Modern Finance Chain

in blockchain •  7 months ago

Halo stemian, today i will review about Modern Finance Chain this is the review


VISION

A digital economy where consumers can buy goods and services with any cryptocurrency at their favorite merchants. In a place where visionaries and creators can collaborate to launch innovative distributed applications in a world that relies on trustless transactions in any currency of their choice. On a platform where developers are supported with multi-language compatibility and a library of smart contracts designed to promote rapid development and deployment. In an ecosystem that embraces all blockchains into a digital utopia.

Modern Finance Chain allows consumers to purchase goods and services from merchants creating a cost-effective cryptocurrency payment ecosystem that rewards the consumer as well as the merchant. We are creating a sustainable cryptocurrency payment system that consistently adds value for merchants and consumers, thus counteracting the payment system problems associated with traditional merchant-consumer payment transaction protocols.

Modern Finance Chain is helping the world adopt crypto as a currency by creating a global digital economy. Starting with a payment solution and rewards program for merchants and consumers that makes it easy to embrace cryptocurrency payments.

The greater vision of Modern Finance Chain is the MF Mainnet with intelligent features.

  • MULTI PROGRAMMING LANGUAGES
  • PRIVATE BLOCKCHAINS
  • ATOMIC SWAP
  • INTEGRATION
  • VERIFIED DIGITAL IDENTITY
  • MULTI-CURRENCY ICO PLATFORM
  • SMART CONTRACT LIBRARY
  • INCUBATOR

MODERN FINANCE REWARDS
Modern Finance Chain is helping the world adopt crypto as a currency by creating a global digital economy. Introducing the first ever merchant rewards program, now both consumers AND merchants can earn rewards.

  • 1% rebate on all monthly purchases made using the MFX Token
  • Freedom to spend crypto without using an exchange
  • Waived surcharges when paying in MFX Tokens
  • Option to pay in multiple cryptocurrencies

  • Freedom from Merchant Banks and Processors
  • Merchant Rewards Program: 1% rebate on all cryptocurrency payments processed
  • No Chargebacks, Interchange Fess, Assessment Fees or Payment Gateway Fees
  • No ‘High Risk Merchant’ Category
  • Fiat Conversions
  • New Market Reach

ICO PROJECT GUARANTEE
Multi-signature escrow is a way of locking funds allocated in the ICO until specific conditions are met. This method allows for a guarantee to ICO contributors that certain development milestones in the project are achieved. The team will not be able to spend the funds raised during the ICO until the obligations for development are fulfilled. 50% of ICO funds will be locked. 20% of the funds will be locked until the MF Chain Payment System is fully developed and released. 30% of the funds will be locked until the release and deployment of MF Mainnet.

This escrow arrangement is handled directly on the blockchain through the MFX ICO smart contract. Funds are distributed and locked accordingly, live for each ICO contribution transaction.

  • 50% of the ICO funds will be used for the development and promotion of the project immediately following the ICO. The remaining 50% of funds are held in two escrow wallets.
  • 20% of the ICO funds will be frozen until the release of the MF Chain Payment System.
  • 30% of the ICO funds will be frozen until full release of the MF Chain Mainnet.

ICO info

  • SOFT CAP
    2500 ETH MIN FUND RAISE

  • HARD CAP
    33000 ETH ICO CAP

  • CONTRIBUTION CAP
    MIN: 0.1 ETH
    MAX: 200 ETH

  • PRIVATE OFFER
    3500 ETH
    (28M TOKEN ALLOCATION)

  • PRESALE
    5000 ETH
    1 ETH = 10,150 MFX
    (36M TOKEN ALLOCATION)

  • ICO
    24500 ETH
    1 ETH = 8,500 MFX
    (237M TOKEN ALLOCATION)

Funds Allocation

Conclusion
This is just my review about the project, if you still not statisfied you can visit the link below to know more information about them.

Detail Informations

Website : https://mfchain.com/
Whitepaper : https://mfchain.com/wp/
Telegram : https://t.me/modernchain
Twitter : https://twitter.com/ModernChain
Facebook : https://web.facebook.com/MFChain/?_rdc=1&_rdr
Author : kokowannabe
MyBitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1692321

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