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A Fully Collateralized Coin with Stable Purchasing Power
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β–ͺ️ Dotflat - understandable money for everyone!

Introducing Dotflat - a new cryptocurrency with stable purchasing power, its rate does not fluctuate up and down like other coins.

Dotflat always has approximately the same value, like a ruble or a dollar.

πŸ“Œ Why is it needed?

βœ…For purchases
Regular cryptocurrencies are too volatile and not suitable for paying for goods. They also have a number of disadvantages: lack of security or transparency, the threat of asset blocking by issuers, susceptibility to inflation, and a close relationship with the traditional banking system.

Dotflat, on the other hand, will always retain its value.
You can safely pay with it for food, clothes, and other goods.

βœ…To protect against inflation
Any traditional currency depreciates over time due to inflation. Dotflat is pegged to the value of commodities (gold, oil, wheat), which only become more expensive over the years. Therefore, your savings in Dotflat will be protected from inflation.

βœ…To earn money
You can store Dotflat on a special deposit and receive interest on it.
This is a simple and reliable way to earn money on your savings.

πŸ“Œ How does Dotflat work?

Dotflat is backed by real goods, not just computer records. This means that there is real value behind each coin.

On average, you can buy the same amount of goods such as gold, silver, copper, orange juice, coffee, corn, grain, cotton, rice, wood, oil, gas, veal, and so on with one coin.

Initially, the value of the coin is set equal to $1, but as the dollar depreciates due to inflation, leading to an increase in the prices of commodities, the coin continues to maintain its purchasing power and grows in value along with commodities.

All conditions of Dotflat operation are spelled out in smart contracts, which guarantee the honesty and transparency of the system. This eliminates the possibility of any influence on your balance by third parties or organizations.

πŸ“Œ What can you do with Dotflat?

πŸ”˜Transfer money to other people quickly and without commissions
πŸ”˜Pay for goods and services online and in offline stores
πŸ”˜Store savings and protect them from inflation
πŸ”˜Earn money on a deposit

To learn more about Dotflat - subscribe to our official social networks:

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β–ͺ️ Dotflat is the future of money!
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βœ… Introducing the Dotflat LitePaper!

β–ͺ️ Dotflat is a secured stablecoin with stable purchasing power.

πŸ“Œ You can use Dotflat to transfer value on the blockchain, protect your funds from inflation and earn on deposits.

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Last year, the problem of inflation reached new heights.

Global and local regulators tried to slow down the devaluation of money by raising key interest rates, but with limited success. The threat of high inflation remains a pressing issue for ordinary citizens and businesses.

It is no surprise that in such a situation, people are looking for ways to preserve their savings.

This is why we are launching the Dotflat project.

β–ͺ️ Dotflat is a flatcoin that always has the same value and does not fluctuate wildly.

It is pegged to the price of commodities such as gold, silver, coffee, oil, and others. This means that you will always be able to buy the same amount of these commodities with one coin, which tend to appreciate over time.

βœ… Dotflat is designed to reliably protect your money from inflation and preserve your savings regardless of what happens in the world!
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β–ͺ️ Dotflat is designed to help you keep your money safe and secure its value.

Dotflat can be used to protect your funds from inflation and earn interest on your deposit.

But how safe is it all?

Let's take a closer look:

πŸ”˜Terms of operation are specified in smart contracts. These are like laws that cannot be changed. This ensures that no one can take your money.

πŸ”˜Issued coins are backed by cryptocurrency stored in a smart contract, which guarantees its availability.

πŸ”˜The system is decentralized. This means that it is not controlled by anyone - it works on its own, according to pre-defined rules.

πŸ”˜You can verify any operation: all information about balances, conditions, transactions, etc. is publicly available.

βœ… Dotflat is the future of money!
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β–ͺ️ Dotflat is not only a way to protect your money from devaluation, but also an opportunity to earn on it.

Let's see how it works.

πŸ”˜The oracle system tracks the prices of goods (e.g., oil, gold) and records them on the blockchain. Then, a special program calculates how much cryptocurrency is needed to secure each Dotflat.

πŸ”˜Due to the fact that Dotflat can be taken out on credit at 9% per annum, users who purchase flatcoins on the open market have the opportunity to earn 8% on their deposit.

πŸ’‘ More details can be found in the project's LightPaper.

Subscribe to our official social networks:

βœ… Telegram (Russian channel)
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Imagine a magical coin that always holds its value, even when everything around you changes.

β–ͺ️ That's Dotflat - a new cryptocurrency that works differently.

