MXC is a German non profit organization based in the country’s start-up and blockchain capital, Berlin. MXC is partnering with various LPWAN companies.
Machine Xchange Coin = Data Network
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Exchange Ticker (MXC)
Coin or Token
Circulating Supply (800 Million)
Total Supply (2.6 Billion)
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MXC is a German non-profit organization based in the country’s start-up and blockchain capital, Berlin. MXC is partnering with various LPWAN companies. MXProtocol is a revolutionary design that solves the problem of LPWAN and bridges the data gap between different infrastructures. The MXC vision is to introduce a systematic process to both simplify and increase IoT data transactions. The decentralized infrastructure upon which MXC’s system is based in the future of Low Power Wide Access Network (LPWAN) and the Machine eXchange Protocol (MXProtocol).
The MXC project, based out of Germany, managed to raise $19 000 000 during the duration of their crowdsale.
LPWAN technology emerged to the forefront in recent years with the goal of finding a better data transmission solution to the shortfalls of WiFi, Bluetooth and 3G & 4G networks. These earlier established networks were originally targeted at connecting people, not at connecting the data generated by “things.” The amount of machine-generated data has multiplied significantly in recent times. The new LPWAN technology offers aspects where others simply can’t compete:
- 10 year sensor battery life
- 20 km data reach with just a single Gateway
- Offers an extreme amount of connection points (over 60,000 for a single network cell) supported by LPWAN Gateways at an extremely low cost.
Now, when compared to the current wireless network, it’s easy to see the superior advancements that the MXC solutions offer. As illustrated in Figure 1, LoRa and NB-IoT are simply the most potent solutions on the LPWAN market.
NB-IoT is a narrowband radio technology specified by 3GPP as a licensed telecommunication protocol. NB-IoT focuses specifically on indoor coverage, low throughput and long battery life, enabling a large number of connected devices. The advantage for an MXC IoT user is that it gives an individual the power to host their own network wherever and whenever they like.
LoRaWAN is an open-source protocol defined by the LoRa Alliance, which is already supported by industrial giants such as Cisco, Alibaba, Comcast, IBM and SK Telecom and many more. Advantages of LoRaWAN are 20 km open space coverage, low data rates (low-level kbps) and ultra-low power, allowing for 10 years continued operation on a single battery. Both the Gateways and end sensor devices use the LoRaWAN protocol. In fact, devices of any brand are supported and can be connected to the network as long as they are LoRa/LPWAN compatible.
The overall problem with MXC is that data marketplaces do not have a high valuation in current markets and that could result in a shortage of liquidity. Furthermore, their roadmap is quite long, with their last concept- the Inter-Chain Data Marketplace, being deployed in 2020. Their company is pretty young.
Machine Exchange Coin is a data marketplace for IoT gathered things which seems to be a solid project for the long-term. Passive income possibilities and IPWAN as a high potential technology could smooth the way to success. The investment of Fenbushi displays VC demand and shows that the project has already gathered international interest. The blockchain data marketplace sector is very saturated and the recently success of such data marketplaces stayed below the expectations.
- Good volume on many exchanges
- No direct backing (asset, profits, commodity)
- Shortage of liquidity