Title:

Blue Umbrella Token: Navigating the XRPL with a Touch of light-heartedness

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Abstract:
This white paper introduces the Blue Umbrella Token (BUT), an optimystic meme token created on the XRPL (XRP Ledger) February 29, 2024. Conceived as a creative community engagement initiative to explore decentralized tokenization and understanding the XRPL, BUT serves as a conduit for learning, fostering community, and embracing the lighthearted side of the crypto space. The paper outlines the token's genesis, its unique distribution model, and its connection to the Wandering Footprint, its vision for an xspectar project and the Wandering hOMe Directory.  

BUT's community-driven approach hopes to use the $BUT to explore Automated Market Makers on XRPL, without the pressure of learning through the use of a valuable digital asset,  emphasizing playful engagement. The launch of the BUT coincides with a marketing campaign for the Wandering Footprint 'the new tin foil hat'.  Insights from the evolution of the Blue Umbrella Token will help shape the future launch and structuring of the XOM token, (an aspiring internal utility token for Wandering Footprint digital initiatives)
Featuring a design with a Guy Fawkes figure under a blue umbrella, BUT raises awareness without specific geographic references. Symbolically, BUT represents anonymous truth-seekers navigating darkness to expose hidden truths and lighting up the dark so that evil has no where else to hide. 
BUT's philosophy intertwines healing humor with serious truth-seeking, challenging the community to laugh rather than cry and to have faith rather than fear new technology and the Global shift in consciousness that we are presently experiencing. It unites a global community against corruption, encouraging discussions and collective curiosity.
Post-distribution, contributors can trade BUT on XRPL, embracing a decentralized approach to determine token value. Importantly, BUT is declared as useless and for entertainment only, rejecting any financial expectations or promises, aligning with the ethos of community-driven exploration within the Blue Umbrella Token ecosystem.

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Introduction:
The Blue Umbrella Token, affectionately known as BUT, was created on February 29, 2024, as a distinctive presence in the XRPL ecosystem. Created with an optimystic approach, BUT's primary purpose is to serve as a learning tool for enthusiasts and a catalyst for community engagement both in the Wandering Footprint projects and the XRP Ledger as a whole. 

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Distribution and Initial Contributions:
Until March 17, 2024, contributors are invited to participate by making contributions to the DISTRIBUTOR WALLET.

To become part of the BUT community, contributors must establish a trustline for BUT on xrpl.services by referencing the issuer account number. Daily, until March 17, 2024, one BUT is airdropped to contributors as a token of appreciation. The final contribution deadline is March 17, 2024, at 11:59 pm PST.

On March 18, 2024, the total XRP contributed will determine the distribution of 80,000,000 BUT among contributors. The equivalent BUT for each contribution will be airdropped into contributors' wallets on March 20, 2024.

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Post-Distribution Trading:

After the distribution on March 20, 2024, contributors are free to sell their BUT tokens for sale at prices of their choosing on the XRPL. This decentralized trading approach aims to facilitate learning about completely decentralized tokens. The intention is to reward early supporters by allowing them to determine the value of their tokens based on what they believe the BUT is worth. This approach aligns with the spirit of community-driven exploration and learning within the Blue Umbrella Token ecosystem.

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Community and Playful Engagement:
While refraining from promising utility or financial gains, BUT endeavors to evoke lightheartedness amidst the crypto landscape. Positioned as a symbol for those identifying with the tinfoil hat crew, standing under the Blue Umbrella of Truth, BUT seeks to foster a sense of camaraderie and playfulness within the community.

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Symbolic Design and Purposeful Connection:
BUT's design, featuring a figure in a Guy Fawkes mask holding a blue umbrella against a backdrop of fire, aims to raise awareness of the fires in Maui and the mysterious survival of certain blue umbrellas and items. Utilizing the hashtag #wherearethechildrenoflahaina, BUT invites contemplation and questions into truth.

