FinCoin is a cryptocurrency for everyday transactions.
We are happy to announce the launching of FinCoin (FNC) – a new cryptocurrency designed with shopping online in mind.
FNC is a universal payment system with a stable exchange rate, it is a digital currency that can be used for purchases and sales of goods and services around the world. A POS-system is used to ensure proper functioning, as well as the scrypt hashing function.
In addition, the developers of FinCoin took into account the experience of other projects, owing to which FNC is protected from hacker attacks and theft. With that, it requires the user to strictly follow the terms of confidentiality. After the transaction is carried out the user information is secured, however the transactions themselves are openly available.
The original FNC code is also available. To see it, follow the link https://github.com/ Fincoinltd/FNC
The FinCoin blockchain algorithm is intended to reward the user for processing transaction data blocks, without causing energy costs, and requiring neither huge database storage nor expensive mining equipment.
The reward is proportional to the wallet balance, and is accrued every day accounting for the annual 5%.
Basic information about FinCoin
Brand name: FinCoin (FNC)
No fee for transactions between wallets
Blocking time: ~5 seconds
Coin amount (max): 2,090,000,000 (two billion ninety million)
Coin amount in the first block: 1,800,000,000 (one billion eight hundred million) Hashing type: X11
Mining: POS 5% annual
Advantages of FinCoin:
– Modern and safe mining algorithm, utilizing a non-energy consuming proof of storage technology.
– The system is completely decentralized: there is no centralized control, a single organizer or emitent. Every user of the system has a full access to the statistics of mutual settlement transactions.
– A new approach to the philosophy of monetary relations, based on the principles of Blockchain technology.
– Decentralized monetary relations accounting, impossibility of releasing additional funds for personal purposes outside of the Blockchain algorithm.
– Financial independence from national and commercial banks and other financial institutions.
– The absence of international or national control.
Stable and moderate growth
The main goal of the FinCoin team is strengthening the position of FNC as a cryptocurrency for everyday use with low volatility and a steady demand.
Due to a balanced sales strategy of the originally released FNC and repurchase with the proceeds, the FinCoin trading team secures the exchange rate band within 2% and 7% monthly growth until all released coins are distributed among participants. This moderation in growth is necessary minimize short sellings of purely speculative nature, and support of a minimal growth rate ensures the low volatility of FNC.
There are 3 ways to earn money with FinCoin:
1. POS Mining – annual 5% of the wallet balance
2. Investing in the development of FinCoin through FinCash, with fixed rates and daily interests.
3. Participation in a multilevel partnership program, with 7 levels and rewards from external investments:
1 referral level – 7%
2 referral level – 5%
3 referral level – 3%
4 referral level – 1.5%
5 referral level – 1%
6 referral level - 0.5%
7 referral level - 0.5%
The distribution of the riginally released coins among the participants of the partnership program and the FinCash program lasts until all 2,090,000,000 are distributed.
Depending on the amount of coins bought the participant may participate in distribution of the coins by fixed conditions and receive rewards for participation in the development of FinCoin during 365 days, amounting to daily 0.5%-0.9% of the sum irrevovocanly invested in the FinCash program.
FinCoin AliCard
A virtual debit card with automatic background mode exchange system allows purchases with FNC on Aliexpress and Alibaba through an app, with current exchange rate.
FinCoin Card
A plastic debit card with a convenient and simple system of FNC exchange according to the current rate through an app. FinCoin card is the best option for universal daily use of FNC due to the practically instant arrival of funds.
The existing infrastructure of VISA and MasterCard is used, with payment possible at millions of stores around the world.
Paying for a Big Mac at any McDonaldʼs with FinCoins can really be easier than you think with a FinCoin Card.
Links:
Site: http://fincoin.co
Affiliate program: http://fincoin.cash
Wallet: http://fincoin.co/fincoin-win.zip
Block Explorer: http://explorer.fincoin.co
Source code: https://github.com/Fincoinltd/FNC