Whitepaper

Technological Challenge

Over the past decade, technology has become an integral part of our lives. Social media platforms such as Facebook, Instagram, and X (formerly Twitter) enable us to connect with individuals who share similar philosophies, stay informed about current events, and maintain relationships with friends. However, these platforms also possess significant downsides that are often overlooked or downplayed.

Communication on today's social networks frequently fails to reflect the true nature of individuals; instead, it is driven by strong emotions, hasty decisions, and information overload. Users are constantly influenced by paid content and confined to social bubbles, which particularly affects younger generations and children, making them more vulnerable. Excessive consumption of digital content can stifle creativity and imagination, leading to adverse effects on mental health.

Young adults often encounter portrayals of individuals who seem happier and more attractive than themselves on social media, which can result in feelings of depression or even suicidal thoughts.

It is essential to recognise that the companies driving these technologies are not the sole culprits. Their primary objective is often to maximise profits through advertising to satisfy shareholders. Simple criticism of these companies is insufficient. We must seek innovative solutions that protect users' mental health without being subordinated to commercial interests.

Annotation of Maitreja

Simply put, we are an innovative non-profit crypto organization dedicated to developing applications that positively impact the world. Our mothership, the healthy social network Mait.me, allows people to connect and communicate without the concern of personal data misuse. Unlike traditional social platforms, we do not focus on selling advertising or keeping users glued to their screens to consume as much paid content as possible. Instead, we aim to return to the original ideals of social networking—pure digital interaction and socialization—rather than the forced monetization of user data. The resulting space should be one where individuals treat each other with dignity and mutual respect, allowing users to freely decide the future look and feel of the entire project Maitreja.

In addition to the Mait.me social network, we offer a range of other applications that function both within the network and independently. Our goal is to launch at least seven mobile apps by the end of 2025, reaching a total of one million active users on the Mait.me platform. Concurrently, we are developing a unique user authentication system, a tool for customizing the network algorithm, and a marketplace for goods and services that accepts cryptocurrencies.

Each of our apps operates under its own business model. While we prioritise profitability and financial sustainability, we always uphold ethical principles and strive to provide added value to our users. Funds generated by each app are allocated to daily operations and marketing. We have also created a cryptocurrency—MAIT tokens—which represent membership contributions to our non-profit organization, Spolek MAITREJA, allowing holders to influence the future direction of the project Maitreja. Income from membership fees is reinvested into the development of new applications and features. If the platform achieves greater success, we plan to establish a special fund to support promising, like-minded projects aligned with Maitreja's vision.

Our network can be accessed at https://mait.me and is also available as a mobile app. Compared to other crypto projects, we already have functional products, which is a significant advantage for MAIT token holders.

1.0 Impact of Today's Technology

The impact of today's technology on people's lives is undeniable. The internet and social networks have become key elements of our daily routines, and the pandemic from 2020 to 2023 has only intensified our dependence on them. Social networks now play a crucial role in most aspects of social and political life. Banning them is unrealistic, and history has shown us the consequences of bans and censorship.

Project Maitreja aims to create products that preserve a healthy community environment within social networks, while eliminating manipulation, undesirable practices, and the constant influx of advertising content. A cornerstone of our project is the belief in taking responsibility for one's online behaviour. Respect for others will foster interpersonal communication and cooperation, which is essential for cultivating and moderating discussions in the digital world.

1.1 Impact on Mental Health

One of the main consequences of excessive use of the internet and social networking sites is the negative impact on our mental health. Expert studies have established a link between the consumption of algorithm-recommended content and low self-esteem, as well as a decline in overall life satisfaction.1 Younger generations often suffer the most when exposed to highly idealised content, frequently without realising it, leading to the creation of unrealistic standards of beauty and happiness.

Sophisticated filters and graphic programs have advanced to the point where their use and presence in content are not easily detectable by the human eye. Social networks like Instagram are particularly vulnerable to this issue. This concern was corroborated by an internal analysis from Meta (formerly Facebook), which became public due to a simple misunderstanding.2

There is a lot of expert research on the impact of social media on our health and mental wellbeing. For instance, a detailed study conducted by the UK’s Public Health Service examined this issue comprehensively.3

Similar findings were corroborated by a Canadian study that identified a connection between time spent on social platforms and negative mental health outcomes, including suicidal tendencies.4 Social networking contributes to a range of issues, such as anxiety, loneliness, major depression5, social isolation6, eating disorders7, and the phenomenon known as "phubbing"8.

1.2 Users as Commodities

Another challenge is the perception of users as mere commodities. On most social media and technology platforms, users' personal information is routinely exploited for advertising purposes. Control over the sharing of personal information is not always fully in our hands, as some tools do not provide the option to choose whether to share our information. While some companies claim to protect this data from unauthorized access, loss, destruction, and other forms of misuse, the reality often differs significantly. Statistics indicate that between 2005 and 2019, approximately 11,000 cases of social media data breaches were reported.

