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Space Token (SPACE) Whitepaper: Version 0.3 - 2nd July 2021

Space Token (SPACE) is an innovative Binance Smart Chain token that provides bonuses and rewards to holders through integration with the crypto earning website Final Autoclaim. SPACE will offer holders bonuses such as increased autoclaim rewards and staking rewards on Final Autoclaim. Additionally, SPACE will be used to provide liquidity mining opportunities on exchanges like PancakeSwap. The long term roadmap includes listings on CoinMarketCap and expanding to additional blockchains to improve the user experience.
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0% found this document useful (0 votes)
117 views

Space Token (SPACE) Whitepaper: Version 0.3 - 2nd July 2021

Space Token (SPACE) is an innovative Binance Smart Chain token that provides bonuses and rewards to holders through integration with the crypto earning website Final Autoclaim. SPACE will offer holders bonuses such as increased autoclaim rewards and staking rewards on Final Autoclaim. Additionally, SPACE will be used to provide liquidity mining opportunities on exchanges like PancakeSwap. The long term roadmap includes listings on CoinMarketCap and expanding to additional blockchains to improve the user experience.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Space Token (SPACE)

Whitepaper

Version 0.3 - 2nd July 2021

Space Token (SPACE) is an innovative Binance Smart


Chain Token that maximizes profit with DeFi Yield
Generation and Crypto Earning Systems. Space Token
has been created with a progressive, automatic burn
mechanism to create a bridge between our product
and our goals.
Abstract

1- Decentralized Finance Context

Decentralized Finance (DeFi) refers to an ecosystem offinancial applications that are


builton top of a blockchain. Its common goal is to develop and operate in a decentralized
way, without intermediaries.

According to DeFi Pulse the amount of money invested in DeFi projects soared from
about $950 million in the latter part of May 2020 to more than $9.5 billion by thefirst
week of September of the same year and have already been deployed (locked-in) across
a variety of DeFi applications that offer decentralized exchange, staking, liquidity mining,
lending and borrowing, monetary banking (e.g. the issuance of stablecoins), tokenization,
or other financial instruments such as derivatives and prediction markets. In that sense,
DeFi is about creating a network offinancial services that seamlessly function without the
need for intermediaries that could hold an unfair and inefficient controlling stake in the
operation of the system

However, cryptocurrency and decentralized finance are new concepts that can be
confusing and risky for customers to get involved with. Proposed tools are complex
and young, which hinders access to mainstream adoption. Early 2021, we cannot
yet call this financial architecture “openfinance” - when new users have to pass
through difficult loops to participate — hence, the need for simplified interfaces
that democratize DeFi and make it accessible to a larger audience.

2- Crypto Faucets Context

A crypto faucet is an app or a website that distributes small amounts of cryptocurrencies


as a reward for completing easy tasks. However, in the case of crypto faucets, tiny
amounts of free or earned cryptocurrency are sent to a user’s wallet. In order to get free
crypto, users need to complete tasks as simple as viewing ads, watching product videos,
completing quizzes and surveys, clicking links or completing a captcha.

Though cryptocurrencies have had great last years, they are yet not completely
mainstream and are still new to many people around the world. The idea behind crypto
faucets is to give free cryptocurrencies to people so they would take the time to learn
about digital assets and hopefully invest in them.
3- Next Gen Crypto Faucets

Usually, users need to register on a crypto faucet by entering their details along with the
wallet address. After solving a task on the website, the reward earned goes to a micro
wallet : a wallet similar to traditional wallets, but one which is capable of collecting small
amounts of crypto assets by using off-chain mechanism. This way permits to avoid
blockchain network fee as it uses API endpoints to execute micro-transactions.
Micro Wallets are useful to collect micro-amounts of High Fee Coins like Bitcoin or
Ethereum but their interest decreases when it comes to collecting other coin with low
fees, as the fee is lower, the minimum required to withdraw from crypto faucets can be
lower too.

