Hello amazing cryptopeople! This is my blog about ICO investments and cryptocurrencies. I will now present you the ModulTrade ICO which ends in a few days. (Only 10 million USD collected so far!)
Visit their website here: https://en.modultrade.io
ModulTrade is a blockchain based trading platform which opens global trade for small enterprises in a cost efficient way. How is that possible? By simply using blockchain technology they get rid of many barriers like not using banks as a third party and government borders. Until now the greedy banks have full control over all trades around the world and charge high fees for every trade, which then makes it difficult and expensive for small businesses to do trade globally. This is going to change when the ModulTrade platform is ready and will make trades cheap and easy for all kinds of businesses around the world.
ModulTrade platform:
Global presence through WEB, every SME ( Small, medium enterprises ) can connect to each other by placing their products and services at ModulTrade platform.
Trust instrument built in the platform which guarantees payment for the seller if the goods are delivered to the buyer and has proper quality. The buyer will only pay if he receives the proper goods.
ModulTrade will open 0% credit lines in MTRc for all new users for financing trade transactions.
ModulTrade platform does not require to have a bank account to start trading value, which means all the unbanked people can start trading on their platform.
Logistics will have high priority which will make it easy to trade goods and services cost effeciency. This is through connecting to service providers like UPS, DHL, among others.
Visit website: https://en.modultrade.io
MTRc Token:
The MTRc total supply will be limited to 100 million tokens. 10 % of all tokens were sold during Pre-ICO ( 10 000 000 tokens ) 20 % of all tokens (up to 20 000 000 ) will be distributed during the token sale which is now live and will end January 28. 20 % of all tokens will go to product development of the platform. There will be no more MTRc distribution after the token sale has ended. 32 % will go to ecosystem creation. The ModulTrade team will keep 15 % of the tokens which will be distributed in three faces ( within 6 months after the token sale 5 % will be distributed. After one year 5 % will be distributed, and 5 % after two years.)
MTRc is an Ethereum based token ( ERC 20 )
Hard cap 30 million tokens ( low hard cap )
All unsold tokens will be burned ( which is good )
Buy tokens by using Myetherwallet or MetaMask (do not send ETH from an exchange)
Final thoughts:
In my opinion this project is a very good investment opportunity. ModulTrade have a lot of potential for growth, mainly because they are dedicated to solve a real world problem (which very few are.) The team is strong and have good experience with blockchain technology and trading in general. The hard cap is quite low, which makes the chance bigger to multiple your investments. It also got a 4.5 ICO rating from ICO Market which is very high! I have invested in this ICO and hopefully it will make me some good profits.
Good luck with your investments, and remember to do your own research before investing in any ICO’s.
Visit ModulTrade’s website for more info about the token sale: https://en.modultrade.io