SyncFab – MFG ICO Revolutionizing Hardware Manufacturing with Blockchain? (ICO REVIEW)

SyncFab Co. a leading regional supply-chain management and business-to-business procurement platform for precision parts production, today announced its Utility Token Sale (Token Sale) effort to establish its ERC20 Ethereum MFG token and to present blockchain technologies to achieve better operational efficiency for its fast-growing community.


Employment the forthcoming utility market on SyncFab's eco-system, supply-chain purchase supervisors, CNC machine shops and third party design firms will have the ability to supply secure contracts on the blockchain.

What is SyncFab?

SyncFab is a new decentralized platform based on blocking technology, which uses IOT, smart-contract. It revolutionized production, connecting direct buyers with equipment manufacturers. Syncfab creates the world's first supply chain for peer-to-peer manufacturers. The buyer's relationship with producers at IIOT passes through the SaaS B2B ecosystem. In this way, buyers and producers will be able to automate and establish procurement and supply chain processes.

SyncFab Solution

There are many intermediaries and large companies, which in turn greatly inflates prices. Thus, small and medium production is not allowed to flourish. SyncFab will use Smart Contracts to cut resellers, work directly to automate the process. Now more you will not waste much time for misunderstandings, leading to failure in the production process. All inquiries will go directly to manufacturers that meet buyer requirements for Smart Manufacturing Blockchain.


Have your own MFG token

The platform will have its MFG token.
Advantages of tokens:
1. Cheap and high quality technology from the source
2. Purchase, tracking and reordering on request
3. Connect to a network of local verified users
4. Secure transactions through smart contract
5. Full control over your prices and opportunities
6. Secured payment through smart contract
7. Less problems with overheads and processes aimed at producing the highest quality product

SyncFab's Contribution to the Industrial Revolution 4.0

Silicon Valley-based SyncFab aims to leverage technology and connect with IoT and IIoT to provide buyers and manufacturers with high-quality data that will streamline processes along the supply chain.

Linking buyers with manufacturers in IIoT through the business-to-business SaaS (B2B) ecosystem, SyncFab creates a public peer-to-peer ecosystem where buyers can find companies capable of implementing high-precision on-demand production machines and engaging participants. eager to improve efficiency in the supply chain. While the government is building the Internet (ARPANET), SyncFab believes that IIoT will be built collaboratively, through public-private partnerships (which have been formed by SyncFab). Such cross-sector partnerships will collect and combine best practices and share wisdom from multiple perspectives.
Inventors, innovators, and designers include interactive cloud-based portals where certified network of equipment stores and manufacturing facilities are mapped with several criteria, such as local and clean.

1. With surveyed services and adaptations from SyncFab, companies seeking to shift their manufacturing processes to high-tech smart manufacturers, and those exploring ways to optimize the "cost-for-service" process (lowering overhead costs per customer account) can find solutions such as sourcing , tracking and organizing precision parts of production and better procurement systems.
2. A recent report found that the company's U.S. spending about $ 20 billion in 2012, and is expected to spend about $ 500 billion by 2020 for smart technology.
3. In 2016 Forbes' Manufacturer Outlook, 32% of companies surveyed said that their corporate strategy relies heavily on integrated technology through IIoT. See Chart: Putting Technology in Supply Chain.
4. This forward-looking company is the customer base for SyncFab services.

Important for SyncFab's Smart Manufacturing Blockchain will use the MFG Utility Token, the first of its kind to provide incentives to community users to embrace blockchain technology. The core of blockchain adoption is the shared trust between buyers, developers and producers built on a more public and transparent supply chain system, where small to medium-sized producers can access blockchain and become suppliers in the space where they are now obscured. .

For example, to offset the work done on RFQ creates more responses to the needs of buyers and buyers of the supply chain in a timely manner. Purchasemanagers cut the trust and delay issues with the inherent transparency of the blockchain into cost and quality control.
With the launch of MFG Token, SyncFab serves as an early adopter, Smart Contracts protocol developer and integrator into the blockchain manufacturing supply chain. The MFG Token will be used first in SyncFab, the second on SyncFab's soon developed Smart Manufacturing Smart Contract Ethereal Blockchain and eventually adopted by new and emerging supply chain manufacturing partners using SyncFab's own synchronized blockchain contract protocol or their own with the industry's first MFG The Token Smart contract-based incentive mechanism.

