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FUTEREUM

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The FUTR Of Crypto

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FUTM

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FUTB

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FUTX

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FUTC

A synthchain is a series of interconnected smart contracts that is designed to create value reinforcement for existing cryptos and tokens that are already in wide circulation.

Synthchains Contain The Following Unique Features:

Token Chains

Tokens that are used as proxy units of value for digital currencies with which they are freely exchangeable after a certain number of proxies are issued and/or after a certain period of time has elapsed.

Synths

Tokens that are programmed with a specific mining / call function allowing the holder to draw down any digital currencies that are in the Synth smart contract.

Feemine

A “fee” function in token chains that forces a part payment of underlying token or proxy token unit value into the Synth so that the Synth acts as a value delivery agent with exponentially rising value over time.


Synthchains have the advantages of requiring NO Initial Coin Offering event, are easy to develop and put in place, are network assimilative and cross-chain operable as well as having no currency premine enabling wider distribution. Because of their natural configuration as one which accrues value over time they are also the most profitable and secure way of making investments in and storing digital currencies. In short Synthchains contain Technological, Legal, Financial advantages over any existing blockchain software around.

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The Futereum Synthchain is a synthchain designed to operate on the ERC network with the intention of supporting the network in terms of functionality, value multiplication and reinforcement as well as enhancing more wide spread use-cases of blockchain as a 21st century financial tool. Futereum aims to give users the ability to own a blockchain-based synthetic digital representation of any asset in existence, written in Ethereum-based ERC-20 tokens.

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A Multi-Currency System

Futereum is the world's only multi-currency synthetic mining system built on the ERC network. It is designed to increase network efficiency, create a layer of value efficiency and to reduce overall market volatility of cryptocurrencies.

Synthetic Utility

Futereum contracts are the world's only example of digital currency products that use synthetic utility to create new units of value. This synthetic utility is achieved via thousands of lines of software code, live-streamed APIs via a customised Oracle and Fibonacci mathematics.

Inflation-Proof Spending

Via Futereum's incrementally more powerful custom algorithms and use of Brownian mathematics to achieve par distribution, and via a custom Genius Contract which recognises and stores claimable coins and tokens inside the token's software, the Futereum Synthchain is only known inflation-proof currency system in operation today.

What Is Futereum?

Futereum is the world's first synthchain created by a decentralised group of smart contract engineers and economists. It allows holders of cryptocurrency tokens on the ERC network to more safely and profitably store their cryptos.

Is Futereum Complicated?

Blockchain is a complex technology that has been reduced to less complexity which has led to value erosion of the tech's core features. Synthchain is a highly complex technology but is easy to understand after a little reading up.

What Are The Benefits Of Futereum?

Futereum has five currencies: Futereum, Futereum X, Futereum Bitcoin, Futereum Markets and Futereum Centurian. These are the only inflation-proof currencies known in the world today and amass value over time.

Who Created Futereum?

Futereum was created by a worldwide group of software developers, engineers and financial markets specialists. It is an ongoing work in progress and all engineers are welcome to participate as it is 100% decentralised.

Where Do I Go To Find Out More?

Start with the White Papers provided in the menu bar at the top of this website and go to the Futereum Discord where a community of investors and product specialists as well as written product guides can be found.

Is The Synthchain A Blockchain?

The Synthchain, which is Futereum's core technology, is what creates unprecedented value support for ERC-based cryptocurrencies. It is not a Blockchain but it is a synthetic layer that lies over a smart blockchain using smart contracts.


"In essence, what Futereum brings to the Ethereum ecosystem is the very first synthetic form of value that is created automatically via smart contracts. The implications of this achievement are in no way minor. In order to successfully create synthetic utility and not synthetic value – directly associated with the terrible sub-primes which destroyed the housing market in 2008-2014 – one must take into consideration how said value comes into existence." - Pedro Febrero

Futereum follows a number of rules that give it value:

1

Algorithms

Have well-designed algorithms that follow standard rules and do not deviate from them (deterministic).

2

Set Rewards

Have set rewards based on checkable functions and variables, like block-weights (time).

3

Tokens

Have a basket of tokens (preferably with market value) that can swap back and forth with the main token.

4

No Randomness

Have no degree of randomness in payouts, meaning investors can easily calculate payouts depending on the total invested amount, time period, and network value.

FUTEREUM

THE FUTR OF SYNTHETIC UTILITY

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FUTEREUM MINING GUIDE:

There are five main tokens that make up the Futereum ecosystem, including additional ERC-20 tokens that are used to mine the FUTB smart contract. The above image can be explained below:

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MINING FUTR OR FUTX

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When mining FUTR or FUTX with ETH:

1. 85% of the ETH is stored in the FUTR/FUTX smart contract.

2. 10% of the ETH is sent to the FUTC smart contract as a mining fee, and 5% of the ETH is kept by the project.

In the case of FUTR:

3. The FUTR smart contract will then send FUTR tokens back to your wallet at a rate of [x amount of FUTR per 1 ETH] where x is relative to the current FUTR mining difficulty level.

