Modern Financial Chains Allow Cryptocurrency To Be Used as Payments in E-Commerce Platforms Global e-commerce sales continue to increase over the years. By 2017, e-commerce sales are worth $ 2.2 trillion and it's safe to say that it has not reached the top. Credit cards are the most common payment method on various e-commerce platforms. While this is one of the most convenient payment methods, it's no secret that the cost of shopping transactions using credit cards is very high. Those who have used cryptocurrency as a payment method should know that digital coins are as comfortable as credit cards, but transaction costs are much lower.
Embarrassing cryptocurrency is not a common method of payment in the e-commerce platform. This is the reason why MF Chain was developed. MF Chain aspires to make the e-commerce shopping experience better by being a bridge between cryptocurrency and e-commerce.
- What is MF Chain and What Can It Do?
The ICO Pre-ICO details will begin in May 2018 while the ICO is in June 2018. To ensure the contributors that the funds they are contributing will be used accordingly, the ICO uses a multi-signature escrow. Using this method, the funds raised will be locked during ICO. As a result, developers will not be able to touch or use funds from contributors until a certain accomplishment is achieved. The rest of the ICO details are as follows:
Token Name: MFX
Total Supply: 521,000,000 MFX
Sold: 301 million MFX
Fixed Rate: 1 ETH = 10,150 MFX (Pre-ICO) / 8500 MFX (ICO)
Soft Cap: 2,500 ETH
Hard Cap: 33,000 ETH
Conclusion Many people talk about mass adoption of cryptocurrency. No matter how popular cryptocurrency, mass adoption can hardly be realized if it is not used for something practical, like shopping on an e-commerce platform. The fact that MF Chain helps lower transaction costs in e-commerce platforms will not only benefit consumers but also make the use of cryptocurrency for everyday transactions to be more important.
for more :
Website: http://mfchain.com/
Whitepaper: https://mfchain.com/wp/
Twitter: https://twitter.com/ModernChain
Facebook: https://www.facebook.com/MFChain/
Reddit: https://www.reddit.com/r/MFChain/
Medium: https://medium.com/@mfchain
Telegram: https://t.me/modernchain
MILLION Thread: https://bitcointalk.org/index.php?topic=3264121.0
author: damar
profilelink: https://bitcointalk.org/index.php?action=profile;u=1764605
ETH: 0xC020707CB64a02B77f47787C6C9Ca2Fdf127c12E
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