From the on-chain data of FERC-20, we can see the activity curve of new concepts in the current market

Original author: @DodoResearch, compiled by Odaily Planet Daily Xiaofei

**Last week, @jackygu;2020 launched the fair concept FERC;20; on Ethereum, trying to bring BRC-20's Fair Launch back to Ethereum, which aroused discussion and attention from the community. **

**FERC;20 can be seamlessly integrated in "DeFi;", with functions such as lock-up period and crowdfunding attributes, preventing front-end transactions and robots. This article will evaluate; FERC; 20; performance data since its launch. It can be seen that in the current sluggish market situation, after the emergence of new hot spots, the activity will be greatly reduced after the short-term hype of speculative funds and the departure of profit-making addresses. Long-term development requires more practical application construction. **

FERC;20 Overview:

FERC;20 allows tokens to be deployed by any address using a four-letter identifier. Any address can mint FERC;20 tokens. Since May 31, a total of 14,;939 addresses have participated in minting, making 139,;551 transactions (an average of 9.3 per address).

FERC;20 Daily Volatility Data:

On June 1, a peak was observed. A total of 13,;519 addresses participated, initiated 106,;310 minting transactions, and minted 116 FERC;20 tokens. However, activity showed a clear downward trend.

;About FERC:

The first token deployed on Fair ERC;20, $FERC, has grown 10x since June 1st from $0.1 to $1.15.

The liquidity on Uni is close to $900,000, and the transaction is relatively active, exceeding $10 million on June 1 and June 5.

About FERC's minting:

Of the top 15 addresses holding the most minted tokens, 13 addresses have fully sold their tokens, while the remaining two have sold 95% and 50% of their tokens respectively.

Profit address:

The top 10 profitable addresses each earned more than $500,000, with the top address earning a profit of $5.52 million.

FERC;20 Transaction Statistics:

On June 1st, FERC;20's total transaction volume reached $33.64 million, of which $FERC contributed nearly half. But from June 2-5, $FERC dominated, accounting for nearly 80%; while other tokens were relatively weak.

FERC's transaction addresses accounted for about 70% of all FERC;20 addresses, which dropped to about 50%; only on June 4th.

FERC's transactions accounted for about 60% of all FERC;20 transactions; but fell below 40% on June 4.

** Overall active limited:**

Trading activity for the FERC;20 token peaked the day after launch and then dropped off significantly. Participating addresses and deployments of FERC;20 tokens are limited, and FERC's speculative transactions account for most of the funds.