CITY OF ATLANTUS | WHITE PAPER v1.0
TABLE OF CONTENTS
1. INTRODUCTION.
2. THE CITY OF ATLANTUS OVERVIEW.
3. CREATING A SOVEREIGN DIGITAL NATION.
4. PRESERVATION OF GLOBAL ARTS, ENTERTAINMENT, AND CULTURE.
5. OPPORTUNITY FOR INNOVATION.
5.1. Changes Resulting from Automation.
5.2. A New Entertainment Class.
5.3. A New City of Entertainment.
6. FOUNDATION OF THE NEW WORLD.
6.1. The Value of our Natural Resource — Sand.
6.2. Sand Mining and Stockpiling.
7. BUILDING THE CITY OF ENTERTAINMENT (DIGITAL ASSETS).
7.1.Ecosystem Value Tokens (EVT).
7.2. Virtual Construction Bricks (VCBs).
7.2.1.Economics of Virtual Construction Bricks (VCBs).
7.3. $PRLZ Currency.
7.4.ATL Genesis Keys.
8. ARRT GLOBAL NETWORK (SOCIETIES, STUDIOS, AND TOKENS).
8.1.ARRT Societies.
8.2.ARRT Meta-Studios.
8.3. ARRT Production Bonds.
8.3.1.Economics of ARRT Production Bonds.
9. DATA AND TRANSACTION SYSTEMS.
9.1. QRRENT AI.
9.2. QRRENT PAY (QPAY).
10. DECENTRALIZED APPLICATIONS (DAPPS).
10.1. Atlantus Tokenized Lands (ATL).
10.2. Atlantus Digital Assets (ADA).
11. COA SUPPORTING COMPANIES
11.1. MOBI Automation.
11.2. BaSea Industrial Sands
11.3. ARRT Global
12. COA PARTNERSHIPS
12.1. Ultimo.
12.2. OmniStar .
12.3. Innocuous.
13. COA GOVERNANCE
13.1. COA Board of Directors.
13.2. Atlantus High Council.
13.3. COA Services Groups.
14. COA DEVELOPMENT ROADMAP.
15. JOIN THE JOURNEY.
INTRODUCTION
The City of Atlantus (COA) is a multi-year, multi-billion-dollar sovereign digital nation enterprise that will govern global cities-of-industry designed to preserve arts, entertainment, and culture.
Creating a new model for a complex entertainment industry became a vision in the mind of Chief Architect, Olo Sears in 2008, he began exploring these visions and investing in crypto in 2017. By 2020, blockchain technology was finally mature enough to hire a full-time, dedicated team of professionals to begin the development of COA.
This ambitious venture is not a “crypto” project, it is an ecosystem project that is connected to the real world, where workforce and commodities are managed by various Web3 technologies, which includes the blockchain.
COA is a legacy project that is driven by dynamic use-case and utility, its mechanisms, logic, and protocols have been put through rigorous research and development sessions. These sessions have resulted in the creation of generational wealth assets and the blueprints to build a nation with decades of economic circulation and sustainability.
At this stage of development, COA is inviting early blockchain adopters, decentralized finance enthusiasts, technology partners and institutional investors to join our growing community.
The white paper you are about to read is a “live” document, it will continue to evolve in depth as the project develops. Please note that none of this information is financial advice, please do your own research as is a best practice with all investments.
A Rising Tide Lifts All Boats!
2. CITY OF ATLANTUS OVERVIEW
The City of Atlantus (COA) project and its Sovereign Digital Nation framework will be the foundation for a new world driven by the preservation of arts, entertainment, and culture. By pairing blockchain technology with the opportunities created by automation, COA will implement innovative systems to protect and share these creative arts.
This project will create real-world jobs for an emerging entertainment class and power an international network of cities-of-entertainment. To build these cities, COA will utilize the natural resource of construction sand. Tokenizing this commodity creates a system for sharing its value across the globe. This value is captured in Ecosystem Value Tokens (EVTs) which supply the building blocks needed to construct this new world.
The City of Atlantus is supported by a global entertainment community, called ARRT Society. These communities are powered by a blockchain-agnostic hyper-ledger and central operating system called QRRENT. The portal, Atlantus Tokenized Lands (ATL), is the gateway and management platform for investors and partners to connect to the entire ecosystem.
3. CREATING A SOVEREIGN DIGITAL NATION
To create a new world, we need a new structure. The City of Atlantus (COA) is a Sovereign Digital Nation powered by entertainment. This structure is inspired by the book, The Network State, to capture all the key elements needed for implementing a sovereign digital nation.
The framework for the COA includes a community with the intention to use technology to solve real-world problems. This international community will have the capacity for collective action, the ability for individuals to personally connect and a shared goal to preserve arts, entertainment, and culture.
