TOKEN

The Island Development Token

The Genesis project partners with the blockchain to tokenize the agricultural component of the Caribbean economy to lower food to table production costs, while supplying local jobs, creating a viable profit opportunity through export, improving quality of food, and in turn fueling positive economic growth.

This document will outline how the Genesis Token can help resolve this for ever growing problem throughout the world.

LOCATIONS
Project 1: (Antigua)
Project 2: (Jamaica)
Project 3: (Barbados)
Future participating counties

The Genesis Development Token is distributed for 25 cents equivalent ETH/FIAT. The Token will immediately spawn three Island Development Tokens (IDT). The three Island Tokens will be distributed to the GDT holders as outlined below.

With every new project the Genesis Development Token holder receives Additional future Development Tokens for each GDT they hold. The Future Development Tokens will be distributed to the GDT holders as Outlined below. With every new ICOD project, the Genesis Development Token holders will receive 20% of the total allocation of the new project tokens and will be distributed proportionately based on the 20% allocated.

The new tokens will be distributed to the token holders as outlined below.

Repurchasing Plan

Every quarter, 20% of net profits are used to purchase Island Development Tokens (IDT) that are up for sale in the open market. Purchased tokens are burned thus decreasing the total supply of tokens in existence.

All buy-back transactions will be announced on the block chain.

Caribbean eWallet

The Participants can hold their Genesis Tokens, their Island Development Tokens and future Tokens in the Caribbean eWallet.

This allows Participants to buy, sell or hold their Genesis Tokens and their Island Development Tokens. The eWallet also allows users to buy and sell Bitcoin and Ethereum. EWallet users can get loans by using the crypto currency as collateral.

Island Development Token and Future Token Disbursement

The smart contract has a dictionary to store addresses of token buyers and their balances as key-value pairs. So when we are ready to distribute Island Development Tokens, we can store Island Development Tokens in a similar dictionary of Genesis Token Holders and Island Development Tokens amounts to be paid out.

As in a table:
Address1 => IDT 10
Address2 => IDT 5

... And so on.

ERC223 vs ERC20

1. Eliminates the problem of lost tokens which happens during the transfer of ERC20 tokens to a contract (when people mistakenly use the instructions for sending tokens to a wallet). ERC223 allows users to send their tokens to either wallet or contract with the same function transfer, thereby eliminating the potential for confusion and lost tokens.

2. Allows developers to handle incoming token transactions, and reject non-supported tokens (not possible with ERC20).

3. Energy savings. The transfer of ERC223 tokens to a contract is a one step process rather than 2 step process (for ERC20), and this means 2 times less gas and no extra blockchain bloating.

We won't "push" the Island Development Tokens out to token holders. We will place them in lock boxes so we know the Genesis Development Token holders are able to go and receive them.

This is our processprocess

We will "lock" the contract until it's time to distribute Island Development Tokens.

Fund the contract and allocate Island Development Tokens in the dictionary as described above.

The contract owner (CNET Group) needs to call "unlock" function at which point Island Development Tokens are ready to be collected (not pushed out).

Notify token holders that Island Development Tokens can be collected. This needs to be an off-chain process. It could be email, phone call, announcement on the website, etc.

Token holders use the App and with the help of Metamask call a function to withdraw the Island Development Tokens.

This has 2 benefits:

The burden of proof is with the token holder to prove that they have the private key used to purchase the tokens. We can rest assured that the right owner of the tokens has claimed the Island Development Tokens.

Everyone can see Island Development Tokens have been paid out because there's only one way to collect them. The same method works for Future Development Tokens

CNET Group, the Contract owner,"locks" the contract until the next Development Token period.

Mark the contract state as "Island Development Tokens Distributed"

New Development Token Disbursement

This follows exactly the same process. The Genesis Development Token holder is informed of the new distribution.

Token holders use the dApp and with the help of Metamask call a function to withdraw the New Development Tokens.

logo Model

This is a visionaries token - for the long-term. The longer you can hold, the greater potential value distribution you will get.

