Flowchain token (FLC) is the digital assets of valuing Flowchain networks.
User can mine and redeem FLC tokens
Use FLC as hardware crypto tokens to protect your data and ensure data privacy
Use FLC in tokenized hardware to enable digital assets exchange without any central party
Use FLC to ensure your data trust that would be the originators of the data
FLC, as described in its legal opinion report in 2019, is a utility token that can be used in the Flowchain Network. Furthermore, to support Flowchain’s hybrid architecture, FLC requires an off-chain issuable token technology to provide minted token redeem and user withdraw capabilities.Learn More
FlowchainCoin (FLC) is a utility token that can be used in the Flowchain private blockchain.
|Founder||5%||Reserved for the founder|
|Foundation||10%||Reserved for the Flowchain foundation|
|Company||5%||Reserved for marketing, advisors reward, and business development|
|Private Sale||20%||Long-term project funding|
|Block Rewards||60%||Incentives for nodes to join Flowchain mainet|
FLC tokens are not intended to constitute securities in any jurisdiction. The white paper does not constitute a prospectus or offer document of any sort, and is not intended to constitute an offer of securities or a solicitation for investments in securities in any jurisdiction.
The Flowchain Foundation Limited disclaims any and all responsibility and liability to any person for any loss or damage whatsoever arising directly or indirectly from (1) reliance on any information contained in this white paper, (2) any error, omission or inaccuracy in any such information, or (3) any action resulting therefrom.
The value of FLC tokens is currently very volatile. Flowchain Foundation ("Company") does not have any means of stabilizing the token value, please buy at your own risk. Unlike bank accounts or accounts at some other financial institutions, FLC are uninsured unless you specifically obtain private insurance to insure them. Thus, in the event of loss or loss of utility value, there is no public insurer or private insurance arranged by Company, to offer recourse to you. Because FLC are based on the Ethereum protocol, any malfunction, breakdown or abandonment of the Ethereum protocol may have a material adverse effect on the platform or FLC. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the FLC and the platform, including the utility of the FLC for obtaining services, by rendering ineffective the cryptographic consensus mechanism that underpins the Ethereum protocol.