4. At the end of 12 months, if all levels of FUTR are mined, FUTR swaps back for a proportionate share of ETH. If all levels are not yet mined, the swap will happen at the end of month 36.

In the case of FUTX:

5. The FUTX smart contract will then send FUTX tokens back to your wallet at a rate of [x amount of FUTX per 1 ETH] where x is relative to the current FUTX mining difficulty level.

6. At the end of 3 months, if all levels of FUTX are mined, FUTX swaps back for a proportionate share of ETH. If all levels are not yet mined, the swap will happen at the end of month 12.

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MINING FUTB

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When mining FUTB with FUTR or FUTX:

7. 50% of the FUTR or FUTX is stored in the FUTB smart contract.

8. 50% of the FUTR or FUTX is sent to the FUTC smart contract as a mining fee.

9. FUTB can also be mined using various approved ERC-20 tokens.

The FUTB smart contract will then send:

10. FUTB tokens back to your wallet at a rate according to a price history identical to that of Bitcoin’s historical trading cost multiplied by the value of one FUTR and/or FUTX per every $10 expenditure in Fiat terms.

11. FUTB holders are able to swap their FUTB tokens back for a proportionate share of all tokens residing inside the FUTB smart contract once 21,000,000 FUTB have been mined.

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MINING FUTM

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When mining FUTM with FUTB:

12. FUTM can be mined by sending FUTB tokens to the FUTM smart contract at a rate of [CMC/1B*FUTB = FUTM] ( i.e where CMC = CoinMarketCaps live index price, 1B = 1 billion, the result of which being the amount of FUTB requried to mine 1 FUTM).

The FUTM smart contract will then send:

13. 65% of the FUTM tokens back to your wallet.

14. 35% of the FUTM tokens to the FUTC smart contract as a form of taxation.

15. FUTM holders are able to swap back their FUTM tokens for a proportionate share of the FUTB tokens stored inside the FUTM smart contract once either 100,000 FUTM have been mined, or 100 days have elapsed.

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CLAIMING FUTC HOLDINGS

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When claiming FUTC holdings:

A FUTC holder can claim a proportionate share of all tokens that are stored in the FUTC smart contract at any time. Once claimed, only newly 'unclaimed' deposits will be made available for the FUTC holder to claim.

What Does Mining Into The Smart Contract Mean?

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Well, it means that you are sending tokens to the smart contract and get other tokens back, in an alogrithm. This means you are not getting the same amount of tokens every time, but, in the case of FUTB, it mines like bitcoin did from the early days. So the amount you get goes up and down like that.
  1. You have to approve to the smart contract you are about to mine the max amount of coins. If you wish you can do this once.. just approve a high number. Beware the 18 zero’s in the amount so you have to approve for instance 9999999999000000000000000000.
  2. Second, use the “mine” function to send the tokens (for instance send your PRE tokens) to the smart contract for mining (for instance FUTB).
  3. You get your tokens in your wallet!

"Synthetically-Mined Tokens are tokens which are issued up to a specific hard cap and receive currency in their smart contract that is locked away. The value of this currency ‘backs’ the token and offers buyers a guide price as to the intrinsic value of the token. The contents of the SMT smart contract is always locked. It is the unpegged gold-standard of crypto." - Daniel Mark Harrison

INTERVIEW

In this video leading economist and cryptocurrency journalist Pedro Febrero of CCN.com and Coinrivet.com and founder of Bityond, interviews the Futereum creator Daniel Mark Harrison about how the Futereum synthchain works, what it does, his reasons for creating it and much more. This is a great primer video for newcomers on the technology as well as an interesting 45 minute behind-the-scenes account of what it took to design the world's first inflation-proof currency software system.

The FUTEREUM Token Family

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TOKEN NAME - Futereum Token 
TOKEN TICKER - FUTR 
TOKEN TYPE - Digital Note

SMART CONTRACT ADDRESS
0xc83355ef25a104938275b46cffd94bf9917d0691

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TOKEN NAME - Futereum Markets 
TOKEN TICKER - FUTM 
TOKEN TYPE - Digital Note

SMART CONTRACT ADDRESS 
0xee418a19d6620aa478489032c2cb63464dd3e690

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TOKEN NAME - Futereum X
TOKEN TICKER - FUTX
TOKEN TYPE - Digital Note

SMART CONTRACT ADDRESS
0x8b7d07b6ffB9364e97B89cEA8b84F94249bE459F

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TOKEN NAME - Futereum BTC 
TOKEN TICKER - FUTB 
TOKEN TYPE Synthetically-Mined Token

SMART CONTRACT ADDRESS
0x30c6fe3ac0260a855c90cab79aa33e76091d4904

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TOKEN NAME - Futereum Centurian 
TOKEN TICKER - FUTC
TOKEN TYPE - Synthetic Mining Application

SMART CONTRACT ADDRESS
0xf880d3c6dcda42a7b2f6640703c5748557865b35

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EMAIL: info@futereum.com