NTC-$ White paper

Table OF CONTENTS

A)     Overall observations: 2

B)     The NTC Platform: Services Development Goals for NTC-Currencies holders. 3

C)     NTC-$ and $Shield: Safeguarding Your Assets. 4

D)     Introducing $SHIELD: A Revolutionary Service. 6

D.1.      Protection against market volatility with immediate guaranteed availability. 6

D.2.      NTC-$ issuances remain independent of market volatility. 7

D.3.      The $Shield remains independent of the count of NTC-$. 8

E)     A TRUE INNOVATION: the KYS (Know Your Shield). 9

F)     A Counter-intuitive protection. 12

G)     Redemption: NTC-$:USDC (US Dollar Coins) 13

H)     NTC-$ features HIGHLIGHTs. 14

I)       Get Ahead as an Early Bird: Join the NTC-$ Launch. 15

J)      Targets. 16

K)     Glossary. 17

A)   Overall observations:

The emergence of Blockchain and cryptocurrency technologies in the Digital Universe has generated numerous questions and criticisms. One of the main concerns is the perceived excessive volatility in this realm, largely driven by Bitcoin which serves as a benchmark for the fluctuations in these new digital currencies.

However, it’s important to recognize that behind this volatility, there exists a vibrant economic landscape with diverse use cases and applications that reflect a significant demand for these technologies. Many new tools are constantly being introduced, often simple adaptations of traditional finance made accessible through cryptocurrencies and Blockchains, which provide secure authentication of all transactions.

The introduction of digital currencies backed by recognized and interchangeable collateral, particularly fiat currencies, has fulfilled a need by allowing arbitrage on less volatile underlying assets within the digital universe.

Yet, as with any rapidly expanding market, there are also instances of insecure and questionable innovations, such as Ponzi schemes, which can arise. Additionally, there have been cases of unstable algorithmic stable coins that initially experienced rapid success but ultimately resulted in financial disasters, leading to bankruptcy for several exchange and lending platforms and causing collateral damage.

In summary, the Digital Universe’s unprecedented evolution with Blockchain and cryptocurrency technologies have brought forth numerous questions and concerns. However, the underlying economic reality and the growing demand for these tools continue to drive the development of new and innovative solutions.

The adoption of substantial financial leverage, which has been directly transplanted from traditional finance with all its excesses, has produced similar effects to those observed in traditional economies. These effects include large-scale speculative position liquidations, increased volatility, asset contractions, and overall valuation declines.

Consequently, both individual and professional portfolios have suffered significant losses, creating a demand for more reasonable and, above all, more reliable tools that accurately reflect the associated risks involved.

B)    The NTC Platform: Services Development Goals for NTC-Currencies holders

The NTC Platform envisions creating a dynamic community by utilizing its tools and services while providing a reliable and secure digital currency. The team, comprised of financiers, computer scientists, and cryptocurrency experts, aims to offer an easy introduction to cryptocurrencies, secure digital asset storage, effortless digital asset transfers, and support for startup development.

The NTC platform strives to provide funding for innovative startup services, timely news feeds, learning processes for newcomers and advanced technologies, and facilitate asset transfers from the real economy to the digital economy.

Within this framework, the NTC Platform launches NTC-$, a digital currency backed by the US Dollar through USDC. NTC-$ offers advantages such as value security, digital monetary support, backup of records, a progressive floor exchange rate, the Know Your Shield (KYS) feature, the immutable $Shield, transparent recording, and publication of NTC-$ transactions on the Ethereum blockchain, and gradually: listing on various exchange platforms.

Furthermore, the NTC Platform will offer services including renewal of elaborated and profitable NFT design, depositing ideas and intellectual property, fostering community collaboration, providing databases for financing and cooperation, establishing databases for market products and services ratings, implementing a sponsorship system, enabling long-term holdings with the Progressive floor Exchange Rate Currency (PERC) and providing to the NTC-$ cryptocurrency an inviolable status.

