Betterism

Abstract

Betterism is a unique meme coin designed to harness the power and influence of cryptocurrency to create a better future for all. Despite the widespread perception of meme coins as “scam coins,” Betterism seeks to demonstrate that this innovative financial instrument can be used for good, by dedicating a portion of the token supply to support social organizations and charitable causes globally. Betterism combines the potential for high returns in the meme coin space with a mission to drive social impact. This whitepaper outlines the creation, goals, economic model, and distribution mechanisms of the Betterism token.

1. Background of the Token Creation

The emergence of meme coins has reshaped how the world views cryptocurrencies. Initially seen as speculative assets driven by internet culture and social media trends, meme coins have gained widespread attention and amassed large market capitalizations. However, despite their popularity, meme coins are often perceived as speculative, volatile, and at times, even as “scam coins.” This perception has created skepticism among potential investors and the broader public.

Betterism seeks to shift this narrative by leveraging the massive economic potential behind meme coins and redirecting it toward positive social impact. By harnessing the viral power of memes and the growing popularity of cryptocurrencies, Betterism offers a novel approach to tokenomics—one that benefits both its holders and the global community. The aim is to prove that meme coins can be more than just speculative instruments and that they can contribute to a better world.

2. The Idea

Meme Coin as a Business

Meme coins offer a unique opportunity due to their low startup capital requirements and significant potential for upside. They have proven to be an effective way of creating viral growth through community engagement and social media. With the right marketing and support, meme coins can quickly amass large communities and attract attention from investors and users alike.

However, this economic advantage presents a new challenge: how can meme coins be used for a purpose that transcends mere speculation? Betterism’s answer lies in utilizing the economic model of meme coins to support charitable causes and foster positive change.

Token Economic Model

Betterism will allocate 5% of its total token supply (50 million tokens) to be donated to social causes. This allocation will be divided into 5 separate wallets, each designated for a specific charitable organization or community. Each wallet will receive 1% of the total token supply, and the recipients of these wallets will gain access only once the market capitalization of the Betterism token reaches a certain market capitalization tresholds.

Token Distribution Process

1. Token Launch: Upon the launch of Betterism, 5% of the total supply (500 million tokens) will be distributed across 5 designated wallets.
2. Wallet Designation: Each of these 5 wallets will be assigned to a specific charity, social organization, or community. These recipients will not have access to the funds until certain market capitalization tresholds are met.
3. Market Capitalization Milestone: When the Betterism token achieves a certain market capitalization treshold, the designated organizations will be contacted via email. The email will contain the access information for their respective wallets, including:
   • Wallet address
   • Password
   • Secret phrases
4. Access and Usage: Upon receiving the access information, the designated organizations can choose how to use the funds. They can stake the tokens, send the token to their own wallet, trade them with other tokens, or convert them to USDC or fiat currency as needed. The balance of each wallet will be publicly accessible via the Betterism website, ensuring transparency.

Token Transparency

Betterism is committed to transparency. All of the wallet addresses holding the 5% allocated to good causes will be publicly displayed on the Betterism website. This allows the community and the public to verify the balances at any given time, ensuring that the funds are held in escrow until the market cap milestone is reached.

3. Tokenomics

Total Supply

The total supply of Betterism tokens is capped at 10,000,000,000 (10 billion tokens). This capped supply ensures long-term value potential for holders, while also aligning with the goal of creating a sustainable and impactful cryptocurrency.

Token Distribution

The total supply will be distributed as follows:

• 5% (500 million tokens) – Good Cause Wallets: As described, 5% of the total supply will be allocated to 5 wallets, each holding 1% of the total supply, to be distributed to charitable organizations.
• 2.5% (250 million tokens) – Developers: 2.5% of the total supply will be reserved for the development team, to incentivize continued work on the project and further initiatives.
• 2.5% (250 million tokens) – Capital Fund for Future Projects: This portion will be used to fund the creation of future meme coins with different designated charitable organizations or communities, including funding for liquidity pools and coin creation.
• 90% (9 billion tokens) – Public Distribution: The remaining 90% of the total supply will be allocated for public distribution, including through exchanges, airdrops, community events, and staking rewards. This ensures a broad and decentralized distribution of the token.

4. Roadmap

1. Phase 1: Token Launch
   • Launch Betterism on decentralized platforms.
   • Public distribution of tokens to the community.
   • Build Betterism website.
2. Phase 2: Market Cap Milestone
   • This phase is triggered when the market cap tresholds is achieved.
   • Send access instructions to each of the 5 designated organizations.
3. Phase 3: Expansion and Future Projects
   • Continue seeking other organizations for future charitable donations.
   • Use the capital fund to launch new meme coins with the same charitable focus.
   • Explore new opportunities for staking, governance, and further community-driven growth.

5. Legal Disclaimer

This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper. This document does not constitute financial, investment, or legal advice and is not an offer to sell or a solicitation of an offer to buy any cryptocurrency, tokens, or other digital assets. Investors should conduct their own research and consult with professional advisors before making any investment decisions.

6. Conclusion

Betterism aims to prove that meme coins are not just speculative assets, but powerful tools for positive change. By dedicating a portion of its token supply to social causes, Betterism will use the viral potential of meme coins to support organizations that make a real difference in the world. Through transparency, innovative tokenomics, and a commitment to social good, Betterism will redefine the future of meme coins and create a lasting impact on society.

Join us in the Betterism movement and help create a better future for all.