1. Executive Summary

RAMESH-HRS is a utility token issued by the Budhihal Base Foundation under Abu Dhabi Global Market (ADGM) regulations.

Each token represents 1 hour of private surf coaching with Ramesh Budhihal, India’s first-ever Asian Surfing Championship medalist, to be delivered in his post-competitive career.

The launch will issue 10,000 fixed tokens at a base price of $100 USD (~₹8,750) — a rate at or below premium-market coaching rates in major surfing hubs worldwide. Proceeds will finance Ramesh’s 10-year journey through the World Surf League’s Qualifying Series (QS), Challenger Series (CS), and ultimately the Championship Tour (CT), enabling him to compete at the highest levels and giving early supporters a scarce, tangible utility asset with strong appreciation potential.

2. Problem Statement

Elite athletes from developing nations face a triple challenge:

• Funding scarcity in niche sports like surfing.
• Heavy dependence on unpredictable sponsorship.
• No structured way for supporters to share in the athlete’s success.

The opportunity: Tokenising Ramesh’s future coaching value unlocks present-day capital for his competitive career while giving supporters a tangible, redeemable, and verifiable asset that can appreciate as his profile grows.

3. Why Now

Ramesh stands at a historic inflection point:

• He has already broken barriers for Indian surfing by medaling at the Asian level.
• His performance trajectory and age profile align perfectly for a 10-year competitive campaign.
• The WSL pathway rewards consistent participation — missing events means losing ranking opportunities.
• Funding now enables maximum event participation, elite global training, and brand building during his peak performance years.
• Early backers secure lifetime-value upside — future coaching at champion rates for today’s discounted price.