Blockchain Foundation for Innovation & Collaboration ranks #218 of 504 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1694: 1476 of the 1693 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1928 non-native assets CoinSpectrum lists above it by market cap, about 76% are tokens, 19% are claims on other assets and 5% are memecoins.
| CoinSpectrum Grade | pending — launch under review |
|---|---|
| Rank among cryptocurrencies | #218 |
| Rank counting claims | #1694 |
| Market capitalisation | $2M |
| Price | $0.1667 |
| Circulating supply | 10,578,424 BFIC |
| Maximum supply | 21,000,000 BFIC |
| Consensus family | Proof of Authority |
| Consensus mechanism | IBFT (PoA, EVM, company-run) |
| Network purpose | Smart-contract platform |
| Ledger type | Multi-asset ledger |
Market figures from the 28 October 2026 build. Open the live view for every exchange's price, and charts.
Grade pending. Blockchain Foundation for Innovation & Collaboration's launch — how much went to insiders, whether it was sold to investors — is still being researched. A grade is not given until it is, so that a coin is never rated higher for what is not yet known.
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms (Source) | 7.3 | group average |
| Consensus: leader ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| Consensus: family ladder | 7.3 | Proof of authority: 7.3 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Cryptocurrency Standards (Source) | 2.9 | group average, 5 of 13 measured |
| Sound Money Qualities (6 checks) | — | 1 of 3 points, 3 not yet measured |
| Scarcity: a fixed cap that holds, and a supply near 21 million | 10 | fixed maximum supply of 21 million: supply scale 10, cap 10 |
| Durability: five years or more with no halt, freeze or reversal | ✗ | 4 full years since its first recorded price, record not yet reviewed |
| Fungibility: every unit interchangeable, none the protocol can freeze or set apart | ✗ | an authority can freeze funds |
| Divisibility: the smallest unit worth a cent or less | – | |
| Portability: fees of a cent or less and capacity for real demand | – | |
| Verifiability: open-source nodes and checking without a trusted server | – | |
| Privacy (5 checks) | 0 | 0 of 5 passed, 2 not yet measured source |
| Whitepaper privacy: keys are not tied to an identity | – | bfic.io redirects to a parked page and no explorer, RPC or chain registry entry was found, so the chain cannot be examined. |
| UTXO ledger: a new key for each payment, no account linking every coin | – | |
| Network-level privacy: the node hides where a transaction came from (Dandelion++, Tor or I2P, on by default) | ✗ | Devp2p relays transactions directly from the sending node; no Dandelion-style relay or built-in Tor. |
| Hidden amounts (confidential transactions, RingCT, shielded pools, Mimblewimble) | ✗ | Account-based EVM chain with public balances and transfer amounts. |
| Hidden sender and receiver (ring signatures or zero-knowledge proofs, one-time or stealth addresses) | ✗ | Sender and receiver addresses are public; no ring signatures, ZK sender proofs or stealth addresses in the protocol. |
| Scalability (fees, throughput, block time, block space, features) | — | too few measures yet source |
| Fees ($0.001 or less 10, $1 or more 0) | – | not yet measured |
| Throughput (2,478 a second, the busiest network's peak day, 10; 119, the median of the ten busiest, 5) | – | not yet measured |
| Block time (10 minutes 10, less either side) | 2.5 | a block every 5 seconds |
| Block space per 10 minutes (32 MB or more 10) | – | not yet measured |
| Features (3 checks) | – | not yet researched |
| Payments safe to accept within seconds | – | |
| Pruned nodes: a full node can validate and drop old history | – | No public node software. |
| Light clients verify payments from headers or proofs, without a trusted server | – | No public node software; the listed RPCs did not answer. |
| Security (miner pay and 7 checks) | — | 0 of 3 points, 6 not yet measured |
| Miners paid a day ($1,000 0, $10 million or more 10), 2 points | 0 | not mined |
| Its own hashrate: at least half its algorithm's largest, not merge-mined | ✗ | not mined |
| Largest pool or validator under 50% | – | |
| Largest three under 75% | – | |
| More than one maintained client | – | |
| Node software is open source | – | |
| Real on-chain use: 1,000+ transactions a day | – | |
| No 51% attack or deep reorganisation in five years | – | |
| Programmability (tokens, contracts, 5 checks) | — | 0 of 0 points, 9 not yet researched |
