SoftConstruct-backed Fastex accomplished one of many largest token gross sales of 2023 and goals at constructing a new-gen ecosystem of cryptocurrency merchandise for newbies and professionals.

Fastex raises $23 million for Fasttoken (FTN) in non-public and public rounds

Based on an official assertion made by the Fastex workforce, its Fasttoken (FTN) two-phase sale occasion is over. In two rounds — a personal token sale for classy traders and a public sale for retail fans — the undertaking managed to lift $23 million in equal.

⚡Right here comes the tip! $FTN #PublicSale is formally over!

We wish to say an enormous thanks to everybody who joined us and made it such an enormous success 🤩

Let’s hit the street for brand new wonderful adventures with #Fasttoken!#crypto pic.twitter.com/2ppxt83UhH

— Fasttoken (@fasttoken_com) January 21, 2023

Whereas the strategic non-public sale was organized a few weeks in the past with out a lot fanfare, the general public Fasttoken (FTN) sale occasion was introduced on Jan. 18 and took three days.

This spherical is of specific significance for the younger product. Contemporary funds will supercharge the subsequent phases of its advertising and marketing street map and technical improvement.

Vigen Badalyan, a co-founder of SoftConstruct, is worked up by the help of the worldwide cryptocurrency group and is bound that the newly-raised cash will enable his workforce to deal with essentially the most formidable objectives in 2023:

We’re excited for the subsequent part of progress for Fasttoken (FTN) and the Fastex ecosystem. Our aim has all the time been to convey the advantages of Web3 to recreation gamers and our gaming companions and we’re laser-focused to make that occur. We’re additionally immensely grateful to the greater than 100 gaming companions who’ve chosen to undertake Fasttoken (FTN) as their in-game token

Additionally, on Jan. 26, 2023, the FTN token worth dynamics chart was added to CoinMarketCap, the biggest crypto web site globally. At press time, Fasttoken (FTN) is on the market on the Ethereum-based Uniswap v3 DEX in a buying and selling pair with U.S. Greenback Tether (USDT), the largest stablecoin.

Utility token for all-in-one ecosystem: What’s Fasttoken (FTN)?

Fasttoken (FTN) will underpin a multi-product ecosystem of cryptocurrency companies, together with ftNFT, an NFT market; Fastex Pay for crypto transfers; FastexVerse, a gaming metaverse; and Fastex Alternate for spot buying and selling.

As of early 2023, greater than 100 blockchain gaming suppliers have scored partnerships with Fastex. In flip, Fasttoken (FTN) goes to play a pivotal position in powering their GameFi titles.

Additionally, FTN will gas Fastex Chain, an upcoming EVM-compatible blockchain tailor-made for DeFi- and NFT-centric use circumstances. The brand new blockchain will leverage a high-performance proof-of-staked-activity (POSA) consensus for transaction validation.