ICO ICO Analysis: Gatcoin Published 1 year ago on October 24, 2017 By Sam Bourgi Blockchain has the potential to radically transform the merchant industry. This extends far beyond just accepting bitcoin and altcoins to include a system where merchants can actually issue their own digital tokens for use as discounts and other privileges. That’s the general concept behind Gatcoin, a blockchain-based shopping platform that transforms traditional discount coupons, gift cards and other promotions into tradable digital tokens. By joining the Gatcoin system, retailers can issue their own digital tokens to launch seamless discount and loyalty programs to a mass consumer audience. In the case of Gatcoin, this can be done in mere minutes via “targeted airdrop” technology that allows merchants to zero-in precise demographics. As the company explains in its whitepaper, Gatcoin “seeks to create a controlled environment for enterprises to deploy digital tokens, thereby reducing traditional barriers to blockchain adoption faced by mainstream companies seeking to leverage blockchain innovation.” The GAT System makes this process remarkably easy by allowing merchants to issue their own branded tokens, which are called Merchant Tokens. From there, these tokens can circulate on private consortia networks and be used to redeem tangible products and services from participating merchants. Customers can use GAT-inspired digital tokens to buy products and services, receive discounts or claim rewards. The Gatcoin system also allows tokens from multiple merchants to be stored in one mobile app for instant purchase. Unlike traditional coupons and gift cards, the tokens are tradable on major exchanges and deliver immediate value to customers, regardless of who issues them. At the time of writing, Gatcoin’s developers have identified five uses for Merchant Tokens. They include: Cash tokens, which are used as pre-paid cash Discount tokens, which are used to subsidize the regular cash price of an item Loyalty tokens, which are used to replace loyalty points Gift tokens, which replace gift vouchers Travel tokens, which are used as portable currency to spend globally Beyond that, the Gatcoin ecosystem features five key components: GAT Wallet: a mobile token wallet GAT Marketplace: online market of participating retailers GAT Exchange: a cryptocurrency exchange where members can trade Merchant Tokens against GAT Coin GAT Network: private networks where Merchant Tokens are circulated Targeted A-Drop Delivery System: a proprietary system that allows retailers to target specific consumer demographics within minutes Gatcoin is no small project, and it isn’t just popping up out of nowhere, either. The company has a very strong business case, as it prepares to roll out services across 60,000 retail stores and 21 brands throughout Asia. GAT Coin In pursuit of its objectives, Gatcoin has launched an ERC20 token called GAT. It is the main cryptocurrency transacted on the GAT Exchange, which enables customers to trade and acquire Merchant Tokens. Consumers can use their GAT Coins to purchase Merchant Tokens or vice versa. The main differences between GAT coins and Merchant Tokens are outlined in the chart below. GAT Coins Merchant Tokens Available during token raise Not available during token raise Limited supply Unlimited supply Will circulate on the Ethereum public network Will circulate on private GAT networks Freely transferable Not available on Ethereum public network Storable in all major wallets Storable only in GAT wallet May be exchanged for Merchant Token May be exchanged for GAT Coins Gatcoin’s public pre-sale will launch Oct. 28 and last for one month. A total of 15 million GAT Coins will be available during the pre-sale at a rate of $0.20 US per unit. Investors who participate in it are eligible for a 20% bonus. A total of 115 million tokens will be available during the public sale beginning Dec. 15 and lasting through Jan. 15, 2018. Investors participating in the crowdsale receive their GAT Coins immediately upon purchase. GAT tokens are transferable upon conclusion of the public token sale in January. The minimum funding goal for the project is $20 million USD, with a hard cap of $35,870,370. The Team Let’s just get this out of the way: Gatcoin’s team is nothing short of remarkable. We can literally spend pages talking about their skills and professional experience, but let’s just say the token project has managed to attract blockchain experts, Swiss bankers, professors, tech geniuses and cryptocurrency investors. A total of 16 people are part of the core team, according to the main website. Simon Cheong is the main architect behind Gatcoin. As a blockchain entrepreneur and former World Bank lawyer, Cheong has an outstanding track record for a project of this nature. Other notable team members include Emeritus Professor Wei-Tek Tsai, marketing heavyweight Anthony Huang and tech entrepreneur James Kong. Samson Lee, who is the co-founder of the Ethereum Organization for South China and South Asia, is also on the team. It should