1
innovations
The GENESIS Token is leading the way into the future by being first to create development coins that will increase in value as the popularity of our initiative expand throughout the world.
2
Bonuses
Only available to GENESIS active token holders who use the GENESIS platform or services. CNET is offering a bonus program to existing GENESIS token holders. Token holders will receive additional development Token from future development coin issued. The value of each GENESIS token will increase as new development Token are issued from each project. eg:
1. G1- IDT (Project Antigua)
2. G2- IDT (Project Jamaica)
3. G3- IDT(Project Barbuda)
3
Proven Business Model
Our business model is one of the most innovative and progressive mobile's in the market place today.
4
Experienced Team with Proven Track Record
Our technical and development team has a proven track record for successful projects across a verity of industries ranging from business, cryptocurrency, land development to financial service.

logo Model

The GENESIS Bonuses Program:

Only available to GENESIS active token holders who use the GENESIS platform or services.

CNET is offering a bonus program to existing GENESIS token holders. Token holders will receive additional development coins from future development coin issued.

The value of each GENESIS token will increase as new development coins are issued. The CNET buy back program will allow Token holders to cash their Token in through our eWallet system.

eg:  1. G1-IDT (Project Antigua)    2. G2-IDT (Project Jamaica)    3. G3-IDT (Project Barbados)



The Longer you hold your GENESIS Tokens the more future Tokens you will receive

The Longer you hold your GENESIS Tokens the more future coins you will recive.

Referral

Join our Genesis Referral incentive program and increase your token wealth. Share your unique referral link with you network of friends and investors.

Start accumulating The Genesis tokens

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Antigua & Barbuda ICOD
Roadmap RoadMap

May 2017

• Planning Hydroponics and Aquaponics complex

• 80 acres of land by way of Negotiate 99 year lease

May 2019

• Commissioning day: CaFan Agriculture Complex construction in production

September 2017

• Agreed to Issue a Power Purchasing Agreement (PPA)

June 2019

• ALFA-B Orphanage Opens

August 2018

• Funding Day

October 2018

• Solar Power Plant with battery backup construction begins

• CaFan Agriculture Complex construction begins

• ALPA-B Orphanage construction begins

January 2018

• Hydroponics & Aquaponics Facility and Mega Farm Facility construction begins

• The CIST Training Program begins day one of operation

Project Antigua Projects

Solar Power Plant

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Hydroponics Plant

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Aquaculture Plant

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Mega Farm

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Agricultural Plant

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Orphanage

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Project Jamaica Projects

Community Tourism

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Hydroponics Plant

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Solar Power Plant

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Project Barbados Projects

CNET Barbados will be developing similar projects as seen in Antigua and Jamaica in the future.

Completed Projects Projects

Renewable

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Engineering and Planning

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Commercial Construction

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Construction

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Electrical

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Caracol Industrial Park Haiti

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Executive Team Executive

Errol Bailey
Errol Bailey
President and Founder
of CNET
Errol Bailey

Errol Bailey

President and Founder of CNET

He is a successful entrepreneur who has worked in various industries including electrical, real estate sales and development, manufacturing, marketing and promotion, and product development and distribution. Bailey is a graduated of the DeVry Institute of Technology. His career achievements include a strong history of successful delivery of on time turnkey results as a contractor. He has distinguished himself and has earned respect in the contracting business ranging from single-family housing to completing mixed-use multi-million dollar projects. Mr. Bailey has established long-lasting professional relationships in the banking, government, entertainment and nonprofit industries. Bailey's leadership and management skills have gained crediability in the Southeast United States and the Caribbean nations.

Clarence W. Hill, Ph.D
Clarence W. Hill, Ph.D
Vice President and Director of Development, Transportation, and Education
Clarence W. Hill, Ph.D

Clarence W. Hill, Ph.D

Vice President and Director of Development, Transportation, and Education

Vice President and Director of Development, Transportation, and Education brings extensive experience in the areas of real property acquisition and development. He has 30 years of entrepreneur experience in architectural design and planning; master planning and related engineering services. Dr. Hill has 23 years of higher education experience as an educator and administrator in the fields of vocational education, engineering, technology, and transportation. Builder types include single and multi-family residential; commercial–supermarket and health care facilities, churches, office and restaurant facilities; educational facilities (public school and university). He served as an advisor on national and local policy and program development matters to the USDOT, State DOTs, the National Congressional Black Caucus, Central Midlands Council of Government, and the Greater Columbia Chamber of Commerce (Small and Minority Business Advisory Committee).

