What is 1irstcoin (FST)?
1irstcoin (FST) is a crypto token that was launched on Ethereum. It belongs to 1irstcoin LLC, which is a licensed financial services company. The company describes itself as "Google for traders," because it offers a strong search tool that may assist users in locating the most advantageous trading strategies for a variety of cryptocurrencies. BestRate.org, a payment gateway and an aggregator of cryptocurrency exchanges, is the source of the technology on which 1stcoin is dependent. BestRate utilizes API integration to find the best rate in real time across a variety of exchange platforms.
The 1stcoin crypto project also produced 1irstgold, a product that enables the exchange of actual physical gold for digital currency. The project raised $7.5 million during the IEO, which was held in 2019. P2B exchange's launchpad was used to conduct it.
You can check the latest 1irstcoin price changes on the above charts.
Use Cases of FST Tokens
The FST token is regarded as a mix of utility and security. It is classified as a utility token with the primary functions of a billing unit for cashless transactions and profit sharing for the 1irstcoin LLC company. The FST token holders benefit from "competitive" rates for their coins by linking and integrating the order books of top cryptocurrency exchanges. Moreover, the revenue of 1irstcoin LLC is allocated twice a year to the FST token holders.
If you plan on buying the token, make sure to study the live FST price changes. Use the 1irstcoin price chart above.
Who Founded 1irstcoin?
There’s no information available on the identity of the founders of the 1irstcoin crypto project.
Tokenomics of FST
1irstcoin has not offered any details regarding the distribution structure of the entire FST token supply. However, you can still view the supply, market cap, trade volume, and the latest FST price changes above. Examining the recent changes in the 1irstcoin price can help you better predict the coin’s outlook.
