FCandy issuance mechanism rules publicity

Dear community users:

As stated in Announcement on the launch of innovative [Locking as Mining] trading products FCandy , FCandy adopts the issuance mechanism of “Locking as Mining”, that is, for any valuable digital asset (with transaction price or private placement price) invested in the FCandy asset pool, issuing FCandy which value is no more than 5% of the invested assets. The discounted price is based on the average price of the FCandy market on the previous day.

The mechanism is now revised and improved. The details are as follows:

1. For all the digital assets selected for the FCI06 (See FCI06 for details:)component index, we will issue FCandy which total value does not exceed 50% of the total value of the digital assets invested in FCandy. The discounted price is based on the average price of the FCandy market on the previous day. FCandy initial issuance method is unchanged, please refer to Announcement on the initial issuance and trading pair opening of FCandy (FCoin Candy).

2. For all other digital assets not included in the FCI06 component index, we will issue FCandy which total value does not exceed 5% of the total value of the digital assets invested in FCandy. The discounted price is based on the average price of the FCandy market on the previous day.

3. All issued FCandy is not belongs to the asset invester, but belongs to the FCoin community users. Before FCoin launches the voting function, FCandy's operating mechanism will operate according to established rules and will be developed and implemented by the FCoin platform. After the voting function is launched, FCandy's operating mechanism will be decided by community users.

4. The specific rules of FCandy's distribution mechanism will be announced separately.

FCoin team

July 20, 2018