Invest Platform of contents LEGAL DISCLAIMER 2 Executive summary 5 Market Analysis 7 Market Segment...
Transcript of Invest Platform of contents LEGAL DISCLAIMER 2 Executive summary 5 Market Analysis 7 Market Segment...
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Invest Platform Social trustless copy-trading through API services, designed for beginning and experienced cryptocurrency traders.
Whitepaper
Version 2.0 February 2018
Author
Mateusz Fraczek CEO & Founder
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Legal disclaimer
Disclaimer: The information in this document is subject to change or
update without notice and should not be construed as a commitment by
Invest in Brokers. This document is for informational purposes only and
does not constitute an offer or solicitation to sell shares or securities in
investinbrokers.com or any related or associated company. Any such
offer or solicitation will be made only by means of a confidential offering
memorandum and in accordance with the terms of all applicable
securities and other laws.
Scope
This document provides a general and technical overview of Invest
Platform. It describes core elements of the service and provides readers
with an overview of the architectural design- and critical components of
the platform.
This document is for informational purposes only. The Invest Platform
may make improvements or changes to the products, architectural
design, or programs described in this document at any time without
notice.
Invest Platform Official Website: https://investinbrokers.com
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Table of contents
LEGAL DISCLAIMER 2
Executive summary 5
Market Analysis 7
Market Segment - Retail investors 7
Identifying the needs and wants of retail investors 8
Why do beginning traders lose money? 10
What do experienced investors lack? 11
Invest Platform 12
What is invest platform? 12
What sets Invest platform apart from the competition? 13
A first look at invest platform’s interface and functionality 15
Demo application 15
Cryptocurrency exchanges with which we cooperate 21
Developed technology 21
Invest (INV) Token 22
Value and utility 23
Rewarding contributions to Invest platform 24
Invest platform Architecture 25
Team 26
Our Advisors 28
Token sale 30
Token sale structure 30
Fund allocation 31
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Bounties 33
Cryptocurrency exchange listing 33
Roadmap 34
Contact 36
Token Sale - Contact Information 36
General Business Contact Information 36
Company details 36
Legal Disclaimer 37
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Executive summary
Ever since its conception; blockchain has presented itself as a revolutionary technological force
set out to disrupt and offer an improvement over the old paradigms which govern a vast array
of industries. In doing so, cryptocurrency; the lifeblood of blockchain technology, has quickly
established itself as one of the fastest growing asset classes in our recent history.
The opportunities blockchain technology has to offer have not gone unnoticed. This is
exemplified by the ever increasing number of established- and emerging companies employing
blockchain technology, as well as government bodies that are exploring its implementation on a
global scale.
While the tech savvy and attentive venture capitalists have long since discovered the
cryptocurrency market, there still are a lot of institutional and retail investors that have yet to
enter the market. Especially to note are the latter.
Presented with the prospects of making incredible returns on investments, fueled by popular
media and a relatively low barrier of entry, people from all over the world- and walks of life are
now taking their first steps into speculative investing through cryptocurrencies. Retail investors
are entering the market at such a staggering pace that many of the popular exchanges are
having troubles keeping up with demand. As a result of this influx many of these exchanges
have been forced to periodically halt new registrations, some even had to halt trading
altogether just to cope with the stress put on their servers. In light of this, one could say; the
future of cryptocurrency and blockchain technology does look very bright indeed.
The market segment Invest Platform is targeting with its services is that of beginning- and
experienced retail investors. From our preliminary market analysis we have identified several
pains present in this segment that we are resolved to tackle. It has come to our attention that
on the one hand, successful and experienced crypto-traders often lack the means or reach to
attract additional investment funds by offering their services. On the other hand, we have
inexperienced investors that are in desperate want for such services due to a lack of time, or
necessary technical- and psychological skills.
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To address this need Invest Platform offers its users a feeless platform
enabling trustless API-based copy-trading for experienced and beginner
cryptocurrency traders. Through an easy to use platform interface, users
will be able to copy experienced traders directly and without effort on the
exchange(s) of their preference, all the while keeping full control over
their funds and private keys.
