Staking

Proof-of-stake is far more energy efficient than Proof-of-Work and allows users to earn XFE by simply storing coins in their wallet. Our current APR is 10% of each block reward, which ensures that XFE will always be sustainable and is in supply.

Masternodes

By owning a XFE Masternode, you can take part in voting on the network and decide what is going on. Masternodes have a constant APR of 85% of the block rewards and require 2500 XFE as collateral.

Lightning Fast Transactions

Spend and receive XFE almost instantly thanks to SegWit implementation and Zeroconf technology.

Coin Specifications


Block Time - 2 Minutes

Speed is a necessity when it comes to keeping the blockchain fully functioning. Thats why we have implemented 2 minute block times with SegWit technology.

Maximum Coin Supply

There is a maximum supply of 100,000,000 XFE. There is a premine of 1,000,000 XFE (1%) which will be used throughout the pre-sale to raise development funds.

Reward Distribution

Feirm uses a dynamic reward scheme which changes when a block height milestone is met. However, the APR rate stays the same:

  • 85% Masternodes
  • 10% Proof-of-stake
  • 5% Governance Fee

Roadmap

Here is what we have got planned for this year.

Q4 2017

Feirm was founded in October 2017. A Core Team was formed and started to brainstorm ideas of implementation for this project.

Q1 2018

Releases of the website, whitepaper and Feirm Core wallets for Windows and Linux. Soon after, the Feirm pre-sale took place.

Q2 2018

Release of the Feirm Alpha Marketplace occurred, along with an exchange listing and new website.

Q3 2018

Launch of the Feirm Marketing campaign to bring an insight on consumer application and promote the technology behind it.

Q4 2018

Beta release of the Feirm Marketplace, with the ability of listing digital assets for users to purchase.

Meet The Team Behind Feirm

Amr Kokash

CEO & Co-Founder

Electronic Communication Engineer, Newcastle University (BEng/MSc). Enthusiastic cryptocurrency investor and domain name businessman.

Jack Coble

CTO & Co-Founder

Nearing on 3 years of being involved in the cryptocurrency. Previously worked at Insights Network focusing on research and development. Experience with working on blockchains and decentralised applications.

GitHub

Interested in the way that Feirm works? Check out our Open Source code and take a look! Feel free to open any pull requests that you may see fit.

  • GitHub