Dear traders, FOIN is now available on our platform.
FOIN, short for «Financial Coin», is the decentralized peer to peer cryptocurrency for the finance sector.
Currently addressing the issue of the global siloed investment scene, but not limiting itself to this sector for the future, FOIN aims to be the cryptocurrency bridging the finance sector with the personal investors by acting as a highly curated investment medium.
FOIN will act as the de-facto cryptocurrency coin within this ecosystem made of financial services providers, blockchain applications and A.I. (artificial intelligence) modules.
From a technological point of view, the FOIN network uses the PoS.Proof of Stake is a novel consensus mechanism for cryptocurrencies that is an alternative to PoW (Proof of Work), which is the most widely used consensus mechanism. From a technical point of view, FOIN is a hybrid cryptocurrency, meaning it uses Proof of Work for the initial distribution of coins but then switches to fully Proof of Stake to provide the network security.
Proof of Stake, as the main consensual mechanism, allows for a more secure, environmentally friendly and more competitive cryptocurrency.
Stay with us. Soon there will be new coins