Overall, the NTC Platform invites individuals and institutions to explore the abundant possibilities in the world of digital finance, while emphasizing the development of services specifically designed for NTC-Currencies holders.

C)    NTC-$ and $Shield: Safeguarding Your Assets

The NTC Platform introduces NTC-Currencies, a new ERC20 token.

with a unique safeguarding feature called the SHIELD.

The choice of ERC20 tokens is guided by their standardized qualities, ease of exchange, and interoperability.

with the Ethereum network’s diverse applications and services.

The initial release of NTC-Currency tokens will include NTC-$, which incorporates the $Shield feature.

The $Shield guarantees a floor exchange rate between NTC-$ and the US Dollar Coin (USDC), as published on the NTC platform.

To purchase NTC-$ tokens during primary issuances, buyers must convert their assets, such as FIAT currencies or cryptocurrencies, into USDC on exchange platforms.

$Shields are backed by specific collateral, namely USDC, which is a cryptocurrency pegged exclusively to the US dollar at a 1:1 conversion rate. The value of $Shield is fully supported by segregated USDC deposits recorded on the Ethereum Blockchain. A smart contract ensures the availability of these segregated USDC deposits. NTC-$ token holders have the permanent option to exchange their tokens on the secondary market or redeem their USDC guarantee at any time based on the latest published $Shield rate.

Exchange Rate Calculation and $Shield Determination

The issuance of NTC$ tokens incorporates a meticulously crafted process for exchange rate calculation and $Shield establishment.

  1. Quantity and tranches: The process algorithm calculates the number of tranches required for token issuance and determines the USDC:NTC-$ exchange rates.
  2. Algorithm Calculation Parameters: The process of issuing NTC-$ tokens relies on an algorithm that computes exchange rates between USDC and NTC-$ for each tranche, ensuring it remains at or above the previous $Shield guaranteed floor. This algorithm takes into account multiple parameters including orders chronology, mandatory collateral, pending demand, prevailing NTC-$:USDC exchange rates in the market, and market volatility.
  3. Primary objective: The central aim is to maximize the quantity of tokens issued while simultaneously maintaining a future guaranteed $Shield exchange rate higher (or at least equal) to the previous $Shield rate.
  4. Minimum Guaranteed Exchange Rate: Following the token issuance, the NTC-Platform publicly announces the guaranteed floor for NTC-$:USDC exchange rate, known as the new $Shield.

Importantly, the $Shield established at the conclusion of an issuance is consistently set at a value that equals or surpasses the last published $Shield. This provision applies uniformly to all NTC-$ holders, significantly enhancing the security and preservation of their assets.

This process ensures transparency and establishes a novel cryptocurrency category: PERC (Progressive floor Exchange Rate Currency), effectively safeguarding the interests of NTC-$ holders.

Smart Contract

Our smart contract acts as the exclusive mechanism for issuing and destroying ERC20 NTC-$ tokens. The smart contract enables two types of transactions:

  1. Increase the $Shield by contributing USDC, with or without the potential issuance of new NTC-$ tokens, in accordance with the updated $Shield rate.
  2. Redeem USDC by destroying NTC-$ tokens based on the latest guaranteed and published $Shield rate.

Reference Currency

The US dollar, through USDC, remains the reference currency for NTC-$, ensuring the security of $Shield assets. This security is upheld in two ways:

  1. Valuation: The minimum value of NTC-$ is the last published $Shield value, always equal to or greater than the previous published value.
  2. Institutional Level: $Shield assets are exclusively owned by NTC-$ holders. They are their own custodians: Neither the issuing NTC platform nor any other organization can claim any rights to these assets for transactions or use them as collateral, even in the event of default by the NTC platform.

This framework establishes an unbreakable legal framework wherein only NTC-$ holders have the authority to redeem their respective $Shield assets.

The tamper-proof smart contract process strictly adheres to this rule,

and no exceptions can be made, regardless of any limitations.