be noted that Ethereum founder Vitalik Buterin has endorsed the regional organization. Blockchain investor Ross Stokes and Swiss banker Michael Blake are also part of the project. The technical team includes programmers, retail web developers, token program designers and graphic illustrators. Verdict When it comes to the world of retail, Gatcoin is a potential game changer, and falls under a narrow splice of ICOs that can bring real disruption to the market. The author would place it in a similar category as Spectre and Polkadot, albeit for entirely different reasons. Risks The company cites immaturity of the Ethereum network as a primary risk. This is not entirely unfounded, given the long-standing challenges facing Ethereum’s mainstream development. The Ethereum network has already been prone to significant processing delays due to extremely high volumes. It seems like Gatcoin’s success would exacerbate processing delays on the network, especially if mass adoption is achieved. To date, it is unclear how or if the Ethereum community can resolve these issues. -3 Although the author is a believer in the GAT protocol, and argues for its adoption below, a project of this nature relies heavily on mass adoption. While the conditions are certainly ripe for this to occur, retailer adoption rates are a huge unknown at the moment. -3 Gatcoin isn’t the only startup using blockchain technology to disrupt the consumer industry. The competition for merchant processing will only grow as the blockchain revolution intensified. -3 Growth Potential When it comes to star studded lineups, only a few ICOs can compete with Gatcoin. It’s not just who they have on board, but the diverse cross-section of talent that is represented. Blockchain entrepreneurs, cryptocurrency investors, Ethereum champions and investment bankers make up a highly competitive team of people. +5 If you haven’t noticed, traditional retail is struggling to stay alive. That means discounts, loyalty programs and other incentives are becoming more vital than ever to attract and retain customers. Gatcoin is in a position of strength to capitalize on this demand. If Groupon is a crude proxy for what Gatcoin can do, then the future looks very bright. +4 A-Drop is essentially real-time target marketing that allows retailers to narrow in on their ideal demographic within minutes. This technology, which is currently patent-pending, could be an extremely powerful draw for retailers. +3 From the perspective of consumer adoption, Gatcoin has a unique opportunity to consolidate loyalty programs all in one place. Token liquidity also gives consumers full utilization of shopping incentives. In other words, the author sees plenty of reasons for consumer adoption. +4 Disposition Having considered all the above, we settle on a score of 7 out of 10 for Gatcoin. Since many ICO concepts are unproven, arriving at a score higher than this is often difficult to justify. Make no mistake – Gatcoin is a potential game changer. Its success will depend largely on mass merchant adoption. The incentive is certainly there. Now it’s time to get the word out. Investment Details Type: Crowdsale Symbol: GAT Public Pre-Sale: Oct. 28 – Nov. 28, 2017 Opening Sale: Dec. 15, 2017 – Jan. 15, 2018 Platform: Ethereum (ETH) Total Supply: 1 billion GAT Future Distributions: 60% over three-year period (2018-2021) Payments Accepted: Ethereum (ETH) Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (2 votes, average: 5.00 out of 5)You need to be a registered member to rate this. Loading... Sam Bourgi 4.6 stars on average, based on 664 rated postsSam Bourgi is Chief Editor to Hacked.com, where he leads content development for one of the world's foremost cryptocurrency resources. Over the past eight years Sam has authored more than 10,000 articles and over 40 whitepapers in the fields of labor market economics, emerging technologies, cryptocurrency and traditional finance. Sam's work has been featured in and cited by some of the world's leading newscasts, including Barron's, CBOE and Forbes. Contact: email@example.com Twitter: @hsbourgi Follow @HackedCom Feedback or Requests? Related Topics:capital raiseinitial coin offeringtoken sale Up Next ICO Analysis: Gladius.IO Don't Miss ICO Analysis: Quantstamp You may like ICO Analysis: CWEX ICO Analysis: MOBU ICO Analysis: MFChain ICO Analysis: VAEON ICO Analysis: Fetch.AI ICO Analysis: InnovaMinex 1 Comment 1 Comment Akinz11 November 28, 2017 at 5:15 am Hi Sam. It seems GAT has not been able to get any funds in the private sale. How does this effect the rating of the coin/ICO? Log in to Reply You must be logged in to post a comment Login Leave a Reply Cancel replyYou must be logged in to post a comment. ICO ICO Analysis: CWEX Published 11 hours ago on November 14, 2018 By Joshua Larson Investing in fine wine is a very attractive proposition. However, if you don’t know what you’re doing, it’s risky business. When acquiring wine over the internet, collectors have to deal with high fees, counterfeit bottles, border taxation, regulations, and insurance. And