Smart contracts on Ethereum are fully self contained and any information or access to off-chain data is restricted. Tellor solves this problem by creating a system where parties can request the value of an off-chain data point (e.g. ETH/USD) and miners compete to add this value to an on-chain data bank, accessible by all Ethereum smart contracts. Inputs to a data series are secured by a network of staked miners. The main Tellor smart contract creates a time series of each requested data series and aims to become the standard source of high value data for decentralized applications. This oracle, “Tellor”, utilizes similar incentive mechanisms to other cryptocurrency systems through the issuance of Tellor’s token, Tributes, that are used to request a particular data series from miners.
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