Evangelism No. 33 | Dialogue with Monster Cloud Computing

The following is the interview transcript :

Host : Hello everyone, I am Orange, the host of tonight. Today, I am very happy to invite Jack, the director of Distributed Technology, to be the guest of the Preaching Jianghu Live Studio. Now, let’s welcome tonight’s guest Jack . Warmly welcome.

Jack: Hello everyone!

Host: Let’s get straight to the point. The biggest hot topic in the cryptocurrency circle recently was the BTC halving. What impact does the BTC halving have on the mining industry?

Jack: This production cut did not cause the BTC price to continue to rise, which means that the income of traditional miners is constantly being compressed. The cloud computing platform will be the only low-cost, low-risk, and low-cost mining method, which is different from the traditional mining model that requires the purchase of high-configuration hardware and professional maintenance. Due to the complexity of mining and its dependence on external factors , such as mining difficulties , Bitcoin exchange rates, equipment costs, etc., it is almost impossible to predict how much an individual will earn, and the Monster Cloud Computing Platform came into being to minimize user risks.

Host: Monster Cloud Computing Platform is a brand-new cloud computing platform that is about to be officially launched. Many friends may not know much about it. Can you give a brief introduction?

Jack: The Monster Cloud Computing Platform was initiated by our Distributed Technology Foundation. As the most important mining ecosystem under the TTM ecosystem, TTM integrates existing Bitcoin mines, mining machines and computing resources, and applies the Bitcoin computing power in the TTM Alliance to the Monster Cloud Computing Platform.

As a blockchain cloud computing platform, it focuses on mining machines, mining pools, mining farms, and cloud computing in the mining industry, and provides mining investors with a full range of services from mining machine pre-sale - mining farm selection - mining machine listing - mining machine maintenance - real-time mining data - electricity bill settlement and other mining processes.

At the same time, by sharing computing equipment and technology, it provides ordinary users with low-threshold digital asset primitive accumulation services. It is also the world's first fair, transparent, win-win, and tamper-proof new cloud computing ecosystem built on public chain technology.

Host: Since we are a cloud computing platform that mainly serves online users, we must be backed by the physical mining industry. Can you briefly introduce the advantages of mining resources?

Jack: Okay, that’s right. Mining is one of our key businesses and is mainly managed by our President of Greater China, Mr. Liu Zhangjian . People in the mining circle must have heard of him. Mr. Liu has been involved in the mining industry since 2013 and is considered one of the earliest “mining machine players”, representing the industry’s trendsetters .

There are 25 mining farms in the country , distributed in Shihezi, Xinjiang, Alxa, Inner Mongolia, Zhaotong, Yunnan, Zunyi, Guizhou, and Sichuan (Ganzi and Aba) . There are a total of 76,000 BTC mining machines, 10,000 graphics card mining machines, and 3000P BTC computing power.

More importantly, we have also invested a lot of manpower and material resources in the research and development of mining machines. We have currently cooperated with TSMC, the world's largest chip technology company, and successfully taped out the chip in April 2020. I would also like to take this opportunity to tell friends in the mining circle that the TTM Monster V1 Asic mining machine we developed will be available for pre-order in August, with 880G computing power and 800W functions. Friends in the mining circle can pay attention to it!

I believe that under the leadership of Mr. Liu, we are still expanding our mining resources, and the total computing power will continue to rise, creating more profits for platform users!

Host: With an industry leader like Mr. Liu in charge, I'm sure that many of the audience's concerns will be dispelled! The news that our Monster Cloud Computing Platform TT Token will be launched for public offering on May 30 has spread in the currency circle. The market is currently very hot. Can you introduce it to the audience?

Jack: Thank you for the attention of the cryptocurrency users and media friends. TT Token is the official token of Monster Cloud Computing Platform. The total issuance volume is 500 million, the mother coin is 12 million, and 488 million are locked in the mining pool. Users need to use the mother coin and trigger the task mechanism to obtain corresponding rewards. It is completely decentralized and not controlled by individuals, institutions, or platforms. Every coin holder is a dealer, and the platform only provides a stage.

