Freicoin
FRC

0.01108
$
0.16 %
Change 24h
Genesis
December 20, 2012
Market Cap
$ 1,256,720
Volume 24h
$ 0.1060
Circulating Supply
113,372,000
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.