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Nitrous Coin (NTC) · The plain-English version

SIMPLIFIED

The whitepaper, stripped to what matters: what NTC is, what happens at each stage, why it happens then — and why the blockchain launch is timed for UK advertising.

Ticker
NTC
Network
Base (Ethereum L2)
Standard
ERC-20
Fixed supply
750,000,000
On-chain deploy
End of Stage 3
Mintable after
No

NTC in one paragraph

NTC is the in-game credit of the Nitrous Coin platform — it pays for skill-based arcade games, scratch cards and prize-competition entries. During Stages 1–2 it is a closed-loop credit held 1:1 on our ledger and is not transferable off-platform. At the end of Stage 3 the NTC ERC-20 token deploys to Base and every balance migrates to on-chain tokens 1:1. NTC is not a security, not an investment, and not exchangeable for cash at a fixed rate.

The three stages — what happens & why

● Stage 1 · Live now

Foundation & closed-loop credit

£0.006 / NTC · 100,000,000 offered

What Buy NTC as in-platform credit. Balances accrue on a 1:1 ledger; live gameplay surfaces are still gated.

Why now Fund the build and stand up the full UK compliance framework before anything tradable exists. Keeping Stage 1 a simple closed-loop credit means there is nothing to mis-sell — and the earliest supporters get the lowest entry price.

Stage 2

Gameplay switches on

£0.008 / NTC · 75,000,000 offered

What Scratch cards, instant-win games and leaderboards unlock. NTC becomes spendable on real play.

Why now The product goes live once the platform base is funded and tested. The price steps up because buyers are now getting a working, playable product — not just a reservation.

Stage 3

Blockchain launch & full platform

£0.016 / NTC · 50,000,000 offered

What The ERC-20 contract deploys to Base; balances migrate on-chain 1:1; DEX liquidity is seeded; Web3 transfer turns on; prize competitions, Pool Night, bingo, poker and multiplayer open; the public chain-watcher activates.

Why now The token only goes on-chain after 18+ age verification, the appropriateness risk check, the skill-question gate, the free-entry route, weekly spend caps and a third-party smart-contract audit are all live. Everything that makes NTC safe and transparent exists first; the chain comes last.

Founder lock. 187,500,000 NTC (25% of supply) is split equally between the three founders and locked for 24 months by an immutable on-chain lock from the Stage-3 deploy — no early release. It signals long-term commitment and prevents any founder dump at launch.

“Where do the sale tokens come from — does the sale add new supply?”

No new tokens are ever created. The 225,000,000 NTC sold across the three stages is taken out of the 337,500,000 Treasury — the same tokens simply change hands as they sell. The total supply stays fixed at 750,000,000 the whole time. Once the sale is fully sold, it all adds up as:

Purchaser tokens and Treasury tokens are never counted twice — the unsold part of the 225M just sits inside the Treasury until it sells.

What about the 250,000,000 “redemption cap”? That’s an operational ceiling on redemption/migration — not a sale allocation — set above the 225M on purpose to leave room for the things that are also redeemable but aren’t “for sale”: the 5M airdrop, purchase bonuses (promo codes) and in-game-earned NTC. All of it still comes from the fixed 750M supply, so it’s a safety bound, never extra tokens.

Why blockchain — and why the on-chain launch comes last (the UK advertising reason)

In the UK, how you can advertise depends on what you are actually selling. A freely tradable on-chain token can be treated as a financial promotion (FCA territory); a pay-to-win chip can be treated as gambling. Nitrous Coin is deliberately structured to be neither — and the staged rollout is what keeps every advertising claim defensible.

“So how does the token go up — if and when it hits the blockchain?”

It comes down to a fixed supply meeting rising demand, with a float that keeps shrinking. These mechanics are designed to support the price once NTC is live on Base — they are not a promise of profit (see the risk note below):

Risk warning.

NTC is utility credit, not an investment. You could lose the full amount paid if the platform fails or the eventual on-chain price falls below your purchase price. NTC is not protected by the FSCS and the platform is not regulated by the FCA. Nothing here is financial, legal or investment advice. 18+ only. Do not pay more than you can afford to lose.

Nitrous Coin Ltd · Company № 17176686 · 26 Scotland Way, Leicester LE8 5QZ · United Kingdom.
Simplified summary of the full whitepaper — figures match the canonical document (total supply 750,000,000; Stage 1/2/3 £0.006 / £0.008 / £0.016; founder lock 187,500,000 / 24 months; network Base L2). For the full version see the on-site Whitepaper. Generated 2026-06-01.