Platinum
Mit-Ra (MTA) ICO

Mit-Ra (MTA)
Verified ICO

The Mit-Ra Knowledge Base Industries is the first creative project of the United Health Group in the area of converting Non-drinkable water into fresh water.

ICO Ended
2018-06-26 - 2018-09-30
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About Mit-RA

Why Blockchain

The quality and quantity of water soluble in all parts of the Earth is different. We use Blockchain technology to process and analyze the water type and the waste polluted water instantaneously and the percentage of addition of the substances and minerals needed for each type of water. Base on the ISO14046:2014 standards. Also, the output volume graph of the distribution system will be instantaneously analyzed on the Blockchain network. Ai-Mit (Intelligent software)Ai-Mit (running on a LINUX kernel) is a unique and exclusive software developed by the Technical team at the University of Georgia to analyze and evaluate the quality of treated water at any of the Mit-Ra sites. The temperature sensor, conductivity, chlorine measure, turbidity, dissolved oxygen and PH sensors value are automatically calculated at the completion of every water treatment batch.

Project Profitability

According to World Trade Organization, water trade in the next 20 years will be among the world’s 5 most profitable businesses. We created 350 million tokens. Corresponding to a widely accepted standard, ERC20. After the ICO, no coins will be issued, so any inflation is ruled out. The token will use a smart contract written in the Solidity language. According to the business plan and sales strategy and advertising system, MTA token will increase more than 5000% in less than 2 years. Investing in Mit-ra Industries will shortly raise your capital by 50 times.

 

Expert Review

 

New ICO Seeks to Solve Global Water Crisis Through Cryptocurrency

 

Mit-Ra (MTA)–While cryptocurrency, particularly the field of initial coin offerings (ICOs), has developed a bad reputation for being profit-driven, with utility hard to come by, new ICO Mit-Ra seeks to combine the ingenuity of cryptocurrency in solving the world’s water crisis.

Through the token MTA, Mit-Ra is relying upon the investment process established through other cryptocurrency ICOs to raise the funds necessary to tackle what is becoming a global need: a shortage of clean water as the population, particularly in developing countries, continues to grow exponentially.

 

As the ICO website states:

 

“The water crisis is not a joke. Only 2.5% of the Earth’s surface water is drinkable. About two-thirds of that water is locked up in the Arctic ice and is unavailable…the most important concern by 2030 is the crisis of drought and water shortage.”

 

The site goes on to give statistics related to the global water supply shortage, stating that 1.8 billion people are in need of drinking water, in addition to seven countries currently stuck in the peril of a “water crisis.”

 

In all, this has provided the backdrop for not only an ambitious undertaking, using the innovation of blockchain and cryptocurrency to solve world problems, but one that could potentially be lucrative to the investment base–if implemented correctly–in addition to making a positive humanitarian impact upon the globe.

 

Based out of the United Arab Emirates (UAB), Mit-Ra is “the first creative project of the United Health Group in the area of converting non-drinkable water into fresh water.” The team behind the ICO has been working together since August 2015, devising forward thinking solutions that combine investment profitability while still tackling some of the world’s most pressing issues. While the team’s stated goal is to launch freshwater refinement in over 700 cities around the world, the developers are looking to blockchain and cryptocurrency to drive the next wave of innovation.

 

Specifically, the team intends to use blockchain as a way to process, analyze, and track the variations in water around the globe, ranging from particulate levels to quality and quantity. The focus is on providing the highest quality, consistent freshwater regardless of the region’s access to resources–an undertaking that could stave off a looming disaster if global water shortage reaches epidemic proportions.

 

Driving the project is what the developers describe as “Ai-Mit”, a software created by the team based out of the University of Georgia to “analyze and evaluate the quality of treated water at any of the Mitra sites. Ai-Mit is used as the core controller running on a LINUX kernel.” Buying into the MTA ICO is essentially investing in the future development of freshwater treatment sites. The team states that each location will cost, on average, $2 million to launch and get running, with ICO funds presumably being put towards the cost of development.

 

Investors can buy into the Mit-Ra ICO at a cost of 0.1 USD per MTA coin, which is being built as an ERC-20, Ethereum-based token. Mit-Ra anticipates that the development of freshwater plants will bring a profit to ICO investors, outside of selling the coins through speculation on exchanges. They state,

 

“According the corporate finance policy, 10% of annual profit will be shared between investors who have invested in the ICO stage.”

 

While the landscape of promising profits through coin ownership is a murky one at best, particularly given the fall-out and lawsuits surrounding the Bitconnect pyramid scheme, Mit-Ra is hoping their real world presence in the form of freshwater treatment plants will provide a legitimacy to their currency. Mit-Ra, as a later generation ICO, could be apart of the wave of coming cryptocurrencies that seeks to combine investment opportunity with the chance to make a real impact on the world. The entire industry of cryptocurrency would benefit from a more pronounced real-world presence, in addition to proving blockchain and crypto feasible in solving genuine, global issues.

 



Token Symbol: MTA

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