Topic: [ANN]FTS | POW | ONLY COIN WITH POB- PROOF OF BUSINESS (Read 987 times)

It's official. FTS Coin has burned 1,000,000 of the original premine. Effectively changing it's current circulating supply from 2,445,345.072 to 1,445,345.072 FTS Coin and the remaining premine coins held by FTS Management LLC (300,000) now only represents less than 20% of the total current circulating supply, and that ratio will be quickly shrinking further. Any other coins from the premine were paid out to coders, promoters, developers, advisors etc that have helped get FTS Coin to the place its currently at

To see how you can personally confirm the 1,000,000 coin burn, validate its authenticity and forever monitor it's legitimacy please check this link
https://ftscoin.xyz/burnwallet.html

Also, FTS Team, the folks behind the development of FTS Coin and many of it's supporting software is in the process of acquiring it's own exchange. This is an already existing exchange that we will be taking over, purging the DB for, switching servers and changing over all the passwords etc, then re-launching under new ownership with trading fees next to nothing :smile:

I promised to never dump on this community, hopefully the 1,000,000 coin burn will help reward folks loyalty and prove my own loyalty to this community. I also promised a good exchange, one has yet to present itself after almost 18 months, so now I will personally bring you a good exchange

Hey @everyone a second round of updates was done to the FTS Coin site. The site now has a live display of the current FTS price getting pulled from the Asymetrex.com API for the last buy/sell price on record. So now if you want to know the current price of the last FTS exchanged the site will tell you :slight_smile:

FTS coin PI FTS publish:


-basically all you have to do is buy a raspberry pi 2 for like $10 on ebay, then grab a higher capacity sd card for it (32 or 64gb+)
-Then download the .img file from here https://ftscoin.xyz/pifiles
-flash the .img file to the sd card https://computers.tutsplus.com/articles/how-to-flash-an-sd-card-for-raspberry-pi--mac-53600
-use a free ip scanner from any computer on your network to find your pi on your network and its ip address https://www.advanced-ip-scanner.com/
-go into your router settings and port forward port 11898 for the IP connected to your pi in IP scanner

Thats it, you're now operating your own full public FTS node that you started for less than $25 and uses barely any electricity to maintain

This is just the start. Next stage I set up a .img file that operates a full node while mining itself

Come join the FTS Discord Server for a chance to win 100 FTS Coin! The $FTS #Giveaway is in the #general channel
https://discord.gg/hnD9fHh

No volume behind it but this is just fun to see...

Here are a few links to listen, first episode is shorter and just a monologue.

https://www.stitcher.com/s?fid=598549
https://open.spotify.com/show/1mucBBgThJymrPJ0Rn0NAH?si=Bh5w0vP1QpGN6iUM8jqsSQ
https://podcastaddict.com/podcast/3199803
https://www.podchaser.com/podcasts/the-fts-crypto-podcast-1574711
https://pca.st/ezgeb9s7
https://www.deezer.com/us/show/2130842
https://player.fm/series/the-fts-crypto-podcast
https://www.buzzsprout.com/1583893/7095256-fts-crypto-podcast-intro.mp3?blob_id=30392029&download=true

https://coinpaprika.com/coin/fts-fts-coin/

Now that a bunch of new people are coming into the Bitcoin world, they will soon learn about the security and privacy issues that come with having a permanent ledger of activities linked to a transparent wallet address. It's sort of like putting videos of everything you do and buy up on youtube, along with your account balances, publicly for anyone to browse through whether they have good intentions or bad. This obvious failure of the early models of decentralized electronic currency like Bitcoin  will soon be pushing a new wave of crypto guppies to the world of Privacy Coins like FTS Coin

In other words, hold on for the ride. By this time next year FTS Coin will be one of those things you're happy you got involved in early

Thank you Glad to hear it. If you ever have any questions or would like to earn some free FTS in our community giveaways please join our discord server https://discord.gg/hnD9fHh

We have a list available pools you can access here https://miningpoolstats.stream/ftscoin
Most the pools have guides on how to start mining, but if you have any issues please feel free to come ask in our discord server and one of the FTS team or a pool operator would be more than happy to assist you

Our transaction fees are set at a very low static fee of 0.0001FTS per transaction

We are available for BTC or ETH trade at https://altilly.com Also we are a coin with our own proprietary chain, it's a little better then a token

I am following this coin!  This seems to have potential!  Keep up the hard work!  Love the idea!!  Going to read your whitepaper now.