SyncFab Token Sale And Platform
Foto Bambang Widarto.
The Token Sale event will start on October 16th. For more info about the MFG token sale, visit https://blockchain.syncfab.com.

SyncFab platform comprising mobile accessibility, optimized page load time, robust search feature, more compact order flow, digital inspection file, and online payment.

Founder and CEO of SyncFab, Jeremy Goodwin, commented, "With the launch of the MFG token, we plan to blaze a path in smart production and procurement to produce economies-of-scale manufacturing more affordable and accessible to all.

As we are committed to efficiency and security, we will manage our supply chains. Through our automatic peer-to-peer platform, SyncFab can also be a major issue for manufacturers with limited marketing budgets and underutilized capacities. "

"The potential of smart manufacturing is data-optimized precision parts manufacturing. Different from Alibaba's professional services of linking international buyers with cheap traditional manufacturers in China, SyncFab is catering to the burgeoning clever manufacturing market in the US and Europe. The value proposition of SyncFab is that, by linking supply-chain purchase supervisors with those underutilized smart producers with advanced CNC machine shops, many nationally innovative factories are becoming more accessible and effective and procurement prices are reduced, "Goodwin reasoned.

About SYNCFAB

Founded and headquartered in Silicon Valley at 2013, SyncFab is an active supplier of best-in-class low-cost solutions to supply chain buyers and national manufacturers. SyncFabearn as an Internet Design-For-Manufacturability Platform and later evolved to a business-to-business supply-chain assum IIoT Machine Learning Data mobilization platform matching industrial components local and who's clean - an ISO 50001 US DOE certification for energy efficient management.

SyncFab's state-of-the-art B2B ecosystem enables sustainable neighborhood advanced manufacturing market by enabling buyers to secure, manage and track parts production online, which makes local manufacturing more desirable and rewarding and creating procurement bidding process more transparent through the energy of the internet , blockchain and internet payment.

SyncFab's customers include top 50 industrial makers in the Northern California area. SyncFab collaborates with national and municipal authorities initiatives in public-private partnerships to advance civic innovation and economic development.

Details of ICO

The MFG Marker is a utility token used to reward buyers and producers, make transactions.
Users can use MFG marker from October 16, 2017.
For general sales, there are 300,000,000 MFG tokens.
Total token volume issued is 1,000,000,000 MFG tokens.
Date of Sale: November 2017
Price 1 ETH = 1000 MFG


Token Sale

• Exclusive Adopter Exclusive Sales - November 15, 2017
• Public Presale - January 1, 2018
• General Sale - February 15, 2018
1 ETH = 1,250 MFG ~ $ 0.20.
Cap Hard: 60,000 ETH
Total Supply: 1,000,000,000 MFG
The final value will be determined by the sale.
Strategic Partnership Adoption Pool 30%
Public Market 30%
Founder, Advisor, Bounty 10%
SyncFab (Technology Development) 15%
Smart MFG Tech (Ecosystem Health) 15%




Roadmap

1
Quarter 1, 2018
MFG Token Generation Event and Distribution
2
Quarter 2, 2018
MFG Token Acceptance Integration
3
Quarter 3, 2018
Format Ethereum Blockchain Smart Contracts for Purchasers
4
Quarter 4, 2018
Format Ethereum Blockchain Smart Contracts for Suppliers
5
Quarter 1, 2019
Implement MFG Ethereum Supply Chain Blockchain Smart Contract
6
Quarter 2, 2019
Survey Machine Shop Upgrade Requirements
7
Quarter 3, 2019
Formulate Upgrade Solution for Machine Shops
8
Quarter 4, 2019
Begin Implementing Machine Live Data Feed Upgrade Solution

Token info

Token
MFG
Platform
Ethereum
Type
ERC20
Price in ICO
1 ETH = 5,000 MFG
Tokens for sale
300,000,000

Investment info

Accepting
ETH
Soft cap
5,000 ETH
Hard cap
33,000 ETH
Contacts
The developers can be contacted using the link below:
Bitcointalk


ETH Address : 0x4be0D62Fc296136326F1A6BB6E3A543472c41820

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