Dylyver · cryptocurrency wallet. • Riders can share their position with friends and family. •...

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Where Travel Meets Income Dylyver ICO WHITEPAPER

Transcript of Dylyver · cryptocurrency wallet. • Riders can share their position with friends and family. •...

Page 1: Dylyver · cryptocurrency wallet. • Riders can share their position with friends and family. • Riders can schedule a ride for any time and day in the future. DYLYVER MARKET A

Where Travel Meets Income

Dylyver

ICO WHITEPAPER

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Table of Contents

INTRODUCING DYLYVER ........................................................................................................................................3

OUR VISION...........................................................................................................................................................................

ABOUT THE PROJECT ............................................................................................................................................. 4

DYLYVER DRIVE........................................................................................................................................................ 4

DYLYVER CARGO ......................................................................................................................................................5

DYLYVER MARKET .....................................................................................................................................................5

REFERRAL BONUS PROGRAM ........................................................................................................................................... 6

LEADERSHIP BONUS PROGRAM ..................................................................................................................................... 6

TECHNOLOGY ........................................................................................................................................................................... 6

MARKET OUTLOOK .................................................................................................................................................................. 7

FUTURE DEVELOPMENT STRATEGY ......................................................................................................................................... 7

GLOBAL EXPANSION ............................................................................................................................................................. 7

FRANCHISING ...................................................................................................................................................................... 8

ROADMAP……………………………………………………………….................................................................................................. 8

DYLYVER ICO BOUNTY PROGRAM ....................................................................................................................................................... 9

BOUNTY DETAILS ......................................................................................................................................................................... 9

DYLYVER ICO REFERRAL PROGRAM ................................................................................................................................................. 11

DYCOIN TOKEN ................................................................................................................................................................. 13

STAGES ............................................................................................................................................................................ 14

TOKEN DISTRIBUTION ......................................................................................................................................................... 14

USE OF FUNDS .................................................................................................................................................................. 14

DYCOIN OWNERSHIP AND USAGE ....................................................................................................................................... 15

DYLYVER WALLET............................................................................................................................................................ 16

DYLYVER DEBIT CARD .................................................................................................................................................. 16

TEAM & PARTNERS............................................................................................................................................................. 16

LEGAL DISCLAIMER ........................................................................................................................................................... 17

GENERAL INFORMATION ...................................................................................................................................................... 17

RISK STATEMENT .............................................................................................................................................................. 17

RESTRICTED AREAS ............................................................................................................................................................ 18

CORPORATE IDENTITY AND JURISDICTION ............................................................................................................................... 20

COPYRIGHT AND INTELLECTUAL PROPERTY RIGHTS ................................................................................................................... 20

REFERENCES ........................................................................................................................................................................ 21

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Page 3: Dylyver · cryptocurrency wallet. • Riders can share their position with friends and family. • Riders can schedule a ride for any time and day in the future. DYLYVER MARKET A

DYLYVERICO WHITEPAPER

Peer to peer transactions such as ridesharing and delivery services are on an upswing as evidenced by their adoption and growth in only a few short years. However, these markets are constrained by consumers’ concerns for safety, reliability, and security. Dylyver addresses these

INTRODUCING DYLYVER

Dylyver is a startup technology company based in Budapest, Hungary. The foundation of our business model is a fully automated two-sided market for drivers and riders on one hand; and package senders, couriers, and recipients on the other. This approach will redefine ridesharing and package delivery habits for millions around the world with initial target markets in the US, Canada, China, some countries in Europe and Russia where ridesharing is already well accepted and profitable.

Together, our two proprietary mobile applications form one unique service and income system for users:

• A ridesharing solution that enables drivers and riders to easily interact with each other.

• A package delivery platform that connects and empowers senders, couriers, and recipients to collaborate and take full control of the package delivery process.

we’re on a mission to redefine ridesharing and delivery services

for millions around the world

Pconcerns through proprietary mobile apps and transactions performed on a blockchain platform. Ridesharing and delivery services are provided with enhanced transparency, trust, and affordability. Users receive benefits of an enhanced service and the opportunity to earn income from a generous loyalty program that pays for user referrals.

