r/Bucketheads White Paper
Version 1.0
Date: January 1, 2025
Abstract
r/Bucketheads, the vibrant community of dreamers, creators, and cleanup crusaders, presents $BUCKET, a token that rewards users for environmental action, engagement, and community contributions. This white paper outlines the origins, goals, and mechanics of $BUCKET, ensuring both sustainability and entertainment remain at the core of our ecosystem.
Introduction
r/Bucketheads isn’t just another subreddit; it’s a movement. What started as a niche space to celebrate clever ideas (and literal buckets) has grown into a hub for impact-driven change. At its heart lies $BUCKET, the token that gamifies doing good, from cleaning the planet to engaging in creative conversations.
With $BUCKET, we’re proving that fun and altruism can go hand in hand. Whether you’re tackling littered trails, brainstorming bucket innovations, or moderating the madness, every contribution counts—and pays!
The Mission
The r/Bucketheads ecosystem revolves around three pillars:
1. Planet First:
Empowering environmental cleanup and conservation efforts through rewards.
2. Community Driven: Encouraging active participation in the subreddit and beyond.
3. Sustainable Fun: Ensuring users are engaged through gamification and friendly competition.
By leveraging $BUCKET, we aim to make doing good easy, rewarding, and fun.
Tokenomics
$BUCKET Supply
• Total Supply:
848 Million $BUCKET
• Initial Minting Event allocated to community members who help specific Reddit avatars (NFTs).
• Bucket Cleanup Fund (BCF): 30% reserved for incentivizing environmental cleanups.
• Community Pool: 35% for subreddit engagement rewards and collaborative projects.
• Development & Moderation Reserve: 10% for maintaining and improving the ecosystem.
Original Allocation:
• Launch Airdrop: 46% (390,080,000)
• LP Staking Rewards: 20% (169,600,000)
• Future Airdrops: 9.8% (83,104,000)
• Total Mined Rewards - Prelaunch: 6.8% (57,664,000)
• Mining Rewards: 6.3% (53,424,000) • Treasury: 6.1% (51,728,000)
Amended for the FBFG Initiative (Adjusted from Treasury):
• Launch Airdrop: 46% (390,080,000)
• LP Staking Rewards: 20% (169,600,000)
• Future Airdrops: 9.8% (83,104,000)
• Total Mined Rewards - Prelaunch: 6.8% (57,664,000)
• Mining Rewards: 6.3% (53,424,000)
• Treasury: 5.86% (49,728,000) (adjusted from 6.1% / 51,728,000)
• FillingBucketsForGood: 0.177% (1,500,000) (taken from Treasury allocation)
Earning $BUCKET
1. Filling Buckets for Good Initiative (FBFG):
• Earn .69 USD $BUCKET for each post that meets the FBFG ethos and is documented under the FillingBucketForGood flair.
2. Community Engagement:
• Posting, commenting, and participating in events grants users $BUCKET rewards based on quality and impact.
3. Innovations and Memes:
• Invent a bucket-related gadget? Share a viral bucket meme? Creative contributions = $BUCKET!
Spending $BUCKET
1. Environmental Impact Donations:
Donate $BUCKET to support verified conservation projects worldwide.
2. Raffles and Auctions:
Enter raffles for epic rewards, like custom buckets or exclusive experiences.
3. Governance:
Holders of specific Reddit avatars gain voting rights to shape the future of r/Bucketheads, from token adjustments to subreddit rules.
Roadmap
Phase 1: Launched on June 8th also know as Cone day.
• Initial $BUCKET minting and subreddit integration.
• Kickoff FBFG cleanup campaigns.
Phase 2: Expansion
• Launch $BUCKET marketplace for merchandise and NFTs.
• Integrate $BUCKET with broader environmental initiatives.
Phase 3: Gamification
• Develop mobile app for tracking cleanups and earning $BUCKET.
• Introduce leaderboard and achievement systems.
Phase 4: Beyond Buckets
• Explore partnerships with like-minded communities
• Introduce cross-platform utility for $BUCKET.
Governance
The BucketDAO ensures decentralized decision-making. Every $BUCKET holder has a say in:
• Allocation of cleanup funds.
• Subreddit initiatives and contests.
• Future token developments.
Proposals are submitted via the subreddit, with voting conducted from specific Reddit avatars (NFTs).
Security and Sustainability
r/Bucketheads takes sustainability seriously. The token operates on an energy-efficient blockchain, ensuring our environmental impact remains positive. In addition, smart contracts are audited to guarantee transparency and trustworthiness. Our smart contract was pre-audited through 0xmacro and launched by Rick Ribera, the head of the RCC team, to guarantee transparency and trustworthiness.
Conclusion
$BUCKET isn’t just a token—it’s a lifestyle. It’s the glue (or perhaps the bucket) that binds us together as we tackle real-world problems, foster creativity, and have a blast along the way. Join the r/Bucketheads revolution and make every bucket count!
Disclaimers: This white paper is for informational purposes only and does not constitute financial advice. Participate responsibly!