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Monthly Update -MyBit

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MyBit, a blockchain-based Internet of Things(IoT) platform operator, updated main   activities, according to its SNS.

  • New Business Model

MyBit’s project, including MyBit Go and MYDAX, is moving towards infrastructure to distribute wealth around the world.

  • Decentralised Development Fund (DDF)

The fund will reimburse developers for tasks they perform for MyBit Network.

  • Fully Automated and Decentralised Future

Original vision of an autonomous and decentralised organisation remains. MyBit Foundation is still a non-profit parent organisation, with MyBit AG to develop the Network’s core infrastructure.
MyBit token MYB started trading on HitBTC.