More detail: https://bitscreener.com/coins/foldingcoin
FLDC is a coin that rewards contributors for contributing to this initiative. FoldingCoin is issued and given on a daily basis, based on the individual contributions. This new digital cash can be transferred from person to person employing the bitcoin blockchain and the Counterparty protocol. FoldingCoin will, and always will, be open sourced. FoldingCoin began as a forum post on the LTBNetwork and has since grown into something wonderful. The team members are continuously developing exciting features to make the project better.