Today, the social payments app Moneymailme announced the development of a new blockchain platform called Modex - a smart contract marketplace designed to bring the benefits of blockchain closer to real world usage and make them easier to access and use.
Quote from their website: Modex is a Smart Contract Marketplace and app ecosystem that allows for easy, user friendly access to crypto-currencies and smart contracts alike. Developers can leverage Modex to monetize their skills and offer Smart Contract solutions to end-customers and contributors. The real-world community can easily find Smart Contracts that meet real-world needs, are already audited and secure, without having to scout developers and manage one-off development projects.
In other words, the Modex platform will fill the gap between smart contract programmers worldwide and their potential customers. So if you are a blockchain programmer, you can list your smart contract on Modex and companies that find it useful will be able to buy it and implement it for their business.
Why I like the idea: because it is just another step to making blockchain more usable and mainstream-friendly. I see Modex as the App Store or Play Store for smart contracts. It's that revolutionary! Try to imagine smartphones before and after the App Store and Play Store and compare the two moments. So a marketplace can really make a difference for all the parts involved, whether it's a marketplace for apps, goods or even smart contracts.
The MDX token sale will start on October 8th and investors will be able to contribute with ETH or BTC. Another thing I like is that all unsold tokens will be burned. No need to say that MDX will be a useful real-life token, as it will be the Modex marketplace official token. In addition to that, I read in the whitepaper about a Modex card that will be real-world usable, which I consider is very good, however it is not revolutionary (see TenX, Monaco and Bitpay).
As a conclusion, I believe Modex is a very promising project with great long-term usability and also very ambitious goals. If the team will commit to it, I see great things happening in the next 2-5 years. The crypto revolution is unstoppable!