Build and Invest in the Internet of the Future TOGETHER
Web 3.0 tokens are essential to a decentralized internet. This is because interacting with the blockchain costs GAS fees. In exchange for owning your own data, MPAE will include a minuscule payment method named MEPI.
MEPI is a fungible ESDT Utility token running on the Elrond blockchain. It acts as token for MeetPlace SDApp clusters and as far as the speed of transactions is concerned it is as fast as the Elrond blockchain native token, eGLD. MEPI has a low transaction cost and fully benefits from all the advantages eGLD tokens and Elrond block-chain have in comparison to other blockchains.
The MEPI token is designed to develop the MPAE AI and to reward participants such as machine learning developers, experts, volunteers and researchers, computing power and data providers. The MEPI will/can be used for
There are wonderful 365 days in a year, that’s why we at MeetPlace decided to give each of these inherently unique days a certain value. Each day is worth one million MEPI and the more our ecosystem grows, the more the day will gain in value. Just as our annual time is limited, so of course is our token. There will never be more than 365 million tokens. Each of these tokens will keep our ecosystem running and each of these tokens, will ensure that we have more protection and more time. Thus, every single day will be special, because in every single day, the MEPI tokens will ensure that we have more of this unique resource of life for us, our time
200 million MEPI tokens will allocated as following while the remainder 165M MEPI will exclusively be used as rewards for the staking programs and incentives for the community. They will be secured through a Smart Contract so that everything remains transparent and clear for our supporters.
MeetPlace intends to allocate the yokens in the following manner:
MeetPlace intends to allocate the funds in the following manner:
1 May 2022
1 AUGUST 2022
Please send me an invitation for the private sales
The attentive reader will be satisfied soon. MEPI tokens are locked by smart contract in order to ensure our contributors that MeetPlace has the best intention and maintains a long-term vision for the project. Locking of the token prevents a deflation of the MEPI before MeetPlace is able to circulate the MEPI within the MPAE AI and so creating the functionality. These tokens are secured via smart contract and will be unlocked after TGE.
In this period where the MEPI are lured, you as investors have accordingly an additional advantage, because we offer you for this whole period an APR of 25% on all of your tokens. Immediately after a token is free again, you have the chance to stake it at an APR of 15%. This APR of 15% is guaranteed for another year. To ensure this flow, these APRs and the liquidity of the ecosystem, the remaining 165 million MEPI will be used. The earned tokes will be released on monthly base for free customer usage.
After the promised staking periods MELAE will adapt the APR according following formula: APR = 1 – (Max Token MEPI – remaining Free Token MEPI)/(Max Token MEPI)
But that was not enough for us, in addition to these benefits, there will also be a Reward Token “rMEPI”. You can neither buy nor sell this token, so it is a kind of governance token, which you just could earn by staking, by actively participating in the community. To get these rewards, you have staked at least one month.
Following formula explain the math behind.
My Earn rMEPI = Earned MEPI from Staking MEPI /100
With the help of this reward token, you will get surprises, which we won’t tell you here, because otherwise they won’t be surprises anymore. But what we can tell you is the fact that with these Reward Tokens, you can enable certain features and co-decide where the journey of the ecosystem and our SDApps should go in the future. Regarding the Rewards Tokens: again, nothing is left to chance. There will be 56 million rMEPI available. The number is not an arbitrary number, but corresponds to a combination of two special magic numbers.
The number 7 is the number that appears in many relevant circumstances. There are seven oceans, seven stars, seven wonders of the world, seven days in a week. It is therefore also considered a magic number and within numerology it is a symbol of higher perfection, knowledge and spirituality. In spiritual circles, the number 8 is particularly crucial. After all, it reminds us of the infinity sign when we mentally tilt the number to the side. It is thus a symbol of beginning and end, trust and permanence.
The multiplication of these special numbers results in 56. We now also put the finishing touches on this number and increase the magical resonance by igniting it a million times.
