What is FashionTV Token (FTVT) Crypto Coin? Real Use, Risks, and Current Status
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If you’ve heard of FashionTV Token (FTVT), you might think it’s the next big thing in fashion and crypto - a digital key to runway access, designer discounts, and model gigs. But here’s the truth: FashionTV Token isn’t a revolution. It’s a ghost. And if you’re thinking about buying it, you need to know why.
What FTVT Claims to Be
FashionTV, the global fashion TV network, launched FTVT in March 2023. They said it would shake up modeling. No more agents. No more middlemen. Models could use FTVT to prove their worth, enter competitions, connect with sponsors, and buy luxury items directly through a marketplace. They promised an electronic business card, a FashionTV email, and a QR code - all tied to the token. Sounds slick, right? But here’s the catch: none of that exists. The FashionTV website doesn’t mention FTVT. Their social media hasn’t updated in over a year. Their “blockchain platform”? No GitHub repo. No live app. No smart contract activity beyond simple token transfers. The whole thing looks like a branding stunt with zero execution.The Numbers Don’t Lie
Let’s look at the data - because when the story sounds too good, the numbers tell the real tale. As of November 2024, FTVT trades at around $0.0001199. That’s down 99.93% from its all-time high of $0.1774 in August 2024. That’s not a correction. That’s a collapse. Total supply? 2 billion tokens. Circulating supply? Conflicting reports. CoinMarketCap says 180,000. ProBit says 20 million. Either way, it’s tiny. And here’s the kicker: market cap on CoinMarketCap is $21.59. That’s less than the cost of a decent pair of sneakers. Meanwhile, P2P.Army lists it at $108 million. Why the gap? Because one is real data. The other is fake. Trading volume? On ProBit - the only exchange where FTVT trades - it’s around $15 a day. That’s less than what you’d spend on coffee. For a token with a “global brand” behind it, that’s absurd. Real projects with real utility trade millions daily. FTVT? It barely moves.Who’s Holding It?
There are only about 2,018 wallet addresses holding FTVT. That’s fewer than the number of people who attended a single fashion show in Paris. Compare that to Token Fashion (FASH), which has over 15,000 holders. Or MetaFactory (MFT), with 50,000+. FTVT doesn’t just lag - it’s invisible. Even the user reviews on CoinMarketCap are damning. A 1.2 out of 5 rating from 17 people. Comments like “No actual utility” and “Market data doesn’t match reality” are everywhere. The few 5-star reviews? Posted in one day. Same wording. Suspicious. And here’s the most telling part: someone reached out to FashionTV corporate directly. They confirmed: “We have no involvement with this cryptocurrency project.” That post on Bitcointalk got 217 upvotes. The community already knows.
Where You Can Buy It (And Why You Shouldn’t)
FTVT is only listed on ProBit Exchange. No Coinbase. No Binance. No Kraken. Just one obscure platform with a 2.8/5 Trustpilot rating. To buy it, you need to:- Create a ProBit account
- Pass KYC (takes days)
- Deposit USDT or another crypto
- Trade it on the FTVT/USDT pair
Why This Is a Red Flag
This isn’t just a failed project. It’s a textbook example of a “celebrity-endorsed token without functional ecosystem” - the exact type the SEC warned about in November 2024. They’re targeting these now. And if regulators come knocking, exchanges will delist FTVT overnight. Industry analysts like Michael van de Poppe say tokens with this level of data inconsistency are either manipulated or dead. Blockchain architect David Schwartz put it bluntly: “No actual utility platform has been deployed.” Delphi Digital calls it “high-risk speculative asset with negligible utility.” Messari’s report says tokens under $100,000 market cap with no development have a 99.7% failure rate within 18 months. FTVT is already there.
What About the Fashion Connection?
FashionTV is a real brand. It’s been broadcasting fashion shows since the 90s. But that doesn’t mean they’re behind this token. Brands get cloned all the time in crypto. Someone grabs the name, makes a website, and runs a pump. No fashion designer has ever used FTVT. No model has been paid in it. No luxury brand accepts it. No event has ever required it for entry. The whole “direct access to models” promise? Pure fiction. If you want to support fashion through crypto, look at projects like FASH or MFT. They have active communities, real use cases, and actual development. FTVT? It’s just a name on a chart.The Bottom Line
FashionTV Token isn’t a cryptocurrency. It’s a graveyard of promises. It has no utility, no liquidity, no support, no team activity, and no brand backing. The only thing it has is a misleading name and a few desperate traders hoping for a pump. If you already own it? You’re holding a digital paperweight. Selling now might hurt, but holding it won’t fix anything. If you’re thinking of buying? Don’t. There’s no upside. Only risk. And that risk? It’s not just losing money. It’s getting caught in a regulatory sweep that wipes out everything. This isn’t the future of fashion. It’s a warning sign.Is FashionTV Token (FTVT) a real cryptocurrency?
Technically, yes - it’s a token on the Avalanche network. But it has no real utility, no active development, and no official backing from FashionTV. It’s a speculative asset with no functional ecosystem, making it more of a digital ghost than a legitimate crypto project.
Can I use FTVT to buy fashion items or access events?
No. Despite claims in its 2023 launch announcement, there is no marketplace, no VIP access system, and no way to redeem FTVT for luxury goods or event tickets. FashionTV’s official website and social channels make no mention of the token, and no verified partnerships exist.
Where can I buy FTVT?
FTVT is only available on ProBit Exchange, trading against USDT. It’s not listed on any major platforms like Binance, Coinbase, or Kraken. Buying it requires creating a ProBit account, completing KYC, and dealing with extremely low liquidity.
Why is FTVT’s price so low?
FTVT’s price dropped over 99% from its peak because there’s zero demand. With only $15 in daily trading volume and fewer than 2,000 holders, there’s no market to support its value. The token’s price is driven by speculation, not utility or adoption.
Is FTVT a scam?
It’s not officially labeled a scam, but it exhibits all the warning signs: false branding, no real product, zero transparency, and misleading marketing. FashionTV itself has denied any involvement. Experts and users agree it’s a high-risk, low-utility asset with a strong chance of being delisted or shut down.
Should I invest in FTVT?
No. FTVT has no long-term potential. There’s no development, no community, no utility, and growing regulatory risk. Even if the price spikes briefly, there’s no exit strategy - you won’t find buyers. It’s not an investment. It’s a gamble with almost zero chance of payoff.
What happened to the FashionTV blockchain platform?
It never launched. The promised platform - with features like modeling competitions, electronic business cards, and a luxury marketplace - has no code, no website, and no updates since 2023. GitHub searches show no repositories. Smart contract analytics show only basic transfers, no interactions with any real application.
Is FTVT listed on any major exchanges?
No. FTVT is only traded on ProBit Exchange. It’s not listed on Coinbase, Binance, Kraken, KuCoin, or any other major platform. This lack of listing on reputable exchanges is a major red flag for any crypto project claiming real-world relevance.