expect mfers

for the ❤️ of mfers

[expect mfers @expectmfers]

the story of mfers starts at the dawn of mimetic culture 200,000 years ago.

true block zero.

[expect mfers @expectmfers]

@the_imp0ster whatever weight is in front of him.

could be tons

[expect mfers @expectmfers]

mfers forever

[mleejr @MLeeJr]

the strongest communities that form around memes aren’t built in a day, week, month, or year.

they’re forged deep in the trenches over many years of relentless belief, stubborn conviction, and raw compete.

most won’t make it out, but those who do will be rewarded beyond measure.

$mfer

[expect mfers @expectmfers]

@sartoshi_rip a true classic

[expect mfers @expectmfers]

time immemorial: a point of time in the past so long ago that people have no knowledge or memory of it.

[expect mfers @expectmfers]

imp0ster for president 🤌

[imp0ster @the_imp0ster]

gm mfers 🌞

been getting tagged a bunch about this old mfer stuff so lets go over it together 💚-'

1. "mfers" is an nft project by sartoshi, the mfers art/ethos are memetic assets in the public domain, "unofficial mfers" was, in the beginning, an adjacent mferish community entity

2. unofficial mfers - as it was - began breathing its transformational death rattles on 6/9 '22

3. a wallet that owns the deployment contract and is receiving royalties from the og project is a project wallet. this is simple first principles. it is official mfers now, regardless of its name or its original values and purpose.

most elder mfers know this in their hearts - or would if they took a sec to think about it.

4. sartoshi secretly and suddenly gifted the contract and royalties to unofficial mfers on 6/9 ‘22 because he felt we were self-sufficient at the time based on dms between him and i where i kept him updated on what we were doing and the direction we were going, the discussion and governance platforms we were using, the fun little things we were trying amongst ourselves, and the way we were operating at the time. despite the fallout, sartoshi had the best of intentions, i'm 100.42069% sure of that.

but 2 years later, those points aren't really relevant - 5 of the 7 ppl who were on the unofficial mfers primary multi-sig and who were listening, upkeeping, and communicating before 6/9 are... no longer onboard.

why? quite simply because they knew it wasn't the same ship they boarded before 6/9, and they didn't want to go where it was clearly going.

5. all mfers are different. my own experiences in life (family farm, military (navy), etc) have led me to value transparency in leadership and dispersal of power and knowledge… but not everyone holds the same values. this is nuanced and contextual and i stress again that everyone is different. it is in the very nature of the ppl now steering the unofficial mfers multi-sigs, based on their own experiences (which i assume differ greatly from mine), to keep their movements and mission mostly opaque to the community. it’s abundantly clear that this isn't going to change and if you keep pointing fingers and jabbing at them - regardless of how strong you believe your arguments to be - they're going to continue doubling down and we'll all be divided further. not agreeing with them does not mean they are bad or untrustworthy mfers and doesn't mean what they're doing won’t be beneficial, even if the end result looks vastly different from the seed it grew from. it will become apparent whether this works or not upon reaching whatever their milestone is, and i'm sure it will be great. it's important to remember that division always stagnates a community’s growth and, in many cases, destroys it.

**that being said, i would def encourage whoever the current signers are to provide a short announcement maybe in the discord server (unofficial mfers, not the other one) about who is currently acting as a signer on the main big eth and base multi-sigs, i think that would help greatly. a massive thank you to signers and signers alumni, this shit isn’t easy and nobody saw it coming.

6. could unofficial mfers go back to what it was? no.

7. try to accept that things have changed and will continue to change. mfers really are just gettin started. we all resist change sometimes but listen to me: it's in the best interest of the mfers realm and of yourself in this space to move on from trying to reason and logic and exhume your way into the wheelhouse to steer the ship. we can still talk lovingly about the past and what was, which is always my intention.

8. if you disagree with what's happening "at the top" of whatever this is, that's ok. i still watch the chain as i always have, i still check in on the old stomping grounds, i still go out of my way to search for even stale crumbs of communication, and i get disappointed and discouraged and even angry sometimes too with the things that i… witness.

admittedly, some of that disappointment is lingering sunken-cost fallacy and is my own burden to carry post-6/9, but most of it is pure value-based misalignment with "the way things are" versus "what they could be" or “should be” or "could have been" or "how i would do it personally".

but that's ok... in fact, it's fabulous.

misalignment gives us direction and audacity... we try new things, branch out and do smth different, and aim to make things better in our own way. we all mfers, and every single one of us brings smth special to this strange and wonderful ethereal campfire we find ourselves all sitting around together. sometimes, the best way to disagree with smth is to simply ignore it and train the crosshairs of your love and attention onto a fresh new target.

9. if someone's being childish on the tl, let them. let them throw thinly-veiled insults at you because they have nothing else to provide. try your best to do better. turn the other cheek. god sees and knows all. let it go.

