Long live cryptocurrency!
What's the token about ?
MODERN FINANCE CHAIN (MFC) is a new cryptocurrency payment ecosystem that rewards both consumers and merchants for exchanging using their token. It seems a bit strange at first when you think about how they can achieve this. Actually your daily transactions already include fees for payment gateway and credit card processing between the merchant and the payment system vendor. To avoid these fees, instead of paying for these centralized payment systems, by applying the decentralized blockchain, the new cost effective payment system rewards users for using it. Merchants are rewarded a certain percent of their total cryptocurrency volume in the form of tokens. Consumers have to pay the merchant for the cryptocurrency payment service that allows them to spend any cryptocurrency at their favorite merchant. However they will be rewarded for using the MFC tokens. So it's kind of a win-win situation for both merchants and consumers.
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 Chain’s immediate goal is to become the foundation of commerce powered by the blockchain. Speeding adoption as cryptocurrency as a form of payment is critical to the growth of our industry. Launching initially as an ERC20 token built upon the Ethereum blockchain, MF Chain is bringing users the ability to transact using their favorite coins with merchants and earn rewards starting in 2018. MF Chain’s payment solution and rewards program is already in final stages of development with MVP set to release in April. Providing this solution is key for MF Chain and the cryptocurrency market, but not the only goal of MF Chain.
What about their token spesification?
1 MFI (Modern Finance Incubator) token in each of the first 5 ICO projects per 10 ETH
Max tokens per contributing address is 20 (based on the max contribution of 200ETH)
888 Max tokens
Token values will be pulled from a reserved pool of tokens for sale in each ICO
Each token will be equal in value
Tokens are transferable and sent to ETH wallet address provided during the ICO
Tokens will NOT be traded or listed on any exchanges
For more info, :
Website : http://mfchain.com/
Whitepaper: https://mfchain.org/wp/
FAQ : https://medium.com/modern-finance-chain/modern-finance-chain-faqs-d23cb2d8e5a1
Author: https://bitcointalk.org/index.php?action=profile;u=1362995
ETH adress: 0x722A1517F6b7d97A4b47755D20D39cA26B5C727B