FHM Rebranding Announcement
Greetings FHMily!
We are excited to announce that as part of our expansion strategy and growing offerings, we are progressively rebranding FHM (Fantohm) social media channels and communication from Fantohm/FHM to Balance.
FHM formed the Balance Organization in March 2022 in order to administer business development in support of a greater vision of creating value for FHM holders. As such, profits from ventures that the balance organisation engages in will be used to buy back and burn FHM in order to increase our deflationary velocity at a rate tied to our business success in product development.
The rebrand of key channels from FHM to Balance is a reflection of the way we have grown and expanded in recent months — both in terms of our vision, but also in our offerings.
For FHM investors, the rebranding does not change anything as we continue to work towards building products and services that bring direct or indirect value to FHM and USDB token holders — if not the vast crypto community.
A Stronger, Consistent Identity
We have been hard at work to bring our investors a clear and concise overview of how all the pieces in the Balance Ecosystem fit together. The Balance brand will represent everything within the ecosystem and you can learn more on our website https:///www.balance.capital
On 4th June 2022, we updated our Discord channel with a similar announcement.
Balance Ecosystem encompasses a wide range of innovative products and we realized that there is a need for a central entity to govern, direct, execute research & development, safeguard the ecosystem and work on continuous innovative solutions. FHM, hence, now becomes a sub-project of Balance — a group of projects that are and will be operating in various areas of DeFi, NFT & Blockchain technology.
Through a continuing dialogue between the Balance Organisation and the FHM Stakeholders via governance throughout the development and implementation of these systems, the Balance Ecosystem aims to continue to produce investment opportunities and innovations.
The Balance Team
Balance is a Web3-based development company working on the cutting edge of fintech with deep roots in DeFi. Our team comprises product strategists, business executives, and financial engineers with top-level risk management and software engineering expertise. This innovation powerhouse is dedicated to building a more sustainable crypto investment economy, using decentralized business experience.
Find us on our website https://www.balance.capital and on Twitter.
