Question : What is ITO?
Answer :
ITO stands for Initial Token Offering, though the majority goes with ICO which stands for Initial coin offering, we decided to go with ITO because we believe that this is the right term.
Let me explain, coins really only have one utility — to act as simple stores of value with limited-to-no other functionality however tokens are a completely different breed all together. They can store complex, multi-faceted levels of value thus we believe that ICO is the wrong term in this case but in order to fit the norm we had to compromise.
Question : What’s the problem with normal “ ICOs/ITOs “
Answer :
Too expensive to start with as we’re having a large scarcity in developers within the blockchain community. Besides the current ICO/ITO state is in a messed up state as businesses are getting funds without doing anything to gain trust from society. You need to be trust worthy before asking someone else to trust you.
Question : What the hell is FST?
Answer :
FST stands for Funders Smart Token. We believe everyone should be able to issue smart token with the right concept and trustworthy standard, without any blockchain talent in-house or throwing millions in development. We firmly believe that token should be smart itself, and with the help of tokens businesses can be more friendly and grounded.
Question : Will you be launching your own Token ?
Answer :
Hell yes ! Sept 15 18:00 China Time ! Check us out at https://www.fstk.io/