This digital nation has a recognized founder, a dedicated board of directors, an integrated cryptocurrency, and the ability to trade real-world resources. COA will consist of an archipelago of crowdfunded physical territories with a virtual capital city, governed by DAOs. COA will have a global network of smart cities with a large-enough population, income, and real-estate footprint to attain a measure of diplomatic recognition.
4. PRESERVATION OF GLOBAL ARTS, ENTERTAINMENT AND CULTURE
Why is it important to preserve global arts, entertainment and culture? Arts, entertainment, and culture capture the story of our lives. Over the centuries, many of the world’s stories captured through these verticals have been lost. In the past, there were no global systems to consistently preserve this information for future generations.
Now the technology exists to preserve arts, entertainment and culture. With the emergence of blockchain technology, we now have the capability to preserve cultures around the world. Harnessing the power of the blockchain will provide new methods to achieve this goal. COA’s culture preservation technology is a digital distribution system that tokenizes entertainment. This tokenization process onboards digital entertainment onto the blockchain, enhancing its intrinsic value, and preserving its content as appreciating assets.
5. OPPORTUNITY FOR INNOVATION
It is estimated that automation will result in the loss of 40% of the world’s jobs by 2030, resulting in significant job changes. There will be a lot of people whose current skill sets will not translate into jobs of the future.
5.1. Changes Resulting from Automation
Many individuals who lose their jobs will likely turn to the arts as a new career path, leading to a renaissance in fine arts and entertainment. Unfortunately, the entertainment industry is currently ill-equipped to support the incoming wave of new entertainment professionals. These professionals will face significant challenges in monetizing their skills and sustaining their livelihoods through their craft. This disruption also presents an opportunity to create thousands of new jobs through the use of technology and innovation. COA is poised to seize this opportunity to be a safe haven for this new entertainment class.
5.2. A New Entertainment Class
In developing a new entertainment class, COA will support the most underserved, heavily underemployed sector of the entertainment industry. Currently, there are more talents than jobs in this sector. COA will provide the resources and framework to create thousands of new jobs and improve productivity. This enhanced productivity will expand the quality and quantity of entertainment assets available for preservation.
5.3. A New City of Entertainment
In creating a new city of entertainment, there are two sides to the City of Atlantus — the physical and the virtual. The physical side will be constructed in various regions and countries around the world, while the virtual side will be constructed as a metaverse destination on various Virtual Reality (VR) platforms.
Real-world development will begin by onboarding digital entertainment studios for cataloging music and content creation. A network of live performance venues will be created that provide opportunities for artists to perform and tour. Surrounding these performance venues, resorts and hospitality centers will be constructed and become highly sought-after entertainment destinations. Long-term plans include innovative entertainment districts comprised of residential and commercial live-work-play communities. Fully operational Smart Cities will be the apex of COA construction. These smart cities will also include a smart energy infrastructure powering transportation, agriculture, and utility systems.
6. FOUNDATION OF THE NEW WORLD
To create a solid foundation on which to build this new world, the journey starts where the ancient City of Atlantis ended, as sand at the bottom of the ocean.
6.1. The Value of our Natural Resource — Sand
Sand is the natural resource of the COA and a building block for construction in the real world. It is essential for the erection of buildings, the creation of infrastructure, and the reclamation of land. Sand retains its intrinsic value because it is tangible.
6.2. Sand Mining and Stockpiling
The emergence of oil refining capabilities in Lagos, Nigeria will spark a construction boom that will accelerate infrastructure buildouts across the country. COA has a sand mining operation called BaSea Industrial Sands. BaSea is currently stockpiling sand in preparation for the expanded needs of this commodity in the future. This will position COA to directly support these massive infrastructure buildouts. COA tokenizes this commodity via Ecosystem Value Tokens, easily transferring supply value to construct projects around the world.
7. BUILDING THE CITY OF ENTERTAINMENT (DIGITAL ASSETS).
COA’s digital assets are virtual representations of actual activities taking place within the ecosystem. These assets represent natural resources, construction, and currency.
7.1. Ecosystem Value Tokens (EVTs)
The technology used to tokenize the value of sand is called the Ecosystem Value Token (EVT). This token gives you access to participate as a builder in the City of Atlantus ecosystem. EVTs are a virtual representation of real-world stockpiled sand measured in squared acres, plots, and yards. They automatically produce a supply of Virtual Construction Bricks (VCBs).
