ON-PAGE NAV
WHITEPAPER
BSC Smart Contract Address
0x6c93931a8ac1a94b7dde231a19a33d2a5cf3bab4
1. Introduction
Greenlyght Coin (GLC) represents the bridge between crypto and cannabis, a merger
unlike any company or project has done before. This is accomplished using our
already-functional, groundbreaking utility backed by Greenlyght “The Company,” an established company that's been innovating for over 5 years.
For holders of Greenlyght Coin (GLC), that means the early opportunity to invest in a crypto token that's aiming to circulate a large percentage of the quarter trillion dollar cannabis market.
BSC Smart Contract Address
0x6c93931a8ac1a94b7dde231a19a33d2a5cf3bab4
The benefits of being an early investor in GLC are all the reasons to buy and hold. They include things like high yielding staking pools for holders who want to stake their tokens long term and earn free GLC daily. Staking is only a short term utility to incentivize early-bird investors who are aligned with our vision.
Long term benefits of holding include an ever-growing liquidity pool caused by real world cannabis sales and transactions. A percentage of all sales and transactions that are transacted on the Greenlyght App or Web App will go directly into the GLC liquidity pool to ensure your investment will become safer overtime as our LP to MC is shortened.
1.1 UTILITIES
And there’s more, with exciting utilities like Greenlyght NFTs, L Studios Play to Earn online gaming (p2e)
and our flagship utility – the Ultimate Cannabis Metaverse - Greenlyght World.
Our utility line-up hits
all aspects of the crypto space, blockchain, NFTs,
gaming, the metaverse and most importantly interacts
with an already-established real world company.
Investors, consumers and users will have multiple
ways to have fun and earn free GLC by participating
in our community utilities.
1.2 VISION
We at Greenlyght “The Company” have always been future-minded,
constantly asking ourselves, “What can we do to position ourselves
ahead of the competition?”
This mindset ultimately led to an obvious
conclusion. In order to stay ahead of the curve, we needed to create
“The Ultimate Cannabis Metaverse,” and that’s exactly what we’re doing.
Introducing Greenlyght World. When the project is complete, customers
will be able to enter a virtual reality universe via smart phone, computer
or headset and navigate Greenlyght World to different stores to purchase cannabis virtually.
Inside
the metaverse, you can communicate with other cannabis users about
cool new products and stores in Greenlyght World. You can also buy your own mataverse plot and build a virtual house. And in that house you can hang up your Greenlyght NFT's and much more.
Greenlyght is poised to continue changing
the world and bridging the gap between crypto and cannabis.
1.3 Overview
Greenlyght Coin is a multi-purpose token on the Binance Smart Chain. It consists of several elements working together like Greenlyght “The Company, Greenlyght NFT's, L Studios p2e Gaming, Greenlyght World “The Ultimate Cannabis Metaverse,” and last but certainly not least, our GLC Staking Program to provide customers and holders a world-class, ultramodern experience.
Greenlyght Coin is now the cornerstone in bridging the worlds of crypto and cannabis,
providing an asset unlike anything you’ve ever seen before. GLC will be the driving
force in connecting crypto and cannabis online, offline and via the metaverse.
With a growing demand for all businesses to accept crypto as a form of payment,
GLC is working on solutions to use its token as a go-to currency provider.
Greenlyght “The Company” is an online, worldwide experience where
cannabis store owners and delivery companies can set up their online shop, showcase
their menus, and receive orders via the Greenlyght Pack App and online dashboard. In
addition, they will also get the Dispatch App by Greenlyght, in which drivers can
receive orders and successfully deliver them to the customers on-demand.
1.4 REAL WORLD CONCEPT
Greenlyght “The Company” is a cannabis tech project using the
UberEats model, featuring a robust “react” technology that allows real-time
tracking and updates between business, driver and consumer.
The cannabis
delivery software works exactly as UberEats, DoorDash or Grubhub does for
food delivery. It allows businesses to place their menus online, giving consumers
the ability to search their local area for nearby stores.
Greenlyght “The Company” was built
from the ground up using real world situations
to ensure a flawless ordering experience and
seamless order flow from the consumer to
the business, and more importantly from the
business back to the consumer via the Dispatch
App by Greenlyght (The Driver App).
Greenlyght
Coin works beautifully into this equation by
not only adding to its LP from the company’s profits, but also
consumers will soon be able to use their
actual GLC to buy products on the website.