Repeated leaks of internal documents from major companies suggest that some platforms either actively share users’ personal data or unofficially permit external companies to access it. The Facebook and Cambridge Analytica case serves as clear evidence that social media advertising models exploit personal data to precisely target psychological campaigns aimed at influencing users' opinions. It is time to change this practice.

1.3 Deformation of Public Debate

We're sure that many of us have experienced how some users, hiding behind the apparent veil of internet anonymity, say things in discussions that they would never express face-to-face. This anonymity has led to a radical increase in hate speech online. Unfortunately, most social networks largely ignore such hateful or offensive comments. Studies indicate that hate speech accounts for between 0.8% and 11% of the total amount of social media posts examined10, contributing to a more divided society, a lack of understanding, and an unwillingness to listen to others or engage in constructive discussion. None of the major social networks are particularly dedicated to fostering healthy interpersonal communication. Instead, they seem to have resigned themselves to this issue, presenting themselves as platforms where the content is entirely user-generated, merely providing the space for users to interact. Maitreja has a plan to address this problem.

1.4 Platform-Driven Content

Content creators, particularly on YouTube, face numerous challenges when attempting to monetise their videos due to strict criteria. Each piece of content undergoes rigorous screening for legal and copyright issues. However, the current system has its flaws. It often bans content that is neither controversial nor in violation of the rules but falls prey to pressure from advertisers. Major platforms tend to shy away from content that might not resonate with their large advertisers, fearing it could jeopardise future paid collaborations.

These parameters encourage creators to focus solely on producing content that will pass the filters and ensure monetisation. This creates an artificial environment that avoids certain topics, severely limiting users' access to objective information in these areas. Maitreja offers creators the freedom of expression and provides straightforward monetisation models while connecting them with their community.

2.0 Maitreja - Our Solution

One of the greatest advantages of the Maitreja project is that we are entering the crypto world with products that are already functional. We are not building air castles; we are developing real technology with tangible impacts.

Project was launched few years ago with a clear vision:

  • To create a network that is managed and owned by the users themselves.
  • To make individual functionalities modular—standalone, rather than a single large product.
  • To achieve a global impact and subsequently launch the development of other modules.
  • To avoid wasting time and being influenced by advertisers in shaping public opinion.
  • To contribute to a more responsible society and promote tolerant, open discussions.

Our goal is to create powerful technologies with a positive social impact, placing their destiny in the hands of the users themselves!

What is part of Maitreja?

2.1 Profitable Non-profit Spolek MAITREJA

Users of the Maitreja ecosystem automatically become members of the non-profit organisation upon fulfilling the conditions set out in the statutes. Membership empowers them to help determine the future direction of the ecossystem and to participate in its development.

Legal status of a non-profit organisation guarantees users that the platform’s aim is not only to maximise profits but, above all, to achieve long-term sustainability while respecting the ethical principles of its products (as was previously the case with OpenAI). The success of the organisation translates to expanding Mait.me’s social networking features and the range of applications and projects offered, all in accordance with the decisions of its members.

Project Maitreja seeks to heal the online environment, improve the psychological well-being of users by eliminating manipulative algorithms, and restore humanity to the online world.

Main objectives of Spolek MAITREJA are constantly updated and published on https://maitreja.org. MAITREJA also plans to engage in business and other income-generating activities that support the core objectives of the organisation and the efficient use of its assets. Regular audits of the organisation will be transparently presented and promptly made available to all members, allowing them to continuously monitor the financial health of the organisation and assess the achievement of its objectives. In the event of dissatisfaction with the results, voting members (such as MAIT token holders) can modify the direction of the platform according to their preferences.

For more information on who is behind the Maitreja, see Chapter 5.

2.2 Healthy social network Mait.me

Mait.me social network is not just controlled by a few individuals; rather, the users themselves play a key role in its governance. Mait.me acts as a central hub connecting the entire Maitreja ecosystem. While most features are currently only available on the main Mait.me platform, they will soon become standalone modules or applications.

Our primary target group consists of creative and conscious individuals seeking personal development. The success of Mait.me largely depends on the activity and participation of its users. We currently have over 5,000 people testing the network. During Q1 2025, we plan to launch a large-scale airdrop (reward system) to incentivise active users on the Mait.me network. This airdrop aims to attract new users, encourage engagement from existing users, and enhance the quality of content on the platform. Additionally, we are actively communicating with various groups to transition them from other social networks to Mait.me.

We believe that user authentication is a vital component of a safe and mutually respectful online environment. Every Mait.me user will undergo some level of identity verification, depending on their intended use of the platform. This can range from simple email verification to phone number verification and even full identity verification, which will be particularly important for users wishing to offer their services and products to others.

