Touch Token Whitepaper

Touch TokenWhitepaper

Touch Crypto Team17th June 2021

02 Touch Token Whitepaper

Abstract$Touch has been introduced to the market to provide two distinctive services; it will make crypto transactions easy through its smart debit card as well as providing charitable services through collaborations with social partnerships. Based on its vision and roadmap; it will stand apart from its competitors and revolutionize the digital finance market. By launching $Touch, crypto is transformed from a virtual asset to a tangible currency that makes using crypto easy.

Currently, crypto payment is a protracted task for its partners due to the number of processes and the lengthy and confusing list of exchanges. These exchanges not only prolong the payment process for the customers but also charge a lot of taxes and fees. By this, we are referring to processes that involve converting one coin to another, then selling the second coin to fiat currency to access funds. The concepts of blockchain, Defis, FTs, and NFTs, which will be discussed within this document, are complex and ambiguous to the point that individuals new to the crypto market may have difficulties understanding fully. Therefore $Touch aims to bridge the gap between the complex world of crypto and the average person.

The process of transactions and transformation of digital currency into a fiat source of trade and purchase is a tedious and a times daunting task. $Touch is here to make the process of crypto conversion easy and supply the best financial services for its trusted partners. Simplifying the process of purchase, $Touch offers crypto debit cards like the standard bank cards we are all familiar with. In removing the lengthy process of exchange visits, it will allow its trusted partners to use crypto efficiently and effectively when they need it. Each transaction through the $Touch card will bring outstanding benefits to the trusted partners in the shape of rewards through balloting. We have designed the card with various features such as regular updates on personal spending, budgeting analytics and transferring of funds. Data privacy and confidentiality are of the upmost importance to $Touch, which is why your security and safety is key.

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DisclaimerThe $Touch white paper, mission statement and website are intended as a technical outline for the current and future developments of the $Touch app, card and token.

These and any other such documents, unless specifically indicated, are for informational purposes only and should only be interpreted as such.

This information is not specified as, nor does it form an agreement, contract, or any other derivative thereof.

The information included herein is not intended and should not be relied upon or interpreted as a legal opinion or legal advice regarding any specific issue or factual circumstances, included but not limited to a basis for any investment decision.

The aforementioned information does not represent as an offer or solicitation to buy or subscribe to debentures, stocks, cryptocurrency, or shares issued by any persons, company or entity, units in a collective investment scheme, or any other security or class of securities nor should it be interpreted in such a way.

Unless expressly indicated otherwise, the products and innovations set out in this information are under development and are not currently in use.

The $Touch tokens are not securities, are not registered with any government entity as a security and shall not in any case be considered as such.

Certain statements in this information represent forward-looking statements. When used in this information, the words “may” “will” “should” “anticipate” “believe” “estimate” “intend” “expect” “continue” and similar expressions, or the negatives thereof, are generally intended to identify forward-looking statements.

Such forward looking statements, including the intended actions on performance objectives of $Touch, involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance, or achievements of $Touch in its development of the vision to differ materially from any future results, performance or achievements expressed or implied by such forward-looking

Table of Content

1. Introduction 5

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2. Market Landscape 6

3. Our Project3.1 Confidentiality

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63.2 Digital wallet 63.3 Convenient to use 63.4 Customer satisfaction 73.5 Visibility in App 73.6 Charitable Initiatives 7

5. Roadmap 10

6. Future Prospects 12

7. Conclusion 12

8. Glossary 12

4. Tokenomics4.1 Token Semantics

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4.2 Redistribution 94.3 Burn 94.4 Charity 94.5 Marketing 10

Touch Token Whitepaper

Introduction1.

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$Touch is a project that endeavours to make using crypto for payments easy. The card eliminates the lengthy procedure of exchange visits, reducing taxes for the customer and shortening the process of investing so that it is time efficient. We are incorporating our key values of community and charity into our project to stand apart from our competitors. $Touch will launch its app which can be logged in to easily by trusted partners, making managing digital finance a simple task for all. $Touch is also going to introduce its analytics feature which will be used by trusted partners for budgeting and savings purposes.

Our mission is to enable our customers to invest in the crypto market in an easy and accessible manner. We also intend to take the benefits much further than just our crypto community but also, globally, providing aid to the less fortunate. Our aim is to transform what is known as virtual assets into something tangible, a single crypto debit card.

Market LandscapeA cryptocurrency, broadly defined, is currency that takes the form of tokens or “coins” and exists on a distributed and decentralized ledger. Given the unregulated nature of the cryptocurrency and emerging digital assets spectrum, it is vital that clarity and honesty is provided to investors. There are, with some coins, the risk of ‘pump and dump’ coins along with other scams simply founded to exert money from investors. These given risks may be enough for you to question how reliable and safe cryptocurrency actually is, however, $Touch have confidently produced solutions to these problems.

