INTRODUCTION TO FELA PROJECT

David Tuna | Review Project
4 min readMay 13, 2021

--

I.What is FELA?
FELA is described as completely decentralized, with no owner of the token. All decisions benefit the community.
FELA is planned to move further into the crypto space by releasing products that ensure token sustainability.
Holders earn passive rewards through static reflection as they watch their FELA balance grow indefinitely.
FELA rewards holders with a 4% tax on each trade to punish the weak.
Each transaction triggers a 1% write rate, which reduces the supply of FELA over time.
Every transaction contributes to the automatic generation of locked liquidity inside PancakeSwap LP.
Thereby 4% Transaction Fee is applied and automatically distributed to the owner,1% will be burned,5% Transaction for Auto Liquidity Pool,Maximum number of tokens for 1 transaction: (0.25) % of total supply)

II. CORE FEATURES OF PROJECT FELA :
FELA is a high yielding frictionless token. There is 10% tax for each transaction: 5% is liquidated 4% is distributed to FELA holders in proportion to the amount of FELA held and 1% will be burned. Not only that, FELA also has special features such as
• Decentralized
FELA is completely decentralized, with no single primary owner of the token. All decisions are made in the public interest.

• Auto LP
Every transaction contributes to the automatic generation of locked liquidity inside PancakeSwap LP.
• Reward
FELA rewards holders with a 4% tax on each trade to punish the weak.
• Burn rate
Each transaction triggers a 1% write rate, which reduces the overtime FELA supply.

  • Further development
    FELA is planned to move further into the crypto space by releasing innovative products that will ensure the sustainability of the token.
  • RFI . Static Rewards
    Holders earn passive rewards through static reflection as they watch their FELA balance grow indefinitely.

III. ABOUT TONKENNOMIC FELA AND THE DISTRIBUTION OF THE NOTICE CODE:
• Liquidity: 79.5% PancakeSwap,Record: 20%
• About tokennomic:
Contract : 0xd513417d3ceb6331f21284ebb533952b95620a7e
Runs on binance platform.
With a total of : 100 billion FELA
Token symbol : FALE
1st place: 1,545
IV. ABOUT FALE PROJECT ORGANIZATION:
• PHASE 1 — Rebranding
 Redesign & refine existing brand profile Define color swatches
 Complete company logo (logo and text symbol)
 Website design v.2 (desktop and mobile compatible).
• PHASE 2 — Introduction
 New Website Build a desktop & mobile compatible website
 Launch website on www.holdfela.xyz
 Tokenomics Explained (Protocol for Profit)
 Informative articles
 Full Roadmap
 Group Profiles
• STAGE 3 — Marketing
 Dedicated Telegram shilling channel Dedicated Telegram Announcement Channel YouTube Influencers
 Instagram Overhaul Campaign
• STAGE 4 — IDO . Incubator
 Airdrop for FELA holders
 Community Swap Marketing Campaign
• PHASE 5 — Development
 FELATRACK — Tracking: Your FELA Holdings BETA web tracker
 FELA NFT Mobile Tracking App Collecting FELA NFT Dynamic created by FELA in limited quantity
• STAGE 6 — Game
 FELA mobile game

V. FALE PROJECT TEAM:
• Alex Aye: Project Manager (https://icoholder.com/en/v2/ico/ico-redirect/1000688?to=https%3A//www.linkedin.com/in/alexayearx/)
• Florian Lestieux : Member of the team (https://icoholder.com/en/v2/ico/ico-redirect/1000688?to=https%3A//www.linkedin.com/in/florian-lestieux-78846464/ )

VI. CONCLUSION:
It didn’t take long for the project to turn into a community-driven project. After the developers gave up ownership and I showed up, a lot of people came together to raise the project from the bottom up. Those people have created a strong community and are currently leading projects for the future. While we were growing the community, one of the previos developers trusted one of our mods, got promoted, and then killed our community from within, banning all of our mods. member in telegram and close some of our social media. This didn’t stop the community from continuing to grow, so we started from begging. They started the project from scratch and created all new social media. The team is highly motivated and full of ambition.
► For more details, please visit the link below:

Web: https://holdfela.xyz/

Twitter : https://twitter.com/holdfela

Instagram : https://www.instagram.com/holdfela/

Telegram : https://t.me/holdFELA

Reddit: https://www.reddit.com/r/holdFELA/

Medium : https://holdfela.medium.com/

--

--