FRELDO – The first global and decentralized ecosystem linking services provider and customers

The largest economy in the world – the USA – is based on a mix of both small and medium businesses. According to statistics, the share of small businesses in the gross domestic product of the United States is 62%. As a rule, these are small enterprises providing services to the public. They range in size from several people to several dozen. Moreover, many of the individuals who are inspired by the successes of their boss, plan to open their own small business themselves in the future. According to research, about 20% of the employees of the enterprise end up branching out on their own.

Such a favorable business climate contributes to the fact that a huge number of new small companies and entrepreneurs, who are looking for clients, appear on the United States market every year. A very similar situation has developed in Canada. Here the statistics show that about 3 million small businesses provide half of the economic power of the entire private sector of the country. In addition, Canada’s small businesses produce 27% of the gross domestic product.

What Is Freldo

The Freldo network is now exploring who to transition to using blockchain technology, with the support of experienced specialists in this area. Thanks to these modern technologies, it will be possible to establish direct communication between the seller and the buyer, excluding any interference or influence of intermediaries. The popularity of Freldo is growing rapidly in the US and Canada. This positive trend is due to a number of objective reasons. The main among them is that Freldo’s capabilities meet the needs of the modern real market. As a supplement to the basic functionality, Freldo developers plan to make the most of the technical capabilities of gadgets available to ordinary people. For this, the FreldoApp mobile application is being developed.

Freldo’s goal is to solve this problem by creating a social business network that provides small customers with the opportunities of large networks for free. Our network provides them with effective tools to promote and attract new customers. To bring the network to a new level, the creators of Freldo plan to introduce blockchain technology, using experienced professionals in this field. This new technology will establish a direct link between the seller and the buyer, excluding any interference or influence of intermediaries.

The idea of creating this new network was to unite representatives of small business and their customers on one platform, providing them with a convenient and functional online platform. Freldo provides great opportunities for its users: finding new contacts for communication and business, developing and expanding business, effective marketing with minimal investment, additional ways to earn money, access to anywhere in the world.

Why FreldoCoin (FRECN)

Each of us would like to invest in assets that differ on the one hand and offer high

profitability, while on the other offer good reliability. When investing in cryptocurrency,

we always try to understand on which real economic foundation the assets that have

interested us are based.

Speaking about the success of bitcoin, we recall that its distinctive features were:

The innovative essence of the technology of the bricks, first introduced in the
global market and accessible to all comers
Impossibility to forge this type of cryptocurrency
Finiteness of bitcoin emission
Constantly growing demand for a new tool for investment

However, not much time passed, and the demand for bitcoin soared. New

technologies have been actively used in many other places. Other promising

cryptocurrencies appeared. From bitcoin others began to invest elsewhere, and its

rate fell.

Everyone knows other bright success stories. For example, the shares of the

company Amazon in just six years have grown about 10 times. Why? Yes, because

Amazon was able to become the most powerful global company in the field of online

trading. And the very trade through the Internet at the same time experienced a

period of unprecedented rapid development.

Blockchain and smart contracts

The use of block technology and smart contracts in Freldo helps to achieve better service for network users. In particular, due to the blockchain technology, security is ensured with the safety of user data, and also when money transfers are made.

Smart contracts also simplify the procedure of transactions, save time and money on commissions. The convenience and security of smart contracts in the global network is beyond doubt.

Smart contracts are called self-executing contracts based on blockchain technology. Here, the agreement between the seller and the buyer is recorded directly in the program code. All information is stored in a decentralized network. Smart contracts allow you to quickly implement safe transactions and transactions between unrelated anonymous parties. There is no need to create a central regulatory body, a legal system or an external enforcement mechanism. Smart contracts make transactions tracked, transparent, and irreversible.

Business plan

According to the business plan, the funds raised during the ICO will be used in

accordance with a pre-compiled road map (see paragraph 9 below).

The Freldo development roadmap assumes funding for the development of all necessary functions for the social network and marketplace, creating multi-functional applications and interfaces accessible to all Freldo participants. It also provides for the development of its own technology blockchain and strong marketing support to attract the largest possible number of business and consumer representatives to the network as soon as possible.

Most of the resources will be used to create content, research and conduct marketing

and sales:

Marketing and sales
Hiring of qualified staff
Licensing and creating the conditions for the operation of the Freldo network exclusively in the legal field of different countries of the world
Maintenance of the system
Research and development. It is supposed to open a special center, in which only experienced professionals will work. Their task will be the design and development of smart contracts, cryptographic mechanisms, Freldo platform, applications, interfaces, etc. It will also be necessary to translate content into the languages of different regions of the world: Asia, Europe, South and North American

Token Sale

The sale of tokens is scheduled to begin at 9 hours 00 minutes (GMT) on July 16,

2018. Payment for purchasing of Freldo token is accepted in Ethereum. According to

the smart contract, FreldoCoin is automatically credited to the investor’s wallet.

In the main round of ICO

Soft cap – 4 000 ETH

Hard cap – 80 000 ETH.

Exchange rate – 1 FRECN = 0.0002 ETH.

Total amount of FreldoCoin is 800 million tokens (maximum).

The minimum amount of purchase – 0.02 ETH

During the Pre-ICO, a 50% discount applies.

The period of the Pre-ICO is from July 16 to August 16, 2018.