MI:COIN: THE FIRST MAKEUP CRYPTOCURRENCY
We wish to change the traditional cosmetics business by integrating state-of-the-art technologies such as augmented reality, ambient intelligence, anti-counterfeit measures for fake products with the blockchain.
A makeup cryptocurrency called mi:coin (a ticker symbol: mgm) is issued to assist in the fair trade of cosmetic products and online content between producers and consumers. In addition, it will help to maintain the stable value of the mi:coin currency. The mi:coin is elaborately designed to tether to a basket, which consists of a combination of US Dollars, Euros, and precious metals like Gold.
Luxurious beauty products can be prevented from being counterfeited with our patented technology.
PREVENTING HAZARDOUS MATERIALS
By using blockchain and anti-counterfeiting technologies, illegal and hazardous materials are proactively monitored in a supply chain.
PREVENTING FAKE REVIEWS
Some reviews regarding the products and content can be manipulated by malicious users. By integrating reviews and users with a blockchain, our system can operate with fairness and transparency.
Cosmetic products and relevant makeup content can be affordably purchased via a direct deal in our marketplace.
SMART MAGIC MIRROR
A magic mirror is designed to replace an ordinary mirror by integrating augmented reality and ambient intelligence with a feature of Internet interconnections.
What is the meaning of mi:gram?
mi:gram is a combined word of mi (미(美), Beauty in Korean) and gram® (something that is written or in Greek; a message), thereby, signifying a beauty message.
Augmented Reality and Ambient Intelligence
Anti-Theft and Loss
Context Awareness and Mobile Networking
Anti-Cheating from Online Games
Security and Blockchain
Computer Vision and Robotics
Self-Organizing Network (SON)
Wireless Mesh Networking
People try to enhance their personal images through makeup. Desired personal images are different for each individual. Event though it involves the same individual, personal image can be different depending on the ambience (e.g., changes to the situation, moods, age, etc.). While we have been analyzing this psychology and reality, we have established a system and designed algorithms by analyzing the dynamic meanings of personal images.
Our augmented reality technologies have advantages to provide an optimal real-time makeup support by mutual mappings between personal image classifications and personal image rules. Our invention innovates traditional methods that can only provide an image of a standard model that does not reflect the user’s actual facial features. A makeup guide content can reflect the individual’s facial features. Therefore, the most accurate makeup support is possible with our technologies. Moreover, depending on the present circumstances and moods of the users and the real-time execution of a makeup supporting application, the makeup guide content can generate adaptively.
People have different facial appearances. Depending on the circumstances, locations, time, and emotions, desired personal images for each person may be different. Makeup can affect and create many influences on a personal image.The purpose of our invention is to propose a technology from which it can provide optimal makeup support by carefully considering the characteristics of a user’s personal image. Features for each individual’s personal image can be categorized and patterned. Therefore, this invention is closely required to examine mutual relationships between makeup and a personal image by categorizing and patterning the personal image’s features, and creating the rules to a personal image. Moreover, another embodiment of this invention is to respond to the diverse needs of the users. To sum it up, a makeup supporting method of this invention considers the personal image’s features that are wanted depending on the user’s circumstances, locations, time, and moods as well as the personal image’s unique features according to the user’s face and skin type. A personal image finally created by makeup changes on a daily basis. This invention emphasizes such realities and desires. An optimal makeup look that users want is frequently changing. In that case, a makeup supporting service that provides to its users also has to change. In this regard, a makeup supporting technology of this invention has dynamic features.
Some luxurious cosmetic goods such as perfume and skin care products can be manufactured and traded illegally. We devised an innovative idea, in which it does not demand significant costs nor a complicated process to implement because it does not change the current manufacturing process. This invention can simply be applicable to other products such as expensive liquors like cognac and whisky, handbags, golf clubs, smartphones, and more.
We propose a fast blockchain platform called Open HashGraph which is based on an asynchronous byzantine fault tolerance (aBFT) using a directed acyclic graph (DAG) instead of using an ordinary blockchain, in which it amounts to perform a tremendous number of transactions such as 150,000 transactions per second. On top of this monstrous platform, we will run various business services such as verifying counterfeit products, fake reviews and comments, and implementing a marketplace for trading contents, coins, products, etc.
Smart Magic Mirror
You may have watched the 1937 Disney classic, Snow White and the Seven Dwarfs, where the Evil Queen utters the famous line “Magic mirror, on the wall – who is the fairest one of all?”. Just like the mirror, we want to realize a modern-day magic mirror. We will realize a smart magic mirror as described in the fairy tale with an ordinary mirror that you can easily see from your surroundings by simply applying the generation of makeup guide contents and an ability to connect to the Internet. By giving a more elaborated pattern analysis and intelligence, we can even apply technologies and experiences obtained in a magic mirror to bathrooms, vanity tables, fitting rooms, and makeup retail stores. Furthermore, we plan to improve it as a medical mirror, from which it can promptly provide a physical checkup service to a patient in a hospital.
Many talents from various fields voluntarily joining mi:gram inc. for a successful business.
Se-In Choe, Dr.
Health/Beauty Consulting, General Surgeon/MD, Ontario, Canada
We wish to invite an extraordinary makeup artist.
Seyoung Choe, LL.B./J.D.
Legal Counsel, Co-inventor, Canadian Lawyer, Toronto, Canada
If you need more information about our business or want to give us feedback, please feel free to send us a message here.