Reserve Fund for Scientific Research and FreeCoin
This non-profit organization is an independent custodian for the reserve fund for the research and FreeCoin.
This non-profit organization is an independent custodian for the reserve fund for the research and FreeCoin.
Our mission is to ensure that artificial intelligence (AI)—means highly autonomous systems that outperform humans and benefits all of humanity. We will carefully build safe AI that follow the principles below:
High Moral Standard
Our primary duty is to humanity. We need high ethical talents and financial resources to fulfill our duty. We wi
Our mission is to ensure that artificial intelligence (AI)—means highly autonomous systems that outperform humans and benefits all of humanity. We will carefully build safe AI that follow the principles below:
High Moral Standard
Our primary duty is to humanity. We need high ethical talents and financial resources to fulfill our duty. We will always maintain a high moral standard in our operation.
Public Services
We commit to providing public services that benefit society from new technology of AI.
Financial Independence
We will use our patent(s) of AI technology establishing enough funds to support research operations.
The 1st Goal is Simple
WDR fund is a reserve fund for FreeCoin and will support the value of FreeCoin. The revenue of the fund (revenue fund) will support technology research of AI and digital currency.
The reserve fund will always equal to or more than the amount of FreeCoin issued.
We only accept fiat money to 100% support every FreeCoin issued.
We will be exempt from security registration and our financial planning will 100% comply with SEC regulations.
In addition: According to Howey Test, FreeCoin is not a security. FreeCoin cannot profit by speculation.
Before allowing any issue of FreeCoin, the fiat money must be deposited into our fund.
We are a different entity to FreeCoin operational entity, no fund commingling possibility.
The price of FreeCoin will always be one USD to one FreeCoin. All interest and donation will go to the revenue fund.
We plan to be a self-funded Nonprofit organiz
Before allowing any issue of FreeCoin, the fiat money must be deposited into our fund.
We are a different entity to FreeCoin operational entity, no fund commingling possibility.
The price of FreeCoin will always be one USD to one FreeCoin. All interest and donation will go to the revenue fund.
We plan to be a self-funded Nonprofit organization. Only the revenue fund is for supporting technology research and operations.
We create the best value for the technology of AI and digital currency through our patent.
Our patent provides solutions for:
1. High usage of digital currency; and
2. FreeCoin is a real currency that can be used to buy food and all other merchandise.
3. It will gradually replace credit card transactions. Therefore all merchants will not hav
We create the best value for the technology of AI and digital currency through our patent.
Our patent provides solutions for:
1. High usage of digital currency; and
2. FreeCoin is a real currency that can be used to buy food and all other merchandise.
3. It will gradually replace credit card transactions. Therefore all merchants will not have to pay any merchant fees, long-term prices will fall, and consumers will benefit (average lifetime saving more than $100,000/person).
We set up an internal control system (ICS) and CPA audit checklist that create the standard of the Crypto industry.
Patent Publication
Please contact us if you cannot find an answer to your question.
It will not be like others. The value of FreeCoin is 100% backed by the reserve fund. Therefore, FreeCoin should be one to one ratio to Fiat money in all time.
From time to time, the amount in the reserve fund would have more money than FreeCoin issued because of the time gap (in transit of transactions) between receiving deposit and issuing FreeCoin.
We will provide an application with a special wallet for all FreeCoin holders. FreeCoin in the wallet can be consumed as cash without any fees.
1. UCDC System LLC (UCDC) is our subsidiary company. UCDC is developing technology to minimize transaction cost with secure features for both Defi & Cefi digital currency.
2. UCDC System LLC will work with one or two leading companies in each industry and convert their loyalty program reward to FreeCoin. The members will get FreeCoin from those leading companies through their loyalty programs free of charges.
3. In a few years, all members can buy FreeCoin thru our App and use it everywhere.
ICO Project Timeline
01/20/2023 FreeCoin ICO Starting Day
07/20/2023 FreeCoin ICO End
04/16/2024 FreeCoin Distribution Day
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