Introduction

Crypto assets refer to intangible assets that are created using distributed ledger technology or similar technology and distributed over digital networks, but are not considered fiat money, legal money, electronic money, payment instruments, securities or other capital market instruments.

Along with the development of technology, crypto assets have started to become more popular day by day.Crypto assets, which can be used in many areas, have expanded their usage areas and steered different sectors.In an increasingly digitalized world, the changing and transforming end-user behavior has prioritized the need for a sharing and experience ecosystem. Interactions are now; Apart from the match day, it takes place whenever the “participant community” wishes,in the medium desired, and it becomes more and more personal.It is foreseen that companies, teams, etc. that successfully complete this digital transformation process will be able to get more contribution by using the power of their fans.

Tokenomics

 Maximum Supply: 100.000.000

Pre-sales: 40.000.000

Approval System

Proof of Authority (or PoA) is an algorithm that presents a more flexible blockchain consensus mechanism as an alternative to Proof of Work and Proof of Stake, performs better in regards to the transaction capacity per second, and provides a consensus mechanism based on the reputation of the validator itself.

In Proof of Authority based networks, transactions and blocks are validated by approved accounts, known as “validators”. Validators run software that allows them to put transactions in blocks. This process works automatically and validators do not need to constantly monitor their computers. However, the computer, namely the authority node, must remain uncompromised.

To be a validator, people must earn and deserve it and maintain the position they have earned. Validator are encouraged to support the transaction process by adding a reputation to their identity. On the other hand, Proof of Authority only allows any non-consecutive block approval from any validator. PoA is a very suitable algorithm in terms of reliability and performance for private networks and public networks such as PoA networks where security is important.

Security

Proof of Authority is an algorithm used with blockchain technology that provides a consensus mechanism based on the identity of a stake to execute relatively fast transactions. With the increase in the number of approval mechanism stakes, the security mechanism continues to strengthen itself. All project owners on Bitcichain are entitled to be consensus partners and contribute to ensuring network security.

Data Security

The processing of MCL user data will be carried out within the scope of the General Data Protection Regulation to the extent applicable, in accordance with the the Personal Data Protection Law No. 6698 and the relevant legislation (“KVKK”). MCL attaches maximum importance to the privacy and data security of its users and fulfills the current legislation requirements regarding the protection of personal data.

 All personal data received from users are stored on servers that can be accessed via VPN connection and cannot be accessed in any way except by authorized persons.

MCL securely stores the data provided by you for the period specified in the relevant legislation and takes all necessary measures to prevent unauthorized access or collection of the information you share as required by KVKK and applicable legislation.

Legal Information

SINCE IT CONTAINS IMPORTANT INFORMATION, WE RECOMMEND THAT YOU READ THIS LEGAL WARNING CAREFULLY AND SEEK ADVICE FROM YOUR LEGAL, FINANCIAL, TAXATIONAL OTHER PROFESSIONAL ADVICE ON THE SUBJECT, IF NEEDED.

All the features and applications in the Bitci ecosystem as stated in the MCL and White paper are not intended to be recognized as a security-qualified asset in any jurisdiction, and are not an offering of securities, nor are they intended to gather a solicitation for investment in securities. The White paper, which contains technical and operational information about MCL, does not contain investment advice and is not a legal requirement.

The White paper does not constitute a legally binding agreement or legal commitment for both MCL and MCL-creative company (“Bitci Teknoloji A.Ş”). Any transaction regarding the sale or purchase of MCL shall be valid only after the signing of the agreements to be prepared by the Company and the submission of other necessary documents (“Final Documents”). In the event that there is a conflict between the Final Documents and the White paper, the regulations in the Final Documents shall be applied.

No regulatory or administrative authority or government, regardless of jurisdiction, has reviewed or approved the MCL structure or any information specified in this White paper. The publication of the White paper may not be regulated in the legislation in force in the relevant jurisdictions, and it may constitute a violation of the applicable legislation as well. As with all MCL Token applications, MCL also poses high legal risk and uncertainty, in addition to its potential for return due to the application differences of MCL Token and blockchain technology in jurisdictions and other technological developments. You have the sole initiative and responsibility to assess and invest these risks. Additionally, no part or copy of this White paper should be taken or transferred to any country where the sale or distribution of this White paper or MCL is prohibited or restricted.

In particular, you cannot purchase MCL provided that you are (i) a citizen, resident or green card holder of the United States (“USA”) and do not have the right to be an “accredited investor” under US law, or (ii) you are a citizen or resident of the People’s Republic of China, or (iii) you are a citizen or resident of one of the countries subject to US sanctions.

To the fullest extent permitted by the applicable legislation, MCL, Company, Company board members, stakeholders, employees, contractors, consultants or affiliates do not make any guarantees or commitments regarding the predictions and projections contained in the White paper, and additionally, they do not accept any responsibility for the up-to-datedness and accuracy of the information in the White  paper or for the White paper in general. In this regard, the Company has the right to alter the information contained in the White paper at any time.

This White paper may contain forward-looking statements regarding MCL’s activities and projections that have not yet actualized. Such forward-looking statements may differ significantly from actual future results, performance or achievements with respect to MCL.

In the light of the above explanations, you accept that you are solely responsible for the damages that you may incur in White paper, MCL or in connection with them (including but not limited to loss of income or profit, loss of use or data), and that MCL, Company, Company board members, stakeholders, employees, contractors, consultants or affiliates are not liable for these claims or damages. This White paper does not constitute a partnership, business relationship, license, profit and loss partnership, joint venture relationship between Bitci and you. In addition, the profit given by Bitci to any person or institution shall not be interpreted as a partnership, business relationship, license promise. MCL and other Bitci products or services are not a capital market or banking instrument, stock, security, investment contract.

This White paper is subject to the legislation of the Republic of Turkiye. All disputes regarding the White paper shall be finally and exclusively resolved by Istanbul (Anatolian) courts and enforcement offices.