RECAP 2022: FNT’S MAJOR MILESTONES

The concept of FNT was first conceived in 2021, and we spent the next year actively working to make it a reality. As 2022 comes to a close and we reflect on the past year, we are proud of our significant progress at FNT in developing our company.

Quarter 2–2022

Initiating the FNT Concept

Valentin Sokolnikov, CEO of FNT, is a highly experienced and skilled leader in the financial services industry with over 12 years of experience in finance. Under his vision and guidance, we began the process of defining and refining the FNT concept, which aims to build a bridge between everyone and the fintech world with easy access on a global scale. We defined the FNT ecosystem including features of a globalized and digitalized world.

Initiating the FNT Concept which was conceived in 2021

Setting Up the Company Structure

To bring our vision to life, we established the internal structure of our company. This included establishing the necessary legal and operational frameworks including application for the Fintech license, recruiting talented and professional people to our team, and aligning our internal processes with our mission.

Quarter 3–2022

Finalizing the Utility Concept

A major milestone for us was finalizing the utility concept for our financial services. This involved determining the value proposition for our customers and identifying the key features and benefits of our services that will make the FNT ecosystem sustainable in the long run. We designed every utilization of FNT to deliberately boost its value and function to benefit the community. The ecosystem will keep the value on the rise and rewards the community with its core features such as the Burning Mechanism, Loan-to-Value system, and more.

Building a Go-To-Market Plan

With our utility concept in place, we developed our roadmap to ensure that we could effectively launch and place our services. This included setting clear goals and milestones for success. By following a structured and well-designed plan, we were able to effectively place our services in the market and drive success for our business.

We developed our roadmap to ensure that we could effectively launch and place our services.

Releasing the Tokenomics

In Q3, Tokenomics for our financial services which outlines the economic principles of FNT Token transparently was released. This was a crucial step in establishing a strong foundation for FNT to ensure long-term sustainability and success. We shared the operation plan precisely to enable our customers to understand the value proposition and benefits of FNT Token. FNT is designed to allow everyone to make the most out of their financial resources. We encourage you to read our Whitepaper v1.0 for a deeper understanding of the details.

Kicking Off the Internal Presale

In addition, we launched the internal presale. This allowed us to see and test the demand for our services and gather valuable feedback from our customers who believed and trusted the FNT project. Their attendance and opinions help us to refine and improve our solutions. This allowed us to secure the necessary funding to bring our vision to fruition.

Publishing Our Whitepaper

In order to provide a detailed and transparent overview of our services and how they work, we also published our Whitepaper V0.9 for our growing community. Soon after, we published the Whitepaper V1.0 with the additional roadmap and vesting periods in the tokenomics section. It provided a deep dive into the technical and economic aspects of our platform, as well as our vision featuring the future of financial services.

Our Whitepaper release

Initiating Technical Development

Another significant progress we made was initiating the technical development of our platform. This included building the necessary infrastructure, integrating with important partners, and testing and refining our services to ensure that our services are ready for launch.

Quarter 4–2022

Kicking Off the Private Sales Round

With the technical development of our platform well underway, we also kicked off the private sales round in 2022, which gave us the opportunity to reach more people all over the world including investors and key figures in the market.

Starting the Marketing Campaign

As we moved closer to the public sale of FNT, we started to implement our marketing campaign in 2022. We emphasized the importance of resonating with our audience, as well as identifying the key factors we would use to reach potential users that can benefit from the features of FNT. By effectively communicating the value and benefits of FNT, we reached more and more people every day to make a difference in their lives around the world.

Launching the Partnership Network

In order to bring our financial services to a wider range of customers and build a strong ecosystem around FNT, we also worked on expanding our partnership network. This included building relationships with remarkable figures in the market and establishing strategic alliances that would help us to grow and succeed in the long term.

Attending Prestigious Events

Finally, in 2022, we had the opportunity to attend major events in the fintech and cryptocurrency space including “Crypto Expo” in Dubai, followed by the charity event “Legends4Legends” in Amsterdam, and one of the leading events “AIBC and SiGMa” for 4 inspiring days at the Malta Week. These events gave us the chance to network with industry peers, showcase our services, learn about the latest trends and developments in the sector, and, most importantly, engage with our audience.

We had the opportunity to attend major events in the fintech and cryptocurrency space

Our Next Update: Plans for the Coming Year

Get ready for an exciting year ahead as we unveil our plans for the coming months. Our next update will cover the details of our plans for the coming year, including the token generation event (TGE) for the FNT Token including an audit to ensure the integrity and security of the process, initiating the public sale, exchange listing, beta launch, acquiring a fintech license in Switzerland, and launching the FNT ecosystem. Don’t miss out on the exciting updates and make sure to stay tuned for our next article to get all the details!

Our next update will cover the details of our plans for the coming year!

The key takeaways from the article:

• As we look back on 2022, we are proud of the many milestones and accomplishments we have achieved in building our company.
• In the first half of the year, we initiated the FNT concept, established the necessary legal and operational frameworks, and designed a sustainable ecosystem that will benefit the community and boost the value of FNT.
• In the second half, we launched our internal presale and private sales round to secure funding and gather feedback.
• We also published our Whitepaper V1.0 to inform our audience about FNT transparently including tokenomics and key features of the ecosystem.
• We started to implement a comprehensive marketing campaign to effectively communicate the benefits of our services to a wide audience.
• We attended major events including “Crypto Expo” in Dubai, “Legends4Legends” in Amsterdam, and “AIBC and SiGMa” in Malta, to showcase our services and engage with our audience.
• Overall, 2022 was a highly productive and successful year for FNT. We are excited to continue building on these achievements and bring the solutions of the future to people around the world with FNT.

Best,

FNT Team

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