MY IDENTITY COIN ( MYID)

Bimalsolti
7 min readDec 20, 2020

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Hay everyone my name is Bimal. Today i am going to introduce you to a new project which is really awesome i am sure you will like it. Today’s blog is about “My identity coin". Now let’s start.

⚫ INTRODUCTION.

Cryptocurrency is taking its step to being accepted worldwide. Revolutionizing the world of currency.
Let’s go travel back to the history book. In just 2019 alone, Crypto users have lost 20% of ALL their existing tokens due to their negligence. Unlike FIAT, it’s unlikely the coins could be recovered.
My Identity Coin (MYID), a part of “The Money Project” by OkGlobal Coin SWITCH, is the world’s first ‘tagging/wrapping’ technology that aims to eliminate risks from loss or theft.
A utility coin that's used for tagging cryptographic blocks with unique owner identifying code. For simplicity’s sake, it means that in the future your information will be tagged on the coins you purchase.
Ultimately, this exponentially reduces the chances of any loss & theft across the global blockchain economy which could potentially save millions or even billions of dollars worldwide.
MY IDENTITY Coins, MYID, are being offered through an initial coin offering launching on December 27th, 2020.

CRYPTOCURRENCY the term is still very intimidating for most people. There is always news flashing about the crypto scams and people facing big losses. The irony of this field is scams happens and they continue to happen like any other money scams around the world.
Therefore, it seems like a complicated task to invest in cryptocurrency.
MYID coins are 100% utility coins. Therefore there are no promises made to owners of MYID Coins. Investors in MYID Coin should understand that investments made into utility coins are not guaranteed and investors face the risk of losing all their investment. Utility coins are inherently a high risk investment and therefore all investors should weigh their risks when investing and do their own research prior to making any investment.

It’s been few years that cryptocurrency has been introduced in finance world. Ever since it has evolved so much in terms of safety and security. Trading has been made easier and safer with the use of new algorithms of technology.
Bitcoin is the first cryptocurrency introduced and it is the strongest of all when it comes to monetary value. So, an investor’s concern regarding the security and safety of his funds is very high. Whether you intend to purchase or sell.

My Identity Coin (MYID), a part of “The Money Project” by OkGlobal Coin SWITCH, is the world’s first ‘tagging/wrapping’ technology that aims to eliminate risks from loss or theft.

A utility coin that's used for tagging cryptographic blocks with unique owner identifying code. …
OKGlobal Coin will eliminate ALL merchant card processing problems .

⚫ Why OKGlobal.

0.1 % merchant payment processing(1/tenth to 1/30th not exactly current market rates) with zero for every exchange charges, made sure about protection premium financing, worldwide cash cross installments to delete or lessen money trade expenses and another moderate-low to no hazard money the board answers for offer genuine advantages while guaranteeing expanding estimation of our crypto coin.

Free charge cards and financial records (held in fiat and additionally crypto) to all or any . 3: SWITCH bookkeeping completely straightforward and accessible on the online . Benefits return into coin record equilibrium to increment inborn worth and solidness of OKGlobal coin. The worldwide network shares benefits as individual member proprietors.

⚫Coin Structure.

Creation of Coin which will have a flash transformation to the fiat of vendors decision or held in OKGlobal crypto coin account exchange made to vary various coins over to fiat and therefore the other way around. Various coins are often utilized however with higher transformation fees. All OKGlobal people group members' possessions should be in fiat or OKGlobal coin. OKGlobal Community administration focuses are going to be open for member administrations.

⚫ TOP EXCHANGE LISTINGS AFTER ICO.

MYID Coin is a project to create the world's first "tagging/wrapping" technology to eliminate risks from loss or theft. MY IDENTITY Coin is part of "The Money Project" used to code OkGlobal Coins with each owners identifying information.

MYID Coins are currently an ethereum erc20 token but will migrate to its own unique block due to the functionality limits of ethereum. We chose ethereum to launch the MYID Coin ICO to ensure compatibility with trading platforms and ease of access for the general public to participate in the ICO offering.

MYID coins, after migrating to its own unique blockchain, will be operating in an algorithmic mesh with OkGlobal Coin and may be used for other blockchain assets.

40% is reserved for the team and campaign participants of "The Money Project". The remaining 60% will be offered for sale to the public. Proceeds from the ICO and future sales will be used to create and secure/maintain the technology and platform for MYID Coin.

Immediate liquidity is available on UNISWAP. There is no lock-in period. We will be listing MYID coins once the ICO campaign ends by either hitting its hard cap of 50,000 ethereum or running out the 60-day ICO duration.

MYID coins are 100% utility coins. Therefore there are no promises made to owners of MYID Coins. Investors in MYID Coin should understand that investments made into utility coins are not guaranteed and investors face the risk of losing all their investment. Utility coins are inherently a high-risk investment and therefore all investors should weigh their risks when investing and do their own research prior to making any investment.

⚫ Benefits of OKG Usage.

Guaranteed least expanding base(minimum return) esteem from reinvested gets back from administration/installment/account/speculation stage if there should be an event of organization/coin collapse.

Improve and facilitate money move and lessen exchange expenses to an immaterial sum that's gainful to all or any participants.3: Retain or increment buying influence a seemingly endless amount of your time after year by outperforming or at absolutely the minimum staying conscious of the expansion.

Token Sale.

The STO starts twentieth of September 2019.100% reward during Phase 1 Securities Token Offering.1 OkgSg token = 0.004 pennies during Phase 1 STO with a 1:1 bonus.Only USDC Coin acknowledged for the deal. No bitcoin or ethereum. Just USD coin since it's steady and every coin is sponsored by US Dollar.

All members should pass KYC/AML screening and utilize just their MetaMask or MyEtherWallet(MEW) Ethereum address. Stage 2 STO offers booked for the primary Quarter of 2020. No extra tokens during that point and therefore the cost are going to be 0.004 - 0.008 pennies per coin at that point .US residents aren't allowed to partake in www.okglobalcoin.com however they will submit and take an interest in www.okglobalcoinsg.com. Singapore residents aren't allowed to require an interest in www.okglobalcoinsg.com however they will submit and partake in www.okglobalcoin.com All different residents can participate in both of the contributions. they're the equivalent.
Improve and facilitate money move and lessen exchange expenses to an immaterial sum that's gainful to all or any participants.3: Retain or increment buying influence a seemingly endless amount of your time after year by outperforming or at absolutely the minimum staying conscious of the expansion.

⚫ Token Details.

MY IDENTITY COIN by "The Money Project" at OkGlobal Coin SWITCH.

ICO LAUNCHING ON 27TH DECEMBER 2020 9AM SINGAPORE TIME!!

TICKER: MYID

MYID*ERC20 Contract Address: 0xbee571a0a8599ada125e1a33e56287c3c594a5e2

1 ETH = 500,000 COINS DURING ICO

Hard Cap: 50,000 ETH = 25 billion MYID coins

Total Volume: 100 billion (ERC20) MY IDENTITY Coins

Launch Date: 27th December 2020 9 AM Singapore Time

ICO Duration: 60 days

⚫ RoadMap.

⚪ AUTHOR:

Bitcointalk Username: Bimal2022
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2892610
Telegram: @bimal1665
ETH Address: 0x70cc0D181aa54A0AE5050c51dFA2A2196A075600

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