.png)
WHITEPAPER
PonziScheme is an experimental bep-20 project that rewards the community for
buying and holding this cryptocurrency . PNZ is a utility staking coin which
generates passive income without locking up coins.
Our goal is to become the future self-sustaining staking mechanism of the crypto industry , more specifically we created a system in which all investors are rewarded regardless of the volatility of the market without locking their coins. You basically earn passive income by using your PNZ coins to generate more coins which you can swap with Bitcoin , Ethereum ,BNB ,USDT and more.
As Warren Buffett said: "If you don't find a way to make money while you sleep, you will work until you die."
All these features will provide our system the potential to power this future infrastructure .
PonziScheme staking system will be the equivalent of a bank and its reliable mechanism will be suitable for beginners as well as for professionals.
INTRODUCTION .
First, we want to answer maybe the most common question that everyone will ask, why did we choose for our project to be called PonziScheme ?
We choose this name as a form of protest against what happens today in the crypto industry where projects that seem the most credible, most of them are the true ponzi schemes, and on the other hand small projects with unknown teams or small ideas prove to be the true teams that build in this space.
These small projects are the projects that build, improve and offer something in exchange for the crypto community .
DIGITAL PROOF OF OWNERSHIP.
By owning PNZ tokens you instantly prove partial ownership of PonziScheme staking Bank system and automatically generate profit every time a transaction takes place in our blockchain .
WE KNOW THE PROBLEM !
We all know the volatility of the crypto market and the fact that you can lose just as fast as you gain , especially if you are new to it and did not have a chance to learn how it all works and how to protect your investments from the true ponzi schemes and scams in crypto industry .
WE HAVE A SOLUTION !
PNZ is a cryptocurrency that wants to change the way the staking and reward system works.
Through its internal taxation and redistribution mechanism we want to implement this system in the future metaverse where a staking mechanism will be needed for all users who will work, meet, game, socialize together and keep their finances all inside the metaverse.
PonziScheme staking will be the equivalent of a bank system you will partially own and we created the necessary infrastructure for this to happen. Whenever a sell or buy transaction is made in our blockchain the system charges it with a 10% fee.
The network chooses staking validators based on the number of PNZ tokens they have in their wallets, and then automatically redistributes them proportionally to all wallets , so all participants that have PNZ tokens are rewarded without locking their coins or without doing any trades .
OUR TEAM
Co-founder and CEO - Johnny U.
We are a small team of 8 members, a fully remote ,distributed company that believes it’s possible to be successful and enjoy our work. All of us have been working in this industry for over 6 years.
Together with our co-founder Johnny U, we have been working on this project for over 6 months and , besides supporting gaming ,this project will combine banking economies, digital identity, decentralized governance, and other applications ( new details will be added soon ).
TOKEN SUPPLY IS MAXIMUM SUPPLY - 210.000.000.000.
The total supply is permanently fixed at 210 billion and is the total number of coins that can ever be in circulation without the possibility of creating or mining other new coins.
No minting capability is exposed through the smart contract interface , and the total supply will never increase.
COIN DISTRIBUTION :
1% - Team wallet
1% of the total coins created are reserved for team members and are locked up to 3 years on private hardware wallet .
This coins will be unlocked after 6 months beginning with the date of listing on the first Dex with a graduate release up to 3 years .
3% - MARKETING AND BUYBACK WALLET
This wallet has 2 main functions.
A - Marketing and development .
B - Buyback mechanism and maintaining organic growth of the token.
We are here to stay and we are here to expand our project for this reason 3% of the total PNZ coins created are reserved for marketing and buyback wallet . This wallet will also be used for the creation of new liquidity pools for the following listings on Cex / Dex .
This will be a self support wallet .
81 % - FAIR LAUNCH
81% of the total PNZ coins created will be added to different exchange liquidity pools. PNZ coin will have one of the fairest forms of launch a cryptocurrency can have because our auctioning mechanism and decentralized exchange automated market maker will enable efficient price discovery and will provide a high potential reward opportunity for investors who are willing to allocate capital during the fair launch.
We are open to the community and fully transparent . Since data cannot be altered or removed from blockchain ,all PNZ transactions and all wallets are public records .
CLASSIC STAKING
Classic staking is the process of locking up for a determinate period of time your crypto holdings in order to obtain rewards or earn interest and in that period of time you cannot access your cryptocurrency ,you cannot sell ,transfer or use them in any way .
OUR STAKING SYSTEM
Our staking system does not require investors to lock up their coins for a period of time to generate rewards.
All they need to do is keep their coins in private Metamask wallet and this will generate profit through a smart contract every time a transaction is made in our blockchain, for example it doesn't matter if someone else makes a sale or purchase transaction ,your wallet will generate profit just by holding PNZ coins.
COMMUNITY TAX
Each transaction is taxed by 10%.
We call this community tax, and is created for the purpose of protecting all investors and keeping the organic growth of the token by generating profit for all investors, constantly adding to the liquidity pools so that there is always liquidity .
THE COMMUNITY TAX IS REDISTRIBUTED THIS WAY :
-
2% - GOES TO LIQUIDITY POOLS .
Every trade contributes toward auto generating liquidity that goes into Decentralized Exchanges pools.
-
8% - REDISTRIBUTED TO ALL HOLDERS .
Every time a transaction with a PNZ is made 8% of the community tax is redistributed to all other wallets containing PNZ .
NO DUMPING !
We want to reduce the ‘’dumping effect’’ as much as possible through the internal anti-dumping mechanism .
This anti-dump mechanism works every time a transaction is made, for example : a sale in large quantities is made , the system taxes that transaction with 10% of which, 2% go to LP and 8% is redistributed to all holders. In this way, even if there is pressure on sales holders are not affected because they receive percentage rewards from what is sold or bought .
ORGANIC GROWTH
Through the buyback mechanism we want to protect organic growth of this project and by simply using this mechanism, we maintain the infinite loop function of token redistribution where the staking bank earns a small part of the percentage of transactions and the holders earn most of that percentage .This buyback mechanism will be activated whenever the loop system needs to work perfectly by buying coins from the market .
NEW INVESTORS, MORE REWARDS !
The more investors choose to buy PNZ the more rewards the existing holders receive and the more transactions with the PonziScheme coins take place the better our staking Bank system works.
THIS IS THE PERFECT PonziScheme MECHANISM WHICH INSTEAD OF liquidate INVESTORS funds THIS SYSTEM PROTECTS AND REWARD THEM JUST BY holding PNZ coins !
The information provided on this whitepaper is for informational purposes only, and it does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. A qualified professional should be consulted prior to making financial decisions.