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White Paper

MykosCoin is a coin created to serve the interest of virtual stock market game users within 3d virtual worlds. The coin will facilitate token trade as well between virtual worlds. If you have a MykosCoin you will be able to exchange it at several locations amongst open sims and Second Life. It`s a bigger part of the Mykos Corporation that owned and operated the "GridWide" virtual stock game. It also operated as a part of a conglomerate under a media and advertising company. The MykosCoin will serve to exchange a variety of tokens between 3d virtual worlds for a fee. MykosCoin will be backed by the Mykos Corp virtual world business enterprises. It will also hold bitcoins, steem and sbd as well as linden dollars. History of Mykos Corporation The Mykos Corporation began as an advertising and media company within the virtual world of Second Life. It transistioned into a holding company. Mykos Corporation formed a stock exchange within virtual worlds. Virtual Worlds have had a long history of stock exchange failure. Stock Market discontinued due to problems in stability of the site and security issues.

 

Mykos Corp aims to use this coin to address a specific problem for users within virtual worlds who hold value within stock exchanges with no viable solution to facilitate liquidity and trade of "their" virtual company ownership. Solution Due to blockchain technology Mykos Corp now has a way through a payment processor and transfer system to move value of inworld ownership into MykosCoin. The use of this technology is already available to itself and users. They will only need to sign up and open a free account with https://www.proofsuite.com/ Reasons People Will Use MykosCoin People will use MykosCoin due to equity already existing in Mykos Corp, as their exist no stock exchange in virtual worlds to trade on. There equity will be generated from the coins themselves. This will work as when the coins were first issued. 100 million coins were issued specifically to Mykos Corp.

 

Those coins priced at $.01. We plan to raise $500k.. Expansion into virtual worlds for currency exchange and as well as cryptocurrency. The coins will be issued to all Mykos Corp account holders based on their last equity stake position in Mykos Corp. Other virtual stock market users within virtual spaces will be awarded coins for setting up accounts with us matching their last equity positions in their perspective companies. So MykosCoin will be issued to all account holders of virtual stock market exchanges within the virtual world of Second Life. This will serve as good marketing to encourage them to trade the coin as well as support use of the coin. We believe this will serve a good move as over 20k accounts have been accounted for of speculators within the virtual world. Generating Value To MykosCoin We believe generating good value to MykosCoin unlike other coins will be quite easily. Mykos Corp main function has been that of a media company. So we intend inworld and outworld to promote the coin intensely. Also because MykosCoin is part of the advertising world. Cryptocurrencies like Steemit which pay end users to create blogpost and media serves as a great earning potential for MykosCoin. Steemit has quickly grown to one of the premier cryptocurrenices. Predicted to one day even be a great competitor to facebook.

 

Steemit needs and pays for advertising campaigns with upvotes. We plan to be a big supporter and buyer in steem power which acts like a bond. As well as be paid in upvotes for running dozens of marketing campaigns for steemit on our networks and collecting large amounts of cash from the network. To better understand how we'd accomplish this see: steemit.com MykosCoin will also speculate in bitcoins as well as generate money and equity from advertising inworld and outworld as well as, for portfolios of other cryptocurrencies we hold. Due to setups like wallets and backpages of steemit. Investors in our coin will experience almost total transparency to see what money we take in and withdraw. A great portion of earnings will be used to buy MykosCoin dollars.

Mining

: MykosCoin works on a proof of stake model to earn coins.  Simply post great

comments about the site and use of the site. Tell us what you'd like to be able to

use the site for. Each star you receive on a comment equals 1 MykosCoin.

You may receive up to 5 stars or 5 coins per post. At the present time there is 

no posting limit. MykosCoin can also be obtained by registering at:

http://www.points2shop.com?ref=mykos27. Also at: http://qm.ee/B7516360

No money is required just register an account and verify your email. Portions of

coins generated back to MykosCoin through mining. Will be used to buy back

MykosCoin to contribute to the health and stability of the coin as well as

providing stability for the coin. For more details read the white paper on mining.

https://mykosonai.wixsite.com/mykcorp/clients

The MykosCoin can be seen as a type of hybrid between how coins are mined.

Large equipment to mine coins and the energy needed. These things have been

seen as not only a very impractical approach to the mining of coins. It has also 

been seen as an issue for the environment. This is why we have opted to use

a system well feel that addresses the issue through proof of stake. The MykosCoin

doesn't require investment into the coin. It is designed to generate money.

Through activities through it's design such as google adsense use of activity

on the site. Activities in virtual worlds as well as activities in sites like Steemit.

A good portion of monies generated will be used to purchase back MykosCoin.

This is how miners will be paid and value placed into the coin.

 

This is not to serve the fuction of some "pump and dump" behavior. This instead will serve more of an idea like a dividend payout as well as creating a stable and liquid market for MykosCoin. MykosCoin has an existing market already. This ICO serves the purpose to expand MykosCoin even further and solve inworld problems. However, it presents a great situation for cryptocurrency investors unlike any seen before. MykosCoin will not act in the capacity of competitor with other major coins. MykosCoin will moreso serve in a type of symbiotic relationship. Joined at the hip with coins like steem and bitcoins. AS the value of these coins increase so will MykosCoin. Feel free to email for specific questions at meelyoo.biz@gmail.com

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