FABRIC TOKEN - The Bridge For Smart Contracts

Februari 13, 2018

FABRIC TOKEN - The Bridge For Smart Contracts

The Fabric Token (FT) ecosystem aims to provide individuals and businesses with easy access to blockade technology and intelligent contracts by providing a user-friendly software package. Products in the FT ecosystem will focus first and foremost on helping people of any background create and deploy a decentralized program (DApp) without the special knowledge of computer programming that they usually need.

Blockchain Challenges in Business

most businesses still consider blockchain technology as an experiment and do not really know how to apply it to their business operations, so they wait for more research to be done before making a decision to evaluate and try a potential blockchain Implementation.
lack of standardization in using blockchain technology and smart contracts in business processes.
The large cost of implementing blockchain technology, so many business organizations doubt the implementation of blockchain in the implementation of their business processes.

Solution

The above challenges can be solved with token fabric ecosystem by providing 4 main components to face the challenge, including:

Fabric Token. Used as a functional utility to pay for products and services within the ecosystem.
By Using Token GEN. which will bridge the interaction of ecosystem network participants with the DApp Fabric Token application.
Using DApp Workbench. Make it easy for business operators to perform business operations data, and DApp Workbench will include the business data into smart contracts and blockchain.
Using Fabric Store. To facilitate third parties in the development of a decentralized Fabric Token market. It means making it easier for third parties to expand Fabric Store. (Information Detail read on whitepaper)

Launching of the Fabric Token

To support the implementation and smoothness of the project, Fabric Token created the FT token, which will be launched in a corporate fundraiser. You can join and contribute in the sale of FT tokens by visiting www.tokensale// Here are the details of FT token sales.

Maximum funds raised target: 8,526 ETH or approximately 9 million USD.
Token exchange rate: 1 ETH equals 9,000 Fabric Tokens or in other terms, 1 FT will be sold for exactly 0.1125 USD.
Fabric Token smart contract address: Will be known exactly 48 hours before fundraiser begins.
Launch date and time: February 15th, 2018 at 10:00:00 UTC.
Token launch completion: Either after 45 days from the beginning of the FT launch or until the maximum funds raised target is reached.

Token Sale

Token “Fabric Token Launch Start”: January 15, 2018 Exactly 10:00 UTC
Completion of Token Launch: Only 45 days after the launch of FT or reaching the maximum target amount.
Total volume of supplies: 100 000 000
The maximum target size is 22,829 ETH or approximately 9 million US dollars.

Team & Advisors