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We are passionate about two things

Harnessing technology and the benefits of a two-sided market to improve the experience and efficiency of ridesharing and package delivery; and

Building a loyal and long-term user base by offering the

opportunity for users to generate passive income through our

ridesharing and deliveryservices.

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Our mobile apps are straightforward and intuitive. An all-electronic payment system makes it quick and easy for our users to send packages or request a vehicle without cash or a credit card. Dylyver can anticipate customer needs and cultivate a trusted driver and courier network by leveraging the benefits of modern technologies, and building ridesharing and delivery solutions on top of our partner offerings.

An added incentive for users that will differentiate our company from the competition, is Dylyver Market. This referral marketing platform provides users an opportunity to generate continuous passive income from their referrals who use Dylyver ridesharing and package delivery services.

OUR VISION

PROBLEMS THAT WE ARE TACKLING

Immediate and secure payments

Development of smart contracts and integration of our ride sharing and package delivery platforms with Blockchain will allow us to make a decentralized environment, where payments will be immediately and securely moved from user’s crypto wallet to driver’s or courier’s wallet upon successful trip or package delivery.

This way we are eliminating the huge dependency on the 3rd party payment systems and their high transaction rates and giving drivers and couriers an opportunity to get their funds instantly.

Hybrid platform

Only a small percentage of users in our industries possess crypto wallets and proper knowledge about the blockchain. Dylyver also understands the limitations that this new payment system has due to the difference in cryptocurrency regulations in various countries.

We respect each countries cryptocurrency regulations. That is why Dylyver will introduce a hybrid system that will combine fiat and crypto payments.

With its mobile app solutions, the team at Dylyver will make ride-sharing and parcel delivery more affordable, easy, convenient & fun.

“ “

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What will follow is a gradual shift from fiat currency payments to payment with Dycoin tokens. This will give a chance for all the parties on our platform to smoothly transition to the new payment method.

Insured parcels

Utilizing the benefits of Blockchain system and smart contracts will also enable us to create a more transparent and secure package delivery system, where all the shipped parcels will be protected and insured against theft and damage.

ABOUT THE PROJECT

DYLYVER DRIVE

Dylyver Drive is our communal ridesharing application for iPhone and Android devices that connects riders and drivers. Users can request a ride with a press of a button on their mobile phone. A menu of ride service offerings matches customers’ style, budget, and requirements.

A user can potentially become a driver in as little as three days with their mobile phone and vehicle by registering to become a Dylyver driver-partner and being approved by our vehicle and driver validation process.

Dylyver Drive benefits and competitive advantages include:

• Riders can track the exact position of their driver on the app’s map before and after the trip.

• Riders can split the amount of the trip among travel companions.

• Riders can book a car category that best matches their needs and budget from standard to SUVs, minivans or bus service.

• Riders can pre-set locations (such as a friend’s place) as the destination of their trip.

• Riders can add trusted drivers to their ride. These drivers will receive the ride request first.

Dylyver Drive is our communal ridesharing application for iPhone and Android devices . We offer fast

and comfortable rides ataffordable prices

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DYLYVER CARGO

Dylyver Cargo is an on-demand peer to peer package delivery platform. Our service captures the opportunity between those who want to send a parcel and a traveler going in the same direction. Senders download the Cargo app and easily send their packages at an affordable cost with full control of the delivery. Travelers/couriers deliver those packages and get paid for their efforts which can help recoup their overall travel costs. Package recipients can easily follow and track the delivery with our mobile application.

The result is an efficient delivery ecosystem which fills a previously underdeveloped niche.

Dylyver Cargo benefits and competitive advantages include::

• Anyone on the Dylyver platform can be a sender, courier or recipient.

• Payment is triggered automatically when the courier successfully delivers an item to the recipient.

