About Master Contract Token
Market Stats
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Today | $0.00 | NaN% |
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1 Year | $0.00 | 0.00% |
Coinbase insights
Recent trends
FAQ
Master Contract Token (MCT) offered by the Neo smart economy blockchain is a utility token. Most utility tokens on the NEO blockchain are built for a specific DApp; however, MCT aims to be a utility token used for numerous DApps, not tied to any single DApp.
Neo aims to be an open-source, community-driven, developer-friendly, feature-complete blockchain platform for building decentralized applications. According to the founder of Ethereum, Vitalik Buterin, with the kind of cryptocurrency bear market, the famous blockchains have become critical to start getting real-world adoption. Without adoption, the whole crypto industry might slowly lose relevance. Thus, Neo also looks forward to embracing real-world usage of blockchains with MCT.
As per the whitepaper, the token aims to have the following four features:
The MCT team hypothesizes that increasing the DApp development on NEO is possible by removing certain noteworthy obstacles developers face presently. Solving the challenges aims to get more developers to consider developing on NEO. NEO seeks to encourage developers to use MCT as a utility token by resolving the obstacles. Thus, with more developers flocking to NEO, the probability of projects helping real-world adoption increases.
The project used an initial airdrop to distribute MCT into the ecosystem. Tokens were distributed to any Neo address on the Neo MainNet by May 8, 2018.
The MCT ICO won't happen as per the website, and the MCT smart contract is the end product.
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Social stats
Popularity in posts
#3098
Contributors
21
Posts
29
% About Master Contract Token
0.004%
Hold times
0 days
X (Twitter)
0% bullish
Sentiment
5.0 ★
Highlights
21 unique individuals are talking about Master Contract Token and it is ranked #3,098 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Master Contract Token has an average sentiment score of 100 out of 5. Finally, Master Contract Token is becoming less newsworthy, with 0 news articles published about Master Contract Token.
On Reddit, Master Contract Token was mentioned in 0 Reddit posts and there were 0 comments about Master Contract Token. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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