What Is Frenchie Network (FREN)?
Frenchie Network was initiated as a meme coin, a cryptocurrency that originates from a meme or contains a humorous character. According to the whitepaper, the platform is deployed on Binance Smart Chain. It aims to bring revolution by creating the Frenchie Network ecosystem as a high-performance, scalable, and secure smart contract platform.
Frenchie Network claims to compete against the DOGE blockchain directly. The network is designed to overcome the issues of previous generation blockchain platforms with high inflation and lack of adaptability. Frenchie Network claims to be the more brilliant, faster, and low inflation platform which can also sustain a real-world economy.
The Frenchie Network also has a secondary goal to create a friendly community and environment to bring real change in the world. The platform seeks to create a fund called “#FrenchieSavesTheWorld” in the near future to support all the community members who need help and help other communities that were previously scammed in their investments.
The currency didn’t start with a presale as they believe that the rich get rich and the poor get poor in our society. They plan to do airdrops, giveaways, and contests. This will allow the platform’s liquidity to redistribute the token fairly to even those who can’t afford it. The Frenchie foundation is created with the new burn mechanism to achieve the goals.
The native token of the Frenchie Network platform is FREN. FREN is a token that is intended to compete with other blockchain technology for usability in payment systems to seek to provide low-cost and rapid transactions worldwide, as well as affordable access to smart contracts and IoT. The platform uses Tron and Binance Smart Chain, which will help it replace the proof-of-work cryptography and proceed toward the proof-of-stake system. Hence, this is aimed to be more environmentally friendly due to zero carbon emissions and silicon usage.
History of Frenchie Network (FREN)
Razvan Spiry (CEO of the platform) established the Frenchie network with three other developers.