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Table of contents
ABSTRACT 4
INTRODUCTION 5
THE GULFCOIN 7
MISSION AND VISION 9
Features of GULFCOIN 10
GULFCOIN BURNING STRATEGY 13
OUR PROJECTS 16
GULFCASH 17
GULF EXCHANGE PLATFORM 18
GULF BLOCKCHAIN 19
Blockchain Decentralization 20
Transparency 22
STAKING 24
GULF NFT 25
GULF NFT MARKETPLACE 28
GAMING PLAY TO EARN FUTURE PLAN 29
ADVANTAGES OF GULFCOIN 32
TOKENOMICS 34
ROAD MAP 35

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 Is a cryptocurrency built

on binance smartchain

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Abstract

A distinguished Blockchain initiative launching

GULFCOIN crypto currency with outstanding

projects directed by our visionary team to

educate and empower people to adopt the new

digital financial rise and help them achieve the

transition from traditional financial and payment

markets into the crypto-verse and digital payment

solutions backed by the power of technology.

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Introduction
Aren’t you tired of being restrained by the power
of 3rd parties?
Aren’t you tired of worrying about exchange
rates every time you want to carry a
transaction?
Aren’t you tired of paying a significant amount
of fees?
Aren’t you tired that you must go physically
every time you want to open an account at the
bank and to be asked for a ton of papers and
documentations?
Aren’t you tired of having your privacy exposed
by the presence of all the workers and the
people you might meet there?

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Wouldn’t you rather a system that is

decentralized, transparent and with growth that

is unlikely to stop anytime soon?

In this paper, we propose a solution to the

double-spending problem using a peer-to-

peer distributed timestamp server to generate

computational proof of the chronological order

of transactions.

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GULFCOIN
GULFCOIN “GULF” a global electronic
currency developed by top notch developers
and programmers from the Arab world and
other areas specifically from the Far East and
Europe.
GULF found its way into the digital world and
our team is determined to place it amongst the
best cryptocurrencies in the industry. With its
numerous projects, unique burning strategy,
high professionalism, and advanced tools, it
will be providing digital payment solutions
to make the life of our community members
easier into the realm of the digital revolution.

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Why choosing GULF as a name of our coin?

Simply because it is the source from where it

stemmed and took its inspiration.
It was named in honor and appreciation of our
Arab supporters, businessman, and influencers
in many Arab countries, especially
THE GULF countries, as well as many
economists, financial experts, and investors
worldwide.

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MISSION AND VISION

Mission: Empowering the

community to join the Blockchain
revolution and adopt digital
services and facilities

Vision: Financial inclusion for the

masses to make Decentralized
financial services accessible to
everyday users.

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FEATURES OF GULFCOIN

Widespread Adoption
Our community has set up a system and marketing
strategy to help its coin rise worldwide signing
partnerships with different crypto companies
and eCommerce systems that will accept the
coin as a mean of payment from their Customers
into decentralized and centralized exchanges

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 Built-in Auto Burning:

GULF solidity smart contract includes an

automatic burning feature based on the size of
any transaction that occurs on the blockchain.
This feature is equipped with an ON/OFF button
so contract owner can turn this feature on and
off based on marketing campaigns or on given
circumstances.
Auto burning is designed this way to quickly and
effortlessly adapt with any given condition on
which burning becomes a necessity for a limited
period of time.

%100 backed by GULF Cash reserve

The system of GULFCOIN will be backed by
GULFCASH reserve with funds to raise the value of
the coin.

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 Fully Transparent
A blockchain is a digital ledger of transactions
distributed across a network of connected
computer systems. It also makes the data
available to everyone so that all transactions are
transparent.
Public blockchains promise privacy and
transparency at the same time. For example,
GULFCOIN is transparent , And it is highly
secured by the nature of the underlying
blockchain technology
I. Publicly available smart contracts which will manage our burning
strategy
II. Liquidity lock is managed by publicly available smart contracts.
III. All smart contracts are audited and verified by experts.

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 GULFCOIN
BURNING
STRATEGY

DURING PRE-SALE:

YOU BUY ONE GULFCOIN

WE BURN ONE GULFCOIN
INSTANTLY.

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Cryptocurrency burning is when users can
remove their coins from circulation, which
reduces the number of coins in use. The coins
are sent to a wallet address that cannot be used
for transactions other than receiving the coins.
The wallet is outside the network, and the coins
can no longer be used.
We decided to be the first to implement the
One-to-One Burning Strategy. The first fully
transparent coin-burning strategy in the Arab
world and the Middle East with a process that
will be directly traceable by investors with full
transparency. This strategy is to be applied
during the period of pre-sale and will positively
affect the holders of the coin.

