Nali Nft Art Life Innovation - Green Paper V 2.0 November 2021
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Table of Contents 1. NATURE TODAY p.2 2. NALI, THE GREEN TOKEN p.3 3. MAN DESTROYING NATURE p.8 4. NATURE FIGHTS BACK p.9 5. NFT CERTIFICATES AND DONATIONS p.13 6. OUR ROAD MAP p.15 7. TOKENOMICS p.17 8. RANDOM EXTRACTORS p.21 9. AIRDROP, BURN, BUYBACK INCENTIVE p.24 10. ARTISTIC NFTS p.30 11. THE GREEN HANDS OF NALI p.31 12. MARKETING PLAN p.32 13. SWOT ANALYSIS p.33 14. TOKEN QUICK FACTS p.36 15. FREQUENTLY ASKED QUESTIONS (FAQ) p.38 16. RISKS AND DISCLAIMERS p.42 17. NATURE: BACK TO THE FUTURE p.43 pag.1
1. Nature TODAY “The next world war will not be against men but nature, and we will lose.” FABRIZIO CARAMAGNA Our house is burning while we look the other way... Nature, mutilated and over-exploited, can no longer regenerate, and we refuse to admit it... the Earth and mankind are in danger, and we are all responsible.” JACQUES CHIRAC “If solutions within this system are so impos- sible to find then maybe we should change the system itself.” GRETA THUNBERG pag.2
2. Nali, THE GREEN TOKEN We decided to define the NALI White Paper as GREEN PAPER because our project focuses on improving the environ- ment. Our final product and donations are the tools to achieve these goals. We know that to be successful we need to make the token attractive for the community in the short, medium and long term. This will help achieve our goal of adoption of NFT CERTIFICATES by “green companies” for the purpose of improving eco-sustainability processes, as well as developing interesting volumes of donations. We are introducing a series of innovations for the community and many of these will appear truly surprising and will upset the approach and vision that you have held towards all previous projects to date. By continuing to read the Green Paper you will be able to learn more about every fantastic mechanism we have desi- gned to make the token attractive and functional for the community, take your time and imagine the success of NALI, meanwhile here are some preview points that will intrigue and keep you interested like never before: - CERTIFICATION THROUGH NFT: for NALI, NFTs are not just art, but a very important tool that will change the way companies, which function in the real economy, present themselves to all parties they interact with, whether they are suppliers, competitors and customers. NALI has implemented NFTs for them as a quality certification tool not only for the supply chain but also for all the legal and competitive actions and obligations they have taken and implemented to qualify as a “GREEN COMPANY”. (Chapters 5, 13 and 15) - USER FRIENDLY NFT PLATFORM AND MARKETPLACE : The essence of the NALI ecosystem will be in a NFT pla- tform and marketplace where it will also be possible to mint NFT CERTIFICATES. The team is in contact with multiple market players characterized by a high degree of innovation, and we are giving life to partnerships that will allow, through the sharing of ideas and energies, to always respond to market demands. These will provide innovative solu- tions, thus raising the level of success. The NFT platform and marketplace will have a USER FRIENDLY interface that will make the digital experience easy to use and rewarding. A percentage of profits, which will be decided based on future developments of the roadmap, will derive from the commissions paid in NALI to the platform for the minting of NFT CERTIFICATES, trading and minting of artistic NFTs. These profits will be used within the mechanism of buyback & burn incentive to burn further supply. The NALI NFT platform will allow the subdivision and assignment in a clear, certain, automatic and immutable way dividing the royalties between the author of the work and the creator of the NFT if the entities involved are different. Each of the above choices will be made in the exclusive interest of the project and the community. The NFT platform and marketplace will implement numerous other unique features, which we present in the following FOCUS paragraph. (See more in the Chapters 13 and 15) - FOCUS ON NALI’S PLATFORM AND NFT MARKETPLACE: We have conducted numerous surveys to groups of digi- tal artists and submitted detailed questionnaires to them in order to understand their needs and propose solutions to needs not met by already existing platforms and marketplaces. Particular attention will be placed on the development of USER EXPERIENCE (UX) and USER INTERFACE (UI). The user who accesses the platform and the marketplace will feel at ease with its internal navigation and interfaces, im- mediately finding useful information with a high degree of intuitiveness to achieve his desired action. Through the commitment made to ensure a UX and a UI of the highest level, the user will be accompanied on his personal emotional journey, seeking gratification while carrying out his action. He will not have to waste time learning how to use the interfaces and navigation within the site and will be able to direct his attention to his final goals, whether it’s in the minting of an NFT, its sale or any other activity. pag.3
2. Nali, THE GREEN TOKEN This characteristic proved to be essential and transversal in all the subjects interviewed and with whom NALI has been in contact up to now. - NFT CREATION PLATFORM Registering on the platform and connecting the wallet, will grant access to a personal area where the created NFTs with their descriptions will be hosted. The created NFTs will be able to: - be transferred to a different wallet; - be listed on the NALI marketplace; - be listed on another marketplace chosen by the creator; - be burned. The formats that will be supported by the platform will be: bmp - gif - jpeg - png - svg - tiff - webp - mp4 - ogv - quicktime - webm - glb - mp3 - oga - wav - xwav - flac - pdf - html - zip archive - md - tar - gz - bz2. Further formats will subsequently be implemented following technological advancements and the demand from the market. Each category of digital artist, be they illustrators, sculptors, painters, writers, poets, journalists, developers, digital graphic designers, musicians and above all those using augmented reality and the metaverse, has different needs ba- sed on the formats that are supported by the platform they use for their creations. One of the major topics discussed by those who enter the world of NFTs concerns intellectual property: All those who revolve around the world of art feel the need to legally protect their rights. To date, no NFT platform and marketplace provides this possibility with the consequence of leaving each party with unclear rights and duties. NALI will provide all online contracts in order to legally recognize, regulate and protect the positions of each contractual party. During the creation phase of the NFT, it will be possible to identify and if necessary, separate the author of the work and the creator of the NFT, guaranteeing a possible separate distribution of the royalty. The transactions that mark the transfer of ownership of the NFT will be tracked. In case of