BitJim's Crypto Careity
The Community Business Model That Makes VCs Cry
This is the kind of document everyone loves - except VCs. Why? Because it's too good for the people. BitJim isn’t built for suits or insiders. It’s built for long-term thinkers, believers, and everyday users who are sick of being exploited by yet another fake DAO or greedy DeFi gimmick. We’re flipping the script: 100% to the community, 0 hype, no private sales, no VC control. Code rules. No exceptions.
More Than a Motto: What "Kind and Fair" Really Means
BitJim’s foundation is not just built on code - it’s built on principle. While others promise you freedom and deliver centralized control, BitJim aims to become the first crypto ecosystem organized as a "Careity" - our own invented term combining care, community, and continuity.
What is a Careity?
A Careity is a new kind of model: not a company, not a DAO, but a smart-contract-driven public good with real ownership, real returns, and no hidden backdoors. It is:
For the long-term: Value is returned to users who commit, not speculators who pump and dump.
For the community: 100% of the BitJim Coin (BJC) - all token supply and 50% of net profits from the BitJim app go back to the users.
For fairness: No VC presale, no secret allocations, no governance games.
Coded for good: Smart contracts cannot be changed. Nobody – not even us – can tamper with them.
It’s a hybrid of a co-op, a dividend-paying platform, and an open-source movement. A system where doing the right thing is not just ethical - it’s embedded in the code and it's who we are.
The Problem With “Decentralization” Today
Most so-called DAOs or “community-owned” projects are anything but.
Governance token holders? Usually concentrated in 5–10 wallets.
“Everyone can vote!” Sure, but insiders hold majority stakes.
“Staking rewards”? Inflated tokens, backed by nothing.
DAO treasuries? Controlled by multisigs… held by the team.
Fake decentralization is the rule, not the exception. From Mantra DAO (rigged votes) to SafeMoon (devs controlled the liquidity) to the Squid Token rug pull (coded so only the creators could sell) – the web3 space is full of decentralization theater.
BitJim is the exact opposite. No hidden founder wallets. No backdoor votes. No fake staking returns. Just real code, transparent terms, and long-term value.
Introducing BitJimCoin (BJC): A Token With No Tricks
BJC is the native token of BitJim. It’s not the main headline – it’s the backbone of the system.
BJC Tokenomics:
100% to the community – stakers, app users, burn, early supporters. See our fresh Whitepaper for more!
0% to founders, devs, VCs or private buyers
Whale protection – no wallet can control too much
Hardcoded governance – no admin key, no hidden power
This model doesn’t just “claim” to be community-owned. It actually is.
What Careity Means in Practice
BitJim will return 50% of its total net profits back to loyal stakers of BJC through an automated, audited system hardcoded in our smart contracts. No board meetings. No discretion. No delays.
⚠️ Important: The following estimates are purely for the profit-sharing dividend based on holding BJC – they do not include:
The regular staking rewards (if applicable)
The likely price appreciation of BJC as the platform grows
Let’s break it down with bold, visionary projections based on our growth strategy and scalable financial model: (Stipulation of course yes, but could be more and could be less)
Year 1:
100,000 users
$10M revenue → $6M net profit
$3M distributed to stakers
Est. payout per 1,000 BJC: $150–$250
Year 3:
750,000 users
$100M revenue → $60M net profit
$30M distributed
Est. per 1,000 BJC: $1,200–$2,000
Year 5:
3,000,000 users
$300M revenue → $180M net profit
$90M distributed
Est. per 1,000 BJC: $3,800–$6,800
Year 8:
10,000,000 users
$750M revenue → $500M net profit
$250M distributed
Est. per 1,000 BJC: $10,000–$18,000
And that’s just dividends. Add price appreciation from rising demand + limited supply, and BJC starts looking less like a speculative token – and more like the blue-chip asset of the decentralized future.
For more on BitJimCoin and our fair tokenomics, click here.
A Movement, Not Just a Product
BitJim is more than a platform. It’s a movement to reclaim crypto from the grifters and the gatekeepers. We’re creating:
A protocol that can't be corrupted
A token that can’t be faked
A revenue-sharing system that actually works
If you’re tired of false promises and looking for something real – BitJim is where the new standard begins.
For a deep dive on what makes most DAOs fake, read The Problem With “Decentralization” Today.
This is a work in progress. We’re developing the platform, refining the contract details, and optimizing the app. But the direction is clear. We are building the first Crypto Careity – and when it’s live, you’ll know exactly what you’re part of.
Own something real. Build something honest. Welcome to BitJim.
