Nile Coin (NILE) White
Paper
Version 1.0 | May 2025
1 Executive Summary
BitNile.com—an innovative U.S.–based social‑gaming
platform—introduces **Nile Coin (NILE)**, a Solana‑native utility
cryptocurrency that bridges external crypto liquidity with BitNile.com’s
sweepstakes‑compliant environment. Nile Coin launches on Raydium on
**May 3 2025**, seeded with 100 M NILE paired against 11 SOL; the liquidity‑pair tokens are hard‑locked for two years via an immutable
Raydium LP‑Lock. On‑platform utility activates on **June 1 2025**.
Nile Coin performs three primary functions:
• **Payment rail** — Users may purchase Nile Token (NILE‑T) packages
with NILE instead of fiat or other crypto.
• **Rewards medium** — BitNile.com and brand partners can airdrop
NILE as promotional or loyalty incentives.
• **Optional prize payout** — Sweepstakes winners may elect to
receive eligible prize redemptions in NILE.
Gameplay itself remains denominated exclusively in **NILE‑T** for fun‑play and
**NILE‑S** for sweepstakes contests; NILE is never used for gameplay wagers. A
fixed supply of **500 billion NILE** is governed by transparent Streamflow
vesting contracts and Squads multi‑sig custody, aligning long‑term incentives
and mitigating rug‑pull risk. Subsequent sections detail the market gap, full
utility design, tokenomics, roadmap, technology stack, team, and compliance
posture.
2 Key Facts at a Glance
Item |
Detail |
Token name / |
Nile Coin (NILE) |
Blockchain |
Solana (SPL, |
Total fixed |
500 B NILE |
DEX launch |
May 3 2025 – |
Initial LP |
100 M NILE |
Liquidity‑pool |
2 yrs |
On‑platform |
June 1 2025 |
Vesting enforcement |
Streamflow |
Marketing |
5 B NILE |
Buy/sell tax |
0 % |
Compliance |
Utility |
3 About BitNile.com
3.1 Mission & Value Proposition
BitNile.com’s mission is to fuse virtual entertainment with
real ownership and utility. The platform delivers casual casino‑style games in
a 3‑D social environment while adhering to promotional‑sweepstakes regulations.
Engagement is driven by immersive venues and prize opportunities without
real‑money wagering.
3.2 Regulatory Framework
BitNile.com operates exclusively in the United States
(presently available in 46 states). All players complete KYC/AML through
Veriff, and sweepstakes contests follow state promotional rules, with bonds and
registrations in FL, NY, and RI. Nile Token (NILE‑T) and Nile Sweeps Token
(NILE‑S) are off‑chain and non‑transferable, requiring no gambling license.
3.3 Why Introduce Nile Coin
NILE enables crypto‑native users to enter and exit the
BitNile.com economy seamlessly, adds blockchain‑verifiable reward mechanics,
and provides an on‑chain payout option, all while gameplay remains strictly
off‑chain.
4 Market Problem
4.1 Closed Social‑Casino Economies
Proprietary in‑game credits cannot circulate on public
blockchains, creating friction and limiting user ownership.
4.2 Speculation‑Only Meme Coins
Many Solana meme tokens offer no functional link to real
products, have opaque vesting, and present high rug‑pull risk.
4.3 The Gap & Solution
Players need a compliant value bridge; crypto users want
real utility. Nile Coin’s payment, reward, and payout functions fill this gap
without touching in‑game wagers.
5 Utility & Primary Use‑Cases
5.1 Core Utilities
# |
Function |
Detail |
Activation |
1 |
Payment rail |
Purchase NILE‑T |
June 1 2025 |
2 |
Rewards & |
Event‑based |
June 2025 |
3 |
Prize payout |
Redeem |
June 1 2025 |
4 |
Marketing |
5 B NILE for campaigns |
Post‑cliff |
5.2 Player Transaction Flow
NILE only enters/exits at wallet touch‑points; gameplay uses
off‑chain credits.
5.2 Player Journey Snapshot
- Acquire NILE on Raydium.
- Connect wallet (Phantom or Solflare) to BitNile.com.
- Buy NILE‑T package with NILE.
- Play games using NILE‑T / NILE‑S only.
- Optional cash‑out: redeem eligible sweepstakes
prize in Nile Coin.
5.3 Platform‑Operator Levers
- Targeted airdrops — first‑time depositors, VIP
tiers, referral milestones. - Event bonuses — concerts, brand activations, sports
streams. - Liquidity incentives — governance‑approved matching
of external LP expansions (see Section 6).
5.4 Future‑Proofing
While no staking or governance modules are planned at
launch, the smart‑contract architecture leaves room to introduce them
later—subject to separate governance and legal review—without impacting
sweepstakes compliance.
