White Paper. Copyright 2018 RESERVE

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Samuel Reeves
5 years ago
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2 CONTENTS 1.First of all 1.1 Outline 1.2 Vision 2. Market 2.1 Market 2.2 Abundant resource 2.3 Cryptographic currency market 3. Resource information and block chain 4. Reserve Coin roadmap 4.1 Business model and marketing 5 Development and release roadmap 5.1 Release roadmap 5.2 Selling tokens and using income Copyright 2018 RESERVE 2

3 1 Introduction "W" Mining Project 1 1 Outline The value of resources, including money, is increasing year by year. The cryptocurrency industry has also attracted attention from the market conditions for speculative purpose for a while, ICO projects with a large market scale, with needs. Resource investment is investing in projects of several trillion yen class, including major overseas resource majors and financial funds. After all human beings are indispensable resources to live. Although there are various kinds of resources, there are many resources for asset formation from what is necessary for daily life. However, there is no resource anywhere in the world. Resource-rich countries are acquiring national interests by selling resource rights and spot to other countries, thereby increasing the economic effect. Resource investment is seen as being carried out by those who have funds that can not be imagined, which is said to be a capital-rich country or resource major. It seems to be a world where only people of limited world can enter. Until now it is no doubt that it was a scale project that individual investors can not engage. We were able to form partnerships with banks that have investment projects of resource development that can be participated even by individual investors. We launched a Reserve Project that combines it with cryptocurrencies that are easy to exchange funds. Copyright 2018 RESERVE 3

4 1 Introduction "W" Mining Project 1 2 Vision We believe that it is imperative that the cryptocurrency market in the future is not merely for speculative purposes, but also to promote the business in addition to the advantages of the block chain for those whose business is trusted and established. The business we will be doing now will provide high credit quality services that combine resources that will be the foundation of assets formation and highly convenient cryptocurrency in the history of humankind in the history of human beings so far I will continue. We are convinced that this business will lead the world market now that we regard it as the turning point of the block chain. We will develop business in Mongolia with high affinity with cryptocurrency. Copyright 2018 RESERVE 4

2 Market 2 1 Market When I heard the country name Mongolia, I think that

anticipated in response to recent resource prices.

5 2 Market 2 1 Market When I heard the country name Mongolia, I think that the images that many Japanese people imagine are vast grasslands, nomads, Genghis Khan, sumo wrestling. In countries with abundant mineral resources, economic growth is anticipated in response to recent resource prices. In terms of politics and diplomacy, there is a unique pipe with North Korea, which also has a unique presence in international politics. Copyright 2018 RESERVE 5

6 2 Market 2 1 Market Mongolia has the Oyu Turgoy Copper Mine Mine in southern Mongolia, which is financed by Rio Tinto, Britain and Australia. Mongolia has four times the country of Japan, but its population is only over 4 million people. However, there are abundant mineral resources such as coal, copper and rare metals (rare metals), and the resource business is the backbone that supports the country's economy. In 2015 when resource prices fell, low growth remained, but market conditions are on a recovery trend. The International Monetary Fund (IMF) intervenes in Mongolia from 2016 to 2017 and expects economic growth of 5%. In particular, the expectation for future development is growing for the Oyu Torgoy Copper gold mine in southern Mongolia, which is owned by Rio Tinto, Britain, Australia. On geopolitical grounds, Mongolia, sandwiched between two major powers, Russia in the north and China in the south, has been placed in a difficult position. The era when the former Soviet Union and China were in conflict was regarded as a satellite of the former Soviet Union, but now it is based on balanced diplomacy and has strengthened relations with Japan, the West, etc. besides Middle Russia. Copyright 2018 RESERVE 6

