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CONTENT

CONTENT

The aims of the project

The aims of the project

An Idea & Vision

To erect monuments to a great man – Satoshi Nakamoto. To install the biggest monument in the city, named in honor of Satoshi Nakamoto - Satoshi Nakamoto City. To found the city on island where will be founded the first Virtual Decentralized Blockchain Republic (VDBR).

To implement these ideas, we are going to raise funds through the ICO. Satoshi Tokens will be issued during the ICO.

Aims we want to achieve

  • To erect real and virtual monuments in different parts of the world
  • To purchase an island, to found Satoshi Nakamoto City there and declare it the center of Virtual Decentralized Blockchain Republic (VDBR) “Satoshi Republic”
  • To found Virtual Decentralized Blockchain Republic (VDBR). To develop software solution for managing the Republic with blockchain technologies.
  • To create a model of the virtual government, which will form the basis for the management of other states
  • To build the network for the discussions of the Republic's events.
  • To raise funds for the implementation of these ideas during the ICO

Mission

Imagine, that the monument to Satoshi Nakamoto can be installed in your city. You have the right to become the citizen or even the Ambassador of the first Virtual Decentralized Blockchain Republic (VDBR), with absolutely new model of governance, where all citizens have the right to vote, and this right is fixed on blockchain, excluding the possibility of falsification. You can obtain the citizenship, and get the right to attend an Island and get together with other members of the community in the freest Republic of the world. Also you’ll have the right to become an Ambassador and represent the interests of the Republic in your native town, to popularize Republic to the community, - and get a significant status of Ambassador and get the reward. You'll get the right to become the owner of the token, which will have an official circulation on the island and in all crypto-embassies around the world.
Don’t miss a chance to invest in a really significant project of the crypto-industry development.

Social value

The foundation of the Republic and building of monuments will evoke the wave of interest from the public. Such a resonant event could be a trigger to change the macroeconomic model and cause the decentralization of the modern society. The new virtual republic will gain the status of the real democracy with an absolutely transparent democratic control system based on the blockchain.
Such a decisions might be:

  • Finances: budget management
  • Suffrage: The elections of Members to the Congress
  • Voting: Adoption of the decisions of the Congress
  • Petitioning: Any citizen has the right to put forward a proposal on the official website of the Republic
  • Asset Management: all the real estate of the Republic, will be officially sold for Satoshi Tokens through the website and any person will be able to buy or sell any property or assets of the state. All this process will be realized and recorded in the republic's register and implemented with blockchain technologies.

Decision

Decision

The monuments installation

  • The monuments will be installed in each city that has raised enough funds.
    • For the virtual monument - 1 BTC
    • For the real monument - 10 BTC
  • The cost of each monument is calculated by each city individually
  • Distribution of funds raised during the ICO:
    • Real monument
      • 40% - erection of the monument
      • 10% - operational expenses (celebrations, conferences)
      • 50% - Republic’s budget
    • Virtual monument
      • 50% - purchase of the virtual monument’s prototype and celebrations
      • 50% - Republic’s budget
  • An Ambassador is responsible for the construction
  • An Ambassador reports to the Citizens about the money spent
  • Architecture design is chosen by each city individually
  • The decision about the required documents for the money transferring to the Ambassador’s account will be taken by the Council Founders.
  • The symbol of the Republic on the monument is obligatory

The system of governance of the Republic will be founded on the Blockchain technology. Blockchain Ethereum will be used for the voting system realization, as well as for elections & notary functions of the society.

The Republic

The Virtual Decentralized Blockchain Republic foundation (VDBR)

The program software development

On raised funds we will develop the software solution with the next functional opportunities:

  • The system of voting on the Blockchain
    • All the citizens will have the right to vote and could vote for the bills of the Republic
    • Elections to the Congress
    • The system of the voting in Congress
  • Buying/selling of the assets of the Republic
    • Real estate
    • Posts
    • Services
  • Budget of the republic
    • Statistics & Analytics - all the information is clear and available for the сitizens.
  • The cabinet of the Ambassador
    • The right to issue ID passports for the citizens of the Republic
    • The right to issue visas
    • The right to lease virtual advertising platforms nearby the monument
    • The right to participate in elections to the Congress
  • Cabinet of the citizen of the Republic
    • The right to submit petitions
    • The right to take part in elections
    • The right to buy/sell the assets of the Republic
    • The right to buy/exchange tokens
    • The right to obtain the post
    • The right to work & obtaining the reward
  • Network for discussing events of the Republic.

