FreeMark

FreeMark

Created using Figma
Created using Figma
The secure FreeMark is a medium of exchange engineered to preserve the purchasing power of your wealth.
Risk: Very High
Jun, 2018
Jun, 2018
100% completed
Raised funds - no Data
past
Company Details
Registered Country
United Kingdom
Additional Details
Categories
Platform

About FreeMark

Worldfree’s FreeMark is a new cryptocurrency to be introduced in 2018 that will eventually have 100% backing, automatically pegged by the Atomic Central Bank ® to a basket of 20 commodities. It can be immediately converted into most other currencies or used to purchase goods and services on the Worldfree Network. Holding it should deliver an increase in ownership on an average balance, correlated to the positive growth of the money supply. Thus it works contrary to normal fiat currencies, where increases in money supply reduce value; with the FreeMark they receive more of them at the same value. Existing cryptocurrencies are often unstable over short periods, massively inflationary or deflationary. Worldfree also introduces Nodechain technology, which is different than a blockchain because it does not store transactions system-wide. It operates in a massively parallel architecture, and data file sizes per node are anticipated at less than 1Mb, with a 50X redundancy factor, irrespective of the network’s size. Transactions on the Nodechain network can be processed predominantly on the participating parties’ systems, with an effectively randomly-selected node updating the coin ownership, accessed through a function of a hash pointer. The patent-pending Nodechain still fulfils the design requirements to eliminate double spending, with greater security and better privacy, overcomes the limitations of the consensus paradigm, and processes transactions in seconds for each participant, irrespective of network size. It is distributed with redundancy, using extent-based parallel access.



FreeMark Roadmap

  • Q1 2017

  • Worldfree restarted with advanced natural language reasoning having already been used commercially by many G200 clients.
  • Q2 2017

  • Tech due diligience on Blockchain begins;
    Worldfree Team re-assembled.
  • Q3 2017

  • Nodechain invented, patents applied for;
    FreeMark and Atomic Central Bank concepts invented, patents applied for;
    WhitePaper preparation begins.
  • Q4 2017

  • WhitePaper complete;
    Website live;
    System prototype under preparation.
  • Read More
  • Q1 2018

  • Business White Paper Completed;
    Demonstration of Commodities Backing and Growth Rate Royality Payments Functional;
    Pre-sale begins.
  • Q2 2018

  • FreeMark Pre-sale Completed;
    Distributed Trading System functional and used for Precursor FreeMark sales in the ICO;
    ICO;
    Nodechain demonstration & Baking system functional.
  • Q3 2018

  • Worldfree Network open trading;
    Atomic Central Bank fully functional;
    Mining system coding complete;
    Natural language reasoning distributed searching network functional.
  • Q4 2018

  • Distributed natural language reasoning used for knowledge-based general problem solving;
    Nodechain Bonds introduced;
    Direct Public Offering Planned.
  • Q1 2019

  • Worldfree Network;
    Community investments begin;
    Rational Voice Dialogue.
  • Q2 2019

  • Global Immediate Exchange;
    Rational reporting.

Activity

Activity:
1 260
VERY HIGH
Posts:
4
VERY LOW
Views:
100
VERY LOW
Posts:
4
VERY LOW
Followers:
20
VERY LOW
Likes:
20
VERY LOW
Followers:
16
VERY LOW
Tweets:
15
VERY LOW
30 Days Growth:
6
Members:
67
VERY LOW
30 Days Growth:
-37
Alexa

Rank:
6 247 698
VERY LOW
Delta:
1 698 309

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Last News

2.41
negative
5.0 19
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