1. What problem are you solving, why do you need the blockchain technology and what are the main pillars that define your company and differentiate you from your competitors?
The idea combines a set of features for dealing with cryptocurrencies that, in their entirety, cannot be matched by exchanges or wallets currently available on the market. Apart from removing security problems, which arise when private keys and passwords are stored online under the control of third-party holders, moving transactions off the blockchain results in the absence of commissions when money changes hands, and also provides complete anonymity not only for new owners but even at the moment of purchasing a container at Mira’s exchange, as the only information needed for MiraBox creation is its ID. Another important benefit — accessible to people who lack technological know-how.
2. What value are you adding to your industry value chain and which are the main obstacles to the success of your solution?
We are struggling to address the most pressing challenges of every newcomer in the complex world of blockchain industry, as currently only advanced users are welcomed here. While others are trying to build “space ships” to conquer the universe, we are working hard on existing and functioning solutions, making them convenient and accessible to everyone. But we can state definitely that even experienced users will be pleasantly surprised with our platform. With regard to obstacles, the main problem is the lack of a legislative framework, which provide some vagueness. As for the rest, we have all resources to achieve the purposes intended.
3. Why did you decide to launch an ICO and why do you need a public Token Sale?
We decided to launch a token sale for two main reasons. The first one is to attract the funds for development and maintenance of the product. The second reason is that we are interested in the fullest extent possible balanced distribution of MIRA tokens.
4. How does your token function within the platform and why is it needed? How did you decide the total supply and distribution among stakeholders?
People will be able to pay for platform’s services with MIRA tokens; thus, they can save a lot on commissions. Moreover, every holder of 3,000 MIRA tokens can become a Node, and receive constant income from the network. Our economy is clearly calculated and determined. You can easily convince yourself in this and read more about our business model in Economy of Mira section of our WP at https://miralab.io/Mira_WhitePaper_EN.pdf.
5. Where do you see the value of your token in the medium to long term and the ultimate benefit for the token holders?
We believe that only scam projects can guarantee a profit. Even though, we can’t guarantee this, we have the most optimistic forecasts. We will spare no effort in that regard.
There are the main reasons why MIRA tokens will increase in value:
· As early as 2020, 70 % of operational costs will be financed by fiat income.
· Over 60 % of total earnings will be denominated in MIRA tokens by 2020.
· During next 2018–2019 we will liquidate 25% of MIRA tokens that we will receive as revenue. In 2020, the repayment rate for tokens will increase to 35%, and from 2021 — up to 45%.
· Number of tokens is limited, so you can understand the outcome.
6. Thinking about the future, what are your plans after ending the ICO? Are you afraid that the volatility of the cryptocurrency market might affect the economy of your project in any way?
There is still a lot of work ahead. We`ve got a roadmap for guiding our actions in order to achieve better results. Of course, it won’t be easy. As was mentioned above, Mira has no direct analogues and competitors as of now, that’s mean that there are no off-the-shelf solutions on the market currently.
Volatility, in the present scenario, is a given, with which we have to put up. We cannot affect it globally, but can take some advantages, we mean trading at this point.
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Disclaimer: This interview and the information contained herein is not intended to be a source of investment, financial, technical, tax, or legal advice. This interview cannot substitute for professional advice and independent factual verification.
