Module: Decentralized Platform to Lend Out Your Unused Space in The Smart Phones

Overview:

It is a blockchain based platform which provides optimal utilization of free storage in smartphones, personal computers, and servers. It is aiming to reduce the power consumption for mining by using small devices in an energy efficient way.
Module platform enables everyone to participate in the mining, users can participate in the mining using mobile device also.
If we consider a small example, on an average smartphone (32GB) user uses only 50% of his storage in the device, approximately 200 billion devices are available in the world, total 32 billion GB of storage is unused only in the mobile device

Module is using these type of storages as resources and aiming to become an environmentally friendly platform by effective use of unused storage.

This platform enables users to earn the rewards by simply lending out their free space in the mobile devices or personal computers

Technology used in the platform:
It uses unique mining method called PoSTT (Proof of Space, Time and Transaction)
PoSTT is a blockchain based Peer to Peer based decentralized storage network which issues its own coins, miners will mine the tokens for the services and clients use this data for storing and transmitting the data.

Gas:
For any simple transaction execution, it takes combination of opcodes, for each opcode it takes certain coins. Number of coins required to execute one opcode is called as Gas. It is used to protect form the malicious attacks

Token economy:
Module platform issues Ethereum based utility token called “MODL”, which can be used in the internal ecosystem of the platform for the services availed and rewards earned for storing the data.

Token details:
Token symbol: MODL
Token Type: ERC-20
Total supply of tokens: 15,000,000,000
1 MODL= $0.008
Softcap: $5,000,000
Hardcap: $18,000,000
Pre-Sale: 16th July to 31st July 2018
Pubic Sale Starts form 01st Aug 2018

Team:

Toshiki Tashiro -Project Manager
Over 10 years of experience in the software industry, including management of a software developing company. Works as a guest lecturer in educational institutions. Passionate about raising awareness on blockchain and cutting-edge technologies in local communities. Specializes in crypto economy, startups, and ICO analysis

Yoshitomo Kikuchi- Marketing Leader
After joining Recruit HRM Co., Ltd., focused on the financial industry. The company is a standalone branch of a foreign insurance company and operates as a general brokerage agency. Utilizing his powerful logical and business skills, Yoshitomo is in charge of negotiations in various fields related to the current project.

Yuichi Yoshida-Marketing
A young businessman who is running a company for 21 years old. Invested in real estate, securities, cryptographic currency etc. for several years and participated in various ICOs. An experienced participant in the investment
community of hundreds of blockchain investors and enthusiasts.

Verdict:
Pros:
• Idea of the project looks good and innovative, it is utilizing the unused storage of the devices.
• Roadmap is very clear about the project, it is going to launch MODL mobile application on 2019 January.
• Advisory team looks great, its team members consists of experts form different fields such as blockchain, legal, media consultant
• This project is partnered with system design works, ICO Box, CREA and cryptonomics capital.
• Website is appealing good, it gives an overview of the project at a glance

Cons:
• Social media hype is low, its telegram community has 2k+ members as of now
• MVP of the project is not yet released
• Even though whitepaper explained layman language, it doesn’t have enough information of the project details

Links:
Website: https://modltoken.io/
Whitepaper: https://modltoken.io/doc/whitepaper_en.pdf
Telegram: https://t.me/module_project
Twitter: https://twitter.com/MODULE_Project
Bitcoin talk : https://bitcointalk.org/index.php?topic=4566364.msg42496808#msg42496808
Facebook: https://www.facebook.com/moduleproject/

Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a