Instead of relying on fiat currencies or a basket of goods, Dotflat is backed by real-world assets like gold, oil, or food. This means its price will move in tandem with the value of these assets, making Dotflat more resilient to inflation and economic shocks than traditional cryptocurrencies.

πŸ’‘ In simpler terms, Dotflat doesn't lose value over time like regular money, and its worth is anchored to resources that people will always need.

We believe Dotflat has the potential to become the superior form of money in the cryptocurrency realm, addressing the volatility and price swings that have plagued the market for years.

πŸ”˜Join our community on social media to learn more about Dotflat and how it can transform the world!
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πŸ”˜We have repeatedly mentioned that Dotflat, unlike volatile cryptocurrencies, is stable in price and not subject to sharp fluctuations.

This makes it attractive for:

πŸ’‘Investors seeking stable assets.
Dotflat can become part of your diversified portfolio, helping to reduce risks. Simply put, if one asset falls in price and another rises, Dotflat keeps the value of your assets at a certain level, preventing large losses of funds.

πŸ’‘People using cryptocurrency for everyday payments.
The stable value of Dotflat allows you to be sure that you will not lose money when making purchases.

πŸ’‘Entrepreneurs accepting cryptocurrency payments.
Dotflat protects holders from fluctuations in the prices of other cryptocurrencies, which greatly simplifies doing business.

πŸ’‘Depositors who want not only to create a good stable deposit but also to receive income from it.
We talked about how to earn with Dotflat in this post.

πŸ’‘Residents of countries with unstable economies.
Dotflat can be a great alternative to fiat currencies that are subject to inflation.

Want more details?
Join our project and be sure to subscribe to our official social networks:

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β–ͺ️ Want more details about the project?

βœ… Ask the Dotflat team questions and we will definitely answer the most interesting ones in our upcoming posts.

πŸ”˜We are waiting for your questions in the comments to this post!
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β–ͺ️ Meet Dmitry Nagornykh - the CEO of Dotflat, an experienced developer and blockchain enthusiast leading the project to new heights!

πŸ’‘ Education and experience:
2007: Novosibirsk State University, Master of Science in Information Technology and Computer Systems.
2016: Additional education in "Management of Innovative Business".
Work experience: senior lecturer at the Department of General Informatics of NSU, developer with experience in Python, Javascript, C#, sql, Solidity.

⭐️ Passion for innovation:
Dmitry has always been interested in cutting-edge technologies and enthusiastically immersed himself in the world of cryptocurrencies. His extensive knowledge in the field of low-potential energy, heat pumps, photovoltaics, artificial intelligence, neural networks, computer systems and financial applications, coupled with a deep understanding of blockchain, make him the ideal leader for the Dotflat project.

βœ… Vision and leadership:
Dmitry has a clear vision for the future of Dotflat and works tirelessly to make it a reality. He knows how to inspire and motivate the team, creating an atmosphere of collaboration and innovation.

πŸ“Œ Dedication to his work:
Dmitry is distinguished by his genuine passion for Dotflat. He believes in the potential of the project and works tirelessly to develop it. His enthusiasm is contagious, and his dedication serves as an example for the entire team.

πŸ‘ Together to success:
His experience, knowledge, leadership qualities and enthusiasm are the qualities that are necessary to succeed in the dynamic world of cryptocurrencies.

πŸ”˜Dmitry has already answered all the questions you have sent, and we will publish them shortly.

We recommend subscribing to the project's official social networks so as not to miss anything - there is a lot of interesting things ahead!
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β–ͺ️ Introducing Dotflat CTO, visionary and entrepreneur - Artem Arakcheev.

πŸ’‘ Education and Skills:
● Doctor of Business ● Administration (DBA, MBA)
● Master of Laws (LLM)
● Master of Computer Science (MCS)
● Software Development Expert

βœ… He's all over the latest trends like CBDC, smart contracts, FinTech, High Frequency Trading, and venture capital investments.

πŸ”˜Artem loved learning, so he got his MBA and graduated among the top students from the world's leading business schools. He is an official member of one of the oldest honorary academic societies, Phi Kappa Phi, and the international business honor society, Beta Gamma Sigma.

πŸ”˜A graduate of the Deep Tech startup accelerator, Artem is himself the founder of several successful startups and a winner of numerous hackathons and venture competitions.

πŸ”˜In addition, he has 18 years of experience in various IT fields - Web, DevOps, Machine learning, Quantum computing, etc.

Artem sees a bright future for Dotflat and is super into making it happen! He believes his experience, knowledge, and creative ideas, along with his awesome skills, are the perfect recipe for Dotflat's success. His passion is so contagious, the whole team feels unstoppable!
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β–ͺ️ Presenting the Dotflat project development roadmap for 2024 - early 2025.

