Title: How The Ollie Token System Will Try To Increase bitcoin Adoption Through skatebo Post by: YourOllie.com on May 25, 2018, 05:23:12 PM Know our website: https://yourollie.com Watch the presentation video: https://www.youtube.com/watch?v=nu3hdsZlEkw Full white paper with pictures: https://yourollie.com/ollie-paper Read the information carefully. We are trying to change the world. Skateboard is one of the most popular sport on earth, if not the most one. For sure, if you do not skate, you may know people who does. Skateboards is everywhere, from sport shops to supermarkets. In every town you can find people from different ages and walk of life who skates or had skate before. Skateboard games are made since 1999 for different consoles, beginning with PlayStation, and going to Dreamcast, Nintendo 64, PC, Game Boy Color, Gameboy Advance, GameCube and Xbox. Every generation have been had an opportunity to be engaged with this great sport. The number of skateboarders in the United States exceeds the millions and much more can skaters easy be found all over the world. The problem to solve You may ask: Where do all these people goes to skate? Many cities around the globe, have no skatepark around, or at least an old skatepark with no repairs and care to do. This problem is letting no choice for does who get in love with the sport. So, they ride their skateboards from home to school, to work, around school campus, parking lots, and other areas. For sure it’s not the best places to ride, once it’s a risk for people on the street, for property, for vehicles, and most off all, for skateboarders’ which can get fined, hurt, or worse, once everyone who skates more than a year can share with you a story of bad treatment and life risks situations. It is no problem play football at the street, or even ride a bike anywhere, but when you’re are upon a skateboard, the story is different, people normally says: you are free to ride, but not here. So, you may ask: where then? Skateboards need to have a place to learn and do their great tricks. It's not a great problem to ride from a place to another, once the local law allows it, but for an enthusiastic of any kink, player or sportsman, if your city doesn’t have a spot to practice, your city could become one. The Skateboarders commonly are seen for society as outcasts, and nuisances, but guess what? we are the society, and we can make the difference. 2. The Skateboarding solution 2.1. The Skatepark People normally thinks that there is so few people looking for solving the skateboard problem, but to solve a generalized problem you don’t need more than a few people here and there to gather a crowd to help. There is why, YourOllie.com stands up to make this crowd get united in a purpose: Help skateboard community to grown and be respected. 2.2. What a Skateboard park is for? The definition of a Park can be fund as: "A park is an area of natural, semi-natural or planted space set aside for human enjoyment and recreation or for the protection of wildlife or natural habitats." A Skateboard Park is useful for all those things and much more. Let’s see the full Picture: 2.2.1. As a Skateboarder perspective, a skatepark is a safe and nice environment for practice the sport. Numerous accidents have been occurred with Skateboarder outside of skatepark as been injuries at falls in to not appropriate surface, and collisions with pedestrians and car. 2.2.2. As a parent’s perspective, a skatepark is a way to reduce illicit behavior, and a contained place for the good sake of their children. The discipline found in sports, and the sense of purpose and group participation that apply there, allows the individual to abstain from problems and to develop in a sustainable way as an active citizen. Keep the youth active is the best way to keep they out of trouble. 2.2.3. As a neighborhood perspective, a skatepark avoid damage in to private property. It's should not be a problem, but it is, and plenty videos on social media can be seen where private property is damage by skateboarders. The question here is not the behavior of some skaters who disrespect other’s people property, but what can be done to avoid that situation. Be disrespectful is a problem to be solve at home, but no one can break in to somebody homes to teach their children a lesson, but we can provide the youth an attractive place where they can be attracted to, in order to avoid private property. It is well stablished that we will not be able to solve this property situation completely, but we can help good youth and parents to chill a bit that now that their children will not cause any trouble for themselves, and other people. 2.2.4. As a healthcare professional perspective, a Skatepark promotes physical and mental health. No one can argue that sports need to make part of our lives. The implications of sedentary body can cost more than a scary health problem to most people. For a very long time, doctor and specialists have been begging the society to improve their life style, adding to it, a healthy sport practice. Diseases as: (A)- Diabetes; who includes a large portion of society: It can be stated that 1 in 11 adults has diabetes (425 million). 