Fusion Foundation FSN Community Listing Proposal for Binance DEX

Project Summary

Project Name - Fusion Link to your asset page on Binance Chain - https://explorer.binance.org/asset/FSN-E14 Your name and position - Dejun Qian, Fusion Founder A one-sentence pitch about your Project

Fusion is a connected ecosystem for financial transactions. Fusion powers the next wave of financial innovation on the blockchain.

What are you planning to achieve with your project?

The Fusion protocol is the perfect technology environment to build a new forward-thinking application or cost-saving solution for your business. On Fusion, any and all digital assets become interlinked and are able to freely interact, fostering seamless integration with other businesses and technical systems. Blockchain development is easy on Fusion, with a rich set of Finance focused APIs drastically reducing the requirement to program complex smart contracts.

What is the team size now? Please list each core member of the Project team and outline their role and responsibilities

Total team members: 28

Core team members:

DJ Qian, Founder and CEO

LinkedIn - https://www.linkedin.com/in/dejun-qian-aa027136/

Charles Poliacof, Advisor, Strategy and Partnerships

Linkedin - https://www.linkedin.com/in/charles-poliacof-84753832/

Bret Schlussman, Chief Technology Officer

linkedin - https://www.linkedin.com/in/bretschlussman/

Andre Cronje, Head of Innovation and Technology

Linkedin - https://www.linkedin.com/in/andre-cronje/

John Liu – Chief Product Officer

Linkedin - https://www.linkedin.com/in/johnliu13/

Karim Chaib – Chief Crypto Officer

Linkedin - https://www.linkedin.com/in/kczrh/

Josie Jang – Director of Operations

Linkedin - https://www.linkedin.com/in/josie-jiang-39b398157/

Gouchang Xu – Director of Technology

Andrjez Such – Dev Ops

Linkedin - https://www.linkedin.com/in/asuch/

Zhaojun He – Research Fellow

Yona Takac – Community and Marketing Manager

Linkedin - https://www.linkedin.com/in/yonatakac/

Matt Kast – Product Designer

Linkedin - https://www.linkedin.com/in/matthewkast/

Joey Kheireddine – Blockchain System Analyst

Linkedin – https://www.linkedin.com/in/joey-kheireddine-337224173/

Project Website - https://www.fusion.org/ Share a link to your project’s whitepaper

https://uploads-ssl.webflow.com/5cbf7269aa4c8ec895500d90/5cd19865da79bd05684babfc_Fusion White Paper.pdf Share a link or image of your roadmap - Fusion MainNet was released on June 30th. Revised roadmap will be released shortly. Where are you right now in your roadmap?

Fusion MainNet was launched on June 30, 2019. Further technical roadmap will be shared shortly.

What is the business model of the Project?

FSN is the gas required to execute a transaction on the Fusion blockchain and the proof of participation in PoS consensus. The FSN token is an essential component of all the tools available in the Fusion ecosystem. FSN tokens enable access to the entire suite of features and financial transactions on the network.

What is the potential user base and market opportunity?

Fusion’s technology is industry agnostic. We have already partnered with banks, exchanges, retailers, custody providers, governments and more.

Token Information & Economics

Token Name and Symbol

Token Name - FSN

Symbol -

What is the primary use case of your token?

Gas required to execute transaction. Proof of participation in POS consensus. Where else can your token be used?

When a third party needs to use Fusion technology, it needs to hold FSN and acquire a license. What is the total supply of your token?

81.92 million. What is the circulating supply of your token?

About 32.17 million. Please provide a breakdown of current token allocation.

Please provide a list of team wallets that hold your token.

A. 0xC98F8C6b319ECCecCaA9361ED5372274674F96cF

B. 0xa8EcDc452194cc33101DF58A054937a02a50AA83

Please provide all lockups in place for any holders of the token.

No lockups

Is the token currently running on any network other than Binance Chain? Please provide explorer links to each version of the token.

ERC20 FSN on Ethereum: https://etherscan.io

Native FSN: https://blocks.fusionnetwork.io

Is the token currently listed on any other exchange? What are they?

