TALLINN, Estonia, Dec. 1, 2021 /PRNewswire/ — European cryptocurrency exchange CoinField has announced the launch its native Coin “CoinField Coin” (CFC) also known as Field Coin.
The CoinField Coin (CFC) will play a central role in CoinField’s ecosystem across the 186 countries in which CoinField operates including in Nigeria, Africa where CoinFields strategic partner, Tingo Mobile PLC, a Subsidiary of USA based Tingo Inc, OTC Markets Publicly Traded as IWBB, is Africa’s largest agri-fintech with almost 10 million customers in Nigeria, Africa.
Coins from centralized crypto exchanges are popular because, unlike the vast majority of crypto coins and tokens, these coins have a verifiable use case: they allow lower-cost access to trading crypto, fiat and, more rarely, other goods and services.
Coin Field Coin will be in a unique position because together CoinField and strategic partner Tingo have over $20 billion a year in transactions that could make use of the CoinField Coin.
The CoinField Coin (CFC) is a utility coin with a limit of one billion coins (1,000,000,000).
These one billion Coinfield (CFC) will be created, never to be increased. CFC will offer many benefits to its holders and can be used to pay any fees on the CoinField platform, including the exchange fees, withdrawal fees, listing fees and many more. CFC will also be used as a reward for CoinField’s Partner, Referral and Staking programs. Not to mention the fact that CFC will be a part of Nwassa trading platform used by Tingo’s almost 10 million customers and related food and agriculture trading platforms.
10% of the one billion CoinField coins (100 million coins) will be donated to charities, particularly those that support farmers, and to create new and novel innovations for growing food and improving the nutritional quality of food.
The public CoinField Coin’s Initial Exchange Offering (IEO) will start on December 7th, 2021, with an initial quantity of up to 300,000,000 CFC for sale. CFC…
