ALBEDO (ALBEDO)

ALBEDO is generated on Bitcichain

Albedo Token is a crypto asset developed by Bitci Teknoloji Anonim Şirketi on Bitcichain to bring together both Turkish communities and global investor communities and to create new projects together with investors.

Crypto assets refer to intangible assets that are created using distributed ledger technology or similar technology and distributed over digital networks, but do not qualify as fiat money, bank money, fiat money, electronic money, payment instruments, securities, or other capital market instruments.

With this Whitepaper, It is aimed to provide information about the Albedo Token created by Bitci Teknoloji Anonim Şirketi, which plans to bring together the crypto money communities all over the world under a single roof, on the Bitcichain network.

1- INTRODUCTION

The increasing demand for crypto assets has led to the popularization of the crypto ecosystem and the spread of its uses. Crypto assets, whose usage areas are increasing day by day, have found their place in different sectors and have been frequently mentioned. In an increasingly digitized world of changing and transforming end-user behavior, the need for a sharing and experience ecosystem has been prioritized.

A large amount of independent crypto assets in different ecosystems have met with investors who support them and created the concept of community under their own roofs. They have demonstrated their power through platforms accessible to the entire world such as social media and contributed to the successful realization of the digital transformation process. Therefore, it is foreseen that communities will gather their experiences and social interactions under a single roof and contribute to economic and social activities even more.

It is aimed to achieve success by integrating the development and experience in the Meta and NFT sectors without interfering with the coordination system determined by the communities themselves.

2- ALBEDO TOKEN INTRODUCTION

Albedo literally means the power of an object to reflect light. Turkey’s most visited news site KriptoKoin.com, KriptoKoin Token is also the developer of Albedo Token.

Developer Company; CryptoCoin

  • Hakan Karaca; Project Manager
  • Finance Coordinator; Soner Demir (BIGBOSS TEKNOLOJI YATIRIM A.Ş.)
  • Fatma Nur Aydeniz ; Operational Process Manager
  • Digital Marketing Manager; Fatih Göktaş

3- ALBEDO TOKEN USAGE AREAS

Albedo Token aims to unite global investor communities with Blockchain technology under a single roof. Albedo provides Token and community-specific surveys and events, special rewards, Metaverse and NFT-based game projects and the ability to generate revenue from these projects.

3.1. Advertising and Interactions

Albedo Token aims to produce solutions that enable its users to benefit from the relevant transactions, products and other privileges in the transactions that will be used in its own ecosystem and in connection with the platform products and services of other persons and institutions to be integrated.

3.2. Community Channels

Twitter, Telegram and Discord platforms will be mainly focused on events to increase community interactions.

In the community’s Discord channel, level systems will be created. These level systems shall not be materially based on but shall be designed in accordance with the following items:

  • Users who lock their Albedo Tokens for 5 months in the exchange will earn a Diamond Badge and will be able to benefit from all the opportunities within the Albedo Token Discord channel.
  • Users who lock their Albedo Tokens within the exchange for 4 months will earn a Platinum Badge and will be able to benefit from 80% of the opportunities within the Albedo Token Discord channel.

(All facilities outside voice chats are available)

  • Users who lock their Albedo Tokens within the exchange for 3 months will earn a Gold Badge and will be able to benefit from 60% of the opportunities within the Albedo Token Discord channel.

(Voice chats and all facilities outside the public chat room are available)

  • Users who lock their Albedo Tokens within the exchange for 2 months will earn a Silver Badge and will be able to benefit from 40% of the opportunities within the Albedo Token Discord channel.

(All facilities outside of voice chats, general chat room, and graphical analytics are available.)

  • Users who lock their Albedo Tokens within the exchange for 1 month will earn a Bronze Badge and will be able to benefit from 20% of the opportunities within the Albedo Token Discord channel.

(Only announcements can be made.)

3.3. Games and Missions

Albedo Token holders will have the right to participate in “Play To Earn” games that will be created by the Albedo community. In addition to the win-you-play concept, there will also be burning mechanisms and level systems.

3.3.1. Use of Metaverse Games and Virtual Reality

Albedo Token will form a joint project with gaming companies on a global scale to combine the Metaverse and virtual reality in the Blockchain infrastructure and offer users unique experiences.

