etec white paper 4 - etecpay.com · CONCLUSION 24 25 25 25 25-28 28 23 3. ... the matters which are...

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WHITE PAPER Bringing Crypto to Mainstream

Transcript of etec white paper 4 - etecpay.com · CONCLUSION 24 25 25 25 25-28 28 23 3. ... the matters which are...

W H I T E P A P E R

Br inging Cr ypto to Mainstream

E TEC WHITE PAPER

The world first cryptocurrency Bitcoin was created in 2009 as a response to the failure of centralized banks who fails every now and then causing a loss of the billions to the investors. A new ecosystem was required where all these problems are addressed profoundly and the user don’t have to rely on central authorities whose action may result the system to collapse. However, with the passage of time, even in the world of cryptocurrencies, the dependence on third parties to undertake day to day financial activities continue to grow. Already, there are developments in the blockchain world that seek to change the way people interact with banking systems. These cryptocurrencies seem to be failing when it comes to general acceptance and usability and these projects have failed to identify and address the main issues present in making mass adoption of digital assets possible. The main reasons are security, acceptability, liquidity, high fee charged by trading exchanges and volatility of the market. ETEC Platform is a step intended to eradicate all these problems and create a stable, secure and more diverse asset that is acceptable everywhere. This whitepaper explains the idea of how ETEC is a revolutionary project and explains the potential it has to become the currency of the future. Furthermore, the document strategically targets and solves these issues and will position itself at the heart of the e�ort to facilitate the mainstream adoption of the compelling ETEC Ecosystem and dominate this next

phase in financial history.

EXECUTIVE SUMMARY

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TABLE OF CONTENTS

EXECUTIVE SUMMARY

DISCLAIMER

BACKGROUND

PROBLEM

INTRODUCTION TO ETEC: THE SOLUTION

OBJECTIVES

ETEC-COIN

FEATURES OF ETEC-COIN

ETEC-MINING FACILITY HOW ETEC-MINING WORKS?

WHY CHOOSE ETEC-COIN?

ETEC-WALLET

ETEC PAY MOBILE APPLICATION FEATURES OF ETEC-PAY APP ETEC-COIN ACCEPTABILITY

HOW TO CONTRIBUTE IN ETEC-COIN PROJECT?

ETEC-COIN TOKEN SALE

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TABLE OF CONTENTS

TOKEN DISTRIBUTION

ETEC ROADMAP

SPREAD THE KNOWLEDGE

JOIN OUR TEAM

CONTRACT INFORMATION

ETEC- TEAM

CONCLUSION

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DISCLAIMER

PLEASE READ THIS DISCLAIMER SECTION CAREFULLY. IF YOU ARE IN ANY DOUBT OF THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT YOUR LEGAL, FINANCIAL,

TAX, OR OTHER PROFESSIONAL ADVISOR(S).

ETEC Network or any of its product(s) will not be intended to constitute securities in any jurisdiction. This white paper does not represent a prospectus or o�er document of any sort and is not intended to constitute an o�er of securities or a solicitation for investment in securities in any jurisdiction. ETEC does not provide any opinion on any advice to purchase, sell, or otherwise transact with ETEC and the fact of presentation of this white paper shall not form the basis of, or be relied upon in connection with, any contract or investment decision. No person is bound to enter into any contract or binding legal commitment concerning the sale and purchase of ETEC -COIN, and no cryptocurrency or another form of payment is to be accepted on the basis

of this Whitepaper.

This document is a technical whitepaper setting out the current and future developments of the ETEC-Coin network. This paper is for information purposes only and is not a statement of future intent. The information set forth below may not be exhaustive and does not imply any elements of a contractual relationship. While we make every e�ort to ensure that any material in this white paper is accurate and up to date, such content in no way constitutes the provision of professional advice. ETEC -COIN does not guarantee and accepts no legal liability whatsoever arising from or connected to, the accuracy, reliability, currency, or completeness of any material contained in this whitepaper. Investors and potential ETEC-COIN holders should seek appropriate independent professional advice before relying on or entering into any commitment or transaction based on, material published in this white paper, which material is purely

published for reference purposes alone.

No person is entitled to rely on the contents of this paper or any inferences drawn from it, including in relation to any interactions with ETEC-COIN. ETEC disclaims all liability for any loss or damage of whatsoever kind (whether foreseeable or not) which may arise from any person acting on any information and opinions relating to ETEC contained in this paper or any information which is made available in connection with any further enquiries, notwithstanding

any negligence, default or lack of care.

