Blockchain is known as “the cornerstone of value internet”.At present, the whole blockchain industry has gradually separated from the fanatical concept hype period and entered into the stage of rational development.
As stuff created by a group of idealistic geeks advocating democracy, blockchain is not so much new technology as a new business model. Compared with the centralized model of traditional internet, blockchain does neither require any broker nor need to collect any information from both sides in the transaction, and transactions can be completed freely from point to point.
The essence of human society is collaboration. From a technical level, blockchain solves the core problem of collaboration — trust. In order to achieve the principle of equity, sharing, and transparency of distributed business, the advantages of distributed technology with open source as the main character can be exploited to the full. Blockchain technology and distributed ledger technology have gradually become representatives of cutting-edge technologies.
However, it will not be promising by relying on the value alone. In fact, the value of internet technology is that internet technology works effectively only when its application scenarios continue to increase and it is integrated into the life of ordinary people. With reference to the development of the internet era, we will be able to explore the new ideas of the blockchain industry in the era of the digital economy.
As the bubbles of the crypto tokens are disappearing, many blockchain projects start from the value and establish a positive cycle for sustainable development.
FUNGRAM is a decentralized blockchain application navigation search platform, aiming to establish a simple and intelligent navigation portal to the blockchain world. It brings together social networks, insurance, loans, leverage, and other financial derivatives to provide a financial basis for user infrastructure and create a secure, private, and efficient global financial system.
In the decentralized investment system created by FUNGRAM, there are no monopoly and suppression by big bankers. It is a fair mechanism for all people. The USDT game of the platform will release the game announcements regularly. For example, the goal of crowdfunding in the first phase is 10,000 USDT, the crowdfunding in the second phase is started about 5 days after the success of the first phase, and the goal of crowdfunding in the second phase is 13,000 USDT. The goal of crowdfunding in each phase is increased by 1.3 times of the previous phase. For example, the goal of crowdfunding in the third phase is 16,900 USDT.
However, there will be a large number of players who want to make reservations for crowdfunding. For each period, the idle funds which have not been listed in the reservation sequence will be automatically converted into Reservation Mining to generate FUN.
As the core token of FUNGRAM, 1 billion FUN will be issued, in which 80% is used for ecological construction (reservation mining, airdrop reward, community reward, and other ecological expansions), and the remaining 20% of the fund will hold the position for 5 years and be released by 4% annually.
Rules for Reservation Mining
1. FUN is output by reservation mining. The FunGram players will be rewarded for reservation.
2. Output base calculation:
A. 10,000 FUN are released as a base number per day, and 10% is increased every 5 days.
B. The distribution ratio of each person per day is as follows: Amount of individual reservation per day/overall amount of reservations per day.
C. Statistical rules for the proportion of individual reservation/overall reservations: Make a snapshot of the amount of reservation at a fixed time (e.g.: 0:00) every day, and total amount = the total amount of the snapshot reservation at 0:00 on Day D. The amount of individual reservation is based on the snapshots at 0:00 on Day D and 0:00 on Day D-1, both of which are greater than 0. It is recognized that the user has the right to open the FUN treasure box on day D. Take the minimum value of the two values as the amount of individual reservation.
D. Between the snapshot time each day and the snapshot time the next day, the one who is under reservation gets an opportunity to open the FUN treasure box and obtain FUN by opening the treasure box. It will be invalid after expiration.
E. The number of FUN obtained by each person per day = the total amount of FUN base number on the current day x (individual reservation/overall reservations) x lucky coefficient, the lucky coefficient = 0.1~10 random numbers, and the random number is a positive number with 2 decimal points reserved.
Only with the positive support and justice protection of miners can cryptocurrency realize the ecological and sustainable development. The final consensus of the FUN mined by us is still based on the fundamentals of the token value. In this sector, FUN has a considerable application value.
1. Repurchase FUN in real-time with 25% of the platform commission income.
2. If the loan interest is 0.1% per day, FUN can be selected as a payment currency, and the interest discount can be enjoyed. Meanwhile, the interest generated will be repurchased in real-time.
3. FUN is the currency used to issue Money Pot/advertisements, and 5% of the purses issued each time will be destroyed.
4. FUN is the only payment token of search function bidding rankings, and users compete for the display priority right by paying FUN.
5. In the future, the requirements for a certain number of FUN held will be imposed on the assessed team performance.
6. Other ecological applications
According to the objective law of the cryptocurrency market, those who participate in reservation mining early will be benefited early and enjoy higher post compound interest incomes. In the end, the value of FUN will flow to the holders and investors. When you have a valuable token, you will be quite valuable as well.
