MB Coin
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Date of Foundation
2024

MB Coin

IOT PoweredFirst time ever Real Time IOT synchronization with Block chain

The Idea origin story

Our startup, called MBCoin, is pioneering a significant innovation in the blockchain space. With a primary focus on Internet of Things (IoT), we are developing mechanisms to achieve real-time IoT synchronization with blockchain for the first time ever. Our unique proposition lies in the fact that MBCoin's valuation is intricately linked to actual production units. In effect, the value of each MBCoin mirrors the capacity of a physical production unit thereby grounding the cryptocurrency in tangible real-world assets.

The Mission

Our mission is to revolutionize blockchain with real-time IoT synchronization, linking digital assets to physical production units.

Clients

Dealers adn Distributers of Mica plywood products and Crypto Community

Problems we solve

Client’s problem

Our product directly addresses the concerns of manufacturers by offering real-time data synchronization, product authentication, automated agreements via smart contracts and traceable supply chain. This integration revolutionizes manufacturing operations with transparency and efficiency.

Confirmation of problem

The actuality of the problem is confirmed by persistent issues in manufacturing operations due to a lack of transparency and efficiency.

Solution

Our solution is leveraging blockchain for real-time manufacturing integration. We offer data synchronization, product authentication, smart contracts and traceable supply chain.

Our technologies

This solution is based on technologies

How it works

Our solution, MB Coin, utilizes SHA-256 and PoA consensus to facilitate product traceability and efficient inventory management in supply chains.

Value for the client

PitchBob’s recommendation: Our solution delivers true value by ensuring quality assurance, enabling real-time data monitoring and efficient product recall management.

Market and strategy

Market size

1500000000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

10

% of the market

Is our goal in the next 3 years

Team

My name’s

Gopi Divecha

My key role in the product

My key role is Marketing Manager and I am responsible for leading our team's branding, promotion strategies, and market research efforts.

Team size and key members

Expanding our team could include roles such as a tech lead for system architecture, legal advisor for compliance aspects, and financial controller for budgeting.

Competitors

Competitors

none

Our Advantages

Leveraging blockchain technology, our advantages are deeply rooted in ensuring transparency and quality control. From real-time data monitoring to efficient product recall management and stringent quality assurance for both raw materials and finished products, we provide an unparalleled level of oversight that outperforms competitors.

Business model

We generate revenue by enabling fast, low-fee transactions and facilitating secure cross-border payments via the efficient use of MB Coin.

Traction

We have successfully completed the development of our website and white paper. Our testnet is also ready, marking a significant milestone in our product's progress.

We are projected to make significant strides within a year. Funds will be dedicated towards enhancing product traceability through real-time manufacturing integration, ensuring transparent supply chain tracking and efficient inventory management reducing costs significantly.

Metrics

PitchBob’s recommendation: We diligently track key metrics like user participation in community governance and MB Coin transactions. Our focus on decentralization, transparency, and tamper-proof record-keeping fosters trust and secures our ecosystem.

Our venture's monetary strength is reflected through MB Coin (MBC) under a robust tokenomics model, ensuring sustainability and utility. The initial distribution of MBC meticulously crafted for maximum benefit.

Incorporation

Our company incorporated in

Dubai

Key risks

The primary risks of our startup include potential technological issues such as security vulnerabilities in IoT systems, lack of routine adoption from manufacturing companies resistant to change and regulatory challenges around the use of blockchain technology.

Investments

$

200

We raised investments

Our Investors

Our MB Coin distribution involves a 50% allocation for public sale, with the rest providing support to our founding and development teams (20% & 15% respectively), charity initiatives (7%), legal collaborations (6%) and private offerings (2%).

Rising Investments

$

3,000,000

Currently, we are raising investments

$

10,000,000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

MB Mica Tokens

MVP