[ICO] (MDX) Modex - Smart Contract Marketplace - Pre-sale begins 9/28
Website: https://www.modex.tech/
Whitepaper: https://www.modex.tech/documentation/whitepaper.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=2194085.msg22032594#msg22032594
Twitter: https://twitter.com/modex_tech
Facebook: https://www.facebook.com/Modex-247686955740236
Youtube: https://www.youtube.com/channel/UCQF4LZwJU68xlQaklK-wGeQ?view_as=subscriber
Telegram: https://t.me/joinchat/GNE4JQxWumaWJxaSn3ksMw
Slack: https://join.slack.com/t/mmx-io/shared_invite/MjIwMzk2NjA3NjAwLTE1MDE2NzM0NDYtMmVkMTlhNDQzOQ
Blog: https://blog.modex.tech
Linkedin: https://www.linkedin.com/company-beta/18200333
Modex is a Smart Contract Marketplace and app ecosystem that allows for easy, user friendly access to crypto-currencies and smart contracts alike. Developers can leverage Modex to monetize their skills and offer Smart Contract solutions to end-customers and contributors. The real-world community can easily find Smart Contracts that meet real-world needs, are already audited and secure, without having to scout developers and manage one-off development projects. Modex makes deployment of Smart Contracts significantly easier, faster and more cost-effective, speeding up blockchain technology adoption.
The MDX Token
The MDX token, based on ERC20, is the utility token for the Smart Contract Marketplace and app ecosystem. All blockchain services and product features within Modex will be paid for and remunerated in MDX. In the upcoming ICO Modex will be issuing MDX tokens that can be used to pay platform service fees, make smart contract purchases and gain access to a complete suite of APIs for decentralised transactions.
The Concept
Modex’s Smart Contract Marketplace combined with Modex’s payment ecosystem will allow for easy, user friendly access to blockchain technology -- crypto-currencies and smart contracts alike.
While some smart contracts will be very technical and highly specialized, requiring entire businesses to be built around a single sophisticated contract, many others will not be. Modex’s smart contract marketplace will be the Smart Contract App store for developers to upload and sell their work, and for buyers to purchase them. The Modex Smart Contract Marketplace will support APIs for 3rd party apps to integrate with, so that smart contracts can easily be deployed through an ecosystem of apps that enable buyers to deploy smart contracts and solve real world problems.
How Modex Works
- A developer creates a smart contract to publish on the Modex Smart Contract Marketplace -or- they can receive a commissioned project from a Modex buyer. There is no listing fee for smart contracts.
- Modex will let developers choose to open source their work for peer-review and pen testing -or- select from proven auditors who they can trust. In either case, auditing and pen testing will be rewarded by MDX token bounties.
- The contract will then be deployed in the store -or- to the client who commissioned the work.
- Buyers will be able to purchase, using MDX tokens, the use of the smart contracts listed in the Smart Contract Marketplace.
Why an Initial Token Sale:
The Modex team already has substantial funding and market traction in place. This is evident considering that the Moneymailme multi-currency wallet is in commercial use with a growing international user base and there is a multi-crypto currency update scheduled for release later this fall. Additionally the recently launched M3 payments gateway services is now ready for commercial use.
Modex recognized a clear market need and opportunity to bring this ecosystem together with the smart contract marketplace; building on top of our existing applications for an easy path to deployment. Moreover,it did not make sense to continue pursuing traditional venture capitalists. Token sales offer a myriad of additional benefits, for both the investor and user communities alike.
Modex’s product philosophy and marketing philosophy mirror one another, as both closely track social trends. Our marketing approach is all about community engagement and empowerment, through an organized ecosystem of developer tools, consumer applications, and incentives. Given that there are a number of other great organizations who are working to address the very real liquidity challenges (e.g. Comit, Bancor, etc), that we can simply partner with, Modex can focus its efforts on the smart contract marketplace to bridge the gap between businesses, developers, and real-world users. The applications and smart contracts empowered by the Modex marketplace will increase blockchain adoption and our team has previous experience working in this space.
We are confident that our approach will significantly advance market adoption for smart contracts, blockchain technology, and thus cryptocurrencies alike, serving many in need around the world.
Token Sale Official Website: Visit Us At: www.modex.tech
Token Sale Schedule:
Modex Official Initial Coin Offering “ICO” Announcement: September 8, 2017 Modex Pre-Sale: September 28th, 2017 (open to the public)
Modex Initial Coin Offering: Starting October 8th, 2017 (open to public) Modex Pre-Sale: Sept. 28th 2017
The pre-sale event will be open for 10 days, starting at 9am Central European Time CET.
Modex Initial Token Offering: October. 8th 2017
The initial coin offering will be conducted over 30 days, in 3 stages. Every ten day cycle the token price will increase. The 30 day event will start at 9am Central European Time CET. Once the first “stage” is complete the next stage will begin, following the conclusion of that 24hour cycle. Therefore, if the first stage completes within the first 2 hours, the next stage will begin at 9am the next morning.
Sale Process & Pricing:
During the token offering of Modex’s MDX we will accept: Ethereum, Bitcoin, All ERC20 Tokens, and many other cryptocurrencies listed on our webpage. Private sales will accept fiat currency. Participants in the private sales and pre-sale will be subject to a lock up period, where their tokens are delivered over time, following the completion of the ICO.
When a contributor sends ETH, or BTC to Modex, upon the funds being received in Modex’s wallet, Modex will then take a spot price (from CoinMarketCap) of the cryptocurrency that was sent to Modex, and it will convert the cryptocurrencies value (at the spot price) in USD. and allocate the corresponding amount of MDX tokens to the contributors wallet.
Tokens will be delivered to the purchaser upon completion of the Initial Token Offering. Any unsold tokens will be “burned”.
Team and Partners
We are a team of experienced professionals spanning numerous industries. Our core expertise includes banking and ?nancial software including formers from Oracle, Unisoft, Temenos, and Deloitte. Our team and advisors have built and exited various successful startups, held senior positions in top Fortune 100 companies, with a collective experience that spans a variety of industries including (but not limited to): telecom, tech, retail, wholesale, mobile & Commerce, entertainment, marketing services, and of course the blockchain industry.
Past Experience
Developed as a design driven innovation project on the blockchain infrastructure, evolving from Moneymailme, the award winning “ Best Social Payments App in the UK”, the Modex platform is a decentralized payments infrastructure that leverages access to the blockchain with ready-to-use integrations and APIs.