creation of work as contribution of several artists, the proceeds and royalties will be contractually separated between the parties. The contractual documents will also define the possible use of the artwork and the different modal and temporal use methods. In photography there are already limitations sanctioned by copyright or by the contract between author and user. The- se are written and not protected by computer systems, even if it could be possible to find a digital solution for these as well. Surely NALI will look carefully at technological innovation and will implement the IPFS protocol for the storage of artwork with the further possibility of not transferring the ownership of the NFT, but granting it for “rent” for a limited use of time. An example of use is the ‘’display of artwork” in exhibitions and museums or the use of musical pieces in events and concerts. In the case of “rent”, in addition to contracts, IT solutions will also be implemented to regulate their use. Particular attention will be paid to the contractual management of digital works created by an artist on commission from a third party. The signed contracts will be incorporated within the NFT, but also downloadable in electronic format by the Parties. The creation of the NFT and subsequent purchase or use of the NFT will be accompanied by complete and exhaustive forms that will give life to the contracts and will be signed with a digital signature. pag 4
2. Nali, THE GREEN TOKEN Within the platform and the marketplace, it will be possible to make payments both with NALI tokens and with BNB and BUSD. The payment values will be initially determined in BUSD and the fluctua- tions in NALI and BNB will be parameterized to the initial value in BUSD. This way the increased or de- creased value of an artwork will be related to its rarity and real market value not the token fluctuation. - Listing The NALI marketplace will present numerous innovative solutions to facilitate the usability of the listing space and the search of the artwork. It will also present special categories dedicated to specific areas of interest for the NFT market. - Drops Those who create NFTs on the NALI platform will have the possibility of organizing the launch in direct sale or auction for a set time. Drops are based on the possibility of requesting advertising space before the launch event. At the end of the drops, the NFT or the collection will remain in the author’s gallery, transferred to the owner’s wallet or listed on a secondary market. The drops artwork can be sold in NALI, BNB and BUSD. A special section will be dedicated to the drops of collectible NFTs. - Metaverse NALI is particularly attentive to the emergence and development of cross ecosystems linked to the world of art in all its facets, as well as to their communities. Many of the major global companies as Facebook, Fortnite, Roblox are investing huge capital in virtual worlds and in VR and AR. Just think of the world-famous events made exclusively in the metaverse of the Fortnite game such as the Rift Tour with Ariana Grande and the concerts by Travis Scott or Marshmello: - https://www.youtube.com/watch?v=vdgv_UmPtFU - https://www.youtube.com/watch?v=wYeFAlVC8qU - https://www.youtube.com/watch?v=NBsCzN-jfvA NALI will also focus on metaverse by luxury and fashion brands. How NFTs are directly connected to the world of the metaverse can be easily understood through the sale of tickets, exclusive items, music, digital works of art, etc. NALI intends to be a leading player in this “market of the future” that is already becoming a reality today. - ROADMAP: a project needs a clear and well-studied ROADMAP, maintaining a fundamental dynamism to achieve all the set objectives. We wrote a defined and complete ROADMAP that includes every aspect of the development neces- sary to achieve all objectives. (Chapter 7) - AUDITS: the security of the smart contract is fundamental for a crypto project, to this end we decided to proceed with a preliminary audit of the smart contract before private sale with “MithX”, a second audit before public sale by “Hacken”, and a third audit while ongoing with “CertiK”. (Chapter 7) - LOCKED TOKENS: Venture Capital and Team tokens are locked for a period, in order to ensure the commitment in the development of the project. The Team token period may seem not too long compared to other projects, but we prefer to be transparent, reminding you that the team works for the success of NALI. The team will not give up ownership be- cause we strongly believe in the project and will act on every useful occasion in favor of the token through occasional burn actions, setting the best time levels of dynamic slippage and improving the interactions between random extrac- pag.5
2. Nali, THE GREEN TOKEN -tors and smart contracts. Every action, implemented by the team, will be notified to the community so they can be kept constantly updated. NALI strongly believes in KAIZEN thinking and works every day to find increasingly efficient and effective solutions. The whole team wants to actively participate, together with the community, in the success of the project. All this requires great resources, maximum commitment and time, allocating a periodic reward to the team is incentive and we will work to satisfy the trust of the community. (Chapter 7) - DONATIONS: to make donations, a Gnosis Multi-Signature wallet will be created in order to guarantee maximum transparency and security during transactions, and all the initiatives that will obtain the support of the community will be published on the website. (Chapters 5 and 7) - RANDOM EXTRACTORS: random extractors are the first big innovation introduced by NALI and aim to achieve multiple purposes including promoting organic growth in the adoption of the token, encouraging the hodl policy, encouraging the continuous purchase of tokens, discouraging the strategy of pump and dump, discourage the unloading of tokens by large token holders. (Chapter 8) - DYNAMIC SLIPPAGE: In chapter 7 “Tokenomics” and 9 “Airdrop, burn, buyback incentive” you can review the slippage applied to NALI and its subdivisions. For the first time, another unique feature of the NALI project, we are introducing a dynamic slippage with commissions up to 2.5% placed in reserve for the “buyback & burn incentive” mechanism and a variable commission from 1% to 3.5% placed in reserve for marketing activities and/or occasio- nal burn. In case of decrease in the value of the token the algorithm applied for the calculation of the % of slippage and the relative value, useful for quantifying the extent of the burn of the tokens, will fluctuate favoring the % of commission of one of them over the other. This means that in the event of an increase in the value of the token, the burn of the tokens will be incentivized, while in the event of a decrease in the value of the token, the resources available for marketing will increase by promoting and encouraging the promotion of the project on the market in order to expand the audience of holders and traders operating on the token and counteracting the decline