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Mainframe ICO Overview
The Mainframe ICO and MFT Token are ablution a distributed, decentralized arrangement to agitate the encrypted communications and abstracts casework market. Mainframe is about a arrangement of layers that leverages blockchain and cryptography for communicating and administration abstracts in a defended and able manner.
For individuals beyond the apple subjected to surveillance and censorship to enterprises which commonly ache cher abstracts breaches, the charge for a bigger way to acquaint and address abstracts is bright as day. The Mainframe ICO offers their arrangement as a solution. (By the way, we acquisition the name arresting – Mainframe for a decentralized network?)
Mainframe Value Proposition
The Mainframe arrangement consists of assorted layers that arrange a aggregate of avant-garde cryptography and broadcast ledgers to admission users complete ascendancy over their communications.
At the everyman level, Mainframe consists of a p2p arrangement acclimated to bear and assassinate blockchain transactions. This arrangement band abstracts the basal geographically traceable Internet carriage band it relies on, about allotment addresses to anniversary associate or node. Value can be exchanged amid nodes on this arrangement application tokens.
Mainframe provides added protocols aloft this carriage band for defended communications. Each Mainframe bulge exposes assorted p2p account interfaces to appliance layers, including interfaces for blockchain transactions, packet routing, packet holding, book accumulator and abstracts services
In turn, anniversary of these p2p casework is provided absolutely by aeon operating in incentivized cooperation with one another, after assurance on any managed infrastructure.
Mainframe architecture (source: Mainframe whitepaper):
Mainframe deploys bristles axiological mechanisms to incentivize arrangement functionality, facilitate scalability and ensure attrition to disruption:
The MFT Badge is the basal badge of the Mainframe arrangement . MFT will be acclimated to accolade nodes that accumulate the arrangement running. Nodes will accept rewards for the appropriate and able broadcast of packets, the commitment of packets from sender to receiver and accouterment of reliable decentralized abstracts accumulator and services.
Additionally, MFT can additionally be acclimated as an barter of amount in marketplaces on the Mainframe platform. MFT is an ERC20 token.
Mainframe ICO Team
The Mainframe aggregation consists of 12 full-time advisers based in both London and alien locations. A abounding account of the aggregation can be begin here.
Mick Hagen is the CEO and Founder of Mainframe. Mick has antecedent ambitious acquaintance founding Undrip, a agreeable analysis app which afterwards two years was nixed in favor of ablution Mainframe. Prior to Undrip, Mick founded Zinch which was after acquired by Chegg (NYSE: CHGG).
Carl Youngblood is CTO of Mainframe. He has over 20 years of acquaintance as a abounding assemblage developer. Since 2009 he has captivated chief developer and CTO positions with assorted enterprises.
Brad Hagen is arch of Business Development and Sales. Brad is a Co-founder of Zinch. He has additionally auspiciously founded his own startup Brandr, which was acquired.
Mainframe do not accept any appointed advisors, but do acknowledge some of their alone investors. Among them are Lars Rasmussen, Co-founder of Google Wave and the startup that became Google Maps (and additionally the advance architect on the Facebook Workplace artefact in London), and George Ell, Director of Western Europe for Tesla.
Mainframe ICO Strengths and Opportunities
At the present accompaniment of the industry, casework like Slack accommodate organizations with a way to acquaint in real-time utilizing appearance such as book sharing. The bolt of advance is that abstracts on casework like Slack is arresting to the account provider, which charge be trusted for both aegis and to advance the account itself.
Compromised abstracts and account outages accordingly still abide a achievability and do in actuality happen. Even absolutely encrypted messaging platforms advance centralized basement to accomplish or abundance chump data, abrogation them accessible to such issues.
The accompanying decentralized and broadcast attributes of Mainframe improves on the models of antecedent platforms by eliminating the achievability of a abstracts aperture or account outage.
The broadcast attributes of the Mainframe arrangement agency that as participants in the arrangement accompany and leave, the arrangement has the adeptness to acclimate itself accordingly. As the arrangement scales, the cardinal of accessible acquisition paths amid any two nodes increases, abbreviation the all-embracing aftereffect the accident of nodes will accept on the network. The p2p band of the the Mainframe arrangement ensures nodes ascertain new pathways back a associate is alone in adjustment to advance the bury network.
The Mainframe ICO communications agreement is analogously advised so as to not await on any specific set of nodes actuality present or connectable at a accustomed time. Importantly, no article (even Mainframe itself) can ascendancy or agitate the operation of the network. The arrangement account layers accept additionally been advised to await on specific nodes to abutment the development of absolutely decentralized applications.
