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FabricToken
AVERTISSEMENTThe vast majority of ICO are only vulgar ponzi scheme scams
The Fabric Token Ecosystem is a new Initial Coin Offering that aims to unite businesses and individuals with blockchain technology and smart contracts. The main intention is to help people and companies to create decentralized applications (DApps) without the need of specialized computer programming knowledge.
The Problem
Blockchain technology and smart contracts are widely misunderstood. Most of the enterprises and individuals believe that they are just synonym of two of the most famous cryptocurrencies, Bitcoin and Ethereum.
Blockchain and Smart Contracts seem to be taken as an experimental technology by these businesses. And if they try to work with them, the lack of user-friendliness makes it more difficult to be adopted. In general, so as to create DApps, it is necessary to understand a software that it is not easy to use without the necessary technological expertise.
This situation creates businesses and individuals investing in high paid specialists that are mostly unaffordable for these startups with a tight budget. Smart Contracts and Blockchain have different advantages, but without the required knowledge and specialists, the key benefits of these technologies get lost.
Furthermore, there are not so many developers in the market, and lots of them can overlook bugs in the different codes. That leads to hundreds of millions of dollars' worth of losses. Besides that, Solidity, Ethereum's programming language, it is in its early stages and programmers need to be fully aware of the way in which blockchain technology works.
The Problem
Blockchain technology and smart contracts are widely misunderstood. Most of the enterprises and individuals believe that they are just synonym of two of the most famous cryptocurrencies, Bitcoin and Ethereum.
Blockchain and Smart Contracts seem to be taken as an experimental technology by these businesses. And if they try to work with them, the lack of user-friendliness makes it more difficult to be adopted. In general, so as to create DApps, it is necessary to understand a software that it is not easy to use without the necessary technological expertise.
This situation creates businesses and individuals investing in high paid specialists that are mostly unaffordable for these startups with a tight budget. Smart Contracts and Blockchain have different advantages, but without the required knowledge and specialists, the key benefits of these technologies get lost.
Furthermore, there are not so many developers in the market, and lots of them can overlook bugs in the different codes. That leads to hundreds of millions of dollars' worth of losses. Besides that, Solidity, Ethereum's programming language, it is in its early stages and programmers need to be fully aware of the way in which blockchain technology works.
Experts in this domain say that smart contracts and blockchain technology will have a strong impact on various industries in the future. However, the incorporation of blockchain technology and smart contracts is very challenging due to several factors.
The Fabric Token team plans to develop an ecosystem that will provide user-friendly software to different business owners and individuals who want to gain easy access to blockchain and smart contracts without any special knowledge of computer programming.
The problems or issues associated with the incorporation of blockchain and smart contracts into a business will be effectively solved using the Fabric token ecosystem.
The Fabric Token team plans to develop an ecosystem that will provide user-friendly software to different business owners and individuals who want to gain easy access to blockchain and smart contracts without any special knowledge of computer programming.
The problems or issues associated with the incorporation of blockchain and smart contracts into a business will be effectively solved using the Fabric token ecosystem.
| Platform | ETH |
| Start Date | 2018-02-15 |
| End Date | 2018-04-01 Completed |
| Raised Amount (in dollar) | >10M |
| Category | Infrastructure |
| Language | english |
| Monitored since | 2220 days |
| Accepted countries | All |