Verifying the authenticity of users has several benefits. Firstly, it reduces user fraud, thereby increasing the credibility and security of the platform. Secondly, it enhances the quality of communication by mitigating the general sense of anonymity online and enabling users to build genuine relationships. Our goal is to reach 1 million verified users on Mait.me by the end of 2025. Achieving this will establish the safest and most trusted online space in the world.

You can download the Mait.me app from the App Store and Google Play.

Features on the Mait.me (updated May 2024):

Algorithm Management

On Mait.me, you won’t find any advertising because we don’t view our users as commodities for sale. Instead, users have the autonomy to choose what content they want to see.

  • Mait.me users can delete all data collected about them at any time, allowing them to step outside their information bubble and explore new posts and topics. By modifying the algorithm’s data, users can also escape the so-called “rabbit hole” of topics they may have unintentionally followed.
  • By customising the algorithm, users can define their true interests and influence the content that is displayed. For instance, they can instruct the algorithm to show as many posts about skiing as possible while avoiding content about coffee. In their profile settings, users can easily prioritise the topics and areas that genuinely interest them and see how their preferences are ranked by the algorithm. Topics the user no longer wishes to see can be removed with a single click. This practical and unique solution is unparalleled in the current landscape of social networking.

Communities or Networks in Network

Perfect for large communities, teams, or groups with specific interests. Once users join a community, they will see posts exclusively related to that topic. However, users can always switch back to the standard Mait.me content viewing mode or remain within the community where they feel most comfortable. Each community has its own posts, articles, groups, and events, all fully customisable to suit its users’ needs. Mait.me is the only network in the world that allows users to create their own social networks and seamlessly switch between them.

Timeline of Posts

Main page displays content from other users, groups, projects, and event organisers.

  • All types of content can be shared on the timeline.
  • Mait.me’s timeline is designed not to keep users glued to the screen but to offer a quick overview of what’s happening on the network, allowing users to move on to their next activity. This approach reduces time spent on the platform, enabling more efficient use of time, which users can then spend with loved ones or engaging in offline activities.

Groups

Join interest groups and connect with people who share similar interests. Anyone can start a group at any time, with the option for the founder to moderate the group alone or with co-moderators.

Events

Create events, join discussions, and connect with others. Simply enter the date, venue, event details, and ticket price, and you’re ready to send out invitations. Events can be filtered by criteria such as public transport accessibility, child-friendliness, wheelchair accessibility, parking availability, price, and more.

Blog

Share your original work with the community or create a blog with a personalised address on Mait.me.

Profile

Your activities, events, projects, and posts are displayed on your user profile.

  • Each user can set their exact privacy level, including the option to be completely incognito.
  • When viewing another user’s profile, you’ll see their involvement in groups, projects, and events, as well as their activity in articles and posts. The information they’ve chosen to share about themselves is secondary, as their actions speak louder than words.
  • Additionally, companies can create profiles directly linked to their founders.

Friends

Discover people with similar values and interests, or step outside your social bubble and explore new connections. The friend recommendation algorithm is fully under your control.

Premium Subscription

Premium members have the opportunity to obtain a publicly visible profile badge, along with a range of unique advantages and features not available to regular users. The monthly subscription fee is $4.99, and users who choose the annual subscription will receive 2 months free.

Upcoming Features:

Reward System for Creators

Active users, contributors, and creators will be systematically and randomly rewarded with MAIT tokens for their contributions to the company and platform.

Defence Against Content Reporting

Given the limitations of algorithmic moderation seen on social networks today, we prioritise providing users with effective defences against targeted content reporting, such as hiding or deleting posts.

Collective Moderation

What crosses the line, and what doesn’t? This question will be answered collectively by users. The aim is to create an environment where users can help each other in discussions, educate themselves, and develop their interpersonal communication skills. This feature will be supported by AI-based language models to help identify argumentative fallacies and other communication errors. Users will be rewarded for correctly reporting posts and identifying inappropriate content. Moderators and the automated system will monitor trends closely, ensuring prompt responses. AI will also monitor the quality of user reporting and provide feedback to help enhance users’ skills.

Voting system

The voting system provides an opportunity for users to collectively manage Maitreja’s future projects. Every member can influence the direction of the project by participating in votes.

  • Transparency is a core value, so voting results will be publicly available thanks to blockchain technology. Voting will be conducted without requiring users to pay transaction fees on the blockchain.
  • Additionally, the system will allow vote delegation, and participants will receive extra platform benefits.

Signpost

We plan to introduce a feature that will serve as a map of all the modules and products Maitreja offers. Each user will be able to choose which modules they wish to engage with.

Projects 

Connect with like-minded individuals to achieve shared goals. The platform allows users to discuss ideas and work together. Projects will also have the option to set up crowdfunding.

Treasures

Internet is an endless source of ideas and experiences. Maitreja users will be able to add their own through a special built-in learning platform that uses AI to create personalised avatars.