This is.

THE DECENTRALIZED POSSESSION SMART CONTRACT

$Shield assets possess assured values that appreciate over time due to the following reasons:

  • The valueof $Shield is not dependent on time value.
  • The value of $Shield increases with volatility through high demand for new issuances.
  • The value of $Shield remains stable even during times of low volatility.

This is made possible by creating permanent reserves with each new issuance of NTC-$.

D)   Introducing $SHIELD: A Revolutionary Service

D.1.        Protection against market volatility with immediate guaranteed availability

Source : investopedia.com  

$SHIELD is a distinctive service designed to offer immediate protection against market and NTC-$ volatility. It guarantees a US Dollar exchange rate that never decreases. Here are some key features of $SHIELD:

Stability Against Fluctuation: Unlike most altcoin markets, the exchange rate of $SHIELD with the US dollar either remains stable or increases. This is due to its PERC (Progressive floor Exchange Rate Currency) feature. The PERC mechanism of $SHIELD generates improved exchange rates based on various factors, including demand intensity and market volatility.

Wrapped US Dollar (WUSD): The exchange rate between $SHIELD and USDC (US Dollar Coin) is always equal to or greater than $1. This is achieved by locking up US Dollar Coins into a smart contract registered on the Ethereum Blockchain.

Secure Smart Contract Process: The assets of $SHIELD remain independent of the sustainability of the NTC platform, thanks to the Decentralized Possession Smart Contract process. This process ensures complete security for the autonomous $SHIELD assets denominated in USDC.

Secure NTC-$ Currency: Only NTC-$ holders can initiate NTC-$:USDC exchange trades at the latest published $Shield exchange rate. This guarantees that the rights of NTC-$ holders over $SHIELD assets remain unaffected by changing regulations, political shifts, management decisions, or any other factor.

In summary, $SHIELD provides guaranteed protection against market volatility and ensures that its assets are secure amid changing market conditions.

D.2.         NTC-$ issuances remain independent of market volatility.

 

  • The demand for the $Shield guarantee drives new NTC-$ issuances,
  • While the need to arbitrate gains and pursue new investment opportunities leads to exchanges on the secondary market or to the destruction of NTC-$ tokens in exchange for USDC (US Dollar Coins) $Shield counterparts.

Remember:

The security of $Shield assets is completely independent of the sustainability of the NTC Platform, thanks to the autonomous instant exchange process between NTC-$ and USDC (US Dollar Coins) at the last published $Shield’s guaranteed rate.

Our innovative “Decentralized Possession Smart Contract” process ensures the utmost security for the autonomous $Shield assets, which are denominated in USDC (US Dollar Coins).

Only NTC-$ holders have the authority to initiate an NTC-$ to USDC exchange trade order at the latest published $Shield exchange rate.

As a result, the NTC-$ holders’ rights over $Shield USDC assets remain unaffected by market conditions, changing regulations, political shifts, management decisions, or any other factors that may arise.

D.3.    The $Shield remains independent of the count of NTC-$.

The Stability of the $Shield Exchange Rate process

The Shield exchange rate remains stable or increases, irrespective of the number of NTC− tokens in circulation. During periods of increased NTC-$ tokens circulation, the value of the $Shield exchange rate may rise. However, this increase is not correlated with the token count. Similarly, even during phases of decreased token circulation, the $Shield exchange rate may continue to rise.

There is no impact of the count of Tokens Circulation on $Shield exchange rate.

The Need for $SHIELD Innovation

Volatile cryptocurrencies often become vulnerable when their market capitalization drops significantly. This is where the $SHIELD innovation offered by the NTC platform becomes crucial.

Benefits of $Shields

  • Robustness: Shields provide exceptional robustness and definitive “stop−loss” protection for the NTC−$ market value at the last issued $Shield exchange rate value, eliminating any uncertainty.
  • Leveraging Volatility: The NTC-$ cryptocurrency turns volatility, which can be detrimental to altcoins, into opportunities for new issuances, thereby creating value for $Shield.

