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Modum Review

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Average

Revainrating 3.5 out of 5  
Rating 
3.7
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Description of Modum

Modum is a supply chain solution that uses blockchain and Internet of Things (IoT) technology to provide a better and more cost-effective way for companies to guarantee the transport conditions of their merchandise.

Reviews

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Type of review

Revainrating 3 out of 5

Modum: is a project that manage autonomously, the processes that are used in the use of blockchain.

Modum (MOD): is a project that manage autonomously, the processes that are used in the use of blockchain, as an information channel, being able to achieve the use of its ecosystem and applied the creation of block based on little time of creation, its business objective is focused on maximum efficiency in the network, being able to offer a catalog of blockchain solutions, storage and supports for various activities, is a project that does not have much time in the market but achieved its growth

Pros
  • Ecosystem designed to support less experienced users, with a simple mode of use.
  • Great process in the creation of your blocks which allows complete time management.
  • You have a series of application that can be used on mobile devices, for those users who do not have time to use a desktop device.
Cons
  • It is not a project that has a lot of demand in the market, it requires an advertising renovation.
  • You need to improve technical details about your project, update your roadmap and establish new scopes as a project.

Revainrating 4 out of 5

A perfectly functional and useful project: Modum

Good day everybody, ladies and gentlemen, today I will present you my review of the Modum project. Have fun everybody. The main purpose of the Modum project is to prevent some problems faced by us users and project builders. For example, it is very natural that the project departments serving in many fields can be confused in different departments. To prevent this, Modum project has found and implemented several methods. This, of course, is something that relieves both us and the project…

Pros
  • To be able to perform many operations thanks to the technological developments in its base.
  • Working together with blockchain technology.
  • To make our operations comfortable by having many features.
  • Many years of experience.
Cons
  • no

Revainrating 4 out of 5

Modum: Voting passport and profit sharing

Companies that function as supply chains for goods and services constitute a complex structure that includes the supervision and control of multiple departments and regulations; that it is impossible to manage efficiently through manual procedures. In this sense; supply chains need to automate and systematize their processes and standards in order to give global coverage to the cycle of creation and delivery of their products. Faced with this problem, Modum represents an ideal technological…

Pros
  • Shareholders can obtain MOD for positive votes cast
  • The MOD token grants benefit to share in profits to shareholders
  • MOD tokens are guaranteed in smart contracts
Cons
  • Low value of digital currency

Revainrating 3 out of 5

Modum is a blockchain project focused on the supply chain of the pharmaceutical industry.

Founded in 2016, modum AG is a technology startup that develops systems to improve logistics processes by combining the best of blockchain and IoT technology. Modum strives to make all customer business processes more efficient and streamlined through the use of emerging technologies. Modum works with its customers to find pragmatic solutions that allow their own customers, often end users, to benefit from the most innovative technologies on the market. These same technologies are to help…

Pros
  • The Modum token (MOD) is a profit share token with voting and profit participation rights.
  • Modum already has a prior track record since 2016, with numerous pilot tests being completed on its technology.
  • Modum has also forged key partnerships
  • The pharma industry is only the first use-case for Modum’s technology, and given that Modum plans to extend their tracking sensors by integrating other environmental variables (e.g. light, humidity, acceleration) gives them an edge in penetrating supply-chains in other industries. This will open up different markets for Modum for future expansion
Cons
  • Modum’s foray into the Pharma industry – though solving a real business need – is contingent on the enactment of EU regulations that strictly monitors deviations of the temperature of medicinal products.
  • MOD tokens could very well be under the definition of a “financial security” as it mimics the characteristics of shares in a company. Since holders of MOD tokens are entitled to voting and profit-sharing rights, different countries may impose regulatory tax burdens on holders
  • Not listed on coinmarketcap

Revainrating 3 out of 5

Use of blockchain in business processes.

It is a decentralized platform for data management generating reports efficiently using blockchain. In general, it is intended for the organization and monitoring of different supplies, creating real-time real-time monitoring chains, as long as the network allows it. -Provides administration solutions and supply management, storing information and data on the network. -Business analysis, as a company optimizing processes. In conclusion this is another platform that is tokenizing its…

Pros
  • Platform focused on an asset with real solutions.
  • Optimization of supply chains and data.
Cons
  • Without many exchanges where it is listed.
  • Not available in CMC.
  • Currently there is not much information related to progress.

Revainrating 4 out of 5

^^Good to see the team making progress with all of the pilots. Gaining new…

^^Good to see the team making progress with all of the pilots. Gaining new commitments proves the quality of the product and process and when it's time to announce these partnerships they will likely be the kind of thing that pumps the price. In regards to the exchange listings, summer 2018 We're in February, lol, that's a pretty long way away to be mentioning a future exchange listing. I'm also not aware of any huge Swiss exchanges as well so that seems a bit uninspiring. All in all Modum…

Pros
  • They are working on a tool for the website where you can put in your address to check which tier you are in. that's really great news. It is a really very nice company. I think this project will bring a lot of profit to investors in a year or two. I am firmly convinced of that MACD has no predictive power. Just like any "technical" indicator. Only thing that matters for MOD is fundamentals right now.
Cons
  • I invested a lot of money in modum. Watching this project now for a few month. Tried to get into the presale but i had no chance to enter there, because many private investors are really impressed about the real life usecase. But anyways i got my tokens now and we i think wont see much ICO-flippers at the exchange launch. hope you filled your bags and locked them for a while, because this is a very nice long term invest!

