We now have lengthy acknowledged that to ensure that cryptocurrency to succeed in mass adoption, a type of cryptocurrency that has higher price stability than current cryptocurrencies like BTC and ETH can 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 will use the cash to purchase merchandise. Sadly, we have discovered that the prevailing stablecoins all have varied flaws; Tether is unauditable, Nubits has already once collapsed in value, Seignorage Shares is after three years nonetheless just a whitepaper and MakerDAO is an insufficient joke as a result of…. causes. Consequently, we have determined to take issues into our personal palms, and subject 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 consumer 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 embody 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 this planet.
World Commerce Francs will permit humanity to flee political oppression and obtain true particular person self-sovereignty and international free commerce, utilizing permissionless international community, and a World Decentral Financial institution, which can be capable of implement Excellent Financial Coverage that may permit the world to stay 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 of 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 actually care about us falling on that facet of the excellence for some cause.
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 turn out 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 earnings mechanism the place member nations can apply to affix and obtain a share of WTF issuance provided 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. Value stability of the WTF will likely be ensured by way of Oracles.
We attempt to create a decentralized financial system that enables everybody to freely purchase, promote and maintain steady tokens, with out counting on centralized companies. The legislative energy will likely be transferred from an opaque centralized authority to clear codes. Guidelines and platforms will likely be fully clear and based mostly on faithfully executed good contracts. By empowering the customers, we’ll rework the financial system on a world scale.
Anticipated value trajectory