FRED Energy
FREDProject Safety Score: 7%
Updated 2 weeks, 6 days ago& Market
Credibility
Behavioral
Mechanics
Distribution
"UK based and founded in 2018, FRED Energy aims to promote and facilitate greater adoption and generation of alternative energy by consumers and Fund Research into Energy Devices (FRED). Rising energy costs, fuel poverty, and access to support and funding for energy device innovators are some of the problems FRED Energy aims to help solve. Development of green energy related projects and an eco focussed marketplace that went live in Q1 2020, shop.fredenergy.org is one of the earliest adoptors of crypto payments for real world products.
Further projects scheduled for 2021 include a JV product development with battery pack tracking to enable reuse and recycling on the Stellar blockchain using our token FACT, a non-tradeable token.
The project launched FREDx on the Ethereum blockchain in January 2021 in an effort to increase awareness and liquidity of its green energy related projects making FRED Energy a dual blockchain project."
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
