# About
Cybercoins Lab aims to drive the mass adoption of crypto and become the leading DeFi platform for blockchain payments and financial solutions. To kickstart this journey, we're introducing a pioneering, permissionless payment solution that enables users to effortlessly conduct transactions with any cryptocurrency from any wallet across any website and a vast majority of point-of-sale systems without the merchant or website's intervention. Furthermore, our business solutions and native Payments Plugins, designed for Content Management Systems (CMS) and E-commerce platforms, are set to play a pivotal role in user onboarding. The solutions listed in this white paper aim to make digital currencies an integral part of everyday commerce. They further our goal of onboarding users to #DeFi and achieving mass adoption, broadening the scope of cryptocurrency usage, and ensuring that digital currencies become a more inclusive and integral part of the global economy. # Pay Protocol Bridging the gap between cryptocurrency assets and traditional fiat payment systems in digital finance presents an unparalleled opportunity for merchants and consumers alike. Our crypto payment protocol stands at the forefront of this innovation, offering a seamless, secure, and efficient mechanism for transactions on any website and e-commerce platforms, including giants like Shopify and Amazon. Cybercoins Pay makes it easy for consumers and institutions to use cryptocurrency in their everyday transactions. Merchants and businesses can also natively integrate with our platform, giving them the flexibility to accept and settle in cryptocurrency, stablecoins, or fiat currency and earn rewards. Cybercoins Pay's features, benefits, and operational framework are designed to integrate the burgeoning world of cryptocurrencies with established payment processing networks. # Checkout Flow Shopify and Amazon Checkout Flow Demo User Checkout Flow on Shopify - Yeezy.com {% embed url="" %} User Checkout Flow on Amazon - Amazon.com {% embed url="" %} # Solution Architecture Cybercoins Pay uses an architecture that facilitates the near-instant conversion of cryptocurrencies to execute purchases on websites using any digital asset in near real-time. This process is made possible through a sophisticated solution that bridges DeFi to the existing traditional payment processor infrastructure you would encounter on the Internet.
Key Components: * **Permissionless**: A permissionless solution that does not require any intervention from the merchant or website. * **Seamless Integration with Existing Payment Systems:** Integrates with current payment processing infrastructure, making the solution accessible to virtually every website, Point-of-Sale system, and e-commerce platforms. By building our protocol on top of established payment processors such as Stripe, Square, PayPal, Shopify, and Solana Pay, we enable cryptocurrency transactions without requiring merchants to modify their existing payment systems. This approach ensures that Cybercoins can facilitate crypto payments virtually anywhere traditional transactions occur. * **Decentralized P2P Payments:** Decentralized, peer-to-peer transactions between merchants and consumers supporting multiple chains. * **Crypto-to-Fiat Gateway:** Enables the conversion of cryptocurrencies across multiple chains to FIAT in real time to transact. * **Secure Transaction Layer:** Incorporates state-of-the-art security protocols to safeguard transactions, ensuring confidence and reliability in the system. * **Privacy:** Only grants the merchant access to the unique transaction generated between Cybercoins Pay protocol and the merchant’s payment processor. Your financial information, holdings, wallet, and personal information are not shared. **How it Works** Simplified Payment Process: The payment process with Cybercoins Pay is designed for simplicity and efficiency: 1. Users select their preferred cryptocurrency during checkout, just as any other payment option on the merchant checkout page, and confirm. 2. The cryptocurrency is securely transferred to a smart contract that routes the coins to sell off for stablecoins via the best low-fee route, where it is bridged or off-ramped to facilitate the transaction. 