GBURN Review
GBURN
grovecoin.io
If your website is on the scam list and you think that you are not a scammer, contact us. After you provide us with all the proof that you are in Crypto World with good intentions, we will delist you. Usually, you get in this category because you are hiding your team, you have a bad reputation(you are tricking, deceiving, scamming people), and you haven't got a written project whitepaper or is a shitty one....
Their Official site text:
- Whitepaper -
Where Technology Meets Green
GroveCoin
©
Whitepaper v.1.7 May 2023
GroveCoin 2023©
THE GROVECOIN MISSION
GroveCoin is on a mission to create wealth and prosperity for all individuals by
leveraging the potential of a secure and decentralized digital currency while
prioritizing environmental consciousness.
With a deep commitment to environmental sustainability, GroveCoin aims to
address the consequences of past ecological harm by providing compensation
to nature. By doing so, GroveCoin seeks to restore balance and contribute to a
healthier and more prosperous future for everyone.
Through its innovative approach, GroveCoin envisions a world where economic
growth and environmental well-being go hand in hand. By embracing a
sustainable mindset and actively taking steps to mitigate past abuses,
GroveCoin is dedicated to creating opportunities that benefit both individuals
and the planet.
Join GroveCoin on this transformative journey towards a future where crypto
investment is aligned with environmental stewardship. Together, we can build
a more sustainable and inclusive economy for the benefit of all.
3.1 Grove investment Portfolio &
Acquisitions
3.1 a: Renewable Energy
3.1 b: Solar Technology
3.1 c: Hydroponic Farming
3.2 Donations
4.1 GroveKeeper© Green Digital Wallet
4.2 GroveX© Green Digital Wallet
8.1 Token Distribution
8.2 GroveBlockchain Connection Details
8.3 Network Validators
1.0 Introduction
2.0 The Grove Team
3.0 The Grove Philosophy
4.0 The Grove DeFi Ecosystem
5.0 GroveCoin Network
6.0 Grove Smart Contract
7.0 Grove Audit
8.0 Tokenomics
9.0 COMMUNITY SUPPORT AND
ENGAGEMENT - THE 'GROVE GREEN ARMY'
10.0 Road Map
GroveCoin 2023©
TABLE OF CONTENTS
1.0 INTRODUCTION
Grove Green Plan
Traditional cryptocurrency mining methods,
including high energy consumption and the
generation of electronic waste, pose extensive
environmental challenges. As the world is
shifting towards greener solutions to address
climate change, the current public perception
of cryptocurrency often obscures its vast
potential to drive transformative change.
The Grove Green Plan is GroveToken's
initiative to change this perspective and unlock
the latent promise of cryptocurrency. It serves
as a blueprint for the hybrid 'green crypto'
blockchain ecosystem and the eco-friendly
investment business that GroveToken is
dedicated to building. Their ultimate mission is
to promote a future that is healthier and more
prosperous for everyone.
GroveCoin ($GRV), as the native coin of the
'Proof-of-Authority' Blockchain of the same
name, offers a token supply protocol that
contrasts with the environmentally damaging
'Proof-of-Work' mining approach. The
GroveCoin blockchain creates a
comprehensive ecosystem of digital finance
utilities and opens up opportunities for other
projects to develop on the same network. The
mutual support between the GroveCoin
network and the GroveBusiness model
enables exposure and synergy amidst the
vibrant and expanding markets of crypto and
sustainable technology.
GroveKeeper, the digital asset wallet, offers
investors a secure and user-friendly platform to
acquire and hold their cryptocurrencies and
NFTs. With multi-layered insurance and access
to a DApps browser connecting to the
GroveSwap DEX, GroveKeeper is designed to
maximize usability while leveraging cutting-edge
cybersecurity measures for user protection.
As the pinnacle of GroveCoin’s Digital Finance
utilities, the GroveX CEX provides a robust,
intuitive exchange platform for both novice
investors and seasoned industry professionals.
