Flexacoin (FXC) is a cryptocurrency that aims to offer the quickest, most tamper-proof payment web in the world. As per its website, Flexa enhances debit, credit, and financial transactions in nearly every imaginable way. Flexa's digital network eradicates unexpected reversals and chargebacks so that traders can accept payments with confidence. Even better, the platform 100 percent guarantees for all payments when they hit the Proof of Stake (POS). Flexa links straight to traders' existing payment infrastructure through various middleware providers, processors, and cloud POS. The platform also offers application programming interface (API) and software development kit (SDK) alternatives for custom integrations. 

Further, to make the new token more extensively available to collateralization applications outside, Flexa claims that the Flexacoin platform will be retired and replaced with the Amp platform for more versatility and illustrative of its purpose.

Unlike payment card transactions or a standard bank, Flexa payments don't require sending sensitive trader account information via the network. Instead, every Flexa transaction begins and finishes with a unique, digital approval code that can't be reversed or decrypted. Being digital makes Flexa payments extremely quick and protected. When this digital approval code is caught at point-of-sale, the entire payment amount is immediately moved from the customer's account balance and transformed by Flexa as required. The process culminates in the real-time confirmation that the settlement for each Flexa-authorized transaction is 100 percent assured.

FXC token is native to the platform. Flexacoin claims to be excellent collateral for digital asset trades—not only inside the Flexa network but also eventually for any collateral-related objective across all of DeFi platforms. The traders utilize FXC for performing transactions and trades regarding goods and services.

Tyler Spalding, Daniel C. McCabe, Zachary Kilgore, and Trevor Filter are the co-founders of the Flexacoin platform. The founding team includes Chris Pick as the software developer and Paul Tudan as the software engineer.