FairCoin, aims to make humanity a fair and just place. The biggest issue with crypto-currency is the initial distribution. Most cryptos have a problem where the top 1% own most of the tokens. But Faircoin was distributed fairly, through a series of airdrops which was open to everyone. Contrary to other coins where incentives and though competition between miners keep the coin secure, Fair-coin believes in co-operation. On July, 2017, Faircoin shifted from proof of stake (where you lock some funds) to proof of co-operation. The machines which co-operate and validate consume very less electricity. Even a rasp pi – 3 will do. They get a small mining reward for securing the network. Its community is a mix of hacker culture and people who believe in fair trade and close relationships.