Fomo ETH (FOMO)

Fomo ETH (FOMO) represents an innovative approach to cryptocurrency, incorporated into the larger vision of Universal Basic Income (UBI). This coin is designed as part of a social experiment to create a stable and equitable digital environment free from external economic influences. The underlying goal is to provide financial support to individuals from all backgrounds by leveraging the principles of UBI, thus contributing to a crypto-utopia where equality and accessibility are prioritized.

The economic model of Fomo ETH is characterized by a cap of 1,000 trillion tokens that are wholly in circulation. The structure is carefully designed, with 95% of the total supply allocated to liquidity and the remaining 5% dedicated to NFTs and the development of its ecosystem. This arrangement fosters a self-sustaining financial environment, while some transaction fees are directed to UBI Relief Funds. This mechanism allows eligible users to claim relief funds incrementally, reinforcing the coin’s commitment to supporting those in need.

As part of its innovative features, Fomo ETH employs a deflationary design to enhance long-term value. The model includes a systematic token burn when the coin’s value increases significantly, further driving scarcity and increasing potential profits for holders. Through these features and its broader commitment to UBI principles, Fomo ETH aims to reshape the cryptocurrency landscape, emphasizing community support, economic equality, and sustainable growth in the digital realm.