Bitcoin Forum

FARAD Ltd. (“FARAD”) is pleased to announce the launch of its Farad Cryptoken Swap starting with the Pre-sale Program on 25^th August 2017, to be followed by the Sale Program either starting on the 15^th September 2017 or earlier depending on demand received during the Pre-sale program.

In launching its Farad Cryptoken (“FRD”), FARAD will successfully bring together two technological innovations: Ultra-capacitor and Blockchain.  
The energy storage innovation which FARAD and it’s technology partners represent is in the invention, manufacturing and delivery of high-end ultra-capacitors, while the Blockchain will be based on Ethereum ERC20 Smart Contract.

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:

Pre-sale	Pre-sale program which will be conducted over a maximum period of 21 days starting from 25th August 2017, 13:00 GMT till 14th September 2017, 23:59 GMT
Sale	Sale program will start from the closing of the Pre-sale program or over a maximum period of 14 days from 15th September 2017, 00:00 GMT till 30th September 2017, 23:59 GMT
Sale Volume	1,280,000,000 FRD
Total Issue Volume	1,600,000,000 FRD
Distribution of FRD	For every 100 FRD sold in this offering, 25 additional FRD will be issued and retained for sponsor, team members, partners and advisor
FRD Offer Price (Pre-sale)	0.0005921 ETH / 0.0000559 BTC
FRD Offer Price (Sale)	0.0006579 ETH / 0.0000621 BTC
Website URL	https://farad.energy (https://farad.energy)
FRD Issue Date	7 days after the Sale closing date
First Quarterly Buy-back	20th March, 2018
Issuer	Farad Ltd., Hong Kong SAR
Program Executors	HK Beidou Aerospace New Technology Co. Ltd. Hong Kong SAR & Guangxi Beidou Aerospace New Technology Co. Ltd., Wuzhou City, Guangxi Province, PRC
Program Manager & Blockchain Developer	Virtue Fintech FZ-LLC, Dubai, UAE.
GitHub URL	https://github.com/VirtueFintech/FaradCryptoken (https://github.com/VirtueFintech/FaradCryptoken)

The interested individuals can participate with BTC & ETH through FARAD official web-page https://farad.energy. (https://farad.energy.)

Company Name	Farad Ltd., Hong Kong SAR.
Email	corporate@farad.energy
Twitter	@faradcryptoken
Facebook	faradcryptoken
Instagram	faradcryptoken
Slack	faradcryptoken.slack.com

Can you explain a little bit more on this?

suplly : 1,6b price 600sat  ??? Are u serious

Well, basically, 1 FRD is equivalent to 1mF (1 millifarad ), which is a right of 1 mF from the 80 million UCCs produced.
Normally, 1 UCC uses 2 mF or more.

What is "sat"? Sorry but i also want to understand your question.  :)

Yeah.
FRD Offer Price (ICO Pre-sale)   0.0005921 ETH / 0.0000559 BTC
FRD Offer Price (ICO Sale)   0.0006579 ETH / 0.0000621 BTC

It's only a few cents per FRD  :). Which means you can buy a lot of FRD in 1 BTC/ETH

Good token name, but I dont understand why farad needs... Could you explain to me in two words, please

2 words =:= Ultra-Capacitor Manufacturing

what is the relation between the UCC and Farad itself?

To many newbie here :D

UCC stands for Ultra-Capacitor Cell. And the cell is measured in millifarad. In our case, 1 UCC uses 2mF.

Well, everybody has to start somewhere...  :D

The Overview paper can be read from here:
https://farad.energy/download/en/FaradOverview.pdf (https://farad.energy/download/en/FaradOverview.pdf)

Damn, at first I understood FARAO = Pharaoh . Are you going to have bounty? When are you going to start the campaign?

No worries. We shall announce that later for the FARAD Real-time updates of Manufacturing data on the Ethereum Blockchain.
The campaign is already started in slow gear for now...and moving to the fifth gear during the Pre-ICO time, the August 25^th

Token free?

I'm really trying to see the utility in this project. Are you storing the s/n of each capacitor on the blockchain for record-keeping/warranty? Or are you crowd funding your capacitor manufacture business? I'm quite confused.

All the manufacturing of the UC will be posted on the blockchain in real time.
Each FRD purchase is a forward purchase contract of this UC, which starting March 2018, you can redeem back at a higher price.
This way, the FRD has a real floor value, which can be redeemed back in batches.

The manufacturing of UCs are not related to the ICO funding, except for extending the manufacturing capabilities from 5 lines that we have so far.
Only Line 1 of the manufacturing is being used for this ICO. Maybe extended to another line if receiving overwhelming response from the public.

Don't worry, everybody is asking the same question as this is the first ERC20 token that is mapped to the manufacturing process.

There are free FRDs for those who joined our roadshows. Please check the website for the roadshow nearest to you.

Thank you for interest. This is really the first ERC20 token backed by cash.
As for your offer, thank you, but we have the translations already done by our partners.

Please check https://farad.energy (https://farad.energy) for the rollout of languages.

Guys, can u pls tell more about that Ultra-Capacitor stuff on a newbie language?

Okay, I'll try my best.

First, on Ultra-Capacitor (UC):
Our UC is a patented technology, to be used in combination with battery to supplant the energy requirement for mobile phones, electric vehicle, IoT, etc.
Battery can store a large amount of energy, but can only dissipate them in small amount at a time - like a bottle, when you pour the water out, it takes time to empty the bottle, and it takes a long time to refill the bottle.
UC, on the other hand, is like a vase. You can empty the vase, and refill it again in a very short time.

UC is a small vase, and battery is a big bottle. That's the analogy. From the big bottle into the small vase for faster energy transfer, or recuperation.

Second, on FARAD:
FRD token is a forward contract of Ultra-Capacitor Cell. 1 FRD == 1mF.
When you're buying FRD, you have the rights to the Forward Purchase Contract for the UCC manufacturing.
It has a buyback value, so you really have a floor value on FRD.

Of course, FRD will be traded at exchangers after the ICO. You can sell at the participating exchangers, or sell back to us, whichever is higher for you.

Tell me more about the ultracapacitor? Is this related to the automotive industry? Do you have a research and production base? Or in the garage on the knee collect? What research institutions do you cooperate with? What team do you have? Why the capacitor, not the battery?

Okay, this is quite a long series of questions. I'll go to it by context.


Well, ultra-capacitor (UC) is just an energy storage medium that can store, and release very fast energy


The applications of UC is on any device that needs fast energy release, and restore/recuperate - from EV, mobile phones, military, etc.


Our research is done for the the past 15 years, and we hold 27 patents of UC, specifically metal-oxide patents.
Our patents have been used in productions for a few companies, and now we're mass-producing the UC ourselves.

• 4 Patents registered in China
• 15 Patents registered in Taiwan
• 8 Patents registered in USA

Here's an excerpt from our website: https://farad.energy (https://farad.energy)
Dr. Yao, is an expert in ultra-capacitor and energy storage technology. He has served in various research and technology positions in companies and higher institute of learning in China. He has a Ph.D. in metallurgy and materials science, University of Cambridge, United Kingdom.

Our patents are also being used by Apogee, for example.


We have a full research team in Taiwan, and China, just for UC research.


Capacitor alone cannot replace battery, as it has a lower power density than battery. A combination of UC AND battery is a potent one where we can have a very fast energy release, and a very fast charging of the battery when needed. For example, a Tesla car on Ludicrous mode with UC will be much more thrilling I can say. You can go ultra-fast with UC, and ultra-fast charging when needed.

Example Application of UC:

Imagine your iPhone can be charged to full in 10 minutes, but can stay online for 5 days.
That is one of the products that we're releasing out...

That's the power of Li-Ion combined with our UC.

Usage of FRDs:

All our products shall be purchased using FRD on our online store.
Using FRD shall entitle you to good discounts on our UC products.

what about bounty program?

No bounty at the moment. But you can get FREE FRDs by coming to our roadshows.
Please check https://farad.energy (https://farad.energy) for details.

Ok, one more question. Why do u think UC are gonna succeed?

