FreiCoin (FRC) is a decentralized, distributed, peer-to-peer cryptocurrency, hoping to solve the dissatisfaction of workers, and re-align the economic interests of the rich with the stability and harmony of the overall economy. Welfare. The transport currency is fully decentralized and self-regulating, which can ensure its circulation and payers to automatically pay those contributing community members.
FRC has made some innovations in design thinking. In order to strengthen currency circulation, the concept of hoarding tax has been introduced. In other words, if you hold the currency for one year, you will be deducted a 4.89% hoarding tax in the next transaction, and this fee will be obtained by the miners. Another point is that FRC has a promotion fund, and 80% of the mining income in the first three years will automatically enter the fund. The fund is used to expand the commercial application of FRC. If you have any good proposals, you can post them on the forum. After approval, the foundation will inject funds into the proposal.