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 WHAT ARE THE BENEFITS?
INCREASE VALUE OF COINS
We need to understand the fundamental
economic laws of demand and supply.
Scarcity is a central economic concept that
gives value to a particular asset and, in this
case, cryptocurrency. Unlike fiat currencies,
cryptocurrencies are deflationary. This means
that the coin supply for most cryptocurrencies
is fixed, with no additional coins created once it
has reached its total supply count.
The best example is Bitcoin, which has a fixed
supply of only 21 million; if demand increases,
prices will increase since there is a limited
number of Bitcoin in circulation. Likewise, if the
supply of Bitcoin further decreases – due to
burning, lost private keys or forgotten Bitcoins –
then prices would similarly increase since there
is now a lesser number of Bitcoins to satisfy
people‛s demands.
Coin burning reduces the total supply in
circulation since the coin is intentionally
destroyed. Therefore, it is an effective method
of increasing and stabilizing the valuation of
coins and tokens. Economic principles dictate
that reducing the quantity of something makes
it much more valuable!
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OUR PROJECTS

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GULFCASH
GULFCASH project is the core project of
GULFCoin, which is currently under final
development to see the light very soon.
GULFCASH is centered around creating and
providing an electronic payment gateway
that depend on GULF. Moreover, thousands
of eCommerce stores worldwide in a very
developed, fast, and secure way will help spread
GULFCOIN.
GULFCASH is a payment gateway, crypto to
crypto, and cash to crypto to cash, but in the
broader processing, which will use the currency
of GULFCoin to do this payment processing.
It is a payment gateway used for commercial
websites, trading websites, and gateway.
GULFCASH is designed to solve major problems
and overcome challenges users encounter when
using the traditional financial systems and enter
the age of decentralized finance with ease of
payment for every user.
It will be secure, fast, friendly user portal, easy
integration and customizable to meet the
needed features of all users.

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GULF EXCHANGE PLATFORM
An exchange platform is a digital marketplace
where traders can buy and sell their coins
using different fiat currencies and swap them.
Currency exchange is an online platform that
acts as an intermediary between buyers and
sellers of the cryptocurrency.
We are building an Exchange platform for
GULF where holders can exchange and trade
different coins into GULFCOIN or GULFCOIN
into other coins. We will decide which coins
will be available for exchange on the platform
as we continue to build a marketplace where
all our holders come to buy, sell and trade their
cryptocurrencies.

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GULF BLOCKCHAIN
A blockchain is a decentralized ledger of all
transactions across a peer-to-peer network.
Using this technology, participants can confirm
transactions without needing a central clearing
authority. Potential applications can include
fund transfers, settling trades, voting, and many
other issues.
HOW IT WORKS

The goal of GULF blockchain is to allow digital

information to be recorded and distributed but
not edited. In this way, the blockchain is the
foundation for immutable ledgers or records
of transactions that cannot be altered, deleted,
or destroyed. This is why blockchains are also
known as distributed ledger technology (DLT).
By spreading its operations across a network
of computers, GULFCOIN will operate without
the need for a central authority. This reduces
risk and eliminates many of the processing and
transaction fees.

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Blockchain Decentralization

Imagine that a company owns a server farm with

10,000 computers used to maintain a database
holding all its client′s account information.
In addition, this company owns a warehouse
building that contains all of these computers
under one roof. It has complete control of each
of these computers and all of their information.
This, however, provides a single point of failure.
What happens if the electricity at that location
goes out? What if its Internet connection is
severed? What if it burns to the ground? What
if a bad actor erases everything with a single
keystroke? In any case, the data is lost or
corrupted.

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A blockchain allows the data held in that
database to be spread out among several
network nodes at various locations. This creates
redundancy and maintains the fidelity of the
data stored therein—if somebody tries to alter a
record at one instance of the database, the other
nodes would not be altered. They thus would
prevent a bad actor from doing so. For example,
if one user tampers with Bitcoin›s record of
transactions, all other nodes would cross-
reference and quickly pinpoint the node with the
incorrect information. In addition, this system
helps to establish an exact and transparent
order of events. This way, no single node within
the network can alter information held within it.
Because of this, the information and history
(such as of transactions of a cryptocurrency)
are irreversible. Such a record could be a list of
transactions (such as with a cryptocurrency).
Still, it is also possible for a blockchain to hold
various other information like legal contracts,
state identifications, or a company′s product
inventory.

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Transparency
Because of the
decentralized nature
of blockchain, all
transactions can be
transparently viewed
by either having a
personal node or using
blockchain explorers
that allow anyone to see
transactions occurring
live. In addition, each
node has its copy of the
chain that gets updated
as new blocks are
confirmed and added.
This means that you
could track the coin
wherever it goes if you
wanted to.

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Of course, the records stored in the blockchain

(and most others) are encrypted. This means

that only the owner of a record can decrypts it

to reveal their identity (using a public-private

key pair). As a result, users of blockchains can

remain anonymous while preserving transparency.

