Phase 1: fantomGO Takeover; Correcting The Problem. | by fantomGO | Apr, 2022

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Building A Foundation

Elon Musk once said, “Starting a company is like having a child.” And boy, was he correct. It’s difficult because there’s a lot of work, long nights, and you’re in charge of something greater than yourself.

And once you have that child, you must nurture it so that it grows into a healthy and productive adult, and there isn’t exactly a manual to follow; it’s an all-around learning experience. This learned experience is indeed something that we went through while developing fantomGO.

In the process of launching fantomGO, we learned an important lesson that we have been working to correct. Retail investors are the community’s backbone, and we will now take the most protective measures to defend them.

Bridging The Gap For Retail

We’ve seen that the market is unforgiving and can eat good projects alive. If you are not willing to accept that some of those in this space will simply take but add no value, the community that is supporting you will suffer because you stay stuck without pivoting. The goal of crypto is to give ordinary people a fighting chance in a world that is stacked against them. We want to make sure that this is true in everything we do in the future, not just in words but also in deeds.

We’re in the midst of a digital gold rush, which will most likely last for decades to come. The popularity of crypto will continue to grow, and there has already been a significant shift. The world is beginning to understand the power of crypto, and it is only getting started. That is why we at fantomGO will take preventative measures to protect the new retail investors entering our space, creating an environment that fosters growth and trust for the crypto space.

In order for us to be position the community/retail for success, we are implementing the following:

  1. Buybacks of the FTG token and removing those tokens from circulation.
  2. We are extending investor vesting to 24 months total. (18 months approximately from the date of this publication).
  3. We will mandate all private/seed investors to be liquidated through our market maker in programmatic liquidation structure to protect the market performance on industry-wide market slumps.
  4. We will mandate that all our IDO’s enforce the same protective measures so that our retail investor community is always guarded and cared for.

Powered By Retail Investors. Together We Rise.

We are retail investors’ champions, assisting newcomers to crypto by establishing a foothold in a space that is firmly planted on a foundation that benefits them. We are committed to increasing transparency and fairness in an industry that has been plagued by shady actors and robberies. As we usher in the new shift and push for dynamic change, there are numerous improvements that must be made.

We’ve been quietly waiting in the wings, finalizing the terms that will protect retail investors in our own project. fantomGO is proud to push for a future where all of our launches and partners will employ the same structures to protect the backbone of our projects — the “mom and pops” retail investors. Keep your notifications turned on because we’ll be doing a lot more regular updates as we ramp up the fantomGO Takeover aimed at protecting investors so that the crypto space earns the credibility and respect for us to be taken more seriously in the financial world.

In an ever-changing market, we are focused on our unwavering commitment to delivering fantomGO through this market and beyond. We are building with the crypto community and retail investors in mind. We are stronger now than ever and we are excited to have you on board for the ride. Please look out for our next updates soon, which will be more focused on the state of our tech and advancements in the project fundamentals. Thank you for your support!

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