MetaFabric (FABRIC) is a platform for communication between cryptocurrency traders. The platform claims to offer communication that is direct and secure. The platform believes that fundamental values of decentralization should be protected. That is why MetaFabric aims to connect the entire crypto world to build a community-owned, universal ecosystem of instruments, which is the spine of metaverse communication. The platform seeks to reach a crucial group of users quickly. The platform also contains a well-defined inventory of promotional actions to provide good results. The design of the ecosystem is centered around a highly aggressive, fast-paced campaign, with every new product attribute being moved out to be publicized.
The platform has spent several years marking and building blockchain and software products. Incorporating business knowledge with feedback from the target users preserves two of the most beneficial resources in business: money and time. The philosophy of operating MetaFabric, called the Lean Approach, is explained in these easy steps:
The platform launches an essential Minimum Viable Product (MVP);
Then the platform validates based on user response and achieved adoption, repeating the procedure if required;
After successfully validating and launching, the platform creates and further grows the tech;
Lastly, the platform open-sources its work and moves it into the community's hands.
The FABRIC token is native to the platform. The platform's token flow is claimed to be effortless. Users pay by using ETH and different currencies for messaging others that need a fee. Most of the cost is converted to FABRIC tokens on exchanges, and most of it goes to the message recipient while a portion is subtracted to the developers’ fund. A small part of the FABRIC is burned, making the token deflationary.
History of MetaFabric (FABRIC)
In the roadmap of MetaFabric, the platform provided unique Metaverse IDs to the traders in December 2021. In January 2022, 200 million tokens were distributed to draw fresh traders to the platform.