3. The transaction with the merchant is executed in near real-time via their payment processor, using the value from the crypto that was converted to stablecoins. **Protocol Fees** Fee: A 3% transaction fee for processing a purchase is incurred, attributed to the platform fee and revenue-sharing system. **Incentives** A feature of our platform is a revenue-sharing model. This model rewards users, merchants, and partners with a percentage of the fee generated by the protocol. This incentive structure is designed to encourage adoption from users and merchants. Which will inherently help bring mass adoption for crypto and foster a supportive ecosystem around our DeFi solutions. * **Revenue Share:** Users and merchants can receive a share of the transaction fees, creating an additional revenue stream that grows in tandem with their sales and revenue. * **Flexible Settlement Options:** Participants can choose to receive settlements in FIAT, stablecoins, or cryptocurrencies, offering unparalleled flexibility to align with their financial strategies and preferences. **Advantages** * **Accessibility**: Users can make purchases using their preferred cryptocurrency from any of their wallets, enhancing the utility and liquidity of their digital assets. * **Seamlessness**: The solution integrates with existing payment processing networks, offering users a familiar transaction experience and an easy adoption curve. * **Security**: Advanced encryption and fraud prevention mechanisms ensure the integrity and safety of each transaction. * **Incentivization**: A revenue share model that provides a compelling value proposition for users, and partnered merchants, incentivizing widespread adoption and usage. **Adoption** We are actively engaging with the broader e-commerce ecosystem and forming partnerships with leading retailers, merchants, and payment networks. Through these concerted efforts in implementation and adoption, we are setting the stage for a transformative shift in how online transactions are conducted. Our solution will bridge the gap between traditional payments and the burgeoning world of digital currencies. **Conclusion** Cybercoins Pay represents a significant leap forward in integrating the dynamic world of cryptocurrencies and the established realm of existing e-commerce and payment processing infrastructure. By offering a secure, efficient, and incentivized platform for transactions, we are not only expanding the utility of digital assets but also paving the way for a more inclusive and versatile digital economy. # Tokenization of Real-World Assets Tokenization of Real-World Assets (RWA) with Proof of Receipt on Blockchain **Introduction** Digitalizing assets through blockchain technology has opened new avenues for verifying ownership, authenticity, and transaction history. Leveraging the Cybercoins Pay protocol, we’ve introduced an innovative approach to tokenizing Real-World Assets (RWA) by generating a Proof of Receipt encapsulated within a Non-Fungible Token (NFT) for transactions. This methodology secures the transaction evidence on the blockchain and bridges tangible assets with the digital ecosystem, offering a myriad of applications ranging from asset verification to ownership transfer. **How It Works** Upon completing a transaction facilitated by the Cybercoins Pay protocol, users can mint the transaction and receipt into an NFT. This NFT serves as an immutable proof of the transaction, encapsulating details such as the asset's description, transaction date, and verified parties involved, securely recorded on the blockchain. The minting process involves: 1. Verification of the transaction details and parties. 2. Conversion of the transaction receipt into a digital format that includes all pertinent information. 3. Minting of this digital receipt into an NFT on the blockchain, providing a permanent, tamper-proof record. **Potential Use Cases** The tokenization of RWA with Proof of Receipt via NFTs opens up a spectrum of innovative use cases: * **Ownership Verification:** For high-value assets such as art, collectibles, and luxury items, the NFT receipt provides incontrovertible proof of ownership and provenance. This can significantly reduce fraud and disputes over asset ownership. * **Asset Financing and Loans**: NFT-based receipts can facilitate asset-backed lending by providing verifiable proof of asset ownership and valuation. This can streamline the process of obtaining loans by using RWAs as collateral, offering a secure way for lenders to verify the underlying asset. * **Warranty and Service Records:** For items that require warranty services or have a maintenance history (e.g., electronics, vehicles), tokenizing the purchase and service receipts as NFTs can provide a transparent and immutable that is accessible by service providers and owners