The LOGICAL reason TO developers; MOYOM (MYM) utility TOken.

By Africahead | Brand Tokens | 14 Aug 2019

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Moyom (MYM) ERC20 utility token is used at Ipparts Exchange (IPPAEX), as the utility currency. When MYM is liquid, MYM will be used to buy brand tokens, listing on IPPAEX. MYM is a universal token, anyone may use to sell their services or products, give promotions, trade with, etc. A question is, why would anyone else use MYM and develop MYM, if it is possible to form an own token.

The reason is, when others develop MYM with Africahead, the costs and the risks are spread. If ones' own development fails, others' development will still add value to MYM. It is thus a safer way to develop a currency. It is expensive and capital intensive to develop a currency. Spreading the costs among many developers, makes the chance of success better.

It is explained in more detail at MYM's webpage, where links to buy MYM can be found:

https://www.africahead.co.za/Africahead/Moyom.html


Africahead
Africahead

Africahead is a copyrighted brand mark and the transacting name of a business, registered during 1999 in South Africa. The registered name is Moiom Close Corporation. The brand mark consists of the name Africahead and the map image of Africa.


Brand Tokens
Brand Tokens

A clear distinction can be made between brand tokens and utility tokens. Ipparts Exchange (IPPAEX) lists only brand tokens or in other words, tokens, contractually backed by Intellectual Property, which cannot be sold again in the future.

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