CRYPTOQORN LITEPAPER
Today’s challenges of financial transactions
In today’s crypto world we do see seed phrase issues, regulation challenges (KYC, MiCA, DORA e.g) and leadership issues. Additionally existing projects in the crypto market hold short term utility, lack of Crypto due diligence information and concept understanding for mass adoption which do cause dysfunction for the industry in general and specifically the users. These issues create inefficiencies and distrust towards the Blockchain, Deeptech and AI industry. Current solutions are not secure, user-friendly, or sustainable enough so therefore a more innovative and decentralized approach is necessary.
Problem Statement
Solution: The [Q-TOK] Ecosystem
Q-TOK is a native Utility Token that will serve as the backbone of the CRYPTOQORN ecosystem. It is designed to give users access to the Q-Market platform and the PalmFusion Technology platforms throughout its unique engineered wallets and within the platform, facilitate transactions, incentivize behavior or govern decentralized elements of the platform. Users will be able to use the token for specific services like transactions, access to premium features, voting, staking and receiving airdrops and rwa drops. The token’s role is crucial in ensuring key benefits, such as improved product quality of wallets and NFTs, higher incentives for the community to follow upcoming regulation, and an efficient new governance model.
Unlike Security Tokens, Q-TOK does not grant ownership, dividends, or voting rights outside of the governance functions on the platform, but it grants higher quality of incentive such as active/passive income than no other Utility token ever has offered before.
Utility Token Overview
- Token Type: Utility
- Blockchain: Ethereum (Binance Smart Chain).
- Standard: ERC-20 (BEP-20).
- Supply: 8B
- Initial Circulation: 2B
- Burning Mechanism: Burning and deflationary mechanism is embedded in the platform.
- Governance Role: Auto Governance via MBCG leadership model and AUTOHODLING.
Tokenomics
Token Utility:
The Q-TOK token will be utilized for the following purposes:
- Transaction Fees: Used to pay for services on the platform.
- Access to Features: Via Premium memberships unique features will be unlocked through token usage.
- Staking: Users can stake tokens to receive rewards and benefits.
- Governance: Token holders can vote on platform.
Use Cases and Application
Core Use Cases:
- Whitelisting and Private Sales buy in and holding:
- Buy tokens in Soft Cap 1, 2 and Hardcap with FIAT via SAFT Advanced agreement, download the MiCA Wallet Software version 1.0 (New regulation standard for wallets), get your Token airdrop with additional RWA drops to follow the sustainable cliff and vesting schedule.
- Premium Memberships (Platform personas): Become a Premium member as buyer/investor, trader, collector, developer, crypto fanatic and get rewarded due to specific performances related to NFT:s , SmartNFT:s and Qommodities.
- MiCA Wallet:Buy the Q-crowd sourced MiCA Wallet Hardware with Q-TOK and get rewards.
Token Sale & Distribution
Public Sale Information:
- TGE: TBD to 28 FEB.
- Token Price: TBD to 28 FEB.
- Trading Pair: TBD to 28 FEB.
- Soft Caps: TBD to 28 FEB.
- Hard Cap: TBD to 28 FEB.
Token Distribution Plan:
Tokens will be distributed as follows:
- Seed/Strategic Sale : 4.00%
- Initial Private Sale : 4.00%
- Public Sale : 28.00%
- Marketing : 10.00%
- Founders & Team : 10.00%
- Advisors : 2.50%
- Community and Rewards : 24.00%
- Reserve/Treasury : 17.50%
Valuation & Benefits At Different Stages
| Package 1 (USD 114) | |||
|---|---|---|---|
| Price Projection | Price (USD) | Total Assets | Value |
| Current Valuation | |||
| Average Price | 0.005689474 | 20037 | $114.00 |
| 5 NVS Shares – Nominal Price – NR | 0.01 | 5 | $0.05 |
| Total Investments | $114.05 | ||
| Valuation at Listings | |||
| Price Projection Based on Hard Cap | 0.010969344 | 20037 | $219.79 |
| 5 NVS Shares Based on IPO | 23.19 | 5 | $115.94 |
| Total Benefits | $335.73 | ||
| Price @ 1 Trillion Market Cap (Ecosystem) | |||
| Price Projection | 62.5 | 20037 | $1,252,312.50 |
| 5 NVS Shares | 45,000.05 | 5 | $225,000.23 |
| Total Benefits | $1,477,312.73 | ||
Roadmap and Litepaper 1.0
- Q4 [2024]: Key milestones project launch with CryptoQorn Labs webpage 1.0, CRYPTOQORN Protocol, Whitepaper 1.0, Tokenomics 1.0 and leadspeach in an Innovation Event. Whitelisting token sales exclusive ven caps to enter seed , two private softcap events to start and end with a hardcap. MiCA Wallet Software wallet to be launched, Sign Tier 1 Agreements for Rnd, Sales and Marketing, Community Building of 100.000 User will take place.
- Q1 [2025]: Announce further TIER business partnerships , Beta Platform Launch Q-Market Technology with full Product portfolio, Listing IDO/IEO Top five tier 1 Exchanges.
- Q2-Q4 [2025]: Listing London Stockexchange. Additional productlaunches and ongoing exclusive RND activities.
- [2025-2030]: AI Chip launch and further expansion and community growth.
Team Execs
The CRYPTOQORN team consists of seasoned professionals with extensive experience in blockchain, deeptech and AI technology, software development, and business operations:
Johan Bergqvist Executive Chairman; Experienced executive, award-winning serial entrepreneur and former math and science teacher, VIS professor with an expansive international network. Operates under the strict governance model MBCG (Master of blockchain and corporate governance) and with the artist name UniQorn Strong due to his book titles.
Professor Denis Orlenok Industrial Design; International design award winning industrial design professor with Vilnius Academy of Arts & Kaunas University of Technology.
Dr Arnold Herp Chief Scientist; Experienced industrial leader and specialist in system solutions including software, electronics and mechanics, innovation management and industry 4.0 solutions.
William Forssberg Business Development; Results-driven, visionary international leader with expertise in strategic business planning and proven record of success driving business development.
Egle Sanches NFT and SmartNFT Project Executive; multiple awardwinner and creator of the drawing of the European Youth Capital.
Legal Disclaimer
The information contained in this Litepaper is for general informational purposes only.
Q-TOK is not intended to be a security, investment, or legal tender. Purchasers should consult their own financial, tax, legal, and regulatory advisors before participating in the token sale.
- This Litepaper does not constitute a prospectus or an offer of securities.
Participation in the Q-TOK token sale is not intended for residents of countries where participation may be restricted or prohibited.
Risk Factors
- Regulatory Risk: Future regulatory changes could impact the operation and use of the token.
- Market Risk: The value of the token may fluctuate based on market conditions.
- Operational Risk: The platform could face technical or security issues.
- Security Risk: While efforts will be made to ensure the security of the platform, users are responsible for securing their own wallets and private keys.
