LIGHT PAPER · the game: it is urgent for today and tomorrow, to establish links between the worlds...

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LIGHT PAPER CONNECTING PEOPLE FOR KNOWLEDGE EXCHANGE AND OPEN INNOVATION POWERED BY v.1.0.0 Disclaimer This document (Light Paper) is a concise presentation of the project Connecty.io containing the fundamental information and key presentation points. WhitePaper available May 15 th

Transcript of LIGHT PAPER · the game: it is urgent for today and tomorrow, to establish links between the worlds...

LIGHT PAPERCONNECTING PEOPLE FOR KNOWLEDGE EXCHANGE AND OPEN INNOVATION

POWERED BY

v.1.0.0

DisclaimerThis document (Light Paper) is a concise presentation of the project Connecty.io containing the fundamental information and key presentation points.• WhitePaper available May 15th

LIGHT PAPER

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For the last three decades, one recurring question remains: how do we streamline the relationship between business and research. Far from being a matter of style, we question the very essence of economic growth: everything produced is the results of, more or less rapidly, a discovery or innovation. In an economy that is always accelerating, the speed of this transfer is an essential element of competitiveness for enterprises and territories.

The main issue today is the proliferation and speed of relationships: although this observation has been made for many years, broadcast technologies were too slow and brakes inherent in the knowledge transfer speed did not constitute major obstacles. Today, by contrast, the extreme rapidity characterizing the exchange of information profoundly changes the game: it is urgent for today and tomorrow, to establish links between the worlds of research, training and the companies.

If the French territory are observed, and more generally the various economies of the world, we are marked by a double segmentation: Thematic and recognition.

• First thematic, since in a Cartesian approach everything is structured in vertical thematic, from research down to the company and through training and education. This segmentation makes cross relationships difficult, by the simple fact that the actors are often unaware of what happens next door.

• Recognition: experts and researchers, creators of knowledge, despite a high level of qualification, too often suffer from a lack of recognition. At the same time, innovators, by accessing the success can expect recognition both financial and media.

This double segmentation, because of a «linguistic» and cultural divide, is the origin of the main failure: a universe where stakeholders are not familiar and do not talk.

Thus in many countries with excellent research and a base of dynamic SMEs, the ability to communicate between the two worlds is far too weak.But it is this ability to communicate that defines economic competitiveness. Today the arrival of blockchain is the element that allows to reverse the current situation through an approach that is both global and decentralized.

François-Xavier MARQUIS Advisor ExpertWorld of knowledge and training

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TABLE DES MATIÈRES

• Highlights. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

• The economy’s market knowledge / Current Ecosystem . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

1. Innovators and researchers are both efficient and essential to the world economy... . . . . . . . 5

2. ...But two worlds that would benefit enormously from better communication . . . . . . . . . . . . . 7

3. The knowledge economy: a value creation infinite field . . . . . . . . . . . . . . . . . . . . . . . . . . 8

• Connecty , a unique platform of its kind – Converting research into innovation . . . . . . . . . . . . 11

• Connecty: the missing link in the economy of knowledge . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

• Connecty, answer all the needs in knowledge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

• Connecty: a unique platform to unite around an ecosystem of knowledge and innovation . . . . . 15

• Connecty: a unique token for a currency of global knowledge . . . . . . . . . . . . . . . . . . . . . . . . 16

• The use of the CTY token within the knowledge ecosystem . . . . . . . . . . . . . . . . . . . . . . . . . 17

• CONNECTY, strong assets to change the game . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

• BLOCKCHAIN FOR THE KNOWLEDGE ECONOMY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

• Business Model of the CONNECTY Platform . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19

• The CONNECTY experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20

• R & D development - Our IA within 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21

• Technical operation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

1. General operation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

2. Details of the mission creation process . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

• Roadmap Business & Technique . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24

• ICO Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .25

1. Tokens distribution . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

2. ICO et différents paliers de collecte atteints . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

3. Gradual release of distributed tokens . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

4. Use of funds raised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

• Executive Team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28

• The President . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28

• The team . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .28

• Advisors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29

• Partenaires . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30

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HIGHLIGHTS

# Purpose• Advent of a circular economy of knowledge: facilitating and securing a knowledge sharing and

exchange service enabling innovators to access knowledge freely and quickly, and knowledge creators to finally be able to easily share their knowledge and see it converted into innovations;

• World Federation of knowledge: creation of an ecosystem centered on innovation and the sharing of common knowledge and values, regrouping all the players accompanying and / or allowing the creation of knowledge and its transformation into innovation;

• Access to knowledge for all: free platform that allows small and large alike, from start-up to large corporation, to access the knowledge necessary for innovation. Furthermore, federate the whole society to prepare it to face the challenges of the 21st century.

