[TECH] Why need Mammoth(MMT) Chain ?

Giant Mammoth Official
3 min readMar 10, 2023

Why Mammoth Chain ?

Mammoth Chain is a main net for reducing development resources, such as minimizing
migration costs and shortening development periods, and is designed to make it easier for
more companies to build and more users to use.

Mammoth Chain is a third-generation mainnet that can be applied to all industries such as DAO and Accelerating, and is a global mainnet that encompasses the world

The mainnet must necessarily be supported by sufficient technology. Building the mainnet can be seen as demonstrating the capabilities of the development team, and since they can operate their own platform, their technological prowess can be recognized. As a side note, large global exchanges often choose whether to build a mainnet as one of the criteria for listing. Since the mainnet is a real and functional protocol, all transactions are made in real time and users can trade with each other with the mainnet’s representative coin (MMT). The mainnet can be expected to increase the value and expandability of companies by developing new DApps and building an ecosystem, facilitates transactions and interactions that occur in real life with complete transparency.

Blockchain technology, which started with Bitcoin in 2009, has gradually developed and has led to the development of new platforms. Next, digital smart contracts were born, and numerous DApps were created based on them. The scope of application of blockchain technology such as DeFi, a decentralized financial service, NFT, a non-fungible token, and Metaverse that connects the virtual world and the real world has been very wide, and the growth potential is limitless.

Mammoth mainnet is like building a new special economic zone with more preferential treatment and less regulation. From the time of planning, it is necessary to consider scalability according to the purpose of urban planning, technical skills and financial power are basic requirements. It can be seen as a business that requires a lot of human capital for system construction and maintenance. Mammoth meets all these requirements.

  • Mainnet = City/Town
  • DApp = Building
  • Gas Fee= TAX/Utility bill
  • Transaction = Road/Street
  • Bridge = Airport
  • Network Error = Traffic Jam
  • Ways to improve road conditions? Web3.0
  • How to improve the environment? IPFS Technology

Mammoth wants to be reborn as an excellent platform for international finance and accelerating. The more activities within the Mammoth Chain are activated, the more gas fee will be used, which will increase the value of MMT. In addition, as the ecosystem expands and users increase, Total Value Locked(TVL) will also increase.

Unlisted

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