Whitepaper

RCA Coin

An ERC-20 Coin for the Repository for Cryptonomic Art

Table of Contents

Abstract
Introduction and Executive Summary
Problem Statement
Market Analysis and Competitive Landscape
Trading for Historical Assets
Public Listings and Exchange Integration
Community Engagement and Communication
Partnerships and External Integrations
Roadmap and Development Phases
Security and Risk Management
Regulatory Compliance
Disclaimers and Legal Notices

Abstract

RCA Coin is a simple cryptocurrency created to help preserve blockchain history. Old blockchain projects, intellectual property, and early NFTs can be traded for RCA Coin, which is easier to sell and trade to other community members.

Introduction and Executive Summary

RCA Coin is an ERC-20 Ethereum token designed to help owners of old or discontinued crypto assets exchange their historical artifacts for a currency that’s easier to sell and trade. The project focuses only on basic maintenance, transparency, and safe long-term stewardship, with no promises of profit or new utilities.

Key Points

Used as a simple tool for exchanging historical digital assets.
No presales, marketing, staking, or profit expectations.
Only technical upkeep and factual communication.

Problem Statement

Many crypto projects, tokens, and NFTs have been abandoned or shut down. These assets retain value due to their project history and popularity, even if they cannot be easily traded on an open market.

Several organizations already preserve crypto history, but most are supported by public donations used to purchase historical property. If no funding is available, pieces of blockchain history may be destroyed or forgotten without proper care and maintenance, along with the stories behind them.

Market Analysis and Competitive Landscape

Examples of historical organizations for blockchain include:

Filecoin Foundation for the Decentralized Web (FFDW): A U.S. nonprofit with about $10 million in funding and 20 staff members. Focuses on decentralized storage and digital preservation.
Museum of Crypto Art (MOCA): A community-run museum with around $5–7 million in NFT assets. Dedicated to education and digital art history.
Crypto Museum (Netherlands): A small foundation with fewer than 10 volunteers. Focuses on cryptography devices and history.
Research Institute for Arts and Technology (RIAT): Based in Austria with a budget of about $1–2 million per year. Studies blockchain and art.

Trading for Historical Assets

The Repository for Cryptonomic Art (“RCA”) accepts a range of crypto-native artifacts, including NFTs, digital artworks, and intellectual property tied to legacy blockchain projects. These items are treated as digital commodities, representing ownership of creative or historical value, not as securities or investment products that will mature in value. RCA Coin exists solely to enable fair and transparent exchanges for these items without speculative intent or financial promotion.

The Repository for Cryptonomic Art functions as a neutral registry and preservation platform, accepting contributions and exchanges involving digital artifacts, intellectual property, and other crypto-native works. The inclusion of such items in the repository does not transfer, imply, or assert any ownership or licensing rights by the project unless explicitly stated. Offers to trade an asset or property for project currency may be rejected at the discretion of the project team.

Public Listings and Exchange Integration

This currency may be listed on centralized exchanges (CEXs), decentralized exchanges (DEXs), or other public listings platforms that support trading or project indexing. These listings exist to provide easier access to information and trading liquidity for currency holders and community members. Exchanges ensure that the currency can be purchased, held, and traded efficiently within standard market conditions. All platform listings and exchange activities are for trade accessibility, not for marketing or project promotion. Actions taken by this project or its technical partners are intended solely to maintain operational compatibility with trading systems and to preserve liquidity across platforms, not as entrepreneurial efforts.

To maintain a steady supply of currency for sale on exchanges and meet market demand, tools such as automated market makers (AMMs) may be connected to a central authority account to buy, sell, or mint coins on behalf of the project. These tools are fully automated and designed to buy or sell coins at different prices to maintain price stability using a mathematical formula known as a bonding curve. The management team may opt to modify the algorithm or design of its bonding curve and market maker after launch. These updates are intended to ensure long-term project stability and do not guarantee an increase in price or return on investment for currency owners or community members. Updates of this nature may cause the immediate short-term spot price of the currency to go down rather than up.

