By Matthew Dove (Digital Editor)
Some would call striding into a burning building, head held high, heroic. Others would call it deeply foolish. Either way, most would agree that it’s a bold move…
Similarly, listing your cryptocurrency on a trading exchange as the market tentatively recovers from the worst slump in its history is a bold move and requires unparalleled confidence in your offering. The team behind Modex (MODEX) most certainly showed faith in the quality of their dApp development platform as they listed it for trading on LATOKEN yesterday. The coin’s value has already taken the kind of hit you’d expect from such an exposure but, as ever, eyes should be on the tech and not the price.
Modex acts as a marketplace where developers can write and upload smart contracts, then sell them to companies. Furthermore, companies can purchase readymade smart-contract solutions from an extensive native library. The tools required by blockchain developers are provided free of charge, allowing for a level of experimentation in areas as diffuse as finance, health, manufacturing and administration which is largely unavailable elsewhere.
The coin’s architects are out in force at this week’s MindChain conference, preaching the good word and pushing that product. The delegation includes; Alin Iftemi (CTO), Dan Popescu (Software Tech Lead), Florin Otto (VP Product), Loredana Bourceanu (Software Lead) and CEO, Mihai Ivascu, who made the announcement with characteristic bravura;
“I am delighted to officially announce this important partnership which has been eagerly awaited by our supporters and contributors. I am convinced that this partnership with LATOKEN – which has more than $140 million daily turnover, over 120,000 registered traders and more than 250 crypto pairs available for trading – will lead to amazing results. I also want to thank everyone who has supported Modex until now, everyone who believes in the project, and to let them know that 2019 is going to be even more exciting for all of us.”
To sweeten the deal for the unconvinced and those still reeling from the chill of 2018’s bear, the dApp development platform is offering everyone who buys and holds a minimum of 10,000 MODEX bonus MODEX Tokens.
The promo campaign, which began yesterday and will continue until March 4, consists of a total prize pool of 200,000 MODEX Tokens. During the campaign period, the TOP 100 MODEX Token holders on LATOKEN (minimum 10,000 MODEX) will earn additional MODEX Tokens.