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Fasttoken (FTN)

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ICO

Fasttoken (FTN) is an ERC-20 Ethereum-based cryptocurrency and the utility token for the Fastex ecosystem.

Fasttoken White Paper Whitepaper

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NA
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User Rating
Medium
3/5 1 votes
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Ticker
FTN
Type
Utility-token
Token standard
ERC-20
Founded Armenia
Registration country Virgin Islands (British)
Registration year 2017
Office address Rodus Building, P.O. Box 3093, Road Town, Tortola, VG1110, British Virgin Islands

What is Fasttoken

Fasttoken is the native currency of the Fastex end-to-end blockchain ecosystem, which incorporates multiple solutions including the FTN token, Fastex cryptocurrency exchange platform, Fastex Chain public EVM-based blockchain solution, Fastex Pay cryptocurrency payment ecosystem, ftNFT marketplace, and various decentralized applications for our partners.

A unique feature of the ecosystem is the unified wallet/account for every user. The unified account allows us to register every user, and carry out the corresponding KYC/AML policies as required, after which users will be able to access all our products and services with ease. This helps eliminate the need for multiple registrations and KYC/AML procedures for each product while also enhancing the security of all services.

Fasttoken Roadmap

1
2017 Q4
  • The beginning of market Analysis and research
2
2018 Q1
  • The first presentation of blockchain-based games ICE London
  • The core team's full assembly
3
2018 Q2
  • The first implementation of blockchain-based games with State Channels
  • Creation of Fast Channel protocol
4
2018 Q3
  • Multiple games using the v1 version of Fast Channels
5
2019 Q1
  • Smart Contract codes for blockchain-based games publicized on GitHub
6
2019 Q3
  • Partner contracts and KYC implementation for blockchain-based games
7
2020 Q1
  • Fast Channel v2
8
2020 Q2
  • Optimization for state channels updates from Ethereum
9
2020 Q3
  • Fast Channel technology optimizations
  • EVM-based blockchain research
  • Research and development of cryptocurrency exchanges and related features
10
2020 Q4
  • Research and development of decentralized NFT marketplaces and related features
  • NFT minting on various EVM-based blockchains
11
2021 Q1
  • EVM-based blockchain consensus mechanism research and development
12
2021 Q2
  • Blockchain-based platform and games development
  • Fast Channel v3
13
2021 Q3
  • Smart NFT generator
14
2021 Q4
  • FTN token distribution and tokenomics update
  • SCRP program drafting and development
15
2022 Q1
  • NFT marketplace development, setup, and operations
  • Fastex Cryptocurrency exchange setup and operation discussions and development
16
2022 Q2
  • FTN whitelisting for SoftConstruct Employees
  • Fasttoken NFT collection launch on Polygon network
17
2022 Q3
  • Fastex setup finalization
  • Fastex launch
  • FTN private sale
  • Fastex payments ecosystem development
  • Blockchain-based games platform launch with v3 Fast Channels
  • FTN Mainnet distribution
  • Fastex Chain development
  • ftNFT marketplace launch
  • ftNFT physical shop opening
18
2022 Q4
  • Fastex payments ecosystem launch
  • Fastex Chain test network launch
19
2023 Q1
  • FTN public sale
  • Fastex Chain launch
  • Blockchain-based feed provider oracle research and development
  • Decentralized sports platform research and development
20
2023 Q3
  • Blockchain-based feed provider oracle launch on Fastex Chain
21
2024 Q1
  • Decentralized sports platform launch on Fastex Chain

Token Sale Dates

ICO

Start date: Sep 22, 2022
End date: Jan 18, 2023

Token Allocation

Total Token Supply 1,000,000,000 FTN
Total Tokens for Sale 300,000,000 FTN

Funding Details

Hard Cap 71,000,000 USD
Funds Raised (as of now) 25,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
United States of America, the People's Republic of China, Federal Republic of Germany, Afghanistan, Belarus, British Virgin Islands, Central African Republic, Congo, Democratic Republic of the Congo, Republic of the Cote D’Ivoire, Crimea region of Ukraine, Cuba, El Salvador, Eswatini, Gambia, Iran, Iraq, Liberia, Libya, Malawi, Mali, Moldova, Myanmar, Niger, North Korea, Palestinian Territory, South Sudan, Sudan, Syria, Venezuela, Yemen, Zambia, Zimbabwe

