In order to solve the existing problems in the fan economy for a long time, such as centralization-based value system, unhealthy market environment, exploitation of intermediary agents , limited channels of commercialization, we will establish a global decentralized ecosystem to reconstruct the industry market environment including value and credit mechanism.
CryptoFranc (XCHF) is an ERC-20 stablecoin issued by Swiss Crypto Tokens AG, representing a Swiss Franc denominated bond. All XCHF are fully backed by physical CHF bank notes which are audited by Grant Thornton Bank Audit Ltd on a monthly basis. Currently, 12’030’000 XCHF tokens are in circulation.