8 Bit Coffee Club Litepaper Version 1 8 Bit Coffee Club is a unique NFT project aimed at bringing utility to the mystic world of NFTs. 8 Bit Club is a Web 3.0 based subscription service powered by the polygon blockchain. We believe in rewarding the good behaviour and coffee is something we know is the right fit to be given to members helping us secure the blockchain. WE LOVE COFFEE. WE LOVE COFFEE. WE LOVE NFT. WE LOVE NFT. WE LOVE POLYGON. WE LOVE POLYGON. What is 8 Bit Coffee Club? 8 Bit Coffee Club is collection of NFT aimed at bringing utility to the NFT realised in the real world. Holders of the NFT will be entitled to a subscription of monthly fresh roasted speciality coffee beans sourced from the farmers directly from the heart land and coffee capital of India, Chikmagalur. We are a bunch of web 3.0 enthusiasts living on the Polygon Blockchain, and as a grateful gesture for allowing us to #Buidl our future on the Polygon blockchain we aim to return this favour by securing the Polygon blockchain, our home. At mint we plan to use the raised amount to run Polygon Validator Nodes which will strengthen the security and scalability of the Polygon blockchain. We love good behaviour, and securing our home is the best behaviour one can showcase, so to incentivise the good behaviour we plan to use the mined #POL from the validator nodes to fulfill the coffee deliveries and much more as progress. This is how we propose to bring utility to NFTs where the #Hodler has to do nothing but just #Hodl the NFT which is a sharded validator node and in return for securing the network get rewarded NFT MINT VALIDATOR NODES COFFEE SHOP PROFITS NFT ROYALTIES COMMUNITY WALLET COFFEE SHIPMENTS TO NFT HOLDER Breakdown for 8 Bit Community wallet COMMUNITY WALLET 70% USED TO FULFILL SUBSCRIPTIONS 20% COMPOUNDED 10% TEAM WALLET Future plans for 8 Bit Coffee Club We don't aim to remain a coffee subscription service forever, we plan to compound our services overtime. For example let's say 18 months down the line after compounding and overall growth of Polygon network 8Bit CC will provide monthly coffee subscription and top it off with Netflix/Spotify/ Youtube premium subscription all included in one time minting fees, think of it as a royalty programme that grows as it gets old. Initially the regularity of the subscription will be not fixed as we are yet to determine the number of validator nodes and its output. But as we grow and income grows deliveries will become regular and more services will be added overtime. Note:- All the minting from validator nodes and NFT royalties will be collected in the community wallet and only when wallet has enough funds to fulfil the deliveries, only then the subscriptions will be sent. How is 8 Bit Coffee Club different? At 8Bit CC we aim to provide value to the NFT holders and aspire to create a new standard of NFT with utility for Web 3 ecosystem. The 8Bit CC is different from other NFT projects in the following ways:- 1) Not just a speculative asset:- 8Bit CC is not just an speculative asset that #Hodlers simply buy and wait to offload once price of the NFT rises. The 8Bit CC is a token representing proof of participation in validating the Polygon blockchain and in return of securing the network the #Hodlers get fresh coffee beans delivered monthly. 2) Rewarding good behaviour:- At 8Bit CC we not only reward good behaviour but encourage it as well. Security and Speed (TPS) and Decentralisation of the network are most important factor for any blockchain. By running the validator nodes 8Bit CC will be helping Polygon network to achieve all 3 factors over long run and in return of helping the network grow #hodler will be sent coffee beans as part of subscription service attached to each NFT. 3) Own your node and subscription:- With the help of NFTs the #hodlers will be able to sell their shard of the network validator and subscription service whenever they want or buy more if they wish to. 4) Growing benefits overtime:- With the help of income from the validator nodes and royalties from shop sales and NFT sales 8Bit CC will be able to grow its subscription service addition every month making 8Bit CC a long term play. (Explained later in the LitePaper). Thank You