Revainrating 5 out of 5

going to get listed on more exchanges soon and then the price will go up even…

going to get listed on more exchanges soon and then the price will go up even faster. today a first spike again, has lots of potential that's a very good cooperation. This will not make the track rise today, but in a few weeks. and there will be more partners. it is a really solid ico and all investors can be happy to own this token I would recommend Binance to buy this token it's much faster and easy to understand how to make deposit and take withdrawal as compare with ED. Bianace has good…

Pros
  • To add to this, there is not much you can do because everything will be done for you. You will receive the tokens when they are minted and I'm sure there will be a newsletter concluding the token sale next week. Modum is definitely a long-term investment. The best thing to do is just to forget that you have in your wallet for few years. but something wrong is going with modum coins. these are not the ways a coin dumps. something here is terribly wrong. only the ceo can answer this and close all the block clouds on modum
Cons
  • Came here from the ambrosus thread thanks to Edisney's mention (thanks) ...Liking what I see here, disappointed I missed out on the ICO discounts though. Wondering why a project with this kind of upside for investors is getting so little love on this forum. Quote from Slack:"Voting of the first milestone will happen very soon as promised, we have written a guide with clear instructions on how it works and will share it in the next few days."

Revainrating 5 out of 5

With strong partners, I can understand that the modum project has been…

With strong partners, I can understand that the modum project has been accepted and recognized by them. It'S a logical partnership on their home market. I hope that they will expand their business to other European countries soon. I was really expecting from Modum team to announce the name of new partner. Hope they will do that soon... Many new coin projects are popping up this month but many fail to develop well in the market,I hope this project can be successful and can compete in the market

Pros
  • I was asking about the settings of wallet because i bought them from etherdelta and not from the website because it's closed. Not modum either, but on the slack channel you can see that they are beta-testing IOTA payments. I assume that only after successfully testing this method they will activate it on the website. Not really, it depends on how Modum will perform after official start in Q1/2018, this is from the whitepaper:"The board of modum. io decides and declares the amount of dividends when there is a profit. A payment equivalent to this amount is converted to Ether and sent to the modum smart contract. The modum smart contract evaluates the current holdings and distributes the profits to the token holders in Ether."
Cons
  • This token has under the ICO price just picked some cheap tokens from ED this is strange to see who are dumping this at low price. I think in short time of period we will get X5 when it will be listed on big exchanges this will be very easy profit. I've seen very interesting price movements on this coin these days. Probably they will announce some good news. I would like to believe this possibility

Revainrating 5 out of 5

I red this, but if i remember right, they are searching for for 20 new members…

I red this, but if i remember right, they are searching for for 20 new members to give them a chance to invest a little bit earlier with IOTA, and i don´t want to steal someone who isn´t in the INVITE-ICO a spot. Otherwise i will change the IOTA to BTC and invest with this. Still really glad that i invested early. This project still sounds really good to me. Also the reviews look good so far. I am looking forward into that project. If the distribution of the tokens runs as smooth as the…

Pros
  • The only altcoin I'm actually storing on my Trezor Wallet and I have no intentions of letting go any time soon. Also considering taking a trip to Switzerland to pay Modum a visit. My favorite project and it'll keep on being so, it's kind of awkward being 'in love' with a crypto project but those are my feeling towards Modum! As Kucoin will list MODUM, today BINANCE lists MODUM as well. That's just stealing thunder . MODUM seems to get more and more popular. Good for MODUM and their project! Join the new trading community @ Kucoin Echange - T he P eople's E xchange
Cons
  • I really feels like you invested in some shares when you buy Modum coins. This is serious business and company and at this moment market cap is funny that could be their profit for one Q in few years if team delivers... No experience with MEW so far but I'm curious to know whether adding the MOD token through quoted procedure could allow me to transfer my asset, later on, to my ERC20 Jaxx address. thanks in advance for any indication and suggestion)

Revainrating 4 out of 5

A great team here, looking in future with wide eyes open. Good luck Devs…

A great team here, looking in future with wide eyes open. Good luck Devs. innovations are always welcome Binance is the best Exchange at the moment , so this is the best place where MOD can grow , I see a nice pump in Q1 , a 10X will be great for the start , when the team will announce some big Pharma partnetships I'm sure they won't change the date because of Bitcoin Gold. If they did, then many would whine because they didn't hold the date. 24 hours until the start of the MOD token…

Pros
  • Thanks man! Hopefully it gets listed on few established exchanges, plenty of mcap space to expand 6 posts ever but interested in pictures of EVERY team member ... Some days I think I just cant take it. I saw modum have plan too long. I want heard sound good from development and i very like info from you it do i feel better Well, I can't fathom why someone would sell their MOD at a loss on ED. Maybe it is pre-ICO buyers who are dumping at a mere 1 to 10 Cents winning margin but that I refuse to believe since they were somewhat handpicked. I just don't get it.
Cons
  • This is info from Slack:"Exchange listing:No exchange will commit to listing a token before its distribution is complete. Therefore, we cannot give you more information on which exchange will list our token and when this will happen. We are working towards listing the MOD as soon as possible. and this:"We are intentionally not informing about the state as we want to prevent rumours flying around. And many exchanges actually require to have the smart contract deployed and the tokens minted before they decide to list or not. So we will collect all answers and then decide also on the liquidity of the exchange on which one we go for a listing - because we also have to ensure liquidity in the trading, just having many exchanges listed is not the thing all of us want. So we will have to wait for an announcement about (bigger) exchanges. But it will be definitely tradeable on ED after distribution.