Freicoin
FRC

0.004176
$
0.97 %
Change 24h
Genesis
December 20, 2012
Market Cap
$ 469,403
Volume 24h
$ 50.36
Circulating Supply
112,407,000
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.