alike. * **Supply Chain Transparency**: In the context of supply chain management, minting receipts as NFTs for each transaction or transfer of goods can offer an immutable history of the product's journey, enhancing transparency and trust among suppliers, vendors, and consumers. * **Digital Identity and Access**: Proof of transaction in the form of an NFT can also serve as a form of digital identity or access token, granting exclusive rights or entry to events, services, or memberships based on verified purchases or ownership. # RWA NFT Contract Functions NFT Contract Functionalities to consider for RWA Transactions Incorporating the details of return policies and refunds into the tokenization of Real-World Assets (RWA) through NFTs adds another layer of functionality and security to the transaction process. By leveraging the potential of blockchain platforms known for their interoperability and smart contract flexibility, such as Polkadot, which introduces account abstraction and allows for more complex contract interactions, we can potentially design an NFT contract that dynamically adapts to the lifecycle of a physical product purchase. This approach not only enhances the practicality of using NFTs for RWA transactions but also addresses common concerns related to returns and refunds in e-commerce. **Conditional Tradability** The contract will include logic to prevent the NFT, representing the proof of purchase and ownership of an RWA, from being sold or traded until the return policy period of the purchased item expires. This mechanism ensures that the NFT's traceability is aligned with the merchant's return policy, thereby preventing potential abuse of return and refund processes. * **Implementation**: A dynamic time-based lock could be programmed into the NFT, starting from the purchase date and lasting until the return period for the purchase concludes. During this lock period, the NFT would be non-transferable. **Auto-Update/Burn on Refund** Should a refund be completed for the associated RWA, the NFT contract can automatically trigger changes to the NFT properties. This ensures that the digital representation of ownership is accurately reflected and prevents any discrepancies between the physical and digital assets. * **Implementation**: The contract would listen for refund events. Upon refund confirmation, the contract will execute a function to update the NFT’s properties. **Leveraging Polkadot for Advanced Functionalities** Polkadot’s unique tech enables interoperability and shared security among diverse blockchains, called “parachains.” This framework facilitates more sophisticated smart contract capabilities, and the integration of conditional logic and triggers could be crucial for the functionalities outlined for the tokenization of RWA. With Polkadot’s interoperability, we can also allow smarter operations across chains using Blockchain links. (self-managed smart contracts across chains, including L1s, enabling solutions like subscriptions on any chain) **Enhancements and Improvements** To maximize the utility and adoption of this innovative approach, several enhancements are proposed: * **Interoperability**: Ensuring the NFTs are compatible across different blockchain platforms to facilitate broader acceptance and usability. * **Privacy**: Implementing mechanisms to protect sensitive information within the transaction details while still maintaining the integrity and verifiability of the NFT. * **Scalability**: Optimizing the minting process to handle high volumes of transactions efficiently, ensuring the system remains responsive and cost-effective. * **User Interface**: Developing an intuitive and user-friendly interface for users to mint, manage, and verify NFT receipts, enhancing the overall experien # Protocol Overview for Merchants The integration process for merchants that natively integrate our platform is designed to be straightforward and efficient, leveraging our comprehensive SDK & APIs. Our tools facilitate a smooth integration and enable merchants to add cryptocurrency checkout to their websites with little to no coding experience. They can quickly begin to accept thousands of cryptocurrencies as payment options on their platforms with the currency settlement of their choosing (fiat, stablecoin, or crypto). # Cybercoins DLP Direct Liquidity Provider Service Overview In digital finance, liquidity is the lifeblood that ensures the efficient operation of both decentralized exchanges (DEXs) and centralized exchanges (CEXs). We recognize the critical need for liquidity