CO:FE(X)
COFFEE:FEDERATION
TOKEN X
WHITE PAPER
CO:FE(X): The Motivational Meme-Utility Token
CO:FE(X) = CO:FE(X) Token = COFFEE FEDERATION TOKEN X
X = Explore
Legal Disclaimer
The information provided on this website, or in any related materials, is for informational purposes only and does not constitute investment advice, financial advice, trading advice, or any form of solicitation to buy, sell, or hold the CO:FE(X) Token or any other cryptocurrency.
Any decisions to buy, sell, or trade the CO:FE(X) Token or engage with the CO:FE(X) platform should be made at your own discretion and with careful consideration of your financial situation, objectives, and tolerance for risk.
Cryptocurrencies, including the CO:FE(X) Token, are subject to significant risks, including but not limited to:
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Market Volatility: The value of the CO:FE(X) Token and other cryptocurrencies can fluctuate dramatically over short periods due to factors such as market sentiment, regulatory developments, technological advancements, and economic conditions.
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Liquidity Risks: The ability to buy or sell tokens may be affected by market demand, the availability of trading platforms, or other external factors, potentially resulting in substantial losses or delays in transaction execution.
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Regulatory and Legal Risks: Cryptocurrencies operate in an evolving legal and regulatory environment. Changes in laws or enforcement actions in your jurisdiction may impact your ability to use, trade, or hold the CO:FE(X) Token.
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Security Risks: Engaging with cryptocurrency systems involves inherent risks, including the possibility of hacking, fraud, theft, or loss of private keys or wallet credentials. CO:FE(X) does not take responsibility for any losses resulting from such incidents.
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Operational Risks: The success and development of the CO:FE(X) Token and platform depend on numerous factors, including technological advancements, competition, and unforeseen challenges in the blockchain industry.
While CO:FE(X) makes reasonable efforts to ensure the accuracy of the information presented on this website and the proper functioning of its platform, all content is provided "as is" without warranties of any kind, whether express or implied. The performance and utility of the CO:FE(X) Token are not guaranteed, and you may lose the entire value of your investment.
Forward-Looking Statements
Statements regarding future developments of the CO:FE(X) Token or platform are based on current plans, intentions, and market analyses. These statements are subject to change without notice and may not accurately reflect future outcomes.
Limitation of Liability
By engaging with the CO:FE(X) Token or platform, you acknowledge and accept these risks. CO:FE(X) and its affiliates shall not be held liable for any direct, indirect, or consequential losses arising from your use of, or inability to use, the CO:FE(X) Token or platform.
Professional Advice
You are strongly encouraged to seek independent legal, tax, and financial advice before making any decisions related to the CO:FE(X) Token.
Cryptocurrency investments are inherently speculative and carry substantial risks.
Introduction
CO:FE(X) is a Solana-based cryptocurrency inspired by the timeless spirit of coffee, as the symbol of energy, creativity, and way of connecting. As the first Motivational Meme-Utility Token, CO:FE(X) aims to empower its community to explore and bridge the gap between the physical and digital worlds, bringing innovation, sustainability, and unique experiences to the forefront of the Web3 revolution.
CO:FE(X) delivers fast, low-cost transactions while fostering a community-driven ecosystem with real-world utility.
With its eco-friendly focus and loyalty rewards system, CO:FE(X) is not just a cryptocurrency - it aims to become a lifestyle.
Blockchain Infrastructure
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Network: Built on Solana for high-speed transactions (~400ms finality) and minimal gas fees.
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Token Standard: SPL (Solana Program Library) token, ensuring compatibility with Solana-based decentralized applications (dApps).
Core Components
Smart Contract Development
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Using Solana's Rust-based framework for optimized performance.
Tokenomics
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Fixed supply: 8,000,000,000 CO:FE(X) Tokens.
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Transparent allocation for community distribution (50%), development (25%), marketing (15%), and reserve liquidity (10%). See further details in Section Distribution Model.
Governance Model
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Decentralized governance with token holders voting on eco-initiatives, platform updates, and funding allocations.
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Integration of Quadratic Voting to ensure fairness and mitigate whale dominance.
Functional Modules
E-Commerce Integration
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Dedicated APIs for CO:FE(SHOP) to accept token payments, enabling discounts and loyalty rewards.
Staking & Rewards System:
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Stake tokens to earn rewards and participate in community-driven events.
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Smart contract-based reward pool funded from transaction fees.
Eco-Initiatives:
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Automate donation allocation via transaction fees (e.g., 0.25% directed to sustainability projects).
Analytics Dashboard:
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Real-time monitoring of transactions, staking, and environmental contributions.
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User wallet integration to track individual contributions and benefits.
Security and Scalability
Security Measures:
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Regular audits by third-party firms to identify vulnerabilities.
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Invest in user education on wallet security and smart contract vulnerabilities by offering targeted training sessions and webinars. These initiatives can enhance user awareness and help mitigate risks. To encourage participation, integrate rewards through the Reward Program, recognizing those who engage in these educational efforts. Further measures defined in action plan to be shared during the project phases.
