Dear MXCers:
The 3rd session SpaceM goes live, and the project for this session is ForceForFast(FFF).
MXC SpaceM is a new listing channel for high-quality projects. It links the project with various crypto communities where community users are able to gain the project's token with certain discounts via ticket draw, subscription, etc.
In this session of SpaceM, the format of the draw is adopted. The following are the details:
1.Eligibility：
MX Round
User’s minimum MX token holding amount for 30 days from 12:00, May 11 to 12:00 (UTC+8), June 12 is used to determine how many tickets a user can get. The details are below:
Token allocation per ticket: 30,000 FFF
The sale price: 0.0035 USDT
Margin Trading Round
The user’s trading volume of margin from 16:00, June 10 to 16:00, June 12 (UTC+8) or user's holdings of USDT before the moment of claiming ticket is used to determine how many tickets a user can get. The details are below:
Token allocation per ticket: 12,500 FFF
The sale price: 0.004 USDT
If the user meets any one condition of trading volume or holdings amount of USDT, he is eligible to get the tickets. If the user meets both conditions of trading volume and holdings amount of USDT, the tickets accumulated.
Note: The available balance of USDT can be counted as the holdings of USDT, and the frozen assets are not included. Please note that the USDT will be frozen until the results of the ticket released.
2.Ticket-claim time: 09:00 - 16:00 (UTC+8), June 12
Please note that the ticket number is ranged from 00001 to 99999. Users can draw a number of tickets based on the MX token holding amount for 30 days. Each user can get a number of tickets.
3.Draw results will be released at 18:00 (UTC+8), June 12. Participants can visit the MXC SpaceM page to check if they get the lucky number or not.
4.Settlement time: MX token will be used for the exchange of the FFF token that the participants have won. The system will deduct the MX token from the winners' account at the corresponding price at 19:00 (UTC+8), June 12. Therefore, winners shall have enough MX balance (except the frozen MX token) to exchange FFF token before the time there. Otherwise, it will be deemed that the participant gives up the chance by himself.
5.The amount of MX to be deducted = (Number of winning tickets * the token amount of FFF for each ticket* the sale price of FFF) / average price of MX
6. The average exchange price of MX will be determined by the average closing price from 9th June to 11th June.
7.The amount and sale price of FFF for this session:
Sale price of FFF: 0.0035 USDT for MX Round, 0.004 USDT for Margin Trading Round
Sale amount: 25,000,000 FFF
The official activity site for FFF:
MXC SpaceM：https://www.mxc.ai/spaceM/list
Listing Information
1. Listing Exchange: MXC.COM
2. Trading pair: FFF/USDT
3. Listing time: 20:00 (UTC+8), June 16
4. Deposit and withdrawal time: to be announced
5. C2C PUSH trading time: 12:00, June 15 - 19:00, June 16 (UTC+8)
Project Introduction
Force For Fast” (FFF) is a car community that uses blockchain as the underlying technology. It is a sports entertainment, social, and life style platform dedicated to car enthusiasts and car racing fans.
The core products include the world’s first blockchain sandbox strategy racing game, which uses the global map as a sandbox to reflect the most realistic roads, maps commercial services and institutions in the real automobile market, and refers to relevant rules of automobile events to allow users to feel the real world in a virtual community.
All vehicles and industries (gas stations, comprehensive dealers, etc.) in FFF are users ’digital assets (NFTs). Users can purchase, upgrade and modify their dream cars to participate in the championship glory of the major virtual car events, gallop freely on the real global map, and enjoy the touch of thrilling competitive pleasure. This allows players to enjoy token rewards and value rewards while having fun online and making friends.
Project Highlights
1.Product
Cars and car culture have a large audience worldwide. FFF will bring these vast car users and enthusiasts into the blockchain and is a project that can easily reach mainstream users.
FFF can meet the different needs of different types of users. Investors can obtain appreciation gains by operating assets. Organizers can use their advantages to introduce traffic into the FFF ecosystem to achieve diversified liquidity. Mass consumers can get the ultimate gaming experience in the FFF community, fully enjoy the reflection of the real-world car racing scenes, and gain satisfaction in this virtual community. There not only is daily car services, but also the speed and passion on the tracks.
In terms of business resources, FFF has reached strategic cooperation with the leading car enthusiast communities, reserved a large number of potential users that can be introduced into the game in the future, laying the foundation for the success of the game.
Blockchain technology:
- All vehicles and industrial assets are NFT. FFF is dedicated to creating new gameplay based on NFT transactions.
- FFF has a very comprehensive token mechanism and governance system, players can participate in the ecological co-construction through the POA mechanism and get rewards. The POA design in the game highly restores real-life automotive application scenarios, including modified vehicles, test-driving vehicles, participating in competitions, organizing competitions, and so on.
Marketing:
We will do different marketing designs for different markets and provide localized promotion services. Using global auto events, a reflection of real-world maps, to hold events in iconic cities around the world, interact with players around the world in different forms, and carry out marketing and promotion.
Project Links
Official website: www.forceforfast.com
Block Explorer: https://cn.etherscan.com/token/0x22f098F08c4eda4bE4ad6B4ba59866F3E98CEF92
Whitepaper: https://fff-download.oss-cn-beijing.aliyuncs.com/file/FFF%E7%99%BD%E7%9A%AE%E4%B9%A6v1.19.pdf
Telegram: https://t.me/MixMarvelGlobal
Token Use Case
FFF is an in-game incentive point. Players can complete the behaviors that are beneficial to the game ecology through the POA mechanism and use this to obtain corresponding rewards. In addition, FFF can be used in some special scenes in the game, such as obtaining special props from official sales, operating industrial assets, pledge dividends, participating in game events, advertising, and etc. Also, users can trade FFF in the secondary market.
Token Supply and Allocation:
Circulation: 10,000,000,000 FFF
Community rewards of 5 billion (50%): from the game’s official launch, 10% of the remaining amount will be released for every 100-day period;
Technology development 1 billion (10%): 5:1 proportion equal to the number released for community rewards;
Market operation 1 billion (10%): 5:1 proportion equal to the number released for community rewards;
Ecological cooperation 1 billion (10%): 5:1 proportion equal to the number released for community rewards;
Development Foundation 1 billion (10%): Released during the first 900 days of launch, with 1/30 released every 30 days;
Early investors 500 million (5%): Released during the first 300 days of launch, with 1/10 released every 30 days;
Initial issuance of 500 million (5%): From the initial issuance, it will be used to expand the number of holders and the amount of usage will be announced regularly;
Note:
According to relevant regulations, users from the following countries/regions (according to KYC information) cannot participate in the draw: China, Hong Kong, Cuba, Iran, North Korea, Crimea, Sudan, Malaysia, Syria, USA [including all USA territories such as Puerto Rico, American Samoa, Guam, Northern Mariana Island, and the US Virgin Islands (St. Croix, St. John, and St. Thomas)], Bangladesh, Bolivia, Ecuador, and Kyrgyzstan.
Risk Tips
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MXC Exchange will make best efforts to choose high-quality coins, but will not be responsible for your investment losses.
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Enjoying your trade on MXC.
The MXC team
June 10, 2020
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