WHITEPAPER V3.5 11 Sep 2018 Crypto exchange and ICO platform
THE SEA Sea as in a habitat for alt coins to be born and thrive. SEA as in South East Asia s largest crypto company
DISCLAIMER KRYPTOSEA IS OWNED BY CAXICOM, A LIMITED LIABILITY COMPANY INCORPORATED IN REPUBLIC OF SEYCHELLES. IMPORTANT NOTICE: PLEASE READ THE ENTIRETY OF THE Legal Considerations, Risks and Disclaimer SECTION CAREFULLY. WE RECOMMEND YOU CONSULT A LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) OR EXPERTS FOR FURTHER GUIDANCE PRIOR TO PARTICIPATING IN THE COVESTING LIMITED TOKEN SALE OUTLINED IN THIS WHITE PAPER. Please note that this is a summary of the legal considerations, risks and disclaimers document which can be found https://www.kryptosea.com/legal_disclaimer.pdf and which you must read in full: Making use of this White Paper and any and all information available on the website(s) of CAXICOM / KRYPTOSEA (the Company ) and/or Participating in the Company s token sale outlined in this White Paper (the Token Sale ). Any undefined capitalized terms below shall have the meaning set out in the Legal Considerations, Risks and Disclaimer section. This summary should not be relied on in place of reading the Legal Considerations, Risks and Disclaimer section in full. The Legal Considerations, Risks and Disclaimer section the full version of which can be found at https://www.kryptosea.com/legal_disclaimer.pdf applies to this White Paper and any and all information available on the Website. The contents of the Legal Considerations, Risks and Disclaimer section outlines the terms and conditions applicable to you in connection with: Your use of this White Paper and of any and all information available on the Website; and/or Your participation in the Token Sale, in each case in addition to any other terms and conditions that we may publish from time to time relating to this White Paper, the Website and the Token Sale (such terms hereinafter referred to as the Terms ).
DISCLAIMER The information set forth in the Legal Considerations, Risks and Disclaimer section may not be exhaustive and does not imply any elements of a contractual relationship. While we make every reasonable effort to ensure that all information: In this White Paper; and Available on the Website (all the information in the White Paper and all information available on the Website hereinafter referred to as the Available Information ) is accurate and up to date, such material in no way constitutes professional advice. The Company does not recommend purchasing Tokens for speculative investment purposes. Tokens do not entitle you to any equity, governance, voting or similar right or entitlement in the Company or in any of its affiliated companies. Tokens are sold as digital assets, similar to downloadable software, digital music and the like. The Company does not recommend that you purchase Tokens unless you have prior experience with 5 cryptographic tokens, blockchain-based software and distributed ledger technology and unless you have taken independent professional advice. Citizens, nationals, residents (tax or otherwise) and/or green card holders of each of: The United States of America; Singapore; South Korea; The People s Republic of China; or Any other jurisdiction which prohibits the possession, dissemination or communication of the Available Information and/or prohibits participation in the Token Sale or the purchase of Tokens or any such similar activity or any other Restricted Persons are not permitted to participate in the Token Sale. In no event shall the Company or any current or former Company Representatives be liable for the Excluded Liability Matters. The Company does not make or purport to make, and hereby disclaims, any representation, warranty or undertaking in any form whatsoever to any entity or person, including any representation, warranty or undertaking in relation to the truth, accuracy and completeness of any of the information set out in the Available Information. You should carefully consider and evaluate each of the risk factors and all other information contained in the Terms before deciding to participate in the Token Sale.
BACKGROUND CRYPTO FUTURE The cryptocurrency market has grown exponentially for the last few years to multi-billion industry. Behind this growth is the blockchain technology, which is way more than just currency. The application of blockchain technology is endless both in the consumer space and the enterprise space. Many businesses go about tokenizing their business model and benefit the entrepreneurs and the investors, and at the same time disrupting the incumbents. Some true Bitcoin believers think BTC should be worth $250,000 to $500,000 in 13 years According to a study, # of Bitcoin users now ~10M, and will increase to 200M by 2024 and become mainstream by then.