Community Engagement and Communication

The community may interact through official channels operated or supervised by the project, including a public website, official social media accounts, and approved communication platforms. These channels are maintained for transparency, updates, and education regarding technical or administrative matters, not for marketing and promotional purposes.

The project leadership makes an effort to provide accurate and timely information regarding project operations, maintenance schedules, and regulatory notices. No statements made in public communications, interviews, or community discussions should be classified as financial advice, investment solicitation, or a guarantee of token value or return on investment. To ensure compliance with commodity standards and securities law, all public engagement and announcements are conducted for informational and educational purposes only.

Any form of promotion, paid advertising, or speculative discussion of the project’s value is strictly prohibited across official channels. Any false claims that the project and currencies are used to generate a profit, a return on investment, or behave like a security may be removed.

Partnerships and External Integrations

This project does not engage in promotional partnerships, advertising campaigns, or marketing collaborations intended to increase the price or perceived investment value of the token. All partnerships with third parties are conducted to maintain technical interoperability, liquidity, or transparency within the ecosystem.

The project leadership may interact with third-party service providers, including blockchain indexing platforms, exchange operators, storage providers, or other specialists to support lawful, non-promotional activities. The project makes no promises or guarantees about the performance, reliability, or future availability of third-party systems. All third-party trademarks, services, and technologies remain the property of their respective owners.

Roadmap and Development Phases

This project does not operate on a speculative roadmap and does not promise future development milestones. The project’s primary objective is to maintain operational stability, transparency, and compliance with applicable law. Any technical updates performed by the project team will be limited to maintenance, security improvements, and regulatory compliance adjustments or actions necessary to keep the project operational and stable. These updates will not alter the economic model or introduce staking, governance rights, or additional services that could reclassify this currency as a financial security. The following are examples of activities conducted by the Project and its team:

1. Technical Operations & Infrastructure

This category covers the minimal technical work required to keep the project safely online and usable. Activities must be limited to maintenance, security, accessibility, and compatibility, without adding new utilities, products, or entrepreneurial features that could create a reasonable expectation of future profit.

Permitted Activities

Routine upkeep of informational websites, servers, trade nodes, code repositories, and other software services for information transparency.
Managing domains, SSL certificates, and software licenses.
Conducting non-speculative upgrades limited to bug fixes or compatibility.
Performing security audits and applying patches to maintain user data safety.
Maintain uptime monitoring and disaster recovery to ensure basic project continuity.
Managing central authority wallets, liquidity pools, and automated market makers (AMMs) for market accessibility.
Managing exchange listings, public index listings, and other database listings.
Selling bulk currency to certified and accredited over-the-counter (OTC) resellers for listing on private exchanges or as part of the listing process.
Direct buybacks for bulk currency orders to a central authority wallet that would otherwise incur a large exchange fee or cause market instability, while respecting self-determined trading value and maintaining currency collateralization.

Prohibited Activities

Purchasing promotional, advertising, or airdrop services as part of an exchange or public index listing.
Launching any utilities, apps, or services intended to provide a free or paid community service, increase token value, or attract new investment.
Implementing exclusive access features, subscription tiers, or paywalled functionality that adds new utility.
Implementing features that alter token economics (staking, yield farming, rewards programs).
Creating or paying for “token burns,” “airdrops,” or “rewards” that imply profit or value distribution.
Development of “v2,” “roadmap,” or “expansion” plans implying future entrepreneurial efforts or growth.
Any form of market manipulation, such as using project funds to buy back tokens for speculative price support or growth, thereby preventing the fair market mechanics for self-determined trading or reducing currency collateralization.
Any efforts that would create a reasonable expectation of returns from others’ work beyond what is required for maintenance, stability, and user safety.

2. Communications & Transparency

This category governs all public-facing information related to the project. Communications must remain factual and non-promotional, avoiding any statements that imply investment value, future growth, or financial return to token holders.

Permitted Activities

Operating official social media or websites to share factual updates or project information.
Encouraging community discussion while avoiding public solicitation.
Publicly answering questions factually.
Actioning community rule violations and corrective behavioral moderation.
Publishing educational or informational posts about the project or relevant industries.
Requesting community support for product testing, user feedback, or other information that would assist in meeting accessibility and project safety standards.
Participating in interviews, conferences, or research while representing the project for educational purposes only.
Describing operations, reserves, or liquidity mechanisms factually and without investment language.
Disclosing ownership structure and regulatory filings to the public.
Public donations to third-party organizations that align with the project's mission or provide valuable community services to relevant industries.

Prohibited Activities

Making announcements that are not broadly available, or targeted specifically to a demographic of prospective buyers.
Highlighting price performance, market cap, or growth charts in official communications.
Guaranteeing liquidity availability or offering guaranteed redemption rights to holders.
Promoting the token as an “investment,” “opportunity,” or “store of increasing value.”
Using marketing phrases such as “moon,” “to the moon,” “get in early,” or “before it’s too late.”
Paying for, soliciting, or coordinating marketing campaigns, influencer endorsements, or paid media.
Paying, reimbursing, or compensating third parties (developers, influencers) to promote token price or speculative interest.
Paying, reimbursing, or compensating users to complete actions in exchange for currency, profits, or a return on investment for their time.
Hosting contests, lotteries, giveaways, or incentives that reward participation with tokens.
Donations to projects, events, or services that advertise promotional or marketing benefits as part of a sponsorship package or quid pro quo.
Announcing future price projections, speculative partnerships, or “future token demand.”
Misleading statements suggesting official listings imply SEC or exchange approval.
Representing or implying that token ownership conveys financial return, dividends, or governance rights.
Failing to remove or correct user-generated promotional posts claiming expected profits or financial returns.

3. Administrative, Legal, and Regulatory Compliance

This category covers internal governance, financial controls, documentation, and regulatory obligations needed to lawfully operate the project. These actions must focus solely on responsible stewardship and compliance, not managing funds or operations in a way that implies profit-seeking or investor benefits.

Permitted Activities

Holding funds in transparent, low-risk financial instruments (CDs, government treasuries) to protect reserves - only if no APY or “return” is advertised to users.
Archiving and publishing internal procedures or governance policies.
Maintaining accurate financial, operational, and governance records for audit and inspection.
Retaining third-party vendors and partnerships for accounting, auditing, or compliance.
Filing taxes, maintaining corporate registration, and fulfilling AML/KYC financial requirements.
Paying lawful operational and infrastructure expenses.
Conducting compliance audits or legal reviews.
Correcting any misinformation or false claims relevant to regulatory obligations.

Prohibited Activities

Paying staff, contractors, or third parties based on token price performance.
Making treasury investments designed to generate profit for token holders.
Failing to maintain records of financial or operational decisions.
Distributing profits, bonuses, or rewards derived from token sales.
Granting any voting or equity-like rights to token holders.
Advertising or projecting APY, ROI, or yield from project reserves or operations.
Using investor funds to purchase securities or speculative instruments on behalf of holders.
Structuring pooled investment vehicles or treasury operations that constitute collective investment schemes.
Commingling user funds with for-profit accounts or other funds not used directly for liquidity collateralization.
Failing to correct false claims that the project is “investor-owned,” “profit-sharing,” or “growth-backed.”
Outsourcing managerial responsibility to contractors or advisors whose work could be viewed as entrepreneurial development on behalf of holders.

This maintenance-based structure ensures that this project remains stable, transparent, and compliant as a functional commodity, while avoiding the promotional or speculative behavior commonly associated with investment-driven cryptocurrency projects and for-profit securities.

The list above may be expanded or clarified over time, with more information found on the project website.

Security and Risk Management

Like any project connected to cryptocurrency, risks do not make the project unsafe, but they must be clearly understood and managed carefully to protect its long-term stability.

