Edison Token

Edison Token Lightpaper 

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Edison Token ($ESDN)
 

Abstract:

Edison Token ($ESDN) is a meme cryptocurrency and governance token built on the Solana blockchain, celebrating the inventive spirit of Thomas Edison and providing a platform for new inventors to showcase their latest products and technologies. As an SPL-standard token, $ESDN is designed to be community-driven, fun, and accessible while fostering innovation and creativity. With Freeze, Mint, and Update authorities revoked, $ESDN ensures decentralization and trustlessness, empowering its community to take ownership of the project's future.

 

This Lightpaper outlines the vision, tokenomics, and roadmap for Edison Token, a meme coin with a purpose: to inspire the next generation of inventors and innovators.

 

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Vision:

Thomas Edison, one of history's greatest inventors, once said, "Genius is one percent inspiration and ninety-nine percent perspiration." Edison Token embodies this spirit by creating a decentralized ecosystem where inventors, creators, and dreamers can come together to share ideas, collaborate, and bring their visions to life.

 

Edison Token is more than just a meme coin; it is a movement to celebrate innovation and provide a platform for inventors to showcase their work. By leveraging the speed, scalability, and low transaction costs of the Solana blockchain, $ESDN aims to become the go-to cryptocurrency for funding, promoting, and rewarding innovation.

 

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Tokenomics:

 

- Token Name: Edison Token  

- Ticker: $ESDN  

- Blockchain: Solana

- Total Supply: 1,000,000,000 $ESDN  

- Decimals: 9  

- Freeze, Mint, and Update Authority: Revoked, no changes can be made to the token.

 

Token Distribution:
 

1. Pre-sale (35%) 350,000,000 $ESDN

   -35% will be sold to early investors to bootstrap the DEX Liquidity Pool.  90% of Pre-Sale funds will go to Liquidity.  The other 10% will go to: (5%) paying the platform that hosts the pre-sale and (5%) Paying the team for Dev work completed up to this point.  Any tokens left over from this pool and not sold during pre-sale will be burned to reduce the number of tokens in circulation.

 

 

2. Liquidity Pool (35%) 350,000,000 $ESDN  

   - To ensure a healthy and sustainable market, 35% of the supply will be allocated to liquidity pools on decentralized exchanges (DEXs) like Raydium and Meteora.

 

3. Inventor Funding Sponsorships (10%) 100,000,000 $ESDN  

   - A dedicated fund to support inventors and innovators. Sponsorships will be distributed through Edison DAO community voting, allowing $ESDN holders to decide which projects receive funding.  Inventors receiving Sponsorships will sign a contract agreeing that when the product makes it to market and has reached an agreed upon profitability, $EDSN will be bought back and BURNED from the Liquidity Pool at a rate of 1.5X  the USD value at the time of transfer of the $EDSN tokens supplied by the DAO for Sponsorship. (i.e. if an Inventor receives $EDSN worth $1000 USD they will be contractually obligated to purchase $1,500 USD of $EDSN from the pool).  This way if the price is higher than when they received the tokens they will be raising the price floor and if the price is lower they will be buying significantly more tokens from the pool. This deflationary mechanism ensures that all successful Inventors help keep up the price floor of the $EDSN token and reduce the number of tokens in circulation.

 

4. Team and Future Development (10%) 100,000,000 $ESDN  

   - Reserved for the core team and ongoing development of the Edison Token ecosystem.

 

5. Marketing and Partnerships (10%): 100,000,000 $ESDN  

   - To promote Edison Token and establish partnerships with inventors, tech communities, and educational institutions.

 

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Use Cases:

 

1. Inventor Funding Sponsorships

Edison Token will establish a Sponsorship program to fund innovative projects and technologies. As members of Edison DAO, $ESDN holders will vote on which projects receive funding, ensuring a decentralized and community-driven approach to supporting innovation.

 

2. Showcase Platform

A decentralized platform will be developed where inventors can showcase their projects, connect with like-minded individuals, and receive feedback from the community. $ESDN will be used to reward inventors and contributors.

 

3. Community Rewards

$ESDN will be used to reward community members for their contributions, such as participating in governance, promoting the project, or creating educational content about innovation and technology.

 

4. Merchandise and NFTs

Edison Token will collaborate with artists and creators to launch branded merchandise and NFTs, celebrating the spirit of innovation. A portion of the proceeds will go toward the inventor grant fund.

 

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Roadmap

 

Phase 1: Launch and Community Building (Q1 2025)

- Token deployment on Solana with Freeze, Mint, and Update authorities revoked.
- Pre-sale to early investors to bootstrap liquidity.

- Launch liquidity pools on Raydium and Jupiter.

- Establish social media presence and community channels.

 

Phase 2: Platform Development (Q2 2025)

- Develop the Edison Token showcase platform for inventors.

- Launch the first round of inventor proposals and submissions for Sponsorships.

- Partner with tech and blockchain communities.

 

Phase 3: Ecosystem Expansion (Q3 2025)

- Introduce governance mechanisms for Edison DAO community voting.

- Launch Edison Token NFT collection.

- Expand marketing efforts to reach a global audience.

 

Phase 4: Long-Term Growth (Q4 2025 and Beyond)

- Continuously fund innovative projects through the inventor Sponsorship program.

- Expand partnerships with universities, tech hubs, and innovation labs.

- Develop additional tools and resources for inventors, such as crowdfunding and mentorship programs.

 

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Governance:

Edison DAO will adopt a decentralized governance model, allowing $ESDN holders to propose and vote on key decisions, such as:

- Allocation of inventor Sponsorships and fund management.

- Platform features and updates.

- Marketing and partnership initiatives.

 

Governance proposals will be submitted and voted on through a user-friendly Web3 interface, ensuring that the community remains at the heart of the project.

 

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Conclusion:

Edison Token ($ESDN) is more than just a meme coin; it is a celebration of innovation and a platform for inventors to shine. By combining the power of the Solana blockchain with a passionate and forward-thinking community, $ESDN aims to inspire the next generation of inventors and bring their ideas to life.

 

Join us in lighting the way for a brighter, more innovative future. Together, we can turn inspiration into reality—one $ESDN at a time.

 

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Disclaimer: The Edison Token ($EDSN) is created for entertainment purposes only. It is not intended to be a security, investment class asset, or financial instrument. The value of the Edison Token is highly speculative and may fluctuate significantly. Users should not consider this token as a serious investment and should only participate if they are willing to accept the risks associated. The creators of the Edison Token and Edison DAO are not responsible for any financial losses or damages incurred as a result of holding or trading this coin. Always conduct your own research and consult with a financial advisor before making any investment decisions.

 

 

 

 

Website: EdisonToken.org

Social Media:
Telegram:  t.me/EdisonToken
X: https://x.com/EdisonTokenX

Contact: EdisonToken@protonmail.com