Free tokens for joining roadshows that is amazing idea but unfortunately all are into Asian countries. You have any plan to expend that program and organize into European countries?

Yeah, Europe will be coming when the ICO started.
I'll keep the itineraries posted here as they're confirmed.

Thanks.

I think it's a matter of time. People are struggling with their power requirements every single second.

Think of solar panels inverter that be scaled down, and much cheaper than it is.
Think of Tesla cars, or any other EVs that need fast charging, and longer drive durations/miles.
...
The possibilities are limitless.

I kept charging my phone everyday to keep abreast with the world.
Imagine I can charge it for 10 minutes, and use my iPhone for 3-5 days without charging! That's a good relief isn't it?

True, sounds awesome :D

Exactly is... FRD is being sold in cents. So, a good buy I must say, and it is backed by real economic activity.
It has a floor value by itself.

Even when traded at exchangers, it shall be snapped up when it reached lower than floor values as each FRD can be redeemed back with cash from us.

Thanks for the info. Everything is very logical. I hope your research will continue to move progress. You have a perspective, environmentally friendly technologies are now supported by many countries.

there is a long time before ICO start ,i will keep watching this project

Not so long ago, the Russian millionaire Prokhorov, has already created the E-mobile. Supercapacitors were installed there, in which the energy was accumulated during braking, was given off at the start in the electric motors, according to the principle of recuperation. Several cars were produced. One was acquired by the leader of the LDPR Zhirinovsky. Now he broke off from him and does not know where to fix it. This car even drove, but the smoothness of the stroke and could not be reached, he rode like a tram, was very noisy.

Yeah, we do wasted a lot of energy, and money, by being inefficient energy consumer.

With UC + Battery, we use less energy, and recharge our device faster than we can currently, and use our devices longer.

Thank you for your support  :)

Yeah, I guess the technology is pretty much old.

On our side, we are the first in the world that make ultra-thin UC. You can stick it at the back of your mobile phone battery to get the UC paired.
Our thickness is 0.25 mm. Very thin.

Others that I've seen so far are rounded, very much like the dry-cell battery. Takes a lot of space.

We can stack the UC to make it into 100s of Volts, depending on our customers' requirements.

FACTS and TRIVIA:

UltraSLIM Type-1515

Operating Voltage:	3.3V
Capacitance:	2-6 mF
Dimension:	15mm x 15mm x 0.25mm

Is this coin not mineable??

FRD is based on Ethereum ERC20 Specification. If you mine Ethereum, then, FRD transactions may be part of it.

I had read the details and information of this project and I can say it was be a nice project. I know there are maybe many investors will
participate in this coming ICO.I hope the team can set the project to the ground. I will continue to pay attention to it and may also invest.

I want and will invest. Maybe you can do a presale?

BTW, what do think about UC´s build of graphene basis?

Good project but better if there is bounty campaign and sosmed and good luck.

who is the owner of the farad website?

Thank you for your interest in the project. Don't hesitate to ask more if you need to.

Thanks.

The Pre-Sale is happening on this 25th of August until 14th of September.
The wallet address, and the contract address shall be published a few days before that.

I will post them OFFICIALLY HERE.
After you sent your BTC/ETH, send your email on the transaction to k4lv0n3n@gmail.com

Thanks.

FARAD Website is owned by FARAD SPC. It is a company incorporated in Hong Kong.

Actually, by replacing graphene as the anodes and cathodes, you'll get more efficient power delivery, and power density as well.
Those are in our next generations of UC, coming out soon.

We shall be releasing some news on bounty later as it took us by surprise that many are looking for it.
We are looking at the best way to accommodate bounty into the program.

I'll keep it updated here.

No whitepaper yet?

Good project will definitely join.Following this thread.

Gonna be a nice project I believe. Definitely I'm gonna invest :)

Nice project, I think there will be a very big boom and hype.

Whitepaper: https://s3-ap-southeast-1.amazonaws.com/farad/en/FaradWhitepaper.pdf

You can find more information on https://farad.energy.

Whitepaper and overview of the whole program, including the buyback procedures are all there.

Thank you for your support. Pls get yourself acquainted with more information on our website - https://farad.energy.

This is the first of its kind. The main important thing is, it is backed by real cash, and real business activity.
Which means, you'll have a "guaranteed" floor value when you buy FRD. unlike other crypto tokens where values traded are speculative.

Thank you for your support. Stay tuned for the OFFICIAL Bitcoin wallet address and Ethereum Smart Contract Address to be announced officially here.

Definitely. Not many crypto tokens are this interesting. With buyback values, and eco-system that goes around the energy requirements of the masses. This time it's not based on hype anymore, but real business activities.

Please read through the overview paper as well. Tons of good information on FARAD Program.

https://s3-ap-southeast-1.amazonaws.com/farad/en/FaradOverview.pdf (https://s3-ap-southeast-1.amazonaws.com/farad/en/FaradOverview.pdf)

It says on the FAQ page that Farad FRD offers a guaranteed buy back higher than offer price.

How will this work?

Thanks

Yeah. The price offered is USD 0.125 cents per FARAD. The buyback is at minimum 0.145 cents.
You can sell back to us, or sell at the exchangers, whichever higher.

What this means is that, there is a floor value of FRD. If it goes lower than that, somebody will snap it, and sell it back to us at that value.

Ask me more if you need more clarifications.

What is the scope of this token?

Can i buy the UC with real money?

Sorry, I couldn't quite get you on the "scope" thing.

Lemme try to answer it anyhow. It is basically an ERC20 token on Ethereum Platform, tied to the real-business, which is manufacturing of Ultra-Capacitor.

It has its own floor value to make it less volatile when traded on the exchangers - the first of its kind.

Pls feel free to ask me more ya.

We only accept Bitcoin and Ether for this ICO.

You can get Ether/Bitcoin from your nearest Exchangers, and MAKE SURE you transfer it to your own wallet first.

Then, from your own wallet, you send to our Bitcoin/Ether address.

Make sure you send an email to k4lv0n3n@gmail.com after that, with your details of the transaction - Tx Hash, Ether Address, Bitcoin Address (if sending from Bitcoin).

We only accept Bitcoin and Ether for this ICO.

You can get Ether/Bitcoin from your nearest Exchangers, and MAKE SURE you transfer it to your own wallet first.

Then, from your own wallet, you send to our Bitcoin/Ether address.

Make sure you send an email to k4lv0n3n@gmail.com after that, with your details of the transaction - Tx Hash, Ether Address, Bitcoin Address (if sending from Bitcoin).


Where do i send my bitcoin/ether so i can get farad? 


[/quote]

When i say scope i reffered why is this token differently by others and i get answer. Where will be traded after ico ends?

Hi there really interested in this farad ico after reading the whitepapers and overview...can i buy with my ethereum contract..?

Ok, good to know that I answered your question. Feel free to ask more.

The FRDs are to be distributed to all FRD holders at a maximum of 7 days after the ICO has ended. The list of participating exchangers shall be announced during that same time frame.

The ICO Bitcoin Wallet address and the Ethereum Smart Contract address shall be announced prior to the Pre-ICO time, which is on the August 25th - Another 11 more days, give and take.

Stay tuned for the OFFICIAL addresses ya.

Yeah, you can. But make sure you wrote the contract to receive FRD to another single/multi-sig wallet address, and not to the contract itself.

If you need a code review on that, please feel free to contact me.

What is this exactly about? I think I don't understand the OP, to be honest.

Owh thanks will contact you personally..

What exchanges are planned after Ico?

This is an ERC20 token on Ethereum Platform, that maps the manufacturing of Ultra-Capacitor to the Ethereum Blockchain.

FARAD is the name of the token. It can be traded, it can be used to purchase items from our store, and the participating merchants later.

It has a floor value - Even when Ether/Bitcoin price goes to zero, you can still redeem it back from us for cash. That's the main difference.

There are a few exchangers that we are talking to right now - should cover all continents.

I shall announce those after the FRDs are distributed to all token holders.

Feel free to read the FARAD overview here:

https://s3-ap-southeast-1.amazonaws.com/farad/en/FaradOverview.pdf (https://s3-ap-southeast-1.amazonaws.com/farad/en/FaradOverview.pdf)

Thank you for your reply. I'll getback to you if i have any questions.

