SyncFab Review – Register, Login. Token Sale, ICO, Reddit, support
Syncfab is an ICO lending Ponzi which claims to specialize in hardware production.The domain was formally registered on the 20th day of August, 2013. It has most of its website traffic flowing from the United states and United kingdom.
It’s IP Location is Virginia. According to Syncfab, “Decentralized hardware manufacturing. Syncfab revolutionizes manufacturing by connecting buyers directly to hardware manufacturers. Through the Smart Manufacturing Blockchain, purchasers and manufacturers will be able to streamline the procurement and supply chain processes, protect intellectual properties, source, and track parts production in real time and ondemand.”
TOKEN SALE: 15 FEB – 15 MAR
- Ticker: MFG
- Token type: ERC20
- ICO Token Price: 1 MFG = 0.14 USD (0.00020 ETH)
- Fundraising Goal: 23,400,000 USD (33,000 ETH)
- Total Tokens: 1,000,000,000
- Available for Token Sale: 30%
Some of the frequently asked questions about this platform is :
What is the MFG Token and what utility does it play within SyncFab?
The token will be used to execute smart contracts, incentive and reward purchasers and manufacturers who will be placing parts production orders within SyncFab and the Smart Manufacturing Blockchain.
How many MFG tokens are there in total?
Prior to the Token Distribution Event, SyncFab have generated a total supply of one billion MFG tokens (1,000,000,000). That will be the entire supply of the MFG Tokens – no more will be created after it’s generated.
How does this entire sales event work?
You are a purchaser or manufacturer and want to buy the MFG token early on to use with the Smart Manufacturing Blockchain. SyncFab have created a crowdsale smart contract, containing a smart contract address. After determining how many MFG tokens you want (more information on https://tokensale.syncfab.com), you will convert the token value to ether (ETH) and will send the ether to the crowd-sale smart contract address. The smart contract will convert the amount of ether it received from you into MFG Tokens.
NB – Syncfab has no other means of money entering it except money generated from new affiliates and this is is a feature of a Ponzi scheme. In Ponzi schemes, money generated from new members are used to pay old members their ROI.
Most ponzi schemes fold or wind up once there is reduction in the number of new affiliates. You are hereby advised to invest with caution.
Click link below to access, register or login to Syncfab