REVIEW OF Fabric Token
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.
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 Fabrics Shop The market is decentralized for smart contract components. The Fabrics Store will allow third party developers to obtain tokens and build their reputation by completing TokenGen and DApp Workbench with custom made software components. Strictly digital, this will provide an advantageous opportunity for talented programmers, while helping the FT ecosystem develop 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
Token Token Type:
ERC-20 Platform: Ethics
Number of tokens: 100 million FT
Available for purchase: 80 million FT
Maximum target: 22.829
ETH Token Price: 1 ETH = 2,700 FT
Purchase Method: ETH
Starts on January 15, 2018 and ends 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.
ROAD MAP
september 2017
Getting Started in TokenGen Development
Current UI and beta functions, which feature a total of 6 smart contract templates that extend the token function and fundraiser base, are both fully operational. This tool will be available to the user once the Fabric Token launch is complete.
Oct, 2017
Getting Started in DApp Workbench
Extensively test and ultimately determine software architecture, technology stack, supported blockchain, and modeling notation for BPM.
Feb, 2018
TokenGen 1.0
Includes fully-functional web apps for token intelligent contract making and fundraiser.
Apr, 2018
TokenGen 2.0
Additional additional contract templates are added for token and fundraiser functions.
Jul, 2018
DApp Workbench Public Beta
Includes a fully functional DApp Workbench desktop application as well as a cloud with a limited set of contract smart components, which will be defined and published before beta launch.
september 2018
DApp Workbench 1.0
Expand the beta version of the software by significantly expanding the intelligent contract components provided by DApp Workbench.
Oct, 2018
Cloth Shop Development Starts
The initial code for the project intelligent contract is written, optimized, tested, audited, and then deployed. Furthermore, UI works with smart contracts developed.
Dec, 2018
General Beta Cloth Shop
Some functional UIs connected to smart contracts from the Fabric Store are open to the public for testing purposes.
Feb, 2019
Fabric Shop 1.0
A fully decentralized market operating for intelligent contract components is launched in general to enable third-party developers to further improve the performance of our vanilla projects and expand the adoption of the Fabric Token ecosystem.
2019+
Fixed Token Token Ecosystem further
Further improvements to Token Token ecosystems primarily focus on expanding the range of functionality covered by intelligent contract components that make the product accessible to a growing group of users and businesses.
For more information, visit this site:
Website: https://fabrictoken.io/
Twitter: https: //twitter.com/fabric_token
Telegram: https://t.me/fabric_token
Bitcointalk username: bakul banyu
Link Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1134117
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