7 2 Market 2 2 Abundant resource Mongolia is proven to be one of the world's leading resource-rich countries. Oy Torgoy and Tabang Torgoyi etc. Wealth brought by mines several hundred kilometers away from the capital pushes Mongolia to the world's top high-growth country. Looking at the world East Africa and the Arctic Circle, etc. Places that were not regarded as resource zones once became the development frontier and we are gathering investment from around the world. Mongolia is one of them, but the major characteristic is not a monoculture type resource country that depends on a single mineral such as oil, natural gas, and copper, but a resource with various resources such as copper, coal, iron ore, gold, uranium, rare earth There is abundance in it. Moreover, there are also conditions favorable for resource development, which is one of the world's largest reserves of copper, coal, gold, etc., for a single mine reserve. Saudi Arabia, which began full-scale development of oil fields in the 1950s, became one of the richest countries in the world in less than 20 years. A descendant of the nomad who was swaying on the back of the camel drove a luxury car and some people traveling the world with a private jet also appeared. Copyright 2018 RESERVE 7

2 Market 2 2 Abundant resource I am convinced that Mongolia will also achieve great development beyond our imagination within the next 20 years.

8 2 Market 2 2 Abundant resource I am convinced that Mongolia will also achieve great development beyond our imagination within the next 20 years. In an example similar to Mongolia, Qatar is a neighboring country of Saudi Arabia, which became the world's largest liquefied natural gas (LNG) exporter with huge natural gas reserves. In the latter half of the 1990s, Qatar, becoming the LNG exporter as a later country, built a huge LNG plant one after another, with a bullish export strategy assuming Asian demand on the premise of Japan, and now has world capacity of 77 million tons of LNG export capacity annually It became the LNG powerhouse of. Gross domestic product (GDP) per capita has now reached 100,000 dollars. First of all, Mongolia is exporting diverse minerals with pillars of copper, gold and coal, which are required by neighboring countries and China, and it is a strength that is not influenced by the market condition of a single mineral. 90 Tonnes Resource powers To Ghana / Brazil Comparable 21 Tonnes Ghana : 96.5 Brazil T : 96.8 T Copyright 2018 RESERVE 8

9 2 Market 2 3 Cryptocurrency market Mongolia is an environment that is suitable for mining anyway. The electricity bill in Mongolia is less than about half of the electricity bill in China, which was thought to be easy up to now. One third of the year is called winter, so in mining where profits are cut off for air control, there is a big difference in profit merely when there is only one third of the time when air conditioning is not needed. We believe that Mongolia is suitable for mining for both electricity and climate. Electricity charges are halved China Mongolia Furthermore, we are working on collaborating with places where we are managing mining farms as we are working on a partnership with local listed companies, and we will expand our business within the business that is already underway We aim for shape. Copyright 2018 RESERVE 9

10 3 Resource information and block chain I think you understood that Mongolia is a resource-rich country. While Mongolia is also a resource-rich country, it is said that the published reserves are less than 30% of the total reserves. Among them, we have tied up with the top 10 banks in the field, and resource information gets reliable information as a source of information from banks. By managing that information on the block chain, we will manage virtual currencies that can do business easily as one project. While resource investment requires at least hundreds of millions of yen just by conducting a boring survey, it is very important how to distinguish which investment efficiency and productivity are high. Copyright 2018 RESERVE 10

11 3 Resource information and block chain We will integrate tags with banks, develop on the system the ones that understand the investment efficiency on the block chain, and prioritize and invest in resources. In this resource investment, we are planning to turn revenue from cryptocurrency mining to resource investment, and we will form the market of Reserve Coin with this project as a backup. Given the volatility on the market, the only thing that can support the market is resources, such as gold, silver, diamonds, and coal. We will do these as resource investment and we will make Reserve Coin a valuable one. Reserve Coin holders can open accounts of local banks in Mongolia. You can have a David card under that account name, and you can use it at a store of a card company 's affiliated store around the world. Copyright 2018 RESERVE 11

12 4 Reserve Coin roadmap 4 1 Business model and marketing Our business structure is mainly divided into the following two. 1 Real resource mining 2 Cryptocurrency mining More than 70% of mines and mining areas of more than 9,000 locations in Mongolia are undeveloped. It is said that its kind is more than 90 kinds and it is said that the world reserves of rare metal and rare earth are 16% or more. 9,000 Locations 90 kinds Copyright 2018 RESERVE 12

