PALMFUSION LABS & CRYPTOQORN LABS LITE PAPER
PalmFusion Labs is a Swiss-based company group working with within BDAI (Blockchain, DeepTech and AI). The within the group there is the parent company PalmFusion Labs AG and two subsidiaries, CryptoQorn Labs, based in Switzerland and PalmFusion Labs OÜ, based in Estonia. PalmFusion Labs develops sensors and system on a chip (SoC) for biometric identification and authentication. CryptoQorn Labs develops Blockchain related products and PalmFusion Labs OÜ, based in Estonia, is a marketing organization for two of the products; the MiCA Wallet and Q-HUB. The purpose of this Lite paper is to provide a comprehensive explanation of PalmFusion Labs and CryptoQorn Labs offers including its two technology platforms and its native Utility Token, called Q-TOK. This document outlines the ecosystem, use cases, benefits, and specifications of the Q-TOK, as well as its legal compliance with all applicable regulations, such as the MiCA regulation in the European Union.
Today’s challenges of financial transactions
In today’s crypto world we see seed phrase issues, regulation challenges (KYC, MiCA, DORA e.g) and leadership issues. In addition, many existing projects in the crypto market hold short term utility, there is a lack of crypto due diligence information and understanding for mass adoption concepts which cause dysfunctions for the industry in general and more specifically for the users or customers. These issues create inefficiencies and distrust towards the blockchain, deep tech and AI industry. Current solutions are not secure, user-friendly, or sustainable enough, therefore a more innovative and decentralized approach is necessary.
Problem Statement
PalmFusion Labs and its subsidiary CryptoQorn Labs offers 2 platforms, one centralized platform using the latest and most advanced PalmFusion identification technology and one decentralized platform, the CryptoQorn Market Technology Platform. Both are designed to become the world leading platforms in enabling all users to perform secure, transparent and successful transactions and empowering all users via education in the complex crypto world to gain resilience and financial freedom for a universally happy life. Both platforms will provide its users with a broad range of services around cryptocurrency and digital finance. such as crypto-asset investments and a variety of transaction-based services. To fulfil this vision the companies will utilize blockchain, DeepTech and AI technologies while implementing the highest ethical standards offering a seamless and secure solution and experience.
Solution: The [Q-TOK] Ecosystem
Q-TOK is a native Utility Token that will serve as the backbone of the CryptoQorn Labs ecosystem. It is designed to give users access to the CryptoQorn Market Platform and the PalmFusion Technology Platform throughout its unique engineered wallets and within the platform, facilitate transactions, incentivize behavior or govern decentralized elements of the platform. Users will be able to use the token for specific services like transactions, access to premium features, voting, staking and receiving airdrops and rwa drops. The token’s role is crucial in ensuring key benefits, such as improved product quality of wallets and NFTs, higher incentives for the community to follow upcoming regulation, and an efficient new governance model. Unlike Security Tokens, Q-TOK does not grant ownership, dividends, or voting rights outside of the governance functions on the platform, but it grants higher quality of incentive such as active/passive income than no other utility token ever has offered before.
Utility Token Overview
- Token Type: Utility
- Blockchain: Ethereum (Binance Smart Chain).
- Standard: ERC-20 (BEP-20).
- Supply: 8B
- Initial Circulation: 2B
- Burning Mechanism: Burning and deflationary mechanism is embedded in the platform.
- Governance Role: Auto Governance via MBCG leadership model and AUTOHODLING.
Tokenomics
Token Utility:
The Q-TOK token will be utilized for the following purposes:
- Transaction Fees: Used to pay for services on the platform.
- Access to Features: Via Premium memberships unique features will be unlocked through token usage.
- Staking: Users can stake tokens to receive rewards and benefits.
- Governance: Token holders can vote on platform.
Use Cases and Application
Core Use Cases:
- Whitelisting and VIP Private Sales buy-in and holding:
- Buy tokens in Soft Cap 1, 2 and Hardcap with FIAT via our SAFT Pro agreement, MiCA Wallet App and extension, available in App Store, Google Play Store and Google Chrome extensions (New regulation standard for wallets), get your Token airdrop with additional RWA drops and follow the sustainable cliff and vesting schedule.
- Premium Memberships (Platform personas): Become a Premium member as buyer/investor, trader, collector, developer, crypto fanatic and get rewarded due to specific performances related to NFT:s , SmartNFT:s and Qommodities.
- MiCA Wallet: Buy the Q-crowd sourced MiCA Wallet Hardware with Q-TOK and get rewards.
Token Sale & Distribution
Public Sale Information:
- TGE: August 1, 2026
- Token Price: CHF 0.025
- Trading Pair: TBD to 28 FEB.
- Soft Caps: TBD to 28 FEB.
- Hard Cap: TBD to 28 FEB.
Token Distribution Plan:
Tokens will be distributed as follows:- Seed/Strategic Sale : 4.00%
- Initial Private Sale : 4.00%
- Public Sale : 28.00%
- Marketing : 10.00%
- Founders & Team : 10.00%
- Advisors : 2.50%
- Community and Rewards : 24.00%
- Reserve/Treasury : 17.50%
Valuation & Benefits At Different Stages
| Package 1 (USD 114) | |||
|---|---|---|---|
| Price Projection | Price (USD) | Total Assets | Value |
| Current Valuation | |||
| Average Price | 0.005689474 | 20037 | $114.00 |
| 5 NVS Shares – Nominal Price – NR | 0.01 | 5 | $0.05 |
| Total Investments | $114.05 | ||
| Valuation at Listings | |||
| Price Projection Based on Hard Cap | 0.010969344 | 20037 | $219.79 |
| 5 NVS Shares Based on IPO | 23.19 | 5 | $115.94 |
| Total Benefits | $335.73 | ||
| Price @ 1 Trillion Market Cap (Ecosystem) | |||
| Price Projection | 62.5 | 20037 | $1,252,312.50 |
| 5 NVS Shares | 45,000.05 | 5 | $225,000.23 |
| Total Benefits | $1,477,312.73 | ||
Legal Disclaimer
The information contained in this Litepaper is for general informational purposes only.
Q-TOK is not intended to be a security, investment, or legal tender. Purchasers should consult their own financial, tax, legal, and regulatory advisors before participating in the token sale.
- This Litepaper does not constitute a prospectus or an offer of securities.
Participation in the Q-TOK token sale is not intended for residents of countries where participation may be restricted or prohibited.
Risk Factors
- Regulatory Risk: Future regulatory changes could impact the operation and use of the token.
- Market Risk: The value of the token may fluctuate based on market conditions.
- Operational Risk: The platform could face technical or security issues.
- Security Risk: While efforts will be made to ensure the security of the platform, users are responsible for securing their own wallets and private keys.
