Author

Topic: Official Launch of Foundchain(FCHAIN) A low supply MN coin. (Read 686 times)

jr. member
Activity: 108
Merit: 7
Mac wallet with MacOS Mojave doesn't work. Contact form on the website doesn't work.

We are working on it and it will be fixed soon. Please check the new topic and will keep you updated
jr. member
Activity: 108
Merit: 7
Hi guys!

This topic has been moved to a new one. Please follow the link and stay tuned

https://bitcointalksearch.org/topic/m.46987176
newbie
Activity: 100
Merit: 0
Mac wallet with MacOS Mojave doesn't work. Contact form on the website doesn't work.
newbie
Activity: 4
Merit: 0
Thank you very much!!!!
full member
Activity: 196
Merit: 100
Your website looks great, very neat and the team looks solid. Foundchain will be one of the coins that I will keep my eye on and I will likely setup a Masternode. I wish more success to FCHAIN!
copper member
Activity: 3
Merit: 0
Hello everyone. Hope is very well with you all.

We intend for the next presale to take place at an exchange and have applied to Escodex.
Escodex is an awesome exchange with great features and fits in very well with FOUNDCHAIN’s vision.
We are in contact with Escodex and have the understanding that the exchange will most probably be available to FOUNDCHAIN within the next 24 hours.
If not, we will go ahead and perform the presale at discord https://discord.gg/qQ5b43.

Relating to the presale it is very important that you read the “Terms of sale” along with the “Privacy Policy” which will be available shortly before presale goes live.
We are doing our very best to be as transparent as possible. Team here are very genuine and all going to be verified very soon.
FOUNDCHAIN project is also very genuine with an ambitious goal.


According to “Pareto” principle, for many events, roughly 80% of effects are as a result of 20% of causes.
This applies to many business startups and in the crypto space, it is more relevant,
with a much higher percentage of success stories resulting from a small percentage of cryptos.

We want FOUNDCHAIN to be among the very small percentage that succeeds.
FOUNDCHAIN’s vision is the creation of multiple platforms that will serve as sidechains to the Foundchain network.
These sidechains are intended to be autonomous with very little human interactions as possible.

We are providing no assurances however special consideration may be given to all masternodes purchased during this upcoming presale.
This is an added bonus that will be offered when it gets to stage of investing in the first platform to be created and not necessarily a claim as part of the presale deal.

FOUNDCHAIN belongs to the community and we will proceed on that front. It is very early stages and we hope you will all join in pursuing this exciting and ambitious journey.

Please join FOUNDCHAIN in leading a trustless revolution to a fairer ecosystem.

It is very important to purchase MN’s only through formal channels.

Please read and acknowledge terms document on website before making a purchase.


FOUNDCHAIN Team
member
Activity: 294
Merit: 11
Our future BTC
According to the news of SEC, if you deviate from your road map Your project falls into scam.
https://twitter.com/Ryugunsun/status/1041819853802176512
Now all the projects should really work, and do not wait for better times
copper member
Activity: 3
Merit: 0
A middleman is a person in the network who connects people to increase the value of that network.

With rapid digitisation, new evolving types of platforms are popping up.

Multi-sided platforms creates value by enabling direct interactions between two (or more) distinct types of affiliated customers.

There is also concept of sharing economy where owners rent out something they are not using, such as a car or house to a stranger using peer-to-peer platforms – “the middleman”.

These platforms exist because there is a need for “the middleman” to match the different sides of the platform in a more efficient and effective way saving transaction cost.



All participating sides are usually charged by “the middleman”.

Personal details are sometimes used or sold by “the middleman”, generating additional income.

“The middleman” platform usually keeps all the income generated without sharing any of the pie.

A system or platform where only one actor takes all the rewards and benefits does not seem fair.

There are countless examples where trust is given to a single actor – “The middleman”.
The middleman usually takes most of the benefits such as income from adverts charge on their platforms and does not give anything back to its users.


FOUNDCHAIN is about a much fairer ecosystem of multiple Special Purpose Platforms.



FOUNDCHAIN is a decentralized network that focuses on empowering “The Middle Man” but a different type of “the Middleman”.

FOUNDCHAIN believes the platform that enables peer to peer exchange is not the most important “middleman”.

All the different affiliated users of the platform connecting to each other increasing value in that network are the most important “middleman”.

The most important "middleman" certainly deserves a slice of the pie.

FOUNDCHAIN thinks customers should also be able to control and monetise their own personal data.




FOUNDCHAIN vision is to create multiple platforms that rewards all active users by redistributing a portion of income generated fairly.

In addition, users will have more control over their personal data, allowing them to share only what is needed for a transaction.



FOUNDCHAIN will achieve this by utilising its decentralised network as a hub and several platforms as spooks to the hub.

These platforms may be sidechains with their own network that connects to the main hub.

Users will only have to register their details once and be able to use all the different platforms.

Platforms will also have rules rubber stamped in codes (smart contracts) to include sharing of income and protection of personal details.

FCHAIN the ticker of FOUNDCHAIN, may be the underlying digital token that empowers them all.


One of FOUNCHAIN target usecase is a Smart Tech Social media Platform where users and providers can trade, showcase their smart gadgets or provide a review.

An incentive from income generated on the platform is given to all good active actors and not just one midlleman eating all the pie.



Please join FOUNDCHAIN in leading a trustless revolution to a fairer ecosystem.


Masternodes Pre-sale

FOUNDCHAIN community will be given the opportunity to invest in the Special Purpose platforms(SPP) to be created via Special Purpose Vehicles (SPV).

Special consideration will be given to those that purchased Masternodes (MN) at upcoming presale phase 2 stage.

It is very important to purchase MN’s only through formal channels.

