Fushuma: Partnerships and Blockchain Infrastructure
As we approach the launch of Fushuma, we're excited to share the partnerships which are integral to our launch strategy. These collaborations form the backbone of our efforts and will drive the success of the Fushuma Testnet.
Fushuma’s Blockchain Launch Strategy
Fushuma has chosen Callisto Network as the Layer 1 for its Testnet. As a PoW (Proof of Work) blockchain, Callisto Network has a proven safety and reliability track record. Moreover, our connection to Callisto Network runs deep, as the Fushuma founding team originates from Callisto Network.
During the Callisto Evolution migration, a substantial amount of Callisto Network Coins (CLO) has been collected, a portion of which will serve two key purposes:
1. Covering L1 Blockchain Fees: As Fushuma operates as a Layer 2 solution on Callisto Network, part of the CLO collected aims to cover the associated blockchain fees.
2. Compensating BuildaBlock: Another portion of CLO will be allocated as compensation for BuildaBlock, our partner responsible for maintaining the Callisto Network infrastructure.
Infrastructure Partnerships
To ensure Fushuma's smooth operation, we have established partnerships with two entities: Zeeve and BuildaBlock.
Zeeve: Ensuring Robust Blockchain Infrastructure
Zeeve is a highly reputable infrastructure services provider trusted by over 40 global organizations, including Siemens, Vodafone, Deutsche Telekom, and Tezos. Their all-in-one package includes setting up, maintaining, and customizing blockchain networks, making them an ideal partner for Fushuma.
BuildaBlock: Securing Callisto Network
Since March 2024, BuildaBlock has been the custodian of Callisto Network. Their reliability and expertise are crucial as Fushuma launches its testnet on Callisto Network.
Therefore, these partnerships allows Fushuma's founding team to focus on strategic and theoretical development, knowing that the technical aspects of the blockchain are in expert hands.
Fushuma Transaction Fees
The Fushuma transaction fees, instead of traditional validators, will be collected by a sequencer and distributed alongside Callisto Network coins (CLO) to compensate Zeeve and BuildaBlock for their ongoing efforts.
1. Zeeve will receive 3,995 USDT, 1,000 USD in FUMA tokens monthly, and 4% of the sequencer fees for their role in ensuring the operation and maintenance of Fushuma's blockchain.
2. BuildaBlock will receive 46% of the sequencer fees and 100 million CLO coins as compensation for maintaining the Callisto Network infrastructure.
3. The remaining 50% of the collected FUMA tokens will be burned, strengthening the deflationary model and the token's long-term value.
Transparent Reporting
As we move forward, Fushuma will ensure transparency by regularly publishing reports on updates, particularly those related to Zeeve's contributions. Furthermore, BuildaBlock's role, focused on maintaining the security of Callisto Network, will continue under the agreed terms.
Looking ahead, the DAO integration will empower the community to vote on continuing these partnerships or exploring new ones.
