Faith Tribe

FTRB Price

About Faith Tribe (FTRB)

Faith Tribe is a collaborative open-source fashion design platform that empowers independent creators through a digital business-in-a-box ecosystem.

• The project provides a tech platform for fashion creators to learn, create, and market their talent using Web3 technologies.
• It is backed by Faith Connexion, a globally recognized luxury streetwear brand with over two decades of industry experience.
• The ecosystem integrates physical and digital solutions, enabling the creation and distribution of "phygital" design assets.

What Is Faith Tribe

Faith Tribe is a decentralized fashion ecosystem designed to democratize access to the fashion industry for independent creators, artists, and designers. It functions as a digital infrastructure that allows participants to collaborate on designs, fund their projects, and track assets across both digital and physical realms.

Value moves through the system as creators contribute to the collaborative design process, earning rewards for their contributions within an incentive-aligned structure. The FTRB token is put to work as an application utility token, granting access to the platform's end-to-end design tools, supporting staking mechanisms, and facilitating the purchase of clothing. As the ecosystem grows, this model is designed to scale by connecting a global community of developers, brands, and buyers through a unified marketplace.

What Makes Faith Tribe Unique

• Phygital Marketplace: Faith Tribe bridges the gap between physical garments and digital assets through "digital twinning," which creates a virtual counterpart for physical items using NFTs.
• Brand Heritage: Unlike many independent crypto projects, Faith Tribe is owned by Faith Connexion, leveraging an existing 21-year-old luxury brand's manufacturing and distribution networks.
• Open-Source Collaboration: The platform pioneers a collaborative fashion concept where participants can remix and discover designs in a decentralized manner.
• Sustainable Manufacturing: It incorporates on-demand manufacturing solutions to reduce waste by sourcing factories that produce items only as they are ordered.

What Can You Use Faith Tribe for?

• Design and Creation: Creators use the platform's design studio to develop digital samples, avatar wearables, and hyper-realistic 3D product images.
• Intellectual Property Protection: The platform allows for the registration of designs to provide proof of authorship and protect a designer's intellectual property.
• Global Distribution: Designers can connect with a wide range of buyers through the Faith Tribe Marketplace for both digital and physical products.
• Staking and Access: Token holders can stake FTRB to participate in the ecosystem and gain access to specialized tools and services.

How Does Faith Tribe Work?

Faith Tribe operates as a technical suite built on top of existing blockchain networks like Ethereum and Polygon. The process begins with the "brief" and digital creation phase, where designers use 3D assets and tools to build their collections. These assets are then registered on-chain to ensure traceability and authentication.

Through partnerships with infrastructure providers like Threedium and DressX, the platform enables the creation of digital wardrobes and metaverse-ready clothing. Transactional activities and access to these premium services require the use of FTRB as an application utility token. Users pay protocol service fees to utilize the platform's manufacturing and distribution resources, which include sourcing factories for on-demand production and drop-shipping to consumers.

Team Info and Investors

Faith Tribe is led by the creative leadership of Faith Connexion, utilizing their extensive history of collaboration with music and art influencers. The project is heavily backed by private equity, though specific institutional names are not detailed in the available primary source material. The project also maintains a global ambassador program, featuring designers and multimedia artists like Sofija Stijović and Sarah Lopez, who act as liaisons between the platform and its creative community.

Where can you buy Faith Tribe?

FTRB tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Faith Tribe is Gate, where the most active trading pair FTRB/USDT has a trading volume of $255.55 in the last 24 hours.

What is the daily trading volume of Faith Tribe (FTRB)?

The trading volume of Faith Tribe (FTRB) is $255.55 in the last 24 hours, representing a -89.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Faith Tribe (FTRB)?

Faith Tribe (FTRB) reached an all-time high of $0.07116 and an all-time low of $0.001736. It’s now trading -93.70% below that peak and 157.40% above its lowest price.

What is the market cap of Faith Tribe (FTRB)?

Market capitalization of Faith Tribe (FTRB) is $14,760,623 and is ranked #759 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FTRB tokens (3.3 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Faith Tribe (FTRB)?

The fully diluted valuation (FDV) of Faith Tribe (FTRB) is $22,341,735. This is a statistical representation of the maximum market cap, assuming the maximum number of 5 Billion FTRB tokens are in circulation today. Depending on how the emission schedule of FTRB tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Faith Tribe compare against its peers?

With a price decline of -3.50% in the last 7 days, Faith Tribe (FTRB) is underperforming the global cryptocurrency market which is down -2.60%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add Faith Tribe (FTRB) to MetaMask?

Adding Faith Tribe (FTRB) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import FTRB as a token. You can copy FTRB’s contract address (0x2596825a84888e8f24b747df29e11b5dd03c81d7) and import it manually, or if you've installed MetaMask's chrome extension, add FTRB to MetaMask with one click on CoinGecko.

Add FTRB to MetaMask.