All you need to know about Futira Coin
Most cryptocurrency projects were started as virtual projects, where everything is done over the internet, whether it is the creation of new ecosystems or Dapp platforms. Futira is different, as Futira is backed by a real-world business venture. Futira is the native currency of the Futira mobile network currently working in Chad with plans of expansion to other countries. The idea behind the cryptocurrency is simple, as long as our mobile networks are up and running, the demand for Futira token/coin will never dissipate.
Fast Facts:
-Futira was founded by Dr. Hatim Zaghloul a pioneer in the field of telecommunication.
-Futira is in the business of telecommunication, with plans of expansion in Equatorial Africa.
-Futira mobile towers are up and running in Chad and waiting for legal approvals in Mauritania.
-Futira token/coin will be the sole means of payment on the Futira mobile network.
-Futira token/coin will help facilitate national & cross-border transactions in the countries Futira will operate at.
-Futira was first released as a token on the Tron network, then migrated to Binance Smart Chain as a BEP20 token.
-Another future migration is expected to Futira’s blockchain and all Futira tokens will be exchanged for Futira coins with an exchange rate of 1:1.
-The Tron Network contract had multiple issues that were all circumvented by the BSC migration.
-Futira is now available for trade on PancakeSwap.
A little background.
Dr. Hatim Zaghloul has his mark on so many relevant and highly popular technologies used today, he is the co-inventor of high-speed mobile telecommunications technologies such as WiFi, 3G, 4G, WiMAX, and 5G.
Dr. Hatim Zaghloul came up with the idea of Futira when he was trying to solve the problem of the digital divide between Africa and the rest of the world. The main issue with the covering of Africa is the vast space of land that needs to be covered, using conventional networks, the cost of covering those lands would never allow a company to break even promptly.
Knowing that Dr. Zaghloul started working on a solution that would solve both problems; the problem of covering those huge land areas and that of funding such a huge endeavor.
In 2015 Dr. Zaghloul founded Inovatian, Inc in Giza, Egypt to start researching the problem and come up with proposed ideas.
The solution the research team reached was simple enough, use Mesh networks to cover the area and issue a cryptocurrency that would be native to the network.
The cryptocurrency will serve a multitude of purposes, the most prominent of which are:
1- Through crowdfunding, the creation of the towers and network infrastructure will be possible.
2-Tying the network’s native currency to the cryptocurrency market will guarantee a stable demand for the currency which will ensure the availability of funds needed for any network expansion and will boost the economies of the communities we’re serving.
After considerable deliberation, Dr. Hatim Zaghloul acquired Futira S.R.O. in Slovakia and founded Futira, LTD in Georgia, both of which have the appropriate licenses needed to issue cryptocurrencies and distribute them.
Thus starting our journey with Futira.
About Futira token/coin:
Futira is planning to issue 20 billion coins, 10 of which have been issued now through the smart contract and 10 billion are to be issued at a later date.
Futira’s BSC smart contract was audited by QuillAudits and the audit report is available on Futira’s official website.
At first, Futira was issued on Tron Network but as problems with the vesting function and ease of use appeared on the Tron network the decision was taken quickly and implemented to move over to Binance Smart Chain.
Coin/Token Distribution
o Inovatian: 1 Billion Futira Coin.
o Initial Investors: 1 Billion Futira Coin.
o Sold to the public: 10 Billion Futira Coin.
o Coins Available to the Public at Launch: 10 Billion Futira Coin.
o Total number of Coins authorized to be issued in the future to support networks: 20,000,000,000 (twenty billion Futira Coin).
o Lowest fraction of a Futira Coin authorized upon launch: 0.000001 FUT.
So, Is Futira a good investment?
We believe that this is a very fundamental and important question that needs to be answered with statistics and numbers more than empty words.
First, we’d like to point out that our Founder Dr. Hatim Zaghloul a scientist and a businessman with a proven track record of succeeding in the telecommunication business, so it’s not our first rodeo.
Second: Since the inception of Cryptocurrency in 2009, The global cryptocurrency market size was valued at $1.49 billion in 2020 and is projected to reach $4.94 billion by 2030, growing at a CAGR of 12.8% from 2021 to 2030.
Add to that, the global telecom services market size was valued at USD 1,657.7 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2021 to 2028.
Futira will leverage growth from both sectors making futira one of the cryptocurrencies projected to reach a prominent position by 2028. Thus in Futira, we believe that we do not need empty words or promises we would have a hard time keeping.
Our work and the global market sentiment & growth would guarantee that we will realize our plans and have a prominent position in both the telecommunication market and the global crypto sphere.
