LITEPAPER

The name takes its inspiration from its forefather and successful financial publication, ‘The Economist’, with the ‘D’ standing for Decentralisation and the ‘3’ standing for web3.

Decentralisation + Web3 + economist = D3conomist [ dih-kon-uh-mist ]

Introduction

D3conomist is a publication, network & seedpad on the hunt for the next big innovation in Web3. We aim to be diverse with our coverage of topics & projects in our [free to read&collect] publication, as well as the projects we chose to launch on our seedpad. The only definite criteria is that it falls under the general focus of decentralisation. All of our writers will remain anonymous, as we feel one collective voice is more powerful than many individual voices alone. Additional to this, we feel it satisfies a core principle of Web3, whereby people are able to have a voice without experiencing prejudice due to gender, race, religion etc.

“A mask tells us more than a face”—Oscar Wilde

As a team, we’ve been involved in Crypto/Web3 for over a decade now and as such have established some strong connections in the space. We therefore already have some distinguished teams looking to launch with us. By leveraging our network, we & our fellow D3conomists can grow & prosper in a way unimaginable alone.

“The whole is something besides the parts”—Aristotle

We’re launching the D3conomist-NFT for exclusive access into our entire ecosystem.

D3conomist-NFT The D3conomist-NFT is one for the true OGs. It will be the one&only golden ticket into our entire ecosystem of products & services. Holders will get access to our network, seedpad, Web3 mentors, NFT-generator, NFT list-builder & more. The D3conomist-NFT will be the only NFT to provide this level of utility.

D3conomist-NFT utility:

• Guaranteed access to Seedpad w/ NFTs [D3seedpad]

• Free use of NFT generator [D3generator]

• Free use of NFT list-builder [D3mint] • Exclusive entrance to private chat with Web3 mentors [D3velop] (on rotation - not all 2000 at once!)

• 100% of [net] D3-pfp mint revenue goes back to holders (in ETH - no creator-fees)

• Zero fees for launching own projects (providing project gets approval from mentor-board)

Total Supply: 2500 D3conomist-NFTs

Team: 300 NFTs

Promo: 112 NFTs

Total Mint: 2088 NFTs

Mint Price WL (Guaranteed): 0.2 ETH

Mint Price WL (FCFS): 0.2 ETH

Mint Price (Public): 0.25 ETH

Let’s dive a little deeper into each element of utility that holders of the D3conomist-NFT will benefit from:

Community pfp-NFT - [D3-pfp]

Soon after the D3conomist-NFT mint, the holder community will have the opportunity to be part of creating a pfp collection together with our experienced expirienced founder sexy.web3. He will also provide strategy & design tips.

• This process will involve workshops delivered by our team, community chats where ideas can be exchanged, as well as a voting system to decide on the final design.

• We want the D3-pfp to truly embody our community, and for its journey to encompass the full capabilities of NFTs. This way the community will feel a true sense of ownership whilst being part of the evolving story of NFTs.

• Every D3conomist-NFT holder will each receive one complimentary pfp-NFT, as well as an equal share of the mint revenue. We want everyone to feel like they’re an integral part of the community from the very beginning, and feel they’ve contributed towards the shared success of D3conomist!

D3-pfp utility:

• Raffle ticket for access to Seedchpad w/ NFTs [D3seedpad]

• Discount on use of NFT generator [D3generator]

• Discount on use of NFT list-builder [D3mint]

• Discount on fees for launching own projects (providing project gets approval from mentorboard)

Web3 Mentors - [D3velop]

The Web3 Mentors will feature regularly on our podcasts to provide valuable knowledge & insights on how to develop your skills & knowhow in order to level-up your Web3 & enterprise game. Some of the content will be kept exclusive to Deconomist-NFT holders.

Some of the professions of our mentors:

• Software / Smart-contract Engineer
• Artist / Designer
• Marketer
• Copywriter
• Video Editor / Producer
• Social-media Manager
• Community Manager
• Security Architect
• Professional ‘TA’ Trader
• One of our mentors is an experienced trader who will be providing online courses, covering areas such as TA and how to analyse charts, as well as making trading decisions based upon that analysis. Holders of the D3conomist-NFT will get free access to these online masterclasses.

Seedpad with NFTs - [D3launchpad]

‘Where can I make the biggest long term gains?’ I hear you ask... No, not by investing in that YouTube shilled token, but by backing a good project in its early stages. It sounds obvious, but with current systems there are barriers to doing so. You either need to A) have large amounts of capital, or B) spend hours & hours in front of a screen to discover such hidden gems.

With the D3launchpad (Launchpad w/ NFTs), we’re looking to remove such barriers. We want to use our many years of experience in Crypto/Web3 to critically evaluate projects, and offer only the best to our holders at seed round entry levels. Prior to public sale, the launchpad is accessed by simply holding a D3conomist-NFT - no staking required!

