Countdown to Bitcoin Halving
and the SkrAtch™ Token ICO launch
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Welcome to SkrAtch™
" When You're Itchin' to Win "
The SkrAtch™ Initial Token Coin Offering "ICO" LAUNCH
Regarding SkrAtch™ and its Initial Coin Offering (ICO), it plans to launch its Token ICO during the next " Bitcoin Halving " expected in April 2024. During this ICO, SkrAtch™ aims to release 3 billion symbol SKRATCHIT Tokens at an average price of $0.015 per token ($45 million). This event can be strategically timed to leverage the potential price increase associated with Bitcoin halving, attracting investors looking to participate in both the SKRATCHIT Token offering and the anticipated Bitcoin price surge.
In addition to the SKRATCHIT Token Coin, 30 billion SKRATCHME "Incentive Tokens" will be created, in a Presale Token Offering in or about January 2024 with a value substantially lower than SKRATCHIT Token Coins.
Bitcoin Halving is a predetermined event in the Bitcoin network that occurs approximately every four years. During a halving, the number of new Bitcoins generated per block is reduced by half, which has several implications:
- Supply Reduction: Halving reduces the rate at which new Bitcoins are created, effectively decreasing the supply of new coins. This scarcity tends to increase the price of Bitcoin as it becomes more challenging to obtain.
- Increased Demand: Historically, Bitcoin halvings have attracted attention and increased demand from investors and speculators who anticipate a price surge.
- Long-Term Price Growth: Over time, Bitcoin's price has shown an upward trend following each halving event, partly due to the reduced supply and increased demand.
It's important to note that ICOs involve investment risks, and potential investors should conduct thorough research and due diligence before participating. Additionally, market conditions and regulatory changes can impact ICOs, so staying informed is crucial.
THE SkrAtch™ Token ICO Launch IS SET TO COINCIDE WITH THE NEXT BITCOIN HALVING
In the image below, the vertical blue lines indicate the previous three halvings (2012-11-28, 2016-7-9 and 2020-5-11). Note how the price has jumped significantly after each halving. The next Bitcoin halving is estimated to occur in or about March - April 2024. Note the significant price increases after each halving.
In the image below, the vertical blue lines indicate the previous three halvings (2012-11-28, 2016-7-9 and 2020-5-11). Note how the price has jumped significantly after each halving. The next Bitcoin halving is estimated to occur in or about March - April 2024. Note the significant price increases after each halving.
1.0 SkrAtch™ is currently in the process of finalizing a new cross-chain of 3 billion token coin symbol SKRATCH, an online version of its SkrAtch™ game in both Android and iOS formats along with a cross retail "loyalty card" with incentives and the subsequent relaunch of its physical product at retail in 18 countries. This decision is based on the successful sales of the original SkrAtch™, which sold in 5 countries and has achieved impressive sales figures, over 3 million units, with an MSRP of $5.95 USD.
2.0 Consumer Benefits: When consumers purchase a SkrAtch™ game at a country-specific price, such as $1.99 USD in this example, they will receive $15.00 worth of five full-value products.
These products can be redeemed at retail locations, along with SKRATCHME Tokens, which can be used to offset the $1.99 USD MSRP purchase price of a SkrAtch™ game in their respective jurisdictions.
2.0 Consumer Benefits: When consumers purchase a SkrAtch™ game at a country-specific price, such as $1.99 USD in this example, they will receive $15.00 worth of five full-value products.
These products can be redeemed at retail locations, along with SKRATCHME Tokens, which can be used to offset the $1.99 USD MSRP purchase price of a SkrAtch™ game in their respective jurisdictions.
The SKRATCHIT Token Coin, 30 billion SKRATCHME "Incentive Tokens" will be created, in a Presale Token Offering in or about January 2024 with a value substantially lower than SKRATCHIT Token Coins.
These "Incentive Tokens" will be used both as incentives and inter-operable with a loyalty card as the may be converted into SKR tokens, or to offset the retail purchase price of $1.99 USD MSRP per Skratch™ game based on a predetermined ratio.
Additionally, a cross-chain SkrAtch™ "Loyalty Card" will be available and connected to both the online Android and iOS games, as well as the retail version of SkrAtch™. SkrAtch™ games both online and in the retail version and the SKRATCHME "incentive tokens" will be produced and printed in series as "Editions" See the original SkrAtch™ Editions at our R&D website at: https://skratchcash.com
3.0 Retailer Benefits: Product shelf turns, increased in store walk through performance, product tracking, planogram support, $0.80 USD relative MSRP per game retail sales of the SkrAtch™ game. See Planograms: What Are They and How Are They Used by Retailers?
4.0 Manufacturer Benefits:
5.0 Loyalty and Marketing Program: SkrAtch™ is a cross retail chain loyalty and marketing program that engages the consumer the retailer and manufacturer with a high degree of value, performance and follow through.
6.0 Copyright, Trademark, and Industrial Design Rights: "Acronym™ and SkrAtch™ have asserted copyright, trademark, and industrial design rights from 1985 to 2023. This protection began with Acronym™ in 1985, followed by Skratch™ in 1989 and SkrAtch™ 'The Line Extension' and subsequently in 2004 — 2023. The co-inventors of these products rely on their respective Intellectual Property rights as per the Berne Convention and the Geneva Convention."
1. Please note that the Geneva Convention is a significant international agreement. While it primarily pertains to the protection of victims of armed conflicts.
2. Intellectual property rights, including copyright, trademark, and industrial design rights, are typically governed by national and international intellectual property laws and treaties, such as the Berne Convention for copyright and the Paris Convention for industrial property. If you require specific legal references regarding intellectual property rights, it is advisable to consult the relevant laws and treaties.
