The f(x) ecosystem is fully decentralized. It’s designed and built to run autonomously in perpetuity without the reliance or supervision of any individual or organization. To support this autonomous structure, f(x) Coin which is the underlying ‘currency’ within the f(x) ecosystem has to be decentralized in terms of its distribution, allocation, control, circulation and the way it’s being generated.
NewYorkCoin is a clone of Dogecoin that was established in March 2014. The coin has gone through a revival after dormancy of development starting in January 2018. It is a retail focused cryptocurrency.