We will continue with what could be describe as ‘after care’; after our partners have invested, providing support through systems such as ‘AMA’s as well as our analytics feature that provides in depth information that can be used by the partner for budgeting, ensuring they are happy with their use of their crypto. Additionally, regular updates regarding their personal spending will be shared with our trusted partners to provide visibility and transparency to them.

$Touch aims to revolutionise crypto, consistently providing solutions to the everyday problems faced in the crypto market and standing to be the leader that paves the way for our competitors.


Our Project

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Given the unregulated nature of cryptocurrency, due to many scams and quite simply, ‘pump and dump’ coins, many people are hesitant to invest and those that do, often pull out their investments shortly after for fear of loss. There are also issues surrounding security and data breaches of personal information that have been associated with the crypto world. Not only this, but also the long list of exchanges that result in higher taxes and long processes is another unattractive element that is considered to be a problem when discussing crypto. In mentioning these issues, we are demonstrating our solutions to these problems.


Confidentiality 3.1

3.2

3.3

First and foremost, we take confidentiality extremely seriously; our trusted partners’ security is one of our first priorities. We do not share data with third parties, external agencies, or credit reference agencies for our partners protection. Similarly, just like a debit card, our crypto card has multi layers of security such as the embedded chip which provides extra protection for the customer. Additionally, a crypto debit card limits the ability to overspend, making it a safer and more secure alternative.

Digital Wallet$Touch has been designed to allow visibility and clarity for our partners, showing them regular spending updates accessible through a digital app. We have a vision for $Touch to be recognised worldwide, revolutionising the world of cryptocurrency, and standing as role model for developments and innovations in digital finance. It is for this reason that we can assure our trusted partners we are not a temporary coin and intend to build a rapport with many experts in the field.

Convenient to useConvenience is a key focus in our project and thus, we intend to make using crypto easy for our partners, reducing the complexity that is currently associated with crypto cards. We have transformed something that is considered to be a virtual asset into something tangible that can be regulated and monitored by the partner frequently. The physical card allows the partner to use it in the same way as a debit card, for single transactions with the purpose of eventually eliminating the need for fiat currencies in transactions. $Touch have designed a crypto debit card that can be used to purchase anything from paying for utility bills to buying airline tickets.

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The $Touch whitepaper has a primary purpose of giving readers, those with and without previous experience with cryptocurrencies a thorough insight into our project vision, key factors, project scope, and our long-term roadmap to ensure widespread transparency and understanding of our project. Within this document, we hope that we have conveyed our current goals and values that enable us to execute our roadmap and with your investment, allow you to join us on this journey of success and innovation.


Customer SatisfactionWe also take customer satisfaction very seriously by carrying out regular AMAs, something that is uncommon amongst our competitors. This is because we value our trusted partners and would like them to be satisfied with their investments and the service they receive. Alongside this, our experts in the field moderate a group chat for any queries our customers may have and are more than happy to provide support or advice upon request.

Crypto investments are known to be complex; with the reduction of exchange visits we offer; it is much easier to investing with us. The digital wallet allows the partner to view their spending through budgeting analytics and updates on purchases. This is all accessible simply through a digital app that clearly shows the spending, budgeting, and any other transactions for the partner to view.

Visibility in AppWe also take customer satisfaction very seriously by carrying out regular AMAs, something that is uncommon amongst our competitors. This is because we value our trusted partners and would like them to be satisfied with their investments and the service they receive. Alongside this, our experts in the field moderate a group chat for any queries our customers may have and are more than happy to provide support or advice upon request.

Charitable InnitiativesOur values here at $Touch are reflected in our project; community and charity were key elements from the conceptualisation of the project. Our charitable initiatives have been structured to target poverty and homelessness amongst young children globally. $Touch is instilled with goals much further than just the world of cryptocurrency but also, tackling issues of homelessness in deprived countries.

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3.5

3.6

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We intend to set ourselves apart from the ordinary crowd of charity organizations because donations are not just a by-line for us, it is one of our main objectives to make homeless children socially independent. Our reason for choosing homeless children is that these individuals that will be the future of generations to come, and they deserve better. It is these social partnerships that will empower homeless children to grow, develop and better their circumstances and lead an independent and successful life ahead. For this kind of social partnership, we have selected some special programmes which are being run by the responsible agencies of the world and we will join hands with them to make our dream to empower homeless children true.

