3 distinct features of thx!: A new communication tool

Allow us to introduce to you the thx! App through its three distinct features

As an introduction, we’d like to share with you the three distinct features of the thx! Application.

Meant to change the way you communicate with others, the thx! App is all about doing and promoting social good. How do we make this possible in the real world? Let’s take a look at the virtual deeds you can perform via this tool that will create a positive impact on your actual interactions.

The 3 distinct features of the thx! App

Say thank you anytime

Feeling generous after receiving great service from a person you just met? Let’s say you walked into a store and the clerk was warm, welcoming, and helpful the entire time. In such a case where you are not sure whether or not to give a tip, the thx! App provides an alternative and solution.

When simply uttering “Thank you!” is not enough, say it with a token of appreciation instead. Through the app, you can send THX tokens to the store clerk in a few clicks. But it doesn’t end there, you can also give tokens to your friends and colleagues. Through the app, you can convey your gratitude to people you know and strangers alike, to anyone who has contributed positivity and goodness to your day.

Accumulate thx! Scores beyond boundaries

The THX tokens you give or receive will be counted toward your thx! Score. This thx! Score offers a new way of evaluation — one that is based not only on popularity but more importantly on generosity.

But that’s barely scratching the surface. The app can help create a more robust evaluation system for companies as well as credit providers.

The thx! Score is highly reliable because it uses one’s daily life activities to measure the score. It goes beyond the boundaries of a specific company or community to include everyday life as a whole.

The thx! Score is also portable as it is fully transferable globally or virtually. An individual’s thx! Score will be maintained even after an employee leaves or retire from their job, or move to a new country.

Give or receive evaluation of service quality

There are various rating and review sites that focus on the quality of the dishes and the atmosphere of the restaurant. Unlike them, the thx! App introduces an objective and reliable evaluation that zooms in on the quality of service of employees received by the customers.

It’s a social scoring that is designed to benefit society. Here are a few examples of its effects:

• A retailer or restaurant with high-score employees will get a high store score.
• An employer can give THX to its employees as a reward.
• An employee can get THX from the employer or the customers.
• An employee with high score is entitled to receive various benefits/promotions.

Bonus: Technical features

On chain security

Being executed on Ethereum Blockchain, the FundersToken/FST Network ensures data consistency as all data will be broadcast on the public chain, securing all nodes have the same data at the same time.

Modules supporting diversity of features

• Wallet to manage THX and other crypto assets

• Voucher to support THX-related services

• Locate to access required data from the thx! Ledger

• Campaign to create different stages of the token sale

• Airdrop to reward users within the ecosystem

Native Token Environment

The FST Network enables Native Token Environment for any ERC20, which removes the need for end users to hold Ether in order to make a token transfer. Instead, end users consume the ERC20 Tokens as transaction fees.

Proof of Relay

The FST Network allows ERC20 Token holders to stake their tokens as Relayers who are eligible to help the ERC20 Token package token transfers into a single transaction, increasing the on-chain throughput of global transaction consumption by 200–400 times. With Proof of Relay achieving a higher Block Capacity, The FST Network can potentially reduce the gas fee by more than 80% based on the network condition.

FundersToken can assist by constructing another layer of data mining and fetch real user activity for algorithm scoring. It will propose an Ethereum Improvement Protocol (EIP) of PoR to the Ethereum community in August. The link will be provided when released.