Truth of Eye (ToE) Whitepaper
Version 1.0 | November 2024
1. Executive Summary
• Project Name: Truth of Eye (ToE)
• Blockchain: Solana
• Token Symbol: TOE
• Total Supply: 10,000,000,000 TOE
Vision:
Truth of Eye aims to stand out as a meme coin driven by the community, combining fun with meaningful societal messages. Utilizing the speed and cost efficiency of the Solana network, it offers a sustainable ecosystem for its users.
2. Introduction
What is a Meme Coin?
Meme coins are cryptocurrencies associated with internet culture, often characterized by fun and strong community support. Truth of Eye goes beyond being just a “meme,” aiming to create real value and foster a strong community.
Why Truth of Eye?
• The Eye Connection: ToE uses the metaphor of the “eye” to draw attention to global truths, aiming to raise awareness and build a socially conscious ecosystem.
• Community Power: The project operates under a democratic structure where users can influence its direction.
3. Technical Overview
Blockchain: Solana
Advantages:
• Fast and low-cost transactions
• Eco-friendly consensus mechanism
Token Allocation:
• Total Supply: 10,000,000,000 TOE
• Distribution Plan:
• 40%: Community (airdrop, incentive programs)
• 20%: Ecosystem development
• 15%: Team and advisors
• 10%: Liquidity pools
• 10%: Rewards and staking mechanisms
• 5%: Marketing and partnerships
4. Use Cases
• Community Engagement: ToE token holders can vote on decisions that shape the project.
• NFT Integration: Truth of Eye NFT collections offer exclusive advantages to community members and are integral to the ecosystem.
• Fun DApps: ToE tokens can be used in mini-games, reward systems, and applications.
5. Roadmap
Quarter Milestone
2025 Q1 Token creation, whitepaper release, community building
2025 Q2 Airdrops, listing on DEX (Raydium), marketing campaigns
2025 Q3 Listings on centralized exchanges, NFT launch
2025 Q4 Staking mechanism introduction, global growth campaigns
6. Ecosystem Advantages
• Fast and Affordable Transactions: Powered by Solana’s infrastructure.
• Eco-Friendly: Energy-efficient Proof of Stake (PoS).
• Versatile: Expansion through NFTs and community-focused projects.
7. Competitive Edge
Unlike competitors like Dogecoin or Shiba Inu, ToE:
• Leverages Solana’s low-cost, high-speed blockchain.
• Provides extensive utility through NFT and gaming integrations.
8. Rewards System
ToE’s rewards mechanism is based on a Brotherhood System, which focuses on fostering collaboration within the community. This system uses status-based scoring levels to determine reward distribution.
Users can:
• Earn status points through active contributions to the community.
• Participate in staking to accumulate points.
• Engage with NFTs and ecosystem activities to climb the status ranks.
Higher status levels grant users access to larger portions of the reward pool, encouraging active engagement in the ecosystem. This ensures fair and meaningful reward distribution based on user contribution.
9. Risks and Mitigation
Risks:
• Declining interest in meme coins
• Regulatory challenges
Mitigation Strategies:
• Continuous marketing and community engagement
• Establishing a compliant legal framework
10. Conclusion
Truth of Eye (ToE) is ready to make a mark in the crypto world with its strong community, fun ecosystem, and innovative vision. Join us and claim your place in the Truth of Eye!