FOUNDCHAIN’s vision is the establishment of a trustless (meaning require little or no trust) ecosystem whereby no single actor holds all the trust to mediate as a “Middleman”.
FOUNDCHAIN (FCHAIN) is a decentralized network that focuses on empowering “The Middle Man” in its ecosystem. A middleman is a person in the network who connects nodes to increase the value of that network.
Multiple platforms will be originated that may utilize FCHAIN (FOUNDCHAIN digital token) and by embedding trust in codes via smart contracts and algorithms, “Middleman” including users, providers, connectors and other stakeholders on those platforms will be empowered.
Supported by Master Nodes (MN) and Proof of Stake (PoS), FOUNDCHAIN aims to initiate or join with other parties to create multiple platforms that enhances seamless interactions with FCHAIN the underlying digital token.
To establish a trustless ecosystem, multiple platforms (start-ups or partnerships) which may be separate entities will be created.
These creations are positioned to have improvements that provide greater opportunities that will make its participants lives easy.
FOUNDCHAIN network may serve as the central hub with multiple platforms as spokes that utilize FCHAIN (digital token of the network) to streamline interactions and enable rewards to be split in a fair manner.
Platform governance rules may be embedded in code resulting in low transaction cost and this may attract “The Middleman” of all sorts including developers, partners, providers, users, agents, and other stakeholders.
Network effect may be triggered as more platforms and applications are created in FOUNDCHAIN’s eco-system thereby increasing the value of the FOUNDCHAIN network.
By identifying gaps between different platforms and designing bridges that link them in a positive manner, unprecedented benefits may also be derived further increasing the value of the network as a whole.
FOUNDCHAIN Community is the bedrock of FOUNDCHAIN ecosystem. Initial Community including FOUNDCHAIN team were made up of the Community of an abandon digital currency. They have one theme in common, to pursue a viable project using blockchain technology that will make others’ lives easy.
FOUNDCHAIN Community initially comprises of FCHAIN holders across the globe who run nodes or stake FCHAIN in their wallets, thereby providing transparency and trust validating blocks of transactions. For their commitment, they receive regular rewards in FCHAIN.
FOUNDCHAIN’s vision whereby multiple platforms are established in its ecosystem utilizing FCHAIN is to make the lives of Communities around the globe easy.
These Communities will stretch and touch Communities of other brands beyond that of FOUNDCHAIN decentralized network and in the process enable those brands to support and enrich lives of their communities in a less effort way.
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 thinks that is wrong and wants to change that.
FOUNDCHAIN will create platforms that add value by facilitating transactions and enabling direct interactions between two or more customer bases. Unlike most current multi-sided platforms, FOUNDCHAIN will distribute benefits fairly to all participants
Network effect in terms of FOUNDCHAIN is simply the increase in value of the platform as more users come on board. The proposition of sharing income generated with users of the platform among other participants has a strong pull effect that will attract users to the platform.
Special Purpose Vehicles
In order to replace “The middleman” and redistribute benefits fairly, FCHAIN may seek finance and other resources as well as share risks through setting up “Special Purpose Vehicles”. A Special Purpose vehicle is a legal entity created for a limited purpose including reducing risks and raising capital. FOUNDCHAIN community will have the opportunity to invest in these Special purpose Vehicles.
FOUNDCHAIN may start-up or join forces 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 more equitable distribution of rewards for all parties involved.
FCHAIN is the digital token ticker for FOUNDCHAIN. Its main deployment will be utilization on multiple platforms.
These multiple platforms that will be created may involve seeking finance among others and FOUNDCHAIN Community will be given the opportunity to invest. Mainstream projects usually rely on seeking finance based on only 2 decimal place currencies making the lowest sum to invest in those projects very high and unaffordable. FCHAIN token is to 8 decimal places and this will allow huge investment requirements to be broken down into affordable amounts.
FOUNDCHAIN Community may also be able to participate by making suggestions and voting in matters that are focused on pursuing its vision.
FOUNDCHAIN network is more energy efficient than other Proof of Work (PoW) cryptocurrencies due to the Proof of Stake (PoS) consensus mechanism. A network of Master Nodes (MN) maintain the FOUNDCHAIN blockchain. It incorporates budget funding where 10% of block reward for a month is generated in a super block.
Target platforms include a smart tech video platform (social media) where users can showcase their smart gadgets or provide a review.
By acquiring and using FCHAIN, you understand and acknowledge the risks involved in dealing with virtual currencies or tokens and in particular FCHAIN.
FOUNDCHAIN community may be given the opportunity to invest in the platforms to be created by Special Purpose Vehicles.
Special consideration may be given to those that purchased Masternodes (MN) at pre-sale phase 2 stage for investment in the first platform. It is very important to purchase MN’s only through formal channels. Please read terms of sale document at bottom of page before buying a masternode.
FOUNDCHAIN TEAM have one theme in common, to pursue a viable project using blockchain technology that will makes others lives easy.
Discord Name: Paps#8492
Discord Name: Chad#5214
Discord Name: DeltaX#3303
Discord Name : RitE#6713
Discord Name : SiratHashimi#4699
Discord Name : NewMan#0844
Discord Name : kingkong#8843
Discord : Thanos Saves#6954
Discord Name : ozziej#4031
Discord : CanadianCrypto#3725
Discord Name :
Discord Name :
Here is our full documents that help you to understand about us.
Please find below some frequently asked questions.
Please contact us at discord https://discord.gg/Mh3Vjpt if you have any more questions.
MN is a computer wallet or full node that supports the blockchain network by hosting a full copy of the blockchain ledger in real time. In return, the MN will receive crypto coins as a reward.
PoS is also a computer wallet or node but not necessarily a full node, that supports the blockchain depending on how much more coins one hold. The more you hold, the more mining power you have.
FCHAIN may rely on sourcing finance and mitigating risks through Special Purpose Vehicles. White paper to be released in Q4 2018 will have more details.
A legal entity created for a limited purpose including the acquisition and/or financing of a project.
Master Node (MN) prices for each stage of presale is different. Best to check from discord https://discord.gg/qQ5b43 for the current presale price.
Most if not all current team members where members of Apeiron community which was sadly abandoned. These Apeiron community members attempted to takeover Apeiron but did not get the cooperation of some of the exchanges. Subsequently a new block chain with a new vision was created and an optional offer was given to Apeir holders
Within 24 hours
FCHAIN is the ticker and represents the digital currency on FOUNDCHAIN network
The maximum supply is 18,521,674 FCHAIN
The collateral amount is 500 FCHAIN
FOUNDCHAIN (FCHAIN) is a decentralized network which is supported by Master Nodes (MN) and Proof of Stake (PoS) Consensus mechanism