Ask Me Anything with Fusang at ICOSpeaks: AMA Summary
March 11-th held an Ask Me Anything session at ICOSpeaks telegram chat. From the Fusang side there was:
Before we go to the first set of questions, could you please do a short self-intro?
👨💻- Arthur Lee | CMO of Fusang | @artglee
Sure thing!, I’m Arthur the CMO of Fusang for almost 3 years. Previously I was with OSL and was ICO advisory/marketing.
Been in crypto blockchain for 6 years and it’s been fun.
Fusang is Asia’s first fully licensed and regulated digital financial ecosystem for security tokens
and digital assets. Our unique combination of regulatory licences, technology, and services allows
us to provide an end-to-end platform to issue, tokenise, list, and trade all forms of securities,
assets and cryptocurrencies.
Institutional and retail investors can directly invest in products on the Exchange without brokers or other intermediary firms.
And with Current IPO, for our equity token FSC, we think we’ve been able to show the world that we can now do all of this for real.
👨💻 Juliette | Digital marketing manager of Fusang | @Ju_Fusang
Let’s get started!
Q: What is FSC ?
A: Fusang Corp (FSC) will be the world’s 1st IPO for equity tokens, that are directly recorded on the blockchain.
There are all kinds of crypto tokens, this will be the 1st time that we have directly recorded shares in tokenised form. If you hold FSC, you will directly become a shareholder in Fusang, owning everything that we do.
In addition to representing Equity in Fusang, FSC will also have utility value in helping to power our Exchange, and the ecosystem around us.
As a quick summary of our Tokenomics, in addition of course to the Equity Value you get as Shareholders:
CENTRALISED CURRENCY – With trading incentives for investors (spending power).
HIGHER PROFIT POTENTIAL- With a 10% rebate for paired listings.
LOWER FEES – With rebates based on FSC trading volume.
STABILISED TOKEN VALUE – Thanks to Fusang’s monthly buyback pledge.
Unlike pure utility tokens, FSC is a SUPERTOKEN! Having both Equity & Utility value. ALL profits, dividends, etc. from the company are owned by shareholders – the FSC owners!
Q: What’s the use case of FSC token?
A: As mentioned above the FSC token represents both equity into our company as well as utility. So it will be like a super token.
ALL profits, dividends, etc. from the company are owned by shareholders – the FSC owners!
This is the unique position for our regulated token over most tokens out there that are tied to just a concept or idea or future perceived value.
Q: What are the advantages of Fusang and how is it different from other exchanges?
A: The most notable feature of Fusang is the groundbreaking products we can make available to the public. Most all exchanges can’t sell traditional securities like stocks, funds, bonds, whereas our securities exchange license allows us to do so, including cryptos and NFTs.
For example, our FSC token represents direct ownership to a share in the company Fusang Corp.
We believe purpose-driven investors deserve a menu of options to suit their changing needs. On Fusang, you’ll be able to hand-pick from new product offerings at the cutting edge of blockchain technology – from stable coins and central bank digital currencies (CBDCs) to commodities and funds.
Most importantly, Fusang is the only digital asset exchange where you can trade seamlessly across Fiat, Crypto & Securities!
By being able to make securities as easy to invest into and trade as crypto, we’ll be able to bring a whole world of traditional assets onto the blockchain.
For example, you can go to www.fusang.co/subscribe/fsc to view information about our IPO right now – the same way you would view a product page on Amazon.
Q: Where and how can we subscribe to FSC?
A: For example, you can go to www.fusang.co/subscribe/fsc to view information about our IPO right now – the same way you would view a product page on Amazon.
1. Open an account on Fusang>
2. Deposit Fiat or Crypto
3. Convert your investment amount to USD, the only pair we have for now
4. Buy FSC via our platform
5. 1st day of trading is 31 March 2022
Refer 5 other investors and earn up to USD 1000 in FSC tokens.
https://www.fusang.co/referral
Q: How does Fusang help businesses to raise capital and why tokenize with Fusang?
A: Us doing our IPO now we can share what we have been up to, publicly with the whole world!
Grateful that so many people have recognized the unique potential of the platform that Fusang has built – including a lot of mainstream press outlets.
SCMP Media coverage here:
One reason why Security Tokens in general, and the Fusang platform in particular, have so much potential, is that for the 1st time we have been able to put together an end-to-end platform, where we can help companies go from initial incorporation & setup to the issuance of Security Tokens, to investor onboarding, fund collection, and of course issuance of securities!
We’ve already raised 7 of our 10million target!
So yes – we definitely help companies through the whole process – including eventually getting listed on the Fusang Exchange, whether publicly or privately!z
You can view more info about the listing process and Fusang’s services for companies here:
www.fusang.co/list
Q: How secure is your platform? How do you ensure the safety of investors’ funds?
A: It’s important to understand the difference between crypto tokens like bitcoin or other ICOs, where they live only on the blockchain. With Security Tokens that represent real-world ownership, with legal rights and full compliance, you don’t need to worry about them being stolen like cryptos.
When you own an FSC equity token, you become a registered shareholder of our company. Even if someone manages to “steal” it from you, we can make sure that it gets returned to you.
As a regulated and licensed stock exchange, cybersecurity is paramount and we undergo regular security audits.
Just as important, is making sure that we as a platform are regulated so that we can’t run off with your money! I think that’s something that a lot of people don’t look at when they deal with unregulated platforms.
We have an entire technology platform, which we call the Fusang Vault, that is designed to ensure that investor funds, both Fiat, Crypto & Securities, are safe.
