SRT Crypto Token – White Paper
Version 1.2
SRT Token Sale – Initial Token Offering (ITO)
KEY POINTS – DIGITAL SRT TOKEN & SRT PHYSICAL SILVER COIN (BACKED BY STERLING SILVER) THAT INCLUDES VOTING RIGHTS IN THE SELLER REPUBLIC ECOSYSTEM (SEE TERMS)
Executive Summary
The SRT Crypto Project is a combined digital and physical asset initiative developed by Seller Republic to raise capital, offer real-world utility, and expand its automated eCommerce ecosystem. It includes the SRT Token—built on Base (Coinbase L2)— and backed by a generous fiat buyback reserve of 50% and the SRT Physical Silver Coin, backed by sterling silver. These physical coins provide exclusive voting rights (minimum 1,000 coins required) within the Seller Republic platform, while the tokens offer utility with up to 20% discount on fiat transactions. The project is designed to position Seller Republic at the forefront of SaaS (Software as a Service) based eCommerce development.
Problem Statement
The SRT Crypto Project addresses key challenges in eCommerce including high payment processing fees, limited community ownership in platforms, and the need for capital to develop advanced SAAS solutions. It also bridges the gap between digital tokens, fiat traditional currency and physical assets with intrinsic value via Sterling Silver. A metal of finite supply, essential for electronics, and a precious metal.
SRT Token Ecosystem
1. SRT Token – Fundraising & Utility
Built on Base (Coinbase Layer 2) with ~2 second transaction time. Note: SRT Tokens provide utility through discounts and staking rewards but do not include voting rights, which are exclusive to holders of 1,000+ physical coins.
Key Details:
- Total Supply: 999 million tokens
- Launch Price: $1 per SRT token
- Blockchain: Base (Coinbase L2)
- Backed Reserves: Every 999 tokens bought with fiat results in 1 physical silver coin held in reserve
Utility:
- 20% discount at SellerRepublic.com
- 20% discount at VibrantHealth.xyz
- 5–15% discount at participating retailers
- Use in WooCommerce & Shopify
2. SRT Physical Silver Coin
111g of 92.5% sterling silver
- Price: $999 (includes 999 SRT tokens)
- Limited Edition: 10,000 coins
- Not redeemable using tokens
- Grants 1 vote per coin (minimum 1,000 for governance)
- Secure shipping or storage at the Seller Republic vault
Fund Allocation
- 50% – Buy Back
- 10% – Physical Silver Coin Production
- 40% – General Operations: SAAS, marketing, liquidity, compliance
Peg & Coin Production Policy
- Every 999 tokens purchased with fiat creates 1 silver coin held in reserve
- SRT physical coins sold for $999 include 999 SRT tokens
- Ensures peg of 999 SRT = 1 silver coin
How Fund Allocation Affects Value
- 50% Buyback – supports price floor by reducing supply
- 10% Silver – backs project with tangible asset
- 40% Ops – funds real utility development
Governance Structure
Governance is community-driven through token-based voting using a transparent portal. Only holders of 1,000+ physical silver coins qualify.
- Each coin = 1 vote
- Proposals require coin-holder thresholds
- Quarterly roadmap calls
Technical Implementation
Smart Contracts
- Audited before launch
- Handles staking, wallet discounts, and escrow
QR System
- Each coin has a unique QR code linked to the blockchain
- Used for verification, resale, and governance eligibility
eCommerce Integration
- WooCommerce: 3.9M+ stores
- Shopify: 1.75M+ merchants
- Stripe: 3.3M+ websites
Market Impact
Combining these platforms gives access to ~35–40% of global eCommerce traffic, supporting rapid SRT adoption and network effect growth.
Project Roadmap
- Token launch on Base
- Coin minting & distribution
- Merchant integrations
- DEX listing
- Staking rollout
- DAO launch for coin holders
Staking Program
| Lock Period | Reward Rate (APY) | Early Unstake Penalty (21 days) |
|---|---|---|
| 30 days | 8% | 50% |
| 90 days | 12% | 25% |
| 180 days | 16% | 15% |
| 365 days | 20% | 10% |
Future Chain Expansion
- Initial chain: Base
- Bridge to Polygon, Arbitrum, Ethereum
- Supply cap never exceeds 999 million
Appendix – Crypto Definitions
Token
A cryptocurrency built on another blockchain (e.g., ERC-20 on Ethereum). No native chain.
Physical Coin
Minted silver object with QR code and linked to 999 SRT tokens. Grants governance rights.
Coin
A native-chain cryptocurrency (e.g., BTC, ETH) with its own blockchain.
Contact
Website: SellerRepublic.com
Token Sale: www.SellerRepublic.com/coin
Email: coin@sellerrepublic.com
Twitter: @SellerRepublic