Worldwide e-commerce sales are on a steady increase. In 2017, e-commerce sales surpassed $2.2 trillion, and that number is expected to double and reach $4.5 trillion by 2021. In terms of total market share, e-commerce comprised approximately 10% of the total global retails sales in 2017 and is expected to grow by another 5.4% over the next three years. Thus, e-commerce is on a steady uptick with respect to total global retail sales.
Amazon and Alibaba are currently the world’s largest e-commerce retailers with Amazon’s direct traffic exceeding 2 billion per month versus Alibaba’s 216 million. Notably, Amazon is ranked 19th in global traffic while Alibaba continues to climb upwards from being ranked as the 253rd most popular site worldwide. According to a 2017 PwC report, 56% of 24,000 global shoppers surveyed chose Amazon.com as their e-commerce retailer. Additionally, though global e-commerce includes both desktop and mobile shoppers, mobile is quickly becoming the predominant method for online purchases.
Modernization of Financial System
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 digital economy where consumers will have the ability to buy products and services via any cryptocurrency. This is facilitated through the implementation of 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 roadmap includes the development and deployment of MF Mainnet, our independent public blockchain that uses a dBFT/POS consensus model and a unique master node incentivization protocol. Furthermore, MF Mainnet will allow for the development of enterprise level private blockchains, atomic swap cross-chain transactions, multi-blockchain integration, and a verified digital identity system. We believe that the future of blockchain technology isn’t irrevocably tethered to a native token, and MF Mainnet is built as a currency agnostic system that functions either with or without a tokenized economy. However, MF Mainnet also offers the flexibility of transacting with a variety of cryptocurrencies, i.e., BTC, LTC, NEO, ETH, etc., thus freeing ICOs from the limitations they encounter throughout the process of their initial launch.
You can get Reward
Merchants have rewarded a 1% rebate of their total cryptocurrency volume in the form of MFX Tokens. MFX Tokens are valued based on $1 per token or their current exchange rate, whichever is greater, at the time of settlement. Each month merchant statements are evaluated from the previous month’s processing. Statement evaluation closes on the last day of each month. Rewards payments are settled on the 7th day of each month.
To illustrate, a retail merchant conducts $1M worth of cryptocurrency payments through MF Chain payment solutions from Jan 1 to Jan 31. On Feb 7 the merchant has rewarded 5,000 MFX Tokens directly to the merchant’s digital wallet. These tokens can be collected as a corporate asset or exchanged for USD on the open market.
Merchant controlled settings allow for either keeping the cryptocurrency they’ve received as payment or immediately exchange it 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.
ICO Details
Private Offer: April 5 - May 5
Presale: May 6 - May 25
ICO: May 26 - June 25
SOFT CAP - 2500 ETH MIN FUNDRAISE
HARD CAP - 33000 ETH ICO CAP
The total number of MFX tokens is capped at 521,000,000. 1 Ether = 8,500 MFX tokens.
ICO Token Price: 1 Ether = 8,500 MFX Tokens
33,000 Ether Total ICO Hard Cap
Minimum Contribution – 0.1 Ether
Maximum Contribution – 200 Ether
Presale Token Price: 1 Ether = 10,150 MFX Tokens
5000 ETH Hard Cap
Minimum Contribution – 5.0 Ether
Maximum Contribution – 200 Ether
For More Information About This ICO :
Website: https://mfchain.com/
Whitepaper: https://mfchain.com/wp/
Telegram: https://t.me/modernchain
Facebook: https://www.facebook.com/MFChain/
Twitter: https://twitter.com/ModernChain
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1011815
ETH : 0x05cF614Bb13F01bEb95f56C2891A4c22DaF78244
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