I'm not sure if you really found this project or you are part of their marketing team that has been posting this in the forum.
I've seen the same posts before about MFChain so by checking their website, they are able to met the soft cap. And right now they are still on pre-sale and they will have their working app as well. How long is their ICO going to held? I'm not convinced with this project, their minimum distribution is 5 ETH? that's high.
First and foremost, I did my own personal research and found the following:
1. The pre-sale must have been delayed for current ETH market movements which may be unfavorable for most investors. Especially when you consider that their presale was concluded when ETH was almost double the current price and those who contributed then would be at a disadvantage compared to those investing now - MFX is pegged to ETH.
2. 5Eth minimum contribution seems to be also on the high side, but let's not forget, it's pre-sale price usually with bonuses and all.
3. They already have their MVP, which for me is a plus, unlike other projects with empty promises.
- I even saw a video by Craig the CEO, where he explained the MF2X protocol which is supposed to help merchants be able to cash out crypto to their bank accounts directly.
4. Besides, the guy from Ripple, Brian right? Is supposed to help with the banking integration stuff which for a long time has been one of the major barriers to crypto adoption, don't ask me how.