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White paper cryptorights
- 3. Abstract
Crypto Rights is a deflationary token that harnesses
the power of cryptocurrency market forces in order
to fund third-party legal processes to protect the
crypto environment. This may include the defense of
the integrity of crypto, which has been under attack
by governments around the world. We will also act
as a societal bastion to hold crooks in the market
that destroys the welfare of the average retail
market investors, accountable for their actions.
Since the creation of crypto, Governments have
failed to account for cryptocurrency users, instead,
have been mostly working against them. This has
been undoubtedly evident in various lawsuits by
regressive bankers that see crypto as endangering
their profession. This arrogant inconsideration is
what we aim to eliminate. Forging a legal path for
cryptocurrencies worldwide, through funding third
parties to engage in legal campaigns to eliminate the
corrupted control based on skepticism of
cryptocurrencies.
So far this document is highlighting an
offensive approach to the issue
presented. However, this is not just an
offensive project, we also aim to, in the
future, encourage third party
organizations to consult with firms,
governments, and people to learn how
they can incorporate cryptocurrencies in
their day to day business and lives,
providing both a short-term and long
term strategy.
The future, however, of this currency and
therefore of cryptocurrency as a whole, Is
and always have been, lying in the hands
of the people, and thus it is the decision
of every member of the crypto family,
as to whether they want to have changed
in this sector, or not.
The average 24h volume
traded over the whole crypto
market,
The average single
cryptocurrency users
estimated, worldwide.
$80B
$20
Millions
03
Copyright © Crypto Rights. All rights received
- 4. Introduction
04
Adding to the blatant manipulation of market forces,
governments also threaten to shut down facets of
cryptocurrency, and even the space as a whole, many
times in the past. Like many community members, we
believe that the desire exhibited by governments to
stop crypto in its tracks is born out of the selfish
principles of regressive bankers, but we also believe
that we can fix this.
We highlight two major problems that we believe the
crypto space is currently battling, and we have a
solution. Our token is founded on the principles of
forwarding the goals of our community to not only
provide a safer environment for retail investors but
also challenge governments over their, typically,
regressive handling of the cryptocurrency
infrastructure.
We have many solutions, but carry only one message:
we are proposing a legal solution to the violation of
the basic rights of retail investors,
by finally uniting every crypto community into one,
strong, legal force.
Large government institutions, firms, and
people are able to manipulate the market at
the expense of the average retail trader.
This manipulation goes against the effort
for investors to buy things cheap, displayed
by Warren Buffett who uses the analogy
that ‘I like buying quality merchandise when
it is marked down.’ The ability for people
with influence and/or power to do this
provides them the opportunity to have an
advantage over the retail investors, over
those who really founded cryptocurrency. In
a decentralized space where freedom and
equality of investment are the paramount
USP (unique selling point), large institutions,
governments and those with large influence
are failing this principle.
In a time where
cryptocurrencies are being
oppressed by governments and
regulators like never before.
It is time for the community
to unite into one legal force.
Copyright © Crypto Rights. All rights received
- 5. Our Values
We believe that every single person, wherever they live, should have the
right to live free, knowing that their legally acquired properties will never
be taken away from them. We also share sympathy with retail investors
who have lost significant amounts as a result of market manipulation and
we think justice should be made.
Integrity.
Trust is one of our most profound principles. We believe that confusion in
information can really hurt a project in the short and long term. It is by
being 100% transparent and clear about everything that projects earn
community member's trust. This is why logs of every dollar received,
transferred, redistributed and spent, will be added live directly on our
website for our community to see and keep track of.
Transparency.
Created by the community, for the community, it will also be run by the
community. Our voting system will ensure that once our community gets
considerable, our decisions will always be based on our holders' opinions
and values. Of course, for a holistic voting procedure, community
members must participate. Every member must be responsible for their
own voting behavior for the community to be fully represented.
Community.
05
Copyright © Crypto Rights. All rights received
- 6. Tokenomic
To fully be able to complete our objectives,
liquidity must be harnessed. This will be
accomplished through a 5% transaction fee on
every transaction made with the tokens in the
blockchain. Liquidity gained from this will be
used in the following ways:
Will be sent directly
to the transaction
recipient
Will go into different
wallets for furthering
our goals
5%
Fees for legal processes, when needed, are not
cheap, therefore 2% of the total transaction
will be added into a community liquidity pool.
