Social Payments App Moneymailme Announces Development Of A New Blockchain Platform Called Modex Marketplace

A platform designed to bring the benefits of blockchain technology into everyday life.

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The award-winning fintech social payments app company Moneymailme has announced that Modex — its smart contract marketplace — will open to a wider participation base with its much-anticipated ICO scheduled for early October.

Modex aims to bridge the gap between businesses and developers, in order to vastly accelerate global adoption of Blockchain technology. Given the emerging norm for ‘borderless’ transactions, distributed ledger technology (aka the Blockchain) has opened the door for a new world of “data exchange”, facilitated through Smart Contracts.  

Mihai Ivascu, Moneymailme CEO and founder, stated in London: “Moneymailme’s next chapter centres on Modex Smart Contract Marketplace, the infrastructure needed to integrate Blockchain capabilities with apps like ours. The fact that we’ll be packaging and delivering the platform with our financial partners who’ve developed practical uses for the tool in the UK and rest of Europe is really exciting. Modex is a game-changer.”

Designed to serve as a central hub for multiple 3rd party applications and web platforms to plugin with and deploy smart contracts, Modex Marketplace will incorporate significant advantages for consumer adoption, enterprise cost savings, developer tools, community trust & engagement, IP protection, and revenue opportunities for developers, all centered around our smart contract ecosystem.

The infrastructure will initially be built on top of the Ethereum Blockchain protocol and will eventually incorporate emergent protocols that also support smart contracts. Ethereum is by far the most trusted, and widely used smart contract platform making it an obvious place to start.

The Modex team brings together some of the most experienced individuals from across Europe, North America, and Asia with specialized talent in financial, security and Blockchain development, and senior experience at Fortune 100 companies such as Oracle, and IBM. The team is tasked with building a one-stop solution for value- based transactions within the Modex ecosystem. This includes an all-in-one stop for developers and buyers of Blockchain-based smart contracts, and an infrastructure to facilitate widespread deployment.

Strategically timed for an October opening, the Modex ICO will last for 30 days or until its cap is reached, which may be as short as three days according to some experts in initial coin offerings. Precise dates will be announced shortly. Modex implementation is programmed to begin in late December 2017 with the official launch in Q1 of 2018.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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