What Is Mondo Community Coin (MNDCC)?

According to the website, the Mondo Community Coin is Germany's first decentralized e-commerce token. The token is associated with the platform known as the Mondo E-Commerce marketplace. E-commerce stands for electronic commerce. E-commerce is electronic trade and business dealing happening around the world between business to business (B2B) and business to customers (B2C). Mondo.shopping is a project that aims to utilize the power of blockchain for e-commerce.

According to the whitepaper, the current e-commerce market struggles with some drawbacks. Such drawbacks include substantial platform costs, centralized business models, low incentive strategies for the platform participants, and poor dispute resolution policies. The problem further consists of a nontransparent rating system which gives birth to manipulation risks. Thus, Mondo.shopping aims to optimize the eCommerce platform to cope with such issues.

The platform aims to democratize the access to purchase and sell online products for every society without any influencers or middlemen. The platform’s vision is to enable companies to access potential clients each day. The platform allows companies of all sizes only to reach sales opportunities previously reserved for a few players. The platform offers decentralization via smart contracts. Such smart contracts avoid the chances of disputes.

The platform seeks to develop by selling the native cryptocurrency of the Mondo eCommerce marketplace, which is named Mondo Community Coin. The ticker name of the token is MNDCC. It is a utility token. The token is an ERC20 token based on the Ethereum blockchain network. According to the whitepaper, the platform seeks to utilize the revenue made from the sale of tokens to expand the Mondo eCommerce marketplace.

Further, the owners of the native token are eligible to attend seminars, meetings, and lectures. They can even rent meeting rooms by trading tokens. Moreover, the tokens are also used in games and movie lounges to relax and enjoy the atmosphere. Furthermore, the users can enjoy the arts and talent of established artists by getting access to the Mondo concert hall by trading a few tokens.

History of Mondo Community Coin (MNDCC)

The MNDCC token was launched in the first quarter of 2021. The whitepaper was updated in the third quarter of 2021. The team includes professionals with years of industry experience. The maximum total supply of the token is 180,000,000 MNDCC.