MicroChains (MCG)

MicroChains (MCG)

Platform

MicroChains (previously was CBTC Bridge) carries the mission of “ The Power to Bridge More Emerging Chains”. It is committed to providing more secure cross-chain solutions to emerging chains and all public chains.

Start:

Aug 1, 2022 10:00:00

End:

Aug 2, 2022 10:00:00

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ICO Details

ICO Details
View Details such as General, Token Supply & More
MicroChains (MCG) Token Sale Details
Ticker Symbol:

OCG

Blockchain Network:

Cardano

Category:

Platform

Launchpad:

Occam.fi

Token Sale Page:

Click here

Rating:

Token Metrics & Distribution
Token Sale Price
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About MicroChains (MCG)

What is MicroChains?

MicroChains (previously was CBTC Bridge) carries the mission of “ The Power to Bridge More Emerging Chains”. It is committed to providing more secure cross-chain solutions to emerging chains and all public chains.

MicroChains invents the VoMEN Network security solution to greatly improve cross-chain services. VoMEN Network is the combination of multiple internal verifications and enhanced nodes network validation. Also, top Trust company HuobiTrust is invited to be the third-party supervisor to jointly prevent assets theft, over-issuance, and abuse.

MicroChains Unique Features

MicroChains Unique Features
MicroChains Unique Features

MULTI-SIGNATURE & HSM

In combination with multi-signature and custodian security technology, offering multi-level protection.

STRICT RISK CONTROL

A mature team with abundant experiences in cross-chain and finance to ensure product safety.

PROOF OF TRUST

Work with reliable custodian in best insurance coverage to assure asset security

CREDIBLE CUSTODIANS

Credible custodians including Cobo & Huobi Trust conduct asset custody and supervise the implementation of 1:1 token anchoring, preventing over- issuance.

ASSET CERTIFICATE

Open and provable asset certificates. Full attestation report issued by the credible third party audit institutions.

Roadmap

MicroChains Roadmap
MicroChains Roadmap

Q1 2022

  • Seed Round Funding Completed
  • CBTC Bridge Went Online and Project Operation Began
  • Completed Audit at Certik
  • Initiated Brand Upgrade
  • Reached an In-depth Cooperation with Cardano Ecological Projects including the Leading Order Book DEX & Swap
  • Cooperated with Milkomeda, the
    Largest Cardano EVM Sidechain
  • Brand Upgrade Announcement

Q2 2022

  • MicroChains Product Officially Launch
  • Support Cardano and 2 EVM Compatible chains
  • Recruit Seed Users and Community
    Volunteers
  • Support 4 EVM Compatible Chains, 2 Emerging non-EVM Compatible Chains, and 10+ Mainstream Asset Currencies
  • Introduce 2 Top Ecological Partners
  • TGE, Start Airdrops, Trading Mining, and Single Currency Pledge
  • Token Listing

Q3 2022

  • Support 15 Main Chains including
    Various Emerging Public Chains
  • Support 30+ Crypto Currencies
  • Start the study of Cross-chain Swap

Q4 2022

  • Support 20 Main Chains including
    Various Emerging Public Chains
  • Support 50+ Crypto Currencies
  • KYC Validator Program Launch,
    realizing decentralized verification
  • Cross-chain Swap V1 launch, supporting
    swap between different currencies

2023

  • Become the leading Cross-chain Application in Market Share
  • Support all Mainstream Public Chains & A Majority of Emerging Public Chains
  • Launch Cross-chain NFT Market
    Platform
  • Cross-chain Swap Optimization
  • Explore MCG Token Usage Scenarios
  • Launch Cross-chain Oracle Server V1
  • Launch NFT Cross-chain Bridge

MicroChains Token Economy

  • Project launch.
  • Early adopters incentives.
  • Liquidity Incentive , providers (for both token cross-chain and Cross-chain
    lending) and encourage users to staking liquidity for cross-chain usage
    needs.
  • Cross-chain Incentive, including Token Cross-chain, Cross-chain Swap, NFT
    Cross-chain, and Usage Scenario.
  •  Protocol governance, including modification of parameters, public chain
    support, token support, disposal of treasury funds and fee allocation
  • Revenue and fee Staking rebate (50%), team (30%), and treasury reserve
    (20%). Will be started in Q4 2022.
  •  Verifier incentives for KYC validators engaging in multi-node minting &
    burning verification.

Detailed Token Metrics

Updating…

Token Distribution

MicroChains Token Distribution
MicroChains Token Distribution

Token Release Schedule

MicroChains Token Release Schedule
MicroChains Token Release Schedule
  • Investors: Seed round. 8% for early-stage team building, R&D, auditing, office and future operations and other expenses. It’s unlocked over 18 months. 9.9% unlocked in the first month and the rest will vest equally every month in next 17 months;
  • Validator Incentives: 3.5%. 4-month cliff starting from 1st month, vesting 12% in the 5th month, then followed by a 11-month equal monthly vesting.
  • Public: 1%. 50%TGE, 50% 2nd month.
  • Liquidity: 1% for adding liquidity in DEX after token issuance. Fully liquid after the launch of cross-chain incentive (TBD). May.27,2022
  • Marketing: 7 % for marketing and publicity. It will be unlocked in 12 months, 28% unlocked in the first month, 8% unlocked per month in the next 7 months, and the rest unlocked over the last 4 months, 4% in each month.
  • Cross-chain Mining: 25 %. It is unlocked linearly over 25 months, 16% in the first month; halved in the 2nd to 4th months, 8% in each month; second halving in the 5th to 13th months, 4% in each month; and third halving in the 14th to 25th months, 2% in each month. The incentive may not be used up every month, and it may accumulate. It depends on if there is an incentive scenario. The actual usage situation will be regularly public in community.
  • Liquidity Mining: 25%. It is linearly unlocked over 25 months, and 4 % unlocked every month. The incentive may not be used up every month, and it may accumulate. It depends on if there is an incentive scenario. The actual usage situation will be regularly public in community.
  • Staking: 5%. Encouraging users to stake MCG and get incentives. The unlock plan is the same as Cross-chain Mining.
  • LP Rewards: 1.5%. Incentives for LPs of DEX. The unlock plan is the same as Cross-chain Mining.
  • Airdrop: 1%. Airdrops for early adopters “Microers”. Fully liquid first month (TBD). Rules to be determined later.
  • Liquidity Management: 2%. Liquidity management on centralized exchanges. Fully liquid 1st month.
  • Treasure: 10% reservation for future ecological construction and project development needs. It is unlocked 12% in the first month and the rest is equally vested over 11 months.
  • Team & Advisors: 10%. 6-month cliff starting from 1st month, vesting 8% 7th month, followed by 24-month equal monthly vesting.

Partners & Advisors

MicroChains Partners
MicroChains Partners
MicroChains Advisors
MicroChains Advisors

Team Members

Updating…

Investors

MicroChains Investors
MicroChains Investors

Shima Capital, Dutch Crypto Investors, ArkStream Capital, Lancer Capital