This is a virtual currency exclusively for TFBOYS fans.
Fans can participate in the purchase of various TFBOYS products through this currency. For example, surrounding, VIP fan activities, performance tickets, etc.
According to official website of TFBC, TFBC will have nearly 100 million yuan worth of meal tickets through the exchange of virtual currency Ethereum.
At the same time, the TFBC system automatically allocates 60% to the TFBOYS team, which is about 60 million RMB.
Ever since, star fans have participated in the blockchain, and TFBOYS fans have launched reports such as "TFBC", which are like mushrooms after rain.
Before this TFBC fermented, TFBOYS’ brokerage company quickly refuted the rumor.
He also said that the company and artists have never authorized any organization or individual to issue TFBC.
And it is suspected that it is an illegal act of a specific person stealing the name of the portfolio to make illegal profits.
The official response was not swift.
Because this so-called meal ticket is actually an ICO project using blockchain technology.
ICO is the abbreviation of Initial Coin Offering, which comes from the concept of initial public offering (IPO) in the stock market.
ICO refers to the first issue of tokens in blockchain projects.
However, this kind of thing, ICO, has been banned by the state. If TFBOYS really launched this kind of thing, wouldn’t it be hitting the gun?
So this so-called TFBC is actually some kind of scam.
Although the official has clarified that it has nothing to do with this, as of 10 pm yesterday, TFBC platform data showed that there were still more than 1,500 participants.
Although TFBC has been characterized as a scam, there are still many similar scams in reality.
For example, a blockchain project called ARTS.
It claims to be: determined to become a popular digital asset token in the field of pan-culture and art, and strive to be the bitcoin of the future art industry.
But at the end of January, a company called Art Library issued a solemn statement accusing the ARTS project of using its name to raise funds.
In other words, ARTS is fraudulent in publicity.
As a result, investors have asked for a refund, but the latter said that "the purchased digital assets will not be returned".
In this way, a series of fraud shady scenes were dug up, and finally the actual controller of the project was arrested by the police.
ARTS is characterized as "financial fraud", and the amount involved in this project is roughly estimated to be about 260 million RMB.
In addition to these relatively high IQ "financial fraud", many MLM organizations are also eyeing the blockchain.
These MLM organizations use the concept of blockchain to package it into valuable tokens and then lure deceived people to buy it.
In fact, these so-called tokens do not use blockchain technology at all, that is, they use the ignorance of deceived people, and many people are fooled by it.
According to relevant sources, there are currently more than 3,000 such pyramid schemes, involving hundreds of millions of dollars.
In reality, scams like ARTS often appear, and they take advantage of people’s psychology of "getting rich overnight".
These scams not only disrupt the "currency circle", but also label the blockchain as an emerging technology of fraud.
This is tantamount to a healthy baby being sentenced to death before birth.
But in fact, blockchain technology is still very valuable.
For example, Ant Financial has used blockchain technology to realize the blockchain traceability of 26 brands of milk powder in Australia and New Zealand.
Users can query milk powder production, customs quality inspection and China warehouse storage by scanning the code.
With the independent and undeniable characteristics of blockchain technology, this information can never be falsified.
Now ICO has been banned by the state.
So here, Lao Si solemnly reminds everyone not to trust any ICO projects in China.
In September last year, seven ministries and commissions, including the central bank, jointly issued a document, and these tokens are not protected by any law in China.
Moreover, due to the asymmetry of information, it is easy to get involved in fraud.
So everyone must be cautious about the blockchain!