LBank Exchange, a global digital asset trading platform, will launch Future of Fintech (FOF) on Friday, July 15, 2022. For all LBank exchange users, the FOF/Tether (USDT) trading pair will officially open for trading at 6:00 am UTC on July 15, 2022.
As one of the most versatile cryptocurrency tokens, the Future of Fintech (FOF) plays a key role in several projects of the FOF Group, including financial operations, decentralized finance (DeFi), e-commerce and Metaverse projects. The FOF token will be listed on the LBank exchange on July 15, 2022 at 6:00 AM UTC to further expand its global reach and help it realize its vision.
Introduction of FOF Group
FOF Group is a comprehensive group integrating the development and operation of cryptocurrencies, foreign exchange, futures, smart contracts, and blockchain. At present, FOF Group has four foundation projects, including the financial business of Ngel Foundation Malaysia, the decentralized platform business and Metaverse project of Mindvirus Foundation Korea, and the shopping mall and payment of Ngel Foundation Korea.
FOF Coin will be the main currency for all platforms and transactions in the Ngel ecosystem:
FOF Coin is a financial coin that supports the trading of the following products through ngelpartners.com: Contracts for Difference (CFD), cryptocurrency trading, futures trading, stock trading and foreign exchange (FX) trading.
It also has a system that allows users to share the profits of financial transactions by holding FOF coins and participating in mining through fofmine.com.
Ngel Partners is licensed for several financial transactions.
The Labuan Financial Services Authority of Malaysia grants a license for cryptocurrency and financial companies.
Financial platform for Ngel partners
NGEL partners are licensed for a number of financial businesses including: asset management, foreign exchange and CFD arbitrage, cryptocurrency trading and token issuance, copy trading, futures trading, options trading and derivatives business.
The financial platform of Ngel’s partners is up and running. These platforms include forex trading, copy trading and cryptocurrency derivatives trading. Each platform will integrate FOF tokens as tokens for key circulation.
The decentralized platform project is powered by the Mindvirus Foundation and uses the BNB smart chain BSC as an important currency for mining. FOF Group’s native token, FOF, will serve as the main cryptocurrency exchanged on the platform. Like shareholders, FOF token holders will receive a portion of the revenue generated by the platform.
Additionally, FOF tokens are accepted as a payment method by many online shopping sites through cooperation with various payment companies including Mastercard and UnionPay. There are also plans to release a loyalty card in the future that will bring additional benefits to e-commerce shoppers.
Finally, with Metaverse becoming the backbone of the Web3 movement, the FOF project prepares for one of the most ambitious projects in the online experience. Metaverse will feature fully realized avatars, virtual real estate, virtual stock trading, cryptocurrency exchanges, real wealth trading, and online gaming. The FOF token will also play a central role in this upcoming Metaverse project.
The FOF project, including derivatives, DeFi, Metaverse, non-fungible tokens and payment service providers, is expected to be one of the most comprehensive. Backed by an experienced team with backgrounds in finance, blockchain and marketing, FOF will be one of the most ambitious projects in the cryptocurrency space.
About FOF tokens
Future of Fintech (FOF) can be used to exchange tokens for all FOF Group projects, including financial business, DeFi, e-commerce and Metaverse projects. With the development of the project, there will be more and more applications of FOF coins. This in turn will generate more profits to maintain and grow the project and compensate FOF token holders.
Based on the BEP-20 protocol, FOF has a total of 200 million tokens. It will be listed on the LBank exchange on Friday, July 15, 2022 at 6:00 AM UTC. Until then, investors interested in FOF investment can easily buy and sell FOF tokens on the LBank exchange. Listing FOF on the LBank exchange will undoubtedly help the company continue to grow its business and attract more attention from the market.
About LBank Exchange
Founded in 2015, LBank Exchange is an innovative global crypto asset trading platform. LBank Exchange provides its users with secure encrypted transactions, professional financial derivatives and professional wealth management services. It has grown into one of the most popular and trusted cryptocurrency trading platforms with over 7 million users from over 210 locations around the world.
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