Kyoto Whitepaper

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October 10th | Version 1.

0 | English

Whitepaper

The worlds first decentralised carbon commoidity


exchange.
KYOTO
KYOTO PROTOCOL
PROTOCOL
WHITE PAPER
BE NEUTRAL. BE CONNECTED. BE PAID.
Kyoto Protocol is building the worlds first hybrid DeFi carbon
commodity market bridge/platform; unlocking the value of carbon,
helping you earn passively whilst fight climate change.
Kyoto Protocol is a hybrid DeFi stack platform that gives everyone the
opportunity to invest, offset and trade certified carbon credits.

The Kyoto Platform is the only platform to feed decentralised live carbon credit
prices direct from oracles feeding the Kyoto Platform a non biased, live
decentralised price.

Running delegated proof of stake (DPOS) token, holders receive portion of each
certified carbon credit that is transacted on the platform; for validating and
authorising the transactions.

The Kyoto Platform offers the easiest access to certified carbon credits on the
market- Globally, offering a DeFi ‘ETF' alternative. This allows anyone to
invest, own and trade 'wrapped' tokenised carbon credits. (Kyoto Credits).

The Kyoto Platform IDO launchpad releases exclusive carbon conscious blockchain
based projects to its community. Invest consciously.

Kyoto Protocol is ran by the morals of its community, a fully decentralised


platform kept running by stake pools; 100% of all platform profits generated are
paid to Kyoto Token holders.

The Kyoto Platform offers a time and cost saving alternative for companies that
are required by law to offset utilising carbon credits. Lower fees, quicker
settlement.- Complimentary NFT certificate per carbon ton offset.

Built on top of the Cardano Blockchain, the Kyoto Platform & Token capitalises
on transaction efficiency, which drastically reduces fees by more than 99% as
compared to ETH- based solutions.
Market stats
The Carbon Commodity market grew 20% in 2020 to $272 billion, and is set to grow

30%
to a multi trillion dollar market by 2040, in order for governments to hit
climate change pledges.

notable increase
The IOHK in social
ERC mediaimplemented on
bridge the Kyoto Platform will allow projects to
network followers
transfer in a year
over to a more efficient, conscious DPOS network; lowering the carbon
footprint of the project.

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KYOTO
KYOTO PROTOCOL
PROTOCOL
WHITE PAPER
BE NEUTRAL. BE CONNECTED. BE PAID.
Kyoto Protocol platform NFT interoperability allows people to buy, trade and
customise limited edition 'Carbon Crusader' characters. These characters will
play an important role with benefits in the future, when we launch the final leg
of our platform; 'Kyoto-Verse'.- A carbon neutral virtual city that offers prime
virtual real estate for companies, individuals to trade, grow and build.

Both the Carbon Commodity & Crypto currency markets are growing in value. With
the Kyoto platform you can use your carbon credits as collateral to buy and
invest into cryptocurrency. You can also invest into the carbon commodity
markets without spending any crypto by receiving a collateralised loan to buy
Kyoto Credits; which are wrapped 1-1 with certified, audited Carbon Credits.

This whitepaper, and the Kyoto Protocol with associate tokenomics, will continue
to evolve over the next several month leading to a full-scale launch in 2022.
The launch is subject to the release of Cardano's Goguen hard fork. We deeply
believe in developing with the community and offering a risk-less opportunity
for everyone to participate; by way of an ISPO. Currently there are no tokens
for sale by way of private sale. If you are offered Kyoto Tokens or Kyoto
Credits it is not from our team.

Market stats

30%
notable increase in social media
network followers in a year

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KYOTO
KYOTO PROTOCOL
PROTOCOL
EXECUTIVE SUMMARY
BE NEUTRAL. BE CONNECTED. BE PAID.
Building a decentralized, ethical and cost-efficient hybrid platform, Kyoto
Protocol is community-driven, highly profitable and intuitive to use, Kyoto
Protocol is a bridge between two of the fastest growing markets in human
history.
With the stellar rise of both the cryptocurrency and carbon markets and the
resulting value amassed, the crypto & Carbon investor; other market participants
(businesses, institutions, and miners) are reluctant to convert their
crypto/carbon assets into fiat currency. This is due to fiat currencies
declining in buying power, and converting crypto/Carbon to fiat triggers a tax
event (capital gains tax). The Kyoto Platform allows the aforementioned to gain
exposure into another market (Carbon commodity or Crypto Currency markets)
without triggering a taxable event. This means that entities that trade carbon
credits can also gain access into the cryptocurrency market without converting
there Carbon Credits into Fiat money. The kyoto Platform cuts costs, saves time
and bypasses taxable events.

