The Module platform is a platform based on the blockchain, the main purpose of which is to give the owner of the gadget the opportunity to donate free memory for rent and for that to receive a reward.
It is important to note that the gadget means not only a smartphone but also a PC, tablet and even a game console.
Process is simple:
- You download the platform application to your gadget and give other users the ability to store their data, for which you get rewarded with MODL tokens. The amount of the reward will depend on the amount of memory you have rented.
- You should not worry about the possibility of breaking the data. They will be protected by encryption and divided into fragments, i.e. they will be in different places at the same time. On the platform, each user can run his project, create an application and participate in mining.
Module Mining System (PoSTT)
Module has introduced a new type of mining called as proof of space, time and transaction. Their mining system will perform two types of functions; First is data storage and second is data transfer. Client and miner will decide the service price and clients will be able to store their data at any they want. Miner reward will depend on their storage dedicated to module system and no of transactions performed in a time period.
The technology at the core of the Module platform is the mining protocol POSTT for decentralized data storage. The point is that there are two participants in the network-this is the one who rents a free space to store the data and the one who buys it. They carry out the transaction among themselves, having previously agreed on the price.
This algorithm includes three components-a confirmation of the location, time and fact of the transaction itself in the network.
Modules are great for storing important data that cannot be distributed to others. Data keeps fragments stored in different places, and information cannot be reproduced by only one fragment, there needs to be some. A method for secret documents has been developed by controlling the secret sharing key on the blockchain.
Modern centralized storage systems cannot provide a high level of security. This has been confirmed already many times when the repositories of celebrities were hacked and their personal data became public. Module will not allow this scenario. Using the blockchain, distributed storage, and encryption capabilities, the platform can protect data of any kind.
Main sales start from August 1 to September 30, 2018
Total will be released: 15 billion tokens
2.25 billion tokens allocated for main sales
Softkap: $5 000 000
Hardkap: $18 000 000
Token Price: 1 MODL = 0.008 USD
Residents of countries where this is not prohibited are allowed to participate in sales.
Module can help you earn. Using some memory on your phone, it does not forget to leave a few tokens in your wallet as a reward. Thus, you can always work in normal mode with your phone without any difficulties. At the same time, when you need the memory and the phone's power cannot cope with this, you can ask for help from the Module, which will give you a place on the disks of other users.
- September 2017- Start of module project
- November 2017 - developing the module platfrom concept
- January 2018 - Start of Module platform analysis and design
- February 2018 - Start of analysis for module project launch analysis of development of the secret sharing servies
- May 2018 - Management of the token sale Participation in Consensus 2018
- May 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
- September 2018 - Listing on exchange Start of development of the Secret Sharing service
- October 2018 - Building of mining server Testing of MODL App beta version
- November 2018 - Testing of Module platform
- December 2018 -Start of Module platform operation Distribution of MODL App beta version
- January 2019 - MODL App in Google Play and App Store
Join the company, get news and more details about a project:
Whitepaper : [https://modltoken.io/doc/whitepaper_en.pdf]
ANN : [https://bitcointalk.org/index.php?topic=4566364]