We are excited to announce that as part of our expansion strategy and growing offerings, we are progressively rebranding FHM (Fantohm) social media channels and communication from Fantohm/FHM to Balance.
FHM formed the Balance Organization in March 2022 in order to administer business development in support of a greater vision of creating value for FHM holders. As such, profits from ventures that the balance organisation engages in will be used to buy back and burn FHM in order to increase our deflationary velocity at a rate tied to our business success in product development.
For FHM investors, the rebranding does not change anything as we continue to work towards building products and services that bring direct or indirect value to FHM and USDB token holders - if not the vast crypto community.
We have been hard at work to bring our investors a clear and concise overview of how all the pieces in the Balance Ecosystem fit together. The Balance brand will represent everything within the ecosystem and you can learn more on our website https:///www.balance.capital
On 4th June 2022, we updated our Discord channel with a similar announcement.
FHM rebranding anouncement
The Balance Ecosystem encompasses a wide range of innovative products and projects that are and will be operating in various areas of DeFi and Web3 technology. FHM forms a part of the greater Balance Ecosystem. Through a continuous dialogue between the Balance Organisation and the FHM Stakeholders, the team will ensure that the value created through the various business endeavours is ultimately returned to the FHM holders.
Balance is a Web3-based development company working on the cutting edge of fintech with deep roots in DeFi. Our team comprises product strategists, business executives, and financial engineers with top-level risk management and software engineering expertise. This innovation powerhouse is dedicated to building a more sustainable crypto investment economy, using decentralised business experience.