# F1CS information

### What is F1CS token?

The below section will outline how F1CS​ utilises TRC-20 and TRC-721 tokens.  

F1CS holder will take some advatages below:

* **Non-Fungible Tokens**

In F1CS, a Collectible - a non-fungible token \[NFT] - is a piece of digital content that is unique. As an NFT, a Collectible can be fully owned by a player, with that player having the ultimate permission to use, trade, or sell the Collectible.

* **Fungible Tokens** 

A fungible token \[FT] is non-unique and mutually intTRChangeable. ​ Formula 1 Grand Prix will utilise F1CS as  the  in-game  fungible  token.  F1CS  -  like  the  Collectibles  -  can  be  fully  owned  by  a  player, but rather than acting as a piece of content within the game, F1CS acts as the game’s  primary currency. 

This  currency  is  used  in  a  number  of ways: to purchase certain types of Collectibles,  as a  player  reward  for  completing  certain  actions  or  achievements,  as  a  fee  to  compete  in  the  Racing Game, and to use as rewards for races.  

Both the fungible and non-fungible tokens have a finite supply.  

F1CS  is  built  on  the  TRC-20  standard.  The total minting volume and distribution manner for  F1CS will be shared at a later date.  

### Token specification

**Name:** Formula 1 Grand Prix

**Symbol:** F1CS

**Network:** Tron Smart Chain 

**Spec:** TRC-20 

**Smart contract:** [TSHMgZEfpBAfbgLHDbmzfhDwEDQzLqHiK9](https://tronscan.org/#/token20/TSHMgZEfpBAfbgLHDbmzfhDwEDQzLqHiK9)

**Total supply:** 1,000,000,000,000,000.000000F1CS

### Token allocation

● **Burn:** 400,000,000,000,000

● **Mining:**100,000,000,000,000

● **Team:** 100,000,000,000,000

●**Airdrop:** 10,000,000,000,000

● **Reward:** 100,000,000,000,000

● **Defi:**290,000,000,000,000

![](/files/JA66OIheQL0JYaOG1u10)

## Creating a project

Hit the big '+' button in your sidebar and select 'New Project' from the menu that pops up. Give your project a name, and you're good to go!


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