Synopsis of Fennec (FNNC)
Fennec is a Bitcoin fork with a strong community outreach effort. Over the next 6 months, our goal
is to have 1000-2000 members in our Telegram and Discord groups. Because Fennec is not a BSC, ETH,
or other L1 Smart Contract Token, it has a very unique set of traits that signify it as a
cryptocurrency project with more potential for adoption. This project is going to be a long one, and
a slow one, with CEX listings coming every several months.
Fennec can be mined through the YescryptR16 algorithm. This will allow for sufficient network security and support, as well as an opportunity for community supporters to acquire extra Fennec! Proof of Work cryptocurrencies tend to gain the most adoption over time. The fact that Fennec is being mined on the YescryptR16 algorithm means that many old GPU/CPU miners could be put to work by mining Fennec! With the ETH merge, many of these CPUs/GPUs currently have nothing to mine. If Fennec becomes popular, it will give these CPU/GPU miners another chance to be productive. This will give us many more potential miners, which translates to a more secure network and more decentralization! For this reason, we have chosen to go with the YescryptR16 algorithm. Plus, we won't be overpowered by ASIC farms and such.
Because this is not a BSC, ETH, or other L1 Smart Contract Token, it is not listed on DEXs, but it can (and will) be listed on CEXs that do not require KYC (Know Your Customer), as well as CEXs that do require KYC. The roadmap will disclose much more, but for those who are interested in creating a lasting community, Fennec is a great place to start! Coins are different from tokens in the sense that coin distribution is often slightly centralized at launch, but progressively decentralizes over time. As the community builds and exchange listings increase in quality and variety, Fennec will be distributed among a much larger group of potential holders. This is very different from the very common 2-3 hour P&Ds (Pump and Dumps) that are seen on BSC and ETH.
The roadmap will explain much more of how we plan on going about making progress in the Fennec project. In the meantime (at the time of writing this), we are working on creating the logo, the code base for the coin, the Fennec Wallets (compatible with Mac, Linux and Windows), the mining pools, as well as the block explorer. Because Fennec is on its own chain, it has its own exclusive block explorer. The community building efforts have simply just begun, and it is fair to say that our community is in its infancy. Come see what the fuss is about over at Fennec!
Fennec can be mined through the YescryptR16 algorithm. This will allow for sufficient network security and support, as well as an opportunity for community supporters to acquire extra Fennec! Proof of Work cryptocurrencies tend to gain the most adoption over time. The fact that Fennec is being mined on the YescryptR16 algorithm means that many old GPU/CPU miners could be put to work by mining Fennec! With the ETH merge, many of these CPUs/GPUs currently have nothing to mine. If Fennec becomes popular, it will give these CPU/GPU miners another chance to be productive. This will give us many more potential miners, which translates to a more secure network and more decentralization! For this reason, we have chosen to go with the YescryptR16 algorithm. Plus, we won't be overpowered by ASIC farms and such.
Because this is not a BSC, ETH, or other L1 Smart Contract Token, it is not listed on DEXs, but it can (and will) be listed on CEXs that do not require KYC (Know Your Customer), as well as CEXs that do require KYC. The roadmap will disclose much more, but for those who are interested in creating a lasting community, Fennec is a great place to start! Coins are different from tokens in the sense that coin distribution is often slightly centralized at launch, but progressively decentralizes over time. As the community builds and exchange listings increase in quality and variety, Fennec will be distributed among a much larger group of potential holders. This is very different from the very common 2-3 hour P&Ds (Pump and Dumps) that are seen on BSC and ETH.
The roadmap will explain much more of how we plan on going about making progress in the Fennec project. In the meantime (at the time of writing this), we are working on creating the logo, the code base for the coin, the Fennec Wallets (compatible with Mac, Linux and Windows), the mining pools, as well as the block explorer. Because Fennec is on its own chain, it has its own exclusive block explorer. The community building efforts have simply just begun, and it is fair to say that our community is in its infancy. Come see what the fuss is about over at Fennec!
