FYD

FYDcoinFYD

Rank #1468
Coin
On 10,317 watchlists

FYDcoin Price (FYD)

$0.006016
0.35%

0.0000001198 BTC0.04%

0.000001371 ETH2.83%

Low:$0.005572
High:$0.00614
24h
FYD  FYDcoin FYD
Price:
$0.006016
 0.35%
Market Cap
$3,414,221
0.33%
Fully Diluted Market Cap
$3,910,703
0.35%
Volume
24h
$44,097
37.31%
Volume / Market Cap
0.01292
Circulating Supply
567,479,445.14 FYD
87%
Max Supply
650,000,000
Total Supply
597,839,360
Sponsored

FYDcoin to USD Chart

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FYD Price Live Data

The live FYDcoin price today is $0.006016 USD with a 24-hour trading volume of $44,096.78 USD. We update our FYD to USD price in real-time. FYDcoin is down 0.35% in the last 24 hours. The current CoinMarketCap ranking is #1468, with a live market cap of $3,414,221 USD. It has a circulating supply of 567,479,445 FYD coins and a max. supply of 650,000,000 FYD coins.

If you would like to know where to buy FYDcoin, the top cryptocurrency exchanges for trading in FYDcoin stock are currently LBank, ExMarkets, Hotbit, Crex24, and Graviex. You can find others listed on our crypto exchanges page.

What Is FYD (FYD)?

FYD is an online community of freelancers and crypto enthusiasts, working together to realize a decentralized gig-economy utilizing the advantages of web dApps, blockchain and cryptocurrency. Educating newcomers about cryptocurrency, staking, mining, NFT, and Masternodes. FYD has its own live blockchain, never had a pre-sale, ICO or IEO and is funded by the community and automated treasury.

FYD coin is an opensource cryptocurrency designed for (digital) freelancers such as web designers, programmers, animators, writers and online content creators. FYD coins are digital coins (cryptocurrencies) that can be sent from person to person without a bank (How does FYD work). Fast transactions (confirmed under a minute) and low transaction fees (under $0.0001) make FYDcoin useable for P2P microtransactions necessary in the gig-economy.

In addition to transacting value, FYD can also be used to store value. There is a maximum supply (650M) and holders can stake FYDcoin with any household PC or laptop to mint cryptocurrency. FYD coins can be tracked on a decentralized ledger or blockchain explorer which is online available for everyone.

FYD coin is the native currency that is used for:

  • Medium of rapid micro-exchanges between users, third party platforms and FYD’s native applications without the need for a trusted third party such as a bank

  • Incentivizing stakers the support/security of the FYD chain

  • FYD project development through the automated treasury

  • Decentralized governance (on chain)

  • Store of value (finite supply and yearly halving)

  • Eco friendly mining alternative (Proof-of-stake algorithm)

FYD Native applications

  • FYD wallet: A simple to use desktop wallet that allows users to keep their own private keys, stake FYD coin and set up Masternodes without the need for a third party platform.

  • FYDme: An application where freelancers can connect with clients without the need for a third party such as fiverr or upwork.

  • Staking ledger: A hardware wallet that is able to host a copy of the FYD blockchain and can stake FYDcoin for users without the need for a PC/Laptop or third party service.

  • FYDswap: An application where users can swap FYD peer-to-peer for BTC and DASH without the need for a third party exchange

  • FYDwiki: An online platform for newcomers into cryptocurrency. Articles, video’s and more general information for those that would like to do their due diligence.

How Many FYD Coins Are There in Circulation?

FYD Protocol launched its mainnet on Mar 25 2019 09:37:54 with 650.000 FYD created at genesis. Currently there are 547,392,500.07 FYD, which were all minted by the community over 2.5 years. Starting at block 245,001, 10% of every blockreward is automatically redistributed to a community treasury to fund future development.

Currently 70% of the blockrewards are received by the FYD Masternodes (400K FYD collateral), 20% goes to the users that are staking FYDcoin. Currently there are 300M FYDcoin locked as collateral. The current reward for staking is 70 FYD, the current Masternode reward is 140 FYD and the current amount distributed to the community treasury is 10 FYD.

Every 526,001 blocks the blockrewards are reduced until the maximum supply has been reached. The maximum amount of FYD is hardcoded in the protocol at 650.000.000 FYDcoin. The last FYDcoin will be minted in approximately 7 years.

What Makes FYDcoin Unique?

FYD combines the strength of larger cap protocols to create a customized solution for FYD.

Bitcoin has a finite supply and a yearly halving which promotes scarcity, something FYD has as well. There will only ever be 650M FYDcoin. DASH through utilizing Masternodes to secure the network and enabling instant send and governance features. The advantage of PivX: staking for smaller users is something FYD implemented.

FYD is (like Bitcoin) not owned by a single entity, the project was initially abandoned by the developer and continued by a decentralized community. Staking FYD can be a way for newcomers to get introduced to multiple aspects of cryptocurrency (finite supply, staking/minting, masternodes, halving, wallets). There is not a single FYD coin that has not been bought, or minted. FYDcoin will reach its finite supply before Bitcoin.

Who Are the Founders of FYD Protocol?

FYD is (like Bitcoin) not owned by a single entity, the project was initially abandoned by the developer who sold the pre-mined coins and continued by a decentralized community.

FYDcoin has been trading on the exchanges from the first week. As the project progressed, the initial developer handed over the project to the community and sold remaining coins on the exchanges. This allowed the community to buy in and stake FYDcoins or set up Masternodes to generate additional FYDcoins.

With a larger group of crypto enthusiasts and freelancers each with a fair share of the coins without an ICO/ IEO, the progression of FYD benefits the community as a whole. To further development, a community treasury was implemented in the protocol at block 245,001. This was voted for by the community.

Where Can I Buy FYDcoin (FYD)?

FYD is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Binance offers the largest number of pairs as of October 2020, while Huobi Global also offers Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) options.

New to cryptocurrency?

FYD has articles and simple instruction video’s for beginners Cryptocurrency article for beginners Cryptocurrency video for beginners

Staking crypto article for beginners

Staking crypto video for beginners

Masternode article for beginners Masternode video for beginners

Crypto mining article for beginners

Crypto mining video for beginners NFT token article for beginners

NFT token video for beginners

Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

FYD to USD Converter

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FYD Price Statistics

FYDcoin Price Today
FYDcoin Price$0.006016
Price Change24h$-0.00002139
0.35%
24h Low / 24h High
$0.005572 /
$0.00614
Trading Volume24h$44,096.78
37.31%
Volume / Market Cap0.01292
Market DominanceNo Data
Market Rank#1468
FYDcoin Market Cap
Market Cap$3,414,220.54
0.33%
Fully Diluted Market Cap$3,910,702.62
0.35%
FYDcoin Price Yesterday
Yesterday's Low / High
$0.005598 /
$0.006226
Yesterday's Open / Close
$0.006056 /
$0.006081
Yesterday's Change

0.42%

Yesterday's Volume$32,342.51
FYDcoin Price History
7d Low / 7d High
$0.004284 /
$0.006887
30d Low / 30d High
$0.004284 /
$0.007641
90d Low / 90d High
$0.0009634 /
$0.01173
52 Week Low / 52 Week High
$0.0005705 /
$0.01173
All Time High
Oct 23, 2021 (2 months ago)
$0.01173
48.69%
All Time Low
Jun 29, 2020 (a year ago)
$0.0004569
1216.92%
FYDcoin ROI

393.01%

FYDcoin Supply
Circulating Supply567,479,445 FYD
Total Supply597,839,360 FYD
Max Supply650,000,000 FYD