7.2. Virtual Construction Bricks (VCBs)
VCBs will be used to build real-world digital entertainment studios, live performance venues, entertainment destinations, and smart cities. As investors, EVT holders actively participate in individual COA construction projects. Through the use of a DAO governance model, they can vote, provide input, and influence the operation of their chosen projects. Investors will receive quarterly dividends proportional to their investments. EVT holders will also be able to experience virtual representations of these developments in the future via COA’s Metaverse platform.
7.2.1. Economics of Virtual Construction Bricks (VCBs)
VCBs have a three-phase return-on-investment logic; Pre-Construction, Active-Construction and Post-Construction. During the pre-construction phase, investors will earn 8% APY, during the active-construction phase — 17% APY and during the post-construction phase — 26% APY. Yields are paid out quarterly through the Atlantus Tokenized Lands (ATL) dApp as $PRLZ that can be cashed out as stablecoins.
7.3. $PRLZ Currency
$PRLZ are off-dex, on-chain, in-system currency that is equivalent to $1 USD. $PRLZ can be used throughout the COA ecosystem for purchases, payments, investment account deposits and more. $PRLZ are paid out as rewards tokens via monthly Tsunamis based on the category of EVT held and the batch from which it was purchased. When the Atlantus Tokenized Lands (ATL) dApp launches users will be able to utilize, purchase and cash out $PRLZ for stablecoins.
7.4. ATL Genesis Keys
ATL Genesis Keys are pre-launch, temporary digital assets that will be exchanged for EVTs in the upcoming Atlantus Tokenized Lands (ATL) dApp. Holders of ATL Genesis Key receive $PRLZ rewards via Tsunamis events, which occur on the 26th of each month. These reward events will continue when you receive your EVTs.
8. ARRT GLOBAL NETWORK (SOCIETIES, STUDIOS AND TOKENS)
In addition to building, each EVT provides access to join a global network of ARRT Societies. Each society will launch and support ARRT Meta-Studios in various regions around the world.
8.1. ARRT Societies
ARRT Societies are non-profit foundations that support arts, entertainment, and culture preservation within designated countries. They manage country-specific information, plan events and participate in outreach initiatives. Each ARRT Society will have a working board to provide leadership and consistency.
8.2. ARRT Meta-Studios
Each National ARRT Society supports the launching of local ARRT Meta-Studios. ARRT Meta-Studios are talent-to-workforce initiatives that provide career paths and employment opportunities to independent and underemployed professional entertainers from music, television and film. These studios will focus on the production, distribution, administration and merchandising of several categories and genres of digital entertainment such as music, podcasts, web series, and films. ARRT will partner with an existing network of audio and visual production studios around the globe. These partnerships will enable more efficient use of production facilities, staffing and service network resources. This efficiency will improve studio productivity and provide sustainable employment for thousands of entertainment professionals on both sides of the camera.
8.3. ARRT Production Bonds
ARRT Production Bonds are the financial backbone of COA’s entertainment system. ARRT stands for Atlantus Recording and Royalty Token. ARRT Production Bonds are purchased by institutional investors as NFTs. ARRT Meta-Studios use income from these bonds to pay workforce and finance entertainment production. This production generates revenue through streaming and publishing royalties, sync licensing, and merchandising. These revenues are invested internally to provide a consistent and sustainable return-on-investment for bond holders.
8.3.1. Economics of ARRT Production Bonds
ARRT Production Bond pay holders a 35% APY. Yields are paid out quarterly in stablecoins.
9. DATA AND TRANSACTION SYSTEMS
The COA economy is powered by data and transactions. This robust data is captured and secured in our proprietary operating systems which include data management and merchant services.
9.1. QRRENT AI
The blockchain-agnostic hyper-ledger QRRENT (Quantifying Resources, Retail, and Entertainment) is COA’s central operating system. It is designed to track, store, and quantify all the ecosystem’s resource, retail and entertainment data. It manages system-wide data produced by COA digital assets such as EVTs and ARRT production bonds. It also collects data from business operations, DAO activities and merchant service protocols. Data management is a critical component in ensuring that the entire ecosystem operates effectively. In addition to managing COA data, this expansive system provides input to the system’s Artificial Intelligence (AI) protocol that predicts industry trends and future needs as the ecosystem grows.
9.2. QRRENT PAY (QPAY)
QRRENT PAY (QPAY) is a blockchain-based merchant solution powered by an advanced rebate protocol for COA’s consumer retail operations. This integrated solution tokenizes real world products and services for all CoA-partnered retailers, improving the intrinsic value of merchandise and accelerating transactions.
10. DECENTRALIZED APPLICATIONS (DAPPs)
COA participants access user experiences and banking services through decentralized applications.
