Solution Overview
How we're attempting to create a token to power the Old Money ecosystem
To ensure the long-term success of Old Money, we need to provide consistent and increasing output over time that has actual value to our community and beyond. We need to create and leverage innovative ways to scale the collective value of our network in varying market conditions. Providing a means where every member receives the value they deserve for their participation in the ecosystem.
When the value is derived from the community and its network, it eliminates banking everything on the founders pumping everyone's bags forever via unfair and speculative tactics.
Building a system with absolute transparency can create an environment for complete alignment.
Together we can eliminate the zero-sum game, back our community with true value, and explore new territories of individual and collective prosperity.
Designing a new value engine in the Fuckery Protocol, replacing the centralized entities, and empowering network participants are the keys to creating our timeless success. Focusing our collective talents on incentivized building instead of speculative tactics creates real perpetual value.
A new token, $MFER, will be developed to drive the value of our network in a transparent and permissionless environment.
Our objective is to design a network that can withstand the unknown futures of our space while utilizing incentives and governance to establish an optimal balance that drives sustained protocol expansion over time.
With this new direction, we designed a catalyst for growth at a compounding rate. It may scare the members whose sole purpose is to sell to someone else at a higher price in the very short term, but their exit protects our longevity.
No one can determine the future of our inflationary tale in a world where things move as fast as they do in crypto. When we're all in this together as Mfers, have all the cards on the table, sharing the risk but also the reward, then we sink or swim together.
The perfect blend of art, tech, and degeneracy that Trixson and Hoodro share as initial founders of Old Money can be replicated and magnified across our collective. The principles of what's happening to our money, which united us as Mfers, is a lesson that transcends NFTs and crypto.
This is a recommendation for the rest of Old Money’s lifespan. For this decade and beyond. We want to be positioned for success in whatever forms we can manifest together. There is no end date, and we solidify how the rest of the inflationary journey is written by committing to this initiative.
We're all in control as Mfers with decentralized risk and decentralized reward. No one has a blueprint on the right way for this to be done, but that offers the opportunity to push the limit and set a new standard. We may fail miserably, but we can all sleep at night knowing we're not ripping Mfers off, the very people we love and care about most.
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