1 in 2 adults with diabetes is undiagnosed (212 million). 1 in 6 births is affected by hyperglycemia in pregnancy. (B)- Heart disease; who took a globally portion of 422.7 million prevalent cases of cardiovascular disease just in 2015. (C)- Obesity; who currently afflicts 21.8% of the total global population and 33.9% of the US. (D)- Sedentary lifestyle: It can be stated that 12 hours, is the amount of time the average person is sitting a day, therefor the sedentary lifestyle is guilty of 3.2 million deaths a year and it is the 4th leading risk factor for global mortality. Therefore, in a study of a million people the results fund that physical inactivity costs the global economy $67.5 billion a year in healthcare and productivity losses. 2.2.5. And last but not least: As an enterprise perspective, a skatepark have a positive economic impact through the area its placed. Maybe you don’t care about a smartphone or a new brand MacBook or PS4, but you children does. And the advertising industry knows that, and it has investing on make propaganda for this new generation. A skatepark may not make your eyes shine, but it will make your child's eyes do. Wherever a skatepark is built, skate shops, Hot dog cars, grocer's store, and other business appear, bringing new jobs opportunities, and increasing local taxes revenue. Not to mention that a good skatepark will bring new people for the area, coming from the most unexpected distances, some just to play on the park, other even to live in the area, don't be silly about the power of persuasion that a child has in his family projects. A small town never need to worry about growing every business in the city to be a sustainable area, the city leaders just need to make their city been notice in it surrounds area with just one good reason to have been noticed for. YouOllie.com is a Visionary website that wants to bring dreams to realty. 3. What about Ollie Token, what those Token are for? 3.1. First of all, the Ollie Token intends to help manage the community decisions and plans. 3.2. Ollie is not a currency, but a Token to make the yourollie.com project functional. 3.3. We want to be clear that we never intend to be the currency of the world, but we want to be a nice social model for skateboarders, and then make the world skate. Ollie is an idea that has been dreamed years ago for many skateboarders: a way makes many people have a proper place to train, and the respect from the community. Our Goal is to raise funds in order create skateparks all over the world! Big dream? We don't think so. We don’t need one person to donate 1 Billion dollars to our project. We just need 1 Billion people willing to do something for other people, willing to make a small big change on the world through a small donation. 4. Let’s explain how we want to do it: 4.1. Tokens and Donations YourOllie.com will be open for donation since 08 of July of 2018 to 08 of August of 2018 in order to raise money to begin working out our vision. 4.1.1. Every dollar you donate we will give you 10 Ollie Token as a fun way to say Thank you for supporting our dream. 4.1.2. If your donation is from $100,00 USD to $999,00 USD worth of crypto or more, you will receive the number of gratitude Tokens corresponding to the number of dollars’ worth of crypto donated + another 10% of the number of Tokens received in RV. 4.1.3. If your donation is from $1.000,00 UDS to $9.999,00 USD worth of crypto or more, you will receive the number of gratitude Tokens corresponding to the number of dollars worth of crypto donated + another 30% of the number of Tokens received in RV. 4.1.4. If your donation is from $10.000,00 UDS to $99.999,00 USD worth of crypto or more, you will receive the number of gratitude Tokens corresponding to the number of dollars worth of crypto donated + another 40% of the number of Tokens received in RV. 4.1.5. If your donation is from $100.000,00 USD to $999.000,00 USD UDS worth of crypto or more, you will receive the number of gratitude Tokens corresponding to the number of dollars worth of crypto donated + another 50% of the number of Tokens received in RV. 4.1.6. If your donation is from $1.000.000,00 worth of crypto or more, you will receive the number of gratitude Tokens corresponding to the number of dollars worth of crypto donated + another 70% of the number of Tokens received in RV. 4.2. Supply and Distribution _________________________________________ | Minimum Cap: USD 8.000.000 worth of crypto | Medium Cap: USD 80.000.000 worth of crypto | Maximum Cap: USD 800.000.000 worth of crypto | | Thank You Token per Dollar: 10 Ollies Tokens | _________________________________________| Max Supply: 8.800.000.000 Circulating Supply: ________________800.000.000.000_Ollie 5 years Locked Supply: _________________800.000.000_Ollie 4.2.1. Skate Park Projects: _____________________200.000.000_USD