The FutureX Token (FXTE) represents The FutureX Holding OÜ and its entire ecosystem, whose purpose and mission it is to support key disruptive future technologies, projects and companies, to successfully launch and establish them in the international marketplace, to further develop their innovative products and services, and through this create gamechanging changes for the future of humanity and our planet.

A token stands for an asset or an economic good. A crypto token is a digitized image of assets that is stored decentrally on a block chain. They are assigned a specific function and a specific value. These values can represent a variety of properties, functionalities or rights.

Unlike coins, tokens do not have their own block chain. Instead, most token projects currently use the Ethereum blockchain for their operation.

A classic example is a so-called ICO, Initial Coin Offering. This is the private sale of a token with either a utility, equity or security (STO) function by a company or project to its investors via a website or privately, but not via an exchange.

In most cases, 100% of the investor’s investment is transferred to the company/project without any additional protection for the investor, which in principle, depending on the case, represents a higher risk for the investors.

A utility token is a digital crypto-currency that is issued to finance the development of the crypto-currency and is later used to purchase goods or services, while equity tokens are a variant of security tokens that, unlike security tokens, are always linked to the granting of shares in the underlying company and voting rights.Securities tokens, on the other hand, are usually linked to tangible assets such as real estate, precious metals, other assets or rights.

ICO (Initial Coin Offering / Private Sale) vs. IEL (Initial Exchange Listing / Public Listing & Public Sale)

Conventionally, projects or companies that produce utility, equity or security tokens try to sell their tokens as described above through an “Initial Coin Offering” (private sale) via their own website, without their token already being listed on a stock exchange (i.e. not yet publicly tradable), in order to obtain initial funding and start their project, and then later, once they have raised enough money, to be publicly listed on a stock exchange, in the hope of obtaining more liquidity through a promotion on the exchange.

The reality is that simply because listing an ICO for a new project/startup is usually quite expensive or not affordable at all, the implementation of an ICO can pose major regulatory challenges and problems and a comparatively high risk for investors.

Compared to ICOs / Private Sales, the FutureX Token (FXTE) has already been publicly listed through an „IEL“ (Initial Exchange Listing) and is publicly trading on the Specialist Driven Token Exchange TKex.me since the moment of its inception and is not sold directly by The FutureX Holding, which the token represents, but is publicly traded directly on the Token Exchange TKex.me and very promptly also on other Token Exchanges and banks worldwide and is therefore NOT an ICO (Initial Coin Offering / Private Sale) as it is already publicly traded.

Our Token FutureX Token (FXTE) presented here is an ERC20 Token Smart Contract traded on the Ethereum Blockchain, to which a value and various functions are assigned.