Freicoin
FRC

0.005098
$
0.53 %
Change 24h
Genesis
December 21, 2012
Market Cap
$ 574,443
Volume 24h
$ 0.007736
Circulating Supply
112,688,000
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.