Along with GLC, consumers will also be able
to use Bitcoin, Ethereum and BUSD to order.
Greenlyght Coins’ flagship goal and futuristic vision is to have a metaverse called
Greenlyght World where consumers can enter via VR, smartphone or computer, and
order cannabis and have it delivered to their front door.
This will provide cannabis
users all over the world a real-life ordering experience where they can communicate
with other cannabis enthusiasts while being able to directly consult with bud tenders
who are running their stores in the metaverse in real time.
Greenlyght World’s metaverse will be an online world where people from all over the globe can enter at any time, meet new people, hang out, and learn about the amazing medical benefits of cannabis. It will be a virtual world where real people can connect, a place where the impossible becomes possible.
1.5 REAL WORLD APPLICATION
1.5 REAL WORLD APPLICATION
GREENLYGHT “THE COMPANY” CAN BE SUMMED UP AS:
A futuristic online cannabis directory that aims to bring joy to every person in the world through a fast, friendly and confidential experience, and to inspire moments of ease and happiness by allowing you to relax, knowing your remedies are just a click away.
GREENLYGHT FOR BUSINESSES:
A place where local businesses can showcase
their products and menus to nearby consumers
whether they be locals or tourists.
Additionally,
the UberEats-like software allows them to
successfully execute deliveries in a timely and
organized fashion.
GREENLYGHT COIN FOR INVESTORS:
Greenlyght Coin allows investors from all over the world to invest in not only cryptocurrency but also cannabis.
GREENLYGHT REAL WORLD UTILITY NFT'S:
In a brave new world filled with
meaningless NFTs and empty
metaverses, the Greenlyght NFT's are here to disrupt it all.
What good
is an NFT if there is no real-world
value?
Greenlyght
NFTs will bring you closer than you've
ever been to a crypto coin project
and Dev team.
For example, one NFT will give you FREE cannabis deliveries for life on
Greenlyght.com, cool right? Others will grant you exclusive access to the
Dev Team (essentially buying your way to the top).
Once on the Dev Team,
you’ll be in all of our ”closed to the public” groups with access to our leadership
calls and you’ll even be invited to our in-person summits where we discuss
the future of Greenlyght.
Also, certain NFTs will be your pass to our annual
Holiday Party or give you a world-class vacation to our “Yearly Leadership
Retreats” in exotic destinations. Greenlyght is blazing the way for how NFTs
should and will be utilized going forward.
L STUDIOS P2E REWARDS GAMING:
Getting paid to play games is the future and L Studios Rewards Gaming is lighting this joint on fire. Imagine playing your favorite games and getting paid to do it? Getting actual BUSD rewards? Well, that's exactly what we’re going to offer.
Getting paid to play games is the future and L Studios Rewards Gaming is lighting this joint on fire. Imagine playing your favorite games and getting paid to do it? Getting actual GLC for just playing! Well, that's exactly what we’re going to offer.
GREENLYGHT WORLD “THE ULTIMATE CANNABIS METAVERSE”:
Yeah, yeah… we know it’s cool to go into a
store and buy your remedies or get on your
phone and order your favorite products
from your favorite delivery service.
But
what if… just WHAT IF you could put your
VR headset on and walk into dozens of
different cannabis stores in just minutes.
Combine that with the opportunity to interact with other users and bud tenders
alike and you have a world-class educational experience that you can't get
anywhere else.
Greenlyght World will save you countless hours of traveling and researching to find what remedies you really love. When you find what works for you, you can simply order your pick-up or delivery directly on the metaverse and voila, you’re done!
This will work the same way for rewards
as Greenlyght.com and the Greenlyght
ordering app. A percentage of all transactions will go directly into GLC LP.
AUTO COMPOUNDING STAKING & LP PUMPS:
Simply put - when you stake your Greenlyght Coins,
you will earn free Greenlyght Coins. The reason your
crypto earns reflections while staked is because the
blockchain puts it to work.
Many long-term crypto
holders look at staking as a way of making their assets
work for them by generating reflections, rather than
collecting dust in their crypto wallets.
In addition to all the great benefits of traditional crypto staking, you will also benefit from Greenlyght’s LP profit-sharing program where 2% of total sales will go directly into GLC's LP. This ensures GLC's MC to LP ratio is always improving.
2. ARCHITECTURE
The Greenlyght ecosystem is a set of online products and services for cannabis business owners, cannabis users, cannabis enthusiasts, crypto investors and cannabis investors.
