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Moiom

Updated Mar 20, 2019

Apart from Africahead's brand token, called Africahead Ipparts (AFA), Africahead started issuing a utility token, called Moiom (MIM), recently. The idea for MIM is to develop into a "universal" token, used by developers of any website, using Erc20 Ethereum infrastructure. The Ethereum network has already, made possible, payments for goods and services with Erc20 tokens. MIM can also be used on the hardware, which makes provision for Erc20 tokens. MIM webpage: https://www.africahead.co.za/Africahead/Moiom.html

Africahead is not a developer of websites and DApps. Africahead's role in issuing MIM, is that of a financial corporation, making liquidity available, for wealth creation. The more developers and consumers use MIM, the better. Africahead does not commit itself to a specific way of issuing MIM. Intequinism, the foundation of Africahead, currently, does not approve of interest on MIM and lending MIM. If users think interest is relevant they should discount it into the price of MIM. The new concept intequity will be used when issuing MIM to fund economic development. The concept is explained partly in the White Paper for Africahead Ipparts (AFA) at: https://africahead.co.za/Africahead/RaisingCapital.html. Currently 100'000'000'000 MIM tokens are for sale, only at https://tokenjar.io/MIM, for an initial price of 0.000'000'01 ETH/MIM. The next issue price of Africahead could be 0.000'000'02 ETH/MIM, depending on the market and other circumstances.

The idea is to have a DApp anyone can use on their website as many times they want to. The DApp will be used to sell digital goods for example books, music etc. The DApp will do the following: It will connect with Metamask wallets and transfer Moiom (MIM) tokens from a buyer's Ethereum address to an Ethereum address of the seller, using the DApp. The steps by a seller, setting up the DApp should be: 1) The seller enters the Ethereum address where the MIM tokens must be transferred to. 2) The seller enters a price in MIM tokens. 3) The seller enters a description of the good being sold. 4) The seller uploads and/or link the good being sold.||||||||||||| The buying process must work as follows: 1) The buyer can see on the DApp what the price and the description is of the good/product. 2) When the buyer confirms his/her will to buy the product, the price in MIM tokens is transferred from his/her address to the seller's address. After the transfer is successful the buyer gets access to the product.

https://www.minds.com use open source programs. On minds.com a DApp is used, which accepts MINDS tokens, and makes parts of profiles available in return. Someone with the required programming knowledge can probably adapt the minds.com DApp for MIM use.

https://ttd.icobusses.io/ also developed a DApp, which could perhaps be adjusted.

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