The information contained in this publication is derived from data obtained from sources believed by ETEC-COIN to be reliable and is given in good faith, but no warranties or guarantees, representations are made by ETE-COIN with regard to the accuracy, completeness or suitability of the information presented. It should not be relied upon, and shall not confer rights or remedies upon, you or any of your employees, creditors, holders of securities or other equity holders or this paper and do not necessarily represent the opinion of

ETEC-COIN.

The opinions reflected herein may change without notice, and the opinions do not necessarily correspond to the opinions of ETEC -COIN. ETEC does not have an obligation to amend, modify or update this paper or to otherwise notify a reader or recipient thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate. ETEC-COIN, its directors, employees,

contractors, and representatives do not have any responsibility or liability to any person

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or recipient (whether by reason of negligence, negligent misstatement or otherwise) arising from any statement, opinion or information, expressed or implied, arising out of, contained in or derived from or omission from this paper.Neither ETEC -COIN its advisors have independently verified any of the information, including the forecasts, prospects, and projections contained in

this paper.

Each recipient is to rely solely on its own knowledge, investigation, judgment, and assessment of the matters which are the subject of this report and any information which is made available in connection with any further inquiries and to satisfy itself as to the accuracy and completeness of such matters. Whilst every e�ort is made to ensure that statements of facts made in this paper are accurate, all estimates, projections, forecasts, prospects, expressions of opinion and other subjective judgments contained in this paper are based on assumptions considered to be reasonable as of the date of the document in which they are contained and must not be

construed as a representation that the matters referred to therein will occur.

Any plans, projections or forecasts mentioned in this paper may not be achieved due to multiple risk factors including without limitation defects in technology developments, legal or regulatory exposure, market volatility, sector volatility, corporate actions, or the unavailability of complete and accurate information. ETEC may provide hyperlinks to websites of entities mentioned in this paper. However, the inclusion of a link does not imply that ETEC endorses, recommends or approves any material on the linked page or accessible from it. Such linked websites are accessed entirely at your own risk. ETEC does not accept responsibility whatsoever for any such material, nor for consequences of its use. This paper is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation. This paper is only available on www.immortalcoin.world and may not be redistributed, reproduced or passed on to any other person or published, in part or whole, for any purpose, without the prior, written consent of ETEC -COIN. The manner of distributing this paper may be restricted by law or regulation in certain countries. Persons in whose possession this paper may come are required to inform themselves about and to observe such restrictions. By accessing this paper, a recipient hereof agrees to be bound by the

preceding limitations.

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BACKG ROUND

The world’s first cryptocurrency Bitcoin was created in 2009 as a response to the failure of centralized banks, who fails every now and then causing a loss of the billions to the investors. The most recent event was the bankruptcy filed by Lehman Brothers who filed bankruptcy back in September 2008 leading people to a substantial loss of money. To avoid such crisis in the future and out of danger towards the banking system for the collapse, unfairness, ine�iciency and disappointment caused by a lack of change, forward thinking traders and brokers are looking for a solution that will disintermediate and commoditize today’s status quo. A new eco system was required where all these problems are addressed profoundly and the user don’t

have to rely on central authorities whose action may result the system to collapse.

The idea was to take control of the money from governments and centralized banks and give it back to the actual deserving i.e. the money holder, and as a result bitcoin the world’s first

decentralized cryptocurrency was created. However, with the passage of time, even in the world of cryptocurrencies, the dependence on third parties to undertake day to day financial activities continues to grow. Already, there are developments in the blockchain world that seek to change the way people interact with banking systems. The conversion of crypto into fiat has become a serious issue that involves a lot of steps

not only in terms of e�orts but costs as well.

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PROBLEM

After the introduction of Bitcoin in 2009, numerous attempts have been made to bring cryptocurrency to the masses or the mainstream. Unfortunately, mass adoption is still slow and cumbersome. These cryptocurrencies seem to be failing when it comes to general acceptance and usability, and these projects have failed to identify and address the main issues present in making mass adoption of digital assets possible. The main reasons are security, acceptability, high exchange and trading fee, liquidity issues within the exchange and volatility of the market.

Numerous steps are often involved in seeing real use of one’s digital assets. Despite the growing appeal of cryptocurrencies, the usability of cryptos remains limited; a hurdle that has kept it from achieving more rapid, widespread adoption. The reasons being a user needs wallets, exchanges and accounts on various services. They are required to withdraw, deposit, do KYC and even become amateur traders. A system is needed that eliminate these steps, and o�ers a seamless plug-and-play experience for the uninitiated that can be integrated across platforms

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Another main problem being the volatility i.e. for an asset like Bitcoin which can raise or lowers in minutes with a di�erence of hundreds of dollars and that too on regular basis. This mainly is the reason of these cryptocurrencies being too much dependent on supply and demand ratio.