Reserve made to build 400 Skateparks globally. (Last research has counted 245 skateparks in the world in a proper condition to be used). (Everyone can make their own project for they own community) (The responsible for the project application need to fund at least 50% of the total skatepark cost needed to the whole project) (The projects to be funded need to be approved officially by the community leader, where the future skatepark will be built) (The donations will be made on products and materials, NOT in cash, unless the amounts are required to pay builders, which will be directly transferred to the company) (Two Skatepark from the same city or neighboring cities will be not allowed) (The maximum cost to be given to help each project will be 700.000.000 USD) (The projects to be funded need to be approved by the Ollie community) 4.2.2. Products, Development and Team: __________150.000.000_USD Reserve made to technical and team development. (The community development will be our priority making the Ollie Token Useful for local business and per to for transaction) 4.2.3. Sponsor: _____________________________100.000.000_USD Reserve made to our sponsor program. (We are willing to sponsor around 3.000 Skaters for 1 year each one along trough 3 years period with Ollie coins and Partners) (To be sponsor you will need to have at least 10.000 follows in social media and win the community election for the month) (Two skaters from the same state will be not allowed to be sponsor at the season) (The complete set of rules will be available before the first election) 4.2.4. Advertisement for further donations: ________100.000.000_USD Reserve made to spread our community. (Advertising is everything. Let's bring more people for our cause) 4.2.5. Exchanges Application: ___________________50.000.000_USD Reserve made to make the Ollie Token more liquid. (Our goal is trying to reach as much Exchanges as we could to) 4.2.6. Support local Shops______________________50.000.000_USD Reserve made to help local skate shops owners, so they can keep supporting the growth of the Skateboard community. (Everyone can make their own project for they own community or store) (The local shop will be helped with months of rent, products, land, or construction help) (The responsible for the project application need to fund at least 75% of the total help cost needed to the whole project) (The donations will be made on products and materials, NOT in cash, unless the amounts are required to pay builders, which will be directly transferred to the company) (Two shops from the same city or neighboring cities will be not allowed) (The maximum cost to be given to help each project will be 10.000 USD) (The local shop need to have at least 1.000 follows in social media) (The projects to be funded need to be approved by the Ollie community) 4.2.7. Events and donations_____________________50.000.000_USD Reserve made make events globally. (The events will be sponsored with cryptocurrency, managed for the Ollie coin team or partners, and the location will be chosen by the community.) (The event will begin as an annual event) (A different country will be needed to be chosen every year) 4.2.8. Create local Shops______________________100.000.000_USD Reserve made to create local shops in areas where there are no skate shops around, where Ollie Tokens can be used, as well as many other tokens. Those Shops will be Owned by YourOllie.com, and it will attempt to bring more liquidity to Ollie Tokens. 5. Priorities: 5.1. 1° Place (Shot Term Investment) Create new skateparks in different areas. Sponsor skaters easier and decentralized. Promote skateboard events in different areas. 5.2. 2° Place (Middle Term Investment) To be a faster and simple worldwide transaction platform betweenn customers and services for skateboard. To be a peer to peer skateboarders transaction platform. To create a global skate community. To support local business and Open new Skate Shops. 5.3. 3° Place (Long Term Investment) To make the world a better place. 6. Read this before donating: We are not doing an ICO. We are receiving donation in cryptocurrency for the site (YourOllie.com) project. The amount collected, its purposes and the way it will be used is in total responsibility of Yourollie.com The token distribution will be made to say thank you for the ones who believed and donate for the project. The Token purpose will be expanding as the community grown. The donation is going to continue a month later after the first phase donation until all Thank You Token is gone. The token will continue to be distributed with a new price rate after the first phase donation based on the trading value of the month, week or day. Once the donation is the focus here, after the last Token from the 8.000.000.000 Ollie Tokens be given to say thank you for our donors, the announce of the last Thank You Token given will be proper made in all our social media channels, and the site will close donation for a week. After a week donation