SyncFab
SyncFab
Token: MFG


Revolutionizing Manufacturing with Blockchain

ICO dates
Start date: 2018-02-15
End date:

Registrated in: Undefined

Platform: Ethereum
Type: ERC20

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https://blockchain.syncfab.com/ Screenshot
SyncFab categories
Platform
SyncFab whitepaper
Video
SyncFab token sale
KYC passing required No | Whitelist No | Restriction for countries No
Soft cap 5,000 ETH
Hard cap 33,000 ETH
Tokens for sale 300,000,000
Price 1 ETH = 5,000 MFG
Acceppting ETH
SyncFab news, social
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Random whitepaper excerpts

Table of Contents
Regulatory Strategy
5
Abstract
5
1.0 Industrial Revolution 4.0: Where Manufacturing Technology Meets Global Demand 6
1.1 SyncFab’s Contribution to the Industrial Revolution 4.0
7
2.0 Braving the Burdens of Today’s Manufacturing Processes
11
2.1 High costs related to procurement brokers and agents when sourcing materials 12
2.2 High minimums for production because of time spent on finding the right
manufacturing suppliers. Data regarding: performance track record, quality, and size of
contracts between purchasers and manufacturers remain in silos.
12
2.3 Difficulty seeing manufacturer capacities and capabilities to achieve economies of
scale within the supply chain
13
2.4 Difficulty tracking progress along the supply chain (when purchasers and
manufacturers confront delays, or need to resolve problems in real-time throughout
the production process)
14
2.5 Loss in labor-hours to inefficient procurement process...

4.3 Incentivizing the Purchasers
25
4.4 Workflow and Distribution for Manufacturers
26
4.5 Transaction Fee
26
4.6 More Potential Uses for MFG Tokens (Future Builds)
27
4.7 MFG Economic Model
27
4.8 Loyalty Pool (Transaction Turnover)
27
5.0 Technical Overview
29
5.1 SyncFab Platform Web 2.0
29
5.2 Example of Parts Procurement Workflow Using SyncFab 2.0
30
5.3 SyncFab Platform Web 3.0 and the DApp (Decentralized Application): Smart
Contracts and Smart Manufacturing Blockchain (Planned Build-Out)
32
5.3.1 Identity Contract
33
5.3.2 Purchase Order Contract
33
5.3.3 Payment Contract
33
5.3.4 Account Contracts
33
5.3.5 Insurance Contract
34
5.3.6 Production Contract
34
5.4 Example of Smart Contracts Procurement Transaction Workflow
34
5.5 More Streamlining of Procurement and Transaction within SyncFab Features
36
5.6 Example of Dec...

7.2 Funding Roadmap
44
8.0 MFG Token Distribution Launch
45
8.1 Token Distribution Event
45
8.2 Bonus Incentives
46
8.2.1 Industrial Revolutionary Private Presale
46
8.2.2 Hardware Innovators Exclusive Presale
46
8.2.3 Public Presale
46
8.2.4 Main Public Sale
46
8.3 Token Distribution Plan
47
8.4 Strategic Partnership Adoption Pool
49
8.5 Funding Breakdown
49
8.6 MFG Token Distribution Smart Contract
51
8.7 Reference: Ethereum Smart Contract Standard
51
9.0 Risk Factors
52
10.0 Team
54
10.1 Smart MFG Tech LTD
54
10.2 SyncFab Team
55
10.3 Advisory Board
59
11.0 Changelog - White Paper Versions & Edits
64
4/64
...

Regulatory Strategy
The team behind the MFG is currently working with legal counsel to ensure that the MFG
Token Distribution Event is fully compliant with all applicable federal and state securities laws.
Abstract
Through public-private partnerships with manufacturers at the local, regional and
national levels, SyncFab’s Smart Manufacturing Blockchain will advance efforts to
decentralize manufacturing via a public, peer-to-peer ecosystem, powered by the
MFG Utility Token.
This document examines current burdens faced by small to mid-sized enterprises working
within the manufacturing supply chain, and provides a comprehensive set of solutions to
engage isolated and inaccessible manufacturers, widening their inter-industry networks and
encouraging collaboration to meet global production demands.
By collecting quality data about today’s opaque manufacturing supply chain and making it
public, SyncFab’s platform aims to make the supply chain more transparent, efficient, and
sustainab...