ETEC is a step intended to eradicate all these problems and create a stable, secure and more diverse asset that is acceptable everywhere. It also aims to provide a state of the art robust

crypto exchange which will be an e�icient reduced cost and transparent trading platform.

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INTRODUCTION TO ETEC: THE SOLUTION

ETEC provides an entire ecosystem intended to solve the problem associated with the cryptocurrency world today. ETEC is all-in-one solution for cryptocurrency holders, who wish to use their coins within a traditional consumer environment. We o�er ETEC COIN- a state of the art cryptocurrency, ETEC-Crypto Trading Exchange, ETEC-Pay app, E-wallet and ETEC-

Mining facility.

The ETEC ecosystem allows users to get rid of all of the issues related to the conventional cryptocurrency system by providing them with a more secure, stable, and diversely acceptable exchange of digital data between its peers featuring an incorruptible ledger recording all transactions. Furthermore, it also provides a direct utility of our coins within the ETEC ecosystem. Not only it provides a direct utility to ETEC-Coin but also provide a utility to all leading cryptocurrency to be accepted at a huge variety of merchants who accept ETEC-Pay system

as a mode of payment.

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OBJECTIVES

ETEC provides an entire ecosystem intended to solve the ETEC aims to facilitate and provide an alternative payment method to users especially those who deals in cryptocurrency and solve the problem of acceptance, volatility and security. It aims to create a peer to peer payment (P2P) method which would make the payment process simplified and more e�icient for both providers and consumers. We also aim to disrupt traditional crypto trading by making it

simplified at reduced costs.

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ETEC-COIN

ETEC-Coin is a next generation cryptocurrency that is based on ethereum blockchain and is designed for large volumes of transactions. It o�ers confirmation speeds up to 75 percent faster than Bitcoin, which make it far e�icient in terms of speed and make it the perfect choice for mainstream adoption and use. Instead of depending on conventional crypto approach for determining its pricing i.e. market demand and supply hype, ETEC-Coin is tradeable and backed by the dedicated ETEC-Crypto exchange, ETEC-Pay app and ETEC-Mining Facility

which makes it all in one crypto solution and help it appreciate value over the time.

Based on ethereum blockchain, if o�ers fully transparent system all times. All of the transactions are fully traceable, irreversible and incorruptible. ETEC guarantees the validity and authenticity

of each transaction and ensures that fraudulent activity is discarded promptly.

There is no single point of failure as the control of the entire network or transactions isn’t down to a single central entity but rather by the entire network. ‘Fixing,’ ‘hiding,’ ‘manipulating’ or ‘profiteering’ is impossible within a blockchain network. All transactions are fully traceable back

to their origins at all times, and all network peers have access to that incorruptible ledger.

Being the next generation of tokenization framework, ETEC-COIN is reshaping the payment ecosystem by introducing token transaction processing system that enable payments within mobile apps, mobile wallets and merchants. It also provides users with a ETEC –Pay app that would revolutionize the payment concept within the crypto industry and eradicate the hectic

process of exchanging your money.

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FEATURES OFETEC-COIN

SMART CONTRACTS ETEC uses Smart Contracts based technology for its transactional purposes. Smart contracts help you exchange money, property, shares, or anything of value in a transparent, conflict-free

way while avoiding the services of a middleman/third part.

The best way to describe smart contracts is to compare the technology to a vending machine. Ordinarily, you would go to a lawyer or a notary, pay them, and wait while you get the document. With smart contracts, you simply drop a Cryptocoin into the vending machine (i.e. ledger), and your escrow, driver’s license, or whatever drops into your account. More so, smart contracts not only define the rules and penalties around an agreement in the same way that a traditional

contract does, but also automatically enforce those obligations.

ETEC-Coin uses Smart Contracts technologies that are the deterministic exchange mechanisms controlled by digital means that can carry out the direct transaction of value between untrusted agents. ETEC use this technology to facilitate, verify, and enforce the negotiation or performance of economically-laden procedural instructions and potentially circumvent censorship, collusion,

and counterparty risk.

Peer-to-peer payment system are electronic money transfers made from one person to another through an intermediary, typically referred to as a P2P payment application.

P2P payments can be sent and received via mobile device or any home computer with access

to the Internet, o�ering a convenient alternative to traditional payment methods.

