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| Formation Fi 
| #FORM
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| FORM Price: | $0.000103 | | Volume: | $3.2 K | | All Time High: | $0.46 | | Market Cap: | $64.9 K |
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| Circulating Supply: | 632,230,450 |
| Exchanges: | 2+
| | Total Supply: | 1,000,000,000 |
| Markets: | 3+
| | Max Supply: | — |
| Pairs: | 11
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The last known price of #FORM is $0.000103 USD.
 Please note that the price of #FORM was last updated over 190 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #FORM statistics should be considered as 'last known value'.
The lowest FORM price for this period was $0, the highest was $0.000103, and the exact last price of FORM was $0.00010266.
The all-time high FORM coin price was $0.46.
Use our custom price calculator to see the hypothetical price of FORM with market cap of BTC or other crypto coins. |
The code for Formation Fi crypto currency is #FORM.
Formation Fi is 3.2 years old. |
The current market capitalization for Formation Fi is $64,903.
Formation Fi is ranking downwards to #1036 out of all coins, by market cap (and other factors). |
The trading volume is small during the past 24 hours for #FORM.
Today's 24-hour trading volume across all exchanges for Formation Fi is $3,212. |
| The circulating supply of FORM is 632,230,450 coins, which is 63% of the total coin supply. |
| Note that there are multiple coins that share the code #FORM, and you can view them on our FORM disambiguation page. |
Building Better Blockchain Brotherhoods By Blocking Bias / B.S.
Executive Summary We provide two tenets that are essential to building better decentralised organisations., We elaborate upon the two tenets by providing seven pillars on which the two tenets rest. These pillars also serve as clarifications for the principles summarised in the tenets., The overarching goal of this article is to improve productivity in organisations engaged in developing blockchain technology., An unintended yet welcome consequence of integrating these tenets and pillars into the DNA of any decentralised project is that people can come and go, products might come and go, but the protocol will stay., Clearly, the concepts mentioned here can be applicable to organisations outside the decentralised realm as well. We conclude with a colourful verse, recited hundreds of years ago, that perhaps captures the essence of what we are trying to express., — The Two Tenets - The more people (sentient beings?) we include the more successful we will be., The more the focus, of the people we include, on real problems the more successful we will be., The Seven Pillars Upholding The Two Tenets Focus on real problems is simply doing things without Bias and / or B.S. (Bull Shit)., Bias is not being able to see things clearly. B.S. is dishonesty, which is seeing something but saying it is something else [1]., The more we focus on real problems, the more involved we will naturally become towards finding superior so... 
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Formation Fi is Bringing Risk Parity to the Defi Party: Parity is Live on Mainnet
We are pleased to announce that Parity is now live on Binance (BSC) mainnet after the successful completion of several rounds of tests in the testnet environment. Our Risk Parity Product is the first investment vehicle that will provide diversified returns, tailored to the risk appetites of each investor, entirely on a highly secure blockchain environment. Alpha, Beta and Gamma are our three main funds with different levels of risk and expected returns. Our investment mandates will be to ensure that, under most circumstances, Alpha will be more risky than Beta and Beta will be more risky than Gamma. Investors will be able to combine the three funds depending on their risk appetites using our Graphical User Interface (GUI). Mixing Alpha, Beta and Gamma will give the Risk Parity portfolio. Risk Parity will generate returns for investors that factor the risk of the individual assets, with each asset contributing equally to the overall risk of the portfolio. The end result will be a decentralized investment fund, which will tailor the preferences of each investor, providing diversified and risk adjusted returns. This superior risk management and yield enhancement happens with all the assets being maintained on-chain, following standard blockchain practices, while being secured from both external and internal incursions. Please see our roadmap for the many exciting features we are developing for our investors, Roadmap: Essential Wh...
