PiratesCoin (PRTS) Whitepaper

13th MAR 2025
(Changes made from 3rd MAR: token allocation, presale structure and launch tax structure)

“Because X marks the blockchain”

 

1. Introduction

1.1 Overview

 

Welcome aboard PiratesCoin (PRTS), a treasure-laden memecoin built on the Solana blockchain. More than just a fleeting fad, PRTS combines long term growth strategy, community governance, a deflationary economy, and robust anti-rug measures to create a sustainable ecosystem where holders steer the ship. With a fully doxxed crew and a transparent launch plan, we’re setting sail to redefine memecoins—one vote, one burn, one adventure at a time.

 

1.2 Mission & Vision

 

Mission: To create a self-sustaining, rewarding economy where every holder has a voice in shaping the future through token-gated governance.

Vision: To set sail beyond traditional memecoins, building a thriving Solana-based ecosystem that drives innovation and rewards long-term loyalty.

 

1.3 Key Features

    • Deflationary Booty: 1% of all trading volume is sent to Davy Jones chest (burned), shrinking supply and boosting scarcity over time.
    • Crew Governance: 2% of volume is controlled by the community—your tokens, your rules.
    • Long term growth: 1,25% of volume is invested to generate long-term income for the project and holders.
    • Anti-Snipe Cannons: Progressive launch taxes and vesting to fend off whales and snipers and discourage early sell-offs.
    • Locked Treasure: Liquidity permanently locked and a vested team & community chests.

 

2. Piratenomics

2.1 Initial Max Supply

 

  • Total Booty: 777,777,777 PRTS
  • Trading Pair: USDC/PRTS (Raydium CPMM)
  • Liquidity Lock: LP tokens permanently locked through raydium burn & earn.

 

2.2 Token Allocation

 

Chest Amount (PRTS) Percentage Vesting Details Purpose
Community Chest 150,000,000 19%

2-year linear, monthly release.

Vesting details

 Rewards, airdrops,
competitions, burns —
partially governed by the crew.
Development Fund 77,777,777 10%

2-year linear, monthly release.

Vesting details

 Project growth,
partnerships, marketing,
buyback/burn initiatives.
Presale 300,000,000 39% 25% unlocked,
75% phased vesting		 Funds the initial liquidity
pool, dynamic price discovery
Liquidity Pool 250,000,000 32% Locked permanently (raydium burn & earn) Deep liquidity for fair trading
from day one.

 

 

3. Presale Structure

 

3.1 Presale Overview

 

Presale rounds are done in fair launch batch auction style where everyone deposits funds into a single pool over a fixed period, and at the end of that period the total token supply is distributed proportionally to the amount each participant contributed. This ensures a single “clearing price” at finalization and allocates tokens on a strictly pro‑rata basis.

Max buy per wallet is capped at 0.9% of supply (7M PRTS), with Seed Round at 1.29% (10M PRTS). If any user deposits more than calculated max buy per wallet, the extra funds are returned to the sending wallet to ensure no-one controls too much of the supply.

75% of purchased tokens vest daily over 3-5 months, with 25% unlocked at launch.

The final allocation of liquidity pool (LP) tokens and presale pricing structure may be subject to adjustments before launch to ensure optimal fairness and sustainability. These adjustments, if necessary, will be transparently communicated and implemented to maintain a balanced market environment that benefits presale participants and the broader community.

3.2 Presale Phases

 

Round Days Token allocation Price per token Vesting period
Seed round 7 Approximitely 10-20%, calculated at finalization Calculated at finalization 5 Months
Early backers 2 Approximitely 20-50%, calculated at finalization Calculated at finalization, higher than seed round 3 Months
Public sale 15 Approximitely 20-50%, calculated at finalization Calculated at finalization, higher than early backers, lower than launch 3 Months

3.3 Presale Finalization

  • Final price and pro-rata allocation is calculated based on the batch auction results, deposits over the max limit will be returned to sender wallet to avoid whale concentration.
  • All excess presale tokens (if any) will be burned.
  • 75% of presale tokens vest daily via Streamflow (cancel authority revoked).
  • All funds are deposited directly into the initial liquidity pool and locked permanently, ensuring a sturdy ship at launch.

 

4. Taxation, Anti-Snipe & Anti-Whale Measures

 

4.1 Progressive Taxation at launch

(Anti-Snipe & Anti-Whale cannons)

 

To protect investors and to ensure smooth launch without pump & dump, PRTS implements a progressively decreasing tax system at launch, designed to deter sniping, prevent whale manipulation, and discourage early sell-offs, while simultaneously rewarding and incentivizing early supporters.

Period Days Tax Percentage Tax usage Tax token
Presale – 0% N/A N/A
Launching the ship 0-1 20% 50/50 Marketing and early rewards to presale buyers USDC
Getting off the harbor 1-5 10% 50/50 Marketing and early rewards to all holders USDC
Raising the mainsail 5+ 5% See section 4.2 below PRTS (burn) / USDC (rewards)

 

4.2 Tax structure after launch week

 

5% Tax – split between:
  • 0,25% Team, operational costs, salaries etc. to keep the project running and growing.
  • 0,50% Diamond hand rewards, distributed to the most dedicated holders on monthly basis.
  • 1% Burn, reducing total supply constantly.
  • 1,25% Long term investments, DeFi farms, staking pools etc.—generating compound growth and enabling holder rewards / dividends even when the trade volume is low. Community governance through voting.
  • 2% Community governance through weekly vote. Share it, burn it, gamble few big jackpots—your tokens, your rules.

Tax structure can be changed in the future through community governance vote.

