FuturoCoin Stocks, USD price, market cap

FuturoCoin (FTO) is a cryptocurrency created in 2018 by FuturoCoin Ltd, a UK-based blockchain technology company. FTO is a decentralized digital asset built on the Ethereum blockchain and is designed to be used as a medium of exchange. It is the first cryptocurrency to be backed by a physical asset, the FuturoCoin Reserve, which is made up of gold, silver, and other precious metals. The Reserve is held in a secure vault in London, with the total value of the Reserve being equal to the total value of all FTO in circulation.

FuturoCoin is a deflationary currency, meaning that the total amount of FTO in circulation will decrease over time as a result of burning. This burning process reduces the total supply of FTO, making it more scarce and increasing its value over time. The burning process is triggered whenever FTO is used for a transaction, with a portion of the coins being destroyed and the remaining coins being redistributed to all FTO holders.

The FTO blockchain is designed to be fast, secure, and energy-efficient. It is powered by a hybrid consensus protocol that combines both Proof-of-Stake (PoS) and Delegated-Proof-of-Stake (DPoS) algorithms. This allows for high transaction throughput and low fees, making it ideal for everyday use.

The FTO blockchain is also designed to be highly secure, with its own built-in security features such as multi-signature wallets and cold storage wallets. Additionally, the blockchain is secured by a network of masternodes, which are computers that are dedicated to running the blockchain and verifying transactions.

FuturoCoin is also designed to be user-friendly, with a simple and intuitive user interface. It also has a built-in wallet, which allows users to store, send, and receive FTO.

The FTO token is listed on several cryptocurrency exchanges, including HitBTC, YoBit, and Livecoin. It is also available for purchase on several fiat-to-crypto exchanges, including Kraken, Coinbase, and Binance.

In conclusion, FuturoCoin (FTO) is a deflationary cryptocurrency that is designed to be used as a medium of exchange. It is backed by a physical asset, the FuturoCoin Reserve, and is powered by a hybrid consensus protocol. It is also highly secure, user-friendly, and available on several exchanges.