This liquidity pool will be made fully
transparent and visible at all-time on our
website so that trust can be garnered. It will
also be up to the community to decide on what
projects to work on. Coins extracted from this
wallet will include those used for lawyer fees,
marketing, giveaways, burns, etc... Being a
deflationary token with no mint or pause
option means that each time tokens will get
burned, the other tokens in circulation will
increase in value.
In order to give back to the community, we
have created a system that rewards
holders. The redistribution of tokens
represents 2% of each transaction and the
amount each member receive is
proportional to the amount they hold. This
aims to support the community in holding,
encouraging token stability and long-term
growth.
The remaining 1% will be directly sent into
the token liquidity pool. This can, and has
in the past, proven to make tokens more
stable and sustainable for long-term
ventures.
Legal / Marketing
/ General Costs
Holder Rewards
Liquidity Pool
95%
06
Copyright © Crypto Rights. All rights received
- 7. Road Map
07
Q1 Q2 Q3
Creation of our social media
platforms, Tokenomic and
website
Building of our community and
launching of our marketing
strategy
Launching of our Initial Dex
Offering
( IDO ).
Reinforcement of our staff team.
Frequent AMAs.
Token released to the community.
( as up now, every token are held
into the company
wallet until the Token release
date)
Coin Gecko, Coinmarketcap,
and Coinhunt Listing.
Certik Audit.
Initial Stages of
creation
Exchange Listing,
Partnerships and
Diversification
Crowding for funds.
In-depth communication with
exchanges to ensure that they
can incorporate our Tokenomic.
Solidify partnerships with various
firms.
Locking of our Liquidity Pool .
Diversification and extension of
our services onto provision of
information that will help and
teach retail investors, hard to find
informations regarding the
market, its laws and regulations,
all around the world.
Application of our
Mission
By this time we want to be in a
position to be able to make a
difference.
We will have our first vote on
our first project.
Official Launch of the initial
stages of the project decided by
the community.
At this point in time, while
working and fighting for the
legal project voted by the
community, reinforcement in
our marketing strategy will
ensure support from the
community into our project all
the way to the end of the year
and beyond.
2022
This is where we need your help.
Interact with this community, suggest, exercise your right
to vote,
and you may become a large factor in deciding where this
project goes in the future.
Roadmap is subject to change.
Copyright © Crypto Rights. All rights received
- 8. 08
LEGAL DISCLAIMERS
Tax Compliance
The team members at Crypto Rights don't
guarantee compliance with countries across the
world. Investors, users, and consumers must
ensure that they comply with their own local laws
regarding regulations and taxations before a
purchase is made. We want to get to a point
where we will be a center of information for the
community regarding this matter, but we are not
there yet.
Risk of involvement
We are not a Security. Do your own due diligence
and talk with your financial advisor before making
financial decisions. By purchasing or exchanging
Crypto Rights Tokens, you are not buying security
nor an investment. You, therefore, agree to not
hold the team accountable or make any claim for;
any losses, reward, fees, taxation, or
service/activity from the team or any third party,
that you may incur. You also agree that the team
behind the token is presenting the token as-is and
is not required to provide any support or services.
The Crypto Rights Project Team is not the
operative of the Crypto Rights application.
Subsequently any mention, within the
documentation, is referring to the Crypto Rights
Project and community, not to the Project Team
members.
Limitation of Liability
The Crypto Rights entity and the Team
leading it, in no circumstance, other than
events stated by law, are liable for any kind
of damages or warranties regarding the
content or services proposed and provided.
This includes any loss of data, profits,
finance, wallet, any accomplishment of
statements regarding future actions, loss of
use caused by or coming from the use of the
Whitepaper, the information given by the
team, or any exchange used by the
community members to exchange tokens.
None of the information presented by the
team can be classed as financial, legal, or
business advice as we are not legal
representatives, nor are we a body that
practices law. We are simply presenting the
ideas of the project and justifying its
necessity.
Copyright © Crypto Rights. All rights received