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Having opened its’ token sale on the 15th of September, Modex is without doubt one of the few ITOs with a working product already available on the market. Modex has launched its first absolutely useful product alpha, bringing to the market the World’s First App Store for the Blockchain, with complete dev instruments.

Modex launches ITO, to help fund Smart Contract Marketplace, tackling the ‘last mile’ adoption drawback for the Blockchain

Modex’s Smart Contract Marketplace goals to deal with the ‘last mile’ adoption drawback that may deliver blockchain expertise into every day use for everybody, by facilitating entry to multi-protocol good contracts.

The Modex Smart Contract Marketplace offers a forum for developers to showcase their skills and supply good contract options to patrons and/or different builders. It offers a means for the real-world neighborhood to simply discover good contracts that meet real-world wants, with out having to scout builders and handle one-off growth tasks for his or her particular person challenge. At the identical time builders can construct a popularity and pipeline based mostly on their accomplishments, permitting them to get purchasers and construct recurring income in opposition to the on-going sale of their good contracts.

“Modex is more than a smart contract marketplace. It’s a suite of tools designed to help blockchain developers write, deploy, manage and monitor both smart contracts and private blockchains in an easier and more seamless way.”, explains Mihai Ivascu, Modex’s CEO.

“On top of the dev tools, the platform will provide enhanced blockchain tools that enable developers and companies to easily deploy multiple types of private blockchains. The purpose is to make running and deploying to a blockchain as easy as building a simple web app.”, provides Ivascu.

Designed to function a central hub for a number of third celebration functions and internet platforms to plugin with and deploy good contracts, the Modex platform incorporates important benefits for shopper adoption, enterprise value financial savings, developer instruments, neighborhood belief and engagement, IP safety, and income alternatives for builders, all centered across the good contract ecosystem that Modex has created. Modex goals to encourage builders’ initiatives, stimulating creativity and innovation.

The Modex platform began by specializing in Ethereum based mostly good contracts, however will quickly assist numerous protocols that also have good contracts performance, equivalent to: Waves, Coco, Komodo, Ark and so on. Modex is bridging the hole between companies and builders so as to speed up international adoption of blockchain expertise, changing into the App Store for the Blockchain.

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