• Senders can split delivery costs with recipients.• Senders can send oversized items and multiple packages.• Sender and recipient can track their courier’s exact

location on the map and• Communicate with the courier via the chat function.• Senders can add their preferred couriers on the app.• Couriers are liable for loss and damage to the parcel up to

the insurance amount provided by the sender.

• Riders can pay by credit card, cash or their cryptocurrency wallet.

• Riders can share their position with friends and family.• Riders can schedule a ride for any time and day in the

future.

DYLYVER MARKET

A unique value proposition of our services is the opportunity for users to earn passive income from referrals. Users can invite people in their networks to Dylyver and earn continuous referral payments each time their referrals drive passengers, deliver packages, take a ride or send packages using our services.

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To exponentially grow our user-base we have developed a three-level referral program whereby users earn continuous referral payments from all the drivers and couriers they invite. Existing users can invite acquaintances, family, and friends (direct referrals) into the program and start receiving bonus payments each time their referrals transport people or deliver packages for others. They will also receive payments from people who their referrals invite (1st level) and from people their 1st level referrals invite (2nd level).

Referral bonus program

The leadership program is an eight-level incentive program. Participants start earning income from each ride or package delivery of all the users (not only drivers and couriers) they have in their personal network in addition to the referral bonuses they earn from drivers and couriers in the referral bonus program. As users ascend the levels they will accumulate more and more bonuses from their referral network.

Users can conveniently access, monitor and manage their referral income in the Dylyver wallet available in our application or in a personal account on dylyver.com. If withdrawn from the wallet, funds can be transferred to a bank account or to a Dylyver crypto debit card to pay for the goods or services wherever crypto is accepted.

Leadership bonus program

TECHNOLOGY

The technology is comprised of a mobile solution which employs geolocation, smart contracts, and other blockchain technology. By utilizing the blockchain in its operations, our services will provide numerous benefits over traditional business models with secure, verifiable transactions; and enhanced trust and transparency:

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To exponentially grow our user-base we have developed a three-level referral program whereby users earn continuous referral payments from all the drivers and couriers they invite. Existing users can invite acquaintances, family, and friends (direct referrals) into the program and start receiving bonus payments each time their referrals transport people or deliver packages for others. They will also receive payments from people who their referrals invite (1st level) and from people their 1st level referrals invite (2nd level).

• Rideshare and package delivery services can be tracked, traced and transacted in Dycoin or other cryptocurrencies.

• Smart contracts will simplify calculation and distribution of payments for Dylyver Market.

• Drivers, couriers, and consumers will be able to verify the reputation of each another which will also serve as an incentive for providers to deliver excellent service..

MARKET OUTLOOK

Goldman Sachs projects the ride-hailing industry to balloon to $285 billion by 2030. Our target is to capture at least 0.5% of the ridesharing market, which translates into $1.5 billion annual revenue potential. In this case, the referral payouts to users through the Dylyver Market referral program will amount to $145 million per year.

The global courier delivery industry is projected to reach $450 billion by 2030. Our target is to get to the same 0.5%

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20302018

$285 billion

$108 billion

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One of our key strategies to quickly scale the business by developing an active global community and give all our users an opportunity to take rides, ship packages and earn money.

After a successful ICO, the Dylyver team is planning to launch powerful campaigns and promotions, invest heavily into global onboarding of drivers and couriers, invest in blockchain technology development, and drive activities that will grow the value of Dylyver tokens. By utilizing cutting-edge technologies Dylyver will empower its users to earn continuous referral payments by inviting their networks while using the company’s ridesharing and package delivery services. With our referral programs, Dylyver is planning to grow its user base to 100,000 by the end of 2018 and to eight million by the end of 2019.

To provide the highest level of service, hedge against future risks, and optimize our offerings, Dylyver will form valuable partnerships with technological organizations, governmental institutions, labor unions, and credit card companies; and turn some of our global competitors into complementary players of our business model. With these relationships, we expect to make swift market penetration in target markets.

