WHITE PAPER
LEGAL DISCLAIMER
This White Paper has been issued by Crypto Rentier (Cyprus) Limited (the “Company”) on 9th sentember 2023.
The purpose of this White Paper is to provide prospective purchasers with the information on the Company’s project to allow the prospective purchasers to make their own decision as to whether or not it wishes to proceed to purchase Company Token. This White Paper does not constitute an offer or invitation, or any other sale or purchase of shares, securities, or any of the assets of the Company.
The Board of Directors of the Company have taken reasonable care to ensure that, as at the date of this White Paper, the information contained herein is accurate to the best of their knowledge and there are no other facts, the omission of which, would make misleading any statement in this White Paper. No representation, warranty, assurance or undertaking is made as to its continued accuracy after such date. The information contained in this White Paper may be subject to modification, supplementation and amendment at any time and from time to time.
This White Paper describes the Company’s business objectives and the issue by the Company of CRONE Tokens. It has not been reviewed, verified, approved or authorised by any regulatory or supervisory authority. The following content provided is for informational purposes related to our approach of providing a solution based on blockchain technology. The following information may not be comprehensive and does not imply any elements of a contractual relationship. This document does not constitute the provision of investment or professional advisory services. The Company does not guarantee, and accept legal liability whatsoever arising from or connected to, the accuracy, reliability, or completeness of any material contained in this document. It is the responsibility of prospective purchasers of CRONE Tokens to undertake their own due diligence.
The publication of this White Paper and the offering of CRONE Token may be restricted in certain jurisdictions. It is the responsibility of any person in possession of this White Paper and any persons wishing to purchase CRONE Tokens (pursuant to the terms) to inform themselves of, and to observe, any and all laws and regulations that may be applicable to them.
This White Paper does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so. This White Paper does not constitute a prospectus or offer document in any form and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. The Company’s token holders will not receive any form of a dividend or any other revenue right. Nor will the purchasers participate in a profit-sharing scheme or the profits of the Company.
Prospective purchasers should inform themselves as to the legal requirements and consequences of purchasing, holding and disposing of CRONE Tokens and any applicable exchange control regulations and taxes in the countries of their respective citizenship, residence and/or domicile.
Prospective purchasers are wholly responsible for ensuring that all aspects of this White Paper and the terms are acceptable to them. The purchase of CRONE Tokens may involve special risks that could lead to a loss of all or a substantial portion of the purchase amount. The purchase of CRONE Tokens is considered speculative in nature and it involves a high degree of risk. The Company does not represent, warrant, undertake or assure that the CRONE Tokens are defect/virus free or will meet any specific requirements of a prospective purchaser. You should only purchase CRONE Tokens if you can afford a complete loss. Unless you fully understand and accept the nature and the potential risks inherent in the purchase of CRONE Token you should not purchase.
The purchase of CRONE Tokens is only possible after the prospective purchaser has read, understood and accepted the terms. Each prospective purchaser will be required to acknowledge that it made an independent decision to purchase the CRONE Tokens and that it is not relying, in any manner whatsoever, on the Company, its Board of Directors or any other person or entity (other than such purchaser’s own advisers). Prospective purchasers are urged to consult their own legal, tax or other advisor before purchasing CRONE Tokens.
The Company and its Board of Directors do not provide any advice or recommendations with respect to the CRONE Tokens, nor do they endorse such tokens, nor do they accept any responsibility or liability for any use of this White Paper by any person which is in breach of any local regulatory requirements with regard to the distribution of this White Paper or any applicable rules pertaining to the offer.
Statements made in this White Paper are based on the law and practice currently in force in Cyprus and are subject to changes in those laws.
To the maximum extent permitted by the applicable laws, regulations and rules, the Company, its founders, team members and any third party involved in the Company’s project shall not be liable for any indirect, special, incidental, consequential or other losses of any kind. Furthermore, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of, or reliance on this White Paper.
All statements regarding the Company, business strategies, plans and prospects and the prospects of the industry which the Company is in are forward-looking statements. Neither the Company, its founders, team members, any third party involved in the Company’s nor any other person represents, warrants and undertakes that the actual future results, performance or achievements of the Company will be as discussed in these forward-looking statements.
The Company does not make, or purport to make and disclaims any representation, warranty or undertaking in any form whatsoever to any entity or person. Including any representation, warranty or undertaking about the truth, accuracy, and completeness of any of the information set out in this White Paper.
This White Paper has been issued by Crypto Rentier (Cyprus) Limited (the “Company”) on 9th sentember 2023.