then if their bottle arrives in one piece, they have to worry about storing it properly. CWEX is using the skills of the blockchain to help investors cut down, even eliminate, most of these costs. “We provide fine wine vendors and cryptocurrency owners with the possibility to trade together for the first time in a live market environment on a truly global scale.” Based on EOS, CWEX is creating a fine wine trading platform, and onboarding trusted partners and vendors. Every rare wine bottle offered for trading is provided with a unique certificate of authenticity issued on the blockchain. This certificate provides a buyer with an “unambiguous identification of his investment.” Crypto holders that want to invest in wine, can trade it on CWEX platform without ever holding the bottle and worrying about insurance/storage. CWEX will store it for them in their Swiss-based facility. And all they need to trade with is their certificate. The trading platform is managed by two separate entities; DotChain GmbH and Crypto Wine Exchange (CWEX). DotChain GmbH (Switzerland) ensures the contractual validity of the fine wine products, trade accountability, and product authenticity. Crypto Wine Exchange (Hong Kong) is the blockchain based marketplace. Here’s how it works: Registered traders place a bid or offer on selected fine wine. Once offer is matched the trader is notified. CWEX, in partnership with DotChain GmbH, secures the asset, meets all the compliance requirements and insures your asset. A blockchain based ownership certificate is transferred to the buyer. it guarantees the bottle’s authenticity and the investment value. As the certificate owner, you have three options; 1) your ownership certification can be traded on the platform. 2) its held for the price appreciation. or 3) have your wine delivered to your house. Token CWEX is the native Crypto Wine Exchange token. It is built on EOS for unmatched TPS, scalability, no fees, multiple wallets, and intuitive smart contract programming. The main benefit of CWEX token is that it reduces trading fees. The system gives discounts of deductible fees automatically on the condition of having enough CWEX in your account. Distribution: 62% Crowdsale 12% Community growth 14% Team 3% Bounty 5% Legal 4% Future stakeholder Allocation 25% Global partner and vendor management 25% CWEX platform development 25% Market compliance management 25% Expansion and operations Team From Switzerland, this impressive team has 5 founders. Jacob Manuel Kallupurackal – Co-Founder/CEO. He has worked for Cisco since 2015 as a Global Training Program Manager. Maxim Andersen – Co-Founder/Blockchain Expert. 5 years as a Beam Instrumentation Specialist for CERN. Over 2 years as Software Engineer at CISCO. Thomas Tsang – Co-Founder/Project Manager. 3 years as Remote Participation Analyst for the United Nations Telecommunications Union. Nadir Zemrani – Co-Founder/Finance Manager. Master of Business from Swiss Management School in 2017. Stephen Gonah – Co-Founder/Compliance Expert. Spent 14 years in different Officer roles for UNHCR, the UN Refugee Agency. David Guye – Partner Relations Manager. Huge wine expert. Their current Advisory Board has 4 members. 3 of them look impressive with experience at JP Morgan, UN Food Program, HSBC, and Schroders. Verdict Despite being a risky and challenging investment, if it turns out fine wine, it can be quite profitable. According to wineinvestment.com, “the fine wine market has consistently delivered a positive absolute return over any 5-year return. More importantly, of the total 57 Five-Year periods that we covered (2008-2018), only 9 periods experienced negative returns.” Risks The token use case isn’t very exciting. It looks like most of its purpose is to save on trading fees. -1 The community is small. 300+ Twitter, 100 viewers of their ad video, 4,000 Telegram (bounty chasers). -1 5 co-founders is a lot of chefs in the kitchen. -1 Growth Potential As stated above, wine has consistently delivered positive returns to investors. When traders start making even better returns thanks to CWEX, and word gets out, it will ramp up the entire market. +3 On Crypto Wine Exchange, you can trade in CWEX/EOS/BTC/ETH/NEO/USDT. +2 The team is high grade. +3 There are a lot of wine collectors/investors out there. +2 Disposition Cool concept. Great looking team. Very possible this project ages like a fine wine. 7/10 Investment Details Symbol: CWEX Platform: EOS Total Supply: 89 million Amount for Sale: 55 million (62%) Price: $0.20 Presale: Dec 15 – Jan 9th (20% bonus) Public Sale: Jan 10- March 31 Hardcap: $10 million Softcap: $1 million Website: https://cwinex.io/ Telegram: https://t.me/cwexio All unsold tokens will be burned Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 26 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: MOBU Published 4 days ago on November 11, 2018 By Joshua Larson There’s a lot of buzz around security token offerings (STOs), and for good reason. There’s an $80 trillion securities market that has barely been touched by