INTRODUCTION:
Decentralized crypto currencies have been around since the launch of Bitcoin in 2009, the first widely-adopted decentralized cryptocurrency. The cryptocurrency market has grown to previously unimagined heights. The growth has been rapid and widespread, with a slew of new digital currencies, related startups, and exchanges entering the field each week. There are numerous reasons of the said demand in cryptocurrency. First, there is millions of internationally who lack easy access to standard bank services as a result of infrastructure issues. Beyond that, cross-border payments are typically charged heavily, and a digital currency could help to alleviate transaction fees from a centralized exchanger. Furthermore, blockchain transactions are easily traceable, allowing immediate feedback and checks and balances that can be utilized across all types of transactions (Investopedia, 2017). FILIP is committed to the development of a reliable transaction system under the blockchain technology of Ethereum. It utilizes a value of system protocol to achieve the transferring of payment on peer to peer basis, and to build a decentralized platform supporting the service economy applications that is highly flexible in terms of adaptation, convenience, reliability, security and allows the development of partnerships. Innovative technology, comprehensive governance structure, and board applications leverages FILIP over existing cryptocurrencies.
MISSION:
FILIP’s mission is to create social capital platform for service economy applications integrating blockchain technology to exploit and strengthen decentralized transaction procedure system to serve and address the interests of all of its participants locally and globally. Our ambition is to develop and innovate our own blockchain technology which focuses on the decentralized finance, a system of service economy application that will provide practical solutions for our users, investors, and developer partners. This advance is the first ever system that offers a balance between autonomy, cost efficiency, and risk. This will allow Partner Developers to focus on the development of relevant applications addressing the customers’ goals. A customer-centric approach driven by customer needs and preferences, but will however, maintain the decentralized approach with respect to the payment protocol system to maintain reliability, speed, lower transaction fee, mobility and enhanced security.
ETHEREUM/FILIPCOIN ECOSYSTEM:
FILIPCOIN objective is to provide services that are customer-driven and customer centric, as such, to enhanced aid the apprehension of our goal, we will establish an ecosystem relatively independent of governments, politics control, fiat economies, as well as free from pure centralization. Its value is very dependent on the social impact produced by future projects quantifying the importance of blockchain community needs involving socioeconomic growth. It is designed to implement financial related status to implement the latest security features and advanced development on application projects while also adapting ethical practices in business services. ETH/FCP will demonstrate innovative approach on the technical development and management that is both profitable and sustainable. Other advantages of our ecosystem are:
Flexible – independent approach that is customer-driven, providing freedom over transactions Collaborative -- This can either be in the form of expert advisory services, finding partners, or even assistance with securing additional external funding, such as with venture capitalists;
Supportive -- Blockchain community will have a fair distribution of coin supply bonus on every single participative development. Auditable financial transactions for all projects provide the foundation for a collaborative community capable of making important economic decisions;
Exclusive – Members, based on their contributions, can automatically gain benefits during ICO offerings;
Prospective -- Community members will enjoy benefits such as access to the community portal which consists of a wide range of modules to collaborate, vote, and view the status of their accounts and projects;
Safety -- Our integrity-based projects are the foundation for the sustainability and profitability of the ecosystem.
FILIPCOIN BLOCKCHAIN:
Having established the initial major projects to fuel FILIPCOIN, development of its own FILIPCOIN BLOCKCHAIN, becomes the next big project. The goal is to develop and innovate brand-new monetary system being built on public blockchains, a decentralized exchange application that will provide practical solutions for our users, investors, and developer partners. Decentralized finance (known as DeFi, for short) has the potential to transform the lives of the world’s unbanked — and make life more affordable for everyone else. This approach offers a balance between autonomy, cost efficiency, and risk. This will allow Partner Developers to integrate on the development of maintaining the decentralized approach with respect to the payment protocol system to maintain reliability, speed, lower transaction fee, mobility and enhanced security.
TOKEN CROWDSALE:
The FCP Token will be used to power the FILIPCOIN service economy app projects and will work as a means to reward or get rewarded for participation in the peer to peer payments. With the maximum supply of 168 Million FILIPCOINS, of the total generated tokens, 83,868,000 Million will be allotted for the ICO which will run for 2 months. It should be noted that the minimum FCP requirement is 100 FILIPCOINS.
CONCLUSION:
FILIPCOIN is creating a blockchain ecosystem for mobile application services in the service economy sector.Unlike other projects in the cryptocurrency world, FILIPCOIN holders already gains automatic access to a developed and fully-functional application for small businesses and entrepreneurs, with additional uses and benefits in the pipeline.
However, as we will detail in this Whitepaper, we intend to introduce additional functionalities and progressively integrate the application into the Ethereum blockchain.
FOR Further CLEARIFICATION VISIT:
Website: https://filipcoin.com/
Twitter: https://twitter.com/filipcoin
Facebook: https://www.facebook.com/filipcoinfilip/
Telegram: https://t.me/filipcoinfilip
Whitepaper: https://filipcoin.com/static/media/whitepaper.b53415d7.pdf
Authorized by
Unclelucky
Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1754163
My BSC Wallet Address: 0x23f6B9a855D9aA9d0cfEAd65D6F90935cb1985c1