BSC Month Series: CoinTiger AMA Recap with FREE

Published in

CoinTiger

7 min readApr 9, 2021

CoinTiger has hosted the AMA session together with FREECOIN , is a cross-blockchain community coin, circulating on Ethereum, TRON and BinanceSmartChain. We have choosen the name “FREE” because of the double meaning of “FREE”. FIRST meaning of “FREE” is FREEdom, and more specifically financial freedom. The second meaning is “free of cost” : we introduced the FREE coin without ICO/IEO, so we were able to distribute 97 % of all FREE coins at the technical lowest possible cost (0.000000006 USD). Today this price already increased with 60000 %, so in 2,5 years time FREE coin already performed better than Bitcoin in price increase. Our target is the marketcap of Doge coin, which would mean that our price still would have to go x 280.

Session1: QA with the Project representative

Q1. Welcome to CoinTiger BSC Month 🔥🔥🔥 First simple question — who are you?

Hello everyone, my name is Benn. I am one of the co-founders of the FREE coin and I am acting CEO of the FREE coin project.Some personal information : I am active fulltime in crypto since 2017, I hold an MBA in Finance and IT, I live in Europe and I have +30years experience in IT and Finance.

Q2. Could you please introduce FREECOIN briefly, sir? 👏👏👏

The FREE coin is a cross-blockchain community coin, circulating on Ethereum, TRON and BinanceSmartChain. We have choosen the name “FREE” because of the double meaning of “FREE”. FIRST meaning of “FREE” is FREEdom, and more specifically financial freedom. The second meaning is “free of cost” : we introduced the FREE coin without ICO/IEO, so we were able to distribute 97 % of all FREE coins at the technical lowest possible cost (0.000000006 USD). Today this price already increased with 60000 %, so in 2,5 years time FREE coin already performed better than Bitcoin in price increase. Our target is the marketcap of Doge coin, which would mean that our price still would have to go x 280.

Q3. What are the advantages of holding FREE?

First advantage Because the FREE coin was distributed “nearly for free”, the full profits are for the coin holders and not for the project team. In 2,5 year time this gave our holders a profit of 60000%, and we hope still to do a x 280 before end of 2024. Second advantage is that FREE coin is available on 3 blockchains (ETH, TRON and BinanceSmartChain).This allows our users to make use of the specific advantages of every blockchain, and to use all wallets, defi solutions, exchanges, … of the different blockchains. Third advantage is that we are the ideal “learn how to crypto” coin, for starters entering the crypto world : we have a very large and friendly community, that helps starters in learning about crypto. And fourth main advantage is that we offer a lot of real world use cases for our coin : paying on the vending machines and point-of-sale systems of Ivendpay in Asia and Russia, QR payments via SWFT, webshop payments, send FREE coin to telegram users, pay your bachelor education in the Philipinnes, … The FREE coin is even supported by the Blockchain API software of TATUM, the leading software to help Banks to offer accounts in cryptocurrencies to their customers. And of course we also offer farming and staking to our holders.

Q4. What makes FREECOIN different from other BSC projects?

The FREE coin is the largest project on BinanceSmartChain, expressed in number of wallet holders. And we are also the fastest growing project in number of BSC users. The FREE coin is also the project with the highest ROI on BSC. On top of that, the FREE coin is cross-blockchain, which guarantees an easy 1:1 swap between FREE on TRON, BSC and ETHEREUM. And we are a “bootstrapped” coin, that started without ICO/IEO and grew thanks to the efforts of our community.

Q5. What is FREECOIN’s plan for 2021?

We have 2 major objectives : FIRST we want to continue to grow our community, which is the hearth of the FREE coin. At this moment we are focussing on growing in Russia, after our previous strong growth in Asia and Latin-America. Every 10 seconds a new FREE coin wallet is created by a new FREE coin holder …SECOND objective is to create profit for our holders : our price will continue to increase thanks to a growing community and additional real world usecases to be added. And because we are the coin with the highest number of wallet holders on BinanceSmartChain, we hope to see in 2021 also our listing on Binance.

Session 2: Open Questions by the Community

Q1:What is the uniqueness of FREECOIN that cannot be found in other project that´s been released so far ?

