Trust has been severely impaired in the crypto space of late and poetically the triggering event, the terra luna implosion, was called over a year ago by the founder of fractally.
https://twitter.com/bytemaster7/status/1525489410061520896
- bytemaster7
The carnage continues today with BTC falling below 19k and firms like 3 Arrows Capital being ordered into liquidation via court in British Virgin Islands.
Fractally is poised for growth and adoption during this wipeout. Fractally will serve to redefine DeFi and Web3. The fractal standard of DeFi will be defined by the ability to obtain stable assets and yields. This will be accomplished through the eventual formation of fractal businesses that will pair real utility tokens (space based nodes for example, which Fractally in Orbit team is actively working on) , 100% physical bullion backed tokens (also well under way with quintric.com ), and other fractal community tokens backed by an actual business model and profits. The tokenization of Respect and new consensus mechanism will power this growth.
I envision the fractal ecosystem empowering other vital sectors of society besides just finance. I look around and see a collapse in trust in traditional media, big tech, medical, food, and education. I can see on the horizon, the development of communities that leverage their Respect and consensus to empower a voluntarist parallel society where true local organic farmers, holistic doctors, honest journalism, censorship resistant social media, and real teachers can all organize a more efficient and trustworthy decentralized structure.
The bubble is deflating and the pin is the rising interest rate, couple this with the recent civil liberties assault via lockdowns/mandates, and we have the veil of freedom and independence lifted for all to see. Either do what we say or we take your livelihood away from you by this deadline. Humanity is at a crossroads and fractal governance is trailblazing a pro-human path forward with the De-gov process being a formidable vehicle for building our future. Now is the time to join and be a part of the Renaissance! https://gofractally.com/share/fe4f19Dp_4KCr9av?utm_source=manual