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3 1. Introduction The global economy is changing. The last decade have brought us big advances in fields that, until not so long ago, were barely exploited; amongst them, the digital economy and the digital assets. Since the creation of Bitcoin in 2009, we have witnessed the birth of a new industry that has grown around this new technology and, in the last years, it has been progressively developed to create a whole new economic system: the blockchain. The blockchain is based in the decentralization of the assets; it abolishes the intermediaries and gives the control and management of said assets to the users themselves. In essence, the blockchain is no more than a huge digital account book made up of connected and encrypted blocks that register all the transactions that are being made, even those of a non-economic nature, which guarantees its security and privacy. Unfortunately, as in all fields, there is a disadvantage to this system and that is, that the ownership of the assets based on blockchain is solely linked to the possession of private and encrypted keys. Meaning that the person who has the keys also holds the assets that that key safeguards. Taking into account that the majority of those assets don t have any legal backing and, with the lack of alternatives that exist at the moment in the market for the custody and security of our assets, the loss of keys, or the death or incapacity of the user lead irrevocably to the loss of these assets. The assets remain locked in the blockchain, but are inaccessible due to the strong algorithm that protects them. So, a solution is needed, one that draws from the same blockchain technology, to address these challenges that result in the loss of millions every year. Even though there are some companies that safeguard assets, these accounts are linked to the identity of the user. And, if the user dies, his relatives or next of kin would be unable to access them, and that is if they know about them in the first place. Many people don t bother telling their relatives of their new acquisitions, since many even do it as a hobby. And that s not counting the possible disappearance or hacking of the company that safeguards the assets, because when you entrust them with your assets, these cease being in the hands of the user and go to the company s. And given the revaluation that the cryptocurrencies have registered these last years, what today are a few dollars could be millions in the future. 3

4 2. What is Thanatos? Thanatos is a platform built on the blockchain technology that aims to be the first solution for crypto investors in the field of digital inheritances. Through the use of our platform, any investor will be able to secure his assets in the case of loss of his private keys. All this without ever losing the control of his assets through a platform that is easy to use, decentralized, secure and anonymous. Through our app, the users will have a wide variety of options to secure their assets and send their last wills, that will remain fixed and unchangeable in the blockchain. 3. Thanatos Platform Structure 4

5 4. Technology Thanatos token is built on the Ethereum platform with the standard ERC20; this means that the token is completely integrated with the latest features of the Ethereum blockchain. Ethereum is an open-source and decentralized platform that allows to set up agreements between peers by means of the smart contract technology, and it is based in the blockchain model. Any developer can create and publish distributed ledgers that perform smart contracts. Despite being built on the Ethereum network, the Thanatos platform will be fully compatible with all current Blockchain Networks. The benefits of using the Ethereum network over other blockchain are many, among which the following stand out: A standard and unified protocol, which makes the work of the developers much easier. Less complexity in the use of ERC20 tokens, since all of them will be based in the same principles of functionality. Less risk of encountering obstacles or incompatibilities in the developing process. The uniformity that the standard features of the token bring to the network also makes the sharing between the users easier and, at the same time, gets rid of the intermediaries in the transactions. Any ERC20 wallet is compatible for keeping THAN tokens. Big community of users that understand its basic functioning. 5

6 5. Platform features: As we have previously mentioned, once our platform is fully operative, it will be able to provide a wide variety of services and features amongst which are the following: - An advanced system of digital inheritances protected and powered by the Ethereum network and the smart contract technology. You will be able to bequeath your digital assets to the user or wallet of your choice. We only need your digital signature and the requested information of the user to whom you want to send the assets; our dead man switch system will do the rest. When you stop logging into the platform for a certain amount of time (that you will choose), the smart contract executes itself and the assets, messages or information that you have included will be sent to the receivers that you have previously chosen. - A notification system: periodic reminders that the predetermined time that you have chosen is ending or warnings to the person of your choice whenever you choose about any topic related to our platform, including a guide for new users. - A last wills system linked to the blockchain: your last wishes will be saved in the blockchain and will remain public and unchangeable forever. - Different user and payment levels: Standard: The user will be able to set a destination wallet and an origin wallet, with a single transaction. Premium: The user will have unlimited access and will be able to set several origin and destination wallets and create and modify all the transactions that he wants. 6

7 6. Market potential According to recent surveys, only in the USA, 14 % of the population owns cryptocurrency and 17 % plans to invest in it in the future, and these percentages increase in the youngest generations. On the other hand, in the United States, more that 2,700,00 people die every year according to government data, which leaves us with an average of 378,000 people with crypto assets that die every year. If we assume that on average each of these people has invested 1 BTC, at the present value of $6400, and with an average loss of 20% of those assets due to unexpected deaths (only in accidents, there are 161,374 deaths every year), this gives us a figure of $483 million lost every year in cryptocurrencies only in the USA. This is, of course, without taking into account the loss of private keys because of other circumstances. If we only meet 20 % of that demand and with estimated fees between 3 and 5 %, this would imply revenues between 3 and 5 million dollars per year, as we said, only in the USA and with very conservative estimates. Faced with the increase of the population and the boom of cryptocurrencies that will predictably occur in the coming years, including its everyday use, the demand can escalate exponentially. So, the market potential is practically limitless. 7