In fact FREE coins main competitor is DOGE. However FREE coin has a number of important advantages compared to DOGE: 1) FREE coin has a high but LIMITED supply, Doge has an UNLIMMITED supply. 2) FREE coin is fairly distributed over the holders, DOGE is controled by a few WHALES (1 Doge holder holds 27% of all DOGE, The 20 largest DOGE holders hold +50% of all DOGE). 3) FREE coin has an active project team, DOGE is abandonned by the team. 4) FREE coin is crossblockchain, DOGE not. 5) FREE coin is supported by all major wallets and DEFI applications, DOGE not.6) DOGE did already reach its maximum marketcap of 7 Billion USD, FREE still can do x280 before reaching a marketcap comparable with DOGE.

Q2:What influence do FREECOIN have in the crypto industry?

The main target of the FREE coin is to support GLOBAL CRYPTO ADOPTION. In current phase we focussed on lower income areas, where we want to offer the inhabitants a lowcost/lowrisk opportunity to do there first steps in crypto. We do this in an inclusive way, via a lowcost coin of which the full profit will go to holders and traders. And we are succesfull in our approach : of all BSC projects, the FREE coin is the coin with the highest number of holders.We also proof that a low cost/high supply coin can be used for real world usecases. The FREE coin will be the first coin used by many of the crypto starters, to do their first steps in crypto.

Q3: On which countries are you focusing to expand and do marketing?

Our initial focus was on South-East Asia (Bangladesh, Philipinnes, Korea, …), Africa and South-America (Brasil) where we have built strong communities and real world usecases. At this moment we are focussing on Russia.. Europe and US will follow later in 2021.

Q4:How is FREECOIN protected from failures, so that everything works stably and correctly?

Our smart contracts are audited by technical and legal experts. By being cross-blockchain we offer our holders the possiblity to swap to another blockchain, in the unlikely event that a major blockchain would encounter technical problems.

Q5:What inspired you to make this project?

We are convinced that CRYPTO is a better and more fair money compared to FIAT. But existing crypto was not accessible enough for lower income areas. And FREE is the only coin with the correct supply level, for global crypto usage

Session 3: Multiple-Choice-Questions

The correct answers will be bolded

What is token of FREECOIN?

A.FREECOIN

B.FREE

C.FREEC

D.FRC

2.What trading pair is available on CoinTiger?

A.FERR/USDT

B.FREE/BTC

C.FREE/ETH

D.FREE/BitCNY

3.Which one is the official Twitter of FREECOIN?

A.@FREE_COIN

B.@FREECOIN

C.@THE_FREE_COIN

D.@THE_FREE

4.On which blockchain is FREECOIN based?

A.ETH+BSC+TRON

B.ETH

C.BSC

D.TRON

5.What regions is FREECOIN currently focused on?

A.America

B.Eastern Europe

C.Asia

D.Russia

About CoinTiger

CoinTiger platform has an ecosystem that includes web, iOS, Android, and exchange service system (e.g Cryptocurrency, FIAT, Future, and Leveraged Tokens Trading, Ticker Capital, Lab, Security Alliance, Tiger Knights, IEO, Tiger Forum), and is now one of the most popular exchanges in the world, which formed sub-branches in countries such as Korea, Japan, Russia, Italy and more. CoinTiger is founded in November 2017 and has exceeded 4 million users today. CoinTiger also provides trading and investing services for 158 countries with over 100 quality assets. CoinTiger is also the first crypto exchange to implement a 100 % equity mechanism for its native TigerCash (TCH) coin. The first thing CoinTiger has done is to serve its users well and deliver secure, efficient, and reliable services with the highest level of global ecosystems, banking security, efficient and best possible product experience, easy and fast transaction services, and a 7X24 customer support team.

Social Media Handles

Website
Facebook
Twitter
Medium Blog
Reddit

Telegram Channels

English
中文群
 Tiếng Việt
Россия
Indonesian
العربية
日本語
 Türkçe
한국어
Nigeria
हिंदी
বাংলা
Brasil
คนไทย
Philipines
Italian