Philosophical Representation:
The Guy Fawkes representation in BUT symbolizes the spirit of anonymous researchers and truth-seekers who refuse to accept things at face value. These individuals courageously navigate the eye of the storm, shedding light and truth into darkness and lies. The hope is that, by exposing all truths, evil has no place to hide, leading to the creation of heaven on earth.

In this pursuit of knowledge and truth, the Blue Umbrella Token aspires to ignite curiosity and encourage a collective journey toward a brighter, more informed future.

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Healing Humor and Serious Truth:

Recognizing that humor is healing, BUT acknowledges the difficulty of navigating lightheartedness around serious topics. It emphasizes the importance of laughing rather than crying in the face of horror. The truth, while serious, is presented with a touch of humor to open a less threatening door to truth-seeking. The hope is to demonstrate that many people recognize that things are not adding up, catalyzing discussions around the correlation of fires to SMART cities, lithium mines, or peculiar scenarios of fire behavior.

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Global Community and Corruption Exposure:

BUT strives to unite a global community in questioning the narratives and seeking truth. Whether exploring correlations between fires and broader global issues or unraveling peculiarities, BUT aims to expose corruption worldwide. Through humor, light-heartedness, and a collective pursuit of truth, the Blue Umbrella Token endeavors to build a community that stands against lies and corruption, contributing to a brighter, more informed future.

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Future Plans:

With an eye on the future, the Blue Umbrella Token community aspires to explore the potential of Automated Market Makers (AMMs) on the XRPL. Whether through individual contributor initiatives or collaborative efforts fueled by the initial XRP contributions, the aim is to delve into the intricacies of XRPL AMMs and contribute to collective knowledge in a relaxed ecosystem. 

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NFT - creation and sale:

We hope the initial contributions cover the expenses of the creation of both the $BUT and an NFT or NFT series. We are considering offering the NFT to all those that participated in initial distribution

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Knowledge Expansion and Sister Token:
The insights gained from BUT's journey will play a crucial role in launching the XOM token on XRPL. XOM is the sister token to the OM coin, created on Stellar in 2021 as a utility token for the Wandering hOMe Directory. This evolution highlights the interconnected nature of crypto initiatives within the Wandering Footprint ecosystem, bridging past experiences with future endeavors.

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Marketing Campaign and Token Sale:

As part of a marketing campaign, Blue Umbrella enthusiasts can purchase ''the new tin foil hat" in the form of blue umbrellas available at the Optimystic Market on www.wanderingfootprint.org/optimysticmarket.

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There is no roadmap and there is no promise or expectation that any ecosystem will even be developed for $BUT

$BUT is completely useless and for entertainment purposes only.
For the avoidance of doubt, and without limiting the generality of the above, $BUT is not, and is not intended to:

be a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt;
be designed or intended to be used by any person as payment for any goods or services, whether through the blue umbrella or the Wandering footprint initiatives, Groups or otherwise;entitle holders to exchange BUT for goods or services;
be a representation of money (including e-money);
be a digital representation of a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;
be a capital markets product, security, share, debenture, unit in a collective investment scheme, derivatives contract, commodity or any other kind of financial instrument or investment in any jurisdiction;
represent any shareholding, participation, right (including but not limited to voting rights), title, stake or interest in, or right to participate in business operations of any entity, enterprise or undertaking (including without limitation any member of the Wandering Footprint Group);
represent any entitlement to any voting rights in respect of the “wanderingfootprint” ecosystem as described on the websites, www.wanderingfootprint.org,  and any webpages hosted thereon (“Websites”) as a whole;
represent any entitlement to fees, dividends, revenue, profits or investment returns;
represent any rights under a contract for differences or under any other contract the purpose or purported purpose of which is to secure a profit or avoid a loss;
be refundable or exchangeable for cash (or its equivalent value in any other digital asset); and/or
represent any indebtedness.

There is no guarantee and no commitment to list BUT on any exchange.