# Three Main Sets of Participants

1. **Users:** 1) Create, transform, and transfer digital and virtual assets, or 2) request transactions on FNCY chain to use smart contract-based applications. If the user is a FNCY Membership subscriber, he/she can receive Membership benefits. 
2. **Holders ($FNCY Holders):** Participate in staking services through the Ecosystem Fund as a LP of FNCY DeFi.
3. **FAM (FNCY Authority Members)**: Node validators create new blocks and validate existing blocks.