Freicoin FRC
FRC
0.009618
€
0.71 %
Change 24h
Genesis
December 21, 2012
Market Cap
€ 1,098,387
Volume 24h
€ 96.18
Circulating Supply
114,195,686
Total Supply
100,000,000
FRC
€
| # | Price | Volume 24h |
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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.