What Is Funcoin Token (FT)?
Funcoin Token (FT), also known as “Global Universal Points,” is a blockchain-based rewards system designed to incentivize user participation across the Funcoin ecosystem. Users can acquire FT through:
- Point Card Purchases: Buying eligible point card packages (with ETH) grants bonus FT tokens.
- Promotional Campaigns: Time-limited events may offer additional FT rewards.
👉 Discover how FT integrates with cutting-edge blockchain applications
Tokenomics: Supply and Allocation
FT has a fixed total supply of 3 billion tokens, distributed as follows:
| Allocation Purpose | Percentage | Token Amount | Unlock Schedule |
|---|---|---|---|
| Point Card Rewards | 6.65% | 200M FT | Immediate |
| Transaction Mining Rewards | 66.7% | 2B FT | Hourly distribution |
| User Referral Program | 13.35% | 400M FT | Gradual release |
| Team Incentives | 6.65% | 200M FT | 10% annual unlock after Year 1 |
| Funcoin Fund (Investments) | 6.65% | 200M FT | 20% annual unlock after Year 1 |
11 Key Utilities of FT Tokens
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Transaction Mining: Users receive 110% of trading fees refunded as FT hourly (calculated using volume-weighted average price).
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Profit Sharing: 50% of platform fees are distributed to FT holders as dividends.
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Buyback Mechanism: 20% of fees fund automatic buybacks when FT drops >20% in a day. Purchased tokens are permanently burned.
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Asset Reserve Fund: Another 20% of fees bolster FT’s value through strategic initiatives like:
- Special dividends
- Airdrops
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Bonus reward systems
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Gaming Hub Currency: FT serves as the universal currency for Funcoin’s upcoming blockchain gaming platform (launching with 100+ games).
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C2C Merchant Collateral: Traders use FT as verification deposit to gain premium account status.
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Voting Rights: Exclusively used for community-driven “Vote-to-List” decisions for new cryptocurrencies.
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Project Listing Fee: Token projects pay FT to access Funcoin’s “Self-Listing” service.
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Holder-Exclusive Events: Priority access to airdrops, presales, and platform promotions.
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Trading Pairs: Actively traded against USDT and ETH.
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Governance Influence: FT holders shape platform development through prioritized voting on proposals.
👉 Explore how FT compares to other utility tokens
Historical Milestones
| Date | Development Phase |
|---|---|
| August 2018 | Initial point card system launch |
| August 20, 2018 | Transaction mining activation |
| September 2018 | Token listing voting system implemented |
| October 2018 | Gaming platform beta release |
| December 2018 | Windows client deployment |
Frequently Asked Questions (FAQ)
How does transaction mining work with FT?
Every hour, the platform converts 110% of your paid trading fees into FT tokens based on that hour’s average FT price. This reward system runs continuously from 00:00 UTC+9 daily.
What happens to bought-back FT tokens?
All repurchased tokens are sent to a publicly verifiable blockchain address with no private key—meaning they’re permanently removed from circulation to enhance scarcity.
Can I earn FT without trading?
Yes! Participate in:
– Referral programs
– Governance voting
– Platform feedback initiatives
– Future gaming activities
When will FT’s gaming features launch?
The first batch of 100+ blockchain games was scheduled for late August 2018, with progressive rollouts continuing through Q4 2018.
How often are FT dividends distributed?
Profit-sharing occurs continuously, with 50% of all platform fees automatically allocated to FT holders proportionally.
Why hold FT long-term?
Beyond trading gains, benefits include:
– Recurring dividend income
– Exclusive ecosystem privileges
– Appreciation potential from token burns
– Governance rights over platform evolution