Topic: [ANN]: Closed - page 3. (Read 1014 times)
The ICO issues the FML tokens. These are for transaction fees. You can of course convert these to USD or EUR on our payment gateway as they will be a contributing token along with BTC or EUR.
SPANISH BOUNTY THREAD: https://bitcointalksearch.org/topic/m.33328310
SPANISH ANN THREAD: https://bitcointalksearch.org/topic/m.33325538
SPANISH ANN THREAD: https://bitcointalksearch.org/topic/m.33325538
Cool idea, fitness using blockchain is new industry with fully potential.
no US or China private investors. Investors in the crypto space are finding it increasingly difficult to invest in the highly volatile space. Flying Money is here to change that.
Flying Money will hold their PRE ICO sale from January 31st to March 29th and ICO sale from March 30th to May 18th. This is official information.
It will be the market rate of the FML that determines how many usd or euro you can buy. But primarily they are used as transaction tokens.
There is a diminishing supply of FML tokens. They are destroyed when used.
I’ll give an example. Say you buy $2000 USDf for $2000 usd fiat or $2000 of BTC. We place the money in a bank to back the USDf. But you also need to pay transaction fees of $20 dollars. You can pay them in $20 worth of BTC ETH or in FML. It’s the market value of BTC ETH or FML that is accepted as the transaction payment.
Tether does the same but they place the funds not in an independent trust but into their consolidated accounts. We created these FML tokens to be used to pay transaction fees. They have a utility and are subject to market supply and demand. But if their is a diminishing supply and an increasing demand them economics dictates that their price will rise.
There is a diminishing supply of FML tokens. They are destroyed when used.
I’ll give an example. Say you buy $2000 USDf for $2000 usd fiat or $2000 of BTC. We place the money in a bank to back the USDf. But you also need to pay transaction fees of $20 dollars. You can pay them in $20 worth of BTC ETH or in FML. It’s the market value of BTC ETH or FML that is accepted as the transaction payment.
Tether does the same but they place the funds not in an independent trust but into their consolidated accounts. We created these FML tokens to be used to pay transaction fees. They have a utility and are subject to market supply and demand. But if their is a diminishing supply and an increasing demand them economics dictates that their price will rise.
flying money sounds bothered,but through some information about this project found it so interesting idea,looking more to see it here
too expensive for me...i will buy when they drop to 0.01
How to Contribute
Step 1
Register on click ICO Registration Tab www.flyingmoney.io/register
Step 2
Login using your Email & Password - Go to your Flying Money Dashboard
Step 3
Click Make ICO Payment
a) Select Wallet Type & Your ETH Address to receive your FML Tokens
b) Choose Payment type ETH or BTC – we give you an ETH address to Pay
c) Choose the Amount You wish to Contribute - Click Calculate – It shows how many FML Tokens you will receive
d) Click Submit
e) From your Wallet Pay into the ETH Address we provided
f) You will receive an Email for the Order and another to confirm your order within 24 hours
Step 4
You can review your Orders by Clicking Order Histor
Step 1
Register on click ICO Registration Tab www.flyingmoney.io/register
Step 2
Login using your Email & Password - Go to your Flying Money Dashboard
Step 3
Click Make ICO Payment
a) Select Wallet Type & Your ETH Address to receive your FML Tokens
b) Choose Payment type ETH or BTC – we give you an ETH address to Pay
c) Choose the Amount You wish to Contribute - Click Calculate – It shows how many FML Tokens you will receive
d) Click Submit
e) From your Wallet Pay into the ETH Address we provided
f) You will receive an Email for the Order and another to confirm your order within 24 hours
Step 4
You can review your Orders by Clicking Order Histor
flying money apparently developed a security system, so there will be no problems with the protection of transactions. so the investment platforms such as Safinus seem to work. It is safe
happy to meet good projects like flying money. to my knowledge there are many projects that move in the field of payment, both online shop, money transfer and so on .. I want to know how with the security level of transact using this flying money. and in which country is this flying money already developed dev?
Let us hope that this project will not fly away along with the collected money after ICO. And if in case they can compete with tether. Competition is good as it can bring the best out of each other.
I understand that 1 USDf = 1 USD and 1EURf = 1 EUR.
Value of FML will be created by market demmand and could be anything. We all hope that demmand will be constantly high to drive the FML price up and up.
Please correct me if I am wrong
Value of FML will be created by market demmand and could be anything. We all hope that demmand will be constantly high to drive the FML price up and up.
Please correct me if I am wrong
This is a new project, it's under the radar right now. I am in, it has good potential.
Question: how does the company differentiate from TrueUSD? As they are already on the market, it will be more difficult to compete.
Flying money untilizes a trading company and a trust to separate the assets owned by people who hold the tokens, this is then audit on a monthly basis by EY , one of world most trusted accounting firms .., .. i assume True usd , they have just started, maybe another copy cat company. not sure , ,,as i said ive never heard of them, i think the point of difference will be the convenience of multicurrency..
Question: how does the company differentiate from TrueUSD? As they are already on the market, it will be more difficult to compete.
those fees are charged by Flying money, correct ? also what happens when FML tokens are extinct ?
1) yes
2) your correct that is the value . The diminishing supply and increasing demand forcing value in the token to increase . In terms of actual supply . The token goes back 20 decimal places
I see your road map that FLYING is registered in Hongkong, is it possible to think that the main location of the later operation is also in Hongkong?
those fees are charged by Flying money, correct ? also what happens when FML tokens are extinct ?
The Flying Money Token will be publicly traded on at least five exchanges as soon as June 2018. Digital Currency Tokens can be used on exchanges to settle trades between customers, pay invoices, or remit payments anywhere in the world in seconds
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