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MESE.io, the microequity exchange on the Algorand blockchain
MESE.io, the microequity exchange on the Algorand blockchain
Blockchain

MESE.io, the microequity exchange on the Algorand blockchain

By Marco Cavicchioli - 29 Sep 2020

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The International Blockchain Monetary Reserve (IBMR) has launched MESE.io, a microequity exchange based on the Algorand blockchain. 

It is a microfinance platform, created in partnership with ChainUP and Algorand, aimed in particular at emerging markets, and able to guarantee users a micro level participation in the global market of tech stocks. 

The objective is to bring financial inclusiveness to emerging markets, giving users the opportunity to take part in the trading of global tech stocks through a digital tokenization model that divides traditional stocks into microequity tokens with a representative value of one ten-thousandth (1/10,000) of the reference stock. 

This allows the creation of a microfinance stock market, which takes advantage of the stability of the most advanced markets while ensuring financial inclusion of emerging markets. 

MESE.io’s microequity tokens are decentralized assets on the Algorand blockchain that can be freely traded and held both inside and outside the platform. 

MESE.io, in addition to the Algorand blockchain, uses ChainUP’s latest cloud trading platform, and provides access to the MATTANG group’s tech stocks – seven titles similar to those of the FAANG group: Microsoft, Apple, Tesla, Twitter, Amazon, Netflix and Google.

At launch, it will be available to residents of non-US jurisdictions with a particular focus on emerging and developing markets. 

International Blockchain Monetary Reserve is a microfinance economic development agency founded to address global inequalities through the establishment of decentralized socio-economic structures. 

The managing director of IBMR.io, Sinjin David Jung, said: 

“Imagine trying to invest a single dollar in a way that would have any tangible return as an asset without being high risk? It’s virtually impossible. Even with financial inclusion, price point accessibility is not enough if the overhead fees of traditional finance are still in place like bank ATMs or agent fees. MESE.io’s microequity stock exchange solves this dilemma because these microequity tokens can be traded with their own price point. For example, an M-TSLA microequity token can have price guidance from the share price of TSLA, but for emerging market holders, M-TSLA microequity can also uniquely price in the value of having direct access to a de-risked long term asset and act as a hedge against financial instability. It isn’t about fractionalizing the current system, it is about creating new financial opportunities that work at the level of emerging markets where even a single dollar matters.

In 2016, the National Bureau of Economic Research (NBER) reported the top 10% wealthiest households own 84% of available U.S. stocks, but taken at a global level, that gap is even more extreme. We are aiming to advance microfinance by moving beyond microloans into microequity that can create wealth regardless of socioeconomic standing. Blockchain technologies allow for this by removing much of the overhead of financial administrative and infrastructure costs that prevent value from being accumulated at the microfinance level”.

Marco Cavicchioli
Marco Cavicchioli

Class 1975, Marco teaches web-technologies and is an online writer specializing in cryptocurrencies. He founded ilBitcoin.news, and his YouTube channel has more than 25 thousand subscribers.

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