Whitepaper
Kolibri Network
1. Resume
Today we see that distributed ledger technology creates systems with interesting solutions for storing data registers and carrying out various sequential operations in information networks. Moreover, the decentralization of data storage, combined with blockchain technology, significantly increases the level of data security, and the decentralization of governance can rid various areas of unnecessary intermediaries or monopolies that hinder the overall harmonious development in different areas. The openness and accessibility of such information systems increases the level of trust of their participants, and the introduction of smart contracts solves the problem of bureaucracy and approaches to double standards in the interpretation of rules. The use of all of the above with the additional possibility of using these blockchain networks as a means of payment provides truly great opportunities and can completely change the entire global financial and economic system. The world is changing as much as the Internet has since its inception. Today, when hundreds and thousands of projects are working on technologies, there are many reports every day about new areas of real use of blockchain technology or about its technological improvement.
Kolibri Network is a commercial-investment ecosystem based on blockchain technology with its own KOL token. The commercial basis of the project is to increase the capitalization of the ecosystem with the distribution of a part of all income among the owners and holders of the KOL token, whom we consider as investors in our project.
The main idea of the project — creating a massive ecosystem for accelerating start-up projects, pitching new project ideas and investment proposals for those interested on the Kolibri platform. At the same time, without unnecessary bureaucracy, maintaining anonymity in the form of refusal from KYC and direct interaction on the Kolibri Network platform using KOL tokens.
Kolibri project started as an ERC-20 token on the Ethereum network. With further growth and development, we plan to create our own separate distributed network. Technological potential is a very interesting option to invest in crypto. 10 crypto projects with peak profitability in 2017 paid off by an average of 170,000%, which is an extremely high return on investment. Moreover, the further investment potential of the crypto sphere is of interest to the end user / investor, since the technology itself has a certain specificity by the standards of modern realities, and a certain amount of time and technological resources will pass before the full global acceptance into the world economy. Therefore, investor interest in this market is huge.
Let’s take a look at the concept of fiat money, in particular the most common and liquid currency in the world economy — the US Dollar $ USD. The Federal Reserve System and the US government are the issuer of banknotes. The dollar is subject to inflation since its money supply is unlimited. What has Satoshi Nakamoto accomplished in his Bitcoin work? He put forward the assumption that if the problem of trust between the parties is put at the head of the entire system and solved by the method of Proof of Work-mining and a distributed network, which is based on a naturally limited deflationary coin BTC, its internal market value will increase at a distance and increase its value in exchange transactions with other assets. Now don’t trust the rule, but check it works in the blockchain. Decentralization implies a lack of central government and regulatory bodies. Why did I start with a dollar? Look at the BTC / USD pair for 11 years and you will understand why with it. (at the time of this writing)
Nevertheless, despite the existence of economic and other problems of crypto, each new jump in prices above previous highs and each new decline above previous historical lows indicates that the market as a whole is developing, and the growth of technologies and services is behind the increase in its value and volatility. … We are in a global uptrend with medium-term corrections throughout the existence of this area.
2. Fundamental principles of the Kolibri Network project:
a) system stability
b) refusal of fiat money
c) anonymity and privacy
d) openness
e) public decentralized network
f) censorship resistance
g) autonomy
3. Financial and economic model. We consider the economic model as a combination of factors affecting in one way or another the intrinsic value of the KOL token (= the total cost of the project) Maximum number of tokens in circulation = 15,000,000 KOL Number of tokens in circulation from the start of the project = 10,000,000 KOL
Realized at the stage of preliminary sales = 3,350,000 KOL 1,300,000 KOL allocated for bounty and airdrop (as the community grows, the number of tokens allocated for bounty may be increased)
The token itself plays a key role in the client’s solvency on the platform, which will be implemented in the future as the capitalization of the project and our fund grows. Also, tokens will be used in applications that will be implemented on the basis of iOS and Android in the future. The idea of monetization lies in the exclusive right of the owner of the KOL token to use the right to vote, donate, and promote on the Kolibri Network platform.
The platform will have integration with payment systems like Bitcoin, Litecoin and Ethereum.
During this period of project formation, we will invest in the real sector of the economy, which will not only provide the growing capitalization of the project with real assets, but will also become the driver of our economic growth in the next periods of development.
We have created a progressive economic model and consider the moment of profit distribution among the participants as a necessary condition for the gradual development of any ecosystem. In addition, we are glad that it is the blockchain technology that enables us to create such a model in the modern world.
4. Conclusion.
As you can see, in our Kolibri Network project, we have created a modern and progressive growth system for both the underlying asset of the KOL token and the platform itself. We have developed our economic plan in such a way as to continue development even in conditions of prolonged stagnation in the crypto market, and we consider this a significant advantage.
Our internal growth economy is designed in such a way that in the early stages of a project, we evenly distribute many of the drivers of growth. At the same time, encouraging the community in the form of various bounty airdrop programs, raising awareness / trust in the project and deflation at a distance will inevitably increase the demand for tokens.
In the future, our commercial promotion plans, which will generate income for our ecosystem and its investors, will in fact be a source of additional funding for the ecosystem of the Kolibri project itself.
Programmable finance, or money based on software code, makes this world an excitingly interesting world with truly gigantic opportunities for the development of the entire community. ICO is a passed stage, Decentralized Finance (DeFi) is a new stage in the development of the cryptosphere.
We invite you to become a part of something more than just a community of people, but to change the world, and most importantly — to do it together with Kolibri Network.
To contact us:
Telegram: @kolibri_z777 https://t.me/KolibriNetwork
Twitter: @KolibriNetwork
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