ETEC Organization has the built in functionality of peer to peer payment that would facilitates the users to send and receive their earned amount directly into their e-wallets without having to

worry about massive surcharges implemented on traditional payment methods.

PEER TO PEER PAYMENT

Crypto exchanges have emerged the tool to profit from crypto asset ownership but they are far from being without their pitfalls. There are issues such as lack of transparency, liquidity problems, security issues and high cost fee charged by the existing crypto trading exchanges which makes

it real hard for ordinary crypto trader to trade or exchange their digital crypto assets.

ETEC-CRYPTO EXCHANGE

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Like all nascent markets, there is a lack of liquidity in crypto markets making them di�icult to exit at the right price. The growth in exchange use has boosted overall liquidity, but such an increase

in trades is yet to have the ultimately desired e�ect.

The lack of liquidity carries two main problems for crypto exchange users, namely: large spreads on the thin markets due to the low number of bids for the assets, in addition to demand and supply ine�iciencies. Secondly, the large price swings on these thin markets means price slippage

occurs, with trades not executed at the price proposed.

Our founding team and advisers have a vast experience in finance and crypto industry with decades of experience in trading and finance in particular. Our team has worked on various exchanges leading them from project startup to becoming fully functional platforms. Through the links already established and increasing every passing day, we have already accumulated a large network of partners in this space, which will ensure that liquidity issue is never faced by our

exchange.

ETEC-Crypto exchange will disrupt conventional crypto trading exchanges by o�ering a state of the art crypto trading exchange that allows trading a huge variety of cryptocurrencies quickly and seamlessly. It will be a trading platform with simple interface, elegant design and high liquidity, enabling people whether of starting level or veteran traders to trade e�iciently,

seamlessly at reduced costs.

One of the major issue with crypto exchanges is how transactions are cleared and settled via their platforms. As cryptocurrencies exist within an unregulated space, clearing and settlement cannot occur through traditional, regulated channels, making clearing and settlement risks

abnormally high.We resolve this issue by acting as a counterparty where we would correctly make margin calls

in time to recoup funds from the wrong sides of contracts.

LIQUID ITY OFFERED

Unlike many platforms, who lacks when it comes to o�ering the same quality of technology as the large global exchange groups, we have a potential financial and technological backing which would ensure that the sophisticated and advanced the technology is used ensuring that

any amount of load and transactions is managed seamlessly.

CLEARING AND SETTLEMENT

TECHNOLOG ICAL CAPABIL ITY

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Mining is a high cost operation that needs a huge amount of money to make initial rig, consume huge amount of electricity and it is noisy. There are various methods of cryptocurrency mining, but the most interesting and profitable way is mining via the ASICs (special devices for mining

of Bitcoin and other crypto currencies).

The main advantage of mining in a facility i.e. collective mining is the fact that a user does not need to spend time on servicing the ASICs and other components, as this requires time and

constant e�ort. ETEC-Mining resolves all these problems by providing a centralized mining farm. You can invest

in ETEC-Mining farm by simply purchasing ETEC-Coin tokens and gets rewarded.

We Would be creating a centralized mining facility which will be working on the average by 20-35% of the traditional mining cost, as our costs for our facility maintenance are extremely low. The facility is located on one of the coolest area which means that it does not need active cooling enabling the costs to remain minimal. Furthermore, the facility is owned by ETEC itself

ruling the cost of rent and infrastructural costs.

ETEC-MIN ING FACIL ITY

HOW ETEC-MIN ING WORKS? Sally invest in mining farm by purchasing ETEC-Coin

.

ETEC-Mining farm performs mining operations and at the end of the month, the amount of Bitcoin and ethereum generated is invested in ETEC-Coin, allowing to raise its value

substantially.

ETEC-Coin value appreciates and Sally can now trade or sell her ETEC-Coin at a must higher value.

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SECURITY

WHY CHOOSE ETEC-COIN?

Mining is a high cost operation that needs a huge amount of Unlike the traditional platforms and payment methods, ETEC provides you platform that is secure, e�icient and stable. As the value of the ETEC -Coin increases, the value the ETEC -Coin holder increases as well, thus

enabling them to generate maximum profits.

By investing in ETEC -COIN, you become a valuable member of the ETEC Community and get the authority to ultimately control the future of this platform.

Based on the latest smart contract technology of ethereum blockchain, ETEC is one of the most secure cryptocurrency. Being a peer to peer mode you won’t have to worry about a third party getting any information or your data. All of your data is encrypted and your digital assets

reserved in a wallet only you can access.

DECENTRALIZED BLOCKCHAINETEC blockchain is capable of handling any amount of transaction volume all the time without having the chances of the network getting down or showing any sign of sluggishness. Unlike

traditional payment methods there is not a single point of failure.