FUTURE DEVELOPMENT STRATEGY

Global expansion

Another strategy to scale the business globally and ensure we can support users in a timely manner is establishing a franchise system. Enterprises around the world can apply to become our partners in their region. Franchisees must be passionate and committed to creating a service center, hire staff, and support our users in the region they represent. We will pay a percentage of revenues from the franchisee’s region for the services provided. Franchisees will have access to our online admin panel, where they can view the stats and key performance indicators for their region.

Franchising

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ROADMAP

2017 Q1

Idea developmentTeam formationMarket Research & AnalyticsArchitecture development stage

Q2

Backend realizationCargo mobile app (ridesharing) project start

Web page development

Q3

Native Cargo iOS app developedNative Cargo Android app developedCargo app testing

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Q4

Drive mobile app (ridesharing) project startICO preparations - ONGOING

Q1

Drive iOS app developedDrive Android app developedDrive app testingDycoin registered

2018

Q2

Pre-ICOTeam Growth

Blockchain contracts integration

Q3

ICO

Q4

Global ridesharing and delivery service launch

First Dylyver Market referral program payouts

Onboarding drivers and courier in all cities globally

Global marketing campaignDistribution of franchise licenses

Dycoin debit card issuedDycoin token listed on cryptocurrency

trading exchange

Statistics:Global user attraction – 100 000 users

Global Driver & Courier attraction – 5000 active drivers and couriers

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Q1

Dylyver representations opened globallyPartnerships established with local service centers and taxi organizationsDylyver global roadshows

2019

Q2

Cooperation with local payment processorsDylyver Global Conference

Statistics:Global user attraction – 8 million users

Global Driver & Courier attraction – 100 000 active drivers and couriers

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10 000 000 DYCOIN tokens (2% of distributed tokens) will be set aside for the Bounty Program to support the ICO. In return for sharing information about the Dylyver ICO on social media; writing and sharing an article about our platform on your blog; or translating content from our whitepaper, ICO website, and videos you will earn DYCOIN tokens.

There are several ways to engage in the DYCOIN bounty program and receive rewards. Bounty Program participants are welcome to engage with any combination of these channels. The bounty allocation is divided into the following categories:

DYLYvER ICO BOUNTY PROGRAM

BOUNTY DETAILS

Twitter (15%)Instagram (5%) Facebook (15%)BitcoinTalk (20%)Telegram (10%)Article Writing (20%)Video Production (10%)Translation (5%)

Twitter

Facebook

BitcoinTalkforum

Article Writing

Video

Bounty allocation chart

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Telegram

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Following are the jobs available for each of the campaign categories. Please register your actions by completing the forms.

TWITTER

• Share information about Dylyver on Twitter

• Set up the Dylyver logo on your user profile pic on Twitter

FACEBOOK

• Share information about Dylyver on Facebook

• Set up the Dylyver logo on your user profile pic on Facebook

TELEGRAM

• Join Dylyver Telegram channel/chat and write a constructive message in chat

• Set up the Dylyver logo on your user profile pic on Telegram

PUBLISH ARTICLES

• Write and publish an article about Dylyver or referral program on the mass media blog

• Write and publish an article about Dylyver or referral program on the mass media site

INSTAGRAM

• Share information about Dylyver on Instagram

• Set up the Dylyver logo as your user profile pic on Instagram

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Instagram

Twitter

Facebook

Telegram

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TRANSLATION

• Make a translation of the official website of Dylyver (www.dylyver.com)

• Make a translation of the ICO website of Dylyver (www.ico.dylyver.com)

• Make a translation of this Whitepaper

VIDEO PRODUCTION

• Join the official YouTube channel of the Dylyver project

• Create and post a video about Dylyver, ICO project or referral campaign.

BITCOINTALK FORUM

• Write a message in the Russian-language or in English-language topic on Bitcointalk

• Active participate in one of the official Bitcointalk topics with the project announcement

• Write a message on Bitcointalk with the reference to Dylyver

• Set up a signature "Dylyver" in your profile on Bitcointalk

The maximum amount, which one bounty participant can earn during the entire ICO campaign is 20 000 DYCOINs

You can participate in the Bounty campaign only if you have already bought a minimum amount of DYCOIN tokens..

