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Forex Zone Token (FZT)

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Daily payout #2 has been sent.
#31 - June 03, 2021, 03:52:05 PM

Forex Zone Token (FZT) in Coins & Tokens_topic=585

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got 100 FZT transfer for doing nothing...

Thank you.
#32 - June 03, 2021, 10:48:18 PM
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The free airdrop to all TRT holders has been completed. Every TRT holder received 100 Free FZT.
#33 - June 03, 2021, 11:11:23 PM

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Some clarifications have been added to the first post. It is now more clear what circulating supply is compared to total supply. Also, some information about the differences between the wallets has been added and some screenshots added. HotWallet has been added as an available wallet. It has been tested and seems to work great.

#34 - June 04, 2021, 02:27:26 AM

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A few questions I would like to ask again sir,

1. It says there is a maximum supply of 7,000,000 FZT, and of course every FZT circulation the price will also increase. For example, 7,000,000 FZT has been sold out, is it no longer possible to exchange forum points for FZT? 

2. Is the more circulation of FZT saved, will the daily burst passive income also increase? For example, the circulating FZT is already 1,000,000, will the daily burst also change from the previous 1000 burst to an example of 10,000 burst per day? 

3. I believe FZT will have a lot of demand and of course the price will continue to rise. Is it worth the future benefits for FZT holders? Apart from only getting daily bursts.
#35 - June 04, 2021, 02:46:46 AM

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1. For example, 7,000,000 FZT has been sold out, is it no longer possible to exchange forum points for FZT?
If this ever were to happen, they would need bought back from the market. It should never get to that point because Forex Zone will not be dumping all tokens on the market and there are plenty of tokens left. Also, Forex Zone will be buying back tokens from time to time.




2. For example, the circulating FZT is already 1,000,000, will the daily burst also change from the previous 1000 burst to an example of 10,000 burst per day?
The daily Burst payout of 1000 isn't related to the circulating supply in that way. If I understand you correctly, you are saying that as the more tokens are circulating then the higher the payout should be. This is not the case. The 1000 payout is not based on how many tokens are circulating.



3. I believe FZT will have a lot of demand and of course the price will continue to rise. Is it worth the future benefits for FZT holders? Apart from only getting daily bursts.
You will need to consider all the details and come to your own conclusion. No investment or trading advice will be given. If you think FZT has risen too much and want to sell then sell. If you see FZT has fallen and want to buy then buy. Or whatever the case is. There may be future benefits added that use FZT, but right now since it has just been launched a few days ago, there is only the daily payout.


#36 - June 04, 2021, 12:00:16 PM

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Daily payout #3 has been sent.
#37 - June 04, 2021, 03:37:05 PM

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Daily payout #4 has been sent. Payments should arrive soon if not already.
#38 - June 05, 2021, 03:09:44 PM

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As a TRT holder I got an airdrop of FZT. So I did some digging and found this cool place. 
I see the payout is supposed to be daily, but I haven't actually gotten anything yet. Is there a minimum amount of FZT one needs to hold in order to receive FZT (similar to what TRT has)?
#39 - June 05, 2021, 07:39:29 PM

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I see the payout is supposed to be daily, but I haven't actually gotten anything yet. Is there a minimum amount of FZT one needs to hold in order to receive FZT (similar to what TRT has)?
No, there is no minimum. It's handled automatically by BRS software. Let me know your Burst address and I will look into it.
#40 - June 05, 2021, 09:12:11 PM

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No, there is no minimum. It's handled automatically by BRS software. Let me know your Burst address and I will look into it.
My burst address is BURST-FCCJ-HQM9-BZBD-F87U5. I think I know what went wrong. You put a 1 BURST transaction fee, which is higher than the payout itself. Hence the whole thing just disappeared. You might wanna look into doing the daily payouts through a low fee multi out, that should solve the problem. 
#41 - June 06, 2021, 10:31:14 AM

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You put a 1 BURST transaction fee
This is handled automatically by BRS. It does not let me change the fee.



You put a 1 BURST transaction fee, which is higher than the payout itself. 
Yes, it is higher than the payout itself, but this should not make the transaction disappear. If anything, it would give it higher priority. Also, you can see in the explorer hundreds of other small transactions exactly like yours were successful. So it cannot be the high fee.




You might wanna look into doing the daily payouts through a low fee multi out, that should solve the problem.
I would love to do that, but BRS does not allow for the fee to be adjusted. To make it worse, it doesn't seem to be able to handle the automatic distribution to only about 260 FZT holders. This isn't even a lot in my opinion. So I checked Phoenix and the multi-out payments do not work for CSV. So the only way I can do the multi-out payments is by manually copying Burst addresses one by one. It would be very time consuming to do this tedious task every day. If anyone knows how to do a multi-out payment with CSV, please let me know. Then I can do the payouts manually and ensure it is done fast and efficiently.

#42 - June 06, 2021, 02:44:18 PM

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Daily payout #5 has been sent.
#43 - June 06, 2021, 04:15:01 PM

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Daily payout #6 has been sent. Payments should arrive soon if not already.
#44 - June 07, 2021, 02:15:36 PM

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I sort of stumbled in here to get the FZT promotion.  But I am sticking around to learn!  I have so many questions.  This whole forum is intimidating.  Some real basic questions:
1.  Do I need to associate my BURST address with my profile and if so how?
2.  Is Forex.zone limited to national currency (fiat) trading?  Is there a crypto currency aspect to the trading here?
3.  Is all of the trading done thru the external brokers?  in other words, is forex.zone a discussion group only?

Thanks.
#45 - June 08, 2021, 01:40:32 PM

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