EASY TRANSACTIONS You can transfer ETEC to anyone- anywhere in the world as long as the recipient is connected

to the internet.

ETEC-PAY APPUsing ETEC-Pay app, you can withdraw or spend any amount of your digital assets through any merchant who accept any of the currency you hold or our partnered merchants all over the world. You can even make direct purchases from merchants all over the world just by a showing

a face of your mobile scan code.

SECURE, QUICK AND CONVENIENTETEC-Coin ecosystem is based on innovative blockchain technology, which enable you to get profound information on all transactions ever made. The code cannot be cracked or alternated with unauthorized changes. The system is decentralized and securely protected against

influence from single users.

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PRIVACYWith ETEC -COIN, users can enjoy the advantages of using a public blockchain, while still being sure that their private information is protected. No one has access to your information to the amount you are holding unless you share your wallet address. Even after sharing your address,

they still have no control over your account or manage any of your coin you are holding.

ENORMOUS POTENTIAL You can be a part of a project that has the true potential of becoming the world’s leading payment and crypto trading exchange. Its value not only depend on the market demand and supply ration but also is backed by the mining facility, ETEC-Pay app and ETEC-Exchange.

More demand for ETEC network over the time will raise the value of the coin itself.

LOWEST FEESETEC will o�er significantly lower fee than any other major online payment system both for its credit card based solutions, wallet and the the crypto transactions of the ETEC-Coin itself. The exchange will charge a very minimal fee for the trading activities which would be less than a few

times then the existing exchanges.

USER FRIENDLY All transaction with ETEC-Coin can be easily done by using ETEC-Wallet, ETEC-Pay app. ETEC-Exchange o�ers a seamless and elegant design which enable traders of any background

to trade with confidence and ease.

SUPPORT VARIOUS WALLETS Alongside being integrated with its own ETEC -Wallet, ETEC -Coin would support a variety of digital Wallets having encryption available. The encrypted technology of these wallet would allow you to secure your ETEC -COIN, so that you can view transactions and your account

balance.

COMMUNITY VOTINGYou can take part in decision making process of the future, as it is based on Blockchain, so you don’t have to worry about any centralized body controlling the process. You will make a

di�erence with your actions, take your destiny into your own hands

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PORTABLEETEC-COIN enable you to easily carry around a million dollars’ worth of ETEC in a few

megabyte of space securely and in a seamless manner.

ETEC aims to disrupt traditional cryptotrading by providing you a secured payment solution with minimal transaction fee and all of your digital assets gets transferred right into your Wallet in blink of an eye.

For making this reality, ETEC Network would be providing the following products and solutions that would revolutionize the cryptocurrency and

payment processing.

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ETEC-WALLET

FEATURES OF ETEC-WALLET

ETEC also provides its coin holders with an encrypted wallet that is secure, e�icient, portable and can be used by anyone, anywhere at any time at minimal transactional fee. For all those active crypto users, the ETEC Wallet provides them an unprecedented access to full-featured

crypto banking, and beyond.

SUPPORT LEADING CRYPTOCURRENCIES ETEC-Wallet has an array of lightweight and user friendly wallets for all leading cryptocurrencies e.g. Bitcoin, Ehtereum and all operating system i.e. desktop, iOS, Android, and

web.

SECUREETEC-Wallet is secured with a 2-Factor Authentication and multi-signature protection.

WORLDWIDE MONEY TRANSFERSTransfer money anytime, anywhere directly from your wallet.

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ETEC PAY MOBILE APPLICATION

The ETEC-Pay mobile application allows you to send, receive, hold, or even withdraw all major cryptocurrencies. You can spend all of your digital assets e.g. Bitcoin, ethereum, Ripple etc. directly at merchants who accept these currencies all over the world, enabling you to spend it just like the fiat money. Furthermore, you can also withdraw these cryptocurrencies directly into

your account in fiat money.

It works just like your regular flat mobile processors such as PayPal, as they exist in a cashless payment infrastructure, and come with the added bonuses ETEC-COIN provides. Instead of being connected to a bank account, ETEC-Pay app will be linked to your ETEC-COIN wallet, allowing you to deposit, spend, withdraw and transfer your money anywhere anytime. It isn’t

bound by banking laws specific to a country.

The combination of ETEC-COIN Wallet and ETEC–Pay app let you pay and shop instantly anywhere in the world. Use your ETEC–Pay app to pay or to withdraw fiat currency to any

merchant all across the globe that accept ETEC-Pay around the world.