Scalability:
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Leverage Solana’s high throughput to accommodate increasing users and transactions. Action plan to be shared during the project phases.
Backup Nodes:
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Establish redundant nodes to maintain network uptime. Action plan to be shared during the project phases.
Distribution Model
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Distribution:
- 50% of the Total Supply is offered to early investors and built the community. This Initial Circulation Supply will have a base / start trading value.
- 25% of the Total Supply will be offered in a Phase 2 offering to support initiatives related to Ecosystem Development.
- 15% of the Total Supply is dedicate to be offered for Marketing and support the Community. This is also aligned to the Eco-Initiatives, planned to cover a defined portfolio of projects. Community will vote on projects to be included in the project portfolio.
- 10% of the Total Supply will be kept for Reserve and Liquidity purposes. This is considered as being critical for maintaining the CO:FE(X) Token’s stability, utility, and growth. Reserve Supply acts as buffer for future needs like staking rewards, additional partnerships or activities required for project expansion. The gradual release of Reserve Supply ensures controlled inflation and long-term sustainability. Furthermore, the Liquidity Supply ensures a smooth trading by minimizing price volatility and supporting buy/sell transactions. It will be added according to the development of the CO:FE(X) Token on Decentralized Exchanges (DEXs), pairing the CO:FE(X) Token with another assets. Management of these Supply pools aligns with project goals and market dynamics, balancing growth with stability.
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Staking Rewards:
Incentives for long-term holders are offered through loyalty programs and event participation.
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Eco-Initiatives:
Funding sustainable coffee farming projects with a small percentage of each transaction fee.
Planned Ecosystem Features
Dedicated Online Shop - CO:FE(SHOP)
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Purchase clothing, merchandise, and a innovative coffee based products, like a CO:FE(X) / Coffee based Sparkling Energy Drink (in development).
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Discounts for payments made with CO:FE(X) Token, driving real-world utility.
Exclusive Events
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Organize meetups, conferences, and community-driven initiatives where CO:FE(X) Token is the preferred currency.
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Special perks for CO:FE(X) Token holders during these events.
Loyalty & Rewards Program
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Earn CO:FE(X) Tokens through ecosystem participation and redeem them for merchandise, discounts, or event access.
Roadmap
Please consider also the Milestones on HOME Page.
Phase 1 (Start in Q4/2024):
Project Inception & Community Development
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Establish the CO:FE(X) core team and officially initiate the project.
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Launch targeted social media marketing campaigns (refer to Social Media links).
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Develop and deploy the CO:FE(X) Token on the Solana blockchain.
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Distribute 50% of the total token supply to the community for initial circulation.
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Initiate strategic partnerships with coffee producers and eco-initiatives to align with the project’s sustainability goals.
Phase 2 (Start in Q1/2025):
Ecosystem Development & App Launch
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Begin development of the CO:FE(X) Ecosystem App to serve as the project's central platform.
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Integrate loyalty and rewards systems to enhance community engagement.
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Launch CO:FE(X) App Version 1.0, featuring staking rewards and token-based discount functionalities.
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Establish the foundational framework for decentralized governance, empowering the community in decision-making processes.
Phase 3 (Start in Q3/2025):
Product Expansion & Blockchain Integration
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Develop blockchain-based solutions for supply chain transparency and efficiency, leveraging CO:FE(X) Token utilities.
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Launch an online store featuring branded merchandise and clothing - see CO:FE(SHOP)
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Expand the product portfolio with innovative offerings, such as sparkling coffee energy drinks and other coffee-based products.
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Introduce token-based utilities, offering significant discounts for purchases made with CO:FE(X) Tokens.
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Implement a subscription-based model for eco-friendly coffee, supporting partnerships with sustainability-focused initiatives.
Phase 4 (Start in Q4/2025):
Global Outreach & Partnerships
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Host community-driven events, meetups, and initiatives to foster deeper engagement.
For example, organize a Meme based Event, aiming to be an engaging event where creators, collectors, and enthusiasts can showcase meme-inspired art, collections, and crypto projects, all while celebrating the fun side of crypto and community building. -
Strengthen and expand partnerships with coffee producers, eco-focused organizations, local coffee shops and global sustainability initiatives. Partnership announcements will be made once the contractual agreements with partners are finalized and all terms are clarified.
Phase 5 (Start in Q1/2026):
AI-Driven Innovation & Web3 Integration
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Integrate AI-powered tools to enhance platform functionality, optimize user experience, and support ecosystem growth.
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Develop advanced Web3 solutions to ensure scalability, security, and seamless user interaction.
Why Choose CO:FE(X)?
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A Symbol of Connection:
Inspired by coffee, CO:FE(X) connects people and ideas, driving meaningful interactions.
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Utility and Purpose:
Beyond a token, CO:FE(X) offers discounts, rewards, and eco-conscious initiatives.
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Sustainability:
Promoting green practices and supporting sustainable coffee production.
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Fast and Affordable:
Solana’s lightning speed and minimal fees make it accessible for everyone.
