Modern Finance Chain

 

 

Modern Finance Chain

Modern Finance Chain (MF Chain) is building the future of cryptocurrency today. A smart contract platform with merchant payment processing integration. MF Chain is bringing the first ever rewards program for both consumers AND merchants. Rewards earned are paid in the native MFX token affording the merchant and consumer freedom of choice on how they would like to spend their rewards. No rules, no additional fees, no small print terms and conditions; all decentralized and powered by the blockchain. Freedom.

 

MF Mainnet

What is the MF Mainnet?

The MF Mainnet is the greater vision of MF Chain. With a suite of solutions, the MF Mainnet is designed to connect users, merchants and the entire crypto-community on a blockchain that embraces all technology. The MF Mainnet will be a hybrid dBFT/POS consensus method.

When will the MF Mainnet launch?

Currently scheduled for launch in Q2 2019, the MF Mainnet will be a unique public blockchain platform. Coinciding with the launch of the MF Mainnet, there will be a live token exchange event with MFX tokens converting to MFM tokens on a 1:1 ratio. MFF tokens will also be introduced to the market. The MFF token (Modern Finance Fuel) will be the token for all transactions and replace the MFX tokens in the MF Chain rewards program.

Existing Merchant Payment System Market

  The worldwide portable installment advertise is anticipated to surpass $1 trillion by the year 2019. This projection is bolstered by a developing buyer inclination for computerized installment frameworks and the broad increment of utilizing cell phones to pay for merchandise and ventures.
  As the quantity of elective installment composes has developed, customary methods for online installment, similar to Visas, are on the minimization as they are battling with rivalry that offers higher ease of use, greater security, and lower costs. As Koley reports, despite the fact that the virtual duopoly of Visa and MasterCard is as yet encountering sound development rates (9.5% and 9.6%, individually) and remains the favored strategy for (disconnected) purpose of-offer (POS) exchanges, firms like JCB and UnionPay beat them by a wide margin (growing 20.7% and 44.8%, separately).
  This gives clues of adjusted shopper conduct including an apparent reasonable contrasting option to charge cards and a continuous change in the installment showcase. As beforehand talked about, PayPal, which was initially implied for encouraging eBay exchanges, is presently one of the real players in online installment. Furthermore, new firms that are home to totally unexpected enterprises in comparison to managing an account, similar to Google and Apple, offer arrangements that have just picked up an expanding level of client acknowledgment and dispersal among society and organizations alike.

MF Chain Business Model

  Building a public smart contract platform with merchant payment integration creates a complete and robust commerce which has a reciprocating effect across all channels involved. DApps launching on the MF Chain instantly benefit from the acceptance of their tokens at thousands of merchants worldwide. As the digital economy grows, so does the value of MF Chain.
  Projects approved for the Modern Finance Chain Innovation Incubator are supported by MF Chain on multiple strategic fronts: Access to the pre-built and audited smart contract library, an ICO launch platform that is multi-currency capable and development & marketing support. MF Chain will directly benefit from equity ownership in these projects.

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.

MFChain Vision

A digital economy where consumers can buy goods and services with any cryptocurrency at their favorite merchants. 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. A platform where developers are supported with multi-language compatibility and a library of smart contracts designed to promote rapid development and deployment. An ecosystem that embraces all blockchains into a digital utopia.

Token info

Token | MFX
Platform | Ethereum
Type | ERC20
PreICO price | 1 ETH = 10,150 MFX
Price in ICO | 1 ETH = 8,500 MFX
Tokens for sale | 306,000,000

Investment info

Min. investment | 0.1 ETH
Accepting | ETH
Distributed in ICO | 57%
Soft cap | 2,500 ETH
Hard cap | 33,000 ETH