Korban Suite Digital Token Offering (KSDTO) – Technical White Paper

Introduction

The Korban Suite Digital Token Offering (KSDTO) is a unique blockchain-based initiative designed to support the development of Israel’s priesthood through the creation of a utility token based on the Ethereum blockchain. This token offering aims to facilitate the participation of global stakeholders in the religious and cultural heritage of the Jewish people. The utility of this token will be directly tied to the activities surrounding the Temple and its services, with a special focus on enabling the swap of the tokens for actual products, such as livestock, flour, wine, and other temple-related sacrifices.

Token Structure

The Korban Suite Digital Token (KSDT) will be created on the Ethereum blockchain, using the ERC-20 standard. The token will primarily function as a utility token, providing access to religious goods and services, including temple offerings. The token structure will also enable smart contract integration, offering flexibility for future enhancements to the ecosystem.

Token Utility

The Korban Suite Digital Token will have a direct utility within the context of religious rituals, specifically the sacrifices associated with the Temple. Just as in ancient times, tokens will be exchanged for the items needed for sacrifice. Each token can be used to swap for specific products, and the value of these tokens will fluctuate based on the market prices of these goods, such as livestock, flour, wine, and other items tied to temple practices.

KYC-AML Compliance

In compliance with legal and regulatory standards, the Korban Suite Digital Token Offering will incorporate Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. These measures will ensure the integrity of the token sale and the security of all participants. Our token launch provider will facilitate these compliance processes.

Token Supply & Distribution

The total supply of Korban Suite Digital Tokens will be capped at 100 million tokens. These tokens will be distributed over several rounds of sales, as follows:

 
• Pre-sale: 20% of the total supply

 

• Public Sale Round 1: 25% of the total supply

 

• Public Sale Round 2: 25% of the total supply

 

• Community & Ecosystem Incentives: 15% of the total supply

 

• Team & Advisors: 10% of the total supply

 

• Legal & Reserve: 5% of the total supply

Token Pricing

The initial price of the Korban Suite Digital Token will be set at $1 per token. However, the price will fluctuate based on the market value of the associated products, such as livestock, flour, wine, and other temple-related offerings. This dynamic pricing model ensures that the token reflects the real-world value of the goods it represents.

Fundraising Goals

The funds raised through the Korban Suite Digital Token Offering will be allocated toward key initiatives, including the acquisition of real estate and property in Jerusalem. This will allow for the physical expansion of the temple-related services and enhance the overall ecosystem supporting the religious practices of Israel’s priesthood.

Roadmap

 
• Q1 2025: Token Sale Launch

 

• Q2 2025: Smart Contract Integration

 

• Q3 2025: Real Estate Acquisition in Jerusalem

 

• Q4 2025: Launch of Temple-Related Services

 

• 2026 and Beyond: Expansion of the Token Ecosystem

Community Engagement

Our community engagement goals include reaching out to Jewish media outlets both in Israel and internationally, in both Hebrew and English. We aim to educate and inform stakeholders about the value of the Korban Suite Digital Token and its role in preserving and revitalizing the religious practices tied to Israel’s priesthood. Exciting partnerships will also be announced as the project progresses.

Legal Structure & Compliance

The Korban Suite Digital Token Offering is being launched by our 501(c)(3) nonprofit organization. The legal structure of the token offering will adhere to the regulations of both New York State and Israel, ensuring compliance with local and international laws. The token offering will also be structured in accordance with all relevant regulations regarding fundraising and token sales.

Technical Team

The development and execution of the Korban Suite Digital Token Offering will be led by Peretz Rivkin, with additional talent based in Tel Aviv and Jerusalem. A trusted team of legal and technical experts will ensure the smooth implementation of the token sale and the launch of the ecosystem.

Risks & Mitigation

There are no significant risks associated with this project other than potential legal risks due to the need for compliance with both Israeli and New York State laws. Our legal team is working diligently to ensure that the Korban Suite Digital Token Offering meets all necessary requirements, mitigating any potential risks related to local regulations.

Architecture Diagram

The architecture of the Korban Suite Digital Token ecosystem will include smart contracts, a secure token distribution model, and integration with the Ethereum blockchain. Our launch provider will ensure the security and integrity of the entire token sale infrastructure.

Conclusion

The Korban Suite Digital Token Offering represents an exciting opportunity to preserve and revitalize Israel’s priesthood, ensuring that the ancient practices and traditions are passed on to future generations. The token sale will help fund real estate development in Jerusalem and expand the reach of the Korban Suite ecosystem. We invite you to join us in this historic initiative and become part of a project that will make a lasting impact on the Jewish people.