My fellow retards,
Your phon/ongod wrote a brief article to help onboard the crypto-novice:
Phonon is a protocol that allows people to store and send cryptocurrency (BTC, ETH, LTC, DOGE, etc.) off-network. Phonon users bypass network fees and preserve their privacy. The protocol adds a layer of efficiency and secrecy to the entire crypto-space.
PHONON (the governance token that acts as a voting share) lives on the ethereum network, and can be purchased on uniswap.
The project began in earnest when Grid Plus (the first company spun out from Consensys, the major capital investor in the crypto space) and its founders burned over 70% of their GRID token holdings, and then opened a contract for holders of the remaining GRID to convert to PHONON (1:155 exchange rate)
This nigh unprecedented burning of value (300-400 million USD nominal value at the time of the burn) makes PHONON community controlled, not subject to the whims of some major investor that got in before anyone else knew about it.
Phonon is true digital cash; something that can be passed hand to hand (on a phone or smartcard), and also be smart (programmable), and secure (invisible to network analysis, impossible to duplicate or counterfeit).
Now you know about it.
Next step is up to you…
Tips to phonongod.eth will be invested in bounties that advance the Phonon project.
Hatemail to phonongod@protonmail.com will be scathingly considered.
Targets for the marketcap of PHONON DAO remain:
$1b by Q2 2022, $12b by EOY.
On the high end, $300b marketcap in 3 years.