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https://medium.com/@InfoCrypto/fortuna-the-next-big-chinese-coin-e88bc320e031

https://www.fota.top/

Fortuna was listed on Kucoin just a few days ago. The concept is about creating the first blockchain platform for the OTC Derivatives Market. They already have a working prototype (https://www.fota.top/treatyl/)

Partners - Qtum, NEO, Loopring, Pavel Bains (CEO of Bluzelle), Roger Lim (Qlink, Coinfi).

I thought the partners were too good to be true, but a famous youtube reviewer who knows Pavel Bains and Roger Lim confirmed that they were partners.
https://www.youtube.com/watch?v=3huOlhGvwrc

The team has a great amount of experience in different sectors, and seem young and fresh at the same time. Most of them have graduated from top universities like Yale (3 out of 8 members), Columbia, Oxford.

This coin is seriously undervalued right now.

well
seems interesting to follow this project.
with ico price is $ 0.08
and now,
FOTA is already at a price of about $0.2
I believe FOTA can be even higher than now
maybe I'll add some FOTA to my little portfolio.

This is the first time I see this coin's name. I checked it and it's only traded in Kucoin. Do you know any other exchanges that announced they will list Fortuna? Total supply looks like 1 billion in Coinmarketcap, is it true? What is circulating supply and how many coins team holds?

The problem with "Chinese coins" is that China has banned cryptocurrency. Yes, people are working around the bans, but only the most determined people. Everyone else has moved on.

Therefore if Fortuna wants to suceed it needs something other than "the next China coin" to promote it. So, what is this other attribute?

good
me, too
so i found more info about this coin
TGE recently completed

and proportion about coin
400M solded on TGE/ico
with circulating 250M .

for more :
https://cdn.pbrd.co/images/H4W5E6O.jpg

i am not support this project.
but i believe this project will give me some little profit. ;D

I like Chinese projects but I want to know if the Chinese will bring cryptollar prohibition to the first.

still dont know,
btw , "the next China coin"  just a mere slogan.
ok i know , all of the team is chinese people .
but Headquarters in singapore.
and this project slogan is "The First Blockchain Platform for Global OTC Derivatives Market"

So, the investments are enough good for this unknown model.
Even don’t know what to think. Many risks for such investments

of course buddy ,
i will try to find it
did u think i will put my money to some investement "unknown model" ?
like people do on BitConnect ?

Why didn't their partner NEO which are super rich now invest on their ICO to buy all the coins? They had 50M NEO to sell and have millions to invest. You don't launch an ICO when you have partners such as NEO :D Honestly you think they're letting you to buy their coins @ $0.08 and after a few month you could sell them for $100 and become rich?

Yeah the team never marketed themselvs as the next big Chinese coin or anything. It's just something I titled this thread because I think the coin has the potential to be the next neo, trx, other successful Chinese coins

"being next big chinese coin" in shiny neon light signs isnt enough for crypto investors to invest.
What is the purpose of this coin? As far as I know otc markets kill transparency and its discouraging for crypto users.

I bought some, I think about 5-6 months. I'm sorry I could not attend ICO.

Well
Whatever that, people still enthusiastic with this project.
Lets waiting for the next happens.

As long as you got in, it's fine  :) No reason to be sorry as I'm not part of the team or anything.

Looks like some people on this thread misunderstood think that I am a part of the marketing team or something and deemed this coin "The Next Big Chinese Coin."

I just want to clarify that I am NOT part of the team in any form. I simply wanted to tell people on this board about what I think is a very undervalued coin right now.

I jumped in yesterday, at the eth dip.

I think this is a hell of a project, with all is needed to get successful. A brillant idea, an amazing team, partnership is good too.

You just have to know this is at least a mid-term investment. Big annoucement are about to come at the end of this year.
When kucoin trading promo ends + new exchanges, this should start to raise gently.

I got accepted to their ICO but was unable to prticipate in the ico, a good entry price for now, for a project with sound platform, what I don't nderstand now is how the current dip in the market is going to affect the price, there was a time it is better to pick up some coins on the exchange than participate in their ICOs

I decided for myself that now is not the best time to participate in ICO and purchase new tokens. The market is going down and I think that this is not the bottom. Now everything is swiftly going down and I'm better off waiting this time. There are many good tokens for which it's time to buy but every day they fall lower and lower. I'm afraid that the altcoyins will stay in place and the bitcoin will go into free swimming.

Yep, that's possible but in fact, it's really hard to know.
My opinion is that there are still too much poor projects with too high marketcaps.

If people still want to buy Bitcoin at this price, well, no one will stop them. But projects like Fortuna look like they have a bright future. The price could dump, I will just buy more. I had the same hesitation, so I invested a part of the money I could invest in this one.
Better compromise I could find.

since down trend on a few week's
we can't say everything will fine on a next weeks
in fact people still panic about market price.
and maybe price will lower than now
well
about FOTA , Besides the influence of the major coin price, another cause is the contest in the kucoin.
i hear kucoin make some contest with total prize 1 milloin FOTA + 23 BTC.
no wonder his prices are still very undervalued

This coin has actually done relatively well in terms of BTC price compared to other coins during this recent dip. The price only dropped from around 1200 sat to 1100 sat since the February 1

Fortuna Contest on KuCoin Close Date (February 08 15:59 UTC)
https://coindar.org/en/event/fortuna-fota-fortuna-contest-on-kucoin-close-date-3148

This is a great news for those who want to invest in Fortuna because Kucoin is a very hot business site now so Fortuna will definitely grow very strong. Currently it is depreciating with the crypto market so investors can buy FOTA right now because its value is very low.

