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Author Topic: [ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀  (Read 91921 times)
Evgeny Kaplin
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October 12, 2017, 09:09:33 AM
 #21

ModulTrade Best IC0 at time.People easily exchange to the coin short time..it totally manage by skilled full it genius. low fee and works on the loyaliy.Future mudultrade going on best place. Blockchin platform token for mudultrade.

i thing its quite early to say best until they will start the project ..but for sure as per the test platform and detail and concept it quite good as it nice because of it in good niche

Looks like a very interesting project you are working on. I would like to learn more about this and see more concepts of this nature it seems as if it could help lots of businesses in there trading aspects. cant wait to see more about this in the future i will follow the project . great post . good luck   

yes there project is quite good and i am also waiting for new update in coming month

Thank you and ALL for your support!

We will have some cool news on the project soon.

Meanwhile, you may have a look on the video how our prototype works https://modultrade.wistia.com/medias/a20my7u3pk
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October 12, 2017, 10:44:55 AM
 #22

ModulTrade Best IC0 at time.People easily exchange to the coin short time..it totally manage by skilled full it genius. low fee and works on the loyaliy.Future mudultrade going on best place. Blockchin platform token for mudultrade.

i thing its quite early to say best until they will start the project ..but for sure as per the test platform and detail and concept it quite good as it nice because of it in good niche

Looks like a very interesting project you are working on. I would like to learn more about this and see more concepts of this nature it seems as if it could help lots of businesses in there trading aspects. cant wait to see more about this in the future i will follow the project . great post . good luck   

yes there project is quite good and i am also waiting for new update in coming month

Thank you and ALL for your support!

We will have some cool news on the project soon.

Meanwhile, you may have a look on the video how our prototype works https://modultrade.wistia.com/medias/a20my7u3pk


also one thing i need to know in you mpv or platform when this ready why btc is not added ??

i can see eth , MTRc , paypal and credit card  but as your platform is complete on digital currency and block chain technology then why you include payment method as paypal . As there will be charge back on paypal also in cc which is not good for any business live on block chain technology, and as also why btc payment menthod is not included ..
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October 12, 2017, 12:07:14 PM
 #23

Just run into the project's YouTube channel - looks interesting https://www.youtube.com/channel/UCmrYHneVIDhZNnwJgHJEK5A
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October 12, 2017, 07:18:16 PM
 #24

also one thing i need to know in you mpv or platform when this ready why btc is not added ??

i can see eth , MTRc , paypal and credit card  but as your platform is complete on digital currency and block chain technology then why you include payment method as paypal . As there will be charge back on paypal also in cc which is not good for any business live on block chain technology, and as also why btc payment menthod is not included ..

Hi bapparabi.

Wonderful question. We do not want to restrict our users to a limited set of payment options. The payment methods that you saw in the prototype (ETH, MTRc, Paypal, Credit Card) are there to demonstrate that we would like to support as many types of methods as possible to make it convenient for our users. It is true, that paypal is costly, but it can be a method of choice for certain users (for example in those jurisdictions where cryptocurrency is banned). BTC is also an option and we plan to include it too.

This is also why we introduce MTRc. On one hand, we need a convenient proxy token to use in our processes and transactions; on another hand, it should be independent enough to appreciate in value in direct relation to the growth of the ecosystem. Basically, the bigger the ecosystem is (buyers, sellers, partners, 3rd party service providers, etc.), the more valuable MTRc becomes. Of course, to transact directly in MTRc will be cheapest.
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October 13, 2017, 03:41:06 AM
 #25

This projects is very interesting as it will be traded globally which is very useful to each and everyone of us who have business that want to reach all the country.
It also focus on tight security which is very important to secure all the transactions that will be created by the customers.

The explanation also about the token is very informative which will help us to understand it clearly. The distribution of the token is also a big factor as they divided it into four category that starts from the highest until the lowest. But in my opinion I think it is better to distribute their token with the same percentage to make it balance.

I would love to be a part in the pre sale of the token as the price is very promising and I am sure that it will continue to grow with the help of the team.

The team also is very solid and it is very promising to see the detailed information about the founder of this project, the solid advisors and the rest of the team . I am looking forward to the future of this project. I know that it will be among of the top project in the future.
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October 13, 2017, 06:16:28 AM
Last edit: October 13, 2017, 07:32:49 AM by karkal
 #26

My understanding is that your crypto token is not the mandatory currency to trade on the platform (you can trade in fiat currency as well), but it is mandatory to access to the platform, right? what would be exactly its role?

MTRc tokens will have the role of a trade enabler and of a third-party application enabler on the platform, meaning that every user would be able to execute trade real-time, globally and in a cost-effective way. While you can also trade in other currencies, fees will be charged in MTRc. The MTRc could also be used for charging usage fees for third parties’ solutions developed on the platform.