How can I know more about transaction fees?

FTS Coin seems very good to me.I would love to hold yFTS token.How can I buy Token?

FTS COIN UPDATE
https://twitter.com/fts_coin

Great news :smile: Looks like we'll be seeing the Altilly listing real soon, we're one of their next 3 coins being listed if I'm reading this right. Also please check out the update above for anyone interested in the coin tech

Discord channel oiffical News:

@Fallen Gravity np man. After the other experiences we've had with other exchanges I'm glad to see some volume going on with http://asymetrex.com/
In case people didn't know, we've been on this exchange practically as long as we were on cratex, but Asymetrex has now been consistently honest and well managed compared to all the other alternatives :smile:
Asymetrex - KYC Free - Cryptocurrency Exchange
Asymetrex offers a quick, intuitive and simple trading solution. Create an account and start trading today!
So @everyone be sure to check out and mind @Fallen Gravity's warning about mining directly to the exchange. If you need a native wallet to mine to here are the links to the different download options :smile:  http://ftscoin.xyz/index#wallet

Come join us!
FTS website http://ftscoin.xyz/
POB https://ftsmothership.info/
Bitcointalk https://bitcointalksearch.org/topic/annfts-pow-only-coin-with-pob-proof-of-business-5257181
GUI wallet http://ftscoin.xyz/GUI
CLI wallet http://ftscoin.xyz/CLI
Android wallet http://ftscoin.xyz/ANDROID
Discord https://discord.gg/hnD9fHh
#FTS $FTS @FTSCOIN

Don't forget that you can still trade FTS at
https://asymetrex.com/markets/ftsbtc
They're no kyc & have 2FA implemented for security

Yah no problem, Proof Of Business is a system that works in tandem with POW. POW is the reward mechanism miners earn FTS with, POB (proof of business) is a system anyone can use to earn FTS by teaching small businesses how to accept any form of cryptocurrency. Once a person has taught the business how to accept some form of crypto they can take a quick video of the business owner holding up a business card and thanking them for teaching their company how to accept crypto. Then they submit the video at https://ftsmothership.info and earn FTS for it. As for how FTS in particular can be adopted; we have 2 minute block times for quick transactions and extremely low set transaction fees. We also have wallets available on several platforms, as well as a woocommerce payment gateway webstores built around wordpress can adopt, this allows both brick and mortar and online business to accept FTS easily. Hope this helps

can you please tell us what is the advantage of POB against the POW, POS and PSOMN coin? what will we going to expect about this coin, kindly give us a clear understanding how we will adopt this coin.

^update. Test net is already launched, went way quicker than I expected. I need to get familiar with it a bit and then we will be making aggressive and unique upgrades to the main network. That way FTS Coin can start raising the bar when it comes to cryptocurrency privacy and security standards

Come join the FTS Discord Server for the number one place for FTS news, updates or customer service. We have a lot of fun in the server with regular tips, giveaways and FTS Coin rain. https://discord.gg/hnD9fHh #FTS $FTS @FTSCoin

FTS_Lead.Dev | Gold Star LeadToday at 7:05 AM
@everyone Ok folks, time to add to the development and exchange listing fee budget. I am opening a new OTC Channel #otc-sale there will be 150,000 FTS up for grabs in 20 blocks. That's 7500 FTS a block for 0.01 BTC each, which works out to 133 Satoshis/FTS
OTC transactions will start tomorrow, feel free to DM before that to claim one though
FTS Reward / Chat channel：https://discord.gg/xhFdQHc

FTS_Lead.Dev | Gold Star Lead July 09, 2020, 06:16:24 AM
Good news @everyone :smile: The updated android wallet is available for download already. Graphics improved, wallet syncing improved, all the bugs fixed
https://play.google.com/store/apps/details?id=com.ftswallet

FTS Coin Wallet - Apps on Google Play

This is the best way to store you FTS Coin on the go! Be sure to write down your wallet seed after download!

The wallet was loaded as a new app. The old wallet will be left up on the google play store a while just to give people a chance to write down their wallet seed, uninstall the old app, and install our new one. At that point just choose restore wallet and input your seed:smile:

Hi Old man, if you don't like,please Leave! Please pay attention to the our Ann DIscord channel invitation link: https://discord.gg/xhFdQHc
I think some old man aways hate the new cypto chain. He aways live in old time and don't accept the New matter!

