Professional Documents
Culture Documents
Night Life
Night Life
www.nightlifecoins.com
TABLE OF CONTENTS
1.0 INTRODUCTION 3
9.0 TOKENOMICS 10
11.0 TEAM 12
12.0 DISCLAIMER 14
1.0 INTRODUCTION
The genesis of blockchain technology has altered conventional methods of procedure
across several industries; finance, supply chain, asset management and so on. A
direct result of blockchain technology has reshaped the manner in which the world
invests in these assets. Spawning the arrival of tokenization. A new token economy
offering the potential for a more efficient and fairer financial world by greatly reducing
the friction involved in the creation, buying, selling and usage of digital assets.
The tokenization of art, music or digitized collectibles is referred to as a Non-Fungible
Token or NFT. These assets can be created (minted), sold, or purchased on an open
market, and owned and controlled by any individual user, without the permission or
support of any centralized company. A Non-Fungible Token is a single token that is
encrypted on the blockchain network.
NFT’s are another example of a core decentralized use case produced on blockchain.
NFTs are cryptographic assets with unique identification codes and metadata which
distinguish verifiable authenticity and ownership. Once generated, the asset now has
a fingerprint enabling a safeguard from substitution, copying or subdivision. Thus
characterizing NFTs as non-mutual interchangeable assets.
A Non-Fungible item is collected or desirable because of its age, beauty, rarity,
condition, utility, sentimental value, and/or other unique features. It should be noted
that although when the phrase NFT is used most individuals relate this to a strictly
digitally created item such as a video game, social media post, digital avatar, art, or
song, NFT’s can also be physical items such as furniture, jewellery, paintings, sports
cards which usually represent original items that are not factory-built for the masses.
It is worth noting that the concept of fungibility is subjective and relative in all aspects.
The fungibility of an item depends on how fungible people think an item is. Only society
decides how scarce, unique, or interchangeable an item is.
With the continuous growth and development of NFTs within the blockchain industry,
the NIGHTLIFE token was born. NIGHTLIFE’s team of experts elected to create a
BEP-20 token which operates on the Binance Smart Chain. This enables a standard
ability to transfer tokens between different blockchain networks. The Specific design
of flexibility makes utilizing this token-driven platform most appealing, especially
because NIGHTLIFE will be backed by an NFT marketplace. The native NIGHTLIFE
coin is a utility token with which platform activities such as trading, incentivization and
governance will be carried out.
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2.0 OVERVIEW OF NIGHTLIFE PLATFORM
As earlier mentioned, NIGHTLIFE is a Binance Smart Chain-based ecosystem that is
powered by NIGHTLIFE coin. The NIGHTLIFE coin is a deflationary token; which not
only provides a high yield bearing transaction fee it is coupled with a revolutionary
payment processing system. Additionally, the coin will be backed by its very own
marketplace simulating the same distinction as when US currency was backed by
gold. Having the token backed by an NFT marketplace creates a fail-safe that fortifies
value and helps the token defy devaluation.
Features include:
1. Marketplace Lottery inclusion
2. Premiere access to exclusive NFT’s
3. The ability to take advantage of any and all marketplace auctions instantly
utilizing the “Buy it now” option feature
4. Discounts on all auctions and marketplace merchandise
5. Exclusive primary access to the featured partnership, “NIGHTLIFE only” auctions
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3.0 NIGHTLIFE ECOSYSTEM TOKENS
Anyone that has ever participated in the cryptocurrency market knows what tokens
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are. They are units derived from cryptocurrencies that can serve as means of payment
or fulfil a predetermined function in the ecosystem of a given project. Market price is
determined on the basis of supply and demand and is interchangeable. The supply is
usually high and their role is to fulfil the tasks set by their creators, or to contribute a
certain value to their owner. Such tokens based on the Binance chain are referred to
as BEP-20. The NIGHTLIFE ecosystem is also based on this type of token - the
NIGHTLIFE coin.
It is with the NIGHTLIFE coin that platform activities such as incentivization and
transaction will be carried out at discount prices. It is the core of the platform, backed
by the NFT marketplace and uses a deflationary approach to ensure that the token’s
value continues to rise. The deflationary token system mentioned is completely
different from deflation in the strict economic (traditional) sense. It means that a certain
portion of the token will be removed from circulation to increase the perceived value
of the token. Existing deflationary tokens use different approaches to ensure tokens
are removed from circulation, such as token burning and buyback.
This is exactly the case with NIGHTLIFE coin, the deflationary approach will employ
the token liquidity strategy as per the contract. To ensure credibility, the token is
backed by a team in the USA and the contract is audited to detect vulnerable points
and security loopholes.