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STAKING
As a crypto investor, staking is often a concept
you”ll hear about. Staking is how many
cryptocurrencies verify their transactions, and
it allows participants to earn rewards on their
holdings.
Staking cryptocurrencies is a process that
involves committing your crypto assets to support
a blockchain network and confirm transactions.
Crypto staking can be fruitful to increase your
crypto returns and earn passive income on the
cryptos you don”t want to sell.
Proof of Stake is a modern evolution of how
blockchains work.
How does it work ?
However, you don′t have access to them when you
stake coins during the staking period because
they′re being used as collateral with a great price
during the staking period.
Staking strategies will be gradually announced.
GULFcoin gives many ways to earn passive income
with Defi. For example, staking is as simple as
sending some GULFCOIN to a particular address
and keeping it locked there for a certain period.
If you don′t spend your GULF Cash, you will earn
passive income in the form of staking rewards.

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GULF NFT
What is an NFT?
NFT stands for ‹non-
fungible token›. When
something is fungible,
like a dollar bill, it is
equivalent to and can
thus be exchanged for
any other dollar bill.
In contrast, a non-
fungible token is a
unique asset in digital
form that cannot be
exchanged for any
other NFT. This means
that every NFT is a
‹one-of-a-kind› item.
NFTs are transferred
from one owner
to another using
blockchain technology,
which creates a digital
trail from a seller to
buyer that verifies
the transaction. This
encodes the unique
ownership rights to
the buyer (new owner).

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The physical world counterpart would be a
unique collectible asset such as a piece of
art, for which you might have a certificate of
ownership attesting to its authenticity. The NFT,
with its blockchain technology, replaces the
need for certificates of ownership. Some NFTs
use blockchain technology to create a digital
ownership certificate for a unique physical
asset, though this is currently not common.
NFTs became a popular investment in 2021,
even though they′ve been around since 2014.
As cryptocurrency investing exploded, so did
the idea of taking certain digital assets and
selling them to investors to buy online.
GULF is creating its Nft art, sports, real estate,
cars collection and many more, which can be
minted on GULF official website, where the
GULFCoin will be used to purchase the arts.

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GULF NFT
NFT marketplaces allow digital collectors to
buy, sell and create their tokens that represent
ownership of unique, tangible, and intangible
items.
GULF NFT marketplace is to spread the NFT
revolution into the world and the Arab region.
GULF NFT is created to provide an ecosystem
for people to buy and sell arts built on the
Binance smart chain network.

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What you need to use the marketplace ?

A crypto wallet: (Like MetaMask) You’ll

need to choose a wallet compatible with the
blockchain network that supports the NFTs you
wish to buy (below). For example, if you plan to
buy or sell NFTs based on the platform, you will
need to use a compatible wallet compatible with
the platform blockchain network.

An amount of coins in the wallet:

You will need to pre-fund your wallet before
buying, listing, or minting an NFT. Again, you
will need to find out which cryptocurrencies are
supported by the marketplace you intend to use.

A user account: You will need to set up an

account on the NFT marketplace.

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GAMING PLAY TO EARN FUTURE PLAN

NFT-powered play-to-earn games are

revolutionizing the gaming world, with many
gamers now earning living playing titles like Axie
Infinity.
Simply put, play-to-earn games are video games
where the player can receive rewards with real-
world value.
While people have been earning money from
playing video games for many years through
practices such as «gold farming» and unofficial
marketplaces for in-game items, the emergence
of blockchain technology and NFT′s has
changed the game.

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NFT′s, or non-fungible tokens, are
cryptographically unique tokens that can be
used to prove ownership of content such as
images or music. In blockchain games, they
enable users to take ownership of in-game
items, such as virtual clothing or plots of land.
Unlike in regular games, where in-game items
are held on walled-off data networks and
owned by the companies that created the game,
NFTs enable players to acknowledge the unique
assets they purchase. Moreover, once you own
the NFT, you can freely sell it outside of the
platform where it was created, something that›s
not possible with regular games.

That means that NFT′s representing in-game

items can be traded and sold for fiat currency
on any NFT marketplace. And because those
NFT′s have scarcity, they have real-world value.
There′s no incentive to play with regular games
other than pure enjoyment. Moreover, the
relationship is one-way you pay for the game,
and unless you′re a professional esports player
or a streamer with a big following, you will
never be able to monetize your playtime. By
contrast, blockchain gaming offers players the
opportunity to earn real money.

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Because blockchain technology enables users
to transact wherever they are, players can
transfer value and be paid to play irrespective of
who they are or where they are in the world.

GULFCOIN is creating its own game where

players will be able to earn rewards which will
be GULFCOIN. First, the value of GULFCOIN in
the market will rise with different holders; then,
we launch a game where the coin can be won as
a reward.

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ADVANTAGES OF GULFCOIN

Transparency

Sports sponsorship

Sustainable
Projects

1:1 Burning

Gulf exchange
platform
Youth Support

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Educational
support
Scalability

Entrepreneurship
funding

Global adoption

Anti-whale protection Real life use

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 TOKENOMICS
Coin distribution:

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RoadMap:

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 Again

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