No worries. Feel free to ask more if you need more clarifications.

Wow, you guys have a crowd here.

One question from a newbie, how long do i need to wait until i can redeem it back for cash?

The buyback program is to be held every quarter. The first buyback is on the March, 2018.

Prior to that, all the audited financial reports, and audited manufacturing data shall be posted on the FARAD SPC website, as well as on the Ethereum Blockchain.


BTW, the manufacturing data are updated from the manufacturing facility to the Ethereum Blockchain on the real-time basis.

I see. Well i don't think that an immediate buyback is a wise move seeing that this coin value have a potential to rise up higher. Correct me if i'm wrong ;D .  I will follow this project further. And congratulations, Farad has just become a hot topic!

Yeah, agreed. That's why we timed the buyback per quarter.

If I understand the scope is still being written? Will this scope have a date on which it can be listed in the exchanges?

Well, not quite.

The whole white paper and FARAD overview are on our website - https://farad.energy (https://farad.energy)

The Pre-ICO is on this coming 25th, and the ICO itself is on the 15th of September.

Thank you for your interest in FARAD. Translation is already done by our partner, and the bounty program is being defined as we speak.

I'll keep it updated here later ya.

Thanks.

So, basically, you want to get about 842 000 ETH? Don't you think that's too much?

I don't know how you get that numbers, but combined with BTC, it should be around 300k ETH-equivalent.
It may double that amount, but it all depends on the demand during the ICO.

The topic is published as ico, however, I do not see any requirements that ico does not tweet the company's facebook, articles and even company signatures, is it ico or not? Why did you publish it here?

Yes. It is an ICO. We shall start the Pre-ICO on this coming 25th, and all the details about the project, the white paper, the overview are on our ICO website - https://farad.energy.

I have a link to the overview in my signature for you to view it. But more details on the website.

Good project but no bounty.. strange !

OP said earlier on that they're currently working out bounties. Think they still are

I have been pushing for some sort of bounties, but since the Marketing is being handled by another party, no such decision is being made, although everyone agreed that bounty should have been made earlier, and published together with this ICO announcement.

My bad for not being able to furnish the bounty details at the moment.

Pre-ICO is LIVE

Good day everyone!

The moment we've all been waiting for is LIVE.

We are happy to share with you the step by step manual to participate in the pre-ICO for your reference.

A gentle reminder, any contribution can only be done through our official website www.farad.energy. We will not be responsible for any swaps done via 3rd party or individuals. Thank you!

Step-by-step instructions on how to participate is on YouTube:
https://youtu.be/kfZsiz5a7Eg (https://youtu.be/kfZsiz5a7Eg)

Hi,

When I go to the website, I don't see any place to click register for the wallet. Where the "register" button shows up in the video I just see is a button to click for an ETH address, so I sent 1 ETH from MyEtherWallet to the address.

Will the coins be sent to MyEtherWallet address I paid from? Or do I need to contact support because I need to be registered on the actual website.

Thanks, looks like a great project!

Hi. If you're sending using Ether, no need to register.

Just click the Ether button for the official address.

Registration is for Bitcoin only as temporary Ether address shall be created to ease the FRD distributions. Users can then transfer from the temporary Ether address to their preferred wallet.

Thanks for your support.

I assumed as much, but wanted to be sure before sending more, thanks for the quick reply!

Thanks for supporting us. :-)

Pre-ICO offers 10% more values than the ICO. We got a few more days left. Hurry up.

Contributions can be made by following the instructions at https://farad.energy (https://farad.energy)
Click the participate button.

Serious project. Unfortunately, not everyone is ready to evaluate your project correctly. I think there are prospects. Energy for peaceful purposes.

There is a minimum amount and a maximum amount for the payment with eth ?
Thank you ever for the answer

But I find there is not enough advertising for the project on the internet  ;)

There is no minimum contributions of Ether, but for this Pre-ICO (now until 23:59 GMT, 14th September), to earn 10% bonus, minimum of 1 Ether is required.

On the marketing side, we're improving on this. We shall post the bounty program as well later.

Thanks for your support.

Thanks for your kind words. We are working on getting the message across in a much easier way, as it involved both on finance, and electrical/energy knowledge.

Can you give me please link to the bounty company, thank you

Tell me please will the bounty campaign?

Hello All,

We are pleased to announce a bounty purchase program for FARAD.

What do you need to do:

• Get your friends to participate in FARAD PreICO/ICO
• Register transaction hash from your friend's participation
• Get 570 FRD per 1 BTC contributed (pro-rated).

Registration can be done at https://goo.gl/sgdbSq (https://goo.gl/sgdbSq)
Join us on FRD BTC Bounty Reward at https://www.facebook.com/frdbounty/ (https://www.facebook.com/frdbounty/)

Thank you all.

From the website itself when you click on contribute:

"The minimum contribution during pre ICO is 1 ETH or its equivalent in BTC and FRD. Any lower than 1 ETH contribution by user during the pre ICO we will return back."

maaan.. 1.6 billion total coins...going to take mighty long time before it even reaches a dollar per FRD.. ::)

Well. You might be surprised.
It is backed by cash. No other tokens have that.

And, imagined if it goes a dollar. You buy now at 0.125 USD. That's 800% return. Man! It's good isn't it?

That is no longer valid. Any contributions during PreICO shall get 10% extra.

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

So, how do you want to compete with Skeleton -the Global Leader In Ultracapacitor-Based Energy Storage (www.skeletontech.com)? They already use Graphene in their products, you want to use Graphene only in the next generation of your products. Have you some advantages over Skeleton UC-products. What is your USP?

First, I must say that I like this post.
It says somebody is really reading the Overview Paper. Thanks.



Ok, UCC is Ultra-Capacitor Cell. And you need a few of UCC to produce CC. Take it as the first step of the building block, before any further product can be produced, engineered.

How you use UCC? Well, our smallest product, Model 1515, uses 2 UCC. Hence, 40mF is being used, and it is very small - 0.25mm x 15mm x 15mm
I'll furnish the details on Voltage and so on later.



Actually, the price is being calculated as a 90-day, Simple Moving Average. Not a weighted one.
As such, 1 FRD == 0.125 USD == 0.0005921 ETH.
You can tell that the value of ETH being used by dividing the 2 - 0.125/0.0005921 == 211 USD.

So, 1000 FRD == USD 125.

Why USD 211? That is the result of the 90-day SMA. Of course, this is calculated just prior to the Pre-ICO.
Why? Ether and Bitcoin are very volatile. That is.


1000 FRD == 0.5921 ETH. At the time of 90-day SMA calculation, it's just a shy of 120 bucks.



Like I said, we calculate this based on the 90-day SMA. And the value is always in Ether, then converted to BTC.
Only 1.28 billion FRD to be sold. If you calculate that, against 0.0005921, you'll get 757,888 max ETH, which based on 211 USD at the time of the calculation, it is about 160m USD.

Let me break it further:
1,280,000,000 FRD * 0.0005921 == 757,888 ETH
757,888 ETH * USD211 == USD 160,000,000

Hope that clears the air.

Good question.

We are the leader in Metal-Oxide Ultra-Capacitor from our patents. And we can produce better capacitance value per dollar, unlike expensive Graphene-based UC.

And UC is pretty much a capacitor in series, except the electrolyte now is already in electrostatic, and not on electro-chemical as per normal capacitor.
Our electrodes are symmetric activated carbon, which can store better charges as per Helmholtz double layer principle.

Now, since the UC are already double layer, and the electrodes are already in activated carbon, what may change if we replace activated carbon with Graphene?
Symmetric graphene as electrodes? asymmetric Graphene as electrodes?

We have all these in store, and even we have tested different electrolytes with rare-metal, rare-earth metal and so on.

I can speak more on this, but these are our trade secrets, to be revealed until the new patents are finalised.



If you looked closely, our Model 1515 is 15mm x 15mm x 0.25mm.
You cannot find UC this small. Most of them are like dry-cell batteries.

And we can stack these UCC into whatever voltages our client require, and still doesn't take a lot of space.

