MFCoin (MFC)

MFCoin (MFC) is a cryptocurrency associated with Freeland, a virtual democratic state that operates on decentralized multichain technology. The primary goal of MFCoin is to create a new society with up-to-date means of management and control. It aims to challenge the rigid systems of traditional jurisdictions and establish a user-friendly jurisdiction with innovative financial tools, smart-contracts, and consultative voting. MFCoin operates on a hybrid proof-of-stake (POS) and proof-of-work (POW) mechanism, with a hashing algorithm known as MTP. It has a block time of 2 minutes and a total supply of 100,000,000 coins.

Freeland, the virtual state associated with MFCoin, seeks to create a new form of e-agreement called the Public Agreement, which aims to introduce change and eliminate the issues of corruption and crisis associated with traditional jurisdictions. As a virtual jurisdiction, Freeland operates outside the bounds of existing jurisdictions, but with the potential for interaction with them in the future. The project’s ultimate objective is to change the status of the virtual jurisdiction to a territorial one within the framework of international law. MFCoin offers its users the opportunity to participate in the buildup of a user-friendly jurisdiction and gain decision-making rights within the financial system.

MFCoin provides various unique features, including the creation and execution of financial tools and products, open exploitation of informational perks through smart-contract execution tools, and the acquisition of a consultative voice in legislation and charter buildup. It also offers opportunities for high capitalization of personal assets invested in the financial system and participation in a user-friendly jurisdiction for existing businesses. Through MFCoin, users can become part of an initiative with significant resources and have the potential to reclaim a new market niche without corruption or unethical practices.