These "Incentive Tokens" will be used both as incentives and inter-operable with a loyalty card as the may be converted into SKR tokens, or to offset the retail purchase price of $1.99 USD MSRP per Skratch™ game based on a predetermined ratio.
Additionally, a cross-chain SkrAtch™ "Loyalty Card" will be available and connected to both the online Android and iOS games, as well as the retail version of SkrAtch™. SkrAtch™ games both online and in the retail version and the SKRATCHME "incentive tokens" will be produced and printed in series as "Editions" See the original SkrAtch™ Editions at our R&D website at: https://skratchcash.com
3.0 Retailer Benefits: Product shelf turns, increased in store walk through performance, product tracking, planogram support, $0.80 USD relative MSRP per game retail sales of the SkrAtch™ game. See Planograms: What Are They and How Are They Used by Retailers?
4.0 Manufacturer Benefits:
- Reduction in Product Launch Failures: This mitigates product launch failures and the risk of delisting, addressing the issue where 90% of the 50,000 new products launched each year fail. Every square foot of retail shelf space comes at a cost, which the manufacturer bears. If a product or brand fails to achieve sufficient sales, known as shelf turns, the retailer may remove it from the shelves.
The costs and turnover of shelf positions, i.e., how often consumers see and purchase the product, vary. Eye-level shelf space holds higher value than top or bottom shelf positions, with end-aisle caps being the most valuable. The cost of each of these shelf locations increases due to their visibility to consumers.
Listing fees, also known as slotting fees, for these shelf positions also vary. For instance, a three-month shelf placement may cost the manufacturer $1 million USD per product or flavor nationally. The listing fee is for each product of the brand not for the whole brand.
The better the shelf space, the higher the product's visibility, leading to increased turnover and reducing the risk of delisting and product failure.
SkrAtch™ is designed as a loyalty and marketing program that drives sales, secures valuable shelf positions, enhances turnover, and reduces the risk of delisting for manufacturers.I have revised the text to make it. - Improved Shelf Position: Participation by the manufacturer enables the product to secure a better shelf position.
- Lowered Product Listing Fees: This results in reduced product listing fees also known as slotting or listing fees. See Slotting Fees and Listing Fees in Supermarkets.
- Cost Reduction on a Dollar Cost Averaging Basis: Manufacturers benefit from lowered production costs, employing a dollar cost averaging approach.
- Tax-Deductible Advertising: Manufacturers who purchase advertising on the Skratch™ game receive a full value tax deduction. This deduction is then applied against the overall production costs associated with the brand or line extension launch at the full retail value of the product.
- Profitable Sales: SkrAtch™ purchases the product from the manufacturer at full retail less 10%, ensuring a net profit to the manufacturer. This profit covers the time and costs associated with participating in the SkrAtch™ marketing vehicle.
5.0 Loyalty and Marketing Program: SkrAtch™ is a cross retail chain loyalty and marketing program that engages the consumer the retailer and manufacturer with a high degree of value, performance and follow through.
6.0 Copyright, Trademark, and Industrial Design Rights: "Acronym™ and SkrAtch™ have asserted copyright, trademark, and industrial design rights from 1985 to 2023. This protection began with Acronym™ in 1985, followed by Skratch™ in 1989 and SkrAtch™ 'The Line Extension' and subsequently in 2004 — 2023. The co-inventors of these products rely on their respective Intellectual Property rights as per the Berne Convention and the Geneva Convention."
1. Please note that the Geneva Convention is a significant international agreement. While it primarily pertains to the protection of victims of armed conflicts.
2. Intellectual property rights, including copyright, trademark, and industrial design rights, are typically governed by national and international intellectual property laws and treaties, such as the Berne Convention for copyright and the Paris Convention for industrial property. If you require specific legal references regarding intellectual property rights, it is advisable to consult the relevant laws and treaties.
Token Coin "ICO" SkrAtch™ is more than just a consumer game product sold at supermarkets and retail locations; it is a proprietary Advertising Vehicle that serves multiple purposes. It not only promotes brand awareness but also provides real-time Analytics, along with QR Code, RFID, and UPC functionalities. SkrAtch™ has the potential to make a significant impact in reducing the 90% failure rate typically associated with the launch of new products by manufacturers, which amounts to approximately 30 to 50 thousand products each year. SkrAtch™ adopts the use of RippleNet (XRP) and Electroneum (ETN) as: "Instant Mobile Payment Systems".
Additionally, it incorporates the utilization of Monero (XMR) and employs cutting-edge blockchain tracking methodology for supply chain management, specifically using Vechain (VET) across manufacturer SKU's. The SkrAtch™ SKRATCHIT Token Coin and SKRATCHME Token may be based upon privacy code such as Monero. |
Add to our Development Team After the ICO stage has been completed. SkrAtch™ "The Line Extension" will be launched in both online desktop and mobile versions, followed by a physical game release at retail. This means that manufacturers' full-value redemption coupons can be redeemed globally and in 18 countries, spanning across 78,000 retail locations. So, initially, the SkrAtch™ product will be available online, and later it will also be physically available for purchase at retail outlets worldwide. As outlined in our Whitepaper and Roadmap, we are actively seeking individuals, companies, and groups with expertise in the following areas: blockchain development, as well as application development for both Android and iOS platforms.
We wholeheartedly welcome collaboration and are eager to expand our team. If you possess the requisite skills and enthusiasm to contribute to this project, we cordially invite you to get in touch with us. Your participation can help shape the future of our endeavor. Join us on this exciting journey! |
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