Looking for Farad? Find FRD Price, Exchanges, Reviews, Chart, Historical Data & FRD Marketcap
Farad (FRD) Ranked 2453 in Coin Market Daddy Currencies Index. Farad (FRD) price is $0.000015. Farad (FRD) currency type is token (Ethereum). FRD trading is available in number of exchanges. Exchanges information is updated automatically. Stay tuned to check updated information. If you find any error on this page, please Contact Us to update Farad (FRD) and contribute to CMD Cryptocurrency Encyclopedia.
Farad is an ultra-capacitors (high power density energy storage device) manufacturer.
FRD is an Ethereum-based ERC20 token backed by the production of the supra-mentioned ultra-capacitors in Farad's China-based factory. Farad linked their digital tokens to real-life economic production. The FRD represents the right to the contract 'manufacturing and sales agency agreement' to produce Ultra-Capacitor Cells (“UCC”) with an output of 1,600,000,000 mF over a period of 36 months. Each FRD is equivalent to 1 mili-Faraday (“mF”) that each cell for ultra-capacitor will generate.