Offering access to spot and futures trading,
integration with the GroveCoin DeFi dashboard,
and the unique 'GreenOasis' support program
for fellow 'green crypto' projects, it fosters a
collaborative network of projects committed to
environmental or humanitarian objectives.
Thus, it brings together diverse initiatives
seeking a better world under the united banner
of Grove.
GroveGold ($GRVG),a digital asset backed by
actual gold, serves as a bridge between the
time-tested reliability of precious metals and the
pioneering potential of blockchain technology.
1 GRVG = 0.02G of Gold.
GroveCoin 2022©
GroveCoin 2023©
Social Media Strategist Master in Telecommunication Engineering.
Highly experienced and driven Retail Business
Leader, passionate about building and
developing teams and achieving exceptional
business
outcomes. Over five years of experience in the
crypto world.
We are a team of professionals and entrepreneurs, known to be the best in the field.
With over one hundred years of experience in:
Having achieved consistent success, we are excited to revolutionize Green Crypto
growth and generate sustainable revenue and profits.
Social Media Strategist Business leader with over 30 years experience
in retail operations, national product
development, marketing, and large format
Retail Franchise Director. Passionate about
people and creating outstanding Customer
Experiences organically leading to outstanding
business success
NOUHA ELMASRI
CHIEF MARKETING
OFFICER
Social Media Strategist
Marketing and content development leader
with over seven years experience in B2B and
B2C marketing, public relations, content
creation and community engagement.
Passionate about empowering and supporting
teams to think innovatively and deliver
outstanding results.
JOHN GHEMRAWI
CHIEF EXECUTIVE OFFICER
CARLO DI CLEMENTE
CHIEF OPERATING
OFFICER
2.0 THE GROVE TEAM
Retail Operations, running multi-million dollar businesses, Computer
Engineering, Accounting, market analysis, Sales, Marketing, cryptocurrency research and
trading, talent development, HR, app development, IT, and Graphic Design.
GroveCoin 2023©
3.0 GROVE PHILOSOPHY
What We Do Today Defines Our Tomorrow
The GroveBusiness investment approach not only
funds the exploration and creation of burgeoning
sustainable technologies and products but also
aims to deliver them.
For instance, the GroveCoin's 'Future Farming
Solutions' initiative was launched in October 2022
with a mission to provide necessary tools and
products to tackle escalating food scarcity issues.
The reciprocal relationship between the GroveCoin
network and the GroveBusiness model ensures
mutual growth, creating a powerful synergy
between the vibrant, expanding realms of
cryptocurrency and sustainable technology.
The Grove Green Plan was established with a
commitment to foster digital consciousness
regarding its impact on our natural ecosystem.
The GroveCoin blockchain intends to enable billions
of people to participate in digital transactions
securely and efficiently, while also being mindful of
their environmental footprint, thereby nurturing
prosperity for its stakeholders.
GroveCoin is
projected to
become the
flagship ecofriendly project
focusing on
greener and
more efficient
ways of using
digital currency
in our day-to-day
lives.
GroveCoin 2023©
3.1 INVESTMENT PORTFOLIO
& ACQUISTIONS
3.1a Renewable Energy Market
Renewable energy is the bedrock of our planet's future, acting as
the focal point in the worldwide objective of curbing CO2
emissions and forging a cleaner, greener future for everyone.
Our long-term 'Green Plan' centers on technologies that can
lower emissions and stimulate job creation. To this end,
GroveCoin will channel a portion of all transactions back into
green industries and companies. This strategy not only fortifies
our brand but also yields returns for our stakeholders.
3.1b Solar Farming & Grove Energy Solutions
Solar is an efficient form of energy and a renewable solution,
lowering growing greenhouse emissions by reducing demand for
coal-fired power.
On February 3rd 2023, GroveCoin formally announced the
formation of 'Grove Energy Solutions' with Australian solar
provider WAEnergy to provide global clean energy solutions
through solar panel installation and Power Purchase Agreements
(PPA) providing decentralised power contracts from 5 to 30 years
in length to individual and organisations while also driving brand
awareness of the Digital Finance Ecosystem.