That is why Some Crypto Faucet chosen to integrate an internal wallet to permits users
withdrawing their crypto directly to the blockchain. It is the case of Final Autoclaim.

4- Binance Smart Chain: A Bridge Between DeFi and Crypto Faucets

Due to its fully functional network with high scalability, quite low transaction fees, and 3-
second block times, Binance Smart Chain (BSC) has become a leader among
Ethereum rivals.

Binance Smart Chain is the second blockchain launched by the cryptocurrency exchange
Binance. The First Binance Blokchain (Binance Chain) lacks most of Ethereum’s
functionality and flexibility, while the Binance Smart Chain is compatible with the
Ethereum Virtual Machine (EVM) and supports smart contracts.

As a result, developers can launch their Ethereum DApps on the Binance Smart Chain
with minimal configuration, allowing many crypto projects to migrate quickly to the latter
chain to avoid ETH’s high transaction fees.

Binance Smart Chain has seen immense popularity since the beginning of 2021, thanks in
part to congestion issues and high transaction fees on the Ethereum network. All of this
has caused many developers and investors to seek alternatives such as BSC.

In February 2021, the BSC community made the network even more attractive to new
users as a low-cost and stable alternative, doing so by reducing its gas fees from 15 Gwei
to 10 Gwei. This is to counteract the sharp increase in the price of the Binance Coin (BNB),
which exceeded $300 in February 2021.
This is why Binance Smart Chain is actually a nice way:

For Crypto Faucets Users : to learn about Dapp mechanisms and to get access to
DeFi opportunities without paying high fee.
For Crypto Faucets Owners : to take a step towards decentralization by integrating
DeFi features to their website.

Space Token (SPACE) is the very first token who permits users to learn about DeFi while
receiving Bonuses on a crypto faucet like Final Autoclaim.

4- Towards a cross-chain environment

The smart chain binance is a good way to introduce people to the deFi, but the costs
remain relatively high, especially when it comes to making micro payments, this is the
case of crypto-faucets as well as all the semi-centralized Micro-Earning crypto services.

If we want to be totally free of centralized systems (mySQL, RESTful API ect) in the world
of micropayment, we need a blockchain capable of performing transactions almost
instantly and with lower costs.

Futhermore, a Cross-Chain Environment for a micro earning service can bring a lot of
simplicity to the user, especially when the service offers many crypto tokens to earn, it
can avoid having to enter many addresses to withdraw his funds. For example, instead of
having to enter the addresses of the native DOGE, BTC and ETH networks, the user will
just have to enter his Binance Smart Chain (or Tron, Ethereum, Polygon..) address and
will be able to make all his withdrawals on it.

Space Token will be available on different blockchains in the future, to allow third
parties to find the best technology for their business and to improve crypto faucets
users experience by permitting the transfer of all cryptocurrencies to one or two
public address(es).
Use Cases
1- SPACE as official Final Autoclaim's Utility Token.

Final Autoclaim is a famous crypto earning website which allows users to earn up to 50
different cryptocurrencies. With around 300.000 members, Final Autoclaim offers many
different ways to earn cryptocurrencies, including surveys, staking, app-installations and
video-watching.

Many of SPACE use-cases will be implemented to Final Autoclaim in the future.

Final Autoclaim's link : https://autofaucet.dutchycorp.space

Available Features

Autoclaim reward bonus (from 2% to a 100%) for each Space Token on-chain Holders
Staking reward bonus (from 0.5% to 20%) for each Space Token on-chain Holders
Roll Game reward bonus (from 2% to 100%) for SPACE-BNB LP tokens Holders
Offers and Surveys reward bonus (from 0.5 to 20%) for SPACE-BNB LP tokens
Holders

Features Roadmap

Exclusive SPACE flexible staking / interests Pools


Exclusive SPACE roll game faucet
Discounts for Banners and Pay-To-Click advertisers buying campaigns with SPACE
Discounts for Silver, Gold and Platinum Memberships bought with SPACE
SPACE distributions to Daily and Weekly COntest Winners
SPACE utilized to paid Blockchain withdrawals fee
SPACE utilized on Items and Referrals Marketplaces
2- SPACE Liquidity Mining

As a liquidity provider, you will receive Space Tokens from the exchange contract that you
can then later use to withdraw your funds from the liquidity pool. As long as you have
cryptocurrencies in the liquidity pool, you'll receive part of the fee paid by traders when
they trade coins.

