FCFT’s Ecosystem 🏏
We have already talked with you that each problem has its own solution, and FCFToken finds it. But today we will go a little further. Today we will talk about the whole ecosystem of our project.
The key to creating a sustainable FCFT economy is the mandatory requirement for users to earn or purchase FCF Tokens from participating in daily fantasy sports, sports betting, and gaming businesses or the Smart Trade Zone Xchange (STZ) & Smart Bet Zone (SBZ).
🧊 In this manner, the FCFT shall create an ongoing demand for the FCFT for participation in games, challenges, and bets via the FCFT platform via a rewards bucket that incentivizes user activity.
The internal FCFT economy shall interact with the external cryptocurrency economy via its conversion into fiat, other paired cryptocurrencies, or local currency via the STZ Xchange or various other global exchanges.
🧊 In this manner, participants may trade in and out of FCF Tokens and swap between the FCFT internal and external economies at their discretion.
Supply of FCFTs by participating businesses via their respective rewards buckets shall be limited to their initial FCFT allocation, after which all FCF Tokens must be traded (sold and purchased) on participating exchanges.
The growth of the international FCFT community and the FCFT itself will be instrumental in driving new users to the site. The FCFT ecosystem starts when a user signs up and participates in pre-sale and is rewarded with FCF Tokens as a Pre-sale bonus. Simultaneously, user excitement should increase by the sheer size of the prize pools. This in turn may encourage the use of stored FCFTs or the purchase of new FCFTs to participate. The rewards bucket and the prize pool bucket described later are designed to facilitate direct user growth.
🧊 In this manner, the FCFT economy shall be stimulated early and then diminish in supply once demand has been established, requiring players to purchase the FCFTs from the STZ Xchange and other partnered exchanges. This is expected to create scarcity to allow the market to determine the appropriate FCFT price and create a gradual, but steady, upward pressure on the token value.
Stay tuned to talk about the most important details regarding our project. Next time we will talk about the details of the FCFT token itself.
🔗 FCFT links: 🔗
Website: https://fcftoken.com
Twitter: https://twitter.com/bettingtoken
Telegram Official Group https://t.me/fcftoken1
Telegram Announcement Channel: https://t.me/fcftokenan
Medium: https://fcftoken.medium.com
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Fantasy Cricket Fan Token (FCFT). Smart Bet Zone(SBZ). Smart Trade Zone(STZ)