Freyrchain aims to build the first platform based on blockchain and big data of culture in the world. This platform intends to create a decentralized digital repository platform of culture and art works for collectibles enthusiasts to help their growth. Currently a world-class blockchain collection database has been launched to provide access to information, historical transaction and collection records of a certain item as well as ancillary authentication information support for the whole industry.

FREC is an Ethereum-based token that powers Freyrchain platform.