Friends With Benefits — Tokenized Community

︎ What is Friends With Benefits?

Friends With Benefits is a private discord server. A group chat full of our favorite thinkers and creators. You can think of FWB like any other social network, it's a space that has value because of the content and ideas the users of that social network create and share.

The thing that makes Friends With Benefits different is that in order to be a part of Friends With Benefits you must own at least 55 $FWB cryptocurrency tokens.

$FWB cryptocurrency tokens can be purchased on Uniswap and on other decentralized exchanges.

Once you've purchased 55 $FWB tokens you can join the discord here.

︎ Why is that exciting or interesting?

Because it means that everyone who is a part of the community is literally invested in the community's success.

As the community becomes more appealing, and more people want to join Friends With Benefits there will be more demand for $FWB tokens which will drive the price of $FWB up and make the existing $FWB holders (community members) wealthier.

The simple idea is that if we all participate in the upside of the community we'll collectively work to make it a better place. In short, we can be friends the same way we are in our group chats, on twitter, and in other forums but in this case, it comes with some real benefits.

︎ Crypto is hard. How do I get $FWB tokens?

1. Turn your Fiat ($,£,€, etc.) into Ethereum (Cryptocurrency). For most of you the easiest way to do that will be via Coinbase. On iOS you can do this with Apple Pay by using Rainbow Wallet.

Click here for a tutorial on how to setup a coinbase account.

2. Once you’ve setup a Coinbase account or Rainbow Wallet (iOS) purchase some Ethereum (You’ll need 55 $FWB worth of Ethereum. )

3. On desktop Install a browser-based Ethereum wallet called MetaMask. On iOS you should already be using Rainbow Wallet.
Click here for a tutorial on how to install Metamask.

4. Next send your purchased Ethereum from Coinbase to the Metamask. On Rainbow wallet you should already have the ethereum you purchased with Apple Pay.

Click here for a tutorial on how to send Ethereum to your Metamask wallet.

5. With Ethereum in your Metamask you can now swap your Ethereum for $FWB at the Uniswap Exchange by clicking this link. On rainbow wallet you can swap your ETH for $FWB using the “swap” function.

Here's a tutorial on how to use Uniswap.

6. Once you’ve swapped your ethereum for more than 55 $FWB tokens you can join the discord and follow the instructions in the #welcome channel. (If using Rainbow Wallet remember to use “WalletConnect” to connect Rainbow once you’ve clicked the link DM’d to you by Collab.land)

︎ $FWB Tokenomics

A fixed total of 10m $FWB tokens exist. No more $FWB tokens can ever be minted/created.

2m tokens were allocated to Trevor upon issuing the token. Roughly 200,000 tokens accrue to that same wallet each month over 3 years. These tokens will not be touched and will shortly be moved to a community treasury or burned.

The idea is that we will be using those tokens to incentivize our favorite thinkers into sharing their creativity with the community.

Community members can earn tokens for providing value in a number of ways, including but not limited to being active in Discord, attending community calls, hosting recurring events and overseeing collaborative programs.

Interesting in running your own FWB segment? Give a staff member a shout in Discord until then tweet us.

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