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4.0 NIGHTLIFE NFT MARKETPLACE
NIGHTLIFE Vault - Consisting of an ever growing 25,000+ never before seen assets
of entertainers and stars. Our exclusive NFT’s come equipped with certificates of
authenticity, negatives from original photos or the actual item. This provides a newly
implemented full ownership component ascending to be without doubt a staple in the
NFT world while further correcting the traditional downside of many NFT’s.
NIGHTLIFE Peer to Peer - The P2P section of the marketplace will allow individuals to
place their personally owned or developed NFT’s for bid. With it, users can purchase,
sell, and exchange tokens with anyone in the world. Sellers can set auction time from
one hour to two weeks. Since proof of ownership and transactions are stored
permanently on the blockchain, buyers become the valid owner following payment of
awarded auction. Trading on this exchange occurs through a smart contract. As such,
transacting parties can trust that the trade will occur as per their agreement
Creation Center - For keepsake or potential profit the creation center offers the ability
to be in the game. Create your very own original NFT masterpiece. Accompany the
professionals and take advantage of this booming industry of digitized art.
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5. CRYPTO PAYMENT PROCESSING
Introducing DAYPAY by NIGHTLIFE
Right now, the migration of businesses accepting crypto is moving at a rather slow
rate. The main reason for this is because many of the coins/tokens (BTC) are not
owned or managed by an individual resulting in a lack of vision, growth and
salesmanship.
NIGHTLIFE will have the first “BOOTS ON THE GOUND” approach integrating the
world to accept crypto as another form of payment. No longer lacking incentive our
international commission based ‘DayPay’ Processing Program unveils the opportunity
for business owners to accept crypto payments for any transaction.
The program will have a domino effect
of success simultaneously raising brand
awareness. While any registered coin
can be accepted; NIGHTLIFE provides
a faster, secured option (with the lowest
fees). All that is needed is the DAYPAY
app - a Tablet and a customer.
The application converts the price from
local currency instantly into the
customers selected payment method
generating a QR code. The customer
scans the QR using their SMART
PHONE (crypto wallet) completing the
transaction instantly.
There is an option for the vendor /
business owner to have these
payments processed instantly in crypto
to a business wallet or in most cases
the merchant chooses the route similar
to credit and debit card processors.
In this scenario the payment will be instantly converted to the local currency and appear in the
business owners bank account the next business day. It is fast. It is simple. It is the future.
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7. ENHANCED RETURN ON INVESTMENT
As previously mentioned, one of the features of NIGHTLIFE coin works by applying a
yield bearing transaction fee. The NIGHTLIFE smart contract instantly splits this fee
between all holders and the token's liquidity.
Additional Innovations in the NIGHTLIFE smart contract allow certain addresses, like
the Pancake swap liquidity pool or central exchange wallets, to be blocked from
earning fees confirming 100% of all fees generated are properly distributed. The
percentage of fees earned is calculated by the percentage of NIGHT that one owns
among holders. This generates a much higher yield for early investors. However, the
ability for all investors to continuously accumulate coins thanks to the automatic
laminar returns essentially providing instant ROI correcting the downside of traditional
staking.
Example:
1. Customers purchase the asset backed featured NIGHTLIFE coin which allows
for ongoing stabilized growth.
2. The NFT marketplace’s superiority paired with the ground breaking crypto-
processing app generates price discovery several times the launch price.
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8.0 MARKETING STRATEGY
The contemporary method of marketing is through digital media. The NIGHTLIFE
Platform will take this to the next level by adding a touch of gorilla marketing to
promote the platform and spread the word about its BSC-based utility token, NFT
marketplace and payment processor. We will also adopt customer engagement
strategies and use the service of the best cryptocurrency marketing firms in the
industry. With them, the growth of our platform will be sustained through full funnel
growth hacking techniques.
We will also use social media marketing and run ads on platforms such as Facebook,
Instagram, TikTok and a host of others.
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9.0 TOKENOMICS
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10.0 ROADMAP & FUTURE TRAJECTORIES
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11.0 TEAM
William Meyer – Chief Technical Officer
Full stack web developer and software engineer focused on quality, fast delivery, and
great communication. With over thirty-five years of experience in the area of software
and hardware engineering. Air Force Veteran - involved in military avionic electronic
equipment and software. Master’s degree in computer science, in the school of
engineering. Blockchain and Full Stack development experience. Led end-to-end
development, UI/UX, Branding and launch of multiple internationally successful
fintech products.
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Munish Chetal – Lead Developer
Over 25 years of extensive executive level experience in Software Development with
Hardware Integration for Building Innovative Convergence Products, Applications,
IOT & Handheld Devices. Munish’s extensive product development and management
expertise includes building efficient and cost-effective solutions using latest
technologies that includes Blockchain Technology, Data Science, Data Analysis &
Artificial Intelligence (AI), Cognitive Computing, Mobile Apps, Digital Marketing.
