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MFChain – ICO Detailed Information


ICO MFChain
MFChain Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start April 1, 2019
End May 31, 2019
Rating 3.6
Status
KYC Yes
Founded
Categories Finance
Whitepaper No
Discussion

MFChain Overview

ICO description, Technical Details and Documents

For years now, cryptocurrency enthusiasts have hoped for mass adoption that would allow them to actually use their digital assets. Using crypto for something more than trading and cashing out has been the dream of everyone involved with space, especially since digital coins stepped out of the shadows back in 2017.

It has been two years since the real hype began, and while there has been some serious progress — cryptos are still nowhere near mass adoption. There are now many online merchants that will accept crypto payments, and even crypto cards can be used almost anywhere, provided that you are willing to pay massive fees.

Even so, entering the mainstream still lies in the future, and large fees are certainly one of the reasons. Another reason is the fact that many still do not even know about cryptos. Others who do, might feel intimidated by the processes and requirements of operating the new asset. They need to learn and understand wallets, exchanges, transactions, and even blockchain itself in order to feel comfortable with them. But in the end, all of this can be achieved or bypassed by simplifying the process. Large fees remain a problem, especially when it comes to merchants. This is something that Modern Finance Chain wishes to change.

About Modern Finance Chain


Modern Finance Chain, or MFChain, is a project that is creating the most cost-effective crypto payment ecosystem in the world. The ecosystem would reward all participants, be they consumers or merchants. Its immediate goal is to become the foundation of blockchain-powered commerce, and allow coin holders to use their favorite cryptos for making real-world purchases, and at zero-fee, at that.

The project also works on its MainNet, which would use the BFG/POS consensus model, as well as a new masternode incentivization protocol. It will also allow the development of enterprise-level permissioned blockchains, atomic swap cross-chain transactions, verified digital identity system, multi-chain integration, and more.

Finally, MFChain's long-term value will come with the innovation incubator, which would provide a helping hand to new projects and startups. The project clearly has a lot on its plate, and there is yet much work to be done. But, the firm appears ready to meet the challenges, and it already launched its own token.

MFChain ICO details


Modern Finance Chain held its ICO back in 2018. Its preICO started on May 5th, 2018, and ended on July 31st. After a brief pause, the project held its token sale from October 15th until December 15th, raising only $209,000 in the process.

Its token, MFX, is a utility token, developed on Ethereum's platform. This makes it yet another ERC-20 token, which it will remain, at least until the project launches its own MainNet. Its ICO price was $0.0247 per 1 MFX, while minimum investment was 0.1 ETH. ETH was the only coin that the project accepted in exchange for their token.

Their soft cap was at 2,500 ETH, while the hard cap was at 33,000 ETH. For a time, it seemed like the project might make considerable earnings, as ETH price was over $220 when the ICO began. However, towards its end, the price of Ethereum dropped to $86, which likely had an impact on the low earnings when the token sale ended.

The project was registered in Saint Kitts and Nevis, and the only restricted area was the US.

Author: Ali Raza for Crypto-Rating.com

MFChain Milestones

* Crypto Rating accepts no liability for any errors in the MFChain ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap Volume 24h
1 Bitcoin (BTC) BTC Bitcoin predictions 87.6% 18 $47 909.19 1.25% 6.49% $901 641 061 708 $28 050 036 805
2 Ethereum (ETH) ETH Ethereum predictions 74% 50 $3 403.28 -0.03% 4.43% $400 159 822 847 $15 622 649 240
3 Cardano (ADA) ADA Cardano predictions 70% 67 $2.35 0.60% -7.85% $75 357 799 161 $2 088 968 420
4 Binance Coin (BNB) BNB Binance Coin predictions 63.6% 70 $407.56 0.47% 1.25% $68 526 382 470 $1 286 561 409
5 Tether (USDT) USDT Tether predictions 91.2% 1 $0.999719 -0.01% -0.08% $68 273 294 138 $59 325 016 988
6 Solana (SOL) SOL Solana predictions 56% 90 $169.00 15.95% -4.00% $50 188 146 941 $5 525 090 300
7 XRP (XRP) XRP XRP predictions 69.2% 60 $1.069665 -0.34% 0.13% $49 870 165 652 $2 257 392 576
8 Polkadot (DOT) DOT Polkadot predictions 63.2% 81 $33.88 2.15% 6.78% $33 459 890 032 $1 816 386 745
9 Dogecoin (DOGE) DOGE Dogecoin predictions 62% 75 $0.239076 -0.82% -0.97% $31 399 746 530 $979 904 892
10 USD Coin (USDC) USDC USD Coin predictions 93.6% 1 $0.999641 -0.02% -0.06% $29 376 366 391 $2 105 784 383
11 UniSwap (UNI) UNI UniSwap predictions 68.4% 63 $24.35 0.43% 8.39% $14 893 602 037 $286 321 085
12 Avalanche (AVAX) AVAX Avalanche predictions 68.4% 69 $67.04 -5.17% 18.67% $14 768 791 649 $1 846 054 630
13 Terra (LUNA) LUNA Terra predictions 66.4% 64 $34.44 -1.18% -11.44% $13 834 117 320 $717 648 404
14 Binance USD (BUSD) BUSD Binance USD predictions 92% 1 $0.999598 -0.01% -0.06% $12 808 404 518 $4 836 734 186
15 Chainlink (LINK) LINK Chainlink predictions 73.6% 52 $27.94 0.69% 4.33% $12 672 882 341 $1 023 457 767

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