DirtyCoin Whitepaper v1.0

Transcription

1 DirtyCoin Whitepaper v1.0 For the pleasure you deserve

2 TABLE OF CONTENTS TABLE OF CONTENTS... 2 INTRODUCTION... 3 VISION... 3 SECURITY... 4 PAYMENT METHODS... 4 ICO DETAILS... 5 THE TEAM

3 INTRODUCTION In an atmosphere of increasing belief in quick profits, currencies that rely on gimmicks for their success are then abandoned. DirtyCoin will be the first crypto currency used for the Adult Industry, the Escort Industry and for means of pleasure. It is the best industry specific cryptocurrency targeting the Adult Entertainment Industry and the Escort Industry. The developers chose the name DirtyCoin because it best fits our goal to be the currency of private, secure and fast transactions for all things related to it. For anyone who wants to use the coin and take advantage of its usability, it will be possible. The coin will be listed on different ERC-20 exchanges. For those who want to trade and hold the coin. We will post a list of all our partners who accept our coin as a payment option. And our partners will also have it as a payment option to buy their services. We believe in DirtyCoin's potential and are willing not only to build the infrastructure it requires for widespread adoption in the industry, but take the time to ensure product quality and security. VISION Our vision is to provide users with a safe, secure and anonymous way to buy all of our services and resources, this includes pornographic content, pleasure and escorts. We believe this can be achieved through the blockchain. With this ICO crowdfunding we believe this perfect world of adult industry can be achieved as soon as mid We want to achieve maximum comfort and safety for customers while using our services. Our coin represents the future of the Adult Industry and the Escort Industry. And we guarantee the best pleasure and fun you ll have in your life. Statistics show that the Adult entertainment Industry has an annual global turnover of 100 billion dollars, with around internet users viewing adult material every second, which are essentially digital goods. Another estimated 50 billion dollars in the escort business. Due to slow and public transactions with traditional payment systems the industry has struggled to bloom and thrive. With this futuristic business model the industry can grow and not worry about the set-backs in security and private information, all of this has been so successful in other online entertainment industries such as gaming and music and in some cases credited with reviving them. The crypto transactional business model is also more attractive to the consumer as they are no longer fettered by time constraints imposed by the subscription business model, and can pay for only the content they want, when they want. The micro transactional business model can be adopted in addition to the existing subscription model. As such it presents to the provider a low risk way of accepting additional payments, and increasing their customer base. 3

4 SECURITY The Adult Industry has struggled with traditional payment methods. The use of credit cards has left the industry open to friendly fraud whereby customers charge back payments and unfriendly fraud where stolen credit card details are used as payment to check their validity. With banks charging fees to the content provider when this occurs, the Adult Industry is essentially high risk and has had difficulty with banks refusing to help them in their commerce. Providers of adult material have unsuccessfully searched for alternative payment systems. We are using the best features of the blockchain. Anonymous payments. The first major problem is that every transaction is publicly logged. Anyone can see the flow of Bitcoins from address to address. Alone, this information can't identify anyone because the addresses are just random numbers. However, if any of the addresses in a transactions can be tied to an actual identity, it might be possible to work from that point and guess who may own all of the other addresses. DirtyCoin(DTC) uses a technology where all the users data is decentralized and is completely anonymous. That s why DTC will gain wide spread adoption for digital goods in the Adult Industry aswell as the Escort Industry because it provides a safe, private and fast payment option. Another security feature that we take with the upmost responsibility is keeping our customers location a secret and tailored to everyones needs. That s why we suggest to everyone to have their meetups with our women outside their home town. The meet up points would be executed to each individual clients wishes and desires. This can all be achieved through the blockchain for maximum security. PAYMENT METHODS The most important thing to us is to make the client happy. DirtyCoin will gain wide spread adoption for digital goods in the adult industry and Escort Industry because DTC provides a safe, private payment method. The adult industry has struggled with traditional payment methods. The use of credit cards has left the industry open to friendly fraud whereby customers charge back payments and unfriendly fraud whereby stolen credit card details are used as payment to check their validity. With banks charging fees to the content provider when this occurs, the Adult Industry is essentially high risk and has had difficulty with banks refusing to help them in their commerce. Unlike Paypal which charges 2.9% + $0.30 per paid request to receive money from customers. DirtyCoin has substantualy lower fees with only 0.1 DTC for each transaction. With this we assure that our customers get the most bang for their buck. DirtyCoin is aiming to be a replacement for the current payment processing system. With this you can avoid the unfair fees and discrimination faced when dealing with tradition models and institutions. 4

5 ICO DETAILS Technical Specifications: -Formal Name: DirtyCoin -Symbol: DTC -Decimals: 18 -Initial Supply: 100,000,000 DTC DTC coin ICO price: ETH per DTC coin. For easier understanding, this equates to 0.15 ETH per 1000 DTC coins. ICO will end either when 50,000,000 DTC coins are distributed or when its is the 25 th of December 00:00 whichever comes first. We will deploy a smart contract that has a hard cap of 100,000,000 DTC tokens and post the address on our official website, Funds distribution: -40% will be used for our establashing base connections with service providers. -10% for legal actions. -10% will be used for exchange fees. -30% will be used for external developer funds. -10% will be retained by employees for operational costs. Supply distribution: -70,000,000 DTC coins will be sold during the initial sale period. All coins left over from the initial sale will be burned. Sale Period Presale begins November 15 th 00:00 UTC and ends December 15 th 00:00 UTC. -10,000,000 DTC coins will be distributed as bounties. You will earn 100 DTC if you have more then 500 followers on Twitter and you retweet or write a new post about our coin. If you post a blog on a blog page and are a senior member you get 200 DTC. If you have more then 300 friends on Facebook and you share/write a post about us you get rewarded 100 DTC. You can apply for all threee methods max 5 times per week. -20,000,000 DTC coins will be held by the development team. 5

6 THE TEAM While this is a massive vision, DirtyCoin has an experienced and enthusiastic team who are ready to make this vision a reality. We are determined to make DirtyCoin the future of the Adult Industry. Phillip Cole (CEO & Co-Founder) Serial entrepreneur with over 14 years of experience. He was an early adopter of Bitcoin and invested in multiple altcoin mining operations. Phillip has written specialized software and proprietary algorithms to run successful multimillion dollar ad campaigns and manage remote teams based in London. David Marx (Co-Founder) David graduated from The School of Engineering and Applied Science on the Princeton University. He has spent his entire career in the credit industry, beginning with J.P. Morgan s research sector in New York. David is a strong believer in decentralization and transparency. Tim Stone (CTO) Tim is actively involved in the development of Blockchain technologies. His research interest covers cryptocurrency trading, BigData and Security Systems. Sam Richards (Ethereum developer) Started with blockchain in 2016, testing different capabilities for public and private blockchains such as Ethereum. He spends his spare time reading into security in smart contracts. Before blockchain, he was an Android developer for several big projects. His specialties are Blockchain, Desiign, team leading, Android development, Samsung, JAVA, Django and Web standards. Emma Poposka (Communications Director) She is PR Consultant at online startups for the past 8 years. Jessy is also an entrepreneur and won several awards including Startup Estonia. She studied Communications and PR at The University of Sheffield. Jesús Alberto Martinez (COO) Jesus is a long-term bitcoin supporter and has been involved with the bitcoin community for more than 7 years. Jesus has a 11+ years history in building e-commerce businesses and successfully managed the development work of multiple payment systems. He is Founder of EnviaFlores.com. 6