in value by increasing advertising activities. - 100 EVENTS: 100 total draws that will generate BURN or AIRDROP based on a WIN - WIN strategy. Each extraction will take place over a period between 5 and 48 hours as per random extraction, the result of the extraction will be made public only one hour before the event in order to limit large speculations on the resulting value of the token. (Chapters 7 and 9) - MAXI BURN AFTER 100 EVENTS: at the end of the 100 events, all the tokens that have not been burned or airdrop- ped will be subject to a final maxi burn between 100,000 and 1,100,000 tokens, based on extractor events, which will quickly and strongly decrease the supply (Chapters 7 and 9) - OCCASIONAL BURNS: occasionally and when marketing campaigns are not scheduled, tokens will be burned. These burns will be scheduled with random draws activated by the team and no one will be aware of when they will occur and their amount. (Chapters 7 and 9) - BUYBACK & BURN INCENTIVE: We are proud of our “buyback & burn incentive” mechanism, you should really stu- dy it because this mechanism has never appeared before in the crypto world and you will not want to miss it. It aims to increase the value of the token by limiting the circulating supply available on the market through increasing burns proportional to the increase in the value of the token and proportional to the decrease in supply. We have created the first virtuous WIN - WIN - WIN circuit for NALI and the community. In one word: FANTASTIC. (Chapters 7 and 9) pag.6
2. Nali, THE GREEN TOKEN - BURN FROM SUPREME GREEN HANDS: SUPREME GREEN HANDS will actively participate in supply burn by sen- ding NALI tokens to burn address for a minimum value of $5,000. (Chapters 9, 10 and 11) - AUTOMATIC DISTRIBUTION OF TOKENS: for each transaction, 1% will be automatically distributed to holders of tokens in a personal wallet in proportion to the tokens held. (Chapter 7) - BURN TARGET OF THE SUPPLY: from a total supply of 50,000 the NALI team aims to achieve a maximum circu- lating supply of 14,500 or lower (minimum burn target of 71% of tokens). (Chapter 7) - ARTISTIC NFTs: NALI’s NFTs will be both commemorative and collectibles, we are closing collaborations with both print and digital magazines specialized in the arts and music sector and directly with emerging and talented digital artists, we aim to make our mark in the world of NFTs by promoting young artists with high growth potential who will sign their works. All digital artists are showing great interest in NALI and their names will be reviled as soon as the project is public and on the market. (Chapter 10) - INCENTIVES PEGGED TO THE VALUE IN $: unlike other projects that have levels pegged to the number of tokens, we wanted to make a choice against the trend by pegging the levels to the value in $. This will allow everyone to become GREEN HANDS at any time of the life of the project and not exclusively to the first holders, it will also facili- tate, as the supply decreases, an organic and proportional growth and distribution among the holders of the tokens. (Chapters 7, 10 and 11) - INCENTIVES DESIGNED ONLY FOR GREEN HANDS: only GREEN HANDS will be able to participate in the draw of NFTs exclusively dedicated to them. Being GREEN HAND means fully embracing the NALI project and being able to boast a status that demonstrates your commitment to safeguarding the Planet. You can become GREEN HAND by purchasing tokens on the market for the relative value in $, or actively commit to making the NALI project known in the crypto community and increasing the value of your tokens. The highest status is the “Supreme Green Hand” which will entitle you to receive a special NFT (real digital works of art) customized and created by a digital artist with the sponsorship of the NFT on all communication channels used by NALI. (Chapters 10 and 11) - CONTAINED SLIPPAGE: we aim for an organic growth of the holders of the NALI project, but we cannot forget that the crypto community is also composed of numerous and important professional traders who develop high daily trading volumes necessary for the healthy growth of the project. For them, we wanted to contain slippage to 7%, a level that we consider appropriate and allows them to achieve a very interesting gain from trading. (Chapter 7) - MARKET MAKING ACTIVITIES: We have decided to be supported on the launch of the token on DEX by a market maker among the main players in the crypto world, with strong experience in the field. It will be committed to gua- ranteeing the liquidity necessary for the purchase and sale of the token 24/7. As a team we will strive to provide the necessary amount of liquidity to allow the market maker to perform his professional activity in the best possible way. (Chapter 15) We also invite you to carefully read Chapters 14 “Token Quick Facts” and 15 “Frequently Asked Questions (FAQ)”, where you will find important information that will broaden your knowledge of the project and of the NALI token. pag.7
3. Man destroying NATURE Concentrations of the major greenhouse gases, CO2, CH4, and N20, continued to increase despite the temporary reduction in emissions in 2020 related to measures taken in response to COVID-19. 2020 was one of the three warmest years on record. The past six years. including 2020, have been the six war- mest years on record. Temperatures reached 38.0°C at Verkhoyansk, Russian Federation on 20 June, the highest recorded temperature anywhere north of the Arctic Circle. The trend in sea-level rise is accelerating. In addition, oce- an heat storage and acidification are increasing, dimini- shing the ocean’s capacity to moderate climate change. The Arctic minimum sea-ice extent in Septem- ber 2020 was the second lowest on record. The sea-ice retreat in the Laptev Sea was the earliest observed in the satellite era. The Antarctic mass loss trend accelerated around 2005, and currently, Antarctica loses approxima- tely 175 to 225 Gt of ice per year. The 2020 North Atlantic hurricane season was excep- tionally active. Hurricanes. extreme heatwaves, severe droughts and wildfires led to tens of billions of US dollars in economic losses and many deaths. Some 9.8 million displacements, largely due to hydromete- orological hazards and disasters, were recorded during the first half of 2020. Disruptions to the agriculture sector by COVID-19 exacer- bated weather impacts along the entire food supply chain, elevating levels of food insecurity. pag.8
3. Man destroying NATURE The Earth’s climate is influenced by human activities that produce the greatest destructive effects on nature. We all know the negative effects of greenhouse gases in the atmo- sphere, or the wild deforestation that is affecting Madagascar or the plastic islands we leave behind in the sea. Scientists around the world agree that “much of the warming obser- ved over the past 50 years is attributable to human activities”. It is necessary and urgent to reduce the combustion processes of fossil energy sources by turning to renewable sources and reducing the emission of climate-altering gases. Energy efficiency and energy waste need to be improved. Scientists have discovered that it is now too late to avoid all the ne- gative effects of global warming, so the new challenge concerns the need to find solutions to prevent extreme natural phenomena pag.9
