Fasttoken (FTN) Price

What is Fasttoken (FTN)?

Fasttoken (FTN) is a versatile cryptocurrency operating on its unique Fastex Chain. The chain uses an innovative Proof-of-Staked-Activity (POSA) consensus mechanism aimed at fair distribution of block validation rewards. With a multifunctional public blockchain and various services like Fastex Exchange, Fastex Payments, ftNFT Marketplace, and FastexVerse, Fasttoken aims to be a comprehensive solution in the crypto space.

Technical Architecture

Fastex Chain is EVM-compatible and aims to scale up to meet the high demands of a web 3.0 world. The blockchain operates on a unique POSA mechanism, which is designed to provide a more equitable reward distribution among network validators.

Tokenomics

FTN is the native token and is used across all platforms under the Fasttoken umbrella. With a total and max supply of 1 billion FTN tokens, the ongoing token sale aims to raise €71 million to reinvest in the ecosystem. FTN is not just a speculative asset; it plays a utility role in staking, payments, and NFT transactions.

Unique Features

- Fastex Payments allows seamless cryptocurrency-to-cash conversions via ATMs.

- The ftNFT marketplace offers a platform for NFT trading with proof of ownership and authenticity.

- FastexVerse, a dedicated metaverse platform, offers a seamless digital experience across the Fasttoken ecosystem.

Revenue Streams

- Fastex Exchange generates revenue through trading fees.

- ftNFT Marketplace earns fees from NFT transactions.

- Fastex Chain enables staking rewards for token holders.