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Falcon: The Prime Project to Disrupt DeFi This September

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4 years ago

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The Falcon project has emerged as a dynamic and innovative DeFi platform that incorporates two interchangeable blockchains to form a robust network. 

The hybrid blockchain model allows users to choose the best blockchain regarding speed, convenience, anonymity, and privacy.   

An official tweet from the Falcon Project on Sep. 5 revealed that work in the Falcon blockchain would be fully completed in Q4, 2020. The exciting development means that users will soon behold the FNC privacy coin in their wallets. 

The Project is also preparing to offer liquidity pools soon on top DeFi platform Uniswap in a move that promises to disrupt  the DeFi sector’s dynamics. 

Those who maintain the liquidity of the FNT / ETH pool on Uniswap will receive rewards in the FNT token, the so-called farming, which has already become a trend this year. We also have information on updating the falconofficial.com website to reflect these changes.

What Does the Falcon Project Offer?

The Falcon project, which launched on Feb. 2, 2020, brings a unique approach to decentralized finance with its ERC-20 token-based payment system and anonymous hybrid blockchain. 

The venture seeks to integrate FNT (ERC-20 token), which runs on the Ethereum blockchain, and Falcon Project’s coin, FNC.

FNT serves as the Project’s official digital asset and allows for speed, simplicity, and convenience while offering a comprehensive bonus system for holders. The token allows for unrestricted listing on exchanges and is thus tradable with other digital coins. 

On the other hand, the FNC coin is designed to uphold privacy and enhance security when making transactions on the blockchain. The coin offers holders features such as choice of anonymous and open transactions, passive pool staking, and convenient wallets. 

Due to its focus on anonymity, FNC coin cannot be listed on exchanges but can be swapped for FNT in the ratio of 1:1 if a holder wishes to trade on platforms such as Falcon’s new partner OKEx. 

Falcon aims to fully integrate FNT and FNC into everyday life for transactions or receiving payments conveniently and privately. Users can easily swap FNC for FNT via the swap form found on the website or via the Falcon project’s telegram bot.  

About Falcon’s Unique Reward System 

Falcon implements a different chain for its rewards system, the ERC-1155, token, referred to as a voucher. The system employs a Proof of Hold (PoH) mechanism where users swap ERC-20(FNT) tokens for ERC-1155 token to earn rewards.  

To participate and earn rewards, users must deposit a minimum of 500 thousand FNT tokens. They then need to swap their FNT for a voucher equal to the amount they wish to freeze and earn lucrative returns. 

With the FNT value going up in recent months, Falcon recently introduced 500,000 FNT vouchers to make the POH rewards more affordable to users. All voucher holders earn dividends of 10% every three months or 40% per year.

In a Sep. 8 tweet, the Falcon team announced that it had set a sales record on the Enjin marketplace by selling a 50M FNT voucher for about $10K. 

The Project now plans to release the first round of payment to voucher holders and start burning tokens from the frozen fund.

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Press Release

KUN confirmed as Primary Exhibition Sponsor of Hong Kong Web3 Festival

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2 days ago

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January 21, 2025

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As a global pioneer in the payments industry, KUN is proud to participate as a sponsor at Hong Kong Web3 Festival 2025, joining Web3 users, industry leaders, and technology experts from around the world to discuss the future of blockchain technology and digital payments. As a sponsor for the second consecutive year, we look forward to sharing KUN’s practical experience and innovative achievements in Web2+Web3 cross-border payment solutions. We are also eager to engage with partners from various sectors to explore new opportunities that empower the global economy.

KUN (KUN.global) is an innovative digital payment technology company based in Hong Kong and Singapore, built on Web2+Web3 payment licenses and compliance systems. Its business spans emerging markets in Asia, Africa, and Latin America. The company primarily provides secure, convenient, and efficient one-stop digital payment solutions for enterprises and individual clients in cross-border trade, overseas services, and the Web3 industry. KUN is dedicated to building the next-generation global digital payment network for the future.

KUN has developed three core product lines: 

  1. KUN.crypto: The Stablecoin Payment and Management Platform
  2. PayX: The One-Stop Payment Service Provider for Emerging Markets
  3. K-Card: Your Reliable Card Solutions Partner

KUN depends on technological innovation and compliance, empowering businesses to tackle the challenges of cross-border payments and digital asset management while driving the healthy development of the industry.

We look forward to seeing you at Hong Kong Web3 Festival 2025 and embarking together on an exciting journey toward the future of Web3!

KUN：https://www.kun.global/

Hong Kong Web3 Festival 2025: https://www.web3festival.org/hongkong2025/?lang=zh#/en

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Press Release

MAGAVERSE Shakes the Crypto World with $1M Donation to Trump-Endorsed Organizations

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1 week ago

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January 16, 2025

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MAGAVERSE, the trailblazing memecoin project, has made history with a stunning $1,000,000 donation to organizations endorsed by former President Donald Trump. The donation, aimed at supporting MAGA initiatives and advancing the cause of freedom, has positioned MAGAVERSE as a serious player in both the cryptocurrency world and the political landscape.