10. if there's anything at all that i can do to help you understand or accept or be at peace with any of this, please reach out to me. i am still here for you mfers and i am still listening. always have been. always will be. love you mfers.

qjivw nywx kixxmr wxevxih 💚

[expect mfers @expectmfers]

@jabranthelawyer appreciate your thoroughness, professionalism, and mferism

[expect mfers @expectmfers]

real mfers handle stuff out in the open and in a cool way. any other project in this space would be calling for blood but mfers work together and understand stuff happens. good post by jabz. smart mfer

[Jabz @jabranthelawyer]

Some thoughts on the mfers issues

For those that had better things to do over the weekend, you probably missed the mfers internal strife

The tl;dr version:

▪ a $130k transfer out of the unofficial treasury has led many mfers to demand greater transparency and governance over the use of funds

▪ the demand for transparency aligns with the initial intentions when the unofficial treasury was set up and there appears to be no justification to withhold information

▪ the demand for greater governance is new and doesn't align with the initial intentions but should be implemented if a majority vote is passed

-------------------------------------------

The looooong version:

What happened?

1⃣ A transfer of 10M $mfer (~$130k) out of the multisig unofficial treasury was questioned

2⃣ The response from one of the signers was seen as inadequate by several mfers

3⃣ Now, there seems to be 3 camps in the mfers community:

(i) those that are happy with the status quo and trust the multisig signers are acting in the best interest of the community

(ii) those that are unhappy and are calling for more transparency and better governance over the unofficial treasury

(iii) those that don't care either way, because why would a mfer care?

-------------------------------------------

Why this matters?

Imo, this issue shouldn't be readily dismissed. The mfers collection is a key NFT collection in the space. It is intended to represent true decentralisation, cc0 and community ownership

For those that don't know, in June 2022, @sartoshi_rip changed creator royalties so that the @unofficialmfers treasury received the majority of them. At the time of the change, sartoshi was told the multisig would be a 4/7 and that the 7 signers had a process by which mfer holders can vote on actions for the signers to take

This has changed through the years and it seems that the multisig is now 2/5 and the last vote took place on 1 April 2023, even though funds have left the unofficial treasury many times after that

-------------------------------------------

What are my thoughts?

If I was adjudicating this dispute, here's what I'd say:

1⃣ The simple idea of mfers for those that don't know is that "we all mfers. there is no king, ruler, or defined roadmap" and that "mfers do what they want". So, sartoshi is not the leader and the fate of the project is to be directed by those involved i.e. community

2⃣ However, as we see from both IRL and web3, anyone controlling the money exerts influence. So, those that are signatories to the multisig exert a higher degree of influence, especially with regards to the unofficial treasury, than the rest of the community

3⃣ The only way to "democratize" the influence is to ensure that the signers act as representatives of the community. It was clear from the initial set up of the unofficial treasury by @the_imp0ster that it was for mfers to "do more cool stuff". It appears sartoshi agreed with this idea

4⃣ It is also clear from the initial set up that there was no intention for every transaction from the unofficial treasury to be voted on prior to it taking place. In the one year after set up of the unofficial treasury, there are only 5 proposals but countless transactions

5⃣ As a result, although some mfers may disagree with the status quo, there is nothing to suggest that a DAO-like governance structure (or otherwise) is required when dealing with the unofficial treasury. Using this as a justification for "forking" the project is unreasonable

6⃣ However, there is a clear requirement on the multisig signers controlling the unofficial treasury to ensure that every use of funds is for the sole purpose of allowing mfers to "do more cool stuff". There is no other clearer purpose

7⃣ The onus then is on the multisig signers to prove that every transaction undertaken from the unofficial treasury aligns with that purpose. If it is not, then that transaction does not align with the responsibility the signers have

8⃣ The only circumstance that would justify a transaction that doesn't align with the purpose is if it was voted on and authorised by the community

9⃣ The next steps then are:

(i) Signers to provide transparency on the transactions, especially when questioned. There doesn't appear to be any justification for not being radically transparent

(ii) Should a transaction from the unofficial treasury be required that may not necessary allow mfers to do more cool stuff, then approval should be sought for it

(iii) Should the community require greater restrictions on the multisign signers or change their role from the original purpose, then they should make a proposal

(iv) Any proposal that has a majority vote must be complied with by the multisig signers

- Jabz, Web3 Adjudicatoooor

[expect mfers @expectmfers]

@the_imp0ster size matters

[expect mfers @expectmfers]

@supernalmystic gm supernal

[expect mfers @expectmfers]

if you stub your toe you say mfer

if you buy something nice you say mfer

mfers forever

[metabananasᵐᶠᵉʳ @MetaBananas]

good morning motherfuckers

do whatever the fuck u want

[expect mfers @expectmfers]

@MetaBananas noted

[expect mfers @expectmfers]

@blackalatse_ @MNCHRMSBTC based

[expect mfers @expectmfers]

@sartocrates that was the best version of windows btw

[expect mfers @expectmfers]

@MNCHRMSBTC b&w mfer 🤝

[expect mfers @expectmfers]

@mferimprint dope AF

[expect mfers @expectmfers]

@BlackSheepMfer always

[expect mfers @expectmfers]

once u become a mfer, u are locked into an eternal struggle to understand yourself through ur mfer. for what u have bought is not a nft but a mirror.

somewhere along the blockchain, the beginning of the rest of your life has been marked along with others on the same journey.

[expect mfers @expectmfers]

@CryptoG00F peer to peer mfer system

[expect mfers @expectmfers]

@BlackSheepMfer blacksheep mfer humor

[expect mfers @expectmfers]

@sartoshi_rip boss