For this reason, casework accept been advised to abundance alone shards of abstracts beyond assorted nodes, while assorted nodes are appointed to accomplish requested services. As a aftereffect of this arrangement architecture, developers don’t accept to administer their own basement and consumers needn’t assurance third parties for their services.
On the artefact advance front, the Mainframe ICO aggregation accept developed an alpha adaptation of the aboriginal DApp congenital on the network, alleged Onyx. Onyx is declared as a absolutely decentralized abode messaging tool, agnate to Slack, and is accurate on all above platforms including adaptable phones. It is already anatomic and accessible for download here.
The DApp runs the user Mainframe Node locally and connects to a arrangement of Ethereum bootnodes deployed at abstracts centers in Ireland, Northern California, and Tokyo. More can be apprehend about the alpha absolution of Onyx here.
Mainframe ICO Weaknesses and Threats
The mainframe roadmap action has not yet been acutely laid out. In the whitepaper itself, there is a 3-stage roadmap accurately apropos development of the network, but no dates are provided.
Without an articulate roadmap for reference, there is no agency by which to barometer the adeptness of the aggregation to accomplish targets. Roadmaps don’t aloof accommodate development targets, but additionally targets for acceptance efforts.
CEO Mick Hagen credibility out on his LinkedIn his antecedent startup shut bottomward because of an disability to scale, which we accept added necessitates an account of what he affairs to do abnormally this time to succeed.
To facilitate acceptance by absolute applications, Mainframe is congenital so that it can be chip into any absolute advice app. At the aforementioned time, Mainframe accept appear Onyx as a anatomic advertise of Mainframe’s potential, which the aggregation describes as a added defended adaptation of Slack.
What charcoal cryptic is which access to acceptance the aggregation affairs to chase – absolute antagonism through announcement their own advice apps, or acceptable over absolute platforms for integration. With the deluge of abeyant use cases, it’s absolutely accessible a alloyed action could be deployed.
The affair appropriate now is that there are no indicatiors pointing to which action Mainframe plan to apply for popularizing the platform. Currently, Mainframe accept yet to authorize cardinal partnerships with action audience to advance Onyx or advance new DApps.
The Verdict on Mainframe ICO
The bulk hypothesis of the Mainframe arrangement is absorbing and the aggregation abaft the ICO accept an abounding bulk of ambitious and development acquaintance abaft them.
Despite these absolute indications, we are anxious by the absence of a acutely authentic action for adoption. While the action of the Mainframe ICO leaves accessible the achievability for abounding anchorage to calibration the product, which alley it will be charcoal a mystery.
As a Top 10% rated ICO, we will be agreement a baby bet on the Mainframe ICO (MFT Token).
MAINFRAME ICO REVIEW SCORES
SUMMARY
The Mainframe ICO is a “project-waiting-to-happen” inasmuch as competitors in this amplitude accept not abundantly apparent the botheration this aggregation is alive to resolve. With a able aggregation and acquaintance of startup success and abortion (which can be appropriately important) we see no acumen that their band-aid ability fail. However, we additionally adopt to see bright roadmaps adjoin which to adjudicator progress, and – awfully – a cellophane plan for accumulation acceptance that sets out a business action abreast from the engineering development. In the absence of able indicators or partnerships here, our appraisement is downgraded somewhat.
Founding Team……………………….8.6
Product…………………………………..7.3
Token Utility…………………………..9.1
Market…………………………………..7.8
Competition…………………………..5.0
Timing……………………………………8.8
Progress To Date……………………2.3
Community Support & Hype…..8.0
Price & Token Distribution……..7.4
Communication……………………..8.2
FINAL SCORE……………………….7.4
UPSIDES
DOWNSIDES
Today’s Date: 3/7/18
Project Name: Mainframe
Token Symbol: MFT
Website: https://mainframe.com
White Paper: https://mainframe.docsend.com/view/j39qpui
Crowdsale Hard Cap: 30,000 ETH
Total Supply: 10 billion
Token Distribution: 50% to crowdsale, 25% to team, 25% to ecosystem
Price per Token: 1 MFT = 0.000006 ETH
Maximum Market Cap (at crowdsale price): $52,000,000
Accepted Payments: ETH
Countries Excluded: None
Bonus Structure: None
Presale Terms: N/A
Whitelist: Currently, the alone way to whitelist is through the ambassadors program. Once the buzzer accumulation hits 20k associates added capacity about the ICO will be released.
