FastX demonstrated physical-digital crypto at Harmony Meetup 7 in Yerevan, Armenia. The Fast Token ecosystem includes FTN Notes, physical banknotes you can hold, and a VIP metal card using Archilus tech for cold storage. Fireblocks handles custody.
What if your crypto could turn into real banknotes you can actually touch or be stored on a card so convenient you can pay with it, yet secure enough to function as a cold wallet. These are just some of the innovations Showcased at Harmony Meetup 7 in Yerevan, Armenia, where people worldwide came to see how FastX is bridging digital and real world finance. Hey guys. We just arrived to Yerevan, the capital of Armenia and we are about to enter the event organized by fastex. It's called Harmony. We're gonna out about all the different crypto products that they are going to show us, but one thing that I'm very interested in is this new idea that they have which is about converting their native token into physical cash. That sounds like a kind of controversial idea to me. So let's find out. FastX is a crypto ecosystem built on Bahamut, a new type of blockchain that uses a unique consensus mechanism called Proof of stake and activity. At its core is Fast Token, the cryptocurrency powering the entire network.
Fast Token is integrated with hundreds of payment solutions. This is where the consensus that we have developed the proof of staking activity comes into place. Which basically allows the creators of smart contracts to become a validator and extract more benefits from their own smart contracts.
But the fastex ecosystem isn't just about trading, payments and staking. It includes your health, an app where you can get rewarded for exercising and staying healthy.
We want people to have a better life, but also, let's be honest, people get rewarded. You got also inside your blog where you can engage with your community, with your friends, you can actually share your life and your business, your healthiness, all about it.
Security is paramount for the FastX exchange, which is why it's integrated with Fireblocks, a platform that provides secure wallet infrastructure, institutional grade asset custody and access to a global crypto network.
When FastX are utilizing firelights technology, that trust is extended to the users so the users can be secure knowing that any trades or interactions that they're doing with FastX, they have the very best in security and custody control in the backend.
To ensure transparency and protect user assets, FastX conducts regular audits and maintain strict security standards across its ecosystem. If you deposit X amount Money on.
The FastX, you can be sure that.
Next second you can withdraw it. And we are not going to use user money in any case. For VIP FastX users, a sleek new metal card was recently launched. It serves as both a payment method and a secure cryptocurrency called wallet.
Within the Same card and within the same chip, you have a new technology called Archilus that allow you to store all your crypto keys in your own card. So it's not just a payment card, it's also a cold storage wallet where you can keep all your crypto keys. In a totally digital world, having your assets in a physical card makes impossible to steal from you, your assets and your money.
And for crypto enthusiasts who like to hold something in their hands, YoCash offers FTN Notes, a limited collection of banknotes. Physical collectibles, each bagged one to one to the fastest.
You need to be a FastX KYC user on the platform to buy the fast tokens digitally first and then convert them into the physical ones. And once you want to redeem them in future, you send it back and you know the items are redeemed.
We've incorporated banknote grade security features for these crypto notes. So we have security foiling. We have a number of security inks, optical variable ink, if you feel along the top of the note there, it's ever so slightly raised, a sort of tactile kind of feature.
Only 10 million fast tokens equivalent is being printed under the notes out of 1 billion issuance. So it's quite rare already.
Towards the end of the Harmony event, Bitcoin was on the verge of smashing new all time highs. So we couldn't resist asking people any regrets about not buying way earlier. You remember when bitcoin was worth $300?
I remember that time it approximately 2014 maybe because my friends told me about it and I say come on, what is this?
Come on, you're joking. Just stop talking with me about this team. Do you have any regrets about not having bought back then?
Not really, man. I mean life's okay.
I can handle the fact that I.
Missed a big investment. I miss a big investment every day.
I have lots of regrets about not buying bitcoin but I'm trying to catch up on that. So I'm trying to accumulate as much bitcoin as I can. I'm almost at one coin now and.
I regret about that that I didn't. I invested in Trufast token and it was a pre sale of about 0.35. It went up then, it's 4.43 right now. And I am so happy that I did it.
As it usually happens at Harmony events. We had a lot of fun but we also learned a lot about the products offered by fastex. So this ecosystem is expanding in different directions from payments to lending, to even physical collectibles and with very serious partnerships. So we'll definitely keep an eye on this ecosystem.
