Selasa, 16 Januari 2018

THE FABRIC TOKEN ECOSYSTEM

THE FABRIC TOKEN ECOSYSTEM

Transforming ideas into DApps
Blockchain technology, which is currently the most basic crypto architecture, enables automatic processing of online operations in a way that is not mediated decentralized through smart contracts. On a large scale, smart contracts can easily and phenomenally improve the efficiency of today's online relationships in terms of speed, security, and cost, while reducing complexity. However, by adopting blockchain technology and smart contracting today is a challenging task because of some integral issues, namely comprehensibility, resource allocation, and intelligent contract development, among others.
The Fabric Token (FT) ecosystem aims to empower individuals and businesses with easy access to blockchain technology and smart contracts by providing easy-to-use software. Products within the FT ecosystem will focus primarily on helping people from the background to create and implement their decentralized applications (DApp), without the specialized computer programming knowledge they typically need. Visit the Official Website https://fabrictoken.io/
PROBLEMS IN DEVELOPMENT
Accessibility & Financial Inefficiency in Blockchain Adoption & Intelligent Contracts Blockchain and smart contracting technologies are still widely misunderstood and difficult to adopt. 
Technical and Financial Challenges for Developing Smart Contracts Developing smart contracts, even with Solidity, presents challenges, both financial and technical. 
Current Challenges in Intra & Inter-Organizational Business Processes Business process management, in its current state, has several disadvantages that do not necessarily complicate workflow. 
The solutions to the problems listed above and the remainder listed in the White Paper are the Fabric Token ecosystem, which consists of four main components of Token Kain itself, TokenGen, DApp Workbench, and Fabric Store.

Token Fabrics
Utility payments in the FT ecosystem. One of the fundamental parts of the FT ecosystem is the Token Kain itself. This will be used as a utility to pay for products and services within the platform. For example, if someone wants to generate smart contract token and fundraiser for their project, in the end, they have to pay a small fee for the Fabric Token in order to gain access to their code.

The fabric
Market store is decentralized for smart contract components. The Fabrics Store will allow third party developers to get tokens and build their reputation by completing TokenGen and DApp Workbench with custom made software components. Strictly digital, this will provide a rewarding opportunity for talented programmers, while helping the FT ecosystem evolve and provide more possibilities for businesses and individuals.

TokenGen
A simple web app for smart contract generation. TokenGen will allow users to generate smart contracts for their tokens and fundraising by going through a simple step-by-step process - choosing token and fundraising functions, filling out details like name and symbol marks, paying FT, before finally getting fully tested and securing code smart contract as specified by the user.

DApp Workbench
Platform business applications to combine smart and blockchain contracts into BPM. Jobpk workbench will help organizations develop smart contracts through business process modeling. The app has a drag-and-drop interface, which will use the BPMN 2.0 standard, which allows importing and reusing diagrams created with other compatible BPMN tools.

DESCRIPTION TOKEN
Symbol: FT 
Name: Token Kain 
Token Type: ERC-20 
Platform: Ethereal 
Total number of tokens: 100 million FT 
Available for purchase: 80 million FT 
Max target: 22,829 ETH 
Token price: 1 ETH = 2,700 FT 
Purchase method: ETH 
Start on January 15, 2018 and ending on February 29, 2018

Token Distribution
80% will be available for sale to the general public. 
12% will go into the Fabric Token core team and will be released after 12 months. 
7% will be allocated to the advisor and released after 6 months. 
1% will be used for bounty program.

Budget Allocation
Product Development: 55% of budget - allocated to the core Fabric Token team. This financing will enable the development of DApp Workbench products, including any necessary adjustments and improvements to existing TokenGen tools. 
Marketing: 14% of budget allocated to expand awareness and application of Token Token ecosystem. 
Contractor: 11% of budget allocated to third-party service providers offering engineering, marketing, growth hacking, PR, partnerships, and other essential services. 
Law: 9% of budget allocated for legal fees. 
Contingencies: 6% of the budget is allocated for unexpected costs. 
Administration: 5% of budget allocated for security, accounting and other related administrative costs
How to Participate in the Release of a Fabric Token In Depth Guide 
To be able to contribute in your token purchase you can directly LINK and follow the guidelines contained in the statement correctly https://fabrictoken.io/how-to-participate-di-fabric-token-launch- in- depth guide /


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