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Moyom (MYM) Utility Token
Download the MYM logo with transparent background or use this link for the logo.
NB: Developing MYM is a long term project. No guarantees can be given and it is not a token to buy for short term profit or retirement savings.
| WHAT CAN MYM BE USED FOR CURRENTLY? | |||
|---|---|---|---|
| Description | Terms | Exchange Counter | Pairs |
| Buying Africahead Ipparts (AFA) at LEDGERDEX |  AFA |
AFA |
ETH/AFA & MYM/AFA |
| Buying Divided Party (DiP) at LEDGERDEX |
 DiP |
DiP |
ETH/DiP & MYM/DiP |
| Buying Kaeuoi (KAE) at LEDGERDEX |  KAE |
KAE |
ETH/KAE & MYM/KAE |
| Buying fonetones (FON) at LEDGERDEX |  FON |
FON |
ETH/FON & MYM/FON |
| MYM is the utility currency for Self-Determination International (SDI), promoting own and others' self-determination. |  SDI |
MYM |
ETH/MYM |
MYM can be purchased at decentralised cryptocurrency exchanges on the Internet. Currently the exchange counters used are; click on the name to go to the exchange of choice:
Recommended Wallet
Sign with a
Metamask Wallet
to connect and transact at:
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Exchange Counters
MYM Exchange Counter
wallet to wallet
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Trackers
0xTracker tracks tokens on
0x Project Exchanges.
Dex Trades
tracks Ethereum blockchain decentralized exchanges.
Investors can contact the current representative for Africahead, if they want to invest in Africahead equity. Download the proposal for a private placing of equity.
Moyom (MYM), an ERC20 token, was registered on the Ethereum Network. The Contract Address of MYM on the Ethereum Network is:
0xb9892F9A892f3e251fc5 8B9076c56aDD528eb8A6
When applying the address, remove the space between 5 and 8. Before interaction with MYM, users must make sure the correct Contract Address above, is used.
Add to Metamask or view on Etherscan
The idea for MYM, is to develop a new currency, anyone can use, to buy and sell goods and services with. MYM is used to fund businesses by buying its brand tokens on Ipparts Exchange. People who source buyers of MYM, are entitled to 50/100 of the amount.
CREATING A NEW CURRENCY WITH AFRICAHEAD
- Moyom (MYM) is an international currency, any DApp developer can use. MYM is used to buy brand tokens, thus funding development.
- The first issue offer was 101'208' 000'000 Moyom (MYM), ERC20 Ethereum tokens for sale for 0.000'000'01 ETH (10 Gwei) per MYM token. It was the lowest price MYM could be issued for at TokenJar.
- The funds raised will be used for the funding of innovative ideas e.g. the rational development of Africa.
THE PLAN
- A "universal" open-source payment-interface DApp can be developed at Github: link.
- The more web developers use MYM in their DApps, the better.
- The issue price will increase, in order to give investors who see the logic first, the highest return on investment.
VALUATION METHODOLOGY
Primarily the supply/demand theory is relevant when valuing MYM. A rough calculation is however done by dividing the estimated value of the brand tokens by the MYM issued to others than Africahead. Africahead will control the supply in order to see the price of MYM rise. Users and developers will add value by increasing the demand for MYM and increasing their holdings of MYM.
| THE DEMAND WILL BE DETERMINED BY |
|---|
| Primarily |
| * MYM is used to buy brand tokens, listed on Ipparts Exchange (IPPAEX), thereby funding development work. |
| * Brand tokens listed on Ipparts Exchange will trade against MYM. |
| * The fee to list a brand token on IPPAEX, is 17% commission on funds raised. If the fee is paid in a liquid currency, MYM will be issued in return, until MYM is liquid. When MYM will be liquid the fee can be paid with MYM. |
| Secondarily |
| * Developers who first buy MYM and then start development work. |
| * Developers who sell MYM to customers/clients, or give MYM to customers/clients in promotions, to buy developers' products with MYM and developed DApps. |
| * Consumers in general, using payment DApps already developed. |
| * Any willing buyer/seller agreement. |
| * A group of people who often trade among one another with fiat, and use digital technology with access to the Internet, can buy MYM, divide it in the group, and use it to trade with, whilst MYM rises in value against other currencies. |
| * MYM can be bought and used as prize money. |
| ESTIMATE OF CURRENT DECENTRALIZED INDEPENDENT CONTROL OF MINTED MYM | |
|---|---|
| Country | Percentage |
| South Africa | 30% |
| Italy | 10% |
| Singapore | 10% |
| South Africa | 10% |
| Turkey/Spain | 8% |
| Unites States of America | 10% |
| Germany (East) | 10% |
| Germany (West) | 10% |
| Other | 2% |
LOGICAL reason to BUY MYM and DEVELOP DApps for MYM
Developers can form their own utility token and take all the risk of it being successful, or they can spread their risk by using MYM, anyone else can use. If their project is not successful, other developers will still add value to MYM, they own.
