FREE Coin FREE to SolarCoin SLR Exchange

Crypto Pair Details: FREE to SLR

FREE Coin FREE

The FREE (refers to FREEdom) coin facilitates everyone worldwide to participate in the wealth redistribution and creation that is going on thanks to the introduction of cryptocurrencies. The FREE coin is a bold and disruptive innovator with 3 main objectives : 1) Pave the way for the GLOBAL MASS USAGE of cryptocurrency. Our mission is to make cryptocurrency accessible to every interested person on earth. The FREE coin is the only cryptocurrency with sufficient supply to support worldwide usage of crypto. 2) Make cryptocurrency INCLUSIVE : allow also access to cryptocurrency profits to people with less financial means. Therefore we do the initial distribution at a low price. ​ 3) CREATE GLOBAL WEALTH by distributing a cryptocurrency that will increase very fast in value

SolarCoin SLR

Solarcoin is a Scrypt based alternative digital currency and its innovation comes from the secondary proof of work reward: the Solar Proof of Work. Green solar energy producers are entitled to receive one SLR for every MWh electricity generated. In order to claim a Solar Proof of Work reward, solar plant owners must submit 3rd party verified energy generation certificates such as a Solar Renewable Energy Certificate (SREC) or equivalent country specific documentation. All Solar Proof Of Work rewards will be stored as transactions in the blockchain. The supply of SLR comprises of the following: - The Mining Pool: 105 million Solarcoins (0.1%) to be publicly mined over the next 40 years. All publicly mined Solarcoins represent historically generated and unclaimed solar electricity. - The Generator Pool: 97.5 billion SolarCoins (99.4%) are currently stored in the OCA non-circulating generation pool account. These will be exchanged for Solar Proof of Work claims of solar electricity generation submitted over the next 40 years at the rate of 1 SLR per MWh of solar energy. - The Genesis Pool: 500 million Solarcoins (0.5%) are stored in the genesis pool account for environmental charities, early volunteers, advisers, builders and maintainers of SolarCoin infrastructure. Genesis pool circulation is capped so that it will never represent more than 5% of total Solarcoin in circulation.

SOURCE: COINGECKO

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