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

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, our smart contract was preaudited 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!