Freicoin
Symbol: frc
Last update: March 28, 2024, 4:04 pm CET
Current Price (USD): 0,00140 $
Price (BTC): 0,00000004 BTC

Freicoin is a peer-to-peer digital currency that promotes freedom from usury. The project is presented on its website, accessible at http://freico.in/. Freicoin utilizes a proof-of-work blockchain accounting concept, similar to the one used by Satoshi Nakamoto in the creation of Bitcoin.

However, unlike Bitcoin, Freicoin introduces a demurrage fee, which is a type of storage fee that ensures the circulation of currency and is automatically paid by holders of the currency. This demurrage fee was proposed by Silvio Gesell to eliminate the privileged position that money holds compared to capital goods, which he believed to be the fundamental cause of the boom/bust business cycle and the entrenchment of financial elites. The concept of demurrage has been tested several times with positive outcomes.

Freicoin is available for download on various operating systems, including a 64-bit version for Windows (both in .exe and .zip formats) and macOS.

Additional information about Freicoin, if available, would include details such as the specific rate of the demurrage fee, overall adoption rates, community support, and any notable partnerships or developments that have occurred within the Freicoin ecosystem.

Where buy Freicoin?

  • Freiexchange
Fully Diluted Valuation ⓘ: 82 698 $

Market Data

Rank: 3587
24h Volume: 0 $
Market Cap: 159 441 $
Total Supply: 100 000 000
Circ. Supply: 0
Last update: 2024-03-28 16:04:48
Price Change (1h):
N/A %
Price Change (24h):
N/A %
Price Change (7d):
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Social Media and Sources

ATH Price: 0.338475 $ (2013-11-30 00:00:00)
% from ATH: -99.76 %
ATL Price: 0.00019494 $ (2019-03-09 00:00:00)
% from ATL: 323.82 %
ICO Price: N/A (2023-12-04 17:31:31)
Hashing Algorithm: N/A
Type of Proof: N/A

Technical analysis according to the website Tradingview.com

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