ETEC-Pay app allow you to store your digital assets in your personal ETEC-Wallet, strictly confidential and absolutely private. Being a peer to peer mode of payment, all of your

transactions are direct; not through any third-party.

The functionality of ETEC–Pay app makes it a must have item for daily to daily transactions.

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FEATURES OF ETEC–PAY INCLUDES:

FEATURES OF ETEC-PAY APP

Spend your digital assets of any major cryptocurrency at merchants accepting these coins.

The exact amount that you spend with your ETEC-Pay will be incrementally exchanged from the crypto currency you hold in real-time, with rest being securely stored in your wallet to which only you have accessGet the same interbank rates whenever you spend on ETEC-Pay

Send money from ETEC-Wallet connected with ETEC-Pay app in all major currencies to various countries worldwide for free

Sending money between ETEC-Pay users is free & real-time, with the money being instantly available for the recipient on their ETEC–Pay app

SEAMLESS SECURE SUPPORT ALL LEADING CRYPTO CURRENCIES

AVAILABLE BOTH FORANDROID AND IOS

FAST AND EFFIC IENTTRANSACTIONS

ACCESS TO PERFECTINTER-BANK

EXCHANGE FREE

MIN IMALEXCHANGE RATES

NO FEE FORGLOBAL WITHDRAWALS

FREE OF COST DEBIT CARD GLOBAL ACCEPTANCE

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ETEC-COIN ACCEPTABIL ITY

Unlike other Cryptocurrencies that are struggling with their acceptability and mainly rely on exchanges, ETEC-Coin would be accepted all over the world through its collaboration with various merchants all across the world. By providing you with a ETEC-Pay app, your digital assets would be accepted worldwide at any point or merchants who accept any cryptocurrency

you are holding in your ETEC-Wallet.

Here is a brief list of the benefits you get with ETEC-COIN:

Once the coin is listed, you would have the facility to use ETEC-Pay App just like your PayPal and that too without having to worry about any additional charges from banks etc.

Backed by ETEC-Pay, your digital assets could be used for all of the transitions such as purchasing products or services form merchants who accept ETEC-Pay.

You can make direct payments via ETEC-Coin and ETEC-Pay app within in online gaming and entertainment industry.

ETEC-Coin can be used as trading pair within the ETEC-Crypto Exchange.

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ETEC-COINTOKEN SALE

In this phase, we would be providing you with the main TOKEN SALE which will perform an immediate exchange of ETEC -Coin from your contribution.

People who wish to use or donate to support a new ETEC will participate in the crowdfund by sending ETEC -COIN to the project’s address.

At the end of the Main TOKEN SALE, each participant would receive ETEC-COIN corresponding to the amount of Ether or Bitcoin in they contributed. The more the number of ETEC-COIN that is raised during a crowdfunding, the more valuable each token will be.

After the crowdfunding ends, the tokens will be tradable on various exchanges where supply and demand would determine its value.

50 % Of the total Coins would be available for public sale

You can contribute any amount and ETEC-COIN will be sent according to your contribution.

HOW TO CONTRIBUTE INETEC-COIN PROJECT?

You can contribute in various ways. Before launching the complete ETEC ecosystem, we would be starting two phases of the TOKEN SALE for fundraising i.e. Pre Token Sale and Token Sale.

Here is a detailed description of how to start getting involved with the ETEC Network.

We are launching our TOKEN SALE on 16 AUGUST 2018. The TOKEN SALE period will continue until 15 DECEMBER 2018 after which token sale will be locked. Our TOKEN SALE is a fundraising campaign which is based on Ethereum Smart Contracts. To participate in our TOKEN SALE, you must have cryptocurrency coins such as Ethereum, which you will use to buy our tokens.

TOKEN SALE

Our pre-TOKEN SALE will begin on 15 MARCH 2018 and will run for 153 days, i.e., until the 15 AUGUST 2018. In the Pre TOKEN SALE sale, we would be supplying without having any cap (upper or lower limit on the token sale)

PRE TOKEN SALE

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TOKEN DISTRIBUTION

We have devised a transparent distribution plan for the funds collected during the TOKEN SALE phase.

The funds distributed through TOKEN SALE will be used for various purposes discussed below in detail.

30% of the Coins will be reserved for development of the exchange and mining facility

50 % Of the total Coins would be available for public sale

7% of Coins will be used by the development team for further developing, maintenance and to ensure that the BLOCKSIMS platform is compliant and flourishes all across the globe.

5 % of the total ETEC-Coin will be used for marketing to gain awareness about the platform and gaining more and more users.