The purpose of this White Paper is to provide prospective purchasers with the information on the Company’s project to allow the prospective purchasers to make their own decision as to whether or not it wishes to proceed to purchase Company Token. This White Paper does not constitute an offer or invitation, or any other sale or purchase of shares, securities, or any of the assets of the Company.
The Board of Directors of the Company have taken reasonable care to ensure that, as at the date of this White Paper, the information contained herein is accurate to the best of their knowledge and there are no other facts, the omission of which, would make misleading any statement in this White Paper. No representation, warranty, assurance or undertaking is made as to its continued accuracy after such date. The information contained in this White Paper may be subject to modification, supplementation and amendment at any time and from time to time.
This White Paper describes the Company’s business objectives and the issue by the Company of CRONE Tokens. It has not been reviewed, verified, approved or authorised by any regulatory or supervisory authority. The following content provided is for informational purposes related to our approach of providing a solution based on blockchain technology. The following information may not be comprehensive and does not imply any elements of a contractual relationship. This document does not constitute the provision of investment or professional advisory services. The Company does not guarantee, and accept legal liability whatsoever arising from or connected to, the accuracy, reliability, or completeness of any material contained in this document. It is the responsibility of prospective purchasers of CRONE Tokens to undertake their own due diligence.
The publication of this White Paper and the offering of CRONE Token may be restricted in certain jurisdictions. It is the responsibility of any person in possession of this White Paper and any persons wishing to purchase CRONE Tokens (pursuant to the terms) to inform themselves of, and to observe, any and all laws and regulations that may be applicable to them.
This White Paper does not constitute an offer or solicitation to anyone in any jurisdiction in which such offer or solicitation is not lawful or in which the person making such offer or solicitation is not qualified to do so. This White Paper does not constitute a prospectus or offer document in any form and is not intended to constitute an offer of securities or a solicitation for investment in securities in any jurisdiction. The Company’s token holders will not receive any form of a dividend or any other revenue right. Nor will the purchasers participate in a profit-sharing scheme or the profits of the Company.
Prospective purchasers should inform themselves as to the legal requirements and consequences of purchasing, holding and disposing of CRONE Tokens and any applicable exchange control regulations and taxes in the countries of their respective citizenship, residence and/or domicile.
Prospective purchasers are wholly responsible for ensuring that all aspects of this White Paper and the terms are acceptable to them. The purchase of CRONE Tokens may involve special risks that could lead to a loss of all or a substantial portion of the purchase amount. The purchase of CRONE Tokens is considered speculative in nature and it involves a high degree of risk. The Company does not represent, warrant, undertake or assure that the CRONE Tokens are defect/virus free or will meet any specific requirements of a prospective purchaser. You should only purchase CRONE Tokens if you can afford a complete loss. Unless you fully understand and accept the nature and the potential risks inherent in the purchase of CRONE Token you should not purchase.
The purchase of CRONE Tokens is only possible after the prospective purchaser has read, understood and accepted the terms. Each prospective purchaser will be required to acknowledge that it made an independent decision to purchase the CRONE Tokens and that it is not relying, in any manner whatsoever, on the Company, its Board of Directors or any other person or entity (other than such purchaser’s own advisers). Prospective purchasers are urged to consult their own legal, tax or other advisor before purchasing CRONE Tokens.
The Company and its Board of Directors do not provide any advice or recommendations with respect to the CRONE Tokens, nor do they endorse such tokens, nor do they accept any responsibility or liability for any use of this White Paper by any person which is in breach of any local regulatory requirements with regard to the distribution of this White Paper or any applicable rules pertaining to the offer.
Statements made in this White Paper are based on the law and practice currently in force in Cyprus and are subject to changes in those laws.
To the maximum extent permitted by the applicable laws, regulations and rules, the Company, its founders, team members and any third party involved in the Company’s project shall not be liable for any indirect, special, incidental, consequential or other losses of any kind. Furthermore, in tort, contract or otherwise (including but not limited to loss of revenue, income or profits, and loss of use or data), arising out of or in connection with any acceptance of, or reliance on this White Paper.
All statements regarding the Company, business strategies, plans and prospects and the prospects of the industry which the Company is in are forward-looking statements. Neither the Company, its founders, team members, any third party involved in the Company’s nor any other person represents, warrants and undertakes that the actual future results, performance or achievements of the Company will be as discussed in these forward-looking statements.
The Company does not make, or purport to make and disclaims any representation, warranty or undertaking in any form whatsoever to any entity or person. Including any representation, warranty or undertaking about the truth, accuracy, and completeness of any of the information set out in this White Paper.
DEFINITIONS
The owner of the Project is the company issuing the tokens.
White Paper – is a document that describes the project in detail and in the respect of the Company, means this document.
