Post
Topic
Board Tokens (Altcoins)
Re: [ANN] FoldingCoin - MINE FOR MEDICINE- PHASE 2.0 - $1,500 & 100mln FLDC BOUNTY!
by
SalimNagamato
on 23/07/2016, 16:55:19 UTC
Quote
they are paid in FLDC by using a Bitcoin wallet, because the Counterparty layer is on top of the Bitcoin blockchain
so all Counterparty assets are distributed to bitcoin addresses

I see. I hadn't used a Counterparty token before hence my confusion. Thanks for explaining.

This system must mean that the FoldingCoin team convert the FLDC reward into BTC? Is that correct?

This would mean that the only way to obtain FLDC is to buy it from an exchange. Yes?

no

http://blockscan.com/assetInfo/FLDC

you will receive FLDC Asset as payment
Counterparty is just using the Bitcoin blockchain database to create and use other asset (or 'coins') with asset's own Ticker
there is also a DEX to trade assets