ICO ICO Analysis: Sandblock Published 7 months ago on May 3, 2018 By Gerelyn Terzo Consumers are big fans of loyalty programs. Whether it’s frequent flier miles, a latte, hotel stay, a pizza or something else, loyalty points have become an increasingly popular choice in the competitive toolbox of industry leaders. Customer loyalty even has its own month named for it, and it’s April. But in a day and age where cyber threats run rampant and data and privacy are paramount, e.g. the Facebook/Cambridge Analytica scandal, consumers have become less inclined to share their personal data with anyone. Meanwhile, businesses continue to invest in attracting new customers in what often proves to be a futile attempt at customer engagement. Paris-based Sandblock is a project designed to tokenize a customer’s brand, including but not limited to loyalty points. The blockchain startup isn’t the first one to take on rewards programs, but they put a unique spin on it. The Sandblock ecosystem is fueled by the Satisfaction (SAT) token on which individual brands create their own tokens that carry a value comprised of coupons, vouchers, etc., making them tradeable. Businesses use these tokens to reward customers for certain behaviors, such as loyalty, providing reviews or marketing. Consumers can then trade these branded tokens globally for other branded tokens that are on the platform, giving companies a way to expand their user base. Companies still get to collect data on their customers, but it’s anonymized information, giving customers greater confidence that their personal data won’t be exposed in a security breach. Perhaps the most differentiating factor for Sandblock from its competitors is that it already has an established group of partner firms across market niches, a list that continues to grow. For instance, in mid-April, they signed peer-to-peer decentralized market lender ETHLend. ETHLend and Sandblock announce strategic partnership. We're excited to announce our new partnership with ETHLend, the first decentralized lending marketplace to give a new usage to brand’s rewards by using them as collateral on ETHLend! https://t.co/pTMdPAuNVg @ethlend1 #ICOs — Sandblock (@sandblock_io) April 16, 2018 Token The Satisfaction (SAT) token is ERC20 compatible and built on the Ethereum blockchain. While the SAT token is ERC20, the branded tokens that are built on top of the SAT tokens are not. SAT tokens can be traded on exchanges while the branded tokens are limited for trade on the Sandblock ecosystem. Sandblock characterizes it as a “utility” token. France, where Sandblock is registered, has turned a corner on the cryptocurrency market and has been welcoming innovation, including ICOs. But they have yet to develop a regulatory framework for new tokens, including whether they should be classified as securities. Sandblock has assigned a hard cap of USD 8 million for its ICO at an exchange rate of 1 ETH = 3,000 SAT tokens. They accept Ethreum, bitcoin and bank cards, including Visa and Mastercard, as payment methods. The pre-sale is already 100% sold-out, suggesting there is great demand for the Sandblock project. The public crowdsale is scheduled for mid-May. Merchant and other partners are incentivized to join the Sandblock platform sooner than later, as the cost for doing so rises as the number of SAT tokens are depleted. Sandblock has capped the number of tokens at 55 million. Half of them will be offered for sale during the token generating event. Source: Sandblock The TGE will be split into four separate tiers, and any unsold tokens resulting from each tier will be burnt. Following the crowdsale, the number of SAT tokens will be fixed and unalterable. The rate for the SAT token decreases in each phase of the public crowdsale. Source: Sandblock The budget allocation isn’t bad, but there’s always a risk when a significant percentage of the fundraising will go toward development. In the case of Sandblock, the pre-ICO is a good indication they will raise the funds they require for product development. Source: Sandblock Team Sandblock is a young startup that was only founded in 2017. They feature an eight-person management team on the website as well as a group of strategic advisers, who have an impressive track record for advising successful ICOs. Sarah-Diane Eck is the founder of Sandblock and face of the brand as head of marketing. She holds a “triple masters degree from the business school HEC, the engineering school AgroParisTech and the law university Panthéon-Assas (International Tax Law),” according to her biography. She also leads a French