What Is French Connection Finance (FCF)?

French Connection Finance claims to be the first revenue-sharing token. The aim of FCF is straight to empower crypto. FCF token runs on the Binance Smart Chain. Further, FCF aims to bring crypto to the forefront of the world economy and the daily lives of people. 

• FCF empowers crypto merchants by offering them a way to accept digital funds through the internet in a simple and easy manner. 

• FCF offers instant utility to empower crypto projects. Any token can instantly become a usable currency on any blockchain. For these crypto projects, FCF claims to offers multiple promotional opportunities.  

• FCF further claims to empower investors by offering them fully-automated dividends, paid in BNB every 24 hours. These dividends come from a share of FCF token transaction tax and as a share of every transaction fee from FCFpay. 

FCFpay is one of the utilities of the FCF ecosystem that offers a payment gateway for both physical retail applications and e-commerce. This fully encrypted cryptocurrency payment gateway empowers the holders to trade goods and services. FCFpay offers a secure, fast, and convenient way to pay for anything and anywhere.

Further, FCFpay has a low transaction fee. The standard fee is 1.5 percent of the transaction value. The customer pays the gas fee per transaction, and the fund is stored in the FCFpay Vault. The merchant pays the gas fee to transfer from the FCFpay vault. To make the transaction fees even lower, there are packages available like discounts for merchants with large volumes, cross-promotion, etc.

As per the whitepaper, FCFpay offers the following advantages:

• One-third of every transaction is added directly to the $FCF dividend pool and distributed among the holders.

• One-third of every transaction fee is used for a “buyback and burn.” This implies FCF token is brought into the market and immediately destroyed, thus reducing the total supply of $FCF token in circulation. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.

• The remaining one-third is used for business operations and team salaries. 

History of French Connection Finance (FCF):

John is the CEO of FCF with over ten years of experience in the business development industry. John jumped into the DeFi world in its early days. Joe is the CMO and an entrepreneur. Alex is the public relations director. He has worked for over five years in multiple financial institutions in Canada.