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Ratings Modex

The World’s First Marketplace for Blockchain with Dev Platform.

Modex has built a Smart Contract Marketplace and a Blockchain Developer Tools Platform. Modex aims to become the go to place for developers looking to monetize their blockchain programming skills and increase their revenue, as well as companies in need of blockchain development services and ready-to-buy smart contracts.

3.8
29 28 expert ratings
Benchy 4.3
KYC
Experts
3.9
3.9
3.4
Review: coming soon PRO

Ended
Token
MODEX
Type
Price in preICO
1 MODEX = 0.40 USD
Price in ICO
0.8000 USD
Country
Whitelist/KYC
KYC
Restricted areas
USA, China, Vietnam
preICO start
19th Jan 2018
preICO end
19th Apr 2018
ICO start
15th Sep 2018
ICO end
25th Sep 2018
Visit ICO website
Report

Ratings

All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Igor Karavaev
Blockchain Enthusiast and Advisor
Rated on Mar 23, 2018
Modified on Dec 4, 2018
3
3
3
5%

The team does not have enough blockchain and business experience. The whitepaper should be improved as to business planning and marketing. No MVP available

+1Agree
+1
Disagree
Report
Vladimir Nikitin
ADVISOR | CONSULTANT | EXCHANGES Listing
Rated on Apr 22, 2018
3
4
3
3%
This rating's weight is reduced by 50% as there is no review added.
Clemen Chiang
Ph.D. | CEO | FinTech in Stocks | Blockchain in Cryptos | Author of Amazon Best Sellers in Online Trading
Rated on Sep 24, 2018
3
3
3
5%

"Soft cap10577066 USD
Hard cap10577066 USD"

Both soft cap and hard cap numbers are the same. This is not realistic in view of the current market conditions.

Have you thought through carefully?

+3Agree
+1
-2Disagree
Report
Nathan Christian
Blockchain Technology Consultant
Rated on Dec 30, 2017
4
5
4
5%

Great team and vision

+5Agree
+4
-1Disagree
Report
Luca Cotta
Icodriver...expert launching ICOs, ICO Influencer, IT expert.
Rated on Oct 21, 2017
3
2
2
2%
This rating's weight is reduced by 50% as there is no review added.
Mofassair Hossain
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert
Rated on Mar 2, 2018
4
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Nozomu Nakazato
Blockchain consultant
Rated on Sep 22, 2018
3
3
2
5%

The team seems to be in service, but MVP does not work. In the case of such a project MVP is absolutely necessary.
I will wait for the completion of this and improve the evaluation.

+12Agree
+12
Disagree
Report
David Drake
Managing Partner
Rated on Apr 18, 2018
5
5
4
5%

I like the concept, but I like to see a developed product more, this could be something significant if executed as planned. ..$125M Hard cap?

+2Agree
+2
Disagree
Report
Paresh Masani
Executive Director | Project Lead | Developer | Influencer | Advisor | Blockchain Lover | Influencer | Strategy and Vision Execution
Rated on Sep 23, 2018
3
2
1
4%

Team seems to be business and I think none of team member has an idea about how smart contracts works technically!
Smart contract marketplace is really not needed as there are already smart contracts available open source which are solid and audited and provan. Whole world uses Zeplin based smart contract and for most of ICOs it works fine with bit of customisation on top of it.
I cannot see their Github account and no MVP.
I don't see strong utility for their Token MODEX. Their price is $0.80 which is almost twice as Ripple for example even after it boomed last two weeks! Very risky investment!!!

+2Agree
0
-2Disagree
Report
P.B. Stanton Esq.
Securities and Banking law | Former US Marine JAG Officer | Complete legal advisory
Rated on Dec 31, 2017
4
4
3
4%

I will invest

+4Agree
+4
Disagree
Report
George Han
ICO Advisor
Rated on Mar 10, 2018
5
4
4
4%

A highly relevant business that will see much scalability.

+2Agree
+2
Disagree
Report
Suzat Fernandes
CFO & Co-Founder
Rated on Sep 18, 2018
4
4
3
4%

Modex is a platform that caught my attention. There are very few projects who are geared towards developers in the market. It will also motivate more people to learn how to develop smart contracts and applications on the blockchain. The team is strong and well equipped. A MVP will help in deciding whether the team is up to the task. Good Luck.

+2Agree
+2
Disagree
Report
Irina Nikitina
Lawyer
Rated on Apr 1, 2018
4
3
4
4%

Need working product

+1Agree
+1
Disagree
Report
Boris Otonicar
Blockchain Specialist BVS; ICO Advisor; Scrum Master; Switzerland
Rated on Sep 21, 2018
5
5
5
4%

The team is solid and its an interesting idea. Its a good idea that developers can monetize their skills. That a blockchain will be used for the platform makes the blockchain again useful and will show the world that it brings value. Its good that they have strong partners for managing the ICO. I wish to this project very good luck.

+1Agree
+1
Disagree
Report
Paul Scott
STO-ITO-ICO Advisory | Strategy | Decentralization | Commercialization
Rated on Mar 7, 2018
4
5
3
4%

This rating is done on request from the team.

