This derivative is one of the most common instruments in the financial market, which assumes only cash payments between the participants in the amount of the difference between the futures contract price and the actual asset price at the contractual settlement date without physical delivery of the basic asset. It is normally used for protection from basic asset price risks or for gambling in futures.
This is one of the most popular financial instruments. It represents a contract, under which the buyer of the option (potential buyer or potential seller of a cryptocurrency) receives a right, but not an obligation, to buy or sell this currency at a pre-agreed price at a certain moment in the future pecified by the contract or during a certain period of time.
In this case, the seller of the option has an obligation to accordingly sell the asset to or buy it from the option buyer under the option’s conditions. Options and futures are very similar financial instruments, but they have some fundamental differences. When dealing with a future, the buyer must purchase (or sell) the asset at the expiration of the contract term or pay the difference in price, whereas with an option, the buyer can refuse to do it.
*According to the information of the Bank for International Settlements (BIS)
** According to the information at www.coinmarketcap.com ***Forecast
For the purposes of initial fund raising, special FC tokens will be issued and privately sold before they enter the exchanges.
Total of 1,000,000,000 FC tokens will be issued, 63% of which are planned to be privately sold, and 2% – distributed under Bounty program. With the help of the private sale of tokens, we plan to attract 250 BTC, that is the price of 1 FC token at the initial floatation will be calculated as follows:
FC=250 BTC / 630 000 000 tokens FC=0.0000004 BTC
The remaining 35% will be distributed among advisors and the project team members and invested in the platform development.
|Token name||Token type||Sale starts||Sale ends||Soft cap||Hard cap||BOUNTY|
|FC||ERC20||March 5th, 2018
|April 15th, 2018
|150 BTC||250 BTC||Yes|