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ALPHA and BETA outperformed BTC in the past 3 months with higher return and lower risk
The official result is out and it’s impressive. Alpha and Beta performed better than BTC. Granted that we are in a crypto winter cycle. But, you can’t argue with data. Risk Parity works in defi for the past three months. Our risk parity investment system has started to lay the foundation for a solid track record. The second version of our Alpha Fund (Alpha V2) was launched for community testing on July 5, 2022. Our Beta fund has also been live since July 5, 2022 for community testing. The product has gone through a significant amount of internal and community testing on the mainnet environment across three chains with real money by the team members. Below we provide a brief summary of the performance of our investment funds.Period: July-05–2022 to October-11–2022 Formation Fi Investment Fund Performance Updates — as of Oct-12–2022 From Inception (July 5, 2022) till Oct 11–2022, Alpha and Beta have achieved a return of around 7.36% and 9.64% respectively. As a point of comparison, we note that the Bitcoin (BTC) return for the same time period is around -5.4%., The key aspect to highlight is that Alpha and Beta have outperformed BTC by around 12% to 15% while their risk has been lower. Risk, as measured by volatility or the standard deviation of returns, has been around 51.47%, 55.73% and 57.49% for Alpha, Beta and BTC respectively. Keeping with the usual convention, the volatility figures have been annuali...
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Meet Member #7 of the Eiffel Team
Smart Contract Developer Note: “to protect the privacy of our team, we will be using nicknames throughout interviews after the first article of this series. This is done precisely because some of our team members have other professional commitments and/or hold public office that preclude them from pursuing certain work or interest outside their capacities.” Formation Fi’s AK came on board in March 2022 as our smart contract developer. He was deeply drawn to the project for a number of reasons but he was mainly attracted to working with us because of just how unique a project it is. As he explains: A unique proposal “I found that the project was very different to other DeFi projects. It was a new proposal. This concept doesn’t exist yet on the DeFi. The concept was an opportunity. Indeed, Formation Fi offers users a completely unique new way of investing in DeFi by allowing the user to choose his own risk. Moreover, I was interested to work with a team with such technical skills.” AK reflects on this: “It’s the future of cryptocurrency hedge funds. It uses different strategies: lending, exchanges, derivatives, yield farming, …” Extensive time creating smart contracts AK’s background began studying computer science before moving on to work in the world of DeFi projects. He has studied at the French University “of Dijon-Auxerre”. During his time working on DeFi projects he developed arbitrage bots. Th...
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Nifty NFT Designs for Friends of Formation FI
HighlightsWe have created seven NFT (Non-Fungible Token) designs that will become available for people that invest into our Parity, Alpha, Beta and Gamma funds.The Parity NFT is minted when a deposit is made into the Parity fund. The investor will hold the NFT for the life of the investment. The Alpha, Beta and Gamma deposit and withdrawal confirmation NFTs serve as receipts when someone makes a deposit or withdrawal request from the corresponding funds. The deposit NFTs will be available only from the time of deposit till the time that the deposited amount is converted to Alpha, Beta or Gamma tokens. The withdrawal NFTs will be available only from the time of withdrawal request till the time that the withdrawn Alpha, Beta or Gamma tokens are converted to USDT / BUSD or USDC respectively.The images given in this article are smaller and simpler illustrations. Our social media postings on Twitter will have the more exotic animated versions of these designs. Investors can deposit USDT, BUSD and USDC on Ethereum, Binance and Polygon respectively to participate in one of our fund pools: Parity, Alpha, Beta and Gamma. We have created seven NFT (Non-Fungible Token) designs that will become available for people that invest into our Parity, Alpha, Beta and Gamma funds. A discussion of when these NFTs will be minted or burned and what information they will contain is given here. The images given below are smaller and simpler illustrat...
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Meet Member #6 of the Eiffel Team
Director of Trade Execution, Investment Reporting and Risk Management Note: “to protect the privacy of our team, we will be using nicknames throughout interviews after the first article of this series. This is done precisely because some of our team members have other professional commitments and/or hold public office that preclude them from pursuing certain work or interest outside their capacities.” Benjamin Button began his career working in largely traditional financial and investment services. His background in data science meant that he was hugely experienced working on the technical aspects of financial products for high net individuals. Prior to Formation Fi he worked in product management at hedge funds, as well as risk management and managing credit and FX risk across investment services and portfolios. He is also currently publishing some of his data science work, with a number of conferences regarding it scheduled for the summer. Moving into a new sphere But he was always keen to move into more alternative spaces. As he explains: “I’ve been looking for an opportunity to do something in the startup space for some time- so I’d been probing and checking out different people- and this sounded like an interesting endeavor , it was an opportunity I didn’t want to let go by.” Consequently, he was naturally very keen to become part of Formation Fi’s work, when he was offered the opportunity to work with...
