Blockchain Foundation for Innovation & Collaboration

Blockchain Foundation for Innovation & Collaboration PriceBFIC

₹16.053947

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Blockchain Foundation for Innovation & Collaboration Price Today

Current BFIC/INR real-time price is ₹16.053947, with a 24-hour change rate of +0.00% and a 7-day change rate of +0.00%. BFIC currently ranks #1716 globally by market cap, with a total market cap of ₹16.982546Cr, a fully diluted valuation (FDV) of ₹33.713289Cr, and a 24-hour trading volume of ₹0. In terms of supply, BFIC has a maximum supply of 2.1Cr, a current circulating supply of 1.06Cr, with 50.37% already in circulation and 49.63% remaining to be unlocked.

About Blockchain Foundation for Innovation & Collaboration

What is Blockchain Foundation for Innovation & Collaboration (BFIC)?

Blockchain Foundation for Innovation & Collaboration (BFIC) is the native cryptocurrency of the BFIC blockchain, a proof-of-authority (PoA) network designed to support a broad, multi-industry ecosystem. The project describes itself as an EVM-compatible Layer 2 solution with more than 30 innovative ecosystem utilities spanning entertainment, sports, gaming, e-commerce, and travel & tourism. BFIC aims to connect blockchain technology with practical, real-world applications through decentralized modules and enterprise collaboration.

The network uses third-generation blockchain technology that combines features inspired by Bitcoin, Ethereum, and Tron to pursue faster and more scalable transactions. The foundation has also developed and patented a proof-of-contribution (PoC) consensus protocol intended to address scalability, reward assessment, and computational challenges associated with proof-of-stake and proof-of-work systems. BFIC has a maximum supply of 21,000,000 tokens, with approximately 10,578,424 BFIC in circulating supply. The project launched in 2021 and continues to develop its ecosystem and infrastructure.

Key Specifications & Tokenomics

  • Name: Blockchain Foundation for Innovation & Collaboration
  • Ticker / Symbol: BFIC
  • Also referred to as: BFIC Coin, BFICOIN, BFICoin
  • Consensus Mechanism: IBFT (Istanbul BFT, EVM)
  • Consensus Family: BFT / Tendermint-class
  • Network Type: Proof-of-authority (PoA) blockchain
  • Patented Protocol: Proof-of-contribution (PoC)
  • Smart Contracts: Solidity-compatible, EVM equivalent
  • Category: Layer 2, EVM-compatible infrastructure
  • Max Supply: 21,000,000 BFIC
  • Total Supply: 21,000,000 BFIC
  • Circulating Supply: 10,578,424 BFIC
  • Circulating Supply Percentage: 50.37%
  • Launch Year: 2021
  • Official Website: http://bficoin.io/
  • Whitepaper: https://bficoin.io/BFIC%20Whitepaper.pdf
  • Blockchain Explorer: bficscan.io
  • GitHub Repository: https://github.com/innovationfactorydev/bfic

Who created Blockchain Foundation for Innovation & Collaboration (BFIC)?

The Blockchain Foundation for Innovation & Collaboration operates as a technology hub focused on exploring innovative ideas, solving real-world problems, and building smart platforms based on blockchain technology. The foundation collaborates with enterprises, technology firms, and innovators to design decentralized applications across various industries. Detailed public information about individual team members or founders is currently limited. The project maintains an active presence on X (formerly Twitter) under @BFIC_io, on Telegram as the BFIC Official Group, and on GitHub under the innovationfactorydev organization, where the BFIC repository is forked from 0xPolygon/polygon-edge.

How does Blockchain Foundation for Innovation & Collaboration (BFIC) work?

BFIC operates as a proof-of-authority blockchain network, meaning that transactions are validated by approved nodes rather than through open mining competition. The network uses the IBFT (Istanbul BFT) consensus mechanism, which belongs to the BFT / Tendermint-class family and is compatible with the Ethereum Virtual Machine (EVM). This design allows developers to deploy Solidity smart contracts without requiring permissions, fees, or token deposits, and it includes Web3 support.

The BFIC blockchain is described as a cross-chain protocol that bridges Ethereum-compatible blockchains with other blockchain networks. It combines features of layer 1 and sovereign blockchains, focusing on Ethereum protocol compatibility, scalability through dedicated blockchains and custom execution environments, security with constant protocol upgrades, and interoperability for arbitrary communication such as contract calls and token bridging. The foundation has also patented a proof-of-contribution (PoC) consensus protocol, which is planned for future deployment to further address scalability and reward assessment. Node operators can deploy a BFIC node by cloning the repository, generating secrets through a secret manager, and starting the server with the appropriate chain and network configuration.

What makes Blockchain Foundation for Innovation & Collaboration (BFIC) unique and valuable?

BFIC distinguishes itself through its focus on real-world utility and multi-industry application. Rather than limiting itself to a single sector, the project has developed decentralized platforms across travel, gaming, fantasy sports, NFT storage, and e-commerce. The foundation's patented proof-of-contribution (PoC) consensus protocol represents an attempt to solve known limitations of existing consensus models, particularly around scalability and reward assessment. The project also emphasizes EVM compatibility, which lowers the barrier for developers to build on the network using familiar Ethereum tools and standards.

