The Molecule platform is an already operational network that brings car owners, market carriers and advertising market on one system. It is a car service aggregator that seeks to introduce decentralization into the car service industry. The platform features a CRM system of partners and clients that provides multiple services and enables cashless transactions. The system replenishes accounts, generate reports, makes payments and writes financial documents among other functions. Clients only haveShow more [+] to fund their wallets, then have bills deducted from the same after they have received car related services. They authorize payments using SMS service with their mobile phones. Companies advertise their products on the platform targeting existing clients.
The token used as the currency on this platform MOL is based on the Ethereum blockchain and is not premined. It has a total supply of approximately 19.7 million. 75% of these tokens were issued for the pre-ICO and ICO (Initial Coin Offering) which was held from July 15, to August 15, 2018. 8% of the tokens were held for the project's team and 10% reserved to run the platform. The token is now listed on Bit-Z exchange for trading.
Molecule's team comprise of professionals from various fields including programming, design and blockchain technology. They include the CEO Eugen Turun, Svetlana Hardisty, Blockchain Consultant, Kris Simoneau, Web Design and Wey Li, Blockchain Programmist.