Company Information

Get to know FairCoin

FairCoin (FAIR) is a decentralized cryptocurrency launched in 2014. It was closely associated with FairCoop, an open global cooperative aiming to create an alternative, more equitable economic ecosystem. Unlike many cryptocurrencies, FairCoin uses a unique consensus mechanism called Proof-of-Cooperation (PoC), which is designed to be more energy-efficient and collaborative than Proof-of-Work or Proof-of-Stake. The project's mission was to provide a stable financial tool for activists, cooperatives, and solidarity-based economic initiatives worldwide. However, active development and community engagement have ceased in recent years.

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Crypto CryptocurrencyPRIMARY
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FairCoin

United Kingdom

Founded in

2014 (12 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.