Yes. FSN is currently listed on Bibox, BixMax, Bittrex, Bitifinex, Upbit, Hotbit, IDEX, Ethfinex, Coinall, Liquid.

Please provide a detailed token migration plan. What mechanism will you be using?

Fusion will be using the token bridge which is already live - https://bnbridge.exchange/FSN

Further, Fusion’s asset gateway can support the coexistence of different types of tokens, like ERC20, native FSN, BEP2 token on Binance DEX, and the conversion between them.

What is the exact timeline of opening the swap/bridge to the public? Will you be able to complete this prior to the end of the voting period? If yes, please provide evidence that it the swap/bridge is ready or close to being ready.

Token bridge is ready - https://bnbridge.exchange/FSN

If your tokens currently still sit in only 1-5 addresses, please provide the timing of when they will be fully allocated to users.

This does not apply.

Funds

Did you conduct an ICO or any type of fundraising? When was it?

Yes. token sale period was between Feb. 1st, 2018 to Feb. 10th, 2018.

How much in total did you raise?

51,200 ETH

How much have you spent in total thus far? What have you spent these funds on?

5.1 million $USD. Mainly on technology development, Marketing activites. Adoption engagement, POC and tool development.

How much runway does your project require to ship the final product?

Fusion shipped it’s MainNet on June 30th. More features and functionality will be enabled over the coming months . We will focus on DCRM, Decentralized Oracle (Multi Trigger Mechanism), and High Throughput in Technology. Adoption and Community develpment are also our major focus.

What currency/coin/token do you plan to hold your funds in?

ETH/FSN/BTC/$USD

What’s your coin storage/conversion policy? Do you only convert to fiat when you spend?

We convert to fiat when we require spend or prepare for upcoming expenditure.

How do you plan to publish your spending each month?

We do not have plan to publish spending for each month. We do an audit for each period.

Are you compliant in all jurisdictions that you service and operate in?

Yes.

Where are your funds stored? Please provide the addresses for public community tracking.

Fund are stored in Fusion Foundation wallets provided above.

If you have plans to conduct an IDO, please provide a detailed plan including IDO format, methodology, timeline, fundraising goal and amount of tokens, and sale price.

No plan to conduct IDO.

Development

What are the technological innovations of the project, if there are any?

INTEROPERABILITY SOLUTION

Fusion's cutting-edge DCRM (Distributed Control Rights Management System) technology achieves unprecedented interconnectivity between block chains and traditional systems. Any digital asset can be integrated with Fusion's ecosystem and achieve unrestricted compatibility.

MONETIZE TIME-VALUE OF DIGITAL ASSETS

Fusion makes it simple to recreate time-based financial transactions on the block chain with its revolutionary Time-Lock feature.

QUANTUM SWAP SANDBOX

Seamlessly swap any digital asset with any exchange pair and maintain complete control over all of the swap parameters. The swap is efficiently executed within a single transaction with zero additional fees, the only associated cost is the gas price for sending the transaction.

Where are your code repositories located?

https://github.com/FUSIONFoundation Do you have any products or UI demos can you share publicly? Are any built by your community, as opposed to being in-house demos?

MAIN NET

Wallet: https://www.myfusionwallet.com/

Block Explorer: https://blocks.fusionnetwork.io

Net status: http://node.fusionnetwork.io/

DCRM Test net:

Wallet: https://wallet.dcrm.network

Block Explorer: https://explorer.dcrm.network/

There are numerous staking pools built by community members.

Do you plan to release weekly progress updates in this forum?

Yes.

Do you plan to host monthly or bi-monthly video AMAs?

Yes.

Competitors

Who do you view as your current competitors/peers?

Other projects that propose interoperability solutions and aim to tackle Decentralized Finance - Cosmos, Polkadot and WAN for example.

What is your project’s competitive advantage over existing or potential future solutions?

Firstly, high degree of completion, MainNet is live and high functioning. We have completed cross-chain support for more than 10 digital assets, including BTC, ETH, EOS, and so on. And through simple format adaptation, any blockchain that uses ECDSA signature schemes can easily be supported. Secondly, better compatibility. There is no need for modification or additional development to achieve compatibility with an additional blockchain.