MICA Token Whitepaper 1.0 http://microcaplist.com
1 Legal Disclaimer CONTENTS 1.0 ABSTRACT.. 2.0 OVERVIEW. 2.1 Vision Statement. 2.2 Mission Statement..... 2.3 MICA Token Objectives 3.0 MICA SOLUTION OVERVIEW... 3.1 MICROCAPLIST platform features... 3.2 MICALIST platform features 4.0 MICALIST PLATFORM..... 4.1 Study of blockchain freelance market.. 4.2 The current platforms overview.. 4.3 MICALIST provide advanced solution.. 4.5 What is Escrow?... 4.6 How MICALIST escrow work with crypto fluctuation protection? 5.0 MICA TOKEN OVERVIEW.. 5.1 MICA Token added value function. 5.2 Benefits for MICA Token holders 6.0 DEVELOPMENT STRATEGY.. 6.1 Token details. 6.2 Token sale.. 6.3 How to buy MICA token 5.4 Token allocation. 7.0 ROADMAP. 8.0 TEAM BEHIND. 3 4 4 4 5 5 5 6 7 7 7 7 11 11 14 14 15 18 16 17 17 18 19 21
2 LEGAL DISCLAIMER The purpose of this White Paper is to present MICA Token to potential investors in connection with the proposed ICO. It is to provide relevant and reasonable information to potential users, enabling them decide whether to undertake a thorough analysis of the opportunity with the intent of acquiring MICA Token. This White Paper does not constitute an offer to sell or a solicitation of an offer to buy a security in any jurisdiction in which it is unlawful to make such an offer or solicitation. The MICA Token can be categorized as security as it entitles Token holders to receive the profits from the investment process. The MICA ICO is compliant with the rules of all affected jurisdictions and any remaining ones due to financial restraints will be handled after the ICO completes. All relevant legal information is contained in the Token Purchase Terms and the Token Purchase Agreement. Certain statements, estimates and financial information contained herein constitute forward-looking statements or information. Such forward-looking statements or information concerned are known and unknown risks, which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements. This English-language White Paper is the primary official source of information about the MICA Token. The information contained herein may be translated into other languages from time to time or may be used in the course of written or verbal communications with existing and prospective community members, partners, etc. In the course of a translation or communication like this, some of the information contained in this paper may be lost, corrupted or misrepresented. In the event of any conflicts or inconsistencies between such translations and communications and this official Englishlanguage White Paper, the provisions of the original English-language document shall prevail.
3 1.0 ABSTRACT In this paper, we gift transparent substance MICA, a universal platform for providing small project listing and launching and for connecting developers, designers, marketers, writers and every one ICO service suppliers to potential clients in a fast and secure manner thereby announcing their services and making them easily reachable for project owners. The cryptocurrency scheme keeps evolving and its arras of applications are growing quickly, there are a lot of areas and sectors which digital currency is being implemented and the areas of application keep growing daily. The MICA platform iѕ building аn Eco system that is designed tо gather most projects of interest within microcap market in one platform to be easily searchable by investors, so they will follow ICOs and create choices while not missing out. The whitepaper describes how the microcap list platform provides a wide range of services to suit different user needs on a single platform. Airdrop listing, event listing, scam alert, ranking and marketcap trailing are extra services provided by Microcaplist platform.
4 2.0 OVERVIEW In view of the revolutionary technologies within the rising field of cryptocurrency, entrepreneurs of microprojects are building blockchains, launching smart contracts, developing distributed autonomous organizations, and widely finding ways that make their ideas more distributed. We want to bridge the gap between these technologies and those who will support more. The goal of MICA is to offer a safe, easy and informative listing platform for people seeking to buy in this new world of investments. MICA is additionally designed to attach cryptocurrency enthusiasts, developers, designers, marketers, writers, ICO service providers and investors together. MICA provides advanced ratings and analyses models, serving investors to sort out the overwhelming amount of upcoming ICOs and only find the most profitable and promising ones. It conjointly functions as associate ICO rating and listing platform that is supported by a variety of selfverified specialists of crypto and on the fare side thereby maintaining a comprehensive list of active and upcoming Initial Coin Offerings. Being in close cooperation with the specialists, the MICA platform aims to develop clear assessment standards for projects and assign ratings based on a transparent and standardized scale. An unbiased analysis of a project (the technical options of its platform, the business model, the core team, strengths and weaknesses of the decentralized technology, etc) allows the team of experts to objectively evaluate risks and create a complete picture of the project and its potential. MICA conjointly provide checking system to examine new projects foundation, legalization and team reality, once it verified, it will be rated as *trusted ICO to help investors make decisions. The launching of new projects through our platform and serving to promoting and spreading is an additional valuable service for business owners. 2.1 Vision Statement MICA proposes to become a worldwide leader in its market by developing a decentralized platform for the service providers and project owners based on the blockchain technology. 2.2 Mission Statement MICA will be basically at micro project movement by acting as a unique platform offering services needed within its niche with approved services, tools and specialists.