This bold move matches the $1,000,000 contributions from industry leaders like Mark Zuckerberg and Jeff Bezos, sending a powerful message of gratitude and dedication from the MAGAVERSE community.

“It was important to our MAGAVERSE community that we put our money where our mouth is,” said Lee Hutchinson, community leader of MAGAVERSE. “This was our way of saying thank you to a man who has not only saved America but also championed crypto’s future.”

The impact of this donation has been felt far and wide, as MAGAVERSE has garnered national attention and earned a special place in Washington D.C.’s prestigious events this week. Members of the MAGAVERSE team are attending inaugural galas and official balls as special guests, further solidifying their reputation as key players in the crypto and political spheres.

“They are the talk of the town,” a prominent DC insider commented. “Meme coins have traditionally been underestimated, but MAGAVERSE’s $1M donation has changed the narrative. People are now recognizing the influence and vision of this innovative group.”

A Bright Future for $MVRS

The official ticker for MAGAVERSE, $MVRS, is experiencing newfound momentum as MAGA influencers and crypto enthusiasts flock to join the project. With whispers of major announcements on the horizon, the MAGAVERSE core team has hinted at exciting developments that promise to reshape the community and expand its reach.

This milestone donation demonstrates the growing impact of the MAGAVERSE community and the project’s commitment to both political and financial innovation. As the nation watches, MAGAVERSE continues to prove that meme coins are more than a trend – they are a force to be reckoned with.

For more information about MAGAVERSE, visit https://mvrs.wtf/. 

Follow their journey on social media at:

Twitter: https://x.com/mvrs

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Press Release

Paul CHAN Mo-po, Vitalik Buterin among the Top Speakers at Hong Kong Web3 Festival 2025

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1 week ago

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January 16, 2025

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Hong Kong Web3 Festival today announced the first-round speaker lineup for its upcoming 2025 edition, which will take place from 6 to 9 April, 2025. The event will bring together representatives from a broad range of experts and leaders in the Web3 space, including:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Vitalik Buterin, Co-founder, Ethereum

XIAO Feng, Chairman, Wanxiang Blockchain; Chairman and CEO, HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

David Bailey, CEO, Bitcoin Magazine

Genki Oda, Chairman, Japan Virtual and Crypto assets Exchange Association

Lily Liu, President, Solana Foundation

Sreeram Kannan, CEO, EigenLabs

Smokey Bera, Co-founder, Berachain

John Patrick Mullin, CEO, Mantra

Alexander Pack, Managing Partner, Hack VC

Lasse Clausen, Founding Partner, 1kx

Keywolf, Partner and CPO, SlowMist

Blue, Partner and CTO, SlowMist

Rita Liu, CEO, RD Technologies

Devon Sin, Alternate Chief Executive, ZA Bank

YU Chen, Chief Advisor, 鲲KUN

Michael, Co-founder, Brevis

Alex Rawitz, Co-founder, DIMO

Bugra Celik, Director of Digital Assets, HSBC

Stanley Huo, Partner & Head of Asia, Hivemind Capital

Terence Kwok, Founder and CEO, Humanity Protocol

Tetsuya Sanada, CEO, BlockSmith & Co.

David Lee, Chairman, Global FinTech Institute

Hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, Hong Kong Web3 Festival is Asia’s premiere crypto gathering that convenes the world’s smartest minds in the Web3 and crypto space. Its previous editions, which took place in April 2023 and 2024, brought together over 250 exhibitors, more than 800 speakers, 80,000 visitors and 300 side events.

The Web3 Festival 2025 has forged a strategic alliance with the region’s trade statutory body, Hong Kong Trade Development Council (HKTDC). Furthermore, the event has revealed an impressive lineup of 2025 sponsors so far, including:

Title: OKX Web3

Platinum: CKB Eco Fund, SlowMist

Gold: Alchemy Pay, Beyond Gaming Labs, OneKey

Primary: Google Cloud, Hotcoin, 鲲KUN

Secondary: CertiK

Tertiary: Fufuture, Keyblock Solutions, MoneyCollect, PingCap

Knowledge: Brevis

Open Stage: Primecoin

The conference will feature keynote speeches, fireside chat, and panel discussions across various forums, including PayFi session hosted by the host together with RD Technologies, DePIN session by Arkreen, Bitcoin session by CKB Eco Fund, Crypto Finance Forum 2025 by MetaEra, Web3 Security and Compliance Session by SlowMist, Web3 Scholars Conference 2025 by DRK Lab, and more.

Taking an area of over 14,000㎡at the iconic HKCEC, which is 1.5 times larger than previous ones, the conference will create an ideal networking and learning environment, with regular conference areas and exhibition spaces embracing professionals, investors, enthusiasts, and leading projects worldwide who will delve into the latest progress, solutions, trends, and policies in Web3 and crypto.

$399 tickets are available for grabs now! Secure a spot at this fabulous gathering to meet industry leaders and professionals: https://www.web3festival.org/hongkong2025/#/en

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