crypto-fueled charity where she is helping to shape the tax treatment of cryptocurrency donations. Fabrice Bascoulergue is a product lead at Sandblock and is also the co-founder of a company called Flashgap. He’s had experience with the development of mobile apps for more than 1 million users, so that should come in handy with the development of the Sandblock mobile app for iOS and Android. Jeremy Grenier is also on the engineering team. Verdict The Sandblock project has the potential to resonate with consumers, given its focus on rewards programs as well as the anonymity of personal information. Major businesses have invested in successful loyalty rewards programs off- chain, and as more companies adopt the blockchain, Sandblock’s potential user base grows. But major brands might not want to relinquish control of their rewards/loyalty points and might be keen to develop their own proprietary token-fueled programs. With the exception of the partner firms that are already on board with the project, there’s not much of a precedent to determine if merchants will play nice. Risks Sandblock says it’s autonomous, yet it’s highly dependent on the participation of partner businesses and consumers for its success. -3 There are also many moving parts. For instance, it’s not just the Satisfaction token at play but also the tokens of the many channel partners that must take off in order for the project to flourish. If it catches on like Kohl’s Cash, great. But for that to happen, Sandblock must be successful not only attracting businesses that are already on the blockchain but perhaps eventually traditional retailers whose brands consumers know and trust. -2 The SAT token is being defined as a utility token. Considering that the partner tokens built on top of the SAT cryptocurrency will be assigned a value and are tradeable, however, it might resemble a security token to regulators. -3 Growth Opportunity The more that the blockchain and cryptocurrencies make their way into the mainstream, the greater the growth potential for a project like Sandblock that is fueled by consumer activity. Sandblock already boasts several key partnerships across a potential 5 million customers and more than 1,000 shops and online retailers. The partner list includes ETHlend, Innovorder for payments, Europe’s movinga, retailer EspacePlaisir, fashion brand Artumes & Co and Blue Points, another merchant rewards startup. +3 Many major brands are evaluating how they can integrate the blockchain into their businesses, with companies ranging from Sony to Starbucks filing for patents and exploring investments, respectively. This activity bodes well for a platform like Sandblock that is fueled by other brands using their platform to reward consumers. +2 The Sandblock ecosystem is mobile-fueled with an app for both iOS and Android, which is sure to prove an attractive feature for millennials. +4 Successful pre-ICO could be a harbinger for similar results with the public crowdsale. +3 The management team is impressive and the list of veteran strategic advisers adds heft to the deal. +3 Disposition We arrive at a score of 7 out of 10 for the Sandblock ICO. Investment Details Token Type: Utility Platform: Ethereum ERC20 Symbol: SAT Pre-ICO: Completed Public Crowdsale: May 16 – June 16, 2018 Token Supply: 55 million Tokens Available for Sale: 27,500,000 (8 million of which were already sold in the pre-sale) Hard Cap: USD 8 million Price: 1 ETH = 3,000 SAT Tokens Minimum Purchase: 0.05 ETH; 0.01 BTC; USD 50 Maximum Purchase: 500,000 SAT token Payment Methods: Visa, Mastercard, Ethereum and bitcoin Jurisdiction Banned: China 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... Gerelyn Terzo 4.6 stars on average, based on 70 rated postsGerelyn has been covering ICOs and the cryptocurrency market since mid-2017. She's also reported on fintech more broadly in addition to asset management, having previously specialized in institutional investing. She owns some BTC and ETH. Follow @HackedCom Feedback or Requests? Related Topics:ico ratingico reviewsat token Up Next ICO Analysis: Digitize Don't Miss ICO Analysis: Creator.ai You may like ICO Analysis: HiNounou ICO Analysis: Marlin Protocol ICO Analysis: Uulala ICO Analysis: SmartContainers ICO Analysis: Ocean Protocol ICO Analysis: AIRBLOC Click to comment 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 15 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 6 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... Crypto Market Dumps $7.5 Billion Overnight; Altcoi... 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