MyBit is a Decentralized Asset Management Platform that uses blockchain technology and Ethereum smart contracts to create a new asset class for decentralized Energy and AI infastructure. MyBit allows users to commoditize solar panel installation and other forms of renewable energy, investors and landowners can crowdfund the coming decentralized energy grid while investors get security on their investment.
MYB is an Ethereum-based token. All transactions on the MyBit platform are assessed a 1% network fee which is distributed to token holders based on their percent stake.
The MyBit Token (MYB) is a utility token used to access the MyBit Platform and unlock premium features.
Tokens spent in the Access Layer are automatically burnt, meaning they are taken out of the supply forever, thus continuously reducing the total supply of MYB.
There are three access levels: Level one costs 25$ per annum and unlocks investing. Level two costs 75$ per annum and includes investing and staking. Level three costs 100$ per annum and provides access to investing, staking and MYDAX.