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Crypto You Can Touch?! Inside Fastex’s Harmony Meetup
Cointelegraph· 2025-07-21 18:34
Fastex Ecosystem Overview - Fastex is building a crypto ecosystem on Bahamut blockchain, utilizing a proof-of-stake connectivity consensus mechanism [2] - The ecosystem includes trading, payments, staking, health-related apps, and community engagement platforms [4][5] - Fastex emphasizes security through integration with Fireblocks for secure wallet infrastructure and asset custody [5][6] Fast Token (FTN) - Fast token (FTN) powers the Fastex network and is integrated with various payment solutions [3] - Fastex is exploring converting FTN into physical cash, including banknotes and metal cards [2][7] - Only 10 million FTN equivalent is being printed as physical notes out of a total issuance of 1 billion FTN, making them relatively rare [11] Physical Crypto Products - Fastex launched a metal card for VIP users that functions as both a payment method and a cold wallet for cryptocurrency storage [7] - The metal card uses Arculus technology to store crypto keys securely [8] - Fastex offers FTN notes, physical collectibles backed one-to-one by fast tokens, with banknote-grade security features [9][10] Security and Trust - Fastex utilizes Fireblocks technology to ensure user security and custody control [6] - The company conducts regular audits and maintains strict security standards [6] - Fastex claims user deposits are readily withdrawable and not used for other purposes [7]