We hosted an amazing AMA with FUSANG on the 10th of March.
And here we will put some of the best questions:
Q1. Can you please introduce yourselves as well as FUSANG?
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.
Our belief is that more and more real world assets like Shares, Bonds, and Funds will be tokenised – soon everyone will be on the blockchain!
As part of that, it was important to our mission that we be able to open up trading in these Security Tokens to all investors all over the world, including retail investors.
And with our 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.
Q2. What are the advantages of Your project?
Fusang is the ONLY platform in the world where we can issue SECURITY TOKENS that are open to the PUBLIC, through an IPO process – where it isn’t just kept for insiders and rich VCs.
Many exchange out there are offering tokens but not regulated. I guess it’s why Binance is out there buying companies with a licence as soon, many countries will make it hard to offer tokens to the public.
Even SEC is looking at NFTs as securities, just like the iCO days.
we won’t have to worry about that as we are a licensed securities exchange.
We hold 4 (soon to be 5) licenses across Asia, and have been recognised by 3 jurisdictions – you can see some of the recent news and press on our website www.fusang.co/news.
The most essential thing I’ve learned is that while it is easy to talk and build hype, the real work is in BUILDING a company. It’s taken over 3 years of work to get our licenses, and launch our technology platform – and are finally excited to share this with the world with our IPO!
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 than other exchanges.
Q3. please tell us about the goal you want to achieve in this year.
IPO is obviously the first and most exciting thing that we’re doing right now. as mentioned, if you want to see more info about the IPO, and of course Fusang, you can go here:
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.
Additionally, we are looking to help companies at all stages to tokenise their assets.
It’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’ve also recently been put on the Recognised Stock Exchange list in the BVI!
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
This is a great question! The person to share the vision for the name is our CEO. He isn’t here but you can learn his story in this video. https://www.youtube.com/watch?v=l1tR9P_Lslk
FUSANG’s senior management team, board directors, and advisors bring over 300 years of in-depth industry experience from leading financial services firms to disruptive technology companies and the government sectors. You can view some of our team on our website here: https://www.fusang.co/leadership
Q5. NFT is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on NFT with us? Do you think NFT will disrupt the current financial system? What is Your project’s approach to the NFT sector?
NFT’s are extremely hot right now. As stated earlier, the SEC is looking at NFTs and analysing to see if they are securities and if so, companies will be fined and may put out of business Just like the ICO days.
But for us, the concept and proof from ICOs and NFTs , demonstrates that this market is still in its infancy and so much room to grow. And Fusang is at the forefront.
But I think it’s important to make sure that you buy NFTs that have legal and contractual rights attached – like copyright! Don’t fall for scams where people are minting NFTs that are based on stolen art.
This slide is from a recent report we produced – make sure you ask questions about WHAT RIGHTS and OWNERSHIP your NFT actually gives you.NFT 2.0 will be tokens that actually represent real assets, like Real Estate – not just gifs! Follow us on Telegram to make sure that you get our NFT updates – and stay tuned for a special drop if you invest into our IPO!
And here we will put best questions from our members and FUSANG fans:
Q1. I understand FUSANG is Asia’s first licensed and regulated digital finance ecosystem for tokens and security assets. So can you explain the details and utility of the $FSC token? Why should we invest in FUSANG?
Fusang Corp (FSC) is the world’s 1st IPO for equity tokens, directly recorded on the blockchain.
There are all kinds of crypto tokens today, but 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.
Within Fusang’s ecosystem, users will be incentivised to pay, receive and trade with FSC to make the most of our central currency.
We plan to add several utility functions with the purpose of increasing FSC’s value. The token’s value will be based on the equity of Fusang Corp + the value of its utility function.
This closed loop mechanism will put users in the driver’s seat as they trade and build the community.
FSC token is not a utility token that is tied to some concept of its value. Each equity token represents direct ownership to a share of a stock in Fusang Corp. In the future, we will add a utility function to the equity token that would further increase its value.
quick summary of our Tokenomics,
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.
One reason to invest in Fusang, the Security Token market growth potential is tremendous. By 2030, studies show that over 25% of ALL listed securities will be Tokenised – that’s over USD 4 TRILLION!
As you can see in above chart , a report provided by Quinlan & Associates projects STOs will comprise upwards of 42.9% of the market share by 2030.
You can see the full report here: https://www.fusang.co/news/quinlan-associates-cracking-the-code
Second reason to consider is Fusang is at an early stage is that we are positioned to be unmatched in the market. Regulations are coming hard and fast and more exchanges will need to shut down operations.
