Best Fintech Investment Coin Price Chart Update [BFIC]

The BFIC price update as of now is $5.19. In the previous 24 hours, its trading volume was $119,615, and its value has increased by 8.85%. As of now, BFIC's live market cap is $9,800,908, and it is ranked as the #3420 on the Coincu. BFIC has a circulating supply of 21,000,000 and a maximum supply of 21,000,000.

Introduction: What is the Best Fintech Investment Coin?

The Best Fintech Investment Coin (BFIC) is a unique proof-of-stake blockchain platform that centers around the BFICoin. Innovation Factory, the firm behind BFIC, aims to provide decentralized financial solutions for everyday users through their ecosystem. Unlike other cryptocurrencies, BFIC prioritizes user utility and innovation.

The Journey and Current Status of the Best Fintech Investment Coin

BFIC was initially launched through an Initial Exchange Offering (IEO) on XchangeOn, debuting at a price of $3.00. The coin reached its all-time high (ATH) of $45.00 in February 2022 and is currently in a consolidation phase. BFIC can be traded on XchangeOn, United Exchange, and LaToken.

A Brief History of BFICoin

In 2021, Innovation Factory introduced the BFIC token on the Binance Smart Chain. With a vision for enhancing decentralized finance solutions, Innovation Factory developed its blockchain in mid-2022 and introduced the native coin BFIC. Token holders were given the option to exchange their tokens for mainnet coins at a 1:10 ratio. As a result, the BFICoin replaced the previous token, rendering it obsolete.

Exploring the BFIC Mainnet: Next-Generation Blockchain

The BFIC Mainnet is a cutting-edge network built on 3rd Generation Blockchain technology, enabling real-time digital transactions and decentralized financial services. By combining features from Bitcoin, Ethereum, and Tron, the BFIC Mainnet integrates a new algorithm that utilizes Bitcoin and Proof-of-Stake (PoS) algorithms for blockchain calculations. Its objectives include lower transaction costs, reduced data storage costs for decentralized projects, asset tokenization for Ethereum and other networks, and a high transaction capacity of 100,000 transactions per second.

The Diversified Ecosystem of BFICoin

Innovation Factory has disclosed a diverse ecosystem for BFICoin on their official website. Currently, the ecosystem consists of 20 projects, with three projects already launched. The BFIC Network serves as a stake-mining platform that allows users to easily stake their BFICoins and mine rewards using smartphones. XchangeOn was the first crypto exchange to list BFIC. The BFIC Ecosystem continues to grow with projects such as Bulleto Smart Contract, SnakeNLadder NFT Game, MetaMall (Metaverse Shopping Platform), BFIC Store (Crypto commerce platform for online shopping), Crypto Cash (Liquidity solutions for BFIC in the form of debit/credit cards), Love Wallet, BBond (Bitcoin Bonds), Insured Trading (crypto trade insurance), and more.

Supply and Distribution of BFIC

BFIC will have a maximum supply of 21 million coins distributed over five years. According to the BFIC whitepaper, approximately 47% of the total supply will come from mining rewards. Innovation Factory's distribution plan for BFIC's total supply is as follows:

• Bounty: 2% of Total Supply
• Emergency Fund: 2% of Total Supply
• Server Maintenance: 3% of Total Supply
• R&D: 3% of Total Supply
• ICO Airdrops: 5% of Total Supply
• Team: 10% of Total Supply
• Rewards: 28% of Total Supply
• Mining Rewards: 47% of Total Supply

About Innovation Factory: Leaders in Decentralized Finance

Innovation Factory is a Fintech firm specializing in decentralized finance solutions. They have successfully developed a 3rd generation blockchain, a crypto exchange, and a crypto stake-mining platform for smartphones.