2.1 PACK & DISPATCH APPS
The cannabis industry is growing - literally! The expected growth by 2028 is upwards to $197B, and with that comes storefronts and delivery services with both medical and recreational businesses.
Greenlyght Delivery Software & Apps allows both the big corporations and
the mom-and-pop businesses the opportunity to use state-of-the-art
pick-up & delivery software to run their operations.
With our business
management app (Pack by Greenlyght) and our driver app (Dispatch by
Greenlyght) available on both the App Store and Google Play, we are
hitting the ground running with our one-of-a-kind-utility.
Our Pack App is all that a business needs to run and manage a successful
pick-up and delivery operation.
In addition, our Dispatch App is a
one-stop-shop for drivers to navigate through a high- volume delivery day
with features like built-in GPS, internal messaging system, and notifications.
2.1 ORDERING WEBSITE AND APPS
The Greenlyght ordering experience is fast, simple and fun. With no bugs, glitches or headaches our users are guaranteed to get their order submitted with ease. With just a couple clicks, consumers can start searching the closets stores to them.
3. ECONOMY
3.1 GREENLYGHT ONLINE ORDERING
The economic mechanics of the Greenlyght ecosystem will constantly
evolve as crypto and cannabis continue to go mainstream. With current
regulations, cannabis remains mostly a cash business, but as more states
and countries around the world deregulate the use of cannabis you will
slowly start to see the burden of cannabis banking ease up.
Just in the past
5 years, the landscape has changed dramatically as cannabis businesses can
now deposit their profits in local credit unions. In person "pin based debit" transactions
are also very common now. Greenlyght understands these shifts and is
positioned perfectly for each phase of the banking system to be greenlighted.
In a perfect world a customer can order cannabis online and pay with their
debit card, credit card or their favorite form of crypto including GLC. In fact,
Greenlyght is already set up for all these payment options. And as regulations
continue to be lifted, Greenlyght is prepared to activate them with a flick of
a switch.
3.2 GREENLYGHT Coin Tokenomics
9% Buy & Sell Fee
1% p2e Rewards
1% Buy Back
2% Liquidity Pool
5% Marketing
9% Buy & Sell Fee
1% p2e Rewards
1% Buy Back
2% Liquidity Pool
5% Marketing
3.3 TOKENOMICS EXPLAINED
The tokenomics are a critical part of a tokens short and long-term success. Greenlyghts tokenomics have had a roadmap of their own from launch day where it was 10% buy/transfer and 12% sell to now where buying and transferring is 1% and selling is 22%. As we get closer to making GLC the go-to cryptocurrency provider for cannabis stores all over the world we are proud to official announce that GLC tokenomics will will be a flat 1% fee for buys, sells and transfer starting in Q1 of 2023! In order to make a cryptocurrency an everyday currency it's imperative little to no fee's. The 1% buy/sell/transfer fee will go directly in GLC LP.
1% BUY
1% SELL
p2E rewards
This 2% is a crucial part of keeping our rewards pool funded for updates and payouts each month. These are exciting programs that bring the community together!
2% BUY
2% SELL
LIQUIDITY POOL
The Liquidity Pool is a vital part of a token’s growth, success and longevity. GLC understands
how important this is, which is why we’re constantly monitoring this crucial tokenomic.
It is our continued goal to keep adding to our LP.
1% BUY
1% SELL
BUY BACK WALLET
The GLC Buy Back Wallet is probably the most underrated tokenomics tool Greenlyght Coin
has. This wallet has allowed us to stabilize the chart from the very beginning.
When sells come
in, we can deploy this wallet to pump Smartchain back into the GLC chart to form green
candles. This is crucial as it allows our chart to show constant growth.
5% BUY
5% SELL
MARKETING WALLET
The holy grail. The marketing wallet is where all the magic comes from. It allows GLC
to hire crypto influencers, pay for ads on places like Poocoin.app, set up a booth at a
crypto event, pay for billboards, send out press releases, and the list goes on.
The core
dev team has an extensive marketing background, and they understand that in order
to get into new markets and in front of new people daily, they need marketing money.
3.4 BSC Smart Contract
Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs parallel with Binance's native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. Greenlyght Coin uses a smart contract on the BSC Network.
Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. BSC runs parallel with Binance's native Binance Chain (BC), which allows users to get the best of both worlds: the high transaction capacity of BC and the smart contract functionality of BSC. Greenlyght Coin uses a smart contract on the BSC Network.
