The Freedom Coin (TFC) – Working Blockchain Instead Of ICO promises

It is easy to sell the promise of an idea. Instead we chose to launch a working product that has proven returns and a fully functioning blockchain.

Where crypto startups are often not sustainable beyond the initial ICO stage due to empty promises, TFC aims to change of all of this through superior speed, unique governance and increased motivation to hold TFC for the long run.

The Freedom Coin is a hybrid project. The decentralized technology is backed by centralized products. These products are governed by the Masternode holders that form part of the decentralized network. The products aim to grow in BTC value on a month-to-month basis thus ensuring that  the value of the TFC coin gains in value.

Instead of just receiving rewards for owning a Masternode like other Masternode cryptocurrencies, TFC Masternode owners are also paid an additional network support fee in BTC for supporting the network. This incentivizes Masternode holders to keep their Masternodes. This is calculated from the pool of TFC production.

It also gives each owner a vote on the future of products and development within the project. Participants of the ICO that purchase shared or full masternoodes will immediately start generating more TFCs producing an instant return on investment.

In addition, there is the normal Masternode reward that is paid to Masternode holders from the pool of daily TFC production. Unlike BTC, TFC is a proof-of-stake (PoS) cryptocurrency so Masternode and normal wallet holders are paid TFC for every 24 hours that they hold TFC in their wallets.

Our governance portal allows access to our BTC fund and the Traders Trades as and when they happen open and closed trades. We believe everything we do should reflect the ethos of total transparency. This pool is used to pay out our Masternode holders. By constantly increasing the value of the fund we aim to increase the value of support fees to Masternode holders.

TFC is the fastest altcoin on the market aimed at real-world transactions. Transactions are executed at 325 transactions per second, in comparison to BTC which can only muster 4-5 transactions per second and Ethereum (ETH) which manages 20 transactions per second. Thus, TFC can keep the pace with production online payment gateways like PayPal which handles 193 transactions per second.

TFC has a block size of 3MB which is 3 times the size of the BTC block. This means that a lot more transactions can be processed within each block. It only takes a single minute to produce and verify a new block on the blockchain. BTC is comparatively slow at around 10 minutes per block. This makes TFC viable as a payment method. When TFC is not spent, because it is a PoS cryptocurrency, users are incentivised to keep their coins and earn rewards for holding the currency instead of dumping them on the open market and driving the price of the cryptocurrency down. Transaction fees are also exceptionally low, with the average TFC transaction costing around 0.0001 TFC (around $0.000185) at the time of writing. TFC will also finalize agreements with payment merchants by mid July 2018 so that TFC will be a credible online payment method.

The TFC blockchain officially launched on 8 May 2018 with a Masternode presale. Each Masternode costs 5000 TFC or 1.5 BTC. There will only be 1000 Masternodes available from the premined coins. It is advisable to purchase a Masternode early as the price has already increased after the first phase of the launch. On 1 June 2018 the price increased to 1.5 BTC per Masternode and the 15th of June will see prices at 2 BTC per Masternode.

The TFC team comprises Founder and CEO, Douglas Bothma as well as CTO Liaan Roodt. Together they have launched TFC, as a cryptocurrency solution. They also play an active role in the communities of a number of other altcoins. They are supported by Esté Rothmann as Advisor and have a design and an admin team consisting of Ashton Dookhilal, Jessi Fann and Louis Nel.