Pre-sale has Begun!
Most cryptocurrencies are massively deflationary—stunting digital economies that use them as mediums of exchange. Government currencies are generally inflationary, wearing away people’s savings over time.
The FreeMark is stable, therefore better to trade, asset-backed, therefore more legitimate, and pays royalties based upon the money supply growth rate, which flips the concept of inflation to its opposite, allowing your savings to grow over time with more FreeMarks as the money supply grows. That’s right, instead of FreeMarks increasing in value (or decreasing with volatility), you get more of them.
Thus, earlier buyers get a much better return, yet on the same terms as everyone else, because growth rates are higher when the money supply is lower for the same increase in ownership.
There are two Worldfree white papers. The first White Paper provides the economic and technological background, the second the business end for evaluating and understanding ownership, use and the distribution management of the FreeMark. This Business White Paper explains the terms for buying of FreeMarks.
More than $2 million has been raised for Worldfree’s proprietary AI technology thus far.
“Money is one of the greatest instruments of freedom ever invented by man. It is money which in existing society opens an astounding range of choice to the poor man, a range greater than that which not many generations ago was open only to the wealthy.”
Professor Friedrich August von Hayek, Nobel Prize, 1974
The Worldfree Network is a pro-business network, built by producers and value creators for value creators, in order to defend the greater freedom Hayek explained so eloquently.
The World's Most Innovative Currency
Until a stable cryptocurrency becomes mainstream, no cryptocurrency will be mainstream
The FreeMark is aiming for the bigger opportunity: the market for the next phase of cryptocurrency adoption is ~30% of the global GDP, or about $40 trillion in payments
Many ICO’s tout their justification for use in financial transactions, thus expanding cryptocurrency use. But volatile digicurrencies, using the prevailing model of varying market price, behave in exactly the opposite way of the best medium of exchange.
The best kind of currency for everyday financial transactions is stable: more stable than fiat currencies, and certainly more stable than most cryptocurrencies.
But that is not enough. The larger market needs an incentive to switch to a cryptocurrency. It must be stable, but it also must produce a return. The FreeMark does this by paying a royalty based upon the growth rate of the money supply, completely reversing the inflationary erosion of savings by making natural market growth an ally, and incentivising viral growth.
FreeMark owners will in addition buy and sell globally without exchange rate risk, with both inflation and deflation resistance. FreeMarks are also legally tied to real assets, held in a regulated, audited fund, unlike other fiat money offered by governments or mainstream cryptocurrencies.
How can you trade volatile assets with a volatile cryptocurrency?
The volatilities multiply, making rational investing impractical at best.
That will never catch on, and hasn’t yet.
Furthermore, for traders in goods and services, such as manufacturers, importers and exporters, exchange rate risks and hedging practices are a real problem. A stable cryptocurrency, based upon a peer-to-peer, distributed platform solves that problem, and provides incentive for the switch.
“The only way to confirm the absence of a transaction is to be aware of all transactions.”
Satoshi Nakamoto, Inventor of the Bitcoin, in “Bitcoin: A Peer-to-Peer Electronic Cash System”, 2008
Well, this is not actually so—it is an invalid assumption. We can confirm a transaction has not occurred and changed the ownership of a coin if there is only one instance of a coin, as there is in every-day cash transactions.
Do you ask who owned money before accepting it as change in a transaction? Does anyone ask you?
Of course not—this is an example thousands of years old of another type of transaction—so why can’t that be replicated with the nearly infinite control we have of the digital world? Worldfree has done exactly that with its innovative, completely scalable Nodechain technology.
Join us to help make this new vision of a more robust and scalable digital currency platform a reality by learning about how these three amazing new technologies combine to fulfil the potential of the new world of cryptocurrencies.
Mining is More Rewarding, Using Less Energy
A new mining approach doesn’t waste energy, operating system-wide at a cost on the order of 1,000 times smaller than today’s blockchains.
The transaction processing system facilitates processing in milliseconds no matter how large the network becomes, taking advantage of massive parallelism.
Instead of solving valueless math problems, the miners in the Worldfree Network parse natural language text from hundreds of millions of websites, making searching and direct-answering faster for everyone.
Features and Benefits
Ownership, Use of Funds & Currency Backing Projections
Worldfree’s Team has re-engineered the cryptocurrency, including the blockchain itself.
Led by a second-generation software entrepreneur, veteran fintech and AI software developer the CEO and his team have re-designed the digital currency functionally—both economically and technologically, from the ground up.
In its place is a new paradigm, based upon consent, rather than consensus, as discussed in the White Paper. It is the first complete re-engineering of the blockchain since its inception.
The Nodechain removes most of the data from the public shared data, drastically reducing individual node storage requirements and producing much faster processing. It still uses many of the innovative cryptographic techniques of the blockchain, but in a way that improves upon the original design.
Now Worldfree is bringing natural language reasoning to a better engineered cryptocurrency, along with advanced crypto- and economic technology.
The Worldfree team developed the world’s first technology to deliver direct answers from live, unstructured internet text. The technology has been used by many G200 clients and IBM offered to acquire it.