600M+ population 5%+ GDP growth SOUTH EAST ASIA TARGET MARKET
VISION THE NEXT 60 MILLION USERS Cryptocurrency is too complex for ordinary users. The use cases are still limited, and the transaction time and fees are usually prohibitive. We envision the next million users in the crypto economy where KryptoSEA enables payment for daily things in cryptocurrency, and enables money transfer and withdrawal across the globe with speed and 100% ease. We also envision assisting large businesses tokenizing their business model and democratizing assets. If we could capture just 10% of South East Asia population, KryptoSEA users would have exceeded Bitcoin users The question is how. The next slide is KryptoSEA solution to embrace ordinary people as crypto users.
WHAT WE WILL DO Worldwide Peer-2-Peer Worldwide Over-The- Counter Point of Sale (POS) Mobile ewallet Gateway Digital Asset Exchange
WALLET The key to millions of SEA users is a consumer application that touches day-to-day lives.
WALLET
3 RD PARTY ANCHORS Europe USA Middle East China South East Asia Australia By integrating with 3 rd party anchors, there are more avenues for SEA token holders to convert to/from Fiat currencies around the world, both online & offline.
Anchors & Merchants Any individuals around the world can become the anchor to sell crypto and receive cash. Any physical counter (eg. Coworking space) can also become the anchor to sell crypto and receive cash. Any internet payment point interface such as POS can also become an anchor by allowing purchase of crypto. ewallet can also become an anchor by allowing users to sell crypto to become their ewallet fiat balance. Any offline merchants (eg. retail, café) can buy crypto from consumers and receive cash converted to products / services. As ecommerce player, by working with us, they expand their customer base.
SEA DIFFERENCE SEA WALLET 1 2 Instant Peer to Peer worldwide transfer with 0 fees and millisecond per transaction time Over-The-Counter (OTC) crypto to cash and cash to crypto at our anchors all around the world Mobile Point-of-Sale (POS) for offline merchants who want to receive payments in crypto 3 Payment gateway for online merchants who want 4 to receive payments in crypto Exchange SEA to/from other cryptocurrencies (BTC, ETH, XLM) directly on mobile app No Fiat in the platform itself, enabling agility in worldwide scale
EXCHANGE Crypto / Digital Asset Exchange is the core gateway to liquidity. With our own exchange, SEA will be liquid and other future coins can join.
EXCHANGE POSITIONING HIGH PERFORMANCE ENGINE We build our exchange with security, efficiency, speed, and scalability in mind. We will enable RESTful API to work with 3 rd party wallets. FRIENDLY UI/UX With top-notch UI/UX team, we are going to build an exchange that is easy to use for firsttimers, and yet powerful enough for professional traders at the same time. COPY TRADE KryptoSEA will incorporate social functions and allow experienced traders to share and monetize their trade expertise. STOP-LOSS KryptoSEA provides stop-loss functionality for users for their complete peace of mind.
EXCHANGE COINS KryptoSEA will initially support trading pairs against USDT of these coins: BTC ETH XLM SEA (KRYPTOSEA Coin) We will be adding more pairs in the future. KryptoSEA exchange will only support crypto to crypto, but as explained on previous slides, KryptoSEA will work with wallet providers for Fiat entrance. DEVICE COVERAGE Web Based Trading Client Android Client ios Client REST API Backend
EXCHANGE KryptoSEA s business model for the exchange: Source Description Exchange Fee Withdrawal Fee KryptoSEA will charge a 0.05% fixed fee per trade. Other variations will be subsequently announced KryptoSEA will charge a competitive fee for withdrawals Listing Fee Other Fees KryptoSEA will select qualified coins to be listed on the exchange, there will be listing fee for new altcoins There may be other fees that the exchange may charge for other services provided
EXCHANGE PROTOTYPE
ICO PLATFORM ICO surpasses VC seed funding sometime in 2017. Anything can be tokenized: utility token like ours, equity token, and even those backed by real assets.
