Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
FairERC20 priceferc
FairERC20 price calculator
More cryptocurrencies calculator >FairERC20 price live data summary
What is the highest price of ferc?
What is the lowest price of ferc?
FairERC20 price prediction
When is a good time to buy ferc? Should I buy or sell ferc now?
What will the price of ferc be in 2025?
What will the price of ferc be in 2030?
FairERC20 ratings
About FairERC20 (ferc)
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.
FairERC20 price performance in USD
FairERC20 price history in USD
FairERC20 market information
ferc to local currency
Crypto calculator- 1
- 2
- 3
- 4
- 5
How to buy FairERC20(ferc)
Create Your Free Bitget Account
Verify Your Account
Buy FairERC20 (ferc)
Trade ferc perpetual futures
After having successfully signed up on Bitget and purchased USDT or ferc tokens, you can start trading derivatives, including ferc futures and margin trading to increase your income.
The current price of ferc is $0.009481, with a 24h price change of -15.39%. Traders can profit by either going long or short onferc futures.
Join ferc copy trading by following elite traders.
FairERC20 news
See moreNew listings on Bitget
Buy more
FAQ
What is the current price of FairERC20?
What is the 24 hour trading volume of FairERC20?
What is the all-time high of FairERC20?
Can I buy FairERC20 on Bitget?
Can I get a steady income from investing in FairERC20?
Where can I buy FairERC20 with the lowest fee?
Where can I buy FairERC20 (ferc)?
Video section — quick verification, quick trading
Trade
Earn
BTC/USDT
SpotBTC/USDT
MarginBTC/USDT
USDT-M FuturesBTC/USD
Coin-M Futures