Another differentiating factor is the project's hybrid technology approach, referenced as Proof of Distribution (PoD), which is described as a future-proof solution capable of addressing scalability and decentralization challenges. With a maximum supply of 21,000,000 BFIC, the token has a fixed cap similar in scale to Bitcoin's supply model. The project's stated mission of connecting technology with real opportunities and turning ideas into action reflects its ambition to bridge blockchain innovation with practical economic value.

What is Blockchain Foundation for Innovation & Collaboration (BFIC) used for?

BFIC serves as the native token of the BFIC blockchain and is used across the ecosystem's various decentralized applications. The foundation has developed several platforms that utilize the token, including Time2Travel, a decentralized travel and tourism platform for booking flights, accommodations, and rental commutes; Super11, a fantasy gaming platform; GameOK, a decentralized gaming platform; Love Wallet, a decentralized app for transferring and storing NFT and crypto assets; and BStore, a crypto commerce platform for shopping. The token is also used within the broader BFIC ecosystem, which the project describes as offering more than 30 innovative utilities. Additionally, BFIC can be traded on supported markets and is used to interact with the network's EVM-compatible smart contract environment.

How Is the Blockchain Foundation for Innovation & Collaboration (BFIC) ecosystem developing?

The BFIC ecosystem has been actively expanding since the project launched in 2021. In March 2025, the foundation announced that the BFIC Blockchain was live after a major update, describing it as updated, upgraded, and future-ready with enhanced speed, security, and efficiency. In June 2025, BFIC Coin trading, deposit, and withdrawal went live on LBank following a token contract upgrade and migration. The project also maintains an active community on X, where it has over 170,900 followers, and on Telegram through its official group.

The ecosystem includes multiple decentralized applications already developed, such as Time2Travel, Super11, GameOK, Love Wallet, and BStore. The foundation continues to collaborate with enterprises, tech firms, and innovators to design decentralized apps for various industries. The GitHub repository shows ongoing development activity with over 1,161 commits, and the project's focus on EVM compatibility and interoperability positions it to integrate with a wide range of blockchain networks and tools.

How to mine Blockchain Foundation for Innovation & Collaboration (BFIC)?

BFIC is not mined through traditional proof-of-work methods. Instead, the network operates on a proof-of-authority (PoA) consensus model, where transactions are validated by authorized nodes. Running a BFIC node requires technical setup, including cloning the repository, building the binary, generating secrets through a secret manager such as Hashicorp or AWS, and starting the node with the appropriate chain and network configuration. The GitHub README provides detailed instructions for node deployment, including commands for building the binary, generating secrets, and launching the server with gRPC, libp2p, and JSON-RPC addresses. The foundation has also developed a patented proof-of-contribution (PoC) consensus protocol, which is planned for future deployment and may introduce new mechanisms for participation and rewards.

How to keep your BFIC Coin safe?

Keeping your BFIC Coin safe requires following standard cryptocurrency security practices. Use a reputable wallet that supports BFIC and, for larger holdings, consider a hardware wallet that stores private keys offline. Always back up your wallet seed phrase and store it in a secure, offline location away from prying eyes. Enable two-factor authentication on any exchange accounts where you hold BFIC, and be cautious of phishing attempts, fake websites, and unsolicited messages claiming to be from the BFIC team. Verify official links before interacting with any platform, and never share your private keys or seed phrase with anyone. Since BFIC is an EVM-compatible token, it can be stored in wallets that support Ethereum-based assets, but always confirm compatibility before transferring funds. Regularly update your wallet software and keep your devices free from malware to reduce the risk of unauthorized access.

How to Buy and Use Blockchain Foundation for Innovation & Collaboration

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsBlockchain Foundation for Innovation & Collaboration is instantly credited to your BTCC account, ready for trading at any time.

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Blockchain Foundation for Innovation & Collaboration FAQs

What is the live price, market cap, and 24h volume of Blockchain Foundation for Innovation & Collaboration (BFIC)?

As of right now, the live price of Blockchain Foundation for Innovation & Collaboration (BFIC) is ₹16.053947. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BFIC to USD rate at the top of BTCC’s price page. In terms of market scope, Blockchain Foundation for Innovation & Collaboration records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹16.982546Cr. Its current circulating supply stands at 1.06Cr out of a maximum supply cap of 2.1Cr.

Why does the price of Blockchain Foundation for Innovation & Collaboration (BFIC) fluctuate, and what drives its volatility?

The price volatility of Blockchain Foundation for Innovation & Collaboration (BFIC) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.06Cr) to max supply (2.1Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Blockchain Foundation for Innovation & Collaboration (BFIC)?

Looking at its historical price performance, Blockchain Foundation for Innovation & Collaboration (BFIC) hit an all-time high (ATH) of ₹4,288.665811 on 2022-05-15 16:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹12.513595 on 2026-07-12 12:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Blockchain Foundation for Innovation & Collaboration (BFIC) price chart for futures trading?

When trading BFIC futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Blockchain Foundation for Innovation & Collaboration (BFIC) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s BFICUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Blockchain Foundation for Innovation & Collaboration, simply log into your BTCC account with USDT margin available, navigate to the BFICUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Blockchain Foundation for Innovation & Collaboration (BFIC) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for BFICUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Blockchain Foundation for Innovation & Collaboration (BFIC) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹16.053947), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for BFICUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Blockchain Foundation for Innovation & Collaboration (BFIC) on BTCC?

Trading Blockchain Foundation for Innovation & Collaboration (BFIC) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BFICUSDT, and review its live price (₹16.053947) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

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