---

FTS_Lead.Dev | Gold Star Lead : June 29
@everyone Just wanted to let you all know I've been in touch with the owner of https://unnamed.exchange/ to start the listing process there.

We have the listing fee all ready and don't foresee there being any issues, he's going to be looking through our code after he wakes up and confirming everything, and providing an eta, at that point :slight_smile:

---

FTS_Lead.Dev | Gold Star Lead
Just in case anyone hasn't heard it yet, here's a song about Project FTS from before we released FTS Coin

https://youtu.be/kwvcgpFStRY

---

[BOUNTY]FTS- ONLY COIN FOR FOB- 2.5- START FROM TWITTER EVERYDAY

https://bitcointalksearch.org/topic/bountyfts-only-coin-for-fob-25-start-from-twitter-everyday-5258712

How to get the free 2.5 FTS coin everyday.!

1. first attend our discord channel: https://discord.gg/xhFdQHc
2. RT: Twitter：https://twitter.com/FTSCoin
----------------------------------------------------------------------------------------------------------------------------------------------
FTS Coin is the only coin that supports mass adoption by paying people to teach local business about cryptocurrency! #FTS $FTS
@ftscoin
http://ftscoin.xyz/

---

FTS_Lead.Dev | Gold Star Lead：June 30, 2020
Here's a small list of what FTS Coin has accomplished in less than 4 months
-Genesis block deployed
-FTS Coin site launched
-block explorer deployed
-Android Wallet deployed
-GUI wallets for mac, windows and linux
-woocommerce payment gateway generated
-the 3 FTS Coin specific web stores for goods & services
-3 exchange listings including 1 as a base pair other coins can list against
-fee reduction to our incredibly low and set 0.0001 FTS Fee
-discord bot launched
-POB incentive system launched
-Paper wallet generator deployed

On the horizon:
-IOS Wallet launch
-Android FTS Wallet V2.0
-Unnamed Exchange listing

---

FTS_Lead.Dev | Gold Star Lead  July 01, 2020
Just a reminder

On the horizon:
-IOS Wallet launch
-Android FTS Wallet V2.0
-Unnamed Exchange listing? If they don't get back to me soon Im going to take the BTC earned for their fee and apply it to the fee at a comparable exchange

---

FTS_Lead.Dev | Gold Star Lead July 04, 2020
So fun thing I did yesterday. I was getting a few fireworks in my area for the USA's 4th of July fun, and I struck up a conversation with the owner of the stand who noticed my bitcoin shirt and wanted a quick lesson on crypto. By the end of the talk she had downloaded a wallet and was trading me 500 FTS I'd earned through mining, and had in my phone wallet, for some fireworks. She loved how fast and easy the transaction was to do. So the bitcoin maxis can have pizza day. FTS has 7/2/20 as Firework Day :smile:
To be specific I grabbed these for 500 FTS

Well and 7/4/19 is special to Project FTS, our coin's only a few months old but Project FTS really got launched last 4th of July
Time for a throwback to a Project FTS Birthday memory :slight_smile:
At this point part of the promotion for Project FTS was the mystery behind it. I had successfully been dropping hints about it for 6 months without telling anyone what it really was. The person that made the video for me was instructed to make it "As mysterious and thought provoking as possible"


New Project FTS Promo Video https://youtu.be/41_s5PBWNmY
FTS Youtue Channel  https://youtu.be/qOVi-uxSU0M

---

FTS_Lead.Dev | Gold Star Lead July 05, 2020
@everyone  just a reminder again. Pull all of your FTS/BTC etc off of Cratex. Not sure what the actual story behind what happened to me is but it's unique to their exchange which makes me question the security of their site. I had close to $1000 in crypto cleverly taken from my account in a way that's indicative of it being someone connected to cratex that did it

---

we still have 2 trading options, https://asymetrex.com/markets
and the new exchange that has us as a base pair other cryptos can be bought with https://coinix.xyz/
Asymetrex - KYC Free - Cryptocurrency Exchange
Asymetrex offers a quick, intuitive and simple trading solution. Create an account and start trading today!
CoiniX - A Cryptocurrency Exchange


@everyone As promised here are details on how Cratex stole $100 in BTC and close to $900 in FTS Coin from me.
http://cratexisascam.com/
Please share this link so no one else gets harmed and get your crypto off cratex ASAP
@FTS_Lead.Dev | Gold Star Lead Thank you for doing this. After looking through the site Im appalled by how they treated this situation.

