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Moyom (MYM) Utility Tokens

CURRENTLY A MARKETING COMPETITION, WHICH WILL END ON 30 NOVEMBER 2019 IS HAPPENING. THE PURPOSE IS TO MARKET IPPARTS EXCHANGE (IPPAEX). THE PRIZE MONEY IS 10'000'000'000 MOYOM (MYM) UTILITY TOKENS. MORE INFORMATION AT CENT, THE PLATFORM WHERE THE COMPETITION WAS ANNOUNCED.

Africahead is a registered Close Corporation (CC). The CC was registered as Moiom CC in South Africa during 1999. 1999 in Roman numbers is written MIM, which gave rise to the name and logo. The existence of Moiom CC can be confirmed by searching for it on the website of the Companies and Intellectual Property Commission of South Africa.

Moiom
               logo MIM 1999

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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.

The idea for MYM, is to develop a new currency, anyone can use, to buy and sell goods and services with. MYM will also be used to fund other businesses by buying its brand tokens on Ipparts Exchange. People who source buyers of MYM, are entitled to 20/120 of the amount.

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.

CREATING A NEW CURRENCY WITH AFRICAHEAD

THE PLAN

VALUATION METHODOLOGY

Only the supply/demand theory is relevant when valuing MYM. 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
* When MYM is liquid MYM will be used to buy brand tokens, listing on Ipparts Exchange (IPPAEX), thereby funding development work. Until then other currencies, i.e. ETH and stable tokens will be used.
* Brand tokens listed on Ipparts Exchange will trade against MYM.
* In return for the fee to list a token on IPPAEX, MYM will be issued.

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.

LOGICAL reason to BUY MYM and DEVELOP DApps for MYM

Developers can form their own 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 Africahead, whilst buying AFA and MYM. After an over the counter sale for Africahead tokens, has been agreed upon, Africahead, 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 Africahead, will be improved when Africahead sells the tokens for mainstream currencies. Anyone who introduces buyers for AFA and MYM will earn 20/120 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.

Link to the
MYM Dapp at Etherscan logo
to interact with the MYM contract.

Listed on
State of the DApps logo

Added to the faucet of
FriendsFingers logo

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
Etherscan logo
verifySig

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:

Sign with a
Metamask
Metamask Wallet
to connect and transact at:

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Issue Counter
LedgerDex logo
wallet to wallet
0.000'000'01 WETH = 1 MYM
.

Issue/Exchange Counter
TokenJar logo
wallet to wallet
0.000'000'01 WETH = 1 MYM
.

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0xTracker logo
0xTracker tracks tokens on
0x Project Exchanges
.

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Over The Counter (OTC) trades between Bitcoin (BTC), XRP (XRP), Litecoin (LTC), Ethereum (ETH), Ethereum tokens, and Moyom (MYM) can be done at SWAPS.NETWORK.

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The initial mint was of 101'208'000'000 Moyom (MYM) tokens. 11'208'000'000 MYM are for sale for 0.000'000'01 WETH (ETH) per MYM token. It is the lowest price MYM can be issued for at TokenJar. 70'000'000'000 MYM will be issued to others for development. 10'000'000'000 MYM were set aside for a marketing competition and 10'000'000'000 MYM are available for ad hoc issues. This Google Sheets Schedule is used to do calculations for selling MYM.

The more MYM is bought, the more effective the spreading of wealth to all could be. 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 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. 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 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. It is currently foreseen that interest will never be charged on MYM and MYM will not be lent by Africahead. If any interest is relevant, in reality, users must discount it into the price of MYM.

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 or mdpienaar@africahead.co.za.

Chat: Africahead lobby at https://gitter.im or Telegram Chat Group.

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