We now have lengthy acknowledged that to ensure that cryptocurrency to achieve mass adoption, a type of cryptocurrency that has higher price stability than current cryptocurrencies like BTC and ETH could be wanted so that individuals can use the foreign money to retailer funds and interact in commerce with out worrying about their month-to-month wage dropping by 57% between the time they obtain it and the time they’ll use the cash to purchase merchandise. Sadly, we have discovered that the present stablecoins all have numerous flaws; Tether is unauditable, Nubits has already once collapsed in worth, Seignorage Shares is after three years nonetheless just a whitepaper and MakerDAO is an insufficient joke as a result of…. causes. Because of this, we have determined to take issues into our personal fingers, and situation our personal formally branded stablecoin, and use this as a chance to make one other ICO.
Introducing World Commerce Francs.
World Commerce Francs is a decentralized 4.0 stablecoin based mostly on next-generation blockchain know-how. World Commerce Francs strives to assemble a free commerce and financial interplay system, using next-generation blockchain and hypercube tangle know-how. The protocol permits every person to freely purchase, promote and maintain steady tokens. The issuance, circulation, and buying and selling of WTF, although decentralized self-governance, lay the muse for the distribution and subscription of financial worth, thereby empowering content material creators in addition to forming a decentralized free commerce and financial interplay ecosystem. The app companions of WTF protocol embrace Peiwo, Obike, Gifto, Uplive, with a complete of 4 hundreds of thousands customers, making WTF a blockchain protocol with essentially the most DAPP customers on the planet.
World Commerce Francs will permit humanity to flee political oppression and obtain true particular person self-sovereignty and world free commerce, utilizing permissionless world community, and a World Decentral Financial institution, which is able to be capable to implement Excellent Financial Coverage that may permit the world to dwell collectively in concord, all with none central factors of censorship or management. By being decentralized, WTF will mix all advantages of capitalism and socialism with not one of the downsides of both, making a forward-thinking financial mannequin for humanity within the twenty first century. Customers will be capable to hodl and commerce WTF, the stablecoin, and FTW, the corresponding risky coin that represents one thing economically equal to shares of future income from the WTF system, however technically a utility token as a result of governments appear to essentially care about us falling on that aspect of the excellence for some purpose.
We now have already began speaking to
sketchy Pacific island nations nationwide governments about integrating use of World Commerce Francs as a reserve foreign money for worldwide agreements, and plan to quickly grow to be the primary foreign money to be explicitly endorsed to be used in a world treaty. The World Decentral Financial institution additionally features a primary revenue mechanism the place member nations can apply to hitch and obtain a share of WTF issuance given that they distribute it to their residents. The situation for qualifying as a nation is approval from 100,000 web libertarians, and so we’re proud to welcome Sealand, Catalonia, Texas, six provinces of India and China, Nationy McNationFace and Harambe amongst our preliminary batch of 1576 member nations. Worth stability of the WTF might be ensured by way of Oracles.
We try to create a decentralized financial system that permits everybody to freely purchase, promote and maintain steady tokens, with out counting on centralized companies. The legislative energy might be transferred from an opaque centralized authority to clear codes. Guidelines and platforms might be completely clear and based mostly on faithfully executed good contracts. By empowering the customers, we are going to rework the financial system on a worldwide scale.
Anticipated worth trajectory