Building an economy based on cooperation
Enabling Equality and a Fair Economy
FairCoin is a digital currency supported by a global cooperative grassroots movement.
With the support of Fair.Coop, FairCoin implements fair value exchange on a global level. After two years of preparation and a lot of testing, FairCoin has switched from Proof-of-Stake to the Proof-of-Cooperation mechanism on July 18th, 2017. Thus FairCoin are now the most ecological and resilient cryptocurrency.
- Ecological: very low power consumption for transaction control
- Safe: Certified Validation Nodes (see FAQs)
- Fast: transaction confirmation each three minutes
- Ethical: supports fair business values
- Future Safe: some blockchain parameters are adjustable by design
- Strong: high commitment by several cooperatives worldwide
- Controlled growth: official price is 1 FAIR for 60 Eurocent (see our slow price adoption strategy)
- Vibrant: Strong community with daily online collaboration & regular local nodes meetings
- Democratic: strategy and decision making in monthly assemblies