Executive Summary

Table of Contents

1) Goals & Design Principles

2) On-chain Addresses (Mainnet)

Below are production addresses. Use BscScan to verify code and inspect read functions.

3) IBITI Token (What it is)

3.1 Tokenomics & Supply Management

IBITI has a fixed supply of 100,000,000 IBITI (8 decimals) on BNB Smart Chain. The whole supply was created once, in the constructor, and sent straight to its recipients. The token contract itself holds nothing and cannot create more.

3.2 Initial Allocation (Genesis distribution)

The split is 70 / 20 / 10: liquidity and exchanges, marketing and reserve, team vesting.

3.3 Team Vesting (on-chain schedule)

The team share sits in the vesting contract on one fixed schedule: 20% at start, 30% after 180 days, and the remaining 50% linearly over 180 days after 1095 days (3 years).

Schedule breakdown (for 10,000,000 IBITI allocation)

3.4 Liquidity Policy

Pool liquidity comes from the Liquidity wallet and is added gradually. The Reserve wallet receives USDT from website purchases in the same transaction, and that USDT can also go into liquidity.

4) Market & Price

There are two prices and they are independent. The website sale has a fixed price set in its contract: $0.10 per IBITI. The PancakeSwap pool has a market price set by its reserves.

amountInWithFee = amountIn * (10000 - feeBps)
amountOut = (amountInWithFee * reserveOut) / (reserveIn*10000 + amountInWithFee)

5) Website Sale (IBITIPromoSale)

IBITIcoin website purchases are executed by a verified on-chain contract with a fixed price, a bonus and a referral reward. There is no proxy: the logic cannot be upgraded.

5.1 Money flow (single purchase transaction)

Buyer USDT ──────► Reserve Wallet (directly)
Sale contract IBITI ──► Buyer (purchased + 10% bonus)
Sale contract IBITI ──► Referrer (1 IBITI, once)

5.2 What users see (MetaMask confirmations)

• Connect wallet → choose “Promo Buy” → enter USDT amount (and optional referrer)
• MetaMask may ask for 2 confirmations:
• 1) USDT Approve — for the exact purchase amount, only when the allowance is insufficient. It lets the sale contract move that USDT.
• 2) Purchase — the actual buy transaction. In this transaction USDT goes to the Reserve Wallet and IBITI is delivered (purchased amount + bonus, and referral if eligible).
• After confirmation the website generates an IBITI Receipt (purchase check) with the tx hash and links to BscScan.

Note: the Approve is a separate transaction made by your wallet. Bonus and referral payouts are token transfers during the purchase transaction.

5.3 How the contract determines your IBITI amount

The price is stored in the contract as USDT (18 decimals) per 1 whole IBITI. The buyer also passes minIbitiOut: if the purchased amount is below it, the transaction reverts.

purchased = USDT * 10^8 / price
bonus     = purchased * bonusBps / 10000

5.4 Where your USDT goes after the buy (Reserve → Liquidity policy)

The sale contract does not add liquidity. USDT goes to the Reserve Wallet during the purchase. Liquidity is added as a separate on-chain transaction.

5.5 Sale stock and accounting

The sale contract was funded with 1,000,000 IBITI by a plain transfer. A purchase that would need more than the contract holds reverts. poolRemaining() returns the real balance, and getStats() returns the bonus and referral totals.

5.6 Key on-chain parameters

5.7 What the owner can and cannot do

The owner can stop the sale, and while it is paused can change the price and limits and withdraw unsold IBITI. The owner can also return other tokens sent to the contract by mistake, but not IBITI that way. Ownership cannot be renounced, and transferring it takes two steps. The logic cannot be changed: a different rule means a new contract at a new address.

6) Staking

Staking in IBITI is intentionally simple: choose a term (1–12 months) → lock tokens → claim. Rewards and penalties are known in advance.

6.1 What you receive

6.2 Reward / Penalty Schedule

The same percentage ladder is used for on-time rewards and early-exit penalties (in % of the stake, for the whole term). The penalty is the same on the first day and on the last day of the term.

7) NFT Collection

The Path of Humanity: 11 cards from the story told in our book. Buy any card at any time with USDT in the NFT Gallery.

7.1 Cards

7.2 The Full Collection

A separate collector's item: all 11 cards together with the book. It is added to the same contract as a new card. The price will be announced later, and it is not on sale until then.

8) Fees

There is no sell contract and no fee contract on mainnet. If a paid product appears later, its terms will be published here with its contract. A new contract cannot change the token.

9) Buyback (Deferred)

BuybackManager is not deployed. If it is used later, it would acquire IBITI on the market and optionally burn it. This is an operational tool — not a guaranteed promise.

10) Security & Admin Controls

11) Transparency & Monitoring

What anyone can verify

• Website buys: by watching the contract events (PromoBuy).
• USDT routing: the sale contract holds 0 USDT; the Reserve wallet receives it.
• Sale stock: poolRemaining() returns the real balance.
• Vesting: available(), released() and Released events.
• Staking: totalStaked(), reservedRewards() and freeRewards() always add up to the contract's balance.
• Supply: totalSupply() can only go down.

12) Risks & Limitations (Read This)

Market & liquidity risk

• Until the pool has liquidity, there is no open market to sell IBITI.
• Low liquidity increases slippage and price volatility.
• The market price can fall below the website price.

Smart contract risk

• The contracts have tests and verified source code, but no independent third-party audit yet.
• Contracts cannot be upgraded, so a bug can only be addressed by a new deployment.

Admin & wallet risk

• The website sale's parameters can change while it is paused, as described in section 5.7.
• The token cannot be paused or frozen, so stolen tokens cannot be recovered by the project.

NFTs

• NFTs are collectibles, and nothing guarantees that one can be resold at any price.
• Card metadata is hosted on the project's website until it is moved to IPFS and frozen in the contract.

13) FAQ

Nothing here is financial advice. On-chain state is the source of truth.