13 4 Reserve Coin roadmap 4 1 Business model and marketing Confirmed reserves Coal 160 billion tons (estimated 1,200 trillion yen) Copper 67 million tons (estimated 42 trillion yen) Uranium 160 billion tons (estimated 11 trillion yen) The amount of gold reserves is said to be about 120 thousand tons. Among them, the reserves that are being confirmed are approximately 10,000 tons. Including small gold mining areas, it is thought that there are 1,000 places. Copyright 2018 RESERVE 13

14 4 Reserve Coin roadmap 4 1 Business model and marketing Virtual currency mining For machines planned to be introduced by mining, we will adopt the topic "super computer mining". [ Features of "Super Computer Mining ] Adopted supercomputer with ultrahigh speed computing capability "ultrasmall", "ultra low power" recognized as the world's best excellent 2017 / announced at the end of October It is possible to operate with sufficient electric power of the conventional system In addition, since several thousands of conventional machines are consolidated into one, it is possible to save space by fitting it into a space of 1 meter by 1 meter by 1 meter Super Computer The computing power of 128 times that of "Kyo" who is said to be the best in the world Thereby achieving the shortest month for collecting investment money Excellent durability, solving thermal problems with adoption of immersion system, further minimize machine deterioration (The old mining GPU was about 3 years and system replacement was necessary) We calculate the profit of one month of "Super Computer Mining Machine" having these features as underground. Copyright 2018 RESERVE 14

15 4 Reserve Coin roadmap 4 1 Business model and marketing Mining income Mining profit (per unit) 266,000 USD / month (calculated at the rate as of April 30, 2018) Among them, the following running costs are deducted. electric bill Per chip: 1 kw: USD - 10 USD / month Per unit (512 chips): 10 USD / month 512 = 5,120 USD / month Installation place Rent Administration fee: Approx. 6,290 USD Therefore, the total revenue per month for the month is as follows. Total revenue (per unit) 266,000 USD / month - 5,120 USD / month - 6,290 USD / month = 254, 590 USD / month Copyright 2018 RESERVE 15

16 4 Reserve Coin roadmap 4 1 Business model and marketing Mining income As mentioned above, the fact that the electricity bill in Mongolia is about onehalf of that said to be cheap and the installation site rent and administrative expenses are also very cheap, so that the majority of mining profit will actually be profitable this time It is a great merit of setting up in Mongolia. In addition, this time we plan to install 100 "super computer mining machines" during FY 2018, so the total revenue for the month of all machines will be below. Total revenue 254, 590 USD / month 100 = 254, 590 USD / month = 25, USD / month We will turn this mining revenue into resource investment. Copyright 2018 RESERVE 16

17 5 Development and release roadmap 5 1 Release roadmap May-June 2018 Business launch Negotiation with Mongolian Bank and completion of project design October 2018 Reserve platform development January 2019 Reserve platform test operation start April 2019 IOS, Andoid release, bank account opening, David card release May-June 2018 MOU concluded with bank Reserve Coin Website launch December 2018 Reserve ICO start March, 2019 Reserve platform full-scale operation start Copyright 2018 RESERVE 17

18 5 Development and release roadmap 5 2 Selling tokens and using income Selling tokens Total issue number 25,000,000,000 RVM Number of token sails 2,500,000,000 pieces Soft cap 5,000,000,000 yen Hard cap 10,512,500,000 yen 10% of the total issue number is token sale Pie chart notation 50% Development cost 30% marketing 5% operating expenses 15% stock Copyright 2018 RESERVE 18

FOREIGN INVESTMENT, LOANS AND ASSISTANCE IN MONGOLIAN DEVELOPMENT

FOREIGN INVESTMENT, LOANS AND ASSISTANCE IN MONGOLIAN DEVELOPMENT A.Buyantogs* Mongolian has chosen market economy and has been already conducting ten years economic reforms towards market economy. Any