds, utility, property or donation tokens. For each financial contract issued, a specific ERC20 contract token is created. Key terms committed and resolved in the block chain. Transparency and certainty about the future execution of the key terms and the audit trail in the immutable distributed accounting books. Secured issuance and non-trust service of financial contracts through intelligent contracts. Sovereign identification and secure ownership of data.

There is a problem of Increasing in corporate debt: unused eyes are listed as liabilities. The decline in demand and the decline in demand for consumer ratings adversely affect the company’s commitment to more important and financial reviews. The lower achievable loyalty program: with low looks, the company cannot reach its loyalty program, as expected. Low awareness of how to calculate social costs for customers and trade. The complexity of the control point. Eighteen stored programs, different, make it difficult to maintain the eyes and fill the cup. the Meritt platform will be profitable as it stitches can be used by users and businesses. Use merit protocol to replace the memory point or eye marker. Users can access ads through ad channels, rather than affiliates.

With Meritt Wallet, you can simultaneously manage multiple users at the same time. Companies have access to more customers so that they can sell their products in accordance with the instructions. The exchange model of dignity helps companies reduce their responsibility with the impression. Couples can contribute to greater customer loyalty when eating and eating.

Meritt can also offer a loyalty program used to weaken and increase liability to a company due to the use of blocks and too many loyalty programs to solve problems related to immediate danger to consumers. Meritt offer the cheapest method with maximum safety. In addition to low reliability and transaction costs, Meritt provides more meaningful results for consumers and business partners by using block circuit technology to lift vehicles from the center. According to the survey, two-thirds of the people average uses a point system from 29 different companies. For example, when flying on an airplane for a business trip, use an online store or credit card collected at any time. Often this product receives a certain percentage of the total purchase when we buy goods and services. For customers, eyes reduce the price of goods and allow them to use future cash points to buy goods and services. For business, customers can expect to increase loyalty and encourage customers to focus on their services.

Meritt users can also easily replace their mirrors for Meritt or coins token. Meritt also includes advertising channels that provide advertisers or coupons directly to users of Wallets, Meritt, or business associates. In this partnership, Meritt attracts more customers and promotes more loyalty programs. In addition, Meritt shop users can buy goods or services from a partnership.

Meritt also have a ready to use applicaton named dApp to help the transactions for its platform. A token sale can be easily launched and managed on the Alpha dApp. A trusted community can create its own digital assets and sell them to members to fund a project that benefits the entire community. The community issuer decides on rights attached to the digital assets held by members, these could be voting rights for members to vote on the use of the total proceeds, or dividend rights from profit made. You can also build your Meritt score on the Meritt dAPP and distribute
your token on the peer to peer marketplace. This way people can review your offer based on your Meritt score valuation. You can also opt to Build your trusted networks on the Meritt dAPP and distribute your token within your communities with the simple steps as below:

• Make a trusted communities, you create or join your trusted group on Alpha.
• Self-issue and sell tokens to trusted group members.
• Support your community and participate in a token issuance from a trusted member.
• The trust within a community acts as a soft guarantee No Alpha underwriting score is required.

Meritt Protocol which is based at United Kingdom will offer its token named MTT under Pre-sale date at 20 August 2018 that ending at 20 September 2018. The Token Sale ICO start date at 20 September 2018 ICO and will end at 20 October 2018. The ICO token supply available at 504,000,000. Its Soft cap at 5,000 ETH and with no additional token emission. The MTT currently valued at 5000 MTT = 0.0002 ETH. It accept ETH for transactions. Meritt is rated as stable at 3.66 by ICOMarks. While ICOCreed gives Meritt a 3.6 rating value.

Meritt Token distribution is for:

• 42% — token sale
• 33% — ecosystem partners and Network adoption
• 25% — team, advisors and others

Meritt Funds allocation is for:

• 36% — development protocol and applications
• 23% — marketing customer acquisition, SEO
• 21% — legal and operation expenses and banking license
• 8% — developer, bounty pool and contingencies
• 7% — professional fees and consulting fees
• 5% — financing liquidity pool for dApps on the Meritt network

Meritt protocol is building a platform that will allow everyone to create and distribute their own tokens, mixing and matching exactly the characteristics they want, without the need to engage in complex programming or deployment activities — everything is meant to be done via either a dapp-based front end, or via an API. Blockchain platform creation now is enable to everyone that need it, thanks to Meritt open protocol in place. With Meritt, more and more new blockhain protocol can be created and you can model it based on your creativity and innovation for whatever business you need to launch in the future. Let’s support and join the Meritt revolution to make blockchain platform for just about anyone!

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