Frey is a blockchain product built by the DAO community based on blockchain, dedicated to building a decentralized virtual world on the chain, such as Frey DAO, GameFi, NFT, and there will also be plans including but not limited to Frey Pocket and Frey smart chain in the future.
FreyCoin main line of comparison lies within the traditional gaming market with the same players being targeted as audience. They are innovating a new unobtrusive way of connecting an exciting virtual world to blockchain features. Frey has the potential to attract millions of gamers, and an associated greater opportunity for revenues.
The live Frey price today is $1.02 USD with a 24-hour trading volume of $24,894.88 USD. They update to USD price in real-time. This is up 1.15% in the last 24 hours. The current CoinMarketCap ranking is #5265, with a live market cap of not available. The circulating supply is not available and a max. supply of 300,000,000 coins.
If you would like to know where to buy Frey at the current rate, the top cryptocurrency exchange for trading in Frey stock is currently DODO (BSC). You can find others listed on crypto exchanges page.
Here is the world we built
FREY is a virtual ecology, aimed at the diverse gaming community which can get easily onboarded from regular platforms. They have the potential to attract millions of gamers, and an associated greater opportunity for revenues.
They have a strong product roadmap ahead and a top team to execute a strong vision to build a unique virtual world gaming platform where players can build, own, and monetize their gaming experiences and spread the power of blockchain as the lead technology in the gaming industry.
Decentralized autonomous organizations (DAO)
DAO is a type of contract (or a set of contracts) in the blockchain, which can make rules, enforce or automate some organization-level work including organization management, fund raising, practical operation, expenses and expansion.
Targeting on a global scale
Frey is not to be seen as a game platform for blockchain players. It is first a decentralized aggregation ecology for a large global audience of players in general. Absolutely no prior knowledge about cryptocurrencies is needed. Because of that, they compare mainly with the normal game market, and target the same players. A much bigger audience than previously seen in the field of blockchain gaming, and an associated larger opportunity for revenues.
Truly public DApps
Frey Coin is the first attempt to create truly public DApps with an exciting virtual world that would attract first ordinary players, secondly blockchain enthusiasts and GameFi nerds. It has a light and intuitive interface with a variety of features to explore. In Frey, only you will decide on how much you want to be involved in the game’s decentralized features and DeFi.
The DAO-based decentralized forum
Based on DAO, Frey will enable a decentralized forum, where users will be able to discuss the any activities, figure out the upcoming voting’s schedule within the Decentralized Organization, search for new friends, etc.
As a decentralized platform, FREY management structure is supported by a completely transparent decentralized autonomous system. This structure allows each ecological user to have a clear understanding of all the technical architecture and value circulation within the ecosystem, and fully reflects the credibility value of the blockchain.
Meanwhile, They does not rely on any organization or individual, and uses credible technical means to publicly record all information on the “public ledger”, thus solving the trust problem and providing credibility traceability.
FREY is a virtual world where players can build, own, and monetize their gaming experiences in the blockchain (BSC) using FREY, the platform’s utility token. The vision is to offer a deeply immersive ecology in which players will create virtual worlds and games collaboratively and without central authority. They are providing creators true ownership of their creations as non-fungible tokens (NFTs) and rewarding their participation with utility token.
In the current game market, the centralized ownership and control of user-generated content limits creator rights and ownership. Central control over the trading of virtual goods created by players restricts them from generating fair value for their creations. Compounding this, it can be difficult to prove creative ownership of works, especially as content is copied, altered, and built upon
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.