| Token issuance | – | Described as a company-run IBFT EVM chain, but no working website, explorer or RPC could be found to confirm the chain is live or whether contract deployment is open. |
| Smart contracts | – | bfic.io now redirects to a parked lander page and no explorer or RPC was found, so the chain's liveness and configuration cannot be established. |
| Multisig and time locks | – | Not established for the same reason. |
| Atomic swaps with other chains | – | Not established for the same reason. |
| An exchange built into the protocol | – | Not established for the same reason. |
| Cross-chain messaging the chain verifies itself | – | Not established for the same reason. |
| Non-fungible tokens | – | Not established for the same reason. |
| Decentralisation | 3.6 | section average, 4 of 8 measured |
| Censorship resistant (Source) | 0 | An authority can halt the chain or freeze funds |
| No central team (Source) | — | Not yet researched |
| Who can mint (Source) | 4.3 | Proof of authority: 4.3 of 10 on the ladder of who produces blocks |
| Nodes (Source) | — | Not yet counted |
| Holder concentration (Source) | — | Not yet measured |
| Premine (allocated at launch) | 0 | 100% of today's supply allocated at launch to founders, a company, a foundation or investors. BFIC runs on the project's own proof-of-authority chain (aggregators also describe it as proof-of-stake), with a planned 'proof-of-contribution' chain not yet launched. No open mining or open validator issuance was found, so all supply is issuer-controlled. source |
| Fundraising | — | Launch not yet researched |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. No cut found and no open issuance: BFIC runs on a project-run proof-of-authority chain with an issuer-controlled supply; no block-reward split to a treasury is documented. source |
| Supply & Demand | 5.2 | group average |
| Supply & Demand (Source) | 0.3 | average of 2 measures |
| Exchanges (10 or more: 10) | 0 | no exchange the site reads trades it |
| Daily volume ($10K 0, $1B or more 10) | – | no volume reported |
| Turnover (volume ÷ market cap, 5% a day: 10) | – | not measured |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | – | no order book on the nine exchanges read |
| Market cap ($1M 0, $10B or more 10) | 0.6 | $1.8M, 0.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | – | not measured |
| Supply (smaller is better) | 10 | fixed maximum supply of 21 million |
| Record | 4 | group average, 1 of 3 measured |
| Record (origin, claims, halts) | — | Not yet reviewed |
| Age (years since genesis) (Source) | 4 | 4 full years since 2022-03-14, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, improvements, unfixed issues) | — | Not yet measured: no commit count and no release research |
Twenty criteria, weighted equally. The Cryptocurrency Standards have six sections: sound money qualities (six checks: scarcity, durability, fungibility, divisibility, portability, verifiability), privacy (five checks), scalability (four measures and three features), security (miner pay and seven checks), programmability (token issuance, smart contracts and five checks) and decentralisation (censorship resistance, no central team, who can mint, nodes, holders, premine, fundraising and developer share). Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
10,578,424 of a maximum 21,000,000 BFIC are in circulation — 50.4% of the total that will ever exist.
| Premine (allocated at launch) | 100% of today's supply |
|---|---|
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
BFIC runs on the project's own proof-of-authority chain (aggregators also describe it as proof-of-stake), with a planned 'proof-of-contribution' chain not yet launched. No open mining or open validator issuance was found, so all supply is issuer-controlled.
Not established; no public documentation of a sale, presale or investors was found.
No cut found and no open issuance: BFIC runs on a project-run proof-of-authority chain with an issuer-controlled supply; no block-reward split to a treasury is documented.
Thinly documented. Circulating supply reports conflict (1.9M vs 10.58M). The 100 follows the method's rule for chains without open minting and is not based on a published allocation table.
Sources: bfic.network · coingecko.com · coinmarketcap.com · coingecko.com · cryptoslate.com. Researched 2026-10-24, low confidence.
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
Blockchain Foundation for Innovation & Collaboration is #218 among cryptocurrencies and #1694 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1476 places between Blockchain Foundation for Innovation & Collaboration's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).