blockchain. Uncertainty and discrepancy in regulations have stifled the market up to this point. But it’s just a matter of time before the world is swimming in STOs. This new project, MOBU, wants to provide a platform for launching compliant security tokens. This platform will “incorporate the ability to select experienced legal counsel across multiple jurisdictions within the platform, token issuers can be sure they can create compliant tokens customed to their local jurisdictions.” From the whitepaper: “MOBU is a decentralized blockchain based organized ICO platform for launching compliant security tokens. Real businesses such as property development companies, gold mines, retail companies and many more will be able to launch security tokens on the MOBU platform. MOBU connects approved entrepreneurs and investors by cutting out middlemen.” Some core features of the platform: MOB20 Protocol that defines a set of commands for security tokens to implement. Supports Reg S, D, and A+ compliant security token offerings. Vetted tender process for: legal providers, smart contract developers, escrow providers, KYC providers, etc. A new standard called, Know Your Supplier (KYS), for complete due diligence compliance for all service providers using the platform. A rating system for service providers which will create a free marketplace for investors. A network of authorization centers for KYC/AML compliance. This is only a taste of what MOBU plans to offer; check out the whitepaper here for more details. Token MOBU is a utility token and is the key to smart contracts and the ecosystem. Found on pages 15-18 of the whitepaper is all the different purposes of the token, including MOBU Referrals, “where companies or individuals referring ICO issuers onto MOBU will be rewarded in MOBU tokens which will be equivalent of one year’s revenue generated on the platform by the percentage of fees generated from the marketplace.” Additionally, “This amount will be paid in MOBU and locked-up over a 3-year period also ensuring an increase in demand and scarcity of MOBU.” There is also what’s called a “lockup” utility: All the ICO service providers on the MOBU will stake a certain amount of MOBU tokens to receive the right to operate in the ecosystem. These tokens will be locked up for the full duration while the service provider remains and utilizes the MOBU ecosystem. Distribution: Team Mostly from South Africa, 12 members of the management team are listed. As a whole, they seem good, but not great. Here are a few that stood out. Juan Engelbrecht – Founder/CEO. Also founded Zaber (a large South Africa crypto farm) in 2015. He spent 2 years as Director at Khalifa Capital. Has been Director at Evolve Fund Managers since 2013. Paul Pelser – CFO. He spent 17 years as an accountant for PSP Pelsar Accountants. He has been the owner of Pregal Mining for the last seven years, Paresh Masani – Blockchain/security engineer. He spent three years as Mobile Platform Exec Director at Goldman Sachs, London. Senior Director at Thomson Reuters and ETX Capital. A total of 12 Advisors, and two are from Realstart.com, a custom software development company. At least six of them are ICO experts and three are blockchain enthusiasts. Verdict This is an extremely attractive project andnd it looks like the hype/demand for this token is there. They already raised $3 million in the pre-sale, and are asking for just $6.5 mill more in the public sale. Being a front-runner in the cryptocurrency space has proven to be a beautiful thing. When we asked CEO Juan Engelbrecht, who is your nos 1 and 2 competitors, he named Securitize and Polymath. Polymath has a $75 million market cap. Risks Pretty much crickets in their GitHub. Twelve followers. -1 No MVP out yet. They provide this video of what the MVP will look like, though. -1 Non-accredited investors from the US are banned from using the platform. This is the opposite of a risk but gets a minus nonetheless. -1 Their Blockchain Engineer, Paresh Masani (Goldman Sachs and Barclays) is a stud. But the rest of the team and advisors seem pretty average. -1 At this point in time, no major exchange is going to list the security tokens birthed from MOBU. When asked about this in Telegram their CEO said, “LA token has a security token exchange division. Also, MOBU is securing equity stake in an operational stock exchange. GBAX and Tzero will also have security token exchanges available soon.” -0.8 Growth Potential They already have a Chrome and Gold mining business signed up to tokenize through MOBU. +2 The $9 million hard cap leaves all kinds of room for gains.+3 120 million tokens is all there will ever be; 100% of them will be sold in the ICO. +1 MOBU will develop a First Forex Percentage Allocation Money Management Account and will retain 20% of the authorized tokens to put back into the development of the MOBU Platform.+2 From the company: “MOBU token will be available on most exchanges such as Bancor but have already been approved by COINEXCHANGE, CRYPTOPIA, IDEX, GET BTC, HitBTC, LIVECOIN and YoBit.net.”