# Ressources• Token CTY, currency of knowledge: a utility token , a currency usable to purchase knowledge on the

Connecty.io platform which also allows to take advantage of all services offered. It is provided to serve a universal and global vision of the knowledge economy;

• BlockChain: Smart Contracts are trusted third party used to secure exchanges both financially and operationally ensuring both the payment and a smooth transaction, a reputation management system to rate creators of knowledge or innovators;

• Artificial Intelligence: an engine that translates everyday language into business and scientific languages and which is compatible with many different languages, with the goal of creating a vital link between these two worlds, knowledge and innovation;

• Team & Partners: a multidisciplinarity, diversity and experienced management team and 51 members of the team to assit it. Strong support from experienced partners in ICO project management and start-up launch.

# Vectors• A ICO: Fast and significant funding, which help launch the project while funding it. A fundraiser in the

form of an ICO makes it possible to reach very high uprights in a very short time, while testing its product on its market target and setting up a solid users base;

• The Connecty platform: Creation of a decentralized tool allowing the fast and simplified exchange of knowledge by putting knowledge creators in direct contact with innovators.

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THE ECONOMY’S MARKET KNOWLEDGE CURRENT ECOSYSTEM1. INNOVATORS AND RESEARCHERS ARE BOTH EFFICIENT AND ESSENTIAL TO THE WORLD ECONOMY...

The knowledge market, as we understand it, includes two actors: those who create knowledge and those who turn it into innovation. However, as illustrated in the graph below, you may note the greater or lesser specialization of these same players (as a pure creator of knowledge or transformer of innovation).

Position of knowledge and innovation players as a function of their creation or consumption of knowledge.

Those two worlds appear very effective globally, and year 2016 alone, more than 1,568,280 scientific publications were registered and 240 patents were completed.

What better illustration of the predominant role of these actors in our economies? Those facts clearly show the importance given to expenditure on research and development (including basic research, applied research and experimental development) in the main economies of the planet. In 2017, as shown in an illustration, these expenses should amount to $2,066 billion worldwide, including $527 billion in the US, $275 billion in Europe and $430 billion in China.

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Those expenditures are increasing for most of the main players year after year, a sign that it is indeed an essential and identified vector of the power for an economy. This dynamism is also reflected in the growing number of researchers and knowledge creators.

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Source: IRI / RDS M

agazine / International Monetary Fund / W

orld Bank / CIA Fact Book / O

ECD

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R&D as a percentage of Gross Domestic Product

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North AmericaSouth AmericaEuropeMiddle East & AfricaAsia PacificRussia - CIS

The size of the circles reflects the relative amount of annual R&D spending by the indicated country. Note the regional grouping of countries by the color of the circles

In 2015, 1.84 million researchers were employed in the EU (higher staff of 30% over 2005), with some countries (Portugal, Ireland, Greece) seeing a near doubling of the workforce over ten years . The R & D activities and mobilize 277,630 researchers in France, which occupies within the European Union, the third position in terms of numbers, behind Germany (387,980) and the UK (289,330). The number of researchers in China reached 1.62 million in 2015, significantly more than the United States (1.38 million).

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2. ...BUT TWO WORLDS THAT WOULD BENEFIT ENORMOUSLY FROM BETTER COMMUNICATION

These two worlds, yet inseparable from each other, struggle to meet on a large-scale effectively. When they occur, the meetings are the result of local initiatives (University Spin Off for example) or the “attraction” of sufficiently powerful players to bring those two worlds together (SpaceX, Alibaba, Alphabet: companies at the forefront of innovation with a large number of researchers).

The 2017 breakdown of a typical R & D budget illustrates the difficulty encountered by people interested in seeking knowledge they do not have internally: the share dedicated to the acquisition of external knowledge represents only 7% of the total, indicating a lack of opening outwards.

