Lets getback tobitcoin

whitepaper

www.btc20.com

Table of Contents

01. Intro
02. Tokenomics
03. Staking
04. Roadmap
05. Conclusionwww.btc20.com

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01. 

iNTRODUCTION

inTRODUCTION

01. Intro
Welcome to the whitepaper for BTC20, a new Proof-of-Stake(PoS) crypto token built on Ethereum that pays homage to theoriginal Bitcoin while introducing a passive income staking
mechanism. BTC20 draws inspiration from the early days ofBitcoin, in April 2011, when its price was a mere $1
accompanied by a circulating supply of 6.05 million tokens.

BTC20 is a new ERC-20 token that allows crypto
enthusiasts to buy the asset for $1 andcapitalise on the power of staking.
This is done by aligning BTC20 token releases
with the original Bitcoin block reward
mechanism.

Embracing the ideology that greater participation yields
greater rewards, BTC20 presents a unique opportunity forindividuals to earn a substantial share of the rewards
released through our Ethereum-based staking contract.
www.btc20.com

03inTRODUCTION

To fuel the growth of BTC20, we are hosting a presale where we
aim to raise funds that will be used for the marketing andexpansion of the project. Up to 6.05 million BTC20 tokens will
be sold at a symbolic price of $1 each, to mirror the 2011 priceand market cap of Bitcoin. Any unsold presale tokens will beadded to the BTC20 staking contract before listing, ensuring amaximum total supply of 21 million BTC20 tokens. This will
provide an avenue for users to actively stake their BTC20 tokens
and participate in the distribution of staking rewards.
With every block confirmation, a predetermined number of
BTC20 tokens are released to stakers, precisely following theBitcoin token release schedule. This design ensures that theBTC20 token will be gradually minted over a span ofapproximately 120 years.
BTC20 is founded on the principles of Bitcoin and the promiseof a future where the advent of staking unlocks beneficial newpossibilities. We are guided by the wisdom bestowed upon us by
the timeless Bitcoin legacy and committed to providing a new
avenue to creating value for BTC20 holders.

www.btc20.com

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02. 

Tokenomics

Tokenomics

02. Tokenomics
BTC20 boasts a robust and meticulously designed token
economy that pays homage to the roots of Bitcoin while paving
the way for a new era of staking rewards. Inspired by Bitcoin's
humble beginnings when its price once stood at a modest $1 inApril 2011, accompanied by a circulating supply of approximately
6.05 million, BTC20 carries forward the legacy of the very first
cryptocurrency.

To kickstart the BTC20 project, a presale will
be conducted. A soft cap of 3 Million BTC20
tokens will initially be sold, and another 3.05
million tokens could be made available
thereafter, each priced at a symbolic $1.
This fundraising effort will fuel the further development,marketing, and establishment of key partnerships that will
drive the growth of the BTC20 ecosystem.

www.btc20.com

06Tokenomics

Following the presale, any unsold tokens will be locked within asecure and immutable staking contract. This contract serves
as the cornerstone of the token economy, providing a gateway
for users to actively stake their BTC20 tokens and benefit fromthe distribution of staking rewards.
The BTC20 staking mechanism holds a powerful allure forparticipants. As more individuals stake their tokens, thepercentage of rewards they earn increases proportionally. This
elegant design fosters a community-driven approach where thecollective actions of stakers drive the prosperity of allparticipants. By embracing the power of staking, users stand tobenefit not only from the inherent value of BTC20 but also fromthe rewards distributed through the staking contract.
With every block confirmation, a predetermined
number of BTC20 tokens are released tostakers, following the Bitcoin release
schedule. This feature ensures a fair andgradual distribution of rewards, mirroring thetime-tested principles that underpin Bitcoin.
www.btc20.com

07Tokenomics

As BTC20 matures, its circulating supply will expand, heralding amore decentralized and engaged community. The gradualunlocking of staking rewards will provide an enduring incentive
for long-term participation, reinforcing the commitment anddedication of community members.
The BTC20 token economy extends beyond the staking rewards
program. Potential future use cases include strategic
partnerships, utility within decentralized applications, andgovernance rights within the BTC20 ecosystem. These
additional use cases aim to provide enhanced value and utility
to token holders, further reinforcing the robustness of the token
economy.

www.btc20.com

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03. 

sTAKINGstaking

03. Staking
The staking mechanism deployed by BTC20 epitomizes theunwavering spirit of Bitcoin's innovative approach. Building upon
the foundations of the Bitcoin release mechanism, which is
Proof-of-Work (PoW), BTC20 introduces the less energy
intensive Proof-of-Stake (PoS) model that rewards participantsin proportion to their staked tokens. By embracing thismechanism, users have the opportunity to actively contribute to
the network's security and earn a share of the staking rewards.

