MobileGo MGO to IOTA MIOTA Exchange

Crypto Pair Details: MGO to MIOTA

MobileGo MGO

MobileGo (MGO) is a smart token set to herald a new era in the gaming industry. It is intended to gamify the Esport platform and incentivize gamers for loyalty and participation through rewards. Also, we are continuously working on expanding our geographical presence, forming new partnerships with world’s top gaming companies. Our ultimate goal is to make MGO a truly global token, traversing geographical borders and making games available to everyone. The MGO token has an extremely broad scope of application, providing numerous benefits for different populations. For gamers, it will facilitate peer-to-peer matchplay and decentralized tournaments, serving both as a match reward and an entrance fee. Moreover, token holders will be able to earn additional discounts for purchasing in-game content. Game publishers can get paid in MGO, which has different advantages over fiat money, including the speed of processing payment requests. For crypto enthusiasts, it is an extremely valuable investment: With a $50 billion mobile market and around 1K games being registered on platforms like Google Play and Apple every day, acquiring just a fraction of market penetration results in large revenues.

IOTA MIOTA

IOTA is a distributed ledger for the Internet of Things. The first ledger with microtransactions without fees as well as secure data transfer. Quantum proof. IOTA is a ground breaking new open-source distributed ledger that does not use a blockchain. Its innovative new quantum-proof protocol, known as the Tangle, gives rise to unique new features like zero fees, infinite scalability, fast transactions, secure data transfer and many others. IOTA is initially focused on serving as the backbone of the Internet-of-Things (IoT). IOTA is a cryptocurrency that has no transaction fees and requires no miners in order to process transactions. It does, however, require some computational power to submit a transaction, making it perfect for machines to use as a currency and distributed communication protocol for the Internet of Things “IoT”. The main purpose of IOTA is to solve some of the major problems with Blockchain technology, the main one being that the bigger the Blockchain (such as Bitcoin), the slower, more expensive, and also more restricting it is to actually transfer funds. Another issue with the Blockchain is size, as more and more Blocks are added, the longer the Blockchain gets, and therefore the less amount of computers are able to mine it. Right now BTC is over 150GB long, and so is ETH. If this size increased tenfold, very few computers would be able to mine it at all. Making them relatively centralized (the top 2 Bitcoin mining pools own about 56% of hashing power).

SOURCE: COINGECKO

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