Himalaya Technologies, Inc. has fully executed a service agreement with Bot Logic Labs, Inc. to create, mint, and manage a proprietary crypto token to be called EVEREST based on Ethereum, a global decentralized blockchain platform upon which fintech applications can be built. The company intend to use EVEREST tokens for e-commerce in its social media platforms under development, as a utility token for customer rewards and incentives, for a potential dividend to its shareholders, and for future strategic transactions. BOT indicates to the company that the process will require less than several weeks to set-up the company wallet, propagate the coin, and add it to a centralized exchange platform (CEX).

BOT is the developer of the Active World Holdings portfolio of web based applications which uses ChatGPT4 as well as Solidity Smart Contracts to develop Web3, Web3.5 and Web4 DApps. To accomplish Web3 objectives, Himalaya requires the creation of an Ethereum smart contract, token website, and Web3 integration for the smart contract into the Himalaya digital ecosystem. The company are engaging BOT to perform this task as an initial Phase 1 of the company crypto buildout for business incubation.

The agreement calls for $50,000 cash compensation to BOT in stages, including signing of the engagement and the creation of the company wallet, delivery of a website subject to the company approval, when the EVEREST token is added to the Web3 on DiVinciPay, upon the launch of EVEREST Uniswap Pool, and upon minting of the EVEREST token. As part of the arrangement, BOT will retain 10% of the total token supply of 250,000,000 and a 10% revenue share for revenues generated through token management within the company social media businesses. Himalaya will retain 100,000,000 EVEREST tokens for issuance to new and existing social media customers as rewards, to its public shareholders through a potential dividend subject to legal review and possible registration with the SEC if used a security, and for strategic purposes including potential mergers and acquisitions of companies, smart contracts, or other coins.

BOT will develop an EVEREST token website under an EVEREST token URL which is currently targeted by BOT for Himalaya. BOT will be responsible for all logo design as well as token graphic design for the project. Himalaya meanwhile will have final approval of all designs before they are published.

BOT will prepare the initial EVEREST pool on Uniswap. The pool will be paired with ETH and will be funded by Himalaya. The planned token price will be $0.25 per token with a suggested pre-launch price of $0.10 per token.

BOT will integrate the EVEREST token within the DiVinciPay merchant platform so the token can be used a participating merchants to pay for goods and services. BOT will install DiVinciPay on the website for Web3 functionality so customers can buy the EVEREST token and have it delivered to their Ethereum based wallet, without the need for human assistance. Within several hours after the launch of the EVEREST pool on Uniswap, BOT intends to update the token information which could instantly enhance the EVEREST token to above 50 on the trust scale and provide new potential buyers to the EVEREST token.