Grove seeks to capitalize and invest in the rapid evolution of the
solar market, while also investigating the many potential roles and
uses of blockchain technology in the green energy revolution.
A report from Allied Market Research states that; “the global
solar energy market was valued at $52.5 billion in 2018 and is
projected to reach $223.3 billion by 2026, growing at a CAGR of
20.5% from 2019 to 2026.”
 3.1c Future Farming Solutions
Focused on Hydro & Aeroponic farming solutions at residential,
retail and commercial scales Grove is looking to increase
accessibility to products and technologies that will allow the world
to tackle rising food scarcity.
Grove will provide a platform to support nations who have a high
reliance on imports to have more environmentally conscious and
self sufficient farming methods for the production of their own
fresh produce.
GroveCoin 2023©
3.2 DONATIONS
The Grove Green Plan
Cultivating environmental preservation
Improving the health of our planet while addressing resource scarcity
Generating internal wealth by making our world safer
Grove will bring cryptocurrency giving initiatives together to maximize social
and business impact. All holders in the Grove community will be a part of
increasing social awareness for the preservation of our planet.
Our Grove philosophy aligns with:
Transparency underpins all operations at Grove. As such, GroveToken will
provide regular updates to all GroveCoin holders to show the development of
our Green initiatives.
GroveCoin 2023©
4.0 THE GROVE DIGITAL
FINANCE ECOSYSTEM
4.1 GroveKeeper Digital Wallet
GroveKeeper, our digital asset wallet, presents a secure and
user-friendly platform for investors to acquire and manage their
cryptocurrencies and NFTs. It comes with multiple layers of
insurance and provides access to a DApps browser, facilitating
connectivity to the integrated GroveSwap DEX and platforms for
staking and farming, thus offering passive income opportunities.
Designed to prioritize usability, GroveKeeper employs cuttingedge cybersecurity techniques to safeguard users. It stands out
with its array of features, including:
- Minimal transaction fees, reducing the cost of operations.
- Lower energy consumption by eliminating mining and, thus,
the need for third-party verification.
- Several layers of insurance, offering enhanced asset
protection.
- Project ranking based on a variety of metrics, facilitating
informed decision-making.
- Tokenomics distribution methods designed to mitigate adverse
chart impact.
©
TThe GroveCoin blockchain will underpin GroveX, facilitating
holders to transact digital assets while taking advantage of
price fluctuations with low transactional expenses.
A unique element within GroveX is the 'GreenOasis' program.
This initiative lends support to 'green crypto' projects
associated with GroveCoin, providing them with assistance
and incentives for partnerships. Harnessing the robust brand
reputation of GroveCoin, these environmentally conscious and
potentially specialized projects have the opportunity to
achieve wider market exposure and recognition.
4.2 GroveX Centralized Exchange
©
GroveToken 2022©
The GroveCoin Chain is a EVM-Compatible Proof-ofAuthority Network.
5.0 GroveCoin Network
GroveCoin GRV Chain
0xF33893DE6eB6aE9A67442E066aE9aBd228f5290c
Although cryptocurrency is a young
industry many regard the Ethereum
(ETH) blockchain as a fundamental
cornerstone; retaining the second
highest native coin (Ether) by market
capitalization behind only Bitcoin.
It boasts a broad and versatile network
architecture for developing Web3 utilities
and well-known open source design
making it easy to integrate into effectively
all data structures. For these core
reasons that the GroveCoin blockchain
will be developed as a hard fork of the
ETH structure and then look to grow
along its own, unique path.
With the success of the 'Merge' in
September 2022 the Ethereum network
successfully transferred its service in a
live environment from a Proof-of-Work
block validation consensus to Proof-ofStake. Increasing the overall network
security and cutting it's net energy
consumption by 99% by no longer
requiring mining of blocks.
