About Falcon Project
Falcon Project is an entire ecosystem which includes two completely interchangeable blockchains + Unique integration of return vouchers based on ERC-1155 assets. The first chain is an erc-20 token located on the Ethereum blockchain, convenient and familiar to use by all of us, whether you are a user or a developer, and the second chain is the Falcon blockchain, which allows optional anonymous transactions. By linking the two together, Falcon Project offers its users the right to choose what suits them best at the moment: speed and convenience or anonymity and privacy. This approach works on the principle of free exchange of a token for a coin in a 1: 1 ratio through a constantly available swap form on our official website FalconOfficial.com. For its holders, Falcon Project implemented a unique mining system with a yield of 40% per annum, which was implemented through deposit vouchers based on ERC-1155 assets. You can exchange your tokens for a real document on the blockchain, which guarantees you a safe possession of your deposit. No need to spend electricity or production capacity, you get your rewards through Proof of Hold.
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Market Stats
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Additional details
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xDc5864eDe28BD4405aa04d93E05A0531797D9D59 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000875 | NaN% |
1 Day | $0.00000874 | 0.00% |
1 Week | $0.00000941 | 0.00% |
1 Month | $0.00000988 | 0.00% |
1 Year | $0.00000653 | 0.00% |
Coinbase insights
Recent trends
The latest FNT price is $0.00000875.
FAQ
The Falcon project describes itself as an ecosystem that works on two blockchains simultaneously. The project simultaneously works between two coins and helps those users who prefer privacy. The project has combined the simplicity, speed, and convenience of Ethereum-based tokens with the privacy of anonymous blockchain. In simple words, the Falcon project is a decentralized finance (DeFi) project which aims to create a unique reward system and create an anonymous blockchain, a payment system, and integrate native tokens into everyday life.
According to the project’s papers, the common problem that modern blockchains are going through is the global trend of regulation of private coins, the introduction of identity verification and KYC, and the delisting of anonymous coins from exchanges, etc. The Falcon project provides a solution by introducing two kinds of coins and vouchers altogether. The project introduced an ERC20 based token FNT, which is the native cryptocurrency of the project. Secondly, it introduced the ERC1155 token, known as vouchers. The whitepaper claims that the holding of such vouchers intends to provide a guaranteed profit to the holders. Another element of the project is the FNC coin, which is the private coin of the project and helps in performing anonymous transactions. Users have to trade FNT coin from any exchange and swap it on a ratio of 1:1 by FNC coin, and users can then use such FNC coins for anonymous and private transactions.
Further, the FNT token is created based on smart contracts of Binance native token BNB. FNT tokens can be used for anonymous payments by swapping them with FNC or vouchers. A user can deposit one million tokens and exchange them for a voucher, and hold it for profit. Such profit is made by the proof of hold consensus mechanism introduced by the project. Proof of hold does not require computational power but just a smartphone to incentivize. Moreover, the FNT token is also used for farming which is a process of making a profit via DeFi.
The Falcon project was launched on February 2, 2020. The token’s maximum supply is 100,000,000,000 FNT. The team behind the project includes Dmitriy Sidorov (CEO), Ivan Bereza (CTO), Alexander Pavlov (CCO), and Alexander Hudyma (CIO).
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Falcon Project news
Social stats
Popularity in posts
#2759
Contributors
25
Posts
28
% About Falcon Project
0.004%
Hold times
0 days
X (Twitter)
63.37% bullish
Sentiment
5.0 ★
Highlights
25 unique individuals are talking about Falcon Project and it is ranked #2,759 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Falcon Project has an average sentiment score of 100 out of 5. Finally, Falcon Project is becoming less newsworthy, with 0 news articles published about Falcon Project.
On Twitter, people are mostly bullish about Falcon Project. There were 63.37% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Falcon Project. 36.63% of tweets were neutral about Falcon Project. These sentiments are based on 25 tweets.
On Reddit, Falcon Project was mentioned in 2 Reddit posts and there were 5 comments about Falcon Project. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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