Please note that it may be subject to change depending on various factors.

πŸ“Œ We will definitely share more details about all roadmap items in the following posts.

πŸ”˜Subscribe to stay tuned!
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β–ͺ️ Launching a series of posts to break down our project's components, starting with tokens. Like many other blockchains, Dotflat will feature two types: utility tokens (flatcoins in our case) and governance tokens β€” the focus of today's post.

As previously mentioned, Dotflat is a decentralized and transparent system, governed by open-source smart contracts that outline its operation. All balances, transactions, and collateral will be verifiable on the blockchain.

However, like any similar system, Dotflat requires governance, and to facilitate this, we plan to issue special governance tokens. Holders of these tokens will become beneficiaries of the system and gain voting rights to influence key parameter changes, including:

πŸ”˜ Smart contract addresses
πŸ”˜ Composition of the goods basket pegging flatcoin value
πŸ”˜ Interest rate for credit issuance
πŸ”˜ Stabilization fund size
πŸ”˜ Additional issuance launches

⭐️ Dotflat governance tokens will be issued on the Ethereum network, and the token sale will be conducted on the Cellframe launchpad platform. We'll delve into launch details and tokenomics in subsequent posts. Stay tuned!
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🍏 How ​​does the Dotflat cryptocurrency manage to remain stable and reliable? The secret is in the oracle system!
The oracle system acts as an intermediary between the world of real things and the blockchain and transfers data from the first to the second, respectively, be it prices of goods, exchange rates or weather conditions.

How does it work?
Oracles collect data, such as the price of gold, from various sources to get a complete picture of the market. They are transferred to the blockchain through transactions or directly (if there is such a possibility, as in the native CF20 format), and then smart contracts, backends or Web3 clients receive this data through the blockchain, which ensures high reliability and reliability of this data.

Oracles can be public or private. Public ones are open to all blockchain users and allow anyone to become an oracle for a reward. Private oracles work through private blockchains and their data is not available to the general public, or they transmit data through public systems in encrypted form.

According to the method of obtaining data there are:
● Oracles that receive data from centralized sources β€” such as APIs of various centralized services
● Decentralized oracles that receive data from independent sources, for example, about the states of another blockchain

🍏 The Dotflat private oracle system broadcasts market quotes for commodities.
The composition of the raw material basket is regulated by a separate smart contract, which contains a list of raw materials and their percentage. The initial quote in the smart contract determines the stable price of flatcoins. Currently, the commodity basket includes 34 instruments, including a full set of commodity futures.

The Dotflat oracle system is based on the Cellframe SDK, which gives it all the benefits of our platform, including quantum protection. As well as a ready-made, proven API for launching non-financial decentralized applications and already existing mechanisms for drawing up private consensuses. Integration with Ethereum, BSC and other protocols is also carried out through existing inter-blockchain interaction mechanisms of the Cellframe ecosystem.

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Today we will answer one of the most popular questions from our community: how are the Dotflat project and the Cellframe Network connected?

βœ… Dotflat's oracle system, flatcoins, and parachain will be integrated into the Cellframe ecosystem.

βœ… The Dotflat oracle system will operate on the Cellframe engine.
In Dotflat, oracles play a key role by transmitting commodity quotes to the blockchain, which form a basket of commodities determining the value of the cryptocurrency. In the first phase of the launch, we plan to create a private network of oracles operating within a private blockchain. This setup will allow us to develop the technology in a secure and controlled environment. Afterward, we will transition to a public network similar to KelVPN.

βœ… Transition of flatcoins to the Cellframe network.
Dotflat flatcoins are currently issued on the Ethereum blockchain. With the help of the Cellframe bridge, it will be possible to transfer them to the Cellframe network.

Cellframe will enhance flatcoins by offering:
● Post-quantum protection: safeguarding your funds and assets from potential quantum computing threats
● Trading on Cellframe DEX: enabling easy trading of flatcoins on Cellframe's own decentralized exchange

In the future, we also plan to open the Dotflat parachain to all users within the Cellframe ecosystem. Once this is implemented, Dotflat will provide an extension for Cellframe Wallet (Dashboard), simplifying the use of Dotflat features within the native CF-20 protocol.

In a native parachain, Dotflat control token holders will have the ability to delegate their tokens to node operators or use them to set up their own Dotflat node. By doing so, they can work as oracles and receive rewards in the form of control tokens.

πŸ’š Subscribe to the social media accounts of both projects, and remember: Dotflat is the future of money!
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