The team and vision look strong, with some gaps that could be relatively easily solved with the addition of key skills, especially in the tech space.

Product has become paramount and not having an MVP (although the prior development work looks sound) might hamper a successful raise, as well as the hardcap which looks very aggressive.

Conceptually I like it - and I hoe it succeeds.

+2Agree
+2
Disagree
Report
Arturas Svirskis
Listing tokens to 50+ exchangers, Market Making services, ICO and STO advisory
Rated on Mar 24, 2018
3
4
4
2%
This rating's weight is reduced by 50% as there is no review added.
Simon Cocking
Editor in Chief, Cryptocoin.News
Rated on Sep 20, 2018
Modified on Sep 20, 2018
3
4
3
3%

Looks interesting. Challenge will be to get traction on the site & for the usage of the token. Not much time left too, and a tough time in the market, so interesting / tough times.

+1Agree
+1
Disagree
Report
Alexander Mitrovich
Managing Partner, Usetech.com
Rated on Sep 20, 2018
4
5
5
3%

Infrastructure projects like this is what the market needs. Very timely, and likely to get traction and real use (unlike most projects doing the ICO). Team with real Executive experience. As a person running the software development firm I'm very much looking for this project to develop and may use it myself. Best of luck!

+1Agree
+1
Disagree
Report
Doris Cornago
Account and Investor Relations Manager at Utopian Capital
Rated on Jul 14, 2018
4
4
4
3%

Strong Team. Great Concept. What remains is transforming vision to reality. Until we have the MVP, everything will just be speculation and success will be everyone's guess. Mass adaption is the key.

+1Agree
+1
Disagree
Report
Faiz Ahmed Faiz
Chief Strategist @ CoinPromoter, Owner of CoinCritique, Advisor to Skraps, EARTH Token & ERN Token
Rated on Mar 9, 2018
5
4
4
3%

TEAM 5/5
What I like about this project is their transparency.. I have not seen such detailed team listing on many websites. And they covered one thing most projects overlook, the legal advisor. The team has been rather responsive, a good sign. Moreover, the team looks competent. I can not verify each of those LinkedIN profiles but I did some random checks and things lookd good there.

VISION 4/5
Again, the vision is grand although that has been the case with every other ICO. However, what is good about this one is that I have not heard of any other project which is directly competing with them. I would love to see them succeed.
Deducting one point for that ridiculous hard cap, come'on guys.. you need 12.5m to build the platform and to go rich, not 125m!!

PRODUCT 4/5

Cant judge future so cant really know what and if they will deliver. However, the product mock up looks sleek. Hope they really deliver.
Marketplaces have not been really successful lately so, wishing you luck!

+3Agree
+2
-1Disagree
Report
Pavel Stukolov
CEO at TokenStars, sports talents management platform on the blockchain
Rated on Apr 20, 2018
4
4
2
3%

Not a good product.

+1Agree
+1
Disagree
Report
Benjamin Randall
Blockchain Advisor
Rated on Feb 19, 2018
5
5
5
3%

In my opinion, great team and execution. The vision for the real world to be able easily find Smart Contracts that meet real-world needs is a good idea that needs implementation!

+4Agree
+4
Disagree
Report
Edd Carlton
Head of OTC Trading
Rated on Dec 4, 2017
5
4
5
1%
This rating's weight is reduced by 50% as there is no review added.
Farabi Shayor
Marketing Professional | Research Experience Lead | Cryptocurrency Specialist
Rated on Mar 9, 2018
3
5
3
1%
This rating's weight is reduced by 50% as there is no review added.
Nazib Ullah
Lawyer
Rated on Mar 7, 2018
4
3
3
2%

Hard cap of $125 million explains that the team requires financial experts who possesses experience in the field of cryptocurrency. You dont need that much money to develop a startup. Interesting idea.

+2Agree
+2
Disagree
Report
Vladimir Dyakov
Business development expert & CEO @ AB-CHAIN
Rated on Sep 24, 2017
5
4
4
1%
This rating's weight is reduced by 50% as there is no review added.
Mauro Andriotto
Mauro Andriotto - Prof Corporate Finance | EU Commission and Big 4 Consultant | CEO @ AFS
Rated on Sep 21, 2018
4
4
4
2%

The team is ok. I like that the product is innovative, I like the vision too. It would be great to have an MVP released for such a concept.
I am confused by the numbers though. Why are the soft cap and the hard cap the same? Need improving

+1Agree
+1
Disagree
Report
Timothy Rainer
Entrepreneur, Blockchain Evangelist, CEO, Fintech Business Advisor
Rated on Sep 23, 2018
5
5
5
2%

I like the idea and the goals of this company. Challenging but worthy of the challenge.

They have gone through Gibraltar which offers much required infrastructure for growth.

Team is strong and support is great.

I have given a 555 based on my personal view of the progression under the current circumstances and use case potential.

+1Agree
+1
Disagree
Report
Benchy
ICO analyzer bot
4.3
12%

Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.

Ratings and ICO analyzer results are being updated (re-calculated) every few hours.

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ICO KYC Report
2 members invited
Mihai Ivascu
Passed
Paul Mears
Passed
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
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