5 2.3 MICA Token Objectives The MICA platform s objectives are to provide high quality services to project entrepreneurs in need of such services and to provide potential clients to service providers and business owners. It allows affordable access for customers to find what they need, right at their fingertips. 3.0 MICA PLATFORM OVERVIEW The platform will allow the community to build trust on the business models, thus providing everyone with a database of qualified and available businesses and projects. The MICA platform provides a stop place where users have quick and easy access to the network of microcap. As a result, it will help the microcap network grow faster and settle down into our lives more easily. Second approach for MICA to supply the microcap sector and cryptocurrency field with specialized and qualified platform for project services. MICA will support two different domains, the first is MICROCAPLIST domain that provide all listing services mainly designed to help investors and projects, the second is MICALIST domain that support projects by connecting developers, designers, promoters and other blockchain and ICO services. 3.1 MICROCAPLIST platform features ICO list: MICA provide universal platform offering advanced listing for all upcoming, running and ended ICOs within a single application. Investor can evaluate new projects using MICA rating system running by trusted experts, to get invest decision easier than before. Investor will not miss any good project on the run and can follow the progress of all ICOs at unique MICA platform. Airdrop list: MICA provide advanced listing of all airdrops and bounty campaigns, so investor can surf and join most running campaigns using MICA platform. Event list: MICA provide listing for running and upcoming events of microcaps, like token burn, buyback, partnership, exchange listing, etc. however investors access all good news at the microcap market through unique platform allowing for investors to stand off on to where their investment can go. Now microcap news and events are accessible through one place while microcap industry expand by time and became more difficult to track all from different sources. Micromarketcap: MICA provide track of microcap projects on exchanges allowing users to check the progress of their favorite tokens and minimize checking numbers on different exchanges. Scam alert: MICA help users to get alarmed about scam possibilities or already detected either during the token sale or even after listing on exchanges using our expert rating or other out resources inside the market.
6 Marketing campaigns: While MICA platform captures microcap niche connecting investors, business owners and service providers, MICA will be the best option for new ICOs to run advanced marketing campaign through our growing community and social media. Staying up to date: MICA platform will support notification and alarm service conducting through mail and app notification for new listing and events and other services. Exchange listing services: MICA platform will provide exchange listing services faster than regular and in discount fees as an exchange mediator or agent. 3.2 MICALIST platform features Advanced categorization: MICA provide advanced and specialized categorization for blockchain and ICO services which not covered at the current freelancer listing platforms. Two factor authentication: Users can be enabled for mobile based authentication to secure their accounts. Multi-payment options: Buyer can be enabled to pay using cryptocurrencies (Bitcoin, Ethereum or MICA), Or using Paypal. Reduced commission fee: Commission fee will be reduced when Buyer choose MICA to pay for services. Multi-signature escrow service: Crypto escrow will be enabled for buyers to protect from fraudulent. Trusted account: It make both parties Buyer/Seller to have a trusted feel to have a business. Review and rating system: To enable searching services based on expert level. Dispute resolution: Dispute can be opened by buyer if seller does not release service. Geolocation technology: Find experts nearby using geolocation technology. Mobile App: To improve user experience while using the platform.
7 4.0 MICALIST PLATFORM 4.1 Study of blockchain freelance market The blockchain industry has grown tremendously over the past two years in lockstep with the cryptocurrency industry. Alongside with the expand spreading of microcap projects. The microcap gets its attention by providing a competitor prices to investors decreasing lose states and introducing real projects to be done on the near time frame. That bring the need to providing special platform to assist microproject investors in particular and any project in general to get their target and connect the real experts to help running their ICOs and projects. The idea of MICALIST platform is arisen to help such investors. At the past two years the freelance industry for blockchain services have been increased on account for other service, that pointing the high demand for flexible and more platforms providing blockchain and ICO services. 4.2 The current platforms overview While there is many platforms providing experts in some ICO or blockchain services, there is three main gaps, at least one gap user can find at any platform, First : there is no special listing for such services, some users can surf special service like advising service, whitepaper writing, marketing campaigns or smart contract developing with no result. Second: another gap is the lack of crypto payment that is at many cases reduce time and fees since most crypto investors mainly depend on cryptocurrency at their payments. Third : some platforms providing services with crypto payments lack escrow system within their platforms. Forth: platforms providing crypto payment with escrow system does not protect agaist price volatility, so seller can finally receive payment worth less than the value he agreed at first. 4.3 MICALIST provide advanced solution By analyzing the current state and market, MICALIST addresses the need for special and advanced features for categorization services and payment system. These features includes specialized listing for ICO and blockchain services, fiat and crypto payments, escrow system with crypto volatility protection. These can help investors to get needed works done faster and affordably.
