All of Event, For Everyone Happy In the World

  • about MYCE
  • MYCE vision
  • Distribution
  • Technology

Bloom' aims to transform the life commerce market based on organized and stable digital governance by integrating my ecosystem, where countless companies are intertwined, based on a new market that has not been attempted in Korea.

As a space-based on-demand service, we provide verified content and services by providing various event information, so that everyone can enjoy various gatherings anytime, anywhere, and we will increase consumer satisfaction.

In order to be widely used in real life, MYCE tokens are planned to be used by ordinary users who pay for event services with cash or credit cards. In the case of MYCE tokens, their uses and values will become more diverse as the network of operators increases. By enabling the evaluation of the high completeness/safety of product providers (sellers), we want to increase the reliability of users and reflect opinions to create a structure in which both platform service providers (developers) and product providers (sellers) can strive to provide better services.

- United Ceremonia Foundation was established in Singapore to revitalize the stagnant online and offline markets, and developed and created MYCE tokens. (Established date: November 3, 2020)

Untact consumption trends following COVID-19 highlight businesses using digital tech such as online to offline (O2O) and non-face-to-face purchases, and corporate digital transformation has established itself as an essential survival strategy.

The MYCE project aims to establish and service a mechanism to solve problems through coordination and consultation while ensuring the participation of various actors such as individuals (users), companies (sellers), and managers (platforms).

The MYCE project aims to solve this problem by distributing it across the network and allowing participants to jointly record and manage it to prevent problems such as manipulation from a specific object in the above type of system mechanism.

It’s a distributed structure based on "blockchain technology" that reduces fees through transactions without an authorized third party, eliminates the need for a centralized organization or authorized third party to ensure reliability (transparency), and fundamentally blocks all transactions on the central server.

MYCE Token Distribution
Project Name MYCE (MY Ceremonial Event)
Symbol MYCE
Total Supply 10,000,000,000 MYCE
Allocation Marketing & User Incentive 3,000,000,000 30%
Platform Operation 2,000,000,000 20%
Strategic Partnership 2,000,000,000 20%
Team & Advisor 1,000,000,000 10%
Reserve Fund 2,000,000,000 20%
Total 10,000,000,000 100%

Using smart contract systems, in the service process, all nodes first try their best to find the consensus password and receive compensation, and blocks generated by the agreement process through competition are distributed and stored across all nodes, so they cannot be forged or altered later. As a consensus and proof mechanism, the Proof of Stake (PoS) method will be used, and compensation for this will be given as a sidechain-based utility token (BOUT), respectively.

The Ethereum-based blockchain system uses a smart contract method that sets the terms of the transaction, automatically concludes the contract, executes the transaction according to the terms of the transaction, and stores the transaction in the Ethereum blockchain.

Each node that builds and configures a secret voting system based on the blockchain network codes the voting process, writes it as a smart contract, and creates transactions containing smart contracts and stores them in the blockchain. We will provide a secret electronic voting system and method for multiple candidates and voters to code the voting process including the voter registration process using non-interactive zero-knowledge, 1-out-of-k non-interactive zero-knowledge, and fully-explored voting process on the blockchain.

Ecosystem

MYCE

The Bloom platform is a service that provides use MYCE in real-life payment areas.
MYCE becomes a token that proves itself as real goods, not just the value of stake tokens,
and can be used to participate in economic activities in conjunction with utility tokens (BOUT)
and other network blockchain.
Utility tokens are not applications that use non-deposit methods in user asset management,
but when users use MYCE tokens, they are paid according to their economic activities and
governance contributions and exist in the form of major voting rights in making decisions.

MYCE Feature

Side-chain network

The Bloom platform can’ directly interact with external blockchain. To this end, the sidechain network will also play a role in connecting the external blockchain and MYCE to support the supply of liquidity between chains. Utility tokens (BOUT), another sidechain created through the sidechain network, can also be used in the MYCE network.

The form of connecting MYCE networks and external blockchains through sidechain networks takes place in smart contracts, and governance bridges are usually created between both networks. Operators will be in charge of direct communication with other chains based on the verified data.

Utility Token (BOUT)

Utility tokens are sidechains that make it easy to exchange all utility tokens, including MYCE, on the MYCE network, like Uniswap or Balancer, which allows you to freely trade or exchange tokens that exist on Ethereum. Unlike Euniswab and Balancer mentioned earlier, utility tokens are not applications that use non-deposit methods in user asset management, but are paid according to their economic activities, governance contributions, and exist as major voting rights in making decisions.

Trust / Transparency-based O2O Digital Governance

In the service process, all nodes first try their best to find the consensus password and receive compensation, and blocks generated by the consensus process through competition are distributed and stored across all nodes, so they cannot be forged or altered later. Users with secret keys can track their transactions recorded in the blockchain in real time and conduct accounting audits. As a consensus and proof mechanism, the Proof of Stake (PoS) method will be used, and compensation for this will be given as a sidechain-based utility token (BOUT), respectively.

The Ethereum-based blockchain system uses a smart contract method that sets the terms of the transaction, automatically concludes the contract, executes the transaction according to the terms of the transaction, and stores the transaction in the Ethereum blockchain.

Security : Tokens based on ERC-20

Trades of MYCE tokens actually work in Ethereum's network. The wallet for trading MYCE tokens is used by a wallet compatible with Ethereum. The source code for MYCE tokens was created using an open source and can be inquired by anyone using the contract address of MYCE tokens. The basic stability of the Ethereum can be said to be sufficiently verified, and the scalability is expected to be greatly improved with technologies such as Leiden, Plasma and Casper

Roadmap

2020

Technical Business

2021

2022

2023

Team Members

  • Soonho Ock

    - Constructed hospital information system for national childrens hospital in Uzbekistan (EDCF)
    - Constructed a general lottery system as the 4th commission from Ministry of Economy and Finance, and inspected the system
    - Constructed and directed development of an O2O wallet service platform for earnings from sharing personal information based on block chain technology
    - Led installing and developing DB of the localization project for online lottery system of Ministry of Economy and Finance

  • Yeunkook Kim

    - Developed Blockchain Asta Wallet Platform
    - Barunson ENA / Global platform development part manager (team leader)
    - Developed Seven Knights global service operation tool and managed in-house IT operation job

  • Taekwang Lee

    - Operated system for comprehensive bill system of Samsung
    - Operated electronic finance of corporation bank
    - Constructed comprehensive image system for Saemaul bank
    - Developed new account system for utility bill of corporation bank

  • Uiseap Oh

    - Affiliated Information Technology / Developed Front-end, Back-end and operated service
    - Sotetsu / developed mobile check-in service
    - Lotte Resort / developed Room key issuance service

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