$RON

WHITEPAPER

The official token of Ronaldinho’s world. Brought to you by P00LS.

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Dernière mise à jour:
22.12.2022

Ronaldinho is viewed as one the best players of his generation and, to many, the best of all time. Ronaldinho always competed with a smile and was considered a positive force for the teams he played for and the global audiences watching him. His exceptional talent as a soccer player, combined with the power of his relentless smile and natural charisma, draws fans worldwide towards his various endeavors, from e-sports to music and now his entry into Web3. He is creating his social token, $RON, to spread positivity and bring others along to build a team that transcends borders, cultures and backgrounds.

Do you want to engage more deeply with Ronaldinho? The $RON token is your ticket to participate in their journey and access others seeking the same. Get ready to be a founding member of a new kind of community. This whitepaper outlines how token holders can take part in the Ronaldinho world.

1. The $RON token

A. About Ronaldinho

As a two-time FIFA World Player of the Year and 2005 Ballon d'Or winner, Ronaldinho is considered one of the best players of his generation. His exceptional talent as a soccer player, combined with the power of his relentless smile and natural charisma, has united fans worldwide. 

Ronaldinho started playing soccer at seven in his home country of Brazil, where he gained his infamous nickname, "Ronaldinho," the diminutive form of his birth name, Ronaldo. He quickly joined the ranks of Brazil's soccer legends, including Pelé and Rivelino, as a youth soccer star before becoming a vital member of the Brazilian national team and the most celebrated European soccer clubs, including Paris St. Germain and F.C. Barcelona.

The $RON token will allow access to exclusive products, services and IRL events for token holders in the Ronaldinho community.

B. What is the $RON token?

$RON is an ERC20 token issued on the Ethereum blockchain, and the official Web3 token of Ronaldinho.

The purpose of $RON is to enable his community to navigate Ronaldinho’s vision while empowering its members to become stakeholders and founders of the Ronaldinho universe. The first and biggest token holders are key founding residents of Ronaldinho’s community. 

$RON is the official social currency of Ronaldinho. By holding $RON, you show your support for Ronaldinho and can access exclusive content, experiences and opportunities while connecting with the global community of $RON holders.

C. P00LS x $RON

Traditional spheres of influence — from Hollywood to Wall Street and Silicon Valley — are converging more now than ever before, forming a new marketplace with creators and their audiences at the center.

Enter cryptocurrencies: a new way for creators to engage directly with their fans through access to real life and metaverse experiences, products and activities.

P00LS partners with creators to create and distribute their cryptocurrency tokens, leveraging its best-in-class, gamified system to engage the Ronaldinho community and incentivize them to earn $RON. On the P00LS launchpad, users can earn creator tokens. The $RON token will be developed by Ronaldinho.

$RON tokens can also be bought and sold on the zerozero decentralized exchange. The zerozero DEX is a decentralized protocol, built for and governed by holders of $00, the governance token for the zerozero ecosystem.

For a few months, the token is only available for people to earn for free through the P00LS launchpad. Members of the community have the opportunity to show their engagement and be rewarded for it. This period is called the genesis launch. Once the genesis launch period ends, $RON is available on the zerozero DEX and may also be available for purchase and sale through other venues.

2. Earn and use $RON

The $RON token is the key into Ronaldinho’s world as it grants exclusive access to experiences within Ronaldinho’s community in real life, the digital space and the metaverse.

$RON tokens are distributed to members of the community during drops. By completing incentives on the P00LS launchpad you can earn $RON for free for as long as the drop is open. The more you participate, the more you are rewarded.

 Along with drops, $RON tokens are now available to buy and trade on the P00LS decentralized marketplace and are freely accessible and usable on any Ethereum application.

More details will be revealed on Ronaldinho’s socials in the coming months.  

3. $RON Distribution

A. Distribution

$RON is an ERC-20 token on the Ethereum Blockchain to allow for composability with the broader Ethereum ecosystem. The total supply of the $RON token is 100,000,000 and is set to be completely distributed over a five year period.

The rate at which $RON is distributed will decrease over the next five years to incentivize and reward early $RON token holders.

B. Allocation

The $RON token will be distributed to Ronaldinho as a creator, Ronaldinho’s community members such as fans and followers, key partners in Ronaldinho’s ecosystem and those engaging with Ronaldinho in DeFi.

The allocation structure of the $RON token is as follows:

Creator

The Ronaldinho will receive 10% of the total supply of the creator token $RON. This allocation of tokens will be vested within a four year schedule from issuance.

Creator Ecosystem

The ecosystem surrounding the creator including key partners and companies will receive an allocation of tokens in order to integrate the token into their services and build its utility.

Airdrop to Community

Fans can earn $RON tokens on p00ls.io by completing certain actions on the P00LS launchpad. Incentive mechanisms to earn tokens will change over time and new token drops will be announced on the P00LS launchpad. Other earning mechanisms will be introduced in the future.

Community Treasury

$RON token holders will have access to a treasury of $RON coins that can be used for the benefit of Ronaldinho’s Web3 community. $RON holders will be able to vote with their token on how this treasury is put to use. This treasury will be used to incentivize community growth and positive behaviors within the $RON community.

Liquidity

$RON token will be used to create the marketplace for $RON.

C. Timeline

1. Genesis Drop

A genesis drop for $RON took place in May 2022 at https://launchpad.P00LS.io/.

At this stage, anyone is able to earn $RON tokens for free by answering questions and learning things about Ronaldinho and its purpose among other actions. These tokens are held in the launchpad by P00LS for earners until token minting.

2. Token Minting

$RON will be minted after the first drops, and those who have earned $RON will be able to claim their tokens directly from P00LS through an airdrop mechanism. Once minted, the tokens will grant access to exclusivity to the $RON ecosystem in Web3.

3. Marketplace Launch

After the launch, the $RON token is added to the zerozero DEX. Holders of $00 will create a liquidity pool through an auction mechanism with $RON. A portion of $RON supply will be given to auction participants in exchange for an amount of $00, which will be used to create the initial $RON/00 liquidity pool on the zerozero DEX.

4. Post-Marketplace Launch

After launching $RON on the zerozero marketplace, it becomes Ronaldinho’s official social token. Major holders of $RON will have the greatest access to Ronaldinho content, perks, events and more.

Launchpad drops and new incentives will take place frequently on the P00LS launchpad and tokens will be up for grabs for anyone. Ronaldinho’s Community Treasury allocation will be made accessible to the $RON DAO as its vesting period ensues.

5. Token Lockups

During the one (1) year period following the date that the tokens are minted (Initial lock-up period), all tokens deliverable to the creator, creator ecosystem partners (partners, ambassadors, advisors, multisign signers), and P00LS Inc. (if any) shall be subject to an absolute bar on Transfers. Commencing on the expiration of the Initial lock-up period, the tokens shall be released from the transfer restriction on a linear block-by-block basis over three years and transferable solely in compliance with all applicable laws, including U.S. securities laws, such that 100% of tokens are unlocked at the four year anniversary of the minting date.