Farad Cryptoken is a crypto-currency within the Blockchain (Ethereum) ecosystem. Each Farad Cryptoken (“FRD”) represents the rights to the forward purchase contract of Ultra-Capacitor Cells produced by Guangxi Aerospace Beidou New Technology Co. Ltd. (China). The ‘mining’ of FRD is based on and 100% backed by the production of ultra-capacitor products and applications.
The ultra-capacitors will potentially be used in combination with traditional batteries such as Lithium Ion batteries within the Energy Storage Industry such as AMR, Beacon, Smart Card, Token, Smart phones, Power banks, RFID, IoT devices, WiFi Dongle, POS devises, SSD, PLP, Power tools, Drones, Automotive Boosters, UPS, Robotic Apparatus and Energy Harvest among others.
More Information-https://farad.energy/faq/