So you presure 40mF (or 20mF) into such a small space. Without checking numbers if you have designed it for the usual max voltages of a few volts that must result in a high(er) energy density storage. That explains the high price.

Would really like to know the energy density you archive and how you do that. There are physical limits.
That sounds interesting to me from a technical point.

The trick is the symmetric electrodes and the electrolytes components to produce "free range" electrostatic that move between the barrier fast enough.
Our patents include the use of Titanium, Tantalum and Ruthenium for the components - hence, higher energy density than UC from our competitors, and higher power density delivery as well.

I'm getting the technical documents so that I can furnish more details on the technical side. Stay tuned.

Thanks.

Message from Dr. Wan Hasni
FARAD Program CEO
31 August 2017

I am very glad and happy to see that the FARAD Pre-Sale ICO had started and moving well. It is very heartening and humbling for me to see the support of people who embark along with me in this journey.

Honestly, I have to admit that most people are new to blockchain ecosystem, and many that I met are first timers as far as blockchain is concerned. I took a very hard approach of educating people by going down to many places personally to talk about blockchain and what FARAD Cryptoken Program is trying to add to the blockchain ecosystems, particularly to the Ethereum Blockchain system.

It is extremely hard to explain to everyone, with diverse background and knowledge, first about blockchain, second, about FARAD Cryptoken, third about energy storage industry, and fourth about the economic model behind all of them combined. The FARAD Cryptoken project involved not only blockchain algorithm as its operational backbone, but another set of algorithm as well, which is what I would termed as “economic algorithm”. To put them together in simple form is never easy, and could not be explained in one go.

I kept on emphasising many times about building an ecosystem under FARAD program as it’s prime target and objective. However, an ecosystem might mean different thing to different people. Let me explain here so that the same meaning could be transmitted and clarified. A FARAD ecosystem means that the participants and users of FARAD or FRD as Cryptoken is widespread not only in terms number of people, but they are also from diverse geographic location, will be used in diverse applications particularly in the energy storage industry and generally within wider economic applications, and finally the use is based on economic rationale rather than pure speculations.

The creation of FRD Cryptoken is meant to be its “genesis creation”, which in essence, first to create a crypto-token (or general cryptocurrency), second, to create the base valuation, namely the “escrow tokens” which will be backed or linked to “manufacturing tokens”, and third to to allow options for FRD to be “converted back” to it’s base, should ever the need arise within a certain time and conditions. This “genesis creation” is actually will be over a period of three years (or thereabouts) while the corresponding manufacturing process is undertaken, and the escrow being filled up. After such period, FRD would then have the corresponding backing in terms of the escrow token balance. The reason I use the word: “tokens” here is to signify that all items are actually would be recorded on the Ethereum Blockchain, which means that the whole strength of blockchain such as transparency, audit-ability, accountability could be applied. All of these are linked together through what is termed as “Smart Contracts” within an Ethereum Blockchain systems.

One thing that may confuse people is regarding the usage of US Dollar as “base valuation” for the “genesis creation” of the tokens. This is actually inevitable, since the easier route to explain about Ether (or ETH) as the “base currency” is rather problematic due to high volatility of ETH (as opposed to say, US Dollar). Whereas, in real terms, the economic algorithms are linked to actual fiat currency valuations. This “dis-jointment” is what cause the confusions. In normal circumstances, it would be easier just to simply “peg” FRD to ETH. But then, that would cause a gap between FRD and the escrow program, which will be filled from a “manufacturing process generator” which is based on fiat currency sources. And those fiat currency will have to be converted back into crypto-currency, which in general case would be ETH or any liquid cryptocurrency. This is one part of the economic algorithm which FARAD is using. Furthermore, there would be other economic algorithm which will be applied as we go along (i.e. As the ecosystem developed), that is to introduce what we would termed as “FARAD Store”, which essentially would create a platform whereby FRD could be used as a medium of exchange within the store. The FARAD Store will follow after creations of FRD (within very near future). At the back-end of the “escrow token”, there will be what we would termed as stabiliser operations, which is normally would be termed as “treasury operations”. The treasury operations is linked to the FARAD Store, which in essence providing what I would termed as “buyer of last resort”, which currently are not available within any other cryptokens (or cryptocurrencies) in the market. All of these are generically termed as the “economic algorithms” that will supplement the FARAD program, which will be introduced and applied as the development of ecosystem is progressing.

I have to admit that, in order for me to explain everything in absolute details of everything would be extremely hard (for people to gather what is meant by the whole thing), and furthermore, I don’t like to put the “cart before the horse”. It will add further complications and confusions, to what already is a hard subject to most. To provide some level of comfort for some people, let me just simply make a promise here that I will explain step by step as we go along on this journey. Nevertheless I have to accept that lot’s of things must be taken on the face value for now; and I do that for the sake of ensuring that we don’t confuse people unnecessarily and complicating the subject beyond what already is.

Lots of the things I said here actually is written in the draft of my upcoming book, which proposed title is “Blockchain Economy”, that is planned to be published before end the year (currently under editing and finalisation). I will provide the e-book version for free to all FARAD participants, when it is ready. The book provides in clearer details of what is meant by the economic algorithms as I mentioned.

Best regards

Actually, Model 1515 is a custom product that we produce for our client in Japan and Korea.

• Japan - 3.3v / 1.5mF
• Korea - 3.3v / 3mF

The size is the same - 15mm x 15mm x 0.25mm



Our UC is an advanced Mixed Solid Oxide Electrode Materials technology. The activated-carbon electrodes are coated with Titanium for greater power and energy density.

It is basically an Electrical Double Layer Capacitor (EDLC) having Mixed-Metal Oxides of controlled proprietary composition deposited onto a Titanium Substrate by proprietary processes.

Okay, a bit on the technical characteristics of The Electrodes:

• Metallic Conductivity
• Extremely high surface area - 120m²/g
• High Specific DC Capacitance - up to 5mF/cm²
• High Mechanical Endurance - > 50kg
• High Roughness Factor - greater than 10⁴
• Corrosion Resistance comparable to DSA

Our Ultra-capacitor Characteristics:

The smallest, thinnest ultracap in the world, our UC features the highest power density and fastest rise time of all ultracaps.

• High Current Output capability >24A/cm2
• Extremely Fast Rise time <5μS
• Wide & Flexible Voltage range: 1~24Vb(per cap), no Balance circuit needed.
• Wide Temperature range: – 40 ~ +70°C
• Long Cycle Life: Over 3,000,000 Cycles
• Incombustible Electrolyte, no safety concerns
• Stack-up structure, Min. thickness ≈0.25mm (SLIM type).
• Exceptionally Stable Materials
• Unlimited Pulse Capability
• Hard Durable Coating
• Hermetically Sealed

Hi , thanks for your time here , wonder how can you prentend (at the time of ICO) 1 FRD have a value equivalent to $12.50 ?

It's 90 days Simple Moving Average bruhh. To counter the volatility effect in ETH prices. I think they wrote it in their website and the overview.  ;D

Are there any more platforms on the line and are China's platforms in the plan?

Hi. Actually the pricing is 1 FRD == 0.125 USD.
This is based on the 90-day Simple Moving Average of Ether value.

Hi, definitely China platform is among the target for us as the program manager.
Stay tuned.

thanks for answer , because lot of news about your project talk about 12.50$ , and i can't imagine how this can be.

look like to commercial news with bad value , people can imagine it will be this price after ICO. Seem a fraudulent way to get lot of invest

regards

This was quoted wrongly during the event that we had in Dubai, and carried by other news agencies.
The actual price is just 12.5 cents (0.125) per FRD. Not 12 dollars.

We have asked them to rectify the news again. But no response.
Talk about about bad journalism eh :-)

how much does one have to invest at least in eth ?  it is always a small risk  ;)
the minimum quantity should be quite high. Is that correct ?

Actually it is not. Since the price of FRD is at 0.125 USD, you can participate in this ICO with just 0.01 Ether :-).