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Market Analysis
Our market analysis serves to provide a very basic and general impression of the scope and
growth rate of the market segment that Invest platform will be targeting. Next we identify and
discuss the pains and challenges retail investors currently face, which Invest Platform is
resolved to tackle.
Market Segment - Retail investors
According to a news article published on November 2, 2017 by Bloomberg, the popular
exchange Coinbase Inc. added over 100,000 users in just 24 hours time. Instead of being an
exceptional occurrence we’ve since seen several such reports appearing on news websites.
Most notable were Binance’s record setting registration of 240,000 new users in the span of
one hour; And the most recent press release of Robinhood, boasting a 1,000,000 applicant
waiting list since they announced to be adding cryptocurrencies to their exchange.
These staggering numbers are reflected in the wallet statistics of the two
biggest cryptocurrencies (by market cap):
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The above is just a very small selection of news articles and possible data points intended to
illustrate the general point we want to make: the number of retail investors are increasing at an
unprecedented rate. As such we believe that this gives us an optimal opportunity to capitalize
on the needs and wants of this growing segment in the market.
Identifying the needs and wants of retail investors
Cryptocurrency, thanks to its open and decentralised nature, offers a relatively low barrier of
entry for anyone interested. Theoretically, anyone, regardless of socio-economical or
geological/ethnic background, who has access to the internet ,has the means to set up a
cryptocurrency wallet and begin trading.
And in 2014 we at Invest Platform did just that. We opened a wallet and began investing in
cryptocurrencies.
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However, as we all soon learned, trading isn’t as easy or straightforward as one would hope. As
we were taking our first steps it became apparent that it was nearly impossible for us to keep
track of all the information floating around about all the cryptocurrencies we were invested in.
Even today there still aren’t any services that aggregate this information into an ‘easy to digest’
format. Information is still spread all over social media, from the depths of reddit to some
comment on telegram. Even more difficult than browsing the social media we knew of was
finding information about cryptocurrencies who’s main targeted audience was China. As much
as we wanted to stay up to date, learning Chinese just wasn’t a realistic prospect.
Besides the issues we’ve experienced with simply finding and reading all the information out
there; we were still confronted with perhaps our biggest limitation: Time.
We simply didn’t have enough time to read it all! We all have full time jobs and responsibilities
outside of our jobs. Trying to squeeze the little free time we had for crypto-trading just didn’t
cut it. Especially considering this market is open 24/7. To our frustration we’ve watched our
profits melt away as we went to bed.
But it wasn’t all bad, we did make some profitable trades... only to realize that those trades may
have appeared profitable when expressed in USD, but looked quite depressing when expressed
in BTC or ETH.
Or that time we sold a crypto-asset that suddenly gained 20% after months of being down -5%.
Thinking we were geniuses who managed to cut their losses and even made some profits while
doing so! Only to revisit coinmarketcap a couple of weeks later and see that same crypto-asset
suddenly making its way up the top 100 list. You can imagine our frustration as we watched all
those potential profits go by.
Quite quickly it became painfully apparent to us that we were lacking the
technical- and psychological skills necessary to become a good trader.
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Why do beginning traders lose money?
If our story sounds familiar to you, it is because we’ve experienced all the
main reasons why beginning traders lose money:
They don’t have the time to properly research their investments.
They don’t have enough knowledge about technical analysis.
They don’t have enough experience with cryptocurrency exchanges.
They don’t have the right psychological mindset.
They don’t have the patience.
Put all these reasons together and you’ve got a recipe for lost opportunities and an even greater
loss of value.
On the other side of the story we have the experienced investors, which we will take a look at in
the following.
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What do experienced investors lack?
Experienced investors and traders possess all the necessary skills to thrive in the
cryptocurrency market. However, unlike the traditional market, they lack the availability to
maximally capitalize on their skills. While successful stock traders have the option to sell their
skills to financial institutions, we’ve found that crypto-traders do not have similar opportunities.
Oftentimes successful traders work relatively isolated, discussing and gathering information on
social media platforms with like minded people, but unable to monetize on their sharing of ideas
and strategies.
What experienced and successful crypto-investors lack can be condensed in one sentence:
They have very few options to sell their skills to those who would benefit from these skills.
