ModulTrade - The Freedom To Trade

mastuying (30)in #ico • 6 years ago (edited)

freedom is a dream everyone's, started from a dream modultrade.io begin. By using blockchain technology, this latest platform wants to address the trade industry issues. With the ideas they build, it is likely to answer the problem. This is very classy of course. Must be supported in order to work with the maximum blockchain offers freedom and transparency, With the adaptation of blockchain technology to all exchange platforms included in this digital economic platform let me introduce ModuleTrade’s Value Ecosystem.

ModulTrade

ModulTrade is a user-friendly B2B-based trading platform created as a base for micro, small and medium enterprises . The two main technologies that make trading dominant Modules over the old way of trading are smart contracts, as a basis for trading directly and MTRC (Module of the ERR-20 Ethereal ModuleTrade to-Cart) as a payment instrument. ModulTrade as one of the pioneers in this field plans to improve the trade and finance industry by connecting millions of MSMEs and giving them the option of a safe, easy and efficient way of doing business.
With the ModulTrade platform all trading will be 100% guaranteed, efficient, fast and reliable. Perhaps the best part of ModulTrade is only 1% compared to the 15% average charged by banks for letter of credit. The ModulTrade team offers full support to traders with all its trade segments. You can count on it for Logistics, Payments, Insurance, financing, taxes, bookkeeping and more.

ModulTrade’s Value Ecosystem (“MVE”)
Leveraging on smart-contract blockchain-based technology, ModulTrade will build a value ecosystem for global trade, i.e. a digital networked value structure that is real-time, global, connected, digital and cost-effective, with features to support further fintech solutions developed by third parties.

MVE aims to connect participants to trade globally via four main components:

Blockchain based Smart-contract multi-sided platform (MTP): to replicate banks’ trade finance instruments (Letter of Credit and Guarantee) and to offer MVE participants this service in a trustful and cost-effective way while also connecting them to other services like logistic and insurance;
Trade related services platform: to simplify trade execution via 3rd party service providers (e.g. payments, logistic, financing, tax, bookkeeping);
Trade & Reputation network: to facilitate monetary transactions of MVE participants with in their reputation capital being a function of users reputable collaboration within the ecosystem;
Marketplaces: to find reliable counterparties globally and to make optimal choices of goods & prices.

The problems faced by MSMEs so that they can not compete and enter the global market are:

Lack of trust.
High entrance fee.
Difficulties In terms of access to funding
Create a network of MSMEs partnerships
The complexity of trade-related operations

Solution Proposed By Modultrade
ModulTrade aims to eliminate the main barriers for entry into global trade as well as:
Bringing together a comprehensive range of services for the full B2B trade cycles
Helping MSMEs meet, commit and execute trade globally easily, in a trustful and efficiently manner and
Introducing the MTRc ( ModulTrade token ) as an efficient instrument of value exchange in ModulTrade Ecosystem.

ModulTrade smart-contract Platform (“MTP”)
The main function of MTP will be to replicate banks’ trade finance instruments such as Letters of Credit ( LC ) and Bank Guarantees.
MTP will provide this functionality to MSMEs at a negligible price (cost of smart-contract execution on blockchain) if compared to 4–15% of the transaction amount charged by banks at the moment.

Banks take charge for providing Trust and for avoiding Manipulation.

Evolution of MTP

The next development stages will include integration of 3rd party service providers on t he level of active participants of the blockchain network forked by MVE. This integration will include functional agents such as:
- Insurance providers
- Trade financing lenders
- Logistics and shipment providers

The MTRc

The ModulTrade Crypto Token (MTRc), an ERC-20 token issued on Ethereum, is a key element of the new ModulTrade’s B2B multi-sided platform, that enables its users to connect to the ModulTrade platform and its ecosystem and to effect transactions.

MTRc shall be a premined token that will be distributed only during the pre-sale and Tokens sale campaigns. Therefore, the number of MTRc tokens will be fixed starting end of November, 2017 which will be guaranteed by the token smart contract.

Demand for MTRc is expected to be driven by MVE and by ModulTrade network growth. The more trade transactions are carried out through the ModulTrade network, the more MTRc demand will increase, thus improving the trade flows served within MVE

Distribution plan

There will be a limited supply of 100 million MTRc in total. Part of it will be distributed through Pre-sale and Token sale in 2017.

up to 10,000,000 tokens will be distributed during the Pre-sale .
30,000,000 tokens will be distributed during the Token Sale .

No more MTRc distribution will be done after the Token Sale ends.

The price of MTRc is set as follows:
Pre-sale price: 1MTRc = 1 : 700 ETH
Token sale price: will be not less than 1MTRc = 1: 700 ETH and determined 2 weeks prior to main Token Sale.