MF Chain is a public smart contract platform with merchant payment integration.MF Chain is bringing to market the first ever rewards program for both merchant and consumers that allow users to earn rewards (in the form of the native MFX token) for purchases made or processed using the MF Chain payment solution.Currently in beta testing with full launch planned in Q3 2018. The greater vision of MF Chain, is the MF Mainnet. A direct commerce integrated smart contract platform with the goal of 10’s of thousands of merchants once live.
Introducing MFChain
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.
MF MAINNET
MF Mainnet will be like no other blockchain, catapulting its capabilities directly into the stream of commerce and allowing ICO and dApp projects to tap directly into this wealth. With a dBFT/POS hybrid consensus method, MF Mainnet will achieve consensus with minimal energy consumption and in an eco-friendly manner. Using an incentivized masternode offering, MFM will achieve decentralization with thousands of globally distributed nodes.
Multi-Blockchain Integration
MF Chain is building a multi-currency payment system, that is designed to allow easy merchant and user adoption while embracing all blockchains within its network. The result is a true decentralized and open source community where no coin can attain pre-eminence over the other. A community where no one coin is superior to another, rather a place where innovators and community users can utilize multiple blockchains to their relevant and most useful purpose. Our focus is to help blockchain economy to its true potential.
Verified Digital Identity
Digital identity includes specific information used to verify individuals, organizations, and machines, but in an electronic rather than a paper-based format. Achieving government compliance, when necessary, is imperative to operate within international standards for anti-money laundering and anti-terrorist guidelines. On the same note, MF Chain believes in protecting user privacy and anonymity. The MF Mainnet will be built to accomplish both. With user-controlled privacy features using zk-SNARKs, users will be provided complete freedom and dominance to control their transactional data. They will be in a position to decide what to share, and with whom to share. The MF Mainnet will offer privacy and regulation compliance ensuring sustainability and integration into government sectors.
Multi-Currency ICO Platform
Today’s smart contract platforms allow new projects to generate funds during live token generation events. However, in almost all cases this limits the project to accepting only one type of currency. The MF Mainnet will allow ICO projects to accept any number of cryptocurrencies during their live token generation events. An ICO will now have the ability to accept BTC, LTC, NEO, ETH, RPX, or almost any other major currency of their choice, during a live token generation event. MF Chain’s vision is to create a platform that is free from the limitations and barriers that are present in other platforms.
•Atomic Swap Cross-Chain Transactions
Atomic Swap is the ability for users to easily exchange one coin for another. MF Chain users will have this ability within their wallets providing them with the flexibility and control to easily transfer coins, on the go, without the need to access an exchange or transfer custodial rights of their funds to a third party.
Enterprise Level Private Blockchains
The MF Mainnet is currency agnostic. Meaning, it can run with or without a native token. Additionally, sidechain capability allows an organization to deploy proprietary code on private chains off the MF Mainnet. An organization can spin up nodes quickly with minimal resources using an Amazon Lightsail. We are empowering corporations, organizations and machines to use all of the features of blockchain while maintaining control of their proprietary systems.
•Virtual Machine - MFVM (Modern Finance Virtual Machine)
A lightweight VM with an ultrafast start time, intelligent features and simple stack hierarchy.
Multi-language Smart Contract Programming
Compilers and plugins for C++, C#, Java, Python, Node.js and Solidity allow both experienced blockchain developers and novice coders from most language backgrounds the ability to easily develop and deploy distributed applications on MF Mainnet.
Prebuilt Contract Library
Many projects spend their first weeks and months consuming unnecessary time and resources on building the smart contracts needed to launch their projects. MF Chain will provide the community a free and complete library of smart contracts, dApps, and blockchain tools that have been audited and verified through community review. MF Chain intends to streamline backlogs to allow developers to deploy public ready blockchain projects within hours.
Innovation Incubator
An accelerator designed to provide brilliant minds with the resources to conceptualize and build innovative technologies. Many nascent ideas often take years to materialize and this is particularly true for innovators who are struggling to find support and resources. With the innovation incubator, companies and individuals requiring additional resources can work directly with MF Chain to access the people, strategy, execution, and cash required for rapid project development and massive growth.
MFChain Vision
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.
Token info
Token | MFX
Platform | Ethereum
Type | ERC20
PreICO price | 1 ETH = 10,150 MFX
Price in ICO | 1 ETH = 8,500 MFX
Tokens for sale | 306,000,000
Investment info
Min. investment | 0.1 ETH
Accepting | ETH
Distributed in ICO | 57%
Soft cap | 2,500 ETH
Hard cap | 33,000 ETH
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.
To contribute and Know the progress of this offer, you may visit some of the following Links:
Website: http://mfchain.com/
Whitepaper: https://mfchain.com/wp/
Twitter: https://twitter.com/ModernChain
Facebook: https://www.facebook.com/MFChain/
Reddit: https://www.reddit.com/r/MFChain/
Medium: https://medium.com/@mfchain
Telegram: https://t.me/modernchain
ANN Thread: https://bitcointalk.org/index.php?topic=3264121.0
Author : butko
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1154983
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