Any lower than that is not worthwhile for both parties - taking the fees and all into calculations.

here you can also read something about the ico
https://www.applancer.co/ico-project/147/FARAD+Cryptoken (https://www.applancer.co/ico-project/147/FARAD+Cryptoken)
have fun while reading

Hello,

I'd like to announce that BitcoinTalk translation page is now commencing.
Please reserved the language section you want to post.

Ps: have to be rank member and above only.

Thanks.

What is exactly the usage of your Tokens?

Whitepaper? and first page? and website faq?

all written there;)

Will there be any problems with ICO? There is news that china is shutting down ICOs. I dont know if its for future ones or all current ones. Any info?

Is there a working product for your ICO? Or at least an Alpha/Beta?

The usage of the token is to be used in energy storage industry that we shall be announce after the ICO.
For a start, all the products that we have can be purchased using FRD for a great discount :-)

I shall make an announcement after this, pursuing the BoC announcement on the ICO as a whole.

Yes, we have a full manufacturing plant, and sold products, unlike just "idea" with many other ICOs.
Please see our published product list at:
https://farad.energy/farad-ucc/ (https://farad.energy/farad-ucc/)

Of course, more products shall be published after the ICO as they are approved for publications.

Bear in mind, we already secured big contracts for this UCC, and we shall announce it just prior to the ICO.
Basically, all UCC total swap volume is already bought, meaning, all FRD is already backed by cash.

What does it mean? Even when Ether value, or Bitcoin value is zero, you still be paid in cash for each one of the FRD you owned shall you participate in the swap back program.

Please read the Overview Paper (https://farad.energy/wp-content/uploads/2017/08/FaradOverview.pdf (https://farad.energy/wp-content/uploads/2017/08/FaradOverview.pdf)) for more information.


Stay tuned.

Yes, yes.

Please peruse through our website at https://farad.energy (https://farad.energy) for Whitepaper, Overview and Products list.

Make sure as well you read the Overview Paper (down there, in my signature), as this is hard to explain in a few words as it involved Electrical, Financial and Crypto Currency knowledge.

Thanks.

Announcement on Recent ICO Rulings

There had been a spate of rulings by regulators recently on the so-called Initial Coins Offerings (or ICOs), beginning with the United States SEC, followed by Singapore MAS, and now by the China central bank. In order to put things in perspectives, it is quite important for us to analyse and comments on these developments in regards to FARAD.

First, regarding the US SEC and Singapore MAS: the ruling is clearly meant for parties offering ICOs which in essence had the purpose and intent of the “coins” being a substitute for securities offering or share offerings. This is clarified by performing what is termed as “Howey Test”. Under the Howey Test, a transaction will be classified as security if:

• It’s an investment of money
• There is an expectation of profit
• The investment of money is a common enterprise
• The profit comes solely from the effort of the seller or third parties

Second, regarding the Chinese central bank warning: the warning comes at the backdrop of so many ICOs being offered by Chinese parties or entities, to the Chinese public. What is peculiar when comes to these Chinese ICO offering, is the aggressive use of the so-called “Chinese exchangers”, which basically functions as market intermediaries. These exchangers do take “fiat currencies” (i.e. Yuan), for people to subscribe to these ICOs, which essentially makes them to be operating in the “investments intermediation” business. The warning is clearly directed to many exchangers in China and the ICOs being promoted by or through those exchangers.

It is important to note that all regulations thus far, DOES NOT specify or makes cryptocurrencies being illegal or outlawed. What it does is to ensure that the public are not being taken into cryptocurrencies to be an investment scheme or investment program, with promised of returns on investments and alike. Many of the ICOs of late are being touted as investments and being promised with multiple times of returns on investments. And worse still, many ICOs thrived on aggressive marketing by getting people to buy the tokens with fiat currencies, and aggressively marketed as exchangeable to fiat currencies at its multiples. This what makes these ICOs to be vulnerable and becoming a highly speculative investment.

FARAD is purely a TOKEN SWAP program, which strictly defines that we only accept BTC or ETH as the tokens acceptable to be swapped with FARAD. We don’t deal with cash or accept cash. Furthermore, we strictly defined the conversion ratios between FARAD and ETH. FARAD is part of Ethereum ecosystem development, with the notion of stable tokens as its agenda. FARAD should not be seen and used as an “investment programs” or “investment schemes”. The risks of FARAD lies with it’s business model, that is building a healthy ecosystem backed by the energy storage industry, and reliance on the Ethereum Blockchain systems.

FARAD had clearly refused to be associated with any “cash exchangers” from the early days due to the risks of being identified as investments program (in China or elsewhere). For that, we may have suffered slacking demands coming from anyone with “cash exchanging” in mind.

FARAD is in essence a Distributed Autonomous Organisation (or a DAO), which means that it does not exist within any specific jurisdiction and neither any specific country; even though the parties supporting the FARAD DAO do have physical and legal jurisdictions. A cryptocurrency (such as BTC or ETH) is actually a DAO, and hence FARAD should always remain as a DAO.

Furthermore, FARAD had from beginning avoid the use of the word cryptocurrency, and instead use the word Crypto-Token or Cryptoken; and the reason is very clear - that is to avoid the misrepresentation of the usage of the label: “currency”. A Cryptoken is NOT A CURRENCY, by
any definitions of any forms of currency. Even though not a currency, this doesn’t mean that a Cryptoken may not have any value. A Cryptoken is a Digital Asset, or Digital Commodity. FARAD is a Cryptoken that fits this definition, and hence could have values assigned to it.

After the current TOKEN SWAP program, FARAD will continue to operates within Token Swaps framework. Token Swaps is an exchange between token with another token. For example, FRD would be directly exchangeable with any ERC20 tokens (such as ETH and alike).

In order to avoid any confusion, in the next immediate stage, FARAD will open it’s FARAD Store applications. FARAD Store, in essence is a store for exchanging FRD with goods and services, and it will also function as a Token Swap platform. This is among other things that will come in the way of FARAD, and all along I have been explaining about having FARAD to be functioning as a complete ecosystem.

We have designed and programmed FARAD to be confirming to these notions as described above, in order not to be caught in the current ICO frenzy and confusions surrounding cryptocurrencies.

Henceforth, under the current situation, I would say that FARAD is the right model of blockchain ecosystems; hence we should avoid any speculations related to other so-called ICO’s in the market. FARAD is NOT an ICO within most of those definitions (of investments), and in its essence, FARAD is a token swap program, and a program for building a healthy ecosystem surrounding it.

To avoid any more confusions, let us drop the words ICO from all of our communications.

Thank you and best regards,

Dr. Wan Hasni
CEO, FARAD Program & Virtue Fintech FZ LLC

Thanks for the reply on the ICO situation

I wanted to mention something that I think hasn't been expressed fully or in a correct manner. In terms of how FARAD is marketed I think it hasn't been marketed for the reason I became interested in the coin. The real world application of the coin. Most coins today are templates for others to implement under and you guys are using the implementation for real world, tangible, purposes. It may be the missing link that other coins are missing. If you push this narrative in your campaign I think you may get more buyers.

Just a suggestion. Take as you will :)

Yes. You're definitely right. We missed to highlight that point which is the main point why we're so different from other coins/tokens in the market so far.

Thank you for your insights and support.

why are there different eth addresses to deposit?  4 eth addresses for different continents?
why is it so. that interests me .

This is first time I'm doing ICO. I've already sent the eth over and have the wallet created but question now is do I need to do something during the swaps and all that? I'm confused as to what all that means.

Hi, yeah. We separate the contract by countries/continent as we have appointed official representatives there.
It's easy to track how much are coming from them, vice versa.

In any case, use "Rest of The World" contract address: 0x75542A5D1Ea42dAE3dB73077Ad62Ce20aC3097D4
Minimum contrib is 0.05 Ether

If you have sent them, the second batch is closing soon, and we shall be sending them out within 7 days of the closing date.
We're finalising Batch 1 now.

Only, make sure you're NOT sending from exchanger wallet. Send from ImToken. That's the best so far.
It will auto detect FRD when it received it.

Did it all change? I can recall i could login @ farad.energy and deposit BTC there. I deposited but haven't got any tokens yet and there is no way i can log in anymore?
What is up with this?

