MoTA Transformer (MT)
You are the transfer agent. Leverage your blockchain knowledge to help other people transact. Be the bridge between technology and the masses.
A MoTA Transformer / Transmitter is the transfer agents, the bridge, the facilitator and the enabler that make transfers transactions possible through the MoTA Hub (MH) platform. MTs operate in a similar way to mobile money agents. They help those who may not have devices to transfer and receive. They use the hub software to achieve this. An MT is a known and reliable person in the community willing to empower their community to have a presence in the global economy and to grow through ease of transactions. The MT is rewarded for enabling transactions and transfers by those whom they help. This transfer assistance can be a main job or a supplementary service attached to a main business such as a retail shop.
REQUIREMENTS TO BE AN MT.
To be an MT, you must be able to use a smartphone or a computer and must have access to the internet. An MT must have a basic understanding of blockchain wallets and how to use them. An MT must be willing to comply with rules and conditions similar to being a mobile-money transfer agent.
APPLYING TO BE AN MT
MoTA has three token types on the blockchain. These tokens enable MoTA to function and run smoothly. The tokens perform unique functions in the MoTA ecosystem depending on the type.
The MoTA Global Cash (MGCash) token is the project utility token. This is the token that allows MTs and IUs on the MH to transfer BA across the MH. In other words, it is a transfer vehicle on the MH. MTs will hold MGCash. IUs can also hold MGCash. MGCash is transformed at any MTs for FM. IUs may also transact directly between themselves with MGcash.
MGCash is electronic cash (e-cash) purely for internal use on the MH. They are not a substitute for FM. Direct exchange of MGCash is at the discretion of the holder. MGCash is utilized by MTs and IUs to facilitate transfers on the MH.
Each MoTA token is designed to perform a specific function. They are however blockchain tokens and therefore have all the benefits and risks associated with blockchain tokens. MoTA Global will not be held liable for any misapplication of tokens by a holder. Tokens must be held in secure and compatible blockchain wallets.
MGCash are Simple Ledger Protocol (SLP) tokens issued on the Bitcoin Cash (BCH) Blockchain.
Note: Please check token ID when interacting with tokens as tokens can imitated.