|Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.|
|Start||June 29, 2019|
|End||May 29, 2020|
|Soft cap||$120 000|
|Hard cap||$2 300 000|
|Tokens for sale||460560000|
|Accepting||XLM, ETH, BTC, LTC, BCH, TRX, XRP, BNB|
ICO description, Technical Details and Documents
FRED stands for Funding Research into Energy Devices; it is a UK-based blockchain project that focuses its operations around the idea of incorporating blockchain and cryptocurrencies into several environmental initiatives related to the promotion of green energy and related physical products.
The company emerged in 2018; by that time, the team had already created a proprietary blockchain, on the foundation of the Ethereum one, which was powered by a mineable cryptocurrency. Although a year later, they decided to make a switch to the Stellar blockchain that has a number of advantages over Ethereum, most notably a significantly less energy-consuming consensus mechanism, far better scalability, and transaction speed. In addition, Stellar smart contracts are more protected and comprehensible.
Along with technological adjustments, FRED had also initiated a token swap where the old ERC-20 FREDEnergy coins were exchanged for the FRED Energy tokens (FRED) of the Stellar standard. A total of 48,4 million FRED tokens, out of the total supply of 808 million, are to emerge as the result of the swap, whereas 460,5 million will be distributed during the sale.
The FRED Project has two overarching goals: to become the best-regarded company for promoting the use of green energy; to launch a blockchain-enabled marketplace for alternative energy and physical products that has the FRED token as its lifeblood.
The team has already rolled out a demo version of the marketplace, which features a number of energy-saving products provided by the partners, such as LED bulbs, EV chargers, solar panels, and electric tuk-tuks (three-wheeled vehicles commonly used as cabs). The merchandise of FRED's own production is promised to be added at the later stages of project development. Another purpose of the marketplace is to facilitate the adoption of cryptocurrencies, the FRED token in particular, by implementing them as the primary means of payment and allocation of consumer rewards. According to the projections, in four years' time, the net return generated by the marketplace would amount to $590 thousand, which constitutes a 2007% growth, compared with that of the first year.
The project is also working on the further development of the prototype device that serves as a portable generator and storage of electricity from solar energy. It can be used during different outdoor activities as well as an emergency power bank. The gadget is already functional, though FRED requires additional funding to finalize the exterior design, run the necessary testing, and organize a marketing campaign. Some extra funding would also be required for further research of the off-grid devices.
The FRED Project conducts the token sale of two launchpads, the first one being their own platform - the second one is the Finexbox. The one that takes place on the FRED platform is now live, with Round 1 ending on January 30. The overall token sale will end on May 29. The current price of 1 FRED is $0.005, with the minimum investment threshold being only $5. The softcap is $120,000, which is more than feasible, whereas hardcap is $2,3 million. Tokens can be purchased with BTC, ETH, LTC, XLM, TRX, XRP, BCH, BNB, and DASH. The list of restricted areas features the United States, China, and North Korea.
* Crypto Rating accepts no liability for any errors in the FRED Energy ICO information and Rating. For the most up-to-date information please visit the ICO's official website.
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|7||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
|8||Recast1 Token||2021||4.91||Active||Trade, Stable Coin, Proof of Transfer and Stake||June 15, 2021||December 5, 2021|
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|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||66.4%||75||$29 862.92||-4.61%||-1.43%||$568 643 328 349|
|2||ETH||Ethereum predictions||60.8%||77||$2 023.66||-5.68%||-10.04%||$244 470 579 811|
|3||USDT||Tether predictions||94.8%||1||$0.998796||-0.03%||-0.12%||$75 660 930 298|
|4||USDC||USD Coin predictions||94.8%||1||$1.000660||0.04%||0.11%||$52 009 913 428|
|5||BNB||Binance Coin predictions||66.8%||71||$298.01||-4.49%||-0.72%||$48 657 409 926|
|6||XRP||XRP predictions||68.4%||70||$0.422499||-5.56%||-14.29%||$20 424 915 692|
|7||ADA||Cardano predictions||65.6%||68||$0.556880||-6.81%||-9.00%||$18 833 840 942|
|8||SOL||Solana predictions||61.2%||80||$53.68||-8.81%||-15.43%||$18 096 700 330|
|9||BUSD||Binance USD predictions||95.6%||1||$0.999564||-0.09%||-0.13%||$17 990 219 912|
|10||DOGE||Dogecoin predictions||64.8%||76||$0.087841||-5.39%||-16.20%||$11 653 943 120|
|11||DOT||Polkadot predictions||63.2%||77||$10.62||-9.93%||-1.32%||$10 492 669 466|
|12||AVAX||Avalanche predictions||64.8%||79||$32.61||-10.79%||-22.54%||$8 775 405 549|
|13||WBTC||Wrapped Bitcoin predictions||61.6%||75||$29 851.71||-4.50%||-1.83%||$8 478 001 887|
|14||TRX||TRON predictions||72.4%||61||$0.069116||-4.48%||-5.81%||$6 757 528 478|
|15||SHIB||SHIBA INU predictions||64%||78||$0.000012||-7.95%||-16.96%||$6 586 200 152|
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