(Singapore Jurisdiction – Final Draft, August 2025)

1. Executive Summary

The Budhihal Base NFT Collection is a limited issuance of 10,000 digital collectibles, each redeemable for 1 hour of coaching with Ramesh Budhihal, India’s first-ever surfing medalist.

The NFTs directly fund Ramesh’s 10-year competitive journey, combining:

• World Surf League progression:
  • Qualifying Series (QS) → entry-level global competitions.
  • Challenger Series (CS) → mid-tier gateway to the elite.
  • Championship Tour (CT) → world’s top 36 professional surfers.
• International milestones:
  • Asian Games 2026
  • Olympics 2028 (Los Angeles)
  • Asian Games 2030 (Doha)
  • Olympics 2032 (Brisbane)

NFTs are minted directly on Ramesh’s official website by the Budhihal Base Foundation (Singapore CLG).

• Payments: USDC/ETH (crypto-native), fiat via Transak or Moonpay.
• Compliance: KYC/AML at mint (Blockpass/Fractal).
• Collectibility: Remains a legacy artwork collectible post-redemption.

2. Problem Statement

Indian athletes in niche sports face systemic barriers:

• Funding scarcity and reliance on sporadic sponsorships.
• No direct pathway for fans to support athletes.
• Neglect of cultural and sporting heritage.

Ramesh Budhihal, from one of India’s most economically backward families, grew up in Kovalam, Kerala, where his mother runs a small clothing shop for tourists.

Despite limited resources and no formal surf infrastructure, Ramesh won India’s first surfing medal at the 2025 Asian Surfing Championships in Mahabalipuram.

The Foundation tokenises Ramesh’s future coaching value so supporters can:

• Directly fund his progression QS → CS → CT.