Financie Token
  • Financie Token - FNCT
  • Disclaimer
  • What is FiNANCiE
  • Challenges and Solutions of Creator Economy
    • Background
      • East India Company Changed the Way to Obtain Challenge Funds
      • From the “Company” to the “Individual”
      • The Relationship between “Fan” and “Creator”
    • Challenges of Creator Economy
      • Profits Are Concentrated on Huge Platforms and a Handful of Creators
      • No Mechanism for Giving Back to the Fans
    • Solution Offered by FiNANCiE
      • Features of FiNANCiE (Crowdfunding 2.0)
      • FiNANCiE and FNCT
  • About the Project
    • Why Blockchain is the Appropriate Technology
      • Proof of the Token’s Authenticity
      • A Safe Secondary Distribution
      • An Open Interchangeability with the Broader Economy
    • FiNANCiE Lightning and Past Achievements
    • Expansion of Blockchain Market and Use Case
      • The Expanding Blockchain Market
      • Expanding Use Case: Fan Tokens
    • Expanding the Token Economy Through FNCT
  • Project Overview
    • FiNANCiE(Crowdfunding 2.0)
      • Issuance of CT (Funding / Initial Sale)
      • Applications of CT
      • CT Marketplace (Secondary Distribution)
    • FNCT(Financie Token)
      • Participation in Governance
  • Technical Specifications
    • CT
    • FiNANCiE Lightning
      • IPFS Log Format
      • Anonymization and Zero-Knowledge Proof
      • Record of History Hash Value
    • FNCT
      • Implementation / Distribution Platform and Token Standards
      • Means of Distributing Community Rewards
    • Token Ecosystem of FNCT
      • FNCT Staking
      • Incentive Rewards
        • Validation Reward
        • Community Token Holding
      • Utility
        • Governance
        • Exchange with CT (Consumption)
        • Grade Benefits
        • Community Donation
      • Buyback & burn
      • Improvement Continues
  • FNCT Token Sale and Usage Plan
    • Token Sale (IEO) Overview
    • Distribution of FNCT Holders
      • Initial Distribution of FNCT
      • Uses of Procured Funds
      • Lock up for Team
      • Release of Allocation and Market Distribution Volume
  • Roadmap
  • Team
  • Community
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  1. About the Project
  2. Why Blockchain is the Appropriate Technology

A Safe Secondary Distribution

In order to guarantee token value and ensure that owners (sports clubs and creators who issue tokens) and supporters (fans who purchase tokens) enjoy the financial benefits, it is crucial to secure secondary distribution of the tokens. This is essential to maintain a sustainable framework where owners are becoming more strongly committed to realizing their visions, the number of supporters is increasing, and token values are enhancing. When it comes to the secondary distribution transaction of tokens, it used to be necessary to have audits and escrows by a third party since tokens and money need to be exchanged mutually. However, token transactions can be conducted securely without a specified third party by processing through a smart contract over the blockchain.

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Last updated 2 years ago