$XFD is a revenue-sharing token that confers its owners a right to a portion of revenues or fees generated by Findev's products and services.
$XFD holders also benefit from gains of cryptocurrencies that are tokenized by Findev.
The Findev Token (XFD) is limited to a maximum supply of 500 million XFD and is an Ethereum based ERC-20 token. This supply limitation is implemented into the smart contract and cannot be changed or manipulated by Findev or any third party.
October 1, 2021
1 XFD = $0.004
October 15, 2021
1 XFD = $0.005
November 5, 2021
1 XFD = $0.007
150,000,000 XFD (tokens not sold will be burn)
500,000,000 XFD
USDT, TRY
30% of the total tokens allocated to the sale can be subdivided into 3 stages such as Private Pre-Sale, Pre-Sale and Crowdsale. Participation in all stages requires a minimum purchase of 100 XFD.
The price per token for the Private Pre-Sale is 1 XFD = $0.004, Pre-Sale is 1 XFD = $0.005 and 1 XFD = $0.007 for the Crowdsale
Every investor can join Stage 1 sales. There are 20 million XFD tokens are for sale. The XFD tokens acquired through the sale are tradeable from the moment they are purchased after Stage 3 sales ended.
Every investor can join Stage 2 sales. There are 30 million XFD tokens are for sale. The XFD tokens acquired through the sale are tradeable from the moment they are purchased after Stage 3 sales ended.
Every investor can join Stage 3 sales. There are 100 million XFD tokens are for sale. At the end of Stage 3, Tokens not sold will be burn. The XFD tokens acquired through the sale are tradeable from the moment they are purchased.
Funds are used to acquire new users for the exchange platform and grow engagement in its voting utilities, P2P user experiences & marketplace.
Funds will be used to build awareness, foster growth, create partnerships, get listing on other exchanges.
Distributed as on a per-need basis, then locked 8 months and 25% released monthly thereafter.
All tokens of the founders of the fund and the team will be covered by a lockup for 2 years.
This means that for 2 years after issuing the tokens, the founders and team tokens cannot be sold. This guarantees a very large commitment of the founders and team in the operation of the fund and in the efforts to increase the value of tokens.
Lockup of the fund founders and team tokens is stored in a smart contract issued to the blockchain and cannot be removed by anyone in any way.
The lockup mechanism is commonly used in the issue of shares on traditional exchanges for IPO (Initial Public Offering), in the world of cryptocurrencies it is less widely used and we intend to set a good example to follow for other ICO's.
At Findev we approve of the Fair Launch principle and have worked to design a way to mitigate the issues experienced by other tokens, to find a robust but equitable path forward..
Findev's XFD tokens are available to everyone who wishes to acquire them. This provides an equal opportunity for both a retail investor and an institutional investor to buy tokens at the same time, without either of them having an unfair advantage. All the sale stages are available for anyone. There is no limitation or private community sales.
The XFD tokens acquired through the sale are tradeable from the moment they are purchased after Stage 3 sales ended. As there is no lock-up period for these tokens, it enables the users to liquidate their investments any time they deem fit.