Sabacini

Whitepaper

SabaciniCoin (SBCICN) is a utility token for the Sabacini community and physical event hub in the Mediterranean.

We are raising funds through ICO Round 1 to either purchase a villa (if Hard Cap is reached) or rent it for one year (if Soft Cap is reached). If the Soft Cap is not reached, all funds will be refunded to investors.

After the hub launches, we plan ICO Round 2 for scaling (second location/upgrades), with all operational revenue and remaining funds accumulated in the operational wallet.

Technical Details

Security & On-Chain Parameters

SabaciniCoin is designed with security and transparency as core principles:

No Minting

Fixed emission with no additional issuance capability. The total supply is permanently capped.

No Pause or Blacklist

The contract has no pause functionality or blacklist mechanisms. Transfers cannot be blocked or restricted by any centralized authority.

Transfer Fees: 0.06% Total

  • •0.01% — Rewards Pool (micro-refill for future airdrops)
  • •0.03% — Investment Pool
  • •0.02% — Marketing
  • •0% — Burn (can be enabled/disabled by DAO/multisig if needed)

Anti-Whale Protection

Transaction size limit maxTxAmount is currently set to 10% of total supply (may be reduced to 5% before TGE). This prevents large single transactions that could manipulate the market.

Multisig Governance

The treasury and contract parameters are controlled by a Safe (Gnosis Safe) multisig wallet. Any changes to fees, limits, or parameters require approval from multiple signers, ensuring no single point of failure.

All contract parameters are publicly visible on-chain. The verified source code can be audited at any time on BscScan.

Business Model & ICO Round 1

The success of ICO Round 1 determines the project's initial path forward. We have three clearly defined scenarios:

Hard Cap Reached ($1M USDT)

✓ Buy Villa

If we raise the full Hard Cap of $1,000,000 USDT, we purchase the villa outright. The property becomes a permanent asset of the DAO, and the hub begins operations as a community-owned space.

Soft Cap Reached ($350K USDT)

⚡ Rent Villa

If we reach the Soft Cap of $350,000 USDT (but not the Hard Cap), we rent the villa for a 12-month lease. This allows us to launch operations, prove the concept, and prepare for ICO Round 2 to eventually purchase or expand.

Soft Cap Not Reached

↩ Refund

If we fail to reach the Soft Cap, all USDT/BNB raised will be returned to investors. The project will be postponed until new favorable conditions emerge.

Revenue Model

Once the hub is operational, revenue streams include:

  • •Event hosting fees (workshops, conferences, meetups)
  • •Co-living and accommodation rentals
  • •Merchandise and branded products
  • •Strategic partnerships and sponsorships

All operational revenue flows into the operational wallet. A portion is allocated to ongoing development, reserves, and community-approved initiatives such as token buybacks, liquidity pools, or funding for new locations.

DAO Governance (Practical Model)

The token contract includes a simple framework for proposals and voting, but fund movements are executed only by the multisig. This is a deliberate design choice.

How it Works

  1. Community discussion in the DAO forum or channels
  2. Proposal creation on-chain by token holders
  3. Voting period where token holders vote proportionally to their holdings
  4. Multisig signers confirm and execute approved proposals
  5. Transaction executed from the Safe multisig wallet

Why This Model?

This hybrid approach balances decentralized community input with the practical requirements of managing real-world assets:

  • •On-chain signaling: Transparent community voting visible to everyone
  • •Multisig execution: Legal compliance, security, and accountability when handling property, contracts, and fiat interactions
  • •No single point of failure: Multiple signers required for any treasury action

Over time, as the ecosystem matures and legal frameworks evolve, governance can transition toward more decentralized structures. The current model prioritizes security and legal compliance while maintaining community participation.

Project Roadmap

High-level timeline for project development and key milestones:

Q1–Q2 2026

ICO Round 1 & Launch

  • •Public ICO Round 1 (Soft Cap: $350K, Hard Cap: $1M)
  • •Ambassador airdrops and early supporter rewards
  • •Logo and metadata listing in major wallets
Post-ICO1

Villa Acquisition

  • •Purchase villa (Hard Cap) or secure 1-year rental (Soft Cap)
  • •Launch the event hub with operational activities
Q3 2026

Operations & Community

  • •Regular events, workshops, and co-living programs
  • •Strategic partnerships with local businesses
  • •DAO reporting and transparent governance
  • •Begin preparation for ICO Round 2
2027+

ICO Round 2 & Scaling

  • •ICO Round 2 for expansion funding
  • •Scale to second location (if Hard Cap+) or infrastructure upgrades (if Soft Cap+)
  • •Expand network of community hubs
  • •Explore RWA (Real World Asset) integrations

For a detailed visual roadmap, visit our Project Roadmap page.

Risks & Compliance

Market & Price Volatility

Token prices are highly volatile and influenced by market sentiment, liquidity, and external factors. Investors should be prepared for significant price fluctuations.

Regulatory Uncertainty

Legal frameworks for cryptocurrencies vary by jurisdiction and are subject to change. Token holders should understand the regulations applicable to their country.

Smart Contract Security

While we use industry-standard practices and verified contracts, smart contracts carry inherent risks. The contract source code is public and auditable on BscScan for community review.

Our Approach

  • •Multisig treasury for security and accountability
  • •No centralized "kill switches" or pause mechanisms
  • •Publicly verifiable contract parameters
  • •Transparent reporting and community governance

⚠️ Important Disclaimer

Do Your Own Research (DYOR). Nothing in this whitepaper constitutes financial advice, investment advice, or a recommendation to buy or sell tokens. Participation in the ICO and holding SBCICN tokens involves significant risk. Only invest what you can afford to lose.

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