[ANN][PRE-ICO] 🚀🚀 ModulTrade : The Freedom To Trade 🚀🚀

[ParRus]

ModulTrade’s token sale opens with influx of contributions. You can be one of these pioneers and benefit from the special 25% discount, now

Just 7 days ago ModulTrade opened their main sale, offering people around the world the chance to participate in this revolutionary project, with impressive results.
ModulTrade set a soft-cap of 5 million MTRc (the ModulTrade token architected on Ethereum), and at the time of writing, we have reached contributions of 4.8 million MTRc, equal to a nominal value of $2.1 million!
Edging ever closer to successfully reaching the soft cap, we are receiving new contributions daily from around the world, with participants benefiting from a 25% discount — this ends on 12 December, so take part now and don’t miss out on this opportunity.
ModulTrade are on a mission to democratize global trade through the creation of a new digital marketplace, where micro, small and medium enterprises (MSMEs) can trade with ease and freedom. The team have identified and addressed the needs of MSMEs by building a solution that eliminates the traditional barriers for entry in global trade, such as lack of trust, high entry costs and the complexity of trade-related operations.
The platform https://product.modultrade.com/ is built with MSMEs already trading, running on blockchain technology and smart-contracts to provide a safe and secure online platform, where both buyers and sellers from anywhere in the world benefit from lower costs, efficiencies and a successful full trade cycle.
To get 25% off now until 12 December, track the progress of the sale, and to find out more about ModulTrade, visit https://en.modultrade.io/
Join us on https://t.me/ModulTradeIO
Follow us on Facebook https://www.facebook.com/modultrade/ and Twitter https://twitter.com/ModulTrade for latest news and developments.

It's nice to see that soft cap is almost reached , what is the hard cap and when ICO is going to finish?

Hard cap: 30 000 000 MTRc ~42,9k ETH
ICO will end 27 JAN:

TOKEN SALE PHASE 1   25%   1 000 000   28 NOV - 12 DEC
TOKEN SALE PHASE 2   15%   3 000 000   13 DEC - 26 DEC
TOKEN SALE PHASE 3   10%   5 000 000   27 DEC - 09 JAN, 2018
TOKEN SALE PHASE 4   0%   11 000 000   10 JAN - 27 JAN, 2018

[loup]

so all phase will start at specific date or as soon as phase done. Also what would happen to token that is not sold?

They all start on a fixed date.

so all phase will start at specific date or as soon as phase done. Also what would happen to token that is not sold?

They all start on a fixed date.

This are the dates.

TOKEN SALE PHASE 1   25%   1 000 000   28 NOV - 12 DEC
TOKEN SALE PHASE 2   15%   3 000 000   13 DEC - 26 DEC
TOKEN SALE PHASE 3   10%   5 000 000   27 DEC - 09 JAN, 2018
TOKEN SALE PHASE 4   0%   11 000 000   10 JAN - 27 JAN, 2018

[Yasemin]

How are you going to convince people to invest into ModuleTrade after the 25% discount ends next week?

As you can see below, the bonus will decrease. Investors in phase 2 who are interested, will invest because they want a bigger bonus than 10%

This are the dates.

TOKEN SALE PHASE 1   25%   1 000 000   28 NOV - 12 DEC
TOKEN SALE PHASE 2   15%   3 000 000   13 DEC - 26 DEC
TOKEN SALE PHASE 3   10%   5 000 000   27 DEC - 09 JAN, 2018
TOKEN SALE PHASE 4   0%   11 000 000   10 JAN - 27 JAN, 2018

[Piggy]

One thing which shows that the modultrade platform is serious and their good faith towards all investors is that they take an independent auditor to ensure the security and sustainability of their funds so that they regularly search if eventually security breaches may appear and they corrects them. Then they will warn and give their instructions to holders in order to globalize the security.

With all the recent problem with smart contracts written badly, better to have everything double checked.

[Piggy]

It seems the soft cap is almost reached, probably by the end of the week the projecr should be in the safe zone

[Yasemin]

Token sales seems to be going well, you can get 25% bonus if you participate before December 12th. Read more in this blog: https://medium.com/@ModulTrade/modultrades-token-sale-opens-with-influx-of-contributions-b116c7887f36

[Piggy]

The bonus is not to much in comparaison of some ico, and i think it’s a nice way to motivate people to invest in an ico. Modultrade is a very good project I think and it deserve to raise a lot of eth.

