www.DownWithTRUMPCOIN.comWhite Paper here:
http://www.downwithtrumpcoin.com/wp-content/uploads/2017/07/Down-with-TRUMP-COIN-White-Paper-v2.2.pdf“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.”
Plato
“One of the key problems today is that politics is such a disgrace. Good people don’t go into government.”
Mr. Trump
Introduction
This document discusses the DownWithTRUMPCOIN (DWTC) and provides details on the initial coin offering (ICO) and road map for funding legal activities to end Mr. Trump’s Presidency.
Audience
The intended audience is anyone, group or organization that wants to end Mr. Trump’s Presidency using legal means. We also invite Trump supporters to review this document to educate themselves of the benefits of ending Mr. Trump’s Presidency and leveraging evolving blockchain and cryptocurrency technology to achieve this goal.
What Is It?
DWTC is a cryptocurrency that is built on block chain technology allowing for decentralized, borderless, anonymous and instantaneous funding of activities that aid in the legal ending of Donald Trump’s presidency. This coin is the FINTECH solution to provide global funding opportunities to disrupt and hopefully end Mr. Trump’s Presidency using legal means.
Logo
The DWTC logo is poking friendly fun at Mr. Trump. The center head profile shows a two color image of Mr. Trump’s glorious locks of hair flowing in the wind, in the middle of the DWTC coin.
~ . . . Mr. Trumps glorious locks of hair flowing in the wind ~
Purpose of this Document
This document is a tool to educate the world about the purpose of DWTC and what the funding will be used for.
Purpose of DWTC
DWTC’s purpose is to provide a funding mechanism through blockchain technology for organizations and groups to legally end Mr. Trump’s presidency.
We believe that Mr. Trump is not executing his presidency to a high enough quality standard to warrant him remaining as the President of the United States. He is negatively impacting the US and since the US is a global leader in many respects, he is negatively impacting the world in general.
DWTC will provide funding for activities that will end Mr. Trump’s Presidency using legal means.
Objectives
The objectives of DWTC are:
Provide a funding mechanism for activities that will end Mr. Trump’s presidency
Provide a means for people, organizations and groups to anonymously fund activities that will end Mr. Trump’s presidency
Provide a means for people, organizations and groups to fund activities that will end Mr. Trump’s presidency without the implications of cross border transactions
Provide a means for every global citizen that is able to use an Internet enabled device the opportunity to participate with helping end Mr. Trump’s Presidency. The leader of the US impacts us all directly, indirectly, for better or for worse. It is obvious that Mr. Trump’s Presidency is for the worst and as such it is the moral requirement of every global citizen to initiate change through funding activities that will most effectively foster change.
Raise $7.69 million USD in the first round Initial Coin Offering (ICO) to distribute to activities that will ultimately result in the legal termination of Mr. Trump’s Presidency.
Counteract the TRUMPCOIN (
http://www.trumpcoin.com/ ).
Innovations
DWTC is built on Ethereum which is an open blockchain platform that lets anyone build and use decentralized applications that run on blockchain technology. No one controls or owns DWTC – it is an open-source project built on the Ethereum platform. DWTC is designed to be adaptable and flexible to support funding for political change.
Community
DWTC is meant to support and be used by a global community. The cryptocurrency is not bound by nation borders, politics, war, religion, influence or ignorance. DWTC was created to foster the development of a global community and movement to end the fallacy that is the Trump Presidency. The community will consist of:
People – that want to initiate change through funding to activities that legally with aid or ultimately result in the end of Mr. Trump’s presidency
Organizations – that want to participate in the growing concern of initiating a presidential change
Groups – these may be formal or informal, but as we have seen there are many groups that have been formed by people and organizations with the goal of ending Mr. Trump’s presidency.
Team
The DownWithTRUMPCOIN.com current core team consists of the following people.
Morgan Mackenzie – The Lead Technologist and Founder responsible for the strategic direction for DWTC.
Phil Keaves – Developer responsible for DWTC technical development
Rachel Chen – Marketing Manager responsible for marketing DWTC to the world
Bernard Liau – Political advisor
Additional roles to fill include the following.
Global Political Advisor
Developer 2
Developer 3
Business Manager
Business Analyst
Tester
Customer Service Lead
The intent is to keep the team together but note these roles and names may change at any time.
Funding
DWTC will offer the following funding options.
Donations through PayPal – This will be for funding operating expenses until the ICO is complete
Kickstarter – This will be used to fund minor development of DWTC along with leverage the marketing value of the kickstarter process.
Crowdfunding – Various niche crowdfunding mechanisms may be used as required where the maximum benefit may be realized.
ICO – The coin (or token) created to facilitate this will be the DWTC.
Marketing
DWTC profiles, information and links to further documentation will be posted on each of the following sites:
https://bitcointalk.orghttps://twitter.comhttps://medium.comhttps://www.facebook.comhttps://slack.com/www.kickstarter.comICO
DWTC will have an initial coin offering (ICO) within the next three months of the date this document is published. The exact date is to be determined but please visit
www.DownWithTRUMPCOIN.com for more details on the ICO date. An ICO is a means of crowdfunding the release of a new cryptocurrency or activity.
