MODULE - Cryptoeconomic Ecosystem on a Decentralized File Storage Network project

dobleng (38)in #module • 6 years ago

Module Defined

The module enhanced a platform that sanctions users to reserve space on their computers or other contrivances – including smartphones and tablets – that can be utilized as a component of a blockchain for any purport of data storage.

The company’s innovative software hopes to address issues intrinsical in subsisting blockchain accommodations-extortionate power consumption and tacit centralization-by providing even low-hardware users with part of the blockchain as a component of a cloud system. The company additionally publishes its own cryptocurrency, the MODL token, needed to access its platform.

Who is abaft the module?

Module is the work of a mid-sized team in Japan; His six executives manage a team of nine engineers, and the team has decades of software development and management experience.

Albeit the company is present on the most popular gregarious media sites, it has not reached an astronomically immense audience yet. The Facebook, Twitter and Telegram pages have fewer than 100 adherents. The company has additionally received no press from websites other than those accumulating information about upcoming ICOs.

However, at the time of inditing, the company is less than a month old, so it will probably get more attention when its ICO approaches and its platform nears completion.

How Module Blockchain Data Cloud Storage Network Works

The main product of the module is a blockchain-predicated data storage platform that sanctions anyone to act as a “miner” (data host) with his computer’s free recollection. The system is not obligatorily aimed at end users, but rather at software developers who can manage the back end for a variety of applications.

In their white paper, Modules estimates that billions of gigabytes of data on smartphones and other contrivances around the world go unutilized. While most blockchain accommodations rely on very potent computers to check transactions and store data, Module suggests instead that all this unutilized recollection should be utilized.

All data stored on the platform of the module is plenarily encrypted so that it is forfended from the peer on whose contrivance it is stored, but withal when the contrivance of the host is offline because there are multiple copies.

The developers of the platform state that they are one of the most viable alternatives to the most widely used blockchain verification architectures, as proof-of-work algorithms require immense power consumption and proof-of-stake methods incline to tacit centralization.

The platform’s algorithms are designed to provide an authentically decentralized system that will work well in the future as the hardware requisites of computer recollections and programs perpetuate to grow.

The module enables its miners to set their own hosting accommodation prices, which the company hopes will stimulate salubrious competition and sanction users to buy only the storage capacity they require for their intended use. Access to the accommodation requires payment in MODL tokens, which are habituated to compensate the host users for servicing the accommodation.

The development of the module platform commenced in May 2018, albeit the company’s roadmap shows that a beta release will not be relinquished until the cessation of the year. The company hopes to relinquish a convenient smartphone app on Google Play and the App Store in early 2019.

MODULE AS AN DAPPLICATIONS PLATFORM

Module makes it simple for developers to build and deploy blockchain datastorage applications.

Get started with your own blockchain

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.

FEATURES

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.

THE VALUE OF THE MODULE PLATFORM IS PROPORTIONAL TO THE NUMBER OF DL (USERS)

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.

PLATFORM OPERATION

Our goal 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.

EXPANSION OF THE TOKEN ECONOMY (ECONOMIC SPHERE)

MODL will expand user content and bring platforms to the world, thereby acquiring Module’s commercial area.

what is Module all about?

MODULE is a block chain-based stage intended to use the free stockpiling of cell phones, PCs, servers, and so on as an advantage. Utilizing the MODULE stage, one will have the capacity to partake in mining even from a cell phone. Servers and ventures can likewise partake in mining. Module stage enables clients to mine and lease unused GB even from little convenient gadgets, which implies that any cell phone proprietor will have the capacity to take an interest in the Module business and win.

Module's accord calculation makes it conceivable to procure remunerates by loaning out storage room. As the capacity limit of gadgets advances and grows, one can expect the different administrations offered to extend. Notwithstanding issuing new unique coins, clients will likewise have the capacity to create Dapps (decentralized applications) on the stage.

Features of Module platform

For People

Do you have free GB on your cell phone?

Contribute them to the Module arrange and get a reward in MODL tokens. Anybody can supply the system with unused GB on their gadget, tablet, workstation or PC and win when others utilize this stockpiling.

For Block chain people group

Prepared to begin your own application or blockchain business?

Savvy contract innovation, reasonable mining, ensured, rapid and minimal effort blockchain condition for your application or start-up.

For Business

Need gigantic information stockpiling, ideally shoddy? Done!

On account of the substantial measure of advanced stockpiling resources and their decentralization, the cost of secure information stockpiling will be much lower than what's as of now accessible available.

For Safety

Apprehensive that your own information will be stolen? Module disposes of this hazard.

Dispersed capacity arrange offers noteworthy preferences contrasted with server-based distributed storage. Information is anchored with customer side encryption, which guarantees significantly more prominent unwavering quality than some other existing convention

For Speed

Moderate record exchanges and long download? All before!

Disseminating records from areas nearest to the beneficiary significantly builds information exchange speed.

future perspective of module platform

In module future, not just individuals living in created nations will have the chance to partake in mining. We would like to have numerous individuals holding cell phones in immature nations going about as excavators and getting rewards. For some individuals in created nations, mining that gets just a single dollar daily might be good for nothing, however they trust this can radically change the life of individuals in poorer nations.

Module APP

MODULE is appropriate for capacity of touchy data since its dispersed stockpiling keeps information in pieces in a wide range of spots. It can be utilized to store data that ought to be kept mystery from others. Specifically, by putting away data in an appropriated store like MODULE, one can improve data security through sharing. At the end, if touchy data is partitioned into fragmentary snippets of data and put away in particular places, data can't be repeated with just a single section, however in the event that few pieces are assembled, the data can be imitated. This Secret Sharing strategy will be utilized in block chain, and to manufacture secure distributed storage for the protected stockpiling of touchy data.

Module MODL Token ICO Details

MODL is utility token of the network. It can be stored in any Ethereum wallet supporting ERC20 tokens (MyEtherWallet, Mist, MetaMask etc.)

Ticker name: MODL

Token standard: ERC-20

Soft Cap: 5,000,000 USD

Hard Cap: $18,000,000 USD

Total supply: 15,000,000,000 MODL

Tokens for sale: 2,250,000,000 MODL

Pre-ICO date: 16/07/2018 -31/07/2018

Pre-ICO Bonus: 7%

ICO date: 1/08/2018– 30/09/2018

Token price: 1 MODL=$0.008 USD

Restricted countries: the USA and other countries where it is outlawed.

Payment accepted: BTC, ETH, LTC, Dash, Zcash, ETC, USD (wire transfer)

Module MODL is an Ethereum ERC-20 compatible toke. Private pre-sale runs from June 15 through July 31, 2018. All public ICO sales commence immediately thereafter and run until August 15. During the crowdsale, a MODL token will cost you $ 0.008, even though pre-sale customers receive a 7% discount. The MODL Token Soft Cap is 5M and the Hard Cap is 30M.

Fund Distribution