Freicoin FRC
FRC
0.002118
£
0.41 %
Change 24h
Genesis
December 21, 2012
Market Cap
£ 232,863
Volume 24h
£ 28.28
Circulating Supply
109,926,000
Total Supply
100,000,000
FRC
£
Description
Freicoin is a demurrage currencies that aligns the incentives of bankers and financiers. It loses approximately 5% of its value each year where the destroyed money is permanently taken out of circulation. An equal amount of freshly minted Freicoin will be created to help maintain supply.