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: FiiiCOIN. 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.
Fiiicoin is a mobile mining based designed transaction system where every Smartphone user will be able to participate in maintaining whole block-chain network without relying on expensive mining machines and graphic cards. FiiiCoin is a transaction network specifically designed for mobile devices mining purpose only. The blockchain technology enable all mobile devices participate in maintaining the blockchain network while leaving it idle and charging battery instead of relying on expensive and powerful computer hardware running 24/7 to do the mining work. The main objective is to create a least effort way and promote re-using the existing available resources(mobile devices) together to take part in maintaining the blockchain. Even the non-IT people or non-crypto fans can easily learn and involve in mining as long as they at least have a smartphone. FiiiCoin is built using an enhanced version of Proof-of-Capacity consensus algorithm – Delegated Proofof-Capacity (DPoC) to achieve the mobile mining capability while keeping the mobile device from being a full node and perform extensive block synchronization work. FiiiCoin is developed using an in-house built customizable blockchain technology - FiiiChain. FiiiChain provide standard blockchain modules with the “plug-and-play” capability for developers to modify the blockchain characteristic base on the given business requirement.
FiiiPOS - It is the 'Point of Sale' (PoS) system hosted on the FiiiCoin ecosystem, with right now the world's solitary PoS terminal that is perfect with in excess of 1500 cryptocurrencies.
It bolsters host of features including 'Near Field Communication (NFC)', 'GPS', 'Code filtering', 'Bluetooth 4.0' and so on.
FiiiPAY - It is an e-wallet application which will bolster storage of cryptocurrencies alongside helpful approach to direct online and offline crypto exchanges (supporting in excess of 1500 cryptocurrencies).
It utilizes Bluetooth 4.0 Beacon Technology, a patented Bluetooth based payment system to broadcast custom data payload.
FiiiCHAIN - It is the blockchain technology underlining the FiiiCoin ecosystem.
FiiiEX - It is the computerized money exchange (DCE) hosted on the FiiiCoin ecosystem enabling clients to exchange cryptocurrencies.
Furthermore, FiiiEX will be connected with FiiiPAY to permit consistent integration for executing trades and getting up-to-date pricing.
FiiiCoin Network Architecture
Fiicoin is a peer to peer network architecture that will connect constantly with multiple nodes to synchronize data within the same network. P2P mean that node connected to server has same privileges and communication capabilities that other have in flat topology. It will also provide other additional services to routing system that will enhance the performance of peer to peer network and new nodes will able to easily access to other nodes within the network. Fiiicoin network contain several master nodes that are distributed worldwide and providing data synchronization service and helping new nodes to find other nodes quickly. Similarly to bitTorent it also has a global tracker system that seeds all active nodes and provides all IP addresses to newly joined node.
FiiiCoin Mining System
Smartphone devices are not good at mining due to their limited storage capacity, weak computing power, low battery due to which mobile device is not capable of maintaining block-chain network 24/7. For synchronizing data in block-chain system mobile networks require 4G technology and if we run up node then mobile can finish up all bandwidth in no time. Fiiicoin mining consensuses are proof of capacity and proof of delegated capacity algorithms that will achieve mobile mining and enable mobiles to fully synchronize with their network.
Easy to use & simplified design
Accepted anywhere around the world, users no longer have to worry about acquiring local currency when travelling
Powered by Lightning Network where transactions can be completed almost instantly
Lower Transaction Fees
Users can freely use, accept, transfer or exchange FiiiCOIN as the transaction fees are attractively low
Everyday Usage Appeal
FiiiCOIN is poised to emerge as a daily use currency, accepted & available everywhere
Lower energy consumption & better hardware reusability
Resistance to ASIC
Unique DPoC design where mining productivity is largely dependent on memory space rather than raw processing power
Safety & Security
Hosted in multiple servers across the world, our FiiiCOIN is less susceptible to hacking or other kinds of manipulation
Strong Commercial Base
Widespread use of various FiiiGROUP-issued hardware and solutions further adding to FiiiCOIN’s stability & commercial appeal
Any smart device with free space can perform mining (i.e. a smartphone on charge)
Any user with a smart device can participate equally in the FiiiCOIN market
With firm backing and proactive management from FiiiGROUP, FiiiCOIN prices will be less volatile.
TOKEN AND ICO DETAILS
Coin Name : Fiii
Total Supply : 5,000,000,000
Total Coin for Sale : 420,000,000
Launch Price : US$0.12
Soft Cap : US$15,000,000
Hard Cap : US$40,000,000
Accepting: BTC, USDT
Minimum investment: 0.12 USD
ROADMAP AND DEVELOPMENT PERSPECTIVE
Angle Round B raised 3000ETH
FiiiPOS demo ready
1000 units of FiiiPOS ready for testing
FiiiPAY available on APP store & Playstore
FiiiPOS distributed to Malaysia & Singapore dealers
2nd batch order in mass production
Expand to 10 countries
Target 50k FiiiPOS sold with 500k FiiiPAY users
Angel Round A raised 3000ETH
Grand lauching of FiiiPOS & FiiiPAY
Bounty Program activated
FiiiPAY Rewards Program
DPOC personal terminal & mining promotional activities commenced
Mainstream adoption of FiiiPOS in 30 countries
around the world achieved
100k FiiiPOS and 2 mil FiiiPAY users
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 main purpose of creating this coin is to re-utilize current resources especially mobile phones to take part in mining process. Even a non IT user or crypto Fan who do not have money to invest can able to earn some reward by just taking part in mobile mining system. Be a part of this project and follow these links for more information;