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Fomoeth Ico Review: It Is Legit Or Scam? Read Our Full Review

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About Fomoeth Ico

Fomoeth Ico is a revolutionary and community-driven blockchain ecosystem focused on Reward Distribution and NFT Technology. It was born from a re distributive philosophy that aimed to reward holders for their loyalty to a token and projects. It is primarily configured to redistribute wealth and ownership to the FomoETH community through the FomoETH token and their flagship project, NFTagram.

The FomoETH network was forked from the Ethereum and Binance Smart Chain in order to build an intertwined digital economy that is owned and governed by its participants while providing guaranteed dividends to token holders. The token is the core of the ecosystem and supports all the projects inside the ecosystem, functioning as a payment method as well as a long-term reserve asset.

Formulated around a unique structure exclusive to the Fomoeth Ico ecosystem, the blockchain technology accrues transactional fees, calculates the reward percentages, before automatically dispersing the ETH directly to the FomoETH holding Wallets. Assuming the FomoETH transaction volume is continuous, holders should benefit from the incremental ETH payments up until they decide to liquidate the token.

ICODETAILS
Company NameFomoeth Ico
Token SymbolFomoETH
Pre Sale Purchase fee0%
Pre Sale StartDec 23, 2021 (2:00PM UTC)
Pre End Dec 23, 2021 (5:00PM UTC)
Token Exchange Rate1BNB = 431,872,120 FomoETH
Token For Sale431,872,120,000 FomoETH ( 43.18% )
AccessPublic
Social SupportYes
WebsiteHomepage

How does FomoETH work?

The FomoETH token dynamics propagate on-chain transnational fees by assigning the accumulated funds to token holders based on their current wallet holdings. Formulated around a unique structure exclusive to the FomoETH ecosystem, the blockchain technology accrues transnational fees, calculates the reward percentages, before automatically dispersing the ETH directly to the FomoETH holding Wallets. Assuming the FomoETH transaction volume is continuous, holders should benefit from the incremental ETH payments up until they decide to liquidate the token.

Token Governance

We’ve made it clear that FomoETH is a community-based ecosystem, one that facilitates redistribution and ownership for dedicated holders and supporters of the platform.

This system promotes a democratic governance system through the issuance of native token.

FomoETH holders can opt to nominate and vote for proposals as well as participate in on-chain elections dedicated to developing and improving FomoETH functions and mechanics.

Become an NFT celebrity with our NFTagram!

NFTagram is the flagship project of the FomoETH ecosystem. You can enjoy minting NFTs of your own and sharing it with the world. Every moment of your daily life can be stored as a Non-Fungible Token and NFTagram will make sure you are the real owner of your life moments. It will remain forever on the blockchain. Some of them can even be sold if you’d like to. Isn’t it great owning your precious moments, sharing with friends, and making money out of them?

Tokenomics

While the FomoETH ecosystem is fully functional and the tokens have immediate utility, all tokens distributed during this period will be concretely distributed at the moment of token generation, ensuring pre-launch backers, team members, and the early community members are on equal footing.

What is NFTagram?

NFTagram seeks to consolidate the social dynamics of Instagram with the current wave of NFT projects that are forced to debut on non-interactive platforms like OpenSea. Understanding the correlation between personalisation and popularity amongst digital platforms was one of the key philosophies behind NFTagram, and how it can be used to promote organic growth. Blending this with a burgeoning market based on revolutionary NFT technology, and the project becomes a guaranteed home run.

How FomoSwap Works

The vast majority of traders and crypto enthusiasts are familiar with and frequently use Ethereum and Binance, making them both the optimal tokens to fork for FomoETH token. This means that FomoETH holders will have the ability to swap their tokens on popular exchanges, such as, AnySwap and PancakeSwap, with the ERC20 and BEP20 standard. Crypto enthusiasts continue to swap tokens to take advantage of different chains and shifting prices. BSC offers a range of projects and technology not available on the Ethereum network, and vice versa.

What is the FomoWallet?

Wallet encryption allows users to secure their assets, as well as view transactions and account balance. The FomoETH mechanisms protect funds from viruses and malware threats. The FomoWallet is also where holders can securely store their NFT assets and FomoETH tokens. This wallet will be the deposit address for all dividends provided by the FomoETH rewards initiative, ensuring holders are paid securely and regularly based on the quantity of tokens they possess.

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Team

FomoETH is collectively powered by a devoted roster of industry experts with a burning passion for the decentralized philosophy.

Fomoeth Ico Review: It Is Legit Or Scam? Read Our Full Review
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