Flipside Daily Mover: MFT
A coin per day, making big moves
MFT OS Release Gains Traction
June 4, 2019
MFT User Activity is up 6.09% over the last 14-days, leading to an 11-point (1.73%) spike in FCAS. Developer Behavior is down 2-points (-0.26%) while Market Maturity climbed 8-points (1.25%). Price is up 5.11% over the same time period.
An OS That’s Not an OS
MFT has created an all-in-one platform application designed to enhance the end-user experience and cater to developers looking to build and deploy DApps on an intuitive infrastructure. Though it bills itself as an operating system, the platform is actually an application for Mac, Linux, and Microsoft that users can download to their desktop, utilizing DApps built within it. These DApps are hosted via the Swarm network instead of a web server, and the MFT team facilitates developer updates and user upgrades through the network.
Fundamentals have been on the rise following Mainframe OS release in April, as developers begin to explore the viability of building on top of the platform and users download and utilize the pre-canned MFT DApps (including a MakerDAO CDP client and a payments system). A number of usability enhancements in May have also strengthened project performance.
🌶️ Hot Take
Mainframe’s approach is unconventional, but this may be their strength. The architecture of the MFT OS creates a cohesive and intuitive experience for users through the all-in-one interface. As opposed to a browser/metamask combination that traditional solidity applications utilize, the MFT wallet and applications can be accessed from a single location, streamlining on-boarding process and bypassing some of the friction that the average user may face with other DApps & platforms.
Their SDK and support documentation for developers is robust, and the project’s overall vision is innovative. With a focus on users and usability, it sets itself apart from other projects building complex platforms that lack the same accessibility. With this strong, user-friendly angle it would beneficial for the MFT team to increase community engagement in order to attract developers to the platform and boost adoption further. The team appears poised for further growth through Q2.
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