EDIT :
Found it , if anyone is interested where to find his login/wallet since it's nowhere to be found at the site ( still empty though, but deposit is there)
https://wallet.farad.energy/login

Hello, I just purchased farad token with IMtoken and was wondering in 4 more days How will I receive my Farad as IMTOKEN Wallet doesn't have Farad cryptoken wallet/balance on their menu? Could anyone tell me? Thanks in advance

Just make sure you are using a wallet that has support for ethereum. The farad token is based off ethereum. This is my first time doing a presale type thing as well, and I believe it just ends up in your wallet once the new token has been assigned.

How could this increase in value in the future? I don't like hype, I would like to see a good project with a nice future. I can see how your endeavour will push the limits of manufacturing and technology forward and possibly stand as a great example and model for other companies. But the token itself, why would it increase in value? (anyone reading this thread please answer if you have any idea) Also I wonder if you could make custom sized capacitors like 0.25x0.25x3mm for a small sized business. And I cant help but imagine other uses for this capacitor, like a Phaser or Railgun. Yeah.

This site is not working too. I contacted the Farad support center and they suggested using imToken wallet. I downloaded it and tried to enter the 15 seed words yet it gave me error, not sure what I have to do now. It seems my bitcoins have been lost.

Rest assured that nothing is lost. We have disabled the site as they were problematic than it's supposed to be.
Please contact support and tell us the issue, and they would guide you forward.

Yes, exactly. Please contact support if you've not received your FRD tokens.

ImToken would automatically shown any ERC20 as you received them.
The way it works is, they would get the contract details on Etherscan.io (I think, or their own Ethereum chain) and added the FRD details in the UI itself.

MyEtherwallet, you have to add FRD manually.

Minitiarization always create better Industrial design for the finish product. Other competitors' form of UC is mostly cylindrical, hence limiting the product design for the consumer products.


The token itself is backed by cash, and of course, the eco-system of the FRD itself makes it more interesting.
I can't share much for now to avoid speculations, but imagine when FRD can be used in your daily energy needs.

The possibilities are limitless.

Yeah, we have disabled the site now as we are no longer accepting BTC for contributions.
All BTC contributors have received their FRD tokens.

Please contact support if yours is none.

I heard about this project, but seems i am late to invest with BTC. Any problem to send via shapeshift?

Shouldn't be a problem using ShapeShift. But I would greatly suggest using ImToken after you converted to Ether and the configuration is automatic, and you can click advance to change the gas price and all.

How does one manually bring in the FRD tokens? It doesnt show up on myetherwallet, however when i use etherscan.io or ethplorer.io it shows that FRD tokens were sent to my address.

You need to add FRD token manually at the "Add Custom Token" section. Input these details:

Contract address: 0x0abefb7611cb3a01ea3fad85f33c3c934f8e2cf4

Token symbol: FRD

Decimals: 18

knows someone when the token can be traded and if so at which exchange ?
I can not find anything here at bitcoointalk. can someone explain it
and can you see or find it also coinmarketcap?

Exactly a month later promised. During preICO, the price of one token is about 0.1usd

ahhh. on etherdelta !  since it is already acted! is it the right token? I know the price of the pre-ico synonymous no longer
https://etherdelta.com/#FRD-ETH (https://etherdelta.com/#FRD-ETH)

How many have you collected?

Is there an update anywhere on how much the contribution is? I've been using ethplorer to check transactions out here and there.

Is this coin listed on exchange?

I do not want be a party pooper.
But on first glance this seems very shady.

Collect Tokens for making ULTRA capacitors?
This is fundamental problem in our society - energy storage. If they had good model of battery like device, they would be  in news and had private placement beyond any token dales.

you can even pay this token with paypal .I have not seen that yet at the ico.
10 days he is still running

The list of exchanger shall be announced on 7th November 2017.

What value does it have if it is been spread around public? In the future, Farad will introduce what they called FARAD Store. You can use the tokens to obtain or buy certain services and products from Farad's partner through Farad store. With the manufacturing of UCC, it creates a floor pricing on each token at $0.145. This function as a minimum earning for token holders. The value of every currency (or in this case, tokens), can only appreciate when there is more use for it apart from just swap back and trading. If you opt to use it in exchanges and get it traded against btc, eth, ltc, and so on is also an option. So with the farad store and exchanges in place, it provides continuity to the usage of FRD. And hopefully the products and services introduced in the Farad store can increase the value and of course provide longevity to the ecosystem.

Do join the Official Telegram Group https://t.me/joinchat/E5ORhEN6T6yqaAk8aKJkRQ for more updated info directly by the Farad team.

there is something new from farad for people who have no telegram. not everyone wants to have telegram.
or you can also read good news elsewhere

Hi,

I purchased some FRDs earlier this month, I checked etherscan and it shows the transfer but I can't see it in my mist wallet. Can you guys please help!

https://coinmarketcap.com/currencies/farad/#markets

russian reserved

1.6B Max Supply, 928 SAT, definitely awesome. This must be mineable.

FARAD has a future. Good luck.

Following...


Best regards

Okane Satoshi

1.6 billion supply at 1100 sat each??
lol,people are crazy really.

Here's a step by step guide to setting up a wallet and buying Farad tokens: https://getcrypto.info/farad/

You need to add FRD token. This might help https://docs.storj.io/v1.1/discuss/594c82abc804570021d22049

A MESSAGE FROM THE DESK OF DR WAN M. HASNI

On behalf of FARAD Program Manager, we are happy to announce that the FARAD Token Swap Program had been concluded October 31, 2017 with a resounding success. The total token Swap results are as follows:

Total token created for the program was 1.6bil FRD
Total distributed during token swap exercise was over 200mil FRD
The balance of 1.4bil FRD will be sent to the upcoming Farad Store, the first blockchain based market place.
The energy storage innovation which FARAD represents is in the invention, manufacturing and delivery of FARAD ultra-capacitors, while the Blockchain is based on Ethereum ERC20 Smart Contract.
A quick update on production line of the ultra-capacitors is that the semi- automated assembly line has been installed, while the more advanced fully automated assembly line is being manufactured and planned for full scale 24/7 operations in January 2018.
To further step up our efforts in the FARAD program, we have exciting news on FRD getting listed, the Smart Contract for FRD Redemption Program and our upcoming FARAD store.

Please see our official website https://farad.energy for the full report

I seem to see in this thread many people discuss about the price this coins. the price this coin pretty good with price USD 0.067 and that not bad. 
FRD i think very good coins and this is big project. i am here would like see this project success in a future.  :)

Thank you for your support. Yes, there will be more is coming from FARAD as we go along, plodding along the same line and sharing the vision.
They will see how valuable FRD will become in the future.😊

In which country this will be working? This will be for limited countries?

It is open to everyone except citizens of the US, China, HK, Malaysia and Singapore. Where are you from?

All FRD issued under the Token Swap are tradable in the markets beginning from November 7, 2017. Total FRD which are eligible to be traded are 200,000,000 FRD, which were issued to the Public and Program Manager.

The trading places are as follows:

1. Etherdelta Trading Platform: etherdelta.com
2. Decentrex Trading Platform: decentrex.com
3. Virtue Exchange Trading Platform: vxe.ae

We have chosen the above platforms as the first batch of trading platforms based on the following basis:

a. FRD is an ERC20 tokens based on the Ethereum platform. The above platforms (i.e. Etherdelta & Decentrex) represents about 30% of total ERC20 tokens trading volumes. Which means FRD is traded on the most liquid and vibrant trading platforms for ERC20 tokens.

b. We are promoting Pure Peer-to-Peer and decentralised trading platforms as they are the real future of any blockchain based coins and tokens.

c. We also believe that “pure” Peer-to-Peer platforms are better from the prices discoveries as well as fairness in price - since they are not controlled by large market players, which could influence the price behaviour of the tokens, which is evident from the price behaviours of many tokens traded on some of the major trading platforms.

d. At the same time, we are setting up Virtue Exchange Trading platform which will carry out similar practices of “pure” Peer-to-Peer Trading Platform, which would make FRD as its base token (beside ETH), which will then make it to be the main Trading Platforms for FRD. Virtue Exchange (VXE) is expected to be ready soon.

e. We have applied to other major exchangers for trading of FRD on their platforms, however the decision by them when FRD will be available for trade on their platforms hinges upon the volume and liquidity of FRD trading - which may be achieved after a few months of trade. We will continue in our engagement with them and announce the results as they come along.

