Migranet Review 2019 – Solution, ICO Detail

Migranet Review 2019 - Migranet official logo image

 

Migranet is the world’s first AI blockchain migration platform.

Migranet presents a one-stop solution to migrants and accredited migration practitioners by automating the processing of migration applications. It also assists refugees with their skills assessment, so they can be integrated into their host country post selection.

Migrants will use the Migranet platform to upload their professional credentials and background declaration during the application stage, prior to professional assessment. Their credentials and background declaration will then be stored on the blockchain.

The built-in smart contracts will also provide protection to migrants from fraud, malpractice, and misrepresentation.

 

Vision

Their vision is to create a global community of immigrants, travelers, and processing systems in a standardized automated migration ecosystem. The result of this vision is a platform that facilitates a fraud-free, corruption-free, and affordable means to migrate and/or travel in a transparent and secure manner.

Migranet Review 2019 - Migranet solution

Mission

Migranet’s mission is to optimize immigration-related processes through the use of Artificial Intelligence, Biometrics and Blockchain technology. This will improve speed, fairness, accuracy, and accountability throughout the global migration system. Migranet believes that offering a utility token for migration services will provide unbanked migrants (and other applicants) full transparency and fairness for all services provided on the platform.

Migranet Review 2019 - Migranet features

Furthermore, Migranet maintains that without a radically transparent and automated system, immigrants worldwide will continue to be marginalized by the inefficiencies of current immigration practices, which stand to worsen as globalization, population, size, and immigration increases.

 

Benefits of Migration

Migration has a two-sided effect on national and global economies. Migranet holds the same beliefs as the UN SDGs that state the benefits of migration far outweigh its disadvantages. Additionally, people migrate for many reasons other than the quest for excellence or seeking a better life. Christine Lagarde has been the managing director of the International Monetary Fund (IMF) since 5th July 2011. As an experienced lawyer and politician, she has a deep understanding of both the benefits and problems of immigration. At the recent World Economic Forum in Davos, Lagarde identified several benefits of immigration: For starters, immigration boosts the economies of the host country. Immigrants bolster the host country’s labor force, encourage investment and growth. A preliminary report by the IMF shows that EU countries that are receptive to immigrants experience positive outcomes. Also, migration helps address the challenges caused by an increase in the aging population in developed countries.

 

MIG Utility Token and it’s End User Benefits:

  1. Service Payment – MIG holders can use the tokens to pay for migration services around the world without high conversion costs.
  2. Transaction Speed- Migranet’s introduction of blockchain technology ensures that transactions will be completed within seconds or minutes rather than hours or days, regardless of where one is. This allows people to travel while minimizing time expenditure on the process.
  3. No Transaction Limits – There will be no limits imposed on the amount of money transacted.
  4. Peer to Peer Exchange – The MIG token will be designed with an internally embedded P2P exchange allowing transactions between individuals without the use of third parties. This convenience greatly lowers transaction costs and helps eliminate theft and fraud. Migranet’s MIG utility token uses an encryption protocol to prevent fraud and counterfeiting. This results in added security, while still providing transparency and fairness throughout the platform.

Migranet Review 2019 - Migranet token distribution

ICO Detail

Token: MIG

Price: 1 MIG = 0.2 USD

Platform: Ethereum

Accepting: ETH

Minimum investment: 1 ETH

Soft Cap: 20,000,000 USD

Hard Cap: 75,000,000 USD

Country: Costa Rica

Restricted Areas: Iran, North Korea, USA

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