Here at D3conomist, we’re firm believers in KISSing (Keeping-It-Simple-Stupid). We’re looking to keep things as straightforward and transparent as possible. We feel an ease of understanding will lower barriers to entry, leading to greater traction.

Advantages of using D3launchpad:

For backers

Supporting a project

  • Fair - seed round entries for all.

  • Projects vetted - by our highly experienced team of backers & devs.

  • Vesting - of project funds - extra protection.

  • No KYC - we value your privacy.

— Holding a D3conomist-NFT

  • NO staking - no locking - just instant utility.

  • NO front-running - with staking/un-staking by large backers.

  • NO gas wars - guaranteed spot for 3-7days - no need to rush.

—no VCs—no staking—no KYC—no gas-wars.

For founders

Launching a Project

  • Simple - straight forward for backers to understand.

  • Fair - with minting limits & bot-protected smart contracts.

  • NFTs - build a strong community

  • Community - instantly tap into our community & network.

  • Brand - immediate identity for backers - helps spread awareness.

  • Consultation - from our experienced team - on project, artwork, marketing & more.

  • Promotion - via our established channels & project-specific partner channels.

Previous Launch Methods

Up until now, launch methods have failed to offer such fair opportunities to the many looking to get into strong projects at early stages. We’ve come a long way since the ICOs (Initial Coin Offerings) of 2017. Since then, we’ve seen the advent of IDOs, IEOs & LBPs (Initial DEX Offerings, Initial Exchange Offerings & Liquidity Bootstrapping Pools respectively). The main difference between IEOs and IDOs being, an IEO is carried out via a centralised exchange and IDO via a decentralised exchange (DEX). Whilst they are both safer, fairer and more transparent than ICOs, they still have their shortcomings.

With IEOs and IDO [launchpads], the backer still has to reveal their personal information with KYC (Know Your Customer). On top of this, for IEOs, projects usually have to pay a large sum up front to be listed on an exchange, especially the bigger ones. They’re also normally made to sign an exclusivity agreement, so they can’t be listed on any other exchange.

While IDOs do offer projects a way to raise funds without paying large sums up front, they also [a lot of the time] come after one or two seed funding rounds. This means IDO backers are not entering the project at ground level, and will most certainly be paying a higher price than earlier backers, eg. VCs. This can lead to disgruntled backers, who are made to feel less important than earlier backers.

Another point to mention, is that IDOs are normally carried out via an IDO-launchpad. These launchpads usually require the staking of their token for a set period of time to qualify for the sale, which can often be to the detriment of the smaller backers. Due to the more immediate availability of funds (and sometimes information), large backers are able to stake prior to others, and in turn are able to un-stake & sell before others, ie. front-running. Many are forced to sit and watch as the value of their locked up tokens depreciates.

We’ve also since seen the introduction of LBPs. They work similarly to a dutch auction, in the sense that the price starts high and falls over time. Backers are advised to ‘buy when they feel the price is fair’. As fair and interesting as this method sounds, people often struggle to understand the mechanics behind it, and wonder why they paid a higher price (per token) than others who bought in later. There can also be a lot of hype involved in them, causing people to lose touch with the true value of the token, inevitably feeling FOMO (Fear Of Missing Out) and overpaying. On top of this, LBPs often come after seed rounds - see issues above.

Introducing D3launchpad

D3conomist Launchpad w/ NFTs

Enter D3conomist’s proprietary D3launchpad (Launchpad w/ NFTs) - a novel crowd-funding platform, enabling Crypto/Web3 projects to raise start-up capital through the sale of L-NFTs.

D3conomist is pioneering this model and our launchpad (w/ NFTs) will be a first of its kind.

Key difference to IEO / IDO-Launchpads:

• No Staking required.
As mentioned before, IDO launchpads usually require backers to stake their native token for a set time, leaving smaller backers open to front-running. Our launchpad simply requires you to hold a D3conomist-NFT for guaranteed / exclusive access for up to one week—no staking—no gas wars.

Key difference to all previous methods:

• Everybody gets in at same/seed entry levels.
Normally, getting in at such an early stage of a project would require a hefty amount of capital and would not be an option for many small backers. A key criteria for projects looking to launch on D3launchpad, is having no previous rounds of funding, ie. no VCs. This means every backer is getting in at ground level, fostering a greater respect between them & the project team.

What is an L-NFT?

L-NFT stands for ‘Launchpad-NFT’. This refers to the NFT (Non-Fungible-Token) being offered by the launching project, of which holders of the D3conomist-NFT will be given an exclusive opportunity to purchase.

