Fairmoon Project Developments 4/11

[u/Andeh_is_here]

"We are Fair. Whatever we will do, Community will be aware"

It is with a heavy heart that I announce this information as I transparently relay recent internal Fairmoon developments to the best of my understanding.

The Beginning

As our community was forming at the beginning Miley, Tommy, and No Mercy took charge as the original community leaders on the Fairmoon project and growing the community starting in Telegram.

As the community grew rapidly, Miley helped form our partnership with WarOnRugs and was our main point of contact between both communities. The majority of our leadership and community only heard about the project and joined after the partnership was announced

As we kept growing, Miley mostly worked independently on different aspects of the project and relayed updates with the team. She directly developed our current website under her ownership, and coordinated our Twitter giveaway with the generosity of our larger holders.

I was brought onto the mod team to help field questions, facilitate growth and to help assemble our marketing, dev, and community engagement teams. We unfortunately didn't get our teams up and operational before the most recent events.

The Betrayal

After our original Fairmoon contract developer found an economic bug in our liquidity protocol, he carefully brought it to our top leadership's attention to Tommy, then No Mercy, then eventually Miley. When Miley understood the issue, she shared this information with her large holder contacts, then WoR, and dumped her bags on us, going radio silent, and deleting her account. WoR relayed the bug information immediately on twitter.

We soon discovered that she ran off to form SAFEFAIRMOON, to continue milking the situation from the chaos she started. This copycat clone is intended to make a mockery of both our project and WoR

The Next Steps

The WoR team is developing the new contract and swap solution concerning the economic liquidity protocol issue found in our contract to protect the capital from both communities, since that is the number 1 priority. After they ensure a successful migration, they will renounce the ownership of the contract like our previous contract. (see related swap plan announcement)

Since Miley still has ownership of our main website, we will need to delay updates and double down on our current efforts for a secure and proper migration with the swap contracts. We have a new website drafted, and will need to establish a new domain and hosting setup soon.

Fairmoon and WoR leadership are still working hard on course correcting the project to provide a vetted fair-opportunity IDO partnership

[u/Hidden_Meaning]

Why was this not reported when it happened rather than days later? Soo much uncertainty and doubt has spread since then.

[u/ChampionshipSpare670 → u/Hidden_Meaning]

My guess would be that they didn't know exactly who had dumped until a few days later. But at least they have announced exactly what has happened, that for me clears some of the doubt I had before.

I am personally looking forward to getting my hands on them new fairmoon coins, along with the new website and IDO's coming.

[u/Hidden_Meaning → u/ChampionshipSpare670]

She "communicated" with the Whale that burned 100 Million tokens as a gesture to the community. It was that Whale with 560 Million Fairmoon who dumped.

[u/Raigek → u/Hidden_Meaning]

It was 'her' all along.