GCoin Whitepaper
Revolutionary Private Transportation Club Token Ecosystem
A BretAnsel Production
Executive Summary
GCoin is a utility token powering the GratisFare corporate club ecosystem, designed to revolutionize transportation through an innovative private club membership model with advertiser-subsidized rides. Built on Polygon, GCoin creates a sustainable economy where advertisers, club members, and platform participants benefit from a transparent, efficient marketplace for attention and engagement.
Through a unique growth-driven tokenomics model, GCoin aligns advertiser incentives with member engagement and platform expansion, creating a virtuous cycle that supports GratisFare's unlimited rides for $60/month exclusive club membership.
1. Technical Architecture
1.1 Smart Contract Infrastructure
Core Contract Details:
- Token Contract: 0xD8F8C327966dC866C915B4bC39DD7B834679c555
- Network: Polygon Mainnet
- Standard: ERC-20 with Extensions
- Deployment Date: February 26, 2025
- First Unlock: March 12, 2025
1.2 Access Control System
// Role-Based Access Control Implementation
bytes32 public constant ADMIN_ROLE = keccak256("ADMIN_ROLE");
bytes32 public constant MINTER_ROLE = keccak256("MINTER_ROLE");
bytes32 public constant PAUSER_ROLE = keccak256("PAUSER_ROLE");1.3 Token Lock Mechanism
struct TokenLock {
uint256 amount;
uint256 lockDate;
LockTerms terms;
UsageMetrics metrics;
}
struct LockTerms {
uint256 minLockPeriod;
uint256 maxHoldPeriod;
uint256 requiredSpendRatio;
}2. Tokenomics Model
2.1 Token Distribution
| Allocation | Percentage | Tokens |
|---|---|---|
| Advertisers | 40% | 400,000,000 |
| User Rewards | 15% | 150,000,000 |
| Founder #1 | 10% | 100,000,000 |
| Public Sale | 10% | 100,000,000 |
| Liquidity | 9% | 90,000,000 |
| Development | 9% | 90,000,000 |
| Team | 7% | 70,000,000 |
2.2 Advertiser Economics
Spend-locked model: Advertisers purchase GCoin and allocate to campaigns; tokens lock upon allocation and unlock as ad impressions are delivered (spend-based). Upon spend, tokens are released and resold on the open market by GratisFare via the operational resale process.
Tiered pricing remains governed by campaign quality and demand; allocation is dynamic based on campaign performance and platform capacity.
Technical Architecture
Core Systems
- Grid Algorithm Engine: Fleet positioning and rebalancing for <2 minute response times
- Interactive Ad Platform: Real-time ad serving with AI-enhanced personalization
- GCoin Transaction System: Seamless cryptocurrency payments and platform utility
- Merchant Integration Hub: Real-time inventory and ordering systems
- Revenue Attribution Engine: Complete funnel tracking from impression to purchase
- Immersive Space Controller: In-vehicle experience management
Blockchain Integration
GCoin operates on Ethereum with Layer 2 scaling solutions for cost-effective transactions. Smart contracts handle token distribution, vesting schedules, and advertiser spend-locking mechanisms.
Legal Framework & Compliance
Utility Token Classification
GCoin is designed as a utility token with genuine platform functionality. The token provides access to premium features, enables in-app purchases, and facilitates advertiser campaign operations.
Regulatory Approach
Our legal framework emphasizes compliance with relevant regulations while maintaining the innovative aspects of the GratisFare ecosystem. We have implemented KYC/AML procedures for token purchases and maintain transparent operational practices.
Conclusion
GCoin represents a new paradigm in utility tokens, where token value is driven by genuine utility and multi-source demand. The tiered access model creates real competitive advantages for advertisers using GCoin while maintaining platform accessibility through fiat options.
By balancing advertiser and member demand, implementing transparent market operations, and creating token sinks through burn mechanisms, GCoin establishes a sustainable economic model that benefits all participants.
This balanced approach aligns the interests of advertisers, club members, and token holders while enabling GratisFare's revolutionary $60/month unlimited ride corporate club membership model to scale efficiently with economic sustainability.