10.1. Atlantus Tokenized Lands (ATL)
Atlantus Tokenized Lands (ATL) is the gateway into the City of Atlantus. This dApp is the
interface that enables members to register for a COA ID, activate EVTs and access the ARRT Society. The personalized ATL dashboard will enhance the user experience by enabling members to track COA assets and see investment activities including video monitoring of real- world construction and operations. This interface will connect members to numerous partner services including banking, blockchain insurance, and travel opportunities.
10.2 Atlantus Digital Assets (ADA)
Atlantus Digital Assets (ADA) is COA’s decentralized servicing bank that manages all ecosystem transactions and digital assets. In the future, ADA will launch an innovative ROI protocol exclusively for holders of COA assets. The protocol will be powered by a dynamic tax system and fresh capital inputs from merchant transactions.
11. COA SUPPORTING COMPANIES
There are several real-world companies that provide business support to ensure that COA has the people, expertise and operations needed to fully support this ecosystem.
11.1. MOBI Automation
MOBI Automation (Merchandising, Operations and Business Intelligence) is COA’s exclusive web3 engineering lab, based in Lagos, Nigeria. MOBI’s engineers are focused on building COA’s technical framework and suite of operating solutions using Decentralized Financing (DeFi), Non-Fungible Tokens (NFT), Augmented Reality (AR), Virtual Reality (VR) and Advanced Intelligence (AI) protocols.
11.2. BaSea Industrial Sands
BaSea Industrial Sands is a construction sand mining and stockpiling operation located in Lagos, Nigeria. Currently, BaSea has three mining sites under its operations with the potential to mine and stockpile millions of cubic tons of sand over the next few decades. As COA advances its global footprint, BaSea will continue to grow its grid of mining sites to become the largest sand mining operation in West Africa.
11.3. ARRT Global
ARRT Global (ARRT) is a talent-to-workforce initiative headquartered in Atlanta, GA. Its experienced leadership team will set policies and manage a global network of ARRT Societies and ARRT Meta-Studios to provide employment opportunities to music, television and film professionals across the globe.
12. COA PARTNERSHIPS
There are several organizations that provide partner services for COA operations, providing additional functionality to enhance the user experience. This list of partners will continue to grow as the project evolves.
12.1. Ultimo
Ultimo is an offshore solution for off-ramping cryptocurrencies. COA will partner with Ultimo by integrating its off-ramping capabilities into ADA’s advanced banking system.
12.2. OmniStar
OmniStar provides a decentralized security protocol that is designed with two core components; an MPC-based decentralized key management which handles various key types and transactions, and a powerful no-code logic engine capable of enforcing policies and conditions for transactions, chains, and accounts across multiple blockchains. COA will integrate various OmniStar solutions to power key transactional frameworks in our ecosystem.
12.3. Innocuous
Innocuous provides world-class cybersecurity consultation and services. The Innocuous team is comprised of ethical hackers and security professionals with decades of experience. The executives and operatives have deep connections to the Information Security industry and have protected some of the world’s leading organizations, government agencies, branches of the military as well as federal, state, and local law enforcement. Innocuous is the lead cyber security consultants for the COA project.
13. COA GOVERNANCE
COA has a governance structure to assure global consistency and provide support for local operations.
13.1 COA Board of Directors
The COA Board of Directors is a visionary group of individuals selected for their business knowledge, visioning capabilities, and communication skills. This group focuses on long-term planning, sustainability, partnerships and COA service offerings.
13.2 Atlantus High Council
The Atlantus High Council is an advisory board with seats held by large investors, partners, and ARRT Society Leaders. This council evaluates current practices, makes recommendations for continuous improvement, and identifies future opportunities. As ambassadors, council members advocate to investors, supporters, and regulators on behalf of the City of Atlantus.
13.3 COA Services Groups
COA Services Groups are responsible for the day-to-day management of the entire City of Atlantus ecosystem. These groups manage citywide operations, protocols, budgets, and resources. These groups also provide engineering, partnership integration, new products, and system capabilities.
14. DEVELOPMENT ROADMAP
There are many phases to the development of this complex ecosystem. Each phase overlaps and will continue to evolve as the system matures.
The development roadmap is in phases as follows:
- Initial design phase — Complete.
- Building phase — In progress.
- Initial implementation rollout — Begins Q3 2023
- Operating/Onboarding — Scheduled for Q4 2024.
- Fully Operational — Planned for 2030.
15. JOIN THE JOURNEY
The City of Atlantus is a new world of arts, entertainment, and culture. With access to this world, you are connecting to the shared goals of creating global entertainment communities, building real-world construction, creating jobs, managing long-term investments, and utilizing valuable partner services all through a fully integrated user experience.
We are in the beginning phases and look forward to you joining the journey.
Additional information about the City of Atlantus is available at https://t.me/cityofatlantus. The City of Atlantus Whales Lounge on Telegram will host the education series.
