Inksnation DAO Foundation has announced that all plans to resume operations have been concluded and they will be coming back bigger and better. This was made public in a communique released 15th of Oct 2021, by the founder of the organization, Sparks Omotada, also known as Daddy Ink.
Inksnation will be coming back under a new theme called The Lion’s Awakening. “We are still rolling out updates on the Theme: The Lion’s Awakening. So much exciting news on the way for the new turn of our global relaunch. Trust us when we say it will be a massive shift” the CEO declared.
New Features In Inksnation
Here are some of the information we consider important for members of the Inksnation community and believe it will come in handy when the programme eventually comes back.
PinkMoney formally Pinkoin is the world’s first reserve cryptocurrency. It uses the HATONOMIC protocol to maintain bullish pricing forever, which makes it the best store of value.
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It is constantly burnt to generate other coins and tokens. It is also proposed as the new global reserve currency uniting the world of WhiteMoney, BlackMoney, and RedMoney as one.
BlackMoney is a Synthetically fixed algorithmic stable coin. It is minted by burning the dollar equivalent of PinkMoney. It is used to settle payments of different applications within Africa.
It is one of the secondary stable coins within the InksLedger Ecosystem. It is also proposed to be the continental currency for all Africa, thus promoting unity amongst all African nations.
WhiteMoney is a Synthetically fixed algorithmic stable coin. It is minted by burning the Dollar equivalent of PinkMoney. It is used to settle payments of different applications within the EuroZone.
It is one of the secondary stable coins within the InksLedger Ecosystem. It is also proposed as the one continental currency for all Europe, just like the Euro and will promote further unity amongst all European nations.
RedMoney is a Synthetically fixed algorithmic stable coin. It is minted by burning the Dollar equivalent of PinkMoney. It is used to settle payments of different applications within Asia.
It is one of the secondary stable coins within the InksLedger Ecosystem. It is also proposed as the one continental currency for all Asia promoting unity amongst all Asian nations.
Universal Basic Income Dollar
Universal Basic Income Dollar is a Synthetically fixed algorithmic stable coin pegged to the US Dollar. It is minted by burning dollar equivalent of PinkMoney.
It is the primary currency of exchange within the InksLedger Ecosystem. Members will receive a minimum of 300 UBI-Dollar monthly as Universal Basic Income (UBI) after the stipulated vesting period.
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It is also proposed as the one continental currency for both south and north America promoting unity amongst all American nations.
Universal ID NFT As A Digital Identity
As part of our Global Relaunch, InksNation’s Decentralised KYC comes with a Unique digital identity NFT Protocol called Universal ID which functions on the InksLedger Blockchain as a Blockchain Agnostics.
Protocol interoperable with DeFis, Trad Fis, Blockchains, and SideChains. It is aimed at maintaining user privacy while also achieving traceability meeting up to all KYC/AML requirements.
NFT stands for non-fungible token. Non-fungible Tokens are items, artifact or things uniquely represented on the blockchain which has no exact duplicate or copy and can not be exchanged with a similar item of the same value. It’s one of a kind, special and unique.
Universal ID is, therefore, a decentralized Identity NFT Protocol for everything, which allocates a unique identity of the InksNation LivingNode Logo in the form of an NFT to humans and non-humans within the InksNation Ecosystem.
Each NFT is unique in that even if they are millions or billions of the same type, no two of them will be the same in colouration and or design and each one can be scanned to get the users Universal Wallet Address which is embedded in the NFT.
Your personal NFT AS A Digital Identity will also serve as your profile picture in the InksNation DAO Social Media Network.
There are two types of NFTs on the InksLedger Blockchain, the Human Asset or HAT NFTS and Non-Human Asset or Non-HAT NFTS.
The HAT NFTS are unique decentralized identity NFTS used to represent only human beings while the Non HAT NFTS are unique decentralized identity NFTs used to represent non-human beings from animals, real estate, and mostly non-living things.
The HAT NFTs also comes in two forms which include the Male HAT NFTS with the LivingNode Logo facing the left and the Female HAT NFTS with the LivingNode Logo facing the right.
The Non HAT NFTs are represented with the LivingNode logo boxed in a shield-like container. KYC-Agents will handle the decentralized KYC process using our HATONOMIC Artificial Intelligence Protocol which will get iris, facials, and all necessary data then after you have been verified, a three-in-one pseudonym will be generated along with your HAT NFT.
As part of our objectives prom love, peace, oneness, and unity in fun ways, your pseudonym will be generated as one English name, one Arabic name, and One Chinese name, this is done to combine both user privacy, anonymity and at the same time achieve traceability, in compliance with all KYC/AML regulations.
New Information For Inksnation End Users
You must be wondering what becomes the fate of old members of Inksnation since the organization is not only stating the process from scratch but also reorganizing the structure of things. Well, here is a brief of what becomes of the Inksnation End Users.
- InksNationDAO 2.0 is taking a new form and starting the process all over again because of the global relaunch.
- All registrations/memberships will be totally free this time for old and new end-users.
- All former payments of N1,000, N10,000, N100,000 and N1 Million will be refunded into your wallets as UBI-Dollars which can be withdrawn after the vesting period.
- The Free Registrations will be handled by the new set of KYC-Agents.
- End-User’s benefits are pegged at a Universal Basic Income of $300 in UBI-Dollar Monthly after the vesting period.
- Universal Basic Income will start when we hit our global target of 2 Billion Members, with the free registration the process will be fast, therefore all End-Users have to wait till then.
- End-Users who can not wait till we achieve 2 Billion members Globally should become KYC-Agents to fast track the process.
- The New Decentralised KVC will mint an Avatar in form of an NFT as a Digital Identity and a pseudonym combination of English, Arabic and Chinese Names for each member’s Avatar to achieve both privacy and traceability, also to promote our core values of peace, oneness and unity. Eg James Yusuf Guang.
How To Become Inksnation KYC-Agent
KYC-Agents will have their personal links which means they can register from within and outside your country and also online.
The video training will be made available for KYC-Agent before the general KYC process begins in January.
Types Of KYC-Agents, Benefits
Tier One Agent: Agent Fee: $20 one-time payment. Agent Benefits: $1 in UBI-Dollar for each person registered free.
Tier Two Agent: Agent Fee: $200 one-time payment. Agent Benefits: $5 in UBI-Dollar for each person registered free.
Tier Three Agent: Agent Fee: $2,000 one time payment. Agent Benefits: $30 in UBI-Dollar for each person registered free.
Withdrawal Limit: 144 registrations before KYC-Agent can withdraw.
GAS Fee: $1 worth of UBI-DOLLAR for every transaction.
Penalties: Minus $144 worth of UBI-Dollar.So Don’t attempt to create more than one account per person. Don’t try to maneuver the system of operations.