Meritt Protocol
Solution: Decentralised creation & distribution of bespoke digital assets
for individuals, communities and businesses
Digital assets creation & distribution
PROBLEMS
High barriers to entry
* High fees or developers required
* No avenues for small projects
Centralised & intermediated
* Contractors /permission / fee required for issuance tokens
* Opaque and poor stewardship
No standard & tool to easily & freely deploy and distribute bespoke digital assets
SOLUTION
MERITT
Create your bespoke digital asset yourself and manage your distribution
*Choose features of your digital asset and its distribution
*List your digital assets for sale on the dApp marketplace, or
*Sell your digital assets to your social network on trust basis.
Create your own bespoke token digital asset using the Meritt protocol
Asset class agnostic protocol
Loan & equity can be easily issued in form of bespoke and unique digital assets. Services or assets ownership can also be transposed onto digital assets and traded.
Key terms of your digital asset like future payments or
voting rights are on the blockchain and executed via smart contracts Transparency, trustless execution & stewardship
Sovereign ID and secured data ownership
Full control and ownership of personal data in encrypted private storage. Disclosure on zero-knowledge basis.
Decentralised, permission less and free, no fee, no
middle-man. Blockchain architecture for a true peer to peer environment. Gas only to pay.
Build and deploy on-chain your digital assets or token:
Choose the features you need for your token & implement your distribution using the Meritt building blocks
Hover on the blocks to
learn how they work!
1. Meritt Financial contract are compliant with the ERC20 standard setting the basis for token transfers and splits, Transfer can be restricted to a closed user group and temporarily suspended (token can be frozen).
2. Any payments from the contract token issuer (a dividend payment by a company for example) to the pool of participants is automatically transferred to the relevant wallet where the issued token are being held. The distribution respects the pro rata distribution of the underlying asset.
3. Participants (contract token holder) to vote on-chain through voting interface when required. The voting mechanism can be public with votes being submitted directly to the contract for evaluation. Alternatively, votes can be private with only a hash being submitted to the contract to ensure authenticity of the vote.
Two-way information channel: (i) Contract token issuer can broadcast messages through the smart contract to all Participants to comply with information undertakings (ii) Participants can send messages to the issuer when the contract requires (e.g. notice in certain cases like exercise of an option).
4. Via a Meritt network dApp, the entity seeking funds creates and issue a financial contract, the corresponding contract token are minted and placed in a dedicated distribution contract which automatically send contract token on reception of payment from participants (similar to a vending machine).
5. Participants and observers can query Meritt registers to obtain data about the existence of Meritt contracts deployed (to the extent those are public) as well as data on the events associated with each of the contracts.
6. Allows Meritt users to manage and provide identity and other personal information in a self a self-sovereign environment and provide granular access to their data on a partial and a zero-knowledge basis. Data itself can be self-hosted or held in a distributed data storage.
<< Token Building blocks >>
“Blockchain digital asset = Token”
Build your trusted networks on the Meritt dAPP and
distribute your token within your communities
* Trusted communities
Create or join your trusted group on Alpha
* Self-issue and sell tokens to trusted group members
* Support your community and participate in a token issuance from a trusted member
* The trust within a community acts as a soft guarantee No Alpha underwriting score is required
A token sale can be easily launched and managed on the Alpha dApp. A trusted community can create its own digital assets and sell them to members to fund a project that benefits the entire community. The community issuer decides on rights attached to the digital assets held by members, these could be voting rights for members to vote on the use of the total proceeds, or dividend rights from profit made.
“Blockchain digital asset = Token”
Build your Meritt score on the Meritt dAPP and distribute
your token on the peer to peer marketplace
Token buyers
fund providers
--
Select tokens based on Meritt scoreBuy directly or on portfolio basis
Buyer steps
*Select token based on Meritt score
*On matching and funding, buyers receive selected tokens on wallet
*Also receives MTT reward on wallet for funding
Token Issuer
fund receiver
--
Access funding on the peer to peer marketplaceDisclose your Meritt score and list your token
Issuer steps
* Place small deposit in MTT
* Build bespoke token (utility, loan, ..), and disclose Meritt score
* Self-issue bespoke tokens on marketplace
* On matching with buyers, issuer receives funding amount on wallet
“Blockchain digital asset = Token”
MTT is the Meritt protocol token
MERITT token allocation
Token distribution
Oct 20 2018
Token symbol
MTT
Token standard
ERC20
MTT : ETH
5000 MTT = 1 ETH
Minimum contribution
0.1 ETH
Token supply #
1,200,000,000
Available tokens for distribution #
504,000,000
Roadmap
More information can see link below:
website (http://www.meritt.co/
Username : Bitcoinissatan
Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=905011
ETH Address : 0x9D7C69Ba1C7C72326186127f48AF6D61Ff95496D
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