By offering a feeless platform enabling trustless API-based copy-trading
Invest Platform offers a direct solution to the problems faced by
beginning- and experienced cryptocurrency traders.
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Invest Platform
What is invest platform?
The concept of Invest Platform is quite simple:
An experienced investor, who has a proven track-record, can choose to share his trading
strategy with other users. Beginners (or experienced traders who are in need of a break) can
then follow any trader that shares his strategy on our platform, simply by subscribing to that
particular trader.
Both the experienced trader and the user who subscribed to the trader are linked through an
API. This way any sell or buy order the experienced trader makes is automatically copied to your
account, on the exchange of your choice.
The main advantages of using an API service is that you remain in full control over your
funds, private keys and choice of exchange (e.g. Bittrex, Binance, GDAX, Poloniex, Bitifinex).
Our goal is to bring together beginning- and experienced traders in a win-win situation.
Because of our platform, each user increases the opportunity to maximize their profits. The
beginning trader does so by enjoying the skills and success of experienced traders; while
experienced traders do so by having the ability to offer their paid services to a large audience.
Amateur
Earn by investing in the same positions as
an experienced investor.
Gain valuable knowledge from experienced
investors.
Be able to discuss and ask questions
directly to an experienced investor in the
chat.
Experienced
Share knowledge with the users who are
subscribed.
Doesn’t pay any commission!
Grow their earnings, status and following
through our ranking system.
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Covesting Coindash Tradershub Invest Platform
No platform fees
No fees on profit
No internal wallet
Community members High Low Medium High
Transparent review system
Community chat
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What sets Invest platform apart from the competition?
In contrast to competitive platforms offering similar services, our
platform has several key advantages which we would like to highlight:
No hidden fees - Competitive systems are expensive and demand exuberant fees. The
Invest Platform offers a free platform based service that brings both beginning and
experienced traders together. Our platform is accessible through the staking of INV tokens
and only charges 10% on the profits made by users following a trader of their preference. For
a detailed discussion please refer to ‘Invest (INV) Token’.
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Safety - Competitive systems require users to deposit money into their own wallets. This
leaves users at risk of potential theft. Our platform has taken a different approach. By
connecting our users through an API, you keep access to your money at all times. Not only
will this save you valuable time from not having to send funds from and to wallets; more
importantly, you will not be exposed to theft. As an additional safety measure we have limited
the API intractability to only being able to open and close positions. Withdrawals will be
blocked at the API level. Our platform itself will be secured by Google two-factor
authentication, text-message authentication and IP whitelisting.
Community - Our platform is open to all traders. Each user will be able to acquire a ranking
which reflects his level or skill and trust on our platform. This opens the possibility to anyone,
who has the sufficient ranking, to gather subscribers and earn for offering their services. In
addition, each user will be able to share their ideas and technical analysis directly with their
subscribers via our chat.
Traders - The experienced investor assuming position, builds trust and ranking on our
platform. Each investor will be classified with our proprietary level system. The better
track-record the investor has, the higher level he gets. This allows the trader to attract a
greater potential following.
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A first look at invest platform’s interface and functionality
Dashboard
This is the main screen on our platform and contains the most important information about the
user’s account.
Statistics
A graph showing the user’s performance statistics in a week/month or year range.
Connections
The number of people who follow the user’s profile.
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Your Trades
List of open or closed positions and percentage of earnings or losses.
Successful traders
A section showing the highest performing investors in the last 30 days. The user can view each
of these investors and check the statistics.
Deposit
By combining API with your favourite cryptocurrency exchange, we can generate a preview of
your funds deposited on the exchange.
Profit in the last 30 days
Calculates the profit or loss of the last 30 days.
Chat
Allows users to communicate with other users.
Settings
Basic user profile settings, cryptocurrency exchange, APIs settings, two-factor authentication
security.
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Traders
Successful traders
The list of all traders registered in our system sorted by performance ranking; from best to
worst. Each profile has information about the current level of the user, the number of people
who follow his profile and statistics of earnings. Each user has access to archival statistics of
other users, but currently opened positions are available only to users who subscribe to the
selected profile.
Subscription level
This displays the subscription level of the user.
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Market details
All data about the selected cryptocurrency.