---

As promised here are details on how Cratex stole $100 in BTC and close to $900 in FTS Coin from me.
http://cratexisascam.com/
Please share this link so no one else gets harmed and get your crypto off cratex ASAP
@FTS_Lead.Dev | Gold Star Lead Thank you for doing this. After looking through the site Im appalled by how they treated this situation

----------------------------
CRATEX.IO IS A SCAM EXCHANGE
Recently I had $1000 in crypto taken off my cratex.io account, and while all evidence points to it being an inside job, the "best case" scenario is that it was caused by the owner having no concept of security and no desire to protect his sites users.

AVOID CRATEX!
Here's How it Happened
Screenshots will be included below this
After making you comfortable, they initiate fake exchanges to pull your coins out of your account without triggering their email system.

Give you false sense of security
Wait for big wallet balance to build up
Conduct fake trades for 1/1,000,000 of asset value
They waste victims time as stolen coins are withdrawn
The best case scenario
The best case scenario is that they didn't steal the coins themselves. That would mean their gross negligence and inability to navigate the most crucial aspect of running an exchange, site security, lead to a $1000+ loss they were unwilling to rectify.

It's important to note
It's probably important to note that I was the coin dev for the asset stolen. The $1000 in crypto will have little impact on me, but this kind of gross ignorance could have hurt someone who had been pouring their last few cents into this asset. It is important to act as a community to expose this kind of bogus behavior before people living on the edge of poverty get victimized by these scum.

This kind of gross negligence not only hurts the victim, but damages the crypto community as a whole. Now onlookers see this sort of thing and think it is representative of all crypto. It's not, these are unique and terrible people, that don't reflect the community at large.

---

FTS_Lead.Dev | Gold Star July 09, 2020
@everyone pool operators please check that your pools are synced right. The VPS that hosts our seed nodes had an issue last night and I had to go through and restart the nodes this morning. All 4 should be back online now, but Im noticing some pools are synced wrong now, so you'll probably need to resync the data

[moderator's note: consecutive posts merged]

Someone wake up on the wrong side of the bed? Our Bitcointalk manager started a new thread for us when he took over, Ill talk to him about link management. The project was announced prior to genesis block. Go spread your negativity elsewhere bud

jesus christ it would be nice if it even said what algo the PoW was in all those words there :/    (im ASSUMING its something cryptonightish?)
also, you arent even capable of creating a proper discord link apparently (https://discord.com/invite/RHzf9W = invalid)
one can only guess what will happen to your copy pasta shitcoin once it hits a snag in the code.... lol
a shame it seems this was like 50,000+blocks mined b4 you public announced it too    
oh well, rip

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


FTS_Lead.Dev | Gold Star Lead:

All 3 exchanges that list FTS Coin are no KYC exchanges :slight_smile: All of our plans are frequently discussed in our discord https://discord.gg/RHzf9W on our twitter https://twitter.com/ftscoin and here on our ANN page, but specifically in the next couple months people in the FTS Coin community have the release of our IOS App within the next couple weeks, V2.0 of our android wallet which will include an API overhaul and some other desired changes, as well as a 4th exchange with more volume. Hope that helps :slight_smile:


Fun random fact for anyone that hasn't ever noticed before...the FTS logo is the letters FTS. Top things an F with some extra lines, middle thing is a T with a curvy bit to it, and the bottom symbol is an S.

What does FTS stand for: Fair Trade System.

What's the point of all this?
Our long term goal is to abandon word seeds as the only means of SHA256 data input for wallet generation and generate a secondary layer program that translates biometric data into something that can be used in the SHA256 algo.

Our short term goal is to build a network of small businesses using FTS Coin. We will do this by providing low transaction fees and rapid transaction times. We will make this available in many ways, like our already released woocommerce plugin and by incentivizing people to teach local businesses how to accept crypto via our POB earning system hosted from the FTS Mothership.

FTS is not your every day crypto, we are the spine of a new grassroots emphasis on using crypto to replace the worlds currencies. Our street volunteers are the FTS UFOs, Urban FUD Opposition Systems.

The entire system is supported by projectfts.org that provides easy to follow cartoons for business owners interested in crypto and FTS Maps that helps business owners share their crypto accepting businesses with the world.