Mirroring the stellar rises in both markets is our global carbon footprint.
Kyoto Protocol is a community driven platform that bridges two major markets on
an efficient blockchain to help raise awareness and combat climate change
itself. We do not own the planet, we share it. Our thesis is to create a diverse
ecosystem under the Kyoto Protocol umbrella that is owned and driven by its
community, with the sole aim to become THE hub for all sustainable projects
built on blockchain technology, and the worlds leading Carbon credit exchange.
Offering the upmost transparency and quickest settlement time available. Climate
change is real and all of the Kyoto Trusts staking profits go towards
sustainability projects.

Kyoto Protocol is a decentralised and trustless network built on the Cardano


Blockchain using smart contracts and governed by the Kyoto Foundation. This
provides a fast, safe, and transparent set of tools for all participants to
lend, borrow, trade and offset carbon credits or cryptocurrency on our platform.
Utilising smart contracts also delivers the transparency and transactional
monitoring of spent and unspent Carbon credits; a real problem that the carbon
Market stats market suffers from.
commodity

30%
notable increase in social media
network followers in a year

October 10th | Version 1.0 | English Page 4 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
SCORECARD
BE NEUTRAL. BE CONNECTED. BE PAID.

Start Date Type


05 November 2021 Hybrid bridging platform with
decentralised lending protocols,
NFT metaverse interoparability

Team (PRE ISPO) Location


5 UK, EU, UAE.

Token Ticker Engineering


KYOTO TBA
Blockchain Governance
Cardano Kyoto Trust

Token Type Total Token Supply


Deflationary 250000000 KYOTO

Launch Date Crypto Asset Support


TBA ADA, BTC, ETH, BNB
Products Carbon Asset Support
Wrapped Assets CER's, VER's.
Lending & Borrowing Key Benifits
'ETF' style access to carbon Trustless
markets Non custodial (Dpos)
Staking Censorship resistant
NFT Metaverse Carbon Capturing
Certified offsetting
October 10th | Version 1.0 | English Page 5 of 15
KYOTO
KYOTO PROTOCOL
PROTOCOL
MAKE A DIFFERENCE
WHY KYOTO PROTOCOL?
The name Kyoto Protocol came from the first ever agreement between nations to
help lower green house gas emissions. The United Nations created the Kyoto
Protocol which subsequently created carbon as a trade-able commodity. The united
Nations later replaced the Kyoto Protocol with the Paris Agreement. We picked up
the name to show governments that changing the name of legislation doesn't buy
time or solve issues. We are the first hybrid decentralised market bridge to the
carbon commodity market, named after the very first legislation which created
carbon as a commodity. We plan on being the carbon to the Bitcoin at bitcoin.com

Our Why.
The team at Kyoto Foundation share the same core values and respect for our
planet as we do for trustless, open source solutions. We are cryptocurrency
veterans that have amassed a virtue of experience from a diverse range of
projects. From regulated activities to advisory on charitable projects
implementing AI and blockchain technology. Investor by heart, our founder was
looking into different markets that are expected to grow in the next five years.
The fundamentals of the carbon markets are extremely bullish, with the biggest
effort in human history to fight climate change expected to ramp up 10 fold by
2040. After reviewing the accessibility of the carbon markets alongside some of
the issues surrounding the transparency and monitoring of Certified carbon
credits it became apparent that utilising a trustless smart contract driven
platform would aid the carbon commodity market, to make it safer, more
transparent and to ensure that carbon credits are not re sold.

Our Vision.
We envision our platform to be split into two parts when fully launched. 1. The
Kyoto platform; a trustless market bridge with ancillary services such as
lending, borrowing, staking, certified offsetting, IDO launchpad, IOHK ERC
bridge, NFT functionality. Owned and driven by the community, 100% of all
platform profits go to staking pools. 2. The Kyotoverse; A virtual city with
virtual 'clean projects' that generate the currency of the kyotoverse. (Virtual
carbon credits in the Kyotoverse). The virtual KyotoVerse currency runs on the
blockchain and is used to purchase real-estate within the KyotoVerse. Owners of

30%
virtual land can create virtual offices to host meetings, or advertise carbon
conscious projects.

notable increase in social media


network followers in a year

October 10th | Version 1.0 | English Page 6 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
THE GROWTH TO COME
Carbon Credit Market
The global carbon credit market have grown consistantly every year since
inception. Currently the global carbon markets are a tenth of the size of the
crypto currency market but have the fundamentals to grow to the current value of
todays market, of even surpass it. The reason behind this is the driving goal by
governments across the world to lower carbon emmissions to net zero by 2050. The
global carbon markets grew 20% in 2020. The price of carbon per ton is up nearly
100% year to date at the time of writing (Shared below). Gaining access to the
carbon markets or even obtaining simple pricing can be difficult. As access
grows and countries commit more attention to the carbon markets the area for
growth is colossal.

