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ModiCoin: the Safe Space for Token Aficionados

ByLouis Adams

Feb 4, 2022
Reading time: 3 minutes

ModiCoin (MDN) – An upcoming game-changer in DeFi space claims to be the safest and the most reliable space for investors in DeFi space due to the safety measures they have incorporated. Not only have they enhanced the dimensions an ideal cryptocurrency should dwell in, but they have also developed a model that encourages to assist and support a benevolent place.

ModiCoin: Key Highlights

Here are some of the key highlights of ModiCoin:

  1. The ModiCoin mechanism of injecting the currency in the market is using Binance Pay as the payment method to avoid sharks from buying the tokens and manipulating the prices. It is the most secure border-less payment technology designed by the largest crypto exchange- Binance. Additionally, the platform is using Trust Wallet for participants to receive their tokens through private sale, post which it is using Unicrypt, the most secure system to securely vest those tokens for 10 months. ModiCoin tokens are safely invested with Unicrypt for token vesting. Every month 10% of the tokens will be unlocked and users can either hold the tokens or withdraw them.
  2. ModiCoin offers all its users the benefits of locked liquidity to have the stability of the tokens. A cautiously defined strategy guides the way for the currency avoiding any fraudulent activities.
  3. The platform has deployed a robust anti-whale and anti-dumping mechanism, thus ensuring that the token holders do not have to face the adverse effects of price manipulation. It also claims that the tokens would be distributed uniformly across all the holders, thus maintaining true decentralization by not allowing a handful of individuals to control the ecosystem.
  4. MDN is a deflationary token with a pre-scheduled burning mechanism, thus programmed to grow in value over time.
  5. The platform has an automated liquidity pool that ensues sufficient liquidity while price floor creation so that the token value is protected during sell-offs.
  6. To ensure a healthy circulation of assets within the ecosystem, ModiCoin reallocates 2% of every transaction to existing shareholders.
  7. ModiCoin has managed to trademark its token, which in itself is a rare achievement, thus showcasing the credibility it has achieved.
  8. ModiCoin has not only harnessed the power of blockchain technology, but it has also worked on enhancing the efficiency of blockchain by developing an improved version.
  9. The ModiCoin team is working towards developing the most advanced and innovative crypto decentralized banking infrastructure, thus potentially generating an immense future value for all the stakeholders.
  10. The project has already grabbed a lot of media attention from across the world, some of the most prominent ones being HUM FM 104.2, Radio Haanji Australia, and Radio City India, 5aab TV Australia, thus reflecting global interest in the project’s advanced and innovative proposition.

ModiCoin’s Vision: ModiCoin Foundation

Unprecedented, the token currency has been persistently working towards the betterment of not the ecosystem, confined to payment integration system, but also extended to humanity and compassion. ModiCoin forms a firm backbone to ModiCoin Foundation which is established for the goal of rehabilitating lost kindness by helping the orphan children of the society. The aim is to normalize their life and assist them in shaping their life with happiness, love and quality.

ModiCoin has set aside a definite part of the tax that it leverages in order to support the foundation. With the best interest of the stakeholders along with the society, the objective of coalesce advancement is always encouraged.

The coin encourages a safe space for token aficionados and also aims to spread awareness for the foreseeable future. Encompassing an unparalleled and unprecedented potential, ModiCoin is believed to bring about a revolution that shall redefine the dimensions of the crypto industry. The currency’s steady and stable return mechanism shall create ripples in the history.

ModiCoin Smart Contract has already been whitelisted on Unicrypt and has been audited twice by eNebula for security clearance. Users can verify this with the Smart Contract address – 0x6720998132da8a97e6e4a41f5059dd353562f5b6.

About ModiCoin

ModiCoin stands for ‘Medium of DeFi in Centre of Incorruptible Network’ and it is a community-driven token. It has harnessed the power of blockchain technology to create a platform that aims to optimize how people handle their digital assets in terms of saving, investing, lending, borrowing, trading etc.

ModiCoin is developed using the BEP20 standards and deployed on the Binance Smart Chain. Furthermore, it claims to be a highly scalable platform that is well-equipped to process lightning fast cross border transactions for a wide array of applications.