Ferengicoin (FER) - Abandoned or No Volume | Coinopsy
Ferengicoin (FER) - Dead Coins

Ferengicoin (FER)

Ferengicoin was founded in 2014, it is not trading on any exchanges. Ferengicoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Unknown.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2014, Ended 2014.
  • Social media ended 2014.
  • Trading ticker (FER).
  • 1,000,000,000 Coins total.
  • Not available to trade on any exchanges.
  • Was built on standalone blockchain.
  • Website is down.
  • The Founder/SEO is Unknown.

Further Details

Notes

Abandoned coin and Website down.

Links

https://web.archive.org/web/20140322021508/http://www.ferengicoin.org/ https://twitter.com/ferengicoin?lang=en

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

FERENGICOIN (FER) - BUY FOR LESS, SELL FOR MORE
 

Coin purpose
Universal GREED 

IMPORTANT CHANGES IN COIN DESIGN!
After considering all options, suggestions and comments Quark introduced Ferengicoin plan to Grand Nagus and he became furious. Grand Nagus decided that FER was way undervalued and declared revaluation of Ferengicoin before it's release date. New FER value has been set and Quark has no choice but to accept it. Rom (Quark's little brother) was happy about this change because it will benefit miners and Ferengicoin bearers. 

;D

1. Total coins reduced by 1 million times to 1 billion coins (old value was 1,000,000,000,000,000 - 1 Peta-coins, 15 zeros, quadrillion coins or one trillion of thousands, one billion of millions, one million of billions coins) - means that each FER value has been increased 1 million times.

2. As a result of FER revaluation, reward per block was reduced by 1 million times to 10,000 FER (old value was 10 billion coins per block). Grand Nagus wanted to tax it and Quark was about to take his royalty fees for using his picture on FER, but after long debates with Rom they agreed that it will hurt coin's image and decided to keep it the way it was (10K new FER after dividing it by 1 million times).

3. Nog (Rom's son) mentioned that late miners will miss the opportunity to mine coins at set reward rate and Quark accepted Nog's recommendation to increase block rate from 150 to 180 seconds. Old value was 150 - means that gap between block generation is extended only by 30 seconds allowing to mine coins at the same reward rate longer. Block halving rate stays the same 50000 blocks.

Add