4. Nature FIGHTS BACK 2020 was one of the three warmest years ever recorded globally. The average global temperature was about 14.9°C, 1.2 (± 0.1) °C above the pre-industrial (1850-1900) level. Eurasia has reached temperatures five degrees above average. Other significant heat zones have affected limited areas of the southwe- stern United States, the northern and western parts of South Ameri- ca, Central America, some regions of China. On the ocean, higher temperatures have been observed in parts of the tropical Atlantic and the Indian Ocean. Most of the excess energy that accumulates on land is transferred to the ocean, which together with the phenomenon of melting gla- ciers, causes the sea level to rise. When the CO2 concentration in the atmosphere increases, the CO2 pag.10 concentration also increases in the oceans, the average pH of the
water drops, and a process known as ocean acidification occurs with the destruction and death of many organisms and marine ecosystems. A decrease in the amount of oxygen contained in sea water was also measured, decreased by 0.5-3%. But it is above all the CRYOSPHERE that raises the strongest alarm with the decrease in the extent of sea ice, the mass of glaciers and ice caps of Greenland and Antarctica. In 2020, unusually high total annual rainfall was recorded in mon- soon-affected regions in North America, Africa, Southwest Asia and Southeast Asia. While in Africa the monsoon extended further north into the Sahel region. Rainfalls higher than the historical average were also recorded in large areas of central and western Europe. In 2020 extreme phenomena with very extensive flooding occurred in Africa with above-average rainfall in countries such as Sudan, Ethiopia, Somalia, Kenya, Uganda, Chad, Nigeria (which also expe- rienced drought in the southern part of the country), Senegal, Ivory Coast, Cameroon and Burkina Faso. Many lakes and rivers hit record highs, such as Lake Victoria in May and the Niger River in Niamey and the Blue Nile in Khartoum in Sep- tember. pag.11
India experienced the wettest monsoons, with the national average rainfall from June to September 9% above the long-term average. Persistent high rainfall hit China during the monsoon season, cau- sing severe flooding. The June-August period was particularly wet, with numerous floods affecting the Yangtze and its tributaries. In August, the Three Gorges Dam saw the largest flood since its con- struction. Korea also experienced its third rainiest summer, while western Ja- pan was hit by floods in July. 2020 was the year of extreme phenomena, so in addition to severe floods, there were long periods of drought in the northern areas of Argentina, Uruguay, Paraguay and Brazil, with extensive and impor- tant fires. 2020 was an exceptionally hot year for most of Russia, especially Si- beria with average temperatures 3.2 ° C above the historical average. pag.12
5. NFT Certificates and DONATIONS NALI aims to place a strong focus on the environment both by encouraging the adop- tion of eco-sustainable processes by product and service companies, and by adopting a policy of aid to organizations that carry out beneficial actions in support of environ- ment. A “green company” is a company that satisfies the paradigm of the three P’s illustrated by John Elkington: Planet, People and Profit. The attention and development of these three variables define the eco-sustainable company. The goal of “green companies” is to create products and services with a low environ- mental impact, which can at the same time provide a real benefit to the well-being of Salva il Pianeta the planet. insieme a noi For “green companies” it is not just a question of guaranteeing the supply, production Partecipa and distribution chain, but of obtaining the so-called ENVIRONMENTAL CERTIFICA- al progetto Nali TIONS, both of process and product, and making them available and accessible to all market players. In this process, the NFT becomes a useful tool with unique and immutable characte- ristics that certifies on the market that the “green company” obtains environmental, process and product certifications, whether they are “environmental labels”, “environ- mental self-declarations” or “environmental product declarations”. Encouraging the birth and development of green companies in the market means protecting the environment as all eco-sustainable companies will have to periodically adapt to technological progress, constantly check compliance with environmental le- gislation, keep compliance and sustainability assessments updated. But the adoption of NFT CERTIFICATES will greatly contribute to the fight against the so-called GREENWASHING phenomenon, those companies that, through exclusively marketing operations, are camouflaged as “green companies” trying to obtain the competitive advantages of legitimate companies on the market. In fact, in addition to the uniqueness and non-modifiable characteristics, Non Fungible Tokens contain the temporal certainty of their creation (minting) which provides the immutability of the characteristics declared by the company at the time of their mint. It will therefore not be possible for the company to declare, under penalty of forgery, compliance with environmental certifications not held at the time of creation of the NFT. But this is not all, in fact within the NALI website a section will be dedicated for all the “green companies” that will join the NALI project and will proceed with the mint of their NFT CERTIFICATES. In this way, it will be possible to create a database where market players will be able to view the green characteristics of all the companies, their decla- red certifications and each feature inserted within the NFT. It will be possible to view over time their positive path towards the adoption of eco-sustainable processes, the environmental certifications already obtained and those in the process of being obtai- ned. Finally, a grade will be provided through a mathematical algorithm and a ranking will be built, which will also be organized by territorial area, favoring contact betwe- en companies with targeted research, developing the competitive advantage deriving from green marketing in order to improve their green standards and relationships with customers and suppliers. The “green companies” will therefore have, through an effective tool such as NFT CER- pag.13 TIFICATES, a powerful marketing tool in their hands and will be able to take advantage
