FRD sets itself apart from other cryptocurrencies since it is backed by real economic cash flows. Each FRD represents a right to the forward production of Ultra-Capacitor Cells (UCC) defined by the millifarad (mF) of the UCCs.
80 million UCCs will be manufactured over a period of 36 months, producing a total of 1.6 billion mF.
FRD will be offered for sale based on the timetable below:
FRD Offer Price (ICO Pre-sale)
0.0005921 ETH / 0.0000559 BTC
FRD Offer Price (ICO Sale)
0.0006579 ETH / 0.0000621 BTC
The production?1 FRD = 1 mF
You produce 1.6 billion mF that is 1.6 million Farad
You produce 80 million piece.
So 1.6 million Farad / 80 million pieces = you produce UCC of 0.02 Farad or 20mF. This are normal capacitors not UCC. UCC are in the range from 1 Farad upward to 3000 Farad. Despite what is the capacity worth without mentioning the voltage or energie (definied by capacity and voltage) it can store!?
The Price?1 FRD (=1 mF) you offer for about 0.0000621 BTC which with current BTC price of 4600 dollar makes a price of 0.28566 dollar per mF
For a 0.02 Farad piece that makes 20 * 0.28566 dollar = 5.7132 dollar. This could only be justified if it is an ultra high voltage capacitor which UCC are not. They are very low voltage.
1 Farad you sell for 1000 * 0.28566 dollar = 285.66 dollar
You get 1 Farad capacitor (super capacitors) in normal stores for about 1 dollar.
The Money you get?1.6 billion FRD * 0.0000621 BTC = 99360 BTC
99360 BTC * 4600 dollar = 457 million dollar