Qtum QTUM to Footballcoin XFC Exchange

Crypto Pair Details: QTUM to XFC

Qtum QTUM

Qtum is a decentralized and open-source smart contracts platform and value transfer protocol. Qtum uses proof-of-stake consensus, meaning node operators are rewarded for validating transactions. It is a DGP governed blockchain where community participants can vote to change certain network parameters. Qtum is built on a bitcoin core fork, but the foundation has created its own hybrid blockchain with the help of several key tools. The coin uses bitcoin’s chain because of its simple and stable nature, allowing the foundation to build upon it more easily. As the QTUM project is a hybrid of Bitcoin and Ethereum, its team comprises of members from both Bitcoin and Ethereum community. They also have team members who formerly worked with Tencent, Alibaba, Nasdaq etc. Apart from that, they are backed by some notable VCs and prominent people from the Blockchain community such as Patrick Dai (Project Co-Founder), Neil Mahi (Chief Blockchain Architect/Co-Founder) and Jordan Earls (Lead Developer/Co-Founder). Qtum provides a Turing-complete blockchain stack and is able to execute smart contracts and decentralised applications like the Ethereum blockchain. Qtum builds on Bitcoin's UTXO transaction model and uses the Proof-of-Stake algorithm. It is backed by some highly prominent members of the blockchain community such as Anthony Di Iorio, Xu Star, Bo Shen, David Lee, Jehan Chu and Roger Ver. Qtum sold over 10 million dollars’ worth of its tokens after only 90 minutes, eventually raising a total value of $15.7 million before stopping the campaign early after only 5 days. They raised a total amount of 11,156.766 bitcoins (BTC) and 77,081.031 ether (ETH) in exchange for the 51 million Qtum tokens being distributed to the public. In Qtum’s whitepaper, 51% of the coins were distributed to the public via the crowdfunding campaign. Of the remaining 49%, 29% of the coins would be allocated as community incentives, and the remaining 20% would be distributed to the early backers and development team.

Footballcoin XFC

XFC Coin is a digital currency built using technology similar to that of Bitcoin, with the same monetary properties. XFC Coin is the registered crypto currency of FootballCoin, used for in-game transactions and for trading against other currencies. The first Football Manager game with collectible cards. You own what you collect. Create your own football team based on official stats and win. FootballCoin is developed on top of Bitcoin’s blockchain technology and features it’s own cryptocurrency – XFCCOIN. FootballCoin allows you to act like a real manager, predicting player form, match outcomes, ability development and rewarding managers for their results. Building your fantasy team will have you choose from the available list of professional players. Based on the performance of the selected players, your team will accumulate or lose points. Positive events (such as scoring goals, contributing assists, keeping a clean sheet) will add points to your team. Negative events (such as receiving yellow/red cards, conceding goals, missing penalties) will see the players lose points. Moreover, players’ positions are of relevance as they have a direct impact on how they score in the game. Build a team with efficient players, who will score high and make you win!

SOURCE: COINGECKO

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