MF Chain is a public smart contract platform with merchant payment integration. MF Chain is bringing to market the first ever rewards program for both merchant and consumers that allow users to earn rewards (in the form of the native MFX token) for purchases made or processed using the MF Chain payment solution.
Currently in beta testing with full launch planned in Q3 2018. The greater vision of MF Chain, is the MF Mainnet. A direct commerce integrated smart contract platform with the goal of 10’s of thousands of merchants once live.
MF Mainnet will be like no other blockchain, catapulting its capabilities directly into the stream of commerce and allowing ICO and dApp projects to tap directly into this wealth. With a dBFT/POS hybrid consensus method, MF Mainnet will achieve consensus with minimal energy consumption and in an eco-friendly manner. Using an incentivized masternode offering, MFM will achieve decentralization with thousands of globally distributed nodes.
MFX token is not a security by common definition. Although the MFX token may have multiple use cases, by design MFX is a utility token used to facilitate a rewards program for merchants and consumers — much like the many very popular credit card rewards programs in existence today. MFX does not offer ownership or shares in any organization. MFX does not pay a dividend nor does MFX offer profit sharing of any kind whatsoever. MFX is not a speculation mechanism.