CARAC Token White Paper
NFT Token, Point Token, DeFi Token◤ CARAC Token Features
CARAC Token is an NFT Token, Point Token, and DeFi Token, and it is available invarious ways for payment of NFTed goods or works, points kicked back at the time ofpayment, and as the main currency for Yield Farming and Liquidity Pools on DeFi. LPTokens accepted on DeFi can be converted to USDT, and users of the Farming and thePool can reward it in USDT.
◤ CARAC.LLC.'s Business with CARAC TokenCARAC's Businesses are divided into as the below.
1 NFT Business2 Video distribution business
3 DVD sales business
4 Video rental business5 DeFi (DEX) business
As the first phase of the 1.'s NFT business, the company will sell intangible NFT
products to NFT users that allow them to play "talk" and "games" with popular
actresses and other celebrities via live chat and create memorable moments.
As the second phase of the 1.'s NFT business, the company will sell fantasy figures(tangible goods), which are fantasized figures of celebrities and popular actresses,to users.
In the 2. video distribution business, video distribution is conducted by the largest
video distribution company in Japan, which has an exclusive contract with themanufacturer with whom CARAC has a partnership. The distribution period is from
5 to 10 years, and the distribution sales are credited as a viewing fee until the endof the distribution period.
In the 3's DVD sales business also the largest distributors in Japan who havecontracts with CARAC's affiliated manufacturers sell the products.
The 4.'s video rental business is conducted in the same business architecture asin 2. and 3.
The business system in the 5. works by the distribution of LP Token by "providing
liquidity as a provider" or "lending as a Yield Farming user" or both on CARAC Swap(DEX), and the LP Token is a Token that is convertible to USDT.
Under CARAC.LLC.'s business model, products and works are distributed and soldby major distributors and merchandisers, and the proceeds are distributed to themanufacturers. We receive the redistributed sales from the manufacturers, and we areable to distribute them to LP Token Holders without fail. This proves that the CARAC
Token is a meaningful token that will always have value.
Among CARAC.LLC.'s businesses, the video distribution business is delivered by a major
Japanese video distribution company, which ensures that the contents will be
distributed for 5 to 10 years from the start of distribution. In addition, the number of1

videos being delivered continues to increase, so the resource of funds disbursed toToken Holder will continue to increase on a daily basis. The CARAC Token is the main
token that "makes it possible to receive a perpetual profit distribution".
◤ CARAC SWAP (DEX)
DEXs (decentralized exchanges) allow people who want to buy and sell crypto
currencies to trade directly with each other using their own private keys and addresses,
rather than leaving the management of private keys to the exchanges. CARAC Swap isbuilt on DEX using the Ethereum blockchain. CARAC Swap User can become an LP
Provider and Farming user and receive the same services (like LP Token) as other DEXs
such as UNI Swap.
CARAC.LLC. receives revenue sharing by owning CARAC Tokens and LP Tokens
obtainable based on CARAC Tokens. The Token value will increase due to revenuesharing, which will further promote revenue growth by providing more services to moreusers.

◤ CARAC Swap (Fees)
The provider of liquidity for CARAC Swap (Liquidity Provider "LP") receives a fee forpooling liquidity in the Liquidity Pool, which is shared with the provider in proportion
to its share of the total liquidity in the Token transaction (exchange "Swap").

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◤ CARAC Swap (Liquidity Mining & Yield Farming)
By liquidity providers pool two tokens in pairs (1:1) with CARAC Swap, LP Token
rewards calculated as a percentage of the total share through yield farming by TokenLending and liquidity mining. And the rewards grant (distribute) to the liquidityproviders.

◤ LP Token (Token that can receive profit sharing)
The LP Tokens are distributed as a percentage of CARAC.LLC.'s profit according to thepercentage of LP Tokens received at CARAC Swap.

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◤Profits LP Token ( Example of LP Token distribution )LP Tokens derived from CARAC Tokens can be converted to USDT Token. Those USDTTokens are backed by CARAC.LLC.'s earnings, making them valuable LP Tokens.

4◤ DEX x NFT x AR
Using "Request LP Token" issued by CARAC.LLC. will be able to obtain a (temporary)
Request Card. On the AR extension function, by reading NFT trading card and theRequest card at the same time with a terminal such as a smartphone, it is possible toadd movement and voice to the 3DCG. In addition, by using the VR function, idols andcelebrities appear in life-size 3DCG, allowing users to experience an even greater senseof virtual reality. In addition, when the users purchase NFT products at CARAC.LLC.
they will be rewarded with points, and they will receive CARAC Tokens as the points.
The point redemption is 5% to 10% of the purchase price of the product. The points(CARAC Token) can be used as shown below.

CARAC.LLC. will create a new business model that connects the real world and theweb by using CARAC Swap and forming alliances with various enterprises. Since allbusiness models are stored and managed on the blockchain, many users will be able touse and experience the new services with confidence.

