Company Profile
Frontier (FRONT) has been launched on HIBT on May 13. Frontier (FRONT) is a wallet application that integrates cryptocurrency, DeFi and NFT, providing users with the ability to send, store and invest in more than 4,000 crypto assets. Users can earn passive income in cryptocurrencies by staking or offering assets in DeFi applications and explore Web 3.0 in a single platform. FRONT is currently open for trading on HIBT.Token information
Circulation market value: $115,766,634.435 (ranked 327th)
Fully diluted market cap: $129,605,491
Circulation volume: 87,456,250 FRONT
Total supply: 90,000,000 FRONT
Total funding raised: $1.85 million
Key events: On August 26, 2020, Frontier completed a $1.85 million seed round of financing.Market background
Traditional finance is still a mysterious and unfamiliar field in the eyes of many people, especially after the financial crisis, when central banks and physical currencies have an increasing influence on the public. However, there are still more than one billion people around the world who do not have bank accounts, and some of them are unwilling to accept banking services because of a lack of trust in centralized institutions. The emergence of DeFi, cryptocurrencies and blockchain solves this problem and allows everyone to become their own bank.Product Highlights
Versatility: Frontier Wallet supports the storage and investment of multiple crypto assets, allowing users to conveniently manage their crypto portfolio.
DeFi Exploration: Users can participate in DeFi applications in Frontier Wallet and earn passive income in cryptocurrencies by staking or offering assets.
NFT Support: Frontier Wallet also supports NFTs, allowing users to explore and invest in digital art and collectibles.Token Economy
Frontier launched its native token FRONT to incentivize users to participate in its ecosystem and provide security protection and governance for Frontier Chain. The specific uses of FRONT tokens include staking, free transactions, incentives, liquidity mining rewards, governance, NFT transaction payments, etc.Core Team
Ravindra Kumar (CEO): Formerly the CTO of InstaDApp and Woodstock, he has extensive experience in smart contract development and Android development.
Vetrichelvan Jeyapalpandy (CTO): 13 years of experience in software development, focusing on blockchain and DeFi development.
Palash Jain (CMO): Responsible for Frontier’s marketing, community and public relations, and has marketing experience in the blockchain field.Future prospects
As a multi-functional wallet integrating DeFi, cryptocurrency and NFT, Frontier will continue to expand its ecosystem and attract more users to participate. As blockchain technology develops and users become more aware of cryptocurrencies, Frontier is expected to become one of the leaders in the field.
Summarize
The launch of Frontier Wallet provides users with a convenient and secure platform where they can manage their crypto assets and participate in the DeFi and NFT markets. With the continuous efforts of the team and the continued development of the ecosystem, Frontier is expected to become an important player in the cryptocurrency field and bring more innovation and value to users.