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Please give me an easy way how to get more profits from ModulTrade?
You just need to buy Modultrade and keep them until your money goes up several times. It is a good project, you can keep long and peace of mind with your investment money. It is very simple! One hint that might help on the future value of MTRc: this token will be used for trading goods on the ModulTrade Value Ecosystem. But, another usage will be the authentication of the Intellectual Property of some of these goods, such as software developped in SMEs. The potential becomes huge and those in possession of MTRc will certainly be able to monetize it either in "traditional" trade finance transformation or in Intellectual Property management. With our newly joined Advisory Board member, Mr Richard Ramos, this path will be developped with one of the most knowledgeable players in the software distribution field... Watch the space! |
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It will not be easy for ModulTrade with all those competitors out there at the moment.
But I really so a lot of potential in this platform. This can become huge when it will have the right marketing.
Please keep getting the product out there!
Our you guys planning some events this or next month?
Keep it up!
Could you name some of the main competitors here, that offer the same as ModulTrade? Dear Sozialtourist, We see banks transposing their trade finance (in the domain of Letter of Credit) beginning to think about launching those services on blockchain, but for their clients. Not easy for them giving their size and regulatory constraints... We think that the odds are excellent for Modultrade to offer an alternative for SMEs that cannot access this space through traditional banks (400+ Mlns SMEs). if you want to take the bet with us, you're most welcome! Join our ICO! Best, Jean https://t.me/ModulTradeIOThanks for your answer Jean. So it's a good time for ModulTrade to start while the banks are still thinking about switching from their old system to the blockchain. Do you think banks that plan to launch their service on the blockchain can offer the same low fees as you do, or will this still be an advantage of ModulTrade? Great question about pricing . Of course no one knows (including the interested, due to the complexity of their processes  ) how banks will price their offer. However, it will be unlikely to reduce their current prices, due to structure and will to maintain revenue Stream. Remember that addressing the SME market (and increasing their client base) will remain costly for them. Let's wait and see. In the meantime, we execute... best Jean https://t.me/ModulTradeIO |
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How will the tax if ita globally covered?/?
Thanks
Like always, will depend on the country you live in, i would say. i think nothing will change you must declare your income in the country of residence,i hope the bank's dominance is come to an end with the birth of projects like ModulTrade... Great question guys! on tax front, depending on the destination and origin of goods, trade parties can optimize their taxes (especially withholding taxes, related to international trade) , related to the deal. in big organizations, this tax optimzation is taken care of by tax departments, internal to these organizations. Small and Medium businesses cannot afford the cost of such departments. Again, Modultrade will offer, through its ecosystem, a service related to tax optimzation, that can be mutualized by all participants (and reduce costs by the same token  Jean |
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It will not be easy for ModulTrade with all those competitors out there at the moment.
But I really so a lot of potential in this platform. This can become huge when it will have the right marketing.
Please keep getting the product out there!
Our you guys planning some events this or next month?
Keep it up!
Could you name some of the main competitors here, that offer the same as ModulTrade? Dear Sozialtourist, We see banks transposing their trade finance (in the domain of Letter of Credit) beginning to think about launching those services on blockchain, but for their clients. Not easy for them giving their size and regulatory constraints... We think that the odds are excellent for Modultrade to offer an alternative for SMEs that cannot access this space through traditional banks (400+ Mlns SMEs). if you want to take the bet with us, you're most welcome! Join our ICO! Best, Jean https://t.me/ModulTradeIO |
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In Italy, Amazon, eBay etc...have parternship with local couriers, like SDA and Bartolini, so I'm asking if you're going to do the same or you will just use international couriers
we don't rule out any option. when the market will grow locally, we are confident that we will have local partners to deliver locally. Some of them are already in our Advisory Board... Watch the space |
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Its nice to have a project like ModulTrade poised to become of of the best B2B platform which offers benefits of blockchain technology and smart contracts.
Thx! Join us! |
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lately competition is tough. Who is you guys count nearest competitor?
