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#Blockchain All projects

The Fabric Token Ecosystem - Transforming ideas into DApps

High-Level Development & Management of Smart Contracts

stage Ended crowdsale

4.0 Rating

by 8 users


    KPLs

    • Employees9

    Team

    3
    man Nikolay Nikov

    Vision, Strategy, Back-End Development, CEO

    From working on the largest fraud detection software in the UK and EMEA, to building the software security framework for a British Royal institution, Nikolay’s background in software development has helped him gather both technological expertise and a huge network.

    man Marin Ivanov

    Software & Smart Contract Development, DevOps, CTO

    With more than 10 years of experience in projects ranging from web development, system applications and low-level embedded programming, Marin knows the right tool for every trade. Combined with a career encompassing both his creative side and the disciplined approach to regulatory compliance, he is a CTO any project would love to have.

    man Doncho Karaivanov

    Marketing, Content, Design, Front-End & Smart Contract Development, COO

    A successful entrepreneur in digital marketing at present, Doncho has a rich background in software development. Driven by his creativity and strive for perfection, he is the perfect fit for a technical team focused on innovation and user experience.


    Advisors

    6
    man Dimitar Boyanov

    Business & Legal Framework

    Dimitar Boyanov is a software engineer, having developed and managed the lifecycle of large-scale corporate applications in the financial sector compliant to regulatory and audit requirements on a national and international level while working for Deutsche Bank as a Senior Business Analyst. Currently he is involved in cloud-based technologies and developing methodologies for adopting secure cloud-based solutions.

    man Krastyu Georgiev

    Technical Consultant

    Krastyu has more than 20 years of professional experience in the architecture, design, implementation and maintenance of complex software systems for German, Swiss, Belgian and Bulgarian companies. Over the years he has played the roles of Enterprise Architect (e-Government), Technical Project Manager, Scrum Master, Software Solution Architect, and Java Enterprise Developer.

    man Marian Nedelchev

    Business Landscape Analysis & BPM Consulting

    A seasoned Business Analysis Professional and core team player in large and mid-sized IT projects within the financial and government sectors in Germany, UK and Bulgaria. Projects and products were financed by the World Bank, European Union funds and leading traditional and alternative investment companies.

    man Milen Ivanov

    Market Research & Project Economics

    With over 4 years experience in trading on the NYSE, Milen has comprehensive knowledge of markets and the way they fluctuate and react to certain external and internal conditions. Currently, he is actively and successfully involved in day trading at Alaric Securities – one of the top trading companies in Bulgaria.

    man Petya Valkova

    Project Management Consultant

    With a broad experience in solutioning and delivering multi-technology projects in high-ranked companies, Petya’s fast-paced analytical thinking and vast technology and business knowledge have helped her build a respectable track record of driving ambitious projects to success.





    Crowdsale details

    Distribution of tokens
    • Crowdsale (71.25%)
    • Core Team (12%)
    • Partners (8.75%)
    • Marketing (7%)
    • Advisors (1%)
    Budget allocation
    • Product Development (55%)
    • Marketing (14%)
    • Contractors (11%)
    • Legal (9%)
    • Contingency (6%)
    • Administration (5%)
    Details Indicators
    Token Symbol FT
    Full Token Name Fabric Token
    Crowdsale Start February 15th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or March 31st, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $9000000
    Domain registration date 2017-10-21
    Domain owner WhoisGuard Protected, WhoisGuard, Inc.

    Cost of the token

    900 tokens for 0.1 eth

    Price without discounts

    Accepted currency

    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    8
    Xiuli Wang April 05, 2018
    Rating of project
    3.7

    Advantages

    Risks and disadvantages

    Comments

    Lisa Dominguez April 04, 2018
    Rating of project
    4.3

    Advantages

    Risks and disadvantages

    Comments

    Natsumi Iwata April 04, 2018
    Rating of project
    4.0

    Advantages

    Risks and disadvantages

    Comments

    Sofia Medda March 28, 2018
    Rating of project
    4.7

    Advantages

    We can book a table in a restaurant, buy something or order a taxi just making a couple of clicks nowadays. And we consider it progress. I think this project is progress in a digital world. So I believe it has a future.

    Risks and disadvantages

    I think there are projects like this. And there will be projects like this. And I suppose many of them can be successful.

    Comments

    The idea itself is perspective. So if it gets a proper realization and promotion, success is quite likely.

    Ladislava Chernik March 27, 2018
    Rating of project
    4.0

    Advantages

    The platform can allow any user to create their own smart contract or to introduce a smart contract into a business
    Quite professional team with proven experience

    Risks and disadvantages

    I do not see any special risks other than the usual ICO risks

    Comments

    A good thing is to do blockchain and smart contracts closer to people.
    Making a blockchain and crypto easier, in my opinion – is one of the hot market needs, and one of the next steps in trends

    Antony Smith March 24, 2018
    Rating of project
    3.7

    Advantages

    I have always supported project which the main concept is to provide an easy access to blockchain technology and smart contracts. Nowadays, the mission of popularization and simplification crypto market should become the most preferable, cause unfortunately today, not every person has an opportunity to easily enter this sphere.

    Risks and disadvantages

    As far as I can see the project is on alpha stage. Think about the design of your White Paper and roadmap. And also I can’t say that the main idea of this ICO is unique. You’d better add some special features in the main concept.

    Comments

    I believe that the project will become better, but now it’s too early to say something.

    Denys Serhiichuk March 23, 2018
    Rating of project
    2.8

    Advantages

    With the following project, regular users will better understand blockchain technology at the basic level.

    Risks and disadvantages

    There is no place for mediators in smart-contracts. However, Fabric Token wants to be that middle-man between end-users and developers. By doing this , they will make it centralized.

