$BEANIE Litepaper v0.1

Abstract

Our strategy is to leverage bags.fm's unique fee allocation mechanism to attract Ty Inc.'s attention by redirecting a significant portion of trading fees to Ty Inc. designated official X account. If successful in generating a substantial community and trading volume, the accrued fees go to @TyInc as a tangible offer to fund the development of a comprehensive Web3 ecosystem, including limited-edition NFTs and "phygital" collectibles, a decentralized autonomous organization (DAO), an animated series, and more.

This is a grassroots movement to demonstrate the immense demand for a Beanie Baby-themed Web3 experience and to invite Ty Inc. to partner with its most passionate fans.

1. Introduction: The Beanie Baby Legacy, Reimagined by the Community

The Beanie Baby phenomenon of the 1990s was a testament to the power of community, collectibility, and scarcity. Today, that legacy lives on in the hearts of millions of collectors and fans. The rise of Web3 has created a new landscape for community-driven projects to build value around beloved intellectual property (IP), as demonstrated by projects like Pudgy Penguins and Baby Shark Universe.

Our initiative, $BEANIE, is an attempt to bridge this gap. We do not have permission from Ty Inc. to use their IP, but we believe in the power meme/web3 communities to demonstrate overwhelming demand. By launching on bags.fm, we create a token with a transparent, community-centric, and fair launch process. The real innovation lies in our strategic use of bags.fm's fee mechanism, which allows us to convert our community's trading activity into a direct and undeniable financial proposal for Ty Inc. It's not often in web3 we can create a community movement like this from a fair launch, we hope you all see our vision!

2. Vision: The $BEANIE Ecosystem - A Call to Partnership

Our vision is a self-sustaining ecosystem built for the fans, by the fans, with the ultimate goal of partnering with Ty Inc. The ecosystem will include:

• A Community-Driven Token: A memecoin with a fair launch that serves as the foundation for our movement.
• "Phygital" Collectibles: A comprehensive plan for linking physical Beanie Babies to digital NFTs.
• Community Co-Creation: A DAO that empowers the community to design and narrate future Beanie Babies.
• An Animated Series: A creative plan to use our animation expertise to bring TyInc Beanie lore to life, attracting a wider audience and improving TyInc current social media metrics.

3. The $BEANIE Token (Memecoin)

3.1. Tokenomics and Utility

Bags.fm sets a standard token supply for all projects launched on its platform, ensuring a level playing field. This fixed supply will be the foundation of $BEANIE.

Initial Utility - A meme with a mission:

The initial utility of the token is to serve as a symbol of our collective effort a/k/a we just a memecoin bruh... and a vehicle to generate trading fees for Ty Inc. However, if our partnership proposal is accepted, the token's utility will expand to include:

• Purchasing exclusive NFTs
• Staking rewards and governance within the DAO
• Access to exclusive content and merchandise

3.2. bags.fm Fee Allocation Strategy

This is the core of our strategy to attract Ty Inc.'s attention. Bags.fm allows a portion of the trading fees from a token to be redirected to a designated X (formerly Twitter) account.

The Proposition: The more people who buy and sell $BEANIE, the more fees will accumulate for Ty Inc. This creates a quantifiable metric of community demand. The 10% directed to @TyIncWeb3 will be used for initial ecosystem development, including DEX updates, small marketing campaigns to support our "raids" on @TyInc, giveaways, and strategic buys and burns.

This dual-purpose fee structure allows us to demonstrate tangible community support while also bootstrapping our efforts. We will publicly raid @TyInc, asking them to acknowledge the fees and partner with us to use them to build out the full Web3 ecosystem. This transforms a speculative memecoin into a tangible, community-funded proposal.

4. NFT Drops: A Future Co-Created with Ty Inc.

Our NFT strategy is a blueprint for what is possible with Ty Inc.'s partnership. We believe this plan is compelling enough to entice them.

4.1. The "Phygital" Innovation

We propose a system where new limited-edition physical Beanie Babies come with a scannable tag that allows the owner to mint a digital twin NFT on Solana. This would be a groundbreaking "phygital" experience that revitalizes the brand for a new generation.

4.2. Gamified Community Co-Creation

• Submission Portal: If the partnership is formed, we will build a portal where NFT holders can submit Beanie Baby designs and backstories.
• DAO Voting: The community will vote on submissions, and the winners will be produced by Ty Inc.
• Animated Series: The best community-created designs and stories could be developed into an animated series, providing a massive incentive for community participation. We will hire reputable creative firms to handle the artwork and animation for these projects.

5. Our Community-Led Strategy

A viral approach to gain attention.

Working alongside community artists who believe in the vision and mission, once we have more funding we can work with artists who previously helped Pudgy Penguins and other notable projects to help build their artwork collections. Helping to make $BEANIE a bags.fm success story.

5.1. The "Community Call-to-Action"

Our mission will not just focus on the memeable nostalgia, but on the story: "Help us get Ty Inc.'s attention. Trade $BEANIE and help fund a new era for Beanie Babies."

• Animated Teasers: We will commission reputable firms to create short, nostalgic-themed animations and viral videos for TikTok and X that end with a call-to-action to join the movement.
• Grassroots Marketing: We will engage with Beanie Baby collector forums, nostalgia pages, and Web3 communities to spread the word about our unique proposition.
• Transparency: We will openly track and report on the accumulated fees in the @TyInc X account, creating a live, public scorecard for our movement.

6. Priorities & Milestones

Our success is dependent on our strength as a community and, initially, our trading volume on bags.fm!

First Priorities: The Launch Phase

• bags.fm Launch: Mint $BEANIE on bags.fm and set the fee allocation to the official @TyInc X account.
• Litepaper Publication: Release this Litepaper and build upon from community discussion after launch.
• Community Building: Build our X and Telegram communities towards raiding @TyInc on socials to get their attention!
• Website Rebuidl: We wanted to focus the project on the litepaper at launch, as folks usually don't read. We are building out a website/dapp to go live shortly.
• CMC/CG Attaining coinmarketcap and coingecko listings to soldify us as $BEANIE to the masses outside the trenches.
• DAO Interim: We will organize our initial DAO using RealmsDAO setup as its fast and easy, should we require more custom DAO contracts we will buidl it out whilst our $BEANIE RealmsDAO is being used!

Future Milestones: The Partnership Phase (If Successful)

• Ty Inc. Acknowledgment: Ty Inc. acknowledges the accumulated funds in their X account and opens a dialogue with our community.
• Establish TyIncWeb3 Non-profit entity.
• Formal Partnership: A partnership is established, and the community-accrued funds are used for development. We will work with top-tier development and creative firms to execute the next phases.
• Whitepaper Release / Update Working alongside TyInc we will fine-tune our Litepaper into a more technical whitepaper to move forward with our collaborative plans!
• Viral Campaign: Kick off the social media campaign on X, Instagram, and TikTok to drive awareness.
• NFT & DAO Rollout: We build and launch the "Phygital" NFT system and the DAO for community co-creation.
• Ecosystem Expansion: We begin to develop the animated series and other long-term projects outlined in earlier in this Litepaper.

7. Conclusion: The Community's Offer

The $BEANIE initiative is a testament to the passionate and creative spirit of Web3. It is a bold, transparent, and quantifiable offer to Ty Inc. to show the immense demand for a Beanie Baby Web3 ecosystem. By using bags.fm, we are not just launching a token; we are launching a movement.

The accumulated fees are a promise of community support and a clear path to building a new and exciting future for Beanie Babies. This is an invitation from a grateful community to its beloved brand to build something truly special together.