White Paper
Working in progress.
will be updated soon.
Project:RealCanadianCrypto
RealCanadianCrypto: A Decentralised
Social Media Platform
Empowering Users Through
Blockchain Technology
Author: Dylan H.
RealCanadianCrypto (RCC)
Date: October,5th,2024
Executive Summary
Brief overview: RealCanadianCrypto is a decentralised social media platform that utilises blockchain technology to provide a secure, transparent, and user-controlled environment for social interaction and content sharing.
Key features: Three-tier page system (social app, crypto exchange, web wallet), NFT collection, and community-focused profit allocation.
Benefits: Enhanced data privacy, freedom of expression, fair compensation for content creators.
1. Introduction
Problem statement: Address the limitations of centralised social media platforms (data privacy, censorship, monetization challenges).
Thesis: RealCanadianCrypto offers a decentralised solution that addresses these issues.
2. The RealCanadianCrypto Vision
Mission: Empower users globally by providing a secure, transparent, and user-controlled environment for social interaction and content sharing.
Values: Privacy, transparency, community, and fairness.
3. Market Analysis
Market trends: Growing demand for decentralised and privacy-focused digital solutions.
Target audience: Individuals seeking alternatives to traditional social media platforms.
4. Technological Approach
Blockchain technology: Explain how blockchain technology will be utilized to ensure security, transparency, and decentralisation.
Cryptocurrency: Discuss the role of RealCanadianCrypto's native cryptocurrency in the platform's ecosystem.
5. Platform Features
Social app: Describe the features and functionalities of the main user interface.
Crypto exchange: Explain how users can trade RealCanadianCrypto and other cryptocurrencies.
Web wallet: Discuss the security and convenience of the web wallet.
NFT collection: Highlight the potential benefits of the NFT collection for users and the platform.
6. Tokenomics
Token distribution: Outline the initial token distribution and future plans for token issuance.
Token use cases: Explain how the token will be used within the RealCanadianCrypto
ecosystem.
7. Profit Allocations
Distribution: 75% of all profits will be allocated to community development and charitable initiatives. This includes funding giveaways, artist spotlights, community contests, and other activities that benefit the realcanadiancrypto community. The remaining 25% will be used for application development, advertising, and paying administrators and the CEO.
Rationale: This profit allocation reflects realcanadiancrypto's commitment to giving back to the community that has supported its growth. By dedicating the majority of profits to community initiatives, we aim to create a sustainable and rewarding platform for our users. Additionally, allocating a portion of profits to development and advertising ensures that the platform remains innovative and accessible to a wider audience.
8. Roadmap
Short-term goals: Gain community funding for RealCanadianCrypto adding nft projects along with donations will overall help give back to his community and create the RealCanadianCrypto application!
Long-term vision: Become the biggest decentralised social crypto network in Canada offering users the best experience and control of their assets
9. Conclusion
RealCanadianCrypto.