Sources that back $MFER
An actual value backed token instead of a vehicle of pure speculation
Last updated
An actual value backed token instead of a vehicle of pure speculation
Last updated
As stated, we can't have a single source of value that backs the Fuckery Protocol if we want to position ourselves for long-term success and sustainability.
The minting of our second signature MX Bills series ensured a successful network transition and operation while providing capital to drive early adoption.
Since its inception, $MFER has had at least 10 value-creation mechanisms to back it. The Fuckery Protocol encourages the creation of even more instruments to drive value over time. There are hundreds to potentially thousands of unique ways to mutually benefit by leveraging the network to create value.
There is a set of characteristics that the Fuckery Protocol owners look for when it comes to devices that can add value to back $MFER.
Every deployment of resources in the protocol should fall under one of these:
Develops a source of revenue for the creators in $ADA in which they pay a portion to the Fuckery Protocol for utilizing the power of the network
Create a source of revenue in $ADA directly for the Fuckery Protocol
Institutes a means of exchange of the $MFER token that uses the Exchange smart-contract function
Encourages more innovation, increases data/information/transparency, speeds up execution, strengthens the foundation, mitigates risks, upgrades the Fuckery Protocol
Empowers stakeholders with the power of voice and control via Governance mechanisms and deployments of blockchain technology
Designs an internal tool that can later be repurposed for any Cardano/NFT community as a product or service that provides revenue to the protocol
Builders can create under the Old Money branding, which gives them a unique set of existing users that can easily be tapped into. They can also use the Fuckery Protocol to fund their pursuits as long as there is a clear intention on how their success benefits the network.
The Organizations and the entire collective all assist in getting what creators need to build and succeed.