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Freed

Integrated Blockchain Gaming Solution

The FREED project is a public shared economy platform for efficient utilization of computing resources by non-monetary motivation of resource owners. Bitcoin mining uses up more power than 159 countries in the world 1. The computing power of Bitcoin network is 14 million TeraHashes per second, for Ethereum 150,000 GigaHashes 2 that means an equivalent of 5 million 1080 Ti cards. The total amount of computers involved in supporting blockchain transactions is calculated in the tens of millions. The Bitcoin network alone generates 1800 Bitcoins per day 3, that’s about $30 million per day and 10 billion per year. Even if a blockchain project does not use mining it has to support the infrastructure.

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About Freed

Blockchain-based grid computations such as CureCoin, FoldingCoin, Golem, SONM, iExec have to attract users for the computations. Total capitalization of these projects is about $900 million.

Blockchain-based storages such as Storj, Sia, Filecoin, MaidSafeCoin have capitalization of more than $1 billion and have to attract users for storing the data.

FREED enables for growing the blockchain-based and grid network for any blockchain or compute project by providing gamers’ computers for that purpose. The FREED Blockchain allows one to coordinate tasks, pools and billing and dynamically distribute the workload.

Game developers gain a new model of monetization for those gamers who don’t pay for their games and in-game content. The game developers have the opportunity to gain income by exchanging their gamers’ computational power for FREED tokens, which are earned for computational tasks.

Gamers get unique in-game values and have better gaming experiences.

FREED token’s value is linked to the number of gamers and number of blockchain and HPC projects using FREED resources for sustaining blockchainbased computations and storage. With the growth in the number of users and projects, the token grows.

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