I’d like to start this article out by thanking everyone who has joined us on our Defi journey thus far. Without you, we wouldn’t have made it here without a token. It’s been 8 months since our launch and we’ve proven to ourselves, and hopefully to all of you, that we have what it takes to be a top organization in the Defi space without any venture capital backing.

Byte Masons are 28 talented individuals, 16 of which are software engineers. We’ve developed industry-leading legal and operational infrastructure, beautifully designed security operations, and a boatload of software that we’re excited to show you. We’ve automated our payroll with smart contracts, we’ve secured a Certik retainership, and our engineers are following our footsteps into defi and security fellowships like Kernel0x and yAcademy.

This is just one month of achievements.

The pride I feel in our team and this organization is difficult for me to contain. Byte Masons is a name that’s becoming synonymous with excellence, and we will do everything in our power to keep it that way.

We’ve built out the infrastructure we need to grow, and by golly we’re gonna do it. The token is coming. This will be how we give you all the keys to every piece of software we’ve made and will ever make in the future — our attempt to direct the hard work we’re putting in on Fantom toward public good.

Over this next week there will be a ton of events hosted by ourselves and our partners to help you understand what’s coming next, and what to expect as we creep closer to launch. This has been a long time coming, and we’re working overtime to ensure it’s as special for you all as it is for us.

Watch out for some changes to our Discord server as well, as we set ourselves up to manage multiple projects. Reaper.Farm channels will now be joined by Reliquary, Learn, and future channels. These will be strategically designed to give you the ability to opt into feeds and chats you’re interested in.

We’ve built a novel LGE system that allows us to hand out discounts to community members using NFTs. Not only does this mean we can target dedicated Fantom community members, but we can issue NFTs to our own community members to ensure they can grab some tokens at a reduced cost. This ensures shares are distributed to people who have helped make the Fantom and Byte Masons communities what they are today.

Attached to each NFT will also be a set of Terms, including a linear vesting period, allocation, and discount %. We will adjust these terms based on the circulating supply of these NFTs, their rarity, holder concentration, and the size of the discount. Users’ terms will be averaged over each allocation they wish to fulfill, and there’s no limit on the amount of shares they can purchase.

As you can probably tell from the below chart, we are emphasizing long term growth over anything else in our launch strategy. With our methodology, circulating supply day one will be ~13.7%, a vast majority of which will be inside liquidity pools for trading. Only after 90 days will our circulating supply hit 30%, and from there emissions will last a decade or more. This will help us ensure growth and revenue will outpace inflation up to the total supply of 400,000,000. I will drill into decision making for each piece of the pie in the below section.