Andy Tollison
Andy Tollison
Director of Engineering
for CNET
Andy Tollison

Andy Tollison

Director of Engineering for CNET

Brings with him more than 20 years professional engineering experience in roadway and pavement projects in four southeastern states and the Caribbean he is an authority on flexible pavement designs, alternative base stabilization, and rural pave-in-place programs. He has served as engineer-of-record for all dirt roads studies in Richland County since 2007 and is engineer-of-record for the Richland County Alternate Low Volume Pave-In-Place program. Tolleson is a lifelong resident of Columbia and holds BS and MS degrees in civil engineering. He has held board license Professional Engineering registration in five states and has significant international experience in Haiti and the Caribbean. He holds post licensure as a Diplomate in the Academy of GeoProfessionals (D.GE). He is accepted into the International Construction Project Management Association (ICPMA), and formerly in the International Society of Soil Mechanics & Foundation Engineering (ISSMFE). He has held four elected positions within the American Society of Civil Engineers (ASCE) – Midlands Branch and is currently a member of the US Chamber of Commerce. He is experienced in flexible and rigid pavement design using AASHTO and FAA design methodology and has made technical presentations on pavement condition rating at International conference in TorontoType your paragraph here.

Dr. Robert E. Hill
Dr. Robert E. Hill
Vice President of Operations and Administration
Dr. Robert E. Hill

Dr. Robert E. Hill

Vice President of Operations and Administration

He has functioned as a sole practitioner of law for some 18 years (retired) and 30+ years in corporate America in senior executive positions including public, private and non-profit sectors. Additionally, Hill served in the capacity of Assistant Secretary of Labor, Divisional Director, Legislative Fiscal Analyst and Legal Council; all for the State of Louisiana. Dr. Hill served the State of South Carolina, Department of Public Safety as Co-Principal Investigator by developing a statewide Hazardous Material Risk Management Plan. He has an earned Doctor of Philosophy in Public Policy and Environmental Law, a Juris Doctor Degree, a Master of Public Administration, and a Liberal Arts Degree in Political Science. He has served on varied Doctoral Committees as well as a total of some 20 years in the capacity of Associate , Research , and Adjunct Professor at South Carolina State University.

Paul McLennan
Paul McLennan
CTO for CNET
Paul McLennan

Paul McLennan

CTO for CNET

Mr. McLennan is a business executive and entrepreneur that has experience in technology, business development, marketing, sales and has managed the life cycle of large technological projects in many industries. As CTO and head of Business development for Casewide corp., he implemented and maintained business processes in D.C. Government's "Office of Procurement (OP)", and Department of Transportation (DOT) by using company’s patented software and object oriented database to plan the life cycle of the software as it pertained to each Governments departments’ business process.

Nicole Murray
Nicole Murray
VP of Business Development
Nicole Murray

Nicole Murray

VP of Business Development

Miss. Murray has extensive experience in project development, strategic planning, marketing, and sponsorship. Throughout her journey, she has carved out a broker and project consultant niche in the areas of project funding, resource alignment and project management in several industries including real estate, content production, events, product launch, and new business development.

advisory Board advisory

team
Cynthia Smith
Board Advisor
team

Cynthia Smith

Board Advisor

Smith, Retired Vice President of New Business Development, Smiths' professional experiences are over twenty five years in the Mail-order, Retail, Fulfillment and Manufacturing industries for Ecometry Corporation. During the twenty five plus years, she was the Vice President of New Business Development and was instrumental in helping to bring the company public in January 1999. She was also responsible for building the Domestic, European and New Technologies Divisions. She also was responsible for advising over 200 users of the Ecometry software system in the launching of their new businesses, global expansions and acquisitions.

team
William J. Savino
Board Advisor
team

William J. Savino

Board Advisor

“Bill” born New York 1970, married with three daughters, attended State University at New York, Pace University and University of Pennsylvania. Serial entrepreneur, business development strategic advisor and lives to help others. President and Board Member of local charitable community associations.

team
Dean Simcock
Board Advisor
team

Dean Simcock

Board Advisor

Dean is a growth hacker & social media influencer with over 5 million followers across his accounts on Facebook, Twitter & Instagram. He has helped grow multiple companies across the tech/digital sector, and has been behind the scenes launching large scale cryptocurrency marketing campaigns since early 2017.