Please read and acknowledge terms document on website before making a purchase.


copper member
Activity: 3
Merit: 0
Hi all,

Next phase of presale is to be scheduled soon. Previous phase was focused on swaps and that is now completed.

FOUNDCHAIN website is being update. Currently the best place to find out more about FOUNDCHAIN and its developments is on discord with link below

https://discord.gg/qQ5b43

In talks with few expert application/platform development firms and also reassessing the suitability of current network architecture. Seeking the best solution suitable and all possible options are being considered.

Please look out for the next presale phase which will be announced pretty soon.

Thank you.



jr. member
Activity: 310
Merit: 1
Hi! I want to ask you what is the total supply of this coin and what pre mine do u have?
I like the 500 coins MN collateral.
Looking forward.
Total supply:
Code:
18,521,674 FCHAIN

Total premine percentage:
Code:
4.99%
Total premine:
Code:
924,000 FCHAIN


I agree with you; the 500 masternode collateral is cool because the network gets better secured with more nodes, more decentralised, and voting becomes more democratic with more involvement.


I also like the low number of masternode collateral.  so how much will each coin be sold. Can't find any info about presale.
sr. member
Activity: 385
Merit: 257
Open to any CryptoBusiness idea you have for Ghana
Hi! I want to ask you what is the total supply of this coin and what pre mine do u have?
I like the 500 coins MN collateral.
Looking forward.
Total supply:
Code:
18,521,674 FCHAIN

Total premine percentage:
Code:
4.99%
Total premine:
Code:
924,000 FCHAIN


I agree with you; the 500 masternode collateral is cool because the network gets better secured with more nodes, more decentralised, and voting becomes more democratic with more involvement.
jr. member
Activity: 185
Merit: 1
Hi! I want to ask you what is the total supply of this coin and what pre mine do u have?
I like the 500 coins MN collateral.
Looking forward.
sr. member
Activity: 385
Merit: 257
Open to any CryptoBusiness idea you have for Ghana
newbie
Activity: 27
Merit: 1
https://www.foundchain.io
https://discord.gg/R85X6z8

FoundChain


FOUNDCHAIN (FCHAIN) vision is to establish a trust-less (meaning requiring little or no trust) ecosystem that will enrich the lives of its participants.

An ecosystem involves the interactions of living and non-living things in a space or environment.

A trust-less ecosystem is one whereby no single actor is given all the trust to mediate as a middleman. Supported by Master Nodes (MN) and Proof Of Stake (PoS), FCHAIN aims to distribute and minimize the amount of trust required in its ecosystem.

In building a trust-less ecosystem, FCHAIN may initiate or collaborate with other parties to improve existing or create unprecedented applications and platforms that will make it easy for its participants. These improvements and creations will upset the current trust settings and provide greater opportunities as well as a more equitable distribution of rewards for all parties involved.

FoundChain
Approach
In building a trust-less ecosystem, FCHAIN may initiate or collaborate with other parties to improve existing or create unprecedented applications and platforms that will make it easy for its participants. These improvements and creations will upset the current trust settings and provide greater opportunities as well as a more equitable distribution of rewards for all parties involved.

For example, instead of a single actor matching up available room bookings for customers that require rooms and reaping all the benefits, a distributed system like FCHAIN can replace the single actor in providing the service and also assist in sharing the benefits fairly. Without a single actor as the “middleman”, our new ecosystem allows customers and users alike, to benefit and gain simply from actively participating within the ecosystem. Suppliers will also gain from having a direct and better interaction with their customers. It is a win-win situation for all parties involved.



There are countless examples where trust is given to a single actor who reaps most, if not all, of the benefits. FCHAIN aims to identify and develop such opportunities for the benefit of its participants. In order to achieve this, FCHAIN may rely on sourcing finance and mitigating risks through Special Purpose Vehicles. White paper to be released in Q4 2018 (the roadmap will have more details)

FoundChain
Specifications
Coin Ticker
$FCHAIN
Masternode Collateral
500 FCHAIN
Block time
1 minute
Algorithm: Quark; Sw Tx
Masternode rewards: 60%
Proof-of-Stake rewards: 30%
Budget: 10%
Masternode/PoS
A FoundChain Masternode is
the best way to earn FCHAIN
Staking maturity time
2 hours ~ If Masternode
setup is difficult, try staking!
FCHAIN
Coin Rewards
(60% MN / 30% PoS / 10% budget)
1,001 - 11,956 = 6 FCHAIN

11,957 - 22,912 = 8 FCHAIN

22,913 - 44,827 = 10 FCHAIN

44,828 - 66,742 = 8 FCHAIN

66,743 - 88,657 = 6 FCHAIN

88,658 - 110,572 = 4 FCHAIN

110,573 - 2,211,412 = 2 FCHAIN

2,211,413 - 4,318,252 = 1 FCHAIN

4,318,252 - 6,422,092 = 1 FCHAIN

6,422,093 - 8,525,932 = 1 FCHAIN

8,525,933 - 10,629,772 = 1 FCHAIN

10,629,773 - 12,733,612 = 1 FCHAIN

12,733,613 - 14,837,452 = 1 FCHAIN

FCHAIN Roadmap

Q3 2018
Rebranding (New name/ticker)
Core team formation
Website initial launch
Pre-sale (first phase)
Network and explorer launch
Pre-sale (second phase)
Marketing - Social media platform/bounties
Bitcoin talk
New exchange listing
Q4 2018
Mobile wallet development
Additional exchange listing
Shared Masternode partnership
Initial white paper release
Research other use cases
Website update
Q1 2019
Mobile wallet launch
Partnership matching exercise
Funding activities
Network code audit
White paper update
Q2 2019
Partnership announcement
Platform Developments
Additional exchange listing
Budget allocation/spend report
Marketing initiatives
Research and other developments
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