This document contains forward-looking statements, subject to risks and uncertainties
that could cause actual results to differ materially.
1.0 Industrial Revolution 4.0: Where Manufacturing
Technology Meets Global Demand
The United States and China account for more than a third of the world’s gross
domestic product (GDP), and their combined GDP dominance is expected to continue
into 2050, especially if their industries make the transition to new manufacturing
processes. Manufacturing and trade gains signal growth for global economies as a
whole, according the International Monetary Fund. According to a study performed by
PWC and shared by the World Economic Forum in 2016 - Companies from all sectors
across the globe are embracing “Industry 4.0”, or business in the digital age. About one
third of 2,000 companies surveyed in 26 countries already rate their level of digitisation
as high, and this value is expected to rise on average from 33% to 72% by 2020. In
South Africa, the current l...

Demand for services that support this potential global exchange of data, and its
transaction of both data and contracts between businesses fuel the expansion of the
Internet of Things (IoT) and the Industrial Internet of Things (IIoT).
As an industry leader said:
“The Internet of Things has already set in motion the idea of a fourth industrial
revolution—a new wave of technological changes that will decentralize production
control and trigger a paradigm shift in manufacturing.”
1
1.1 SyncFab’s Contribution to the Industrial Revolution 4.0
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...

manufacturing facilities are mapped by several criteria, such as, who is local and
clean.
2
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.
3
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.
4
These forward-looking companies are the customer base for SyncFab’s services.
Essential to SyncFab’s Smart Manufacturing Blo...

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 thos...

SyncFab Roadmap

1
Quarter 1, 2018
MFG Token Generation Event and Distribution
2
Quarter 2, 2018
MFG Token Acceptance Integration
3
Quarter 3, 2018
Format Ethereum Blockchain Smart Contracts for Purchasers
4
Quarter 4, 2018
Format Ethereum Blockchain Smart Contracts for Suppliers
5
Quarter 1, 2019
Implement MFG Ethereum Supply Chain Blockchain Smart Contract
6
Quarter 2, 2019
Survey Machine Shop Upgrade Requirements
7
Quarter 3, 2019
Formulate Upgrade Solution for Machine Shops
8
Quarter 4, 2019
Begin Implementing Machine Live Data Feed Upgrade Solution
Mike Jones
Advisors Mike Jones

Gil Penchina
Advisors Gil Penchina

Jeff Berwick
Advisors Jeff Berwick

Simon Cocking
Advisors Simon Cocking

Peter Moricz
Advisors Peter Moricz

Steven Sprague
Advisors Steven Sprague

Xiaochun Li
Advisors Xiaochun Li

Mark Crone
Advisors Mark Crone

Michael Wong
Advisors Michael Wong

Chris Cheng
Advisors Chris Cheng

Jeremy Goodwin
Team Jeremy Goodwin CEO

Andy Tong
Team Andy Tong CSO

Jay Ligda
Team Jay Ligda CTO

Dennis Delgado
Team Dennis Delgado Chief Design Officer

Victor Nguyen
Team Victor Nguyen VP Product & Operations

Ben Gerstein
Team Ben Gerstein VP Marketing

Sharon Wang
Team Sharon Wang UI/UX Designer

Tam Du
Team Tam Du Blockchain Engineer

Ali Zain
Team Ali Zain Blockchain Developer

Ali Zain
Ali Zain
Blockchain Developer
Blockchain developer & Co-Founder
Blockchain Programmer
Blockchain Developer
DEV Blockchain Developer
Andy Tong
Andy Tong
CSO
Steven Sprague
Steven Sprague
CEO & Cofounder
Cybersecurity Advisor
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Simon Cocking
Simon Cocking
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Gil Penchina
Gil Penchina
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