Real Goods For Florins.

Buy all for crypto. Pay for all in FLORINs

Whitepaper

1. Introduction

The main idea of the project is to create the first, the best and the largest portal in the world for online shopping where you pay in crypto-currency. An important goal is also to associate producers and sellers who do not know much about crypto-currencies (and who are dissatisfied with the operation of monopolists present on the online sales market) with crypto users on the other hand who, do not have the opportunity to make direct or indirect purchases using their crypto-currencies.

It will be made by creation the multinational e-commerce portal like eBay. Newly created portal named buyforcrypto.com will broke customer to customer and retail sales through on-line marketplaces in many markets worldwide. Sales will occur via „buy it now” instant sales, and the company will charge commissions to sellers upon putting up goods for sale. Buyforcrypto.com will be designed for individuals and companies to purchase and sell almost any legal item. The buyforcrypto.com service will be accessible via websites and mobile apps.

Transactions on buyforcrypto.com will be realized with use of new ERC20 (base) EVM compatible token “FLORIN” issued by the buyforcrypto.com founders. Directly or indirectly. FLORIN will be used also for paying commissions to the company.

Tokens turnover policy will be realized in a way that allows for minimal FLORIN price fluctuations. Total 10 billions tokens will be issued. Majority of tokens will be frozen at the beginning of the process of adoption. Upon a eventual hard fall of token price a decision can be made to buyback the tokens.

The company will make every effort to ensure that the price of FLORIN token does not depend on bitcoin. The goal is a constant, uniform increase in the token price. which is intended to provide sellers with comfort and an additional increase in profits over time.

Knowing that crypto-currencies are not regulated and tax low is not always clear in different countries every transaction will be properly posted in accordance with known law to each country. A BARTER AGREEMENT (if transaction not made by GIFT CARD or by FIAT) will be automatically generated for both parties with the contractual price expressed in FIAT currency. This will make it easier for parties to settle eventual taxes and customs duties. As the number of users and transactions increases, the project assumes the use of several cheaper and faster networks. To this happen, the team will create a mechanism (bridge) to convert tokens from one network to another.

If the regulation of stable coins takes place company will open up the ability to pay in stables. Own buyforcrypto.com stable token is planed as a platform grows. Stables can be created for several fiat currencies. For example, PLN, USD and EUR. Both stable and FLORIN tokens will be possible to purchase by those registered on buyforcrypto.com platform via inter-bank transfers as well as those not registered via ATM card.

After 24 months of functioning buyforcrypto.com portal the governance token – Bay For Crypto Governance Token will be issued. Tokens will give the owners the opportunity to influence decisions regarding the development of the portal and the possibility of receiving 1% of the company’s profit if dividends are paid in the form of an airdrop of FLORIN token.

In this project best investors and buyforcrypto.com buyers and sellers with the highest turnover after 5 years of the project will receive ownership tokens which will entitle them to take over 2% shares of the company.

We attach great importance to the possibility of operating in poor countries and countries with high inflation. Our token will only increase in value over time as the number of users increases. This will protect FLORIN tokens users against inflation. To additionally support poor countries, 1% of our revenues from fees for exhibited items will be allocated to the education of children in poor countries in Africa, Asia and Central and South America.

2. Online marketplace: buyforcrypto.com

2.1 Vision

The main idea of the project is to create the first, the best and the largest portal in the world for online shopping where you pay in crypto-currency. It will be a multinational e-commerce portal like eBay. Buyforcrypto.com will broke customer to customer and retail sales through on-line marketplaces in many markets worldwide. Sales will occur either via on-line auctions or „buy it now” instant sales, and the company will charge commissions to sellers upon putting up goods for auction or instant sale. Buyforcrypto.com will be designed for individuals and companies to purchase and sell almost any legal item. The buyforcrypto.com service will be accessible via websites and mobile apps. Buyers and sellers may rate and review each other after each transaction, resulting in a reputation system and the additional benefits like lower fees and airdrops of new issued tokens.

