Token InformationsteemCreated with Sketch.

in foins •  6 years ago 

Token Information:

Name: Financial.Org CoIN

Symbol: FOIN

Decimals: 6

Tokens Available to Users:50 million (maximum)

Tokens Reserved by FOINS: 50 Million (minimum)

Total Tokens Available after Mining Completed (Hard Cap): 100 Million

Pre-mining Period:
1st January 2018 – mid 2019 (estimated) or until all 100million FOINS are mined.

Speed of Mining:
Depends on profitable blocks of daily Artificial Intelligence(AI) Auto-Trading(AT) and completion of Programmable Smart Contract Blocks within FOINS ecosystem.

Token Price during pre-mining:
Users to decide from daily auction. (to be launched)

Token Price appreciation after Mining Completed:
A complex algorithm depends on the number of profitable AT Blocks achieved, Programmable Smart Contract Blocks completed, the number of Financial Transactions completed as well as community and global (probably/when applicable) demand and supply.

Will token be available to/in external cryptocurrency exchanges?
FOIN Community/Users to decide the amount to be made available to the public (if any) after all FOIN are mined (estimated mid 2019).

When FOINS is fully developed and operational, users-community will be able to transact, invest and trade securely all within the blockchain engine environment without any external interference or restriction.

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