The Modex ICO will last for 30 days or until its cap is reached

Modex's App Store for the Blockchain is scheduled to be launched on March 15th, timed right before the company's much-awaited ICO, as announced by Modex's CEO Mihai Ivascu on the Paris Fintech Forum stage.

Built by the team behind the award-winning peer-to-peer mobile payments app Moneymailme, Modex is a smart contract marketplace for developers to upload and sell their products after they have been carefully vetted and audited.

Strategically timed for the 28th of March, the Modex ICO will last for 30 days or until its cap is reached. The Modex ICO pre-sale is currently open and accepting contributions from early supporters of the smart contract marketplace.

Early indications of enthusiasm for the platform is clear, as over 600 blockchain developers from all over the world have registered to join the community and the Modex team is already onboarding clients for their smart contracts.

By identifying a list of key use cases for smart contracts to prioritize in order to both attract development talent and seed the marketplace with strategic smart contracts, Modex is set to bridge the gap between businesses and blockchain developers, based on real-world needs.

The Modex token is based on ERC20. After the ICO, Modex will be issuing Modex tokens that can be used to pay platform service fees, make smart contract purchases and gain access to a complete suite of APIs for decentralised transactions.