FansCoin - Digital Gold on Conflux Blockchain

Conflux enables creators, communities, and markets to connect across borders and protocols.

What's Conflux

Consensus Vehicle of Conflux Blockchain

Fanscoin is open-source, its design is public, nobody owns or controls Fanscoin and everyone can take part

Conflux community is actively promoting the FC as a community governance pass to play a governance role of various types of exploration. Now the authority of FC issuance has been gradually handed over to the community.

Loved by Conflux Community

FansCoin - Conflux's First Eco-Project

    • FC stands for representatives of early contributions to Conflux community and should be somewhat differentiated from CFX by giving a governance function. A large portion of FC holders are early supporters of Conflux, their voices should be fully respected.

      Fan Long
      Conflux Co-Founder

    • FC is Conflux's first eco-project, which should empower the community and inspire its creativity and execution. Hats off to all the builders of the ecosystem, and to all the participants in the community, Looking forward to everything getting better and better!

      YuanJie Zhang
      Conflux Co-Founder

    • FansCoin is a smart contract on Conflux, designed to reward active contributors with tokens and foster a vibrant community. Initially, it played a key role as a layer of functional testing for the Conflux Testnet, greatly contributing to the blockchain's development.

      Ming Wu
      Conflux Co-Founder & CTO

    • I have held some FC since the early days of Conflux's establishment, and I won't sell a single one.

      Heisenberg
      ex-Conflux Tech Community Head

    • 1 FC ≥ 1 CFX, and 1:1 conversion to CFX is actually the most boring application of FC

      Justin
      FansCoin Builder - ex-Microsoft Senior Engineer

    • FC is the top meme coin on Conflux, known for its strong community and innovation.

      Yumingyuan
      ex-Conflux Grants Committee Member.

Get started with Conflux today

Create Wallet

Conflux Blockchain

PoW/Pos Hybrid Blockchain Without Barriers

High Throughput

Our breakthrough Tree-Graph consensus algorithm uses parallel processing of blocks and transactions to lower confirmation times and increase TPS.

Secure

Conflux utilizes a highly tested PoW consensus to provide increased security and anti-reentrance attack protection at the protocol level.

Interoperable

ShuttleFlow is a lightening fast cross-chain asset bridge built on Conflux that enables seamless asset transfers between multiple protocols.

Scalable

Conflux provides unmatched scalability, eliminating the consensus bottleneck of other blockchains without sacrificing security or decentralization.

Built-In Staking

Built-in staking interest provides a foundation for innovative DeFi apps. Staked tokens currently receive an annualized rate of 4%, generated by the additional issuance of tokens.

Low Fees

Our Fee Sponsorship Mechanism allows users with zero wallet balance to still engage with blockchain. Sponsors pay a portion or all of another user’s transaction fees to help with user onboarding.

Frequently Asked Questions

Find answers to recurring questions and myths about Fanscoin

    • What is FansCoin?

      Fanscoin is Conflux's First Eco-Project, initiated by Conflux Official Team, run and supported by Conflux's community, and as a consensus vehicle of Conflux blockchain, it is known as the digital gold on Conflux and is widely supported by the founders of Conflux, including Fan Long, and the Conflux community as well as the various ecological projects. The maximum supply of Fanscoin is 21 million, and it is now circulating more than 17 million, and it has already been burned for more than 4.6 million, and the rest of the issuance of Fanscoin is getting slower and slower.

    • Who created Fanscoin?

      Conflux FansCoin was proposed by the Conflux Foundation as a mechanism for community incentives to be recognized and given value for the work of the community, Microsoft engineer Justin, along with a number of community developers, built Conflux's first eco-project, Fanscoin, and in 2020 the Conflux Foundation began to make Fanscoin self-governing, the community has since grown exponentially with many developers working on Fanscoin.The Fanscoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Fanscoin software.

    • Who controls the Fanscoin?

      Fanscoin runs on the Conflux network. Nobody owns the Conflux network much like no one owns the technology behind email. Fanscoin is controlled by all Fanscoin users around the world. While developers are improving the software, they can't force a change in the Fanscoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Conflux can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

    • Why do people trust Fanscoin?

      Fanscoin is fully open-source and decentralized. This means that anyone has access to the entire source code at any time. Any developer in the world can therefore verify exactly how Fanscoin works. All transactions and fanscoin issued into existence can be transparently consulted in real-time by anyone.

    • Can I make money with Fanscoin?

      You should never expect to get rich with Fanscoin or any emerging technology. It is always important to be wary of anything that sounds too good to be true or disobeys basic economic rules. Fanscoin is a growing space of innovation and there are business opportunities that also include risks. There is no guarantee that Fanscoin will continue to grow even though it has developed at a very fast rate so far. Investing time and resources on anything related to Fanscoin requires entrepreneurship. There are various ways to make money with Fanscoin such as mining, speculation or running new businesses. All of these methods are competitive and there is no guarantee of profit. It is up to each individual to make a proper evaluation of the costs and the risks involved in any such project.

    • Is Fanscoin anonymous?

      Fanscoin is designed to allow its users to send and receive payments with an acceptable level of privacy as well as any other form of money. However, Fanscoin is not anonymous and cannot offer the same level of privacy as cash. The use of Fanscoin leaves extensive public records. Various mechanisms exist to protect users' privacy, and more are in development. However, there is still work to be done before these features are used correctly by most Fanscoin users. Some concerns have been raised that private transactions could be used for illegal purposes with Fanscoin. However, it is worth noting that Fanscoin will undoubtedly be subjected to similar regulations that are already in place inside existing financial systems. Fanscoin cannot be more anonymous than cash and it is not likely to prevent criminal investigations from being conducted. Additionally, Fanscoin is also designed to prevent a large range of financial crimes.

    • How are Fanscoins created?

      New Fanscoins are generated by a competitive and decentralized process called 'building on Conflux'. This process involves that individuals are rewarded by the network for their services. Conflux builders develop applications in Conflux's ecosystem or contributing to Conflux's community, working with miners to protect the network are collecting new Fanscoin in exchange. The Fanscoin protocol is designed in such a way that new fanscoins are created at a fixed rate. This makes collecting Fanscoin a very competitive business. When more projects join the network, it becomes increasingly difficult to make a Fanscoin and projects must seek efficiency to cut their operating costs. No central authority or developer has any power to control or manipulate the system to increase the supply of Fanscoin.

    • Why do Fanscoins have value?

      Fanscoin have value because they are useful as a form of money. Fanscoin has the characteristics of money (durability, portability, fungibility, scarcity, divisibility, and recognizability) based on the properties of mathematics rather than relying on physical properties (like gold and silver) or trust in central authorities (like fiat currencies). In short, Fanscoin is backed by mathematics. With these attributes, all that is required for a form of money to hold value is trust and adoption. In the case of Fanscoin, this can be measured by its growing base of users, merchants, and startups. As with all currency, fanscoin's value comes only and directly from people willing to accept them as payment.

    • What determines Fanscoin’s price?

      The price of a fanscoin is determined by supply and demand. When demand for fanscoin increases, the price increases, and when demand falls, the price falls. There is only a limited number of fanscoins in circulation and new fanscoins are created at a predictable and decreasing rate, which means that demand must follow this level of inflation to keep the price stable. Because Fanscoin is still a relatively small market compared to what it could be, it doesn't take significant amounts of money to move the market price up or down, and thus the price of a Fanscoin is still very volatile.

FansCoin - Uniting & Empowering Conflux Community

Support Fanscoin.org
cfx:aajrsff55tubm7x0km8j9jmz4te106h45ua558a15y