I agree I have seen some ICO's with ridiculous bonus systems.. like up to 80% .. those get dumped real hard eventually

yeah, huge bonuses always bring whales to the projects and results in the big dumps.

Absolutely correct. I believe there are some whales that only invest in ICOs that have a huge bonus, or huge discounted price. Then they can turn around and flip those for profit, every single time

without doubts there are are big investors which buy at discounted prices and re-sell at a price slightly lower than ico to have a short term gain, it's ridiculous, but this is the market we are in.

[Yasemin]

So ETH network is clogged I read? https://www.coindesk.com/loveable-digital-kittens-clogging-ethereums-blockchain/

Does Modultrade has any problems with their token sales because of this?

[magisterr]

Look at your partners, and one of them interesting: Founders Space

https://www.foundersspace.com/

How they help you in your development/adversiting?

[ModulTrade]

A positive look ahead on how and why the value of the ModulTrade token, MTRc, might increase.

ModulTrade https://en.modultrade.io recently launched its ModulTrade Platform https://product.modultrade.com (MTP), a new digital marketplace where micro, small and medium enterprises (MSMEs) can meet, commit and execute trade with freedom. In conjunction, ModulTrade created its own digital token, the MTRc (based on the standard Ethereum) to allow transactions to be made within the eco-system securely and with ease.
As we look ahead to the future of the business, we predict and explain how MTRc token owners will be able to increase their assets and why the value of the token might grow. There are three key factors which must work in harmony for a successful asset growth, including:

• Network value growth.

• Number of potential users.

• Rate of adoption.

Firstly, when we set out our business plan, we thoroughly researched the audience and the market, which in turn calculated a forecast of a significant increase in the value of MTRc, mainly due to the growth of the underlying ModulTrade network made up of MSMEs, third-party service providers and third-party developers. In any case, the network value growth is usually much higher than the growth in the number of its users (Metcalfe’s Law https://en.wikipedia.org/wiki/Metcalfe%27s_law states that a network’s value is proportional to the square of the number of users). Explained in figures, a 2x growth in users could lead to a 4x growth in network value, a 10x to 100x, a 50x to a 2,500x, and so on.
Secondly, the next question is how fast can the network grow? The growth in the number of users depends on the potential number of users, then on the adoption rate. In this instance, the potential number of users is huge, with ≈400Mln MSMEs worldwide, plus all the third-party service providers / developers. To give you an idea, this is at least 27x the number of the current Bitcoin Blockchain wallet users (≈15Mln)
And thirdly, the adoption rate depends on the following:
How useful the ModulTrade Platform is to the potential user (it solves an existing problem by providing MSMEs the chance to trade, while boosting enterprises’ revenues);
How long ModulTrade takes to develop the product/platform (ModulTrade have already developed a beta version of the product);
How good a business is in acquiring new users (the ModulTrade team are multicultural and multidisciplinary with global reach, and the MTRc token sale is evident of a strong marketing programme).
In summary, the approach, potential users and the ModulTrade teams’ efforts to grow a user base, all align towards MTRc having great potential in an increase in value over the coming years, and it is evident that the underlying network does indeed have the potential for a huge and fast growth.
ModulTrade is in phase 1 of its main sale, offering a 25% discount until 12 December. To participate and find out more, visit https://en.modultrade.io/
Join us on telegram: https://t.me/ModulTradeIO
Follow us on Facebook https://www.facebook.com/modultrade/ and Twitter https://twitter.com/ModulTrade for latest news and developments.

[ModulTrade]

Hello, boys and girls!

It's been emotional since the beginning of this week in this thread! 

I would like to thank you all for the support and for challenging the platform either!

As a little recap till date and some hints of the forthcoming events.

1. The platform is doing awesome. It's up and running. We have a good track-record of executed transactions! More interestingly, the trend of new user connections showing North-East.

2.  The ICO sale is great. As we've almost reached the softcap by now.

3. The level of user adoption is in line with our projections. In general, the adoption level is not very high in disruptive technologies by the time of launch. Moreover, as it's rightly pointed out, ModulTrade is among the lower share of ICOs who managed to deliver the operational MVP during the ICO. And probably that makes the industry adopters puzzled.

Of course, we're working a lot to enhance the user experience and make it absolutely handy and native.

So all in all, we're doing well and absolutely happy to deal with the things we're running right now!

