Freicoin FRC
FRC
0.01153
$
5.18 %
Change 24h
Genesis
December 21, 2012
Market Cap
$ 1,307,800
Volume 24h
$ 1606.1
Circulating Supply
113,397,000
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.