ICO PLATFORM 1. Venture ecosystem: businesses can engage our ecosystem of consultants, accelerators, and venture funds to increase chance to be approved to be listed on our platform. 2. Token generation: businesses can generate tokens assisted by KryptoSEA. 3. Showcase: businesses can submit all the necessary data / business plan in a structured, assisted way. Once rigorously checked by KryptoSEA and published, investors can gain information as much as they need, in order to invest, eg. their whitepaper, team member, and roadmap. 4. Tokens sale: Once the ICO is successful, the business can immediately list the new token on our exchange. With our system, token buyers will be able to buy these tokens very easily.
With the purpose of creating our ecosystem, KryptoSEA would like to invite you to participate in our ICO (Initial Coin Offering). KryptoSEA will offer the KryptoSEA Token and use the token symbol SEA. Our tokens will use Stellar technology token standard and will. Our ICO will only be done in BTC. ICO
ICO SCHEDULE Pre-ICO will commence on 3 rd quarter 2018, public investors can purchase SEA tokens in 4 phases until a maximum of 100.000.000 tokens are sold. The price will increase gradually in each phases. ICO Phase PRE-ICO ICO Phase-1 ICO Phase-2 ICO Phase-3 1 SEA = $0.2 1 SEA = $0.225 1 SEA = $0.25 1 SEA = $0.275 20M SEA 40M SEA 20M SEA 20M SEA 20M SEA
TOKEN USE CASE With our regional wallet integration, our token can be used as method of cross- 1 2 border transactions. Deposit in one country, withdraw in another. Our OTC (Over-The-Counter) feature will allow users to transfer money without bank account. Exchange cash with crypto and voila! 3 At KryptoSEA.com exchange, SEA can be used to discount trading fees and as entrance fee to our ICO platform. 4 Businesses large and small can leverage SEA app to reward customers (voucher, points) and accept cryptocurrencies for purchases (*every country has different regulation on payments).
TOKEN HOLDER BENEFITS 20% Value Increase With high number of users and various utility of KryptoSEA app, token holders can expect increased valuation. Free trading* 20% HODL bonus Token holder will receive up to 50% discount on trading fees when using SEA to pay. Airdropped monthly reward SEA token bonus for HODLers up to 243%. See next slides for more detail. Free new token 10% Free bonus airdrop of new tokens which ICO on our platform and list on our exchange. Amount of free tokens airdropped will be determined by KryptoSEA.
SEA TOKEN PRICE PROTECTION REPURCHASE 10% of KryptoSEA net profit will be allocated to repurchase our token every quarter. The SEA that is bought back would be immediately burned. 10% 10% BUY BACK Another 10% of KryptoSEA net profit will be used to buy back SEA tokens in the exchange.
INITIAL ALLOCATION Partners ICO Participants Founders 50M: Team & Advisors 10M Marketing & Sales 15M Partner Reserve 25M Amount (SEA) 100M 50M 50% 25% 25% ICO's FUND USAGE 10% 30% 30% 20% 10% of the funds would be used for technology infrastructure of the funds would be allocated for building the platform of the funds would be used for branding and marketing activities of the funds would be used for operational activities 10% of the funds would be reserved for any unexpected circumstances that might happen
HODL Bonus To align our long-term goal, SEA token holder who do not sell their holding will be airdropped / rewarded with bonus additional SEA based on their remaining SEA balance within our exchange: 2018 2019 2020 2021 Jan Jan 6% Jan 3% Jan 1.5% Feb Feb 6% Feb 3% Feb 1.5% Mar Mar 6% Mar 3% Mar 1.5% Apr Apr 6% Apr 3% Apr 1.5% May May 6% May 3% May 1.5% Jun Jun 6% Jun 3% Jun 1.5% Jul Jul 6% Jul 3% Jul 1.5% Aug Aug 6% Aug 3% Aug 1.5% Sep Sep 6% Sep 3% Sep 1.5% Oct 6% Oct 3% Oct 1.5% Oct Nov 6% Nov 3% Nov 1.5% Nov Dec 6% Dec 3% Dec 1.5% Dec Total bonus is up to 243% For example, a purchase of 10,000 SEA will become 34,300 SEA assuming all are not sold / used. Note that there will be no more bonuses after Sept 2021.
