About the cryptocurrency
The precise launch date of FuturoCoin (FTO) was January 31st 2018. From that time, this cryptocurrency has started to gain the market of digital assets. As every cryptocurrency, FuturoCoin is built on the blockchain. Its proof-of-work X11 algorithm is similar to Dash’s, so FTO is a decentralized project with masternodes. Developers have published a WhitePaper which is one of the steps to make this cryptocurrency transparent. Similar to the others, FuturoCoin can be mined and the reward for a miner is 50% of the profit. With every mined block there are 13.31811263 FuturoCoins created. There will be exactly 100 000 000 coins from which 30 000 000 will be mined. It is predicted that all coins will be mined in 10 years from the launch date as one block is created in an average time of one minute. To protect users’ funds, FuturoCoin’s developers offer three types of wallets dedicated for FTO. The Core Wallet which is definitely the heaviest as the user has to download the data from the blockchain; the Paper Wallet which is an offline wallet; and the Electrum’s Light Wallet which provides fast access to funds.