FINSCHIA

Finschia

λ°”λ‘œκ°€κΈ° > https://finschia.io

Finschia (formerly LINE Blockchain Mainnet) aims to build a sustainable token model and create token demand to become a blockchain with 1 billion users. LINE, which as 200 million global users, has been independently developing and operating the LINE Blockchain mainnet since 2019. But, starting from the 3rd-generation mainnet Finschia, which was developed on the Cosmos SDK, the Finschia Foundation is in charge of the mainnet operation and FINSCHIA(FNSA) issuance, continuing the global expansion of the LINE Blockchain.

To expand global Web3 businesses and FINSCHIA(FNSA) transparently, Finschia will create Token Economy 2.0, which focuses on the essence of service growth and token demand creation. Finschia introduces three distinct strategies to act as an infrastructure for service providers as well as users to freely produce and trade content and receive fair rewards. (>Token Economy 2.0 & Finschia Whitepaper)

  1. Zero reserves: No pre-mint reserve tokens

  2. Service contribution rewards: Contribution first, reward late

  3. Token Economy 2.0: The best policy to create a virtuous cycle for higher contributions and great equal benefits.

> For more details, please refer to Finschia Whitepaper.

Finschia uses FINSCHIA as its base coin, and the ticker symbol is FNSA which issuances is fixed at 1 billion. FNSA is the cryptocurrency for interactions (paying transaction fees, exercising voting rights, etc.) occurring on Finschia, and users can use various Web3 services on Finschia FNSA. FNSA can be acquired in the following ways:

  • dApp development (service contribution reward)

  • On-chain payments (service contribution reward)

  • Participate in the block generation as a validator or by delegating FNSA to a validator

  • Purchase Digital Items or engage in an Item transaction in the following designated services

    • DOSI (Global Digital Commerce platform)

    • DOSI Wallet (social passport wallet for Digital Item services)

    • DOSI Vault (non-custodial wallet for FNSA)

  • Purchase FNSA or engage in an FNSA transaction on exchanges where FNSA is listed (LINE BITMAX, Bithumb, Gate.io, Huobi Global, Bittrex Global)

> More curious about the Finschia Ecosystem? Visit the Finschia official website.

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