Bounty rewards will be suspended for accounts with activity resembling fake accounts or bots.

List of participants will be reviewed during the ICO event.

Participants will receive their bounty DYCOIN tokens once the ICO is complete.

If suspected of fraud, you will be removed from the participant list.

Bounty

Guidelines

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BitcoinTalk

Video

Translation

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To grow our community even further, we offer the Dylyver ICO Referral program. This is a four-level program that provides an elevated level of income throughout the Dylyver ICO campaign.

After registering you will receive a unique ID number and personal link that you can start sharing, post on social media and send via various messaging apps.

DYLYVER ICO REFERRAL PROGRAM

7% of their purchased DYCOIN tokens

5% of their purchased DYCOIN tokens

2% of their purchased DYCOIN tokens

1% of their purchased DYCOIN tokens

People you invite

Invited by your personal referrals

Invited by 1st level referrals

Invited by 2nd level referrals

Personal referral

1st level referral

2nd level referral

3rd level referral

Referral level Levels Bonus

Once your referrals register with your link and purchase DYCOIN tokens you automatically receive DYCOIN bonus tokens in your personal account

You also get DYCOIN bonus tokens from people who were referred by your

friends who purchased DYCOIN tokens.

With Dylyver you can receive up to 16% of total token purchases in your network.

You can track and manage all your bonus tokens in your personal

account.

STEP 1

STEP 2

STEP 3

STEP 4

How it Works

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Following are ideas and resources available on Dylyver.com for promoting your personal link.

• Multimedia library - A set of banners and other marketing materials that you can place on web pages, social media or other sites.

• Social Media - Actively use social media sites such as Twitter, Facebook, Instagram, Reddit, and Vkontakte to create tweets and posts in numerous groups, channels, and pages.

• Your websites and blogs - Place banners, interesting articles embedded with your referral link on your personal web pages and blogs.

• Forums - Exposure on forums with the necessary target audience has proven to be one of the most effective ways of advertising. Share your views, insights and personal link.

• Email lists - Send email campaigns that include your personal link to your list of subscribers.

• Messengers - Send messages to your network through popular messengers like What’s App, Viber or Telegram.

• YouTube - Create interesting videos or podcasts and promote them on YouTube with your referral link attached.

Let’s say your friend, whom you invited, purchases 100,000 DYCOIN tokens. You will receive 7% or 7,000 DYCOIN tokens as a referral bonus. If someone invited by your friend, purchases 400,000 DYCOIN tokens then your referral bonus will equal 5% or 20,000 DYCOIN tokens.

Once the Dylyver ICO has completed, your total ICO referral network will be moved to our internal Dylyver Market Referral program, where you can continue earning referral payments when people in your network request a ride or send packages. This way you benefit two times: 1) During the ICO, when people in your network purchase DYCOIN tokens, and 2) in Dylyver Market when people in your network use Dylyver services.

Getting the Word Out

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Dycoin Token is Dylyver’s cryptocurrency. The token will facilitate a standardized global approach for peer to peer ridesharing and on-demand package delivery services, enhanced by the advantages of blockchain-secured transactions. The token corresponds to the ERC20 standard and is standard for smart contracts with tokens. DYCOIN Token is a high liquidity token designed on the base of the Ethereum platform.

DYCOIN TOKEN

Dycoin

DYC

500 Million

100 Dycoins

None planned

$0.1

$1.0

May 16

Dec 31

Token name

Symbol

Quantity

Minimum quantity of tokens one can purchase

Additional emission?

