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About Us
The team behind FRED Energy are professionals in various sectors of blockchain, IT consulting, graphic & web design, product development and marketing. We share a passion for disruptive technologies that could pave the way for a fairer and greener society.
Green energy, blockchain and cryptocurrency are evolving and becoming more mainstream with markets seeing significant growth. FRED Energy combines green energy, blockchain and cryptocurrency to position itself for the future.
Our Goals
Be recognised as a key player in green energy projects using blockchain technology and cryptocurrencies
Become a brand associated with green energy products that targets consumer needs
Aid in the acceleration of alternative energy usage and generation by consumers
Bring awareness to the benefits of energy efficiency
Be the main online marketplace for alternative energy products accepting cryptocurrency
Enable access to affordable energy products to the unbanked
Bring new energy saving and generation devices to market via innovator partnerships
Use blockchain to track our products lifecycle enabling reuse and reducing environmental impact
Our History
FRED Energy was launched in September 2018 as a mineable cryptocurrency on its own blockchain. The idea was to raise greater interest and awareness of green energy and help fund innovators to develop new energy saving and generation devices.
Our goals changed slightly and to better align with our ethos, the project stopped mining in the summer of 2019 and switched to the ECO friendly Stellar blockchain which does not use the energy intensive POW consensus system.
In January 2021, we launched FREDx a token on the Ethereum blockchain and bFREDx on the Binance Smart Chain making our project a Tri-blockchain and token project.
Our project now consists of several green energy related projects;
Our Marketplace
The marketplace features green energy related products such as home EV chargers, electric scooters, bikes, mopeds, solar and wind energy generation systems, battery storage systems, alternative electric vehicles, LED bulbs and other related gadgets. Our marketplace is unique in the fact we offer payment of products via cryptocurrency including traditional payment methods, enabling the unbanked to purchase life changing products.
Energy Device Development (Funding Research into Energy Devices (FRED)
As the acronym suggests, a fundamental reason for our project is to enable development of future energy generation and storage devices. This will be achieved through our innovator platform where viable methods and products are funded by the FRED treasury.
We are currently working with a green energy innovator to bring a solar powered energy generator to market. Two versions have been prototyped, a 20-22 Ah power bank model and a larger 220Ah version. The devices are aimed towards the off-grid, camping/outdoor markets and will use emerging battery technology that is safer, quicker to charge and has a battery lifecycle of 5-15 years.
We will use blockchain technology to track our products lifecycle, enabling reuse and recycling which will reduce the environmental impacts of our products. It is estimated that just 5% of Lithium-ion batteries are recycled, the rest go to landfill.
FRED Energy is looking to disrupt the power bank market with its DSA-1 power bank and influence the market leaders towards change.
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Project Accelerate and Project Energise are future plans.
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