Mainframe (MFT) Protocol - ICO Review, Rating and Details of Mainframe ICO (Token Sale) - Rating: All In

Mainframe is an incentivized and fully decentralized communications layer that enables reliable, secure packet routing, packet delivery, packet holding, file storage and data services. Its security model not only provides encryption, but also resistance to censorship and surveillance. A detailed description of the Mainframe platform, incentivization model, token economics, and development roadmap is provided.

Returns Since ICO

  • ICO Price in USD: $0.004. ROIx in USD: 0.26x USD
  • ICO Price in BTC: 0.0000004315 BTC. ROIx in BTC: 0.33x BTC
  • ICO Price in ETH: 0.00000647 ETH. ROIx in ETH: 2.11x ETH

Problems & Solutions

Since its public debut in the mid-nineties, the Internet has enabled unprecedented innovation and creativity, connecting all manner of devices and supporting novel applications far beyond the expectations of its inventors. Nearly four billion people use it today—over half of the world’s population.

Overwhelming success also introduced new challenges. Multiple third parties mediate users’ information, and often aren’t aligned with the users’ best interests. Government surveillance and malicious agents pose additional threats. Each takes advantage of the same decades-old architecture on which the entire Internet is built. This threatens privacy rights and the well-being of anyone working with valuable information. In the corporate world alone, recent headlines show security breaches cause stock markets to plummet, deals to fall through, and company secrets to leak. There is little hope of fully securing these holes using existing methods.

New tools are emerging to solve these problems more effectively. Mainframe is an unstoppable communications platform providing unparalleled security, including:

  • Data privacy: Full end-to-end and group encryption
  • Surveillance resistance: Node relationships can be hidden
  • Censorship resistance: Hidden node relationships prevent communications jamming

Mainframe's communications infrastructure is entirely decentralized and unhosted. A token economy incentivizes network performance, including:

  • Incentivized packet routing
  • Incentivized packet storage for later retrieval Incentivized file storage
  • Incentivized data services

Mainframe provides unprecedented communications security without compromising convenience.

Features & Highlights

  • Encryption
    • Your Content Can't Be Opened
      • All communication on the Mainframe protocol will utilize the most reliable standards in end-to-end encryption. No outside party, whether government, corporate, or rogue hacker, will have access to your data.
      • Each Mainframe node has an asymmetric key pair associated with it. These keys are used to decrypt data intended for this node. When one node wishes to send data to another, it encrypts the data using the public key of the intended recipient node. This public key is obtained from a prior exchange of contact information that occurs out-of-band, such as by consulting a directory of contacts, or from a direct exchange of public keys between individuals. Packet encryption is part of Mainframe's transport protocols and cannot be circumvented.
      • For messaging, when data is being shared in a group setting, it must be encrypted in a way that prevents would-be eavesdroppers from gleaning content or identifying the group participants. Although it is possible for the sender to encrypt the message separately for each recipient, this results in significant CPU and network loads as the number of participants in the group increases. Mainframe provides protocols for group shared key negotiation so that group participants can send encrypted messages more efficiently to one another.
  • Dark Routing
    • Your Content Can't Be Followed
      • The network is built from the ground up to frustrate any attempt at tracking the path data packets take. Identifying or monitoring even the existence of communication between parties is effectively impossible.
      • Despite their use of encryption, conventional applications still allow malicious actors to glean information about who is communicating with whom. Mainframe allows users to prevent this using configurable dark routing. Applications are able to select the appropriate level of specificity when addressing data packets to other nodes. Too much specificity increases the possibility that malicious actors could identify communication, while too little delays data transmission and increases transmission costs. Mainframe algorithmically determines sensible default routing settings based on network conditions and users' privacy requirements.
      • Because data packets do not need to be fully addressed, nodes must have another means of identifying messages they are interested in viewing. For messaging applications, this is done using topic IDs. When a peer-to-peer or group discussion is initiated, a topic ID is selected at random and shared privately with all participants, who then listen for future messages with the same topic ID. Even if nodes select a topic ID that is already being used by other nodes, they will only be able to decrypt messages from group members who have the previously agreed-upon shared key and will ignore other messages in the topic, so topic IDs help nodes reduce processing overload for irrelevant messages but gracefully handle collisions.
  • Incentivization
    • The Network Can't Die
      • With token incentivization, Mainframe can adapt as a vibrant, active, living network. The token economy incentivizes each node to provide bandwidth for packet relay and storage, data services, file storage. and more. Each node's creditworthiness is constantly tracked.
      • Mainframe communications make use of a generalized model for incentivized service provision called "Swap, Swear, and Swindle." This model is used to incentivize packet routing, packet holding, file storage, and database storage, and other application services, while optimizing for bandwidth requirements and associated cost.
  • Peer-to-Peer Architecture
    • The Network Can't Be Shut Down
      • All data services that your Mainframe applications rely on are distributed in redundant fragments throughout the network. This eliminates the need to rely on or manage your own infrastructure, and makes it extremely difficult for would-be censors to deny access.
      • Decentralized data services will allow application data to be stored in a secure distributed fashion throughout the blockchain network without reliance on any infrastructure, including self-deployed cloud services for data storage. Blockchain nodes will be able to request that data be stored on their behalf while they are disconnected, for a fee. Nodes can also incentivize the storage of data or files, the processing of asynchronous tasks, the routing of messages, or the management of payments, all with Mainframe tokens.
  • Interoperability
    • The Network Works Everywhere
      • The Mainframe protocol will be available to any app, network, or blockchain that requires truly private communication services. SDKs and other tools for interoperability will be deployed based on community needs. Our tools for secure messaging will reach across blockchains with smart contract support, including Ethereum, RSK, and Tezos.

