Fengya Cloud
Global Supercomputing Blockchain
Fengyacloud, established on December 1, 2023, in Hong Kong and initiated by the Singapore Star Foundation, is dedicated to building a global supercomputing blockchain. Leveraging blockchain technology, combined with decentralized finance (DeFi) and smart contracts, we create an innovative model of digital capital + blockchain finance, enabling global sharing of computing resources, efficient financing, and ecosystem development.
This whitepaper focuses on the Fengyacloud Global Supercomputing Blockchain, initiated by the Singapore Star Foundation with Fengyacloud as a core partner. The platform procures computing power across 20 countries and regions worldwide, supporting the AIGC (AI-Generated Content) industry. Through the Fcoin staking-to-mine FYC mechanism, it allows global users to participate in the ecosystem of the supercomputing blockchain. The FYC token model is streamlined and efficient, offering stable and high-yield investment opportunities. To accelerate the growth of the FYC global community, the Singapore Star Foundation has introduced a community node competition reward mechanism, where the global community collectively shares 1 million FYC ecosystem tokens, driving the development of the FYC ecosystem together. Additionally, the platform implements three burn mechanisms (Fcoin-to-FYC slippage, USDT withdrawal slippage, and computing contract service fees) to achieve an extreme deflation of FYC to 1 million tokens, further enhancing token value. Our vision is to empower global AI innovation and reshape the supercomputing blockchain ecosystem in the new economic era.
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