in the crypto market, which is why we developed our Direct Liquidity Provider service,a system that is set to revolutionize the Liquidity Pool (LP) providers market. By leveraging the influx of various coins processed through Cybercoins Pay, we introduce a novel approach to liquidity provision. Our service provides DEXs and CEXs with access to a fast-moving “flash” reserve, allowing for direct liquidity support with minimal to no fees. This initiative aims to mitigate the market impact associated with online transactions processed by Cybercoins Pay. **The "Flash" Reserve Concept** At the core of our Direct Liquidity Provider service is the "flash" reserve, a dynamic liquidity pool composed of a fast-moving, diverse array of cryptocurrencies. This reserve is continually replenished and adjusted based on the real-time inflow of coins processed via Cybercoins Pay transactions. The flexibility and depth of the flash reserve enable us to respond promptly to liquidity demands across various assets, ensuring that DEXs and CEXs can facilitate trades efficiently and without the need for Cybercoins to offload coins into the open market directly. This method not only stabilizes asset prices but also lowers costs and fees paid out by these exchanges to their existing LP providers. **Benefits for Partner DEXs** Partnering with Cybercoins for liquidity provision comes with a multitude of advantages for exchanges. Here's how DEXs can leverage our flash reserve for their transactions: * **Reduced Costs:** By utilizing our flash liquidity pools, partner DEXs can significantly reduce the fees typically paid out to liquidity pool providers (LPs). This cost-saving measure allows DEXs to either improve their profit margins or pass these savings onto their users, enhancing their competitive edge in the market. * **Enhanced Liquidity:** Access to our diverse and fast-moving reserve ensures that DEXs can maintain high levels of liquidity across a wide range of assets. * **Strategic Partnership Opportunities:** Partnering with Cybercoins opens up new avenues for collaboration and innovation. Exchanges can leverage our liquidity, technological infrastructure, and network, paving the way for novel solutions that enhance the end-user experience across DeFi. **Implementation and Collaboration** For DEXs interested in accessing our Direct Liquidity Provider service, the process will be straightforward via our platform. This will be rolled out in slow phases as our team works closely with each partner to ensure seamless integration with their existing systems, providing continuous support and strategic advice to maximize the benefits of our liquidity pools. # Cybercoins Intelligent Wallet Crypto Payments, Asset Management and DeFi Explorer Cybercoins Wallet, powered by A.I. and our innovative Cybercoins Pay protocol, stands as a beacon of progress in the crypto payments domain. It does not only simplifies crypto transactions online but also revolutionizes how users interact with their digital assets across networks. This section of the white paper delves into Cybercoins Wallet features, functionality, and user experience, showcasing its role in transforming online transactions and digital asset management. **Features and Functionalities** * **Unified Wallet Interface:** Manage and track your cryptocurrencies across all networks from a single view. * **Interoperability:** We are introducing a seamless way to interact with your assets across networks, eradicating the need to switch between different networks when using your wallet and assets across dApps. * **End-User Onboarding:** Introducing Multi-chain Account Abstraction (MAA) into Cybercoins Smart Wallet while maintaining self-custody will streamline the user experience by making it easier to onboard users and allow a more fluid and intuitive use across the decentralized finance (DeFi) ecosystem. * **3rd Party Wallet Support:** Cybercoins Wallet supports connections and imports from other wallets across various networks, including Metamask, Phantom, and more. This flexibility allows users to utilize their existing wallets for online transactions, enhancing user convenience and accessibility. * **Peer-to-Peer Transactions:** Conveniently send and receive money with friends and family. Enter an email, phone number, or social media handle, such as a Twitter (X) handle. * **A.I. Integration:** Cybercoins Wallet integrates AI with various features, enhancing the end-user experience across Web2 and Web3. * **Simplified E-Commerce Experience:** At the heart of its