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TFC (TheFutbolCoin) is used in the TFA (TheFutbolApp) Web3 platform themed around football to buy NFTs created by fans and clubs. TFC is the only way to pay for ads in TFA. TFC is also accepted for ticket sales and merchandise sales at participating clubs such as Livingston FC in Scottish Premier League.
What is TheFutbolCoin?
TheFutbolCoin (TFC) operates as a digital currency tailored specifically for the global soccer community, leveraging the Stellar blockchain for its operations. It serves as the core medium of exchange within the TFA Platform, a Web3 ecosystem designed to enhance the football experience through digital innovation. TFC's utility spans a wide range of applications, from facilitating transactions within the platform to enabling the purchase of NFTs, which include fan-created content and official club merchandise. These NFTs represent a digital collectible aspect, allowing fans to own a piece of their favorite sport in a new and exciting way.
Beyond its use for acquiring digital collectibles, TFC is instrumental in staking processes, DAO (Decentralized Autonomous Organization) voting mechanisms, and as a payment method for various services. This includes ticket sales for games, purchasing merchandise, and even settling advertisement payments within the TFA ecosystem. The adoption of TFC by entities such as Livingston FC highlights its growing acceptance as a legitimate form of payment within the soccer industry.
The platform's strategic partnerships, such as the agreement with the China International Cultural Digital Asset Exchange, aim to expand the reach of football-related NFTs into new markets, thereby increasing the global footprint of TFC. This move not only broadens the utility and appeal of TFC but also connects the world of soccer with the burgeoning field of digital assets, offering fans innovative ways to engage with the sport.
As with any cryptocurrency or digital asset, individuals interested in TFC should conduct thorough research to understand the risks and opportunities associated with its use and investment.
How is TheFutbolCoin secured?
TheFutbolCoin (TFC) employs a multifaceted approach to security, ensuring the safety of its users' assets through a combination of technological and procedural safeguards. Firstly, it incorporates two-factor authentication (2FA), a critical security measure that adds an extra layer of protection beyond just a password. This means that even if a password is compromised, unauthorized access is still prevented unless the second factor is also known or possessed by the attacker.
In addition to 2FA, TFC uses a whitelist of approved addresses, which restricts transactions to only those addresses that have been previously verified and deemed trustworthy. This significantly reduces the risk of funds being sent to malicious or unintended recipients.
The security of TFC is further enhanced by its partnership with a payment processor that adheres to stringent European Know Your Business (KYB) procedures. This includes compliance with regular financial and regulatory audits, ensuring that the operations are transparent and adhere to high standards of regulatory compliance.
Moreover, the use of encryption in wallet technology is another layer of security that protects users' funds from unauthorized access. Encryption ensures that even if data is intercepted, it cannot be deciphered without the unique key.
It's also important for users to adopt secure practices, such as using strong, complex passwords and diversifying their crypto assets across different wallets and exchanges. Conducting thorough research into the credibility and security measures of cryptocurrency exchanges before using them is crucial.
TFC's integration into the TFA (TheFutbolApp) Web3 platform, where it is used for transactions such as buying NFTs, paying for ads, and purchasing tickets and merchandise, underscores the importance of these security measures. By ensuring a secure environment, TFC fosters trust among its users, which is essential for its adoption and use within the football-themed ecosystem it supports.
Remember, while TFC and its partners take significant steps to secure assets, it's also vital for individuals to exercise caution and perform due diligence before engaging in any cryptocurrency transactions.
How will TheFutbolCoin be used?
TheFutbolCoin (TFC) serves as a versatile digital currency within the football and sports ecosystem, particularly through its integration with the TFA Platform. This cryptocurrency facilitates a range of interactions and transactions, catering to both fans and businesses within the football community.
One of the primary uses of TFC is to engage with the various features and functionalities of the TFA Platform. This includes running advertisements within the Web3 TFA app, a space where businesses can reach an engaged audience of football enthusiasts. Moreover, TFC is the exclusive payment method for these ad placements, emphasizing its importance within the platform.
Beyond advertising, TFC is utilized within the TFA app for staking in football-related predictions and trivia games. This not only enhances user engagement but also rewards active participation within the community. Additionally, TFC can be used to purchase goods and services from over 100 businesses in Cyprus, demonstrating its acceptance and utility beyond the digital realm.
The cryptocurrency also plays a significant role in the world of Non-Fungible Tokens (NFTs), particularly in the Chinese market through a partnership with CICDAE. Fans and clubs can create NFTs, which are then bought and sold exclusively with TFC, adding a unique layer of interaction and transaction within the football community.
Furthermore, TFC is accepted for ticket and merchandise sales at participating clubs, such as Livingston FC in the Scottish Premier League. This not only broadens the utility of TFC but also enhances the fan experience by simplifying transactions related to their favorite clubs.
In addition to these practical applications, TFC is instrumental in fan-based projects and increasing fan interaction through blockchain technology. This innovative approach to leveraging cryptocurrency within the football ecosystem underscores the potential for mass market adoption and use, particularly in enhancing the global football experience.
As with any cryptocurrency investment, it's important to conduct thorough research and consider the inherent risks before engaging with TFC or any digital currency.
What key events have there been for TheFutbolCoin?
TheFutbolCoin (TFC) has experienced several significant milestones that have contributed to its growing presence in the cryptocurrency and football worlds. One of the initial key events was the release of the TFC Token, which laid the foundation for its ecosystem. This release was a critical step in enabling the various functionalities that TFC offers today.
Another notable achievement for TFC has been the execution of over 1,300,000 transactions. This high volume of transactions demonstrates the active use and utility of TFC within its ecosystem, highlighting its acceptance and adoption among users.
The acceptance of TFC by over 400 businesses marks a significant milestone in its adoption. This wide acceptance is crucial for expanding the utility and real-world application of TFC, making it more than just a digital asset but a medium of exchange in various transactions.
The ability to trade TFC on major trading platforms has also been a key development. This accessibility has likely contributed to its growing visibility and adoption among the broader cryptocurrency community.
Partnerships have played a crucial role in the expansion and utility of TFC. By collaborating with various organizations, TFC has broadened its reach and application, particularly in the football world. These partnerships are essential for fostering a more extensive network and community around TFC.
The integration of TFC within the TFA Platform for various purposes, including the purchase of NFTs created by fans and clubs, payment for advertisements, and transactions for ticket and merchandise sales at participating clubs, underscores its utility in the football ecosystem. Specifically, its adoption by clubs such as Livingston FC for ticket and merchandise sales exemplifies its real-world application and acceptance in the football community.
These milestones collectively underscore the progress and potential of TFC in bridging the worlds of cryptocurrency and football, offering a unique value proposition for users, businesses, and football enthusiasts alike. As with any cryptocurrency, individuals interested in TFC should conduct thorough research to understand its features, benefits, and risks before engaging with it.
The live TheFutbolCoin price today is $0.002106 USD with a 24-hour trading volume of not available. We update our TFC to USD price in real-time. TheFutbolCoin has no change in the last 24 hours. The current CoinMarketCap ranking is #9459, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,499,999,950 TFC coins.