The main screen from which every user can establish positions on the cryptocurrency market.
Here you can find all the necessary elements for trading. All elements are available thanks to the
connection of the API with the cryptocurrency exchanges.
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Mobile applications
Our platform will be also available for Android and iOS mobile devices.
Access to our platform at any time.
Demo application
Demo of our application will be available through pre-sale.
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Developed Technology
Our team uses popular development of technologies and databases like PHP, Ruby on Rails,
JavaScript, MySQL, Swift, Objective-C, Kotlin, Java.
To use the Invest Platform it will be necessary to have ERC20 token INV. Users will be motivated
to receive these tokens for their work and setting up positions that bring profit.
Currently, we are working on 1.0 version of our system, which will contains all the necessary
functionalities needed for proper use of the platform. The system will be connected to the
Bittrex exchange because it is the favourite cryptocurrency exchange of many traders.
In version 2.0 of the system, new functions will be included, including those proposed by our
users. The system will be combined with the next cryptocurrency exchanges Binance, GDAX,
Poloniex, Bitifiniex, Kraken, Bitstamp, Cryptopia.
Cryptocurrency exchanges that will be available on our copy-trading platform
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Invest (INV) Token
Invest token (INV) will serve as a means of staking and the main payment
unit on our platform, essentially functioning as an internal currency.
INV will be implemented as an ERC20 token on the Ethereum blockchain.
The Ethereum blockchain has been chosen for this project due to its
wide application and proven reputation as an industry standard for
issuing non-standard digital resources.
INV Token will:
Serve as an internal payment solution for access- and use of all functions and services on
the Invest platform.
Be used as a social reward and reputation system.
Be a payment instrument on the profits generated through the use of our platform.
INV Token will not:
Pay dividends or profits of any kind, including buyback.
Enable holders to vote on company matters.
Control the company or give/imply ownership in any way.
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Value and utility
VALUE FOR TOKEN HOLDERS AND PLATFORM USERS
INV is the base currency for our platform and will be used to pay all fees (subscription, profit fee)
on the platform. There will be a fixed supply of INV tokens in existence. After initial issuing, no
further INV tokens will ever be created.
Our platform users must stake INV tokens to access all functionalities on our platform.
Additionally, INV tokens will be used as an internal currency on our platform.
INV token use model
To access our platform users will have to stake a fixed amount of INV tokens. Staking INV
tokens allows access and use of all our services and functions on the platform.
Any INV tokens exceeding the fixed amount necessary for staking will be used as an internal
payment solution on our platform.
The user pays a total of 25% of the profits made through the use of our platform. No profits =
no cost. This means that anyone subscribing to our platform will never be charged on losses,
essentially using our platform for free. The 25% tax on profits will be divided in the following
manner: 15% will go to the trader which he/she is following. 10% will go to our platform. Of the
10% that goes to Invest platform, 1% will be burned. (This amounts to a total of 10% of the
invest platform earnings).
INV tokens are deflationary:
- As the users on our platform increase, less INV tokens will be in circulation due to our
staking mechanism.
- Because INV tokens have a fixed supply and 10% of our earnings will be burned, the
total circulating supply will further and permanently decrease.
INV tokens will be used by Invest platform as a reward for its users.
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Rewarding contributions to Invest platform
INV tokens will be used to reward the best investors who provide
effective signals and technical analysis. Invest platform will also reward
users who actively participate in the promotion of the platform.
Through its rewarding system Invest Platform will be giving back up to 10% of it’s total
earnings as a monthly reward to the best traders and content-value providers.
Invest platform will regularly organize competitions where traders can earn INV tokens.
Rewarding traders with the highest returns / lowest risk scores.
Reward traders and content creators with the largest number of followers.
Reward content creators for putting out high quality content.
Reward active users with highest referral score
Reward the best bloggers
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Invest Platform architecture
Safety We do not keep users’ funds, all funds stay on cryptocurrency exchange.
Subscription The whole subscription cost goes to the Investor, thanks to which the amateur trader also earns.
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Mateusz Fraczek Founder & CEO
XXXXXXXXXXXXXXX
Rafal Wlaz CTO and Security Expert Formerly: Coders Lab
Alex Kowalski Lead Backend Developer Formerly: GetResponse
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Agnieszka Sasin Marketing Expert Formerly: Unilever
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Team Meet our team that will revolutionize investments in the cryptocurrency
market.
