There are two ways people can get involved with a crypto-currency community: they can buy in, or they can work in. If people can earn money by working for one another then they will bootstrap value through mutual exchange facilitated by a fair accounting/currency system.
FLEx is an ERC-20 token created for Fuzzy.One activity.
It is an ERC-20 token that is tradable on multiple exchanges. The token has a finite limit, and will not be producing more than the original amount so as to give the token a tradable value base.
Fuzzy.One recognize that building up a knowledge base is a time and energy-centric activity. Writing articles, responding to articles, creating dialogue and discussion are all time-consuming activities that when nurtured will allow them to evolve.
Fuzzy.One is all about solutions, and they strive to find solutions for all problems that are detailed by their clients and subscribers. The more solutions they can catalogue and integrate within the Fuzzy.One platform the more accurate and vast a P=NP platform will become. Fuzzy.One intend to eventually be the leading solution provider with immediate validate solutions for every conceivable problem, even if the problem has not occurred.
Therefore, as an incentive to help all grow, Fuzzy.One are offering for free a very large bonus during a limited time frame in the form of 1,000 FLEx tokens per subscription and 1000 FLEx tokens for every article written, and 1 FLEx for every comment or reply.
They are also offering activity incentives for those members that enjoy being active.
All articles and responses posted to their site are peer-reviewed, so it is not automatic, this is in place to make sure they have good content relevant to their site.
Flex Token price today is $0.00020432 with a 24-hour trading volume of $3,880.60. FLEX price is down with -0.6% in the last 24 hours with monthly and weekly percentage price increase of 115.1% snd 1101.5% respectively. It has a circulating supply of 0 coins and a max supply of 10 Billion coins. EtherFlyer is the current most active market trading it.
What then is Fuzzy.One?
Fuzzy.One is a solutions library project that aims to build up a comprehensive and ever-growing list of articles presenting solutions to problems and issues encountered in the Supply Chain and gaming sectors. These solutions will enable future readers that encounter issues or problems in their respective sectors an immediate answer thereby enabling them to solve the instance they encounter in minimal time
Fuzzy.One is a database that supports community building and social interaction with cryptocurrency rewards. Fuzzy.One combines principles from social media with lessons learned from the cryptocurrency and social media communities. Fuzzy.One is the first cryptocurrency that links the currency to its share base and is essentially a decentralized share or stock in the company, thereby giving every token holder a part in the company and the decision making process.
Fuzzy.One is designed around a relatively simple concept: everyone’s meaningful contribution to the community should be recognized for the value it adds. When people are recognized for their meaningful contributions, they continue contributing and the community grows. Any imbalance in the give and take within a community is unsustainable. Eventually the givers grow tired of supporting the takers and disengage from the community.
Fuzzy.One is designed to enable effective micropayments for all kinds of contributions by changing the economic equation. For every article posted, the author receives a set number of FLEx tokens, for every contribution to discussion, a single FLEx token is provided. However, all articles and discussion items are peer-reviewed for relevance to the project.
Of the key principles used to guide the design of Fuzzy.One, the most important is that everyone who contributes to a venture should receive pro-rata ownership, payment, or debt from the venture. This principle is applied to all startups as they allocate shares at founding and during subsequent funding rounds.
The second principle is that all forms of capital are equally valuable. This means that those who contribute their scarce time and attention toward producing and curating content for others are just as valuable as those who contribute their scarce cash. This is the sweat equity principle2 and is a concept that prior cryptocurrencies have often had trouble providing to more than a few dozen individuals.
The third principle is that the community creates value to serve its members. This principle is exemplified by credit unions, food co-ops, and health sharing plans, which serve the members of their community rather than selling products or services to people outside the community
The Fuzzy.One community provides the following services to its members: 1. A source of curated solutions and commentary. 2. A means of getting high quality answers to personalized questions. 3. A means to receive payment for posting solution articles 4. Free payments.
Ways to Contribute
There is only one way to contribute to Fuzzy.One and that is via registration and active participation in the building of a solutions library.
Fuzzy.One has certain registration securities in place that ensure only real individuals with real email address and unique wallet addresses may register. Apart from this, all articles and discussion items are peer-reviewed.
Allocation & Supply
Current Allocation & Supply
Fuzzy.One created 10 billion tokens and capped this at that value. 70% or 7 billion tokens are reserved for the public market and 30% or 3 billion tokens are retained by the founders. This allocation ensures that the market has a majority which shows that there is a true decentralized policy in action.
Power Rewards: Fuzzy.One has a number of incentives in play, these include referral networking incentives and bonuses of referrers that bring in 100 new users and more.
Fuzzy.One has nominated Country heads, these are roles designed to expand the influence of Fuzzy.One on a global level and Country Heads receive immediate bonuses and then bonuses based on country performance.
The Power of FLEx
Fuzzy.One recognizes that the value of all user contributions (posts and votes) is greater than the sum of the parts. A single comment is worth next to nothing, but a collection of millions of curated posts is worth many millions (or possibly even billions) of dollars. Content without curation is of limited value. If it had access to all the content of the internet but not the links between that content, Google would struggle to produce useful search results. It is the linkage between information that gives it significant value. Because everyone benefits, everyone should pay. In other words, no individual user should be expected to pay for anything, but instead should be paid for everything they do that brings value to Fuzzy.One. All we need to do is ascertain which user contributions bring a social network value and which ones don’t.
Fuzzy.One presents earning opportunities to content creators and internet readers in ways that have not existed within the social media industry and by making each interaction with the project payable in project ownership tokens. Fuzzy.One is an experiment designed to address challenges in the cryptocurrency and social media industries by combining the best aspects of both and adding the missing element of accountability. Current cryptocurrencies give no accountability to the founders of the currency, and also give no control over the project or company, thereby relieving the founders of any responsibility.
All opinions expressed in the above article are solely of the author’s and do not reflect the opinion of the Global Crypto Alliance Ltd., any of its affiliations or any other company. This article is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. The Global Crypto Alliance Ltd. strongly recommends that readers conduct their own research and due diligence into the company, product or service, if any, that may be mentioned in the above content.