5. NFT Certificates and DONATIONS of NALI’s communication channels to make themselves known. At the same time, they will feature NALI and the NFT CERTIFICATES on their websites contributing as an indirect marketing channel for the NALI project, a WIN - WIN perspective for all parties. If until now the blockchain had found its place, as an immutable and transparent regi- ster of the traceability system in the production phases, from today and through the NFTs it will become a certification and advertising tool for the environmental certifi- cations obtained by the green company, thus occupying the last process value chain. NALI’s NFTs will therefore become CERTIFICATIONS of the status of the “green com- pany” and of its efforts put in place to boast this qualification on the market. It will be possible to mint the NFT CERTIFICATES within the proprietary or third-party Salva il Pianeta NFT platform that will host NALI, the commissions paid for the mint and use of the insieme a noi NALI token will generate % of profits dedicated to the “buyback & burn incentive” me- Partecipa chanism favoring the burn of the supply. al progetto Nali NALI also aims to actively participate through donations on a wide variety of chari- table initiatives by concentrating our efforts on international organizations like: “1% for the planet”, selected for their mission in creating a healthy planet. https://www.onepercentfortheplanet.org/ The project focuses on environmental causes and we will be active on charitable acti- vities to help during natural and environmental disasters, but also on the continuous initiatives carried out by environmental organizations. Some of these include: - Reforestation of the planet - Education in the correct use of natural resources - Development of natural systems, flora and fauna - Others The NALI token will constantly attract the attention of new investors, driven by both a philanthropic and speculative spirit. To make donations, a Gnosis Multi-Signature wallet will be created in order to ensure maximum transparency and security on transactions. The donations will focus on initiatives with a humanitarian and environmental focus and will affect both international and territorial causes worthy of help. Each donation made will be proven by transaction, the supported initiative and its objective will also be declared to the community through a clear and detailed presen- tation. All environmental initiatives that will benefit from donations from NALI, will be publi- shed on the website in the dedicated section. Within chapter 7 TOKENOMICS you can read more about the percentage of donation collected and how they will take place. In a first phase and until cryptocurrencies gain mass adoption, NALI has decided to make the donations in dollars, also based on the experiences related to previous charity projects. In some cases, in fact, it was impossible for the charity organization to access the donated crypto tokens making the funds unusable. Using dollars will make the donations efficient and readily available. pag.14
6. Our RoadMAP The team will make every effort to achieve the following objectives. The road map is indicative, and the individual steps may undergo changes in the time launch based on the progress of the project. Phase 1 By Nov 15, 2021* • Smart Contract Creation (completed) • Creation of the random extractor linked to time and the city (completed) • Creation of the website (completed) • Creation of communication channels on social networks (completed) • Creation of the “dynamic slippage” and “buyback & burn incentive” me- chanisms (completed and ready to start at the end of 100 “burn & airdrop” extractions) • Smart Contract Audit from “MithX” (completed) • Seed Sale (ongoing) By Nov 22, 2021* • Private Sale (ongoing) • Listing on CoinGecko and CoinMarketCap (stay tuned) • Public Sale (stay tuned) • Launch on BSC MainNet (stay tuned) • Start of burn and airdrop operations (ongoing) • Start of marketing operations (stay tuned) * may be subject to variations pag.15
6. Our RoadMAP Phase 2 By Dec 25, 2021* • Smart Contract Audit from “Hacken” (ongoing) • Creation of original and exclusive Artistic NFTs * may be subject to variations Phase 3 By Feb 02, 2022* • Donations to humanitarian and environmental causes • Partnership with non-profit entities in the humanitarian and global climate change sector • Listing on Exchanges • NFT CERTIFICATES • Smart contract Audit from Certik • Development of NALI’s NFT platform and marketplace * may be subject to variations Phase 4 By June 30, 2022* • Commercial partnerships • Merchandising launch * may be subject to variations pag.16
7. TokenOMICS Introduction to NALI (NFT ART Life Innovation) tokenomics with launch on the Binance Smart Chain. • 50,000 Total Supply • 4,750 (9.5%) Private Sale • 500 (1%) LP • 8,000 (16%) sent to the “buyback & burn incentive” wallet (details of the burn in chapter 9 “Airdrop, burn, buyback incentive”) • 27,500 (55%) sent in wallet for burns “100 Events” (details of the burn in chapter 9 “Airdrop, burn, buyback incentive”) • 2,500 (5%) sent in wallet for airdrops “100 Events” (details of the distri- bution in chapter 9 “Airdrop, burn, buyback incentive”) • 2,250 (4.5%) of tokens will be allocated for marketing, of which 50% (1,250) locked for the duration of one month and the remaining 50% (1,250) locked for 3 months • 2,250 (4.5%) of tokens will be allocated to development, of which 50% (1,250) locked for the duration of one month and the remaining 50% (1,250) locked for 3 months • 2,250 (4.5%) of tokens will be allocated to the team of which 50% (1,250) locked for three months, 50% (1,250) locked for six months. The tokens will be unlocked in groups of 125 tokens (10% of the tokens rele- ased at each release) every seven days (10 weeks for unlocking team’s tokens after the three and six months waiting periods) • The burned tokens will be sent to the dead wallet pag.17
7. TokenOMICS By virtue of these tokenomics, NALI will achieve a MINIMUM burn of 35,500 (27,500+ 8,000) of tokens, however it aims to achieve a much higher token burn over time. The % of the profits generated by the commissions for the minting of NFT CERTIFICATES and the commissions for the minting and sale of ARTISTIC NFTs will also be used to obtain a circulating supply of less than 14,500 (potential target and set minimum burn of 71% of the token). The purchase and sale slippage will be set at 7%, divided as follows: • From 0,5% to 2,5% put in reserve for the “buyback & burn incentive” mechanism. • From 1% to 3 % directly burned. • From 1% to 3% reserve for marketing and/or occasional burn activities (if fundraising for promotional campaigns is not planned). •1% automatically distributed to holders of tokens in a personal wallet in pro- portion to the tokens owned (to obtain this automatically distributed share, a number of tokens with a minimum equivalent value of 1 BNB must be held in the wallet). •1% set aside for donations to charities and related to environmental causes. •0.5% “guessed” average per token swap on PancakeSwap. pag.18
7. TokenOMICS 4,5% 1% 1% 0,5% Transaction Automatic Donations Swap Fees Distribution From 0,5% to2,5% distribution of to charities and “guessed” average put in reserve for tokens in propor- related to environ- per token swap on tion to the tokens mental causes PancakeSwap the “buyback & owned burn incentive” mechanism, from 1% to 3 % directly burned, from 1% to 3% reserve for marketing We believe these are the best tokenomics to optimize and benefit all parties involved, keeping in mind the health of the token and the community. In Private Sale, the token will be distributed with a value equivalent of $36.00 . pag.19