Our Vision.
Accessing gains with Kyoto Protocol
If you search or try to obtain Carbon credits you are introduced to different
countries pricing. Prices of carbon can vary from country to country which
offers even more confusion. Kyoto Protocol offers a simple effective way for
investors, traders or carbon conscious offsetters the ability to gain access to
carbon credits on our platform and add them to there investment portfolio. Kyoto
Credits are wrapped asset versions of certified carbon credits pegged to the
european price index. In the future if the carbon commodity market remains

30%
compartmentised we will bridge different carbon credits outside the european
union to other markets such as the United Kingdom, Asia and USA; with seperate
pricing. Always decentralised.
notable increase in social media
network followers in a year

October 10th | Version 1.0 | English Page 7 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
THE GROWTH TO COME

Carbon offsets are a form of trade. When you buy an offset, you fund projects
that reduce greenhouse gas (GHG) emissions. The projects might restore forests,
update power plants and factories or increase the energy efficiency of buildings
and transportation. Carbon offsets let you pay to reduce the global GHG total
instead of making radical or impossible reductions of your own. GHG emissions
mix quickly with the air and, unlike other pollutants, spread around the entire
planet. Because of this, it doesn't really matter where GHG reductions take
place if fewer emissions enter the atmosphere. Carbon credits are the biproduct
of clean projects and are certified by regulatory bodies in the carbon they will
capture. The result of this creates a secondary market; which is currently
fragmented with accessability issues. Kyoto Protocol is here to change this.

30%
notable increase in social media
network followers in a year

October 10th | Version 1.0 | English Page 8 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
MAKE A DIFFERENCE
EARN WITH KYOTO PROTOCOL
Kyoto Tokens play an important role in the the Kyoto protocol ecosystem. Taken
from inspiration of the delegated proof of stake model that Cardano runs,
individuals can stake their Kyoto Tokens without sharing any security phrases
or handing over any cryptocurrency. Token holders delegate to stake pool
operators. The Kyoto platform interfaces with staking pools automatically.
Transactions that occur on the Kyoto Platform need to be broadcasted to two
separate staking pools. 1. Kyoto Token pools. 2. Kyoto Credit pools. Both
staking pools validate parts of the transaction and receive dividends in Kyoto
Credits paid to the delegated wallet addresses. Kyoto Credits are wrapped
assets of certified carbon credits held in our inventory at the Kyoto trust.
All carbon credits are verified and audited by a third part top tier law firm.
We provide transparency reports every quarter.

30%
notable increase in social media
network followers in a year

October 10th | Version 1.0 | English Page 9 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
MAKE A DIFFERENCE
Real Pricing. Decentralised.
The Kyoto Platform is a decentralised market bridge that is owned by its
community. To be exactly that we require a decentralised pricing model for the
cryptocurrencies and carbon credits supported. Below is the oracle contract
from chainlink which gathers censorship free price feeds. The Kyoto platform
will take use of oracle based systems built on the Cardano network to relay
its pricing feeds. This ensures that the correct, live rate of cryptocurrency
or carbon is being paid per carbon credit wrapped, traded or burnt.

Oracles
An oracle is a trusted source of information (e.g. a data feed) that gives
smart contracts the data needed to execute an action. Oracles can track the
price of an asset and provide a prediction of the asset in the future. The
advantage of having oracles is that it provides the smart contracts with the
ability to execute an action based on external events (such as a bank

30%
transfer). This is a crucial aspect of the functionality of crypto-backed
loans. Kyoto Protocol will utilize oracle technology to fetch the price of the
unwrapped
notable increaseversions of Kyoto assets (Kyoto Credits) to determine various
in social media
network
protocolfollowers in a year
parameters such as live asset pricing, user loan to value ratios,
liquidation events, and notification events for users. Additionally, the Kyoto
oracles maintain bridges between the blockchain wrapped assets and Certified
Carbon Credits held in the Kyoto Trust; meaning that the number of Kyoto
Credits cannot exceed the total number of Carbon credits held.