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Roadmap: Essential When Setting Sail For Uncharted Waters
ROADMAP 2022–2024If a picture is worth a thousand words, a picture with a lot of words must be worth a lot more.Though road generally applies to land, we need to keep in mind that we could be traveling on water or in space or elsewhere. Hence, let us just say a roadmap could be helpful even when setting forth on a journey across uncharted terrain.The challenges on this particular trip (aimed at bringing risk parity to blockchain), make it hard to specify precise dates, but rest assured if an item is on the roadmap we are reasonably certain that it can be delivered successfully. This is simply because for an item to make it to the roadmap a significant amount of time has been spent checking how viable building that particular component is. Also because rigorous analysis, ingenious designing, careful planning, implementing the simplest solution first and then iteratively improving it are some of our core strengths.The following clarifications refer to the items on the Roadmap Picture.The items under “Now” are tasks that we are actively working on and some of which could be close to completion, if not already completed.The items under “Next” are tasks that we are actively designing and some of which could be in early stages of implementation and could be coming to “Now” very soon.The items under “Later” are tasks that we are actively considering and some of which could be coming to “Next” very soon.Where...
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The Community Release of Gamma, Summary Page and Polygon.
Formation Fi Launch of New Products and Community Testing UpdateUpdate of Existing Components in Community TestingAlpha performing without issues and we are ramping up investments on ETH and BSCBeta performing without issues and we are ramping up investments on ETH and BSCMore Testing of Different Scenarios will Continue 2. New Components Added to Community TestingSummary Page for Alpha, Beta and GammaGamma Available on ETH, BSC and PolygonPolygon Mainnet Launch (Alpha, Beta and Gamma)USDC Accepted on Polygon (USDT on ETH and BUSD on BSC) 3. Coming Very Soon for Community TestingParity with User Preferences on ETH, BSC and PolygonHome Page — Comparison of Return, Volatility and Concentration Risk Indicator of Alpha, Beta, Gamma and Top Tokens by Market Capitalization (BTC, ETH, BNB, XRP, ADA, SOL, DOT, MATIC, AVAX)Profit Sharing on ETH, BSC and PolygonWhere to Find Us? Website: https://formation.fi Telegram: https://t.me/FormationFi Twitter: https://twitter.com/FormationFi Medium: https://formation-fi.medium.co
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Meet Member #5 of the Eiffel Team
Lead UI/UX Design and Creative Art Note: “to protect the privacy of our team, we will be using nicknames throughout interviews after the first article of this series. This is done precisely because some of our team members have other professional commitments and/or hold public office that preclude them from pursuing certain work or interest outside their capacities.” Profile for A “The crypto world was totally different and new for me and it looked very exciting,” recalls A, our graphic designer and creator, who joined us back in mid 2020. Background in Fine Art and Design A’s academic background is in fine arts and design. She studied at the Wroclaw Academy of Fine Arts (Master of Fine Arts) and the Maryland Institute College of Art, where her major was in Communication Design. After graduating she worked across agencies and also with big international brands and corporations. These included Nike, Google and Canal+. She has also been nominated and listed for some very prestigious international awards including at Cannes Lions where she was shortlisted for a Cyber- Web Games prize; the Clios on the shortlist for Branded Content and Entertainment, and also for a Webby award in the Best Use of Animation and Motion Graphics category. Crypto presented a new and challenging opportunity then, but one that A was more than happy to rise to. As she explains: “I had to learn everything from the beginning, and that was ki...
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Meet Member #4 of the Eiffel Team
Lead Software Engineering Note: “to protect the privacy of our team, we will be using nicknames throughout interviews after the first article of this series. This is done precisely because some of our team members have other professional commitments and/or hold public office that preclude them from pursuing certain work or interest outside their capacities.” M.F. Profile M.F. came on board with Formation Fi back in September 2021, as one of our Chief Product Architects and Senior Solidity Developer. He brought a wealth of experience to designing the products and leading the development of our smart contracts. A background in computer science and mathematics M.F.’s background is as an engineer in both computer science and mathematics. He has a master’s in operational research, a master in Probability and Statistics from the University of Paris 6 (Sorbonne university), an additional master’s in financial mathematics from the University of Paris and in also one in economics and insurance from the University Dauphine (University PSL). He also holds PhD in applied mathematics from ENS Paris Saclay (Paris-Saclay University), which is ranked first for mathematics in the world. His thesis consisted in the physical and mathematical modelling of very complex physical phenomena. M.F. also brings a business aspect to its significant academic background by studying an MBA in management and business administration also at the Sorb...
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Crypto Coin Prices and News 