Guarantee for Exchange Requests

Redemption requests made by NTC-$ holders for their $Shield collateral (i.e., US Dollar Coins) will always be fulfilled. This guarantee is due to a permanently controlled balance:

  • The number of NTC-$ tokens in circulation multiplied by the value of the last posted $Shield

IS ALWAYS EQUAL TO

  • The real-time amount of USDC (US Dollar Coins) balance as segregated collateral.

This ensures a stable and reliable Progressive floor Exchange Rate Currency (PERC) process for all NTC-$ holders.

E)     A TRUE INNOVATION: the KYS (Know Your Shield)

To better understand the value of the new tools provided by the NTC platform, let’s consider a straightforward example of arbitrage between a volatile cryptocurrency and a stablecoin and analyze the step-by-step provision of these new tools: Shield, PERC (Progressive floor Exchange Rate), and NTC-Currency.

 

 

  • SPX (Yellow top) is a measurement of the performance of large-cap stocks.
  • NDX (Yellow) measures the performance of 100 of the largest non-financial companies listed on the exchange; most of them are involved in technology.

Prices of each rising and falling with each other—although:
Bitcoin (Blue) demonstrates much more volatility.

 

The volatility of Bitcoin and altcoins is well-known and acknowledged. This leads to the question of whether one should enter these markets or exercise caution.

To address this concern, it is important to have tools that can:

  • 1.Assess the maximum risk associated with your positions: These tools should help evaluate the potential downside and determine the level of risk involved in your investments.
  • 2. Assess the maximum risk associated with your positions: These tools should help evaluate the potential downside and determine the level of risk involved in your investments.

By utilizing such tools, you can make more informed decisions and better manage the risks associated with investing in volatile markets like Bitcoin and altcoins.

 

The first solution for operators, since the emergence of “stable coins,” is to protect themselves from significant fluctuations by selling their bitcoins for stable coins. While this approach may result in missing out on potentially larger gains, over time operators will realize the importance of staying true to their objectives.

 

 

In the specific case presented, the Bitcoin market fluctuations are shown in red, while the operator’s successive positions are shown in blue:

  • 1 The operator buys Bitcoins.
  • 2 The operator exchanges Bitcoins for a stablecoins (e.g., USDC).
  • 3 The operator renews his position by exchanging USDC for Bitcoins.

The gain depicted on the graph is significant compared to the previous scenario, primarily due to the operator avoiding most of the Bitcoin’s downturn.

 

The NTC Platform’s PERC (Progressive floor Exchange Rate Currency) innovation, as depicted in the graph, involves enhancing arbitrage conducted with a stable coin by improving the exchange rate versus the US dollar through the secure $Shield.

  • Replacing the stable coin, $Shield acts as an unalterable floor ensuring stability.
  • PERC, being a Progressive floor Exchange Rate Currency, enhances this tamper-proof floor in comparison to stable coins.

The significance of the KYS (Know Your Shield) service cannot be overstated
as it serves as a valuable and necessary tool for operators
to structure and guide their investment plans

Through KYS, operators can continually evaluate their risks and profit objectives as it provides constantly updated information on the Shield.New operators will quickly learn the importance of remaining devoted to their objectives.

 

A TRUE INNOVATION: the KYS (Know Your Shield)

Arbitrage gains (see graph) are not always positive when compared to the ongoing performance of abandoned support. However, the PERC innovation and the NTC-$ volatility can improve the arbitrage previously conducted with stablecoins by enhancing the NTC-Currency exchange rate against the US dollar.

The KYS (Know Your Shield) is an essential tool for arbitraging against excessive market volatility without locking positions with stablecoins. It assesses the residual risk compared to stablecoins.

The KYS  innovation highlights this feature and urges traders to to consider the market quotation of the NTC-Currency.