7. TokenOMICS FOCUS ON NALI TOKEN AND USE CASES - Why was the NALI token and its ecosystem born? The tokenomics and design of the token were developed to perfectly respond to the needs of the market to which it is aimed. The idea was born out of strong market demands, the latest trends and the need to focus on innovation with the possibility of multiple use cases. The NALI token incorporates necessary economically innovative features with a digital ecosystem designed to support a project dedicated to the world of NFTs, offering minting, renting, and trading on a proprietary platform and marketplace. We have studied, both at a microeconomic and macroeconomic level, the decentralized digital ecosystem in which the token operates, combining mathematics and “art” in a mix that made both tokenomics and the ecosystem uni- que. This was achieved through the study of mathematical models, statistical analysis tools, token design, digital and real market reference. We are aware that, by nature, markets are inefficient and who operates in them often act following emotions in incoherent conditions. The design of the NALI token aims to contain as much as possible the triggers that determine market instability, en- couraging the volume of transactions and mass adoption within the reference market through strategies different from those typically known. We can therefore say that the design of the NALI token is a form of economic enginee- ring accompanied by formal rules useful for directing, governing, and shaping the design of the market. Based on this last definition, it becomes easy to imagine the importance that the NALI token plays in an ecosystem with specific characteristics and needs. The design of the token has been conceived to be perfectly linked to the market in which it operates through different plans of actions: - the “INCENTIVES” to buy and hold the token in anticipation of an increase in value caused by the “100 events” of burns and airdrops, the maxi burn post “100 events”, the occasional burns, the “Buyback & burn incentive”, the auto- matic redistribution of tokens, the burns by “supreme green hands”; - the exclusive “REWARDS” dedicated to “green hands” such as the periodic extractions of commemorative NFTs linked to humanitarian and environmental causes and the work of art NFTs that “supreme green hands” receive for each contribution in burning of the supply; - “DISINCENTIVES” to the sale of the token such as the dynamic slippage, which in case of a decrease value of the token allocates a higher % to be distributed to the marketing reserve increasing the project outreach possibilities and the random extractors that don’t allow to predict the exact timing of burns and airdrops, discouraging pump and dump strategies. These plans of actions positively influence individuals to adopt more efficient economic behaviors and directly affect the increase in the value of the NALI token ecosystem, both its real and perceived value by the community, reaching an overall success through the distribution protocol, mass adoption and the reduction of transaction con- gestion thanks to the presence of the market maker. The community is pushed to exchange the token within the official market and not outside of it thanks to the plans of actions of incentives and disincentives. The success of NALI is also the success of those who operate on the NALI NFT platform and marketplace. Both en- vironments are user friendly, pegged to the dollar to avoid market fluctuations related to token value, thus providing the real definition of their value over time. They will also generate the legal contracts related to the creation, rental, and sale of artistic NFTs and NFT Certificates. The design of the NALI token was also created in a bidirectional perspective considering the effects that the market has on the NALI ecosystem. We expect that the visibility from key partnerships and the unique features of NALI’s NFT platform and marketplace will attract a large number of users offering them what they can’t currently find anywhere else. This will consolidate NALI as a bright star in the firmament of NFT space. We have decided to adopt the Binance Smart Chain for the NALI token ecosystem as it has proven to be able to handle large trading volumes while maintaining extremely low and contained transaction costs, while ensuring enviable speed. We are sure that now you have all the elements to understanding why the NALI token was born and how token design and market marry and influence each other perfectly. The adoption of no other token would have allowed to link NALI’s ecosystem to its reference market in such a strong way, while sa- tisfying its needs at the same time. The NALI token raises the project to exceptional levels and can thus satisfy all the KPI necessary to be successful and bright. pag.20
8. Random EXTRACTORS The focus of the project is the commitment to useful actions to combat climate change and protect nature and the planet that hosts us. Random extractors are a brilliant idea to achieve our goals, but we want to keep your mind awake about the climate, so we have linked the extractors to the wea- ther conditions of cities around the world. A brilliant idea that will also prove useful in remembering that defending the heal- th of the planet is the main reason why you decided to join the project. Always throwing a dice or throwing a coin are seen as activities that allow you to introduce uncertainty into an event and allow you to make decisions in a non-de- terministic way. The modern computational and algorithmic (non-physical) approach to the cre- ation of pseudorandom event generators provides a structure G = (S, s0, T, U, G), where S is a finite set of states, s0 is a state (or seed), T: S -> S is the transition function, U is a finite set of output symbols and G: S -> U is the output function. A sequence of numbers, to be defined as random, must have two fundamen- tal characteristics: uniform distribution and independence. The first refers to the uniform distribution (equidistribution) that the numbers generated within a given interval must possess and usually the interval has amplitude (0.1). The second means that successive numbers must be independent of each other. The output at time t must therefore not affect the output generated at time t + 1. On modern computers, pseudorandom numbers are generated by fully deter- ministic algorithms and the goal sought is that no one can distinguish the (unk- nown) generator output sequence from a truly random sequence in a reasonable time and useful to correctly predict the final result. In order to bring the goal of randomness as close as possible, as well as the impossibility of distinguishing the output sequence of the generator, three strate- gies will be implemented: A first random extractor that will define the timing of the “airdrop” or “burn” from t to t + 1 with a minimum of 5 hours and a maximum of 48 hours; pag.21