Thank you for introducing a potential Chinese coin. I'm holding NEO and seeing the cryptos from China is very possible and earning a very stable profit over time. And next time I will add this crypto to the investment list because the exchange rate when the ICO is $ 0.08 and after being indexed on Kucoin, Fortuna's exchange rate has reached $ 0.2, is worth to invest and hold long term.

Fortuna & Odyssey could both grow potentially very big over the next couple years.

Holding loads of both atm. Though i bought  it higher than current price. Still, im not worried at all. Im sure that it will go up again soon.

Only reason that fortuna has dropped since it got listed on kucoin, is because that they had a competition. In this competition you had to trade the most amount of FOTA within x-amount of days. And you could then win prizes like 1BTC-0.01BTC. And since the ICO delivered an extra % bonus to early contributers. Big whales have been dumping alot of FOTA to keep profit and win the competition.

Fortuna trading competition source: https://www.kucoin.com/#/rank/FOTA

The competition is ending 8th of february. And after its over im expecting FOTA to slowly increase.

Itw of the CEO (1 hour length)
https://youtu.be/98aeQR9-DCQ

Article with updates on medium
https://medium.com/@Fota/weekly-fortuna-news-issue-001-1a9d3506656b

it will be done on a weekly basis

The team pushed out some announcements a few days ago. I recommend reading it if you are interested / invested into the project.

https://medium.com/@Fota/weekly-fortuna-news-issue-001-1a9d3506656b

Brian Cai (CEO of FOTA) also did an interview with a youtuber and discussed the project's partnership with qtum, neo, and loopring, among many other things.

https://www.youtube.com/watch?v=98aeQR9-DCQ&t=

I first heard about this coin. The price is very good, almost at the ico price level. I will study and probably I will buy on a small part of a portfolio.

my friends once told me about this coin. this coin will appear in the market and have a good chance. I will not be careless. better to find a lot of information about this coin.

"The Great Chinese Coin" is too pathetic. I do not think that this project can become as strong as the most popular Asia projects. Most likely this coin will be pumped for several times and then there will be a big dump. But maybe I'm wrong.

new weekly medium updates

https://medium.com/@Fota/weekly-fortuna-news-issue-002-e067e1e29695

they will come over here  :)

How much they raised on ICO? And when they want to launch mainnet? Non-investors can swap erc tokens to their coins, if Ill buy this token on exhange?

worth read

Weekly Fortuna News, Issue 005

https://medium.com/@Fota/weekly-fortuna-news-issue-005-f74bf8061866

......It is worth mentioning that Z.T.’s speech on the topic of “Blockchain Based Solutions for Credit Risk and Operational Efficiency In the $483 Trillion Global OTC Derivatives Market” was highly recognized by financial experts including Greg Medcraft, the former Chairman of the Australian Securities and Investments Commission. Friends told me that Mr. Medcraft thinks highly of Fortuna. I felt very honored and also more conscious of the great responsibilities we undertake.........


We Need an International Discussion on Cryptocurrencies’: OECD’s Medcraft

https://www.ccn.com/we-need-an-international-discussion-on-cryptocurrencies-oecds-medcraft/

I participated in the ICO for 0.2 ETH. That was a low amount because of individual hardcap for everybody. I know this is a good project backed by big companies like NEO etc still I dumped it on the listing day itself for 3x. Just a day back I bought a bag of them way under the ICO price. Good deal TBH!

Fortuna black paper


https://i.redd.it/0e6bcjw2xbn01.jpg

This is an interesting project being the first OTC derivatives platform and it has a skilled team and good partnerships

The roadmap indicates that the mainnet will be released in Q3 this year with a 1:1 swap from FOTA ERC-20 tokens to FOTA's own currency

Does anyone know if this will be masternode based and what the requirements will be to setup one?

I'm not 100% sure, but I think I read on telegram that there will be Masternodes.

I like the way they are communicating now : quality + quantity.

By the way, here is the black paper

https://www.reddit.com/r/FortunaBlockchain/comments/8697jy/fortuna_black_paper1_page_summary_of_white_paper/

Chinese coins, Swiss Ico, the market is simply oversaturated with coins. It's hard to choose from such a number, but to foresee that it will not be lost with time even more difficult. I can give you some examples with such good indicators, but there was nothing further, so I'm not sure if I'm correct, but it's worth the risk.

FOTA is now close to it lowest price ever.

Do you think it's a good buy right now? The project is still very small with only 20M cap. Chinese project are strong in most cases.

I'm buying more, yes.

It's actually on rank 300 on coinmarketcap, obviously underated. I recommended this project to a friend, which I rarely do.

There was a lack of communication at very early stages, but right now they are moving pretty fast. The CEO seems particularly competent and motivated, which is essential for the success of a project.

I need to look this up later when I get back from work, sounds interesting. Thanks for the share my man.

Did a quick read up on the company, the team, and the tech backing it. Looks like this is a solid bet for a market mover

Checked it as well.There are similar projects out there,but if they will do what is promissed ,can make few dollar this year

Fortuna(FOTA) 101 - OTC Derivatives on the Blockchain

https://www.youtube.com/watch?v=fVbPD_yw8y0

What similar projects you mean? I never seen exchanges in derivatives market in crypto. I think it first project in this niche.

I stumbled across an article that called Fortuna a "hidden chinese gem" and I said ok I'll check it out. I must admit, I am quite impressed. The magnitude of what they are trying to accomplish is quite immense, and the market for it is massive. Haven't bought yet I'm leaning towards it and would love to hear some thoughts...

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This project seems not very popular but i found out that its interesting and i need more analysis for this project.