The Chia Business Whitepaper

Gene Hoffman

February 10, 2021

Yesterday evening we released the first version of our Business Whitepaper. The goal of this document was to go into depth on the transformative impact that programmable digital money is going to have in finance, wealth, safety, digital security, and ultimately the entire concept of trust. Update 2/12/21 - There are now replays of our two Zoom meetings answering questions about the Whitepaper below.

This also outlines how we plan to go to market, how we plan to use the corporate form to do that, and how we intend to use our pre-farm. It also explains the tokenomics of chia coins and walks through the controls we are putting in place to assure that the pre-farm is a secure and predictable tool that we will use to finance development and growth and ultimately give everyone a chance to own their own part of the pre-farm.

This also shares that we are currently predicting our mainnet launch to be on or before March 17, 2021.

This comes on the heels of our January 14th announcement that Chuck Stoops has joined our board of directors. He is the first of a total of three outside members we will be appointing shortly to create a majority independent board.

Our plans and structure are unique and touch on a lot of different areas of expertise including enterprise software sales, blockchain project governance, and securities laws and other regulations that we must navigate to have the resources needed to drive the adoption of the Chia blockchain into the worlds financial infrastructure.

To that end we have set up two Zoom meetings so that everyone around the world can easily attend one or the other.

Asia and the Americas:

When: Feb 11, 2021 04:00 PM Pacific Time (US and Canada)

Topic: Chia Business Whitepaper Discussion - Asia

Europe and the Americas:

When: Feb 12, 2021 10:00 AM Pacific Time (US and Canada)

Topic: Chia Business Whitepaper Discussion - Europe

We will attempt to also stream those live to our YouTube channel but that has not been reliable in the past. However we will also be recording them and will enable replay on YouTube a couple of hours after they are complete.

We look forward to the conversations!