This event demonstrated not just the
robustness of the platform but a clear
example of how cryptocurrency had
much to gain in progress towards mass
adoption by moving towards greener
initiatives and practices. The unity and
shared potential of sustainability and
blockchain technology is the core ethos
of GroveCoin as a business.
The capacity to develop and execute
Smart Contracts in the same style as
Ethereum on a less-burdened and thus
more fee optimizer network is another
core advantage of the GRV blockchain.
These smart contracts allow developers
to design their DeFi projects specifying
elements such as supply and tokenomic
tax structure to tailor to their specific
needs on an established, secure and
accessible structure. In return the native
Coin of the network is used by investors
to execute transactions increasing it's
overall trading volume and value.
GroveCoin 2023©
The Smart Contract is one of the
fundamental components within a
financial blockchain. GroveCoin’s
contract serves as the digital
agreement between engaging parties
that are subsequently stored in the
blockchain, solidifying prior
transactions.
These contracts may be determined
between two parties, through peerto-peer (P2P), Person-to-Organization
(P2O) and person-to-machine (P2M)
business.
Research shows that Ethereum
based smart contracts have an
approx. 3 per cent failure rate,
meaning that even with smart
contract audits, failures can still arise.
However, smart contract bugs can be
prevented.
Crypto Currency
6.0 GROVE
SMART
CONTRACT
Blocks are produced by approved
validators staking their assets to the
network
Validators randomly take turns to
produce blocks in a PoS manner
Validator set and efficiency is based
on on the quantity of staked coins
or tokens and each block requires
multiple validators to approve
Stakers are rewarded for their
contribution to the network with a
proportional amount of the staked
asset.
GroveCoin Smart Contract Technology
will utilize Proof-of-Authority (PoA) as a
block consensus mechanism, so that:
1.
2.
3.
4.
GroveCoin’s Smart Contracts work
similarly to those on popular networks,
whereby once a given criteria is fulfilled,
the financial contract is automatically
performed and the holder’s assets
transfer into digital currency.
GroveCoin 2023©
7.0 GroveCoin
AUDIT
Ensuring Security
The GroveCoin network has undergone thorough
auditing by Certik, a leading global identity
verification company that helps online businesses
prevent fraudulent activities and ensure regulatory
compliance. This audit confirms the network's
security and performance, providing investors with
confidence. As a result, staking and farming
functionalities are now available across all network
chains of GroveCoin (BSC, ETH & GRV), further
enhancing investment opportunities.
Audit Link:
https://skynet.certik.com/projects/grovecoin
Accuracy, transparency and security are integral
goals for all smart contract networks. Grove will
continue to validate the integrity of its smart contract.
Code audits will systematically and manually review
the code on blockchain development projects using
static code analysis tools in order to pinpoint errors
in the code.
GroveCoin will take all steps to ensure that contracts
pegged to financial assets and NFTs aren’t
susceptible to any external threats.
Source: https://www.certik.com/ 2022
GroveCoin 2023©
A Platform for the Future
8.0 TOKENOMICS
The same token can circulate via cross-chain communication bridges.
Total circulation of the same token should be managed across all three networks.
GroveCoin can be created as a BEP20, ERC20 or GRV20 protocol token.
The native GroveCoin of the same-name network will have 0 Tokenomics, meaning no
tax rate beyond network fees will be charged on transactions. This structure means
other tokens or DeFi projects are incentivized to build on the GRV network and impose
their own tokenomics structure for Engage-to-Earn mechanisms without fear of creating
a compounding tax effect with the native Coin.
| $GRV IS A PLATFORM FOR THE FUTURE OF DIGITAL FINANCE |
GroveCoin holders are invited to play an integral role through community engagement
on future developments within the GroveCoin Digital Asset ecosystem.
GroveCoin 2023©
8.1 Token Distribution
Below are the connection details for the GroveCoin native network, including both the live
mainnet and testnet for developers to securely develop and test the functionality of their smart
contracts in a 'sandbox' environment.
A faucet is also included to generate testnet GRV coins with which to test network fees and
contract responsiveness.
