Hello All
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I have always been fascinated in the various projects that come up under cryptocurrencies. Once upon a time, I spoke up in my main blog, and in my project account that the emergence of cryptocurrency would change and revolutionize what we see as the world in its entirety.
The internet becoming a hub, evolving beyond what the few individuals in it at the early stages ever thought it would be.
Blockchain technology is that missing link upon which a fairer, stronger, more open yet anonymous world can be built upon.
It can be applied to every area of life.
It is with this mindset that ideas such as freeZone have been able to jump out from.
What is freeZone (FRZ)?
The idea of freeZone isn't a new one in itself, but it is an evolution of existing ideas.
A free zone in economics (A free economic zone or free trade zone) often refers to designated areas where taxes are more lax or invisible in its entirety, to encourage business boom, me indigenization, and/or encourage economic growth.
It is generally an area in land, where the laws in regards to custom authorities, taxes or any other laws, is different from the norm.
FreeZone(FRZ) is a free economic zone created for businesses built and sustained on blockchains, run by cryptocurrencies.
Staying true to what economic zones are, these businesses run on the blockchain will be protected from persecution and regulations.
FreeZone is more than a coin though, part of the profits will be diverted to power communities. Plans are underway to provide services for free or at cost, including education, assistance in asset protection via blockchain tech, etc
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At the first glance of the white paper, a clear description of what freeZone hopes to do is well laid down.
Why freezone?
Whatsoever country that supports the freezone initiative, puts itself at the forefront of a new world development. Blockchain techs and industries will flock there for investment, setting up bases and making it a prime candidate for the future of tomorrow.
Businesses can be conducted under moderated and trusted rules and regulations
Members of the community are able to access different services for free, or at lower cost due to the bockchain addition.
Token distribution
About $100m is hoped to be raised via the token sales of FRZ tokens.
The freezone token, also known as FRZ, has a total supply of 1 billion tokens. 500m of the total tokens will be sold off during the token sale, while 200m of the FRZ tokens will be held by freezone cooperations and will be used to support the entire operations of the system.
300m of the tokens will eventually be circled back to the founders on a set period, with the first 100m token will be returned after a period of 12 months after the ICO.
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ICO details
The Freezone tokens will be distributed over approximately a 28 day period, starting on the 3rd of April 2018 and running through to the first week of may 2018. The ICO has a target of $100,000,000 to be successful, and each coin is targeted to be sold for $0.2 per FRZ.
In a unique twist, tokens can be purchased not only with cryptocurrency, but with a unique host of fiats as well. In total, the FRZ tokens can be purchased with Bitcoin,litecoin,bitcoin cash, ethereum, as well as the US dollars, the Japanese yen, the pound, euro and the French franc.
The minimum amount of fiat or cryptocurrency that can be used to purchase this FRZ token is 0.1btc, 0.5eth, 0.3bch, 3ltc. In fiat, $600, F600, €500, £500
authored by @destinysaid
website : https://freezone.one/#/
bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1874680
freezone whitepaperhttp://freezone.one/downloads/FreeZone_White%20Paper.pdf
Telegram: https://t.me/freezone_one
Facebook: https://www.facebook.com/freecryptozone/
Twitter: https://twitter.com/FreeZone_one
ETH address: 0xb83ed3e6B6497f7B0350cc053AF918aE7423037E