$PAPER is a crypto token built on the Ethereum blockchain. It exits in the form of a fungible digital token, with a corresponding non-fungible digital artwork. Each digital artwork will also have a physically printed counterpart, making $PAPER a literal paper-backed cryptocurrency!
A first preview of the expected look of the first $PAPER release (physical version),
featuring a portrait of Dorian Nakamoto.
WHAT IS $PAPER?
$PAPER is the creation of Tom Badley - artist and designer of money. Tom uses his unique experience of the banknote-printing industry to create art the uses the same processes and print quality as circulating cash. Tom has taken his rare design qualifications, of which only a handful of people have, and refined it into a unique niche in art, and now, the crypto art space.
Tom creates digital banknote designs that are symbolic of their sale price, creating a special relationship between crypto art, rarity on the blockchain, and his unique experience…
Tom also creates physical cash with the same print processes as banknote printing - often representative of his non-fungible token artwork. $PAPER links Tom’s scarce blockchain art with physical ‘cash artworks’ - printed on high quality banknote paper, and individually serial-numbered.
The content of this ‘cash’ is a celebration of cryptocurrency itself: each artwork will feature a key persona associated with cryptocurrency. Not only that, but the amount of $PAPER tied to each artwork is representative of Bitcoin’s price increase! …every time Bitcoin crosses a key price threshold, Tom will release a new $PAPER design.
The first in the $PAPER series os a 10,000 $PAPER banknote, celebrating Bitcoin's recent cross of $10,000 per coin. The design features Dorian Nakamoto - who has become a symbolic stand-in for Bitcoin’s mysterious creator. The next designs will be released when Bitcoin crosses 20k, 50k, and 100k!
The $PAPER token will be released in the form of NFT artworks, on the OpenSea platform, in a limited amount, each month. 300x 10,000 $PAPER NFTs will ultimately be created, with only 90x made available on the OpenSea platform. 200x will be donated to Roll, the facilitators of the $PAPER currency, and 10x will be held by the artist.
WHAT CAN I DO WITH $PAPER?
Initially, $PAPER will facilitate the following:
- $PAPER can be bought and collected in its NFT artwork form on the OpenSea platform.
- Everyone holding digital $PAPER automatically has voting rights as to who will feature on future designs.
- Everyone holding digital $PAPER will receive proportional discounts on future scarce artworks by Tom.
- First-time buyers of $PAPER from the OpenSea platform are eligible to take delivery of the the equivalent of real $PAPER cash! Each physical paper ‘note’ is individually serial numbered, and represents an associated scarce NFT on chain!
FIRST RELEASE: FEBRUARY 2020
The $PAPER token will be released in the form of NFT artworks, on the Open Sea Platform, in a set, limited amount, each month. 300x 10,000 $PAPER NFTs will ultimately be created, with only 90x made available on the OpenSea platform. 200x will be donated to Roll, the facilitators of the $PAPER currency, and 10x will be held by the artist.
The NFT's available on OpenSea will consist of variations on the same design theme. It is expected that the 10,000 design will consist of 5 variations, each of just 18 editions, making each variation exceptionally rare!
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