FutureFi Review: Is it a Safe Project?
Blockchain technology has expanded rapidly around the world in the past decade, mainly because it has revolutionized the age-old centralized storage system, which enables secure storage of records through a decentralized system without fail. It has helped, most importantly, blockchain technology, to take the importance of data security to a whole new level, allowing the people to gain control over their data.
Taking note of the current scenario, there is the rapid adoption of blockchain technology by some of the major sectors around the world and there is a constant effort to increase the role of some blockchain technology, as well as blockchain-based projects such as cryptocurrencies. There is a famous, in which people are actively participating day by day, there is one such blockchain project, named Futures Finance (FuFi), so today we are going to tell you in detail in this blog, what is Futures Finance? and how it works.
Review and Analysis of FutureFi(FUFI) Blockchain
Futures Finance (FutureFi) is a new age Blockchain, which is built by combining leading technology like Web 3.0, and Artificial Intelligence (AI); In simple terms, FutureFi is an upgrade version of Blockchain technology, which with new updates Facilitates the development in the blockchain space, provides users with a better and convenient experience through various financial products including the crypto space.
Key Features of Futures Finance(FutureFi) Blockchain
The major drawback with most of the existing blockchain frameworks is slow transaction speed and high transaction fees, as well as low or limited scalability. FUFI has come up with a solution to address the issue that has been plaguing the blockchain for so long by harnessing the power of artificial intelligence (AI). Using AI and ML FuFi blockchain can process 250k transactions per second. Their goal is to increase the transaction speed to 1 million transactions per second in the coming years.
As you know, the transactions are stored in blocks of the blockchain, it takes only 1 second for the futures finance blockchain to create a new block, which also reduces the network traffic.
Fully Secure and Flexible
The most important of any technology platform, is the privacy of users Futures Finance dApp offers all services to users in a flexible manner, that too with complete privacy.
FutureFi FUFI coin is the native cryptocurrency of Future’s Finance. In terms of Altcoins, this is a fairly strong coin. You can buy FUFI on an exchange like LAToken or Indoex or directly from the FUFI Edge wallet by swapping it for TRX. Holders of FUFI Coins can use the native currency to transact or reinvest in the FUFI platform in exchange for other benefits.
Let’s look at the FUFI Coin Tokenomics:
- Total Supply: 10,000,000,000
- Current Circulating Supply: 812,205.00 FuFi
- Coins Team Allocation: 15% i.e 1,500,000,000 FuFi
- Staking rewards and giveaways:15% i.e. 1,500,000,000 FuFi
- Coins Allotted for Marketing Expenses: 5% i.e. 500,000,000 FuFi
- Coins Allotted For Sale: 45% i.e. 4,500,000,000 FuFi
- Coins Allotted For Development: 12% i.e. 1,200,000,000 FuFi
- For maintenance: 8% (800,000,000 FuFi)
FutureFi Ecosystem — Introduction of Novel Ideas
Apart from blockchain Futures Finance hosts multiple services that include TradeKIA, CryptoXIN, TradeBro, and FufiEdge. Let’s take a brief dive into each of these services.
TradeKIA is a discount derivatives exchange of the futures finance ecosystem, which offers a fixed trading fee, whether you trade 0.1 BTC or 1000 BTC at TadeKIA paying only a $1 per trading fee.
CryptoxIN is a social community powered by blockchain technology, equipped with an audio or video call and Hubin broadcasting capabilities, designed to provide the next generation of services in the digital/virtual world including the metaverse.
TradeBro acts as an alternative to the existing Market Maker, aiming to solve its volume issues for various crypto projects by resolving price manipulation and supply-demand issues.
FuFi Edge is an ownership wallet for all FuFi holders, which acts as a source to become SID (Sole Interest Deployer) and EBP (Edge Block Producer) for all, as well as for all users in a single platform FuFi makes available all assets created.
FutureFi’s blockchain infrastructure is scalable and efficient enough to handle millions of transactions in a matter of seconds. Futures Finance is an upgrade version of Blockchain technology, which provides secure and convenient financial service to its users by hosting multiple services, as there is no third-party involvement in the Futures Finance Blockchain, thereby reducing the transaction cost. It is secure and transparent.