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11 4.5 What is Escrow? An escrow is a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties, or an account established by a broker for holding funds on behalf of the broker's principal or some other person until the consummation or termination of a transaction or, a trust account held in the borrower's name to pay obligations. We can also say that an escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company. 4.6 How MICALIST escrow work with crypto fluctuation protection? 1- MICALIST provide cryptocurrency payment gateway with built in escrow for (BTC, ETH, USDT, MICA and FIAT). 2- When Buyer pay by cryptocurrency for a service, the amount is converted to USDT at the real time and held in the platform wallet, when the service is delivered, fee is released to the seller in USDT minus the fee of the platform, and the fee is converted at real time into MICA token. 3- In case the service not delivered, USDT is refunded totally to the buyer wallet on the platform. 4- Zero fee will be applied for the buyer when use to pay in the platform wallet on this case. 5- Regular escrow for FIAT payment through paypal or visa will be integrated.
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14 5.0 MICA TOKEN OVERVIEW The blockchain community will use our services with MICA Token, a utility token that can be used as payment for all offered services. MICA Token is based on the Ethereum Blockchain system and is going to utilize ERC-20 for its tokens. Ethereum is the preferred option because it is flexible while coding thus it is easier to build our token on it. Ethereum solidity language will be used in this case to code our smart contracts to make it easier and to give broader options and conditions to be built into the system. 5.1 MICA Token added value function Mica platform were designed to get revenue represented in MICA token through many paid features: ICO listing feature Airdrop and bounty campaign features Exchange listing service Commission fees on MICALIST platform Marketing service feature While MICA platform is designed to have high return revenue providing its services and in order for the MICA token to be widely added in value, it will offer a solution that is flexible enough to get holders and traders more value to their tokens. The regular and continuous burning of tokens is the addition plan to lower circulation by time, altogether with the high demand, the price will go up eventually. MICA tokens will be burnt regularly on monthly basis, until circulation reduced to 5billion in number, that will enrich massively token holders and traders. When buyer pay in crypto for a service through MICALIST platform, the service fee will be converted into MICA token, with 50% of tokens burnt monthly. That will decrease supply by time in fast rate to breed higher value.
15 When buyer pay in MICA token for a service through MICALIST platform, 50% fee discount will be applied for the buyer. Furthermore, when seller pay in MICA token for a service through MICALIST platform, 50% fee discount will be applied for the seller. That will foster buyers to choose MICA token as a payment method and hence more need for tokens. The elevated need can convoy higher value. 25% of fiat total revenue obtained monthly by MICALIST platform will be used for token buyback, the tokens collected will be burnt. All services on Microcaplist platform is paid in MICA token, 50% of MICA token paid will be burnt on monthly basis. MICA platforms services and competition with the market can be the greater value for MICA token. 5.2 Benefits for MICA Token holders Token hloders can benefit from their holdings through many ways, they can use tokens for paying services on our platforms, they can trade them on exchanges and they can benefit from constant circulating decrease designed by our burning strategy.
16 6.0 DEVELOPMENT STRATEGY 6.1 Token details TOKEN NAME MICA TOKEN TOKEN SYMBBOL MICA DECIMAL 18 TOKEN FOR SALE 50,000,000,000 TOKEN PRICE 1ETH = 50,000,000 90,000,000 MICA MAXIMUM SUPPLY 65,000,000,000 BURN FUNCTION YES TOKEN TYPE UTILITY TOKEN TOKEN SALE START FEBRUARY 2019 TOKEN SALE END MARCH 2019 WHO CANNOT PARTICIPATE USA CANADA
17 6.2 Token sale 6.3 How to buy MICA token Ensure you have at least 0.01 ETH plus GAS fee in your ERC-20 Supported Wallet (Not From Exchange). Set GAS = 100,000, GWEI or check https://ethgasstation.info transaction. for every new Send ETH only to this contract address: 0x4835916193a4043253Dea8FC6B2Dfa520B158452 MICA will be sent automatically to your wallet Check detail transaction here: https://etherscan.io/address/0x1ebe671c915f1f8337d0dc50cecc4b9cfd4f1a9e
18 6.4 Token allocation
19 7.0 ROAD MAP
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21 8.0 TEAM CEO and Blochchain developer COO and Market manager A. Said M. Mansor Experienced Blockchain developer with a demonstrated experience of working in Web Development and Security, that led to help projects at different companies. The main focus and interest now to support good quality projects with real benefits through MICA platforms and to build a community of trust and coordination. Leading market maker specialist, trading/risk management, high frequency trading, are at advance. The second profession is web management and programming, with good contribution in works related to large projects. The main role in MICA project is as a market enhancer, strategic planner and web manager.
22 CEO and Blochchain developer COO and Market manager Y. Fahim H. Soror High experience in Web design, UI and motion graphic specially in the field of blockchain, I have invested in many projects and have a good knowledge of market analysis related to cryptocurrencies. I am happy to be part of MICA project. Marketing and social media manager with a demonstrated work at the field of blockchain helping many projects to disperse and reach out in a good planned route.