8. Random EXTRACTORS A second random extractor that will define the “burn” and “airdrop” event based on the extraction of a city in the world and the meteorological climate that at that moment distinguishes it based on the following classification: 1) clear; 2) clouds; 3) rain; 4) drizzle; 5) thunderstorm; 6) snow; 7) mist. The meteorological data are taken from the site https://openweathermap.org/. The cities could also be ex- tracted several times in the same session, in particular for those Nations whose meteorological situation is provided for a limited number of cities. Limited number of “burns” and “airdrops” for a total of 100 events. Why did we introduce the random extractor? Encourage the organic growth of token adoption: even small owners will be able to potentially take important advantages and see their positions increase throu- gh the mechanisms of airdrop, burn and “buyback & burn incentive”. Encourage the HODL policy: purchasing and holding tokens will only provide hol- ders with the opportunity to participate in promotional campaigns to increase the token value. Since the burn, the airdrops and the “buyback & burn incentive” are random and cannot be predicted in time, if you are not a strong trader, HODL proves to be the potentially winning strategy. Encourage the continuous purchase of tokens: the distribution of tokens in air- drop is based on a percentage of the tokens owned, moreover you will be able to participate in the extraction and win an NFT only if you are considered a GREEN HAND (to achieve this status your wallet must hold tokens for a minimum value in dollars of $50,000 at the time of drawing). Can’t you afford to buy $50,000 tokens today? Help the token increase in value with periodic purchases and talk about NALI as much as possible. Always remember that NALI is first of all a community that acts together for the good of our planet and this must be the first goal you must have in mind. Discourage pump and dump strategies: we have included burn, airdrops, “buyback & burn incentive”, NFTs, all this will happen in an absolutely random way with mathematical and computational algorithms. Nobody knows when. The classic pump and dump strategy will only put your tokens and money at risk. NALI has arrived and will change all the paradigms used and known to date! Discourage the bulk unloading of tokens by large token holders: the “buyback & burn incentive” mechanism is activated only under certain conditions (see chap- ter 9 AIRDROP, BURN AND BUYBACK & BURN INCENTIVE). The bulk unloading of pag.22
8. Random EXTRACTORS the tokens will have a lowering effect on the market price but when you proceed to buy again at the new market value the potential risk of paying a higher average price will be very high, also remember that participation in the winning extraction of NFTs it is calculated and verified based on the dollar value of your tokens at the time of extraction and not on the simple number of tokens in your posses- sion. The classic bulk token unloading strategy to lower the price and accumula- te more tokens has a high risk of failure with NALI. The first random extractor linked to the time factor will also be used for the “buyback & burn incentive” mechanism that will be presented in the next chapter. Currently the extractors used by NALI use the algorithms of https://www.random.org/ off which you can read: “Perhaps you have wondered how predictable machines like computers can ge- nerate randomness. In reality, most random numbers used in computer programs are pseudo-random, which means they are generated in a predictable fashion using a mathematical formula. This is fine for many purposes, but it may not be random in the way you expect if you’re used to dice rolls and lottery drawings. RANDOM.ORG offers true random numbers to anyone on the Internet. The ran- domness comes from atmospheric noise, which for many purposes is better than the pseudo-random number algorithms typically used in computer pro- grams. People use RANDOM.ORG for holding drawings, lotteries and sweepsta- kes, to drive online games, for scientific applications and for art and music. The service has existed since 1998 and was built by Dr Mads Haahr of the School of Computer Science and Statistics at Trinity College, Dublin in Ireland. Today, RAN- DOM.ORG is operated by Randomness and Integrity Services Ltd.” You can read more details and analysis on the random extractor of random.org from the web page: https://www.random.org/analysis/ It is possible to view a security check of the https://www.random.org/ site on the https://www.scamadviser.com/check-website/random.org site where it was considered safe to use and within a detailed analysis score of 4.7 out of a maxi- mum of 5. In addition to the https://www.random.org site, considered internationally one of the best and reliable engines for the creation of real random numbers, the team is constantly researching and testing increasingly effective, safe and certified solutions for random extractors. Therefore, the adoption of other similar services that should become market leaders is not excluded in the future. pag.23
9. Airdrop, Burn, Buyback INCENTIVE THE FIRST 100 EVENTS Whether AIRDROP or BURN is extracted, you will win in any case because the effect on the token value will be potentially positive according to the WIN - WIN principle. The number of burns and airdrop will be limited to a total of 100 events. The burns and airdrops will occur based on the two random extractors presented in this green paper in chapter 8 “RANDOM EXTRACTOR”. Based on the first extractor connected to the time factor, each burn and airdrop event can take place in the time span t -> t + 1 from a minimum of 5 hours to a maximum of 48 hours. This means that the completion of the 100 events will take a minimum of 500 hours (20.83 days) and a maximum of 4,800 hours (200 days). To avoid manipulation of the market price between the first and second event, the result of the first extractor will be kept secret until 60 minutes before the start of the second extractor with the consequent airdrop or burn of the tokens. A specific section will be dedicated on the website where you will be able to follow the results. We have also developed a telegram bot for you that will notify you of the events and results of the extractions. The second random extractor will define the “burn” and “airdrop” event based on a first extraction of a state in the world and five successive extractions of cities of the extracted state (cities could also be extracted several times in the same session, in particular for those States whose meteorological situation is provided for a limited num- ber of cities) and the meteorological climate that at that moment distinguishes it on the basis of the following classification: 1. clear; 2. clouds; 3. rain; 4. drizzle; 5. thunderstorm; 6. snow; 7. mist. Considering that the world weather is strongly influenced by the seasons, in an attempt to seek as much as pos- sible a fair distribution (50-50) of the burn and airdrop events, the individual metrological climate classification associated with AIRDOP and BURN can vary over time. At the time of writing the Green Paper, the association is as follows: AIRDROP: clear, rain, drizzle, thunderstorm, snow BURN: clouds, mist pag.24
