The Fabric Token ecosystem will empower individuals and businesses with easy access to blockchain technology and smart contracts thus allowing virtually anyone to participate, in one way or another, in building a decentralized and trustworthy world.Business services Cryptocurrency Internet Platform Smart Contract Software
|Start Date||15 Feb 2018|
|End Date||01 Apr 2018|
|Price||1 FT = 0.1125 USD|
Blockchain technology, currently the underlying architecture of most cryptocurrencies, allows the automatic processing of online operations in a decentralized non-mediated manner via smart contracts. On the grand scale, smart contracts can easily and phenomenally improve the current efficiency of online relationships in terms of speed, security, and cost, while also reducing complexity. However, adopting blockchain technology and smart contracts is currently a challenging task due to several integral problems, namely comprehensibility, resource allocation, and smart contract development, among others. The solution proposed herein is the Fabric Token ecosystem, which will allow users and businesses to easily adopt blockchain technology and smart contracts and will consist of four main components. The first component we propose is the Fabric Token itself, which will be used as a functional utility to pay for products and services within the ecosystem. The second is TokenGen, a user-friendly platform used to generate smart contracts for the token economy. The third is DApp Workbench – an all-in-one solution for businesses looking to integrate blockchain technology and smart contracts into their business process management. The last component will be the Fabric Store, a decentralized marketplace for smart contract components, which will allow third-party developers to further expand the functionality scope of the Fabric Token ecosystem. We see Fabric Token and its associated technologies as a fundamental part of the future mainstream adoption of blockchain and smart contracts, ultimately allowing people of any means and any background to play their part in building a decentralized world.
Started Development on TokenGen
Currently the UI and beta functionality, featuring a total of 6 smart contract templates extending the basic token and fundraiser functionality, are both fully operational. The tool will be available to users as soon as the Fabric Token launch is ﬁnalized.
Started Development on DApp Workbench
Extensively tested and ultimately determined the software architecture, technology stack, supported blockchains, and modeling notation for the BPM.
Includes fully functioning web application for token and fundraiser smart contracts generation.
Additional smart contract templates added for both token and fundraiser functionality.
DApp Workbench Public Beta
Includes the fully functioning DApp Workbench desktop application as well as cloud with a limited set of smart contract components, which will be determined and publicized prior to the beta launch.
DApp Workbench 1.0
Extends the beta version of the software by signiﬁcantly expanding the smart contract components provided by DApp Workbench.
Fabric Store Development Start
Initial code for the smart contracts of the project is written, optimized, tested, audited, and then deployed. Next, a UI to work with the smart contracts is developed.
Fabric Store Public Beta
Partly functional UI connected to the smart contracts of the Fabric Store is open to the public for testing purposes.
Fabric Store 1.0
The ﬁrst fully operational decentralized marketplace for smart contract components is oﬃcially released thus allowing third-party developers to further improve the performance of our vanilla projects and expand the adoption of the Fabric Token ecosystem.
Further Improving The Fabric Token Ecosystem
Further improvements to the Fabric Token ecosystem mainly focused on expanding the functionality scope covered by the smart contract components making the products accessible to an ever-growing group of users and businesses.
|Price in ICO||1 FT = 0.1125 USD|
|Tokens for Sale||71250000|
|Distributed in ICO||71.25%|
|Hard cap||9,000,000 USD|