Version 1.0 • Draft for community review
BitCore (BTCR) Whitepaper
BitCore is a fixed‑supply, multi‑chain digital asset designed for speed, clarity and neutral branding. This document outlines the initial design, tokenomics and risk considerations for BTCR.
1. Abstract
BitCore (BTCR) is a core digital asset launched primarily on the Solana blockchain with wrapped representations on other networks. The project aims to provide a clean, transparent asset that can be used as collateral, settlement currency and liquidity base without copying or abusing existing brands such as Bitcoin (BTC).
BTCR uses a fixed supply of 300 billion units with straightforward allocation and no hidden mint functions. The token contract is intentionally simple and verifiable.
2. Networks and standards
BitCore is designed as a multi‑chain asset. The canonical supply is tracked at the Solana mint; all other networks are expected to use wrapped BTCR backed 1:1 by the primary supply.
- Solana: SPL Token, 6 decimals, immutable metadata.
Mint: [REPLACE_WITH_BTCR_MINT] - BNB Smart Chain (planned): BEP‑20 BTCR, mapped 1:1 to Solana mint.
- Ethereum (planned): ERC‑20 BTCR, mapped 1:1 to Solana mint.
- TRON (planned): TRC‑20 BTCR, mapped 1:1 to Solana mint.
3. Design goals
- Neutral identity: no Bitcoin logos or naming collisions.
- Transparency: fixed supply, public allocations, immutable metadata.
- Simplicity: minimal token logic, no reflections, rebases or taxes.
- Interoperability: consistent branding and parameters across networks.
4. Tokenomics
The global supply of BTCR is fixed at 300,000,000,000 units.
- 40% — Liquidity & Markets: seeding DEX/CEX markets and MM programs.
- 25% — Community & Incentives: airdrops, quests, campaigns.
- 15% — Ecosystem & Partnerships: listings, integrations, liquidity deals.
- 10% — Treasury & Operations: infrastructure, audits, legal, operations.
- 10% — Core Contributors: 4‑year vesting with 12‑month cliff.
5. Governance
Early stages of BitCore follow a pragmatic maintainer model, with a small group of contributors operating infrastructure and documentation. Over time, governance can migrate to a mix of off‑chain signalling (forums, proposals) and on‑chain voting for major decisions such as treasury usage and protocol integrations.
6. Risk factors
- Market risk: BTCR is a freely traded asset and may become highly volatile.
- Smart‑contract risk: integrations with DEXs, bridges and third‑party protocols introduce additional attack surface.
- Operational risk: mismanagement of keys, multi‑sigs or treasury funds can harm the project.
- Regulatory risk: digital asset regulations are evolving; participants must make their own legal assessments.
7. Disclaimer
BitCore (BTCR) is an experimental, community‑driven project. Nothing in this document or on the associated website constitutes investment, legal or tax advice. Users interact with BTCR at their own risk.
BitCore is not Bitcoin, not endorsed by Bitcoin Core developers or any financial institution, and not a promise of future returns.