SyncFab initial coin offering (ICO)

Revolutionizing Manufacturing with Blockchain



Eliminate intermediaries and brokers to lower cost and increase your revenue. We directly connect you to hardware manufacturers and provide effortless production tracking. Eliminate marketing costs by having buyers directly connect to your manufacturing facility. SyncFab guarantees payments through our smart contracts and give you full control of your pricing & capabilities.

4
7 7 expert ratings
3.8
4.5
4
3.5
View rating distribution
Starts in 1 year ago
2018-02-15 - 2018-03-15
Token
MFG
Type
ERC20
Price in ICO
1 ETH = 5,000 MFG
Platform
Accepting
ETH,
Soft cap
5,000 ETH
Hard cap
33,000 ETH
Raised
3000000
preICO start
Nov 15, 2017
preICO end
Feb 15, 2018
ICO start
Feb 15, 2018
ICO end
Mar 15, 2018
More on ICO
Report

About SyncFab ICO

Silicon Valley-based SyncFab aims to harness technologies and connect with the IoT and the IIoT to provide purchasers and manufacturers with high quality data that would streamline processes along the supply chain.
Connecting purchasers with manufacturers in the IIoT through its business-to-business (B2B) SaaS ecosystem, SyncFab creates a public, peer-to-peer ecosystem whereby purchasers can find companies capable of advanced machining of on-demand precision parts production and engage participants passionate about improving efficiencies in the supply chain. While the government built the Internet (ARPANET), SyncFab believes the IIoT will be built collaboratively, through public-private partnerships (of which SyncFab has formed). Such cross-sector partnerships will collect and combine best practices and share wisdom from multiple perspectives.
Inventors, innovators, and designers enter an interactive, cloud-based portal where a growing network of certified machine shops and advancedmanufacturing facilities are mapped by several criteria, such as, who is local and clean.
With SyncFab’s curated and adaptive services, companies attempting to shift their manufacturing processes to high-tech smart factories, and those exploring ways to optimize their “cost-to-serve” process (lowering overhead costs per customer account) can find solutions such as sourcing, tracking and organizing precision parts production and improved procurement systems.
A recent report found that U.S. companies spent an estimated $20 billion in 2012, and are forecasted to spend approximately $500 billion by 2020 on smart technologies.
In the 2016 Forbes’ Manufacturer Outlook, 32% of companies surveyed said their corporate strategy largely relies on integrated technologies via the IIoT. See Chart: Putting Technology in the Supply Chain.
These forward-looking companies are the customer base for SyncFab’s services.
Essential to SyncFab’s Smart Manufacturing Blockchain will be the use of the MFG Utility Token, a first of its kind to incentivize community users to embrace blockchain technology. Core to the blockchain’s adoption is a shared sense of trust between purchasers, developers and manufacturers built on a public and more transparent supply chain system, where small to medium-sized manufacturers can access a blockchain and be a supplier in spaces where they are currently obscured.
For example, to compensate for work done on RFQs creates more responses to the just-in-time needs of supply chain purchasers and buyers. Purchase managers cut through trust issues and delays with blockchain’s inherent transparency into cost and quality control.
With the MFG Token’s launch, SyncFab serves as an early adopter, protocol developer and integrator of Smart Contracts into the manufacturing supply chain blockchain. The MFG Token will be utilized firstly on SyncFab, secondly on SyncFab's soon to be developed Smart Manufacturing Smart Contract Ethereum Blockchain and ultimately adopted by new and emerging partner manufacturing supply chain blockchains using SyncFab's developed blockchain smart contract protocols or their own with the industry's first MFG Token Smart Contract-based incentive mechanism.
The MFG Token will be integrated on the SyncFab platform which has a strong network launchpad built out from public-private partnerships. Though it’s designed to serve a public, peer-to-peer Smart Manufacturing Blockchain, it’s utility is designed to be complementary to third party standalone solutions, such as those future supply chain blockchains which are more inward-looking, private enterprise based supply chain blockchains.

SyncFab reviews

Igor Karavaev
ico advisor and investor
Rated on Apr 28, 2018
5
4
3
10%
Christian Ng
Entrepreneur | Blockchain | Fundamental Investment Analyst
Rated on Feb 4, 2018
4
5
2
5%
Inanc Gumus
CTO | Blockchain Due Diligence Expert
Rated on Feb 7, 2018
3
4
3
4%

Engineering team doesn't look experienced enough to tackle such a project.

Maksym Vysochanskiy
Founder of ICOExpert | Appsmoment | Blockchain Advisor
Rated on Feb 15, 2018
5
4
5
14%

Today we are going to present you a new review of SYNCFAB ICO. It was a great time to speak with their core team and get answers on this project. There are some good positive sides of SYNCFAB ICO, which makes it one of the top upcoming 10 ICOs in this month. Why?
https://www.youtube.com/watch?v=m48VHGl7ex4

Vlad Skakun
Cryptocurrency Enthusiast | Senior Analyst at Venture Fund
Rated on Mar 29, 2018
5
3
4
7%
Cem Goksel Ozargun, MA, PMP, CSM, PSPO
Blockchain Advisor, Blockchain Expert, ICO Investor, Product Manager, Project Manager, Trader, Lecturer, Jack of All Trades
Rated on Jun 22, 2018
4
4
3
14%

I'm not very sure how this will work on blockchain but the vision and product seems promising. However, the token has lost an extreme portion of its value. I am not sure if it will be able to get back to normal.

Team: 4
Vision: 4
Product: 3

PlumBot
ICO Analyzer Bot
Rated on Sep 13, 2018
0
0
0
46%


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.

SyncFab ICO price

Price in ICO

1 ETH = 5,000 MFG

SyncFab (MFG) crypto

SyncFab coin

SyncFab token
MFG
SyncFab type
ERC20
SyncFab platform

SyncFab (MFG) value

Tokens for sale
300000000

SyncFab market cap

SyncFab market capitalization
$ 3000000

SyncFab investment info

Accepting
ETH,
Soft cap
5,000 ETH
Hard cap
33,000 ETH

SyncFab whitepaper

SyncFab team

Apply as an advisor

Mike Jones

Advisors

Gil Penchina

Advisors

Jeff Berwick

Advisors

SyncFab milestones

1
Quarter 1, 2018

WePower idea

2
Quarter 1, 2019

WePower idea

3
Quarter 2, 2018

WePower idea

4
Quarter 2, 2019

WePower idea

5
Quarter 3, 2018

WePower idea

6
Quarter 3, 2019

WePower idea

7
Quarter 4, 2018

WePower idea

8
Quarter 4, 2019

WePower idea

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