Dear Tiger, Competition is always tough, it i strue... but stimulating and to the benefits of consumers and clients...We see banks transposing their trade finance (in the domain of Letter of Credit) beginning to think about launching those services on blockchain, but for their clients. Not easy for them giving their size and regulatory constraints... We think that the odds are excellent for Modultrade to offer an alternative for SMEs that cannot access this space through traditional banks (400+ Mlns SMEs). if you want to take the bet with us, you're most welcome! Join our ICO! Best, Jean https://t.me/ModulTradeIO |
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Will there be insurance to the trade? What if something goes wrong to the trade? Non deliveries, etc.
Will ModulTrade do security checks to the traders for its legitimacy to do its business? And also to the end users part.
I looked for some answers on the website of Modultrade, if you look at the following simple explanation of smart contract trading, you would think the trade cant go wrong. STAGE I Buyer and Seller set a Smart-contract Buyer deposits funds with the Smart-contract STAGE II Seller ships goods once sees the funds locked by the smart-contract Smart-contract is tracking goods delivery STAGE III Upon the goods are delivered Smart-contract releases funds to the Buyer But yeah, what if during transport the product is damaged, then there must be some kind of insurance involved I'm sure that as normal trading, insurance will be used for delivery. But who will pay for Insurance fee? Can enterprise use Modul tokens to pay for insurance? The seller usually handles the transportation insurance. not sure if MT needs to get involved there. I think with default shipping via the regular channels, the package is insured by default. But it's true that it's always the seller who needs to take this into his account. True. In general trade's best practices, the seller includes insurance on the goods (through the logistics) in his price. However, ... Modultrade is an open Platform. Remember? in the Meet, Commit and Execute chain, all ecosystem is involved. Including our insurance, and logistics partners who will propose their services on the Platform, making it a One Stop Shop for SMEs, who can take advantage of the network effect to benefit from optimized prices. and of the reputational network mechanisms to have a good service from a good Partner. a Win/Win situation for all. |
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Don't you think adding more coin option will lead to less using your token will be less as most people used currency right now is bitcoin and then Eth so if they see eth then they will not either buy your token from any exchange and use in your system .
Hello Richard and welcome. You're right about the fact that people would probably prefer using coins that they have in their wallet to trade. But as the commissioning of Modultrade will be in MTRc and, as we are confident about the disruption that our marketplace will be introducing, we believe in both growth of the business and, mechanically, of MTRc value. After all, we are promoting freedom of trade, against the current binding banking system. Freedom begins by the freedom of choice 😉 |
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I would recommend to update and correct your whitepaper, its messed up, I don't understand some parts, while some others are ok, that would make investors think this is not a serious project.
Hello Chadrick. Happy to help in explaining, and even in amending if needed. Can you tell me which parts of the WP need clarifications and why? Thanks. Jean |
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As I understand, you want to using this platform in real life also? Not only in cryptoworld?
Correct Magisterr. ModulTrade links the crypto world of MTRc to the real world of trade and finance. |
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Guys and Girls!
I am Jean. Cofounder and COO of Modultrade.
Allow me to share my vision with you: why I invested (and still investing) in this startup. it will, probably summarize the spirit of our White Paper.
We are, I believe at the dawn of a new world. It is not us, at Modultrade, who say so. It is organizations like HSBC . Look at their publicity about the new commerce players: Micro and Small Businesses. How do you think, these players, will address the markets? alone? with HSBC?
So here is our vision, put in simple words:
1.Players like Modultrade are the new normality: No bla-bla! We do one thing (trade finance) and we do it right! Why? because we are experts in doing and in transforming it!
2. Means, like MTRc, are the new missing chain, between the virtual world of e-Commerce, and the real world of the assets traded. No third parties, no overheads, no empty talk! you pay what you get! MTRc is the only key to this immense new world => it will become scarce ... and valuable.
3. Micro and Small Businesses that Modultrade is enroling have valuable products and services. they want to conquer the world easily. Modultrade will be their Gateway, MTRc their key!
4. Ecosystem partners that Modultrade is bringing, have today a real problem in addressing our market : 400+ Mln SMEs. Either they are too big (and they need an intermediary) or too small and they need to scale up. in either case, they need MTRc to access the market.
Guys and girls, if you want to be part of this new world, and if you believe in the value of cryptocurrency, beyond a speculative tool, then do like we did: ENGAGE!
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