FISCO CoinPrice

(FSCC)

FISCO Coin (FSCC) is an ERC-20 token issued by FISCO Ltd., a publicly listed Japanese company. It is one of the few fully regulated tokens in Japan. Initially distributed to FISCO Ltd. shareholders in 2016, FSCC transitioned from the Counterparty protocol on the Bitcoin blockchain to the Ethereum blockchain in June 2020. This migration aimed to benefit from faster transaction speeds and enhanced development infrastructure provided by the Ethereum ecosystem.

FSCC is issued by FISCO Ltd., a Japanese company that specializes in investment support services and actively engages in blockchain and cryptocurrency initiatives. FISCO's goal is to increase the value and utility of FSCC, aiming to expand its corporate value and group business. This includes the development of innovative businesses based on decentralized applications (DApps) and decentralized finance (DeFi) concepts, contributing to a broader ecosystem using FSCC as a utility token.

FISCO Coin is an ERC-20 token on the Ethereum blockchain since June 2020. The shift from Counterparty on the Bitcoin blockchain to Ethereum was motivated by Ethereum's faster transaction capabilities and richer development environment. While Counterparty provided robust security anchored to Bitcoin, Ethereum offers better user convenience, wide third-party wallet support, and flexible token management. This change enhances the overall user experience and expands the possibilities for FSCC’s application development.

FSCC has been available on several exchanges, including Zaif—a regulated Japanese exchange where it has been listed since 2016. It is also listed on international crypto exchanges such as Hotbit, Finexbox, Probit, Coinsbit, and Exrates. Buyers can acquire FSCC through centralized exchanges or decentralized exchanges (DEXs) by using Web3 wallets. LBank offers an alternative platform to access and trade FSCC securely for those interested.

FISCO Coin functions primarily as a utility token within projects driven by DApps and DeFi principles. Despite regulatory constraints in Japan limiting pure DeFi applications, FISCO commits to building a fully compliant platform for multiple blockchain applications. Present uses include arbitrage trading, staking, and crypto lending to generate returns. Future plans include enabling token holders to participate in lending crypto assets and earning interest, aiming to broaden FSCC’s practical value and increase user engagement within its ecosystem.

FISCO addresses Japan’s regulatory complexities by establishing a compliant platform that utilizes a securitization scheme for operating multiple DApps with FSCC as a utility token. This approach aligns FSCC’s business model with Japanese financial regulations, aiming to ensure legal compliance while promoting innovations in decentralized services. By adhering to this framework, FISCO strives to maintain regulatory transparency and legitimacy, facilitating sustainable growth and building trust with users and regulators alike.