LEDGERDEX: An OPPORTUNITY to GROW economies EXPONENTIALLY
App.LedgerDex.Com is an exchange where any ERC20 token can be traded for any other ERC20 token. If LedgerDex is used at its full potential, it can make a big contribution to the Crypto Community and economies in general. Usually, new economic projects are only funded by fiat currencies, ETH, BTC etc. New economic projects can however be funded with any liquid ERC20 token with value. Imagine what boosting effect it could have on economies, when more currencies start funding economic projects. Another benefit at LedgerDex, is, a maker can specify the taker, to limit an offer to a specific address. That means commissions on over the counter sales of ERC20 tokens can easily be administered, because sales transactions can be linked to specific addresses.
Ipparts Exchange makes use of the LedgerDex technology. Any liquid ERC20 token can be used to fund the development of IPPAEX, whilst buying brand tokens and MYM. Africahead however lists MYM only against ETH (WETH) and the brand tokens only against MYM and ETH (WETH). Therefore if someone wants to fund IPPAEX's development with other tokens they must contact Africahead to make arrangements. Offers to buy MYM and brand tokens, with any token, can be placed on LedgerDex, but it is not certain the offers will be seen, unless informed about it. After an over the counter sale for tokens, has been agreed upon, the seller will sell the funding tokens on the market to convert it to fiat, ETH, BTC etc, to use for normal business expenses. The liquidity of such tokens, funding development, will be improved when sellers sell the tokens for mainstream currencies. Anyone who introduces buyers for brand tokens and MYM will earn 17% of the amount.
VARIOUS
Moiom (MIM) ERC20 token was replaced with Moyom (MYM) on 3 August 2019.
Vittorio Minacori who wrote the token contract, used for MYM, explained the improved functionality, at Medium.
Developers can use his documents to build on MYM.
MYM Dapp at
to interact with the MYM contract.
To acknowledge Vittorio Minacori's work a donation can be sent to him:
View proof of ownership of the address, which formed Moyom (MYM) tokens at
verifySig
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Progression
The initial mint was 101'208'000'000 Moyom (MYM) tokens. 101'208'000'000 MYM were for sale for 0.000'000'01 WETH (ETH) per MYM token. It was the lowest price MYM could be issued for at TokenJar, but no tokens were sold. 70'000'000'000 MYM were issued to others for development. 10'000'000'000 MYM were set aside for a marketing competition, which did not attract marketers, therefore it is still available for other purposes. 10'000'000'000 MYM are available for ad hoc issues. Africahead currently has about 30 billion minted MYM to work with. The Google Sheets Schedule is used to do calculations for selling MYM. The strategy to issue MYM on a low budget changes continuously, acording to the circumstances. The Google Sheets Schedule is the best place to get an up to date view of the most current strategy.
The more MYM is bought, the more effective intequity (capital of ideas) will work. Good cannot be done to all. Evil, however, can be not-done to all. According to mainstream capitalist economic theory, maximum prices are charged, which flow back to consumers and investors, partly, in the form of maximum salaries, maximum dividends, charity and debt. According to Intequinism, the foundation of Africahead, the dividends, charity and debt parts, included in maximum prices, will be excluded from Africahead's prices. Also, maximum salaries are not applicable at Africahead. Prices charged, will therefore be lower than maximum prices. According to Intequinism's economic theory, the Africahead brand value should appreciate, because of minimum prices. Buyers of Africahead products will have extra cash in their pockets because of minimum prices. The extra cash, in the pockets of buyers of goods, will replace dividends, charity and debt, following from maximum prices.
White Paper
The White Paper for Africahead Ipparts (AFA) refers to MYM, as a project for the future. No White Paper exists for MYM. The reason is, issuing money is a developing science, and nothing more can be said, than already written here and in the White Paper for AFA. How MYM tokens enter the market, is developing. Interest will not be charged on MYM and MYM will not be lent by Africahead. MYM will be used by Africahead to exchange for others' brand tokens, thereby funding brands.
Africahead plans to issue MYM tokens in an intequible way, to not disadvantage earlier buyers. Intequinism is capitalist philosophy, therefore, people who agree and see potential early, should benefit later on, with capital appreciation of MYM.
Questions can be asked in the chatrooms, below, formed to answer questions about Africahead Ipparts (AFA).
Contact details:
Tel: +27(0)824477125
Email: africahead2@gmail.com.
Chat: Africahead lobby at https://gitter.im or Telegram Chat Group.