Project FTS is not new, we have been an active crypto force since December 2018 and have been working hand in hand with groups across the crypto community since that point. We did not offer any ICOs or IEOs because this is not about money to us. We do not bow down to promoters because we do not need them. We are not chart watchers and we feel anything less than $50 a coin for FTS is a bargain.

If anyone has any questions or comments please refer them to my trusted mod that has been doing an excellent job @Jaguar | FTS_MOD

Cheers everyone, stay safe and sane out there.
More detail information:

Twitter：https://twitter.com/FTSCoin

---

FTS_Lead.Dev | Gold Star Lead2020/04/22
Hey if anyone/@everyone  needs a little bit of help setting up a woocommerce store that accepts FTS Coin just let me know. Im charging folks on FTS for Work if they want me to do everything for them, but I am happy to help troubleshoot issues for free in here.

Also if anyone else would like their store added to the FTS Markets list on http://ftscoin.xyz/ just drop a link in here and Ill leave you up on the site in the FTS Markets menu as long as you accept FTS Coin along with your other payment options :slight_smile:

First person to add FTS Coin to their wordpress woo commerce store and send me the link in  a message will get a 100 FTS bounty :wink:
On that note the most recent version of wordpress they juuust released seems to have a compatibility issue we'll be upgrading for. So be sure to grab the last version 5.3.2 from wordpress.org, not the most recent.
https://wordpress.org/wordpress-5.3.2.zip
https://wordpress.org/wordpress-5.3.2.tar.gz
https://wordpress.org/wordpress-5.3.2-IIS.zip
and then the fts payment gateway plugin is here
http://ftscoin.xyz/Gateway


[moderator's note: consecutive posts merged]

Yes, without KYC may attract some of the traders to trade your coin. Not many people are happy submitting their KYC docs, especially if they are only trading small amounts of crypto. How about your development plans for the next couple of months? That may help in increasing the value of your coin in the market?

From FTS_Lead.Dev | Gold Star Lead speaking: Chat channel：https://discord.gg/xhFdQHc

<
And I mean, that's literally the most ignorant thing I've ever heard. So was I missing something or was he just an angry 26 year old that doesn't understand cryptocurrency?>>

---

@everyone Now that we have the FTS Bot working in the server, let's try getting the social media promos going again.

Free Reward

https://discord.gg/xhFdQHc

RT: Twitter：https://twitter.com/FTSCoin

Each day I will post something in the #daily-social-media-post channel  for folks to copy and paste into their twitters or facebook accounts. Do it and DM me a screenshot and I will send you a tip of 2.5FTS
Only 1 post per day per person


2020/06/23
FTS Coin is the only coin that supports mass adoption by paying people to teach local business about cryptocurrency! #FTS $FTS
@ftscoin
http://ftscoin.xyz/

---

Free Reward
https://discord.gg/xhFdQHc
RT: Twitter：https://twitter.com/FTSCoin
6/23/2020
Daily-social-media-post 
FTS Coin is a privacy coin that has a 25,000,000 max supply, 2 minute block times for rapid transactions, and a rapidly developing ecosystem designed to support mass adoption and business use.
 #FTS $FTS
@ftscoin
http://ftscoin.xyz/

---

FTS_Lead.Dev | Gold Star Lead-today 05:29
That fits my impression of it all perfectly. I glanced through the persons bitcointalk posts and I think they may just have some sort of anger issues lol. 3 out of ever 4 posts they were dropping the f word aimed at different project devs or calling mining pool operators thieves etc. It's awesome to hear other people are sharing my positive outlook on how things are going with FTS :slight_smile: It looks like we should be adding a new exchange this week too :slight_smile:

---

Free Reward
https://discord.gg/xhFdQHc
RT: Twitter：https://twitter.com/FTSCoin

6/24/2020

FTS Coin knows how frustrating and confusing the transaction fees can be with some cryptocurrency. That's why all our transactions cost only 0.0001 FTS to send
http://ftscoin.xyz/ #FTS $FTS

---

Free Reward
https://discord.gg/xhFdQHc
RT: Twitter：https://twitter.com/FTSCoin


We have proposed a series of improvements to the current cryptocurrency systems that will both enhance the cryptocurrency ecosystem as a whole, and provide a cryptocurrency designed to be easily adopted and used by the public at large. "- @ftscoin Whitepaper

---

FTS_Lead.Dev | Gold Star Lead publish:
June 26, 2020
Hey good news. The company that services FTS Coin just got it's DUNS number (that an apple org account requires) like 6 days earlier then they anticipated. So we should be seeing the FTS Wallet on the applestore sooner than later, whole process will still take a week or two but it's moving ahead of the adjusted schedule

---

FTS_Lead.Dev | Gold Star Lead June 25, 2020,
@everyone
I feel confident at this juncture making an announcement about our newest exchange https://coinix.xyz/
This new exchange listing FTS Coin is brand new. They have only been kind and given me reasons to trust them so far, but having been in this industry for years please proceed with caution and always hold any large amounts in personal wallets you control the seed phrase for. "Not your seed not your funds" as they say.

