Project Vision

• Break barriers in traditional real estate (high capital, geographic limits).

• Convert physical assets into digital ones for increased liquidity and easy investor access.

• Use smart contracts for transparency, traceability, and automation (rental distribution, voting rights, collateral management).

• Provide a complete product suite — staking, P2P lending, and a marketplace — for both investors and developers.

Team

• CEO — Danny Le: Master’s in Information Systems, blockchain expert, ex-military contractor, multiple startup founder.

• COO — Steve Tran: Aerospace engineer with GameFi and Metaverse experience, connected to venture capital and Web3 projects.

• CMO — Quyen Vu: 15+ years in corporate branding and communications (10 years in UK/Europe).

• CTO — Kyro: 18+ years in tech, skilled in software, AI, QA, infrastructure, and GIS.

Investors & Strategic Partners

• Alamat Capital: Investment and capital strategy.

• PwC: Organizational and business model consulting.

• BSI: Quality and information security standards.

• RMA: International brand strategy management.

• AWS: Cloud infrastructure optimization and security training.

• VIUP: GIS integration and urban planning data access in Vietnam.

• BIDV & PVcomBank: Banking service development.

• Momo: Payment gateway and mini-app integration.

• Blockchain Partners: Surgence, Polytrade, RealtyX, Synaps, Omni, BSCS, BinaryX, Kima, RWA.

How It Works

Meychain (Layer-1): Modular blockchain supporting RWAs with consensus, execution, asset integration, and storage layers. Cross-chain bridges enable interoperability.

MeyFi Platform (DeFi): Enables buying/selling tokenized properties, P2P lending, and staking for yield.

PTO (Property Token Offering):

1. Asset Selection & Tokenization: Physical properties are converted into fractional tokens/NFTs.

2. PTO NFT Sale: Whitelisted investors purchase NFTs.

3. Yield & Governance: Earn rental income and voting rights; tokens are tradable.

4. Secondary Market: NFTs can be freely sold or used as DeFi collateral.

Mey Passport: Grants early access to tokenized properties, VIP benefits, and governance privileges.

Mey Land (Coming Soon): Gamified, task-based platform that rewards community participation.

Governance

Mey Network operates as a Decentralized Autonomous Organization (DAO). MEY token holders can vote on proposals, upgrades, and strategies — shaping the ecosystem’s evolution collectively.

Roadmap

• Phase 1 (Q4 2024): MeyFi launch — P2P lending, staking, PTO, marketplace, plus Mey Tap mini-game.

• Phase 2 (Nov 2024 – Jul 2025): Meychain development — smart contracts, staking, governance, testnet & mainnet launch.

• Phase 3 (2025): Global expansion — establishing offices in Dubai, Malaysia, and Thailand.

MEY Token

Utility Token: MEY powers the MeyFi platform but does not grant direct ownership of tokenized assets or NFTs.

Use Cases:

• Staking for liquidity and APY rewards.

• Exclusive access to VIP tiers, events, and perks.

• DAO voting rights for ecosystem governance.

• Discounts on marketplace fees (if applicable).

• Bridgeable between Base and Meychain mainnet.

Token Details

• Total Supply: 2.3B MEY

• Circulating Supply: 284.3M MEY

Token Allocation

• Angel Round: 2.85%

• Seed Round: 3.55%

• Private Round: 8%

• KOL Round: 1.5%

• Public Sale: 2.5%

• Mining & Incentives: 30%

• Staking Rewards: 10%

• Marketing: 4.6%

• Airdrop: 1%

• Liquidity: 10%

• Foundation: 15%

• Team: 8%

• Advisors: 3%

Ecosystem Components

• MeyFi: DeFi suite (staking, P2P lending, PTO, marketplace).

• Meychain: Layer-1 blockchain for RWAs.

• Mey Tap: Gamified user acquisition tool.

• Banking & Payment Partners: BIDV, PVcomBank, Momo.

• Advisory & Compliance: PwC, BSI, Alamat Capital.

• Technical Partners: CMC, AWS.

• Community: Investors, developers, real estate professionals, local hubs.

Key Features

• Tokenized RWA ownership via PTO.

• P2P lending and collateralized property liquidity.

• NFT-based staking rewards and ownership privileges.

• Modular Layer-1 (Meychain) with validator nodes and bridges.

• Compliance with ISO standards (BSI) and PwC consulting.

• GIS integration via VIUP for spatial data access.

• Marketplace tools for liquidity and property trading.

• Gamification and educational engagement through Mey Tap.

Official Links

• Website
• Telegram
• Twitter

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post What is Mey Network (MEY) ? appeared first on Coin Engineer.

Top 3 RWA Tokens Whales Are Buying For 100X Profit In 2024

1. Ondo Finance (ONDO)

Ondo (ONDO) is governed by stakeholders who steer the Ondo DAO’s mission to democratize elite financial solutions. The DAO empowers ONDO holders with unique privileges related to Flux Finance, overseen by the Ondo DAO. With BlackRock entering the realm of RWA tokenization, attention is focused on Ondo Finance.

The flagship cryptocurrency of Ondo Finance, ONDO, has experienced a significant surge, witnessing a 90% increase in value within a month. This rapid growth has expanded ONDO’s market presence, with its market cap doubling recently. Notably, large investors, often referred to as whales, have demonstrated strong interest in ONDO by moving substantial quantities of the token off exchanges. This trend reflects growing confidence in tokens backed by real-world assets.

Currently, ONDO is priced at $0.8561, experiencing a slight dip of 7.46%. Ranked 90 on CoinMarketCap, ONDO boasts a live market cap of $1.2 billion. With bullish momentum continuing, there’s anticipation of ONDO reaching new heights in 2024.

2. MANTRA (OM)

MANTRA (OM) is a pioneering Security RWA Layer 1 Blockchain designed for seamless integration and compliance with existing regulatory frameworks. Targeting both institutions and developers, MANTRA provides a permissionless infrastructure supporting permissioned applications effortlessly.

MANTRA recently launched its Hongbai Testnet, aiming to innovatively merge DeFi with traditional finance. By leveraging the Cosmos SDK and IBC protocol, MANTRA ensures compatibility across different blockchains, targeting the vast $16 trillion RWA market and redefining asset interaction in the financial sector.

3. Florence Finance (FFM)

Florence Finance (FFM), ranking third on the list, is a newcomer that is yet to be listed on tier 1 or 2 CEXes, presenting a narrative for potential growth. Led by Chiel Ruiter, a former Managing Director at Goldman Sachs and UBS, and Leo Greve, with extensive experience at ING Bank and Citigroup, Florence Finance aims to democratize access to the RWA ecosystem for both large and small crypto investors.

Integrating with stablecoins like USDC, EURS, and EURA issued by Circle, STASIS, and Angle Protocol enhances transparency and stability, leveraging Stasis & Angle’s prominence in the Euro stablecoin market.

In conclusion, the anticipation surrounding RWA tokens like ONDO, OM, and Florence Finance (FFM) is driven by their potential for significant returns. As whales accumulate these tokens, the outlook for their market performance in 2024 remains optimistic, underscoring the dynamic nature of the cryptocurrency market.

The post Top 3 RWA Tokens Whales Are Betting On for 100x Gains in 2024 appeared first on Coin Engineer.