I'm LawBC.
FRN wasn't a scam. Back in January 2016 we did no ICO and funded everything from our own pockets. Not a single FRN from the premine have been sold. The project was simply too expensive and we got virtually 0 help from the community. Finally our mails, server and my BTCtalk account have been hacked by a lowlife "developer" from India I used to work with. Stabbed us in the back. This was the nail in the coffin.
I apologize to the people who believed in us. I am also very sad about the result. With more funds I'm sure we could have make something great.
I don't endorse XFR and they are using our visuals, logos and brand name illegally. As this is a registered brand (La Monnaie Libre).
If you want to build your own project, do it from scratch.