So What is MF Chain?
Modern Finance Chain (MF Chain) is building the future of cryptocurrency. By partnering with processors and merchants, MF Chain will build upon the value of zero merchant fees while offering innovative rewards for consumers and merchants. MF Chain is specifically designed to build value for all parties involved in merchant transactions. We are helping to build a product through any cryptocurrency. This is a collaborative platform that includes app developers who will find a supportive environment with multi-language compatibility and a library of smart contracts available for deployment.
MF Chain 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 designed to promote rapid development and deployment. An ecosystem that embraces all blockchains into a digital utopia.
Modern Finance Chain allows consumers to purchase goods and services from merchants creating a cost-effective cryptocurrency payment ecosystem that rewards the consumer as well as the merchant. We are accounting for the payment system problems associated with traditional merchant-consumer payment transaction protocols.
Merchant Reward System
Merchant controlled settings allow for the settlement of the cryptocurrency they 've received as payment or settlement exchange for fiat currency settlement which is delivered to their bank account the next day. Merchants have complete control over their funds without the risk of chargebacks or reserves.
MFX Reward Pool
The MF Chain reward pool consists of 75M MFX Tokens and the rebate programs will continue for an additional 5 or more years. Additional reward pools will be added to the program as partnerships with other projects develop. For example, a promising blockchain project can request to add a token allocation to the rewards pool, thereby instantly injecting their token into real commerce transactions. This will allow merchants and consumers to receive multiple rewards tokens for a single transaction. Partnerships will likely extend the program in perpetuity.
With the launch of MF Mainnet, the MFF token will take the place of the MFX token within the rewards programs, allowing merchants and consumers to receive fuel transactions for MFM.
Merchant Reward system
Consumer Reward System
In addition to providing the valuable service offering of their able cryptocurrency at their favorite merchants, consumers are rewarded in several ways. The cryptocurrency payment option includes a cover to merchant exchange fees. However, when paying with MFX Tokens the surcharge is waived. The merchant surcharge is set by the merchant at 0.5 to 3%. The surcharge is paid to the merchant through MFX Tokens. When a consumer spends MFX Tokens at a merchant using MF Chain processing solutions, the consumer will receive a 1% rebate automatically paid to their wallet. Rebate payments are made once monthly.
Consumer Use
- Consumer demand to send payment using cryptocurrency.
- The cashier enters the total purchase into the MF Chain mobile device and shows the consumer QR code on the screen.
- Consumers scan the code with cryptocurrency wallet applications available on their mobile / mobile device.
- The transaction is confirmed in seconds.
Benefits of Payment Process
- Increased margins: collect 100+ basis points.
- Improve Customer Base: offer a unique value proposition to receive cryptocurrency for their business
- New Vertical: high risk merchants or merchants who can not accept credit cards can now receive digital payments
- Increased volume per merchant
- Processing partners receive generous MFX Token allocations
ICO info
- SOFT CAP
- 2500 ETH MIN FUND RAISE
- HARD CAP
- 33000 ETH ICO CAP
- CONTRIBUTION CAP
- MIN: 0.1 ETH
- MAX: 200 ETH
- PRI
- VATE 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)
Conclusion
This project is good, can make people buy goods and service with any cryptocurrency, and i hope the project will success. Please visit this link below
Detail Informations
Website: https://mfchain.com/
Whitepaper: https://mfchain.com/wp/
Telegram: https://t.me/modernchain
Twitter: https://twitter.com/ModernChain
Author : (Ar rahman)
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1977525
MY ETH : 0x8F64467dBc48e2864c2d8E11C26df75bD0040CDD
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