Welcome to a new era… of Phreedom…

Pharout Labs
8 min readApr 6, 2022

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“When a government bails out a failed bank or insurance company — in essence, by printing money — the net effect is that the currency as a whole is debased, in favor of a few and at the literal expense of everyone else, which amounts to a fair description of today’s global financial system. Hence the sudden appeal of bitcoins, which appear, for the moment, at least, to be immune to the machinations of inept or crooked bankers and politicians.”

In 2008, Bitcoin was birthed in response to a global financial crisis resulting from “government backed” banks defaulting.

Lehman Brothers went bankrupt. Merrill Lynch, AIG, Freddie Mac, Fannie Mae, HBOS, Royal Bank of Scotland, Bradford & Bingley, Fortis, Hypo and Alliance & Leicester … all had to be “bailed out”.

The genesis block of Bitcoin holds this message:

“…The Times 03/Jan/2009 Chancellor on brink of second bailout for banks…”

Bitcoin was created as an attempt of liberation from state sponsored corruption and the usury of merchant banking dynasties; it was created by one of the People and given to the People to be used to circumvent censorship and unlawful acts of financial aggression and manipulation; it was a direct response to censorship, internal market manipulation and the abuse of power wrought by the hands of entities who were aided, comforted and rewarded for destroying the global economy.

Then, in 2010, a young genius named Vitalik Buterin gets his “beloved warlock’s Siphon Life spell” completely nuked by Blizzard from the game World of Warcraft! This devastated and impacted him so much that he would later go on to develop the Ethereum network with several other brilliant developers!

“I cried myself to sleep,” he wrote, “and on that day I realized what horrors centralized services can bring.”

In 2011, after quitting the game, Buterin became interested in bitcoin and co-founded Bitcoin Magazine, he told Insider...

Cryptocurrency is a free People’s money and medium of exchange with a globally secured and trust-less network by, of and for the People; it is not for low level corporate servants that work for the People to regulate, but they will try and they will unlawfully infiltrate and manipulate just as they did leading up to 2008 and even to this present day.

The civil rights movement should have taught and reminded us of many things -

  • all People are created free and equal, phact.
  • We all have a right to the freedom of expression in whatever means that is, be it publication of media (formerly known from the printing press) and the various arts(including sciences and medicines), phact!
  • There is NO room for prejudice in a mature and well adjusted society, and the major cause of oppression of the People is by internal corruption and subjugation of one human over another in positions of power, both elected and unelected, public and private, phact!
  • No human has the right to rule over another human in the affairs of their lives, how they worship, how they express themselves or what they own, phact.
  • We are all currently being subjugated by a collection of corporate actors who are oppressing People born free and equal, phact.

When the power of love overcomes the love of power, the world will know peace. — Jimi Hendrix

This brings us to 2021.

Ethereum based NFTs(Non-Fungible Tokens) were made standard thanks to the efforts of many pioneers, including two creators of the CryptoPunks https://www.larvalabs.com/ .

These talented artists made it well known that they proudly worked with the establishment such as Google, and the events to unfold showed that their principles were aligned with their idols and were unfounded in true crypto!

The majority of all NFT trading volume flowed through opensea.io, and they had subsequently banned the trading of a flipped version of the CryptoPunks, known as the CryptoPhunks, in July of 2021.

Read all about it and more on the history in this month’s version of ‘sup Phunks!

On July 11th, 2021, Ryder Ripps had also faced a backlash with the removal of one of his pieces, Punk #5528. He faced a copyright lawsuit by the people who claim to be the pioneers of NFTs, which he successfully challenged and won in court! (Read about the history of that along with some unique Phunk history here as well!)

The “Phunks” community went on to build a phantastic marketplace of their own, https://notlarvalabs.com/ , and became known as the NFT staple image of decentralization!

The community attracted people who embodied the ideals of decentralization, from world famous celebrities, artists and collectors/curators, to bitcoin enthusiasts and modern day cyberpunks, buidlers and the greater People alike.

These were CyberPhunks!

Your attitude is everything!

