FONE Blockchain Wallet Creation

FoneBlockchain
2 min readDec 22, 2022

Hello Everyone,

We are excited to announce the most significant update to the Fone Network app today!

Version 3.2.0 is now live on Google Play: https://play.google.com/store/apps/details?id=com.cloud.earning.

Today marks the beginning of the release of the custom mobile Fone Blockchain!

As the 10B Fone entered into circulation and the system successfully distributed the next batch, it is time to implement the first and most important aspect of any blockchain — The Wallet Creation!

With this update, users can create their first and unique Fone Blockchain Wallet and bind it to their existing accounts. Make sure to save your private keys because you will not be able to see them again once the wallet gets created.

Introducing Fonera!

Fonera is a digital planet, giving Fone Network users the ability to gain early access to the upcoming custom mobile Fone Blockchain!
Access is granted to users with at least one Fonera NFT in their Fone Blockchain wallet.

Fonera NFTs represent the population of Fonera. A maximum of 1,000,000 NFTs will get minted. Users can own more than one Fonera NFT, which increases the user’s rank. Therefore that user will have higher priority when the Network chooses validators, increasing the rewards. Upon release of the custom mobile Fone Blockchain, the Genesis block will set each Fone Blockchain Address that holds at least one Fonera NFT as a validator. Fonera NFTs will get distributed in 10 batches of 100,000 NFTs with increasing minting costs. Each NFT will have a unique serial number, representing the batch and its rarity.

We have also made adjustments to the Greenspace page. Gold NFTs don’t have a price limit and are present on the main page. Bronze and Silver NFTs can now be upgraded to Gold, too.

NFTs have two new abilities. Users can “Bump” their NFTs to show on the top of the Newest NFTs section and “Burn” them to delete them from Greenspace and receive a Fone reward.

Some other adjustments to make the experience better are:
NFTs can only be featured once in 3 days.
Users already existing in the Price History of an NFT will not be added more than once upon purchasing the exact NFT multiple times.
The ability to create a free NFT is removed to increase the quality of submitted NFTs.
We have adjusted our NFT Minting guidelines, so please check them carefully before submitting new NFTs. These adjustments are also in place to make the Greenspace Market a better place.

Thank you for being part of our wonderful community, and we look forward to releasing the Fone Blockchain’s components in 2023!

We are excited about all the value we will continue to bring to the Fone Network!

We wish you all a wonderful Holiday Season filled with health, happiness and joy!

Stay tuned for more exciting updates soon!

The Fone Team

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FoneBlockchain

Fone is a decentralized cryptocurrency, that operates on mobile devices via app ONLY. For more information, please visit our website: https://fone.dev/