FreiCoin (FRC) is a decentralized, distributed, peer-to-peer cryptocurrency that hopes to address workers' grievances and realign the economic interests of the rich with the stability and welfare of the economy as a whole. Transport currency is fully decentralized and self-regulating, ensuring that it circulates and payers automatically make payments to community members who contribute.
The FRC was innovative in its design thinking, introducing the concept of a hoarding tax in order to strengthen the circulation of money. In other words, if you hold your money for a year, the next time you trade it, you will be deducted a 4.89% hoarding tax, which the miner will get. Another point is that the FRC has an extension fund, and 80% of the first three years of mining proceeds automatically go into the fund. The fund is used to expand the commercial use of FRC. If you have a good proposal, you can post it on the forum. Once approved, the Foundation will inject funds into the proposal.