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AMA review June 24 2022

Last updated on Jun 27, 2022 11:24
Posted By Fenomy

Blockchain

The first phase of the testing is going well. More than 400 constant devices are already working in our network, receiving daily rewards and helping us in developing the system. There are no problems in the network operation, the efficiency is very high. We also found some defects, bur we are solving them in the working order.

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. On August 1, we will start the 3rd phase of the testing. Those who conscientiously participated 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 take effect.

If there is no balance in tokens, there will be a reward, but 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

Now reputation will also affect the amount of accruals to participants in the Blockchain network. The main task of reputation is to identify reliable and conscientious system members, while keeping them anonymous in front of other network participants.

Reputation is a complex parameter. Now more than 50 conditions affect the reputation.


Some of them are:

- The quality of connections. If connections are not active, they don’t affect the reputation.
- Cheating is taken into account. Malicious violators may lose their reputation, and therefore the ability to work in the system.
- People's dispatcher.
- Fenomy id integration with BEP20 wallets
- balance of FENOMY tokens.
Etc...

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 development of other system components. We update all algorithms and applications in stages. In the process, 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 lately, 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.

Thank you for your support!

We are always happy to help you!

Fenomy Team


https://fenomy.com


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Weibo: https://weibo.com/fenomy

Medium: https://medium.com/fenomy

Discord: https://discord.gg/kAY9AkEDZP


Fenomy Team reserves the right, at its discretion, to change, modify, or remove portions of the announcements at any time by posting the amended version on the website.

** The time is base on UTC timezone