Energy-Conserving FLIFER Coin Enters Growth Phase after reaching the initial milestones

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Energy-Conserving FLIFER Coin Enters Growth Phase after reaching the initial milestones

January 28
22:36 2022
FLIFER Coin, popularly known as “the energy efficient coin”, reaches the $40 million market cap. It uses less than 1% of energy as Bitcoin. Developers received the “Outstanding Entrepreneurship Award” in Texas.

The FLIFER team, developer of the FLIFER COIN (FFF), has introduced an alternative cryptocurrency designed to maximize user satisfaction through low-cost, transparent P2P transactions. Many crypto assets lack transparency into the tokenomics structure and processes underlying the payment process. It’s common for users to pay transaction fees without fully understanding how much they are or why they exist.

Regarded as one of the world’s most efficient cryptocurrencies, FLIFER is an energy-conscious crypto-asset leveraging the Binance Smart Chain and smart contracts, which operate independently of crypto mining. Payments on the FLIFER network consume 1/1000th of the energy as ETH/BTC while achieving 5x faster speed. FLIFER expeditiously met an early milestone during the launch phase by initiating a trading facility on Pancake Swap. The crypto coin has now garnered over 1,500 wallet holders and achieved a $45 million market capitalization since its launch in November 2021.

FLIFER facilitates simple, fast, and secure P2P payments. The commodity features a hard cap on the number of coins in circulation, which means that the total will never exceed the initial 2.5 billion initially minted. The deflationary currency automatically burns 1% of all FFF payments. Over time, this process organically reduces coin supply and increases the inherent value of FFF.

FFF is intended to serve as a payment method or a store of value. It is not a type of investment, and FLIFER has not been registered with the Securities and Exchange Commission. Its applications involve a peer-to-peer (P2P) service for making payments through the FLIFER platform or ever-expanding ecosystem.

In a recent development, FLIFER founders have received the “Outstanding Entrepreneurship Award” from the Texas Business Hall of Fame Foundation for their remarkable entrepreneurship in the cryptocurrency sector. Their latest project is the FLIFER coin, a novel cryptocurrency intended for P2P transactions and a store of value. In its growth phase, the FLIFER team is working to broaden the user base, increase awareness, and ultimately make the cryptocurrency listed across major digital exchanges. Digital marketing and social media outreach campaigns began mid-January. Televised press coverage is projected to air in the first quarter of 2022. The Team’s robust marketing strategy aims to make FLIFER a household name.

The project team plans to launch iOS and Android wallet apps to reach customers using smartphones as their crypto platform. Based on FLIFER’s rapid rate of development and current operating state after a mere two months after launch, the Team has set targets to onboard 50,000 holders and reach a $100 million market cap.  The FLIFER notable features implemented through smart contracts includes: 

Simple & Energy Conscious: FLIFER is simple, fair, and transparent. The public roll-out did not include pre-sales or sweetheart deals. Moreover, by abstaining from mining, transactions consume less than 1/1000th of the energy required for Proof-of-Work based cryptocurrencies like BTC and ETH.

Low transaction fees: High transaction fees can discourage active use since the value is lost in each transaction. It makes FLIFER’s low transaction fees attractive – the gas fee is around 10-cents, and the transaction fee is 3%. Therefore, a $10 payment on the FLIFER network only costs around 40-cents, compared to $3 on Bitcoin or $20 on the Ethereum network. Further, 100% of the transaction fees are distributed proportionately to holders. There are no marketing or administration fees or any fees that go exclusively to the developers’ wallets. The 3% transaction fee is redistributed to holders fairly and transparently:

Passive Rewards: 1% of the transaction value (or 1/3rd of the fees) are disseminated back to the holders as rewards. Every FFF holder automatically collects reward coins/tokens whenever a transaction occurs.

Create Deflation: 1% of the transaction value (or 1/3rd of the fees) is automatically “burned”, which means that the total FFF decreases over time. Reducing circulating supply is an essential driver in creating/maintaining long-term value.

Build Liquidity Pool: 1% of the transaction value (or 1/3rd of the fees) are used to build a liquidity pool at Pancake-Swap V2. An active liquidity pool provides price stability and allows holders to buy or sell their coins on the exchange.

Users can purchase a digital wallet pre-loaded with FFF coins on the official website: https://flifer.com. Users who already have a Binance wallet can exchange BNB into FFF at the swap site: https://swap.flifer.com. To connect with the project community, join Twitter

Media Contact
Company Name: FLIFER
Contact Person: Media Relations
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Country: United States
Website: https://flifer.com