Modules vs Templates
Comparing FundersToken with the existing solutions
It is apparent now that the demand for tokenisation, and the interest in building a decentralised application is growing, with many projects that intend on solving the scarcity of technology talents within this space.This article will compare FundersToken with Simple Token, BlockCat, and EtherParty. It will also show why FundersToken is focused on an entirely different set of problems.Aiming to destroy the technical threshold for mainstream adoption, these companies are all competing to provide an easy and fast solutions. What makes FundersToken different and unique is that FundersToken is aiming to bring modularisation to the blockchain space. And by doing that we are able to be the bridge for all protocols.
Modules play a key role for Blockchain applications, and we have solved technical difficulties of Blockchain and packed functions of Smart Tokens into stable and bug-free modules. Business is able to build its own features with our modules. As explicitly demonstrated on the next page, all features can be assembled like puzzle pieces to serve your needs, making your Tokens even Smarter.
FundersToken is a company that provides flexible solutions to simplify the development and distribution of blockchain business infrastructure.We have eliminated the needs for coding for a company to build any needed blockchain component in their system.
Etherparty allows users to create smart contracts using customizable templates that can then be launched on the Ethereum or Bitcoin blockchain.
Simple Token empowers any company to issue what we call “branded tokens” that can transform its business into a dynamic economic ecosystem.
What FundersToken provide.
Our FundersToken Tokenisation Platform enables the issuance of“Smart Token, the Token with Logic.”
Our Engine / Modules enables corporates to DIY their own Tokens, set configurations, and conduct management while little or no coding is necessary. Our clients only need to connect the APIs, ABIs and SDKs which we provide to our clients to their existing business. All customers shall be able to enjoy beneficial features of Blockchain with ease. The performance will be successful for business to operate your relationships with your Funders.
The Engine is constructed with advanced Smart contracts that can deploy and manage other Smart contracts and Tokens. Briefly, our Smart contracts from our Funders Tokenisation Platform have evolved to create and perform the infinite potential with Tokenisation.
Vital Differentiating Factors or Advantages that differentiate us from our respected rivals.
1. Scalable Modularization and structure
With modularization, FundersToken have been developing every feature that has a strong and positive effect on our current and futuristic users. While for EtherParty and Blockcat, each business process is augmented via manual separate process.
While Simple Token enables simple process to mint branded tokens for their clients, the tokens issued lack features and do not seem to have scalable constructions.This new protocol ignores bugs on Ethereum (which we solved and packed in modules), the scalability is not as powerful.
2. Business level kits and human logic
All modularized functions empowered by FsTK Engine are special and unique.The combinations and purposes of these functions are logical for applications and technically advanced. The tool package from EtherParty and Blockcat involves too much technical thinking, which lacks human or business logic.All the manual set-ups can only move in non-dynamic way (single actions), so clients will have to code for advanced actions for further development.
What we have and they don’t
1. FundersToken possesses modules to be repacked into higher level applications.
2. FundersToken possesses the beacon system, with this our client can locate their token holders and create extension features.
3. They miss out some scenarios in customer behaviors, such as the digital signature and passphrase authentication in execute smart contracts.
4. Both platforms have single asset system, only allow clients to create security level product.
5. Their clients have much higher level barrier to create applications, and would still have to code from the ground.
6. Their IoT solution or other features extension will have to resolve the bug of interconnection. With that FundersToken are closer to the real business world. We are more applicable in being AWS or becoming Microsoft.We can support more diverse industries (AI, IoT, Smart City.).Our features are more scalable and integrated
More value is delivered to our clients and more profitable that we can be.
7. We have the chance to create “Chain Offerings” by moving our engine to the permission chain and take large scale projects. We can offer new protocol for interchain based on our modules and logics (smart onion), the business model also makes us closer to create real sharding (Ethereum has the difficulty in identify key node and node environment, we have business level clients and end-user structure). The algorithm is in our vault and for speed up with costing down the transaction on chain.
8. When we have new chain, then new type of Mining is possible and make FST grows better in price, and also support the speed and cost issue in Blockchain. Our tech team creates consensus level code can mock up protocol. So people can mine your token (the miner supports business to pay ETH in operation then gets business smart token). This creates a different level of sharing economy and decreases the risk for business to run blockchain applications.
Summary
Many other features, including our Native Token Environment, Chained-chain, interchain, hybrid chain solution and scalability solution are briefly discussed in our whitepaper that both aid and elaborate on the ones we’ve already discussed. We highly recommend reading our whitepaper and signing up to our mail-list as we will release our green paper to discuss more in the additional solutions.
FundersToken Pte. Ltd. is the first company that offers modularization products to make Blockchain logical for further applications.
Through our Blockchain services, many applications can support future developments of AI, IoT, Industrial 4.0 and Smart City.
Our mission and what we believe is, disruptive technology requires a constructive business model to land at our world; Therefore, we extract the value of Blockchain Technology and then match with business principles.
FundersToken enables businesses with low technical threshold in adopting Blockchain with explicit logic of business operations.
Our achievement offers FsTK Engine which empowers businesses to reach Funders and Funder Community. We aim to be the ultimate system of Customer Relationship Management (CRM), which integrates all Funder behaviors within this new Token ecosystem.
Twitter : https://twitter.com/FundersToken
Telegram : https://t.me/FundersToken_community
Announcement Group: T.me/FundersTokenCh
Instagram : Instagram.com/FundersToken
LinkedIn : www.linkedin.com/in/funderstoken
Learn more about us : https://issuu.com/fstk/docs/funderstoken_welcomepackage
Youtube : https://www.youtube.com/channel/UC_M1oOumcVzA77Q9XOZFh4Q
Originally published at www.fstk.io on May 28, 2018.
