MContent

MContent endeavors to be the world’s first crypto-based marketplace designed for digital content across the globe. The primary focus of MContent is to create a collaborative digital content ecosystem— an ecosystem that thrives on the purpose of seed funding, incubating, and curating digital content creators and filmmakers. To achieve its mission, MContent helps generate direct funding and investments for talented digital content creators and media artists through its collaborative ecosystem. As the platform’s whitepaper cites, the MContent platform works toward achieving new levels of scalability, mass adoption, and crowdfunding for digital content by using the power of fintech and blockchain networks.

In other words, MContent utilizes the potential of blockchain to aim to bridge the gap between aspiring content creators and global traders. Moreover, MContent seeks to provide users with a dynamic and self-sustaining ecosystem that automatically funds and fuels digital content production. At the same time, this collaborative platform tokenizes the work of content creators in order to aim to provide them with the following perks:

Furthermore, MContent functions as a tokenized digital content platform developed and run on Binance Smart Chain (BSC) network using proof-of-stake (PoS) protocol. Binance Smart Chain network enables smart contract programmability for decentralized applications.Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. As per the whitepaper, the MContent platform can generate enough funds in order to sponsor the content of a massive number of filmmakers and content creators.

Umair Masoom Usmani is the founder and CEO of MContent and heads more than twenty international and regional brands. He brings two decades of industry expertise in marketing, digital innovation, and media & entertainment to the platform. The maximum total supply of MContent tokens is 10 quadrillion, in which 4 quadrillion tokens get burned. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.At the same time, 1% of tokens are utilized for redistribution to the network token holders.