Version 1.1 of 16.06.2025
Introduction
Welcome to Silkecoin, the first cryptocurrency project backed by the global pizza industry. Silkecoin (SILKE) is a BEP-20 utility token that integrates blockchain innovation with a real-world business model: pizza delivery and sales. Every pizza sold through our ecosystem contributes directly to the growth and sustainability of Silkecoin, ensuring a transparent, traceable, and scalable economy.
“The Crypto with a Scent of Pizza”
Silkecoin is more than just a token – it’s the foundation of a blockchain-powered pizza brand. Our platform bridges the booming food delivery market with the dynamic world of decentralized finance:
- The First Crypto-Backed Pizza Brand: Real pizza orders tracked on-chain.
- Blockchain Integration: Every pizza order records an on-chain transaction.
- 1 USDT Value Injection per Pizza: A smart contract allocates 1 USDT per pizza to support Silkecoin’s liquidity and value.
- Real-World Utility: Built on physical sales, not speculation.
- Token Sale Mechanics: Ongoing ICO with progressive bonus structure.
- Transparent Tokenomics & Allocation: Clear fund distribution across development, marketing, compliance, and reserves.
- Roadmap: From partnerships and platform rollout to global franchise expansion and DeFi integrations.
By combining the reliability of the food industry with the innovation of crypto, Silkecoin aims to become the go-to token for the on-chain food economy.
This whitepaper outlines the technical design, tokenomics, smart contract features, and future roadmap of the project.
Table of Contents
- Definition
- Vision & Mission
- Tokenomics
- Smart Contract Overview
- Utility & Real-World Integration
- Vesting
- Governance
- Technical Architecture
- Roadmap
- Legal Compliance
- Risk Disclosure
1. Definition
Silkecoin functions as a true utility token, linking blockchain technology to real-world usage. Each SILKE transaction corresponds to a tangible action: 1 pizza order injects 1 USDT into liquidity. This mechanism fuels a sustainable cycle of utility-driven value creation, liquidity growth, and user trust.
Token Address: 0x0Df5BA78886AB07B03021DB5d4b5cA7275CFE934
It can be traced at: https://bscscan.com/token/0x0Df5BA78886AB07B03021DB5d4b5cA7275CFE934
2. Vision & Mission
Vision: To revolutionize online food ordering through blockchain technology.
Mission: To tokenize food delivery transactions, ensuring transparency, rewards, and liquidity for both users and buyers.
3. Tokenomics
- Token Name: Silkecoin
- Symbol: SILKE
- Standard: BEP-20
- Total Supply: 600,000,000,000 SILKE
- Decimals: 18
- Initial Price: 0.00001 USDT
Token Distribution:
- Marketing & Growth – 20%
- Product Development – 35%
- Team & Operations – 15%
- Advisors & Mentorship – 4%
- Strategic Partnerships – 6%
- Legal & Compliance – 7%
- Listing & Exchange Fees – 3%
- Strategic Reserves – 10%
Funding Allocation:
- Public Sale – 40%
- Private Sale – 10%
- Team & Founders – 20%
- Strategic Partners -7%
- Community & Rewards – 13%
- Reserve Treasury – 10%
4. Smart Contract Overview
The SILKE token smart contract is highly modular and upgradeable (UUPS pattern), written in Solidity 0.8.20, and built with OpenZeppelin’s upgradeable framework.
Core Features:
- Upgradeability (UUPS proxy)
- Pausable & Reentrancy protection
- Blacklist/Whitelist management
- Tax mechanism (3% fee to team wallet)
- Vesting logic (5 periods, 12 months each)
- Merkle proof whitelist validation
- Rate limiting for order spam prevention
- Pizza order tracking system
- Automated liquidity injection on PancakeSwap
- Snapshot and airdrop capability
5. Utility & Real-World Integration
Each pizza order recorded through the Silkecoin platform triggers:
- On-chain event for order validation
- USDT transfer from a centralized wallet
- Automatic liquidity injection (USDT paired with SILKE)
Additional Utilities:
- Discount eligibility via token holding
- Voting rights in governance
- Order tracking via blockchain
- Whitelisting access to exclusive services
6. Vesting
- Locked for 12 months post-launch
- 20% unlock every 12 months over 5 periods
- Revocable and updatable by owner
7. Governance
Silkecoin incorporates a centralized governance framework for the first 60 months, transitioning to a decentralized model activated after 60 months.
Governance Modules:
- Proposal creation by holders
- Voting power based on token balance
- Proposal execution if quorum is reached and majority is positive
Before governance is unlocked, decisions are centralized under the founding team.
8. Technical Architecture
- Language: Solidity 0.8.20
- Standards: BEP-20 (Binance Smart Chain)
- Proxy Pattern: UUPS (Upgradable)
- Frameworks: OpenZeppelin Upgradeable
- DEX Integration: PancakeSwap Router
- Security: ReentrancyGuard, Pausable, MerkleProof
9. Roadmap
Q2 2025
- Smart Contract Audit
- Token Launch
- Presale Completion
Q3 2025
- DEX Listing (PancakeSwap)
- Order Platform MVP
- Airdrop Campaigns
Q4 2025
- Full Order System Integration
- Real-Time Pizza-Token Sync
- User Loyalty Program
2026+
- DAO Governance Activation
- Expansion to Other Food Chains
- Cross-Chain Portability
10. Legal Compliance
Silkecoin adheres to the guidelines and regulatory adjustments of:
- MiCA (EU): fulfills the criteria for a utility token with planned exchange functionality
- FINMA (Switzerland): as an identifiable utility token with non-security classification
- EFSA (Estonia) and AFM (Netherlands): all sale and vesting procedures respect transparency, AML/KYC, and buyers protection standards
Important Note: Silkecoin (SILKE) is explicitly classified as a utility token, as it provides access to specific functionalities within the Silke ecosystem, including reward programs, discounts, order verification, and governance rights. It does not represent ownership, shares, or any claims to company dividends.
11. Risk Disclosure
Participation in the Silkecoin token sale or secondary market activities involves significant risk. Potential buyers must understand and accept the following:
- The value of SILKE is volatile and not guaranteed.
- The project may fail, and tokens may become illiquid or worthless.
- Blockchain-related regulations may change and affect token utility or legality.
- SILKE does not constitute a financial instrument, investment contract, security, or loan.
- Buyers should not purchase SILKE with the expectation of profit but rather to access its utility within the Silkecoin ecosystem.