1. Market Liquidity and Stability

This project relies on having enough buyers and sellers to keep trading active.
If trading slows or stops, it may be more difficult for users to exchange assets for the currency or convert it back into other currencies.
To reduce this risk, the project focuses on transparent pricing and fair appraisals.

2. Collateral and Capital Support

This project is backed by fiat currency and digital assets that hold historical value.
If the project becomes under-collateralized (meaning not enough real value supports the tokens in circulation), the price of the currency could fall.
Regular audits and transparent reporting help ensure that the amount of currency in circulation matches its underlying value.
A historical acquisition may be rejected if it may threaten the project’s collateralization or stability, or present liability toward long-term stability.

3. Technical and Smart Contract Risks

Risks like software bugs, network congestion, or contract vulnerabilities are possible, though unlikely.
All smart contracts used in this project are open source, tested, and monitored for long-term stability.

4. Legal and Regulatory Considerations

This currency is designed as a commodity token, not a financial security.
If regulations change or new laws are introduced, the project may need to adjust how it operates to stay compliant.
Transparency and consistent reporting are key to protecting both the project and its participants.

This project takes a cautious approach to risk management. By focusing on transparency, accurate asset valuation, and responsible liquidity management, the project aims to protect both its participants and the historical assets it represents.

Regulatory Compliance

This project is structured and operated as a commodity spot market token, functioning legally as a memecoin that is not intended to qualify as a financial security agreement or investment contract, or imply an expectation of future profit. The currency is not designed to provide liquidity for securities, unregistered investment products, or entrepreneurial ventures that generate returns to token holders. It does not represent equity in any legal organization or public venture, and it does not convey governance, voting, or revenue rights of any kind.

This project follows the principles outlined in the U.S. Securities and Exchange Commission’s (SEC) February 2025 Staff Statement on Memecoin Commodities, which clarifies that memecoins functioning as spot market commodities—without investor solicitation, profit expectation, or promotional activity—are generally considered compliant with existing federal securities law. This project may be required to follow new or additional requirements outlined by the SEC as information is released.

To read the original SEC’s position on memecoin commodities, see the February 2025 Staff Statement:
https://www.sec.gov/newsroom/speeches-statements/staff-statement-meme-coins

Disclaimers and Legal Notices

This project whitepaper is provided for informational and educational purposes only. It does not constitute an offer to sell, solicitation to buy, or recommendation of any financial product, investment, or security. Participation in the project ecosystem is entirely voluntary and should be undertaken with a clear understanding of the risks associated with digital assets, blockchain systems, and decentralized technologies.

To the fullest extent permitted by applicable law, this project, its officers, directors, employees, contractors, affiliates, and partners shall not be held liable for any direct, indirect, incidental, consequential, special, or exemplary damages arising from:

The use, misuse, or inability to use the currency or related systems.
Technical failures, software errors, network disruptions, or smart contract vulnerabilities.
Loss, theft, or corruption of digital assets, private keys, or access credentials.
Price fluctuations, market volatility, or lack of liquidity impacting the value of the currency.
Actions or statements made by community members or third parties unaffiliated with the project team or its representatives.

Users of the project currency acknowledge and agree that all digital asset transactions are final and conducted at their own risk. The project team may only provide refunds, reversals, or guarantees of value for any completed transaction at its sole discretion.

By participating in the project ecosystem, users agree to indemnify and hold harmless the project and its representatives from any claims, losses, damages, liabilities, costs, or expenses (including legal fees) arising from their use of the currency, violation of applicable laws, or infringement of third-party rights.

The project and its representatives make no representations or warranties, express or implied, regarding the merchantability, performance, or fitness of the currency for any particular purpose. The token is provided “as is” and “as available,” without guarantee of uninterrupted operation or compatibility with any specific exchange, cryptocurrency wallet, or software system.

Nothing in this whitepaper shall exclude or limit liability where such exclusion or limitation is prohibited by applicable law. The project and its representatives comply with all relevant U.S. federal and state regulations, as well as all applicable international law, including consumer protection standards and digital asset disclosure requirements.