Token Allocation

"Public Sale (Crowd Gift)","Private Sale","Team","Ecosystem" {"name": "Public Sale (Crowd Gift)","value": 5},{"name": "Private Sale","value": 45},{"name": "Team","value": 25},{"name": "Ecosystem","value": 25}

Token Utility & Use Cases

Mainframe tokens have various uses within the Mainframe ecosystem:

  • They incentivize the timely and efficient relay of packets between peers;
  • They incentivize the delivery of packets from sender to receiver;
  • They incentivize reliable decentralized file storage;
  • They incentivize reliable decentralized data services;
  • They can be used as a medium of exchange for marketplaces on the Mainframe platform where digital goods and services can be bought and sold.

The Mainframe platform supports a wide variety of products and services. The first application built on the platform is a messaging application that takes full advantage of the provided decentralized protocols. An alpha version of this application, called Onyx.

  • Onyx messaging app
    • Onyx, a messaging app built on the Mainframe platform, provides a first-class user experience on all major mobile and desktop platforms, including Windows, MacOS, Linux, iOS and Android. It is the product of years of experience creating tools for real-time corporate messaging. The app is optimized to make minimal use of system resources. It provides both peer-to-peer and group chat, tracking the context that your messages take place in and allowing you to quickly navigate between all your conversations.
  • Additional use cases
    • There are undoubtedly numerous unanticipated ways that the Mainframe platform can be used, but here are some areas of innovation that we believe it is well-suited for:
      • Enterprise
        • The General Data Protection Regulation (GDPR) passed by the EU in 2016 requires enterprise IT practices to comply with strict privacy measures. Granting IT Admins a platform focused on user sovereignty, corporations can design streamlined systems without the risk of leaking information in transit. Liability is reduced when sensitive data is isolated within a secure system.
          In a similar fashion, Healthcare IT professionals in the US could use this platform to build solutions that are compliant with the Health Insurance Portability and Accountability Act (HIPAA). Professionals in finance and academia need to control their own data for similar reasons.
      • Consumer products
        • Much attention has been paid to the Internet of Things, and almost as much to the security threat these devices pose. Hardware with sensors and inputs (but fewer direct user interactions) can become a prime target for hacking. The Mirai botnet knocked out Internet access for much of the US East Coast in October 2016.4 2 Mainframe’s addressing and routing mechanisms, as well as its integration with decentralized identity and reputation layers, can significantly reduce the attack vector for connected devices.
      • Government
        • Perhaps counterintuitively, these same tools may be just as useful to governments. Sensitive information is an essential part of government operation, and passing data within and between agencies is crucial. Agencies could use the Mainframe network to reduce the risk of information theft and leakage, as well as malware infections.
      • Social networking and fintech
        • The Mainframe platform could be leveraged for community building, creating decentralized systems like Twitter or Reddit. Payment systems are proliferating rapidly, but most real-world consumer applications are still highly centralized and thus subject to surveillance and interference. The Mainframe platform could power a variety of decentralized, consumer-facing finance applications, such as WeChat or Venmo, but independent of any individual host or provider.

Team Members

  • Mick Hagen, CEO/Founder, A Princeton CS dropout, Mick started Zinch which was later acquired by Chegg (NYSE: CHGG). Mick helped Zinch grow to an international, 8-figure revenue-run-rate startup that served millions of students and 800+ colleges & universities worldwide. Active angel investor/mentor in startup community. Github, Linkedin.

  • Brad Hagen, Business development & dales, Experienced entrepreneur growing early stage companies. Focused in sales, biz dev, and biz strategy. Brad loves the hustle and puts deals together. Cofounder of Zinch (acquired), built/managed sales team (0 to $10m revenue run rate); VP Lendio (partnerships with top 100 banks); Cofounder of Studio/Brandr (acquired), owned biz dev/ revenue. Linkedin.

  • Sarah Wiley, VP of engineering, Full-stack engineer for 20+ years, building everything from legacy desktop software to highly responsive web apps. Sarah is a problem solver, a leader, and loves the big picture strategy stuff as well as the heads down coding sprints. She's a blockchain newbie, community organizer, and dreams of one day having some spare time to travel, hike, and do yoga. BS in CS from BYU. Github, Linkedin.

  • Neil Bly, VP of product, From innovating in personalized learning to designing APIs for engineers, Neil has led product development in the educational, financial, and social spaces. He has an MS in Instructional Psychology and Technology and spends fleeting moments of spare time on travel, music, and film. With a firm belief that tradition impedes evolution, Neil feels right at home in the blockchain revolution. Linkedin.