2.2 Realization

The web page will be created like other on-line marketplaces. The only difference will be the additional links which let the user to buy GIFT CARDS, BRIDGE tokens and stack tokens. Next to the seller’s offers in addition to the buttons with the fiat price, there will be additional button with the price of the product in FLORINs.

After receiving the financing, the company will be registered as a joint-stock company and additional people will be hired to meet the challenge of creating a fully functional on-line portal. Additional workers will be needed to secure security of the portal, security of customers and merchants data, and the security of deposited funds.

After the website is completed, a website security audit will be carried out by independent certified institutions.

2.3 Transactions

Transactions on buyforcrypto.com will be realized with use of traditional FIAT currencies and ERC20 (base) token “FLORIN”. Directly or indirectly. FLORIN will be used also for paying commissions to the company.

Generally speaking, there will be a few ways to buy and sell items on this platform. Generally FLORINs owners will have the best conditions. Just find your item and buy it by paying in FLORINs. As not all future users of buyforcrypto.com and especially future sellers are familiar with crypto-currencies and block-chains and will accept payment in FLORINs from the beginning of their adventures with buyforcrypto.com team decided to be as sellers and buyers friendly as possible. Sellers will decide if they want to offer goods in FIAT currencies (USD, EUR or national ones) or in FLORIN tokens. It will take the risk off their minds with crypto-currency rate changes which could be uncomfortable for new buyforcrypto.com sellers. To realize that portal will offer buyers GIFT CARDS issued in USD, EUR or any other national currencies (chosen and supported by portal ). Buyers will be able to buy them using FLORIN tokens. And with use of gift cards buyers will be able to buy items issued in any FIAT. After successful trade it will have possibility for sellers to resell the gift cards to the company operating the buyforcrypto.com portal. . The company will also work on the ability to accept our gift cards by other sales companies or/and the ability to issue third-party gift cards on our portal.

Third way of purchasing goods will be traditional way. By credit card or by bank transfer. To encourage sellers to list their goods in FLORINs, the fee for listing will be more attractive when issued in cryptocurrencies.

If the regulation of stable coins takes place company will open up the ability to pay in stables. Both stable and FLORIN tokens will be possible to purchase by those registered on buyforcrypto.com platform via inter-bank transfers as well as those not registered via ATM card.

2.4 Networks and bridges

Company is going to use proven, secure, fast and cheap networks. At the beginning company decided to issue the ERC20 FLORIN token based on the Polygon PoS network.

The project assumes the use of several cheaper, faster, more popular and/or developing better networks. To this happen, the team will create a mechanism (bridge) or use trusted sites that offer such a service to convert tokens from one network to another. Following bridges: From polygon PoS to solana and polygon to base and/or toncoin are planed.

2.5 Taxes and custom duty

BuyForCrypto will be fully compliant with laws and regulations within the EU as well as USA and other countries regarding taxes and custom duties. Although crypto-currencies are not fully regulated and tax low is not always clear for all countries, company will do its best to make it easier for the parties to fulfill laws and regulations and to determine the taxes and customs duties to be levied, if any.

Every transaction will be properly posted in accordance with known law to each country. A barter agreement (if transaction not made by GIFT CARD or by FIAT) will be automatically generated for both parties with the contractual price expressed in FIAT currency.

2.6 KYC & AML

Company will fulfill financial service industry standards for KYC (Know Your Customer) and AML (Anti Money Laundering) procedures and processes according to American and European law standards. Furthermore, applicable guidelines and recommendations by the Financial Market Authority of Europe will be implemented. Due to the specific business area, custom safety precautions will be implemented according to BuyforCrypto business model. These aim to identify, prevent and eliminate money laundering and fraud cases. Moreover, BuyForCrypto screens all customers concerning various other aspects which are not legally required, but crucial for fraud or crime prevention. BuyForCrypto is fully compliant with laws and regulations within the EU as well as USA.

