Modex is noted as the first AppStore for Blockchain and they disrupt trillion dollar markets with decentralized apps for business.
Their presale is currently live and it has been featured accross a really big array of established and respected media. The Modex platform allows the access to crypto currencies and smart contracts.
How does it work?
Esentially, smart contract developers can create smart contracts and upload them on the Modex marketprice in MDX. Modex will then review the ideas before giving it an approved status for all buyers and viewers to see.
The developer uploads the smart contract source code, establishes a price and testing parameters. The smart contract is then reviewed and security audited. After passing the review, the contract is assigned an address and an ABI. The smart contract is then published to the market.
One of the advantages of this is, the same way you search for an app on the AppStore, you literally just search for a smart contract wether you know it exists or not. The user will be able to search for what he needs based on their specific requirements. If there is more than one contract that is offering the same service, the user is allowed to compare and test them before buying them.
The only bad thing about this is the UI feature, where it would be great if they had more info for the users.
As an actual product and as an idea for an exchange, Modex could really help shape the kind of social productivity aspect of crypto.
There will probably be a handful of developers that will come up really well on Modex and maybe start to see a group of people that really excel within building smart contracts. Because of how new this crypto industry is, people are still not aware of what can exist and what can not.
The fact that users can browse on a platform and be able to test everything before they buy, is an amazing feature.