October 10th | Version 1.0 | English Page 10 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
TOKENOMICS
KYOTO Token
The Kyoto token is a multipurpose token on the Kyoto Protocol its core
functions are:
Protocol governance
Incentivization
Fee reductions
KyotoVerse free gateway key
Our token is the medium of exchange under the Kyoto Protocol. Token holders
are given incentives to not only utilise their KYOTO tokens when desirable but
maintain a minimum balance to maximise their future earnings under the
protocol. To maintain holding utilisation, Staking provides an annual
percentage yield (APY), and fee reductions further strengthen the functions of
KYOTO Tokens as a utility for lending and long-term appreciation.Additionally,
once reaching a significant milestone of decentralisation, introducing
protocol governance requires maintaining at least a certain fraction of total
supply. The protocol has a fixed supply of 250 Million Kyoto Tokens tokens
with deflationary mechanisms of buybacks and Liquidity pool yield. The
initial distribution is:

30%
notable increase in social media
network followers in a year

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KYOTO
KYOTO PROTOCOL
PROTOCOL
Customer Aquisition

Blockchain’s mainstream moment will come, not when people understand how it
works, but why they need it. Kyoto Protocol takes is the first community
driven project accelerating the efforts of previously forgotten legislation
left behind by our governments. Empowering blockchain to pave way for a
cleaner, greener future. Kyoto Protocol and its community picks up where
governments left. Our strategy consists of four main components:
BUILDING ON A STRONG COMMUNITY
Our focus on building the community will serve to both create the first layer
of customers ready to use Kyoto Protocol once it is operable and secondly as
ambassadors & cheerleaders in spreading the word. The community building will
be spearheaded by creating stakeholders through the Initial Stake Pool
Offerings (ISPO) and referrals. Any tokens that fail to sell or airdropped
will be used to incentivise people to download our App, learn about carbon
usage and ultimately become a part of something great.
STRATEGIC PARTNERSHIPS
We are working on partnership agreements in the background with other
crypto/blockchain platforms that will include Kyoto Protocol as a product for
their customers. In addition, we will be partnering with centralised exchanges
to have our token listed on their trading platforms. In addition to this, away
from cryptocurrency and blockchain we are in talks with liquidity providers
that own certified carbon credits to onboard and bring liquidity into our
platform. We hope to launch Kyoto Protocol with a strategic partnership of
10+m tons of certified carbon credits, this will allow us to build a strong
base for larger corporations to offset with our community owned platform. The
bigger the companies the more carbon credits, the more carbon credits traded;
more dividends to KYOTO token holders paid out.
INFLUENCER & STRATEGIC MARKETING
We will use both Influencer and Content Marketing to first create attention
about the ISPO, build the community, and acquire further customers. Our

30%
Influencer Marketing approach will cover both the use of Crypto Influencers as
well as ensuring Crypto Thought leaders & Celebrity Endorsements.This includes
sponsorships of podcasts & youtube channels and cooperations with Twitter,
notable
YouTube,increase
andin social
TikTokmediainfluencers. In addition, we will further down the line
network followers in a year
focus on influencers with personal finances that operate outside the crypto
sphere.Our Content Marketing will equally be focused on both the specialised
Crypto Media as well as the mainstream press. It will also drive traffic
through SEO linking to our own domain ensuring that we attract the customers
actively searching the net for Carbon offset, Carbon credits, climate change
and others.
October 10th | Version 1.0 | English Page 12 of 15
KYOTO
KYOTO PROTOCOL
PROTOCOL
NFT's WITH A REASON

Paying homage to our community and an outside the box way of aproach in
guildines to our core beliefs; we are launching NFT's that are used as access
keys to our off grid, sustainable lodges in the Kyoto Trust's forest projects
globally. Each conservation project is funded by the staked tokens of the
Kyoto Trust. We offer further value in building small eco farms per project to
sustain our research, development and understanding in ancient microbial
ecosystems. The Kyoto Trust issues 12 NFT's that will act as keys to gain
entry to our private lodges. Each NFT represents one calander month stay at
our eco lodges. For your family, friends or scientific research. The NFT's
will auction over the Kyoto Platform once the projects are complete. 3 NFT's
are donated to local scientific research groups/ universites to offer students
am alternative, hands on study option.

