$MFER
  • Introduction
  • Problem Overview
  • Solution Overview
    • Create Fuckery Protocol
    • Replace Central Entity
    • Incentivized Building
  • $MFER Tokenomics
    • Distributing $MFER
    • Burning $MFER
  • Mfer DAO
    • Governance
      • MFER iD
      • Organizations
      • Proposals
        • Proposal Structure
      • Options
    • Funding
    • MFER Dapp
  • Sources that back $MFER
    • MX Bill Mint
    • Current Sources
    • Future Sources
  • Path to $MFER
  • Lexicon
  • Discussions
    • Non-Bill Old Money NFTs
    • Not an investment contract
    • Mitigating Risks
    • Distributing business value
  • Lessons Learned
  • Credits
  • Versions
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Distributing business value

Existing worth and ownership of Old Money is transferred to the collective

The current owners are giving up a share of the future potential in exchange for holding some of the risks of its success.

Here is a list of procedures to exit the founding team to decentralize the risk and reward.

  • Distribute a significant portion of the MOOMA Bill NFTs to the Founders, with the rest going to the Treasury

  • Existing $ADA and USDC owned by the MOOMA are allocated to Founders

  • Transfer ownership of all existing and future royalties from Founders to the Fuckery Protocol

  • Turn over specific Old Money IP from Founders to the DAO

  • Building what's required for smart-contract functionality of $MFER, MFER Dapp, and Governance tooling for the Mfer DAO without profit

  • Creating MFER NFTs and Stake Pool NFTs whose entire revenue goes to the Fuckery Protocol

  • Shift the revenue from general physical merchandise from Founders to the DAO

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Last updated 2 years ago

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