FREE Coin vs NEM vs Soarcoin
What problem does this service solve?
FreeCoin claims to be a more inclusive cryptocurrency but their marketing materials do not show any unique offerings. | NEM is designed to be a blockchain platform with improved scale and speed. NEM's blockchain is permissioned and private. It has some of the best transaction rates of any private ledger in the industry. | SOAR does not appear to have any unique advantages compared to other cryptocurrencies. |
Token Stats
Company Description
FREE Coin is an Ethereum-based token with a focus on being inclusive and encouraging cryptocurrency adoption. Their goal is for the token's price to increase in value, until its price is close to the USD. FREE Coin's site does not provide any details about their development plan or what specific advantages their network will provide. | NEM is a cryptocurrency and blockchain platform that allows multiple ledgers on the same blockchain. NEM Smart Assets are used to create mosaics for any asset. Transaction fees are paid with NEM's native currency, XEM. NEM originally began as a community-oriented cryptocurrency that was built from the ground up in the Java programming language. | Soarcoin is an Ethereum-based token that was created by a company in Singapore called Soar Labs. Soarcoin's total supply has already been released. Since it can not be mined, the price of the SOAR token will be completely dependent on supply and demand. The company's marketing materials place an emphasis on low transaction fees, privacy, and fraud protection, but it does not appear to offer any noticeable benefits to other cryptocurrencies. Soar Labs also has plans to create a cryptocurrency exchange called Soar Ex, that will focus on the Southeast Asian market. |