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Etergen Whitepaper.Pages ETERGEN WHITE PAPER Executive Summary I. Brief History II. The problem III. Solution – business model IV. Token offer V. Our Accountability with Your investments VI. Timeline VII. Our Team Disclamer The ETERGEN Foundation – Live longer. Executive Summary At Eternity foundation we believe that human life is precious. And we want you and your loved ones to live longer. In fact, we are doing everything we can for it, through supporting scientific research in the field of human life extension. With technology and knowledge our society has now, we all can live a longer, healthier life, only if the needed attention was paid to the financing of the research in the field of life extension. We support international medical and scientific research, aimed at human life extension, with system of grants and investments for the best projects. We believe that significant human life extension can be reached within our lifetime. To finance this research, we offer our own cryptocurrency, THE ETER. THE ETER is state of the art cryptocurrency giving you the lowest cost per transaction and true anonymous security . Not only will the ETER help the mankind to solve the most important question we face, but it will also create great value for all the currency holders, since every project, financed by us, will have a contract obligation to share the profits with all the holders. This will be guaranteed through use of smart contracts utilizing the blockchain technology. "1 ETERGEN WHITE PAPER We will build up the industry of human life extension through introducing cutting edge technology. Our key advantages are: A global project A growing multibillion industry with huge growth potential Real value behind the currency Experienced team with high qualifications Unique idea - there is no other project like this. Your investments fully accountable for I. Brief history Since the beginning of time, life extension has been the ultimate dream for mankind, being mentioned as early as in the Sumerian Epic of Gilgamesh and the Egyptian medical papyruses, all the way through the Ayurvedapractitioners, alchemists, hygienists such as Luigi Cornaro, Johann Cohausen and Christoph Wilhelm Hufeland, and philosophers such as Francis Bacon, René Descartes, Benjamin Franklin and Nicolas Condorcet. However, the beginning of the modern period in this endeavor can be traced to the end of the 19th – beginning of the 20th century, to the so-called "fin-de-siècle" (end of the century) period, denoted as an "end of an epoch" and characterized by the rise of scientific optimism and therapeutic activism, entailing the pursuit of life extension (or life-extensionism). Among the foremost researchers of life extension at this period were the Nobel Prize winning biologist Elie Metchnikoff (1845-1916) -- the author of the cell theory of immunity and vice director of Institute Pasteur in Paris, and Charles-Édouard Brown-Séquard (1817-1894) -- the president of the French Biological Society and one of the founders of modern endocrinology. Sociologist James Hughes claims that science has been tied to a cultural narrative of conquering death since the Age of Enlightenment. He cites Francis Bacon (1561–1626) as an advocate of using science and reason to extend human life, noting Bacon's novel New Atlantis, wherein scientists worked toward delaying aging and prolonging life. Robert Boyle (1627–1691), founding member of the Royal Society, also hoped that science would make substantial progress with life extension, according to Hughes, and proposed such experiments as "to replace the blood of the old with the blood of the young". Biologist Alexis "2 ETERGEN WHITE PAPER Carrel (1873–1944) was inspired by a belief in indefinite human lifespan that he developed after experimenting with cells. In 1970, the American Aging Association was formed under the impetus of Denham Harman, originator of the free radical theory of aging. Harman wanted an organization of biogerontologists that was devoted to research and to the sharing of information among scientists interested in extending human lifespan. In 1976, futurists Joel Kurtzman and Philip Gordon wrote No More Dying. The Conquest Of Aging And The Extension Of Human Life, (ISBN 0-440-36247-4) the first popular book on research to extend human lifespan. Subsequently, Kurtzman was invited to testify before the House Select Committee on Aging, chaired by Claude Pepper of Florida, to discuss the impact of life extension on the Social Security system. In 1983, Roy Walford, a life-extensionist and gerontologist, published a popular book called Maximum Lifespan. In 1988, Walford and his student Richard Weindruch summarized their research into the ability of calorie restriction to extend the lifespan of rodents in The Retardation of Aging and Disease by Dietary Restriction. It has been kn own since the work of Clive McCay in the 1930s that calorie restriction can extend the maximum