Hi Steemians,

Today I want to talk about a project I've come across that is recently in its pre-sale ICO phase. The token being offered in this sale goes by the ticker $MFG. MFG will be the native token for SyncFab. So lets talk a little bit about SyncFab.

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SyncFab (MFG)

Who are they?

SyncFab are a manufacturing supply chain company founded in 2013. They have a working platform called SyncFab 2.0 which offers CNC services near you. Their decision to implement the MFG token into their industry was very intuitive and aims to solve many problems faced in the industry.

Who is their team & advisors?

The team of staff and advisors behind SyncFab is very sufficient. After completing a review, I could see that all staff had LinkedIn accounts and were real people. From strategists and technologists to blockchain developers, there is a large amount of combined experience.

In terms of advisors, I was very enlightened to see Jeff Berwick from The Dollar Vigilante to be among that list. Jeff among other advisors provides good clarification that the project is sound.

What is their goal?

SyncFab aim to create a world of decentralised hardware manufacturing by cutting out middlemen and connecting buyers straight to suppliers through smart manufacturing blockchain. By doing this, the procurement and supply chain processes will be greatly enhanced and streamlined. The aim to rectify burdens in the manufacturing industry by revolutionising the process with the support of smart contracts and digital apps (D'apps).

Whats the ICO Structure?

The ICO for the MFG token will consist of three goals. A minimum raise of 500ETH or 500KUSD which will be enough to generate the tokens and distribute them as well as get the base implementation started. A soft cap 30K ETH or 15M USD and a hard cap of 60K ETH or 30M USD. The total supply will be 1 billion tokens with 300 million being sold in the token sale (Approx. 30%).

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Extra Resources

I would be able to cover everything on the project in this article, however; I've created a video review on my YouTube channel which I will link below along with other helpful resources.

Youtube ICO Review (SyncFab & MFG) -

SyncFab MFG Token - https://blockchain.syncfab.com/
SyncFab 2.0 Working Platform - https://syncfab.com/
SyncFab 1 page review - https://blockchain.syncfab.com/SyncFab_MFG_One_Pager.pdf

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Conclusion

As always, invest at your own risk and do your own research. I am not a financial advisor nor is this financial advice. I'm simply sharing my thoughts on a project which interests me.

Thanks so much for your ongoing support. I will try to be more active on Steemit when I can. Please leave an up-vote and follow me if you havent yet. Make sure to also subscribe to my YouTube channel and check out my other social media accounts.

Cheers

TCG