Mileage to Opportunity, also known as M2O is a finance platform based on blockchain that seeks to use the hidden mileages around the world to create a new ecosystem. The system will comprise of merchants, individual users and businesses to capitalize on the market’s existing mileage and points systems for use in areas such as accommodation, retail and transport.
The purpose of the Ethereum-based platform is to help users find hidden mileage and switch it to a single M2O ‘point’ through its electronic wallet. Tokens can also be used by any kind of merchant in the world which has an affiliation with a cash credit point system. It is expected that the value of the M2O token will increase.
Businesses can benefit by using the Mileage Promotion System which will help towards a business’s profit and to help build customers' loyalty. Companies will also be able to build big data through using M2O and create mileage partnerships.
M2O wants to become the world’s first ‘mileage bank’ and the most influential blockchain ecosystem with powerful business tools. ‘Opening an era where hidden mileages become assets’, something it says could not happen without the existence of blockchain and cryptocurrency.
The Initial Coin Offering will run from October 29th until November 23rd. The total amount of tokens is 35,000,000,000 and the initial token price is $0.0100. 1 ETH = 30,000. For more details on the M2O crowd sale, visit the website.