Author

Topic: BitLectric (Read 64 times)

newbie
Activity: 2
Merit: 0
August 08, 2021, 03:35:48 AM
#2
What we have done so far and what will we do in the upcoming weeks.



- BitLectric Tokens are created.

- Owner address Domain name set to: bitlectric.eth

- Team Address Created + sended 10.500.000BTL to Team address for future development and team bounty + Domain name set to: bitlectric-team.eth

- Charity Address Created + sended 5.250.000BTL to Charity address + Domain name set to: bitlectric-charity.eth

- BitLectric owner address Donated 125$ worth of Ethereum to Charity  address to send to future Charity,
BTC,LTC,ETH address set into the domain name || bitlectric-charity.eth || for donations. Donations will also be used to send in the future to charity's (all charity done by the charity address will be puliced on https://bitlectric.com



Website creation:

- Hompage (LandingPage) creation. just a few bugs left from launch.

- BitLectric E-commerce platform has big progress, Team is developping the e-commerce in PHP, - client login pages are already build, - vendor - seller pages are being developped. for the moment there will be already some products that can be bought in Belgium. soon will everybody be able to sell there legal products on our website, - sellers will be able to set a country where they want to sell there products (shipments need to be managed by seller.) , - all design already has been build, just a few details need to be confirmed. - payments: visa, bank transfer, maestro, paypal are already being added. - Cryptocurrency payment api will be installed soon.

- BitLectric Exchange Platform creation will follow after e-commerce is up and running.

- BitLectric NFT Platform will follow after all the above is up and running.

-BitLectric Crowdfunding Platform will follow after all the above is up and running.

-Mutch more will follow

Everything will be build IN ONE PLATFORM: the BitLectric Platform. on https://bitlectric.com


- soon BitLectric will make an announcement when first Trading will go live.
- 2 weeks after trading is live: Marketing will start.
- when Marketing starts, bitlectric will ask different exchanges to list BitLectric BTL Token also. after a stable period of trading more exchanges will follow.
- 3Months after the first Trading day BitLectric will ask Coinmarketcap for listing on coinmarketcap.

More will follow.
BitLectric.
newbie
Activity: 2
Merit: 0
August 08, 2021, 03:24:52 AM
#1
Whitepaper


BitLectric (BTL)

https://bitlectric.com   (Website is in test phase)

[email protected]

 

Introduction

BitLectric is a project to create the BitLectricPLATFORM with: exchange, e-commerce, crowdfunding and NFT marketplace. A new mineable coin with a proof-of-work algorithm will be created. A GPU minable coin that can be used as fee on the BitLectric platform to get lower rates when exchanging your cryptocurrency’s. BitLectric will provide an opportunity for countless new people around the world to sell there legal products for cryptocurrency and being able to exchange these cryptocurrency on the same platform for other cryptocurrency or fiat. People will also be able to buy cryptocurrency with there bank account - store them in the BitLectric Wallet or send them to your own wallets. At this moment we have created the BitLectric ERC20 Token to start building the projects.

BitLectric (BTL) Token is a token that need to be seen as an investment. BitLectric Team can sell from time to time some BTL Tokens to pay for development costs, price will increase after big progresses are made / when more people adopt the BitLectric Project.

#Spread out your investments in time and invest definitely not more then you can afford to lose#

 

 



 

Token Info

In order to support the current and future development of BitLectric, the BitLectric Team has created the BitLectric Token (BTL) created as an ERC20 on the Ethereum network.

 

Contract address: 0x7e0bbb7a89b51f8e7644a8f08d7a4dd79e32bbb0

Name: BitLectric

Symbol: BTL

Max Suply: 210.000.000

Decimals: 8

Creation Date: 2021-08-04

 

Owner Address is used for exchanges. bitlectric.eth Owner Address is:

0xc39c00640b13fb7a984f82fe2436271ecdb410ef

 

Team Account will hold 5% from total suply = 10.500.000 BTL Tokens =  for further development funds and Team Bounty's. Team Address is:  

0x49a85FA523e24205e07Cc08c9D0E88084EefeA1D
 

Charity Account wil hold 2,5%  from total suply = 5.250.000 BTL Tokens. Transfers from this account will also be made public and wil have a file on the website with all Charity. Charity  address is:

0xa52B0233430b48DdbDC09B138468Fd9072C7f7ce

 

 

All significant expenditures will be made fully transparent according to the best practices of similar open source.

 

• The majority of funds will be allocated as developer fees, which will be published in a paper on https://bitlectric.com/pages/funds

•  Transfers made with Charity address will be will be published in a paper on https://bitlectric.com/pages/charity

 

 



For now: Essential functions will be performed by half-time employees while others will be outsourced to third-party professional services. All of these expenditures will be made as transparent as possible without compromising operational security.

 

 

 

 



Financial Strategy

The 10.500.000 BTL Tokens funds will be splitted and spend as follow:

 

• 35% From 10.500.00 BTL Tokens

- BTL Startup expenses Bounties and app collaboration = 7%  

- Community development = 3%

- Initial reward for core team = 5%

- Yearly expenses = 20%

- Total 35%

 

• 65% From 10.500.000 BTL Tokens

 -Development 30%

- Ecosystem 20%

- Community/Marketing 15%

- Total 65%

 

 



Future development:

- E-commerce

- Crowdfunding platform

- Decentralized exchange

 

Operational and infrastructure costs:

- Servers

- Website

- Domain fee

- System administration

- Security and penetration testing by third-party

 

Future social action:

- Economic Development Fund

- Decentralized fiat-crypto brokerage network

- Blockchain Education Fund

- GPU Mining Infrastructure

- Developer bounties for user-friendly mining applications that can bring mining to a nontechnical, multi-lingual audience.

 

Future communication costs:

- Meetups and developer conferences

- Social media

- Design assets

- Press releases

Sources Whitepaper: https://bitlectric.com/pages/whitepaper
Jump to: