Whitepaper

Project Summary

GreenWallet aims to revolutionize the payment solutions for dispensaries, coffee shops, and grow shops by utilizing a decentralized blockchain network. This project addresses the financial and security challenges faced by businesses in the green industry by providing a secure, efficient, and privacy-focused payment app. GreenWallet leverages the power of blockchain to offer end-to-end encrypted transactions, ensuring user anonymity and data integrity. Pre-sale investors benefit from continuous passive income, high ROI, and the opportunity to manage network nodes.




Introduction

GreenWallet is a future-proof blockchain-based payment solution designed specifically for the cannabis industry. By leveraging decentralized blockchain technology, GreenWallet aims to provide secure, efficient, and transparent transactions for dispensaries, coffee shops, and grow shops. This document details the functionalities, advantages, and economic structure of GreenWallet, highlighting how it addresses key issues faced by the cannabis industry.



Transforming How We Buy & Sell Your Greens

GreenWallet is set to change the way businesses in the green industry sell their products. By adopting decentralized blockchain technology, GreenWallet provides a secure and efficient payment solution that mitigates the risks associated with traditional cash transactions.



The Future of Business is Decentralized Blockchain

GreenWallet utilizes a decentralized network where each pre-sale investor can run a network node, earning 1% per transaction. This setup enhances security, efficiency, and user privacy.

Key Features of the GreenWallet

  1. Decentralized Blockchain Network: Ensuring tamper-proof and end-to-end encrypted payments.
  2. Enhanced Privacy: Using cryptographic Web-3 addresses for anonymous transactions.
  3. Passive Income Opportunities: Through Network Nodes and Pre-Sale investments.
  4. Unique Marketing and Loyalty Programs: Empowering businesses to reward loyal customers.
  5. Scalability and Resilience: Utilizing Proof of Work and Proof of Stake mechanisms.



Problem Statement

Why we know the GreenWallet will become a major success!


Solving a $40 > $200 Billion Problem

GreenWallet addresses the $40 billion US and $200 billion Global problem faced by the cannabis industry due to cash-only transactions and the associated risks. By facilitating cryptocurrency transactions, GreenWallet offers a safer, cost-effective alternative to traditional banking, with additional perks for both businesses and customers.



Traditional Banking is No Solution

Due to stringent regulatory constraints, financial institutions often decline deposits from certain sectors, forcing businesses to resort to alternative services that increase their vulnerability to theft and high transaction fees, sometimes up to 20% of their income.




Solution

GreenWallet will be designed to revolutionize the payment landscape for the Greens industry. Traditional banking systems have long posed challenges due to regulatory constraints and security risks associated with cash handling. GreenWallet addresses these issues by utilizing a decentralized blockchain network, offering a secure and efficient payment solution.



GreenWallet Payment App

GreenWallet provides a comprehensive payment solution with promotional and loyalty capabilities, enhancing both customer engagement and business efficiency.

Promotional and Loyalty Features: Offer discounts, personalized messages, and special benefits to frequent visitors.

User-Friendly Mobile App: Provides quality customer service, convenient shopping, and exclusive offers through a user-friendly interface.



Blockchain Network & Privacy Advantages

Decentralized and Secure Transactions

  • GreenWallet leverages a large decentralized network, ensuring that transactions cannot be altered or deleted once recorded. This immutability guarantees data integrity and security.
  • Cryptographic Security: Uses advanced cryptographic techniques to protect user identities.
  • Decentralized Nodes: Distributes data and operations across multiple locations, reducing the risk of a single point of failure.


Trusted Decentralized Blockchain

GreenWallet uses advanced cryptographic techniques to secure transactions and protect user data. The decentralized nature of the blockchain ensures resilience against attacks.

Proof of Stake and Proof of Work

GreenWallet employs a combination of Proof of Stake and Proof of Work to validate transactions, ensuring that no single entity can manipulate transaction histories. With as objective: Increased Efficiency and Cost-Effectiveness

Ever Growing Token Price + High ROI

Pre-sale investors enjoy a high ROI, with the token price set to increase significantly post-launch. The earlier the investment, the higher the potential returns.



Network Nodes

GreenWallet investors can run Network Nodes, earning 1% per transaction.


Running a Network Node

Pre-sale investors can manage a network node, earning 1% per transaction. To qualify, token holders must lock in at least 100,000 tokens. Each Web-3 address and Bare Metal Device is limited to managing one network node.


Extra Income for Pre-Sale Investors

In addition to the ever-growing token price, pre-sale investors earn 0.5% on each transaction, distributed among all early investors. This is on top of the 1% per transaction earned as a network node manager.


Network & Validator Nodes

Validator Nodes validate transactions and ensure even utilization of Network Nodes. The number of Validator Nodes changes weekly, and their selection remains confidential to prevent manipulation.



Affiliate Program

GreenWallet offers a 10% referral commission, with additional benefits for referrals who invest.

GreenWallet Referral Program


Everyone can become a GreenWallet referral, earning a 10% commission on pre-sale investments.

Referrals who also invest join the Loyalty Program, earning 0.5% on every transaction made by their referrals.

Two Levels Pre-Sale Referral Program: 1st level investors earn 5% from their referrals, while 2nd level investors earn 5% from the people they refer.


Investors with a Coupon Code: Earn an extra 10% in tokens when using a referral code.




Tokenomics

– Pre-Sale: 20%

– Team: 10%

– Development: 15%

– Marketing: 20%

– Advisors & Legal: 5%

– Community: 20%

– Liquidity Pool: 10%




Milestones

Q1 > Q3

  • Launch of the Pre-Sale
  • Marketing of the Affiliate Program
  • Marketing of the GreenWallet Project

Q2 > Q4

  • Marketing of GreenWallet to Businesses
  • Presenting the first and final designs of the GreenWallet
  • First prototype of the GreenWallet Payment App

Q3 > Q4

  • Launch of the Initial / Official Token Distribution
  • Deployment of Network and Validator Nodes
  • First roll-out of the terminals at Businesses

Q4 > Q6

  • Full launch of GreenWallet mobile app with integrated marketing and loyalty features
  • Marketing of the Loyalty Program +  Payment App
  • Optimizing the operations of the Payment App

Q6 > Q9

  • Increasing the installation of terminals at Businesses
  • Increasing of signing up new Users and Businesses
  • Expansion of GreenWallet to international markets
  • Increasing the functions of the Payment App

Q9 > Q12

  • Governance based developments of the Payment App
  • Global marketing of the GreenWallet Payment App
  • Bringing the GreenWallet in different languages


Slot Summary

GreenWallet offers a secure, efficient, and privacy-focused payment solution for the green industry. By leveraging decentralized blockchain technology, GreenWallet addresses the challenges faced by businesses and provides numerous benefits to both users and investors. Join the GreenWallet pre-sale today to take advantage of continuous passive income, high ROI, and the opportunity to be a part of the future of green industry payments.