Topic: [MOD] 7 reasons why to invest in Modum (Read 204 times)
Damn it looks like a strong coin. There is so much to choose from at the moment, I can't decide whether to spread my portfolio thin across many coins or just pick a few. I'm getting serious FOMO from the current market!
The token is not a security. Binance doesn't list securities (check their coins submission form, they ask legal proof for it). And the coin is listed on Binance.
It passes the howey test which means that the SEC or other financial regulatory bodies can deem it a security.
You're correct, at the moment it isn't classed as one but it does meet the criteria for one.
The token is not a security. Binance doesn't list securities (check their coins submission form, they ask legal proof for it). And the coin is listed on Binance.
This is a really good point....can anyone answer?
Yeah the token allows holders to vote on issues and each MOD token comes with aligned incentives & profit-sharing. So basically once the company is profitable you will receive dividends from the tokens you hold.
This makes the token a security. Always worries me as securities are heavily regulated and the SEC could decide to take action on this.
sigh what is the function of token? why this projects needs token* to get money from people or do I miss something? In fact maybe more than 90% of the tokens worth really nothing.
This is a really good point....can anyone answer?
Yeah the token allows holders to vote on issues and each MOD token comes with aligned incentives & profit-sharing. So basically once the company is profitable you will receive dividends from the tokens you hold.
sigh what is the function of token? why this projects needs token* to get money from people or do I miss something? In fact maybe more than 90% of the tokens worth really nothing.
This is a really good point....can anyone answer?
The ICO of Modum was in september. I remember that they collected 10 Million $ within 5 hours.
The Modum startup worked already before to release a temperature monitoring device for medical supplies.
I think in future there will be well-known partnerships in the pharmacy perhaps with Bayer, Pfizer, Novartis etc. So this project is very interesting!
Thanks to ladymarian for the 7 reasons!
The Modum startup worked already before to release a temperature monitoring device for medical supplies.
I think in future there will be well-known partnerships in the pharmacy perhaps with Bayer, Pfizer, Novartis etc. So this project is very interesting!
Thanks to ladymarian for the 7 reasons!
Great summary. I'm very bullish on Modum. The team is brilliant and I can really see a bright future here.
With an actual real life use case and great progress Modum's market cap is way undervalued imo.
Great longterm hold. Won't sell.
With an actual real life use case and great progress Modum's market cap is way undervalued imo.
Great longterm hold. Won't sell.
I participated in the MOD token sale, it is a really nice niche Swiss startup, their ICO went instant 3-4x so you can see the demand.
Will be interesting in the future
Will be interesting in the future
sigh what is the function of token? why this projects needs token* to get money from people or do I miss something? In fact maybe more than 90% of the tokens worth really nothing.
Oops.
You left out one very important point: It's on Binance
Actually, that's about the only point that matters
You left out one very important point: It's on Binance
Actually, that's about the only point that matters
Binance, Mercatox, Kucoin, Etherdelta.
On what exchanges it can be found? Or this is just future ICO?
great summary, thanks for sharing, in my opinion mod is quite undervaluead, i guess we will see some price action in q1/q2 2018
7 reasons why to invest in Modum:
Small market cap about to go 5-10x in short term, 20-50x long term!
Very exciting times ahead!
- Modum is an IoT blockchain focused on the Pharmaceutical industry
- They are already running POC's and have 43 partnerships so far. They haven't released the partnership names yet as they are under non-disclosure agreements but said they will be announcing very soon. Rumours of partnerships with Novartis, Roche (2 of the biggest pharmaceutical companies in the world), Swiss Post, a large ERP vendor etc.
- They are based in Zurich, Switzerland which is not only the 'crypto valley' but also where these large $billion pharma companies are headquartered. Switzerland is also very pro crypto and have very good laws towards cryptocurrencies - very safe, innovative and networking location for Modum to be headquartered (which they are moving into a brand new building - sign of their growth and success so far).
- Modum have the Head of Sterile Packaging at Novartis as one of their advisors! Modum CEO is ex GoPro executive, an ex-IBM executive and a lot of Zurich University advisors (who have a lot of contacts around the world in the supply chain space).
- Having one of the best Universities in the world working with you is a great sign - Modum benefit through their connections as well as continued research and improvements to their solution (this is important with Blockchain & AI developing so rapidly).
- They are working with Ethereum, IOTA and Hyperledger - they did an AMA 'ask me anything' with IOTA founder a few months ago which is on Reddit.
- Modum are working with companies in Europe, Asia and the US. A lot of popular and influential crypto YouTubers have covered Modum already (including DataDash, Crypto Daily etc) - with a fast growing community.
Small market cap about to go 5-10x in short term, 20-50x long term!
Very exciting times ahead!
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