FTX(FTT)Project Analysis
1. Short review by the Institute
As one of the world's top exchanges, ftx not only has quality products, but also has good liquidity. In terms of compliance is even in the industry's leading position, favored by many institutions. In this storm FTX encountered some problems, but the probability of the final perfect solution, is the right time for low layout.
2, The recent breaking point
FTX's capital reserve was questioned, and the token price plummeted.
3, project introduction
The FTT token is a utility token for the FTX ecosystem, a crypto derivatives trading platform built by cryptocurrency liquidity provider Alameda Research.
4、 Token role
1、 Hold FTT can participate in the platform ieo
2, hold FTT can reduce the fee
3、 Enjoy OTC discount
5、 Token distribution
Total issue: 350 million
Pre-sales 16.94%
60% of unsold tokens.
(Risk Supplement 5%)
Security provision 5%
FTT Liquidity Fund 20%
Team holdings 20%
Advisor Advisory Fund 5%
Corporate holdings 25%
Exchange Eco-Building Fund 10%
(User Growth Fund 10%)
Unknown use: 13%
6、Investment institutions
Redshirt Capital, binance labs, Multicoin Capital, Paradigm
7、Future Outlook
FTX is the industry's top trading platform, the volume is large enough, and the platform involves a wide range of businesses Token FTT has real value. It is not a simple ponzi money plate like luna, but the current storm does have a certain impact on the platform, and the short term price drop will recover with the end of the storm.
Basic information
Project Description
Token name: FTT
Project website: https://ftx.com/
Block query: https://etherscan.io/token/0x50d1c9771902476076ecfc8b2a83ad6b9355a4c9
https://explorer.solana.com/address/AGFEad2et2ZJif9jaGpdMixQqvW5i81aBdvKe7PHNfz3
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CoinW Institute
2022/11/8
