Hey Steemians!!! Hope you've all had a wonderful morning! I started mine of with a quick run around some canals in Amsterdam! Anyway, its 1:00pm right now so its time for another ICO review! If you're wondering what happened to the one yesterday, Steemit was down and I wasn't able to post so I'll just post it today! Hope you enjoy and don't forget to answer my question at the end for a free upvote and follow!!!

About Modex

Modex is a ready-made platform that will bring mainstream smart contract apps to the world. The smart apps will be built on the already existing payment infrastructure of Modex and will allow for easy access to smart contracts and cryptocurrencies.

The team already has a working project in the market, having launched it on the 15th March 2018. Investors can browse through over 60 ready-made smart contract templates to have a feel of what the project is all about.

For now the platform only supports Ethereum based smart contracts but in the nearest future will incorporate other protocols like Wave, Coco, Ark and Komodo.

The project seeks to accelerate the adoption of blockchain technology by simplifying or providing a means whereby smart contracts can easily be built into decentralized apps of developers. The business community can find a smart contract app that meets real-world needs without having to employ the services of developers.

Learn more about this ICO here:

Team

I did a background check on the team members and I think they have the required skills and experience to take this project to greater heights. Here is an assuring quote from the LinkedIn profile of the CEO and Co-founder Mihai Ivascu: “Experienced Chief Executive Officer, serial social-impact and blockchain entrepreneur with over 10 years of experience in project management, blockchain, FinTech, software development and start-up consulting. CEO&Founder of Modex, the world’s first DApp Store, a Smart Contract Marketplace and app ecosystem that allows for easy, user friendly access to crypto-currencies and smart contracts alike. CEO & Founder of the Fintech ‘wunderkind’ Moneymailme based in London, founder of media company Ingenium Media Monaco, the software house Ingenium Software Solutions and various other online projects.”

Financial

If you plan to invest in this ICO here are some important financial details that should interest you. The ICO will trade from April 20th 2018 to April 28th 2018 with the token code MDX. Price in ICO is 1 MDX = 0.80 USD and ETH, BTC has been set as the funding cryptocurrencies.

No soft cap has been set but a hard cap of 125000000 USD is in place. There will be 197,333,328 tokens available for sale which represents an approximate of 75% distribution among the public.

Overall, I think this is a fairly good ICO. Time will tell how far they go. I’m particularly impressed that they already have a working platform where investors can have a feel and judge for themselves the long-term profitability and progress of the system. Alright now its time for the question of the day!!!

Do you think there are too many Smart Contract ICO's? and why?

Remember my favourite comment will get a free like and follow!! Enjoy the rest of the day and stay tuned for more articles throughout the day!

Disclaimer

The information in this article is just for the interest of Crypto Lovers and should not be considered as investment advice. If you want to take this opportunity, then invest only what you can afford.