ICO WhitePaper

version 1.0

The major problem of all countries in the world governing the ICO projects and general acceptance of crypto currencies is failure of existing legal frameworks to recognize the smart contracts principles. Therefore any deal performed under smart contract environment is bound to occur only in the technical layer of logics and can not be enforced using traditional legislation systems. Traditional legislation systems are based on anglo saxon legal systems or Romanian law. All of traditional legal systems are based on the fulfillment of contractual obligation which is enforceable by the third party which is the government.

The smart contract concept does not require a third party to verify the contract. Therefore the only legal change required to introduce in order to make smart contracts legal under any legal system is a change which would allow both party of the contractual agreement to waive their legal rights and thus fall out of government protection as their rights would be protected mathematically. In other words if both sides of the contract simultaneously deny legal protection of the government and the law for the deal they create because their rights are protected mathematically under smart contract blockchain infrastructure logically this should be sufficient for the contract to remain fair.

Therefore we offer to make this one very simple change to the Russian legislation which will allow Russia to be worlds hub number one of blockchain technologies.

Our candidate when elected will change the CONSTITUTION OF RUSSIA TO ALLOW WAIVING OF CONTRACTUAL RIGHTS AND GOVERNMENT LEGAL PROTECTION IF THE CONTRACT IS A SMART CONTRACT AND ALL SIDES OF CONTRACT WAIVE RIGHTS.

To do so we propose to issue an Ethereum token to each contributing member of our society and each and every political decision carried out by token holder will be thus be guaranteed by the blockchain to be true and accurate therefore the voting result will always be fair.

The funds we collect during the ICO will entirely be spent on the elections of 2018 to promote President Candidate – Vladimir Kuznetsov (kuznetsov.spb.ru).

Each spending of the campaign money will be based on the voting of all issued tokens — therefore each contributor will take a real and for the first time in history, at least in Russian history, part in the elections.

We are in very tight times conditions, the idea of such a transformation has been in the air for a long time and due to Vladimir’s nomination to the candidates, a decision was made to implement it.

We invite all the crypto community to join this campaign. As a discussion of ideas, smart contracts and a roadmap.

In the near future, all this will be published on this site, but you can now support the future campaign of the candidate.

Сandidate’s program

1. Never to meddle with USA (and other) elections.

2. In all educational institutions from schools to universities a new subject teaching cryptology and blockchain.

3. Every citizen, upon receipt of a passport, will have to demonstrate the possession of crypto-currency wallet.

4. Crimea always ours. Fuck off.

 

Requisites for donations:

ETH: 0x748199bc4d3199ea8ccc0fbc1598bbccfd811f07

BTC: 1VmguUUuEeSFkuFPohUPtXKm7QKu9DdpG

DSH: XnCwnXE3HW2eKVgiuTAZx5N3EaYsa8errM

ZEC: t1MKFWj9veNT7yTkPHwnASiVCX53dZBTi79


comments powered by HyperComments