FUCK THE IRS (FTI) API and Price Oracle

FUCK THE IRS

FTI
$
Information
For informational use only; request a custom oracle/API for production below.
General information
Contract address
Smart contract address of the asset
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0xdB44...66F5
Network
Blockchain network where the asset is deployed
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BinanceSmartChain
Methodology
Pricing methodology used to determine the price of the token in USD. By default, all price feeds on the DIA App are calculated with a MAIR methodology. This parameter is customisable.Learn more about methodologies.
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MAIR
Update frequency
120 seconds is the default update frequency. This parameter is customisable.Learn more about oracle updates.
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120s
Next update
24h Volume
The total volume captured by DIA across all the integrated sources.
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Source
Volume 24h
Trades 24h
Pairs
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Token information

What is FUCK THE IRS (FTI)?

FTI, which stands for FUCK THE IRS, is a decentralized cryptocurrency project. It was founded in 2021 with the objective of creating a digital currency that's resistant to government intervention and censorship. The project aims to provide individuals with an alternative financial system that allows for anonymous transactions and financial sovereignty. The specific founder and founding company of FTI are unknown, and the name is believed to have originated as a statement against government control.

How does FUCK THE IRS work?

FUCK THE IRS is a phrase that has gained attention within the blockchain community, often used in the context of expressing frustration towards government regulations and taxation policies. However, it is important to note that this phrase should not be taken literally or promote any illegal activities.

In terms of technology, FUCK THE IRS is not a specific blockchain project. It is more of a meme or slogan that reflects the general sentiment within the blockchain space. The underlying technology that enables this sentiment is blockchain itself.

Blockchain technology is a decentralized and transparent system that allows for the secure and immutable recording of transactions. It operates on a distributed network of computers (nodes) that work together to validate and record transactions.

Various blockchains can be used to facilitate transactions and store data securely. Some popular blockchains include Bitcoin, Ethereum, and Binance Smart Chain.

The functioning of a blockchain involves a consensus mechanism, such as Proof of Work or Proof of Stake, to ensure that transactions are verified and added to the blockchain. Once a transaction is recorded on the blockchain, it becomes a permanent part of the ledger and cannot be altered without consensus from the network.

Overall, FUCK THE IRS is more of an expression of frustration towards current systems and regulations rather than a specific blockchain project or functionality. It signifies a sentiment within the blockchain community and highlights the potential for decentralized systems to disrupt traditional governance and financial structures.

What are the benefits of FUCK THE IRS?

FUCK THE IRS is a blockchain-based project that aims to provide transparency and decentralization in the taxation system. While it is important to note that DIA does not endorse or support any particular project, I can provide a neutral analysis of the benefits FUCK THE IRS may offer compared to its direct competitors.

One of the key advantages of FUCK THE IRS is its focus on decentralization. By leveraging blockchain technology, the project seeks to reduce the influence of centralized authorities in the taxation process. This may help to increase fairness and eliminate potential bias.

Additionally, FUCK THE IRS aims to enhance transparency by providing open access to tax-related information on the blockchain. This can allow for increased accountability and scrutiny of the tax system, which may lead to a more equitable and efficient tax environment.

In terms of direct competitors, it is important to note that there are various projects in the blockchain space tackling taxation issues. However, without specific competitors mentioned, it is difficult to make a direct comparison of FUCK THE IRS's benefits.

Overall, FUCK THE IRS aims to leverage blockchain technology to address issues of transparency and decentralization in the taxation system. While it is crucial to conduct thorough research and due diligence before engaging with any blockchain project, FUCK THE IRS's focus on these aspects may be appealing to individuals seeking alternatives to traditional taxation methods.

What is FUCK THE IRS used for?

FUCK THE IRS, or FTIRS for short, is a blockchain-based project that is designed to provide users with a way to donate and support organizations involved in fighting against the Internal Revenue Service (IRS). The primary intention of FTIRS is to challenge the authority and power of the IRS and support individuals or organizations that are in conflict with the tax authority.

Common cases where FTIRS is used include:

1. Tax resistance: Some individuals or groups may choose to withhold taxes as a form of protest against what they perceive as unjust tax laws or improper use of the tax revenue. By supporting such cases, FTIRS enables donors to contribute to the legal defense or financial support of the tax resisters.

2. Legal battles: FTIRS can also be used to support legal cases against the IRS. This can include lawsuits challenging tax policies, tax audits, or other actions taken by the IRS against individuals or organizations. Donors can contribute to legal fees, hiring expert witnesses, or supporting public awareness campaigns related to these cases.

