The Freedom Coin

The Freedom Coin

Created using Figma
Created using Figma

Last Update

Jun 19, 2018

The Freedom Coin is a hybrid project. The decentralized technology is backed by centralized products. These products are governed by the Masternode holders that form part of the decentralized network. The products aim to grow in BTC value on a month-to-month basis thus ensuring that the value of the TFC coin gains in value. Instead of just receiving rewards for owning a Masternode like other Masternode cryptocurrencies, TFC Masternode owners are also paid an additional network support fee in BTC for supporting the network. This incentivizes Masternode holders to keep their Masternodes. This is calculated from the pool of TFC production.
Jun 1, 2018
Jun 30, 2018
100% completed
Raised funds - no Data
past
Active
May 10, 2018
May 31, 2018
100% completed
$390 000
cap
goal
15% goal completed
Goal 2 500 000 USD
Cap 10 000 000 USD
past
  • 1 TFC
    =
    0.00045 USD
Token Details
Ticker
TFC
Accepted Currencies
BTC
Company Details
Registered Country
Mauritius
Additional Details
MVP/Prototype
Yes
Platform
Own
KYC
Yes
Categories
Cryptocurrency, Charity

About The Freedom Coin

ABSTRACT

The white paper highlights the current challenges of new start-ups in the cryptocurrency domain. The high failure rate of start-ups requires a solution with proof of sustainability beyond the underpinning technology of a coin and the funding stage of launching the coin. The Freedom Coin addresses the need for sustainable long term returns to the crypto community through a decentralized TFC Product, providing returns to the TFC crypto community over the long term. The structure of the solution provides a governed approach through a unique voting system protecting the interests of the TFC crypto community and the sustainability of The Freedom Coin. The solution aims to provide increased piece of mind to the cryptocurrency community within the volatile environment.

 

BACKGROUND / PROBLEM STATEMENT

New cryptocurrencies pose a high threat as the fundamental basis of competing with other coins is the underlying technology. With this high risk the lessons learned are that investments within blockchain technology and cryptocurrency require more than just the technology to back up the token. McFarlane (2018) mentions that the existence of the following elements has a positive contribution to the success of a new coin:

– An existing prototype or better still an alpha

– A team whose members have proven experience in business execution

– Existing venture capital or angel backing,

– Existing developer activity on their platform

– A beta with active users

 

Further Kariuki(2017) states that “although Bitcoin and Ethereum are tried and tested projects, their decision-making processes are not explicit and efficient enough and they do not completely empower the user in the decision-making process.” Dash offered the “first cryptocurrency blockchain governance mechanisms inside the blockchain protocol” (Kariuki, 2017) through Masternode voting.

Khatwani(2018) mentions Masternode ownership and operating as one of the methods to earn within the cryptocurrency sphere. “A Masternode is simply a cryptocurrency full node or computer wallet that keeps the full copy of the blockchain in real-time, just like you have Bitcoin full nodes, and is always up & running.” (Khatwani, 2018). Additionally Masternodes have special functions (Khatwani, 2018) that the nodes perform namely:

– Increasing privacy of transactions

– Doing instant transactions

– Participating in governance and voting

– Enable budgeting and treasury system in cryptos

 

The problem with Masternode setup and operation are that:

– Rewards generated for Masternode investors decrease due to more Masternodes coming online making the long term incentive less attractive in the event that the value of the coin decreases.

– To recover losses the Masternode investors dissolve their Masternodes if the cost of running the Masternode becomes more than the rewards generated by the Masternodes thus weakening the coin’s network.

– The value of Masternode coins are backed by the technology and concept of the technology only.

A solution that proofs sustainability beyond the technological architecture of a cryptocurrency and includes governance within the blockchain protocol is needed.

    TFC Vision

Make TFC the HODL coin of choice. The rationale is to provide the crypto community with a coin suitable for transacting, governed by the holders of TFC Masternodes and linked to a TFC reward system.

 

TFC Objectives

To realisethe vision of TFC requires the provision of a coin backed by more than just the underlying technology. The objectives of TFC are:

– Ownership of a product in the form of TFC Masternodes.

– Provision of Product owners / Masternode Holders on a continuous basis.

– Provision of Value Added Product Services (VAPS) which diversifies the exposure of Masternode Holders to opportunities and sources of income.

– Transparency through the TFC platform enabling real-time insights to Masternode Holders.

– Assurance through the BlockchainGovernance Protocol allowing Masternode Holders voting rights on proposals.

 

TFC Customer Persona

The TFC customer has been assessed using the Customer Experience Management (CEM) method and depicted in a Successful Customer Outcome Canvas in Figure 1. The TFC customer is a member of the cryptocurrency market or domain. They are technologically inclined with a healthy risk appetite based on their understanding of the cryptocurrency market volatility. They are early adopters and not change resistant. Their expectation is that they will have real-time insights on the performance of the initiatives they support. They have a low tolerance of undependable technology. They want to see performance and expect to generate income from the opportunities that exist within the cryptocurrency domain. In short the TFC customer believes they are in the process of acquiring long term income and wealth. In this process they expect real-time performance tracking, milestone feedback on the implementation of initiatives, performance reports and rewards paid to them on a continuous basis. Further with their risk outlook and entrepreneurial characteristic they expect access to new opportunities as they arise. The current status quo offers the customer unstable technology that is not consistently available. Currently companies and initiatives offer customers limited insights into operations and performance. Cryptocurrency initiatives often have short lived performance and high failure rates.

