(MENAFN- Zex PR Wire)
INTERNET CITY, DUBAI, May. 23, 2022, ZEXPRWIRE , LBank Exchange, a global digital asset trading platform, will list FidoMeta (FMC) on May 23, 2022. For all users of LBank Exchange, the FMC/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on May 23, 2022.
As the world's first virtual financial institution on metaverse, FidoMeta (FMC) focuses on creating businesses in the world of VR (Virtual Reality), with products and services including Fido Markets, Fido Virtual Central Bank, FidoMeta Wallet, FidoMeta Virtual University, FidoMeta Advisory Platform, and more. Its native token FMC will be listed on LBank Exchange at 18:00 (UTC+8) on May 23, 2022, to further expand its global reach and help it achieve its vision.
Focusing on creating businesses in the world of Virtual Reality, FidoMeta (Fido Metaverse) provides products and services that have been designed and developed to serve the real-world community through the advancement of technology and digital presence, which include Fido Central Bank, Fido Markets, FidoMeta Wallet, FidoMeta Virtual University, and FidoMeta Advisory Platform.
Fido Central Bank is an apex body that controls, operates, regulates, and directs the entire banking and monetary structure in the Fido Metaverse. It makes regulations for the operation of other crypto projects that want to run their banks in the Fido Metaverse. All the other banks on the land of Fido Metaverse have to work under the instruction and regulations developed by the Fido Central Bank.
Fido Markets is a multi-asset online trading platform where users can trade Forex, Commodities, Metals and Cryptos, and experience enhanced MT5 access, instant withdrawal and deposit. FidoMeta wallet is a decentralized secure multichain crypto wallet. It allows user to send and receive their coins anywhere anytime on any chain, and supports multiple public chain digital assets at the same time.
In addition, a virtual university will be set up in the Fido Metaverse where users will be allowed to take up academic and professional certification courses. Furthermore, with FidoMeta Advisory Platform, users will also be able to consult professionals on matters like financial modeling, human resources, etc.
About FMC Token
FidoMeta (FMC) token acts as the core utility token across a portfolio of FidoMeta products, including staking, reward sharing through providing liquidity to or securing the protocol, as well as governance procedures. As FidoMeta products continue to grow and FMC token continues to innovate in the DeFi space, FMC holders will be able to propose and decide upon key protocol parameters to all FidoMeta products and how the products interoperate.
Based on BEP-20, FMC has a total supply of 15 billion (i.e. 15,000,000,000) tokens. It taxes a total of 6% on each transaction, of which 3% is distributed to holders as reward, 0.5% goes to the burn address, 1% goes to the FMC ecosystem, and the rest 1.5% is distributed to the presale investor wallet. There is also a price fall control mechanism, so that when the price of FMC gets down to the boundary, tax fee increases and distributed to the existing holders as a reward.
FMC will be listed on LBank Exchange at 18:00 (UTC+8) on May 23, 2022, investors who are interested in the FidoMeta investment can easily buy and sell FMC token on LBank Exchange by then. The listing of FMC on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
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