MEGA tokens are public blockchain tokens issued by Megapro Corporation. MEGA tokens are neither traditional company stocks nor traditional currency. Funded by its founders, Megapro Corporation has no needs or plans to raise capital so there will be no Initial Coin Offering (ICO) for MEGA tokens. MEGA tokens will be primarily used to award individuals and companies who made contributions to Megapro web portals and company operations. MEGA tokens are the official tokens on all Megapro web portals and marketplaces. MEGA tokens can be used to buy products and services at Megapro web portals and marketplaces. MEGA tokens can be traded on a public cryptocurrency exchange such as the BitShares DEX at any time. We strive to generate steady demands of META tokens from product and service needs, not from short term market speculations.
What makes the MEGA token special?
* Utilizing Blockchain’s Proof of Stake (POS) model, Megapro business decisions (for example funding new projects) will be decided by MEGA token holders’ votes. Each token represents one vote.
* MEGA tokens are the official tokens on all Megapro web portals and marketplaces. You can use MEGA tokens to buy products and services at Megapro web portals and marketplaces.
* Utilizing Public Blockchain’s Transparency, we build trust among Megapro marketplace buyers and sellers by using MEGA tokens for transactions. Buyers can use the MEGA token to offer job requests such as programming requests for trade strategies and paying with the MEGA token as a proof of transaction. Sellers can receive payment via MEGA token as proof of service rendered.
Buyers and Sellers can check each other’s creditworthiness by looking up the counter party’s public MEGA transaction records. Because transactions are recorded on a world trusted public blockchain network, no one can modify or make fake MEGA tokens’ transaction history including Megapro employees.
* MEGA tokens holders can receive product and service discounts by holding a certain number of MEGA tokens. We encourage long term holding of MEGA tokens.
* Utilizing Blockchain’s Decentralization Philosophy, the Megapro marketplace allows buyers and sellers to transact directly with each other. No middle man in the middle. The buyer put out a job request with his/her own price. Seller takes the job and offers his/her service. When the service is done, the Buyer pays the Seller direct. All transactions will be recorded on the public blockchain network.
* When there is a business profit Megapro Corporation will purchase back a certain number of MEGA tokens from MEGA token owners so we can continue to award tokens to new contributors.
* The total number of MEGA tokens that can be issued is permanently capped at 1 Billion. MEGA tokens can be traded on a public cryptocurrency exchange such as BitShares DEX. Buyers can buy MEGA tokens at public cryptocurrency exchange(s). MEGA token holders can sell their MEGA tokens at public cryptocurrency exchange(s).
Disclaimer: Megapro’s MEGA token pages are intended for informational purposes only. It is not intended to be investment advice, solicitation of any kind nor an endorsement. Any decisions or actions taken on the basis of the information presented on this website or other content is done at your own risk and discretion. Upon taking action on the basis of the information presented in this website or other content produced by Megapro, you confirm that: (a) This website or any other material produced by Megapro is not an offering, solicitation or prospectus of any kind. (b) Megapro is exempted from any direct or indirect liability to the maximum extent of the law. (c) You have a good understanding of the key components of blockchain technology and understand how blockchains operate. In addition, you fully understand how to use blockchain wallets, including safeguarding private keys. (d) You are aware of risks in the cryptocurrency industry and are able to bear potential losses in full.