8 7. Thanatos token The Thanatos token, also known as THAN, is used as fuel for the Thanatos platform. With this token, you can use the different services that we offer on the platform and it is also the currency in which we charge the fees. This means that any individual or company interested in using our platform has to possess THAN in order to use its Thanatos account. In order to create long-term appreciation of the token value, through the utility of the THAN token in the Thanatos Platform, half of the Thanatos received as revenue or platform fees will be burned until the amount of THAN tokens in circulation reaches the 30% of the total supply. When that amount is reached, the rest can be reintroduced into circulation 7.1 Release and distribution Thanatos token will collect funds through private investors to release and develop the platform and the project. At the start, 1 trillion THAN Tokens were created. After the first promotional airdrop of 150 Millions, a token burn of was performed. We have recently performed another token burn of the remaining tokens that haven t been distributed during the airdrop. So, the up-to-date total supply amounts to 400,166,600,000 THAN and is distributed as follows: 8

9 8. Roadmap We have successfully completed the first steps of our roadmap and we hope to continue fulfilling it with this success in the future. 9

10 9. Conclusion Taking into account the information and the data that we have presented here and the upward growth of the cryptocurrency market that some investors and analysts have estimated to be of 3 trillion dollars in the coming years, we think as a team that Thanatos starts from an advantageous position to offer a service which is very needed and sought after, with a nearly limitless potential market. This is a unique opportunity to create something that will revolutionize the cryptocurrency market and that arises from the need of the investors to safeguard their digital assets. 10

11 10. Contact and info sources 10.1 Contact and Social Media You can find more info about Thanatos in our web: To stay tuned of the project last news you can check our Twitter, Telegram or Bitcointalk: Info Sources fastest-growth-in-japan-and-canada-report/ 11

12 12. Disclaimer The information set forth in this White Paper may not be exhaustive and does not imply any elements of a contractual relationship. The content might be changed and updated anytime and depends on the development of the project. This White Paper does not constitute an investment, legal, tax, regulatory, financial, accounting or other advice, and this White Paper is not intended to provide the sole basis for any evaluation of a transaction on acquiring of the Thanatos tokens. Prior to acquiring the Thanatos tokens, a prospective purchaser should consult with his/her own legal, investment, tax, accounting, and other advisors to determine the potential benefits, burdens, and other consequences of such transaction. Nothing in this White Paper shall be deemed to constitute a prospectus of any sort or a solicitation for investment, nor does it in any way pertain to an offering or a solicitation of an offer to buy any securities in any jurisdiction. This document is not composed in accordance with, and is not subject to, laws or regulations of any jurisdiction which prohibits or in any manner restricts transactions in respect of, or with use of, digital tokens. The Thanatos token is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act of 1933, the securities laws of any state of the United States of America or the securities laws of any other country, including the securities laws of any jurisdiction in which a potential token holder is a resident. The Thanatos tokens are not being offered or distributed to, as well as can not be resold or otherwise alienated by their holders to, citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions with digital tokens are prohibited or in any manner restricted by applicable laws or regulations. If such restricted person purchases the Thanatos tokens, such restricted person has done so on an unlawful, unauthorized and fraudulent basis and in this regard shall bear negative consequences. 14 Thanatos neither offers or distributes the Thanatos token nor carries on a business (activity) in any regulated activity in People s Republic of China or in other countries and territories where transactions in respect of, or with use of, digital coins and tokens fall under the restrictive regulations or require from Thanatos to be registered or licensed with any applicable governmental authorities. Each purchaser of the Thanatos token is reminded that this White Paper has been presented to him/her on the basis that he/she is a person into whose attention the document may be lawfully presented in accordance with the laws of the purchaser s jurisdiction. It is the responsibility of each potential 12

13 purchaser of the Thanatos tokens to determine if the purchaser can legally purchase the tokens in the purchaser s jurisdiction and whether the purchaser can then resell the Thanatos tokens to another purchaser in any given jurisdiction. Certain statements, estimates and financial information contained in this White Paper constitute forward-looking statements or information. Such forward-looking statements or information involve known and unknown risks and uncertainties which may cause actual events or results to differ materially from the estimates or the results implied or expressed in such forward-looking statements or information. The English language White Paper is the primary official source of information about the project. The information contained in English language White Paper may from time to time be translated into other languages. In the course of such translation some of the information contained in the English language White Paper may be lost, corrupted or misrepresented. The accuracy of such alternative communications cannot be guaranteed. In the event of any conflicts or inconsistencies between such translations and the official English language White Paper, the provisions of the English language original document shall prevail. 13