FENGHUANG (FENG) is the first phoenix coin on Ethereum, launched by the Singapore Chinese Foundation in collaboration with Hamas Free Organization. It aims for peace and prosperity in the Year of the Dragon, with plans to build a dragon-phoenix ecosystem. It features low taxes, deflationary mechanisms, fund issuance, and strong marketing support. The project is inspired by the mythical phoenix symbolizing rebirth and good fortune. It also has a unique referral commission tracking platform.