Single token price

Single token price after listing on Crypto Exchange

Starts

Ends

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ICO Stages

Pre-Sale 1

May 16-May 31

Pre-Sale 2

June 1-June 30

Pre-Sale 3

July 1-Sep 30

ICOOct 1-Dec 31

1. Token Distribution 40% 2. Company Reserve for strategic partners

and early investors 33% 3. Referral Program 16%4. Dylyver Team and Advisors 9% 5. Bounty program 2%

1 2 3

4

Token allocation1

2

3

4

5

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Use of proceeds

30% International Expansion and marketing

25% IT and new features

7% Partnerships and Joint ventures

12% Administrative and

Operational costs

16% Referral program

10% Legal

Major costs will be the acquisition of new customers, securing and onboarding drivers and couriers, updating mobile app platforms, investing in research and development activities, maintaining IT infrastructure, creating and executing global marketing campaigns, brand development, and establishing long-term partnerships.

As an IT company, Dylyver will not own or manage the cars, delivery trucks, warehouses or distribution centers and will not employ couriers or taxi drivers. This substantially reduces business risks and frees the company from the typical hard costs of a ridesharing or package delivery business.

Dycoin Ownership and Usage

When purchased, Dycoin tokens will be made available in a user’s personal account and can be transferred to a crypto wallet any time after the end of the ICO. The same applies to tokens received through bounty and referral programs.Ownership of at least one Dycoin token will allow users to

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pay for ridesharing or package delivery services. Once connected to the Ethereum blockchain users can pay for ridesharing or package delivery services either directly in Dycoin tokens they hold or in fiat currencies with a credit card or cash.

Following the successful ICO, Dylyver will enter into listing agreements with cryptocurrency trading exchanges to allow for ease of liquidity and settlement of Dycoin tokens into other altcoins and fiat currencies. From there, Dylyver users, drivers or couriers will either be able to sell their tokens on exchanges or exchange them for other cryptocurrencies.

Future plans include users having the ability to pay for goods and services beyond ridesharing and package delivery operations using Dycoin tokens.

Creation, issuance, and distribution of Dylyver debit cards in Q1 2019 will make it possible for users to automatically convert Dycoins into fiat money and pay for goods and services in local currencies. The conversion rate of Dycoin to Bitcoin, altcoins and fiat currencies will depend on the rates set by the currency exchanges. Dycoin discounted buyback price will be set by Dylyver and projected on the company’s website after Dycoin is listed on the currency exchange.

The Dylyver team projects eight million users and 100,000 drivers and couriers globally by the end of 2019. Continuous demand for Dycoin outside of the Dylyver platform, in addition to the use of Dycoin tokens by the users within the Dylyver system, is expected to create a demand and enhanced value for Dycoins. The limit of Dycoins that will be issued is set at 50 billion. High usage rates of our services will drive circulation of tokens within our ecosystem. The demand will grow, but supply will stay the same. It is also expected that the ability to exchange tokens to other cryptocurrencies and the ability to pay for goods and services using Dycoins outside of the Dylyver ecosystem will further create demand for the token.

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Dylyver Wallet will be built into Dylyver applications and portals, allowing users to store their Dycoin funds securely and use their token balances to request a ride or send a package. Wallet owners will be the sole holders of the corresponding encryption keys.

Dylyver Wallet

What’s the point of holding a cryptocurrency if you cannot use it to make online purchases, make payments or get access to your funds whenever you want? At the beginning of 2019 Dylyver is planning to issue and offer its branded debit card. With Dylyver Debit Card you will be able to buy things at your local grocery store, pay at the gas station, buy airplane tickets online or even withdraw cash from a local ATM. Beyond that, you will be able to use your Dycoin Debit Card to make payments through Apple Pay, Samsung Pay, and Android Pay. Your debit card will enable you to convert your Dycoins to fiat currencies such as dollars or euros. You will no longer need to go through the time consuming, costly and often arduous process of selling your cryptocurrency first.

Dylyver Debit Card

Dylyver has a team of experienced professionals, a readily available technology solution comprised of two applications that form a single system which includes an integrated customer referral system. We also have an effective partner ecosystem that allows us to accept payments and make payouts to our users.Our ridesharing and package delivery mobile applications are currently undergoing alpha testing. With proof that the concept works, we are now ready to expand our ridesharing and parcel delivery services.

