R0AR Token 2.0 Whitepaper
Introduction to Ethereum Tokens
The Ethereum Network has proven itself as the world’s first ecosystem for permission-less, transparent and immutable software applications. These software applications, typically taking the form of Smart Contracts, can all seamlessly interact with each other. To facilitate this process, various standard protocols have been developed such as the ERC-20 standard for a common ‘token’ format so that these Smart Contracts can pass scarce, owned, and transferable data between one another without a centralized mediator. Up until 2018, almost every ERC-20 token has been distributed in a manner that is generally known to align with ‘securities.’ The tokens were sold to ‘investors’ by the ‘creator’ under the pretenses that the ‘creator’ will perform some action to make the tokens more valuable. The R0AR Token as an ERC-20 Token is different in that it has use case, utility and function coded into it and that function is both inside the R0AR ecosystem itself as well as outside the system. And even more, the users themselves are awarded these tokens for participation in this system as well as they themselves add value to the token by their activities inside the system and platforms and through their participation in decentralizing through holding, staking, farming and/or creating LP. Not to mention, their own use of the token to receive rewards by holding, securing and/or interacting with the R0AR xCHANGE, the centerpiece of the R0AR eco-system.
History
The R0AR Token was first created and minted in 2023 as a Solidity contract and is a decentralized utility token intended to provide a foundation for users of the R0AR eco-system including the R0AR xCHANGE and other platforms currently in development. It is distributed to the users as well as the R0AR treasury and FierceLabs DAO treasury where the community together makes the decisions on it’s future expanded use. It’s first use is for the function of the R0AR xCHANGE (which will be released shortly after the token’s LP listings) and the entire R0AR Platform. This platform enables users to research projects in the web 3.0 space using a proprietary rating system developed by FierceLabs. It’s function, use case and utility will be described below. These use cases and the current utility are not exhaustive. There are future projects for the eco-system that will expand the use for holders as well as there are always more uses for the community as they, themselves develop more or integrate this token in other platforms and solutions related to our systems. The R0AR Token uses a services model implemented as a smart contract that extends the ERC-20 Ethereum token standard.
Eco-System
R0AR xCHANGE
R0AR Portal
Crypto Learning Platform
Internal commerce
R0AR Rating System (Algorithm & AI) We are constantly improving our system to place ourselves as a type of Moody’s and S&P of the Web 3.0 world. With our logic, programming, algorithms and now introducing machine learning and bots, we are strengthening our ability to better rate projects in the Crypto, Blockchain and Web 3.0 worlds.
R0AR Token
The R0AR Token is coded on the ERC20 protocol standard. By using the ERC20 standard, we have compatibility with the Ethereum Blockchain, which is the most highly used protocol. It’s code is open-source and upgradeable. The R0AR xCHANGE which it powers and rewards is an xCHANGE being coded in a similar manner to the UNI V2 mechanism. It is described more fully in it’s own Whitepapers and documentation.
The R0AR Platform, which it powers is a private, membership required, investor/advisor portal for research and rating of web 3.0 projects. The further educational platform utilizes the R0AR token for it’s actual function, so that users are able to transact and test the very fundamentals of blockchain they are learning about.
The R0AR eco-system further has rewards built into the actual commerce of the platforms that are interoperable and allows users to purchase, upgrade or add to their experiences where there is almost a gamified approach.
All of these are not exhaustive functions of the token inside of our system and there are next phases that will be revealed in our roadmap through the rest of 2023 and on into 2024 and 2025. In addition to providing a foundation for content platforms and applications, the R0AR Token offers a variety of benefits to application implementers. The opt-in structure and service listing approach of the token allow for it to be integrated in a variety of platform and application types. Provisioning and linked transfer features allow for deep integration in fully decentralized applications. The smart contract compatibility offered by the token, particularly in relation to the delegated security and token receipt address mechanisms, allow for the token to be used and extended in many different scenarios.
Token Launch Summary***
The R0AR token is used inside of the R0AR eco-system and can expand out of that system. The tokens are held in the R0AR treasury and are distributed to users as they participate in the system.
*All detailed numbers included in the whitepaper draft are subject to change
The purpose of this White Paper is to present R0AR, a web 3.0, blockchain, crypto research and ratings platform, to potential community members who join the R0AR community in connection with the proposed R0AR Token launch and airdrop. The information set forth in this White Paper is not exhaustive and does not imply any elements of a contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential token holders in order for them to determine whether to undertake a thorough analysis of R0AR with the intent of acquiring R0AR Tokens. Any agreement(s) between R0AR or any of its subsidiaries and you to purchase R0AR Tokens are to be governed by a separate token sale document. In the event of any inconsistency between this White Paper and the token sale document, the token sale document shall prevail. Nothing in this White Paper shall be deemed to constitute a prospectus of any sort of a solicitation for investment, nor does it, in any way, pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. The White Paper is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction that are designed to protect investors. The information, statements, estimates, projections and opinions in this White Paper regarding the projected terms and performance of the R0AR platform, are selective and subject to updating, expansion, revision, independent verification and amendment; provided, however, that none of R0AR or any of its affiliates hereby undertakes any obligation to provide updates to the information contained herein. As such, neither R0AR nor any of its affiliates is making any representation or warranty or undertaking, including those in relation to the truth, accuracy and completeness of any of the information set out in this White Paper. None of the contents of this White Paper constitutes legal, financial, tax or other advice and we encourage you to consult with the relevant professional advisors independently. The regulatory status of cryptographic tokens, including any cryptocurrency, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. The publication and dissemination of this White Paper do not imply that any relevant laws, regulations and rules have been complied with. No regulatory authority has examined or approved this White Paper. Where any relevant governmental authority makes changes to existing laws, regulations and/or rules, it may have a material adverse effect and/or impair the ability of the R0AR platform to function as intended, or at all. This White Paper is for general information purposes only and is not an advertisement. Distribution of this White Paper may be restricted or prohibited by law or regulatory authority in your jurisdiction. Recipients should inform themselves of and comply with all such restrictions or prohibitions and neither R0AR nor any of its affiliates accept any liability to any person in relation thereto. Jurisdiction & Participation Restrictions The R0AR Tokens shall not be sold to any person that is, or is purchasing on behalf of, a citizen or resident of, or a person located in or with a primary residence or domicile in, the People’s Republic of China, the Republic of Korea or any other country or jurisdiction in which access to or use of crypto tokens and/or digital tokens is prohibited by law, decree, regulation, treaty or administrative act. R0AR may take all necessary and appropriate actions, in its sole discretion, including referral of information to the appropriate authorities, to invalidate any purchases of R0AR Tokens in violation of these restrictions.