Updating the global Givetime.io program

Throughout 2022, we attempted to develop a concept that included a long-term roadmap, engaging an active audience for a project that shares goals and mission. Unfortunately, due to a lack of required financial support, there were uncertain prospects for results in complex medical and scientific domains. Audience engagement and providing specific forecasts turned out to be unappealing.

We remain committed to our mission of “Extending a meaningful life for individuals through science and medicine.” The only thing needed to achieve realism is to add:

“Extending a meaningful life for individuals through science, medicine, and resources.”

By resources, we mean everything necessary to successfully advance in solving this task. Among the specific resources to highlight are:

• Financial resources (money, investments)
• Labor resources (intellectual capacity for problem-solving)

Both aspects are closely tied to the financial capabilities of the project. This is precisely what compels us to incorporate financial management into the project, aimed at generating profits and attracting a greater flow of investments.

Important Essence for Every Project in the Crypto World

First and foremost, I want to draw attention to the fact that this is strictly my opinion. However, I formed it quite some time ago, and it has not yet encountered proper counterarguments.

For every project in the crypto world, there are two broad stages of development.

First Stage

This is the development of the project’s concept, its purpose, novelty, and effectiveness. Advertising and marketing efforts are made, and the project attracts funding. Speculation on predictions that will be crucial to society and speculation on token prices through market making (MM) occur. All of this contributes to an influx of an audience that:

• Engages in the project’s social media platforms. Follows project news and participates in discussions.
• Invests in the project by purchasing tokens or coins (although participants may not perceive it as an investment, in reality, it is. They give money or liquid assets in exchange for a new, unverified token).
• Monitors the project and waits for price changes to validate their purchase (investment) and experience profitability.

Currently, more than 95% of projects are in this stage. Once they have received funding from investors, they engage in development and marketing (to varying degrees of budget allocation). However, an essential aspect in this case is the dynamic of attracting funds.

Until a project begins generating profits, it resides in the realm of a financial pyramid. The token’s value grows solely through the influx of new contributions from new or existing participants (averaging).

The primary definition of a financial pyramid is a fraudulent project that simulates profitable investments. Funds are obtained through constant recruitment of new participants who contribute money and then attract others, causing the pyramid to grow. In this scenario, the top of the pyramid can indeed profit.

This may occur with the project team’s consent or even unknowingly on their part. As long as the project relies on new inflows (token purchases), it is not a sustainable and profitable venture.

It is axiomatic that the influx of funds from the audience will decrease. If the project fails to transition to profit generation during this time, it will inevitably decline.

Second Stage

This is the time when the project integrates into existing financial and other systems, when it has its own technical aspects that are in demand. When it becomes essential for the functioning of other systems, it can be said that the project has found its purpose (at least one of them). During this time, it starts generating revenue through its technologies or business model.

To illustrate this stage more clearly, I will describe several projects that, in my opinion, are already in this second stage of their development.

Bitcoin — a trusted financial asset with good liquidity and borderless transferability. It is the first decentralized asset.

USDT — a digital dollar backed by US bonds, Bitcoin, and other reliable assets.

USDC — a digital dollar backed by US bonds, Bitcoin, and other reliable assets.

Currently, in my opinion, the remaining projects in the top 100 are still in the first stage. This is because the prospects of integrations, a large network of projects on the second or even third level, do not provide sufficient evidence that these blockchains are already generating revenue. Currently, the revenue is generated only within them.

Ethereum, Polygon, Cosmos, XRP, Cardano, Solana

Global Changes in the Project

It is precisely this distribution that has raised the question of achieving our goals. When the project acquires infrastructure and a product that starts generating revenue, a significant amount of time will pass. The large time gap between the project’s start and achieving financial milestones makes its development along the roadmap challenging.

We are adding new functionality and tasks to the project, but our mission remains the same. Now, the initial focus is on creating a foundation for the realization of all future goals, which will be expressed through financial management in all available markets.

To provide an overall view of the changes that await the project, the best approach is to present the roadmap in a more general manner with extended timelines. Soon, the roadmap itself will be detailed and updated in the project documents, along with the White Paper.

Road Map (Sketch) Stage 1

• White Paper Update
• Project website update
• Creation of investment management system, crypto gateways for deposits and withdrawals
• Defining the role of the GTM token (swap to a new blockchain for required functionality)
• Implementation of the investment model

Detailed description of the financial activities of the investment fund, risk assessment, guarantees, and protective measures. Description of profit calculation and distribution procedures.

• Implementation of the project participant dashboard

Dashboard, quarterly reports, mobile application, ROI metrics, market news summaries, and insights.

• Project marketing activities
• Growth of the project audience to 50,000 active participants

Active interest from the audience towards the project

• Legal formalities for the project

Bank accounts, licenses for activities and asset trading

• Formation of a $1,000,000 investment fund

Quarterly reports on the activities of the investment fund, asset reports

• Establishment of the company’s first office
• Formation of a $10,000,000 investment fund

Fundraising, quarterly reports with specified volumes

This is the first major part of the project. The implementation dates for this stage are 2023–2024. I would like to highlight separately that the liquidity development model in Pancakeswap will not be a solution since the assets for operation should be utilized, and thus they need to be held in the project’s wallets and participate in trading transactions. There is currently no finalized solution, and section 3 of this part of the plan will be dedicated to addressing this.

Stage 2

• Project marketing campaign

New scale, new approaches, and formats. Expansion of geographical advertising, entering more conservative marketing formats.

• Growth of the project audience to 300,000 active participants

Active interest from the audience towards the project.

• Expansion of tools for trading activities in the investment part of the project

Utilization of all available tools for trading and investment activities. Cryptocurrency markets, stock markets, commodity markets, forex markets.

Formation of multiple investment formats

Crypto Investments [30–45% annual return]

Moderately Aggressive Investments [15–25% annual return]

Conservative Investments [6–12% annual return]

• Formation of a $50,000,000 investment fund
• Formation of a protective asset strategy

Formation of secure assets to support the project. US bonds, gold, commodities, Bitcoin. Reporting on these assets.

• Implementation of several company offices in leading countries for project coverage
• Formation of a $300,000,000 investment fund
• Formation of a $1,000,000,000 investment fund

This is the second major stage of the project. The implementation dates for this stage are set for 2024–2026. The foundation of this stage lies in expanding the functionality of investment operations, working on the project’s authority, focusing on performance, and expanding the project’s audience.

Stage 3

• Growth of the project audience to 1,000,000 active participants

Active interest from the audience towards the project

• Participation in the creation of offline and online projects as an investment fund. Equity and shares in projects.
• Implementation of conservative projects: real estate, land, resource development.
• Scientifically and technically significant projects.

Artificial intelligence and its involvement in production and business activities of companies. Robotics, a new developing sector that will reduce the labor market by 80–95% within 20–30 years.

• Implementation of a medical organization dedicated to developing anti-aging tools and supporting health in individuals over 40 years old.
• Formation of a $10,000,000,000 investment fund
• Formation of a $50,000,000,000 investment fund
• Formation of a $100,000,000,000 investment fund

This is the third major stage of the project. The implementation dates for this stage are set for 2026–2030. Finally, here we can start the development of the main medical-scientific part, which will be securely supported by the project’s resources and funds for maximum quality and rapid implementation.