 

5. Roadmap

5.1 Short-Term Goals (Q1-Q2 2025)

    • Launch (Mar-Apr 2025): Token distribution, LP lock, and presale vesting initiated.
    • Crew Building: Grow Telegram and holders to 1K+ members.
    • DEX Push: List on Raydium and Jupiter, backed by marketing via influencers, X campaigns, community contests and DEX boosts.
    • Engagement: Host multiple pirate themed contests with 1M+ PRTS in prizes. Start the weekly community voting for the 2% tax 2 weeks after launch.
    • Tax automation: Automate the tax collection, 1% burn and 4% conversion to USDC.
    • First “diamond hands” rewards: Start sharing the first monthly “diamond hands” rewards to the most dedicated holders 1 month after launch.
    • Initiate long-term growth plan: Start discussions and voting with community on long-term growth plans (staking, defi farming, buying pirates bitcoin reserves etc).
    • Cross-posting automation: Automate daily posting in socials (X/Facebook/TG) by leveraging AI and a variety of tools.

5.2 Mid-Term Goals (Q3-Q4 2025)

    • Staking Booty: Launch a custom staking pool with 10%+ APR, funded either by tax reserves and-or community/development chests.
    • Long-term growth portfolio checkup: Analyze long-term investment profitability, vote for possible rebalancing, share first long-term growth dividends. 
    • Further marketing: Launch multiple marketing campaigns on different platforms, X/Youtube/TikTok/Reddit. Leverage existing influencers and onboard more.
    • Partnerships: Collaborate with other Crypto projects (e.g.., NFT Marketplaces or DeFi protocols) for cross-promotion.
    • Expansion: Target 50K+ social followers with TikTok and X campaigns. Grow holders to 10K+
    • Feature Vote: Propose future features such as NFT or metaverse integration, with implementation plans based on community votes.

5.3 Long-Term Vision (2026+)

    • CEX Horizons: Pursue Binance or KuCoin listing if market cap exceeds  and stabilizes to $100M+.
    • NFT Treasure: Introducre pirate-themed NFTs unlocking governance perks or bonus chests.
    • Gamification: Create a pirate themed game on-chain, powered by PRTS
    • DAO Evolution: Transistion to full DAO governance with token-weighted voting.

  •  

6. Risk Assessment & Mitigation

6.1 Key Risks

 

  • Market Crash: USDC Stablecoin trading pair shields PRTS from broader crypto market crashes, ensuring price stability and predictable trading. 
  • Low Adoption: Big marketing partners pushing via multi-platform marketing and influencers. Unique project and visibility in Solana chain. Early competitions and community governance decisions to boost engagement and hype.
  • Low trading volume: Long-term investments will ensure the pirate economy will keep striving even if the trading volume calms down during bear markets.
  • Whale Manipulation: High early tax plus progressive decrease to discourage snipes and early sell-offs. Vested presale tokens, low initial max buys from presale. Presale to fund reasonable liquidity depth at launch.
  • Rugpulls & Team/KOL dumps: Vested development and community chest tokens. LP locked permanently in raydium. No “free” token supply provided for individual members or 3rd parties. Fully doxxed, experienced and dedicated team.

 

7. Compliance & Transparency

    • Team will be publicly doxxed on the main website.
    • 3rd Party team verification (Under evaluation for cost effectiveness)
    • Presale transactions, LP deployment, LP lock, presale + development + community token vesting will be publicly available directly in on-chain.
    • Tax wallet, development wallet and community treasury are publicly available
    • PRTS utilizes the Solana Program-2022 standard without any custom-coded smart contracts, eliminating the need for an external security audit. All transactions and contract interactions remain transparent and verifiable on-chain.
    • Main community platform: Telegram (separate group tokengated for governance decisions)
    • Other platforms; Twitter (X), Discord, TikTok, Instagram, Facebook

 

 

8. PiratesCoin Branding & Community Engagement

Expect pirate lingo in marketing and community engagement 🏴‍☠️ Treasure chests, booty, and mutiny references encouraged “Aye, the seas be rough, but we set sail with steady hands!”

 

9. Legal Disclaimer & Risk Disclosure

 

The information provided in this whitepaper is for informational purposes only and does not constitute financial, investment, legal, or tax advice. PiratesCoin (PRTS) is a decentralized, community-driven project, and participation in the ecosystem is entirely voluntary. Prospective buyers and investors should conduct their own research and consult with financial, legal, and tax professionals before making any investment decisions.

PiratesCoin (PRTS) does not guarantee any profit or financial return, and cryptocurrency investments carry significant risks, including but not limited to market volatility, regulatory changes, potential security vulnerabilities, and unforeseen technical failures. The value of PRTS tokens may fluctuate, and there is a possibility of losing part or all of your investment.

Furthermore, while anti-rug, anti-whale, and anti-snipe mechanisms are implemented to enhance fairness and security, they do not eliminate all risks associated with token trading and decentralized finance (DeFi).

PiratesCoin (PRTS) and its team make no warranties or representations regarding the accuracy or completeness of the information in this document. This whitepaper does not constitute an offer to sell, a solicitation to buy, or a recommendation to engage in any transaction. The project team reserves the right to modify or update any information within this document without prior notice.

By interacting with PRTS tokens or the PiratesCoin ecosystem, you acknowledge and accept all associated risks and responsibilities. PiratesCoin (PRTS) operates in a rapidly evolving regulatory landscape, and participants are responsible for ensuring compliance with applicable laws in their respective jurisdictions.

 

10. Conclusion

PiratesCoin is not just another memecoin or pump & dump —it’s a delicately structured community-powered ecosystem with a deflationary model, governance utility, long-term vision and transparent team. By combining strategic launch management, progressive taxation, and engaged governance, PRTS is poised to become a dominant force in the Solana ecosystem.

Join us and set sail for treasure! ⚓🏴‍☠️