Let's go to continue this blog with other project. First of all, for who missed previous entry, what's a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics
For this reason, the project I am going to present you is Freedom Coin, a blockchain-based hybrid project in which decentralized technology is supported by centralized products.
As I said before, Freedom Coin (TFC) (https://www.freedom-coin.io/) is a hybrid project in which decentralized technology is supported by centralized products. In this way, the centralized products are governed by the Masternode Holders that are part of the decentralized network.
With the idea of generating TFCs on continuous bases, this project allows any individual to own a part of a master node or a complete node. Being the owner of a shared or complete master node entitles the owner to receive monthly BTC payments for network support and a vote on the future of the products and the development of the project. In addition, ICO participants who buy Shared or Complete Nodes will immediately start generating more TFCs producing an instant return on investment!
The main objective of the Freedom Coin team is to convert TFC into the chosen HODL currency to provide the cryptographic community with a suitable currency to transact, govern by the main TFC titles and join a TFC rewards system.
To make it possible, the team creates a property of a product in the form of TFC Masternode, a provision of product owners, Masternode Holders continuously, a provision of Value Added Products Services (Value Added Products Services, VAPS) diversifies the exposure of Masternode holders to opportunities and sources of income. In addition, it can also be accessed through the TFC platform that allows a real-time view of Masternode and security titles through the Blockchain Governance Protocol that allows Masternode holders to vote on the proposals.
The most important advantages that Freedom Coin has in difference from Hedge funds are described in the following table:
Freedom Coin Hedge Fund Pay Monthly Returns Pay Biannual or Annual Returns 0% Incentive fee 20% Incentive fee 60% Managed by Traders and Ai Trading Bots 40% Managed by the Community through a decentralized voting system 100% Managed by Hedge Fund Manager You can use as a payment method It can not be used as payment method You can invest in anything by the voting system You can invest in any decision made by the hedge fund manager TFC will never borrow money Hedge funds often use borrowed money to amplify their returns 0% Asset Management Commission 2% Asset Management Fee Coins, shared nodes and nodes Teachers can be sold at any time Hedge funds typically require investors to lock up money for a period of years 24 hours of total transparency Wait for reports to be published every two years or every year Master nodes generate additional rewards in currencies, thus generating a higher ROI Does not generate more shares in the Hedge Fund
Date Events April 2018 Genesis block May 2018 Pre-sale of the master node in 1BTC June 2018 Launch of the TFC portal The first proposals will be implemented First payment of the support fee of the master node network July 2018 Start-up of the cryptographic bridge Trader agreements Second payment of the support fee of the master node network Monthly update of the master node holders August 2018 Payment of the support fee of the network of the third master node Monthly update of the master node holders September 2018 Payment of the support fee for the network of the fourth master node October 2018 Fifth report of the cryptographic fund November 2018 Apple and Android mobile wallets
The project gives the opportunity to earn Freedom Coin (TFC) performing some social media tasks and doing simple steps from the bounty program explained into this Bitcointalk Platform. Here (https://bitcointalk.org/index.php?topic=4459198) you can access the link in order to see what are the conditions to become an early TFC contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (http://www.freedom-coin.io/White-Paper.pdf). You can also stay tuned in their official Telegram group (http://t.me/thefreedomcoin). I hope you liked the post and soon I'll send you new ones.
Email: [email protected]
BountyHive username: atlethic
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71