Going forward, we're planning to participate in must-be events and will be announcing some great collabs very soon!

So keep watching the news and stay tuned!

[gribble]

Hey guys i have got new information and updating about this project. How might the price of MTRc increase? Read their blog for the clear reasons why over the next few years the ModulTrade token is forecast to grow in value please check this link to getting more information and good knowledge about the aspects of fundamental the project : https://buff.ly/2iW0VVV it is interesting investment in modul trade and has big chance in the future, relax the link is safe no advertising, no malware and other, i just want make it simple and easy. Thank you.

[Piggy]

It would be a shame if the 25% discount ends before the problems with the Ethereum network are solved. As long as that crypto kitten game stays popular and Ethereum does not scale up, it is almost impossible to invest in ModulTrade. Unfortunately Vitalik Buterin estimated 3 to 5 years to complete the update...

Transactions take place if the gas price is set at 20 gwei and more. But probably MT should extend the validity period of the discount due to network problems due to cats.

I think would be fair to do something like that too. Unfortunately the network is clogged by briding cats 

[Piggy]

It would be a shame if the 25% discount ends before the problems with the Ethereum network are solved. As long as that crypto kitten game stays popular and Ethereum does not scale up, it is almost impossible to invest in ModulTrade. Unfortunately Vitalik Buterin estimated 3 to 5 years to complete the update...

Transactions take place if the gas price is set at 20 gwei and more. But probably MT should extend the validity period of the discount due to network problems due to cats.

Would be probably the best. But I see the problem that there will be no real solution for this network problem soon. Hope this shitty game is over soon ...

I'm not sure if an extension in Modultrade's case is necessary. In contrast to many other ICOs here you can contribute with BTC or Fiat money instead of ETH and won't face the ETH network problem.

I think Modultrade will extend the token sales because of the ETH network problems, even tho its possible to pay with BTC or fiat. Otherwise they will miss out on investors

Their ICO will run until the end of January 2018, so two months in total. Everyone who won't manage to participate during all this time, didn't really want to. There is no need to extend the token sale if you ask me.

There is all the time to get in, if you dont care much about bonuses and plan to hold this long term

[turkandjaydee]

How much is raised so far? may get slower sue to current issues on ETH.  Any other currency excepted?

You can see the counter here : https://en.modultrade.io/

[Piggy]

The price of gas 50 gwei transaction also does not pass. What to do? To buy then without a bonus because of some cats I lose money for gas and bonus.

ETH overloaded now... Transaction on ED also dont pass (
Its all this fucking cryptokitties. Hope ETH network will stable in few next days.

I hope we get some official statement from the team about how they plan to handle the situation.

[CryptoCutie]

Misc Stats (Last 1,500 blocks)

Cheapest Gas Price (gwei)   1
Highest Gas Price (gwei)   42000
Median Gas Price (gwei)   42
Cheapest Transfer Fee   €0.0383
Highest Transfer Fee   €321.93
Total Transactions   88390
% Empty Blocks   0
% Full Blocks   90

[CryptoCutie]

ModulTrade have already a fully functional platform, that is not often seen in an ICO.

https://medium.com/@ModulTrade/modultrade-has-now-officially-launched-its-global-digital-trade-platform-mtp-656d094c547a

[Rigorous]

I thought https://product.modultrade.com/ was a demo of the platform, but are you saying it is officially functional? If that is the case I think a written declaration on the platform would be wise, because now I see a lot of test entries.

[wonderfullife]

One thing which shows that the modultrade platform is serious and their good faith towards all investors is that they take an independent auditor to ensure the security and sustainability of their funds so that they regularly search if eventually security breaches may appear and they corrects them. Then they will warn and give their instructions to holders in order to globalize the security.

With all the recent problem with smart contracts written badly, better to have everything double checked.

And there are many auditers out there to check smart contracts, they just need to be paid (hello Dexaran! )

I think there is no smart contract badly written, it's just the beginning of this innovation and there are still a lot of parameters to put in place and a lot of things to think about and put in place, it's just a progessive evolution for this technology. So yes, auditers are here to make sure that everyone is happy in the rules of art and to avoid mathematicals faults  and what's important to remember is that it's not a question of money. Everything has to be managed in a transparent and holistic way, yes  auditers earn money for their  contribution because they give value to the project and also they participate to the perenniality of the project, so everyone is winner ...