Benefits of a Crypto-Coin
There are plans to enable holders of the coins to vote on which activities will be funded. The more DWTC coins held by someone the more voting power they have. For example, say there are three proposed activities that may receive a donation of $250,000 USD.
1. Rally
2. Political contribution
3. Media public relations campaign
People that have purchased DWTC coins may have the ability to vote on which of the three activities will receive the funds. If the majority of DWTC coin holders vot for number 3, then the $250,000 USDwould be used to fund the media public relations campaign.
Another vote may be held to determine which activity receives $500,000 USD.
1. Rally
2. Political contribution
If the majority of DWTC coin holders vote for number 1, $500,000 USD will be put towards holding a rally.
This is a basic example but explains how distribution of funds may be voted on by DWTC coin holders.
Number of coins (tokens) to be issued
The exact number of coins offered initially will coincide with the remaining days Mr. Trump has in office for his first, and hopefully only term. We hope to end this sooner! For example, as of July 16th, Mr. Trump has 1283 days remaining in office.
Refer to
https://howlonguntiltrumpleaves.com/ to see the remaining days Mr. Trump has left in office on the date this document is being viewed.
The number of coins issued will be calculated as follows.
[Number of Days Remaining if Office] x [1000] = [Number of coins offered at ICO]
If the ICO happened on July 16th, 2017, for example, the number of coins issued would be 1,283,000.
Initial Value of a Coin
The initial value of each DWTC will be determined as follows.
100% - [Mr. Trump’s approval rating] = Initial value of each DWTC
Mr. Trump’s approval rating will be obtained from the following Gallup Poll website and taken from the day before the ICO is issued.
http://www.gallup.com/poll/203198/presidential-approval-ratings-donald-trump.aspxFor example:
If the ICO was to take place on July 17th, 2017, the equation would be:
On July 16th, 2017 the Gallop Poll sited noted above indicates Mr. Trump has an approval rating of 38%, therefore the equation would be:
100% - [Gallop Poll percent] = Number of voters unhappy with Mr. Trump
100% - 38% = 62%
Convert 62% to a monetary value in USD:
62% x $1/100% = $0.62, therefore, the ICO price offered for each DWTC would be $0.62 USD per coin.
As Mr. Trump’s approval rating decreases there will be higher demand for immediate change. As such, more funds will be required to expedite the removal efforts. The other benefit of using this equation for calculating the DWTC ICO value is they will never be more than a dollar, which is very inexpensive, allowing every US citizen and global citizen to participate in funding change.
Initial Market Capitalization
The population size of the US is 321.4 million people, of which 200 million were registered voters. Using the approval rating of 38%, 124 million registered voters are unhappy with Mr. Trump. Not all of these voters will buy a DWTC (unfortunately). A very conservative estimate of the percent of registered voters who will buy a DWTC is 10%. That is 12.4 million voters buying a coin at the ICO price of $0.62 USD. If this happened the funds raised would equal $7.69 million USD raised to fund legal activities to remove Mr. Trump from the Presidency.
Note this does not take into account the global approval rating for Mr. Trump nor does it take into account the population around the globe that is unhappy with his Presidency. If the global population participates in the ICO the initial market capitulation may far exceed the $7.69 million USD.
The target initial market capitalization is $7.69 million USD.
Allocation & Use
The allocation of DWTC coins is planned to be as follows.
The allocation of the DWTC is shown in figure 1.
Figure 1. – Allocation of DWTC coins
Round 1 ICO – The purpose of this allocation is to gather funds for major financial contributions to at least twenty national and five global activities that may end Mr. Trump’s presidency. These funds will be used to assist with marketing to make the world population aware of DWTC and its purpose.
Round 2 ICO - The purpose of this allocation is to make major contributions to competing political parties, organizations that have prolific impact to initiate change in the Presidency.
Round 3 ICO – The purpose of this allocation is to fund competing political parties during the next presidential race.
Advisors – The purpose of this allocation is to pay advisors that have world leading experience in cryptocurrency, political change, disruption and influence using legal means.
Founders – There are no coins for the founders of DWTC. The founders do not believe they should get funds just for coming up with this idea. This idea is no one’s specifically. This idea, movement and change are for the better for the western world, the world population and the planet in general. Many crypto currencies pay the founders exorbitant amounts of money when they have done very little or even nothing. The founders of DWTC believe getting rid of Mr. Trump is just the right thing to do.
~No Founders are paid through the ICO’s ~
The use of the funds is shown in figure 2.
Figure 2 - Use of Funds
The funds will be used as follows.
Funding for Activities for Change – These funds will be directly to supporting activities that may and hopefully will end Mr. Trump’s Presidency using all legal means.
~ The funds will be used to solely and immediately terminate Mr. Trump‘s Presidency using legal means ~
The activities that will be funded may include, but are not limited to:
Rallies across the US
Rallies across the globe
Funding competing political parties
Funding competing political candidates
Funding publications that do not support Mr. Trump
Funding demonstrations
Funding impeachment activities.