We are an experienced and professional group of developers who have been working together since 2013, under the company Caviarsoft.com, creating web- and mobile applications for clients from all over the world. People working in our team have experience in large corporations e.g. Unilever, Samsung, Coders Lab, MailOnline. We understand crypto investments from personal experiences and feedback from the crypto community.
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Lukasz JackiewiczSenior UI/UX Designer Formerly: Subtl.
Pawel DedioAndroid Developer Formerly: Samsung
Jonas ZenoMobile Applications and Blockchain Developer Formerly: MailOnlineXXXXX
XXXXXXXXXX
Marcin KurzepaFrontend Developer Formerly: WebGood
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
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Jason Hung Strategy Advisor Expert at ICOBench.com
Our Advisors
Leaders of the best technological and financial institutions, such as Ebay, Sky, Barclays, IBM,
and advisers of well-known projects, e.g. Sapien, Zen, ETHLand, Experty, Friendz, BitRewards,
BetterBetting and many more.
Adnan Javed Blockchain Advisor Sapien, Zen, ETHLend Advisor
Simon Cocking Marketing Advisor Expert at ICOBench.com
David Drake Investor Relations Advisor Expert at ICOBench.com
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
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Anthony Ginsburg Technical Advisor Director of IT at Sky
Emma Adkins Investor Relations Advisor Head of Investor Relations at Ebay
Rumen Slavchov Marketing Advisor BitRewards, BetterBetting
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
XXXXXXXXXXXXXXX
XXXXX
Andrew McGlan Strategy Advisor Senior Business Analyst at Barclays
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60% Token Sale 20% Core Team 13% Reserve fund5% Advisors 2% Bounty
Token sale
Pre-sale
Pre-sale will start on 26th May and run until 15th July 2018.
Public token sale
Public sale will start on 15th August and run until 30th September 2018.
There will be a total of 210 million, of which 60% will be offered for sale at a base of 0.0002 ETH
(website: https://investinbrokers.com)
Soft Cap: 4000 ETH ($1 500 000)
Hard Cap: 21429 ETH ($8 000 000)
Unsold tokens will be burned.
The tokens will be allocated in the following manners:
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The Invest Platform team will be on a 2-year vesting schedule.
The team will receive 1⁄4 of their allocation 6 months after the end of the Public Sale. Every
month thereafter, the team will receive 1/24 of their allocation until the 2-year vesting schedule
is finished.
No one is exempt from this vesting schedule including co-founders and advisors.
For information on Pre-sale, join our Telegram channel:
https://t.me/investinbrokers
Fund allocation:
40% Development 40% Marketing 15% Operations2% Overhead 2% Bounty 1% Advisors
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Token Sale Bonus System
It is possible to take advantage of the following bonuses during token
sales:
Private pre-sale: 50%
Public pre-sale: 30%
Public Sale: 0%
59% Public sale 26% Public pre-sale 15% Private pre-sale
Token sale allocation, 60% of total supply:
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Bounties:
For our bounty campaign we will be offering INV tokens as a reward. Collectively, people will be able to earn up to 2% of our total token supply!
Bitcoin talk bounties details: https://bitcointalk.org/index.php?topic=3072574
Community Management — 2 000 000 INV Signature Campaign — 600 000 INV Translation Campaign — 1 000 000 INV Youtube Campaign — 1 500 000 INV Blog and Media Campaign — 1 000 000 INV Facebook Campaign — 1 500 000 INV Twitter Campaign — 1 500 000 INV Telegram Campaign — 400 000 INV
Bonuses earned during the bounty-campaign will be credited to the participants’ accounts within a week after the closing of the Public Token
Sale.
Cryptocurrency exchange listing
Tokens can be easily bought or sold on numerous cryptocurrency
exchange markets after the token sale campaign finishes.
The number of exchange markets will grow with the increase in the platform trade turnover and the users’ demand from different countries. Our team is planning to introduce INV tokens to more than 10 international cryptocurrency exchange markets.
