00Important notices
This crypto-asset white paper has not been approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset white paper.
- VLKC may lose its value in part or in full.
- VLKC may not always be transferable and may not be liquid.
- VLKC is not covered by investor compensation schemes (Directive 97/9/EC) or deposit guarantee schemes (Directive 2014/49/EU).
- VLKC gives no right to profits, dividends, interest, redemption or equity in any entity.
- Nothing in this document is financial, tax or legal advice.
- Current status (10 Nov 2026): VLKC can be bought and sold on decentralised exchanges on Solana. The rewards programme described in this document is a plan: it does not exist today, has no guaranteed date and may not happen. There is no active cashback, card, staking, yield or airdrop.
01Summary
Millions of people send money every month between Portugal, Brazil and Portuguese-speaking African countries. They pay fees and spreads and get nothing back.
ValkunCoin adds a rewards layer: the remittance is handled end to end by an authorised institution (payment institution, e-money institution or licensed virtual-asset service provider). When it completes, the user receives VLKC cashback in their Solana wallet.
VLKC is not used to pay for the remittance. The user's money never passes through ValkunCoin. This separation is deliberate: it keeps the money flow inside the regulated perimeter and lets the token work as a loyalty programme.
02The problem
- Cost: fixed fees, opaque FX spreads and chains of intermediaries.
- No loyalty: people who send every month are treated as one-off customers.
- Crypto distrust: many projects promised “bank-free” transfers, ignored AML rules — and were shut down.
- New rules in Brazil: Central Bank Resolutions 519, 520 and 521 (in force since February 2026) require authorisation to provide virtual-asset services and regulate their use in the FX market. Existing operators had until 30 Oct 2026 to apply.
03The solution: VLKC cashback
- 1User sends € or R$ via the licensed partner
- 2Partner runs KYC/AML, FX and delivery
- 3Partner notifies ValkunCoin (signed event, no identity data)
- 4ValkunCoin sends VLKC to the linked wallet
The licensed partner alone owns the payment relationship with the user. ValkunCoin only receives a pseudonymous remittance ID, the corridor and the cashback amount — never identity or bank data (data minimisation).
Cashback rate, per-user limits and distribution schedule will be published before the pilot and may be adjusted, with advance notice on the site and in this document.
04Token characteristics
- Name / ticker
- ValkunCoin / VLKC
- Network
- Solana (mainnet-beta)
- Standard
- SPL Token — classic Token Program, no Token-2022 extensions
- Contract address (mint)
- 8p6NaGkyQ5ksqy3jb2wbMyn4oFe84VQERXkEnBs3gzZA
- Decimals
- 9
- Total supply
- 10,000,000,000 VLKC (fixed)
- Mint authority
- Revoked — no new tokens can be created
- Freeze authority
- Revoked — no wallet can be frozen
- Transfer fee
- 0%
- Previous token (deprecated)
- 4AD6KPe1PDDkK3aUAyX8ZVucR92aji6YzG1D762xHPJd — not the current VLKC
05Tokenomics
| Category | % | VLKC | Use |
|---|---|---|---|
| Liquidity | 45% | 4,500,000,000 | DEX liquidity pools and, later, exchanges |
| Founders & team | 25% | 2,500,000,000 | Long-term team alignment |
| Ecosystem fund | 10% | 1,000,000,000 | Cashback treasury and partnerships |
| Marketing | 10% | 1,000,000,000 | Campaigns and user acquisition |
| Reserve | 5% | 500,000,000 | Contingencies and partner requirements |
| Community incentives | 5% | 500,000,000 | Cashback, ambassadors and consultations |
Cashback is funded from the Ecosystem fund and Community incentives allocations. Treasury and team wallets will be publicly identified, with a vesting schedule published before the pilot.
06Holder rights and obligations
- Utility: receive rewards in the cashback programme and take part in non-binding consultations about it.
- VLKC gives no ownership, corporate voting, dividend, interest or redemption rights.
- There is no buy-back commitment and no price or liquidity guarantee.
- Holders are responsible for safeguarding their wallet and keys and for their own tax obligations.
07Governance
Initially, decisions are taken by the issuing entity. Holder consultations (balance-weighted voting with a prior snapshot) on rewards parameters and new corridors are planned. Results are always advisory only: consultations never confer voting rights or binding decision rights, regardless of any future change in the legal framework.
08Technology
- Solana network: Proof-of-Stake consensus with Proof-of-History ordering; fees typically below one cent.
- Wallet linking via message signing (“Sign-In With Solana” pattern): proof of ownership with no transaction or fee.
- Partner webhooks signed with HMAC-SHA256, timestamp window and idempotency to prevent double payouts.
- Cashback paid from a dedicated treasury wallet, with every transaction publicly traceable.
09Compliance and regulation
- EU — MiCA (Reg. 2023/1114): this document follows Annex I. Before any public offer or admission to trading in the EU, the white paper will be notified to the competent authority.
- Brazil — Law 14,478/2022 and BCB Resolutions 519/520/521: the intended model is that remittances are made by an authorised institution and that ValkunCoin does not provide virtual-asset services to third parties. This framing still has to be confirmed by a lawyer licensed in Brazil.
- AML/CFT: KYC, monitoring and the Travel Rule (Reg. EU 2023/1113) are the licensed partner's responsibility.
- Data protection: GDPR (EU) and LGPD (Brazil). DPO reachable at privacidade@valkuncoin.com.
- Sanctions: the site and programme are unavailable in jurisdictions under EU and UN sanctions.
10Risks
| Risk | Description |
|---|---|
| Market | VLKC is volatile and may fall to zero. The fiat value of cashback can vary widely. |
| Liquidity | Liquidity is currently low and concentrated in a single pool. You may not be able to sell at any time or price. |
| Concentration | A significant share of supply sits in few wallets, including team and treasury wallets. |
| Partner | The programme depends on agreements with licensed institutions, which may not be signed, may change or end. |
| Regulatory | Legal changes in the EU, Brazil or PALOP countries may limit or prevent the programme. |
| Technology | Failures, congestion or attacks on Solana, wallets or ValkunCoin systems. |
| Custody | Losing private keys or seed phrases means permanently losing tokens. |
| Fraud | Fake tokens and sites exist. Always check the official contract address. |
| Tax | Receiving and selling VLKC may have tax consequences in your country. |
11Sustainability indicators
VLKC is issued on Solana, which uses Proof-of-Stake consensus. The climate and environmental indicators required by MiCA (Art. 6(1)(j) and related technical standards) will be published here, based on independent provider data, before any notification.
12Offeror information
- Entity
- ValkunCoin (dados da entidade a publicar)
- Registration
- a publicar
- Address
- Portugal
- Registry
- a publicar
- contato@valkuncoin.com
- Website
- https://www.valkuncoin.com
13Version history
| Version | Date | Changes |
|---|---|---|
| 2.0 (rev. 10 Nov 2026) | 10 Nov 2026 | Corrections: current project status in the notices, official website, governance always advisory, Brazil framing subject to a lawyer's confirmation, BCB deadline of 30 Oct 2026 now passed. No change to the model or token data. |
| 2.0 | 2 Oct 2026 | Single focus on cashback for remittances via a licensed partner. Removed: AI trading, gaming and betting, yield staking, debit card and direct VLKC transfers. MiCA structure, risk and compliance sections. |
| 1.0 | 13 Feb 2025 | Initial (multi-product) version. |