TheFutbolCoin: Review

Bimalsolti
5 min readJan 30, 2021

⚫ Introduction

Hi friends, I am Bimal Bhandari. On this occasion I would like to provide information about a very extraordinary company, because this company has opened opportunities for sportsmen, especially for soccer participants in the world.

And the company is TheFutbolCoin Project (TFC) friends, because TheFutbolCoin Project (TFC) is the only best platform in the world. And with the arrival of this wonderful project, we hope that the TheFutbolCoin (TFC) project will make a solution for all of us, which is to solve our friends' financial problems.

First of all let’s know somthing about Blockchain.

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant’s database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

⚫ What is TheFutbolCoin (TFC) ?

One of the most topics that have not yet finished breaking into the blockchain tech are the sports. Clubs have no way to significantly monetize their followers on social media. Your own apps have little use and therefore little monetization. For this reason, I want to introduce you TheFutbolApp (TFA), a social network soccer that implements TheFutbolCoin (TFC) as a way for companies to get new TFA clients and for TFA users to get a share of adverse revenue.

In more detail, TFA (https://thefutbolcoin.io) was created to provide single platform that would allow players, coaches, clubs and fans to participate in the football-based digital activities that are important to them in a simple way, an app.

FUTBOLCOIN Complete Review.

TheFutbolApp combines not only social networks with football, but also allows you to make predictions. Users can earn TFC within TFA and spend it with merchants that accept its transaccions. Those merchants then spend the TFC in adversity within the app. The advantage is that it is a social media around each club and player, allowing interactions between both parties.

⚫ TFC Features:

1.Fans

Socially interact with other fans and players from clubs they follow.

2.Coaches

Player-coach discussion room within the app with additional benefits.

3.Players

Show highlights acomplishments and statistics of the players.

4.Clubs

Clubs get ad space that they can sell to their large advertisers.

5.Advertisers

Reach fans of specific football clubs in specific greographies.

⚫ Tokenomics

TFC uses the proven Stellar blockchain, which has a low cost and fast transaction speed for use on the TFC-TFA network. The TFC can be used as a safe deposit of wealth, so is the only way to pay for ads within the TFA ecosystem. Users earn TFC on the app and spend it at merchants that accept TFC.

• Token Info & Economics

  • Max token supply: 1b tokens
  • Market cap: $150.0m
  • Initial supply: 1499999999

• Token Details

  • Token Name: The Futbol Coin
  • Symbol: TFC
  • Base Platform: Stellar
  • Project Type: Utility Token

• Supply:

  • Total: 1 500 000 000
  • Max: 1 500 000 000

⚫ Bounty program

The project gives the opportunity to earn TFC tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk page here (https://bitcointalk.org/index.php?topic=5312627.0), where you can access the link in order to see what are the conditions to become an early TFC contributor and start acquiring tokens.

This article is created to participate in the relevant Bounty campaign. So if you like my article please follow this channel and claps. I hope you liked the post and soon I’ll send you new ones.

⚪ AUTHOR:
Forum Username: Bimal2022
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2892610
Telegram Username: @bimal995
Stellar (XLM) Wallet Address: GAAE4JVBZXUEUWVYFSFC54NZGY4WMFONQNO25MZCFA35GZ3ID4FVG3LQ

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