Fasttoken (FTN) Launch Date and Background
Fasttoken (FTN) is the official cryptocurrency of the Fastex Web3 ecosystem, designed to provide multifaceted support for the decentralized digital realm. The token officially launched in January 2023, marking its debut in the cryptocurrency market.
Issuance History and Sales Phases
The issuance of FTN was not a one-time event but rather a phased process to ensure steady fundraising and community building:
- Presale and Private Rounds: Before its official launch, FTN conducted a presale round and a first private round in Q4 2022. Subsequently, a second private round was completed in Q1 2023.
- Public Sale: The public sale (ICO) of FTN took place on January 20, 2023, opening to a wider range of investors.
Through these sales rounds, the Fasttoken project raised approximately $23.2 million (other sources indicate a total funding of $53.5 million).
Technological Evolution and Ecosystem
FTN was initially issued as an ERC-20 token on Ethereum. To enhance transaction performance and scalability, the project team subsequently migrated it to the Bahamut blockchain. Within the Fastex ecosystem, FTN plays a core role, with its main uses including:
- Staking and Validation: Supports network staking, incentivizing validators to maintain network security and operation.
- Transaction Processing: Used to pay transaction fees on the Bahamut blockchain.
- DApp Participation: Facilitates user participation in decentralized applications (DApps).
- Ecosystem Integration: Widely used in gaming, payments, and DeFi services within the Fastex ecosystem.
The project is developed by SoftConstruct, dedicated to building a comprehensive Web3 ecosystem.
Tokenomics Overview
Fasttoken (FTN) has a maximum supply set at 1,000,000,000 tokens. As of August 29, 2026, its circulating supply is approximately 433,865,414 FTN, accounting for 43.39% of the total supply. Notably, Fasttoken's token unlock schedule concluded in 2025, and all tokens are now fully unlocked.
Historical Price Performance
According to historical data, Fasttoken (FTN) has experienced some volatility in the market:
- All-Time High: FTN's all-time high reached $4.61 on July 27, 2025.
- All-Time Low: Its all-time low reached $0.3178 on December 22, 2025.
As of September 27, 2025, the price of FTN was approximately $4.15. Please note that the above price data are historical records, and the cryptocurrency market is highly volatile, so current prices may have changed.
How to Acquire
Fasttoken (FTN) can be traded on exchanges that still support the coin. Given the rapid changes in the cryptocurrency market, readers are advised to verify the listing status and liquidity of relevant platforms before trading.
