BFICoin (BFIC) is a proof-of-stake blockchain platform with BFICoin as its native coin. The founding firm, Innovation Factory, claims that BFIC is the only coin with an ecosystem designed to meet the decentralized financial needs of everyday users. Unlike most other cryptocurrencies, BFIC focuses on user-centered utility.

BFIC was launched through an Initial Exchange Offering (IEO) on XchangeOn, with an initial issue price of $3.00. In February 2022, the coin reached an all-time high (ATH) of $45.00 and is currently in a consolidation phase. BFIC is currently available for trading on XchangeOn, United Exchange, and LaToken.

In 2021, Innovation Factory deployed the BFIC token on the Binance Smart Chain. In mid-2022, they developed their own blockchain with the native coin BFIC, aiming to provide better and more advanced decentralized finance solutions. Token holders were given the opportunity to exchange their tokens for mainnet coins at a 1:10 ratio. The BFICoin has now replaced the BFIC token.

BFIC Mainnet is a next-generation network based on 3rd Generation Blockchain technology. It offers a platform for creating and managing decentralized financial services in real-time. The BFIC Mainnet combines features from Bitcoin, Ethereum, and Tron, resulting in a new algorithm that utilizes Bitcoin and Proof-of-Stake (PoS) algorithms for blockchain calculations. The mainnet envisions lower transaction costs, low data storage costs for decentralized projects, the ability to tokenize assets for circulation in Ethereum and other networks, and a capacity of 100,000 transactions per second.

The BFICoin ecosystem consists of 20 projects, with 3 projects already launched. BFIC Network is a stake-mining platform that allows users to stake their BFICoins and mine rewards using their smartphones. XchangeOn was the first crypto exchange to officially list BFIC. The ecosystem will include utility-based projects such as Bulleto Smart Contract, SnakeNLadder NFT Game, MetaMall (Metaverse Shopping Platform), BFIC Store (Crypto commerce platform for online shopping), Crypto Cash (Liquidity solutions for BFIC in the form of debit/credit cards), Love Wallet, BBond (Bitcoin Bonds), Insured Trading (crypto trade insurance), and more.

BFIC will have a maximum supply of 21 million coins, distributed over a span of 5 years. According to the whitepaper, approximately 47% of the total supply will be injected through mining rewards. The distribution plan includes allocations for bounty, emergency fund, server maintenance, research and development, ICO airdrops, team, rewards, and mining rewards.

Innovation Factory is a Fintech firm specializing in decentralized finance. They have developed a 3rd generation blockchain, a crypto exchange, and a crypto stake-mining platform for smartphones.