While there may be missed opportunities for significant gains for those who choose to abandon their initial positions, good traders understand the importance of remaining dedicated to their goals.

The PERC-provided $Shield ensures an improving guaranteed floor for the NTC-$:USDC exchange rate and moreover NTC-$ Currency benefits from market volatility and demand.

NTC-Currencies have their own volatility,
and they naturally find their place in a portfolio’s risk allocation.

The KYS is a permanent, invaluable, and up-to-date publication on the NTC platform website.

It is an instrument that enables intervention in the secondary market while providing certainty about the associated trading risk. Regardless of the purchase price, the Shield’s impenetrable floor allows for instantaneous risk assessment. Additionally, PERC strengthens any position in NTC-$ currency throughout the duration of holding the currency.

F)     A Counter-intuitive protection

The creation of the NTC-$ project aimed to address two critical needs:

  1. One being to provide users of the NTC-$ cryptocurrency token with a means to evaluate the risk of depreciation risk against a recognized collateral, the USDC (US Dollar Coins).
  2. Another objective was to offer users of the NTC-$ cryptocurrency with the prospect of  of increasing  exchange rate value against the USDC.

Achieving these goals required the NTC platform to implement a cryptocurrency project that challenges the  conventional standards of traditional financial market practices:

  1. In contrast to traditional options, the $Shield exchange rate benefits over time, primarily due to market volatility.
  2. In contrast to volatile or stable cryptocurrencies that are structurally vulnerable to significant drops in capitalization:
  3. The NTC-$ offers exceptional robustness, thanks to its definitive stop-loss protection at the last published $Shield exchange rate value.
  4. Furthermore, the NTC-$ cryptocurrency capitalizes on volatility as an opportunity to generate new issuances and enhance the exchange rate value of the $Shield.

This innovative approach provides a unique opportunity for operators seeking:

a novel and beneficial approach

to protect & improve their investment.

G)   Redemption: NTC-$:USDC (US Dollar Coins)

The exchange process has become a major concern due to the credibility loss of some stablecoins. To address this issue, the NTC platform enables at any time NTC-$ holders to exchange of all or part of their NTC-$ assets for USDC at the last published $Shield rate.

When an NTC-$ holder utilizes the $Shield for a USDC exchange, the NTC platform remains independent of the transaction, which is solely administered by the decentralized possession smart contract. NTC-$ holders will receive the redeemed USDC directly in their wallets.

Additionally,

The redemption of the NTC-$ by activating the $Shield 

will result in the destruction of

the corresponding tokens

Therefore, regardless of the circumstances of:

  • New issuances of NTC-$ tokens to meet demand for $Shield protection,
  • Destruction of NTC-$ tokens when $Shield collateral (USDC) is redeemed,

 

H)   NTC-$ features HIGHLIGHTs

NTC-$ tokens are issued by the NTC platform.

  • A critical feature of NTC-$ is its ability to participate in the world’s largest token community by being built on the Ethereum blockchain. By utilizing this network, NTC-$ is well-positioned to garner significant interest, participation, and growth in the crypto space.
  • NTC-$ can be sent or received by anyone holding an Ethereum wallet. All transactions operate under the rules of a smart contract on the Ethereum platform following the ERC-20 protocol.
  • Thanks to this smart contract, transactions are free from human error, ensuring that the system works according to the program.
  • NTC-$ is available 24/7 to enable the settlement of any asset type, including crypto, security and asset tokens or for payments.
  • Redemption of NTC-$ tokens at the last guaranteed published exchange rate of the $Shield, is carried out directly without any intermediary. This allows for more efficient operations, including very short repayment windows without any fees.