A community of rebellious builders and exceptional individuals found themselves gathering together in daily talks and discussions on various forums from Discord to Twitter calls. They inspired, aspired and pushed the boundaries of NFT discussion.

Some of the community even went to invent a completely new form of ERC20($PHUNKY!) that mimics the Bitcoin halving cycle, and is distributed to each Phunk holder to claim proportionally to their Phunk. The $PHUNKY DAO was soon formed thereafter and is now preparing work on a possible contract upgrade.

The pirates of the open sea along with their allies kicked a hornets nest!

They Phunked up!

This is the beginning of the story of Phar Out; an Ethereum based NFT marketplace and p2p distributed media platform being forged by the Phunk community and beautiful artists from around the world.

This is a complex piece of technology which has been well refined over the course of the last six months with the help of @whalegoddess (couldn’t have done it without them!).

Here is an UML diagram that outlines the contracts and the capabilities/interactions of the marketplace.

You will be able to list any NFT for sale!

Bid competitively in $ETH on any NFT(listed or unlisted)!

Trade any NFT for another NFT(ERC721 or ERC1155)!

Offer any ERC20 token for any NFT(listed or unlisted)!

You can even do all of the above for whole collection-wide NFTs! If you like a certain NFT collection, then you can enter a bid/trade/offer on it and any owner of an item in that collection can claim that order!

Great Scott!

Our custom marketplace contracts were carefully assembled and rigorously tested over the course of the last six months in full display of the Cryptophunks community along with a rough MVP of the concept.

In order to help fund the build, a temporary mint contract of PharOut NFTs was created which goes to a developers Gnosis multi-sig. You can still mint today at this current mainnet landing url for our present build, https://kindly-care.surge.sh/#/market/mint .

The Phunk community has been amazingly supportive and understanding through the build, and with their collective efforts we now have enough to deploy the full contract proxy suite on the Ethereum main-net! Any further funds raised will be used for marketing, media and promotional material to help us prepare during this time, as well as reimburse my daily efforts and sacrifices to see this to fruition! Please consider minting today! After the temporary mint sells out these will only be redeemable with $PHUNKY!

Holders of PharOut NFTs will avoid any platform fees, while also collecting platform fee rewards daily! Active users of the marketplace can collect shared platform fee rewards (2/3rds of all fees!), while the remaining 1/3rd is distributed between the dev team and the $PHUNKY DAO.

Further articles and an official white paper will soon come to explain the full working mechanics of the marketplace and unique rewards system.

Phar Out is more than a NFT marketplace, it is the beginning of an intergalactic finance, media and communications portal utilizing some of the most advanced forms of secure, decentralized and distributed networking protocols available today!

By using advanced cryptographic cyber-security protocols coupled with the decentralized Ethereum network, you can send messages and media (completely free) to any Ethereum address today using IPFS and a distributed network as close to p2p as you can get, and that’s just the very beginning!

There is a rough MVP of a community section prepared for use, while the backend networking details have been worked out and implemented for demonstrations in current form. You can sign up today(we will never ask for your personal identification information, or block users based on their location).

Send messages/media in a temporary public chat room, post Help-Wanted and For-Hire ads, send personal messages to one another, and much much more to come, including exclusive access features for PharOut NFT holders.

PharOut Labs will provide regular updates in the form of medium articles and Discord announcements leading up to the full official mainnet launch, please stay tuned for more as we regularly update the websites!

Join us in the Discord for our featured artists presentation and show some love and support for the amazingly talented @NadirNomad ! https://discord.gg/rx2n43wvZd All help is a big help!

If you align with the vision and are an artist or developer who would like to help out, please reach out to me to discuss paid opportunities!

All of the artwork and videos for the Phar Out market & media were created by our newly recruited media lead role, Lui !(follow them on Twitter!)

Each mint goes towards helping us recruit and build more! Grab one today!

Main-net test url: kindly-care.surge.sh

Rinkeby test url: lavish-knowledge.surge.sh

Email: pharoutlabs@protonmail.com

Twitter: https://twitter.com/PharOutLabs

Discord: https://discord.com/channels/959502925934239815/959502925934239821

BE PHREE!

BE PHUNKY!

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