4. ROADMAP
2022
Quarter 4
- MJBiz Con Las Vegas (Click Here)
- Multi-Chain Buying Integration
- Accept BTC & ETH As Payment Options on Greenlyght
- HIAHS NFT Completion
- HiCon Holders NFT Airdrop
- Online Merchandise Store
- Greenlyght News Hub
- 1000+ Walk-In Store Listings On The Greenlyght App
- Start Of The Greenlyght Nation Wide Tour (Follow Here)
- Launch New Greenlyght App In Apple App Store
- Launch New Master Website
- Launch New Web-App For Searching On A Internet Browser
2023
Quarter 1
- Greenlyght Tour Continues (Follow Here)
- Local Cannabis, Crypto and NFT Shows & Conventions On The West Coast Of The USA
- 1750+ Walk-In Store Listings On The Greenlyght App
- 100+ Cannabis Stores Using The Paid Version Of Pack & Dispatch While Utilizing Our Robust Online Ordering Menu (2% of all sales from Greenlyghts menus go directly into GLC LP)
2023
Quarter 2
- Greenlyght Tour Continues (Follow Here)
- Apply For Exchanges
- Greenlyght EDU Launch
- 2500+ Walk-In Store Listings On The Greenlyght App
- 250+ Cannabis Stores Using The Paid Version Of Pack & Dispatch While Utilizing Our Robust Online Ordering Menu (2% of all sales from Greenlyghts menus go directly into GLC LP)
2023
Quarter 3
- Greenlyght Tour Continues (Follow Here)
- NFT Week In Miami (Booth# TBA)
- Plus Many More Local Shows & Conventions
- New Business "Pack App" For Cannabis Businesses
- New Driver "Dispatch App" For Greenlyght Drivers
- 3250+ Walk-In Store Listings On The Greenlyght App
- 500+ Cannabis Stores Using The Paid Version Of Pack & Dispatch While Utilizing Our Robust Online Ordering Menu (2% of all sales from Greenlyghts menus go directly into GLC LP)
2023
Quarter 4
- Greenlyght World Metaverse Sneak Peek
- 4000+ Walk-In Store Listings On The Greenlyght App
- 750+ Cannabis Stores Using The Paid Version Of Pack & Dispatch While Utilizing Our Robust Online Ordering Menu (2% of all sales from Greenlyghts menus go directly into GLC LP)
2024
Quarter 1
- Accept GLC As Payment Option On The Greenlyght App
- Set GLC Buy/Sell/Tranfer Tax Fee To ZERO (0%)
- 5000+ Walk-In Store Listings On The Greenlyght App
- 1000+ Cannabis Stores Using The Paid Version Of Pack & Dispatch While Utilizing Our Robust Online Ordering Menu (2% of all sales from Greenlyghts menus go directly into GLC LP)
5. SUMMARY
The Entire Greenlyght Eco-System is a robust project that uses a wide array of different technologies
and data directed towards creating a world-class consumer experience. As the main
utility of GLC, it’s crucial that we combine the two for the best possible scenario for
both cannabis consumer and investor.
This will allow both consumer and investor to
prosper within the Greenlyght Eco System. The use of state-of-the-art delivery software
and cutting edge blockchain technology will increase overall interest and engagement
in this project as we move into the future.
We envision the creation of a global community inside a metaverse where cannabis
businesses, consumers and investors can interact on a personal level. Greenlyght aims
to engage people together virtually using the internet and groundbreaking technology
to create the ultimate cannabis metaverse.
6. CONCLUSION
It’s clear Greenlyght Coin is giving a whole new meaning to tokenomics. (cough cough)
And we don’t take this pun lightly; the intersection of cannabis and crypto is fertile
ground. For years, the naysayers doubted the power of cryptocurrency, and now Bitcoin
is accepted by PayPal, Starbucks, and Overstock just to name a few. Citibank, JP Morgan
Chase and Goldman Sachs have invested hundreds of millions of dollars in crypto.
The story of cannabis is not that different. Gone are the days of dealers and ditch weed.
Cannabis is now a $60B industry (Just in the United States). Greenlyght recognized
these two ascendant assets and found the perfect way to make them work synergistically.
Supported by Greenlyght, “The Delivery Company” and our sophisticated and user-friendly
apps, Greenlyght Coin is the wave of the future, connecting the worlds of cryptocurrency
and cannabis.
So, join us… because at the end of the day, this is a joint venture.
