1. Name: Meconcash (MCH)
2. Origin: Developed by Mecon Community, a group focused on building a business ecosystem.
3. Blockchain Platform: Native blockchain, implying it operates on its own network.
4. Purpose: Designed for various applications including mobile app games, e-commerce, and peer-to-peer (P2P) cryptocurrency trading.
5. Consensus Mechanism: Hybrid Proof of Work (POW) and Proof of Stake (POS), combining elements of both systems for transaction validation.
6. Transaction Fees: Relatively low, which can attract more users due to cost-effectiveness.
7. Ecosystem Advantage: This hybrid system provides an advantage in building a robust ecosystem by balancing security and accessibility.
8. Recognition: Mecon Community was awarded the K-Global 300 Awards by the Korean Minister of Science, ICT, and Future Planning, recognizing their potential growth in the IT sector.
9. ATM Implementation: MeconCash plans to be integrated into approximately 13,000 ATMs across South Korea, a first for any cryptocurrency, by partnering with the largest ATM provider by late February.
10. Innovation: As the first cryptocurrency to be commercially implemented in such a widespread manner through ATMs, MeconCash represents a significant step forward in cryptocurrency accessibility and use.
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