FameGuild | A User-Owned Decentralized Ecosystem

Are you sick of your data being mined?

What if privacy & data ownership made it possible for you to earn Bitcoin from your online data?
What if you could enjoy your online experience with no manipulation or bias in your feed?
What if we, the people, were the ultimate authority in this online world, and institutions and agencies worked under us to serve all of humanity?

Will you be part of that world?

How Big Tech Exploits You

The internet, once a symbol of freedom, has become a tool for oppression. Giants like Google, Facebook, and Amazon treat your data as their private goldmine, silencing dissent and manipulating your online experience. They profit while you’re exploited. This is the reality:

  • Data Theft: Your online activity is meticulously tracked, packaged, and sold to the highest bidder, all without your meaningful consent or a single penny in return.
  • Censorship and Control: Big Tech decides what you see and what you don’t. Dissenting voices are silenced, narratives are manipulated, and your access to information is controlled.
  • Privacy Invasion: Your personal data is constantly at risk, vulnerable to breaches, misuse, and exploitation.

FameGuild | A User-Owned Decentralized Ecosystem

FameGuild is pioneering a decentralized revolution within the Bitcoin ecosystem, constructing a comprehensive suite of marketplaces, everyday applications, and infrastructure to empower users. Responding to growing mainstream anxieties over data privacy, censorship, and centralized control, FameGuild directly confronts the limitations of the corporate-dominated internet. The current model, built on user data extraction and inherent inefficiencies, is ripe for disruption. FameGuild emerges as a powerful alternative, architecting a decentralized ecosystem designed to return digital power and ownership to individuals, capitalizing on surging demand for user-centric infrastructure.

Our vision is to build a truly user-owned cyberspace anchored by Bitcoin, fostering an open, equitable, and sustainable digital future where value and power are rightfully returned to the community. This fundamental paradigm shift culminates in FameChain, FameGuild’s flagship product: a user-owned, data-centric Bitcoin Layer 2 blockchain engineered for full-stack decentralized applications.

Roadmap

FameGuild’s development is phased, with clear milestones for building a decentralised internet:

  • (LIVE! Alpha Stage) Phase 1: BitcoinNFT Marketplace & Launchpad: Building the foundation with a marketplace for buying and selling NFTs and a launchpad for new sub-DAOs.
  • Phase 2: Worlds(like decentralised youtube) & Decentralised Adsense: Introducing core elements of decentralised content with Worlds, and a decentralised AdSense.
  • Phase 3: FameChain (Decentralised Internet): Launching the FameChain blockchain to host the ecosystem.
  • Phase 4: Decentralised Internet - Independent Operation: FameChain operates independently, achieving complete decentralisation.

Phase 3: FameChain

FameGuild offers a decentralized alternative, eliminating the flaws of centralized control while retaining its benefits. We’re building a complete decentralized structure – economically, infrastructurally, and governmentally.

1. Economic Foundation: Bitcoin’s Decentralized Power

Bitcoin is the currency of this new web, enabling a Bitcoin economy where infrastructure operations and all economic activity are conducted using Bitcoin.

2. Decentralized Infrastructure: Powered by the People

A peer-to-peer network of user-owned devices provides processing, storage, and data transmission.

  • Decentralized Storage: Data is encrypted, distributed, and duplicated across these nodes, with ownership and control remaining with the user. Users can choose to keep their data private or monetize it through our decentralized Adsense or data marketplace.
  • Decentralized Processing Power: Applications on FameGuild can tap into the network’s distributed processing power. Users can sell their device’s processing capabilities, particularly valuable for AI model training. This allows applications to directly purchase data from users via the data marketplace and utilize distributed processing to create innovative services.
  • Secure Data Transmission: Data is transmitted through encrypted channels.
  • Boundless Nodes: Beyond storage, processing, and transmission, FameGuild’s network will support diverse nodes, including sensors, enabling a global data marketplace. Users can share sensor data (privately or publicly), empowering applications to access and act upon this information.

3. Decentralized Governance: Power to the Community

To ensure ethical operation, we’re implementing a decentralized governance system where users create institutions and agencies to oversee all aspects of the network.

  • User-Created Institutions: Users establish institutions to manage various aspects of the network, such as node oversight, dispute resolution, and commerce.
  • Staker Governance: Stakers of the decentralized internet, tiered by stake amount, elect representatives to these institutions. Higher staking tiers receive greater seat allocation within the institutions, increasing their chances of election. Each staker, however, has only one vote, preventing plutocracy. Stakers also receive a share of the network’s revenue, proportional to their staked amount.
  • Ultimate Authority: Stakers retain ultimate authority, able to overrule institutional decisions, ensuring the network serves the people.

Power to the Users

FameGuild is building a decentralized internet, anchored by Bitcoin’s robust foundation, where you are in control:

  • Own Your Data: FameGuild puts you in the driver’s seat. You control your data, choosing who accesses it and how it’s used. Monetize it directly through our decentralized data marketplace and earn Bitcoin – it’s your data, your choice.
  • Earn Bitcoin: Big Tech used to profit from your data; now you can. Our decentralized Adsense platform empowers you to choose which data you share with advertisers, privately, cutting out Big Tech middlemen. Earn Bitcoin for your attention and data, participating in a transparent, user-owned advertising ecosystem where you’re in charge.
  • Contribute: Connect your devices to the FameGuild network and share your unused storage, processing power, and bandwidth. Earn FAME tokens for your contribution, stake them to earn even more Bitcoin from FameGuild’s diverse revenue streams, and be a vital part of the decentralized infrastructure.
  • True Self-Governance: FameGuild empowers you to govern the network. Elect institutions, propose and vote on changes, and ensure that the internet remains free from centralized control. You are the ultimate authority.
  • Unstoppable Applications: Build, deploy and use full stack applications without the fear of arbitrary takedowns. FameGuild’s decentralized architecture ensures that applications operate freely, guided by the ethical principles established by the community’s governance.

FameChain vs. ICP vs. MultiversX

While projects like ICP and MultiversX talk about decentralization, they ultimately retain significant centralized control. They are still susceptible to government pressure and corporate manipulation. FameGuild is different. We are committed to:

  • True Data Ownership: Unlike ICP and MultiversX, FameGuild gives you complete control over your data. We believe your data is your property, not a commodity to be exploited.
  • Decentralized Power: FameGuild distributes power away from centralized entities and into the hands of the people. We are building a truly democratic internet, governed by the community, not corporations or governments.
  • Direct Monetization: FameGuild empowers you to directly monetize your data and contributions, unlike other platforms that still rely on centralized intermediaries.
  • Open and Accessible Network: Anyone can contribute to the FameGuild network by connecting their devices, unlike systems that restrict participation.
  • Ethical and Unstoppable Applications: FameGuild’s governance system ensures that applications operate ethically, while its decentralized nature guarantees they cannot be arbitrarily shut down.

Technical Highlights

FameChain’s architecture is built for a decentralized internet, prioritizing robustness and scalability. A data-centric blockchain, optimized for speed, security, and scalability, forms the core. Network security and incentivized participation are achieved through a hybrid consensus mechanism combining Proof-of-Stake (PoS), Proof-of-Replication (PoRep), and Proof-of-Spacetime (PoSt). Data integrity and verifiability are ensured through on-chain storage of metadata and hashes, while Zero-Knowledge Proofs (ZKPs) safeguard user privacy during data sharing. Bitcoin serves as the base currency, providing a stable foundation for FameChain’s economy. Scalability is boosted by asynchronous subnets enabling parallel processing. Developers can easily transition projects to FameChain thanks to EVM compatibility. Finally, a multi-layered governance system and a decentralized network of incentivized nodes ensure community control and infrastructure strength.

$FAME Token: Ecosystem Utility and Governance

The $FAME token is central to FameGuild ecosystem, governing the network, resolving disputes, and incentivizing participation. Crucially, $FAME stakers accumulate revenue in Bitcoin, generated from diverse FameGuild revenue streams including the BitcoinNFT Marketplace, Decentralized Adsense, Worlds content hubs, the decentralized data marketplace, and many future ecosystem services.

Total Supply: 420,000,000 $FAME.

