Frink

Unknown

"ICO coming soon"

Frink’s mission is to provide a secure, fast, scalable, stable, decentralized, and customer friendly digital currency and digital IDs.

Everyone starts with an equal number of Frinks just waiting to be claimed. Money paid to miners will be evenly paid to the users who secure the decentralized network.

Frinks are economically strong, energy efficient, without transaction fees, have more stable prices, and are highly scalable.

https://frink.global/

Blockchain

Own scalable and energy-efficient blockchain with high-performance and low-bandwidth, from researching Ethereum and Cryptonite.

Social identity

- Similar to BrightID but closed source (intend to open source afer launch)

- Private Decentralized ID created from analyzing links and referrals

Social mining

- Proof of Person Mining enables everyone to mine Frinks with equal mining power creating maximum decentralization
- Frink pays users ₣1000 for linking friends and more for referrals

Token economics

- Price set for pre-ICO
- Project pays 1000 frinks to everyone who joins to mine

Governance

Community of miners with protection of their social graph

Key people

Matt Czarnek
Iban Eguia

Locations

US

OpenUBI aware

No

Links

https://frink.global/whitepaper

Notes

- Frinks can be spent anywhere bitcoin is accepted, through services like Shapeshift.io and Changelly
- Goal to reach 10M people