Whitepaper

Whitepaper: Draco Toads - A Crypto Token

Abstract: Draco Toads is a community cryptocurrency token designed to develop the Draco Toad Verse. This whitepaper outlines the key features, tokenomics, and phases of Draco Toads, with a focus on transparency and the empowerment of its community.

1. Introduction: Draco Toads is a crypto token built on the blockchain, aiming to create a vibrant and sustainable ecosystem. This token is developed with the vision of fostering long-term engagement among holders and providing them with the power to influence the project's direction.

2. Tokenomics:

  • Total Supply: The total supply of Draco Toads is set at 420.69 billion tokens.
  • Founder Reserve: A 20% reserve is allocated for the founders, which will not be immediately tradable to ensure the project's sustainability.
  • Community Incentive: 15% will be reserved for Community Programs to grow the Eco-System
  • Marketing Incentive:15% will be reserved for future Marketing Campaigns.
  • Circulating Supply: 50% of the tokens are directly tradable and form the initial circulating supply.

3. Phases: Draco Toads is divided into two main phases:

Phase 1 (3 months): During the first phase, which begins upon the token's launch, the following features apply:

  • Setting up of Liquidity Pool
  • Setting up of Market
  • Integrating the trading experience on Raydium and Jupiter

Phase 2 (6 months): Phase 2 introduces key changes to Draco Toads:

  • Contract Renouncement: The contract will be renounced to increase transparency and eliminate central control.

Phase 3 (beyond)

If the following Milestones are reached the following will commence:

If the $DTC Token will rise to a Marketcap of 2.500.000 US$ the Draco Toads NFT Collection with 10000 Draco Toads will be started to developed. It will consist of 2500 Forrest Draco Toads, 2500 Ice Draco Toads, 2500 Fire Draco Toads and 2500 Swamp Draco Toads - all Draco Toads will be in the Stage 1 ( Egg Phase ).

The NFT´s will be raffled out between all holders via an On-Chain Contract.

 

If the $DTC Token will rise to a Marketcap of 10.000.000$ the Draco Toads NFT Battle Game with NFT  Upgrade Options will be put in development. It consist of a browser game with the option to battle your Draco Toad against each other. 

 

 

4. Community Empowerment: Draco Toads is committed to community-driven decision-making. Holders will have the ability to shape the future of the project through the governance function, ensuring a decentralized and collaborative ecosystem.

5. Conclusion: Draco Toads is a community token with no intention to gain financial surplus for its holders or its team, but if there is a future gain the community will benefit from it as a whole.

Disclaimer: Investing in cryptocurrencies involves risk, and the value of Draco Toads may fluctuate. This whitepaper is for informational purposes only and should not be considered financial advice. Please conduct your own research and consult with a financial advisor before investing in cryptocurrencies.

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Disclaimer** The content on this website is for informational purposes only and does not constitute financial, investment, or other professional advice. Investing in cryptocurrencies carries inherent risks, and you should perform your own research before making any decisions. DracoToad and the Token and its team members are not responsible for any losses or damages that may occur as a result of using the information provided on this website.

 

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