e-commerce interaction is an intelligent browser extension that seamlessly integrates a "Checkout with Crypto" button on checkout pages. This feature employs artificial intelligence to natively inject the Cybercoins Pay protocol across websites, making crypto payments as easy as traditional online payments on any website. The process is designed for simplicity and efficiency: * From a website’s checkout page, users select their preferred cryptocurrency to pay with, and the Cybercoins Pay protocol executes the transaction. * **E-commerce Features:** * **One-Click Checkout:** A one-click checkout feature on websites, allowing users to checkout using their default payment and shipping addresses using one-click for hassle-free purchases across any website. * **Online Shopping Cart Tracking:** Users can view and manage their online shopping carts and their value, ensuring a smooth online shopping experience when moving between websites and shopping carts. * **Group Orders:** A unique group order feature enables users to invite others to join and add items to a shared cart, simplifying group purchases and gifting. * **Dynamic Carts:** Users can easily connect shopping carts from various mobile app platforms, such as their TikTok accounts and others, to their Cybercoins Wallet. This allows them to easily check out their carts from various platforms via Cybercoins Wallet utilizing the Cybercoins Pay protocol. **User Experience** Cybercoins Wallet is designed with the end-user in mind, ensuring that every feature enhances and simplifies the use of your assets and the online shopping experience. User-friendly features are inherent throughout the solution, from the integration of AI for native checkouts on websites to the ability to seamlessly interact with dApps. **Summary** Cybercoins Wallet embodies the next step in the evolution of cryptocurrency usage in the online marketplace. Leveraging the Cybercoins Pay protocol offers a bridge between the world of digital assets and everyday online transactions, providing users with unparalleled convenience, security, and flexibility. As part of the broader Cybercoins ecosystem, the wallet plays a crucial role in making cryptocurrency a practical, accessible option for e-commerce, paving the way for a more inclusive digital economy.
# Business & Merchant Platform Cybercoins Business (B2C and B2B) Crypto Payment Solutions to offer an efficient way for both consumers and businesses to transact. **Out-of-the-Box Native Payments for CMS Websites:** Effortless Integration, start accepting payments on your website without the need for extensive coding knowledge. This makes the solution accessible for businesses of all sizes, including those without a dedicated IT department. **Wide Compatibility:** Leverage easy-to-install plugins that seamlessly connect your website with major CMS platforms such as **Magento**, **OpenCart**, **PrestaShop**, **Salesforce Commerce Cloud**, **Shopify**, **WooCommerce**, and others. This ensures broad applicability across different website backbones, catering to various business needs and technical setups. **Secure and Customizable Payment Links:** Offer customers the convenience of paying through secure payment links. These links can be easily shared through various channels, including email, SMS, or social media platforms, broadening the reach and accessibility of our payment solutions. **Versatile Payment Acceptance:** The platform is designed to accept a variety of payment options, including cryptocurrencies and traditional card payments. This flexibility meets the growing demand for crypto payments while still accommodating traditional payment methods. **Subscription Management:** Blockchain Subscriptions: Manage recurring payments and subscriptions directly through the platform, simplifying the process for businesses and customers. Smart contracts that would facilitate will have the following key functions: 1. Easily deployable with support for any chain and L1s 2. Recurring Payment Mechanism 3. Identity Management 4. Smart Logic 5. Security & Compliance 1. Fraud prevention 2. KYC/AML integration for regulation **POS Systems and Checkouts:** Support for Point of Sale (POS) systems via QR and customizable checkout experiences, catering to both online and physical retail environments. **Crypto <> Fiat Settlements:** Facilitate the conversion between cryptocurrencies and fiat currencies (and vice versa), enabling businesses to easily settle transactions in their preferred currency. This helps companies embrace crypto payments while maintaining financial operations in traditional currencies. **Conclusion** In summary, our B2C and B2B Crypto Payment Solutions are designed to provide a flexible, secure, and user-friendly payment ecosystem for both online and offline transactions. By simplifying the integration process and offering customizable payment options, these solutions cater to the evolving needs of consumers and businesses in the digital economy.
