SilverCenToken Whitepaper

Introduction

SilverCenToken (s¢CT) is the native utility token powering the Elder Worlds Studio ecosystem, built on the Solana blockchain. This whitepaper outlines the technical specifications, tokenomics, use cases, and roadmap for SilverCenToken, providing a comprehensive overview of its role within our ecosystem.

Vision & Mission

Vision: To create a seamless, efficient, and accessible decentralized ecosystem that empowers users across the globe with next-generation financial tools and services.

Mission: Elder Worlds Studio aims to leverage blockchain technology to build innovative solutions that address real-world challenges in the financial sector, providing users with secure, transparent, and efficient alternatives to traditional financial services.

Technology

SilverCenToken is built on the Solana blockchain, chosen for its exceptional performance, security, and scalability. Key technical aspects include:

• Blockchain: Solana provides high throughput (50,000+ TPS) and sub-second finality, enabling rapid transactions at minimal cost.
• Token Standard: Implemented as an SPL token, the native token standard on Solana, ensuring compatibility with the broader ecosystem.
• Consensus Mechanism: Utilizes Solana's Proof-of-Stake (PoS) with Proof-of-History (PoH), an energy-efficient approach that maintains security while minimizing environmental impact.
• Security Features: Multi-signature wallets, hardware security module integration, and regular security audits ensure robust protection of assets.

Tokenomics

SilverCenToken has been designed with a sustainable economic model to support long-term growth and stability:

Supply Distribution

Token Utility

SilverCenToken serves multiple functions within the Elder Worlds Studio ecosystem:

• Transactions: Medium of exchange for all services and products within the ecosystem.
• Governance: Holder voting rights proportional to their token holdings.
• Staking: Earn passive income and unlock premium features.
• Discounts: Reduced fees for token holders.
• Rewards: Incentives for ecosystem participation and contribution.

Roadmap

The development and deployment of SilverCenToken will proceed in phases:

For a complete roadmap with detailed milestones, please visit our roadmap page.