🎥Culture & Entertainment Leviathan

Free Token Symbol: FECT

Goal/Mission

The goal of this Leviathan is to provide the whole world with culture & entertainment as well as decentralized and unbiased worldwide news by 2040. It works towards a world where culture & entertainment potential is maximized and freely accessible to anyone.

Why Join?

If you love culture or entertainment of any kind, you should join this Leviathan. It not only works towards maximizing culture & entertainment potential but also provides anyone capable of contributing to it with the platform to maximize his/her potential.

This Leviathan incubates leagues in multiple sports disciplines, starts music/movie production agencies, etc.

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.

Acquisition Valuepool

This valuepool implements the concept of a distributed culture & entertainment equipment box. An equipment box is basically a partner wall on this Leviathan's CanCan channel, that contains at least one piece of equipment used in the culture & entertainment industry: microphone, headsets, soundboard, sports shoes, balls, game consoles, TVs, costumes, etc. (any equipment useful to creating entertainment or culture).

Any member of the valuepool can partner with the channel and post on his/her equipment box, items that fit in the culture & entertainment category that he/she is willing to share with other members of the community.

Imagine having free access to an infinite supply of equipment you can use to create music, movies, video games, etc and all you need to do is to request for what you need; provided you can show proof of trustworthiness or active participation to the community.

That's exactly what a distributed culture & entertainment equipment box is and that's what this valuepool is creating.

A proof is anything that can get other members to trust that providing you access to an item from their respective equipment boxes, actually helps advance the cause of the Leviathan. It can be:

• An NFT from the valuepool with enough funds locked under it to pay for the item you're requesting for

• IOUs showing you've been providing items from your own equipment box to other members

• A badge from an auditor testifying to your active participation, need for the item, or your trustworthiness

• A good social credit that channels like Tontines can help you create

The more of each of these you have (displayed on your profile page), the higher your chances of getting an item that you've requested.

The valuepool uses its funds (which it constitutes from its members' deposits and sponsoring) to buy and distribute more equipment across all the equipment boxes with respect to how much of their items they've shared with the community. The decision on how much of each type of equipment gets purchased is made by the community through votes.

Its vested token is the Vested Acquisition Culture & Entertainment Token (vaFECT) and its token is the Free Culture & Entertainment Token (FECT)

To find it, go to the Leviathans' page and enter fect in the search bar

Manufacturing Valuepool

This valuepool builds up bottegas in the culture & entertainment sector so they can help provide enough culture & entertainment to the world (by creating the platform for amazing artists/creators to emerge or by creating the culture or entertainment themselves).

Its vested token is the Vested Manufacturing Free Culture & Entertainment Token (vmFECT) and its token is the Free Culture & Entertainment Token (FECT)

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

Research Valuepool

This valuepool funds research efforts in the bottegas.

Its vested token is the Vested Research Free Culture & Entertainment Token (vrFECT) and its token is the Free Culture & Entertainment Token (FECT)

Culture & Entertainment Bottegas

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 culture & entertainment 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 culture & entertainment 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.

How do Bottegas sustain themselves?

Businesses or individuals submit Bottegas, manufacturing, or research orders in the culture & entertainment space and Bottegas also manufacture and sell items in the culture & entertainment 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 culture & entertainment items to the world.

Tenure

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.

Vision

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 culture & entertainment.