FBX is what money was supposed to be. It is a measurement of value and a store of wealth you can use on the internet. Unit of account allows a meaningful interpretation of prices, costs, and profits to the KXCO ecosystem. It allows participants to make sense of KXCO past performance and have an idea of its future profitability. The use of a unit of account enables firms and individuals to choose between activities that yield the highest profit. Here's how FBX is different from traditional money.
FBX is the Reserve Currency of Non-Politicized Money
Money is being printed at the fastest rate in history, destroying the value of your savings. Money was originally envisaged as a unit of account, a measure of value, and a store of wealth. In the modern world, those original goals have been replaced as governments print money to cover their spending, they manipulate interest rates and FX rates for domestic and international trade purposes at the expense of you, their citizen.
We are creating a better financial system, something that will allow KXCO and FBX citizens to participate in our success, not be diluted by politics. At FBX there is an initial round of tokens, smart contracts migrate to the KXCO Armature, once that move is complete the initial base number of FBX will be locked in, it can only grow via forks and subsidiary issues, and no new issue of FBX will ever be made. This is the foundation of our world.
Real Money as the people intended will exist once again without the waste of big government, without artificial interest rates, without currency wars, without the printing press, just pure simple money.
KXCO is committed to building various interfaces with the Fiat and Crypto world making integration as simple and easy as USD to EUR.
FBX lets you be your own bank, you can control your own funds in the KXCO ecosystem as a unit of account making third parties unnecessary.
Internet money may be new but it's secured by proven cryptography. This protects your wallet, your FBX, and your transactions.
You can send your FBX without any intermediary service like a bank. It's like handing cash over in person, but you can do it securely with anyone, anywhere, anytime.
You only need an internet connection and a wallet to accept FBX. You don't need access to a bank account to accept payments.
There are many cryptocurrencies and lots of other tokens on KXCO, but there are some things that only FBX can do.
When you send FBX or use a KXCO application, you'll pay a fee in FBX to use the KXCO network. FBX powers KXCO
You can use FBX as collateral to generate entirely different cryptocurrency tokens on KXCO. Plus you can borrow, lend and earn interest on FBX.
KXCO is a Layer 1 Chain that has built a whole financial system that's peer-to-peer and accessible to everyone.
Because KXCO is programmable, developers can shape FBX in countless ways.
FBX's valuable in different ways to different people.
FBX has been designed as a type of asset that will increase in value as KXCO grows and as the asset base of KXCO grows increasing the purchasing power of the FBX you own.
KXCO is committed to building various interfaces with the Fiat and Crypto world, making integration as simple and easy as USD to EUR. For now, it can be used in the growing
KXCO Ecosystem and can be exchanged for any other Fiat/Crypto at any time.
More recently, FBX has become valuable to users of financial apps on KXCO. That's because you can use FBX as collateral for crypto loans, or as a payment system.
Already Listed on Forbes, Coinmarketcap, Coingecko, MEXC, KXCO, Probit, Coinstbit, Azbit, Coinstore
Q1 Move to Multi-Chain Model with a base on the KXCO Armature, become the Native Currency for the KXCO Armature
Q2 Grow demand for FBX across the KXCO White Label Products and PoS systems, Service 3rd party clients for Fixed Deposits
Q3 Initiate direct securitized lending, acquire Bank License and extend services to 3rd Party Fiat customers
Q4 Review the legal status of Stable Coins and opportunities in Bond Markets, add FBX/EUR FBX/GBP FBX/JPY FBX/AUD FBX/CNY pairs trading