Farad price is $0.00005792
Currently, the price of Farad (FRD) is valued at $ 0.00005792.
Farad (FRD) is a unique type of cryptocurrency that espouses a real-world economic value by backing it up with the production of ultra-capacitor cells. This highly innovative project was launched with the intention to bridge the gap between the financial and economic worlds with real commodities.
Farad (FRD) is the brainchild of a team of seasoned engineers, business experts, and technologists who established the platform in 2017. The team's aim was to bridge the sector of advanced blockchain technology and the industrial production and real economic value of ultra-capacitors.
Farad (FRD) cryptocurrency operates by representing the right to the future production of Eco-Friendly Ultra-Capacitor Cells. These cells are a disruptive technology with the potential to change the way we use and store energy. The uniqueness of Farad lies in its actualization of 'economic value' decentralization by converting the blockchain's 'stored value' to 'economic value'. This paves the way for a ground-breaking approach to commodity-based economy within the blockchain sphere.
Farad differentiates itself by being the first-ever cryptocurrency to introduce the economic concept of business transactions into the crypto-mechanism. By setting up a system that fractionalizes the economic value derived from the production process, FRD token holders are able to partake in the revenue generated from the sales of ultra-capacitor cells. This creates an unconventional attractive proposition for potential token holders, mainly because it balances the crypto-economic and real-economic calculations.
The total supply of Farad (FRD) stands at 1.6B tokens, with a circulating supply of 183.3M tokens. As of now, the market cap of Farad (FRD) stands at $ 10.6K which puts it at rank #1 among all cryptocurrencies.
Farad (FRD) can be purchased on any of the following exchanges: EtherDelta, HitBTC. It is always important to use trusted and secure platforms when trading any form of cryptocurrency.
Keeping your Farad (FRD) tokens safe should be a top priority. It is advised to use a secure cryptocurrency wallet that supports FRD tokens. Make sure to use up-to-date technology, robust security measures and two-factor authentication to protect against unauthorized access to your crypto assets. Always remember to hold your private key in a secure location and avoid sharing any sensitive details relating to your crypto assets.
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