Faction Spotlight: Farmers. The Farmer Faction is primarily focused…
Tags: Metaverse, Gamefi, Cryptocurrency, Nft, Fief

Each faction of the Fief guild will be assigned specific roles and responsibilities to assist in the growth of the Fief treasury and adoption of the Fief Token (FIEF) as the primary reserve currency of the entire metaverse.

In return, these Factions will benefit from the productivity of the treasury reserve and natively generated revenue from all future protocols. These incentives will stack on top of the planned, systematic buyback programs that will link the value appreciation and productivity of the treasury reserve with FIEF.

Factions work to achieve the following:

Establish an internal, gamified economy within the Fief guild to diversify the methods by which we grow the treasury reserve. This will assist in reducing the impact of broader market fluctuations on the treasury’s trajectory. Offload aspects of in-game asset utility and coordination, further decentralizing the Fief guild and token economy while allowing the core team to focus heavily on treasury management, partnerships and shipping protocols. Incentivize users to work towards building Fief as the financial center of the metaverse while establishing a hivemind to target and control markets. Add a massive layer of currency utility to the FIEF via primary NFT sales and more.

Membership to each Faction will be organized using the Initial Guild Membership (IGM) NFTs that are being sold in early Q1 2022. The initial utility of IGMs is centered around the distribution of FIEF, but in time will evolve into core membership & access tokens to specific Factions and their respective revenue streams.

This mechanism allows for upfront IGM demand from all types of crypto users (speculators, traders, metaverse natives, etc.), which will feed into a healthy secondary market for the NFTs as Faction-layer utility begins.

While users may own IGMs & other Faction-based NFTs from across all factions, we are designing our hierarchy system to reward users who concentrate their capital and time on one specific faction. Ideally, users will find factions that:

Fit within their interests and expertise Accommodate their desired level of engagement Connect with them on a community-level

In time, Faction members (and the Fief NFTs they’ve acquired) will begin to represent units of value and influence within the guild — a concept that could very well expand into sub-economies that add even more revenue to the Fief treasury and utility to FIEF.

Farmer Faction

The Farmer Faction is primarily focused on virtual worlds and the LANDs that comprise them. This Faction, which is predominantly an in-game faction, is targeted towards two types of guild members:

Speculators who are bullish on the utility and value appreciation of virtual worlds.

Hardcore gamers who want to spend their days in the metaverse.

As the most scarce assets in the metaverse, LAND will serve as a bedrock for the spread of Fief’s influence and access to recurring treasury revenue. Owning major locations across popular virtual worlds will allow Fief guild members to congregate and plan strategic expansions.

The Farmer Faction will be tasked with the following:

Populating and working key LANDs from virtual worlds across all major supported projects

Interacting with other guilds and directly with native players to facilitate the adoption of our LANDs

Maximizing resource collection while working with the Merchant & Bishop Factions to help coordinate in-game strategy for deploying those resources

In return for this activity, the Farmer Faction will receive revenue rewards from LAND productivity. These rewards will be distributed directly to staked IGM NFTs and come in a variety of forms, including Faction NFT drops, FIEF and third-party token distributions, and more.

Passive Farmer Faction IGM holders (speculators) will greatly benefit from Fief’s virtual world activities. However, the reward weighting will progressively skew towards active participants over time as we introduce Farmer Faction NFTs that reward the hardcore gamers of Fief.

With this model, even the lowest rarity IGM purchaser will be able to rise in the ranks of the Farmer Faction to gain influence and outsized rewards. To stay competitive with the more active Faction participants, the speculators will need to purchase additional NFTs to retain the reward weighting, further driving revenue to the Fief treasury reserve and growing our token economy. More details on this dynamic will be published soon.

While Farmers won’t have direct influence over LAND decision making (this is a feudal system, afterall), this Faction will work closely with the future Fief royal class and governing bodies to help make strategic decisions related to activities such as the acquisition of key buildings or other assets that will further maximize the value and/or productivity of the LAND.

Despite the majority of virtual worlds still being in development, there will undoubtedly be competitive gameplay that the Fief guild will find itself involved in. Fief is being designed as a neutral party between guilds and warring parties (we want to supply everyone with the resources — war is highly profitable), but there may be a time in which our Farmers will need to take up arms to defend the strategic resources and LANDs that we acquire.

This will require guild-based logistics and a major part of our focus as the core Fief team will be the creation & management of the Fief coordination apparatus.