Futureverse & The Root Network 101 (Long Read)

I became familiar with the precursors of the @futureverse / @TheRootNetwork as a participant in the LPB of @altstatemachine in 2021. Since the introduction of the Root Network and Futureverse in 2022 and 2023, I've begun participating in the ecosystem.

In this article/thread, I aim to provide an initial introduction to the projects, noting that for many, the myriad developments and tokens involved can lead to confusion and dismissal. I’m not going to explain every individual project and technology in detail, but I will help you with the thinking framework for a general understanding to speed up your research and introduction to the ‘Open Metaverse’.

Additionally, I will share articles and posts that will help to get a deeper understanding of this project.

$root $asto $sylo $xrp Goal and Expectation Setting
Due to the origins of this project, there's ongoing confusion about why it involves so many different tokens. I encourage you to look beyond the 'this must be a grift/cash grab' critiques commonly encountered in the crypto world (not without reason in many cases). If you can't, then perhaps this project isn't for you. To truly understand it at this (early) stage, some level of participation is essential.

Yes, this could represent a financial risk, as you're betting on an entire ecosystem to thrive. However, to me, that is precisely the primary rationale for making an investment: belief in the concept. Personally, I believe they are attempting to launch this in a legitimate way, but it's ambitious and can seem scattered at times.

As time progresses, it all starts to make more sense, and the pieces begin to fall into place. Yet, it could still be a long journey.

This project isn't suited for active trading yet. The most rewarding approach is to invest for a longer term and participate, which is generously rewarded through various incentive and reward programmes.

A bundle of my threads on @FlexaHQ & @amptoken $amp 1/ Storytime: Real-world digital payments with Carrot Bank's new Wallet App

https://twitter.com/floatingratio/status/1423301696910938117

A thread: AMP–O-NOMICS - Key insights on the utility of @amptoken in @flexahq

@FlexaHQ $AMP @amptoken 1/ Introduction; In this thread, we explore the most critical factors that will drive the value of $amp as soon Flexa Network gets up to speed. All used numbers are guestimates since the majority is still evolving for @amptoken & @flexahq.

A thread: A realistic perspective on @FlexaHQ's mission to become a leading payments network (1) 1/ We're at a stage we take online and virtual payments for granted; it works almost natively and instantly via all kinds of devices and platforms - you put money in somewhere, and it magically comes out elsewhere.

A thread: A New Payments Network Based on Equality
@FlexaHQ $AMP @amptoken 1/ Payments are not broken; for most consumers, it works perfectly fine. Yet, the foundational elements are ending their lifecycle - and that is where innovation stagnates, and processes get unnecessary cumbersome, slow and expensive, eventually, to the cost of us all.