Different buildings and apartments that will be found in the game will be sold under the name of “LAND” to create advertising and marketing space for private or individual companies. Purchases will be made with NFTs specifically designed for LANDs. Whitelist and special Airdrops will be made prior to pre-sale of the LANDs.

“LAND prices may vary by size and location on the map.”

Thanks to the burning mechanism to be included in the game, it is aimed to reduce the number of Albedo Tokens and contribute to the price increase in the stock market.

In virtual reality, Albedo Token users will be granted special privileges.

  • Albedo Token holders will be entitled to participate in voice chats within virtual reality.
  • Albedo Token holders will be able to display their NFT at NFT fairs within virtual reality.
  • They will have the right to participate in online sweepstakes and contests for Albedo Token holders.

3.3.2 NFTs and Tasks

NFT collections will be created where Albedo Token holders will have pre-sale benefits. The uses of these NFTs will be integrated into current lives.

  • Technological product raffles for Albedo NFT owners
  • Scholarships and accommodation opportunities for Albedo NFT holders who continue their education life
  • Albedo NFT special international and domestic package holiday opportunities for owners
  • The NFTs of Albedo NFT owners will be featured at the Blockchain, Metaverse and NFT fairs we sponsor.

4- ROAD MAP

2022 Fourth Quarter

  • Creation of Albedo Token on Bitcichain.
  • Pre-offering of Albedo Token
  • Listing of the bitcoin exchange
  • CoinGecko listing
  • Listing CoinMarketCap

2023 First Quarter

  • Global stock market listings
  • Start of surveys and events
  • Sharing demo versions of games to be created for the Albedo community
  • Starting NFT Collection productions

2023 Second Quarter

  • Introduction of NFT Collections
  • Realization of the supply of NFT Collections

2023 Third Quarter

  • Launch of Metaverse projects

5- TOKENOMICS

  • Maximum supply; 100.000.000.000
  • Total supply; 100.000.000.000

Pre-Supply

Maximum Purchase Quantity; Boundless

Pre-Sale Price; 0.004 TL Equivalent Bitci / CRYPTO Sales Price; 0,006 TL Equivalent Bitci / CRYPTO

All Albedo Tokens that are not sold in the pre-offering will be burned.

5.1. Marketing and PR Budget

Albedo Token will provide the ads it wants to publish and the marketing budget that needs to be spent by taking it from circulation in the market.

5.2. Burns and Albedo Token Quantity Exchanges

Thanks to the burning mechanism in the game to be created in the name of Albedo Token, the circulating number will decrease instantly. Token burning is defined as the removal of a token from circulation by sending an amount of it to an irreversible address. Crypto assets that have been removed from circulation once can never be brought back. Thus, as the game is played, it is aimed to reduce the number of circulating supplies and to support the deflationary situation.

6- INCOME MODEL

The commission fees generated on Albedo Token trades will be burned by regularly circulating them every month.

7- ADDITIONAL INFORMATION AND UPDATES

Technical, commercial, and social developments related to the Albedo Token project, as well as all the data that needs to be edited in the Whitepaper, will be updated regularly. These updates will be announced on all our social media accounts.

8- CONCLUSION

With Albedo Token, it is aimed to increase the number of interactions with the gathering of all crypto money communities around the world. These interactions will be supported by surveys and events, game projects, NFT collections and physical prizes.

It is aimed that the investors who will benefit from the opportunities provided by Albedo Token will have unique experiences and have more say during these experiences.

The work to be conducted together by the community is intended to connect the community and make faster progress in progress.

9- APPROVAL SYSTEM

Proof of Authority (PoA) is an algorithm that offers a more flexible blockchain consensus mechanism as an alternative to Proof of Work and Proof of Stake, performs better in terms of transaction capacity per second, and provides a consensus mechanism based on the reputation of the verifier itself.

In Proof-of-Authority-based networks, transactions and blocks are verified by verified accounts known as “validators”. Validators run software that enables the ability to transact in blocks. This process works in an automated manner and validators do not need to constantly check their computers. However, the computer, the authority node, must remain uncompromising.

To be a validator, people need to earn and deserve it and maintain the position they have earned. Validators are encouraged to support the transaction process by adding a reputation to their identity.

Proof of Authority, on the other hand, only allows for any non-consecutive block approval from any validator. PoA is a highly suitable algorithm in terms of its reliability and performance for public networks such as private networks and PoA networks where security is important.

