69Coin Whitepaper
Abstract:
​
69coin is a community driven, deflationary, ERC20 meme token striving to bring the wonders of 6 and 9 to the world. At its inception, 696,696,696,696 a maximum supply of 69Coins were minted. In order to achieve deflation, NFTs will be consistently minted and auctioned, and the initial proceeds will be sent to a burn wallet, constantly decreasing the total supply of 69coin.
A community-driven approach will be achieved by maintaining an active discord in which people can vote on polls to help determine decisions in the 69coin ecosystem.
69coin Day is June 9th, and 69coin Day2 is on September 6th. With June 9th, 2021 fast approaching, we hope to establish a vibrant 69coin community and longevity in our NFT base!
Tokenomics:
​
Origin: At its inception, 696,969,696,969 69coins were minted. This is the maximum total supply. The current supply of 69coin is still 696,969,696,969 69coins.
​
Deflationary NFTs: In order to achieve deflation, rather than a 1% burn tax on all buyers and sellers, we seek to incorporate the power of NFTs. The idea is to regularly mint NFTs to be sold at auction, with the top bidder being awarded the NFT, and the initial proceeds being sent to a burn address.
​
Liquidity Promotion with NFTs: With the goal to ensure maximal liquidity on the 69coin/ETH Uniswap pair, we seek to encourage liquidity staking also using the power of NFTs. Specifically, a specialized group of NFTs can be regularly minted and auctioned only to those who stake in the 69coin/ETH Uniswap. Raw 69coin token rewards may also be awarded to stakers based on a certain threshold of liquidity staked.
​
Current Hodlers: All of the information regarding wallets of current holders, as well as wallets affiliated with 69coin/ETH uniswap liquidity are available at the token contract on Etherscan (link in “Links and Resources” below)
Roadmap:
69coin Day (June 9th): There is a lot of time ahead before June 9th, and as a 69coin community we seek to help fully form and expand our reach in anticipation of 69coin Day.
NFTs: One critical goal will be to implement the latter aspirations described in the “Tokenomics” section above, notably “Deflationary NFTs” and “Liquidity Promotion with NFTs”. In order to ensure we have a sufficiently sized community to offer these NFTs, NFTs will likely begin to be issued once we have welcomed 207 (3*69) 69coin hodlers.
Discord: We will soon launch our discord, where members of the community can discuss 69coin, ideas they have for the project, and ideally vote on polls for decisions regarding 69coin.
TikTok: We hope to launch an ad campaign on TikTok in order to recruit members in the crypto space into 69coin.
App: A simple 69coin app is in development that would initially serve as an analog for our website (link in “Links and Resources” below). The app would serve as a hub for links to the 69coin etherscan, uniswap, website, email, and our socials.
Special Holidays:
69coin Day: June 9th
69coin Day2, Electric Boogaloo: September 6th
Links and Resources:
Official Website: https://www.69coin.finance/
​
Uniswap pair: https://v2.info.uniswap.org/pair/0x54ba5971473723d3cfd1ed84c7896511808dc03f
​
Etherscan: https://etherscan.io/token/0xab387be54789958d2d35d8ee2cfd50a03880408d
​
Email address: 69coinfinance@gmail.com
​
Twitter: https://twitter.com/69coinfinance
​
Reddit: https://www.reddit.com/r/69Coin/
​
Discord: https://discord.gg/JrKyZ3cr
​
TikTok: https://www.tiktok.com/@69coin
Disclaimers:
Self-Assessment of Sophisticated Purchaser: 69coin tokens should be undertaken only by individuals, entities, or companies that have significant experience with, and understanding of, the usage and intricacies of cryptographic tokens, like Ethereum (“ETH”), and block-chain based software systems. Purchasers should have functional understanding of storage and transmission mechanisms associated with other cryptographic tokens. Further purchasers will undertake self-assessment on their knowledge and understanding of financial contracts, smart contracts and financial derivatives. Only individuals, entities, or companies that understand fully the functionalities, capacities and constraints of the 69coin token should proceed and purchase it.
​
Price Volatility Disclaimer: 69coin tokens do not represent any formal or legally binding investment. Cryptographic tokens that possess value in public markets, such as ETH, have demonstrated extreme fluctuations in price over short periods of time on a regular basis. Purchasers should be prepared to expect similar fluctuations. Such fluctuations are the result of supply and demand forces experienced by token users. By purchasing 69coin tokens, users expressly acknowledge and represent that they fully understand that the token may experience volatility in pricing and will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of 69coin token.
​
Liability Disclaimer: Purchasing 69coin tokens entails a number of risks concerning its valuation, safekeeping and continuous access to technical infrastructure (access to Internet, online exchange account, etc.). Users expressly acknowledge and represent that they fully understand that the token may experience volatility in pricing, liquidity, technical access, data breaches and will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of 69coin token. As such the issuer will not be held liable for any damages that may arise from any lawful actions it undertakes. The lawful actions will be determined based on the legislation in force of the jurisdiction of the issuers corporate registration.
​
Taxation Disclaimer: When purchasing 69coin tokens users acknowledge that they fully understand that they are solely responsible for any tax reporting and payment, levies or similar dues to tax authorities of their respective jurisdiction. Users will not seek to hold the issuer liable for any losses or any special, incidental, or consequential damages arising from, or in any way connected to, the purchase of 69coin tokens as far as taxation issues are concerned. Users acknowledge that they fully understand that the details of their dealings, accounts and trading history information may be shared with the tax and law enforcement authorities that request them via legal and legitimate means in connection to a criminal activity.
​
Disclaimer on Costs of Money Transfer: All costs of money, currencies, crypto assets or others transfers of value are payable by the user.