“Modern Finance Chain” — icoTokenReviews.com

icoTokenReviews about Modern Finance Chain:

Token MFX
Token Pre Sale price 1 ETH = 10,150 MFX
Price 1 ETH = 8,500 MFX
Country Saint Kitts and Nevis
Platform Ethereum
Website https://mfchain.com

Whitelist/KYC KYC & Whitelist
Token pre-Sale 6th May to 25th May 2018
ICO dates 26th May to 25th June 2018
Max supply of MFX 521,000,000
Soft cap 2,500 ETH
Hard cap for Final Sale 33,000 ETH
Restricted areas USA(ICO banned)
* more details below
Token Supply Breakdown Presale & ICO — 57% (301M)
Airdrop & Incentive Programs — 1% (5M)
Devs & Advisors — 8% (40M)
Merchant Incentive Program — 15% (75M)
Locked tokens to support development & marketing — 19% (100M)
Bonus 10 ETH : 10% Bonus
25 ETH : 15% Bonus
100 ETH : 20% Bonus

WHAT IS THE PROJECT ABOUT?
● Modern Finance Chain (MF Chain) is building the future of cryptocurrency. By partnering with processors and merchants, MF Chain will build upon the value of zero merchant fees while offering innovative rewards for consumers and merchants. MF Chain is specifically designed to build value for all parties involved in merchant transactions. We are helping to build a digital economy where consumers will have the ability to buy products and services via any cryptocurrency. This is facilitated through the implementation of a collaborative platform that includes app developers who will find a supportive environment with multi-language compatibility and a library of smart contracts available for deployment.

IDEA:
● 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.
● 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.

PROTOTYPE PRODUCT:
● They have released MVP in April 2018.

CONNECTIONS:
● They have partnered with Identity Mind and Tokensuit during the token sale process.
● Also they are in tests with Merchant Processors.

WHITE PAPER HIGHLIGHTS:
● Worldwide e-commerce sales are on a steady increase. In 2017, e-commerce sales surpassed $2.2 trillion, and that number is expected to double and reach $4.5 trillion by 2021.2 In terms of total market share, e-commerce comprised approximately 10% of the total global retails sales in 2017 and is expected to grow by another 5.4% over the next three years.3 Thus, e-commerce is on a steady uptick with respect to total global retail sales.
● 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.
● MF MAINNET

• 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 — Multi-language smart contract programming with compilers for C++, C#, Java, Python, NodeJS & Solidity
• PRIVATE BLOCKCHAINS- Enterprise level private blockchains that allow corporations to deploy proprietary code on private chains
• ATOMIC SWAP — Cross-chain transactions without the need for a centralized exchange or third party authority
• INTEGRATION — Multi-blockchain integration
• VERIFIED DIGITAL IDENTITY — Achieve government compliance when necessary with user-controlled privacy features
• MULTI-CURRENCY ICO PLATFORM — Allows ICO projects to accept any number of cryptocurrencies through live token generation events

● No Chargebacks
● No Interchange Fees
● No Assessment Fees
● No Payment Gateway Fees
● Near Instant Liquidity
● Rewards Program Pays the Merchant
● Easy Cross-Border Transactions
● New Opportunities — high-risk merchants can now accept digital payments without high fees or reserves
● Consumer requests to remit payment using cryptocurrency.
● Cashier enters the purchase total into MF Chain mobile device and shows the consumer an onscreen QR code.
● Consumer scans the code with any readily available cryptocurrency wallet app on their phone/mobile device.
● Rewarded with 1% crypto-back from all purchases made using MFX
● The transaction is confirmed in seconds.

Payment Solution:
● The MF Chain Android and iOS app makes any mobile device a fully functional POS station.
● Clean, simple and intuitive. Easy for merchants to adopt.
● Multi-Cryptocurrency support. Merchants can accept the crypto of their choice and earn MFX Rewards.
● Use any wallet to connect. Consumers don’t need special software.
● Merchants have the freedom of choice on how to process cryptocurrency payments. Instantly convert to cash, or keep a percentage of the payment in cryptocurrency.

HYPE SCORE:
● 25463 telegram users in short span of time.
● More than 12K followers on Facebook and 17.3K followers on Twitter.
● 3.9 Ratings as per ico bench

ROADMAP:
● Q2 2018: Beta Release of MF Chain Payment Solution
● Q2 2018: Partnership with payment processor
● Q3 2018: Full Release of MF Chain Payment Solution
● Q3 2018: MF Chain Rewards Program Full Launch
● Q3 2018: 250 merchants processing with MF Chain
● Q4 2018: MF Mainnet Whitepaper
● Q1 2019: 5000+ Merchants processing with MF Chain
● Q1 2019: MF Testnet Deployed
● Q2 2019: MF Mainnet Deployed
● Q2 2019: Live Token Exchange MFX to MFM Tokens
● Q2 2019: MFF Token Airdrop

LONG TERM PROSPECTS:
● They are going to be listed on most of the exchanges mostly by Aug 2018.
● MF Mainnet will be deployed in the second quarter of 2019.
● 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.
● Its long term value is defined by bringing to market the first ever merchant and consumer rewards program, providing new projects key resources and instant integration into commerce.

ADDITIONAL INFORMATION
● All tokens not sold during the ICO will be burned. If soft cap is not achieved, ETH sent to the ICO smart contract will remain locked until users request a refund transaction.
● MF Chain complies with all local restrictions and limitations. They don’t simply ban only the USA. There are several other countries that are banned such as Balkans, Belarus, Burma, Cuba, Congo, Cote d’ Ivoire, Iran, Iraq, Lebanon, Liberia, Libya, North Korea, Somalia, Sudan, Syria and Zimbabwe to name a few.
● They have decided to ban certain regions based on various reasons ranging from government regulations to high risk terrorist regions. These decisions are final and they use the best technology available to restrict any contributions from these regions. If you attempt to participate in the Modern Finance Chain ICO from a banned region, you will receive a notice and your access will be restricted.