It’s also important to understand, that SECURITIES can’t be stolen in the same way as pure crypto. Because each share is registered in your name, in the unfortunate event that someone steals it, we can make sure that it gets returned to you as the rightful owner. That is the true power of blockchain technology!
Q: What are your plans for the near future?
A: IPO is obviously the first and most exciting thing that we’re doing right now! As mentioned, all information can be found here:
www.fusang.co/subscribe/fsc
Beyond that, our focus will be on getting more and more companies listed, so that they can go through the same IPO process that Fusang has gone through, and of course, helping match them with investors from all over the world.
t’s important to highlight that Fusang is fully operational – we’ve already gotten all the licenses we need, built all of our technology platforms, and with our IPO, demonstrated that for the 1st time we can do a real equity token IPO. We’re not just a token project with a whitepaper 😝
We’re grateful that regulators in multiple jurisdictions have already recognised Fusang and what we’re doing.
We of course hold our Stock Exchange licence in Labuan, Malaysia, but we also hold Custody licenses in Hong Kong, fund management licences, etc.
We’ve also recently been put on the Recognised Stock Exchange list in the BVI!
Q: How do you make investments inclusive for retail investors?
A: Great question! The answer lies in using our tokenomics to empower users and the ecosystem around us.
We have an exciting platform, but we need to show the world that crypto companies can and do want to list REAL shares, instead of just shilling their tokens to people. And that investors are WISE enough to want to invest in something real 🙂
And that means rewarding investors who come in early and adopt this brave new world of STOs! So that we can all SHARE IN SUCCESS!💥
For our retail customers, we are providing access to opportunities that were only available to rich,
fractionalised assets, of buildings, bonds, funds.
For example, you can take a 1 billion bond investment, typically an investor needs USD 100K+ to even take part in such an investment. We could tokenise it / fractionalise it and offer it to smaller investment sizes for USD 100.
This is the same concept as NFT, where a community , a group of people are owning 1 NFT, digital piece.
Also, our exchange is a direct buying experience, you don’t have to go through a Robinhood or eToro and pay fees. So we are really creating a new playing field for investors worldwide.
Q: Why should we invest in Fusang?
A: One reason you should invest in Fusang is that the Security Token market growth potential is tremendous in the next 10 years. By 2030, studies show that over 25% of ALL listed securities will be Tokenised – that’s over USD 4 TRILLION!
The NEXT BIG WAVE in crypto will be tokenising REAL WORLD assets – all the shares, bonds, funds, real estate – everything in our world can and will be tokenised – and FSC is just the start!
Regulation is coming hard and fast, whether the crypto industries is ready or not – and we all need to get prepared with fully-regulated token.
Second reason you should consider investing in Fusang at an early stage is that we are positioned to be unmatched in the market. By combining the opportunity of a crypto exchange with the functionality of a stock exchange, we’re revolutionising the investment markets.
We have the capacity to offer more comprehensive market access than any other exchange. Our accredited investors can trade in the public and private market, across traditional and alternative assets.
Here is a comparison chart with Fusang and other traditional and crypto exchanges and how we are well-positioned to serve securities, STOs and cryptos, NFTs and more.
You can see the full report here: https://www.fusang.co/news/quinlan-associates-cracking-the-code
Q: Can you give us a sneak peek of upcoming new development, products or offer?
A: There are a lot of things I would love to share if not under NDA, lol
First, i do want to mention our first referral program.
investors can bring in 5 other friends to invest and earn up to USD 1000 in FSC tokens,
We will be launching some exciting new projects, like our upcoming Crypto ETF, allowing mainstream investors and institutions to access crypto: https://www.fusang.co/invest/crypto-10-fund
And towards the end of the year, we’ll be launching v1.0 of our own blockchain, customised for Security Tokens!
Also our own Mobile app, which is currently under development we will all be doing a lot of partnerships to build stronger ties to to the community.
Q:Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?
A: We are a global project and building our investor base in Asia. European and US projects are looking to list on our exchange to get exposure to investors in Asia.
For us we are creating an exchange without borders.
Q: Almost 80% investors have just focused on price of token in short term instead of understanding the real value of the project. Can you tell us on motivations and benefits for investors to hold your token in long term?
A: If you look at our project, we are one of a few that can sell securities to the public, which means tokens that are regulated.
Most other exchanges will not get licensed and more and more are getting shut down. Hence you see Binance buying up companies with licenses.
You will be able to own part of a new marketplace with few competitors
Q: Do you have a whitepaper? If yes, please share it with us.
A: Please view our prospectus here:
Q: Currently from where I can buy it?
A: https://www.fusang.co/subscribe/fsc Go here to learn all about FSC, then open a trading account, fund it with FIAT or Crypto and then convert to USD and buy on our exchange.
Q: How can users stay updated with this project? Are there channels, including local communities where users can get the latest updates?
A: Please join our Telegram channel to stay ahead of all of our company updates & promotions:
Q: Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?
A: WE continue to improve experience for users everyday. What we learned is that if a users finds something they want to buy/trade, they will find out how to do it , no matter how the UI is.
Q: Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model? @artglee
A: We’ve been able to secure private funding from investors who believe in our project, that’s how it’s been and continues to do so.
our income model is listing/issuance/ trade fees. we can bring other income streams in the future.
ICOSpeaks hosted an AMA Session with the Fusang Team. That’s all for today.
Thanks to all users who participated.
Thanks, Fusang for being with us
Thanks, all and see you soon😉
Cheers 🥂
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