Pre-Sale Announcement

Image for post
Image for post

After a successful first round and meeting the softcap already in the early phase, MF Chain decided to extend the presale round through July.

There are several reasons leading to the decision with the primary being the introduction of the new technological and financial feature that will benefit both merchants & consumers as well as current participants in the first round of the presale.

Within the coming weeks, MF Chain plans to unveil their groundbreaking MF2x protocol that will enable fast and easy crypto to fiat swap. The protocol will further strengthen MFC’s position on the market by enabling the seamless crossborder exchange between crypto and fiat currencies for both merchants and consumers. Having this ability, the users can easily hedge against cryptocurrency volatility. In another instance, the new protocol is allowing merchants to maintain their needed cash flow for business expenses.

“The recent market turmoil has brought unique challenges to our business, thus spawning a deep and critical focus on the development of the MF2x protocol. Our new smart contract powered protocol will integrate into a merchant banking platform which we have just secured as a technology partner. Our technology, combined with that of the banking system we will integrate MF2x into, will allow our merchants to transfer crypto to fiat directly into their bank account, seamlessly,” says Naviin Kapoor, Modern Finance Chain, VP.

That same volatility was stated as yet another reason that has influenced the decision to extend the presale round and further strengthen MFC’s use-case and application prior to the main ICO event with particular sensitivity being considered for the sake of curren MFX token holders.

The MF Chain public sale is tentatively scheduled to begin some time in August. During the remainder of the pre-sale, the MF Chain will be attending events and scheduling meet-ups. Our first planned event is scheduled for July 7th in Shenzhen China. The event is hosted by our strategic partner Loopring where Naviin Kapoor will be in attendance and will take part in a panel discussion.

Modern Finance Chain

A smart contract platform with direct commerce integration.

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store