Futugo
  • Welcome to Futugo App
  • ๐Ÿ“ŠMarket overview
    • ๐Ÿ‡จ๐Ÿ‡ณChina market
      • E-commerce in China
      • Chinese consumers
    • ๐Ÿ’นMarket opportunities
      • Personal shopping service opportunity
      • Second-hand opportunity
  • ๐ŸŒVision
  • ๐Ÿค Competitors
  • ๐Ÿ•ด๏ธBusiness model
  • ๐Ÿ‘จโ€๐Ÿ”งTechnical solution
    • Blockchain architecture
  • ๐Ÿช™Futugo token economy model
    • Token
    • Token allocation
    • Futugo token distribution
    • Token economy model
    • Token use cases
  • ๐Ÿ–ผ๏ธFutugo NFT platform
    • Futugo NFT platform architecture
    • Futugo NFT Life cycle
    • Associating item with Futugo NFT token
    • Fashion Item selling process
    • Futugo NFTs functions
    • Secondary market model
  • ๐Ÿ›ฃ๏ธRoadmap
  • โš ๏ธDisclaimer
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  1. Technical solution

Blockchain architecture

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Last updated 3 years ago

Blockchain platform

Futugo platform will be based on Binance / Polygon chain.

Polygon chain is a second layer chain of the Ethereum network. This chain has very low gas fees, NFTs on Polygon is already integrated into OpenSea โ€“ the largest NFT market platform, it has a standard bridge between Ethereum and Polygon networks, allowing to transfer of any whitelisted ERC-20 token.

Smart Contracts

FUTUGO platformโ€™s main functionality will be based on the collection of smart contracts (FUTUGO native tokens, vesting, FUTUGO NFT minting, etc.). Firstly, FUTUGO tokens with fixed supply are minted on the Ethereum platform. Additional contracts will be used for different tokenomics processes implementing token distribution and vesting logic, to ensure process sustainability and support community growth some amount of tokens will be made available on Uniswap and similar DEX platforms as well. All the contracts can be accessed and explored via etherscan or webpage which uses the web3.js library to interface with the deployed code.

High-level smart contract logic is depicted below:

๐Ÿ‘จโ€๐Ÿ”ง
Futugo token information
High-level smart contract