I think you should add it in the thread more details concerning technology

Thank you for your suggestion. I will prepare a post for the technology. In the meantime, why don't you peruse around on the manufacturer website. Here is the link http://aerobeidou.com/

Worse are those who support such projects imo...

I wonder how can this be? Trading volume was 3000$ and the capitalization has grown 90.000.000$. This is very strange!

This usually happens if someone buys from himself. You did not think about it that growth is just for attracting people.

IMPORTANT ANNOUNCEMENT FROM OUR CEO, DR WAN M. HASNI

In addressing certain inquiries as well concern expressed by FRD holders, Dr. Wan M. Hasni has penned down his personal replies. Today, he will talk about the cryptocurrency market and exchange

CRYPTOCURRENCY MARKET AND EXCHANGERS

1.   Cryptocurrency (CC) market is extremely volatile and new. Therefore, we can see too many volatilities in the markets, wherein last 30 days BTC is up by about 35%, ETH up by 16%, BCH (bitcoin cash) by whopping 250%, and so on. Such environment is clearly wildly speculative and very unhealthy for the CC market. We expect that the volatile market will continue and unabated for quite some time. So far, CC market exhibits zero-sum-game scenarios - whereby my gain could be somebody else loss (or vice-versa).

2.   FARAD is within the same ecosystem, but not at the centre of the storm. The expectation to “pump-and-dump” is high among some participants - which is for FRD to shoot up in price in a very short time and some people will then dump it, in hopes of high and quick returns. The “dump” will only be done on someone else, who will then have to face the possibility of losses.

3.   CC is actually a Peer-to-Peer system, whereby all transfers of coins or tokens are among the CC community. Many large exchangers are operating NOT on Peer-to-Peer principles, whereby they operate through “market-makers”, which pushes the prices of some tokens to the “roof” then suddenly the prices collapse without any recovery thereafter. All “big-exchangers” are practicing a very unhealthy practice which is tantamount to “market rigging” and “price-fixing”. On that score, all “centralized exchangers” will be put under regulations by their country of origin at anytime soon. (We expect that spates of regulations are coming within the very near future. China already banned the “centralized exchangers earlier). In fact, the SEC did make some remarks that these exchanges are involved in some “unfair market practices”.

4.   For that reason, FARAD team is pursuing centralized exchangers with much caution and care. First, to avoid any “pump-and-dump” behaviors, and to avoid any unhealthy market practices that will affect the long-term prospect of FARAD to be within “Stable Token Agenda”.

5.   For this reason as well, we promote FARAD to be listed on pure Peer-to-Peer exchangers (EtherDelta and Decentrex), because in our analysis, these are “autonomous exchangers” where everything is transparent and can be seen and observed by the market participants.

6.   However EtherDelta and Decentrex suffer from another element, that is there is no market making, which “match the order books” in a sequential manner. Anyone can match any orders at any prices as he or she wishes. This is a major defect of such Peer-to-Peer exchangers. That’s why we can see FRD trading at some ridiculously low prices or at times at ridiculously high prices. In other words, there are no clear senses of mark-to-market prices. For this reason, we can see some people commenting on prices “too low” and commenting why that is the case. It is not about prices too low or too high, it is that the order book is not being filled (or matched) in sequential orders.

7.   To fill this void, we plan to launch a “sequential matching of order book” Peer-to-Peer exchanger under Virtue Exchange of Blockchain Digital Assets, because that is what is currently missing within current Peer-to-Peer exchangers.  

8.   We ask FARAD holders to be patient because to set up such exchangers with the proper market mechanism, and yet avoiding the pitfalls of major exchangers is no easy task, but we will surely be up for it. We need some more time to finalize the codes and test them before it can be fully operational.

9.   Virtue Exchange will also be available as a Distributed App (DApp), which is currently non-available among other Peer-to-Peer exchangers.

10.   Among the features of Virtue Exchange is for participants to deal with the trade directly from their ImToken wallets (or any other third party wallets). This is currently not the practice of any other exchangers (major ones as well as Peer-to-Peer), whereby you have to deal with “their designated wallets” from your private wallets. There are many other features that will be introduced to overcome the defects of these existing exchangers. For that, we need a bit of time and we ask for some patience as we work to provide you the best services we can offer in the market.

NOVEMBER 20, 2017 - The Farad Programme is pleased to announce a significant new contract has been awarded to HK Aerospace Beidou New Energy Technology Co. Ltd., (‘AeroBeidou’) with a top elevator company in the world.

This huge win ensures that Aerobeidou can easily cover the full 36 months swap-back program with Farad holders without relying on any other contract.

The US$ 248mil supply contract was signed between Aerobeidou and Guangzhou Kone Elevator Co. Ltd. on January 23, 2017.

Aerobeidou is to supply 30,000 units of Ultra-capacitor Emergency Cell Module and the equivalent units of IoT software to Kone.

These will be installed in Kone’s current and future escalator products.

To recap, the original token swap contract is 1.6 bil FRD tokens.

However during the Farad program, only 200mil FRD tokens were sold.

Under the contract manufacturing and sales agency agreement for the swap-back program, Aerobeidou agreed to act as an agent to sell the tokens at a price of US$ 0.145 per MF (each FRD represents 1 mF). 

Therefore, the value of the Kone contract is three times more than the 36 months swap-back program.

Dr Wan M. Hasni, Chief Executive Officer of Farad Programme, said the contract provide an assurance to FARAD holders that the swap-back program will commemorate as planned at a swap-back price of US$ 0.145 per FRD (redeemable in ETH equivalent at the time of redemption).

“We are delighted to announce such good news to our token holders and we look forward to forming more of such partnerships in future.

“Farad is always in search of innovative and top-of-the-market ideas in expanding its programme to benefit our contributors,” he said.

For more information on Farad Program and the Farad Ultra-capacitor project, visit our website at www.farad.energy or https://farad.energy/farad-ucc/.

Double Your Investment, Double Your Return Instantly

Why you must buy more FRD?
FARAD offer their participant to participate in Swap Back program where you can double your investment instantly. For your information, many people trade their FRD with such a low price. So why you should buy more when the price is at downfall?
The selling price during ICO is USD$0.125, and Farad offer the price in the Swap Back Program is USD$0.145. There are some people trade their FRD with the lowest from USD$0.06 which is cheaper comparing to the ICO price which you might get 1000FRD for USD$64.06.
Imagine if the profit that you will get if you buy more now.
Farad offers their contributors capital-guarantee.

Trade now at EtherDelta (https://etherdelta.com) or Decentrex (https://decentrex.com)

The wait is over! We are now on HitBTC
https://twitter.com/FARADCryptoken/status/936925442065309697

IMPORTANT ANNOUNCEMENT BY OUR CEO, DR WAN M. HASNI

With the high demand of the Farad token (FRD) holders for FRD to be listed on major exchanges, I am happy and proud to announce that FRD is officially listed on HitBTC Exchange at www.hitbtc.com. https://www.youtube.com/watch?v=twgOzO5scwI&feature=youtu.be

How much did this ICO raise in USD?

i think its a really nice project. Combining the actual technology with the blockchain. I am excited. Good luck to the developers.

Why they make a big mystery about the market cap? Nobody in the support could give me the answer to this. I really like this Technology and think that this is the future of transistors, but I would like to see a transparent statement about the cash

Total of 200,000,000 FRD has been issued which amounted to USD$25,000,000

There is no mystery at all if you read the Whitepaper and Overview prepared from the beginning. The market cap is 1,600,000,000 FRD. The total FRD issued is 200,000,000 FRD which amounted to USD$25,000,000. The balance of 1,400,000,000 FRD tokens, which were not distributed, have been burnt. The tokens have been burnt through a wallet without a private key, making the tokens inaccessible and unavailable to be used forever.

.