For example, take the case of Binance platform where tokens get traded, you can use other currencies like ETH for Tx cost but if you use BNB, you get 50% discount.

Similarly, there are many ways we can incentivize using MTRc in our platform; We'll come up with more innovative ways to make the platform and MTRc as valuable as possible.
miguelmorales85
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October 13, 2017, 08:00:25 AM
 #27

At first I thought ModulTrade was not an token necessary in the blockchain environment but then after checking out the white paper and reading news about how to use technology to following the supply chain products from the producer up to the consumer. I finally understood that using a token for global trade might be a great deal. The risk in traceability is lowered and made more manageable.

ModulTrade uses smart-contract technology to manage a supply chain logistics and working as an interface towards the supply chain finance. At this moment there is a lack of this kind of interfaces in the market, meaning this that there is an opportunity in today’s market.

The roadmap section is clear and easy to understand, all the milestones seem to be completed and we just need to wait the next ones in order to see if the idea forges a new procedure in supply chain enterprises. If just one of the big starts only a demo ModulTrade will “moon”.

Personally, I would like to see a better background on ModulTrade team in order to have more confidence in the project.

I am looking forward to see this project and how the cryptocurrency community reacts when it gets the ICO finalized.
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October 13, 2017, 09:39:24 AM
Last edit: October 13, 2017, 10:45:28 AM by VitalyP
 #28

At first I thought ModulTrade was not an token necessary in the blockchain environment but then after checking out the white paper and reading news about how to use technology to following the supply chain products from the producer up to the consumer. I finally understood that using a token for global trade might be a great deal. The risk in traceability is lowered and made more manageable.

ModulTrade uses smart-contract technology to manage a supply chain logistics and working as an interface towards the supply chain finance. At this moment there is a lack of this kind of interfaces in the market, meaning this that there is an opportunity in today’s market.

The roadmap section is clear and easy to understand, all the milestones seem to be completed and we just need to wait the next ones in order to see if the idea forges a new procedure in supply chain enterprises. If just one of the big starts only a demo ModulTrade will “moon”.

Personally, I would like to see a better background on ModulTrade team in order to have more confidence in the project.

I am looking forward to see this project and how the cryptocurrency community reacts when it gets the ICO finalized.


Hello miguelmorales85.

You may find the background details on ModulTrade team under this link: https://modultrade.com in the Team section.
The team members are executives with successful banking experience and profound knowledge and expertise across fintech industry and trade finance. The members worked in world-known companies like KcKinsey, Cargil, Sberbank, Gazprom, Credit Agricole, Ernst & Young, Reuters, Societe General.

The founders are MIT graduates as well.

Apparently, each and every team member has his profile write up in LinkedIn accessible.  

Please feel free to put query here for any related information.

 
Evgeny Kaplin
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October 13, 2017, 12:21:17 PM
 #29

Hello everyone!
Thank you for your comments and support as well as for challenging us)

Let me share some thoughts on MTRc value (ModulTrade token) https://modultrade.io/

1.Every trade executed by SMEs on ModulTrade platform requires MTRc
- to pay commission in all cases (for Smart-contracts or additional services)
- to pay for goods in case the trade contract is set in MTRc

2. Most SMEs require money to start buying (more info here https://www.worldbank.org/en/topic/financialsector/brief/smes-finance)
- To help SMEs ModulTrade and MTRc holders will provide MTRc to SMEs based on their Reputational Capital
- ModulTrade introduces Trade&Reputational Network -  for every user Limit in MTRc and related fee will be calculated (Reputational Capital) and will be changed based on user trade behaviour.

3. Merchants are waiting for SMEs to start buying
- ModulTrade will agree with Merchants to accept MTRc for the goods (we are planning a pilot with our German partner https://www.contorion.de/)
- and ModulTrade will buy back MTRc from Merchants they got from SMEs (for fiat or cryptocurrency)
- and ModulTrade will provide MTRc to SMEs - see point 2 above.

While there is a limited number of MTRc distributed (~$5-15mln equivalent), Every next $10mln trades served on ModulTrade will require equivalent of $2-3mln in MTRc (or up to $5-7mln in case of wide MTRc acceptance)
simple mathematics will give >50% value increase for every new $10mln trades ( or 2-3 in case of wide MTRc acceptance)

We expect >$50 mln to be served by end of 2019 .
and you may calculate the value of MTRc in this case ($50/$10*(0.5 or 3)) = 2.5-15 times . It is not a promise but what we expect

will be happy to answer your questions
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October 13, 2017, 11:56:08 PM
Last edit: October 14, 2017, 12:34:41 AM by karkal
 #30

I am Xian Jones CFO from Melkart Ltd in HK. Is your presales phase open to institutional investors?is there any limit for investment?


