SyncFab project, Blockchain powered Manufacturing System. this project are decentralizing the manufacturing industry through direct transactions between buyers and hardware manufacturers on the blockchain with manufacturing industry and are reshaping supply chain management through a public, direct peer to peer manufacturing ecosystem. with Syncfab you can have buying directly connect to your manufacturing facility and facilitate payments between the two parties. Payments to one another are guaranteed through SyncFab smart contracts and give the owners full control over pricing and capabilities of the deal. With blockchain technology Syncfab can create direct business relationships between manufacturers and suppliers. Syncfab platform host supply chain management tools to organize track and procure local parts production for manufacturers, and allow people to access local machine shop capabilities. Since 2013 already connected thousands of purchasing departments and individuals to fabrication and manufacturing facilities to get them the tools or supplies that they need. Syncfab received a 97% inception score based on a montecarlo wrapped machine learning algorithm from New York University which analyzed more than 6000 start-up founders based on education, work & start-up experience and personality through artificial intelligence analysis of their digital footprints. It really is the team who will make or a break the success of a project. The MFG Token is a utility token used on the SyncFab platform to reward purchasers and manufacturers, make payments, protect intellectual properties, promote trust and transparency through the execution of smart contracts on the blockchain. Manufacturing industry technology is now very significant, with robotics, sensor, large data, artificial intelligence, and real augmented systems built, successfully connecting digital and physical manufacturing technologies through robust and reliable networks.
MFG tokens, so let’s break down the ICO details. Out of a total supply of 1 billion MFG tokens, 30% or 300 million are going to the tokensale, 30% are going to the partnership adoption pool, 15% will go to syncfab’s development team, 10% will go to the leadership team and for bounties, and 15% will go to Smart MFG Tech Limited. While the minimum funding is 500 Ethers, the soft cap of 15,000 Ether will allow them to fund the development.
The MFG Token will be integrated into the SyncFab platform, which has a strong network launch platform built from public-private partnerships. The token is based on the Euthereum platform. The token will be used to execute smart contracts, incentivize and reward buyers and manufacturers who will place part production orders within SyncFab and Smart Manufacturing Blockchain.
Token Name: MFG
Token Price: 1,250 MFG = 1 ETH
Tokens Available for Sale: 300,000,000 MFG
Payment Method: Ethereum
Minimum Goal: 500K USD (500 ETH)
Soft Cap: 15M USD (3oK ETH)
Hard Cap: 30M USD (60K ETH)
Total of 1,000,000,000 MFG will be available.
Presale: The public pre-sale date of the MFG token will begin on January 15, 2018.
During the public sale of tokens, 1 ETH = 1562.50 MFG.
Bonuses: Any purchase of a token during this period will have a 25% bonus.
ICO: The main sale date of the MFG token will begin on February 15, 2018.
with SyncFab will give innovations to a considerably quicker and less complex buying process. This for the most part likens to a substantially littler statement contrasted with those got from purchasers without SyncFab.The development of a decentralized system of store network administration.
Public promoted SyncFsb video:
For more information follow link below:
Website: https://blockchain.syncfab.com/
Whitepaper: https://blockchain.syncfab.com/SyncFab_MFG_WP.pdf
Telegram: https://t.me/syncfab
Twitter: https://www.twitter.com/syncfab/
Facebook: https://www.facebook.com/syncfab/
author : visixom
btt link: https://bitcointalk.org/index.php?action=profile;u=1197250
