Formosa Financial (FMF) Token Sale

Our Analysis

Team: 6.3

Feasibility: 6.4

Product: 6.4

Overall Rating: 6.37

Short Description: The one-stop platform for digital asset management

Category: Banking

Category: Tokens Cryptocurrency

Ticker: $FMF



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Formosa Financial (FMF) Token Sale

Formosa Financial aims to solve three main current market needs: crypto security, treasury management, and payment services. Crypto security will offer full brokerage custody with hot and cold wallets, as well as multi-signature wallets for utmost security. Treasury management will offer P2P lending as well as bank-issued credit lines based on crypto assets acting as collateral for fiat credits. Payment services such as digital fiat and international wire payments will offer a universal cross chain solution whilst connecting with a mature banking layer.

Banking Services For Innovators

As a one-stop shop for digital asset management, Formosa offers:

  • Secure custody & asset storage
  • Deep liquidity & trade execution
  • Risk hedging & diversification

Token Sale Details

  • Total supply: 2,000,000,000
  • Technology framework: ECR20
  • Accepted currency: ETH
  • Fund distribution: Formosa Financial cash operations: 30% Business development: 20% Legal & compliance: 20% Technical development: 20% Team & operations: 10%

       Token Sale Rounds

  • KYC required: Yes
  • Whitelist required: Yes
  • Private sale: completed 5/31/18, hard cap of 40,000 ETH raised
  • Public sale: none planned

For more information on $FMF tokenomics, download pdf here.

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