To sum up, BuyForCrypto will be in-line with applicable regulations and will fulfill the 5th EU Anti-Money Laundering Directive.

2.7 Charity

We attach great importance to the possibility of operating in poor countries and countries with high inflation. Our token will only increase in value over time as the number of users increases. This will protect FLORIN tokens users against inflation. To additionally support poor countries, 1% of our revenues from fees for exhibited items will be allocated to the education of children in poor countries in Africa, Asia and Central and South America. This will be done by donating tokens to education support organizations in these regions. The tokens will have to be spent on school supplies and other items needed in education on the buyforcrypto.com website. This should also help sellers in these countries grow.

2.8 Team

The BuyForCrypto team consists a group of talented individuals from Europe. More than half of the employees are best-in class software, while the other half are experienced professionals in their individual fields. To comply with future demand on the regulatory side, BuyForCrypto upon receipt of funding will also hire more programmers and employees to take care of the security of the on-line marketplace as well professionals from the Financial Market, leading law firms, the chamber of commerce, leading banks and former entrepreneurs.

All employees share the vision and are driven by the idea of shaping the future of the on-line marketplace industry. BuyForCrypto fosters an innovative corporate culture where new ideas are always embraced and achievements are immediately recognized. We hope that BuyForCrypto will growing rapidly and expanding its team. All job listings will be found on the BuyForCrypto website.

3. Real Goods for Florin “FLORIN” Token

3.1 Overview

Tokens turnover policy will be realized in a way that allows for minimal FLORIN price fluctuations. Total 10 billions tokens will be issued. Part of tokens will be frozen at the beginning of the process of adoption. Upon a eventual hard fall of token price a decision can be made to burn the tokens. This process will be reversed in better times. As a buyforcrypto.com becomes more popular, the demand for tokens will increase so there may be no needs to reduce the token quantity. In order not to lower the price of the token, sellers will be able to stack tokens in staking pool implemented into web page with a variable interest rate depending on the market trend. An increase in the token price will result in a reduction in the interest rate and vice versa. The company will make every effort to ensure that the price of FLORIN token does not depend on bitcoin. The goal is a constant, uniform increase in the token price. which is intended to provide sellers with comfort and an additional increase in profits over time

3.2 Tokenomics

Utilizing the base PoS network

FLORIN – UTILITY DEFI TOKEN,

TOTAL SUPPLY: 10,000,000,000 (10B)

Picture 1. Token distribution

Picture 2. Token distribution as a function of time

3.3 Governance tokens

After 24 months of functioning buyforcrypto.com portal the governance token – Bay For Crypto Governance Token will be issued. 40% of tokens will by air-dropped to the holders and active users of buyforcrypto.com in ratio 50/50 (10% every year over a period of 4 years). The right to air-drop will be granted to holders who will have at least 10k FLORINs on their wallets for at least 80% of the time by the specified time in the first year, 100k in the second year 1m in the third and 10m in the fourth one. The same applies to sellers and buyers on the portal. Every year over a period of 4 years, the rights to tokens will have 40% with the highest turnover in the first year, 30% in the second year, 20% in the third 10% in the fourth one. 30% of governance tokens will be sold publicly and rest will be provided to the employees and owners of shares of the company in ratio 50/50. The mentioned tokens will give the owners the opportunity to influence decisions regarding the development of the portal and the possibility of receiving 10% of the company’s profit (this 10% counts for all 100% of governance tokens) if dividends are paid in the form of an air-drop of FLORIN token.

3.4 Ownership tokens

It should be noted that at least 99% of tokens of the cypto-market are completely worthless and useless, yet people invest money in them, counting only increases on the basis of speculation, and in fact they are only donors of capital, getting nothing in return as investors, they are not co-owners of companies that they allow to get back on their feet. They have no control over what is happening in the company. Teams often abandon projects after receiving payment for tokens without consequences, or they are outright scams. Companies emitting tokens promise somebody the earth. It is all pie non the sky.