GRV Contract Address (All Chains): 0xF33893DE6eB6aE9A67442E066aE9aBd228f5290c
Default Decentralised Exchange: https://app.groveswap.io/swap
8.2 GroveBlockchain Connection Details
GroveBlockchain Mainnet Network
Name: Grove
URL: https://mainnet.grovechain.io
ID: 770077
Symbol: GRV
Explorer: https://grvscan.io
8.3 Network Validators
The GroveCoin network will allow for investors to create nodes on the network and apply
to become validators through a KYC process. These authorised nodes are used to
validate transactions on the blockchain and as such are a core part of the growth of the
platform. These validator slots will be opened to individuals or organisations as required
by network demands.
As a Proof-of-Authority network, these nodes will have to be validated by GroveCoin and
act with fellow validators to approve transactions as per the QBFT-PoA model. This
validation structure increases the overall security and integrity of the network while also
addressing the potential centralization issues that can occur in traditional PoA
structures.
GroveBlockchain Testnet Network
Name: Grove
URL: https://testnet.grovechain.io
ID: 770077
Symbol: GRV
Faucet: https://faucet.grovechain.io/
Explorer: https://grvscan.io
GroveCoin 2023©
Involvement and
consultation are
the hallmarks of
a thriving digital
community.
Investors are
empowered to
have their say on
upcoming events
and promotions
9.0 COMMUNITY SUPPORT
AND ENGAGEMENT - THE
'GROVE GREEN ARMY'
Fostering Investor Confidence
Markets and listings
New community channels
Future initiatives and investment priorities
Merchandise
Promotions
GroveCoin is dedicated to building a
successful and thriving community
underpinned by the principles of support and
collaboration.
Through collaborative co-creation, our
investors - the Grove Green Army - are
empowered and their voices are heard.
Together we're able to enact transformative
change and deliver the products, services and
upgrades our community wants and needs.
Investors are consulted on:
GroveCoin 2023©
10.0 ROADMAP
Cultivating Sustainable,
Enduring Progress for the
Entire Grove Community
Our roadmap is anchored in three
fundamental principles: enabling
financial autonomy, advancing
redistributive crypto technology, and
establishing a platform for people to
contribute to environmental
conservation through a decentralized,
scalable, and secure open-source
network.
Please note that this timeline presumes
a smooth progression of development
without major obstacles. Should any
delays arise, they will be promptly
communicated to the Grove
community as a priority.
GroveVillas
Grove Franchise
Stores
Grove
P2E Trailer
Construction
GroveX Launch
NFT Marketplace &
Partnerships
Marketing Blitz
for GroveSwap
and GroveX
GroveCoin, DEX &
Wallet Launch
Webstore Launch
New Era Metaverse
Partnership
Sustainable
Farming Solutions
Multiple Top 10
Exchange Listings
Dubai HQ Designs
Dubai Royal
Family Member
Partnership
GroveToken BSC
Launch
LaunchedStaking
&Farming
GroveCoin 2023©
CONNECT WITH US
GroveCoin operates as a digital finance-driven investment entity. The
GroveCoin $GRV is a digital asset that currently holds no rights, except for
governance privileges.
Any previous statements indicating potential advantages of holding $GRV
should be regarded as purely speculative. Acquirers of $GRV have no actual,
contingent, or prospective entitlement to any such benefits and should,
therefore, harbor no anticipation or expectation of any such benefits being
conferred upon them.
Any individual contemplating the acquisition of $GRV should consider seeking
independent counsel. Grove strongly advocates for individuals to conduct their
own due diligence. We do not provide any financial advice.
Regarding crypto investment risks, it's important to note that the value of
cryptocurrencies can be extremely volatile and unpredictable, which can
result in rapid and substantial losses. Investors should be aware that they
could lose all or part of their investment. We encourage potential investors to
understand the nature and risks associated with cryptocurrency investments
and to seek advice from an independent financial advisor if necessary.
DISCLAIMER
www.GroveCoin.io
https://linktr.ee/GroveCoin.GRV