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Author Topic: [ANN] Formosa Financial- Financial Services for Blockchain Innovators  (Read 258 times)
Formosa Financial (OP)
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August 06, 2018, 10:12:59 AM
 #1

Formosa Financial- Financial Services for Blockchain Innovators

Formosa Financial is the one-stop platform for digital asset management, offering a customizable suite of custodial, brokerage, and risk management services.
From our headquarters in Taipei, Taiwan we are working with fintech innovators, financial institutions, and regulators
to help clear some of the major bottlenecks that blockchain innovators face today.


WebsiteTelegramFacebookTwitterMediumRedditWhitepaper


Why Us

Experienced Team
International team based in Taipei with deep blockchain,
financial markets, and regulatory expertise.

Robust technology
API-enabled platform with integrated asset wallets
connect into our network of global exchanges and OTC markets.

Regulated & Audited
Licensed to conduct virtual currency exchange services to be audited
for regulatory compliance by multi-national accounting firm.


Know more about our company


                                                                                                                                                                                                                             


Services


Secure custody & Asset storage                                                                                                                                          
Hypersecure integrated vault with multisignature architecture to seamlessly manage asset positions.                                          
Have peace of mind knowing your digital asset holdings are protected by best-in-class hot & cold wallet management procedures.


Deep liquidity & Trade execution                                                                                                                                          
Ensure excellent price execution through our liquidity sourcing platform.                                                                                    
Order sharding to multiple exchanges to access the best rates. Liquidity seeking algorithm through exchange API integrations and
OTC trading pools.
                                                                                                                                                               

Risk hedging & Diversification                                                                                                                                              
Customized hedging solution to mitigate liquidity, market and operational risks.                                                                          
Reduce your exposure to market volatility through bespoke risk management services.
                                                             


Know more about our platform


                                                                                                                                                                                                                             


Road Map


Q2 2018
Start platform development
Complete fundraising


Q3 2018
Begin to compile ICO company client waitlist
Custody and brokerage service in private beta


Q4 2018
Risk hedging in private beta
Secure banking relationships


Q1 2019
Launch custody, brokerage and risk hedging products to additional customers (crypto funds, exchanges)
P2P lending for cryptocurrency


Q2 2019
Launch debit cards
ETF diversification products


Q3 2019
Short-dated forward derivatives contracts
P2P trading platform for standardized derivatives smart contracts


Q4 2019
Launch access fund for ICO projects and crypto investments


                                                                                                                                                                                                                             


Formosa Financial Team & Advisors

Information about our team members, team background and our advisors is available on our Team page.


                                                                                                                                                                                                                             


. Contract Address:0xb4d0fdfc8497aef97d3c2892ae682ee06064a2bc
. Symbol:FMF                                                                              
. Decimals:18                                                                              

Use of FMF


FMF tokens serve two main functions on the Formosa Platform:                                                                                                                                                          
.Proof-of-Membership: In order for customers to receive our services they must stake a minimum amount of tokens.                                                                                
.Platform fees: As customers use our platform they may get charged fees for various services. All those fees will be collected in FMF from their Proof-of-Membership stake.
 

In general FMF is the gas that enables customers to use our services and they must fill up their gas tank to full to on-board as a new customer.  
                                   


                                                                                                                                                                                                                             


In the Press

Analysis in Chains
NowNews
新浪Sina
Technode
More coming soon!


Join us on Telegram!
Follow us on Twitter: @formosaofficial
Medium: https://medium.com/formosa-financial
Reddit: https://www.reddit.com/r/FormosaFinancial/
Facebook: https://www.facebook.com/formosa.financial/




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cryptomarketdondotcom
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August 08, 2018, 07:58:56 AM
 #2

Given the CEO's background it's suffice to believe that he , George Hsieh, has deep connections to Taiwan government and banks. I heard Jeffrey Huang has connections to crypto exchanges as well.
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September 19, 2018, 11:55:51 AM
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The product is interesting and there is a need for this kind of institutions in the cryptomarket. Team looks experienced. Good luck guys.
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September 29, 2018, 11:25:12 AM
 #4

This coin has been listed on @Coinmarketdaddy (CMD). For all the trading information, total Supply, current price,  1 hour change, 24 hour change, 7 days change,  historical data , graph, calculator, convertor, reviews, statistics, and comments check out CMD twitter page @Coinmarketdaddy (CMD) and visit

FMF Market & Trading Data

Volume (24h)    $ 300.37K   
Total Supply    2,000,000,000
Price %(1h)    -0.03%
Price %(24h)    -3.31%
Price %(7d)         46.26%

https://coinmarketdaddy.com/currencies/token/formosa-financial/fmf/
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October 03, 2018, 03:56:49 PM
Last edit: October 03, 2018, 04:29:34 PM by Wananavu99
 #5

Why ERC-20?  Is it because you're looking to standardize under solidity?

Edit:  K, watched the interview on Ivan Tech, you can disregard my question. 
BitMaver
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November 27, 2018, 11:32:18 AM
 #6

Formosa Financial announces client on boarding Q4 2018- AQWIRE client #2


"Committed to building a platform of financial services for the management of crypto-assets, Formosa Financial today is pleased to announce the signing of the second private beta client, the blockchain-based real estate listing platform AQWIRE."
Learn more: https://medium.com/formosa-financial/formosa-financial-announces-client-on-boarding-q4-2018-aqwire-client-2-e70ff072921d.
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🔰FERRUM NETWORK🔰


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November 27, 2018, 07:08:22 PM
 #7

I watched the Video. Is it Japanese or Chinese characters? You write that you offer brokerage services in the package. And you will have a stock exchange?


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Ferrum Network • Interoperability Network for Financial Applications
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June 17, 2023, 07:39:39 AM
 #8

I heard Jeffrey Huang has connections to crypto exchanges as well.

He's really into a lot of things, apparently.

22,000 ETH Embezzled and Over Ten Projects Failed: The Story of Machi Big Brother (Jeff Huang)

What's interesting is I would have never heard about any of this if Jeffrey Huang had not decided to sue ZachXBT, who is pretty much the #1 scammer exposer on Twitter.

https://twitter.com/zachxbt/status/1669783717236342785

Apparently he's suing him for "Assault Libel & Slander"... whatever "assault libel" is I'm not exactly certain.

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