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Review on Freyrchain by francis fernandez

Revainrating 2 out of 5

promoting the systematization of works of art

The use of blockchain technology has reached places never before anticipated; so much so that we see it in many of our daily activities.
Freyrchain is a cryptographic project that arises from the need for society to protect its most emblematic cultural works; to guarantee its enjoyment to future generations and facilitate access to the world's population to the great artistic collections without restrictions or intermediaries.
What is this platform about?
Freyrchain aims to create a large register of artistic and cultural collections; using blockchain technology as a basis; in such a way that works of art can be accessed from anywhere in the world, safely and without intermediaries.
This contributes to the development of a gigantic database that includes cultural and artistic works from around the world. For it; Freyrchain develops an intelligent solution that allows to incorporate records and historical information of articles and executes processes of verification of originality of the works.
FREC is the ERC-20 token that powers the operations of the Freyrchain network, through the use of the smart contracts of the Ethereum network.
As it does?
Freyrchain has a recognized group of experts in the arts who are in charge of the logistics of this major work; as well as the implementation of network resources to achieve its objective.
It should be noted that Freyrchain has the largest volume of physical works of Chinese origin, including a global database of works, which constitutes the starting point for the development of its project.
Freyrchain will benefit not only the world's art-loving population; but to artists around the world who will be able to safely access their collections of works of art and promote their professional growth on a large scale among their followers.




Pros
  • Promotes the digitization of valuable works on the blockchain
  • Allows to validate the originality of artistic works
  • Promotes a virtual cultural center without custody
  • Promotes the creation of a global access cultural platform
  • Creates digitized and secure records of artistic collections
  • Has the largest number of corporeal Chinese works and the world's largest registry of works of art
Cons
  • There are currently no coins in circulation

Comments (1)

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April 24, 2021
I did research on why the project stopped its service. It is claimed that many users gave up using it due to the fluctuating value of the token with some results. Of course, since this is just a claim, I do not have a clear idea.