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Whitepaper

Nitrous Coin (NTC) — an ERC-20 utility token on Base. 750,000,000 fixed supply. Sold in three stages. The on-chain contract deploys at the end of Stage 3.

Ticker
NTC
Network
Base (L2)
Standard
ERC-20
Max supply
750,000,000
Mintable
No (post-deploy)
Deploy
End of Stage 3
The simple version
NTC is a closed-loop in-game utility credit during Stages 1–2. The NTC ERC-20 contract is deployed to Base mainnet at the end of Stage 3. Until then, every NTC balance is held off-chain on a 1:1 ledger and is not transferable off-platform.

Contents

  1. What NTC is
  2. Presale Structure
  3. Closed-loop vs on-chain
  4. Utility
  5. Compliance + risk
  6. Token economics
  7. Audit + transparency
  8. Disclaimers

1. What NTC is

NTC is the in-game utility credit of the Nitrous Coin platform. It pays for access to skill-based arcade games, scratch-card plays, and (from Stage 3 onward) prize-competition entries. After Stage 3 deploys, NTC also exists as an ERC-20 utility token on the Base network (Ethereum L2). It is not a security, not an investment product, not a dividend instrument, not a savings product, and not exchangeable for cash at a fixed rate by the operator.

2. Presale Structure

The total supply of 750,000,000 NTC is allocated across four pools:

Allocation% of supplyNTC
Founder — locked 24 months (62.5M each ×3)25%187,500,000
Treasury / Ecosystem (platform + game operations; sale stages drawn from here)45%337,500,000
Withdrawal Liquidity (ring-fenced for user withdrawals)20%150,000,000
Liquidity Pool (DEX market support at launch)10%75,000,000
TOTAL — fixed cap100%750,000,000

The three public sale stages are sold from the Treasury allocation, each priced in GBP (USD equivalent shown), higher than the last:

StagePrice / NTC (GBP / USD)Offered for sale
Stage 1 (live)£0.006 ($0.0075)100,000,000
Stage 2£0.008 ($0.01)75,000,000
Stage 3£0.016 ($0.02)50,000,000
Total offered for sale225,000,000

The 187,500,000 NTC founder allocation (25%) is split equally between the three founders and locked for 24 months by an immutable on-chain lock. A 5,000,000 NTC airdrop reserve is carved from the Treasury for community rewards and sweeps back to Treasury if unused.

Treasury reconciliation — the sale draws from Treasury, it does not add supply

The 225,000,000 NTC offered across the three stages is drawn out of the 337,500,000 Treasury allocation — these are the same tokens changing ownership as they sell, not new tokens minted on top. The total supply therefore stays fixed at 750,000,000 at every point. When the public sale is fully subscribed, the allocations reconcile as:

HolderNTC% of supply
Founders (locked 24 months)187,500,00025%
Public holders (sale fully sold)225,000,00030%
Treasury — remaining after sale (337,500,000 − 225,000,000; includes the 5,000,000 airdrop reserve)112,500,00015%
Withdrawal Liquidity (ring-fenced)150,000,00020%
Liquidity Pool (DEX)75,000,00010%
Total — fixed cap750,000,000100%

Before the sale completes, the as-yet-unsold portion of the 225,000,000 simply remains inside the Treasury balance — so the Treasury figure moves down from 337,500,000 toward 112,500,000 as tokens sell. Purchaser tokens and Treasury-held tokens are never counted twice.

Redemption / migration cap (250,000,000)

The platform configuration carries a redemption cap of 250,000,000 NTC. This is an operational ceiling on how much NTC the redemption / on-chain-migration process will handle — not a sale allocation, and it is intentionally set above the 225,000,000 public-sale figure. The headroom exists because redeemable balances also include items that are not "offered for sale": the 5,000,000 airdrop reserve, purchase bonuses (promotional codes), and NTC earned in-game. Every one of those is still drawn from the fixed 750,000,000 supply (via Treasury), so the cap is a safety bound, never an additional issuance.

The three-tier sale runs over approximately 90 days — about 30 days per tier. A stage may also advance early if its allocation sells through (around 95% sold), whichever comes first. Stage progression is recorded on-platform and (post-Stage 3) on-chain.

Tier prices reflect platform-development phases and are not a forecast or guarantee of future market price.

3. Closed-loop vs on-chain

During Stages 1 and 2, every NTC purchase is recorded as a closed-loop ledger credit on Nitrous Coin's database. There is no on-chain token to receive. Funds are payable to the user's in-platform balance only, with no off-platform transfer.

At the end of Stage 3, the following happens:

4. Utility

NTC is the unit of account inside the platform. At each stage you can spend NTC on:

5. Compliance + risk

UK 18+ age verification, an appropriateness "risk check" assessment, and harm-monitoring controls apply at every stage. The platform operates under UK consumer-protection law. The skill-question gate, free-postal-entry route, and weekly spend caps are mandatory and enforced server-side.

Risk warning. Buying utility credit exposes you to total loss of the amount paid if the platform fails or if the eventual on-chain price falls below your purchase price. NTC is not protected by the Financial Services Compensation Scheme. The platform is not regulated by the FCA. Do not pay more than you can afford to lose.

6. Token economics

7. Audit + transparency

Smart contracts undergo third-party audit before the Stage 3 deploy event. The audit report is published at /transparency and updated quarterly. Daily transparency snapshots (NTC sold, treasury balance, prize-pool balance, refunds, complaints) are published on the same page.

8. Disclaimers

Nothing in this document constitutes financial, legal, tax, or investment advice. NTC is not a security, debt instrument, or interest in any entity. Past performance is not indicative of future results. The platform makes no promise of profit, capital growth, dividend, or income. Refunds carry a £1 fee. Card processing is by Paytriot Ltd, an unregulated introducer; a 10% rolling reserve is held for 180 days. By using the service you accept the Terms and acknowledge the UK risk check.

⚡ Buy NTC at Stage 1 price

Nitrous Coin Ltd · Company № 17176686 · 26 Scotland Way, Leicester LE8 5QZ · United Kingdom · Last revised 2026-05-28.