Coins: 2144
Exchanges: 159
Dominance:
BTC 41.0%
ETH 17.0%
BCH 4.85%
  • Market Cap
    $833,190,043.51
  • 24 Hour Trading Vol
    $1,992,632,479.34
  • 24h Low / 24h High
    $0.24 / $0.25
  • Available Supply
    3.42 Billion / 3.42 Billion
FT
USD

FCoin Token (FT) Overview

Complete Metrics Score
40%
Total
Major Exchanges Trading Activity
98%
Liquidity
Source Code Repository Activity
0%
Developer
Social Media & Discussion Board
0%
Community
Price Chart
About

FT is the proof of rights of the FCoin trading platform itself, and it has an innovative "trading or mining" mechanism. The total amount of FT issuance is constant at 10 billion yuan and will never be issued. FCoin will allocate most of its revenue to FT's holders in a timely manner. At the same time, FT holders share the rights of the community in governance.

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.

The F Token (FT) as a circulated-encrypted certificate to various digitized rights, will become the basis of the platform’s future digital economy. The FT represents a stake in the FCoin community, it is the cornerstone of FCoin’s community governance.

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.

FT Holder’s Rights:

The F Token (FT) as a circulated-encrypted certificate to various digitized rights, will become the basis of the platform’s future digital economy. The FT represents a stake in the FCoin community, it is the cornerstone of FCoin’s community governance.

Revenue Distribution
FCoin trading platform’s revenue will be distributed to FT holders at a fixed proportion. Distribution proportion: 80% for FT holders, and 20% for FCoin development and operation.

Decision-making Rights
FCoin community uses smart contract voting to allow FT holders to participate in important operational decisions

Election and Supervision Rights
FCoin community committee members are regularly replaced, FT holders can participate in committee election, supervise platform transparency and carry out due diligence on committee members.

FCoin’s Community Reward Mechanism: “Trans-Fee Mining”

This community reward mechanism utilizes FCoin’s innovative and proprietary“Trans-Fee Mining” model, in which we will regularly reward community members in the form of FTs as a way of giving back to the members/users over time. We will reimburse all members/users’ transaction fees spent on the platform in the form of FTs by using up to 51% of the platform’s total FTs (10 billion) to do so.

Every reward “cycle” is 1 calendar day. We will calculate the number of FTs to be given back or rewarded based on the average FT price of the previous cycle.

Quick Stats
FCoin Token Price $0.24
FCoin Token Price in BTC Ƀ0.00003640
Market Cap $833,190,043.51
Trading Volume $1,992,632,479.34
24h Low / 24h High $0.24 / $0.25
Gecko Rank #221
Market Cap Rank #24
All-Time High $0.39
Since All-Time High
-38%
All-Time High Date 2018-07-06 (11 days)
24 Hours
-0.37%
7 Days
-0.40%
14 Days
30 Days
60 Days
1 Year
Links
Homepage https://www.fcoin.com/https://www.fcoin.com/https://www.fcoin.com/
Announcement https://www.fcoin.com/ft-en.pdf?v=1.2
Blockchain/Supply https://etherscan.io/token/0xd37532d304214d588aeeac4c365e8f1d72e2304a
Misc. Info
Genesis Date -
Hashing Algorithm -
Hashrate N/A
Block Time minutes
Available/Total Supply 3.42 Billion / 3.42 Billion
# Exchange Pair Price 24h Volume Volume %
1
Updated 6 minutes ago
$0.24
0.00003639 BTC
$1,563,028,021.48
6417853704.140 FT
78.43%
2
Updated 6 minutes ago
$0.24
0.243799 USDT
$385,146,930.79
1580338816.506 FT
19.33%
3
Updated 6 minutes ago
$0.24
0.00051436 ETH
$44,673,736.90
183064959.051 FT
2.24%