👚Apparel, Beauty & Cosmetics Leviathan
Free Token Symbol: FABT
Last updated
Was this helpful?
Free Token Symbol: FABT
Last updated
Was this helpful?
Was this helpful?
The goal of this Leviathan is to provide the whole world with enough apparel, cosmetics, and beauty items by 2040. It works towards a world where those items are abundant and freely available for anyone to use.
If you love fashion, cosmetics, or beauty products, you should join this Leviathan. It not only works towards making those items abundant but also much more efficient.
Items belonging to the Leviathan are kept with its members and go from member to member depending on who needs them and when. Members with the highest level of participation in the Leviathan are more likely to get an item they've requested for than those with a lower level of participation.
You participate by making regular deposits to the valuepools of the Leviathan, sharing items with the community, taking care of items you get from the community, and voting on proposals.
This valuepool implements the concept of a decentralized wardrobe. A wardrobe is basically a partner wall on this Leviathan's CanCan channel, that contains at least 5 items that can be classified in the apparel, beauty & cosmetics category.
Any member of the valuepool can partner with the channel and post on his/her wardrobe, items that fit in the apparel, beauty, or cosmetics category that he/she is willing to share with other members of the community.
Imagine having free access to an infinity of apparel, beauty & cosmetics products you can just request for at any time as long as you can show proof of trustworthiness or active participation in the community. That is what this valuepool is creating.
A proof is anything that can get other members to trust you and trust that sharing one of their items with you helps advance the cause of the Leviathan:
An NFT token from the valuepool with enough funds locked under it to pay for the item you are requesting access to
Enough IOUs showing you've been lending your own items to other members of the community
A badge from an auditor testifying to your active participation, trustworthiness, or need for the item
A good social credit that channels like Tontines can help you create
The more of each one of these you have (displayed on your profile page), the higher your chances of getting an item you've requested.
The valuepool uses its fund (which it constitutes from its members' deposits and sponsoring) to buy new products which are then distributed to the members with respect to their needs. The decision on what to buy is made by the community through proposals and votes.
The vested token of this valuepool is the Vested Acquisition Free Apparel & Beauty & Cosmetics Token (vaFABT) and its token is the Free Apparel & Beauty & Cosmetics Token (FABT)
To find it, go to the Leviathans' page and enter fabt in the search bar
This valuepool builds up bogettas in the area of apparel, beauty & cosmetics so they can manufacture enough products for the community and then for every human being on the planet.
The valuepool also invests in the creation of tier 1 products (luxurious apparel, beauty & cosmetics items) only available to members of the valuepool with an NFT in the 50th percentile and above. This creates an incentive to make more deposits into the valuepool and creates a model where the elites heavily subsidize the cost of the non-luxurious items for the everyday people.
This valuepool funds the creation of its bottegas using what we call an infinite investment strategy.
Infinite Investment strategy:
Step 1 - Valuepool uses X amount from its fund to create non-profit Y
Step 2 - Members of valuepool utilize non-profit Y's services/products and value Y at X+ amount
Step 3 - Y borrows X amount from a bank to reimburse valuepool but is still 100% owned by valuepool
Step 4 - Valuepool uses X amount to create a new non-profit Y2
The vested token of the valuepool is the Vested Manufacturing Free Apparel & Beauty & Cosmetics Token (vmFABT) and its token is the Free Apparel & Beauty & Cosmetics Token (FABT)
This valuepool funds research efforts in the bottegas.
Its vested token is the Vested Research Free Apparel & Beauty & Cosmetics Token (vrFABT) and its token is the Free Apparel & Beauty & Cosmetics Token (FABT)
These are basically the renaissance Bottegas with a campus big enough to house experts and their students. They hold 10% experts in research & manufacturing of apparel, beauty & cosmetics items, and 90% students. The role of the Bottegas is to help the Leviathan reach its goal as fast as possible.
Just like with universities, the objective of the experts is to transmit all their knowledge in the field to the students and the objective of the students is to become experts themselves.
Bottegas have comfortable residences for all their experts and apartment buildings for all their students. All utilities are provided free of charge to all residents of a Bottega.
Just like with a workshop, a Bottega has working spaces, factories, labs, and any other necessary infrastructure where both students & experts work on real apparel, beauty & cosmetics projects which is essentially how the experts transmit their knowledge to the students. There are no classes or actual classrooms nor are there any exams or grades. Students' performances are evaluated on the work they do, just like with employees in a tech company.
Both experts or students can get replaced by other experts who are not yet members of the Bottega but prove capable of contributing at a higher level to the Bottega.
Businesses or individuals submit Bottegas, manufacturing, or research orders in the apparel, beauty & cosmetics space and Bottegas also manufacture and sell items in the apparel, beauty & cosmetics space. All the money generated by Bottegas goes to the Leviathan which uses it to sustain them, create new Bottegas, buy items for its members, or invest in other non-profits.
Bottegas put roughly half of their efforts into completing submitted orders and the other half into working on projects intended to provide enough apparel, beauty & cosmetics items to the world.
Each expert is responsible for a group of students even if students can still learn from other experts.
After 7 years in a bottega, experts can submit proposals to the manufacturing/research valuepool to get tenure. The more students experts help advance, the higher their chances of getting a favorable vote from the Leviathan's community.
For an expert, getting tenure means having permanent expert status in any Bottega of this Leviathan. Students can become experts and then get tenure as well.
There will be as many Bottegas as needed in each country around the world to provide each one of those countries with better, cheaper, and ultimately free apparel, beauty & cosmetics.