Why the Bridge between COFFEE & CO:FE(X)?
Coffee for CO:FE(X) Beans:
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It takes 70 coffee beans to brew one cup of coffee.
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The smallest unit of CO:FE(X), equivalent to 0.000000001 CO:FE(X), is referred to as a "CO:FE bean."
It is required 0.000000001×70=0.00000007 CO:FE beans to create the equivalent in CO:FE(X) as one cup of coffee.
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There are approx. 8,000,000,000 cups of coffee consumed yearly worldwide.
The total supply of CO:FE(X) mirrors this global scale, with 8,000,000,000 CO:FE(X) Tokens, each divisible into 1 billion CO:FE beans.
Why the Bridge between a Meme and a Utility driven Token?
We evaluate that the Crypto Meme phenomenon might not keep a continuous long-lasting trend within the crypto space. Eventually, the utility of tokens will come into question, and only those with real-world value will be able to maintain their worth and support their communities. We look at DOGE as a prime example, backed by viral personalities, and acknowledge that other tokens are also evolving to provide additional utility to their holders. That said, we still appreciate the Meme culture and the power it holds in giving a voice to different perspectives. Memes are a cultural movement and a form of modern art, driven by the rise of social media. We use memes to express our emotions at various stages or to draw attention to important issues.
This vision drives us to merge therefore the best of both worlds, the cultural impact of memes and the real utility that sustains value, by connecting the virtual crypto environment to the physical world. We are inspired to build something that not only taps into the power of memes but also provides meaningful benefits for our community. Together, we’re shaping a future where both fun and function come together to create something truly lasting!
General Characteristics of a Utility Token
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Purpose: Provides access to a product, service, or ecosystem.
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Value: Tied to its utility (what you can do with it).
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References: Basic Attention Token (BAT), Filecoin (FIL).
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Functionality: Often integrated into platforms (e.g., payment for services, staking).
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Development Effort: Requires more planning and technical integration.
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Market Appeal: Attracts users of the product/service.
General Characteristics of a Meme Token
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Purpose: Primarily created for humour or as a cultural phenomenon.
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Value: Tied to hype, community engagement, and memes.
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References: Dogecoin (DOGE), Shiba Inu (SHIB).
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Functionality: Usually has no inherent functionality or platform use.
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Development Effort: Often simpler, focusing on branding and community.
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Market Appeal: Appeals to communities, meme enthusiasts, and speculative investors.
Characteristics of CO:FE(X) Token
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Purpose: Provides access to products and services created especially for the community. It is rooted in the power of meme humour and the cultural phenomenon they represent, using the motivational drive of memes and the energy of coffee in order to progress and help us reach our goals.
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Value: It aims to be perceived for the value it offers in regards to products and services, but also to be based on the community and their understanding of the value for the concept.
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Functionality: Concept of a CO:FE(Shop) where products can be purchased using CO:FE(X) Tokens. Discounts and Offers will be prepared for the holders of the CO:FE(X) holders. Development of a special energy drink based on coffee, and other derived similar products.
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Development Effort: Team perceive it a being a high effort, but looking to enjoy the journey, to offer the best experience to the community and those who trust in the project.
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Market Appeal: We’re bringing together a community of coffee lovers, space explorers, and dreamers who question what lies beyond the stars. We aim to stay awake, focused and aim to reach our targets. But it’s not just about the passion – it’s about taking action!
Summary of Key Features
Fast Transactions
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Leveraging Solana’s ~400ms transaction finality, CO:FE(X) ensures seamless and instant payments for goods, services, and utilities.
Loyalty Rewards System
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Earn, store, and redeem tokens through participation in the ecosystem. Benefits include discounts on dedicated shop purchases and access to exclusive events.
Eco-Friendly Initiatives
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A portion of transaction fees is allocated to sustainable coffee farming and reforestation projects.
Community-Driven Governance
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Token holders participate in decentralized decision-making through voting on platform updates and initiatives.
Low Transaction Costs
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Powered by Solana’s minimal gas fees, ensuring affordability and efficiency.
Join the Coffee Federation!
CO:FE(X) invites dreamers, innovators, and coffee lovers to embark on a journey of discovery and innovation.
Together, let’s bridge the physical and digital worlds, fuelled by the energy of coffee and the limitless potential of blockchain.
Join us and actively engage with the project, where your support will help shape the future, and you’ll directly benefit from being part of this incredible journey!
Thank you for
joining us on this journey to
explore the crypto UNIVERSE.
© 2024 BY COFFEE FEDERATION X.
Allocation of Tokens:
Total Supply of 8,000,000,000 Tokens
50%
Initial Circulation
4,000,000,000 Tokens
Available at launch for public and private distribution.
25%
Ecosystem Development
2,000,000,000 Tokens
Reserved for partnerships, staking rewards, and community events.
15%
Marketing & Community
1,200,000,000 Tokens
Supporting promotional campaigns, merchandise, and outreach.
10%
Reserve & Liquidity
800,000,000 Tokens
Ensuring market stability and strategic reserves.