{"id":38774,"date":"2025-07-10T19:56:46","date_gmt":"2025-07-10T19:56:46","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=38774"},"modified":"2025-07-10T19:56:46","modified_gmt":"2025-07-10T19:56:46","slug":"cosplay-token-cot-delisting-on-bybit-looms-soon","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/cosplay-token-cot-delisting-on-bybit-looms-soon\/","title":{"rendered":"Cosplay Token $COT Delisting on Bybit Looms Soon"},"content":{"rendered":"\n
\n

Introduction to FanArt Coin ($FAC)\u00a0<\/span><\/strong><\/p>\n

FanArt\u2014an innovative platform for creators\u2014has transformed into a blockchain-oriented<\/a> technology<\/strong> community geared towards enhancing art appreciation through its native FanArt Coin (FAC)<\/strong>. With a vibrant community of over 500,000 artists from more than 150 countries, FanArt addresses key issues in the artistic space\u2014like copyright challenges, direct artist payments, and streamlined monetization processes\u2014by leveraging on-chain records, facilitating token-based contributions, and nurturing a decentralized art economy governed via DAO frameworks.<\/p>\n

What Is FanArt Coin (FAC)?<\/span><\/p>\n

FanArt Coin (FAC)<\/strong> is a digital currency designed for the FanArt<\/strong> app, aimed at artists and enthusiasts who celebrate creativity from various mediums, including video games, paintings, and films. These creators are known as artists<\/strong>.<\/p>\n

Initiated in 2020<\/strong>, FAC operates on both the Binance Smart Chain<\/strong> and Ethereum<\/strong> networks.<\/p>\n

<\/span>What Can You Do With FAC?<\/span><\/h3>\n

Support Artists<\/strong>: Fans can directly support artists, even if they don’t have traditional payment methods.<\/p>\n

Create NFTs<\/strong>: Artists can convert their artwork into NFT Collections<\/strong>, unique digital assets.<\/p>\n

Earn Rewards<\/strong>: Users participating in art competitions or sharing their creations can earn FAC tokens.<\/p>\n

Spend in Real Life<\/strong>: FAC can be utilized at art fairs or within select online marketplaces.<\/p>\n

Why FAC Might Be a Smart Investment<\/span><\/p>\n

Tailored for Creators<\/strong>
It\u2019s specially designed for a targeted audience\u2014artists and their admirers.<\/p>\n

Diverse Utility<\/strong>
FAC can be employed for purchases, event participation, tipping, or content creation.<\/p>\n

Participate in Governance<\/strong>
FAC will play a role in a DAO (a decentralized governance structure), allowing holders to influence future direction.<\/p>\n

Dual Blockchain Functionality<\/strong>
Utilizing Binance Smart Chain and Ethereum leads to quicker and lower-cost transactions.<\/p>\n

Limited Supply<\/strong>
With only 500 million FAC coins<\/strong> in existence, scarcity could enhance their potential value.<\/p>\n

Important Update: FAC Listed Changes on Binance<\/span><\/p>\n

Binance<\/strong> is a major cryptocurrency exchange. As of December 1, 2025<\/strong>, users will no longer be able to easily swap FAC for other tokens via Binance\u2019s Convert<\/strong> feature.<\/p>\n

<\/span>Implications of This Change<\/span><\/h3>\n

Convert Functionality Ceases<\/strong>: Users will be unable to quickly exchange FAC for other tokens.<\/p>\n

Deposits No Longer Accepted<\/strong>: After December 1, depositing FAC into Binance will be prohibited.<\/p>\n

Withdraw Promptly!<\/strong>: Users should withdraw their FAC before the deadline.<\/p>\n

Automatic Exchange to BNB<\/strong>: If not withdrawn, Binance may convert it to another token (BNB), if feasible.<\/p>\n

Benefits of This Development for FAC<\/span><\/p>\n

    \n
  1. \n

    Enhanced Focus on Alternative Platforms<\/strong>
    FAC trading may transition to platforms where the artist community is more active.<\/p>\n<\/li>\n

  2. \n

    Reduction in Rapid Trading<\/strong>
    Flipping won’t dominate; genuine fans may utilize it more judiciously.<\/p>\n<\/li>\n

  3. \n

    Encouragement for Innovation<\/strong>
    The FanArt team might intensify efforts to integrate FAC into creative apps and other platforms.<\/p>\n<\/li>\n

  4. \n

    Risk Management by Binance<\/strong>
    They are providing adequate notice and support so users avoid incurring losses.<\/p>\n<\/li>\n<\/ol><\/div>\n

    <\/p>\n

    FanArt Coin $FAC will be delisted on the Binance Exchange with the pair TAP\/BNB on December 1st, 2025 at 09:00 AM UTC<\/span><\/span><\/p>\n

    <\/p>\n","protected":false},"excerpt":{"rendered":"

    Introduction to FanArt Coin ($FAC)\u00a0 FanArt\u2014an innovative platform for creators\u2014has transformed into a blockchain-oriented technology community geared towards enhancing art appreciation through its native FanArt Coin (FAC). With a vibrant community of over 500,000 artists from more than 150 countries, FanArt addresses key issues in the artistic space\u2014like copyright challenges, direct artist payments, and streamlined […]<\/p>\n","protected":false},"author":17,"featured_media":38775,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Cosplay Token $COT Delisting on Bybit Looms Soon - Bitrabo","description":"Introduction to FanArt Coin ($FAC)\u00a0 FanArt\u2014an innovative platform for creators\u2014has transformed into a blockchain-oriented technology community geared towards en"},"footnotes":""},"categories":[315,324],"tags":[14365,5421,12979,11766,366,14417,13330,4953,11767,14364,487,11772],"class_list":["post-38774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-listing","category-exchanges","tag-0800am","tag-16th","tag-2025at","tag-bybitexchange","tag-bimber-cosplay","tag-cotwill","tag-delistedon","tag-july","tag-pair","tag-tapusdt","tag-token","tag-utc"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/38774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=38774"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/38774\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/38775"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=38774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=38774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=38774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}