The MOAC Foundation is comprised of cross-industry and multicultural blockchain leaders from finance, digital media, software, and emerging tech markets. The founder and chairman, Sha Zhou, has extensive technical and managerial experiences in computer, communication and data networking industries. Sha has led and backed multiple high-tech companies, focusing on block- chain, VR/AR, robotic engineer, and autopi- lot technology. The portfolio companies that Sha invested and manages include Jingtum Tech, Outpost, Tersus, Wellwit Robotics,etc.
The MOAC platform is amulti-blockchain [LZ-SS1] software and deployment service solution for rapid development of decentralized applications (DApps) and smart contracts on a scalable P2P service network. By using an advanced layered architecture for asynchronous smart contracts and a variety of configurable consensus systems (including "proof of work" and "proof of stake"), the MOAC platform enhances existing DApps with additional functionality and scalability solutions.
There are three main ways to interact with MOAC:
MicroChain Mining- The upper layer of the MOAC platform where a node verifies transactions for smart contracts and other consensus systems. Mining for MicroChains will be rewarded with MOAC tokens and tokens associated with that specific MicroChain.
In addition, MOAC is working with the developer community to develop multiple open source web and desktop wallets which will work on platforms such as Windows, Mac, iOS, and Android.
Part of the reward from new blocks goes towards the development of MOAC to ensure that it will continue to meet the needs of the community in the years to come. The following are some of the features planned during next two years:
The MOAC coins in circulation come from two sources: initial 150 million and mining rewards of the MOAC blockchain. The initial 150 million MOAC coins are distributed as the following: 75 million is used for ICO, 15 million is used for MOAC foundation, 15 million for the team, and 45 million is reserved for development cost. The mining rewards is generated in each block and distributed to the miners. The value of each MOAC coin ﬂuctuates daily, and can be found atCoinMarketcap.com.
At the core of the MOAC platform are the users that power it, the developers who create DApps, the end-users who use those DApps, and the miners and node operators who keep the network running smoothly.
Through decentralized processes, people with different ideas, goals, and opinions can help shape the future. You will likely have some questions, so come join the growing community where you can connect with developers and other users and get answers. The team stays actively engaged with their communities on Telegram, Facebook, Twitter, and other social media platforms.