It will be possible to buy and sell INV tokens for the most commonly traded cryptocurrency pairs such as ETH or BTC.
The INV token will be available on the first exchanges within few weeks of the end of public sale.
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Roadmap:
Q2-Q4 - 2017
Conceptual creation of Invest Platform
Market research and analysis
Strategic development of the business plan
Invest Platform proof of concept
Q1 - 2018
Publishing the Invest Platform white-paper
Creation of a dedicated website
Team expansion and strategic recruitments
Business plan finalisation
The introduction of the Invest Platform to potential traders
Start of a first marketing campaign
Building the Invest Platform community
The presentation of the project for early investors
Q2 - 2018
Launch second marketing campaign
The project presentation for all potential users
Smart contract implementation
Open registrations to Invest Platform
Create a traders database
Token Pre-sale
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Q3 - 2018
Launch third marketing campaign
Product v0.5 release and testing
Completion of Invest Platform demo
Public sale
Token distribution and unlocking
Exchange listings of INV token
Mobile application development
Q4 - 2018
Launch fourth marketing campaign
Adding further functionality to the platform. (e.g. Trading alerts)
Invest Platform product release v1.0
Q1 - 2019 and onward
Mobile application release
Further improve the platform adapting to specific needs and wants of our users
Further pursue strategic partnerships with traders and exchanges
Continue launching marketing campaigns to promote brand recognition and attract users
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Contact
General Business Contact Information
Website - https://investinbrokers.com
Email - [email protected]
Token Sale - Contact Information
Website - https://investinbrokers.com
Email - [email protected]
Telegram - https://t.me/investinbrokers
Twitter - https://twitter.com/investinbrokers
Facebook - https://facebook.com/Investinbrokers
BitconTalk forum - https://bitcointalk.org/index.php?topic=3072574
Company details
Caviarsoft Limited
IInd Floor,
40 Tooting High Street,
Tooting Broadway,
London, SW17 0RG,
United Kingdom
Company number: 08422047
Company website: https://caviarsoft.com
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This Token sale whitepaper and the documents attached therefore or associated with contain
forward-looking statements within the meaning of Section 27A of the Securities Act and
Section 21E of the Exchange Act, which are subject to the safe provisions of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements, including, without
limitation, statements regarding anticipated use of proceeds from the Token sale, are based on
current expectations, estimates and projections about our industry, Company management’s
beliefs, and assumptions made by Company management. Words such as “anticipates,”
“expects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” and variations of such words and
similar expressions are intended to identify such as forward-looking statements. These
statements are not guarantees of future performance and are subject to certain risks,
uncertainties and assumptions that are di cult to predict; therefore, actual results may be
different materially from those expressed or forecasted in any forward-looking statements due
to a variety of factors, including, without limitation, our ability to meet the minimum Token sale
amount, if any, unanticipated costs and expenses related to the Token sale, changes in
Company’s financial condition or business strategy that impact the use of proceeds from the
Token sale, and other factors. The risks and uncertainties include those noted in “Risk Factors”
document provided in connection with the Token sale (available on Token sale website).
Excessive reliance should not be placed on the statements in this whitepaper or any associated
materials, which are based on information available to Company on the date thereof. Company
undertakes no obligation to update any forward- looking statements, whether as a result of new
information, future events or otherwise, except to the grade that Company is required to do so
by law.
The grade of the Tokens sold in connection with this Token Sale may be securities under U.S.
Securities Act of 1933, these Tokens are offered only outside of the United States to non-U.S.
persons, pursuant to the provisions of Regulation S of the U.S. Securities Act of 1933, as
amended. These Tokens have not been and will not be registered under the Securities Act, and
may not be offered or sold in the United States or to U.S. Persons absent registration or under
an applicable exemption from the registration requirements and the purchasers should not
assume they will be able to resell their Tokens. Neither the Securities and Exchange
Commission nor any state regulator has passed upon the contribution or given its approval to
the Tokens, the terms of the Token Sale, or the accuracy or completeness of any associated
materials. Buying Tokens involves risks, and purchasers should be able to bear the loss of their
entire purchase. All purchasers should make their own determination of whether or not to make
any purchase, based on their own independent evaluation and analysis.