Welcome Xian. Thanks for your question. Our Presales is open to institutional investors, with no maximum limit. We are also currently in discussion with some big institutional investors as we speak.
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October 14, 2017, 12:03:57 AM
 #31

we are interested in your biz model and wanted to know more about the link between the MTRc and trade topics like food safety and traceability (concerns of our clients).


Current demographics explosion in emerging countries, and economic recession in developed ones introduce challenges in managing food safety either on collective environment (corporate restaurants, schoolcanteens) or on public levels.

In collective environments, companies involved in catering spend a significant part of their revenues on food safety and food chain tracking, to remain compliant with food safety regulations. For major catering companies (Aramark, Sodexo, Compass), this represents circa 4 Bn US $ per year.

MT will represent the marketplace where food safety players meet, commit on the rules and automatically execute their commitments with an enhanced trusted environment (MT) and rewarding mechanisms (MTRc).
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October 14, 2017, 07:59:11 AM
 #32

joined to twitter campaign WEEK: 1

Twitter Link: https://twitter.com/Fikiy8
Twitter Audit Link: https://www.twitteraudit.com/Fikiy8
Ether adress: 0xa66629220AFb166cba1993138C15CbD96b6dc0Ab

Links to the retweets (+likes) :
1-  https://twitter.com/ModulTrade/status/918477380024520704
2-  https://twitter.com/ModulTrade/status/918497858323668993
3-  https://twitter.com/ModulTrade/status/918800131201339394
4-  https://twitter.com/ModulTrade/status/918846396874285056
5-  https://twitter.com/ModulTrade/status/919046225780977664

Link to your tweets:
1     https://twitter.com/Fikiy8/status/919108847427391490
2     https://twitter.com/Fikiy8/status/919108369620729856
3     https://twitter.com/Fikiy8/status/919108202465071105

 
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October 14, 2017, 08:00:47 AM
 #33

joined to twitter campaign WEEK: 1
...

Hey! seems wrong thread buddy Shocked - the bounty thread is here: https://bitcointalk.org/index.php?topic=2240533.120
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October 14, 2017, 08:25:24 AM
 #34

WEEK: 1

Facebook Link: https://web.facebook.com/fickiy.tambenk
Ether adress: 0xa66629220AFb166cba1993138C15CbD96b6dc0Ab

Links to the shares (+likes) :
1-  https://web.facebook.com/fickiy.tambenk/posts/324839554655310
2-  https://web.facebook.com/fickiy.tambenk/posts/324839427988656
3-  https://web.facebook.com/fickiy.tambenk/posts/324839354655330
4-  https://web.facebook.com/fickiy.tambenk/posts/324839271322005
5-  https://web.facebook.com/fickiy.tambenk/posts/324838511322081

Link to your posts:
1  https://web.facebook.com/fickiy.tambenk/posts/324840501321882
2  https://web.facebook.com/fickiy.tambenk/posts/324840377988561
3  https://web.facebook.com/fickiy.tambenk/posts/324840294655236

 
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October 15, 2017, 08:32:28 AM
 #35

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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October 16, 2017, 03:04:04 AM
 #36

hi JeanC

everything is ok and nice till now what i can see just one question why you not just limit the trading process to just ETH and MTRc ??

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 .
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October 16, 2017, 11:55:13 AM
 #37

Just tried the demo.


https://product.modultrade.com/contract/meet


Although it's still a bit limited I can see the potential !
Very interesting project.
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October 16, 2017, 12:48:26 PM
 #38

Most ICOs show sale progress some where on web site, but I cant find something to trace token sale.
And you accept both ETHER & BTC how do you calculate token price per BTC?

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October 16, 2017, 01:25:59 PM
 #39

Just found out about the project. I've read through every post in this thread, and it seems very promising project due to the following factors:
 - a clearly identified need/opportunity to disrupt the costly 3rd-party costs in trade
 - the qualifications and experience of the project team
 - last but not least, the interaction and responses from the team members in this thread. It is clear that they believe in this project, and can clearly articulate answers to the questions here

As a final point, I'm surprised that a similar project hasn't been implemented until now (or I just haven't found out about). One of the big selling-points of ETH was smart-contracts and it would seem intuitive that this could be great for trade. Is it that other projects haven't targeted SME's?

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October 16, 2017, 02:37:44 PM
 #40

So MTRC will allow an entrepreneur from a country to trade and buy stuff from any part of the world.? Would like to know whether there will be an escrow when these transactions happen.


Hi - My understanding is that there's going to be an escrow handled by the smart contracts. Basically, according to the white paper:
1) The Buyer deposits funds into the smart contract which acts as an escrow agent.
2) Funds are locked in the smart contract until release conditions are met.
3) Funds are released to the Seller upon successful delivery in a specified time horizon.
4) Funds are released to the Buyer if no delivery occurs in a specified time horizon.

HTH
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