Community Is Your Alpha

Surviving in crypto over multiple cycles comes down to the social circles that one is part of. Being part of the right social circle can be life-changing, in terms of deals, investment ideas, or product incubation. For many entrants and participants in the industry, it is difficult to be able to join these exclusive communities. Coffee Club aims to democratize access to life-changing communities where immense opportunities may sprout.

The Dawn of Web3: Applications That Enable The Creation and Transfer of Tokens with Social Value

The next wave in consumer applications is SocialFi, where social consumer and content applications will shift massively as cryptocurrencies are integrated into social use cases. Cryptocurrency enables an entirely new Internet layer: the permissionless transfer, creation and trading of value. Prior to cryptocurrency, there was no means of a permissionless transfer of value on the web. The applications that will rise from this new platform of decentralized creation and transfer of value will be those that create and establish social value and social utility for tokens.

How Coffee Club Works

Coffee Club aims to operate in this sector by creating a Web3 social application that assigns social value and utility to creator tokens. In Coffee Club, anyone that joins the service will be assigned a unique cryptocurrency token which will have the utility by serving as a membership access pass to join a private Telegram group. Similar to a country club membership or a private members-only social club, these tokens give the creators’ friends a private place to communicate and collaborate with friends.

Unlike other cryptocurrency communities, the Coffee Club creators must personally accept new users into their private Telegram groups. Because the groups are private and based on acceptance, this creates exclusive groups of friends where the context of conversations can be focused, the social graphs of people in these groups can be very like minded and close, and prevents spam and other malicious content from being shared.

In order to foster real and valuable communities, the creator inside Coffee Club gets unlimited invitations to send to their friends, so they can join their private groups for free without buying a pass.

The owner of the club will earn 6% of all purchases of membership passes, and 4% of all sales. The platform will take 4% of all buys and sells. If a user refers another user to the platform, they will earn 1% of all buys and sells, and the platform fee will be reduced to 3%. The bonding curve follows the formula = x² / 10000.

A Web3 Adoption Thesis: Web3 Will Be About Streamlining UX

Coffee Club’s thesis is the main product hurdle for successful Web3 applications and use cases is to streamline as much of the trading experience, utility of tokens, and social value all into one seamless application or UX.

Therefore, all of the private groups inside Coffee Club live and exist on Telegram. The Coffee Club web application is simply the interface to trade and discover tokens, and manage entry into the private clubs.

Since Telegram is one of the predominant means of communication amongst cryptocurrency traders, Coffee Club created token-gated private clubs for this messaging platform. Integram with other messaging apps in the future may be possible.

Democratizing Access to Good Communities

Prior to Coffee Club, it might be very difficult for a person that’s new to crypto to find their way into high alpha clubs. But, Coffee Club provides a tool and a way for them to grow into the right alpha networks. New people to crypto can apply to be in some of the best clubs on Coffee Club and prove their value.

Some of the communities on Coffee Club will be very hard to get into and may have a very high token value, while others will be less exclusive and more accessible. It will vary greatly depending on the community members that are in the club. The liquid and free market will assign the value of the tokens, and creators are free to creatively use Coffee Club as a product platform to create their own private clubs.

Tokenomics

1,000,000,000 Total Supply

Uniswap — 15%, unlocked at Token Generation Event (TGE)

CNFT Airdrop — 15% — 1/9 upfront, linear vesting over 9 months

Foundation — 50% linear vesting over 24 months

Team — 5% linear vesting over 24 months

Liquidity & Market Making — 15% unlocked at TGE

$COFFEE token contract on ETH mainnet

0xa3B3BEAf9c0a6160a8e47f000C094d34121F1a57