Meritocratic Lab Project Overview
There is a fine line between “The Idea” and actual practical application. In other words, your great idea can remain just a “great idea” if it has no use or value. And many companies often fail because of this.
The rise and fall of various IoT startups has been noticeable over the past decade, but the ICO scene is still comparatively fresh and new. Nonetheless, there are already a number of projects that were either too ambitious to succeed or were simply a scam, and still there is a growing list of this kind of projects because the idea of building a useful and practical product is overthrown by inexperience, mediocrity, and greed. If not taken seriously, the vision of this perfect utopian decentralised world can quickly turn into a disaster scenario ruled by Doge and Pepe.
But enough negativity. What is this article really about?
I’d be writing about a credible project with lots of positivity. i will be introducing you to MERITOCRATIC LAB a project born from the desire to spread a new concept of meritocracy and recognition of talent and commitment in contemporary society. Within our Marketplace, through the agreement with our business partners, we provide and publicize goods and services that can be purchased with an ERC20 token, called “MRC”, created specifically for the MeritocraticLab ecosystem, based on Blockchain Ethereum. The ethics and purpose is to create a structure with a wide range of goods and services available to recognized people worthy for their commitment / talent, in the workplace / professional, student and / or sports.
ABOUT MERITOCRATIC LAB
Meritocratic Lab is a decentralized marketplace designed to recognize talent and commitment.
Meritocratic Lab is a company that provides Premium services & Token to all workers/students/sports with merit and talent. Through the agreement with commercial partners Meritocratic Lab provides goods and services that can be purchased with an ERC20 token, created ad hoc and based on Blockchain Ethereum, which will be handed over free to those who will be recognized as worthy for their commitment and achievement in the workplace / professional, student or sports. For companies, institutions and associations, it will be possible to buy the token and distribute it to its underlyings (workers, students, athletes).
The token will have the expense constraint in exercises where it is aimed at personal growth and the utility of the individual. No more economic benefits can be spent in vices and uselessness (eg tobaccos, games of chance, etc.) but goods / services always and however aimed at improving the psycho-physical well-being of the person (eg training courses, language courses, professional courses, courses for hobbies, bookshops, libraries, stationery shops, sports associations, gyms, technical clothing, cures spas, medical studies.
Meritocratic Lab. born from the desire to spread a new concept of meritocracy and recognition of talent and commitment in contemporary society. Within our Marketplace, through the agreement with our business partners, we provide and publicize goods and services that can be purchased with an ERC20 token, called “MRC”, created specifically for the MeritocraticLab ecosystem, based on Blockchain Ethereum. The ethics and purpose is to create a structure with a wide range of goods and services available to recognized people worthy for their commitment / talent, in the workplace / professional, student and / or sports.
For companies, institutions and associations, it is possible to purchase the MRC token and distribute it to its underlyings (workers, students, athletes) because we believe that the continuous recognition of commitment and talent must always be recognized by encouraging the person. For all MRC token holders, access to the Marketplace platform will be free. For those who have not received the MRC token, they can purchase a second token, called “MRT” with which they can purchase access to the Marketplace, always registering in the Private Area.
Meritocratic Lab. Has developed 2 distinct systems for the functioning of the structure and its sustainability. The Meritocratic Token (MRT) and the Meritocratic Certificate (MRC):
The “Meritocratic Token” (MRT) can be purchased by anyone interested, by accessing the Reserved Area.The token gives the possibility to access the Marketplace platform inside the Reserved Area as it will be the only accepted payment method to access it, the user inside can view the goods / services provided by MeritocraticLab and / or its partners
The “Meritocratic Certificate” (MRC) can be purchased only and exclusively by the commercial partners (companies / associations) who are interested in distributing it to their underlyings (employees, collaborators) in line with the principle of recognition of merit. access the Marketplace platform inside the Reserved Area and can be spent for the purchase of goods / services provided by MeritocraticLab and / or by its partners, as well as being directly spendable with the partners affiliated with the APP-mobile.
Token Details – MERITOCRATIC TOKEN (MRT):
Max Supply: 1,000,000,000
Price: 1 € = 10 MRT (0,10 € per token)
DISTRIBUTION OF TOKEN (MRT):
The funds received from the sale of Meritocratic Token MRT will be assigned as follows (the proportionality may vary according to business needs):
30% Operating and expansion structure
30% Property and operating costs
20% Remuneration of the team and new recruitments, management development and app-mobile
20% Marketing and Promotion, acquisition of new partners, focus on the national / international market, incentives to adopt tokens
MERITOCRATIC CERTIFICATE (MRC):
The funds received from the sale of the Meritocratic Certificate will be assigned as follows (proportionality may vary according to business needs); only partners can purchase Meritocratic Certificates (MRC):
90% Payment of partners
10% Management Fee
1 December 2018
Launch of the pre-sale of MRT token
15 January 2019
Launch of crowded token (ICO) (possible advance between January and February 2019)
30 June 2019
End of ICO (upon reaching the date or soft-cap) and delivery of tokens on customer wallets
Platform development and Exchange listing
For more information, please visit the links i have provided below;
Announcement Thread: https://bitcointalk.org/index.php?topic=5079416.0
Telegram Channel: https://t.me/MeritocraticLabNews
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409