How was FairCoin started

50 million FairCoins were initially distributed by an “airdrop” to 49,750 addresses on March 2014. Each person was able to claim 1000 FAIR per hour. Automated airdrop claiming methods had no effect, as each IP address could register once per hour, and 2 different captchas had to be solved. These security precautions were hidden until the day of distribution. FairCoin's vast distribution method allowed a good portion of the cryptocurrency community to claim a little bit of the 50,000,000 FairCoins, each.