Data decentralisation

In the course of 2024, we will integrate the Mait.me network with the ActivityPub protocol, granting users the freedom to migrate their data across platforms as they wish. For instance, users will be able to transfer their articles or friend lists between networks. This not only decentralises stored data but also gives users full control over it.

Experience the healthy Mait.me network and discover your true self!

2.3 Current and Upcoming Modules of Maitreja

In the context of the Maitreja project, a “module” refers to an independently functioning product, similar to how Google Maps operates autonomously while also enhancing other products in the Alphabet Inc. ecosystem.

Functional Modules

We understand that only a select few of these modules will evolve into globally impactful applications. This is why we are launching a carefully curated selection of modules and adding more gradually, with the goal of creating a viral movement once one of these initial applications gains significant traction.

  • MAIT Chat

A secure and private chat application for communication within the Mait.me network. Its unique feature is the ability to communicate with users who don’t have a Mait.me account, highlighting its independence. MAIT Chat supports text messaging, voice, and video calls. It is available as both a standalone app and within the Mait.me network.

MAIT Chat is now available on the App Store a Google Play.

  • Tellmee

An app designed for creating authentic, humorous, and enriching conversations through questions. Tellmee serves as a foundation for incorporating authentic communication across other Maitreja modules. It is positioned to become a major marketing driver for the entire Mait.me platform, accelerating its adoption and raising awareness. Tellmee plays a pivotal role in restoring authenticity to the social networking landscape and also enables companies to receive genuine feedback from their employees.

By Q1 2025, we expect between 50,000 and 200,000 videos to be created, with that number rising to 0.5 million to 10 million by Q2 2025.

Tellmee is now available on the App Store a Google Play.

Upcoming Modules

  • MAIT Play

A video and lecture monetisation app, Mait Play empowers creators to manage all their monetisation tools in one place. Initially, users can buy content from their favourite creators, with the platform taking a percentage of each sale. This model simplifies the process for content creators and enhances user experience.

Planned Modules

  • MAIT Vote

A blockchain-based voting app offering users an easy way to participate in polls, whether at the personal or municipal level, without needing in-depth knowledge of cryptocurrency. The app is slated for release in Q1 2025, with the goal of completing 100,000 votes by 2025.

  • Marketplace

A secure app for trading both digital and physical products. Only verified users will be able to trade, reducing fraud risks common on other platforms. The second stage of development will allow for payments using MAIT tokens and other cryptocurrencies, with a beta launch expected in Q1 2025. By the end of 2025, the marketplace aims to facilitate at least 1 million trades.

  • Events

An intuitive app for event management, offering features from registration and programme editing to notifications and ticket sales. Linked to the Mait.me network, the app will provide a real-time overview of events and integrate video reviews through Tellmee. Launch is planned for Q2/2025.

  • Blog

A standalone blogging app that allows users to write, share, and monetise content. This will complement the existing functionality of Mait.me, giving creators more opportunities to get paid for their work.

  • Educational Tool

An app designed to deliver courses enriched by real-life experiences. The app will utilise AI tools to capture and share knowledge authentically.

  • Crowdfunding and Donations

An app that allows creators to receive financial support for their projects via donations from fans, including the option to donate services, fostering a supportive communit

  • Dating

A dating app grounded in the principles of Mait.me, focusing on authenticity and connecting people based on shared values and interests.

  • Job Offers

A job search app designed to connect employers with potential employees or freelancers. Tools will ensure authenticity and offer video communication to facilitate meaningful interactions.

The exact number of applications is not fixed and can grow indefinitely through community voting. However, the expansion of these modules will depend on achieving global impact and virality, especially among the early-launched modules, ensuring that new features meet user needs and accelerate the growth of Maitreja.

2.4 Maitreja Future Projects Fund

Maitreja’s core activities include the promotion of science and research, technological innovation, law and social responsibility, personal development, and environmental protection. If Maitreja achieves financial self-sufficiency, a portion of the profits will be allocated to the Future Projects Fund. Projects selected for the Fund must have a positive social impact and align with Maitreja’s mission and vision. For further details, please refer to chapter 3.4.

2.5 Cloud Structure, Data Storage Decentralisation and Customised Connectivity

To ensure long-term independence and resilience against external influences, it is crucial for Maitreja to support its operations with its own infrastructure. This is especially important for video modules, which will generate large volumes of data that we aim to store in secure locations, safe from the control of large technology companies.

The decentralisation of data storage involves shifting some projects partially or entirely to a decentralised structure, where data is distributed across multiple locations and cannot be erased by disabling a single data centre within the network.

Additionally, Maitreja will actively participate in initiatives that promote the independence and sustainable freedom of the internet. We will seek innovative methods to make content accessible in regions where governments impose restrictions on the information that users can view

3.0 Sustainable Monetisation and Project Plan

We recognise that maintaining an ecosystem of products is costly. To ensure the platform’s long-term sustainability, we introduced premium membership fees for some products. The funds raised will be used to support ongoing development and operational costs.

