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 (link is external) & regular local nodes (link is external) meetings
- Democratic: strategy and decision making in monthly assemblies
FairCoin is one of the only cryptos now that is incredibly hard to hard fork (because it is hard to hard fork a global grassroots movement or a cooperative community).
With faircoin I will support people who are caring for the earth, nature, animals and humans and I have a better feeling, by supporting this.
The "Occupy Movement" tought us much about unequality. With fair.coop, he has taken the lead to build an ecosystem for a global alternative economy. FairCoin is the currency, they prefer to use in all business relations.
I just transfered some FairCoins to make a payment,faster than a bank transfer, I was sending a message to the receiver to say i just transfered it and the guy allready received it. am getting to really love faircoop´s tools.