10- SECURITY

Proof of Authority is an algorithm used with blockchain technology that provides a consensus mechanism based on the identity of a stock to perform relatively fast transactions. With the increase in the number of shares in the approval mechanism, the security mechanism continues to strengthen itself. All project owners made on Bitcichain are entitled to be consensus partners and contribute to ensuring network security.

11- DATA SECURITY

The processing of Albedo user data will be conducted within the scope of the General Data Protection Regulation to the extent applicable together with the Law on the Protection of Personal Data No. 6698 and the relevant legislation (“KVKK”). Albedo attaches maximum importance to the privacy and data security of its users and meets the requirements of the legislation in force regarding the protection of personal data.

All personal data received from users are stored on servers that can be accessed via VPN connection and cannot be accessed in any way except by authorized persons.

Albedo securely stores the data provided by you for the period specified in the relevant legislation and takes all necessary measures to prevent unauthorized access to or collection of the information you share, as required by KVKK and applicable legislation.

12- LEGAL INFORMATION

AS IT CONTAINS IMPORTANT INFORMATION, WE ENCOURAGE YOU TO READ THIS DISCLAIMER CAREFULLY AND, IF NECESSARY, SEEK ADVICE FROM YOUR LEGAL, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVISORS ON THE MATTER.

All features and practices in the Bitci ecosystem as described in Albedo and Whitepaper are not intended to be considered a securities-qualified asset in any area and are not intended to be offered securities, nor are they intended to collect a solicitation for securities investment. The Whitepaper, which contains technical and operational information about Albedo, does not contain investment advice and is not legally required.

The whitepaper does not constitute a legally binding contract or legal commitment on either Albedo or the Albedo creative company (the “Company”). Any transaction related to the sale or purchase of Albedo will become effective only upon the conclusion of agreements to be drawn up by the Company and the submission of other necessary documents (“Final Documents”). In the event of a conflict between the Final Documents and the Whitepaper, the arrangements contained in the Final Documents shall apply.

No regulatory or administrative authority or government, regardless of area, has reviewed or approved the Albedo structure or any of the information set forth in this Whitepaper. The publication of the whitepaper may not be regulated by the legislation in force in the relevant jurisdictions or may constitute a violation of the legislation in force. Due to the differences in the application of crypto money and blockchain technology in the judicial circles and other technological developments, Albedo, as in all crypto money applications, poses substantial risk and uncertainty in law as well as the potential for returns. You have the initiative and responsibility to assess these risks and invest. In addition, any part or copy of this Whitepaper must not be taken or transmitted to any country where the sale or distribution of this Whitepaper or Albedo is prohibited or restricted.

You may not purchase Albedo if (i) you are a citizen, resident, or green card holder of the United States of Europe (“USA”) and you are not entitled to be an “accredited investor” under U.S. legislation, or (ii) you are a citizen or resident of the People’s Republic of China, or (iii) you are a citizen or resident of a country subject to U.S. sanctions.

To the fullest extent permitted by applicable law, Albedo, the Company, its board members, shareholders, employees, contractors, consultants, or affiliates make no warranties or undertakings regarding the predictions and projections contained in the Whitepaper, nor do they accept any responsibility for the timeliness and accuracy of the information contained in the Whitepaper or the Whitepaper in general. Therefore, the Company reserves the right to change the information contained in the Whitepaper at any time.

This Whitepaper may contain forward-looking statements regarding Albedo operations and projections that have not yet been realized. Such forward-looking statements may differ materially from future actual results, performance, or achievements with respect to Albedo.

Considering the foregoing, you agree that you are solely responsible for any damages you may incur in connection with the Whitepaper, Albedo or in connection therewith (including, without limitation, loss of revenue or profits; loss of use or data), and that Albedo, the Company, the Company, its board members, shareholders, employees, contractors, consultants or affiliates shall have no liability for such claims and damages. This whitepaper does not constitute a partnership, business relationship, license, profit and loss partnership, joint venture relationship between Bitci and you. In addition, the profit given by Bitci to any person or institution cannot be interpreted as a partnership, business relationship, license promise. Albedo and other Bitci products or services are not a capital market or banking instrument, stock, security, investment contract.

This Whitepaper is subject to the legislation of the Republic of Turkey. All disputes related to the whitepaper will be resolved finally and exclusively by the courts and enforcement offices of Istanbul (Anatolia).