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SyncFab

SyncFab (MFG)

$ 0.00
-0.03 %
Main info
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Analytics
Market cap
$204.92K
-0.03 %
Volume (24h)
$39.21
-0.03 %
Total supply
868,459,135 MFG
Max. supply
868,459,136 MFG

About SyncFab

Overview

SyncFab is a distributed manufacturing platform founded and headquartered near Silicon Valley that streamlines the way buyers procure, manage, and track precision parts production securely using blockchain technology. SyncFab is a pioneer in supply chain blockchain® technology having created the first manufacturing blockchain® used in commerce for end-to-end OEM parts procurement.

Partnerships and Initiatives

SyncFab is an IIoT Industry 4.0 Blockchain Manufacturing Industry Partner to the $140MM US D.O.E. & D.O.C. Clean Energy Smart Manufacturing Innovation Initiative (CESMII) appointed by the White House and US Departments of Energy and Commerce National Network for Manufacturing Innovation (NNMI). SyncFab is also the San Francisco Mayor's Office of Civic Innovation - 2016 Startup in Residence (STIR) in partnership with the Cities of San Leandro, Oakland and West Sacramento.

Most recently, SyncFab reached a strategic partnership with the National Tooling and Machining Association (NTMA) which will grant over 1,300 machine shops access to SyncFab's advanced platform to transform and generate new business.

Key data

updated $0
Market cap$204.92K
Volume 24h$39.21
All-time high$0.13-100% from peak · 2022-01-03

SyncFab (MFG) is a cryptocurrency created for the manufacturing industry — it's designed to connect hardware manufacturers with buyers through blockchain technology. Think of it as a digital token that helps companies order, track, and pay for precision parts in a more transparent way. Its ticker is MFG, and it runs on a Proof-of-Work blockchain.

Frequently asked questions

What is SyncFab and how is it different from other cryptocurrencies?

SyncFab is a project focused specifically on industrial manufacturing — it aims to connect buyers directly with machine shops and factories, cutting out middlemen. While most cryptocurrencies target finance or general payments, MFG is built around supply chain needs like part sourcing and production tracking. Its ticker is MFG and its official site is syncfab.com.

How does the SyncFab blockchain work?

SyncFab uses a Proof-of-Work (PoW) consensus mechanism, meaning miners validate transactions by solving computational puzzles. This is the same approach Bitcoin uses, and it's well-tested and secure. The project also follows its own token standard, referred to as standard 3, for handling transactions on its network.

How many MFG coins exist and how is the supply managed?

SyncFab has a hard cap of 868,459,135 coins, meaning no more than that amount can ever be created. A fixed maximum supply protects the token from unlimited inflation. This limit is written into the protocol and can't be changed casually.

How can I store and use MFG tokens?

MFG can be stored in wallets that support its blockchain and token standard — always double-check compatibility before transferring. Within the SyncFab ecosystem, the token is intended for transactions related to manufacturing orders and services. As with any crypto, keep your private keys safe and verify addresses before sending.