GGet Money Digital Welcomes Fennec Blockchain To The Get Money Ecosystem!

We are pleased to announce we are currently working on finalizing a partnership agreement with FENNEC Blockchain. This is an exciting new opportunity that will allow us to strengthen and grow a solid base in the crypto space while we expand to various chains and deploy our defi acceleration program.

About Fennec,

Fennec is a Bitcoin fork with a strong community outreach effort. Over the next 6 months, our goal is to have 1000–2000 members in our Telegram and Discord groups. Because Fennec is not a BSC, ETH, or other L1 Smart Contract Token, it has a very unique set of traits that signify it as a cryptocurrency project with more potential for adoption. This project is going to be a long one, and a slow one, with CEX listings coming every several months.

Fennec can be mined through the YescryptR16 algorithm. This will allow for sufficient network security and support, as well as an opportunity for community supporters to acquire extra Fennec! Proof of Work cryptocurrencies tend to gain the most adoption over time. The fact that Fennec is being mined on the YescryptR16 algorithm means that many old GPU/CPU miners could be put to work by mining Fennec! With the ETH merge (changing to Proof of Stake, as opposed to being Proof of Work as it was), many of these CPUs/GPUs currently have nothing to mine. If Fennec becomes popular, it will give these CPU/GPU miners another chance to be productive. This will give us many more potential miners, which translates to a more secure network and more decentralization! For this reason, we have chosen to utilize the YescryptR16 algorithm.

Because this is not a BSC, ETH, or other L1 Smart Contract Token, it is not listed on DEXs, but it can (and will) be listed on CEXs that do not require KYC (Know Your Customer), as well as CEXs that do require KYC. The roadmap discloses much more, but for those who are interested in creating a lasting community, Fennec is a great place to start! Coins are different from tokens in the sense that coin distribution is often slightly centralized at launch, but progressively decentralizes over time. Coins are also different from tokens because they are typically more sustainable cryptocurrencies, with far longer lifespans. As the community builds and exchange listings increase in quality and variety, Fennec will be distributed among a much larger group of potential holders.

While Fennec is opposed to BSC and ETH token volatility, we have recently finalized our plans to be integrated on the BEP-20 (BSC), ARB-20 (Arbitrum) and ERC-20 (ETH) networks, through derivative tokenization of Fennec. Each Fennec token on BSC, Arbitrum or ETH will be equivalent to 1 Fennec coin on the native chain. With a 2% maintenance and development tax on each transaction, as well as a 3% liquidity tax, these chain integrations will serve as a potential fundraising source for the Fennec project while providing accessibility and convenience to a larger speculation pool. Because every Fennec token is backed by a Fennec coin (native chain), every new token brought into circulation will need to have been mined on the original, native chain. This gives the Fennec project all of the value-backing and sustainability of a Proof of Work coin, while also having the same fundraising functions, liquidity pool stability, trustless DEX integration, and retail accessibility of an EVM chain/network token. It is truly the best of both worlds!

In addition to all of these features, a community member has stepped up to create a partnering entity known as Fennec Productions Incorporated (FPI). FPI creates, distributes, and modifies merchandise for a growing plethora of cryptocurrency projects, providing us with new social connections within the space while supporting the industry. Additionally, FPI produces exclusive Fennec merchandise on their platform, while simultaneously managing a children’s book series and corresponding merchandise line for the book series. 10% of the profits this business generates will be paid to Fennec Foundation, the blockchain entity otherwise known as Fennec Blockchain (the entity that has authority over the FNNC coin itself). These funds can fuel liquidity, promotion, maintenance, and development of the project. 10% of this royalty payment will be donated directly from Fennec Foundation to Make a Wish Foundation.

While we are extremely excited about Fennec Productions Incorporated, the new EVM chain integration and tokenization of Fennec, as well as the community Fennec has formed in general, we are also anticipating a masternode implementation for the Fennec native chain. Upon adequate funding, Fennec will need to double down on network scalability and security. There is no better way to do this besides the incentivization of node creation, and implementing masternodes will allow Fennec to have a large number of additional network nodes. It is our aspiration to have a low collateral requirement for these masternodes, so that a larger number of nodes can be created, while also providing a larger group of the community with block reward compensation in exchange for network support. This decentralizes the coin emissions far more than projects with colossal masternode collateral requirements, because the percentage of emissions directed toward masternodes is being distributed to a larger number of holders.

We are always open to suggestions, we are always open to innovation, and we are always open to driving more value to the Fennec project. As we approach our year anniversary, things have not looked this bright for Fennec in quite some time. We are eternally grateful for those who continue to show support, who continue to build value within the project, and who continue to represent us unapologetically. To those simply getting acquainted, we appreciate your time and consideration… Welcome to Fennec Blockchain!

To learn more about Fennec please use the following links below:

Swap Fennec on Xeggex https://xeggex.com/asset/FNNC

Watch AMA’s on Youtube https://www.youtube.com/channel/UC4oHo3nj_apg1vZ8_t9JSBw

Follow Fennec on Twitter https://twitter.com/Fennec_Crypto

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