The fee is added to the liquidity pool and distributed proportionally to all current liquidity
providers.

As Liquidity Pools make trading on DEX possible, anyone can become a liquidity provider
as long as they can supply an equal amount of both BNB/BUSD and SPACE to an
exchange contract on PancakeSwap.
Tokenomics
Development and Marketing
10%

Final Autoclaim Distribution


30%

Liquidity
30%

Community Airdrop
15%
Team and Funders Reserve
10%

Initial Supply 350.000.000 SPACE


Dev & Marketing Wallet 35.000.000 SPACE
Team & Funders Wallet 35.000.000 SPACE
Community Airdrop 52.000.000 SPACE
Liquidity 105.000.000 SPACE
Final Autoclaim Wallet 105.000.000 SPACE
Reward & Burning Emission

4% of each on-chain transactions is given to


Space Token holders

1% is burned in order to make this token


deflationary

1% is sent to a charity wallet for later


distribution to a community-nominated
Organization which supports space
exploration, human spaceflight and robotic
spaceflight.
Milestones

1rst Airdrop Done

2000 Twitter and


Telegram Members

Integration to Final
Autoclaim and
Holders Bonuses

More Agressive
Marketing

More Tutorials on
Medium

Listing on
CoinMarketCap and
P2PB2B
Roadmap
1- Short Term Roadmap

First MicroPayment
API (5 Beta Testers
Faucets)

3000 Twitter
Followers

API integration on
some Faucets Scripts

Influencer outreach
effort

New SPACE usecase

Listing on Coingecko
2- Long Term Roadmap

April 2021
Token and Website Launch

May 2021
Integration to Final Autoclaim
& Airdrop Distibrutions
June 2021
SPACE Staking & Holder
Bonuses on Final Autoclaim
Listing on P2PB2B

Summer 2021
Contract Audits and Social
Bots Developement
Beta API for crypto faucets

October 2021
Listing on other DEX / CEX

End 2021
Space NFT Marketplace
Public API for crypto faucets

January 2022
Space Swap and DAO
Token Quick Facts

Space Contract 0x9d9affac2175ef541642035ab66f5fe7df813851


Dev & Marketing Wallet 0xbb8A5b84BaB67498975E4B6C3e37433B39eE69BE
Team & Funders Wallet 0xbeCC7796bf7A7274CA59b682812daA1991617F0a
Legal Expenses Wallet 0x6D728E12289ca54b9814Ed8088c8FD68FdbC9A49
Final Autoclaim Wallet 0xE99aE5090c461DcC11024b96aD4d7759830e0566
Space Charity Wallet 0xdcffaB2Ce39e6072133460A994703244649fd9DC
Burn Address 0x0000000000000000000000000000000000000001

Website https://spacetoken.tech/

BSCscan https://bscscan.com/token/0x9d9affac2175ef541642035a
b66f5fe7df813851

PancakeSwap https://exchange.pancakeswap.finance/#/swap?
outputCurrency=0x9d9affac2175ef541642035ab66f5fe7df
813851

Chart https://charts.bogged.finance/?
token=0x9d9AFFAc2175Ef541642035aB66f5FE7Df813851

Twitter https://twitter.com/SpaceTokenBSC
Telegram https://t.me/SpaceTokenBSC
Medium https://space-token.medium.com/
Reddit https://www.reddit.com/r/SpaceToken/new/
Discord https://discord.gg/3PPhDwzbXd

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