What is FortKnoxster?
FortKnoxster is a cybersecurity company that focuses its operations on securing digital assets. Despite the increasing uptake of blockchain products like crypto and NFTs, little has been done to safeguard these assets. FortKnoxster aims to be the trailblazer of cybersecurity solutions for blockchain tech.
Arguably, the most expensive mistake in the blockchain is losing cryptocurrencies. Solving this 'helpless' problem has been barely possible until DieFi launched. The primary function of FortKnoxster’s DieFi is a security feature that enables users to store all their digital assets and data files in one highly-secure application. Additionally, the DieFi app allows asset holders to add beneficiaries. Simply, in case of undesired circumstances or emergencies, the listed beneficiaries can access the assets on behalf of the benefactor. This pioneering feature in the crypto sector helps prevent permanent loss of crypto assets if or when the holder is incapacitated.
Overall, DieFi is a feature-packed inheritance platform with support for unlimited beneficiaries who you can replace or remove at any time. The platform offers a flexible way to assign beneficiaries across multiple wallets, assets, and data files. Essentially, FortKnoxster is helping to futureproof Web3 projects by offering an additional layer of security for digital assets.
To set up the DieFi feature for your assets, register for FortKnoxster, then assign wallets and folders to your preferred beneficiaries. As the benefactor, proceed to activate the Dead Man's Switch (DMS), which runs on the Polygon blockchain via a smart contract. The DMS is a time-based encryption that allows you to control when to decrypt a secret message. After activating the DMS, the inheritance key for accessing these assets will also be encrypted. When the time assigned on the DMS elapses and there’s no activity by the benefactor, beneficiaries receive an email to start the claiming process. Beneficiaries securely verify their identities through an anti-fraud system powered by Au10tix.
Like many crypto projects, FortKnoxster features a native token, FKX. The FKX price is constantly moving, but you can track it in the chart above.
Use Cases of FKX Tokens
Primarily, the Knoxstertoken, or FKX, is a utility token. Using FKX, benefactors can pay to upgrade and access more features on DieFi, known as FortKnoxsterPlatinum.
In addition, FKX is deployed to sustain the platform’s utility ecosystem. When users pay for the FortKnoxsterPlatinum packages using FKX, the platform effectively purchases back all tokens, thereby driving demand for FKX tokens.
Like with other tokens, FKX is also a speculative asset that you may add to your crypto portfolio. Check the FKX price in the live chart to review its price trends.
Who Founded FortKnoxster?
FortKnoxster was built by a team of three Danish entrepreneurs and tech specialists. This includes CEOs Niels Klitsgaard and Rasmus Christiansen, and CTO Mickey Johnnysson.
Additionally, another important person in the leading team is the company's Chief Operating Officer, Susanne Firouzbakhsh, who has over 25 years of experience in investment banking and risk management. Besides, apart from management, the protocol has a team of advisors comprising Stig Abildsoe, Eddy de Heij, and David Orban. The protocol was built in 2018.
Tokenomics of FKX
The max supply of FKX crypto assets is 150 million. All tokens have been minted and are circulating in the market among at least 15,000 holders. Since the supply is limited to a certain number, the token will become more scarce in the future, which could, in turn, increase the FortKnoxster price. To check the current FKX price and its recent changes, see the live chart above.
