This manifesto is a living and breathing document updated as necessary to serve as an encompassing, authoritative, in-depth vision & value statement for INU TOKEN and the INU Ecosystem. The content in this manifesto is subject to change as seen fit for and by the community.
INU [THE OVERVIEW]:
Creating a self governed economy is no easy task. But it is a necessary step towards creating a sustainable cryptocurrency project. Most projects today are based on the greater-fool theory that relies on finding someone who is willing to pay more than what you paid for the same thing. This, to a great degree, is the schematic for most cryptocurrencies. This is a system that is designed to eventually collapse or experience heavy duress if new holders aren’t acquired.
This aforementioned system is what we will refer to as the second iteration of cryptocurrency. What INU proposes will bring about a new iteration of cryptocurrency that harkens back to its first and original iteration. The first iteration of cryptocurrency (BITCOIN) was to create a decentralized alternative to fiat currency that is digital, scarce, permissionless, and assigned value based on the strength and support of its community.
What INU proposes is to develop the newest iteration of cryptocurrency, in which we take all the core principles and tenets of the first iteration of cryptocurrency and incorporate an extra layer of proprietary technology to cultivate entrepreneurship facilitating and encouraging transactions to reinforce our decentralized economy.
TECH:
INUSWAP- This will be a decentralized swap that will allow our community to swap and trade tokens on the Ethereum blockchain.
INU DECENTRALIZED MARKETPLACE: This tech will allow users to create a decentralized storefront that can be used pseudonymously by simply using an ETH address. The tech will use NFTs for receipts, order tracking, and inventory serial numbers.
PROJECT X: The completion of the INU DECENTRALIZED MARKETPLACE will then allow us to continue on to the top secret plans (to be revealed and discussed at length at a later time) of “PROJECT X”. PROJECT X will be underpinned by the idea that crypto projects that fail to create an economy in which people can transact will ultimately fail. PROJECT X will be used to make sure we are a long term project with indefinite sustainability that requires a continuous commitment to exploration.
TOKENOMICS:
Tokenomics are simple: 0% buy and 0% sell tax to prevent the centralization of funds by an authoritative figure.
PROBLEMS ADDRESSED:
Creation of a truly decentralized economy and project in which everyone has a fair chance to participate.
Further decentralization of the overall cryptosphere.
Creation and maintenance of a space that facilitates the exchange or transaction of goods and services with a level of security that lends itself toward pseudonymity.
