Goals & Dreams
Last updated
Last updated
A Fools Errand: Creating Wealth
For a long time financial education has been lacking, and creating long term wealth has been disincentivized. In a society that does not save money, lives paycheck to paycheck, and is frivolous with their money (money the literally trade their time - and therefore life - for) we are the few who stand out.
With a variety of treasuries and funds we aim to create a sustainable cash flow for all FOOL's Guild members. Not 1 cent of deposit or withdrawal fees will go to Guild members. It will be used to create a stable coin treasury to give FGOLD a floor, a guild treasury (partnerships, advertising, upkeep costs), a Defi Fund, and a Guild Launchpad Fund.
The Guild's long term goal is to establish large enough treasuries that protocols seek us out to compete for our assets to boost their liquidity. Every goal sounds admirable on paper, but how do you get there? "A Goal Without a Plan Is a Wish" ~ So here is the plan (Full breakdown on Roadmap) when it comes to building initial income streams:
Apply for and launch guild farm on LootSwap.
Create a LootBox and fill it with 1% of all FOOL emissions, 10% of all partnerships and random crap we can find to stick in there.
Immediately put the Defi Fund to work for semi passive yields.
Raise enough ONE for Delegation.
Launch first NFT line and Presale.
Launch website for first NFT lottery to raise desirability and use of NFT's to further sales and game design.
This is not the whole plan, this is the first 6-8 months of a larger 5 year plan. FOOL's don't play checkers, we play chess!