Future plans for our project include our swap app which will enable our token holders to swap from FRED (Stellar) to FREDx (ETH). We originally reserved 404M from both blockchain assets as a reserve for the swap pool. The team felt a little uneasy at the thought of 50% of the supply being held in…
FRED Energy launches ERC-20 token to increase liquidity FRED Energy (FRED) has launched an ERC-20 token (FREDx) alongside its Stellar based token in an effort to increase awareness and liquidity of its green energy related projects. This will make FRED energy a dual blockchain project, a rising trend in projects struggling to gain investment, liquidity…
We are pleased to announce that we have entered into the SCF seed funding competition. “The goal of the Seed Fund is to help viable, innovative, first-mover businesses and utilities get started on Stellar. These are projects that will still be around in a year” Here is our current entry https://communityfund.stellar.org/seed-fund#/ Summary FRED Energy aims…
In many developed nations, the last decade has seen a gradual albeit limited adoption of renewable energy systems by consumers, mostly aided by government initiatives and subsidies. There has it seems, been little urgency in the need for change towards consumer energy generation, possibly due to a perceived relative status quo of supply and demand.…
Today marks the first crypto purchase for a physical product on our Green Energy focussed marketplace with the payment made in Stellar Lumens (XLM) the blockchain our token is built on. Our customer was very pleased with the experience, quick and easy, exactly how crypto should be! We think this is a significant achievement and…
By Wisdom Nwabundo, Content Writer | Economist | Crypto Enthusiast The world is rapidly evolving and driving towards a more digitalized era, all thanks to technological advancement. As the human population continues to increase over time, man is tasked with the problem of how to better his immediate environment and the world at large. This…
Mine’s a Stellar Disclaimer: FRED Energy and Stellar do not promote the consumption of alcoholic beverages (just in case 🙂 Yes, it’s official FRED Energy (FRED) is a custom token on the Stellar network. It took us a while, three blockchains later and we can confidently say that Stellar will be our forever home (unless…
Start Date January 1st 2020 – Proposed End Date January 1st 2021 Our token sales will be moving to a HODL’s rewards-based scheme until further notice. This is to encourage buying from our platform which provides our project with funding (for Marketing, Exchanges, Marketplace etc) and also aids in maintaining a more stable token value.…
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