Falcon Project. Vision from the Co-Founder

Year 2020. More than 10 years have passed since the launch of the first Bitcoin block. About five years the Etherium platform. Many forks, tokens, and many other things were created, which could be done on the basis of these two systems for such a long time.

Hundreds of millions of dollars were spent after collecting ICOs on new blockchains, which only complemented and slightly modernized the first coin. In some cases, these were just tokens.

Perhaps the blockchain technology after Bitcoin and Ethereum will not reach a new level. After all, everything that is needed is already there and works great. And therefore, to create a really good crypto project, nothing new is needed. You can take something ready and combine everything in one ecosystem.

It reminds me of the first iPhone. Its technologies were known to mankind, but were used separately. A truly real breakthrough occurred only when these technologies were combined in one device. This story pushed us to create the Falcon project.

In the future, we also plan to consider other systems for integration into our project, if this gives us an advantage over other projects.

So, ERC-20 is a token in the Ethereum system. Not just a token, but a smart contract used by famous projects of the crypto world. Our smart contract was created based on the Binance platform BNB token code. Time-tested, reliable, secure, passed many audits and a very multi-functional token. “Why is it in our system?” You ask. There are tens of thousands of such tokens and it can be collected in one hour. Remember I told you about the first iPhone? So, let the token represent the battery of the phone, which has been used for many years. And this is not a novelty, not a technological breakthrough, but only what we need and now I will tell you why:

1.ERC-20 is reliability. There have never been cases of using holes in the Etherium system to steal funds.

2.Availability in many crypto wallets: mobile, desktop and web. As well as support for storage systems such as Ledger, Trezor and other hardware-wallets.

3.The ability to burn tokens intended for the development of the project, increasing their price and reducing the total issue.

4.The ability to use and create DEX exchangers in which we can provide liquidity to our token for exchange with other tokens, and you can make an exchange without using the services of crypto exchanges.

On the other hand, in the modern world, people should have the right to anonymity and use of coins with hidden transactions and addresses. Then the idea came to us that we will use the ERC-20 token as the basis for our system. This token is easy to store, buy, change through exchange systems built on the Ethereum smart contract, which makes it possible to use a multi-signature for a wallet with a development fund. Thus, anyone can check how the project funds are spent.

We decided to make an unlimited exchange in two directions: a token - an anonymous coin and vice versa. People with a transparent token can use our exchange form on the website or in the telegram bot at any time to receive an anonymous coin and become holders without a public address, the balance of which is visible to everyone.

An anonymous coin will not be traded on exchanges, so no one can ever track or block it. It will be used only for mutual settlement between people, who, in turn, will be able to receive a simple token in the process of swap, open for trade and exchange.

Convenient, isn't it? Some projects spend millions of dollars creating privacy coins, and then go to exchanges with mandatory user verificat ion and reduce all their work to ensure anonymity to zero. What we came up with seemed very relevant in the modern world. That is why we decided to use the “token -anonymous coin” system.

Using a coin can be much wider than just settling between two people. For example, an anonymous coin can be integrated into systems where there is a need for private voting, or for the transfer and storage of secret information in an encrypted network, this may be due to personal or medical secrets.

It is also possible to use the coin in small and medium-sized businesses in order to solve certain problems: recording information in the blockchain registry, inaccessible to users without an encryption key. Since we can use our network not only for transferring coins in stealth mode, but also for sending any other textual information. This opens up huge spaces for its use.

The voucher (Our collectibles on the Enjin platform) standard ERC-1155 uses the blockchain developed by Enjin based on the ERC-20 token. The ERC-1155 standard is not just a data chain using a digital display format, like all other crypto systems, it is a graphic display using blockchain technologies.

So, you already know that tokens for coins can be exchanged an unlimited number of times in both directions, but we also still have vouchers that you can also exchange for tokens and vice versa.

What for? The voucher system is designed to reward holders who, having received a voucher for their wallet (using the token-voucher exchange method), will be able to receive 40% per annum of its face value. This approach will not only remove a certain number of tokens from the market turnover, but also use the Enjin trading platform for the purchase and sale of vouchers, which will positively affect the price of the token, as voucher holders will have the opportunity not only to receive 40% per year, but also buy / sell them by auction type on the Enjin marketplace, directly through a mobile wallet. Fast, easy, reliable!

Bidding on the Enjin trading platform takes place using the ENJ token, which forms an excellent pair of “voucher ERC-1155 - ENJ token”. This means that for a voucher you can always get a liquid ENJ token, which is traded on all known exchanges for a large number of coins and the dollar.

Thus, everyone who exchanged their tokens for a voucher with a face value of 1, 5, 10 or 50 million FNT will be able to guaranteedly receive 40% per year, or 10% per quarter. Since the ERC-1155 blockchain is transparent, our system will track all the vouchers stored at the addresses of the holders and make quarterly payments. To all this, we will use ERC-1155 cards to integrate into games and other holders reward systems. We believe that these cards will receive a very large development and application not only in cryptography and the world of games, but also in the everyday life of people. For example, Microsoft's Azure division recently began using ERC-1155 cards to reward their employees who receive them in the form of bonuses for performing certain tasks. The availability of these cards for employees provides various bonuses: cash bonuses, extra days of vacation or a more comfortable workplace.

At the moment, in addition to vouchers, we have ERC-1155 Stage 1, Stage 2 and Stage 3 cards with a secret meaning. At the same time, we plan to issue cards for the gaming industry and other areas, introducing ourselves into many areas of life.

If you are interested in our ideas and would like to discuss them, then welcome to our official chat!