(FRND) is Friend network token, a multi functional token on the Friend Network which you can acquire as a rewards by sharing resources and by running Friend Core servers. It will be use in the Friend Store that aggregates available services, resources and applications in a web store where users and developers can trade using FRND tokens, fiat or invoice.
The Friend Unifying Platform aims to become the easy-to-use unified on-ramp to decentralized applications, functionality and storage. Friend Store will be a marketplace for templates, applications, data and knowledge. Having said all that, the steady progress of the decentralized Friend Network is also what everyone should consider for a platform future to be stable. The team focuses on the further development for over three years, it is already operating commercially for customers. Friend provides developers with a powerful open source framework that will allow freedom from technology silos. Friend makes Ethereum, and Blockchain based projects in general, more accessible and developer friendly.
Friend have chosen to do ICO in Norway as it is a very digitally friendly nation. The Norwegian values of trust, transparency and austerity is well aligned with Friend’s values and the purpose of blockchain. Private companies in Norway must today disclose more information publicly than what is required by public companies in many countries comparable to Norway. To ensure that the company is complying to every requirements, the team are now officially working with all relevant authorities and have contracted the best suppliers and the biggest bank in Norway, DNB.
Links to Friend social media accounts and website are all up and available to anyone who wants to keep an eye on a surely progressing platform.
Twitter: https://twitter.com/friendupcloud
Reddit : https://www.reddit.com/r/FriendUPCloud
Facebook : https://www.facebook.com/friendupcloud
LinkedIn: https://www.linkedin.com/company/friend-software-labs-as
Friend white paper https://friendup.cloud/pdf/friend_whitepaper.pdf
ICO
There are three ICO goals all considered viable and each with a specified development program. The goals are: minimum funds to be raised — 25,000 ETH; medium funds to be raised — 50,000 ETH; maximum funds to be raised — 75, 583.3 ETH.
The FriendUp ICO runs from 16th April 2018 to 16th May 2018. Vital information:
· Token: FRND (ERC 20 compatible)
· Maximum number of tokens: 2,000,000,000 (2 billion)
· Tokens available in crowd sale: 1,640,000,000 (82% of total tokens)
· Price: 1 FRND = $0.05
· Exchange rate: 20,2000 FRND = 1 ETH
· Accepted currencies: ETH
6% of tokens generated will go to the Friend team and 12% will go to the business.