TEAM & PARTNERS

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General InformationPlease read this Legal Disclaimer carefully before proceeding with any actions based on this whitepaper. This notice applies to all persons who read this document. Please note that this whitepaper may be amended or updated. This whitepaper refers to relevant presales and crowd sale (ICO) mentioned hereby. The whitepaper does not constitute any relations between DYCOIN Tokens holders and the Dylyver Technologies Limited (Dylyver).

Acquisition of DYCOIN Tokens does not present an exchange of cryptocurrencies or fiat money for any form of shares, debentures or other securities of the Dylyver and holders of DYCOIN Tokens are not entitled to any form of dividend or profit.

DYCOIN Tokens are not intended to constitute securities in any jurisdiction. This whitepaper does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities or a solicitation for investments of any kind in securities in any jurisdiction.

This whitepaper is for information purposes only. The contents of this whitepaper are not a financial promotion. Therefore, none of the contents of this whitepaper serves as an invitation or inducement to engage in any sort of investment activity.

This whitepaper may be translated into several languages. In case of any contradictions among its versions, the English version shall prevail.

LEGAL DISCLAIMER

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Dylyver may update this whitepaper from time to time. For the latest version of this document prospective acquirers should refer to http://ico.dylyver.com

Risk Statement

Prospective acquirers of DYCOIN Tokens should carefully consider and evaluate all possible risks and uncertainties associated with cryptocurrencies.

The Risk Statement details some potential risks that you should consider. We recommend that you seek out independent competent financial advice before engaging in any sort of endeavor.

No regulatory authority has examined or approved any of the information set out in this whitepaper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction unless it will be clearly confirmed by Dylyver. The publication, distribution or dissemination of this whitepaper does not imply that the applicable laws, regulatory requirements, or rules have been complied with.

To the maximum extent permitted by the applicable laws, regulations and rules, Dylyver and its affiliates and their respective officers, employees or agents will, in relation to DYCOIN Tokens, not be liable for any damages of any kind, including, but not limited to, direct, consequential, incidental, special or indirect, liquidated, economic and noneconomic damages, including but not limited to lost profits, loss of revenue or third party loss whether foreseeable or otherwise, trading losses or damages that result from use or loss of use of DYCOIN Token.

For the avoidance of doubt, The Dylyver expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this document, (ii) any error, omission or inaccuracy in any such information, (iii) any action resulting therefrom, or (iv) usage or acquisition of products and services, available through dylyver.com.

In no event will Dylyver and its affiliates be responsible or liable for any claims, damages, liabilities, losses, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, liquidated, economic and noneconomic, punitive or special (including damages for loss of business, revenues, profits, data, use, goodwill or whatsoever).

Prospective acquirers acknowledge and agree that they are not purchasing DYCOIN Tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes.

Some of the statements in the whitepaper include forward-looking statements which reflect the Dylyver's and/or its affiliates’ current views with respect to execution roadmap, financial performance, business strategy and future plans, both with respect to the Dylyver and the sectors and industries in which the Dylyver and/or dylyver.com operate.

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Statements which include the words ''expects'', ''plans'', ''believes'', ''projects'', ''targets'', ''anticipates'', ''will'', ''aims'', ''may'', ''would'', ''could'', ''continue'' and similar statements are of a future or forward-looking nature. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause the Dylyver’sactual results to differ materially from those indicated in these statements. Any forward-looking statements in the whitepaper reflect the Dylyver’s current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the Dylyver’soperations, results of operations and growth strategy. These forward-looking statements speak only as of the date of the whitepaper.

Prospective buyers of DYCOIN Tokens should specifically consider the factors identified in the whitepaper which could cause actual results to differ before making a purchase decision. No statement in the whitepaper is intended as a profit forecast in any form.