In this project best investors and buyforcrypto.com buyers and sellers with the highest turnover after 5 years of the project will receive 2% of all ownership tokens which will entitle them to take over 2% shares of the company. Tokens will be divided according to the key that 50% of these tokens will be awarded to the top 100 holders in proportion to the tokens held and rest 50% for the top 100 sellers with the highest turnover. Ownership tokens will be able to be sold until they are exchanged for shares within 1 year of issuance.

Any holder who engages in a rapid token sell-off, which results in a token reduction of 4% or more within 24 hours, will be excluded from the possibility of obtaining ownership tokens. Wallets associated with the address involved in the procedure will also be taken into account. Rights of receive those tokens will be transferred to the next holder (in order depending on the number of tokens held). The same goes for traders on the buyforcrypto.com.

Different wallets of the same person (holder) do not add up, and the largest one is taken into account. In a situation where the same person acquires the rights to receive ownership tokens as a holder and as a seller, the rights add up.

4. Roadmap ✔️

  • Q4 2024: FLORIN ERC20 token creation on Base network. ✔️
  • Q2 2025: Seed sale, pre-sale and public sale. (in progress)
  • Q2 2025: Debut on DeX. Providing liquidity of FLORIN on Aerodrome.
  • Q3 2025: Creating and providing token (liquidity) on other networks. Depending on the preferences of the investors (Solana, Linea, etc).
  • Q3 2025: Organization of the company. Hiring additional employees.
  • Q3 2025: Debut of FLORIN at first CEX. May be accelerated depending on the negotiations.
  • Q3 2025: Providing right software for verification of traders and its implementation on web page buyforcrypto.com (third party – AI based).
  • Q3 2025: Organization of server rooms. Own or rented depending on the funds raised.
  • Q4 2025: Development of e-commercial page buyforcrypto.com.
  • Q1 2026: Debut of page buyforcrypto.com available for trading. First registrations and verification’s.
  • Q2 2026: Projected full functionality of the site for the first countries. Initially, largest markets: EU, Great Britain, Canada, Australia and the USA, as well as countries with high population and high inflation (Turkey, Egypt, Nigeria, South Africa, Brazil, Argentina, India, Indonesia). At the same time, countries with smaller market that favor cryptocurrencies like El Salvador and Followers of El Salvador

5.Funds usage

The funds from IDO will be used to organize the work of the company focused on serving a very large number of users. Both token holders and employees involved in the development of the buyforcrypto.com portal. It will be a team of lawyers, IT specialists and marketing people, as well as customer service people around the world. Measures should provide funding for at least 8 months without revenues.

Part of the funds will be used to purchase services and/or software from third parties.

The highest amount of funds shall be allocated to the organization of server rooms and this is crucial in terms of serving a multi-million clientele and handle even more transactions and offers.

6. Summary

There are thousands of tokens that are completely unnecessary and serve no purpose. In the “Real Goods for Florin” project, tokens will be a source of liquidity for broad-based trading. This means that if the buyforcrypto.com website had a turnover of at least 20% of that of eBay, which means a turnover of approximately 4 billion USD per year, then depending on the token price, it may mean that each issued token would be used several, dozen, several dozen or even several hundred times a year as a useful token and not as simple speculation or just change of holder.

We are going to monitor and adapt our token economics model according to industry trends all out of concern to maintain a stable course of FLORIN.

Great things take some time and patience, and investors’ patience will be rewarded. After the initial price changes, we expect that value of our tokens will grow steadily over time. With this token you will finally be able to buy any material thing.

7. How to invest

Initial dex offering is planed in two rounds on www.pinksale.finance (pre-sales) and on www.fjordfoundry.com (private sale). More details on main web page of the project www.buyforcrypto.com.