1. What is stfx?

Introduction to STFX Cryptocurrency

STFX (Single Trade Finance Exchange) is a DeFi and SocialFi protocol designed to facilitate efficient short-term asset management. The core innovation of this protocol is the concept of a Single Trade Vault (STV). STV is a specially constructed non-custodial vault aimed at optimizing asset management.

The STFX token is designed to represent one of the cryptocurrencies for digital assets, employing advanced blockchain technology, which sets it apart in the realm of digital assets.

As a cryptocurrency, STFX can be used for purchasing goods and services, storing value, accounting, and serving as a medium of exchange. A distributed ledger (also known as "blockchain") ensures the security of this digital asset.

STFX can also be used on social trading platforms, such as MEXC, where users can buy, hold, transfer, and stake these tokens on the platform.

2. Who founded stfx?

According to the provided information, the founder of STFX is Murad Mahmudov. He graduated from Princeton University and had a short internship at Goldman Sachs during one summer.

3. Which venture capitalists invested in stfx?

According to the provided information, the following venture capitalists invested in the seed funding for the cryptocurrency STFX:

1. LedgerPrime
2. Space Whale Capital
3. Greymatter Capital
4. White Rhino Capital.

4. How does stfx work?

STFX is a cryptocurrency that operates similarly to other cryptocurrencies, primarily based on blockchain technology. Below are the fundamental principles of its operation:

1. Blockchain Technology: STFX uses blockchain technology to record all transactions, which is a decentralized public ledger ensuring the security and transparency of transactions.

2. Transaction Records: All STFX transactions are recorded on the blockchain, making each transaction traceable and immutable.

3. Cryptographic Technology: STFX employs cryptographic techniques to protect transactions, ensuring that only authorized users can access and control their assets.

4. Decentralization: STFX is not controlled by any central authority or government, meaning its value and transactions are not affected by any single entity.

5. Market Value: The value of STFX is determined by market demand and supply, which can be influenced by various factors such as market sentiment and economic conditions.

6. Circulating Supply: The circulating supply of STFX refers to the current quantity of STFX available in the market, which influences its price and value.

Overall, the operating principles of STFX are similar to those of other cryptocurrencies, relying on blockchain and cryptographic technology to ensure the security and transparency of transactions.