By: Geeq  on Sep 14, 2022

Fungible token mints build on proxy mint accounts for NFTs. When the mint account is created, certain aspects of the tokenomics must be specified by protocol.

These specifications are recorded in the blockchain and are readily verifiable. Geeq’s transparent, no-smart contract approach provides transparency and predictability for the fungible tokens in the ecosystem.

Geeq’s multi-chain architecture scales, so an unlimited number of mints and transactions can take place within Geeq’s own ecosystem. The same logic used to validate requests to send and receive coins is used to send and receive fungible tokens and NFT assets.