Fabric Token Generation Event Raises over $1 Million in 24-Hours


Fabric, a blockchain platform on the ethereum blockchain that lets users create unique smart contracts and decentralized applications (DAPPs).

Fabric makes it possible for users to create smart contracts and DApps without necessarily being blockchain experts.

The Fabric token generation event raised a whopping $1 million within twenty-four hours of its launch. The TGE is ongoing and will end on April 1, 2018, or when the hard cap target is met.

The Fabric TGE has a hard cap of 8,906.5 ETH, which is roughly $8.5 million.  All unsold tokens will be burned. Contributors can donate a minimum of 0.1 ETH and a maximum of 9 ETH.  The conversion rate is 1 ETH = 8,000 FT

Key Features

The Fabric ecosystem is divided into four major parts. They are the token (FT), TokenGen, DApp Workbench and Fabric Store.

FT is the native crypto of the platform and will facilitate all transactions in the Fabric ecosystem.

TokenGen – will make it easy for users to generate smart contracts for their TGE’s  without having to be expert programmers.

DApp Workbench – facilitates easy integration of blockchain and smart contracts by organizations into their operations in order to better manage their workflows with the aid of an intuitive drag-and-drop user interface that comes with a BPMN diagram representation for the workflows.

Fabric Store: this functionality allows third-party developers to create highly functional smart contracts components.

The Fabric store expands the scope of the platform by promoting it to a vast number of individuals and businesses.

Through the four core components of Fabric, the platform will create blockchain-based solutions for an array of problems in blockchain adoption and difficulty in the creation of smart contracts, the issue of lack of an official testing framework for Solidity as well as issues of inter-organizational business processes.

The Fabric team is very optimistic that blockchain technology will revolutionize all aspects of the world economy. Numerous multi-billion dollar industries and government institutions will see the positive impact of blockchain technology in the near future.

Fabric continuously creates a bundle of easy to use interface to make life easy for everyone while being innovative at the same time.

The Fabric platform is poised to make blockchain usable by everyone, no matter their profession, thus allowing everyone to participate in the revolution even if you are not a programmer or a blockchain dev.

In the end, we can all have a transparent, decentralized and trustworthy ecosystem.

For more information visit www.fabrictoken.io

Telegram: www.t.me/fabric_token

Whitepaper: www.fabrictoken.io/White-Paper-EN.pdf

BitcoinTalk: www.bitcointalk.org/index.php?topic=2593357

Email: [email protected]

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