#fomo#justfomo
$fomo now or fomo rn
$fomo will be top 10 In this bull run and beyond ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ๐ฆโ ๐๐ค๐ฅ๐๐๐ณ๐ณ๐ณ๐ณ๐ณ
REGARDING FOMO NETWORK!!! A direct quote from the dev. Posted in
๐ฃ Launching Soon ๐ฃ
Hello FOMO Gang,
I know its been an emotional few days for everyone, whilst they've been awaiting answers and understandably lots of questions have been asked.
Apologies for the long post but we want to cover all possible bases and do our best to clear up uncertainty to quickly start the rebuilding process.
๐ First of all: FOMO is relaunching and will become bigger than ever !!
On any given day there is 300 - 1000 launches (mostly memes) within defi and 99.9% fail very quickly.
The ones that don't fail, have to claw their way up the ranks in the hopes that 1 day they can reach that exclusive position in the top 200 projects.
Across a 12 month period, only a handful of projects actually make it, having contended with all the challenges that plague this space.
Specifically KOL's and the pump n dump mentality thats been adopted during the last bear market.
Despite recent developments, FOMO now has an opportunity to skip defi and run straight into the top 200 spot to where its always belonged.
No project is perfect and its not often you get a chance to circle back to the beginning and address some of our biggest challenges.
๐ New Identity
The biggest issue with FOMO, was the very thing that attracted a lot of people to the project in the early days, UTILITY OVERLOAD !
We are going to continue developing and releasing 3 key components to the project.
โ Layer 1 Blockchain
โ Dex
โ Social Network
However our main focus and identity is a social network supported by our own blockchain.
All other utilities will be either discontinued or become legacy products that exist for our original members but ultimately removed from our core message.
๐ Dialled Vision
Once our main net has finished the auditing process and deployed, we will now have a native $FOMO coin and no purpose for an Ethereum token.
Liquidity will be held on FOMO Swap / Chain in the form of a USDC - FOMO pair to make it disconnected from the price of other assets like Ethereum or Bitcoin.
We will make sure theres at least 1-2 exchange integrations for trading $FOMO, additional to our DEX.
On ramping solutions will also be integrated natively into FOMO.
๐ผ Rebrand / New Direction
We will retain the name FOMO, Logos and branding will also stay the same.
However we have always been vocal on AMA's about 1 day moving away from the meme narrative of FOMO and moving towards "Freedom of Movement Onchain"
Therefore this is our opportunity to drop the apes from our branding and create a fresh NFT collection plus a more corporate brand.
๐ Winning Formula
Whilst we appreciate the amazing support from the community, there is a handful of people that think recent events will shadow any relaunch attempts.
However there is a major point that they overlook and will be the mechanism making the relaunch a huge success.
1๏ธโฃ We don't rely on investors, we just need users for our social network who are automatically holders of FOMO without any care of price action.
More Users = Higher Price without the emotional side of token price action.
2๏ธโฃ We have access to the biggest names in the political space as demonstrated on the recent London protest that FOMO sponsored.
You witnessed first hand the 100,000 people in attendance with FOMO banners throughout the event.
You witnessed the live steam of the event reaching over 1 million users on Twitter and this was all achieved with just 1 of our 12 onboarded influencers.
Those same influencer's were told not to discuss FOMO the morning of the event because of the backlash from VC investors and to not antagonise the situation further.
However now there is no such restrictions, an event is being planned for July 27th. Influencers are not happy that big money tried to silence them and a strong narrative is going to be formed around the event.
$FOMO is not a rugpull..
Read more about it here:
https://t.co/72hBlj8s0T
Thanks to @meaningful_much for opening up his TG group as we transition! ๐