The Fabric Token Ecosystem ICO

The Fabric Token Ecosystem

UPDATE: FT raised around 1.03M USD worth of tokens in their ICO, currently listed on IDEX.

ICO Details

Status
Past, Trading
Starting date
February 15th, 2018
Ending date
April 1st, 2018
Whitelist
No
Token Sale Hard Cap
$ 9M
Token Sale Soft Cap
TBD
Token Symbol
FT
Token Type
ERC-20, Ethereum
Token Distribution
80%: public. 12%: core team, 7%: advisors, 1%: marketing.
Initial Token Price
1 Fabric Token = $0.1125 USD
KYC
Yes
Participation Restrictions
USA, CHINA, SINGAPORE
Accepts
ETH
Features

The Fabric Token ecosystem aims to help people and businesses in adopting blockchain technology and its underlying smart contracts by providing a bridge between simple user interfaces and computer-understandable language. For individuals, we have developed TokenGen (soon to be released), which is a web application allowing anyone to easily generate smart contracts for their token and fundraiser. Users will go through a simple step-by-step process, selecting the functionality they need for their token and crowdsale, providing necessary info such as token name, symbol, etc, and then paying a small fee in Fabric Tokens before ultimately getting their smart contract code.

For businesses, they will create DApp Workbench, which will be a drag-and-drop desktop application, using the Electron framework for cross-platform compatibility, and will also have a cloud for testing and deployment purposes. In short, DApp Workbench will allow businesses to implement blockchain technology and smart contracts into their business process management thus helping them improve process times, efficiency, and cost (more extensively shown in the White Paper).

The last part of the project is the Fabric Store, a decentralized marketplace for smart contract components, which will allow third-party developers to complement their software by covering additional use cases for smart contracts, expanding the functionality scope of the Fabric Token ecosystem.

To summarize, they have identified that numerous multi-billion dollar industries could be radically improved by blockchain technology and smart contracts and we intend to provide software which will allow rapid application development for DApps, thus phenomenally speeding up innovation in the industry.

Core Team


Nikolay Nikov
Vision, Strategy, Back-End Development, CEO


Marin Ivanov
Software & Smart Contract Development, DevOps, CTO


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

Advisory Team


Dimitary Boyanov


Krastyu Georgiev


Marian Nedelchev


Milen Ivanov


Petya Valkova


Simeon Karaivanov