What Is a Free Coin (FREE)?
Free Coin (FREE) is a cryptocurrency that allows users to utilize digital currency in real life at stores, transfers, e-commerce platforms, shops, and vending machines. The project believes that other crypto assets have a limited supply of up to millions.
According to the whitepaper, the demand for cryptocurrency is set to increase in future as billions of people look to put money cryptocurrencies. However, present cryptocurrencies are not ideal for mass adoption because their available supply is indicated in millions rather than billions.
The FREE project plans to aid in mass adoption of cryptocurrencies by launching an asset that:
The coin’s team aims to make cryptocurrency inclusive for everyone and create global wealth by distributing the cryptocurrency that increases value for users.
The project employs Ethereum blockchain technology to support mass adoption , as Ethereum supports multiple crypto wallets and exchanges,. The fast and reliable technology ensures storage and exchange of value and guaranteed mining. The coin also circulates on Binance smart chain (BSC) and Tron blockchain. Tron is a blockchain network that hosts entertainments applications. Further, global wealth ensures worldwide acceptance of cryptocurrency replacing the real-world economy. The project encourages users to become early adopters of the project and get a chance to earn benefits.
FREE is the native token of the Free coin project and is developed on the ERC-20 token standards. Moreover, the project plans to burn 10 percent of coins of the total circulating supply. Coin burning means removing coins from the circulating supply, reducing the total supply forever.
History of Free Coin (FREE)
The project came into existence in April 2018. The Free coin team includes Rumana Rumo, (Lead Advisor), Alexander Apuntar (Online Marketing), and Artyom Zhuravlev (CTO). The whitepaper of the platform was published on November 24, 2021.
The Free Coin project has a total supply of 10.000 Billion FREE coins.