Rights of the citizens

All citizens have the right to:

  • Attend the Republic
  • Sell/buy assets of the Republic
  • Each citizen has the right to put forward a proposal on the official website of the Republic. If the idea will get enough voices (not less than 1000) of the citizens it will be submitted to the Parliament for reviewing
  • Vote on referendums and other public decisions put forward by the Congress of the Republic.
  • Offer the imposition of VETO - if it is supported by at least 1,000 votes of other citizens of the republic

The citizens could get the official statuses of:

  • The technical specialist of the implementation of the Republic’s model - the opportunity to help other countries in the implementation.
  • The specialist of building the blockchain models (judicial sphere, legal, insurance sphere, management, tax model)
  • State Infrastructure Development Specialists

Rights and reward of Ambassadors

While presenting the interests of the Republic, Ambassador gets profit margin in the next volume:

  • While Ambassador involves backer during the pre-ico campaign he gets 10% benefit of the amount of tokens that backer’s got
  • At the end of ICO campaign Ambassador gets the proportional part of tokens, equal to 5%, as a bounty for Ambassadors. Proportion is calculated as the part of the city’s raise funds to the total amount of funds collected.
  • Ambassador gets 10% profit of issued passports of the Republic.
  • Ambassadors of the crypto-republic of the city will have the right to:
    • Introduce the interests of the Republic in the city an Ambassador represents
    • Lead fundraising campaign
    • Supervise the process of building and grand opening of the monument
    • Get the Founder status (14 Ambassadors only)
    • Become a member of the Founding Council (14 Ambassadors only)
    • Found the Embassy in the city that they represent and issue citizenship
    • Receive a part of the profit of representative functions
    • Take a leading position in the administrative authorities and take part in the elections to the Congress

Managing of the Republic

Who will manage?

Roles in the community

  • Citizens
  • Ambassadors
  • Founders
  • Congressmen
  • Members of the government
  • Premier
  • Honorary President

Authorization

  • Citizens
    • Voted on all laws that Congress submits for consideration
    • Voted for all initiatives that have won more than 1000 votes (in other case the question goes to the Congress/Government)
  • Ambassadors
    • An Ambassador of the Crypto-Republic of the city will be able to:
      • Introduce the interests of the Republic in the city he represents
      • Lead fundraising campaign
      • Supervise the process of building and grand opening of the monument
      • Get Founder status (14 Ambassadors only)
      • Become a member of the Founding Council (14 Ambassadors only)
      • Found the embassy in the city that he represents and issue citizenship
      • Receive a part of the profit of representative functions
      • Take a leading position in the administrative authorities and take part in the elections to the Congress
      • Prolongation of the Status
        • Procedures for the Status extending will be determined by the Government and approved by the Citizens.
  • Founders
    • Form the Founders' Council
    • The Founders' Council forms the principles of governing of the Republic
    • The Founders' Council governs the election of the First Government
    • After this, the Founders' Council loses its authority
  • Congress
    • The principles of the authority of the Congress will be formed by the Founding Council
    • Is formed of 1 representative from each country hypothetically up to 180 Congressmen
    • Passes laws in the first reading
    • Submits to community approval
  • Cabinet of Ministers
    • Solves issues of operating activities
    • Prepares a bill for the approval of Congress and citizens
  • Premier
    • Representative functions
  • Honorary President
    • Satoshi Nakamoto
  • Judicial Power
    • Principles of operation will be formed by the Founding Council or the Government and approved by the Citizens
  • Regulation
    • Is formed by the First Government or the Council of Founders
    • Approved by citizens

Assets of the Republic

  • Money
    • At the stage of pre-ICO, the first founders will manage the finances – 2 keys.
    • At the stage of foundation of the Republic (after the ICO until the formation of the first Government, the Founder Council disposes of the finances (7 of 14 signatures)
    • At the stage of governance of the Republic, the Government, which was formed in the election process, administers finances.
  • An island
    • At the moment we are helding negotiations of 10 variants - will be chosen by voting 8 of 14 Ambassadors
  • The Real estate
    • The Land belongs to the Republic
    • The Land can be rented for the long-term period for the construction of hotels, shopping and business centers. Through open auctions only.
    • The individuals can own real estate
  • Investitions
    • Are not prohibited if the community votes for

Budget of the Republic

is formed of:

  • Initial fees during ICO
  • Issue of citizenship 100 ST
  • Sale of Ambassador’s position
  • Real estate and land lease
  • Licensing of the Republic's management system
  • Sale of virtual advertising spaces alongside a built monuments

Purchasing of an island

  • We choose 10 variants in advance so that we can visualize.
  • We can buy not only these variants.
  • The budget of purchase
    • 40% of raised funds – For buying an island and creating the infrastructure (hotels, shops, business center)
    • 10% - for operating expenses

