Fennec
Fennec $FNNC
INTRODUCTION TO OUR PARTNERSHIP The founder of Fennec is a seasoned and considerably well-versed individual that has participated in and closely studied the cryptocurrency industry for over 7 years. Despite this experience, he has admitted that it is a humbling and exciting opportunity to partner with the Skol project.
Fennec’s founder, and the team in general, have phenomenal adaptability to the utility and speculation markets that they are inherently immersed in. Skol has arguably opened up doors and opportunities that Fennec may be prepared for, but was unaware of previously. Our partnership with Fennec has been deemed (by Fennec) to be a revolutionary opportunity for the Fennec team to capitalize upon their full set of talents and skills.
INTRODUCTION TO FENNEC Fennec is a decentralized peer-to-peer digital currency that allows users to send funds and store wealth online without any third party. Fennec is one of many cryptocurrencies, but it is the Fennec community’s conviction that its native cryptocurrency and independent network will become a respectable store of value within several years.
Fennec operates on its own blockchain, and is a proof of work (PoW) coin (as opposed to being a token on an EVM chain). For this reason, Fennec is completely unique from Skol, having different yet equally valuable attributes. This uniqueness gives Skol’s team relevant and informative updates about Fennec’s niche side of the cryptocurrency market, further empowering Skol as it continues to aggregate leverage over the industry as a whole.
FNNC X SKOL LIQUIDITY WEBBING We have hardly begun discussing Fennec’s potential to integrate into the Skol ecosystem! To start, both teams have formed a phenomenal rapport and have demonstrated great collaborative potential. The Fennec team is more than confident in Skol’s future. This statement could not be emphasized enough, and as such, Fennec aims to provide considerable liquidity in multi-chain/multi-network liquidity pools with Skol.
Fennec and Skol are both pursuing (and achieving extensive) multi-chain accessibility, and Fennec aims to establish and continually invest in their FNNC/SKOL liquidity pools. This not only pushes both administrative groups to compete (from a development and liquidity perspective) in a friendly fashion, but pushes both parties to support each other while continuing to grow.
EVM CHAIN UTILITY: FENNEC INTEGRATION Despite the fact that Fennec operates on its own native blockchain, completely and distinctly separate from the typical EVM chains such as Ethereum, Arbitrum, Binance Smart Chain, etc., Fennec has adapted to their general obscurity and lack of retail accessibility by creating bridges from the native Fennec blockchain to these more popular EVM networks.
Skol has a development team that is fully capable of accommodating the tokenized Fennec (FNNC) on these EVM chains. In terms of accommodation, we are referring to integrating (tokenized) Fennec into Skol’s ecosystem, to a much further extent than one may have initially assumed was possible. Skol’s team has connections and in-house developers that are capable of potentially supporting Fennec’s expansion onto entirely new EVM chains as well!
Now… the part we have all been waiting for! How will Fennec integrate into Skol’s ecosystem?
RIBE: FENNEC INTEGRATION Ribe is an OTC (Over-the-Counter, or Off-the-Chart) trading application and platform. This application enables users to exchange cryptocurrency assets without an associated ledger or record of the specific peer-to-peer exchange rate for a particular transaction.
The introduction of an new, safe, and easily accessible OTC platform simply means that a private transaction no longer needs to affect the global or general price chart for a given asset. Additionally, the asset’s private OTC transactions will have significantly less, or otherwise nonexistent, price impact or price slippage. At the very least, Fennec’s tokenized and EVM chain compatible derivatives will be fully integrated into Ribe.
Fennec is scarce by design, with an extremely low emission rate as it pertains to using computers to mine and accumulate the FNNC coin. Despite having EVM chain accessible derivative tokens, new Fennec will only ever be mined, the supply slowly expands until it has reached a maximum supply. With this scarcity model in place, large transactions will likely and preferably be handled OTC with platforms such as Ribe. It goes without saying that Ribe is a phenomenal innovation for projects such as Fennec.
RUNESTONE: FENNEC INTEGRATION The Runestone platform has the potential and likelihood to take the world by storm as Skol continues gaining its earned global reputation. Merging both of these similar yet unique industries has been attempted before, but has never been done so seamlessly. Tokenized, EVM-chain compatible and derivative Fennec stands to be a source of liquidity for exclusively designed games that feature the Fennec cryptocurrency project. Additionally, there may be the potential for Fennec to be integrated into several Skol-developed P2E (Play to Earn) games, as a secondary reward for playing a particular P2E game.
Skol’s priority is to favorably support Skol, which goes to say that Skol will exclusively be the tipping medium for players that wish to contribute value to other players or streamers on the Runestone platform. However, with time, if earned through merit or other forms of contribution to the Skol project or Runestone platform, it may (at the very least) be possible that Fennec could become a distinctly secondary, yet respected, medium for tipping on the Runestone platform as well. This is ultimately up to the Fennec team.
ORRUSTA: FENNEC INTEGRATION Orrusta has the potential to be a new cutting edge platform, with enticing exposure for competing and partnering brands alike. With approved advertising campaigns, Skol can and will deploy an ad-fueled revenue stream through Orrusta. Fennec will likely have its own forms of independent revenue generation as its own project matures.
In the interest of maintaining a self-interested presence within the Skol ecosystem, Fennec is very likely to seek out ways to develop in-house, on-site features that may add sophistication to Orrusta. This is an abstract idea, as Orrusta may be close to full comprehensive utility as it currently exists. The main point to be made throughout this partnership entry is that the Fennec and Skol teams are connected to the extent that ideas may be implemented seamlessly upon the Skol administration’s approval.
RAGNAROK: FENNEC INTEGRATION Ragnarok, even in its beta development phase, has proven to be a game that has the potential to disrupt the P2E ecosystem. Ragnarok will most especially disrupt the gaming and crypto industries in conjunction with Skol’s surrounding features, which not only grant exposure to Ragnarok, but provide proof to players that the game was created by sophisticated developers, capable of making constant improvements and remaining at the cutting edge.
In consideration of Ragnarok’s current value, as well as its potential, the Fennec and Skol teams are in discussions of finding the means of implementing exceptionally active and supportive partners into Ragnarok. At the current moment, the Fennec team has suggested using EVM-compatible, tokenized FNNC as an asset that can be earned or used in-game. Ideally, the asset would be consumable; the Fennec team has suggested using tokenized FNNC as a rune for spellcasting, in the event that new classes be introduced to Ragnarok in the future.
OUTRO The Fennec and Skol teams have agreed that many of Fennec’s current plans of implementing into the Skol ecosystem are welcome, and in some cases, extremely likely. With this said, it should be known that the Fennec and Skol teams have great potential to co-opt in future ambitions as well, which will likely support their primary projects (Fennec or Skol) in proportion to the amount of work performed by each team.
These two teams are distinctly different, but respectfully recognize the strengths of their partnering team. In regards to unmentioned ideas, anything can happen, and anything can be developed as these partners scale up their growth rates. These partners have proven to be effective in working with one another many times in the past, and are more than excited to observe the future, side by side.
Socials:
Website: https://www.fennecblockchain.com/
Telegram: https://www.t.me/FennecPortal
Twitter: https://twitter.com/Fennec_Crypto
Linktree: https://linktr.ee/FennecBlockchain
Tokenized Coin Contract Address (ETH): 0x3cba4ac389d774d1b5f1391ceacb4a1717b6fc60
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