Mega X

About:

Megax is a movement centered around a millennial – driven cryptocurrency and developed for a fresh, emerging retail network. it was formed due to the need for a growing pool of independent, exciting, and eclectic brands to reach their targeted market – the exponentially – growing and constantly shifting millennial generation. It is created by VC-backed > 10 years profitable retail companies. An IPO is also on the horizon. It is centred on a few pillars:

  • Stake - Decentralised ownership by the millennials whom retail is losing the war to.
  • System - A broad network of 24,000 retailers and more than 1400 brands stocked in our marketplace. A special MegaX only market place will be converted from Megafash.com
  • Virality - A self propagating system relying on network effects among millennials and their trending brands
  • Technology - Strong technology in payments solution and wallet security, with more than 10 years experience.
  • For the ICO
  • Tokens can will have a guaranteed price floor that all retailers and brands within our network will honour. Meaning the price can only go up not down in terms of tokens used in our stores.
  • There is a bonus of 10% tokens during ICO, and 15% during pre-ico
  • 70% of tokens will be offered in ICO, and proceeds are used for spurring on retail adoption, meaning it is used directly to help you increase retail spaces you can spend your tokens.


  • Intro:

    MEGAX is a movement centered around a millennial–driven cryptocurrency and developed for a fresh, emerging retail network. It was formed due to the need for a growing pool of independent, exciting, and eclectic brands to reach their targeted market -the exponentially-growing and constantly-shifting millennial generation.



    Milestones:

    NOV 2014

    Incorporation of iFashion Group

    SEP 2015

    Seed funding from Rimu Group

    NOV 2015

    Acquisition of Invade (Retail Enabler)

    JUN 2016

    Acquisition of Dressabelle (Leading Fashion E-commerce)

    AUG 2016

    Additional funding from Rimu Group

    FEB 2017

    Acquisition of Megafash (Retail Marketplace)

    APR 2017

    Acquisition of Blackbean Ideas, Red Republic & Meykrs (Retail brands)

    SEP 2017

    Launch of MEGAX coin via ICO

    Q3 2017

    Rapid expansion & development of MEGAX retail ecosystem

    Q1 2018

    Initial Public Offering