With the ability to drive growth in ways most people would never even dream of, Dean is extremely well positioned to pioneer the growth of Genesis now, and into the future.

team
Nicholas Benegar
Board Advisor
team

Nicholas Benegar

Board Advisor

Having started his career as a marketing expert Nicholas knows the ins and outs of product vision, marketing, and development. Bridging the gap between creating charitable organizations to overseeing profitable projects, It would not be too bold to say that he has been invaluable in building strong products that have sustainable value. He is an expert at guiding a product from an idea in its infancy into actionable concepts, meeting strict timelines, financial and marketing planning, and overall triumphant execution.

team
Stephanie Nickolich
Board Advisor
team

Stephanie Nickolich

Board Advisor

"One of 50 Must-Follow Women Entrepreneurs in 2017" –Huffington Post Stephanie Nickolich has also garnered worldwide media attention being featured by Fast Magazine, ABC, Fox and CEO World. She is a world renowned sales and marketing strategist known to create 7-figure marketing strategies, growth and long term sustainable success plans. Stephanie has made herself known in the tech, startup and blockchain communities as one of the first female pioneers in the space.

team
Audrey Bertens
Board Advisor
team

Audrey Bertens

Board Advisor

Audrey is a serial entrepreneur versed in organization, management, and execution. From designing and operating a haunted house with 50+ employees ,to being a Realtor and trusted advisor to professional athletes and investors with over 5 million in average yearly sales, she has the skills and drive to see her passions turn to success. Audrey is "IBM Blockchain Essentials" and "bitcoin 101" certified. She is a member of IBREA , The Government Blockchain Association Atlanta chapter, and the National Association of Realtors. Audrey prides herself on being a crypto and stock investor/trader and is an active and trusted administrator of stock and crypto investing groups totaling over 60,000 members.

team
Sarah Parker
Board Advisor
team

Sarah Parker

Board Advisor

Sarah Parker is a resident of Sarasota, FL. She has been a crypto-enthusiast for approximately three years. Being an entrepreneur at a young age, when she was first introduced to crypto she began investing her time, and energy in studying the Eco-system of Cryptocurrency. By the time she was 25 years old, She began working with a decentralized crypto peer to peer platform as a business developer and sales manager. She now assists in editing white papers and sale tactics for upcoming ICOs and other crypto-related business. She also works as a marketer and event planner locally.

Press Release News

CNET announces its support to help develop needed development projects in various regions around the world. We aim to develop our first project in Antigua and Barbuda.



Ms. Pamela Thomas of the Caribbean Farmers Networt speaks before the United Nations.

Frequently asked questions FAQ

Initial Coin Offering for Development.

An ICOD funds real projects. and provide badly needed jobs on the Island.

1. Funds will be allocated for operations and the development of the projects.

  • Agriculture Complex
  • Hydroponics, Aquaculture & Mega Farm
  • Solar Facility
  • Children's Orphanages

The Project locations are on the islands of
G1: Antigua & Barbuda.
G2: Jamaica
G3. Barbuda

CA&B Enterprises, Ltd (aka) CNET Antigua and their strategic Partners will be running the projects which has a long and successful history of the development of projects throughout varies industries.

No. This project is a private project, CNET is a privately run consortium of strategic partners in the community development and renewable energy niche. Our mission is to create sustainable communities through a network of building initiatives that focus on sustainability and growth to proliferate development and autonomy of independent countries.

Contact Us Contact

Any questions? Reach out to us and we’ll get back to you shortly.

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