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#Blockchain All projects

Magnify: Stores Your Crypto

Our project solves the problems associated with the storage of cryptocurrency and will make the activity easier and smarter

stage Ended crowdsale

KPLs

  • Employees11

Team

11
man MIGLE

DEVELOPER & BLOCKCHAIN ENGINEER

I am self-educated developer and blockchain engineer. I have been freelancing since September 2014. First of all I was web developer. I have finished school in May 2018 and I've started studying cyber security at University, BTU.

ZAKARIA CHIBUKHASHVILI

CEO

LASHA KANDELAKI

CHIEF INFORMATION OFFICER

KONSTANTIN BATMANIDI

HEAD OF MARKETING

GEORGE TARIELASHVILI

HEAD OF UI/UX DESIGN DEPARTMENT

DAVIT KANDELAKI

SYSTEM ADMINISTRATOR

DAVID KILADZE

SALES AND MARKETING SPECIALIST

GIORGI MGALOBLISHVILI

BUSINESS ANALYTICS

ANNA BATMANIDI

SOCIAL MEDIA MANAGER

SALOME CHIBUKHASHVILI

SOCIAL MEDIA MANAGER

SOPO ELOSHVILI

BUSINESS STRATEGY




Crowdsale details

Distribution of tokens
  • On Sale (4900000)
  • Team (2300000)
  • Bounty (500000)
  • Reserve (2300000)
Details Indicators
Token Symbol MGF
Full Token Name Magnify token
Crowdsale Start September 1st, 00:00 GMT+03:00
Crowdsale End Hard cap is reached or October 31st, 00:00 GMT+03:00
Crowdsale Hard Cap Fixed, $4800000
Crowdsale Soft Cap Yes, $1500000
Domain owner Individual

Cost of the token

1 token for 1 $

Price without discounts

Bonuses

Crowdsale
Bonus Dates Minimum purchase amount
50% September 01 — 04, 2018
30% September 04 — 11, 2018
20% September 11 — 25, 2018
10% September 25 — October 08, 2018
5% October 08 — 31, 2018

Accepted currency

  • Bitcoin
  • Ethereum
  • Other


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FAQ

Frequently Asked Question

Which crypto currencies will be represented in Magnify?

At the first stage, at least 10 basic crypto currencies will be maintained in our system. New coins will be added via voting on the site. All coins available in Cold Storage will be supported in MAGNIFY mobile and MAGNIFY exchange.

The list of the basic crypto currencies of the Magnify Wallet is as follows: Bitcoin, Bitcoin Cash, Litecoin, Etereum, Ethereun Classic, Zcash, Ripple, Tether, Dash, Monero.

Which operating systems does Magnify Mobile support?

The application will be available for iOS, Android and Windows Phone users.

What does Zero Fee Transaction mean?

Magnify Public is a centralized information and financial system which allows us to not charge an extra fee for the internal transfers between customers, and allows the crypto currency to reach an account instantaneously.

Can I use any USB flash drive?

Yes, you can use any USB flash drive.

How is the USB flash drive protected?

Data on a card are encrypted based on the best practices of modern information systems requirements and their encryption fully corresponds to the crypto currencies market requirements.

Additionally, the program combines all the modern methods of identification, authorization, checking, and double confirmation inherent to high assurance information systems. Some of these protection methods can be switched on and off at your discretion, some are uninterruptable. As a result, you can choose a set of data security tools and methods that is convenient for you and at the same time safe and reliable.

Will I be able to send/receive cryptocurrencies without a USB flash drive connected?

In order to receive the crypto currency, you need only a public address. When the USB flash drive is not connected, you can always get your crypto assets as you can send crypto currency in many ways. Withdrawal from Cold Storage is only possible with the USB attached. When your assets are transferred to Magnify public, you can manage them with a mobile phone without the USB connected.

How to recover my data and regain access to my crypto wallet if my USB flash drive is lost or damaged?

Loss or damage of the USB flash card can affect only Cold Storage data that are controlled by you. The USB flash card does not affect access to the Magnify Public services.

If the USB flash card is damaged or lost, the following options remain:

If you have kept PRIVATE KEY as it was recommended upon installing the program on the USB flash card, you (and only you) can access your protected crypto monetary assets through the blockchain of your crypto currency. You can reinstall the application on another USB carrier and relocate your coins to the new Cold Storage via standard blockchain means.
If you are using our Safe service, which is highly recommended, it will request a special phrase containing no less than 12 words that encrypts your PRIVATE KEY. Following that, it will automatically install the program on the USB flash card, generate a new PRIVATE KEY and relocate your coins from an old account to a new one. It will also encrypt a new key with your special phrase.
If you are using the Safe service, the program will fulfill the entire operation by itself.

However, keep in mind that PRIVATE KEY and the Safe key phrase are stored by you, which means that if you forget the key while switching off the Safe service or if you forget the key phrase as well, we will not be able to restore your access. We do not keep your key phrase and Cold Storage PRIVATE KEY without your permission. You are entirely responsible for the safety of this information.

What is Magnify Card?

Magnify Card is our service where you can add your credit/debit card to our system and withdraw fiat with the lowest fee available on the market.

Do you need full verification of the identity for Magnify Card?

In order to use Magnify Card, you need to fully verify your identity.

What are the commissions and limits on depositing and withdrawing funds?

There are no restrictions or commissions for entering magnification into the MAGNIFY system. For the withdrawal of funds we have developed a standard package of limits and commissions that will be presented to you on our website. The commission will be as low as possible and the limits as high as possible!

What does «0% up to $1,000,000 Trading Volume» mean?

Within the ICO, Magnify Wallet makes a unique offer. You will be able to trade cryptocurrency for a total amount not exceeding $1,000,000 without any commission fees, and you can get this service for the price of 100 MGF. Once activated, this service has no expiration term. You can activate it by yourself and start trading. When the trade volume reaches a limit of $1,000,000, the service will be disconnected, but you will be able to prolong it to the subsequent amount of $1,000,000 for an additional 100 MGF. If for some reasons you do not want to use this service, you can use a standard commission rate - 0.1%. This offer is valid only for the ICO participants.

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