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Crypto Breakdown

Crypto Breakdown

Written by: Benzinga
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Crypto News, NFT reviews and coin updates. Tune in to learn about to latest developments in Crypto World before you start your trading day.

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  • Talking DeFi with COO of FCF Pay Joe Parkin

    Talking DeFi with COO of FCF Pay Joe Parkin
    May 25 2022
    Episode Summary:In this episode of the Crypto Breakdown, I talk to COO of FCF Pay Joe Parkin about:Revenue Sharing TokensCrypto Poker How to do your own due diligenceGuest:Joe Parkin COO of FCF PayTelegram: @joeeojhttps://linktr.ee/fcf_bscHost:Joe Dewitt Follow at: https://twitter.com/metabitzCrypto Heat MapSubscribe to our Benzinga Crypto Youtube ChannelDisclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.Questions? Ask at joedewitt@benzinga.com and we will answer!Hey there everybody happy Wednesday. And welcome back to another episode of the crypto breakdown. My name is Joe Dewitt, and today with me, I have a COO over at FCF pay, Joe Parkin, Joe, how are we doing to start things off? For some listeners out there who may not be familiar with the platform, if you want to just go ahead and talk about what FCF pay actually is.So fcf pay is a crypto payment gateway. In the case of e-commerce we take the. We work in a similar kind of way to pay panel Stripe. However, we're slightly different in that we can be integrated with point of sale terminals in brick and mortar stores, or also, and do you do crypto payments and Fiat payments, or are you sticking with crypto payments at the moment?Or how does that work? The core products CFP is crypto. However as FCFA is built with an API that can connect to anything We have a crypto on-ramp at the beginning and off-ramp at the other end. So although we are processing crypto, we do offer integrated systems for people to be able to use their credit cards, to buy crypto and send it directly to the merchant.Okay, cool. And for the merchant to off-ramp directly to their. Bank account. We're currently doing this with . We have a partnership with them. They're one of the biggest players in the feared cryptocurrency space, working this with the larger exchanges. And I'm not too familiar with the FCF token. So how does that work?Is there any like unique utility with it, or if you wanna talk about the dividends or how those come into play? So the unique thing about our token is that it's a revenue sharing. It's not a utility token as such, because it doesn't actually do anything within the system. Its sole function is to distribute dividends to its holders.So we have 10% to economics on buys and sells. Half of that is distributed as BNB dividends amongst holders. And then also two thirds of every transaction fee through. MTFP also goes back to the community to hold it. FCF token in the form of one third, directly as evidence and one third as a, an automated buy back in burn.Cool. Is it available on other trading platforms or is it strictly through MTFA? They're actually. It's on pancake swap so you can buy it by its own pancreas. Awesome. Exactly. But also on L bang can hot bits as well. We're our roadmap includes larger exchanges further down the line.However, not very much further down the line. However, to be perfectly honest, the sensible thing to do is to hold a in, in a wallet, in a defy wallet, because that way you get your. Exactly. It would be a shame to probably on a, an exchange. Yeah, exactly. And then you're not receiving that that, that dividend payment.Exactly. Moving down the road, does FCF have any sort of plans to pivot or move into a sort of an NFT project or any sort of NFT utility down the road? Are you just sticking with the way things are now? Or has that been in the talks a little bit? We actually don't really have.Really? Yes. We have a project called French fellas. They are 2000 hand drawn French bulldogs and they. They actually have a utility, which is coming in into play within a few weeks at most, which is, which ties into another project that we have, which is FCF poker soon to become FCF casino.So a full web three poker room, which is life. You can go to FCF, polka.com right now and play we process the payments through FEFP in order to buy you. To buy your poker chips which by the way, I didn't mention the fact that FCF pay is multi chain where we can process payments from just about every 10 you can imagine and tokens they're off.So yeah part of the rake from FCF poker goes to French filler, French fillers. Awesome. And the French fellows. Are they on the Ethereum network or Selana or which networks? Yeah, the tokens on BSC. Okay. However we opted to we opted to launch the because that's where the majority of exactly.Yeah. Yeah. I see the investors and the good projects over on the Ethereum. No. For now, at least for the time being yeah. Moving forward to onboarding kind of new investors into crypto and getting away from traditional finance into defy. Is there anything that comes to your head when thinking about how maybe some best ways for people like us to onboard new people into crypto or...
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    33 mins
  • Analysis of The Crypto Winter- What Is Happening?

    Analysis of The Crypto Winter- What Is Happening?
    May 12 2022

    Episode Summary:

    In this episode of the Crypto Breakdown, I explain what is happening with Luna and do a Technical Analysis of Bitcoin, Ethereum, and Dogecoin for possible price scenarios.

    Hosts:

    Joe Dewitt Follow at: https://twitter.com/metabitz

    Crypto Heat Map

    Subscribe to our Benzinga Crypto Youtube Channel

    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

    Questions? Ask at joedewitt@benzinga.com and we will answer!



    Support this podcast at — https://redcircle.com/crypto-daily/donations

    Advertising Inquiries: https://redcircle.com/brands

    Privacy & Opt-Out: https://redcircle.com/privacy
    Show More Show Less
    6 mins
  • Coin Wars: Ethereum Vs Solana - Which is A Better Investment?

    Coin Wars: Ethereum Vs Solana - Which is A Better Investment?
    May 4 2022

    Episode Summary:

    In this episode of the Crypto Breakdown, I compare Solana to Ethereum, talk about their NFT projects as well as their future plans.

    Hosts:

    Joe Dewitt Follow at: https://twitter.com/metabitz

    Crypto Heat Map

    Subscribe to our Benzinga Crypto Youtube Channel

    Disclaimer: All of the information, material, and/or content contained in this program is for informational purposes only. Investing in stocks, options, and futures is risky and not suitable for all investors. Please consult your own independent financial adviser before making any investment decisions.

    Questions? Ask at joedewitt@benzinga.com and we will answer!



    Support this podcast at — https://redcircle.com/crypto-daily/donations

    Advertising Inquiries: https://redcircle.com/brands

    Privacy & Opt-Out: https://redcircle.com/privacy
    Show More Show Less
    6 mins
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