Some incredible news: FTS will be a base pair for this exchange :slight_smile: Before next week we should be paired against ETH,XMR,LTC,DGB,BCH & BTC + more later :thumbsup:

Exchange : https://coinix.xyz/BTC?c=FTS

---

@everyone
Big news!
The time has already come to follow up on yesterdays announcement.
FTS Coin has decided to work with a new no KYC exchange
https://coinix.xyz/
All standard cautions & warnings are in place for  new exchanges, proceed with caution. That said so far they have been nothing but polite and honest, and I am starting to trust them already. Plus don't ever store large amounts of funds on any exchange, ever. Not your seeds not your funds!

The big news? FTS is a base pair any coin can list with



[moderator's note: consecutive posts merged]

fk you, announced today and mined from a week ago

Ty to one of our discord members and a valued member of the FTS Community for sharing this

The http://miningpool.fun pool monitor for FTS Coin was added to the CheckPool application in Google play store

https://t.co/ZxOb3Dbuy5?amp=1

We are waiting for yours comming.

Give Away Time
$5 in FTS Coin going to 1 person
Just RT this post and follow
@FTSCoin
 to qualify
  :)Project FTS
coin Site: http://ftscoin.xyz
Earn FTS POB @: https://ftsmothership.info/coinproof.php
Crypto business Map: https://ftsmaps.com
FTS discord: https://discord.gg/hnD9fHh

More  FTS coin pools,please check the following link:

https://miningpoolstats.stream/ftscoin

@everyone Drumroll Time for our other announcement!!!
We've been working with an app coder/developer that has a very special app he's been working on with us. It is a merchant network app that allows customers to search for local merchants based on distance/goods&service/price so people always get the best deal. This app is going to then be customized for FTS Coin, with either easy backdoor connections to the separate wallet app, or it's own FTS wallet integrated. It will also have easy connections to exchanges for merchants to help ease the process of working with FTS Coin. It also features aspects appealing to the business owners such as free advertising and easy options to connect their customers to them such as a built in calling feature

:star: :fire: After some small lives tests just to reconfirm its all working properly, WE ARE PROUD TO ANNOUNCE OUR ANDROID WALLET:rocket: :last_quarter_moon_with_face:

This wallet was a quickly made and released fork, to allow people the option of an FTS Coin android wallet as quickly as possible. We are already in the process of making more elaborate and unique code changes both to function and graphics/ui and look forward to this. For now though we have this excellent option

https://play.google.com/store/apps/details?id=com.ftsvault

FTS Coin is the only coin that can be earned by teaching new businesses about cryptocurrency in addition to being mined via POW. Every time you get a new business to start accepting cryptocurrency and upload a video of it to FTSMothership.info you are rewarded with a set amount of FTS Coin. This means a coin that can spread cryptocurrency mass adoption as it grows.

While electronic peer-to-peer cash systems have been a growing part of the evolving economic paradigm the past 10 years,emerging as we embrace a new age of technology, there is still much room for improvement with this new software. FTS Coin hopes toaddress some of these areas for improvement, including but not limited to; Privacy, POW centralization, slow transaction times, high transaction fees, confusing transaction systems, and the loss of seed phrases. By addressing these issues and offering solutions to them, and  using FTS Coin to help spread mass adoption through our POB distributions, we hope to help drive cryptocurrency towards mass adoption!

FTS had an 8% premine that was released from block zero, this premine of 2,000,000 coins is being used to further the coin and support the POB system. The distribution of these 2,000,000 coins will be laid out in this section with as much detail as is possible.500,000 of this premine will be used towards tech bounties for further development. As the coin develops, and the community using it grows, it will be common place for the FTS Coin team to release bounties available for coders and developers that can accomplish certain tasks. These bounties will be based on the need for, and difficulty of, the work being sought out. 500,000 of this premine will be used toward marketing and promotion. This will include a combination of promotional air drops, rewards for IRL promotional activities, rewards for social media promotion, as well as any other advertising or promotion the FTS team feels will help move the coin forward.