Since 2016, we have been actively developing the Maitreja app ecosystem. In 2023, we introduced the MAIT token to accelerate product development and expand our global reach. Decisions on introducing additional products aligned with Maitreja’s values will be made by the community through voting.

Initially, we funded the platform with the support of the Křižovatka Foundation and angel investors. Now, our focus is on moving towards decentralised ownership of the platform.

3.1 Monetisation Models

Project has pre-defined strategies to generate revenue, not only to cover development and operational costs but also to support further growth.

Ways to generate income for project Maitreja:

  • Membership fees in the form of the MAIT token. This form of funding supports the early development and stabilisation of the platform.
  • Premium membership of users. Those who wish to actively support the project can purchase premium membership and enjoy exclusive benefits.
  • Microtransaction fees. Small fees will be applied to select services, such as marketplace transactions or video courses, to cover operational costs.
  • Revenue from community-supported external projects. Community can support other projects, which will generate additional income for the ecosystem.

As more modules and projects are introduced, additional monetisation opportunities will arise. Achieving financial self-sufficiency and ensuring long-term viability are top priorities for project Maitreja.

3.1.1 Membership Fees in the Form of a MAIT Token

As a non-profit organisation, Maitreja accepts membership fees in the form of MAIT tokens, which are vital to the platform’s economy during its development phase. These contributions help fund global marketing efforts and complete the development of the platform. They also pave the way for decentralising decision-making within the Maitreja Organisation.

Further details about the functions of the MAIT token and the voting process can be found in Section 4.0.

3.1.2 Premium Membership

For those who want to support the platform more substantially, we offer a premium monthly subscription on the Mait.me network. This subscription provides exclusive benefits, enhanced profile features, and unique bonuses that regular users don't have access to.

  • Research shows that 48% of users are willing to pay up to $25 per month, while 42% are inclined to pay for full access if the features are valuable.
  • Keeping the price lower boosts adoption, with up to 30% of users likely to subscribe at a lower cost.
  • Our monthly subscription fee is currently set at $4.99, with an anticipated uptake of about 5% of users for this premium offer.

3.1.3 Microtransaction Fees

Each Maitreja module has its own development, operational, and marketing costs. To ensure financial self-sufficiency and cover the costs of free modules, small fees will be charged for certain transactions.

For example, the MAIT Play module, which allows creators to monetise video content, will involve costs related to video storage, scaling, and delivery. Maitreja will retain 15% of the total earnings from video sales, while the remaining revenue will go to the creator. This fee helps fund not only Mait Play but also other video services across the platform.

Microtransaction fees are a key element in maintaining the financial stability of the entire ecosystem, allowing the platform to operate without relying on paid advertising.

3.1.4 Income from Community-Supported Projects

As mentioned in Section 2.4, we plan to establish the Maitreja Future Projects Fund when revenue from MAIT token sales surpasses the platform’s operational and development costs. This fund will support projects that align with our goals and values, providing financial assistance or other resources.

In the event of a project’s success, Maitreja may generate additional revenue, for instance, through donations or selling its stake in the project. Further details on how Maitreja will engage with supported projects and realise income will be outlined when the Fund is established. More information can be found in Section 3.4.

3.2 Role of Marketing Maitreja and MAIT

MAIT tokens are the driving force behind the entire ecosystem, playing an essential role in the community with unique benefits and rights. As a result, MAIT tokens will be a key part of various marketing activities, following practices that are common in the cryptocurrency world.

Our marketing initiatives include:

  • Exclusive "Ask-Me-Anything (AMA)" events with MAIT founders and representatives. These sessions provide a platform for direct interaction, allowing our community to engage in open discussions and knowledge sharing.
  • Collaborations with influencers and experts in cryptocurrency, philanthropy, technology, and investment. Reviews and content from these well-known figures will increase the platform’s credibility and relevance.
  • Maximising media exposure by sharing our vision with global audiences. We work with respected media outlets worldwide to amplify the mission and purpose of the Mait.me platform.
  • Ambassador programme that recognises and rewards active community members for their contributions, fostering a stronger sense of belonging and encouraging active participation.
  • Hosting key events focused on themes like responsible technology and philanthropy, ensuring that our platform not only drives innovation but also contributes positively to societal change.

Cryptocurrency market offers a wealth of opportunity, and we’re excited to share it with our community. All initiatives are transparently discussed with the community on our Telegram channel, so be sure to join the conversation!

3.3 SWOT Analysis

3.4 Future Projects Fund

Maitreja Future Projects Fund serves as a key pillar within the Maitreja. The Fund will support initiatives that advance science and research, technological innovation, law and social responsibility, personal development, and environmental protection. Decisions regarding which projects to support and how to allocate resources will be made by the community of MAIT token holders, utilizing a decentralised voting system detailed below. We believe that this Fund presents a unique opportunity to drive positive social impact and foster sustainable development for both present and future generations.

