Thoughtable Network Whitepaper Established on March 13, 2022 Version 1.2 – October 26, 2023
Introduction
Greetings, We are delighted to introduce the Thoughtable Network (THTn) and share our vision with you. Founded in March 2022, Thoughtable Network emerged from a close-knit group of lifelong friends, inspired by a common passion for knowledge-sharing across diverse platforms. Our journey began with casual conversations on our Discord server, spanning topics from video games to global current events, crypto, web3, technology, health, and investments. Our community is built on diversity and openness, reflecting the ever-evolving landscape of our digital age. We are also in the process of developing the Thoughtable Network Token (THTn), our very own cryptocurrency.
Future Mission
Our mission is to foster a global community where individuals can connect over shared interests and thrive. Whether it’s the world of crypto, web3, the THTn Miner App, or other exciting domains, we aim to facilitate connections and offer THTn mining opportunities through our THTn Miner App.
Supply
To ensure the efficiency and affordability of our operations, we have chosen the Solana Blockchain over Ethereum as our foundation. Our total supply of THTn will amount to 1,500,000,000 tokens, allocated as follows:
- 500,000,000 (33.3%) for the founding members
- 250,000,000 (16.6%) dedicated to mining (discussed in the following section)
- 500,000,000 (33.3%) designated for the marketplace
- 150,000,000 (10.0%) reserved for future rewards and website supply
- 100,000,000 (0.06%) earmarked for investors
Mining
Our mining process differs from conventional models, taking inspiration from platforms like Pi, Bee, and Bitcoin Legends. We have implemented a referral program that benefits both the referrer and referee, with mining rates that vary depending on the duration of mining. If mining is halted, the rate remains the same, but it increases with continuous participation.
Base Mining Rates:
- 5 THTn per day for up to 100 people (0.2083 per hour) – Beta testers
- 2.5 THTn per day for up to 1,000 people (0.1041 per hour)
- 1 THTn per day for up to 10,000 people (0.0416 per hour)
- 0.5 THTn per day for up to 50,000 people (0.0208 per hour)
- 0.25 THTn per day for up to 100,000 people (0.0104 per hour)
- 0.125 THTn per day for 500,000 people (0.0052 per hour)
- 0.0625 THTn per day for 1,000,000+ people (0.0026 per hour)
Bonuses: Referral: 1 THTn for both referrer and referee Referred mining bonus: 5% increase (maximum 25%) Mining concludes at 250,000,000 THTn
NFT’s
While it’s a possibility we may explore in the future, NFTs are not currently a focal point of our operations.
Roadmap
- Phase 1 (Q4 2022) Token creation, website development, and mining app launch
- Phase 2 (Q1 2023) Initiation of mining activities
- Phase 3 (Q3 2023) Introduction of iOS app and game features
- Phase 4 Ongoing development (details forthcoming)
- Phase 5 (2025?) Listing on marketplaces for trading, prior to the conclusion of mining
- Phase 6: In the Works
Features on App Our THTn Miner App offers a variety of features, including:
- One-tap mining
- News section
- FAQ
- Whitepaper
- Referral program
- Social media integration Contact Information
Should you have any questions, comments, or concerns, we welcome you to reach out to us at:
Email: contact@thoughtable.io
Thank you for your interest in the Thoughtable Network. We look forward to embarking on this exciting journey with you and the global community we aspire to build. Together, we can create a brighter and more connected future.