We call it "Token Evolution" because the "CARAC Token/Governance Token" heldby users is an unprecedented Token (future Token) that will surely continue to havevalue, and the source of funds for distribution is secured. We believe that this isexactly the mechanism that will lead to the development of today's blockchain
technology, and we are working on its further development.
◤ SUMMARY

Our project team "designs, engineers, builds, and delivered" CARAC Swap, LP
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Token, and Governance Token CARAC Token, an on-chain protocol for instanttrading and exchange of highly liquid digital assets and crypto digital currencies.
This is that the very "DeFi" based system with no manipulation, no attribution, notrust required, decentralized, instant transactions and high liquidity. CARAC Tokenand LP Token are calculated (algorithmically) on the blockchain on the Ethereum
platform at the price of CMC, the price at which it is traded in liquidity, which iscalculated and displayed based on the ETH price. The "Liquidity Provider" whoprovides liquidity on CARAC Swap and the "Yield Farming User" who does farming
the liquidity will be granted the services by LP Token, and the granted LP Token willfind "more value" and "greater value".
◤ Project Team Structure

DEX (CARAC Swap) planning and development
Issuance of CARAC Token and LP Token
LP Token distribution ratio and composition planning
CARAC.LLC. advertising (public relations)
Alliance Token Recruitment and Affiliation
DeFi/DEX Legal
Recruitment of LPs and Yield Farmers◤ Introduction of CARAC Token

The total CARAC Token volume is 10 billion pieces and is stored in the blockchain
with a minimum bookkeeping unit of "0.00000001 CARAC" as minimum of 8
decimal places.
Total issue quantity: CARAC 10,000,000,000
Minimum book-entry unit: CARAC 0.00000001
Planned Listing Release Price: USD 1.00
CARAC Token Distribution: The total distribution can be viewed athttps://ethplorer.io/ to see the decentralized token status. The CARAC Token
distribution is shown below.

6❖ Distribution 1
For founding members 5%❖ Distribution 2
For initial sales 10%❖ Distribution 3
For SG&A expenses 5%❖ Distribution 4
For NFT Point 5% (Points redeemed on NFT product purchases)❖ Distribution 5
For Product purchase points 5% (points from alliance companies)❖ Distribution 6
For LP Poolers, Yield Farming users 10%❖ Distribution 7
For Holding 60%
Some portions will be given to the persons or companies that contributed to thelaunch of the project, or to the supporters who have been supporting the projectsince its launch. And the money will also be used as a donation for socialcontribution.
◤ Road Map Structure◤ Value Creation and Risks

In the case of CARAC 1 = USD 1.00, it can be exchanged for USD 1.00 worth ofother virtual currencies (cryptocurrencies) on the CEX cryptocurrency exchange. It
can also be exchanged for other tokens on the DEX. In addition, by providing
liquidity as a Pooler (liquidity provider) or Farming (lender) with CARAC Swap, users
will be able to receive new Tokens as rewards. The "value" of LP Tokens that serves
as the rewards are determined based on the liquidity of the Pool. The LP Tokens areallocated according to the LP/Farming ratio, and the distributed LP Tokens can beconverted to USDT at a ratio of 1:1.
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The prices of CARAC Token and LP Token can rise and fall significantly dependingon the market and the amount of liquidity, and since there is no guarantee of thevalue or price of the Token itself, if the value of the CARAC Token or LP Token falls,
the "legal tender value" of the Token is the responsibility of the recipient.
This can be called an "equal risk" because the "value" on the DEX is determinedby the amount of liquidity and the volume of transactions.
As described above, "value" is created by the "business content" provided andused by both users and providers, and "price" takes root through legitimatetransactions (buying and selling) via the CEX and DEX. This allows us to provide
services for distribution and liquidity providers by all holders on their own or withallied companies, thus offering "high value" and "high price" in decentralizedservices.
◤ Concerns of ARAC Token and LP Token

As in the stock market, for example, a large number of cryptocurrencies can beheld at a single location or by a single group, thereby dividing the market andmanipulating the price of the tokens.
◤ Future of CARAC Token and LP TokenCARAC Token is different from other tokens and coins in that it is not valued
based on a vision, a system, or a third-party judgment. It is a Token that will surely
satisfy the holder, which is quite different from other tokens and coins due to its
demand. Depend on this base, we will develop a wide variety of businesses, andmore CARAC Token Holders will be satisfied with more sales, dividends, anddistributions. Furthermore, the LP Token derived from CARAC can be converted toUSDT, which will attract a great number of Token fans, and it will deliver morebuying and less selling in the market, and the value of the Token will soar with theexpansion of the business entity.
◤ Developer's vision

Nowadays, crypto coins are issued and traded for various purposes. However,until now, it has been difficult to accurately determine the "value" of the coins issued
due to excessive advertising and misinformation.
From the dawn of the ICO era to the present, many users have been victimized,
and many issuers have been only trying to raise funds, so there have been manycoins that have no meaning other than speculation for their holders.
However, I now believe that value can only be created by coins issued by either
those based on the development of new platforms and blockchain technology, or bythose like us who have developed decentralized exchanges and can offer numerous
services on the blockchain. I am convinced that cryptocurrencies themselves will
become more familiar to users, as users who have the purpose of asset building,token usage, etc. will be able to conduct transactions with more confidence than
before, and this will reduce fraudulent and differentiated damage cryptocurrencies
will be more accessible.
In the first place, cryptocurrencies must have various purposes and conveniencethrough circulation, and its "value" and "price" will be determined by the users'
realization of the "value" of its use. Is collateral or preservation necessary forsomething that is valued by individual confirmation and judgment of its technology,convenience, and influence? If there is demand for the nature of the crypto coin, it
will have a high value, if not, it will only have a low value. Shouldn't that value be
attached by the user because of the development, planning, sales, and business8

efforts of the issuing issuer?
That is why we, as a company that issues coins as tokens, must always bethoughtful, pursue convenience, and ensure that the tokens and LP tokens we issue
are used by many people in a variety of ways.
The "value" of the tokens increases with users' ideas, cooperation, and sense of
purpose, and would be displayed as a "price" in CMCs, etc. We believed that there
would always be demand for CARAC's "practical and exclusive" concept, and weissued Token and established the business.
In order for CARAC Token to continue to be a "necessary" cryptocurrency like "keycurrency" for everyone, our project member will continue to pursue the practicalapplication of Token and LP Token.
Thanks, Enjoy!
From im-Ten

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