Success for the TFC customer is the ability to acquire Financial Freedom.

Features

Network Speed in Excess of 325 tx/per second

Low Sending Fees

Masternode Holders Earn Rewards for Supporting the Nework

Monthly BTC Payouts depending on the Products Performance 

Darksend

Community Governance 

 

Technical Info

Coin Name: The Freedom Coin

Algorithm: X11

Ticker: TFC

Type: PoS/Masternode

POS Reward: 10

Masternode Reward: 10

Masternode Collateral: 5 000

Block Size: 3 MB

Max Supply: 25,000,000

Premined: 26,625 %   (6 656 250 Premine Total)

Block Time: 60 Sec

Block Halving: -18% / Year

Block Reward : 20

Min Stake Age: 24 Hours

Mainnet: P2P port 7118

RPC port 7117

The Freedom Coin Roadmap

  • April 2018

  • Genesis Block.
  • May, 2018

  • Masternode Pre-sale AT 1BTC.
  • June 2018

  • Launch TFC Portal.
  • June 2018

  • First Proposals Will be implemented via the Governance System
  • Read More
  • June 25-30, 2018

  • First Masternode network support fee PAY-OUT.
  • July 1, 2018

  • Going live on crypto bridge.
  • July 15, 2018

  • Merchant agreements.
  • July 25-30, 2018

  • Second masternode network support fee PAY-OUT.
  • July 30, 2018

  • Monthly masternode holders update.
  • August 25-30, 2018

  • Third masternode network support fee PAY-OUT.
  • August 30, 2018

  • Monthly Masternode Holders Update.
  • September 2018

  • Fourth Masternoeort fee network support fee PAY-OUT.
  • October 2018

  • Fifth crypto fund report.

Activity

Activity:
50
LOW
Posts:
19
VERY LOW
Views:
547
VERY LOW
Activity:
50
LOW
Merit:
0
VERY LOW
Posts:
89
VERY LOW
Views:
2 255
LOW
Users:
29
LOW
Followers:
3 838
MEDIUM
Tweets:
153
MEDIUM
30 Days Growth:
-284
Members:
4 022
MEDIUM
30 Days Growth:
-110
Alexa
Rank:
5 817 285
VERY LOW
Delta:
5 427 856
Year commits:
10
Watchers:
8
Stars:
3
Forks:
4
Open issues:
0

Team

Verified 100%

Founder / CEO
verified
CTO / Developer
verified
Graphic Art Director
verified
Public Relations
verified
Technical Support
verified

Advisors

Verified 67%

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

23 ICOs

$63 153 331

Trusted Advisor
verified
Trusted Advisor
verified

The Freedom Coin Interviews

Anders Larsson
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Proud to be trusted as advisor for this interesting project.
Douglas Bothma
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am the Founder of the Freedom Coin
Liaan Roodt
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Decentralized trust networks will revolutionize many aspects of our society, starting with money. We wanted to not only create a solution with proof of sustainability beyond the blockchain technology, but offer a service to protect the interests of holders, through a governed approached Our TFC Product solution aims to provide long-term returns and benefits to the community.
Ashton Dookhilal
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Graphic Art Director
Jessi Fann
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Public Relations Department.
Make TFC the HODL coin of choice. The rationale is to provide the crypto community with a coin suitable for transacting, governed by the holders of TFC Masternodes and linked to a TFC reward system.
Louis Nel
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I handle tech support as well as PR related activities. The cryptocurrency has a very transparent ethos so all activity and decisions are made openly and involving the community.
Esté Rothmann
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Advisory role in terms of Strategy, Governance and the TFC Customer Experience Journey. The Freedom Coin (TFC) aspires to the first coin that bring real sustainable value to the cryptocurrency community through transparency and continous innovation.

Last News

$ 0.0002
19.28%
Coin Stats
Daily, %:
19.28%
Weekly, %:
-14.22%
Monthly, %:
-85.66%
Market Info
Market Cap:
$ 3.299 K
Volume 24h:
$ 0.1279
Circ. Supply:
16.274 M TFC
Ticker:
TFC
ICO profit
X 0.9010
ICO Price~$0.0002
3.82
stable
5.0 2
ICO Profile Vision Activity Potential Product Team
  • Because there may be time differences in information updates, accurate information about each ICO project should be verified through its official website or other communication channels.
  • This information is not a suggestion or advice on investing in ICO funding. Please thoroughly investigate the relevant information yourself and decide on ICO participation.
  • If you think there are issues or problems to be corrected on this content, or if you would like to submit your own ICO project to be listed, Please email us.
Please read the disclaimer and risk warning. Show disclaimer and risk warning.
Planning an ICO? We can help with a wide range of support for all stages of your ICO