Let us take the opportunity to invest in this great project. In addition to a promising and necessary branch in the new times, the Team is committed to take us very far with

Thank you for your support and trust on us FARAD. Yes, many more to come after this. Just stay tuned.  ;)

I hope that with this price farad token will continue to increase over time, because until now, the price is much lower than when I bought it during token sale, this is very disappointed me, hopefully everything will run better

It will when the Farad Store is up and running soon. Stay tuned.

Same here... sometimes its better to buy an ico when it appears on the exchange list but this is not a bad sign in this case. They are baked with real Economic goods we invested in and the money is not digital anymore, if People Stop believe in this Project the price will go down like they trade, should be a better correction via burning

I Really want to talk to the marketing of FARAD:

You got such a good project to get people invest in.. Please bring more real pictures of the Development and more Information every day !!

I want to get some FARAD how to get or buy that coin ?

You can go to www.coinmarketcap.com, search for Farad, click the 'markets' tab, and the various exchanges are listed.

for now you can buy farad on 3 exchange this
HitBtc: https://hitbtc.com/exchange/FRD-to-BTC
Decentrex: https://decentrex.com/#FRD-ETH
Etherdelta: https://decentrex.com/#FRD-ETH

1. When does the payment happen after the swap? In march or when the total is reached?
2. Is the value of the ETH paid out calculated at time of swap or whenever ETH is paid out?

Need to be more clear on these

http://fs1.directupload.net/images/171230/2gfwispf.jpg

It all looks very good. I think the course could develop very well in 2018. There are always updates.
then there are already 3 exchanges. other ico only have one exchange. I will buy another token the next few days.

Hi there.

1. Any token holder who participates in the swap back shall receive their respective Ether on March 2018 regardless whether or not the limit has been reached, they will still receive it in March 2018.

2. FRD swap-back price = US$ 0.145 per FRD redeemable in ETH equivalent at the time of redemption. Conversion will be based on the average seven days best price from top 10 most liquid ETH exchanges on best effort basis.

hello

Can someone please explain why I would want to swap back...Do I have to swap back?
I have a few Farad is it good to keep them?

They collected Eather when 1 eth = 300$.
Now 1 eth = 1,000$ (3X), it might be 4x or 5x in March.
They finished the swap back but instead of paying back now as mentioned on their website, they want to pay back 0.145$ in March to gain the maximum they can for ETH/USD value.
Simply they will give 30% in USD from their etherum profit.

The Swap back program is an option that FARAD provide to their token holder. This is to build trust to the token holder as FARAD is backed by real-economic activity which is the production of Ultra Capacitor Cell (UCC). It's up to your personal judgment whether you want to join or not.

If you ask me, I would recommend you to keep them for now as it is a long-term investment. The value shall rise when the product is out to the market.

I am skeptical about this project. The authors say that they have created something that is incomparably better than any of the known ways of storing energy and giving it away. If this is truth, I would like to see a video showing where is production place, how it works and the experiment, which one clearly confirms the efficiency of this product.
Why at your YT account you can only find movies there where someone speaks or animates.
For trust, I need clear scientific explanations and showing the movie how it works and what is the advantage of this technology

I am sure, someone from Farad support reading this topic. Farad team, could you give answer?

You can check one of the video at Youtube. The link is https://www.youtube.com/watch?v=lCyKDjnKgrE . You can also go to the official website to check it out at the Whitepaper and Overview https://farad.energy for more information regarding Farad ICO.

Thanks for answer Sir but I have already seen all your movies on YT and have browsed the whole page. I think that you should record the video on which you will show your product and its performance, and the principle of operation. It is very important for investors.

Have you joined the Official Telegram group? Maybe one of the admins can provide you videos or picture of at least the factory in China.
Let me help you with the links: https://t.me/joinchat/E0yNnkN6T6w4MEKnEnwJTA

Got a weird E-Mail from marketing@ip2pglobal.com about Virtue Fintech project....saying its the program manager Aiman of FARAD ICO. Is that true?

Or does a scam try to taint your project?

why the team of farad or the company of capacitors doesn't put a huge order with 14.5 on the platforms and let the people swap back instead of waiting for months to swap back  and the price of ether will go up for sure ... why do that team seams to be farmers for me with no knowledge of currencies markets ???  ???  ???  ???

The email that you receive is not a scam. Yes it came from Virtue Fintech, the program Manager for Farad and also to the upcoming new ICO which is Tawarruq (TWQ). Please have a look at it. Its quite interesting.

Aerobeidou had already had a huge order, one of them is with the KONE Elevator worth of US$ 248mil signed and they are already working on it as we speak. Selling the product to them (KONE) will require some time to obtain the money which is why we need to wait for a few months before we can pay on the swap back. Regardless of ether price going up or down, we will still buy at $0.145 per ether equivalent.

This shows that we are capable of doing so and we are backed by a real economic activity.

excuse me sir ... but i don't think FRD will go up in the market if you kept the investors money for months to give them back less than the ethereum rate ... and so will not go up with two exchanges platforms .. and it was a mistake running after your company and El Etehad newspaper in Dubai .. i want to replace my FRD with Ether now and for 14.5 without waiting ... can i ?   >:( >:(

After months only 2 exchanges and 1 of them is Etherdelta....wtf guys. Do your job. This is so disappointing in so many ways. Incapable team?

Is there anywhere I can go to read up on any updates on the project?

You can join the official telegram group: https://t.me/joinchat/E0yNnkN6T6w4MEKnEnwJTA
or follow their FB page: https://www.facebook.com/faradcryptoken/
or their Twitter account: https://twitter.com/FARADCryptoken?lang=en

You can also have a look at the website itself: https://farad.energy/

The team is working hard to be listed on a new exchange. We have received a good response from them. We will announce when the exchange is ready to list FRD.

Thanks! I had checked the website but it won't seem to load. The Twitter/Telegram/FB are good though, so thank you.

are you a part from FARAD team ?
i see you know a lot about FARAD ,,
and is there any news from farad at this moment ? because today farad price is growing hard
thank you

the POWER!?!

Where could I find the smart contract address for the redemption?

It's too late?

Why nobody replies???

You can check the updates on:
Website: https://farad.energy/
Telegram: https://t.me/joinchat/E0yNnkN6T6w4MEKnEnwJTA
Facebook: https://www.facebook.com/faradcryptoken/
Twitter: https://twitter.com/FARADCryptoken?lang=en

Thank you Cheddur team adding Farad to your app. We will look into it and assign one of our team members to manage Farad profile in the app. 

Could someone confirm the swap back program is dead?

Why is price jumping up and down? Poeple are you selling, or what? or just owners?

The token name is very good, but I do not really understand why needs Farad ... Can you explain to me wisely

Greetings all!
It is a crypto exchange is very nice! Amazing approach, credible activity.

I am not invested into this coin (lurking the coin though) but this might interest you guys: https://deadcoins.com/
Farad is in this list under Deceased....either its true or the devs might want to give a statement to this...

So is this shitcoin dead or what

Swap.Online: Final Countdown to the Mainnet
The Swap.Online crypto OTC marketplace is to be launched on the mainnet for the first time in a couple of weeks. So, let us tell you a few words about our final preparations. https://medium.com/swaponline/swap-online-final-countdown-to-the-mainnet-d2b3c2c30cea

The token's value will be set by the performance of the new technology that they are developing. They aim to introduce ultracapacitors, reusable devices to store electrical energy. As the need for electric energy and it's storing is constantly growing, such technology can surely find it's market. The project will be fully accounted on the blockchain which will give the transparency for investors. I find it revolutionary in a way as they can contribute to the better energy managment and introduce blockchain technology to modern manufacturing companies.

Virtually all cryptocurrencies that come into existence offers same advantages like anonymity. Farad stands out from the crowd since it claims it will be backed by real economic activity which is the production of ultra-capacitors. Even though it claims it will be backed by an economic activity, there is likely to be some form of scepticism since the funds generated will be used in purchasing/setting up the factory especially since little is known about them. People might be reluctant to buy into what has not even been set up especially since any problem can come up along the line that will hinder the start up of the factory.

Scam..