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Niu Chain (is a blockchain that opens up the two-way circulation between traditional assets and digital assets. Maverick Chain is committed to building the best BAAS (Blockchain as a Service) service platform in the blockchain industry, providing blockchain Chain developers provide aggregated SDKs for each public chain.By using Mavericks Chain's BAAS platform, blockchain application development can be made easier and faster, and more non-blockchain assets can be migrated to the blockchain network more conveniently To attract more developers to participate in the construction of the blockchain network (Internet of Value).
Maverick Coin (MVC) is the original token of the Maverick Chain, which is the guarantee for the normal operation of the Maverick Chain. Limited. MVC is mainly used for: paying the additional service fee of Mavericks Chain and its SDK; paying the transfer fee of Mavericks Chain and its SDK; paying the cost of issuing or purchasing assets in Mavericks Chain.
As a public chain that opens up the two-way circulation between traditional assets and digital assets, Mavericks Chain operates as follows.
Asset holders apply to register assets (such as overseas real estate, equity of unlisted technology companies) into the chain, and after being approved by the Mavericks Chain Asset Audit and Management Department, the asset identification registration asset entry is carried out through the open data index naming technical specification Chain to realize asset securitization, so that assets can be divided into arbitrary shares for transaction, and then the subscription channel will be opened on the exchange to open subscription to all users. After the subscription is full, the asset ownership delivery procedure will be started. Income: asset cash flow income (such as real estate rent, equity dividends), asset appreciation income (the increase in the price of the asset itself); it will be returned to the asset subscriber in the following manner in accordance with the subscription ratio:
Asset cash flow income in The open market repurchases Mavericks and distributes dividends in the form of Mavericks.
Asset appreciation income: If the asset itself appreciates, the subscriber can trade the asset share held on the public exchange; or more than half of the asset shares vote to agree to sell the asset to a third-party buyer outside the chain, All proceeds will be repurchased in the open market for Mavericks, and distributed in the form of Mavericks to each asset share owner according to the subscription ratio.
*The above content is organized by YouToCoin official. If reprinted, please indicate the source.