    Comments

    Such kind of platforms should exist, because now most of people are not aware of Blockchain or smart-contracts. But its team needs to work harder, as for now they do not even have any alpha version of the platform.

    Veronika Arbisman March 17, 2018
    Rating of project
    4.7

    Advantages

    Easy and user-friendly software, with value depending solely on inside factors. Will help people of any background to create and deploy their decentralized applications. No need in any specialized computer programming knowledge.

    Risks and disadvantages

    Were not detected.

    Comments

    Every day millions of people all over the world have brilliant ideas for different apps ant put them aside because of having no specific qualification. Now we can get a lot of useful ideas in all fields.

    See more reviews

    FAQ

    THE FABRIC TOKEN ECOSYSTEM

    WHAT IS THE FABRIC TOKEN ECOSYSTEM?

    The FT ecosystem is a bundle of software, which will enable easier adoption and popularization of blockchain technology and smart contracts. By providing user-friendly interfaces and pre-defined smart contract components for specific use cases, the Fabric Token ecosystem will empower individuals of any background, technical or not, with the decentralized technology of the future.

    WHAT PROBLEM DOES THE FABRIC TOKEN ECOSYSTEM SOLVE?

    The FT ecosystem solves an assortment of problems, most of which are mentioned on the homepage, however more extensively depicted in the White Paper. In short, since blockchain technology and smart contracts are not yet adopted on a larger scale and still mostly regarded as experimental, we propose the Fabric Token ecosystem, which will allow any individual or business to easily develop, test, and deploy their blockchain-based application (DApp).

    WHAT COMPONENTS DOES THE FT ECOSYSTEM CONTAIN?

    There are four main components – the Fabric Token itself, TokenGen, DApp Workbench, and the Fabric Store. The Fabric Token is simply a digital asset which will be used solely as a payment means within the products and services provided by the ecosystem. TokenGen is a web application allowing users to easily generate the smart contracts for their token and fundraiser without the inherent need for programming and computing knowledge.

    DApp Workbench is going to allow businesses to model, implement, maintain, and improve their business processes by introducing blockchain technology and smart contracts into their organization’s operations thus eliminating problems such as trust, high costs of execution, and slow process times, among others.

    The last component will be the Fabric Store, a decentralized marketplace which will allow third-party software engineers to develop smart contract components that complement our software in order to further expand the functionality scope of the Fabric Token ecosystem.

    WHERE CAN I FIND THE ROADMAP?

    You can find the roadmap on the Overview page.

    WHAT WILL BE THE PRICING FOR TOKENGEN?

    TokenGen smart contracts will cost exactly 100 Fabric Tokens.

    WHAT WILL BE THE PRICING MODEL OF DAPP WORKBENCH?

    DApp Workbench will follow a subscription-based payment model with each plan tailored towards specific business needs based on different resources and features.

    THE FABRIC TOKEN

    WHAT DO FABRIC TOKENS REPRESENT?

    Fabric Tokens are intended to be used only as a utility to pay for products and services within the FT ecosystem. Owning Fabric Tokens does not provide one with additional rights of usage within the technologies it is used on. Furthermore, owning FT does not give any ownership right, share or any equity in our legal entity. These tokens are not meant to be used as a digital currency, security or any other kind of financial instrument but rather, as a simple digital asset similar to downloadable software.

    WHERE CAN I USE FT?

    Fabric Tokens can be used to purchase products and services within the software provided by the FT ecosystem. This includes, but is not limited to paying for token and fundraiser smart contracts generated by TokenGen, purchasing DApp Workbench subscription, etc.

    HOW CAN I VIEW FABRIC TOKENS IN MY WALLET?

    All you need to do is start watching the FT smart contract.

    WHAT WALLET DO I NEED IN ORDER TO USE FT?

    Any wallet which is compatible with ERC20 tokens, a standard for tokens which FT follows, can be used to store and transfer Fabric Tokens.

    THE FABRIC TOKEN LAUNCH

    WHAT IS THE FT SMART CONTRACT ADDRESS?

    The smart contract address will be announced exactly 48 hours before the fundraiser begins and added on the Token Sale page, however, refer to the GitHub repository for full info on the smart contracts, including tests.

    WHAT CRYPTOCURRENCIES WILL BE ACCEPTED IN THE FUNDRAISER?

    Only Ethereum (ETH).

    WHAT IS THE TOTAL SUPPLY OF FABRIC TOKENS?

    The total supply is 100,000,000 (100 million) FT. After the token launch, no additional Fabric Tokens will ever be created.

    HOW WILL FT BE DISTRIBUTED?

    71.25% of the tokens will be sold to the public. The remaining 28.75% will be split as follows – 12% for the core team, 8.75% for the strategic partners, 7% for advisors of the project, and 1% for the bounty program.

    WHEN WILL FABRIC TOKENS BE TRANSFERABLE?

    Sending ETH to the fundraiser smart contract address will immediately allocate you the purchased amount of FT. After that, you will be able to transfer tokens when the ICO is finalized.

    WILL THERE BE A PRE-SALE OR A SECONDARY SALE?

    The answer to both is no.

    FOR HOW LONG WILL TOKENS ALLOCATED TO THE CORE TEAM AND ADVISORS BE LOCKED?

    Advisors’ tokens will be locked for 180 days while the tokens allocated to the core team will be locked for a full year.

    CAN I SEND ETH FROM AN EXCHANGE ADDRESS?

    We do not recommend it as it might result in you losing your Fabric Tokens. Either, send ETH to another account you own and purchase FT from it.

    WHERE IS THE GITHUB REPOSITORY FOR THE SMART CONTRACTS?

    You can find it here: https://github.com/FabricToken/fundraiser-contracts


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