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Key data
updated $0Market cap$5.24K
Volume 24h$1.02
Circulating supply82.26M46% of max 180M
MyBit (ticker MYB) is an Ethereum-based token that was created for a decentralized platform focused on investing in and managing ownership of revenue-generating assets, such as IoT devices and hardware. In simple terms, the project aimed to let people buy fractional stakes in things like solar panels or ATMs and receive a share of the income those assets generate. The MYB token served as the utility currency within that ecosystem.
Frequently asked questions
What is MyBit and how is it different from Bitcoin?
MyBit is an ERC-20 token built on Ethereum, whereas Bitcoin is a standalone blockchain with its own network. MYB was designed as a utility token for a specific platform — funding and managing ownership of income-producing assets — not as a general-purpose currency or store of value like Bitcoin.
How does MyBit work technically?
MyBit runs as a smart contract on the Ethereum blockchain, using Ethereum's consensus and security rather than its own chain. The official contract address is 0x5d60d8d7ef6d37e16ebabc324de3be57f135e0bc, and all token transfers follow the standard ERC-20 rules, so any Ethereum-compatible tool can interact with it.
How is the MYB token supply structured?
MYB has a fixed maximum supply defined in its smart contract, meaning no new tokens can be minted beyond that cap. The token was originally distributed through a token sale, with allocations for the team, development, and ecosystem incentives. Because the cap is hardcoded, the supply cannot be inflated later.
How can I store and use MYB?
Since MYB is an ERC-20 token, it can be stored in any Ethereum-compatible wallet such as MetaMask, Ledger, or Trust Wallet. You can send and receive it using the contract address, and it can be traded on exchanges that have listed it. Always verify the contract address before making a transfer to avoid fake tokens.