3 % will be used as a promotor expense and running cost for the administrators. 5% of the token will be used for bounty programs

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ETEC ROADMAP

June 2016

September 2016Research on the Project Started

Apri l 2017

ETEC-Pay App Development Completed

December 2017

Work on Online Payment App Started

March 2018

Pre-Token Sale

September 2018

Instant Exchange of all Crypto Currency with ETEC-Coin Pay App

February 2019

ETEC-Mining Firm Started mining operations

Land Acquired for Mining facility

Development Team Hired

August 2017

ETEC-Mining Idea conceptualized

January 2018

Mobile Multi-coin wallet

August 2018

TOKEN SALE

December 2018

ETEC-Crypto Exchange Launched

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SPREAD THE KNOWLEDGEAND GET BOUNTIES

JOIN OUR TEAM

CONTRACT INFORMATION

ETEC- TEAM

Post about us on your current social media accounts and tell people what we are doing. If you are a reporter or a journalist, write a newspaper publication about us. We are always happy to give an interview and tell about our cause. Furthermore, you can be our team ambassador in your area and help us market this social cause intended to reward everyone. You can also help us by being our early user and convincing your inner (friends and families) and outer circles (far

relatives) to join our network. As a result, you would get incentives and bounties that are mentioned in the Bounty Plan below

in details.

There are always work you can do. If you are interested in helping us, write to us, and tell what you can do and how you can help us. For the work you do. We will pay you with our tokens, and

in the future, you may find permanent employment in our organization.

Fabien is a hands-on Chief Executive O�icer (CEO) with expertise in business development, operations, finance and banking solutions, manufacturing, and the IT industry. Through strategic foresight, drive, and determination, he built a strong foundation for his successful multi-millions

dollar company.He is a savvy negotiator known for strong business development and relationship building skills. Frabien's innate ability to build high-performance teams, including his strategically-selected executive management sta�, has served as a growth catalyst and infused productive energy into

the workplace.

ETEC Coin and its associated products is one of his venture on his mission to make the crypto industry main stream by deploying entire finance industry on blockchain and give the people the

true power in the form of acceptability and stability of their crypto assets they deserve.

FABIEN BOUHIER CEO

TOKEN NAMEETEC-COIN

SYMBOLETEC

TOTAL SUPPLY2 Billion

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Marvin is an innovative person with broad understanding of cryptocurrency and matters involving around it. Marvin is a highly goal-driven, experienced finance professional with significant academic knowledge and over 12 years of financial management, audit, accounting, financial analysis, reporting, budgeting and corporate finance experience. Marvin is a team leader who thrives in advanced teamwork situations, exceedingly capable to collaborate with diversely talented teams, extremely motivated to make ETEC-Coin the leading cryptocurrency of the

world.

MARVIN DOYLEManaging Director

Venothan Justin has always been a pioneer, a first adopter when it comes to technological advancements. Passionate about helping companies grow into digital, leaner, and more agile organizations. Currently dedicated to advising banks and startups on Secure DLT strategies. He has advised various companies as well as startups on blockchain strategy, helped them in marketing, cryptoeconomics, tokenomics, and Secure Distributed Ledger Technology. He is currently working as the Managing Director of ETEC Coin and its associated products and also working as a blockchain advisor to organizations, always keeping his feet on solid ground in

regards to the future.

VENOTHAN JUSTINMarketing Director

Jimmy Diakra� is specialist in Event Management, Public Relations, Marketing, Business Development and Corporate & Social Responsibility. He Formulate, direct and coordinate marketing activities and policies to promote products and services, working with advertising and promotion companies. He is also expert in tracking e�ectiveness of promotions and events through performing post activity analysis. Having over 15 years of experience in community management, he has successfully Implemented and facilitated annual marketing plans and public relations plans for various companies. Presently he is working at ETEC as a supporter and facilitator for the development and implementation of corporate business/marketing plans and

helping ETEC build a community base.

J IMMY DIAKRAFFCommunity Manager

Shirley Leggett is a professional engineer and a ICO specialist with with particular expertise in project management, pre sales technical support, which includes link budgeting, network sizing etc., and post sales service support which includes installation, commissioning, repairs and project implementation in electronics, telecommunications and wide area networks. She has Specialties in areas such as: Designing, installing and troubleshooting access control systems (biometrics, image recognition etc, business development, administrative and other commercial activities. She also has excellent communication & interpersonal skills, multitasking ability & a

team player.