500,000 of this premine will be used toward the POB system. The POB system will offer individuals FTS coin for teaching businesses about cryptocurrency, and
getting them to start accepting any cryptocurrency currently on the market. More details will be available on the POB system later in this whitepaper.
50,000 of this premine will be used for ecosystem development, in any form that may take; Including FTS only crypto stores, services soley funded by FTS coin, or any other activity that will help support the value of FTS coin. The remaining 450,000 FTS coins is being used toward initial development fees.

FTS Coin will be launching in its initial forms as a Cryptonote forked privacy coin, with a total supply of 25,000,000 coins. This distribution of 25,000,000 coins
should complete after 100 years with the reward for each block steadily decreasing over time. This is the roadmap for our current plans with the technology; Though it is likely we may add items to this agenda, it is highly unlikely we will take any of these items out of our future plans.

Phase 1-Genisis
The blocks average just under 2 minutes each with transactions being handled  privately as detailed above, and blocks being mined with an ASIC resistant POW  algorithm. The coin will be launching with CPU mining options and terminal wallets, as  well as easy to use GUI wallets for Windows, Linux and Mac.

Phase 2-Pool Mining and Phone Wallets
At this stage FTS Coin will be adding Pool Mining and android and/or IOS  wallets for the coin. These added options will help expand both the miner, and user, base for the coin.

Phase 3-Easy Mining, Messages & Exchange
Phase 3 of FTS Coin will involve adding an easy “mine now” button to the GUI
wallets, as well as adding the ability to send private messages from the wallet.We hope to implement the easy “mine now” button as a part of our effort to
spread cryptocurrency mass adoption. We feel an ASIC resistant system that easily provides the ability for people to be engaged in the network and help contribute to its security, not only provides a more decentralized and solid network, it also provides a platform for new people to become invested in the system of cryptocurrency itself by engaging in the competition for block rewards.
By providing a means for people to send encrypted messages, with a timed self destruct mechanism, over a secured network that also allows for private transactions; We hope to provide a means for complete private business interactions in the field of legal
and medical consultations. This will be extremely useful for people that wish to interact  with lawyers or medical professionals remotely, and privately, while streamlining both  payment and the consultations being paid for under one software mechanism. At this point we will also be buying our way onto an exchange if one hasn’t  become available to the coin, for free, from the crypto community.

Phase 4-POS/POW Hybrid
Proof of Stake will be coming at this stage. In order to help create incentive for people to hodl their FTS Coin we will be conducting a hard fork of the system to add on  POS options. Thus allowing people to obtain FTS Coin by holding onto it, providing  POW to help network security, or introducing new businesses to FTS Coin with our POB system on www.ftsmothership.info

Phase 5- Biometric Seed Integration
The fifth and final stage of the planned tech road map for the FTS Coin software  involves adding a secondary means for wallet generation. People at this point will be  able to generate a standard legacy address with a word seed, as is currently common in  cryptocurrency. Alternatively they will be able to start using the camera and fingerprint  scanners on their phone to choose a combination of bio-metric data to be used in  connection with an algorithm that translates this information into the seed for your SHA  256 algorithm. Through this method people will be ensured that as long as they still
have key body parts they will have the seed itself for their wallet, and should be able to
use any phone to download the wallet software and recover their funds.

Proof Of Business
500,000 FTS from the premine will be going towards the Proof Of Business mechanism, or the POB. People will be able to turn over a 10 second + video of a business owner saying they now accept cryptocurrency thanks to the recorder, and the person that sends in the video will receive FTS Coin in compensation. The first 2,000 submissions will receive 50 FTS coin each for submitting these videos on www.ftsmothership.info after the information has been verified. The next 4,000 submissions will receive 25 FTS coin for their submission. The amount of FTS Coin received for a submission will continue to half like this every 100,000 FTS coin until 50,000 FTS Coin is left in the POB fund. At the point the FTS POB Fund wallet only has 50,000 FTS Coin left people will receive 1 FTS for every business they submit.
For the FTS POB Submissions; It is not necessary the business started accepting
FTS Coin. The only thing that matters is that they started accepting any form of cryptocurrency at all, and were willing to take a video thanking you for teaching them about it. The point of this is to support cryptocurrency mass adoption, not just FTS
adoption!