XMG Coins and The XMG Digital Asset Network

The XMG Digital Asset Network consist of a stable coin which holds a value of 1 U.S. Dollar, the XMG Coin is used to purchase digital assets and services across the entire MegaHoot Ecosystem. Some platforms that will be added to the ecosystem include e-commerce, auction and gaming platforms. Some examples of digital assets include digital art, backgrounds for video conferencing, overlays and more.

 

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All MegaHoot Memberships, MegaHoot Soapbox Channel Subscriptions & event tickets, Fortis Auction Blockmarket transactions are purchased using XMG Coins via the secure XMG Fintech Digital Payment Portal.

The XMG Network also consists of a digital wallet for easy access, allowing a member to access their wallet where ever they may be, its end to end encrypted incorporating additional blockchain technology to provide the securest environment for members.

The XMG Fintech Digital Payment Portal is a comprehensive digital payment gateway that specifically holds XMG Coins, this is where all transactions across the MegaHoot Ecosystem take place for products or services. The Payment Portal has similar functions and heavy security protocols in place as do popular payment systems such as Paypal, 2Checkout, Stripe and Square.

 

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XMG Coins and The MegaHoot Vault

The XMG Coins are integrated into the MegaHoot Vault and this provides members with access to digital safekeeping boxes and other Vault features. The Vault is a Fintech product that is scalable and will include many other features allowing other digital assets to be held there such as digital art, other coins and tokens, NFT’s and more.

All transactions that take place within the MegaHoot ecosystem are essentially peer to peer transactions and no additional transactional fees are incurred to complete any transaction.