What is Farad Cryptoken?
Farad Cryptoken is a crypto-currency within the Blockchain (Ethereum) ecosystem. Each Farad Cryptoken (“FRD”) represents the rights to the forward purchase contract of Ultra-Capacitor Cells produced by Guangxi Aerospace Beidou New Technology Co. Ltd. (China). The ‘mining’ of FRD is based on and 100% backed by the production of ultra-capacitor products and applications.
The ultra-capacitors will potentially be used in combination with traditional batteries such as Lithium Ion batteries within the Energy Storage Industry such as AMR, Beacon, Smart Card, Token, Smart phones, Power banks, RFID, IoT devices, WiFi Dongle, POS devises, SSD, PLP, Power tools, Drones, Automotive Boosters, UPS, Robotic Apparatus and Energy Harvest among others.
Who can participate? Is it open worldwide including the US citizens?
It is open to everyone except citizens of the US and Singapore.
What are the main points of ICO?
- ICO Swap Volume: 1,280,000,000 FRD
- Total Issue Volume: 1,600,000,000 FRD
- Distribution of FRD: For every 100 FRD swapped in this offering, 25 additional FRD will be issued and retained for sponsor, team members, partners and advisor.
- FRD Offer Index (Pre-ICO token swap): 0005921 ETH / 0.0000559 BTC
- FRD Offer Index (ICO Swap): 0006579 ETH / 0.0000621 BTC
What is the timeline of the Farad?
What are the advantages of FRD?
- It is fully accountable through the blockchain
- Its is fully auditable and
- It is transparent
Farad Cryptoken is the first of it’s kind among the cryptocurrencies that exist in the market. The main difference of Farad Cryptoken is that, it is backed by real economic activity which is the production of Ultra-capacitors within actual factory settings.
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