🔜 MoFAS (FAS)
The MoFAS team aims to resolve the speed restrictions and scalability issues associated with current blockchains on the market by implementing a new type of consensus algorithm and security economic model through their ecosystem.
To achieve this, they plan to build a platform which allows anyone to interact with the framework through a programming language (such as C ++, C #, Python etc.) without the necessity to learn the language. Therefore, MoFAS can easily and quickly be applied to various languages and platforms.
The Hyper-DPOS algorithm, inspired by DPOS, will create trust on peer-to-peer networks by securing the minimum requirements to participate in a node along with the DPOS equity delegation. By creating high entry barriers, MoFAS assures the ecosystem is trusted.
Other than this, MoFAS will support a framework for DAPPs (Decentralized applications) to increase higher security and to allow developers to create so-called Security-DAPPs (S-DAPPs). S-DAPPs run on a decentralized network which are designed to avoid any single point of failure. With the provided SDKs and APIs, developers and users will easily apply MoFAS S-DAPPs to the existing APPs without additional effort to learn the code base, which in turn will extend its use and availability.
As a community-driven ecosystem, MoFAS will not only provide their community with the right to propose and confirm the policies and details through voting by contributors, they will also reward them for their active participation. The community rewarding DAPP "FASTival" will reward ordinary users for finding and reporting bugs, as well as rewarding white hackers for finding solutions for these problems. By doing all of this MoFAS aims to create a safe cyber environment and a circle of mutual benefits.
MoFAS partially agrees with the EOS token model regarding the transaction fee-free policy and the block reimbursement policy for the user. FAS token holders will be able to delegate MoFAS nodes; however, delegated tokens cannot be re-delegated.
MoFas will not have an ICO process and will be listed on IDAX on January, 2019. You can visit MoFas's website for further information: https://mofas.io/
🔶 Documents:
📑 Whitepaper — MoFas Whitepaper: https://www.mofas.io/download/MoFAS_whitepaper_en.pdf
📊 Lightpaper — MoFas Lightpaper: https://www.mofas.io/download/onepage_whitepaper_en_20181210.pdf
🔶 Additional links:
🌐 Website — https://mofas.io
✈️ Telegram — https://t.me/mofas_en
📜 Telegram ANN — https://t.me/mofas_channel
🕊 Twitter — https://twitter.com/mofasco
📘 Facebook — https://facebook.com/official.mofas.io
📺 Youtube — https://www.youtube.com/channel/UCVRHPdIBG9inPYmMaydXnOQ
🗣 Kakao — https://open.kakao.com/o/gcXpkX3
📝 Medium — https://medium.com/@mofas.io
🔶 ICO-Information/Dates:
Symbol: FAS
Token type: ETH (ERC20)
Total supply: 3,600,000,000 FAS
Available for sale: 1,260,000,000 FAS
MoFas will not have an ICO process and will be listed on IDAX on January, 2019. You can visit MoFas's website for further information: https://mofas.io/
🔶 Our Score:
🌕🌕🌕🌖🌑 3.75/5
The idea behind MoFAS is excellent and from the technical side more than exciting. Additionally, their team appears as experienced and qualified enough to succeed in their aims. Sadly, up until today, MoFAS cannot provide an MVP. Furthermore, their whitepaper lacks information of their token utility and includes a lot of heavy technical terms, which may cause some difficulties to be understood by non-technophilic people.
However, if they can hold up with their roadmap and deliver their aims, MoFAS could have a bright future in their sector.
🔶 Promotional video:
MoFAS Promotional Video:
