As you are now aware, Saturn recently airdropped PHX tokens to hundreds of Saturn DAO members and you may be wondering what exactly Phoenix is all about!
Phoenix stems from my journey in crypto… discovering first Bitcoin and then Ethereum after a long personal search for a better alternative to our current monetary system. I always loved the idea of “hard assets”, something tangible that others would find valuable, no matter the economic circumstance. The idea of inflationary fiat, controlled by a group of individuals whose interests may not be aligned with the majority of the population, frankly sickens me.
But what does this have to do with Phoenix?
As Bitcoin and Ethereum changed my life, and opened my eyes to the possibilities we have as a global people, to redesign our notion of value, I want to help spread that message to the rest of the world. Enter Phoenix.
Like the Phoenix, which rises from it’s own ashes after a fiery death, our idea of money is being reborn.
PHX tokens are membership tokens in the Phoenix DAO. At the moment, I am merely a caretaker of the DAO funds, soon an initial quorum will be voted on by token holders to establish multi-sig secured wallets so that the risk of a bad actor (me) is mitigated.
My vision for our company (as it may be thought of in classical terms) is to propose, vote, and implement actions that will benefit all people, across the world, with a focus on bringing them the knowledge, freedom and personal responsibility that crypto provides.
I pray you share in my vision.