Farad is an ultra-capacitors (high power density energy storage device) production factory. Farad issued and linked their digital tokens (FRD) to real-life economic production. FRD is an Ethereum-based ERC20 token backed by the production of the supra-mentioned ultra-capacitors. The FRD represents the right to the contract 'manufacturing and sales agency agreement' to produce Ultra-Capacitor Cells (“UCC”) with an output of 1,600,000,000 mF over a period of 36 months. Each FRD is equivalent to 1 mili\-Faraday (“mF”) that each cell for ultra-capacitor will generate.