NTC-$ has several attractive features. Here are some of its main highlights:

  1. Risk assessment: With NTC-$, users can assess the risk of their investment against the recognized collateral, USDC (US Dollar Coins).
  2. Positive exchange rate prospect: NTC-$ offers users the prospect of a positive exchange rate with USDC, providing additional value to holders.
  3. $Shield protection: The $Shield protection is the latest value published during the more recent NTC-$ issuance, guaranteeing greater stability and confidence in the currency.
  4. Counter-intuitive protection: Unlike traditional options whose time value decreases, the $Shield exchange rate benefits over time, primarily due to market volatility.
  5. Redemption process: At any point, NTC-$ holders can exchange of all or part of their NTC-$ assets for USDC at the latest published $Shield rate.
  6. Independence and decentralization: The NTC platform remains independent of the redemption process, which is administered exclusively by a decentralized possession smart contract.
  7. Tokens destruction: Any redemption, through the $Shield rate, triggers an immediate USDC counterpart toward the holder and causes NTC-$ tokens destruction.
  8. Progressive floor Exchange Rate Currency: The $Shield provides a floor Dollar exchange rate that progressively improves over time, thanks to factors such as market volatility, market demand for NTC-$, and demand for the future NTC Platform products and services.

I)       Get Ahead as an Early Bird: Join the NTC-$ Launch

Early birds likely “Progressive floor Exchange Rate Currency evolution”

NTC-$ Launch: Join the NTC-$ launch now and become an Early Bird to seize the exclusive benefits offered by PERC (Progressive Floor Exchange Rate Currency).

As an Early Bird, you will enjoy a highly advantageous process that offers the guaranteed $Shield exchange rate to the US Dollar undergoing rapid growth. This will provide you with substantial financial advantages.

By participating early, you optimize your position thanks an enhanced guarantee.

Don’t miss out on this opportunity.

Phase 1 & Phase 2: Following the successful launch of Phase 1, Phase 2 will follow, providing significant increases in the guaranteed exchange rate for Phase 1 participants. The $Shield for Phase 1 participants has the potential to enhance the NTC-$ exchange rate up to $1.30.

Failure of Phase 1: While the failure of Phase 1 is considered highly unlikely, it would be determined if the cumulative sums proposed for the purchase of NTC-$ remain below $1.5 million within 6 months of launch. In the event of Phase 1 failure, investors will be reimbursed up to the amounts deposited with costs deducted, which should not exceed 10%.

J)      Targets

The quantitative objectives of the NTC-$ issuances are founded upon the aspirations outlined in this document, with a dual focus:

  1. Establishing safeguarded assets that offer simultaneous benefits:
    -> Benefiting from a favorable market valuation.
    -> Ensuring a continuous increase in guarantees.
  2. Facilitating access to evolving products and services via the NTC Platform, enabling users to take advantage of the latest developments.

Historical data from token launches in the digital market reveals that digital assets created in response to strong demand for innovation, particularly those related to digital asset security, often surpass the $1 billion mark within a year. Simulations, which consider historical market volatility, indicate that issuing 3,700,000 tokens would result in a collateral amount of USDC 1.06 billion, with a guaranteed exchange rate of $(USDC)2.80. 

K)    Glossary

NTC* = New Technology Coin.

NTC-Platform*= Digital Services and Products for the benefit of NTC-Currencies owners.

NTC-Currencies*= Currencies issued by the NTC-Platform.

NTC-$*= Dollar or USDC collateralized currency issued by the NTC platform.

NTC-x*= Collateralized currency issued by the NTC platform.

Shield*= Financial tamper proof safe.

$Shield*= Dollar collateralized Tamper proof safe.

xShield*=Collateralized Tamper proof safe.

PERC*=Progressive Exchange Rate Currency.

NTC PERC*=Progressive floor Exchange Rate Currency.

KYS*=Know Your Shield at all times = Be always aware of your shield’s tamper proof safe.

Decentralized Possession Smart Contract*= Unbreakable right to assets through a self-executing contract.

Wrapped US Dollar (WUSD)= an ERC-20 token that is pegged to the US dollar.

ERC20=a technical standard for fungible tokens on the Ethereum blockchain.

Blockchain=distributed database that is shared among the nodes of a computer network

* Registered trademark