{"id":476,"date":"2023-01-19T21:39:49","date_gmt":"2023-01-20T02:39:49","guid":{"rendered":"https:\/\/reaper.financial\/?page_id=476"},"modified":"2023-11-04T19:50:21","modified_gmt":"2023-11-04T23:50:21","slug":"rpr-white-paper","status":"publish","type":"page","link":"https:\/\/www.reaper.financial\/rpr-white-paper\/","title":{"rendered":"RPR White Paper"},"content":{"rendered":"\t\t
REAPER FINANCIAL LLC<\/strong> When Satoshi Nakamoto created Bitcoin, he wasn\u2019t simply designing a financial program. Bitcoin was the first \u2018solid\u2019 object in a digital universe. Whether Satoshi Nakamoto was fully aware of it or not, in the creation of successful Cryptocurrency he became the grand architect of a burgeoning universe. Though the digital universe or Metaverse may be grand and beautiful, there are lessons from our own universe that we must heed. Permanence breeds contempt. If we lived forever in our current life, would we still value life? Or, as Reaper Financial contends, does death itself give value <\/b>to life? It took millions of years for the Earth to learn this lesson and evolve the bacteria necessary to decompose fungi and plants, but in that decomposition was the nutrients, minerals, and DNA that gave birth to new forms of life.\u00a0<\/p> The digital universe has been flourishing with unchecked growth in the same way as the failing fiat system. Without the duality of life and death it has become polluted, full of waste and projects that harm the health of the ecosystem, and far worse have at times victimized those who spent their finite time and resources on them. The Reaper understands that death is also sanitation; a universe, nation, or city can only reach its true potential when there is a mechanism for maintaining sustainability. Death is the natural order by which creation is maintained.<\/p><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t Reaper Financial provides an economic engine through which those who are wise will use their share of RPR tokens to vote on the destruction of their debtor accounts or digital tokens. One RPR token equals one vote. On a monthly basis Reaper will increase the total supply by one million tokens and sell that supply at market value. The one-million tokens is distributed by the number of Reapings per month. 100,000 newly minted tokens are sent to Reaper Financial as tokens to be used at the company\u2019s discretion; this ensures long-term sustainability and ecosystem support. 900,000 are sold at market per month to generate Reaping and DRIP funds. 50% of the sale proceeds from the release of RPR are used to buy at market price<\/b> the tokens in equal shares per RPR vote. All tokens or debts that receive votes will be Reaped relative to the number of votes received. The tokens acquired at market value are then Reaped, i.e. Burnt, Blackholed, or Permanently Disposed of. Reaping addresses are published for record allowing for analysis and proof of the Reaping.<\/p> Tokens acquired that would lose greater than five percent of the holding in transfer fees are held until the cost of the burn transaction is less than five percent.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t REAPER FINANCIAL LLC<\/strong> You get to vote based on your RPR holdings 1 RPR: 1 Vote<\/p><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
AN XRP LEDGER PROJECT<\/strong>
9900 SPECTRUM DRIVE<\/strong>
AUSTIN, TEXAS 78717<\/strong>
UNITED STATES OF AMERICA<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tREAPER WHITE PAPER v3.1<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
CONCEPT<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE I \u2013 REAPING<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE II - Distributed Reaper Income Payments - DRIP<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE III \u2013 Every Vote Counts<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE IV \u2013 Debt Reaping<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE V \u2013 Stable Foundations<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE VI \u2013 Charting a Course<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE VII \u2013 Developing Nations<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE IIX \u2013 Representation without Taxation<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE IX \u2013 Ending the Fed?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
PHASE X \u2013 The Next Generation<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
AN XRP LEDGER PROJECT<\/strong>
9900 SPECTRUM DRIVE<\/strong>
AUSTIN, TEXAS 78717<\/strong>
UNITED STATES OF AMERICA<\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\tREAPER LITE PAPER<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
Phase 1: Reaper Buys and Burns other Tokens<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
Phase 2: Reaper Pays Passive Income<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t