Published: Oct 29, 2018

FortFC

Website

Bounty

Status

ICO

FortFC is a liquidity provider for the cryptocurrency trading.

Whitepaper

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Interest lvl

Updated: Oct 06, 2019

Learn more about our rating

User Rating

High

3.8/5 • 6 votes

Ticker

FORTFC

Type

Utility-token

Token standard

ERC20

FoundedRussian Federation

Registration countryMarshall Islands

Registration year2012

Office addressSuite 305, Griffith Corporate Centre P.O. Box 1510, Beachmont Kingstown St Vincent and Grenadines
No 7-2, Jalan Rampai niaga 5, Rampai business park, Sri rampai, 53300 wangsa maju, Kuala Lumpur, Malaysia
Agiou Athanasiou, 74 Agios Athanasios, 4102 Limassol, Cyprus
No 18 Jalan Putra Perdana 1/4 Taman Putra Perdana 47100 Puchong Selangor, Malaysia
Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands MH96960

What is FortFC

FortFC provides smooth deep liquidity at the current market price for the three main segments of the cryptocurrency market, which account for 90% of all transactions:

Exchanging cryptocurrency for fiat through exchanges with physical delivery

Exchanging one cryptocurrency for another

Crypto brokerage (margin trading in cryptocurrency)

To ensure high-quality and continuous operations, partner agreements will be established with large cryptocurrency exchanges, which will act as the main source of liquidity for FortFC customers and will provide FortFC customers with even more favorable trading conditions.

In the future, as the pool of liquidity increases and new cryptocurrency exchanges are connected, the need for third-party aggregators will disappear and FortFC will concentrate on effectively managing its own netto position using the available liquidity depth from the exchanges that are already connected.

FortFC customers will be able to use two methods of trading simultaneously using one trading terminal:

A trader can trade instantly and at the best price out of all the liquidity sources that FortFC aggregates. This method is great for those who just want to trade under the best conditions of the company and not be distracted by analyzing prices from various crypto exchanges.

The second method is more suitable for those with experience in the market. FortFC will broadcast unabridged quotes for available contracts separately, from each of the connected exchanges. Thus, the client can benefit from the difference in prices on different exchanges with the help of FortFC. For example, they can buy Bitcoin for Ethereum on crypto exchange A and immediately sell it on crypto exchange B. FortFC will ensure these trading operations by its own predepositing funds on connected exchanges and conduct the appropriate transactions between trading platforms.

Who is in need of the services provided by FortFC?

Crypto exchanges

Crypto brokers

Crypto banks

Stockbrokers offering clients margin trading in cryptocurrencies

Direct Market Access (DMA) brokers

FOREX brokers

Hedge Funds

Exchangers

Online services that accept payments in cryptocurrencies

Private traders

FortFC Roadmap

THIRD QUARTER OF 2018

Private Sale start
AirDrop and Referral Program start
Preparing the documents for applying FSA license

Aggregation Engine prototyping
Two crypto exchanges integration
MetaTrader Server integration

FOURTH QUARTER OF 2018

Pre-ICO start
Bounty start
Project listing in 200 rating agencies
Listings and Partnership with 5 exchanges of the third-tier

Aggregation Engine development in C++ (basic functionality)
Setting up the production infrastructure
Aggregation Engine testing

FIRST QUARTER OF 2019

ICO start
Partnership with 5 exchanges of the second-tier
Application for MFSA license

REST API development
FIX API Server development (basic functionality)
REST API and FIX API documents preparation

SECOND QUARTER OF 2019

Preliminary project report publishing
Partnership with 5 exchanges of the second-tier
Application for MFSA license
Roadshows in 7 cities in Asia

Designing website and Personal cabinet
Payment systems integration
Price charts adding in Personal area
Trading transactions via Personal area

THIRD QUARTER OF 2019

End of ICO
Depositing to 10 exchanges of the second-tier
Partnership with 5 exchanges of the second-tier

Developing and testing the connectors for the rest of exchanges
Expanding the administrative interface, KYC
Partnership program realization

FOURTH QUARTER OF 2019

Depositing to 5 exchanges of the second-tier
Partnership with 5 exchanges of the first-tier
Preparing the documents in order to apply for ASIC license
Roadshows in 10 cities in Europe

Aggregation Engine development in C++ (extended functionality)
FIX API Server (extended functionality)
Expanding of monitoring functionality
Load-testing, primary processes optimization

FIRST QUARTER OF 2020

2019 annual report
Depositing to 5 exchanges of the first-tier
Beta-version has 2,000 active clients
Application for MFSA license. Establishing the office in Malta

Adding new cryptocurrencies and tokens
White Label development
Public testing of fully functional service
End of the product testing

Token Sale Dates

Presale Period

Start date: Nov 12, 2018

End date: Feb 15, 2019

ICO

Start date: Feb 16, 2019

End date: Jul 31, 2019

Token Allocation

Total Token Supply 300,000,000 FORTFC

Total Tokens for Sale 231,000,000 FORTFC

Funding Details

Soft Cap 2,000,000 EUR

Hard Cap 25,000,000 EUR

Funds Raised (as of now) 785,876 USD

Restrictions

Residents of the following countries are prohibited from participating
Afghanistan, Algeria, Bosnia and Herzegovina, Bangladesh, Ecuador, Guyana, North Korea, Iraq, Iran, Myanmar, Lao PDR, Syria, Uganda, United States of America, Vanuatu, Yemen