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.
Q2. I read that Fusang wants investment to be more inclusive and to become an engine of equality, happiness and prosperity for people and companies around the world, but what do you mean by being more “inclusive”? Could it be that in other markets, investments are not inclusive?
With our securities exchange license we could’ve setup the same model as the traditional exchanges, like the New York Stock Exchange, London Stock Exchange,
but we chose to create security products, tokenised, fractionalised so that we can take assets the were only previously available to the wealthy and make it available to any investor.
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
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.
Q3. I saw that FUSANG has a technology called “Fusang Vault”. Can you explain to us the advantages and disadvantages of this technology? How do users benefit from “Fusang Vault” technology?
Fusang Vault is designed to ensure that investor funds, both Fiat, Crypto & Securities, are safe.
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.
It’s important to know, SECURITIES can’t be stolen in the same way as CRYPTO. Why? each share is registered in your name, If someone happens to steal it, we make sure it gets returned to you as the rightful owner. That is the true power of blockchain technology.
Q4. Can you describe the FUSANG Token revenue model? What strategies do you employ to generate income or profit? Many projects are primarily concerned with their long-term vision and mission, but what are your immediate objectives? Right now, what are you focusing on?
You can view all of our financial info in our IPO Prospectus: https://assets.website-files.com/618b48916e837d158098a344/61f6f5bd1db6f06d9a80b604_Project%20Atlas-%20Fusang%20Corp%20IPO-%20Prospectus%20dated%2018%20January%202022.pdf
Fusang generates revenue from Trading Fees on our exchange, and of course from Issuance, Tokenisation, and Listing Fees
Our short terms objectives will be getting more and more companies listed on Fusang Exchange and helping match them with investors all over the world.
We will become the defacto digital asset exchange and being in Asia, we are already being contacted by parties in Europe and the US to list on our exchange. People want access to investors in Asia. Our exchange is ready to be global.
Q5. Once the product is developed, one of the main challenges seems to be adoption. What are some of the plans to stimulate adoption and build out the ecosystem around YOUR PROJECT?
It’s important to highlight 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 white paper.
The answer lies in using our tokenomics to empower users and the ecosystem around us.
We have an exciting platform to show the world that crypto companies can and do want to list REAL equity 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!
Beyond that, we’ll launch some exciting projects, like our upcoming Crypto ETF, allowing everyday 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!
Q6. Where can I currently buy Token?
https://www.fusang.co/subscribe/fsc, view all information about our project here, then register to our platform, deposit fiat or crypto, then buy FSC with USD.
We’ve already raised 7.05 Million, 3 more and we hit our target.
Q7. How can I buy this tokens? Is it available on any exchange?
You can buy the tokens on Fusang Exchange by creating a Fusang account. To do so , you will have to go through our KYC process and submit the copy of your ID document and proof of address. Please note that FSC tokens are listed on Fusang Exchange only.
Q8. What are your marketing plans? Successfull project requires good marketing team and partnership too. How can we be sure your project is good?
part of our growth plans is to support the current token market, and for those that need to be regulated on a licensed exchange, there are only a few choices in the world to do so today.
Additionally, we’re already building partnerships with development communities, incubators , investment communities to build out a marketplace to serve the needs of the all parties.
Q9. Covid-19 has affected every business in the world. Is Your Project affected bay this?? Tell us is this a good way bad way?
Covid has not affected our business as the whole world has been forced to become more efficient. Everyone still needs to run businesses and in fact, if you’ve seen the traditional markets, people are moving to crypto/digital assets. Look at Russian citizens now moving their money out of fiat, the world is changing and pushing towards a different model.
Even in Covid so many projects are still being funded.
Q10. Do you feel satisfied by seeing your progresses and achievements Still now When you look back to the day When you have Started this Project?
Fusang has been running over 5 years and as with any company, progress is always satisfying. We’ve had to adapt many times, we’ve failed and learned to quickly pivot. all the learnings in the process brought us to where we are today. it’s all timing, now when the biggest player in crypto is now buying licensed financial institutions you know where things are going and we are already a licensed securities exchange an ahead of the pack.
Q11. Staking program is very important for any project,? Can i stake your token? Do you have any plan of starting staking program?
Yes we do have plans on staking. It’s a great way to participate. Since our tokens are based on both equity and utility/currency, we are still working out the Tokenomics that would be equitable for all participants, stay tuned.
And this was the end of our AMA with FUSANG.
If you have any questions you can ask here:
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