ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: MODULE. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
MODULE is a blockchain-based platform designed to utilize the free storage of smartphones, PCs, servers, etc. as an asset. Using the MODULE platform, one will be able to participate in mining even from a smartphone. Servers and enterprises can also participate in mining.
MODULE employs a new transaction approval algorithm. It is a new technology platform that enables everyone to participate in mining, even from a mobile device. In addition to building DApps, users will also have the ability to issue new currencies on the platform. Module’s consensus (mining) algorithm makes it possible to earn rewards by lending out storage space. As the storage capacity of devices progresses and expands, one can expect the various services offered to expand. In addition to issuing new original coins, users will also be able to develop Dapps (decentralized applications) on the platform.
MODULE (MODL) – An innovative blockchain platform, based on PoSTT! Proof of Space, Time and Transaction. Using the MODULE platform, one will be able to participate in mining even from a smartphone. Servers and enterprises can also participate in mining.
One of the features of our project is that a token holder = MODL user. The beta version of the MODL application will be distributed to the users who purchased a MODL token during the ICO. The more activity on the application, the more value of MODL to be distributed. Influencers will be used to propagate the App and acquire users. Press releases will begin in the Asian region from August 2018.
MODLAPP PRODUCT DEVELOPMENT
Internal testing will start from October 2018. The beta version will be distributed to users in December, after the completion of testing. The official release in Google Play and App Store is scheduled for January.
Module is a platform where any user of a smartphone, tablet or personal computer, having installed the appropriate application, will be able to earn tokens by allocating a certain place in the memory of his device for a certain period of time. This location will be involved in a cloud storage network for encoded information provided for storage by desirous based on p2p (equal to equal) smart contracts.
Despite the fact that the distribution of content is planned around the world, the emphasis is on the third world countries, for whose residents even small amounts of additional earnings play a significant role. Testing the beta version of the application is expected in October this year. Due to blockchain security and distribution secrecy, the MODULE application can be used in the field of Finance, logistics and other areas related to official documents.
With the expansion of the number of participants, it is expected to provide opportunities for everyone to develop their own blockchain applications. The existing smart contracts and secure blockchain will also allow startups to launch their own ICO (initial coin placement)
The unique Protocol PoSTT (proof of space, time and transaction) – confirmation of space, time and transaction - allows customers to pay for the storage, data transfer tokens of the ecosystem in proportion to the amount of memory and time for storage, the number of transactions. The following nodes are involved in the process of storage formation for rent:
Verifier-a node that needs a place to store its information, in other words, the client.
Farmer – a site that provides a free memory for hosting the data and making these coins.
Miner-node confirming transactions by smart contract by creating new blocks in the blockchain.
The linking server is located separately from the blockchain and is designed to connect the farmer and verifier, control the network and blockchain, as well as store metadata and select the farm network, which is based on the calculation of the location of the closer device.
ADVANTAGES OF THE MODULE PLATFORM
Safety and lower costs
Tracked mining fee
Efficiency thanks to smart contracts
Great potential for development and expansion
High protection of information from hacking and loss.
MODULE AS A DAPP PLATFORM
Module makes it simple for developers to build and deploy blockchain datastorage applications.
With Module; By getting started with your own blockchain, you can:
Gain access to Module’s solutions, which enable, you to store and manage your data privately, securely, independently and quickly.
Your data assets are stored at a blockchain address, which is fully controlled by you – the only person who can access them.
Take advantage of our platform’s Secret Sharing concept. Rent space and start mining – it’s easy with Module.
Use blockchain for fast deployment of your own service, pay for data, data storage and transfer services.
Use tokens to pay for system integrity and award miners, send payments to developers and contributors, support scientific labs and universities, create affiliate and loyalty systems etc.
BENEFITS OF THE MODULE PLATFORM
OPTIMUM CONDITIONS FOR STORING DATA
Best prices & guarantees thanks to a large number of competing storages
Visible and verifiable bids
Time-saving mobile smart contract system
DATA TRANSFER SPEED AND AVAILABILITY
Transferring data from the assets nearest to the recipient
As the Module gains popularity, more and more mobile storage capacities will be available to you in your city, on your street, in your building
Decentralized and verifiable storage
Strong forced end-to-end encryption
Data redundancy and self-healing
Proof of space, time and transaction for mining blocks
TOKEN AND ICO DETAILS
MODL (Ethereum ERC-20 token) is a utility token in Module's cryptographic economy, where Module consumers can pay and producers can earn.
Token Name: MODULE
Token Symbol: MODL
Price token: 0.008 USD
Accepted Currency: ETH
Sale amount: $4 101 686.00
Soft cap $5M
Hard cap $18M
1MODL COSTS 0.008USD
ROADMAP AND DEVELOPMENT PERSPECTIVE
Management of the token sale
Participation in Consensus 2018
Start of Module platform development
Start of MODL App development
July 16, 2018
Start of presale
July 31, 2018
End of presale
August 1, 2018
Start of ICO
September 30, 2018
End of ICO
Listing on exchange
Start of development of the Secret Sharing service
Building of mining server
Testing of MODL App beta version
Testing of Module platform
Start of Module platform operation
Distribution of MODL App beta version
MODL App in Google Play and App Store
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
The goal of this project is to develop content in which users can participate, such as advertising models and crowd funding. The release of unique content will improve user satisfaction. Be a part of this revolution and follow these links for more information;
One Pager: https://modltoken.io/doc/onepager_en.pdf