FAUSTCOIN, the token, is an autonomous cryptocurrency developed for the purpose of providing initial inherent value in blockchainderived tokens. FAUSTCOIN is offered in the form of a smart contract in which the owner sells his or her own Soul or Soul Fragment/s, or acts to acquire other Souls or Soul Fragment/s on the Ethereum Blockchain. The use of ones soul to buy and sell goods as well as create a store of value, provides a unique and integral layer of value on top of the Ethereum Blockchain. Using ones soul as currency creates inherent worth without relying entirely on the technology to prove value.
FAUSTCOIN is not a platform; it is a fully functioning product and its token value is based on ones value of his or her Soul and/or Soul Fragment/s. As a decentralized token, there are no fee structures associated with the trading of tokens outside of the Ethereum mining fees . FAUSTCOIN’s token is denoted FTC and it can be traded at any time. Each FTC token is tied to an individual Soul, single Soul Fragment, or collection of Soul Fragments.
FAUSTCOIN allows for access to a high value cryptocurrency where participants value the token by that of their own soul. FTC tokens derived from the Token Generating Event (TGE) will be tradable on exchanges post-TGE and no further tokens will be issued post-TGE . The value of FTC will fluctuate with trade movement on the exchanges that support it.
Learn more at
https://www.faustcoin.io/.
I'm happy to answer any questions you may have here, on twitter or our reddit page. We have an airdrop coming up this week and next, so make sure you sign up at faustcoin.io.
Please note that our official announcement is not happening until February 21st, but we are starting the conversation early here.
Twitter:
https://twitter.com/SoulSatoshi/Reddit:
https://www.reddit.com/r/faustcoin/