Of course, it is not the magic of numbers that keeps our ecosystem running, but also a clear reasonable mathematics that brings everything in line. What we have done also here differently than others, is the fact that we have unfolded first the magic of the numbers and based on this constellation we have defined also the basis of a reasonable mathematics and not the other way around. It is always a question of perspective and a question of hidden beauty. That’s why we are happy that also in this context we have brought together the beautiful, the mystical and the reality in a clearly definable way.
Information about the Future
VG1110 British Virgin Islands
Siemser Mühlenweg 78
Last Updated: 22 September 2021
Information and/or Personal Data which may be collected, stored, processed, transferred, used and disclosed by the Company includes but is not limited to information and/or data that can be used on its own or with other information to, directly or indirectly, identify, contact, or locate a single person, or to identify an individual in context.
The Company, as Controller, shall adhere to the GDPR principles as stipulated in Article 5(2) of the GDPR where the “Controller shall be responsible for, and be able to demonstrate, compliance with the principles.” The Personal Data must be processed fairly and lawfully; be obtained only for specific and lawful matters; be adequate and up to date; not to be held for any longer than necessary; and be protected in appropriate ways.
The Company shall be accountable and must disclose information held to the Data Subject when requested and shall not transfer Personal Data outside of the European Economic Area (EEA), unless that country or territory also ensures an “adequate” level of protection. The Processing of Data must be carried out in accordance with the rights of the Data Subjects.
Information provided by the Participant: when acquiring, holding and/or using the Token, using the Services, subscribing to the Company’s updates, responding to a survey or when filling enquiry forms on the Website and when corresponding by phone, e-mail or other communication services, you may be asked to provide certain information. The information may include Personal Data such as name, address, e-mail address, phone number, financial and/or credit card information, cryptocurrency address, personal description, ID or Passport copy, date of birth, passport number, or other data which can be used for personal identification purposes and required for ‘know your customer’ that may be required to comply with applicable laws.
Information, collected automatically by the Company: on each visit to the Website, the Company will automatically collect the following:
– technical information, including the Internet protocol (IP) address used to connect your computer to the Internet, the User login information, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform; information about the visits, including the full Uniform Resource Locators (URL), clickstream to, through and from the Website (including date and time), products viewed or searched for, page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page, and any phone number used to call our customer service number.
– information may be collected by cookies and other tracking. Cookies are small data files that are stored on your device when visiting a website, which enable the Company to collect information about your device identifiers, web browsers used to access the Services, pages or features viewed, time spent on pages, mobile app performance and links clicked. Web beacons (or pixel tags) are electronic images that may be used to help deliver cookies, count website visits, understand usage and determine the effectiveness of email marketing campaigns. Participants are advised that if they wish to deny the use and saving of cookies from this Website on their computer’s hard drive they should take necessary steps within their web browsers security settings to block all cookies from this Website.
Information, which is received from third-parties: this includes, but is not limited to the Company partners, sub-contractors in technical, payment services, advertising networks, search information providers, credit reference agencies, or other third parties who may provide information, for the purpose of fulfilling the Services or to comply with legal requirements. The Company shall endeavour that these third parties are to provide the same level of data protection and that they shall only carry out their contractual obligations towards the Company or upon the instructions of the Company and not for any other purposes.
In case of using a location-enabled device: the Company may collect location data or use various means to determine the location.
The Company may use your Personal Data when acquiring, holding and/or using the Token, to supply you with the Services required, to bill you and to contact you when required. The Company may also analyse the Personal Data provided to help in administering, supporting and improving the business, as per the following ways:
Your Personal Data may be processed only if you have unambiguously given your consent or, the processing is necessary for the performance of the Services you request or, for compliance with legal obligations as in the case of Anti Money Laundering and Terrorist Financing Regulations (AML/TF) or, pursuant the public interest or, requested in the exercise of official authority vested in the Company or a third party with whom the Personal Data is disclosed except where such interest is overridden by the interest to protect the fundamental justifys and freedoms that arise from the justify of privacy.
