Freicoin
FRC

0.02388
$
0.00 %
Change 24h
Genesis
December 21, 2012
Market Cap
$ 2,724,270
Volume 24h
$ 1671.5
Circulating Supply
114,086,000
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.