FARCANA Price

FARCANA (FAR) is a cryptocurrency powering the Farcana gaming ecosystem. It's a multiplayer arena hero shooter with Web3 elements, featuring diverse characters and weapons in 4v4 team battles. FARCANA supports the game's esports tournaments and Bitcoin-backed prizes. As of 2026-01-05, FAR is trading at $0.001227 with a market cap of $885.95K and a 24-hour trading volume of $20.88K. The token has a circulating supply of 721.75M FAR out of a total supply of 5B FAR. FARCANA reached its all-time high of $0.21 on March 1, 2024, and its all-time low of $0.00015 on 2026-01-05. The token is built on the Polygon blockchain and can be used for in-game transactions, tournament entries, and governance within the Farcana ecosystem.

FARCANA was created on February 27, 2023. It was launched as a cryptocurrency operating on the Polygon platform. The project aims to power a multiplayer arena hero shooter game with a Web3 economy, featuring dynamic 4v4 team battles and Bitcoin-backed prizes. Since its creation, FARCANA has been listed on multiple exchanges and has seen significant price fluctuations, with its all-time high reaching $0.21 on March 1, 2024. As of 2026-01-05, FARCANA has a circulating supply of 721.75M FAR tokens out of a total supply of 5B FAR.

The founders of FARCANA are Ilman Shazhaev and Dmitry Pavlov. They established the project in 2022 with the vision of creating a Web3-powered multiplayer arena hero shooter game. Ilman Shazhaev serves as the CEO, bringing extensive experience in blockchain and gaming. Dmitry Pavlov is the CTO, overseeing the technical development of the FAR ecosystem. Together, they have led the team in developing the game's unique blend of competitive gameplay and blockchain-based economics, including the integration of Bitcoin-backed prizes for tournaments. Their leadership has been instrumental in positioning FARCANA as an innovative project at the intersection of esports and Web3 technology.

FARCANA operates on the Polygon blockchain as a utility token for the Farcana gaming ecosystem. Here's how it works: 1. In-game currency: Players use FAR tokens for various in-game transactions, purchases, and rewards within the Farcana multiplayer arena shooter. 2. Tournament rewards: FAR is used to distribute prizes for esports tournaments and competitions held within the game. 3. Web3 integration: The token facilitates the connection between traditional gaming mechanics and Web3 economic principles. 4. Governance: FAR holders may have voting rights on certain aspects of the game's development and ecosystem. 5. Staking: Players can potentially stake their FAR tokens to earn additional rewards or benefits. 6. NFT marketplace: FAR could be used for buying, selling, and trading in-game assets as NFTs. 7. Play-to-earn: The game's economy is designed to allow players to earn FAR through skilled gameplay and participation. With a current price of $0.001227 and a market cap of $885.95K, FARCANA aims to power the growing intersection of competitive gaming and blockchain technology.

FARCANA is built on the Polygon blockchain, utilizing its scalable and efficient infrastructure. The technical architecture of FAR includes: 1. Smart Contracts: Deployed on the Polygon network, these govern the token's functionality and interactions. 2. ERC-20 Compatibility: FAR follows the ERC-20 token standard, ensuring wide compatibility with wallets and exchanges. 3. Polygon Integration: Leverages Polygon's layer-2 scaling solution for faster and cheaper transactions compared to Ethereum mainnet. 4. Web3 Economy: Incorporates Web3 economic principles, particularly for tournament-based rewards in the Farcana gaming ecosystem. 5. Cross-Chain Functionality: While primarily on Polygon, FAR also has an Ethereum contract, potentially allowing for cross-chain interoperability. 6. Token Supply Management: Implements a maximum supply of 5B FAR tokens, with 721.75M FAR currently in circulation. 7. Gaming Integration: Designed to seamlessly integrate with the Farcana game, supporting in-game transactions and rewards. This architecture enables FARCANA to function efficiently within its gaming ecosystem while benefiting from Polygon's scalability and Ethereum's security.

The future and roadmap of FARCANA (FAR) look promising. The project aims to further develop its Web3-powered multiplayer arena hero shooter game, focusing on enhancing gameplay mechanics and expanding the tournament system. Key milestones include: 2026: Improving character balance and introducing new weapons and arenas. 2027: Launching major esports tournaments with Bitcoin-backed prizes, attracting more players and investors. 2028: Expanding the Web3 economy integration, introducing new tokenomics features and NFT functionalities. 2031: Establishing FARCANA as a leading blockchain gaming platform, with a robust ecosystem of players, developers, and partners. The team is committed to continuous innovation in combining video game mechanics with Web3 technologies. They plan to enhance the tournament-based reward system, potentially increasing the value and utility of FAR tokens. Price predictions suggest potential growth: 2027: $0.001448 2031: $0.002562 With its unique blend of competitive gaming and blockchain technology, FARCANA aims to capture a significant market share in the growing blockchain gaming sector.