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MODERN FINANCE CHAIN ico information

MODERN FINANCE CHAIN ico information

Bridging the cryptocurrency gap between merchants and consumers + a public blockchain smart contract platform.

MF Chain ICO Dates

Private Offer: April 5 - May 5

Presale: May 6 -  May 25

ICO: May 26 - June 25

OUR VISION

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

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

SMART CONTRACT LIBRARY

Prebuilt smart contract library

INCUBATOR

An Innovation incubator that provides brilliant minds with resources to bring their ideas to life

MODERN FINANCE REWARDS

Modern Finance Chain is helping the world adopt crypto as a currency by creating a global digital economy. Introducing the first ever merchant rewards program, now both consumers AND merchants can earn rewards.

1% rebate on all monthly purchases made using the MFX TokenFreedom to spend crypto without using an exchangeWaived surcharges when paying in MFX TokensOption to pay in multiple cryptocurrencies

Freedom from Merchant Banks and ProcessorsMerchant Rewards Program: 1% rebate on all cryptocurrency payments processedNo Chargebacks, Interchange Fess, Assessment Fees or Payment Gateway FeesNo ‘High Risk Merchant’ CategoryFiat ConversionsNew Market Reach

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.

FREEDOM. CHOICE. REWARDS.

FOR MERCHANTS

  • Freedom from payment gateway fees, credit card processor fees, credit card issuer fees
  • Freedom from credit card fraud
  • Freedom to accept multiple cryptocurrencies and earn rewards
  • Choice of how to convert cryptocurrency received. Set a percentage to keep or convert it all to cash
  • Choice of surcharges. Control what surcharges are necessary for your business to be competitive and successful
  • Rewarded by 1% crypto-back for all transactions processed.
  • Rewarded with the freedom of choice to pass savings on to the customer.

FOR CONSUMERS

  • Freedom to continue using their favorite wallet
  • Freedom to spend crypto without an exchange
  • Freedom from rewards programs with rules and limitations
  • Choice which cryptocurrency to spend
  • Choice of privacy settings. Users are in control of when they choose to share tx data.
  • Rewarded with 1% crypto-back from all purchases made using MFX
  • Rewarded by waived surcharges using the MFX Token
  • Rewarded by increased value in MF Chain as acceptance grows

FOR INNOVATORS

  • Freedom from isolated blockchain platforms
  • Freedom from expensive ICO launch services
  • Freedom to launch on a platform with multi-language compatibility
  • Choice of support services provided by MF Chain
  • Choice of how many and which cryptocurrency to accept in their ICO
  • Rewarded by instant integration to thousands of merchants
  • Rewarded with marketing and development resources
  • Rewarded by launching on a true open source smart contract platform set to drive cryptocurrency adoption

ICO INFO

SOFT CAP

2500 ETH MIN FUND RAISE

HARD CAP

33000 ETH ICO CAP

CONTRIBUTION CAP

MIN: 0.1 ETH
MAX: 200 ETH

PRIVATE OFFER

3500 ETH

(28M TOKEN ALLOCATION)

PRESALE

5000 ETH

1 ETH = 10,150 MFX
(36M TOKEN ALLOCATION)

ICO

24500 ETH

1 ETH = 8,500 MFX
(237M TOKEN ALLOCATION)

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.

50%

50% of the ICO funds will be used for the development and promotion of the project immediately following the ICO. The remaining 50% of funds are held in two escrow wallets.

20%

20% of the ICO funds will be frozen until the release of the MF Chain Payment System.
(requires escrow board approval for release)

30%

30% of the ICO funds will be frozen until full release of the MF Chain Mainnet.
(requires escrow board approval for release)

TOKEN ALLOCATION
521M MAX SUPPLY

DEVS & ADVISORS – 8% (40M)

DEVELOPER AND ADVISOR TOKENS WILL BE UNLOCKED ON A SLOW ROLLING QUARTERLY RELEASE ENDING IN Q2 2019

DEVELOPMENT – 19% (100M)

LOCKED TOKENS TO SUPPORT FUTURE DEVELOPMENT, OPERATIONS & MARKETING

PRESALE & ICO – 57% (301M)

MAXIMUM TOKENS AVAILABLE FOR PUBLIC PURCHASE

REWARDS POOL – 16% (80M)

REWARDS POOL & INCENTIVE PROGRAM

BONUS SCHEDULE

10% Bonus

10 ETH Contribution

Contribute 10 or more Ether to the project and you will receive a 10% bonus.

15% Bonus

25 ETH Contribution

Contribute 25 or more Ether to the project and you will receive a 15% bonus.

20% Bonus

100 ETH Contribution

Contribute 100 or more Ether to the project and you will receive a 20% bonus.

FUNDS ALLOCATION

EXCHANGE LISTINGS - 5%

TEAM - 5%

LEGAL - 5%

MARKETING - 30%

DEVELOPMENT - 35%

OPERATIONS - 10%

INCUBATOR - 10%

ROADMAP

Q4 2017 - Concept & Discovery

MFC founded
R&D blockchain options
Cryptocurrency market research
Fiat payment market research
Business plan created
Team recruiting commences

Jan 2018 - Initial Business Rollout

Smart contract development commences
Whitepaper first draft
MVP Ui/Ux developed
Wire frames built out and approved
Consumer crypto payment solution MVP development begins
Merchant backend console development begins
Marketing plan developed

Feb & March 2018 - Development Stage

Team build out
Full development team working on multiple sprints
Market research
Consumer & Merchant focus groups
Consumer & Merchant surveys
Website development
Whitepaper draft

April 2018 - Private Offer

Whitepaper released
Website launch
Private sale opens
Crypto community surveys
Crypto community focus groups
Marketing campaign kick off

May 2018 - Pre ICO

Pre ICO opens
BTC, ETH, MFC payments integration
MVP Release
Alpha software release
Beta testing merchants
Beta testing consumers

MEET OUR TEAM


Our team is comprised of high level programmers, mathematicians, cryptographers, PhDs and computer scientists.  You will find a partial list of our team below.

Viacheslav Shybaiev
Blockchain Lead
Benamara Oualid, PhD
Cryptographer
Piers Lawrence, PhD
Applied Mathematician
Kat Campise, PhD
Data Scientist
Jack Lloyd
Crypto & Security Expert
Nick Ivanov
Python & Crypto Dev
Serhiy Movchan
Web UI/UX Designer
Sergio Andronik
Project Manager















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