The Fund’s establishment is planned to follow the completion of most of Maitreja’s core modules, or sooner if the project attains financial self-sufficiency. Specific details and parameters regarding the Fund will be announced in 2025.

To ensure the success and value of each selected project, key criteria will be applied during the selection process, including:

  • alignment with Maitreja’s values and transparency
  • high likelihood of financial self-sustainability
  • eligibility for both crypto-based and traditional business sectors

Performance of the selected projects and the Fund will be communicated to the community through comprehensive annual reports. In addition, regular external audits will guarantee both transparency and credibility.

As the value of the community-selected projects grows, so too will the prestige of the Maitreja name. These projects collectively represent the intrinsic value of both the platform and the MAIT token. Token holders with more than 100 MAIT tokens will have the exclusive right to vote on all decisions. Additionally, the increasing value of these projects will indirectly impact the overall value of the platform and its token. Participants in the staking programme will benefit from the Fund’s successes.

Community will play a critical role in all Fund decisions, including the option to shift investments as priorities evolve. The democratically elected members of the Board will oversee the Fund’s activities and ensure adherence to the community’s vision.

3.5 Maitreja's Roadmap 2023/2024

4.0 MAIT Token

MAIT tokens serve as membership fees for the non-profit organisation MAITREJA and the Maitreja project. They're designed to be non-essential for the regular use of services, allowing owners to express their opinions through voting and actively participate in the project’s development. While MAIT tokens offer unique rewards, exclusive bonuses, and additional benefits, their ownership and usage are entirely optional. The process of obtaining them is straightforward and accessible, even for individuals without prior cryptocurrency experience.

MAIT Token Utility:

  • Membership Fee. Holders gain voting rights on the platform’s future direction.
  • Reward Pool. A pool of rewards and bonuses to encourage engagement on Mait.me, fostering discussions and high-quality content creation.
  • Staking. Holders can participate in the economic success of the entire Maitreja ecosystem through staking.
  • Wallet Integration. MAIT wallet integrates seamlessly with all Maitreja products, enabling the token to be used as a means of exchange across the network and its modules, including a marketplace for products and services offered by verified users.

These features ensure the practical utility of MAIT tokens, benefiting holders while contributing to the growth and prosperity of the entire Maitreja ecosystem.

4.1 Basic Information

MAIT token runs on largest decentralised network Ethereum and adheres to the ERC-20 standard, facilitating connections to other networks. Project is strategically designed for long-term scalability, and its contract has undergone a comprehensive security audit by Ackee Blockchain. The total supply of tokens is finite and fixed at 720,000,000 MAIT—no more will ever be created.

4.2. Offer Round For Angel Investors

From April 2023 to May 2024, an offering round for angel investors was conducted, requiring the locking of MAIT tokens for a fixed duration. During this initial round, the exchange rate was set at 1 MAIT = 1 USDT. A total of 350,214 MAIT tokens were allocated to 9 crypto wallets, with 99% of the tokens locked for 2 years and 1% for 1 year upon transfer. Investors who locked their tokens for 2 years received an additional 10% reward in the form of MAIT tokens, already included in the total number of tokens allocated.

For detailed information on unlocking dates, please visit www.maitcoin.com.

Information on crypto wallets currently holding MAIT tokens can be found here:
https://etherscan.io/token/0x50f3bB0780717742985F1796b84aC5e29D688831#balances
.

4.3 Tokenomics (Token Economy MAIT)

Tokens allocated for Team and Advisor rewards will be locked for 2.5 years, starting in 2023, with a gradual release of 20% every 6 months from the date of token creation. The final release is scheduled for 1 July 2025. Tokens designated for marketing, market liquidity reserves, and risk management are not subject to any lock-in periods.

MAIT Token Allocation:

  • Market Liquidity (21,600,000 MAIT):
    • for listing on decentralised (DEX) and centralised (CEX) exchanges,
    • until 7 May 2025, also for OTC contracts with potential investors,
    • not time-locked,
    • link to wallet.
  • Public Offer (467,650,000 MAIT):
    • for distribution to decentralised and centralised exchanges,
    • from 7 May 2025 also for OTC contracts with potential investors,
    • used to replenish market liquidity, gradually increasing the value of the maximum executed order, which is limited by liquidity on decentralised exchanges,
    • additions to decentralised and centralised exchanges and liquidity enhancements will always be decided by the community through voting,
    • 91% of tokens locked until 7 May 2025, with 9% locked until 7 May 2026,
    • link to wallet.

