Constant value digital currency
FT is not a coin. Ft (fcoin token) is a token issued by fcoin trading platform, which is the representative of all rights and interests of the trading platform. The issuance of FT is based on the principle of "transaction is mining" (see the mining principle) and graally released (see the description of circulation), with the upper limit of 10 billion and never increasing
as the representative of platform equity, the platform will distribute 80% of the income to FT holders (check the details of income distribution). At the same time, FT holders have the right to participate in major decision-making and community management
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extended data:
value of fun coin global common points (FT currency):
1. Transaction mining reward: from 0:00 (UTC + 9) every day, 110% of the transaction fees generated by users will be converted into ft for accumulation, and the conversion price will be calculated according to the average price of FT in that hour (the average price calculation method is total transaction amount / total volume)
2. Bonus reward: 50% of the platform's handling fee income will be distributed to FT holding members as dividends
3. Buy back plan: 20% of the platform's handling charge goes into the buy back fund. When the price of FT fluctuates greatly; All users can enter a public address without private key, and this address can only enter but not exit. All users can effectively supervise through the block browser. The repo program continues until 50% (1.5 billion) ft of the total repo amount
4. Asset injection plan: 20% of the service charge of funcoin platform will be injected into ft assets. The purpose of the fund includes, but is not limited to, dividends for FT users again at a specific time, airdrop rewards, setting up special user reward mechanism, etc
We know that wealth comes from the continuous flow of capital, only the flow of capital can proce wealth. Market and demand are important factors for capital circulation. digital currency provides such a market platform for capital flow
because one of the attributes of digital currency is that the total amount is constant and there is no additional issue, which leads to a unilateral upward market trend
on unilateral rise:
many people are more and more aware that digital assets are a trend. More and more investors from business, political and social circles will buy some digital assets more or less now, but the supply of digital assets is limited, and the amount of funds involved is unlimited, That is to say, there are always more buyers than sellers, which leads to the phenomenon that scarcity is more expensive
A large number of facts have proved that digital assets are the best way of capital flow, because it can make capital flow continuously, so as to appreciate and generate wealth1. Open stope mining method, empty area without treatment
2. Caving method, using caving surrounding rock to control ground pressure
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McCaleb is the founder of Mt. GOx, a closed trading platform in Japan, and he is also one of the co founders of REBO lab, a digital currency payment network
according to the Wall Street Journal, this new platform is a decentralized gateway for the transmission between digital currency and legal tender. Like reborn and bitcoin, stellar will also have its own digital currency, stellar.
rumors about the project started to flow out as early as February, when a mysterious website (secretbitcoin project. Com) was launched to recruit programmers, alpha testers and designers
in a statement, joysky, executive director of the Star Development Foundation, said that the star will serve as a bridge between legal currency and digital currency, which is the key to the adoption of digital currency by mainstream users
Jin added:
"it's probably the best way to make both of them beautiful."<
details of the star
according to the Wall Street Journal, the star will serve as a gateway between legal currency and digital currency, but we still can't know whether the infrastructure of the project is in place
it is worth noting that the platform's digital currency, star coin, will be provided to users in the form of free distribution, and its online supply is 100 billion, of which 95% of star coin is used for free distribution
star is a diversified team. The board members include Keith rabois, former COO of square, Patrick collison, CEO of stripe, and Jackson Palmer, co-founder of dogcoin, and naval Ravikant, co-founder of angellist, will be the consultants of the project
grudge with reborn
when McCaleb first joined the company, reborn laboratories reserved 20 billion reborn coins for the company's founders, of which 9 billion were allocated to McCaleb
in May this year, McCaleb announced that he intended to sell his XRP, which caused panic in the community and caused the currency to depreciate by nearly 40% in the short term. Although he said that he would sell the rupees, it is strange that he has not cashed them so far.