SEA VESTING PLAN The 50 million SEA issued by the founders should be subject to a four-year vesting period. Each year founders would receive 25% of their SEA holdings in quarterly manner. The 50 million SEA issued for the partners and team should also be subject to a two-year period. Each year they would receive 50% of their SEA holdings in quarterly manner. The 100 million SEA issued to public would have no vesting period.
Overview Roadmap Pre-ICO Core Team Assembled Private sale of SEA tokens Q3 2018 Pre-ICO and ICO completed Q4 2018 MVP Product Launch Q2 2019 Agile continuous enhancements Q1 2019 Integration with various 3 rd party anchors and merchants Q3 2019 Multiple successful ICOs on the platform Q4 2019 Largest crypto company in South East Asia ROADMAP
TEAM Toto Kurnia CEO Toto is the son of an Indonesian textile businessman and has major operational experience in managing thousands of employees. He took interest in cryptocurrencies in 2017 and has since run a mining operation, trading and participates in many ICOs in the region Jay Chung CTO Jay is an experienced engineer with over 20 years of experience in information security, cybersecurity, network appliances, virtualization, and enterprise infrastructure. Jay currently works in Silicon Valley serving as Chief Architect with Blazee, Inc and Team Lead with FireEye, Inc. He begins now tinkering with various crypto-exchanges Rest API to perform arbitrage trading. Abed Darmawan CMO Abed Darmawan co-founded an internet startup LooknLoop, a retail location discovery / community app. Abed as CFO plays major instrumental role in carrying the startup to success and multi-million dollar acquisition by one of the largest Indonesian conglomerate groups in 2017.
TEAM Josh Hong CFO Josh was the local director of an American crypto-exchange in Singapore. Josh has a wide range of business and technical experience ranging from startups to large corporates. He currently leads customer adoption in Asia Pacific for the IBM Cloud, in particular the Watson Artificial Intelligence and Machine Learning space. Neil Cresswell COO Neil Cresswell cofounded ViFX and pulled a successful significant exit in recent years. He is a technologist who has spent the last 15 years working with VMware Technologies, and lately transitioned to emergent technologies such as Docker. Neil is the founder of a company called Portainer.io, and also was the CEO of IndonesianCloud, a Jakarta-based public cloud company. Arvin Tang Business Development Arvin Tang is the CEO and cofounder of Techlyon, a Singaporean digital agency championing integrated brand campaigns and goto market strategies for clients including ASUS. Arvin and his team was instrumental in the success of Commercelab.io ICO.
Advisors Our lead advisors below. KryptoSEA also engages with other advisors from 7 countries to lead our global push. Ikin Wirawan Ikin is known as the founder of WGS, one of the leading enterprise System Integrator in Indonesia. At age 32, he receives a Forbes young entrepreneur award. He possesses the rare combination of business and technology (including blockchain) know-how. Calvin Kizana Calvin is a serial tech entrepreneurs with Forbes and EY awards on his belt, and is currently CEO and cofounder of PicMix, a 30- million-user app. Calvin has been involved in multiple successful ICOs in the region, and constantly sought after as *the* ICO / blockchain expert in Indonesia. Donny Pramono Donny is the founder and marketing genius behind the very successful Sour Sally yoghurt chain and its group. Recognized as Top 40 under 40 on Prestige Magazine, he is also the investor of Purwadhika startup school, and recently poured significant funds towards ICOs in the region.
That's it. To start purchasing visit : www.kryptosea.com