Token Supply - Futira Coin

 

Futira Coin is unique as it’s one of the few cryptocurrencies backed by a real-world commercial business, meaning that as long as the network exists the Coin should not lose its value. To the contrary, the Coin should increase in price because of demand and fiat currency inflation. Also, Futira is backed by known businessmen: Dr. Hatem Zaghloul who is credited as the co-inventor of the technologies that led to the introduction of the high-speed WiFi, 3G, WiMAX, LTE, and 5G, and Dr. Hani Hebaishi, the man who single-handedly brought over $400M of investment into Georgia

Token/Coin Supply

The total supply of Futira tokens and coins is 20,000,000,000 (twenty billion). The token contract had ten billion out of these 20 billion. The amount given to the founders will not increase over the two billion given to them from the token supply.

Initial Coin Launch

Our goal is to reach our hard cap of US $2,000,000,000.

An initial Coin offering will be available to a whitelisted subset of investors.

We plan to publish a Coin contract address (TBD) through various channels 48hrs before the crowd-sale launch date.

Launch Date and Time: 8 AM CET 25th February 2022

BLOCKCHAIN HISTORY

Contrary to common belief, the blockchain technology was invented in 1974 to solve the problem of moving data over a public network and ensuring its confidentiality and authenticity. To do this, files were encrypted, time-stemped and hash tagged. Hash tags are like fingerprints of files. A hash is a function where a file, however large, is mapped into a smaller set of data, for example, 256 bytes. Of course, many files can have the same hash-tag. Given the time-stamp, the final receiver of the file will have a good idea of how long the intermediate servers kept the file and if they had a chance to manipulate it. With normal servers, it would take a very long time to find a single file that has the same hash-tag. To find another file that has the same hash-tag that is useful to the intermediate server (like makes the new data beneficial to the intermediate server) is practically impossible. A block is then made of the first file to be hash-tagged. The block contains the file and the hash-tag. This is the genesis block of the chain. The next block formed will have a reference to the genesis block with the genesis block’s hash-tag and the new block’s own hash-tag. This makes a chain of blocks that cannot be altered. The blocks are then saved on the net in a manner that ensures that multiple copies are stored. Blockchains evolved so that they check the blocks saved against each other and in the case of a discrepancy, they go to a vote whereby the block getting the majority of the votes is declared to be the authentic one.

 

Blocks cannot be modified or deleted. Also, users have their unique encryption keys. A user cannot deny their contribution to a block or a transaction since it will be signed with their key. Block data is backed up many times. All these are great features lead to the statement: BLOCKCHAIN IS THE FOURTH WAVE OF COMPUTING (after servers – desktops – the internet).

 

Blockchain gained publicity with the introduction of the Bitcoin cryptocurrency in 2009. Again, contrary to common thinking Bitcoin was not the first cryptocurrency. It was preceded with a few unsuccessful cryptocurrencies such as BitGold.

 

Bitcoin has a number of features: it is anonymous. Anyone can open an account if they have access to the internet. There are no lengthy know your client procedures like banks. This made it popular for illegal activities such as terrorism financing, money laundering, tax evasion and ransom collection. Bitcoin has received a lot of attention recently because of its wasteful mining strategy known as proof of work.

 

Proof of work is the concept where miners (miners mine for data within the blocks to verify a proposed transaction) compete to verify the transactions within a proposed block. They do this because the first transaction in the block is a reward to themselves (changes over time). This means that possibly tens of millions of computers consume electric energy and only a few in a pool of miners win the award. It is said that the Bitcoin network of miners consumes more electricity than Switzerland.

 

This criticism of inefficient electric power usage was solved through the introduction of proof of stake blockchains like Ethereum and Tron. Proof of stake gives miners with more stake in the network a higher chance at verifying the data whilst maintaining that any miner gets a chance at rewards.

Our Team The Founders

There are many people that helped with the initial establishment of Futira. They contributed cash and efforts. They are rewarded with early founders’ shares and a share in the profits of the company.

The Directors

Dr. Hatem Zaghloul, PhD. – Owner of Futira s.r.o. – CEO and Founder of Futira Ltd LLC

Dr. Zaghloul is recognized as a visionary leader in the hi-tech community. In 1992, Dr. Zaghloul co- founded Wi-LAN Inc., and under his direction, the technology he co-invented with Dr. Michel Fattouche became the heart of many wireless communications standards: WiFi, 3G, WiMAX, LTE, and 5G.

His two companies, Wi-LAN Inc. and Cell-Loc Inc. were the top two performers on the TSX in

Canada in 2000.

The only inductee to the Wireless Broadband Hall of Fame.

Dr. Zaghloul holds a B.Sc. in Electrical Engineering from Cairo University as well as a M.Sc. and a Ph.D. in Physics from the University of Calgary, Alberta, Canada.

 

Mr. Hani Hebashi – Founder and Director of Futira Ltd LLC

 

With more than 12 years of international experience in real estate, property and equity management. Mr. Hebashi started business in Egypt in 2008 in the field of airport supply. In 2011 he launched business in the area of social responsibility in Saudi Arabia. From 2013, he started a new business called Social Entrepreneur, a consultancy that promoted the idea of benefitting society when you do business.

Mr. Hebashi developed a business in consulting and investment in Malaysia with a focus on real estate. Apart from real estate business, Mr. Hebashi is the Board President of Egyptian Chamber of Commerce in Georgia, Founder and CEO of Tiflis Arabic Media TV and founder of the Georgia Arab African Business Union (GAABU).

Hani has an MBA from Ain Shams University, Cairo, Egypt and a Bachelor degree from Alazhar University, Cairo, Egypt.

 

Mr. Johan Franck – Director of Futira s.r.o.

Entrepreneur within the area of software and media.

Have studied marketing and economics in US and Sweden

Have been working with big corporations like NBC, CBS, NCR and banks like SEB and Nordea.

Have a broad international experience and have hold several marketing postions for the last 30 years in Europe, US and East Europe.

Have had central positions in several VC financed companies with success-full exits.

The last 5 years - worked and invested in a telecom infrastructure company with a planned IPO 2022.

Spend my free time sailing and skiing.

Finance and Accounting:

Alnamaa Accounting and Bookkeeping LLC, Dubai

Incorporated in Dubai since 2011. ALnamaa has excelled in all financial auditing, review, and consulting.  

+971 4 259 5670

 

Legal:

Heba Ahli Advocates and Legal Consultancy,  

+97143358885

 

Cybersecurity:

Wedge Networks is a cyber security software vendor specializing in Real-time Threat Prevention.

+1-888-276-5356

 

 further information

WEB : https://futiracoin.com/

TELEGRAM : https://t.me/futiracoin

TWITTER : https://twitter.com/FutiraCoin/

FACEBOOK : https://www.facebook.com/FutiraCoin/

INSTAGRAM : https://www.instagram.com/FutiraCoin/

YOUTUBE : https://www.youtube.com/channel/UCRvrRaAc2GaVtRX0CKaEDoA

#Proof of Authentication

BTT Username: Suthisna

BTT Profile : https://bitcointalk.org/index.php?action=profile;u=3394042;

Wallet: 0x1EFA9C436C4FEDA0537cDb6d99F7EcBbe93E1f00