WHITEPAPER
FABI WHİTEPAPER
A- INTRODUCTION
We're in a time of fast-paced technological change, experiencing big and interesting shifts. That's why it's crucial for technology to be speedy, reliable, and easy to use in our daily lives.
Financial tools are evolving to give people more choices, adapting to new technologies along the way. In the business world, the aim is to create and maintain their own systems to stay relevant and achieve real goals. Keeping up with advancing technology is essential, ensuring growth, efficiency, and constant synchronization within the system.
The world is going through a significant transformation; economic models are shifting. Sectors that can't keep up with technology lose influence, while those quick to integrate not only grow stronger but also boost their efficiency.
B- CASH MIGHT BE OUTDATED
Because of new and improving technologies, the way people use cash has changed with the rise of digital money systems.
Innovations like blockchain, widely used on the Internet, have made it easy for everyone to transfer not only information but also assets.
From credit cards and contactless payments to cryptocurrencies and now digital currencies, it's clear that our long-standing relationship with cash is changing.
Many countries and central banks are moving towards digital currencies, and some are even working on creating their own digital money systems.
C- WHAT IS FABI TOKEN?
In the evolving digital ecosystem, numerous coins and tokens have been developed with the goal of speeding up payments and facilitating control for individuals, businesses, and companies in the new financial world powered by blockchain technology.
FABI Token is a digital currency created to make payments faster and easier to control in the evolving digital world. It focuses on the Food and Beverage industry, aiming to boost the usability of crypto payments globally for services and products in this sector.
The goal of FABI is to be a helpful asset for people adapting to the new financial world. Users can use FABI Tokens as easily as traditional currencies like USD, EUR, or GBP, making it a convenient option wherever they are.
D- POTENTIAL USES OF FABI TOKEN
In a world where financial technological systems are rapidly globalizing, FABI aims to be a pioneer with new technologies.
FABI Token has the potential to be used globally, thanks to blockchain technology. It's not just for individual needs but can bring convenience to all kinds of businesses in various sectors.
In the food and beverage industry, where many companies provide different services, FABI Token offers a way for both financial firms and individuals to get services seamlessly 24/7 in the evolving digital world. It's not just about meeting individual needs; it aims to make things easier for businesses worldwide.
So, instead of traditional meal vouchers and tickets, FABI Token could become the digital payment choice in the food and beverage industry, adapting to the changes in the digital world.
E-SECURITY APPLICATIONS
The acquisition of FABI Tokens by users is expected to be facilitated primarily through affiliated organizations and exchanges. The necessary infrastructure and service production for this should be established by these affiliated organizations and companies.
Affiliated organizations are expected to take the necessary measures within the framework of anti-money laundering and counter-terrorism financing legislation, including monitoring users, user accounts, and related transactions. However, FABI Token is not responsible for the proper or improper execution of these checks.
Affiliated organizations must comply with the legal regulations and directives related to anti-money laundering and counter-terrorism financing, as well as all other laws and regulations, including judicial and administrative decisions in their respective countries.
In the event of official authorities requesting information and documents regarding transactions and operations from these organizations, it will be their responsibility to provide such information to the authorized official authorities.
F- TECHNICAL DETAILS
F.1. FABI Token is a crypto asset product based on the ERC-20 token standard, produced using Ethereum blockchain technology on the Polygon network.
F.2. . Initially, 2,000,000,000 FABI Tokens will be created, and there won't be any additional minting. Out of these, 750,000,000 tokens will be made available for public sale or offering.
F.3. From the allocated 500,000,000 tokens for Research and Development activities; 100,000,000 tokens are reserved for the Token Project Team. The remaining 300,000,000 tokens will be used as a means of payment for activities such as Exchange Listings (Stock exchange listings), 50,000,000 tokens for Advertising Campaigns, and 50,000,000 tokens for Technical infrastructure improvements and development.
F.4. Out of the total production, 500,000,000 tokens will be distributed as rewards to individual investors and buyers using FABI Token as a payment method, and to corporate entities and firms that officially sign contracts accepting FABI Token as a payment method in their sectors. Rewards for users meeting specific conditions, including airdrop announcements, will also be covered from this pool.
THE REWARD SYSTEM:
After the Airdrop, individuals and companies who register on the Whitelist before the announced deadline on the FABI Token official website will qualify for the reward system. The reward system offers benefits when making token purchases, as specified in the table. Only those on the Whitelist can participate.
Each individual or corporate investor can benefit from this special sale only once.
The rewards will be paid in FABI Tokens.
The reward percentages for FABI Token purchases are;
5% for individual investors and users
10% for Affiliated Companies and Organizations
Once the Whitelist registration period ends or when the allocated token amount for rewards is reached, the Reward system will be discontinued. This information will be communicated to users and investors through our corporate website and social media channels.
MINIMUM AND MAXIMUM PURCHASE QUANTITIES
PRIZE AMOUNTS
10.000 Pieces to 15.000
Between menstruation
(One Time Only)
15.000 Pieces to 25.000
Between menstruation
(One Time Only)
F.5. A total of 250,000,000 FABI Tokens will be set aside and locked for future burning, with a regulated system in place. The locked tokens allocated for burning will undergo the burning process, starting from the year following the exchange listings. This will involve burning 50,000,000 tokens each year for a period of 5 years. We will communicate these processes to our investors and users before and after burning through our official website and social media channels.
F.6. All legal rights to FABI Token belong to its founder, owner, and developer. Unauthorized use of any materials, information, documents, or content is strictly prohibited.
G- DEVELOPER INFORMATION
FABI Token is developed by Bülent CEYLAN, aiming to bring together innovative digital technologies with traditional financial expertise. The goal is to enhance efficiency, create added value for individuals and businesses, and exist globally in a way that benefits humanity.
Bülent CEYLAN
Founder and Project Owner
(15619001058)
mail : info@fabitoken.com
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