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The MACH Project (MACH) aims to create a secure environment for peer-to-peer asset transactions. It includes a secure peer-to-peer asset trading environment and a payment token. The project utilizes technologies such as escrow and blockchain to ensure a safer trading experience for individuals. The MACH token is designed to be a secure and valuable payment method within the MACH platform. The project also focuses on building its ecosystem and community, offering various interesting features and services.
The MACH Project targets various markets, including the used goods market, game item trading, and cryptocurrency OTC trading. The used goods market is experiencing rapid growth, with an annual turnover of over 20 trillion won. The game item market in Korea is worth about 2 trillion won annually. The cryptocurrency OTC market has a global market size of 5 billion dollars annually. However, these markets also face risks due to fraudulent activities. The MACH Project aims to provide a safe trading environment using its escrow system and blockchain technology to prevent fraudulent transactions.
The MACH Project has a roadmap to guide its development. It started in June 2018 with the release of its whitepaper and the project’s initiation. In October 2018, the MACH token was created (ERC-20 standard) with a total supply of 200,000,000 MACH. In June 2019, the project launched its first platform, MarketMACH (www.marketmach.com), for peer-to-peer asset trading. The project has plans to launch more platforms in the future, including the Dorian P2P asset trading app and the Gem Plus wallet app. The ultimate goal is for the MACH Project to become a blockchain-based entertainment company.
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