MODEX Token Revamped with New Web 3.0 Capabilities
press release

MODEX Token Revamped with New Web 3.0 Capabilities

THELOGICALINDIAN - The new Token is now accessible for acquirement on Bittrex Global Digifinex and Uniswap with a new tokenomics archetypal and an adapted roadmap

The roll-out of the revamped MODEX Token and its Web 3.0-inspired roadmap is the result of the acquaintance Modex has acquired in the action blockchain area over the accomplished few years. Recently, Modex accomplished the Silver Cloud Platform Competency aural the Microsoft Partner Network, an accomplishment which demonstrates that the aggregation meets a aerial accepted of abstruse achievement and account quality.

The MODEX Token was aboriginal launched in 2018, in the ambience of an ICO that accurate the company’s Acute Affairs Marketplace project. But as the acute affairs bazaar acquired in a altered way than Modex had initially projected, the aggregation confused its focus on the action segment, aggregate admired abstruse and bartering knowledge, and developed its flagship Blockchain Database (BCDB) technology.

A Revamped MODEX Token

The new badge brings a apartment of new products, an adapted whitepaper, a acceptable tokenomics archetypal that will be appear soon, as able-bodied as transparency regarding Badge pools and the company’s abutting steps. The roadmap additionally includes a pale apparatus which will be implemented in the advancing ages and capacity on the planned barrage of accompanying software products, estimated for the alpha of Q3 2022.

The Modex Wallet will be the go-to abode for all MODEX Token holders, alms a defended ambiance to store, send, accept and abjure assorted crypto assets, including MODEX Tokens, Bitcoin and Ethereum. And to accomplish it alike simpler, a new adaptable appliance will be appear to advice users aegis and administer their assets. The wallet’s better advantage – alongside its affluence of use – is its able-bodied security. All user secrets will be kept safe on their own devices, backed up by berry phrases, and will not be aggregate about with the server. The Wallet’s safe accumulator and low fees aims to accord users accord of apperception as they buy, pale and bandy crypto assets, all in one place.

The Modex Arrangement is a blockchain arrangement absolute by the MODEX Token, and it’s advised to adopt, arch and host any absolute and approaching crypto assets such as coins, tokens and NFTs at acutely low costs, to accomplish asset administration and trading affordable at both the alone user and action levels.

Any transaction on the Modex Network that gets accomplished from the adaptable app will be absolute by a acute contract. These acute affairs additionally accommodate escrow-like behaviors that will angle as automated guarantees that all acknowledged parties fulfil their obligations, on top of which Modex has added behaviors that can be chip on a case-by-case basis.

The Java-based action acute affairs central the Modex Network represent pieces of software encapsulating specific business argumentation that can assassinate assorted read/write operations. They assignment as database stored procedures that can be invoked either manually or automatically, and already created, they become abiding by actuality stored as Blockchain Database records.

Over the abutting two weeks, Modex will accommodate added advice about the accomplishing plan (pools structure, tokenomics, Modex Network features, etc).

Since entering the bazaar in 2024, Modex – one of the aboriginal companies to be registered as a Virtual Asset Service Provider by the Gibraltar Financial Casework Commission – has consistently evolved. Currently, the MODEX Token is adapted in the UK (Gibraltar), with added jurisdictions set to follow. Modex’s aggregation has been alive to adapt and arrange a decentralized arrangement that can abutment a advanced ambit of use cases and facilitate the seamless affiliation of blockchain technology into enterprise-level articles and services.