SHIRLEY LEGGETTCOO

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A tactical wizard, Divit Eshan is known for his farsighted yet objective approach. His expertise in strategizing is backed by strong ethical values ,which makes him a trusted source for his bankers, vendors and fellow teammates. His long stint with the group and his experience in leading organizations such as Emircon and Saudi Aramco has made him an invaluable asset to the management team and under his stewardship. Divit is a strong team player, an astute tactician

DIVIT ESHANCFO

E TEC WHITE PAPER

Accomplished, results-driven leader with a comprehensive management background encompassing the areas of marketing, business development, corporate social responsibility, and brand management. Proven leadership abilities in driving daily marketing & communications activities, directing cross-functional teams, and overseeing extensive budgets. Consistently recognized for exemplary management performance in leading marketing campaigns, driving innovative marketing strategy, and establishing procedures to increase enterprise-wide

e�iciency. Track record of achievements.

and one who can roll up his sleeves and get hands on into a job. This has made him a key player in ETEC’s corporate a�airs.

KENNY KHIndependent Director

A proven Leader and results-oriented professional focused on Sales, Marketing, expert at Business Development and a key revenue producer with 15+ years of experience and a track record of developing high performance Sales and managing diversified teams through proper recruitment, selection and training of key sta�. Known for delivering record-breaking revenue and profit gains within highly competitive regional markets. Exceptional communicator with strong negotiation, problem resolution, and client needs assessment aptitude. Possessing a successful history of selling to corporate clients, I have what it takes to meet organization’s ambitious customer acquisition goals and revenue growth objectives, equally e�ective at developing focus, and providing tactical business solutions. Highly adept at directing and managing Organizations at the regional level and being able to work on own initiative with a

hunger to succeed.

THOMAS CHESNEYSales Director

Martin is a Project manager with more than seven years of broad experience in the Microsoft Technologies as well as Open Source technologies like Core Php, experienced in leading and handling large scale projects in multi-functional areas and global basis, managing high budget projects. He has 15+ experience of rich and diversify knowledge having state-of the art understanding of technologies changes hand on experience on configure, implemented, administration, managing and Troubleshooting network equipment include Cisco, Juniper, F5, FireEye, PaloAlto, Hp and Motorola. With vast experience in the firewall i.e. Cyber Security and Blockchain Technologies, Martin plays a vital role in ETEC Security infrastructure. With Years of experience in Telecom Industry and Server side management, he'll be ensuring that ETEC is flawless when it comes to network security helping our dream of providing secure, efficient and reduced cost

telecommunication and payment gateway.

MARTIN JOHNSONCTO

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Experienced Business Development with a demonstrated history of working in the human resources industry. Skilled in Business Process, Business Planning, International Business Development, Business Model Development, and Business Development. Strong business development professional with a Master of Business Administration (MBA) focused in Human

Resources Management and Services from University of London School of Economics.

SEBASTIAN TEOHManager Sales and Business Development

E TEC WHITE PAPER

Cheng Wei Han is a full Stack Software Engineer whose passion is to Engineer Software and have 15+ years of experience working in top IT companies as well as with clients, both nationally and internationally. He has expertise in developing, enterprise level, Web based and Windows based applications using .Net/Java technologies and Android applications using Java. Cheng also has an extraordinary experience in Full-Stack development (Client-side, Server-side and Databases) as well as in Android development. Cheng Wei Han has expertise in all phases of development i.e. Analysis, Coding, Testing, Deployment, Documentation, Team Leading as well as coordination with Clients. An excellent team player, and possess leadership qualities, with

ability to accomplish tasks independently.

CHENG WEI HANSoftware Developer

Experienced Service Desk Analyst with a demonstrated history of working in the banking industry. Skilled in Computer Repair, Operations Management, Service-Level Agreements (SLA), Safeguard, and Management. Strong information technology professional with a CompTIA A+

focused in Information Technology from Just It recruitment.

ETEC would eradicate the problem of the security, e�iciency, acceptance, liquidity, high fee charged by crpto exchanging platforms and volatility which are the major reason crypto currencies are not being adopted by general public. ETEC-Mining Facility would be a promising project that would eradicate the problem of volatility by backing It will provide users with ETEC-Pay app that will have would be accepted millions of merchants globally who accept merchants. It will enable you spend your digital assets directly online & o�line. You can be part of this revolutionary project by contributing in the TOKEN SALE (Initial Coin O�ering) and sending funds to the contract address. You can connect with us by joining our telegram channel

or following our Twitter account.

Website: http://www.ETECPAY.com

JAMES MARCHOD Of Service Desk

CONCLUSION

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W H I T E P A P E R

Br inging Cr ypto to Mainstream