As Innovative Catalyst he rides on the technology path, and defines the product
solutions using technology, innovation & sustenance engineering & financial
structuring.
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12.0 DISCLAIMER
In consideration of NIGHTLIFE Platform (referred to as “Company”) providing this
whitepaper to the recipient; the recipient acknowledges that the contents of this
whitepaper are confidential to the Company and the recipient agrees not to disclose,
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distribute or communicate verbally, directly
contents of this whitepaper except with prior written consent of the Company. For the
purposes of this acknowledgement, “recipient” includes, without limitation, any
principal, employee or agent of the recipient.
This whitepaper, and any offers made within it, is solely for Participants. This
whitepaper provides a summary of the main features of the Company. It contains
general advice only and has been prepared without taking into account any
participant’s objectives, financial situation or needs. Participants should read the
whitepaper carefully and assess whether the information is appropriate for them in
respect of their objectives, financial situation and needs. This whitepaper does not
purport to contain all the information that a prospective participant may require. In all
cases, interested parties should conduct their own investigation and analysis of the
Company and the data contained in this whitepaper. The Company does not make
any representation or warranty as to the accuracy or completeness of the information
contained in this whitepaper. Furthermore, the Company shall not have any liability to
the recipient or any person resulting from the reliance upon this whitepaper in
determining whether to make an application to invest in the Company’s token.
The Company considers that the financial and non-financial information contained in
this whitepaper has been prepared to the best of its reasonable knowledge and ability.
However, recipients must rely on their own investigation of all financial information and
no representations or warranties are or will be made by the Company as to the
accuracy or completeness of such information.
The Company makes no representation about the underlying value of the tokens on
offer. Prospective participants must make their own assessment about whether the
price of the tokens being offered represents fair value.
Participant Warning
Participation in a token offering carries high risks. It is highly speculative and, before
participating in any project about which information is given, prospective participants
are strongly advised to seek appropriate professional advice.
The information contained in this whitepaper has been prepared by or on behalf of the
Company. NIGHTLIFE Platform has not undertaken an independent review of the
information contained in this whitepaper.
Prominent Statements
The information contained in this whitepaper about the proposed business opportunity
is not intended to be the only information on which a decision is to be made and is not
a substitute for a disclosure document, or any other notice that may be required under
law. Detailed information may be needed to make a token participation decision.
Future Statements
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Except for historical information, there may be matters in this whitepaper that are
forward-looking statements. Such statements are only predictions that are subject to
inherent risks and uncertainty.
Forward- looking statements, which are based on assumptions and estimates and
describe the Company’s future plans, strategies and expectations, are generally
identifiable by the use of the words ‘anticipate’, ‘will’, ‘believe’, ‘estimate’, ‘plan’,
‘expect’, ‘intend’, ‘seek’ or similar expressions.
None of the Company, its officers or any person named in this whitepaper with their
consent, or any person involved in the preparation of this whitepaper, makes any
representation or warranty (express or implied) as to the accuracy or likelihood of
fulfillment of any forward-looking statement except to the extent required by law. The
forward-looking statements reflect the views held only as at the date of this
whitepaper.
Value Risks
Tokens issued by the NIGHTLIFE Platform may drop substantially in value or may
remain illiquid for long periods of time or indefinitely. NIGHTLIFE Platform cannot
guarantee an active secondary market for the exchange of tokens purchased in the
token sale.
Not all disclosures or statements are being made in this document. Participants should
review the token sale in its entirety and seek the professional advice of legal counsel
and investment professionals.
The Company’s tokens may change in value based on a number of factors that are
outside our control. There is no guarantee or expectation that the Tokens will increase
in value, provide a return, or have sufficient adoption and liquidity on exchanges.
Owning these tokens does not constitute a share of equity or ownership in the
company. The tokenomy is new and exciting. Regulatory circumstances may require
that token mechanics be changed or altered.
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NIGHTLIFE Coin does not have any rights, uses, purpose, attributes, functionalities
or features, express or implied, including, without limitation, any uses, purpose,
attributes, functionalities or features on the NIGHTLIFE Platform. The Company does
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not guarantee and is not representing in any way that the NIGHTLIFE Coin has any
rights, uses, purpose, attributes, functionalities or features. The Company reserves
the right to refuse or cancel NIGHTLIFE coin purchase requests at any time at its sole
discretion.
Not a Security
It is important to note that any tokens issued on NIGHTLIFE Platform are not intended
to be securities, and this document is not a prospectus, offering document or a
solicitation for investment in a share or equity offering. Tokens issued on our platform
as referenced in this document do not confer any type of ownership or debt within the
NIGHTLIFE Platform system. Tokens currently trading or issued in the future are non-
refundable. NIGHTLIFE Platform will not guarantee any value, market, or
commitments to the value of such tokens. Buyer and owners shall participate their
sole risk.
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