FRIC

Frictionless is a revolutionary platform that facilitates peep to peer non-custodial switches via escrow smart contracts. Consequently, this empowers projects and investors to securely and efficiently transfer cryptocurrency in a unique, decentralized and trustless manner while circumventing the price impact of assets on the open market. The Frictionless token (FRIC) is the native token of the Frictionless platform. Its value is derived from platform traffic and its utility increases with a higher stake in the token. It serves as the fuel of the platform and is needed to facilitate switches between different assets and access platform services.