Medium of exchange

Building a financial ecosystem, an Indexed security token

Retrieved on: 
Wednesday, June 28, 2023

REYKJAVÍK, Iceland, June 28, 2023 /PRNewswire/ -- MyntExchange is a blockchain based exchange platform that focuses on offering tokenized securities. MyntPay is the native currency of the platform, and it serves as a medium of exchange and unit of accounting for all security tokens listed on the exchange. MyntCoin, on the other hand, is an indexed fund token that tracks the value of all security tokens listed on the exchange.

Key Points: 
  • MyntCoin, on the other hand, is an indexed fund token that tracks the value of all security tokens listed on the exchange.
  • MyntExchange is at the forefront of this trend, offering businesses the opportunity to tokenize their assets and raise capital through the sale of asset-backed security tokens.
  • MyntPay is the utility token of the MyntExchange and, as the life blood of the MyntEcosystem, has several different use cases.
  • Companies listing on the MyntExchange platform agree to swap 2% of securities to be tokenized in an exchange for MyntCoin the Indexed fund security token with 20% load on Myntcoin's value in this one time Swap.

Building a financial ecosystem, an Indexed security token

Retrieved on: 
Wednesday, June 28, 2023

REYKJAVÍK, Iceland, June 28, 2023 /PRNewswire/ -- MyntExchange is a blockchain based exchange platform that focuses on offering tokenized securities. MyntPay is the native currency of the platform, and it serves as a medium of exchange and unit of accounting for all security tokens listed on the exchange. MyntCoin, on the other hand, is an indexed fund token that tracks the value of all security tokens listed on the exchange.

Key Points: 
  • MyntCoin, on the other hand, is an indexed fund token that tracks the value of all security tokens listed on the exchange.
  • MyntExchange is at the forefront of this trend, offering businesses the opportunity to tokenize their assets and raise capital through the sale of asset-backed security tokens.
  • MyntPay is the utility token of the MyntExchange and, as the life blood of the MyntEcosystem, has several different use cases.
  • Companies listing on the MyntExchange platform agree to swap 2% of securities to be tokenized in an exchange for MyntCoin the Indexed fund security token with 20% load on Myntcoin's value in this one time Swap.

Webtel.mobi Reveals How Its System Replicates and Improves the Entire Global Financial System, and Why It Has No Competitors

Retrieved on: 
Monday, November 1, 2021

Another example of a System albeit a severely fractured and disparate system in terms of components is the existing Legacy Global Financial System.

Key Points: 
  • Another example of a System albeit a severely fractured and disparate system in terms of components is the existing Legacy Global Financial System.
  • WMs System is a Global Telecommunications and Financial System not a single product or service.
  • WMs System has within it all components of an entire Global Financial System, and every transaction type that exists in respect of such a system.
  • the WM system represents and provides virtually all capacities (and/or the ability to replicate virtually all capacities) of the existing global financial system.