FREET is an ERC20 token on the Ethereum blockchain. FREET is not mintable nor pausable (we could not create more $FREET).
Total Supply & final supply is: 1,000,000,000 $FREET.
But hey! Could someone get all the stock if it is for free?
No he cannot. The distribution is capped at 1,000 $FREET per address. To get all the stock someone would need to make 1,000,000 transactions with 1,000,000 different addresses. This is impossible because of the gaz (even through multi-sender applications).
But anyone can get more $FREET with another Ethereum address.
Will $FREET ever have a value some day?
When $FREET will be HODL by 1 million users it will surely have the value of the people.
Any catch?
Free Token source code is available on Github as well as on Etherscan.io (all contracts are verified and consultable).