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TRANSPARENCY REPORT ON THE USE OF FUNDS
Date: 21/02/2025
Project: SENIOR Crypto – The first solidarity cryptocurrency dedicated to senior residences
Blockchain: Solana
- Introduction
SENIOR Crypto is an innovative project aimed at financing the construction of accessible residences for elderly individuals in precarious situations through blockchain technology.
In the interest of transparency and commitment to our investors and partners, we detail here the allocation of funds raised during the presale and subsequent phases of the project.
- Allocation of Collected Funds
The funds raised through SENIOR Crypto are strategically distributed to ensure the stability of the token and effectively finance the solidarity real estate project.
- 50% – Investment in Senior Real Estate Projects
The funds will be directly reinvested in the construction and renovation of accessible senior residences for the most vulnerable elderly individuals.
This includes:- Purchase of land and partnerships with developers.
- Construction of secure and adapted housing for seniors. Individual housing units with shared common spaces and facilities tailored to meet the needs of elderly individuals.
- Integration of intergenerational and inclusive spaces.
- 35% – Token Liquidity and Market Stability:
To ensure healthy growth and low volatility, we have allocated a significant portion of the funds to:- The creation of a liquidity pool on Raydium (Solana DEX).
- A price stabilization mechanism to avoid excessive fluctuations.
- Gradual addition of liquidity on other platforms.
- A token burn system based on the progress of the solidarity project.
- 15% – Development, Marketing, and Partnerships
A portion of the funds is dedicated to:- Marketing & communication: Social media campaigns, collaborations with influencers and crypto media.
- Technological development: Optimization of the smart contract, security audit.
- Operational expenses: Team, partnerships with real estate sector companies.
- Securing Funds and Transparency
- Security:
By using the platform tools.smithii.io, we guarantee the security of transactions so that all investors can recover their tokens after the presale.
Following the presale, the injection of liquidity will allow different users to manage their tokens through the Raydium platform. - Transparency:
Quarterly updates will be published with progress reports on the use of funds.
Major transactions will be published on our website and Telegram.
- Key Next Steps Based on the Progress of the Presale
- Launch of the first real estate phase
- Strengthening liquidity and expansion to other DEXs
- Smart contract audit & listing on CEX (KuCoin, Gate.io)
- Development of a staking program for investors
We are committed to rigorously following these objectives and providing total transparency to our community.
Follow our updates on:
- Website: www.seniorcrypto.eu
- Twitter: @SeniorCrypto
- Telegram: @SENIORCRYPTO
Conclusion
SENIOR Crypto is not just a cryptocurrency; it is a forward-looking project that combines finance with real social impact. Through our transparent and responsible management, we ensure optimal use of funds to build accessible and innovative senior residences.
Investing in SENIOR Crypto means investing in a supportive future.