Restricted AreasThe distribution of this whitepaper and the offering and sale of DYCOIN Tokens in certain jurisdictions may be restricted by law, and therefore persons into whose possession this document comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions could result in a violation of the laws of such jurisdiction. By purchasing DYCOIN Tokens, acquirers confirm under penalty of perjury that they complied with all laws and regulations regarding ICO trading (tokens crowd sales) and related pre-sales in their jurisdiction. Laws and Regulations vary from jurisdiction to jurisdiction. Dylyver cannot be responsible if acquirers violated any laws and regulations in their jurisdiction while purchasing DYCOIN Tokens. By purchasing DYCOIN Tokens, acquirers release Dylyver from any liability that might arise in their jurisdiction or any other jurisdiction that has personal jurisdiction over such acquirers.

It is purchasers’ sole responsibility to ensure that their participation in the token sale (both pre-sales and crowd sales) (ICO) is not prohibited under the applicable legal restrictions in their country of residence or domicile.

This whitepaper, or any part thereof, as well as any copies, must not be taken or transmitted to any country where distribution or dissemination of this whitepaper is prohibited or restricted.

Dylyver neither offers or distributes DYCOIN Tokens nor carries on a business (activity) in any regulated activity in Singapore, in People’s Republic of China or in other countries and territories where transactions in respect of, or with use of, digital tokens fall under the restrictive regulations or require from Dylyver to be registered or licensed with any applicable governmental authorities.DYCOIN Tokens have not been registered under the U.S. Securities Act of 1933 (hereinafter referred as the “Securities Act”) or with any securities regulatory authority of any state or other jurisdiction of the United States. DYCOIN Tokens shall NOT be offered or sold to, or for the account or benefit of, a green card holder of the United States or a United States citizen or permanent resident of the United States (tax or otherwise), or to an individual having a primary residence or domicile in the United States (tax or otherwise), including Puerto Rico, the U.S. Virgin Islands or any other possession of the

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United States, any legal entity (company, corporation, fund, trust or whatsoever) being registered (established) or tax resident of the United States (hereinafter referred as the “U.S. Residents”). If potential token acquirers are one of the U.S. Residents, they are NOT eligible to purchase DYCOIN Tokens in any form and/or by any means.

U.S. Residents shall be further offered to purchase DYCOIN Tokens only in case the Dylyver is in compliance with the Securities Act and subject to a separate private placement memorandum under the Rule 506(c) of Regulation D (limited to accredited investors only in the United States).The sale of DYCOIN Tokens is prohibited to New Zealand residents and citizens.

Corporate Identity and JurisdictionThe whitepaper hereby is a document issued by Dylyver Technologies Limited, an international business company incorporated and existing under the laws of New Zealand (referred hereby as the “Dylyver”). DYCOIN Tokens are to be issued by Dylyver.

Contact information of the Dylyver:Address: Unit B, 101 Apollo Drive, Rosedale, Auckland, 0632, New ZealandEmail: [email protected]

This whitepaper, as well as any and all controversies arising out of or in relation to this document, shall be governed by and construed in accordance with the laws of New Zealand (without reference to its conflict of laws doctrine), hereinafter referred as the “Governing Law.” Jurisdiction relating to any dispute and competent courts arising out of or in connection with this whitepaper shall be defined according to the Governing Law. Prospective acquirers (holders) of DYCOIN Tokens, who purchase DYCOIN Tokens: (i) waive any objection which they may have at any time to the laying of venue of any proceedings brought in any such court, (ii) waive any claim that such proceedings have been brought in an inconvenient forum, (iii) waive the right to object, with respect to such proceedings, that such court does not have any jurisdiction over such party.

Copyright and Intellectual Property RightsAll copyright related to DYCOIN Tokens belongs to Dylyver. Trademark Dylyver belongs to Dylyver.

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https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/cracks-in-the-ridesharing-market-and-how-to-fill-themhttps://www.statista.com/outlook/368/109/ride-sharing/united-states#market-usershttp://cerasis.com/2016/12/16/logistics-industry/https://www.pwc.com/gx/en/industries/transportation-logistics/publications/the-future-of-the-logistics-industry.htmlhttps://www.ipc.be/en/newsroom/in-the-spotlight/innovation/innovation-trendshttps://www.statista.com/outlook/368/100/ride-sharing/worldwide#market-revenue

REFERENCES

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