Distribution
Block Rewards: 50% (210,000,000), 0-month cliff, no vesting. (Reserved for FameChain)
Founders Fund: 15% (63,000,000), 6-month cliff, 32-month vesting.
Development Fund: 10% (42,000,000), 24-month vesting.
Investors: 10% (42,000,000), 10-month vesting.
Adoption/Public Fund: 10% (42,000,000), 10-month vesting.
Advisory Board and Partnerships: 5% (21,000,000), 12-month vesting.

Team

FameGuild is led by a team of experts passionate about bitcoin and ownership:

  • Sanjith Sanjith: Founder & CEO (Stan The Great) (LinkedIn)

A decade in the Bitcoin ecosystem, coupled with deep community-building experience, led Sanjith to found FameGuild after a pivotal experience in data mining. Leading rapid team growth pre-OpenAI era, he witnessed the risks and lost opportunities of centralized data control. This, combined with the traditional internet’s limitations, drove him back to Bitcoin to build FameGuild: a boundless digital future of individual ownership and governance.

  • MD Zubaer Mahmood Zubraj: Chief Technology Officer (LinkedIn)

Zubaer, FameGuild’s CTO, is a Bitcoin and blockchain pioneer. As an early creator of Bitcoin faucets, he’s been immersed in the ecosystem since its beginning. His experience spans from developing multi-million dollar smart contracts for private equity to leading Bangladesh’s CBDC project, which he left to pursue his passion for building decentralized systems at FameGuild.

  • Sunil Chauhan: Chief Marketing Officer (LinkedIn)

Sunil is the Head of Commercial Development at FameGuild. With over 15 years digital and online marketing experience, Sunil has helped support numerous Hedge Funds, Blockchain, Digital Assets, Fintech, Web3, Big Pharma and HealthTech firms with their marketing and sales strategies. Sunil is a bitcoin maxi and huge advocate for L2’s in the space.

  • Doug De Rosa: Head of Business Development (LinkedIn)

With a 30 year career in financial services, covering hedge funds, private banking, digital assets and trading, Doug is Head of Business Development at FameGuild. In his recent past, Doug has been a Director of Institutional Services at a digital-assets capital markets firm out of London, which included Capital Introduction, Prime Brokerage, Margin Financing, Spot Exchange, Custody and Fund Administration.

Why FameGuild?

FameGuild represents a unique opportunity in the decentralised internet space. It is designed to:

  • Disrupt the Status Quo: Challenge the dominance of Big Tech and empower users.
  • Tap Into Growing Demand: Capitalise on the increasing demand for data ownership, censorship resistance, and fair compensation.
  • Offer a Scalable Solution: Provide a robust technical framework for building and deploying a wide range of decentralised applications.
  • Create a Self-Sustaining Ecosystem: Align incentives for users, creators, and node operators to create long-term growth and value.
  • Be Part of a Movement: Join the movement to reclaim the internet and shape a more equitable digital future.

FameGuild is not just building a platform; it’s building a movement.

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Hello Sovryns,

A little history…

Most of you know me but for those who doesn’t I am part of the Sovryn community team and have been helping you guys with your issues and going with you on this journey. Meanwhile, I have also been building FameGuild since the last two years with my own personnel resources.

I believe this is an important problem that need to be solved by someone if not me, but got tired of waiting and decided to start solving it myself with a small team.

Sovryn is an inspiration for me to build this project/movement. While the entire crypto community currently is running behind liquidity and are trying to solve the same problem of centralised money solved by Bitcoin by building a new coin every fortnite, we wanted focus on the next problem in line, which is centralised infrastructure and governance.

I was one of the lucky ones who were able to remind the Sovryn team about the whole Ordinals and BitVM fiasco while it was happening and encouraged them to make use of the opportunity. Then I went on to create FameGuild behind the scenes after presenting then initial idea in a community call.

Now we have BOS, a gamechanger in terms of technology, it uses BitSnark, a technical advancement in BitVM and FameGuild Internet 2.0 project.

While FameGuild might not have similar resources as BOS, we still want to reward the Sovryn community the best way possible as we are aligned in our ethos.

I am open to hearing your suggestions,

Thanks,
StanTG

4 Likes