# Web 3 Mobile Browser (TBA) To Be Announced * Earn rewards/get paid just by using the browser * Integrated POS gateway (scan any QR payment codes to pay with crypto, etc..) * Powered by Cybercoins Pay protocol and all functions of Cybercoins Intelligent Wallet * AIO Integratetable wallets (Use/Import any of your wallets into the browser and use across dApps natively) * dApp native browser * Added A.I. security for browsing malicious websites, dApps, contracts, and protection against contract drainers # Cybercoins Banking & Finance (TBA) # Platform Fees All fees generated by the platform are attributed to the rewards and revenue-sharing system. * Cybercoins Pay: 3% transaction fee * Cybercoins DLP: TBA * Cybercoins Banking & Lending: TBA # Rewards & Revenue Share A breakdown of the revenue share distribution will be revealed later. Revenue Share Fees generated by the platform are distributed to end-users, staking contracts, and merchants in the native ecosystem cryptocurrency $COINS. **User Staking Rewards:** Users can stake $COINS to receive rewards from fees generated by the ecosystem. While staked, users can receive rewards from the following: 1. Transactions processed by Cybercoins Pay 2. Interest generated by Cybercoins Direct Liquidity Provider service 3. Interest generated by Cybercoins Banking & Lending services **End-user Rewards:** 1. Earn rewards when transacting with Cybercoins Pay 2. Earn rewards from using Cybercoins Web3 Mobile Browser Merchant Rewards: Integrated merchants can earn rewards from transactions processed on their platform. **Cybercoins Pay Revenue Share Breakdown** (Subject to change): 1. 30% in $COINS distributed via staking contracts Rewarded $COINS are acquired via market buying after the rewards pool is fully distributed 2. 25% to end-user making the transaction 3. 25% in $COINS is burned 4. 15% for platform development 5. 5% to charity - controlled by a DAO Note: Users making transactions are subject to a lock-up period to prevent scams via refunds. Tight risk measurements and maximum daily rewards are implemented. # Token Info Cybercoins * Name: Cybercoins * Symbol: $COINS * Chain: SOL, BASE, and ETH (Plans for bridging to others) * Total Supply: 10,000,000,000 * Decimals: 18 # Distribution | Category | Percentage | Total $COINS | | -------------------------------------------- | ---------- | ------------------- | | Airdrop & Marketing | 10% | 10,000,000,000 | | Presale / Fund Raise | 15% | 15,000,000,000 | | Liquidity Pool | 20% | 20,000,000,000 | | Investors / Early Contributors | 10% | 10,000,000,000 | | Founding Team (Can't be staked while vested) | 10% | 10,000,000,000 | | Treasury / Development Fund | 15% | 15,000,000,000 | | Rewards Pool | 20% | 20,000,000,000 | | **Total Supply** | **100%** | **100,000,000,000** | Suggested vesting schedule for Presale, Investors, and Team aiming to balance investor interests with project stability: **Airdrop & Marketing Fund (10% - 10,000,000,000 tokens)** * Fully unlocked at TGE. *** **Presale / Fund Raise (15% - 15,000,000,000 tokens)** * 75% unlocked at TGE: 11,250,000,000 tokens * Remaining 25% unlocked after three months: 3,750,000,000 tokens *** **Liquidity (20% - 20,000,000,000 tokens)** * Fully unlocked at TGE. *** **Investors / Early Contributors (10% - 10,000,000,000 tokens)** * 5% unlocked at TGE: 500,000,000 tokens * 15% unlocked after three months: 1,500,000,000 tokens * Remaining 80% vested linearly over 12 months: * Monthly unlock: 80%×10,000,000,00012=666,666,667\frac{80\\% \times 10,000,000,000}{12} = 666,666,6671280%×10,000,000,000​=666,666,667 tokens *** **Founding Team (10% - 10,000,000,000 tokens)** * 0% unlocked at TGE: 0 tokens * 10% unlocked after three months: 1,000,000,000 tokens * Remaining 90% vested linearly over 24 months: * Monthly unlock: 90%×10,000,000,00024=375,000,000\frac{90\\% \times 10,000,000,000}{24} = 375,000,0002490%×10,000,000,000​=375,000,000 tokens *** **Treasury / Development Fund (15% - 15,000,000,000 tokens)** * Fully unlocked at TGE. *** **Rewards Liquidity Pool (20% - 20,000,000,000 tokens)** * Fully unlocked at TGE. # Roadmap TBA