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Description

Description


Modern Finance Chain (MFChain) is a smart contract-based platform with merchant payment processing integration. MFChain allows users to transact using their supported favorite coins, based on a zero-fee model along with a merchant rewards program.

MFX token is an Ethereum-based (ERC20) cryptocurrency developed by the Modern Finance Chain platform. The native MFX token can be used to receive rewards payments, affording the merchant and consumer with the choice on how they would like to spend their rewards.

Full Name MFChain (MFX)
Start Date 2018-05-04
Algorithm ETH Token
Proof Type N/A
Website https://mfchain.com
Twitter @ModernChain
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Modern Finance Chain (MFChain) is a smart contract-based platform with merchant payment processing integration. MFChain allows users to transact using their supported favorite coins, based on a zero-fee model along with a merchant rewards program.

MFX token is an Ethereum-based (ERC20) cryptocurrency developed by the Modern Finance Chain platform. The native MFX token can be used to receive rewards payments, affording the merchant and consumer with the choice on how they would like to spend their rewards.

Team:

  • Craig Neil: CEO. 
  • Jayson Rellis: President. 
  • Brian Rankin, MBA, CISSP: VP of Banking Integration, Senior Advisor. 
  • Naviin Kapoor: Head of Blockchain Integration Asia & Middle East. 

MFChain ICO will begin on T.B.A. The ICO token supply represents 57% of the total token supply, so there is a total of 301,000,000 MFX tokens available, for 0.0001176471 ETH each. The ICO funding target is 2,500 ETH, the funding cap is 33,000 ETH and is expected to end on T.B.A. or when the funding cap is reached. Any unsold/remaining tokens will be burned.

Token Reserve Split (43%):

  • 19% Locked tokens to support development & marketing;
  • 15% Merchant Incentive Program;
  • 8% Devs & Advisors;
  • 1% Airdrop & Incentive Programs.

MFChain ICO campaign features the following bonus structure.

Bonus Structure:

  • 10% On buys from 10-24 Ether;
  • 15% On buys from 25-99 Ether;
  • 20% When buying 100 ETH or more.
ICO Status Upcoming
Token Supply 521000000
Start Date 2018-10-15
End Date 2018-12-15
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.000118
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Saint Kitts and Nevis
Legal Advisers Ankita Sambyal
Blog https://medium.com/@mfchain
White Paper https://mfchain.com/wp/
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