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Author Topic: A New Chapter in Blockchain: 01. Why is there a FDS?  (Read 115 times)
FairC (OP)
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April 02, 2019, 02:11:57 PM
 #1

FDS is the exclusive token of the new fundraising platform IShare Platform. In the Ishare Platform, we proposed the ecological concept of FAIR (Fairness Aid Intention Restriction).
https://imgur.com/GjEv6if
FAIR is a new concept in the blockchain field in 2019. It is an inevitable outcome of the blockchain since its birth.

In order to better understand the blockchain history, we review the big events in the history of the entire blockchain project:

▲ 2008–2013:Blockchain was born
In November 2008, Nakamoto published the first article titled “Bitcoin: E-Cash”, explaining how to set up a new cash system. According to Satoshi Nakamoto, the new cash system can complete transactions through peer-to-peer, thus removing financial institutions, and also including features such as non-tamperable, highly transparent, and traceable. Then, the story of “Blockchain” began. In the following years, a variety of cryptocurrencies (Lite, Doge) and other electronic currencies appeared in the market, and blockchain technology also received much attention.

▲ 2014–2015:Ethereum was born
The emergence of Ethereum is a huge innovation, decentralized application platform. The emergence of smart contracts has enabled the application of blockchain from the monetary system to equity, bond registration, transfer of various means of implementation and anti-counterfeiting applications, greatly expanding the application of blockchain technology.

▲ 2016:Blockchain technology is maturing
By 2016, more than one billion US dollars worldwide have invested in blockchain field. With the rapid development of the blockchain industry, China has released a White Paper of Blockchain Technology and Application Development. The blockchain is combined with emerging technologies such as artificial intelligence, Internet of Things, and robots, and has become a national focus. More and more countries were paying attention on Blockchain, and also applied various policies to support the use of blockchains.

▲ 2017~2018: Competition and Optimization
In 2017, commercial giants used blockchain technology on a large scale, marking the beginning of the blockchain 3.0 era. Many companies are using blockchain technology to build new projects, business reforms, process optimization processes. At the same time, financial institutions that have been forced to reform are competing with blockchain companies for more diversified development.

With the emergence of various blockchain industry reports, a major shift in blockchain is emerging, enterprises begin to use blockchain technology. However, with the increase in the actual use of blockchain technology, the number of gimmicks is more than actual, and all kinds of fake projects have emerged. Therefore, the state has strengthened the supervision of blockchain technology, and various policies have been promulgated to ensure the interests of the masses. Of course, the first group of companies that have entered the blockchain field and survived have also received huge returns.

▲ 2019:The Tenth Anniversary of Blockchain, Return to the Community
In the past ten years, the blockchain has developed rapidly, and it has made many rich people and enterprises. Some people’s net worth reaches tens of millions or even billions. It let more people in the world notice the power of the blockchain. The number of believers in the blockchain is increasing.

This is a good thing, but many individuals and organizations have begun to use blockchain to make dirty money because of its huge fundraising ability and the bright future it represents. They use the blockchain project as a gimmick to “tell the story” and take huge benefits from it. In fact, it’s just a lie.

This phenomenon has intensified in recent years, and the altcoin coins are endless, and the number of default projects is numerous. As a decentralized practitioner of fairness and justice, our original intention is to make the blockchain more closely connect the whole world, to allow capital for flow more efficiently and credited to be built more quickly. We do not want the blockchain to be a tool for the illegitimate interests of a few people.
https://imgur.com/cU8LM7v
FAIR(Fairness Aid Intention Restriction) was born in the world of blockchains like “salad”. We have to regain the original intention of the blockchain. We believe that FAIR will become the core concept of the future blockchain project, which is the general trend, which is expected.

You can access FDS by visiting the following links:

Facebook Page: www.facebook.com/communityfds
Official Website: www.fdsfff.com
FairC (OP)
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April 03, 2019, 02:43:42 AM
 #2

A New Chapter in Blockchain: 02. What is the Purpose of FDS?
https://cdn-images-1.medium.com/max/1200/1*8LlpxjPM87mQMBlRa_g_cA.jpeg
The purpose of FAIR is to return the blockchain project to its essence, to purify the “false project” in the blockchain.

Let’s first review the growth history of BTC and ETH these famous public chains. These projects are through project development, design, publication of white papers, and finally into the community.

See the project cycle below:
https://cdn-images-1.medium.com/max/1200/1*oiGt7g-Ff_CQ9UPOUiZHUQ.jpeg

After the community accreditation project, the project gained more funds and vitality and began to improve and upgrade. If the upgrade direction of the project is approved by the community in the next stage, the project will receive more funds and resources, continue to upgrade, and then wait for the community to recognize again.

This is a virtuous circle. A good project must have constant recognition and support from the community. And the community should receive corresponding returns when project continues develop. This way the project can run healthily.

The fake blockchain project has seriously damaged this ecological chain. They camouflaged a blockchain project with high-tech or great prospects. When the project was approved by the community and they got the funds, they disappeared without a trace. The funds that should have been used in project development and giving back to the community were throttled and divided.

Those fake projects seriously threatens the health of the blockchain ecosystem. Even the entire ecology of the blockchain has been pushed to the edge of the cliff.

So, let’s come back to this sentence: The purpose of FAIR is to return the blockchain project to its essence, and purify the “fake project”.

This is the philosophy that must be followed in all blockchain projects in 2019.

Facebook Page: https://www.facebook.com/communityfds
Official Website: www.fdsfff.com
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