As an individual you may exercise your justify to access your Personal Data held about you by the Company by submitting your request in writing to the following email address: firstname.lastname@example.org
The Company shall at your request immediately rectify, block or erase your Personal Data that has not been processed according to the GDPR and Data Protection Act or processed unlawfully and where applicable proceed with notifying any third party about the measures undertaken. Although all reasonable efforts will be made to keep your information updated, you are kindly requested to inform us of any change referring to the Personal Data held by this Company. In any case if you consider that certain information about you is inaccurate, you may request rectification of such data.
Provided that no such notification shall be implemented if it is shown to be impossible or it will entail a disproportionate effort on the part of the Company.
You have the justify to receive, upon request, a copy of the Personal Data that you have provided to the Company in a structured, commonly used and machine-readable format and to transmit such data to another controller, for free. The Company shall endeavour to ensure that such requests are processed within one month for free, subject that this request is not excessive and does not affect the justifys of other individuals’ Personal Data.
Upon request, you have the justify to have your Personal Data erased by the Company. The Company acting reasonably will take all necessary actions (including technical measures) to inform third-party data Processors to comply with the request unless your Personal Data needs to be retained to comply with legal obligations or court orders.
The Company shall provide its Users with user support through an online chat with an agent. Username and email address shall be necessary to sign up for online chat. The data collected in this manner shall be processed exclusively for the purpose of providing user support.
The Company may share the Participants’ data with others as follows:
At any point in time, you shall retain all rights to your data.
The Company protects information collected using physical, technical, and administrative security measures to reduce the risks of disclosure, unlawful processing, accidental loss, destruction, damage and unauthorized access. Should a security breach occur, the Company will use reasonable endeavors to try to fix it.
When sharing the Website, Services or other Company’s information on social websites, this will enable the sharing of information with your contacts or the public, depending on the settings you establish with the entity that provides the social sharing feature. Service links to third party websites may be made available to you, and that are not owned or controlled by the Company. Please be aware that the Company is not responsible for the privacy practices of such websites. For more information about the purpose and scope of data collection and processing in connection with social sharing features and links to third party websites, the Company encourages you to visit the privacy policies of the entities that provide these features.
Furthermore, you are advised to conduct yourself appropriately when engaging with the Company on social media or when sharing the Website, Services or other Company’s information.
The Company will retain your Personal Data and that of visitors of the Website for a reasonable period or as long as the law requires. The Company will retain your data as long as needed for acquiring, holding or using the Token and/or for the provision of the Services.
When the Company receives requests to dispose of Personal Data records by Data Subjects, the Company shall ensure that these requests are handled within a reasonable time frame. The Company shall keep a record including a log of these requests.
The Company shall also strive in obtaining adequate disposal mechanisms to ensure no Personal Data is leaked outside of the Company.
When the Company learns of a suspected or actual Personal Data breach, the Company shall perform an internal investigation and take appropriate remedial measures in a timely manner. Where there is any risk to the justifys and freedoms of Data Subjects, the Company will notify the relevant Supervisory Authorities without undue delay and, when possible, within 72 hours from when it learns of such breach. Data Subjects will be informed when the Personal Data breach is of a “high” level.
By participating in the Token Offer and/or using the Services, or otherwise providing information to the Company, you consent to the processing and transfer of information in accordance with British Virgin Island law.
You may request the Company to access your information and Personal Data at any time.
This document was updated on 22 September 2021 and is effective from that date.
Contact: +49 451 304 071 04
Building the Internet of the Future
VG1110 British Virgin Islands
Managing Director: Arnold Nyaguly, John Karlsson
Registry court: British Virgin Islands
Register number: 2086546
Siemser Mühlenweg 78
Managing Director: Răzvan Ștefan Tecuceanu
Registry court: Amtsgericht Lübeck
Register number: HRB 17798
VAT number: DE311614492
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