  • Clement Jaquier, Head of design, Passionate designer with a Masters of Arts from UAL, Clement has worked for prestigious design agencies in London, Paris and Switzerland. He has also be involved in several tech startups and founded / sold its creative studio. Linkedin.

  • Shane Howley, Principal software engineer, Polyglot problem solver that loves a scaling challenge; engineering degree and CS Ph.D. in concurrent algorithms from Trinity College Dublin. Shane has put blood, sweat and tears into a few startups over the last 10 years and is currently leading platform development for Mainframe. Github, Linkedin.

  • Paul Le Cam, Principal software engineer, Paul leads our front-end development and was the architect behind unifying our client-codebase to be 95% shared; previously engineer at Hailo; many great open source projects like react-leaflet. Github.

  • Shane Hansen, Video / media director, Shane Hansen is a suspected X-men with super mutant powers in creativity and filming. With over 15 years of experience, and literally thousands of videos created, if you ask; "Can Shane create this?" The answer is always "YES." When he's not filming he might be in a golf cart with his wife and four kids trying to get in a quick 9. And like most mutants he has a weakness - Oreo milkshakes. Linkedin.

  • Miloš Mošić, Senior software engineer, Previously a CTO at Evercam, Miloš has been active in the open source communities and has spoken at ElixirConf and various other industry events. He loves new challenges, especially around improving performance and building highly fault-tolerant, reliable back-end services. Github.

  • Adam Clarke, Senior software engineer, Adam started out as an iOS engineer for Mainframe but quickly ramped up on other client-side technologies; worked at various startups before and has a keen eye for great product design and UX. Github.

  • Camron Levanger, Senior software engineer, A professional musician, competitive marksman, and avid outdoorsman. Camron brings over 10 years of engineering experience to the team. Well versed in communications and telephony, Camron was focused for many years on high-volume systems performance, building systems capable of handling billions of transactions per day in real-time. Eventually moving into systems architectures and managing devops teams at various start up ventures, Camron brings unique real-world experience to the decentralized space. Github, Linkedin.

  • Diogo Perillo, Senior software engineer, Diogo was previously CTO of a company he helped start; has also had bigger company experience with Fanatics; a remote developer based in Brazil where Mick became good friends with him 10+ years ago. Github.

  • Doug Leonard, Senior software engineer, CryptoKitty breeder, blockchain enthusiast, entrepreneur and engineer. Five year engineer, formerly spent as a mobile engineer and distributed systems architect. With his wife, runs a podcast focuses on married entrepreneurs. Has a Masters of Information Systems from Brigham Young University. Github, Linkedin.

  • Jordan Croxton, Designer, a junior designer interested in web design and branding. Jordan has experience in UI UX design and marketing design in the software and media spaces. She loves plants, yoga, dogs, and traveling. Graduated from BYU with a BA in Graphic Design. Linkedin.

  • Korey Fazendin, Media specialist, Korey was born at a very young age. He specializes in filming, editing, marketing and drawing (many think he was born holding a pencil). His abilities range from social media campaigns to full size murals. He has a creative mindset and the ability to execute. With a background in project management there’s no task thrown his way that he can not accomplish. His friends call him Korey, but his mom calls him son. Linkedin.

  • Megan Jezewski, Software engineer, Megan is a graduate from McGill University, with a Bachelors of Arts and Science in Computer Science and Linguistics. In school she had experience as a Research Assistant for a McGill lab, running an art magazine, and building websites for clubs. Her history with art yields a long standing passion for good design. Github, Linkedin.

  • Rafaella Baraldo, Brazil country manager, From the back office to the trading desk of Barclays and Itaú BBA, Rafaella left the financial market in search of a rapidly changing and challenging environment, and she found it in blockchain. Based in São Paulo with a go-getter mindset, she is working hard to build a strong and fast moving culture in our first office in Brazil. Linkedin.

  • Cahlan Sharp, Advisor, Passionate technologist, entrepreneur, investor, former engineer. Spent a decade building full-stack applications at various startups and enterprises. Founder and CEO of one of the largest and most successful coding academies in the US, at its height an 8-figure company, acquired in 2016. Obsessive problem solver. Linkedin.

  • Carl Youngblood, Advisor, Carl has been a full stack engineer for over twenty years, specializing in highly scalable web applications. He got involved in blockchain tech in 2010, delved early into Bitcoin, and contributed to the Ethereum presale. He has a Masters in CS from the University of Washington. Carl is a Partner Solutions Architect for Amazon Web Services specializing in Blockchain technologies. Linkedin.

  • Matt Larson, Advisor, as a BD Executive, Matt has built global developer ecosystems for multiple startups, most recently at Xamarin (1 million+ devs, acquired by Microsoft). Since 2016, Matt’s been active in crypto/blockchain tech. He was part of the MS Blockchain Team, and he’s been investing in and advising startups in the space. Linkedin.

Social Media Links

Twitter Updates