MANDU Official Whitepaper

1) Abstract

MANDU is a BEP-20 utility token developed by NOVA LAB (Tokyo, Japan) to bridge communication, payment, and blockchain into one unified ecosystem. Within the Mandu Messenger, users can send, gift, and shop using MANDU tokens, while UB Pay enables real-world payments through fiat currency and provides MANDU rewards. The goal is to seamlessly connect crypto with daily life — making digital currency simple, inclusive, and borderless.

Version 1.1 · Last Updated:

2) Vision & Philosophy

MANDU aims to be a token used naturally in everyday life — not just held for speculation. Users can interact, purchase, and exchange value within the messenger. UB Pay allows real-world payments in fiat while rewarding users with MANDU tokens. Through this structure, MANDU realizes the concept that “the crypto economy = the real economy.”

3) Market Context & Opportunity

Today’s mobile payment systems are fragmented and device-dependent. NOVA LAB, a Korean company operating in Japan, is positioned as a cross-border bridge between the two markets, giving MANDU strong potential in Japan–Korea fintech cooperation.

4) Ecosystem Structure

MANDU Token: The core asset powering the messenger, marketplace, and UB Pay reward conversion.
Mandu Messenger: Integrated wallet, P2P transfers, token gifting, and community commerce.
UB Pay: Merchant payment system that processes fiat transactions and converts part of merchant fees into MANDU rewards.
MANDU Guard Pool: 15% of collected fees are burned; another 15% are allocated to a stabilization reserve.

5) Tokenomics

MANDU’s token allocation has been refined to strengthen liquidity, ensure sustainable growth, and support ecosystem expansion.

Category	Allocation	Purpose
Liquidity Pool	45%	Dedicated to PancakeSwap and other DEX liquidity pools to secure stable trading depth and market liquidity.
Treasury (Company Reserve)	30%	Long-term development, operations, and infrastructure expansion. Lock-up: 5-year schedule, released at 6% of total supply per year (0% at TGE).
Initial Marketing & Funding	15%	Initial-stage marketing, promotional activities, and project funding — branding, partnerships, and exchange listing preparation.
Ecosystem Support Fund	10%	Developer grants, integration partners, and long-term ecosystem collaborations.

Total Supply (minted to date): 80,000,000 MANDU. Price stabilization is managed separately via the non-circulating MANDU Guard Pool.

6) Technical Architecture

MANDU operates on a hybrid on/off-chain infrastructure. Inside the messenger, token balances move off-chain for instant UX; actual blockchain transfers occur when users withdraw to external wallets from NOVA LAB’s treasury. UB Pay serves as the fiat-payment layer synchronized with messenger accounts. Personal and transaction data are encrypted and isolated, compliant with Japan’s APPI and Korea’s PIPA.

7) Roadmap

Phase	Period	Milestone	Status
Phase 1 — Token Launch	Q4 2025	Token deployment, BscScan verification, official website	✅ Live
Phase 2 — Community & Branding	Q1–Q2 2026	SNS expansion, partnerships, marketing initiatives	Planned
Phase 3 — Messenger Launch	Q4 2026	P2P features, UX optimization	Planned
Phase 4 — UB Pay Integration	Q3–Q4 2027	Merchant settlement, reward system	Planned
Phase 5 — DAO Governance	2028 +	Decentralized voting and treasury management	Planned

8) Transparency

Company-held tokens are locked and released gradually; wallet addresses and TX hashes are public.
Monthly reports disclose token movements, expenses, and development progress.
LP lock proof and renewals are announced in advance with links.
Change log records all updates to the whitepaper, website, and contracts.

9) Governance

Community proposals are reviewed before any new issuance or policy changes.
Future staking participants in the messenger will obtain DAO voting rights.
NOVA LAB discloses decisions and rationales publicly for major changes.

10) Risk & Compliance · Disclaimer

MANDU is a utility token, not a security or investment product. No guarantee of price or liquidity.
Security audits precede major updates; no raw biometric data is stored.
The MANDU Guard Pool acts as a stabilization mechanism to mitigate volatility.
This document does not constitute investment solicitation; participants must comply with local laws.
The whitepaper may be updated for technological/regulatory changes; revisions are publicly logged.

Change Log

Date	Version	Changes
	v1.1	Tokenomics updated to 45% Liquidity Pool, 30% Treasury (5-year lock @ 6%/yr), 15% Initial Marketing & Funding, 10% Ecosystem Support Fund. Download button points to `whitepaper.v1.1.pdf`.
	v1.0	Initial official English whitepaper.

Contact: contact@novalab2023.com · X: @MANDUCOINBNB