FToken (FT), the native asset of FT Public Chain (Fractal), means “The Future of Token”.
FToken originated from FCoin Token, which originally represented equity in FCoin, a crypto trading platform. It completed the release of about 4.9 billion FT through transaction mining and “pre-release unlocking” from 24 May 2018 to 14 Aug 2018. With the launch of the fractal project, FCoin Token was upgraded to FToken on 15 October 2018 as it transitioned from “platform token” to a “public token”.
FT holders have a range of benefits including revenue distribution, voting, and community governance.
FT Public Chain aims to support the token economy by becoming the underlying economic infrastructure. FT Public Chain has been launched online.
FToken aims to lead the development of blockchain technology and business models, with a view towards becoming a key token and representative in the field.