Whitepaper Tokenomics Our Core Values Our Uniqueness Roadmap Data Overview Summary Abstract Introduction Contact us ABSTRACT The great Fela Kuti has long passed on, but his legacy has survived through the ages. Fela was more than just a musician, he was and still remains an icon, a prophet, and a freedom fighter who has inspired generations. In music and in life, Fela’s cause was the African Renaissance: a free, independent and functioning Africa. Fela pioneered Afrobeat in the 60s and early 70s, a musical genre engrained into world music traditions and which heightened international appeal for Nigerian and African music. The self- styled “Black President” made music with a gospel along with it. His popularity remains intact from the 70s to this day, and he stands tall as a musical revolutionary and talismanic figure who has inspired generations of artists in Africa and beyond. Globally, Fela has attained cult status. In Nigeria, everyone says his name and sings his music – both the young and old. His impact has remained unshakable, his message unbreakable, and his legacy bound to echo across the centuries. Fela is considered one of the most influential musicians in the world. Although long gone, Fela continues to live in our hearts through his music, his ‘Felasophy’, activism, and charm. His teeming fans all over the world continue to hold fondly to his abiding memory and message. This is specially encapsulated in the yearly Felabration commemoration that honours the king of Kalakuta Republic and his inimitable music. Acknowledging the contributions of Fela to Africa and the world in general, Managing Director of Trace TV, Sam Onyemelukwe, said, “Fela is the single most important foundation for Nigeria and African and social movement. His life, music, and message have paved the way for creatives over the last five decades and it is our honour to partner to celebrate and remember the legacy and ‘the Prophecy’". In celebration of Fela’s legacy coupled with the acknowledgement of the role of tech in the African renaissance – a concept Fela stood for – the community of Fela fans/lovers is launching a cryptocurrency token known as “Fela Inu”. INTRODUCTION Cryptocurrency as a financial revolution has taken the world by storm. Hosted on blockchain technology, the market cap for cryptocurrency trades peaks at $3 trillion in 2021. The goal behind cryptocurrency is to enable fast, secure, private, borderless, and decentralized financing. This has proven to be largely unrealistic with fiat traditional currencies. The first decentralized cryptocurrency “Bitcoin (BTC)” was launched in 2009 by Satoshi Nakamoto and since then, other digital coins have been launched and the future of decentralized finance shines as bright as the sun. In Africa, Nigeria continues to be heavily involved with crypto trading. The West African country is second only to the U.S. for bitcoin trading, according to Paxful, as many Nigerians use the cryptocurrency to protect their savings against naira depreciation. In May, Nigerians traded an astonishing $2.4 billion worth of traceable crypto, per data from Chainalysis. It is on this premise that Fela Inu is built – for Fela fans/lovers around the globe to key into the fast-advancing world of decentralized blockchain technology. Fela Inu was forged in the spirit of One Community. The late colossus – Fela Kuti – has hundreds of millions of fans across the globe, and we are coming together as a force to launch Fela Inu and skyrocket its value to the high heavens. Building on Fela’s unflagging energy, charismatic swagger, enduring stamina, fierceness, and colossal appeal, Fela Inu is positioned to become a game-changer, a highly sought-after token and a force to reckon with. Built on the force of existing numbers, Fela Inu will easily outperform many tokens in the cryptocurrency market. We are on our way to inevitable widespread adoption, acceptance and value creation. Climb on board and become an early pioneer on this mission. Participate in our ICO (Initial Coin Offering). The sky is the limit. P.S. Fela Inu is a decentralized community-driven project and as such, the wishes of the community, which would be obtained through polls and organized voting, will be given the utmost attention and carried out at all times. TOKENOMICS Max Supply – 1, 000,000,000,000,000 Treasury – 750, 000,000,000,000 (monthly burn for 5 years) Total Supply – 250, 000,000,000,000 Token Allocation of (Total Supply) 1. Marketing – 20% 2. Development – 10% 3. Public Sale – 36% 4. Liquidity – 30% 5. Charity – 4% Public Sale IDO Price: $0.00000001 Min: 0.1 BNB Max: 1 BNB Solidarity Fela Inu is a solidarity cum community-driven cryptocurrency token tied to Fela’s enduring legacy as a maestro, a legend, and a man of the people. Our strength lies in this solidarity and cohesiveness. When we all come together, Fela Inu will achieve the unimaginable, as will be the case. Transparency This is a community-driven project and therefore, there will be no room for secrecy or preferences. To exemplify this commitment, there will be no private sale or special allocation to team members during the public sale. Team members and other members of the community will all undergo the whitelisting process. From the realized public sale funds, 80% will go for liquidity and will be locked, while 20% will be utilized for operations to ensure our successful mission to the moon. OUR CORE VALUES Charity Fela Inu, as a decentralized crypto token, is geared towards charity-driven activities across the globe. We will set aside 4% of the allocable tokens to be utilized for worthy charitable causes. Communication Proper communication is the bedrock for success in any endeavour. Hence, communications bordering on important updates, members input, etc., will be communicated via blogs, social media, emails, polls, etc. in real-time. OUR UNIQUENESS 8. Charitable causes rojects: 1. Fela Inu is built on a clearly-defined, established community fan base 2. There will be no presale 3. Liquidity takes 80% of public sale 4. Liquidity is locked 5. Anti-whale mechanism 6. Zero taxes on transactions 7. Team members not entitled to special public sale allocations ROADMAP ·Building the ecosystem ·Core team development and relevant units ·Website launch ·Public sale ·Pancakeswap listing ·Liquidity provider and locking ·Burning of 750T from the treasury ·Coingecko and coinmarketcap listing ·Auditing ·Marketing, referral campaign, advertising and promotion ·Centralized exchange conversations and listing ·Building the NFT platform where Fela's merchandize, including but not limited to his music, artworks, images, etc. will be sold. DATA OVERVIEW Traction A graph to analyze our development over the next four years 2022 2023 2024 2025 25M 20M 15M 10M 5M 0M SUMMARY Based on the numerical strength of our community (Fela fans/lovers), our cryptocurrency token “Fela Inu” is set out to be a huge success. We are determined to ensure that Fela’s legacy cuts across arts into science and tech and the blockchain network. This will add yet another gloss to his brilliant legacy. Decentralized Finance (DeFi) is the future. Cryptocurrency has been mooted to become the currency of the new world. It has gained wide acceptance globally as trade volumes continue to soar. Fela Inu is riding on this wave to become one of the most sought-after tokens in the cryptocurrency market. Contact Us support@felainu.com twitter.com/felainu instagram.com/officialfelainu Telegram: t.me/felainuchat