Token distribution


Founders - 20%
Advisors - 3%
Partners - 6%
Ecosystem - 24%
Blockchain - 12%
Marketing and PR - 5%
Presale - 6%
Private Sale Phase 1 - 8%
Private Sale Phase 2 - 10%
Public Sale - 6%

Token Price and Payment Options

Token price EUR 1 FTN = 0.25 EUR

Project team

Armen Chakhoyan
Armen Chakhoyan
Head of Project
Armen Chakhoyan linkedin-team
Vladimir Ighitkanyan
Vladimir Ighitkanyan
Development Team Lead
Vladimir Ighitkanyan linkedin-team
Stepan Harutyunyan
Stepan Harutyunyan
Product Manager
Stepan Harutyunyan linkedin-team
Karen Terjanyan
Karen Terjanyan
Architecture Owner
Karen Terjanyan linkedin-team
Anait Ambartsumyan
Anait Ambartsumyan
Business Development and PR manager
Anait Ambartsumyan linkedin-team
Norayr Hakobyan
Norayr Hakobyan
Senior Software Engineer Node.js
Norayr Hakobyan linkedin-team
Pavel Aramyan
Pavel Aramyan
Blockchain Program Lead
Pavel Aramyan linkedin-team
Diana Partizpanyan
Diana Partizpanyan
Product Manager
Diana Partizpanyan linkedin-team
Mushegh Galstyan
Mushegh Galstyan
Product Manager
Mushegh Galstyan linkedin-team
Hripsime Gevorgyan
Hripsime Gevorgyan
Software Engineer
Hripsime Gevorgyan linkedin-team
Eduard Badalyan
Eduard Badalyan
Software Engineer
Eduard Badalyan linkedin-team
Aram Isaghulyan
Aram Isaghulyan
Software Engineer
Aram Isaghulyan linkedin-team
Ashot Hovhannisyan
Ashot Hovhannisyan
Frontend Engineer
Ashot Hovhannisyan linkedin-team
Karen Grigoryan
Karen Grigoryan
Software Engineer
Karen Grigoryan linkedin-team
Alen Ghazaryan
Alen Ghazaryan
Software Engineer
Alen Ghazaryan linkedin-team
Artur Mangasaryan
Artur Mangasaryan
Software Engineer
Dmitry Sidorov
Dmitry Sidorov
Software Engineer
Dmitry Sidorov linkedin-team
Aram Soghomonyan
Aram Soghomonyan
Software Engineer
Aram Soghomonyan linkedin-team
Hayk Martirosyan
Hayk Martirosyan
Software Engineer
Hayk Martirosyan linkedin-team
Petros Petoyan
Petros Petoyan
Head of B2B Business Development

Advisors

Henri Arslanian
Henri Arslanian
Henri Arslanian linkedin-team
Alex Baghdjian
Alex Baghdjian
Alex Baghdjian linkedin-team
Aram Jivanyan
Aram Jivanyan
Aram Jivanyan linkedin-team
Vakhtang Abrahamyan
Vakhtang Abrahamyan
Vakhtang Abrahamyan linkedin-team

Social media

MVP

Industries

3 Responses

  • Feras February 20, 2023 at 2:10 pm

    $FTN has a big potential. A strong company behind this project. Good luck to all investors.

    Reply
  • salam February 22, 2023 at 4:43 pm

    One of the main reason for the strength of FTN is his Unique consensus mechanism: The Fastex Chain’s use of Proof-of-Stake-and-Activity (POSA) as a consensus mechanism is unique in the blockchain space and could make it more efficient and secure than other blockchain networks.

    Reply
  • Omar February 23, 2023 at 10:24 am

    Good projects grow slowly and accelerate later.
    I see a bright future for FTN

    Reply
  • Leave a Reply to Omar Cancel Reply

    Your email address will not be published. Required fields are marked *

    listing on exchanges

    3 Responses

  • Feras February 20, 2023 at 2:10 pm

    $FTN has a big potential. A strong company behind this project. Good luck to all investors.

    Reply
  • salam February 22, 2023 at 4:43 pm

    One of the main reason for the strength of FTN is his Unique consensus mechanism: The Fastex Chain’s use of Proof-of-Stake-and-Activity (POSA) as a consensus mechanism is unique in the blockchain space and could make it more efficient and secure than other blockchain networks.

    Reply
  • Omar February 23, 2023 at 10:24 am

    Good projects grow slowly and accelerate later.
    I see a bright future for FTN

    Reply
  • Leave a Reply to Omar Cancel Reply

    Your email address will not be published. Required fields are marked *

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