undebted. Whitepaper

Executive Summary

undebted. (UNDBT) tokens represent a revolutionary approach to addressing the student debt crisis through blockchain technology. By tokenizing verified student loan debt, we create a transparent, tradeable asset class that enables community-driven debt relief while providing borrowers with new financial opportunities. Rise from debt.

The Problem

The U.S. student debt crisis has reached unprecedented levels, with over $1.7 trillion in outstanding loans affecting 45 million borrowers. Traditional debt relief mechanisms are slow, bureaucratic, and often fail to reach those most in need.

• Average debt per borrower: $37,000
• Default rates continue to rise
• Limited options for debt relief
• Lack of transparency in loan servicer practices

Our Solution

UNDBT tokens create a direct bridge between borrowers and supporters, enabling immediate, transparent debt relief through blockchain technology. Each token represents $1 of verified student debt, creating a 1:1 backing that ensures real-world impact.

Technical Implementation

Debt Verification

Secure integration with federal student loan databases enables real-time verification of debt amounts and borrower status.

Token Minting

Upon successful verification, UNDBT tokens are minted at a 1:1 ratio with verified debt amounts, creating transparent backing.

Burning Mechanism

Token burning directly reduces debt burdens, with smart contracts ensuring immediate and verifiable impact.