The road map

  • The development of the concept
  • Preparation of the materials for the Ambassadors
  • Involvement of the first Ambassadors
  • Forming the Board of Founders
  • Preparation for the ICO-campaign
  • ICO campaign
  • Satoshi Tokens Emission
  • Statuses
  • Purchase of an island
  • Erection of the monument
  • The development of the government system of the Republic
  • First elections
  • Forming the Government
15 SEPTEMBER 2018 PRE-ICO
15 DECEMBER 2018 Formation of the Board of Founders
1 JANUARY 2019 Preparing for an ICO campaign
1 JULY 2019 Assignment of status
1 MARCH 2019 The issue of Satoshi Tokens
1 FEBRUARY 2019 ICO
1 AUGUST 2019 Buying island
1 SEPTEMBER 2019 Installation of the monuments
1 DECEMBER 2019 Development of a government system of the Republic
1 APRIL 2020 Permitted free entry for citizens of the republic
1 MARCH 2020 Formation of the Government
1 FEBRUARY 2020 First elections

ICO

ICO

Pre-ICO кампания

Involvement of the Ambassadors

Starting campaign for involving the first Ambassadors who will lead the Pre-ICO campaign

Pre-ICO campaign

  • Raising 100 BTC
  • Is conducted by Ambassadors in different countries all over the world
  • Raised money will be spend for the ICO campaign
  • The first founders will manage the finances

Forming the Board of Founders

  • After the fund-raising is completed at the pre-ico stage, the Founders' Councilе will be formed
  • Consists of:
    • 2 First Founders of the Project
    • 12 Ambassadors, who had raised more funds in their country during the pre-ico campaign. Such persons become the co-founders of the Republic.
    • From one country only one Ambassador is elected to the Council.
  • Authorities
    • Managing of the wallet after the end of ico and before the formation of the Government. 8 of the 14 signatures will be required to send funds.
    • After the formation of the Government, the Council loses its authority.
    • Budget formation and approval.
    • Putting questions to the vote of Citize
    • Operational issues
    • Organisation process of elections to the Congress
    • Purchasing an island and building

Preparation for the ICO campaign

Preparation for the ICO campaign

  • The renewal of all media-materials:
    • Website
    • Videos
    • Presentations
  • Launching of the fund raising for the retail backers
  • Conducting the road shows in 20 cities around the world, with the highest activities of the ambassadors
  • Hiring the stuff for the cooperation and support

Tokens fee

  • Soft cap
    • For the virtual monument in the town - 1 BTC
    • For the real monument in the city - 10 BTC
    • 100 BTC – Virtual Republic
    • 1000 BTC - Satoshi Nakаmoto City on Island
  • Middle cap:
    • 1000 BTC - Satoshi Nakаmoto City on Island
  • Hard cap – is absent (since not all cities will be able to collect enough funds for the construction of monuments)

Statuses of the Pre-ICO & ICO campaigns

  • Ambassador - the first person, who revealed a desire to become an Ambassador and had invested 1 BTC for the construction of a monument in the city he represents.
  • Founders – the first 12 Ambassadors & 2 Founders, who had supported the Project. The quotas are distributed as follows:
    • Western Europe - 2 co-founders
    • Eastern Europe - 2
    • Northern America - 2
    • Southern America -2
    • Africa - 2
    • Asia - 3
    • Australia and New Zealand - 1
  • Congressman – the first Ambassador of the country, who joined to the construction of the Republic. Terms on the occupied position – for the 1 year or till the first elections to the Congress.
  • Crypto-Angel of the City – the first backer who had invested more than 1 BTC for the building of the monument in his city. This information is represented on the landing page.
  • Crypto-Angel of the Republic (or Satoshi) – the first 10 investors, who had invested more than 10 BTC for the Republic’s formation
  • Me Satoshi – backer, who had invested more than 10,000 BTC

Satoshi Tokens emission

  • The token division
    • Total issue will be known after the end of the campaign
    • Pre-ICO issue: 10m of tokens at a price of 0.00001 BTC
    • ICO issue: Unlimited for the price of 0.0001 BTC
    • Additional emission to the Team:10% of the total issue after the end of the campaign
    • Ambassadors:5% of the total issue after the end of the campaignе
    • Key partners:5% of the total issue after the end of the campaignе
  • Where and How will they apply?
    • Free secondary circulation on exchanges
  • With what will be provided with?
    • An island and the real estate, which will be built on an Island
  • ICO 70%
  • Team members 10%
  • Pre - ICO 10%
  • Ambassadors 5%
  • Key partners 5%

The token economy

THE TOKEN ECONOMY

The token economy

  • What will the cost depend on?
    • The cost will depend on the quantity of persons who want to get the citizenship. The more will be willing, the more tokens will burn in the process of purchasing the citizenship, while tokens incoming to the Republic’s account
    • The burning during the citizenship issue is the next:
      • First year: 50%
      • Second year: 25%
      • Starting from the third year: 10%
      • Further: 1%
    • For the first year non-burned tokens will be kept on the accounts of the Republic before the budget adoption
50%
25%
10%
1%
50%
25%
10%
1%
The first monument to
Satoshi Nakamoto
will be erected in Kyiv