5.5 Extended Utility Roadmap
BitNile.com’s vision goes well beyond social‑casino play.
The next growth phase will transform the platform into a multi‑vertical
entertainment and commerce hub, with Nile Coin positioned as the common medium
of exchange.
Upcoming |
How |
Universal |
• Players |
Integrated |
• NILE |
Earn‑and‑Spend |
• Encourages |
These expansions will transform BitNile.com into a utility‑driven ecosystem
that fuses entertainment, commerce, and community engagement—anchored by
Nile Coin at every transaction touch‑point.
6 Token Design & Economics (Revised)
6.1 Allocation Overview
Bucket |
Tokens (B) |
% Supply |
Lock / |
Raydium LP |
0.1 |
0.02% |
2‑year hard lock |
Streamflow |
0.9462 |
0.19% |
One‑time |
Treasury |
498.9538 |
99.79% |
Daily linear |
6.2 Daily Emission
The Treasury Vesting Stream releases approximately 0.46 billion NILE per
day (about 455 million), distributed evenly over 36 months
6.3 Circulating Supply Milestones (Illustrative)
Milestone |
Cumulative |
% Supply |
Notes |
Launch (LP |
0.1 |
0.02% |
Seed |
After |
≈ 166 |
≈ 33% |
First third |
After |
≈ 332 |
≈ 66% |
Two‑thirds released |
End of |
≈ 498 |
≈ 99.6% |
Treasury |
LP Unlock |
500 |
100% |
LP tokens unlock |
6.4 Liquidity‑Pool
Lock
100 million NILE paired with SOL is locked on Raydium for
two years via an immutable LP‑Lock
contract. LP tokens are non‑transferable
until unlock and cannot be revoked.
6.5 Treasury‑Token
Usage Plan
Use of Funds |
Target Share |
Example |
Marketing |
≈ 25 % |
Influencer |
Platform |
≈ 30 % |
Seasonal |
Liquidity |
Up to 10 % |
Market‑making, additional AMM depth |
Strategic |
≈ 20 % |
Third‑party mini‑games, brand activations |
Ops & |
≈ 15 % |
Legal, |
Percentages are guidelines; daily‑vested tokens flow into a single Squads treasury
vault. Any disbursement requires 2‑of‑5 multi‑sig approval and is visible on‑chain.
7 Roadmap & Milestones
Phase |
Date |
Deliverables |
KPIs |
0 Launch |
May 3 2025 |
Raydium |
LP verified |
1 Utility |
Jun 1 2025 |
Checkout; |
1 000 txns |
2 Growth |
Q3 2025 |
Airdrop; |
15 k wallets |
3 CEX |
H1 2026 |
Tier‑2 |
US $250 k |
4 Governance |
H2 2026 |
Votes; |
500 voters |
5 Grants |
2027 |
LT Treasury |
3 projects |
6 Bridge |
2027‑2028 |
Cross‑chain / |
1 000 votes |
8 Technology Architecture
– Solana SPL token (6 decimals) with revoked mint/freeze
authorities.
– Custody: Squads 2‑of‑5 multi‑sig; Streamflow vesting.
– Compliance: Veriff KYC + TRM Labs KYT.
– Infrastructure: QuickNode & Triton RPC; Pyth + Switchboard oracles.
– Security: static‑code audit complete; vesting audit June 2025.
9 Team & Advisors
Role |
Member |
Credential |
Executive |
Milton |
30 yrs public |
Chief |
Joe Spaziano |
15 yrs Technology/Fintech |
Blockchain |
Name withheld |
SPL audit |
Engineering |
Name withheld |
Scaled |
Compliance |
External U.S. |
Sweepstakes |
Marketing |
Name withheld |
Growth for |
10 Legal & Compliance
Nile Coin is structured as a utility token. Gameplay
currencies remain off‑chain under a promotional sweepstakes model. Controls
include Veriff KYC, TRM Labs KYT, Streamflow vesting, and Squads custody.
Residual risks: regulatory change, network congestion, market volatility,
liquidity depth, and contract exploits. This document is not a securities
prospectus.
For more information and the latest updates on Nile Coin
and corp.BitNile.com, please visit the official website at BitNile.com.
Disclaimer: This white paper is for informational purposes
only. It does not constitute investment advice, an offer, or solicitation to
sell any securities or financial instruments. Nile Coin is a utility token
intended for use on the BitNile.com platform. There are no guarantees
regarding its future value, and participants should use Nile Coin responsibly
and in accordance with all platform rules and applicable laws. All statements
about future plans are subject to change; BitNile.com, Inc. and its
affiliates assume no obligation to update forward-looking statements. Users are
encouraged to familiarize themselves with the platform’s terms of service and
risk disclosures before participating in the Nile Coin ecosystem.