- Modex announces ICO pre-sale for November 26
The Modex Smart Contract Marketplace will be launched through an Initial Coin Offering (ICO), allowing investors to participate in the launch and buy utility tokens, which will give them access to the marketplace.
The date of the pre-sale for the ICO will be 28th November 2017.
This was announced at The Smart Contract Marketplace Platform in London and attended by industry giants such as Miko Matsumura of Pantera Capital, Renny Navaez of BNY Mellon, Angelique Mohring Founder CEO of GainX, Professor Olinga Ta’eed Director of the not-for-profit Think Tank, the Centre for Citizenship, Enterprise and Governance (x Pedagog Limited and Hyper Cast) as well as Nick Williamson, Founder of Qadre along with leaders of industries.
About the Modex Smart Contract Marketplace, Renny Navaez of BNY Mellon comments: “From a financial perspective– there’s a big piece of savings in there. But, in addition to that, we see a lot of potential for building products that have not been thought of yet and that’s quite exciting…. That, for any financial institution is quite important.”
The Modex Smart Contract Marketplace promises to be a global blockchain App Store meant to remove the inefficiencies by having users interact directly with the provider at every level of a company’s daily life whether it be in financial services, retail, supply chain or travel insurance.
Mihai Ivascu, CEO of Modex, said: “Since September, Modex has moved steadfastly to be the innovator and creator of world’s first App Store for Blockchain. The moment is now to launch the Modex Smart Contract Marketplace which coincides with the increasing interest from retailers, industry leaders and financial institutions. Smart contracts introduce an added layer of facilitation, where agreements can be structured on the Blockchain to be both self-executing, and self-enforcing, providing a wide range of benefits and applications.”
The Modex App Store for Smart Contracts will be a platform to connect smart contracts and applications that together will create an ecosystem to empower blockchain advancements.
Modex makes deployment of Smart Contracts significantly easier, faster and more cost-effective, speeding up blockchain technology adoption.