      In the event that not all tokens intended for the public offering are utilised by 1 January 2030, the community will decide on a strategy for releasing the tokens for the subsequent 5-year period and may also determine their potential locking. Concurrently, 100,000,000 MAIT tokens will be transferred to the User Reward on the same date. If the balance falls below 100 million tokens, the community will again decide on their distribution.
  • Rewards for Users (86,400,000 MAIT):
    • for active creators and members over the next 5 years,
    • amount of tokens released for rewards will be determined by the community in each calendar year,
    • gradual release of 20% every 6 months until 1 July 2025,
    • time-locked,
    • link to wallet.
  • Risk Management (14,400,000 MAIT):
    • reserved for unexpected events and opportunities (e.g., unexpected stock market crash),
    • not time-locked,
    • link to wallet.
  • Marketing (50,400,000 MAIT):
    • to support the growth of the project through collaborations with creators, influencers, and ambassadors,
    • not time-locked,
    • link to wallet.
  • Team (57,600,000 MAIT):
    • for members of the implementation team,
    • gradual release of 20% every 6 months until 1 July 2025,
    • time-locked,
    • link to wallet.
  • Consultants (21.600,000 MAIT):
    • for external consultants and other personnel,
    • amount of the reward will be decided by the community at the end of each calendar year,
    • gradual release of 20% every 6 months until 1 July 2025,
    • time-locked,
    • link to wallet.

4.4 Voting Rights

1-99 MAIT + registration on Mait.me = Contributing Member (without voting rights).
100+ MAIT + registration on Mait.me = Honorary Member (with voting rights).
Members earn 1 vote for every 100 MAIT tokens held, with a maximum voting limit of 2% of the total current vote for any single cryptocurrency wallet.

Linking a cryptocurrency wallet containing MAIT tokens to an account on Mait.me enables voting participation. This process is completely anonymous, requiring no additional identity verification. Votes will be counted and utilised to determine the direction of the entire Maitreja ecosystem and all supported projects.

When MAIT tokens are transferred to another individual, the Contributing Member status will also transfer, provided that the new token holder registers on Mait.me. If a user transfers all their MAIT tokens to another user, they will lose their Contributing or Honorary Member status.

We plan to introduce the voting method and the necessary tools for voting in Q4 2024.

MAITREJA’s Articles of Association stipulate the following distribution of voting rights:

As the number of users increases, the founders will gradually reduce their decision-making share in favour of the remaining groups. The rules for this gradual transfer of decision-making power, along with an explanation of each category, the voting method, and tools, will be presented in Q4 2024.

4.5 Listing to Centralised and Decentralised Exchanges

Listing on Decentralised Exchanges (DEXs) not only strengthens community participation by allowing MAIT tokens to be traded but also provides individuals with the choice to either leave our project or become more involved in its development. We want all MAIT token holders to have complete freedom and flexibility in their decisions.

Our approach will be systematic, beginning with decentralised exchanges and then moving to centralised platforms (CEXs). This strategy emphasises decentralisation and active community involvement to reach the widest possible range of users.

This process will be fully supported by our marketing team, which will include working with influencers, public relations, and other communication channels to spread awareness of the Maitreja project and attract new users and potential investors. We also plan to gradually release MAIT tokens to the market through exchanges and related operations. This will allow us to efficiently manage the flow and number of units in circulation, ensuring a transparent and secure process for all our users. The gradual release of tokens to the market will adhere to strict rules, and in exceptional situations, the community will decide on the issuance process. All information will be published online regularly to ensure full transparency. We believe that collaborating with crypto exchanges will yield significant benefits for our community and contribute to the development of the Maitreja project as a whole.

4.6. Procedures and Rules for Issuing MAIT Tokens

Our app and social network, Mait.me, are in the early stages of development. Concurrently, we are preparing to enter the global market, which will be supported by an aggressive marketing campaign. To cover ongoing costs, we will periodically release MAIT tokens to the exchanges based on our budget. Maitreja’s monthly budget is currently $45,000 and is gradually increasing.

We plan to release a total of $380,000 worth of MAIT tokens through the exchanges by the end of 2024. Throughout this process, we will adhere to strict gradual release rules to maintain a long-term rise in MAIT token prices without jeopardising the interests of MAIT holders. Our products have a fair market value, which will serve as the basis for determining the value of the MAIT token. In the long term, the investment in development will be reflected in the overall value of the MAIT token.

For 2025, the budget will be approved quarterly by a vote open to all MAIT token holders. The vote will include the frequency of the next token release and possible adjustments to the rules to maintain the stability of the MAIT token price.

The chart below (coming soon) shows a forecast where the gradual release of MAIT tokens ensures the sustainability of the Maitreja project and its development, slightly correcting the price while strengthening it in the long term.

4.7 Staking

Shortly after the listing, we'll launch a MAIT token staking programme for all MAIT token holders. This programme will enable holders to lock their tokens for varying periods (with longer durations yielding higher rewards), thereby allowing them to participate in the overall success of the project Maitreja. Further information regarding the MAIT token staking option will be announced in Q1 2025.

