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FuraCoin

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Stable coin platform enabling investment in Colombian emeralds.

Overview

FuraCoin functions as a stablecoin platform that enables investment in Colombian emeralds through the issuance of Fura Tokens, which are backed by physical emeralds. This model seeks to address challenges related to high entry costs and trust issues within the emerald market, providing a mechanism for a secure store of value for investors. The platform features Furatrade, a marketplace that provides detailed information and legal documentation regarding the emeralds, which may enhance transparency. Investors have the option to redeem their tokens for physical emeralds following a verification process. FuraCoin's objective includes supporting the growth of the emerald industry while offering investors opportunities for diversification and potential returns.

Key facts

Founded
2017

Contact

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About FuraCoin

What does FuraCoin do?

FuraCoin functions as a stablecoin platform that enables investment in Colombian emeralds through the issuance of Fura Tokens, which are backed by physical emeralds.

Where is FuraCoin headquartered?

FuraCoin is headquartered in Miami, United States.

When was FuraCoin founded?

FuraCoin was founded in 2017.

Which sector is FuraCoin in?

FuraCoin operates in Decentralized Finance, part of Financial Technology.

Who are FuraCoin's competitors?

Companies similar to FuraCoin include iCoin, PDX, and MerchDAO.