Token – is a unit of Cryptocurrency and record-keepings in blockchain, which is used for digital balance in a certain asset. Tokens recording is based on the blockchain technology having access through certain application with the usage of digital signature schemes.
Blockchain – is a continuously growing digital ledger used for storing and recording data chronologically and publicly.
Public Blockchain – means a Blockchain whose code is open sourced and publicly available.
Polygon – is a blockchain platform that facilitates the launching of projects on its platform. Anyone can use it. Polygon has its own internal cryptocurrency called Matic (“MATIC”).
Fiat Money – means any money declared by a government to be legal tender. State-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard. Intrinsically valueless money used as money because of government decree. Utility Token - Utility tokens do not provide the rights of ownership, voting rights, rights to participate in the profits of a company. Utility tokens should not be confused with coins such as Bitcoin, Litecoin, etc. Utility tokens are not mineable and are based on third-party blockchain. However, similarly to coins, utility tokens are valued only for its inherent functions and properties.
Token listing – when a project issues digital coupons or utility tokens in exchange for other cryptocurrencies or Fiat money giving the investor access to features of the project in future.
USDT/USDC - is a blockchain-based cryptocurrencywhose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar.
Average market price of the token - average token price on the exchange between 00:00am and 11:59pm exchange’s local time.
The owner of the Project is the company issuing the tokens.
White Paper – is a document that describes the project in detail and in the respect of the Company, means this document.
Token – is a unit of Cryptocurrency and record-keepings in blockchain, which is used for digital balance in a certain asset. Tokens recording is based on the blockchain technology having access through certain application with the usage of digital signature schemes.
Blockchain – is a continuously growing digital ledger used for storing and recording data chronologically and publicly.
Public Blockchain – means a Blockchain whose code is open sourced and publicly available.
Polygon – is a blockchain platform that facilitates the launching of projects on its platform. Anyone can use it. Polygon has its own internal cryptocurrency called Matic (“MATIC”).
Fiat Money – means any money declared by a government to be legal tender. State-issued money which is neither convertible by law to any other thing, nor fixed in value in terms of any objective standard. Intrinsically valueless money used as money because of government decree. Utility Token - Utility tokens do not provide the rights of ownership, voting rights, rights to participate in the profits of a company. Utility tokens should not be confused with coins such as Bitcoin, Litecoin, etc. Utility tokens are not mineable and are based on third-party blockchain. However, similarly to coins, utility tokens are valued only for its inherent functions and properties.
Token listing – when a project issues digital coupons or utility tokens in exchange for other cryptocurrencies or Fiat money giving the investor access to features of the project in future.
USDT/USDC - is a blockchain-based cryptocurrencywhose cryptocoins in circulation are backed by an equivalent amount of traditional fiat currencies, like the dollar.
Average market price of the token - average token price on the exchange between 00:00am and 11:59pm exchange’s local time.
TOKEN LAUNCH SUMMARY
Crypto Tentier Token (“CRONE”) – is Utility Token based on the Polygon blockchain.
CRONE will be sold as part of the Company’s listing program. For sustainable development, 30,000,000 CRONES have been issued for the implementation of the Project in the home region. Up to 30,000,000 CRONES will be released for each new region.
Crypto Tentier Token (“CRONE”) – is Utility Token based on the Polygon blockchain.
CRONE will be sold as part of the Company’s listing program. For sustainable development, 30,000,000 CRONES have been issued for the implementation of the Project in the home region. Up to 30,000,000 CRONES will be released for each new region.
ABOUT PROJECT
Purpose of the Project is rovide a unique opportunity to earn rent from real estate properties around the world using cryptocurrency.
Project outlook:
Purpose of the Project is rovide a unique opportunity to earn rent from real estate properties around the world using cryptocurrency.
Project outlook:
- Short-term perspective, up to 3 years. - Token value growth after the Token goes public (free trading of the Token).
- Medium-term perspective, 3 - 10 years - growth of Token value as a result of scaling the Project in different countries of the world (increase in Token capitalization).
- Investing in real estate using cryptocurrency (Project Token).
- Capitalization of the Project Token at the expense of profits received.
- Token value growth due to scaling of the Project.
- Lack of access to global real estate investments using cryptocurrencies.
- The project has its own Token (cryptocurrency);
- Using this Token, the participant of the Project will be able to receive profit from the rental of real estate (become a crypto-Rentier);
- Also, through the convenient application anyone can use the services of booking objects for their Travels.
- Create a stable source of passive income for the Project participants.
- Create an easy-to-use travel planning app.
- Platform and application development.
- Testing on real objects.
- Expansion of the project through franchising.