Filipcoin - A Reliable transaction system under the blockchain technology.
Blockchain is a revolutionary technology which has changed the concept of mutual transactions and has created a decentralized ecosystem where the users can do peer to peer transactions without any third party involvement. The transactions are executed in a safe, fast, transparent and anonymous environment. With the next level evolution of blockchain technology, the concept of Decentralized finance (DeFi) has come in to existence which is allowing all finance related transactions on blockchain. With the help of DeFi,Users can sen or receive finance & real assets by using decentralized ecosystem of blockchain technology. Ans by using DeFi applications and protocols users can earn passive income via staking and liquidity mining.
The most common field related with humanity is mutual transactions and trading. Where lots of fund transfers and settlement of payments are done. The current modes of mutual transactions are now obsolete because the nature of multiple technology development has put its great impact and with rise of blockchain the total scenario is changed. Blockchain technology has proved its importance and worth and is now well accepted by mass people as they trust and use this innovative technology. We are seeing further developments in blockchain technology and many new projects with further improvements and unique ideas are emerging in market.
Filipcoin
Filipcoin is built on blockchain technology and is a Defi protocol that is created by innovative developers to create social capital platform for service economy applications. The users of the platform are free to transact worldwide as per their requirement and are no third party obstacles and not boundaries limitations on the platform. The goal of the platform is to develop and innovate its own blockchain technology which focuses on the decentralized finance, a system of service economy application that will provide practical solutions for users, investors, and developer partners. It utilizes a value of system protocol to achieve the transferring of payment on peer to peer basis, and to build a decentralized platform supporting the service economy applications that is highly flexible in terms of adaptation, convenience, reliability, security and allows the development of partnerships.
A Reliable transaction system under the blockchain technology
Filipcoin project is next level technology development of this chain. It is an open source protocol which is well loaded with all the applications and protocols of blockchain technology with further improvements. Filipcoin has its unique innovative smart contracts and it provides the super fast speed as compares to the existing technology. The major concern for the investors and traders is high speed operations and also full security against huge market up downs, manipulators and hacks. Filipcoin platform runs on its innovative blockchain and shows distributed ledger with p2p transactions. All data is well stored and is accessible to users. The smart contract nodes provide proper security and it is not possible to manipulate data at any cost, thus providing an ecosystem for investors to invest and trade freely as fast speed assembled with tight security is the key feature of this growing platform. This will create trust in the market and more and more people will join and use this platform and this will create more and more liquidity.The market game is well affected via liquidity factor and this platform has much potential because of its sound technology that it will become hot pick in the market.
Fast & Secure platform
All the transactions are executed via smart contracts on blockchain. The transaction details are broadcast on blockchain and the date is safe and well managed in Filipcoin ecosystem. This platform allows its users to execute mutual transactions anonymously.Users need not to reveal their identity and also there is no interference of government authorities or any other third parties. By evading third parties from the scene, Filipcoin platform is providing the dual benefits to its users. While providing Fast/safe transactions, this platform allows the transactions to be executed with low fees as now there are no hidden charges and no commissions to be paid to third parties to execute transactions. FILIP platform is creating an open source protocol where any user can join and use the blockchain technology to its full potential and with great speed and tight security. The objectives of the platform are to:
Customer-driven and customer centric platform
FILIP envisions to be one of the pioneers of cryptocurrency in the Philippines to implement DeFi, as well as in Asia, and drive the country to the global financial digitization. For that purpose Filipcoin platform has a sound ecosystem that is giving access to worldwide people without any boundary limitations. This platform is working independently and there is no need of third parties help to execute transactions on the platform. Filipcoin aim is to provide services that are customer-driven and customer centric. The users of the platform are stakeholders as such they are liable to get rewards for using Filipcoin payment system. Also there are various staking and liquidity pools for users to earn interest & rewards on the platform. The Filip ecosystem is a governance system where the users of the platform are stakeholders and can vote to reward best work done on the platform and can decide to add DeFi protocols in the ecosystem to improve the working of the platform. The community of the platform can transact freely on the platform with fast speed and low fees that enables the community to use all the applications and protocols of the platform.
User friendly and providing Scalability
Flipcoin is built on Ethereum blockchain and it is a more liquid and flexible platform. The Decentralized applications (Dapps) are easily created and accessed on Philip platform. It utilizes a value of system protocol to achieve the transferring of payment on peer to peer basis, and to build a decentralized platform supporting the service economy applications that is highly flexible in terms of adaptation, convenience, reliability, security and allows the development of partnerships. Innovative technology, comprehensive governance structure, and board applications leverages FILIP over existing cryptocurrencies.
Further seeing the congestion in Eth smartchain with insane hike in transaction fee and delay in transaction confirmation on blockchain, the innovative project team in order to provide best service on the platform, introduced BEP20 version of FILIP that is created on Binance smartchain is providing more scalability to users of the platform. The transaction are executed with more speed and it requires a very nominal fees to execute the transaction. Even when there is sudden changes in the market, the users of the platform are able to transact with fast speed and use all the protocols and payment system of the platform with very low transaction fees.
FCP token
FCP is the symbol of native token of Filipcoin platform. The stakeholder and governance features of the platform are well backed and insured by FCP token. The rewards for using Philip payment system are paid in FCP token. Users can use staking application or use liquidity pools to increase the number of their tokens. The holders of FCP token can vote and help the platform to grow rapidly by selecting the best DeFi applications and protocols to exist on the platform. With the maximum supply of 168 Million FILIPCOINS, of the total generated tokens, 83,868,000Million will be allotted for the ICO which will run for 2months. It should be noted that the minimum FCP requirement is 100 FILIPCOINS.
Further distribution of supply is as follows:
Budget allocation
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FCP is already listed and traded on Uniswap and Pancakeswap :
FCP contract address:
Mobile Applications
The users of Filipcoin platform are able to use and access whole crypto world anywhere, anytime and as per their requirements by using the mobile application. Filipay Mobile App is for both Android & IOS users. This applications facilitates automatic fare collection to all Public Utility Vehicles, adoption to digital currency trend, send and receive money/credits anywhere in the world, get rebates from your favorite shopping sites or restaurants, pay ahead with your bills, gasoline, foods, travels and many more. Certain incentives and rewards are generated on the platform to appreciate the loyalty of end users of the platform. Using this app is the best way to get your reward in a fast way credited in to your account. The user of this app can settle his financial payments without leaving his wallet that means the user is always having full control of his assets.
Roadmap
This project is operating since 2017 and is growing smoothly under the leadership of an experienced team that has enough knowledge to create and implement plans & strategies to support current growth and boost the future growth of the platform. It is well explained in the Time line of the platform.
Phase 1 - Q4 2017 to Q4 2020
Phase 2 - 4 - Q4 2017 to Q4 2021
Phase 5 - Q4 2021 to Q4 2022
Phase 6 - 2021-2025
?For more information check out:
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