FOX
No. 731Price
Markets
Market | Price | 24H Change | 30D Change | 24H Volume | 24H Value |
|---|
- Coin Introduction
1. Project introduction
ShapeShift is a borderless, cross-chain crypto trading platform and portfolio manager for user self-sovereignty. The platform enables users to buy, send, receive, swap, and manage assets via mobile interface or web platform, and lets them choose to use a range of software or hardware wallets, including ShapeShift native, Portis, KeepKey, Trezor, and Ledger.
ShapeShift is a 100% self-custody platform, meaning the user always controls their keys. ShapeShift does not collect personal information and adds no trading fees. The project’s governance and utility token, FOX, granted on all trades, makes trading more competitively priced than going directly to DEXs.
ShapeShift was founded in 2014, originally as a privately held company based in Switzerland. However, in June 2021, the organization announced that it was becoming a fully decentralized project, open sourcing all of its source code and turning ownership and governance over to the community of FOX Token holders.
2. Team introduction
CEO & Founder: Erik Voorhees
Linkedin: https://www.linkedin.com/in/erikvoorhees/
CFO: Scott S.
Linkedin: https://www.linkedin.com/in/scottsiversen/
Principle Engineer: Adam Samere
Linkedin: https://www.linkedin.com/in/adamsamere/
3. Investment institution
Earlybird Venture Capital, Coinbase Ventures, Chapter One Capital, Lakestar, Digital Currency Group, Access Venture Partners, etc.
4. Application and distribution
Total supply: 1,000,001,337
Token application:
It's used as governance token and utility token to provide benefit when transactions happen.
Token distribution:
Already in Circulation: 1%
ShapeShift Decentralization: 1%
Foundation: 8%
Customers and DeFi Community: 34%
ShapeShift DAO Treasury: 24%
Employees and Shareholders: 32%
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.