CHANCLACOIN WHITEPAPER

TOKENOMICS

CHANCLACOIN (“CHANCLA”) is an ERC-20 digital meme token with no real utility, value, or promise of any financial return. It is created as a meme for entertainment purposes, combining humour and nostalgia.

ORIGIN OF CHANCLA

 

“CHANCLA” has a long and interesting story behind it, it can mean any rubber or slip-on sandal, and it most commonly refers to thong sandals. It dates back thousands of years, with some of the oldest evidence going back to at least 4000 B.C. It has gone viral and grown to meme-like proportions, a traditional tool for empowerment, discipline, and corporal punishment.

CHANCLACOIN has been built around this meme-like culture and community “to slap all the coins”.

To clarify, and to provide a comprehensive understanding, it should be noted that CHANCLA is explicitly not meant to serve the following purposes, among others:

  1. Function as a widely accepted form of payment by the general public or any specific group for goods, services, or settling debts.
  2. Serve as a means of payment for any goods or services, whether through the CHANCLA Group or any other means.
  3. Grant holders the ability to exchange CHANCLA for goods or services.
  4. Act as a representation of currency, including electronic money.
  5. Function as a digital representation of any financial product related to capital markets, securities, shares, debentures, units in collective investment schemes, derivatives contracts, commodities, or any other financial instruments or investments in any jurisdiction.
  6. Be classified as a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity, or any other form of financial instrument or investment in any jurisdiction.
  7. Represent ownership, participation, rights (including voting rights), titles, stakes, or interests in, or the ability to participate in the operations of any entity, business, or undertaking, including any member of the CHANCLA Group.
  8. Entitle holders to fees, dividends, revenue, profits, or investment returns.
  9. Confer rights under contracts for differences or any other contracts designed to secure profits or prevent losses.
  10. Be eligible for refund or exchange for cash or equivalent value in any other digital asset.
  11. Represent any form of indebtedness.

There is no guarantee and no commitment to list CHANCLA on any exchange.

DISCLAIMERS

 

This document and the associated websites are for informational purposes only and should not be interpreted as an official offer document, a solicitation for investment, or an offer to sell any securities, capital market products, digital payment tokens, or any other products or assets. The content provided here is not exhaustive and does not form part of any contractual agreement. We do not guarantee the accuracy or completeness of this information and make no claims to its reliability.

Chanclacoin.com, along with its affiliates and related entities (collectively, “CHANCLA Group”), does not present this as an offer to sell CHANCLA tokens. The presentation of this document should not be used as a foundation for any contract or investment decision. This document does not promise, predict, or imply any future performance of CHANCLA Group.

The information presented is intended for community discussion and is not legally binding. No obligation to enter into any agreement regarding the acquisition or holding of CHANCLA tokens exists based on this document or the associated websites. The distribution or holding of CHANCLA tokens will be governed by a separate set of terms and conditions, which will be provided or made available in the future.

No regulatory authority has reviewed or approved the information contained in this document or on the associated websites. The publication of this document does not indicate compliance with any laws, regulatory requirements, or rules of any jurisdiction.

 

NO FURTHER UPDATES

 

The information in this document is accurate as of the date mentioned on the cover. Details regarding token sales, CHANCLA functionalities, business operations, financial conditions, and future plans of the CHANCLA Group are subject to change. The CHANCLA Group has no obligation to update this document to reflect such changes.

This document is not a binding commitment. Decisions on purchasing CHANCLA should not be based solely on the information provided here, as the development, release, and timing of any products, features, or functionalities are subject to the CHANCLA Group’s discretion and may change. This document and the associated websites may be updated or replaced, and there is no obligation to provide further updates or information beyond what is contained herein.