Whitepaper: CONAN

Abstract

This whitepaper outlines the concept, technical framework, and economic model of Conan, a new cryptocurrency built on the Ethereum network. With a total supply of one trillion coins and a zero tax policy on transactions, Conan is designed to foster widespread adoption and integration into various online communities, promoting both fun and practical utility in digital transactions.

Introduction

Cryptocurrencies have evolved from being purely speculative investments to becoming integral parts of various ecosystems. Memecoins, which often start as internet jokes, have gained legitimacy and are used to teach cryptocurrency principles and encourage technology adoption. Conan combines the playful spirit of memecoins with robust technology to create a currency that is both fun and functional.

Conan is a fully organic and community ran project that was launched in December of 2023. The contract was renounced and the liquidity burned enabling a community takeover in early January of 2024.

Concept

Conan is a decentralized digital currency with a fixed supply of one trillion coins. It operates with no transaction tax, which means that users can send and receive coins without fees diminishing the amount transferred. This approach is intended to maximize usability and encourage high transaction volume.

Tokenomics

  • Total Supply: 1 trillion coins

  • Blockchain: Ethereum

  • Consensus Mechanism: Proof of Stake (PoS)

  • Tax Policy: 0% tax on transactions

  • Security: Leveraging Ethereum’s existing security protocols under the Unlicense

Charitable Initiatives

At Conan, we believe in the power of cryptocurrency to not only transform economies but also to make a significant positive impact on society. As part of our commitment to social responsibility, Conan is dedicated to supporting charitable organizations that provide essential services and support to military service personnel and their families.

Partner Charities

Semper K9 Assistance Dogs

Semper K9's mission is to enhance the quality of life for wounded, critically-ill, and injured members of the U.S. Armed Forces and their families by providing them custom trained service dogs. Using rescued and donated dogs, they provide service dogs for psychiatric alert and mobility challenges free of charge to disabled veterans.

Wounded Warrior Project

The Wounded Warrior Project (WWP) helps veterans and active duty service members. Among the services offered by the WWP are mental health support, career counseling, and long-term rehabilitative care—helping veterans achieve their highest ambition when they return to civilian life.

Funding Commitment

Conan pledges to raise funds and provide a donation wallet from which funds will be sent directly to Semper K9 and the Wounded Warrior Project via the Giving Block.

Conclusion

Conan aims to bring a blend of humor and practicality to the cryptocurrency world. With its large supply and zero transaction tax, it is poised to become a key player in the casual crypto markets, appealing to users who are cryptocurrency enthusiasts, patriots and those new to digital currencies.