CONSERVATION PROJECTS
Revenue generated from platform profits by way of the Kyoto Trusts tokens
staked are placed into conservation projects alongside carbon capturing
projects globally. Ancient woodlands are an integral part of our ancesteral
routes and house millions of microbial networks that could help fight against
virus, illnesses and in some cases cancerous cells. Kyoto Trust will play its
part in securing and conserving natural habitats and potentially life saving
cells for future research.

BATTLING CLIMATE CHANGE


300 million homes are forecasted by some of the worlds leading scientists to
be displaced or destroyed by climate change and rising sea levels by 2050. For
a lot of us, that is in our lifetime. Countries such as the Netherlands,
Belguim and cities like New York, London have the strong likelyhood to be
reshaped or even lost if sea levels rise by the forecasted rates. This
catalyst amongst many others will help aid the growth in Kyoto Protocol. The
kyoto trust will also invest a portion of its staking profits into flood

30%
mitigation works alongside mass tree planting globally.

notable increase in social media


network followers in a year

October 10th | Version 1.0 | English Page 13 of 15


KYOTO
KYOTO PROTOCOL
PROTOCOL
Disclaimer

PLEASE READ THIS SECTION OF THE DOCUMENT CAREFULLY. CONSULT LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL
ADVISORS; IF YOU ARE IN ANY DOUBT ABOUT THE ACTION, YOU SHOULD TAKE. THIS DOCUMENT’S INFORMATION MAY NOT
BE EXHAUSTIVE AND DOES NOT IMPLY ANY ELEMENTS OF A CONTRACTUAL RELATIONSHIP OR OBLIGATIONS. WHILE WE MAKE
EVERY EFFORT TO ENSURE THAT ANY MATERIAL IN THIS DOCUMENT IS ACCURATE AND UP TO DATE, SUCH MATERIAL IN NO
WAY CONSTITUTES PROFESSIONAL ADVICE. WE DO NOT GUARANTEE NOR ACCEPT ANY LEGAL LIABILITY ARISING FROM THE
ACCURACY, RELIABILITY, CURRENCY, OR COMPLETENESS OF ANY MATERIAL CONTAINED IN THIS DOCUMENT. NO PART OF
THIS DOCUMENT IS LEGALLY BINDING OR ENFORCEABLE, NOR IS IT MEANT TO BE. THE AUTHOR DEVELOPED THIS
DOCUMENT BASED ON AN EVALUATION METHOD GENERALLY ACCEPTED BY THE CRYPTOCURRENCY COMMUNITY (QUANTITY
THEORY OF MONEY AND DISCOUNTED CASH FLOW ANALYSIS) AND RELIES ON A GENERALLY ACCEPTED SCHOOL OF ECONOMIC
THOUGHT (MONETARIST SCHOOL OF ECONOMICS). IT IS IMPORTANT TO NOTE THAT THE BLOCKCHAIN AND CRYPTOCURRENCY
AREA IS STILL VERY NEW. There is very little historical data, past performance results, or academic
research on the topic of cryptocurrencies when compared to the historical data available for standard
stocks and equities, let alone the lack of data available for tokenization, economics, and long-term
valuations of these digital assets. STOCKS (EQUITY) HAVE BEEN AROUND SINCE THE EARLY 1600S, AND IT IS
ONLY IN THE PAST 100 YEARS THAT WE HAVE BEGUN TO HAVE MORE COMPREHENSIVE AND WIDELY ACCEPTED VALUATION
MODELS. HOWEVER, THEY ARE STILL SUBJECT TO BIAS AND INTERPRETATION AND SUFFERED FROM THEIR INPUTS’
QUALITY. ON THE OTHER HAND, CRYPTOCURRENCIES HAVE BEEN AROUND SINCE 2008, WITH A BROADER RECOGNITION
AROUND 2016 AND AN EXPLOSION IN THE NUMBER OF TOKENS IN 2017. AS SUCH, IT IS WAY TOO EARLY TO EVALUATE OR
