In brief:
- FTN will serve as the utility token for all Fastex’s products and services.
- The token sale sold out within three days.
- More than 100 gaming partners chose FTN as their in-game token.
Fasttoken, the utility token of SoftConstruct-incubated Fastex, has reportedly raised $23.2M from a token generation event on Jan. 18, which sold out within three days.
Fasttoken (FTN) has a dedicated community behind it which showed its love and dedication to Fastex’s project by buying all the available tokens within three days. It was also preceded by a private sale of FTN to investors.
FTN serves as the utility token for all Fastex’s products and services. It is also the native token of Fastex Chain. This recently launched proof-of-staked activity blockchain solution will enable the FTN token to be deployed for staking and block validation.
The Fastex economy will also include some extra exciting features:
- An NFT marketplace (ftNFT)
- A crypto payment service (Fastex Pay)
- A gaming metaverse (FastexVerse)
- An exchange for spot trading (aFastex)
“We’re excited for the next phase of growth for Fasttoken and the Fastex ecosystem. Our goal has always been to bring the benefits of web3 to game players and our gaming partners, and we’re laser-focused to make that happen,“ said SoftConstruct Co-Founder Vigen Badalyan in a statement. He also talked about how grateful he is to all those gaming partners that chose FTN as their in-game token! “We are also immensely grateful to the more than 100 gaming partners who have chosen to adopt Fasttoken as their in-game token.”