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What is FairERC20 (ferc)?

FairERC20 basic info

Name:FairERC20
Ticker:
Introduction:

What Is FairERC20?

FairERC20 is a token protocol developed as a superset of the standard ERC-20 token protocol. It was created by @JackyGu and is the first token deployed via the FERC20 protocol on the Ethereum blockchain. The name "Fair ERC20" signifies its aim to provide a fairer version of the ERC20 token scheme. This initiative was inspired by the success of the BRC20 token, which was deployed on the Bitcoin chain and attracted significant attention due to its simplicity and fairness to community participants.

The FairERC20 token has several features that set it apart from traditional ERC20 tokens. It allows for easy transfers within familiar wallets, can be used within the Ethereum ecosystem, and is an ownerless token. There is no pre-mining involved; the total amount of tokens starts from zero and continues until the cap is reached.

Resources

Official Website: https://www.erc20.cash/

How Does FairERC20 Work?

The FairERC20 protocol operates by adding three sets of attributes to the base ERC20 standard contract to maintain fairness among participants. These attributes include a freezing period after a user mints for the first time, holding conditions to prevent large-scale quick minting and a presale/crowdfunding price for the token.

The protocol provides a detailed guide on deploying a new token, deploying advanced tokens, and minting FairERC20 tokens. During the freeze period, after a user mints for the first time, they can continue minting but will need to pay a tip to the platform. The first minting tip after entering the freeze period is 0.00025ETH; the second time is 0.0005ETH, the third time is 0.001ETH, etc., doubling each time.

What Is FairERC20 Token?

FERC, the native token of FairERC20, is available on various exchanges. It has a total supply of 10,000,000. FERC is a token that adheres to the principles of fairness, ensuring that all participants, including issuers and project teams, start from the same point. FERC tokens can be easily transferred within familiar wallets, utilized within Ethereum's DeFi ecosystem, and are ownerless, meaning they don't have owner permissions. There's no pre-mining involved; the total number of tokens starts from zero and continues until a set cap is reached. The minting process of FERC tokens involves certain conditions like freezing periods, position conditions, and potential presale or crowdfunding prices, all designed to maintain fairness and prevent undue advantages.

What Determines FairERC20's Price?

In the dynamic world of cryptocurrency and blockchain technology, the price of tokens, including FairERC20, is influenced by a myriad of factors. At its core, the price of FairERC20, like other cryptocurrencies, is determined by the fundamental economic principle of supply and demand. The unique attributes of FairERC20, such as the freezing period, position conditions, and presale or crowdfunding prices, play a pivotal role in shaping its demand. For instance, the freezing period, which requires users to pay a fee for minting tokens during a set timeframe, can create a scarcity, potentially driving up the token's price. Similarly, position conditions, which set holding prerequisites, can influence the rate of minting, further impacting the token's market dynamics.

External factors also play a significant role in determining FairERC20's price. Market sentiment, driven by news, regulatory changes, and broader blockchain industry trends, can sway investor behavior, leading to price fluctuations. Additionally, the overall health and adoption rate of the Ethereum DeFi ecosystem, given FairERC20's compatibility with it, can influence its market value. As with all cryptocurrencies, potential investors should conduct thorough research and consider the inherent volatility of the crypto market before making investment decisions.

For those interested in investing or trading FERC, one might wonder: Where to buy FairERC20? You can purchase FairERC20 on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

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Current price:
All-time high:$1.5
All-time low:$0.004654

ferc supply and tokenomics

Circulating supply:0 ferc
Total supply:10,000,000 ferc
Max supply:10,000,000 ferc
Market cap:$0.00
Fully diluted market cap:$57,952.18

Links

Buy FairERC20 for $1Buy ferc now

What is the development prospect and future value of ferc?

The market value of ferc currently stands at $0.00, and its market ranking is #6288. The value of ferc is not widely recognized by the market. When the bull market comes, the market value of ferc may have great growth potential.

As a new type of currency with innovative technology and unique use cases, ferc has broad market potential and significant room for development. The distinctiveness and appeal of ferc may attract the interest of specific groups, thereby driving up its market value.

What will the price of ferc be in 2025?
Based on ferc's historical price performance prediction model, the price of ferc is projected to reach $0.01956 in 2025.
What will the price of ferc be in 2030?
In 2030, the ferc price is expected to change by +3.00%. By the end of 2030, the ferc price is projected to reach $0.04641, with a cumulative ROI of +743.00%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of ferc and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is ferc worth investing or holding? How to buy ferc from a crypto exchange?

If you want to buy ferc, the following information may be helpful for your investment decisions:
In the last 7 days, the price of ferc has fallen by -3.34%, leading to negative returns for most ferc investors. The market is currently pessimistic about the price trend of ferc.
It is important to note that the current price of ferc has retreated by -99.61% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether ferc is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in ferc or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of ferc, if you want to buy or sell ferc, you can consider Bitget for your trading needs. The best place to buy ferc is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in FairERC20 has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy FairERC20. Here's a step-by-step guide on how to buy FairERC20 on Bitget.

How to get FairERC20 through other methods?

Using cash to buy FairERC20 is not the only way to obtain FairERC20. If you have the time to spare, you can get FairERC20 for free.
Learn how to earn FairERC20 for free through the Learn2Earn promotion.
Earn free FairERC20 by inviting friends to join Bitget's Assist2Earn promotion.
Receive free FairERC20 airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to FairERC20 through Bitget Convert, Bitget Swap, or spot trading.

What is FairERC20 used for and how to use FairERC20?

The use case of FairERC20 may expand as the crypto market and the project itself develop. Currently, you can use ferc to achieve the following goals:
Arbitrage by trading ferc: Since ferc is a frequently traded cryptocurrency, the price of ferc is always fluctuating. Earn more ferc by buying low and selling high on the exchange. Bitget spot market provides a variety of ferc trading pairs to fully meet your needs.
Earn by staking ferc: You can also generate income through financial management methods such as staking ferc or lending ferc. Bitget Earn offers a variety of financial products designed to help you earn more income from your ferc.
Send or pay ferc: If you want to give ferc to your friends, a charity, or a fundraiser, or you want to pay someone with ferc, you can quickly and easily send ferc to the recipient through their payment address.
You can also go to the official website of the FairERC20 project to learn more about the use cases of ferc. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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ferc resources

Contracts
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https://img.bitgetimg.com/multiLang/develop/web/ETH.png
Ethereum
0x2eCB...F8e5Be0
copy
wallet
Links
FairERC20 WebsiteFairERC20 WhitepaperFairERC20 TwitterFairERC20 Github

ferc price calculator

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ferc
USD
1 ferc = 0.005795 USD
Last updated (UTC-0)
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