+2 Although most of these reviewers have lost credibility over the last year, their strong scores prove the hype train around this project is real. +2 Disposition We usually don’t cover ICOs post-pre-sale, but this one is an exception because it’s still an attractive deal. The pre-sale bonus was 25%, and if you are fortunate enough to get into this crowdsale the bonus will be 20-25% depending on how early you get in. After that, the sky is the limit for MOBU. 7.2/10 Investment Details Symbol: MOBU Platform: Ethereum Total Supply: 120,000,000 (120m) Presale: 25% bonus. ended Sept 15 Soft Cap reached Public Sale: 5-20% bonus. Dec 1st- Jan 30th (or until cap is reached) Website: https://mobu.io/ Telegram: https://t.me/mobuCHAT GitHub: https://github.com/mobuadmin?tab=followers Jurisdictions Barred: Non-Accredited USA Featured image courtesy of Shutterstock Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Joshua Larson 4.2 stars on average, based on 26 rated postsJoshua Larson is also known as the "Bullshit Man" for his ability to spot it a mile away. Avid ICO researcher and contributor. Former professional poker player/backer. Spent 10 years analyzing hand history, stats, and player data. Discovered blockchain in late 2016, and never looked back. He now uses his analysis skills to investigate ICOs full time. What a perfect match, because in today's crazy world of ICOs, information, passion, and diligence = dollar bills! Follow @HackedCom Feedback or Requests? Continue Reading ICO ICO Analysis: MFChain Published 5 days ago on November 9, 2018 By Daniel Won MFChain is in essence an entire digital economy with a vision towards creating an infrastructure within the blockchain community which is supportive of all cryptocurrencies. This ecosystem will enable seamless transactions and development to take place and facilitate an entire support network to grow around the future of the MFMainnet. Beginning with a payments processing and rewards solution, the project will quickly expand with the launch of a variety of cross-chain features including a multi-currency ICO platform, and multi-language smart contract programming within the all encompassing ecosystem. This is ultimately focused on bringing the entire blockchain community of developers, merchants and consumers together in one central and flexible hub. Empowering Rewards System One of the major features of the platform which will be implemented initially is the unique rewards system. This will incentivize not only consumers, but also merchants with rebates of up to 1% available for both parties as well as the freedom and flexibility to accept multiple crypto currencies securely. All of which can be done through any Android or iOS powered mobile device which merchants can use as a POS system. This will be the first of many innovative features to be launched within the ecosystem which will later incorporate attractive benefits for developers, ICO teams, and entrepreneurs alike. Token The native token of the platform will be the MFX token. This is an ERC223 token and will be the main token on the platform although the entire principle of the ecosystem is to allow freedom and acceptance of multiple currencies. MFX will be the token which is rebated to both merchants and consumers in the rewards program. This will essentially increase the flow of the token throughout all of the platform processes over time. There will be a total maximum supply of 521,000,000 MFX tokens with an initial circulating supply of 306,000,000. 57% of the total tokens will be made available during the ICO period. The rest of the tokens will be allocated as follows: Merchant Incentive Program: 15% Developers & Advisors : 8% Airdrops: 1% A final 19% of tokens will be locked for future developments. These will be released in two blocks at times to be confirmed during Q2 of 2019 and 2020 respectively. Developer and Advisor tokens will be subject to vesting and periodically released for a period of 12 months following the ICO. The ERC233 MFX tokens will be converted to MFF tokens upon the mainnet release which is currently scheduled to occur in Q3 of 2019. Team Craig Neil (CEO) He describes himself as a serial entrepreneur and has indeed headed up a variety of projects both in the blockchain sector, and also in finance and advertising. Neil also possesses an extensive engineering background having spent almost 5 years as a full stack engineer at Lenders Direct Capital prior to focusing on his own business endeavors. Jayson Rellis (President) Rellis is an ICO investor and strategist with a number of significant roles in other projects, such as his partner position at Komorebi Alliance. Prior to his passion for the blockchain, he headed up regional operations at Verizon Wireless where he was employed for more than a decade. He is also a contributing writer for HackerNoon. Brian Rankin (VP of Banking Integration) He has interests as an advisor or director for a number of other projects including SigFig, although his most captivating experience noted within the blockchain sector comes from his time