Market cap
$460K
-0.09 %
Volume (24h)
$8.08K
-0.09 %
Total supply
999,999,999 FAKT
Max. supply
4,999,999,999 FAKT
Medifakt (FAKT)
$ 0.00
-0.09 %
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Key data
updated $0Market cap$460K
Volume 24h$8.08K
All-time high$0.04-99% from peak · 2022-04-27
Medifakt (FAKT) is a cryptocurrency token tied to the Medifakt project, which focuses on blockchain applications in the healthcare and IoT space. In simple terms, FAKT is the digital asset used within this ecosystem to power its services and reward participants. Like most tokens, it lives on a blockchain and can be traded, held, or used inside the platform.
Frequently asked questions
What is Medifakt (FAKT) and how is it different from other tokens?
FAKT is the native token of Medifakt, a project that combines blockchain with healthcare and Internet of Things (IoT) technology. Unlike general-purpose cryptocurrencies, it's designed specifically to support data-driven healthcare solutions, giving it a niche use case within its own ecosystem. Its ticker on exchanges is FAKT.
How does Medifakt's technology work?
Medifakt builds on blockchain infrastructure to securely connect medical and IoT devices, aiming to make health data tamper-proof and transferable. Transactions and records are validated through the underlying blockchain's consensus mechanism rather than a central authority. This approach is meant to improve trust and transparency in sensitive healthcare data flows.
How is FAKT's supply and emission structured?
FAKT has a hard cap of 4,999,999,999 coins, meaning no more than that amount can ever be created. A fixed maximum supply is a common way projects limit inflation and make scarcity predictable. The distribution across team, ecosystem, and public sales is defined in the project's tokenomics documentation.
How can I store and use FAKT tokens?
Since FAKT is an exchange-traded token, you can keep it in any wallet that supports its blockchain standard, such as a compatible non-custodial wallet or a trusted exchange wallet. Holding it in your own wallet gives you full control of your private keys. Beyond holding, the token is designed to be used within the Medifakt ecosystem's services.