AMA review 24 June, 2022
Blockchain
The
first phase of testing is going well.
More than 400 devices are already
working in our network, receiving daily rewards and
helping us in system development. There are no problems in network operations, the efficiency is very high. With testing we have found certain bugs and affected arias that are now being fixed and all issues are being solved.
On July 1, we
will
start the 2nd phase of the
testing. Its
main task is to test the network while
increasing the load and prepare
it for the
launch of the third type of tasks.
Phase 2 will run
throughout July. November 1, we mark the 3rd phase of testing. Those who continually participate in 1-2 phases and accumulated more completed tasks will
be able to earn the most.
IMPORTANT: During the 2nd
phase, integration with reputation and
BEP20 tokens balance will come into play.
If there is no tokens balance, the reward will be much less than
with a
balance. There is no need to transfer
tokens, they remain on the owner’s wallet. The more tokens there
are on the owner's wallet, the higher the accrual ratio will
be.
Now, keeping the tokens on
the balance along with participating in the
blockchain operation can
bring real benefits — participants get
additional accruals. Holding the
tokens is now profitable, because they will generate
income every day.
In addition, our Blockchain
development and launch is ahead of schedule. At this stage, we can
predict completing the
work by the end of 2022, although it
was scheduled for the spring of 2023 according to the plan.
Reputation
Reputation
will affect the amount of accruals. The main task of reputation is to identify
reliable and conscientious system members,
while keeping them
anonymous for other system participants.
Reputation is a
complex parameter. More than 50 parameters affect the reputation.
Some of them are:
- The quality of connections. If connections are not active, they
don’t affect the reputation.
- Cheating. Suspicious and high risk activity accounts may lose their reputation, and therefore
the ability to work in the system.
- People's dispatch.
-
Fenomy id integration with BEP20 wallets
- Balance of FENOMY
tokens.
The system
is ready to pay for high reputation. Everyone
is interested in this, because high reputation of participants
increases reliability of operations in the network.
Android & Web Applications
We
continue comprehensive work on other system components. We
update all algorithms and applications in
stages. We take into account the wishes of system
members and partners. Due
to the constant testing process, we are able
to identify many problems and solve them in real time.
Version
1.08 of the mobile application has already become available. Almost
all components of the system have been
updated.
The most relevant, of course, concerns algorithms. Block
generation on devices and the
algorithm for their confirmation have been significantly
improved.
We also improved separate
parts of applications, such as history, incidents, announcements,
transactions, and solved the identified
problems.
The current versions are preliminary because the
main task is to complete the development of new components. This
process is going according to the plan.
Also working on:
1) New
languages in
the application and on the website.
Next in line is Chinese, then Arabic, German, French and other.
2)
Design of the entire ecosystem. The process is slow, but moving
forward. The issues have been solved so we
will continue implementation soon.
3)
Incident Control Center. An extremely important component for our
partners.
4) System
documentation.
5) Application
development for devices
working without the support
of Google services.
Traditional
insides!
1)
ERC-20 token will be done!
Details in the first half of July. That
will be exclusive!
2) 2 powerful media events related to
Fenomy are expected in August and October. In
October there
will be the key event
in its significance for the whole of 2022. Details will be in due
time. Our new marketing strategy from today is focused exactly on
October.