closed, the donation will be reopened, but without Thank You Token distribution. Since beginning of distribution 800.000.000 Ollie Token will be locked for 5 years for long term sustainability purpose. The tokens that are going to be given to skateboarders sponsored by yourollie.com will be bought at common price on the market, and then used to be distributed among sponsored skateboarders. This will be one way to continue to providing liquidity to the Ollie Token. _____________________________________________________ The youollie.com continues support this project even though fund raising does not reach its minimum of 8 million dollars. -If donations reach 8 million or less the donation will be used to: Invest in propaganda for the project. To open yourollie.com online Skate Shop in order to pay the expenses and make the payment of the cost aid of the team behind the project, to sustain the site, and to give Ollie token its first utility in real world. -If donations reach from 8 million to 80 million the donation will be used to: Invest in propaganda for the project. To open yourollie.com online Skate Shop in order to pay the expenses and make the payment of the cost aid of the team behind the project, to sustain the site, and to give Ollie token its first utility in real world. To open the election to choose the places to build the first skateparks and sponsor the first skateboarders. -If donations reach from 80 million to 800 million the donation will be used to: Everything planning for the project are ready to happen! Here everything will happen in the proportion to the amount of donation reached. The number proposed of skate park to be built with maximum donation reached is 400, but the number can be changed for at least 250 parks to double the number of skateparks in the world. The maximum value to be voted by the community for the approval of the construction of a new skatepark will be equal to the remaining value of funds divided by the remaining number of parks to reach the minimum number of 250 parks. ______________________________________________________ The Proposal is, at least 1 skatepark project will approved and build every month. (An yourollie.com team member or partner will be responsible to follow the new construction, and the next one could begin sooner or later, depends on the time the construction time will be needed to finish with perfection the job planed). For a faster growth in the number of parks built we will seek to increase the number of team members and partners. The community can also help in the constructions, if able to, to save money for upcoming park constructions. The vote will require one Ollie token with will be direct send to park construction fund. Each Ollie Token used to vote will go directly to refund the specific reserve of the subject handled in the voting. The different reserves we have are: Reserve made to Build Skateparks Reserve made to Technical and team development. Reserve made to Our sponsor program. Reserve made to Advertisement. Reserve made to Ollie Token liquidity. Reserve made to Help local skate shops. Reserve made to Global Events. 7.1. Ollie Token; Liquidity proposal: YourOllie.com will receive funds from donors. The funds will be manager in USD and the coins that was received at first phase donation in order to guarantee a smooth work all over the years. Once the YourOllie.com want to make a transfer to donate for constructions, sponsored skateboarders, events, help skate shops or pay for advertisement from reserve funds, after community election, Then The Ollie Token are going to be bought from an exchange in order to transfer the funds. The constructions expenses, sponsored skateboarders, event expenses, skate shops donations or advertisement expenses will be paid with Ollie Token, or in other ways if impossible for the service provider, which will be a rare exception. Once the goal here is to make the Ollie Token useful throughout the community. Once the constructions expenses, sponsored skateboarders, event expenses, skate shops donations or advertisement expenses, the new owner of the token will choose what to do with the token received, which can be: save the tokens and accumulate them, purchase products, transfer for other people, to vote in the Ollie system or change for other currencies, which will bring the token for an exchange and make it circulate even more. In the first phase of donations, only crypto will be accepted. In the first phase of donations the Ollie Token will be distributed as a way to say thank you for donors. In the second phase of donations, crypto and local currencies will be accepted. In the second phase of donations the RVs will be distributed as a way to say thank you for donors. RV means voting right and will be used in the election as an alternative way to participate in the Ollie elections. The voting system was made to replenish capital in all reserve funds for future donations and use. 10% of the voting system will be used to replenish Development and Team reserves. 