$ARCANE Whitepaper
Our vision
Arcane is a decentralized reflectionary BSP-20 token built on the BSC (binance smart chain). There are 3 functions in every transaction with this token.
- Reflection to users (3%)
- Added Liquidity (3%)
- Marketing fund (4%)
We believe that all of these features will result in a powerful, exponentially growing token with unlimited potential. The reflection to users will mean that long term holders stack up a lot of tokens, meaning they can get a lot of value with even small investments overtime. The 3% added to liquidity will mean any big sells wont impact the overall trend as much. The 4% marketing fund however, is where we believe our ‘edge’, if you will, is. This 4% isn’t enough to be noticeable when trading the token, however will provide us with an unlimited reach in terms of community expansion. The problem most tokens have is, they will have a successful launch but then the hype widdles away and the token disappears into obscurity. By having a steadily growing marketing fund, holders will potentially see their token value be a lot higher than +4%, as there will be so many more buyers that continuously come into the token after them. A marketing budget that grows at the rate of the community, and devs well experienced in marketing who have devised efficient and proven to work marketing techniques will result in a very powerful token.
Another very important aspect of our token is giving power to the community by enabling members to participate in decision making in the form of polls and being able to communicate with active devs who enact the decisions. We believe this is an important aspect to grow the token as it will lead to a strong community that truly has a say in the future of Arcane.
Liquidity Locked and Ownership Renounced
You may hear us harp on about this a lot, but we believe it is very important. We have locked the liquidity for the entire supply of $ARCANE so that there is absolute safety and peace of mind for our holders. To secure this, we have renounced ownership of the contract so it cannot be changed what so ever. We understand how frustrating getting rug pulled or honeypotted is to those investing in new projects. That's why we have gone above and beyond to ensure that you will be safe in Arcane.
Roadmap
Our plans for the future
We believe that to ensure that our token stands out from the crowd, we need to be listed on decentralised exchanges. That is why we have already been paving a clear path towards getting listed on numerous DEX, such as 0x and 1INCH. We know exactly what we need to do to get listed and how we will do so. Once we are listed on these exchanges, we will have a consistent flow of new buyers coming in, at which point we intend to burn 3% of the marketing tokens, and leverage our power as a token for marketing deals going forward. This means our token will become deflationary, which means the total supply of tokens goes down driving the price up.