Upon the completion of the presale, where up to
6.05 million tokens will be sold at $1 each, any
remaining tokens will be securely locked within
the staking contract.

This contract serves as the epicenter of the staking
mechanism, enabling users to stake their BTC20 tokens
and participate in the distribution of rewards.

www.btc20.com

10staking

As participants stake their tokens, the percentage of rewards
they earn is directly proportional to the overall number oftokens staked. In essence, the more individuals stake their
BTC20, the greater their share of the released rewards. This
design fosters a community-driven ecosystem, wherecollective action drives the prosperity of all participants.
With every block confirmation, a predetermined number of
BTC20 tokens is released to stakers, precisely following theBitcoin release schedule. This mechanism ensures a fair andgradual distribution of rewards, reminiscent of the timelessprinciples that underpin Bitcoin's success. As a result, therelease of BTC20 tokens extends over an impressive span of
an estimated 120 years, thus resonating with the legacy of
Bitcoin itself.
By staking BTC20 tokens, users actively contribute to thesecurity and integrity of the network while earning a share of
the staking rewards. This incentivizes long-term participation
and reinforces the commitment and dedication of thecommunity. As the staking mechanism unfolds, the circulating
supply of BTC20 expands, leading to a more decentralized
and engaged community shaping the future of the tokenecosystem.

www.btc20.com

1104. 

rOADMAPRoadmap

04. Roadmap
The BTC20 project follows a roadmap inspired by the historic
journey of Bitcoin driven forward by the innovation of a Proofof-Stake (PoS) mechanism for passive income. With a focus ondelivering a new ‘Bitcoin’ token experience, BTC20 aims toredefine the way we look at Bitcoin by updating what works andadding new features that will benefit all holders.

2023 q3-Q4.
Phase 1: Presale and Token Distribution

During the initial presale phase, 3 million BTC20 tokens will besold at a symbolic price of $1 each. To mirror the 2011 market
cap of Bitcoin, a further 3.05 million tokens will be madeavailable to purchase after the soft cap of 3 million tokens isreached. This fundraising will lay the foundation for further
development, marketing, and strategic partnerships.

www.btc20.com

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Roadmap

2023 Q4-Q1.
Phase 2: Launch and Staking Activation

Following the presale, the BTC20 team will deploy a secureand immutable staking contract. This contract will lock all
unsold tokens (minimum of 14.95 million), serving as thecornerstone of the token's staking mechanism. Users will havethe opportunity to stake their BTC20 tokens and participate in
the distribution of staking rewards.

2024 Q1-q4.
Phase 3: Development and Expansion

The BTC20 team will focus on continuous development andexpansion of the project. Key objectives include enhancing
the staking contract's security and efficiency, exploring
potential partnerships with strategic players, and expanding
the utility of BTC20 within decentralized applications.

www.btc20.com

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Roadmap

2025 Onwards.
Phase 4: Long-Term Sustainability

BTC20 aims to achieve long-term sustainability. The staking
contract will continue to reward BTC20 tokens to stakers inalignment with the Bitcoin release schedule, extending over aspan of approximately 120 years. This gradual token releasemechanism ensures a fair and measured distribution ofrewards, providing enduring incentives for long-term
community engagement.

www.btc20.com

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05. 

cONCLUSION

conclusion

05. Conclusion
The future awaits, and BTC20 is poised to make its indelible
mark upon the world of cryptocurrencies. 

The BTC20 team is committed to transparency,innovation, and the core principles of Bitcoin.
Regular updates and progress reports will beshared with the community, reinforcing a senseof trust and accountability.

By staying true to its roadmap, BTC20 aims to leave an
indelible mark in the crypto sphere, shaping the future ofstaking rewards and solidifying its position as a pioneering
force within the industry.

www.btc20.com

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B TC 2 0

www.btc20.com

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