- As the gas unit for Bahamut, FTN activates staking, block creation, validation mechanisms, and supports cross-chain transactions.
- FTN boasts a wide range of use cases. SoftConstruct partners can conduct business transactions using FTN instead of traditional fiat currencies.
- FTN’s strengths lie in the expansive SoftConstruct ecosystem, a large user base, and partnerships with over 700 entities.
Fasttoken is the official cryptocurrency of the Fastex ecosystem, developed by SoftConstruct as the native token of Bahamut. In this article, we will explore what Fasttoken is, how to purchase FTN, and more.
What is Fasttoken (FTN)?
Fasttoken (FTN) is the official cryptocurrency of the Fastex ecosystem, developed by SoftConstruct as the native token of Bahamut. With SoftConstruct’s extensive network and over one million active users, FTN exhibits strong potential for organic growth. Positioned on the Bahamut blockchain, FTN stands out as a Layer 1 solution based on the Ethereum Virtual Machine (EVM) with a novel consensus mechanism called Proof of Stake and Activity (PoSA).
Fasttoken (FTN) Tokenomics
FTN serves as the native currency of the Bahamut blockchain. As the gas unit for Bahamut, FTN activates staking, block creation, validation mechanisms, and supports cross-chain transactions. Initially introduced as an ERC-20 token, FTN has broad applications within the SoftConstruct ecosystem. A total of 1 billion FTN Tokens will be issued during a Token Generation Event (TGE) and distributed according to specified rules.
How to Buy Fasttoken (FTN)?
- Start by registering on our recommended cryptocurrency exchange platform.
- Deposit your chosen cryptocurrency (e.g., USDT) or fiat currency (like USD, GBP, or EURO).
- Locate the FTN Coin (FTN/USDT) trading pair and finalize your purchase order.
- After successful order execution, securely store your Fasttoken (FTN) in a trusted digital wallet.
Fasttoken (FTN) Use Cases
FTN boasts a wide range of use cases. SoftConstruct partners can conduct business transactions using FTN instead of traditional fiat currencies. Every user within the SoftConstruct network can utilize FTN for payments, gaming, and various services. The SoftConstruct Crypto Reward Program offers advantages to all network participants for using or holding FTN in their daily and monthly activities. FTN serves as the native currency for blockchain-based applications within the Fastex ecosystem.
Fasttoken (FTN) Pros and Cons
FTN’s strengths lie in the expansive SoftConstruct ecosystem, a large user base, and partnerships with over 700 entities. It finds application not only in business transactions but also in gaming, payments, and services. However, potential risks and challenges that could impact its future value need to be carefully considered.
Fasttoken (FTN) Price Outlook
The future price of FTN may vary depending on specific factors. The robust network of SoftConstruct and the widespread use of FTN suggest a positive value increase. However, the inherent volatility of cryptocurrencies and other market factors may influence the future price of FTN.
Fasttoken (FTN) Overview
FTN, developed by SoftConstruct, serves as the native currency on the Bahamut blockchain. Operating on the ERC-20 standard, FTN Tokens have diverse applications within the SoftConstruct ecosystem. In the Fastex ecosystem, FTN acts as the local currency for various platforms and also functions as the currency for staking and validation rewards on the Bahamut blockchain. A total of 1 billion FTN Tokens will be issued during a Token Generation Event, adhering to specific rules, and these tokens will be distributed among users within the SoftConstruct network. With access to SoftConstruct’s extensive network and over 700 partners, FTN stands out as a noteworthy project in the cryptocurrency world.
