|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.
|1||CNX Network||2022||4.943||Active||IoT||July 1, 2022||December 31, 2022|
|2||EMCODEX||2021||4.94||Pre-sale||Commodities, Synthetic Assets||May 18, 2021||September 30, 2021|
|3||LetStudy||2020||4.935||Upcoming||Education||August 1, 2021||August 1, 2022|
|4||FUNA||2022||4.931||Active||AI||June 15, 2022||August 31, 2022|
|5||My Lotto Coin||2020||4.93||Pre-sale||Gaming, Lottery||April 1, 2021||June 30, 2021|
|6||Blockster (BXR)||2021||4.93||Upcoming||Media||May 31, 2021||October 12, 2021|
|7||BattleKnight||2021||4.927||Active||Game, NFT||February 5, 2022||November 30, 2022|
|8||Fanadise||2021||4.92||Pre-sale||NFT, marketing, staking, BSC||May 12, 2021||June 30, 2021|
|9||Recast1 Token||2021||4.91||Active||Trade, Stable Coin, Proof of Transfer and Stake||June 15, 2021||December 5, 2021|
|10||Pawtocol||2019||4.9||Pre-sale||Big Data||December 27, 2019||May 17, 2021|
|11||Curate||2019||4.9||Pre-sale||Advertising||August 9, 2019||May 30, 2021|
|12||Tycoon||2019||4.9||Active||Investment||December 7, 2019||June 28, 2021|
|13||SerenitySource||2019||4.9||Active||Energy||July 13, 2019||July 28, 2021|
|14||MetaHash||2018||4.9||Active||Finance||April 8, 2020||September 30, 2021|
|15||IdeaFex||2019||4.9||Pre-sale||Finance||June 18, 2019||June 17, 2022|
|#||Crypto||Prediction||Accuracy||CVIX||Price||24h||7d||Market Cap||7d price change|
|1||BTC||Bitcoin predictions||87.6%||23||$19 477.75||4.45%||1.63%||$373 264 823 304|
|2||ETH||Ethereum predictions||66.8%||71||$1 335.97||4.93%||3.54%||$163 755 405 431|
|3||USDT||Tether predictions||92.8%||1||$1.000060||0.01%||0%||$67 960 262 498|
|4||USDC||USD Coin predictions||96%||1||$1.000123||0.01%||0.01%||$48 707 702 464|
|5||BNB||Binance Coin predictions||86%||15||$280.78||4.22%||4.60%||$45 299 859 595|
|6||XRP||XRP predictions||59.6%||83||$0.440273||4.36%||3.80%||$21 969 915 706|
|7||BUSD||Binance USD predictions||90.8%||1||$1.000647||0.05%||-0.01%||$21 055 852 896|
|8||ADA||Cardano predictions||80%||35||$0.437309||2.31%||-3.28%||$14 973 500 079|
|9||SOL||Solana predictions||81.2%||31||$33.70||5.17%||4.85%||$11 957 820 597|
|10||STETH||Lido stETH predictions||93.6%||1||$2 941.39||-0.40%||-3.32%||$10 258 752 564|
|11||DOGE||Dogecoin predictions||88.4%||16||$0.060417||1.68%||2.72%||$8 015 516 955|
|12||DOT||Polkadot predictions||70.8%||55||$6.44||2.66%||0.22%||$7 223 798 979|
|13||DAI||Dai predictions||94%||1||$0.999736||0.02%||-0.07%||$6 861 849 280|
|14||MATIC||Polygon predictions||69.6%||62||$0.745555||3.08%||-0.82%||$6 511 915 521|
|15||WTRX||Wrapped TRON predictions||94.4%||5||$0.060062||1.88%||0.71%||$6 106 889 160|
Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.
© 2015-2022 Crypto-Rating.com
The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.