We see staking as a key pillar for stabilising the value of the MAIT token and partially mitigating its volatility. We firmly believe that this initiative will contribute to the sustainable development of the project and increase interest among potential investors.

5.0 Message from Founders to Readers

Maitreja is entering its next phase of developing technology that serves people rather than merely creating products. If you are interested in joining us, please visit our website at www.maitcoin.com to secure your voting rights. You can also learn more about our mission at www.maitreja.org and on social media at www.mait.me.

Our goal is not only to innovate the current digital world but also to build a community based on trust and humanity. Transparency is fundamental to our ethos, and we have nothing to hide. This is why we publicly list the wallet addresses of our founders below. This openness reflects our commitment to fairness and integrity in every aspect of our project.

  1. https://etherscan.io/address/0xd67818ff51bb7e529a4c3acf671335c6ecc30bdf
  2. https://etherscan.io/address/0xe3a27fd50c47cbbabcbb412c94a66f27acacbcb5 
  3. https://etherscan.io/address/0x4a6c6533135155c5f45de1a36e298fb8f14efe3f 

Don’t forget to follow our socials and join our Telegram group so you don’t miss a thing!

5.1 Who is Behind Maitreja?

Maitreja is not solely the work of the founders listed below; it also involves a diverse team of experts and companies from around the globe.

5.2 Strategic Partners

To bring a project of our scale to fruition, we require the support of strategic partners. Here are some of our key partners:

Nadace Křižovatka

Ackee Blockchain

Robology

Koala42

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2 Wells, G., Horwitz, J., & Seetharaman, D. (2021). Facebook Knows Instagram Is Toxic for Teen Girls, Company Documents Show. The Wall Street Journal. https://www.wsj.com/articles/facebook-knows-instagram-is-toxic-for-teen-girls-company-documents-show-11631620739.

3 Armstrong, M. (2019). Impact of Social Media on Mental Health. Statista. https://www.statista.com/chart/19262/impact-of-social-media-on-mental-health/.

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6 van den Eijnden, R. J. J. M., Lemmens, J. S., & Valkenburg, P. M. (2016). The Social Media Disorder Scale: Validity and psychometric properties. Computers in Human Behavior, 61(3), 478-487. http://dx.doi.org/10.1016/j.chb.2016.03.038. Whaite, E. O., Shensa, A., Sidani, J. E., Colditz, J. B., & Primack, B. A. (2018). Social media use, personality characteristics, and social isolation among young adults in the United States. Personality and Individual Differences, 124, 45-50. http://dx.doi.org/10.1016/j.paid.2017.10.030.

7 Sidani, J. E., Shensa, A., Hoffman, B., Hanmer, J., & Primack, B. A. (2016). The Association between Social Media Use and Eating Concerns among US Young Adults. Journal of the Academy of Nutrition and Dietetics, 116(9). http://dx.doi.org/10.1016/j.jand.2016.03.021.

8 Chotpitayasunondh, V., & Douglas, K. M. (2016). How “phubbing” becomes the norm: The antecedents and consequences of snubbing via smartphone. Computers in Human Behavior, 63(25), 9-18. http://dx.doi.org/10.1016/j.chb.2016.05.018. Choi, D.-H., & Noh, G.-Y. (2019). The influence of social media use on attitude toward suicide through psychological well-being, social isolation, and social support. Information, Communication & Society, 23(1), 1-17. http://dx.doi.org/10.1080/1369118X.2019.1574860. Chatterjee, S. (2020). Antecedents of phubbing: From technological and psychological perspectives. Journal of Systems and Information Technology, ahead-of-print. http://dx.doi.org/10.1108/JSIT-05-2019-0089.

9 Olivo, L. (2020). 7 Social Media Sites and their Data Breaches. HumanID Blog. https://human-id.org/blog/biggest_social_media_breach_history/.

10 Burnap, P., & Williams, M. L. (2015). Cyber Hate Speech on Twitter: An Application of Machine Classification and Statistical Modeling for Policy and Decision Making. Cardiff University. https://orca.cardiff.ac.uk/73158/1/Burnap%20%2526%20Williams%202015.pdf.

11 RR Author (2022). Survey reveals 48% spend less than $25 on all subscription services. Real Researcher. https://realresearcher.com/media/survey-reveals-48-percent-spend-less-than-25-on-all-subscription-services/.

12 RR Author (2021). 41.92% prefer the unlimited access type of subscription business model. Real Researcher. https://realresearcher.com/media/41-percent-prefer-the-unlimited-access-type-of-subscription-business-model/.

13 Schick, S. (2014). 49% of app users would be willing to pay a monthly subscription. FierceWireless. https://www.fiercewireless.com/developer/report-49-app-users-would-be-willing-to-pay-a-monthly-subscription.