What is Fruits Token (FRTS)?
Quick Facts
- Token name: Fruits Token (FRTS)
- Blockchain origin: Ethereum ERC-20, later migrated to native PoC chain
- Consensus algorithm: Proof-of-Capacity (PoC)
- Project base: Hong Kong, developed by T-SKY
- Focus: Eco-friendly blockchain, charity, and sports collaboration
- Key mechanism: Multi-layered smart contracts linking spending to charitable giving
- Aligned with: UN 17 Sustainable Development Goals (SDGs)
Introduction
Fruits Token (FRTS) is the native digital asset of the Fruits Eco-Blockchain Project, an initiative designed to combine blockchain technology with real-world charitable impact. The project was conceived with a clear mission: build an eco-friendly, sustainable economic cycle that makes it easy for everyday users to contribute to global charity efforts.
The project distinguishes itself by collaborating with athletes and sports organisations to amplify its charitable outreach, aiming to turn ordinary transactions into acts of giving.
History & Background
Fruits was originally launched as an ERC-20 token on the Ethereum network, developed by T-SKY, a Hong Kong-based enterprise software development company. The project started in Hong Kong with ambitions to expand globally.
A significant milestone came when the team executed a large-scale hard fork, transitioning from the ERC-20 FRTS Token to a native FRTS Coin running on the project's own Proof-of-Capacity blockchain. The swap was carried out at a 1:1 ratio, ensuring existing holders were not disadvantaged during the migration.
How Fruits Token Works
At the heart of the Fruits ecosystem is the Proof-of-Capacity (PoC) consensus algorithm. Unlike Proof-of-Work mining, PoC uses available hard drive storage rather than intensive computing power, resulting in dramatically lower energy consumption, high security, and fast transaction speeds.
The platform uses multi-layered smart contracts that automatically link user spending and donations to charitable outcomes. When users transact with FRTS, the system can generate Smile Coins, which are then convertible into Fruits Seed Tokens for use within the ecosystem.
Tokenomics
FRTS serves as the primary utility and payment token within the Fruits ecosystem. It is the preferred method for making donations and accessing platform services. The initial token distribution allocated the majority of tokens to a treasury reserve, with portions set aside for the team and private sale participants.
Airdrop campaigns have been used to distribute tokens and reward community engagement, with recipients receiving Seed Tokens subject to a lock-up period before they can be converted into FRTS.
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Circulating supply
| 40.00 billion FRTS |
|---|---|
| |
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Total supply
| 40.00 billion FRTS |
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Max supply
| -- FRTS |
Ecosystem & Use Cases
The Fruits platform provides an ecosystem of services designed for the non-profit and charity space:
- Donations gateway: Accept donations in any local currency
- Fruits Wallet: A multi-cryptocurrency wallet for storing and sending FRTS
- Blockchain explorer: Track donations for full transparency
- Fundraising tools: Connect donors, charities, and campaigns
The ecosystem is purpose-built to create a virtuous cycle where everyday consumption can generate meaningful support for others, directly aligned with the UN's 17 SDGs.
Team, Governance & Community
Fruits was conceived and developed by T-SKY, with project assets and operations overseen by GRDA. The team cooperates with various charity organisations and companies globally. The community is active across Twitter, Telegram, Reddit, Discord, Facebook, and Instagram, reflecting a broad, international reach.
Advantages
- Eco-friendly PoC algorithm dramatically reduces energy use compared to traditional mining
- Zero transaction fees for transfers between Fruits Wallets
- Direct charitable impact built into every transaction via smart contracts
- Transparent donation tracking through a dedicated blockchain explorer
- Broad community spanning multiple social platforms worldwide
Risks & Challenges
- Migration complexity: The ERC-20 to native chain swap required user action and introduced friction
- Adoption uncertainty: Achieving mass adoption in the charity sector is highly competitive
- Market liquidity: As a smaller-cap token, FRTS may experience limited liquidity on exchanges
- Regulatory risk: Crypto-based charitable platforms may face evolving regulatory scrutiny globally
Long-Term Vision
The Fruits Eco-Blockchain Project envisions a world where blockchain technology seamlessly bridges commerce and charity. By integrating PoC-based energy efficiency, sports partnerships, and smart contract-driven donations, FRTS aims to become the go-to digital asset for socially conscious spending. The project's alignment with the UN SDGs signals a commitment to long-term, measurable global impact beyond the crypto space.
Frequently Asked Questions
- What is Fruits Token (FRTS)?
Fruits Token (FRTS) is the native digital asset of the Fruits Eco-Blockchain Project, an eco-friendly initiative that connects blockchain technology with global charitable giving. It was originally launched as an ERC-20 token on Ethereum before migrating to its own Proof-of-Capacity blockchain.
- What is Proof-of-Capacity (PoC) and why does Fruits use it?
Proof-of-Capacity is a consensus algorithm that uses available hard drive storage space instead of intensive computing power to validate transactions. Fruits uses it to achieve very low energy consumption, high security, and fast transaction speeds, making the project genuinely eco-friendly.
- What happened to the original ERC-20 FRTS token?
The project executed a hard fork and migrated from the ERC-20 FRTS token to a native FRTS Coin on its own PoC blockchain. The swap was conducted at a 1:1 ratio, meaning holders received one native FRTS Coin for every ERC-20 token they held.
- How does Fruits connect spending to charity?
Fruits uses multi-layered smart contracts that automatically link user transactions and donations to charitable outcomes. When users transact with FRTS, the system can generate Smile Coins, which are convertible into Fruits Seed Tokens for further use in the ecosystem.
- Who developed the Fruits Eco-Blockchain Project?
The project was conceived and developed by T-SKY, a Hong Kong-based enterprise software development company. Project assets and operations are overseen by GRDA, and the team collaborates with various charity organisations globally.
- What can I do with FRTS within the ecosystem?
FRTS is the primary token for making donations, accessing platform services, and transacting within the Fruits Wallet. The ecosystem also offers fundraising tools, a donation explorer, and a payment gateway for charitable contributions in any local currency.
- How does Fruits align with the UN Sustainable Development Goals?
The Fruits ecosystem is designed to support all 17 UN Sustainable Development Goals (SDGs) by creating a virtuous cycle where everyday transactions generate charitable impact. The project aims to make sustainable giving a natural part of consumer behaviour.
- Where can I store and manage my FRTS?
The official Fruits Wallet is a dedicated multi-cryptocurrency wallet that supports FRTS and allows users to send, receive, and donate tokens. Users who held the original ERC-20 token can import their wallet address to migrate to the native FRTS Coin.