$Touch has a vision of touching the lives of homeless children across the globe and with time, building their own foundation to provide education, clothing, and food for these children. There are over 150 million homeless children across the globe. In targeting these unfortunate children, we will not operate through a donation system but rather, forging social partnerships as mentioned above to provide resources and support that instil independence within the children, benefiting them and making them effective contributors to society. It is our social responsibility to not only help those who are able to invest but also those less fortunate whose primary goal is survival. This is an endeavour we pride ourselves in and will remain a focus of the project.

Social corporate responsibility is about the impact an organisation makes on society, the environment, and the economy. As a company, we strive to be sustainable, as most of our project is paperless and operated through an app. We are also conscious of economic responsibility as we understand that the end goal is not to simply maximize profits, but positively impact the environment, people, and society.

TokenomicsGenerous Tokenomics have been included for investors in order to provide initiatives for long-term holding through rewards, feeding into liquidity for sustainability and refinancing pools for charity and marketing purposes to expand further as a community.


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2% Burn

2% Redistribution

2% Marketing

3% Liquidity

1% Charity


Token Semantics

RedistributionThrough our redistribution fee, $TOUCH offers generous redistribution per percentage at 2% along with the 2% burn fee for a total of 4% as a direct gain to long term holders. This is proportional to the redistribution pool with respect to the number of tokens held by the holder. In addition, a 3% LP feed is applied, through feeding the liquidity pool with an appropriate number of tokens/ BNBs, to ensure a suitable ratio of liquidity to total the Market Cap. This will help secure a long-term project that is sustainable within the crypto community.

CharityWe want to be noticed as a strong community token hence the reasoning for a 1% charity fee. Implementing this transaction fee declares that as a group, we will be making the world a better place through providing food, water, an education as well as other resources to the less fortunate. Having a positive impact on society is essential therefore partnerships with charities will be made throughout our journey!

BurnThe burn fee is 2%. The goal behind this is to provide an incentive to holders as the price of a token will increase as the cumulative volume traded rises. This will reward long-term holders as the term supply and demand will be switched due to total supply decreasing.

4.1

4.2

4.3

4.4

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MarketingGrowing as a community through business developments and marketing is a key factor in our expansion and so there will be a 2% marketing fee. This fee will not only help towards achieving major partnerships but will ensure that momentum is maintained throughout the project by attracting new investors.


Roadmap5.

Q2 2021

Touch token design

Tokenomics design

Website design

Contract verification

Successful Audit

Burn Milestones

CMC/ CG listing

Small/ Medium Exchange listings

Donations announcement

Launching marketing campaigns

Partnership with influencers

Partnership with charities

4.5

11 Touch Token Whitepaper

Q3 2021

Design Touch Wallet (Beta)

Exchange listings (hotbit, bitmart, gate.io)

Certik Audit

Staking partnerships

Burn milestones

Expanding charity work, moving towardsbuilding our own foundation.

Aggressive marketing release

Giveaways

Billboards/ social media campaigns

Q3 2021

Introduction of new revenue streams

Burn milestone

Expand donations to global level charities

Expanding market channels

Partnership with similar companies

Release of $Touch wallet + Release of$Touch debit card

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Future ProspectsThe gaps in the market of crypto debit cards have been thoroughly studied by experts in the field of cryptocurrency. Here at $Touch, we have produced solutions to fill the gaps within the crypto debit card market. We are seeking physical benefits through card protocols that will highlight our project above the rest in relation to Defi projects. The investors will not only get benefits in crypto usage but will help in contributing to a worthy cause through the charity endevour of $Touch. As founding members of $Touch, we would like to add that we value community suggestions and are open to this via the AMA’s we will be holding.


6.

ConclusionOur project has been designed, developed, and structured to benefit not only its partners but also, communities and countries globally. The single feature of a crypto debit card offers solutions that take the world of crypto to the next level, revolutionising what we know as digital finance. Increasing accessibility, ease, and usage, $Touch aims to be the market leader in digital finance in the years to come, whilst providing its partners with value and a revolutionary crypto payment card.

7.

Glossary1. Cryptocurrency: digital currencies that use cryptographic technologies to secure their operation.

2. Blockchain: a system in which a record of transactions made in bitcoin or another cryptocurrency are maintained across several computers that are linked in a peer-to-peer network.

3. Defi: Decentralized finance is a blockchain-based form of finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to offer traditional financial instruments.

4. NFT’s: Non-Fungible Tokens or NFTs can be bought and sold, much like other assets on the exchanges, but they have no tangible form of their own.

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5. Decentralized: controlled by several local offices or authorities rather than one single one.

6. Pump and Dump: denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one's own shares while the price is high.

7. AMA: This is an abbreviation for ask me anything. It's used by people who are opening themselves up to any kind of question.

8. Trusted Partners: Holders of coin


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Touch Token Whitepaper