9. Airdrop, Burn, Buyback INCENTIVE The number of tokens allocated to reserve in the burn and airdrop wallets are as follows: • 27,500 placed in wallet for burns • 2,500 placed in wallet for airdrops What percentage of tokens will be distributed or burned at the airdrop and burn events? Airdrops and Burns are in total number of 100, each event will produce an airdrop or burn result of 1/100 (1%) of the total tokens initially sent to the “airdrop” and “burn” wallets. All remaining tokens in the two wallets, at the end of the 100 draws, will produce a maxi-burn event. Tokens that by randomness of extractions should not be burned or airdropped during the 100 extractions, will be burned (no airdrop) within fourteen days after the hundredth draw in seven burn events with time frame t -> t+1. Each included by a minimum of 5 hours and a maximum of 48 hours and with a fixed amount of 14.2857142857%. The total number of tokens burned in the final maxi burn will be between 2,500 and 27,500. BUYBACK & BURN INCENTIVE Once the 100 random extraction events that will generate to the burn and airdrop have been completed, the “buyback & burn incentive” mechanism will start. The “buyback & burn incentive” mechanism was invented by the NALI team and aims to increase the value of the token by limiting the circulating supply available on the market through increasing burns proportional to the increase in the value of the token and proportional to the decrease in supply. The team repurchases previously issued tokens on the market, to reduce the supply and thus increase the market value of the token. The “buyback & burn incentive” is exclusive and innovative, its operation is different from any other buyback previously used by other projects. In fact, while the classic buyback mechanisms as the value increases cause a slowdown in the number of burned tokens, the “buyback & burn incentive” operates in the opposite way and produces a proportionally higher burn as the price increases. Furthermore, the “buyback & burn incentive” burns the tokens in proportion to the remaining supply. Below is an example of the functioning and effects of the “buyback & burn incentive” mechanism with respect to the growth in the value of the token: pag.25
9. Airdrop, Burn, Buyback INCENTIVE With the traditional buyback of tokens applied in other crypto projects, as the value increases, a slowdown in the burn of the tokens occurs, making the project less attractive in the eyes of traders and hodlers. Through the new NALI mechanisms called “dynamic slippage” and “buyback & burn incentive”, as the value of the token on the market increases, the number of tokens subject to burn increases, making the token more attractive and spee- ding up the burning of the supply. For those wishing to calculate and verify the correct application of the “dynamic slippage” and “buyback & burn incentive” mechanisms, below are the key formulas useful for the calculation for the Microsoft Office Excel and Apache OpenOffice software. % dynamic slippage = IF (“NALI value at time t”>= “NALI value at time t-1”; 2.5%; 2.5% - (2.5% * ((“NALI value at time t”/” NALI value at time t-1”) ^ (“ NALI value at time t”/” NALI value at time t-1”)))) “Token burned buyback & burn incentive mechanism” = IF(“ NALI value at time t”>”NALI value at time t-1”; ((“Dyna- mic slippage value” / “Supply Value”) * (“NALI value at time t”/”NALI value at time t-1”))^(1.1); (“Dynamic slippage value” / “NALI value at time t”)/(“NALI value at time t”/”NALI value at time t-1”)) pag.26
9. Airdrop, Burn, Buyback INCENTIVE The formula for calculating the supply burn proportionality parameter is as follows: Proportionality parameter = “Supply post Token burned via buyback & burn incentive mechanism” / “Supply pre burn” The proportionality parameter will be applied to the result obtained previously, “Token burned buyback & burn in- centive mechanism”, to know the Token burned via “ buyback & burn incentive “ mechanism with proportionality parameter: “Token burned via buyback & burn incentive “mechanism with proportionality parameter” = “Token burned buyback & burn incentive mechanism” * “Proportionality parameter” Finally, it will be possible to calculate the “Supply post Token burned via buyback & burn incentive mechanism with proportionality parameter”: “Supply post Token burned via buyback & burn incentive mechanism with proportionality parameter” = “Supply pre burn” - “Token burned via “buyback & burn incentive” mechanism with proportionality parameter” We have decided to openly show the formulas of our “Dynamic slippage” and “Buyback & Burn incentive” mecha- nisms as, while aware of their value, transparency and community trust are more important to us. It is evident how the “buyback & burn incentive” works in the opposite way to the classic buyback. This pushes the purchase of the token in order to obtain a decrease in supply through proportionately higher and higher burns. The decrease in supply encourages the growth of the value of the token. It can therefore be said that the “buyback & burn incentive” invented by the NALI team creates a virtuous circle for the holders of the token by creating a WIN -> WIN -> WIN chain, as opposed to the classic buyback in which there is a contrast between increase in the token value and decrease in the amount of burned tokens. pag.27
9. Airdrop, Burn, Buyback INCENTIVE The “buyback & burn incentive” mechanism will use, in addition to 2.5% of slippage, the initially created reserve of 8,000 tokens (chapter 7 “TOKENOMICS”). The “buyback & burn incentive” aims at the exclusive increase in the value of the token in order to avoid as much as possible the manipulation of the value of the token downwards by the large holders via activation of the value defense mechanism. NALI’s “buyback & burn incentive” will be activated only after a period of continuous rise in the daily value measured over a minimum period of seven days and a maximum of fourteen days and a positive fluctuation of the value equal to at least 5% between the first and last day with calculation of days in roll over. Furthermore, the activation day of the burn via the NALI “buyback & burn incentive” mechanism will not be com- municated precisely to discourage the unloading of the tokens in bulk by the large holders of the token. Once initiated, upon the positive verification of the previous conditions by the team, the “buyback & burn incenti- ve” mechanism will be carried out from one to five blocks in random percentages and in any case to a minimum of 20% and a maximum of 100% of the available reserves provided by the slippage fee. A further burn of the NALI tokens takes place through occasional team initiatives, taking advantage of % of slip- page in the event of the absence of ongoing promotional campaigns (in-depth on chapter 7 “TOKENOMICS”). pag.28
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