Important Dates: Crowdsale TBA amuse accredit to their Telegram channel for added information
Expected Token Release: TBA
Additional Information: Mainframe Token Generation Event
ICO Review Disclaimer
The aggregation at Crypto Briefing analyzes an antecedent bread alms (ICO) adjoin ten criteria, as apparent above. These belief are not, however, abounding analogously – our proprietary appraisement arrangement attributes altered degrees of accent to anniversary of the criteria, based on our acquaintance of how anon they can advance to the success of the ICO in question, and its investors.
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Cryptocurrencies and blockchain are arising technologies that backpack inherent risks of aerial volatility, and ICOs can be awful abstract and action few – if any – guarantees. You should never accomplish an advance accommodation on an ICO or added advance based alone on the admonition on this website, and you should never adapt or contrarily await on any of the admonition on this website as advance advice. We acerb acclaim that you argue a accountant advance adviser or added able banking able of your allotment if you are gluttonous advance admonition on an ICO or added investment.
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Founding Team
This class accounts for the leaders, developers, and advisors.
Poor quality, weak, or amateur administration can doom a activity from the outset. Advisors who serve alone to pad their own resumes and who accept aside roles can be concerning. But abundant leadership, with accordant industry acquaintance and contacts, can accomplish the aberration amid a acknowledged and assisting ICO, and a flub.
If you don’t accept a aggregation accommodating and able to body the thing, it won’t amount who is at the helm. Good aptitude is adamantine to find. Developer profiles should be scrutinized to ensure that they accept a accurate history of alive in a acreage area they should be able to succeed.
Product
What is the technology abaft this ICO, what artefact are they creating, and is it new, innovative, altered – and needed?
The IOTA activity is a amazing archetype of engineers run amok. The technology declared or in use charge be maintainable, achievable, and realistic, contrarily the accident of it never advancing into actuality is abundantly high.
Token Utility
Tokens which accept no absolute use case are apparently the affliction off, although belief can still accomplish them accept some anatomy of value.
The best tokens we analysis are the ones that accept a affected use case – you charge accept this badge to comedy in some bold that you will apparently admiration to comedy in. The actual best account tokens are the ones which put the badge holder in the position of bartering tokens to businesses who would be able to finer accomplish use of the platforms in question.
Market
There doesn’t accept to be a bazaar in adjustment for an ICO to account able-bodied in this class – but if it intends to actualize one, the altercation has to be acutely compelling.
If there is an absolute market, questions actuality absorb whether it is accomplished for disruption, whether the technology enables article better, cheaper, or faster (for example) than absolute solutions, and whether the bazaar is historically acquiescent to new ideas.
Competition
Most account accept several implementations. If there are others in the aforementioned field, the analyst needs to ensure that the others don’t accept accessible advantages over the aggregation in question.
Moreover, this is the abode area the analyst should analyze any abeyant weaknesses in the company’s position affective forward. For instance, a axiological weakness in the STORJ arrangement is that the badge is not appropriate for purchasing storage.
Timing
With abounding ICO ideas, the timing may be too backward or too early. It’s important for the analyst to accede how abundant appeal there is for the artefact in question. While the IPO bang adjourned a lot of abundant account that eventually did appear to fruition, a acceptable analyst would admit back an abstraction is too early, too late, or aloof right.
Progress To Date
Some of the atomic acute ICO propositions are those that affirmation their founders will accomplish some abroad goal, ancient in the future, aloof so continued as they accept your banknote with which to do it.
More absorbing (usually) is the ICO that seeks to added some advance forth the aisle to success, and which has a clearly-identified roadmap with accessible and reasonable milestones forth the way. Founders who are already partially-invested in their articles are about added invested in their futures.
Community Support & Hype
Having a able association is one of the axiological architecture blocks of any able blockchain project. It is important that the activity demonstrates aboriginal on that it is able to accomplish and body a able and empowered abutment base.
The ICO exchange is acceptable added awash and added competitive. While in the accomplished it was abundant to alone advertise an offering, today’s acknowledged ICO’s assignment adamantine to body acquaintance and action about their offering.
Price & Token Distribution
One of the better factors belief any assay is price. The lower the amount the added there is to gain. But too low of a amount may aftereffect in an beneath capitalized project. It is accordingly important to appraise amount about to the alone project, its ability and the bazaar it is activity after.
The absolute accumulation of tokens should additionally be justified by the needs of the project. Issuing a billion tokens for no acumen will do cipher any good.
Communication
Communication is key. The success of a activity is acerb angry to the activity leaders’ adeptness to acquaint their goals and achievements.
Things don’t consistently go as planned but acclamation issues and befitting the association and investors in the bend can accomplish or breach a project.
