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EMPOWERING THE MASSES

TRADE | STORE | SPEND

World’s First Fiat-Crypto Exchange with


Integrated Digital Payment Solutions

Litepaper
BCoinsg.io
V1.1.2
23 August 2018
The BCoin Vision

PL L
BCoin is committed to bringing

A IV
cryptocurrencies into mainstream adoption

T E
FO
through our end-to-end Cryptocurrency

RM
Service Platform. Built for the masses,
whether it is your entry or exit point, our
platform has got you covered.
Already trading your favourite
cryptocurrencies, BCoin is an existing
business – heavily invested in education,
incubation, and state-of-the-art facilities, our
mantra is the enablement of adoption and
empowerment of the masses through
cryptocurrencies and distributed ledger
technologies.

Meet The Team


KEY PERSONNEL

Davy Goh, Dr Ting Shang Ping, Sophia Chen, Ivan Lae, Wendy Lim,
Founder & CEO CTO COO CCO CMO

The team behind BCoin.sg combines more than 30 years of experience in


investment banking, fin-tech and exchange infrastructure development.
Singapore-based CEO Davy Goh leads it.

BCoin.sg Litepaper 2
Unique Value Proposition

“Bitcoin has succeeded on the level of a new currency, but the payment system
is somewhat lacking, It’s very hard to use, and that’s the big challenge”
- Peter Thiel, Founder of PayPal

TRADE
TRADE ALTCOINS
FIAT-CRYPTO GATEWAY
MOBILE TRADING
OTC TRADING SERVICES

STORE
MOBILE WALLET
MULTI-CURRENCY
PAYMENT INTEGRATED

SPEND

PREPAID DEBIT
READILY ACCEPTED
RECHARGE ON-THE-GO

BCoin.sg Litepaper 3
Token Economics for
Adoption
TOKEN FEATURES TRADE, STORE, & SPEND SECURELY
Discover an entirely different ecosystem for a new tokenized
economy

Discounted
Trading Fees

Designed to enable an organic


increase in demand through
(1) Platform Usage
and
Membership
Benefits (2) Incentives to hold
Coupled with a fixed supply,
and hybrid distribution model,
our token is designed to
embody a strong potential for
appreciation

Community
Activation

TOKEN DESIGN & PURPOSE


Built on the Ethereum ERC20 Standard, the BCT Token will be used as the fuel for our
ecosystem and to ensure longevity of the business model. Our native tokens will find
almost immediate utility upon issuance, on our BCoin.sg Exchange platform. The issuance
of these tokens serve two main purposes:
1 – User acquisition through token distribution & mining
2 – User retention and adoption through token incentives & immediate utility

D
IRE ON
PH BY AM
SA
P RU DI
BCoin.sg Whitepaper 4
Designed to build Value
DISCOUNTED TRADING FEES COMMUNITY ACTIVATION
When BCT Tokens are used to pay for BCT Tokens will be an indication of the demand
trading fees, the user is entitled a discount. and engagement of the community. During
This is by far, the most successful and Community Polling Events (when a new coin is
undisputed use-case of an Exchange Issued being listed, or integrated into the multi-
Token. There is a strong reason for users to currency wallet), each BCT Token represents a
both acquire AND use the token in order to voting weight of 1 per user.
maximise trading profitability.
However, members are deemed as vested users
The native BCT Token Discount Structure is of the platform and therefore their vote is
as follows: factored in accordance to their membership
tiering.
- 30% Discount (1st year)
The voting weight is factored as follows:
- 20% Discount (2nd year onwards)
DIAMOND - Vote Weight x 4
RUBY - Vote Weight x 3
MEMBERSHIP BENEFITS
SAPPHIRE - Vote Weight x 2
Owners of BCT Tokens will receive additional
membership incentives – up to 30% discount
off trading fees, as well as qualification of our
SPEND features. The Membership Model is OTHER USE CASES
tiered according to the user’s personal usage BCoin may, from time-to-time, request to
and loyalty to the platform. accept BCT Tokens as Listing Fees from
(1) DIAMOND potential projects, or any other services where
applicable. BCT Tokens may also be issued to
Hold 12,000 BCT Tokens on the Exchange to our ‘incubatees’ as our contribution to them. As
quality for additional 30% trading fee discount our ecosystem grows, and with greater network
and qualification for the DIAMOND Card effects, we envision further use cases for our
(Founder’s Edition). token to emerge.
(2) RUBY
Hold 6,000 BCT Tokens on the Exchange to SCENARIO
qualify for additional 20% trading fee discount
and qualification for the RUBY Card. John, a Diamond Member, qualifies for 60%
trading fee discount when he maintains 12,000
(3) SAPPHIRE BCT Tokens in his exchange wallet AND uses
BCT Tokens for each trade. As he goes about
Hold 3,000 BCT Tokens on the Exchange to his daily trading activities and his BCT Inventory
qualify for additional 10% trading fee discount decreases, nearing 12,000 BCTs, he will need to
and qualification for the SAPPHIRE Card. replenish his inventory in order to maintain his
As long as the user maintains a ‘float’ of the Membership benefits. In addition to this, during
stipulated units of BCT Tokens, each trade periodic polling events, each token he uses as a
automatically qualifies for the discount. polling right is factored 4x that of an ordinary
user – this is indicative of his vested interest in
the ecosystem.

BCoin.sg Litepaper 5
A Hybrid Token
Distribution Model
TOKEN DISTRIBUTION
We will issue the BCoin Token (BCT), with a 5% Trade Mining as a secondary
fixed supply of 300,000,000 BCTs created. The distribution initiative
Token Sale will be held in ETH. In addition to a
conventional token offering, BCoin will allocate
5% the total supply (15 million) to Trade
Mining. This will be derived from either,
(1) Unsold tokens from the Public Sale (if more
than 5% of the total are not sold, the
difference will be burned.
or
25% Public Sale
(2) From our Development Allocation 75 Million
40% Development
120 Million
VESTING PERIODS
Pre-Sale: 6 Months (20% after 3 months) 20% Pre-Sale
60 Million
Public: None
15% Team
Team: 2 Years (50% after 12 months) & Advisors
Advisors: 20% release per quarter 45 Million

DISTRIBUTION METRICS

Total Supply 300,000,000 Token Price $0.50 USD


Pre-Sale 60,000,000 Pre-Sale 40% Discount
Public Sale 75,000,000 Phase 1 20% Discount
Phase 2 10% Discount
Phase 3 No Discount

Softcap $10,000,000 USD

Hardcap $45,000,000 USD

BCoin.sg Litepaper 6

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