as VP for client services at Ripple where he oversaw a number of banking related developments. Advisors The project have a total of five advisors currently on board. These members are covering a number of areas including marketing, PR, and technical matters. Among these is prolific project advisor Bogdan Fiedur, a blockchain expert whose skills are widely employed and who features on the ICOBench list of experts. Partners Partnerships are a vital aspect within the MFChain project, given the amount of integration with payment processors and networks which is required. The latest partnership which they have struck is with Zagg Protocol. This is in addition to existing partnerships with: ShapeShift Komorebi Alliance DDEX Chosen Payments Loopring Identity Mind EduHash These key partnerships ensure a progressive path for the project with more to be developed as the project continues to progress. Verdict Below is a breakdown of the risks and growth potential of MFChain. Risks The strong competition both within and outside the blockchain which exists in a variety of the markets MFChain is targeting is concerning. These include the likes of Dash, UTrust, and Stack. (-0.5) The broad focus of the project into a number of markets may cause them to lose focus and also leaves them vulnerable as a new project in a variety of areas. (-0.5) MFChain’s core team, whilst having diverse experiences, have nothing which stands out as highly suited to running this type of proposed multi-million dollar platform, with the exception of their VPs experience at Ripple. (-1) Full release of the core teams vested tokens will be completed by Q2 of 2019 according to the whitepaper, with full mainnet launch not scheduled until Q3 of 2019. (-2) Growth Potential The global payments market alone is heading towards a $1 trillion value. This represents a huge market with almost unlimited potential for growth. (+2) Moving toward a blockchain based and cashless society, we would expect to see a big migration toward blockchain based ecosystems such as MFChain. (+2) The broad focus of the project is also positive in the sense of flexibility and scalability. Two very important factors among blockchain based projects. (+2) The project have maintained a strong and steady following throughout all media channels. This is indicative of the potential and positive sentiment which the community feels toward MFChain. (+3) Disposition MFChain has harnessed the fundamental principles of blockchain to provide an ecosystem which is both rewarding and flexible throughout. As the community strives to find ways to promote everyday use of cryptocurrencies, the introduction of a system which can perform all of its functions in a cross-platform manner, is an exciting prospect. Although the project team still have a lot of major steps to complete in order to bring MFChain to market, premium among these being to establish more key partnerships, the market is large enough and increasing constantly in size for them to position themselves strongly within if they can continue the current momentum. MFChain receives a 5/10. Investment Details Type: ERC233 Symbol: MFX Platform: Ethereum prior to Mainnet (2019 Q3) Crowdsale: October 15th – December 15 Minimum Investment: 0.1ETH Price: 1ETH = 8,500 MFX Hard Cap: 33,000ETH or $17,000,000 equivalent Payments Accepted: ETH Restricted from Participating: USA Featured image courtesy of Shutterstock. Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink. Rate this post: Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way. (0 votes, average: 0.00 out of 5)You need to be a registered member to rate this. Loading... Daniel Won 4.8 stars on average, based on 33 rated posts Follow @HackedCom Feedback or Requests? Continue Reading Ethereum Price Extends Slide as ETH Mining No Long... Update: Crypto Selloff Deepens as Bitcoin Hits New... Etheera (ETA) Hits the Big Time with 82,960% Growt... Monero Price Analysis: XMR/USD Bulls Eyeing Explos... Bitcoin SV Price Briefly Surpasses Bitcoin ABC Ahe... Crypto Update: Selloff Accelerates as Bitcoin Brak... EOS Update: Preparing for a Big Bullish Move Recent Posts Why Investors Should Pay Attention to Decred November 15, 2018 Why Investors Should be Paying Attention to Substratum November 15, 2018 Market Update: U.S. Stocks Plunge; Carnage in Crypto Land November 14, 2018 Cardano Price Analysis: ADA/USDT Smashes Out of Wedge, but Saved by Critical Demand Zone November 14, 2018 Crypto Market Flash-Dips 12%; Bitcoin Price Hits New Yearly Low as ETH, TRX Bleed Out November 14, 2018 Update: Crypto Selloff Deepens as Bitcoin Hits New Yearly Low November 14, 2018 ICO Analysis: CWEX November 14, 2018 Pre-Market Analysis And Chartbook: Markets Flat Ahead of Key Economic Data November 14, 2018 Ethereum Price Extends Slide as ETH Mining No Longer Profitable November 14, 2018 EOS Update: Preparing for a Big Bullish Move November 14, 2018 A part of CCN Hacked.com is Neutral and Unbiased Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. 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