Full Name: FCoin Token
Issue Date: 2018-05-04
Max Supply: 10 billion FT
Circulating Supply: 165 million FT (2018-06-05)
Market Cap: $28.87 million (2018-06-05)
FT is the token issued by FCoin. The entire issued FT base equates to the overall ownership of FCoin trading platform which adopts an innovative “Trans-Fee Mining” model. The total number of issued FTs is set at 10 billion and will never increase. FCoin, the platform, will instantaneously distribute the bulk of its revenue to FT holders. At the same time, FT holders have certain rights in governing the FCoin community.
FCoin is committed to create an autonomous, efficient and transparent digital assets trading platform that allows traders and investors to safely trade any size of digital assets without worrying about the impartiality and transparency of this platform, or the integrity and robustness of the order handling systems. While FCoin is not a company in the traditional sense, it takes a crucial step in evolving the digital assets trading platform into a revolutionary “community”. The FCoin community is an open and transparent token-based organization. Each FT (FCoin Token) holder has the right to participate in community activities such as partaking in the community’s revenues distribution, business decision, management team election and so on. FCoin is a “community” organization of all FT holders, by all FT holders, and for all FT holders.