7.2. Voting System Explained The YourOllie.com Voting System was developed with the Intent to replenish reserve funds for future projects and to keep the system working in a sustainable and decentralized manner. At first, the value of the vote will be tied to the full value of each Ollie Token, this value will be reviewed every 3 months for the good of the progress and long-term sustainability of the diverse projects presented here. Members of the YourOllie.com community and other participants of the crypto-coin world could participate without initial restrictions on the voting of the projects. Interventions and restrictions may be added in the future if the decentralization of votes is greatly affected. The vote will be concluded after a minimum quota of votes made by the community and it may be extended for some months until the conclusion of the minimum quota of votes for a given project. The minimum quota of votes will be stipulated considering the size of the investment to be made in the voting process. Every minimum quota will be presented by YourOllie.com team before the opening of each project for election. Any owner of Ollie Tokens can participate in elections to approve community projects using their tokens. The donors who made a contribution for the development of YourOllie.com and their projects, at the second phase donation, will not receive any Ollie Token, but they will have received in a way of gratitude The Right of Vote (RV) in the Community. RV is the abbreviation determined in the system to designate The Right to Vote. Even without Ollie Token to take part in the election, these donors, mentioned above, will have access to another easy and quick way to participate in the elections. The amount of Right to Vote received by the second phase donors will be tied to the amount donated. One Right to Vote for each dollar donated. A Right to Vote always will represent a contribution of one dollar in the vote system. The Right to vote do not represent a complete vote, once each vote are linked with the Ollie Token Price. So, a Right to Vote could be worth more than a vote or less than a vote according with the Ollie Token Price. The number of coins or voting rights used by a single portfolio to participate in the most diverse elections shall not exceed 20% of the minimum value proposed to finalize the voting. If a portfolio is responsible for donating 20.01% or more of the minimum value to complete the election, the portfolio in question must prove that the address is bestowed on a group of persons and not just on an individual. The calculation made to account the Right to vote in an election will be simple: Each Token that represent the Right to vote will be represented for one dollar. The value corresponding to the effectuation of a vote will be linked to the value of a Ollie Token. According to Ollie Token's quotation on vote counting day, the total number of Right to vote will be counted and divided by the effective value of Ollie Token. The results will be the number of votes to be added to the default voting system made through the Ollie Tokens. 8. Reserve Explained The reserve fund was created to meet the most diverse needs of the community. Thus, the value they find there is entirely intended for the purposes by which they were stored. Each reserve fund will be replenished through the project election system. Each project will have the funds raised in its election to help keep the project fund in constant use and replenishment so that the global improvements proposed by this project can last in the long term The expenses related to lodging, food and travel two supervisors of the construction of skate parks and supervisors used to accompany the reform and implementation of skate shops, will be part of each fund and its area of development and support. The expenses of the reserve funds will be opened to the community so that the members of the community can analyze the data and vote with more awareness and conviction in the following proposals. Remember that information and rules can be added or changed to Ollie Paper with internal elections from YourOllie.com 's leadership team with the support of the judicial team in order to have a well-governed and transparent community. The final Ollie Paper will be launched sometime after our full operation in order to encompass small and large rules in order to serve not only local communities but also global governmental demands. In the team of YourOllie.com we are far from perfect, but we are working day and night so that you can have the best system of development of the community of skateboards at your entire disposal. Ollie Paper: https://yourollie.com/ollie-paper For more information access: https://yourollie.com Contact us at: contact@yourollie.com for any questions. Contact us at: applications@yourollie.com for send projects and sponsorship forms to elections Contact us at: donations@yourollie.com for donation questions. Contact us at: lopes@yourollie.com for legal issues. |