More information about the FreeMark.
Pre-sale has Begun
The Worldfree Network is a pro-business network, built by producers and value creators for value creators, in order to defend the greater freedom Hayek explained so eloquently.
The World's Most Innovative Currency
The FreeMark is aiming for the bigger opportunity: the market for the next phase of cryptocurrency adoption is ~30% of the global GDP, or about $40 trillion in payments.
Many ICO’s tout their justification for use in financial transactions, thus expanding cryptocurrency use. But volatile digicurrencies, using the prevailing model of varying market price, behave in exactly the opposite way of the best medium of exchange.
The best kind of currency for everyday financial transactions is stable: more stable than fiat currencies, and certainly more stable than most cryptocurrencies.
But that is not enough. The larger market needs an incentive to switch to a cryptocurrency. It must be stable, but it also must produce a return. The FreeMark does this by paying a royalty based upon the growth rate of the money supply, completely reversing the inflationary erosion of savings by making natural market growth an ally, and incentivising viral growth.
FreeMark owners will in addition buy and sell globally without exchange rate risk, with both inflation and deflation resistance. FreeMarks are also legally tied to real assets, held in a regulated, audited fund, unlike other fiat money offered by governments or mainstream cryptocurrencies.
How can you trade volatile assets with a volatile cryptocurrency?
The volatilities multiply, making rational investing impractical at best.
That will never catch on, and hasn’t yet.
Furthermore, for traders in goods and services, such as manufacturers, importers and exporters, exchange rate risks and hedging practices are a real problem. A stable cryptocurrency, based upon a peer-to-peer, distributed platform solves that problem, and provides incentive for the switch.
“The only way to confirm the absence of a transaction is to be aware of all transactions.”
Satoshi Nakamoto, Inventor of the Bitcoin, in “Bitcoin: A Peer-to-Peer Electronic Cash System”, 2008
Well, this is not actually so—it is an invalid assumption. We can confirm a transaction has not occurred and changed the ownership of a coin if there is only one instance of a coin, as there is in every-day cash transactions.
Do you ask who owned money before accepting it as change in a transaction? Does anyone ask you?
Of course not—this is an example thousands of years old of another type of transaction—so why can’t that be replicated with the nearly infinite control we have of the digital world? Worldfree has done exactly that with its innovative, completely scalable Nodechain technology.
Join us to help make this new vision of a more robust and scalable digital currency platform a reality by learning about how these three amazing new technologies combine to fulfil the potential of the new world of cryptocurrencies.
Features and Benefits
Ownership, Use of Funds & Currency Backing Projections
Worldfree’s Team has re-engineered the cryptocurrency, including the blockchain itself.
Led by a second-generation software entrepreneur, veteran fintech and AI software developer, the CEO and his team have re-designed the digital currency functionally—both economically and technologically, from the ground up.
The Worldfree team developed the world’s first technology to deliver direct answers from live, unstructured internet text. The technology has been used by many G200 clients and IBM offered to acquire it.
Now Worldfree is bringing natural language reasoning to a better engineered cryptocurrency, along with advanced crypto- and economic technology.