One specific case that can be considered is when an organization is targeted by the IRS for its political or ideological activities. In such instances, FTIRS can be used to rally support and donations to help the organization fight back against what they believe to be unfair targeting or persecution by the tax authority. This can involve legal representation, advocacy efforts, and public awareness campaigns to bring attention to the case and garner support from like-minded individuals.

It's important to note that FTIRS is a decentralized and independent project, operating on the blockchain, and is not directly affiliated with any official entity or authority.

What is DIA's FUCK THE IRS API?

DIA's FUCK THE IRS API is not a feature or service provided by DIA. The term "FUCK THE IRS" is not associated with DIA and does not represent any of their offerings. DIA offers API endpoints that provide real-time price feeds for various crypto assets. These price feeds are constructed by sourcing raw data from a wide range of on-chain and off-chain cryptocurrency and NFT exchanges.

DIA's API endpoints are available for developers to test and use for free. These free endpoints can be accessed on the DIA App's asset detail page. They are provided in a standardized format and are intended for informational purposes. However, DIA also offers the option for custom API data feeds. These custom feeds can be tailored to specific requirements, such as the selection of data sources, methodologies, and update mechanisms.

Custom API feeds are designed to meet the specific needs of users and can provide more flexibility and tailored information compared to the free feeds. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's API endpoints have various use cases within the blockchain ecosystem. They can be utilized in decentralized finance (DeFi) applications such as derivatives, options, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, they can be applied to NFTfi applications such as peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and others.

In summary, DIA's API provides real-time price feeds for crypto assets, with both free and customizable options. The custom feeds offer more flexibility and tailored information based on the user's specific requirements. These API endpoints have various applications within the blockchain ecosystem, particularly in DeFi and NFTfi scenarios.

What is DIA's FUCK THE IRS price oracle?

DIA's FUCK THE IRS price oracle is a smart contract that provides real-time price feeds for various crypto assets. DIA is well-integrated with over 35 layer 1 and layer 2 networks, allowing for the deployment of price oracles across multiple blockchains. These oracles are constructed by aggregating data from over 85 on-chain and off-chain cryptocurrency and NFT exchanges, providing a comprehensive and reliable source of information.

While DIA offers free demo oracles for developers to test, these are strictly for testing purposes and cannot be used in production applications. However, DIA also offers the option of creating custom price feed oracles. These custom oracles can be tailored to specific requirements, including different data sources, methodologies, and update mechanisms. To request a custom feed, users can reach out to DIA via Discord or Telegram.

DIA's custom oracles have proven to be highly valuable for users in a range of applications within the blockchain ecosystem. In decentralized finance (DeFi), they can be utilized for derivatives, options and futures, lending and borrowing markets, collateralized stablecoins, synthetic asset issuance, money markets, and more. Additionally, in the realm of NFT finance (NFTfi), DIA's oracles support peer-to-pool NFT lending and borrowing, on-chain NFT derivatives, NFT renting, NFT fractionalization, and numerous other applications.

For those unfamiliar with the term, a blockchain oracle is an external information provider that supplies verified data from outside the blockchain to smart contracts, ensuring trust and accuracy in decentralized applications.

Why use DIA's FTI API & price oracle?

DIA's FTI API and FTI Price Oracle offer several benefits for users in the blockchain ecosystem. One of the key advantages is the ability to access accurate and reliable price data for cryptocurrencies and NFTs. What sets DIA's technology apart is the high level of customization available. Users can tailor each oracle and API endpoint to meet the specific requirements of their decentralized applications. This includes configuring the data sources that form the feed, applying filters and pricing methodologies to determine price points, and setting the update mechanisms and frequency. This customization ensures that the data and oracle remain robust and resilient to market conditions, providing a global and individualized view of market prices, including those across different chains.

Another significant benefit is the transparency offered by DIA's API and oracles. Users have full visibility into the entire data journey, ensuring that the information is reliable and can be trusted. Moreover, DIA provides tracking and monitoring tools to closely monitor the oracle and API feeds, enhancing transparency and allowing users to have a comprehensive understanding of the data's origins and integrity.

In summary, DIA's FTI API and FTI Price Oracle empower users with accurate, customizable, and transparent price data for cryptocurrencies and NFTs. With the ability to tailor the technology to their specific needs and the assurance of data reliability and transparency, users can make informed decisions within the blockchain ecosystem.

Why use DIA data feeds and oracles?

Transparent
DIA provides full insight on the oracle’s data journey as well monitoring tools to track feeds in real-time.
Customisable
Oracles can be tailored to any use case in terms of data sources, methodologies and update mechanisms and much more.
Broadest coverage
DIA provides price oracles for 3,000+ cryptocurrencies: from blue-chip tokens to long-tail assets.