lifespan of rodents. But it was the work of Walford and Weindruch that gave detailed scientific grounding to that knowledge . In recent years, the discovery of internet accelerated scientific research in all fields, and fundamental discoveries have been made in genetics and medicine, that place us within the reach of a major breakthrough in life extension. However, we do have a major problem that prevents us from it. II. The Problem The problem is the lack of financing and coordination in human life extension . The discovery needed to significantly extend our life span will come from cooperation in different fields of science - the genetics, the biochemistry, the pharmacology. There is no serious effort to develop this cooperation, and there is no planned financing of the most promising research. There is a reason for that. The sad truth is that the government does not want you to live after you reach the retirement age. At this time you become a burden to the social security and medical care system. In fact, if all of us lived 10 years longer, it will most likely bankrupt these systems. "3 ETERGEN WHITE PAPER If you check, how much money the governments are spending on the most important goal the people have, life extension, the answer is shocking. It is zero. The government wants you dead as soon as you are off the work force. There is no broad private effort either. The big Pharma companies are not really interested in you living a long and healthy life. If you think about it, they are interested in profits, so for them your ideal state would be permanently sick( and dead the moment your insurance is not capable to cover the drug payments). The private capital stays away from financing the research because they do not see the immediate and sure return on the investment. There is effort on the part of some companies or rich private individuals , but it is damned by secrecy of the research and narrowness of it. And the worst case scenario for mankind would be, if one of these private secretly funded projects succeeds, making the few extremely rich living longer , and the masses left to die with no access to the discovery. The problem is, put in simple words, that thousands of people are dying hourly, and they should not be. III. Solution - business model The Eternity foundation will organize and finance the scientific and medical research worldwide for the fastest possible development of anti-aging and life extension drugs. We will arrange the financing by distribution of crypto currency ETER , developed by us. That will assure the security and accountability of all the funding. "4 ETERGEN WHITE PAPER The proceeds from the ICO would be used for financing the most promising projects in the field. Each project we finance will have to provide the Eternal foundation with participation in commercial rights for the project work. This way we will create a tremendous value for all the holders of ETER, with distributing it in the currency via the block-chain. We will also invest in raising the public awareness on the importance of work in the field of human life extension. "5 ETERGEN WHITE PAPER distribution of funds from ICO 60% financing the life extension research in medicine, pharmacology and genetics through direct investment, 10% currency market maker 10% network upkeep 5% operating expenses 5% promoting the currency 5% building the public awareness 5% fees and commissions IV. Token offer Initial token offer details Before the ICO, we offer the investors the opportunity to participate in the token offer. 21.000.000 tokens will be distributed, at the cost of 1 ETH = 1000 tokens, 1 BTC = 10000 at the start of the offer. The funds raised through token sale will be used to for ICO preparation . Tokens will be distributed on the first come, first served basis. To buy the tokens, you will have to open a wallet on our website and exchange the tokens for ethereum or bitcoin. The minimum token sale is 100 tokens and the maximum is 10000 tokens. Once the tokens are distributed, we will arrange for them to trade on an exchange. Below is the breakdown of the token sale proceeds distribution 30% developing the currency technology 10%- legal costs 10% - listing the currency and tokens on the exchanges 10% - marketing fees, advertising, social media 20% management team 10% referral program 10% miscellaneous expenses "6 ETERGEN WHITE PAPER The tokens will be offered through our website from march 30 2018 till July 30th 2018, while supply lasts. The tokens can be used for payment for ETERGEN future products and services. The tokens will also give buyers rights to vote using the blockchain technology on the key issues in currency development. Each token holder will be able to participate at the pre ICO offer of ETER currency . V. Our Accountability with Your investments We believe that we have to be transparent with the contributors to the token sale participants as well as the wider community.
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