COMMENT ON THE PERFORMANCE, MONETARY POLICY, AND MODELS BEHIND ANY OF THEM. AS A RESULT, THE AUTHOR OF
THE CURRENT DOCUMENT PREFERS TO RELY ON SOUND ECONOMIC PRINCIPLES BACKED BY DATA AND REASONABLE
ASSUMPTIONS. FURTHERMORE, THE CURRENT MODEL RELIES ON SEVERAL ASSUMPTIONS, FORECASTS, AND REQUIREMENTS
EXPLICITLY SPECIFIED BY THE COMPANY BEHIND THE TOKEN OFFERING. AS SUCH, THIS MODEL IS ONLY AS GOOD AS
THOSE ASSUMPTIONS ARE. ANY SIGNIFICANT DEVIATION FROM THE INPUT NUMBERS WOULD SUBSEQUENTLY IMPACT THE
OUTPUTS OF THIS MODEL. THE MODEL PRESENTED HERE AIMS TO PROVIDE A FAIR TOKEN PRICE VALUATION BASED ON THE
MERITS OF THE BUSINESS BEHIND IT (AS FAR AS THEY ARE KNOWN/ESTIMATED AT THE TIME OF THE CREATION OF THIS
MODEL) AND CANNOT ACCOUNT FOR ANY POSSIBLE SPECULATIVE ACTIONS AND MARKET MANIPULATION BY ANY PARTY AS
WELL AS FOR IRRATIONAL MARKET BEHAVIOR. NONE OF THE INFORMATION OR ANALYSES IN THIS DOCUMENT IS INTENDED
TO PROVIDE A BASIS FOR AN INVESTMENT DECISION, AND NO SPECIFIC INVESTMENT RECOMMENDATION IS MADE. THIS
DOCUMENT DOES NOT CONSTITUTE INVESTMENT ADVICE OR AN INVITATION TO INVEST IN ANY SECURITY OR FINANCIAL
INSTRUMENT. NO REGULATORY AUTHORITY HAS EXAMINED OR APPROVED ANY OF THE INFORMATION SET OUT IN THIS
DOCUMENT. NO SUCH ACTION HAS BEEN OR WILL BE TAKEN UNDER THE LAWS, REGULATORY REQUIREMENTS, OR RULES OF
ANY JURISDICTION. YOU ACKNOWLEDGE AND AGREE THAT YOU ARE NOT USING THE INFORMATION IN THIS DOCUMENT FOR
PURPOSES OF INVESTMENT, SPECULATION, AS SOME TYPE OF ARBITRAGE STRATEGY, FOR IMMEDIATE RESALE, OR OTHER
FINANCIAL PURPOSES. SOME OF THE DOCUMENT’S STATEMENTS INCLUDE FORWARD-LOOKING STATEMENTS THAT REFLECT OUR
CURRENT VIEWS CONCERNING EXECUTION ROADMAP, FINANCIAL PERFORMANCE, BUSINESS STRATEGY, AND PLANS. ALL
FORWARD-LOOKING STATEMENTS ADDRESS MATTERS THAT INVOLVE RISKS AND UNCERTAINTIES AND DO NOT GUARANTEE THAT
THESE RESULTS WILL BE ACHIEVED AND MAY LEAD THE ACTUAL RESULTS TO DIFFER MATERIALLY
FROM THOSE INDICATED IN THESE STATEMENTS. NO STATEMENT IN THIS DOCUMENT IS INTENDED AS A PROFIT FORECAST.
GIVEN THAT THE “REGULATIONS” FOR CRYPTOCURRENCY IN MOST COUNTRIES AT BEST ARE HIGHLY AMBIGUOUS OR
COMPLETELY NON-EXISTENT, EACH BUYER IS STRONGLY ADVISED TO CARRY OUT A LEGAL AND TAX ANALYSIS
CONCERNING THE PURCHASE AND OWNERSHIP OF CRYPTOCURRENCY AND TOKENS ACCORDING TO THEIR

30%
NATIONALITY AND PLACE OF RESIDENCE.EVERYTHING IN THIS DOCUMENT IS THE AUTHOR'S OWN WORK, WITH EXTERNAL
SOURCES AND REFERENCES PROVIDED WHERE APPROPRIATE. SOME PARTS OF THIS DOCUMENT, ON NON-PROJECT-SPECIFIC
TEXTS, CHARTS,GRAPHICS, AND FORMULAS, MIGHT BE IDENTICAL WITH OTHER DOCUMENTS PRODUCED BY THE SAME
AUTHOR.THESE INCLUDE BUT ARE NOT LIMITED TO THE EXPLANATION OF SOME FORMULAS, MODELING TECHNIQUES,
notable
ECONOMICincrease in social
THEORIES, ANDmedia
POLICIES.
network followers in a year

October 10th | Version 1.0 | English Page 14 of 15


October 10th | Version 1.0 | English

Thankyou!

The worlds first decentralised carbon commoidity


exchange.

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