The mother coin uses the ITO public offering model. Through the mother coin public offering fund tray, it ensures that it does not fall below the issue price. Through the extreme deflation and destruction mechanism, the tokens are scarce and the interests of investors are guaranteed. At the same time, all the chips are scattered, so as to prevent large investors and whales from operating, solve various pain points in the current ICO model, and create a new financial model. Its issuance mechanism uses mathematical cryptography, arithmetic mechanics, task trigger mechanism, and reward mechanism. To obtain TT tokens, you must trigger the task rules. It is not controlled by any individual, platform, or institution. The openness, fun, and value of its TT tokens, strict risk control, and benign closed loop will boost the rise of TT tokens ! The public offering will be snapped up at 2 pm on the 30th of this month , so you can pay attention to it!

Moderator: It can be seen that the TT token issuance mechanism has also been deeply studied, which truly allows ordinary users to enjoy the benefits of the mining pool. Then I would like to ask Jack a more pointed question, which is also a question that everyone is very concerned about. What factors make you think that TT token will become a dark horse in the currency circle?

Jack: This is a really good question, and I would like to share it with you. It can be divided into six aspects.

First point: Platform positioning: completely decentralized, no dealer, no capital pool, not controlled by individuals, institutions, or platforms, and the output and appreciation of the currency value are determined by users holding the parent currency

Second point: The platform’s benign internal circulation mechanism is set up: ITO subscription model, breaking up large investors, no dealers, only users, and a destruction deflation model, which allows TT tokens to be destroyed while appreciating, forming a deflation model. The less TT is in circulation, the higher the price increase.

The third point: Distributed holding: The first phase of the mother coin is scarce and dispersed among users, which easily forms a one-sided market. Therefore, the rise is driven by scarcity and demand exceeds supply. The continuous rise is because the coin production is triggered by the task mechanism and can continue to participate. The quota is limited, so there will not be a large amount of selling pressure, which effectively drives the coin price up.

Fourth point: OTC trading mechanism: There is no fund pool account, no need to worry about the mining dealers, and the OTC trading model is beneficial to the fluctuation of the currency price, while reducing the risk of investment, and those who hold it can hold it with peace of mind. Only the OTC trading model can truly produce a unilateral market, while the price of matching transactions is uncontrollable, and the price is controlled by the market value of the fund pool, which is extremely risky for retail investors.

Fifth point: Destruction mechanism: 30% of each transaction fee is directly destroyed to form a deflationary model. Therefore, in the process of holding currency income, the number of production is also destroyed, which can form deflation and promote a steady increase in currency prices.

The sixth point: Application value: A mature application ecosystem, a consumer group of more than 50,000, a mining machine is calculated at 30,000 yuan, a purchase of 10,000 units, and a consumption of 400 million; a mining farm consumes 400,000 yuan in electricity per month, which is 4.8 million yuan a year, and 10 mining farms are 48 million yuan; so a strong application ecosystem is the strongest support.

Host: Thank you Jack for sharing. I believe everyone has more imagination about the future of TT token. In addition to increasing the value of the currency and making profits, what else can TT token do?

Jack: TT token, as our cloud computing power ecological token, will run through the entire cloud computing power ecological process. Miners and investors can use TT tokens to purchase BTC mining machines, ETH mining machines, BCH mining machines, and TTM mining machines on the platform . Ordinary users can use TT tokens to purchase BTC computing power, ETH computing power, and TTM computing power . At the same time , TT tokens can also be used as settlement for electricity fees, maintenance fees, and custody fees in mining farms . In the future, with the continuous development of the ecology, TT tokens will have more application scenarios.

Host: It seems that TT token can cover the entire mining ecological scenario. Due to limited time, thank you Jack for sharing. I believe everyone has a better understanding of the Monster Cloud Computing Platform. I also look forward to Jack visiting our live broadcast room next time to share more content. I hope that the Monster Cloud Computing Platform will become a dark horse in the computing power market and do better and better!

We would also like to thank the following media for their strong support! Thanks to Biben Live and Beep for their exclusive interview and broadcast!