Launch Process:

For Backers

Supporting a project

  1. Read project white/litepaper

    The backer must read the launching project’s white/litepaper to fully understand what the project is aiming to achieve and how they will achieve it, in what timeframe. The white/litepaper will also state whether or not the project plans to have an airdrop event. If they do, it will state what percentage of the projects total token supply will be allocated to the total amount of L-NFTs.

    Eg. If a project states they will airdrop 20% of their total token supply to a total amount of 10,000 L-NFTs, then each L-NFT will receive 0.002% of the total supply of tokens.

  2. Hold D3conomist-NFT (Guaranteed access)

    In order to have guaranteed access to purchasing an L-NFT [of the launching project], the backer must hold a D3conomist-NFT in their wallet. The backer will be guaranteed access to 1x L-NFT for each D3conomist-NFT they hold, for the ample time period of up to 7 days. This helps to alleviate gas wars. The backer does not have to stake their D3conomist-NFT in order to be guaranteed an L-NFT purchase.

  3. Purchase L-NFT

    If the backer decides they like what they see in a project’s white/litepaper and would like to support it, they can go ahead and purchase an L-NFT during the launch phase. The L-NFT is just like any other NFT and so will be immediately transferable. We will therefore display an up to date airdrop status of all NFTs on our site.

  4. Airdrop?

    If a project has outlined an airdrop event in its white/litepaper, then upon the launch of their native token, the holder of the L-NFT will receive the correct proportion of the project’s total token supply in their wallet. This amount will be in accordance with the percentage stated previously in the white/litepaper (see step 1 for example).

For Founders

Launching a Project

  1. Review

    We will use our collective experience to evaluate each project application; looking at things such as team pedigree, transparency of work, innovation of product & whether it’s solving an important existing problem, as well as the overall long-term vision & goals of the project. If a project gets approved, we’ll then agree a minimum % of their token supply to be airdropped evenly between holders of their L-NFT. Projects are free to provide extra value to holders at their own discretion.

  2. Art

    Projects can choose to use their own artwork, or we can provide it for them. In either case, a consultation will be offered, as we feel it’s a very important aspect to get right. Artwork is an opportunity for projects to give backers something they can visually identify with straight away, and use to help spread awareness.

  3. Minting

    We can then provide bot protected smart contracts with mint limits, along with a fully decentralised mint site.

  4. Promote

    We will then promote the project via our established channels, as well as project-specific partner channels. They will have immediate access to our communities as well.

  5. NFT Sale

    Once everything’s ready to go, the project’s NFTs will be offered exclusively to holders of the D3conomist-NFT for a limited time (3-7 days). No staking or locking required - just holding. Holders will be guaranteed the option to buy 1x L-NFT per 1x D3conomist-NFT held, within the pre-set time period. This will help alleviate gas wars and provide prospective backers with plenty of time to prepare funds. After this period the sale will be opened up to the public, with purchases limited to 1x NFT per wallet.

  6. Funds

    Once the launch is complete, a portion of the funds raised will be immediately released to the project, followed by a vesting schedule for the rest. The amounts / schedule will vary from project to project, however this will be outlined in the white/lite-papers prior to the launch. Based on our 10+ years of experience as a team of backers & developers, we will try our best to set realistic & specific targets from the start. We will then work very closely with the project teams, providing consultancy & advice along the way if needed. This way, we can constantly monitor their progress and keep the project on track. Although we cannot provide 100% guarantee to backers, we will do everything within our means to make sure any project we choose to launch with us is a success.

  7. Airdrop?

    The airdrop schedule for the project’s native token will also be outlined in the lite/white-paper. However, backers will be free to transfer their L-NFTs on the secondary market as soon as the sale is complete. We will therefore display an up to date airdrop status of all L-NFTs on our site.

Fig. 3: Diagram showing example of how funds will flow / be released to a project over time (based on preset targets / timeframes). As well as when an airdrop might flow to backers.
Fig. 3: Diagram showing example of how funds will flow / be released to a project over time (based on preset targets / timeframes). As well as when an airdrop might flow to backers.

NFT Generator - [D3generator]

D3conomist-NFT holders will also get free use of our D3generator, facilitating the creation of their own NFT collection simply from graphic layers, along with mint site & contracts. Extras will be available such as bot-protected smart-contracts, art & design consultation, promotion & more.

NFT List-builder - [D3mint]

We’re developing a tool for NFT-creators to make a registration process for upcoming mints. D3mint will help creators compile access-lists of wallets that have met their pre-set criteria (similar to Premint). It will however, have many additional features to existing tools available today. We cannot disclose these features just yet, so stay tuned. D3conomist-NFT holders will have free use of this tool.

All of the features mentioned are just the beginning for us, and by minting our D3conomist-NFT you will get an early access pass into our entire ecosystem. By getting in this early, you will have the opportunity to grow with us and become an integral part of our success as a community.

Thank you

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