All legal means will be explored using the funds collected through the Funding Activities for Change.
Marketing – These funds will be used to engage the world population to understand the use of DWTC, what DownWithTRUMPCOIN.com is all about and engage in proactive, beneficial communications to initiate change
Operating Costs – These funds will be used to fund the day-to-day operations of DWTC, DownWithTRUMPCOIN.com and coordination with all the other people, organizations and groups wanting change.
Competing Coins
Currently, there is no other crypto coin facilitating the termination of Mr. Trump’s Presidency, or are there any competitors initiating an ICO during Mr. Trump’s Presidency.
Counteract TRUMPCOIN (Ticker TRUMP)
TRUMPCoin is a coin developed in 2015 or 2016to fund, support and maintain Mr. Trump’s Presidency.
~ DWTC’s goal is the exact opposite. ~
Visit
http://www.trumpcoin.com/ for further information.
Technology
We will reuse, as much as possible, the standardized code that exists in the Ethereum ecosystem, with the aim of minimizing the implementation complexity. This will also ensure system security. In particular, the base of the architecture will be built upon the wallet contract and the ERC20 token contract. These have received extensive scrutiny and have been thoroughly vetted by the Ethereum community. Some modifications are needed in order to implement the custom logic, but the abovementioned contracts will provide a solid groundwork from which to build.
For a detailed understanding of the foundational technology supporting DWTC, refer to
http://gavwood.com/Paper.pdf Architecture
The architecture for the cryptocurrency specifications is evolving but the initial thoughts are:
Manual Coin Locking
Each token holder gets an amount of token proportional to the ETH, BTC or fiat currency they deposit into the DWTC (ICO) round 1.
The token contract can be in any one of these two states:
Unlocked: tokens are freely transferable, and profit cannot be withdrawn during this period of time. The length of unlocked time period will be decided at contract deployment: e.g. 3 weeks.
Locked: tokens cannot be transferred. Each token holder can withdraw their profit share only during this period of time. The profits which are not collected can be sent/withdrawn to the wallet contract. The length of the locked time period should be decided at contract deployment: e.g. 1 week.
Features
Here are the technical features of DWTC
No authority – No one entity will have technical authority on the DWTC as it will leverage and further optimize the Ethereum decentralized block chain
Cryptography - Ethereum uses KECCAK-256. It should be noted that it does not follow the FIPS-202 based standard (a.k.a SHA-3), which was finalized in August 2015.
How to Buy DWTC
During the round 1 ICO DWTC may be purchased directly from the DWTC website but depositing the following currencies in to the respective walls or accounts and an equal amount of DWTC will be transferred to the buyers DWTC wallet.
Bitcoin (BTC)
Wallet address:
Ethereum (ETH)
Wallet address:
Fiat Currency (USD)
Paypal Account:
Wallets
A GUI wallet will be provided with the round 1 IOC. This will give a safe place to store tokens, receive notifications and provide a simple point-and-click interface to buy and sell your DWTC.
The plan is to provide staking as a reward you receive for supporting the network by holding coins and running a node. If you have coins in a wallet that is a DWTC coin your supply of coins will grow as long as you are holding the coins. Staking is also related to time. You are paid an amount based on an amount of time that has elapsed.
Exchanges
The following exchanges may be utilized buy and sell, participate in the round 1 ICO and get market data on DWTC.
Livecoin
Kraken
C-Cex
Nova
Bittrex
Cryptopia
YoBit
TradeSatoshi
DWTC Roadmap
This is a high level timeline for the plan to terminate Mr. Trump’s Presidency using legal means.
Year 2017
July to September
Build DWTC coin (token)
Start develop smart contract framework
Start develop proof of stake model
Implement marketing plan
Build kickstarter crowdfunding
Build bitcointalk presence
Build Twitter presence
Build medium presence
Build facebook presence
Build slack presence
Build kickstarter presence
October to December
Complete Round 1 ICO
Year 2018
January to March
Fund five activities
Three rallies
Two protests
April to June
Fund five activities
Three rallies
Two protests
July to September
Complete Round 2 ICO
Complete implementation of the marketing plan
Fund five activities
Three rallies
Two protests
October to December
Fund five activities
Three rallies
Two protests
Make a major financial contribution to competing parties and/or organizations
Year 2019
Complete ICO Round 3
Fund a competing political party
Refer to the website to see progress on these planned activities.
Disclaimer
DWTC is not or cannot be deemed to be any kind of equities of any real-world company. This Initial Crowd-Offering is about products, not equities. The blockchain industry is a new industry and may contain technological, policy and market risks. Disclaimer – This document only supports legal activities and does not support using illegal means, acts or processes to end Mr. Trump’s presidency. Portions of the technology development discussed here may be protected by patents pending in the US, European Union, Asia or other markets worldwide. All information here that is forward looking is speculative in nature and may change in response to numerous outside forces, including technology, regulatory and market moves.
“One of the penalties for refusing to participate in politics, is that you end up being governed by your inferiors.”
Plato
“One of the key problems today is that politics is such a disgrace. Good people don’t go into government.”
Mr. Trump