32% 16% 16% 11% 11% 7%

Source: IRI / RDS Magazine

Distribution of 2017 R&D

Salaries Materials Overhead Other

Capitalspending

Supply /Consummable

R&D Outsouring

7%

This conservative figure of 7% (although already amounting to several tens of billions of dollars worldwide) is set to grow in the coming years. It illustrates the tremendous growth potential of the knowledge economy. Schematically the current situation which illustrates this lack of external-trade would be as follow:

Worldof knowledge

Innovationworld

Now

The part dedicated to the acquisition of external knowledge, underdeloveloped to this day, can be represented by a small winding road. The transfer of knowledge is slow and impractical. The objective for the future is to intensify these exchanges of knowledge by setting up new, faster and more direct means of communication.

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3. THE KNOWLEDGE ECONOMY: A VALUE CREATION INFINITE FIELD

The knowledge economy is based on three cardinal rules:

• Positive sum exchange: The exchange of knowledge, within the knowledge economy, should be considered as a being shared. This means that after sharing the knowledge, the one who provides it always keeps it. To summarize: “I give it to you and I still have it”;

• 1 + 1 = 3 : grouping knowledge creates new knowledge. There is nothing better to embody this principle than an illustration we call “illuminating”, representing the invention of the oil lamp from the knowledge of fire and combustible materials;

• Knowledge is infinite: unlike other “resources / products” or material goods, it has been mathematically demonstrated that knowledge is infinite.

LightOilFire

Illustration of the cumulative creation mechanism 1 + 1 = 3

While we are afraid of facing shortage of certain raw materials in the near future, the fact that knowledge is infinite perfectly illustrates the notion of the infinite field of value creation associated with the knowledge economy.

Subsequently, it is obvious that the exploitation of knowledge, resulting from the establishment of a knowledge economy, is more economically profitable than the dated and traditional exploitation of raw materials. We can add to this the difference of sustainability of growth generated in each case which leaves no longer room for debate.

To illustrate this concept, let us visualize below the benefits of the knowledge economy with two big exporting states, the one exporting knowledge - South Korea - (deliberately reductive shortcut to illustrate the focus of a country on the high value R & D products), the other - Saudi Arabia -, exporter of exhaustible resources (petroleum). This graph shows the obvious superiority of the knowledge economy in creating value over the basic exploitation of mineral resources. A medium-sized player like South Korea with its 51M inhabitants far surpasses Saudi Arabia, a country of 33M inhabitants, the world’s largest exporter of oil.

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Saudi Arabia

Korea

$600 B

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$100 B

$50 B

$01972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012 2016

Trade (current US$) - Exports - MerchandiseData from World Bank - Last updated: Apr 11, 2018

As demonstrated at the macro-economic level (at the state level), the beneficial effects of a knowledge-based economy are evident. What is happening at the micro-economic level, that is, at the level of the companies and the industrial network of each country?

If we use as a first indicator the company’s market capitalization at the end of March 2018, we can see that the world’s top places are monopolized by companies that generate their success from the sale of products and services whose added value is essentially based on their knowledge.

RANKMARKET CAP (TRILLION)

FIRST QUARTER 2018R&D COST

(TRILLION) 2017MARKET CAP (TRILLION)

2011

1 Apple Inc. 851,317 11,6 Exxon Mobil 417,166.7

2 Alphabet Inc. 717,404 16,6 PetroChina 326,199.2

3 Microsoft 702,760 13,0 Apple Inc. 321,072.1

4 Amazon.com 700,672 22,6 ICBC 251,078.1

5 Tencent 507,990 2,8 Petrobras 247,417.6

Table also showing the ongoing transition to the knowledge economy. Transition resulting in a disruption of the ranking of the largest market capitalizations in a few years: almost all the leaders of 2011, especially associated with the exploitation of raw materials, are replaced by giants whose success is based on the sale of products and services whose added value is based primarily on their knowledge.

If we now analyze a selection of «rising entities and top performers», whether listed or not, the direct link between exponential growth (turnover and often achieved goals) and a massive effort in research and development is crystal clear. These companies are therefore the illustration that a «direct connection to knowledge» results in sustained and sustainable growth. They thus represent a strong case for the establishment of an efficient knowledge economy on a global scale. Many corporate successes symbolize very well this efficiency of the knowledge economy. We selected three example that best illustrate it:

• SpaceX: Founded in 2002 by the sole will of a private investor, Elon Musk, the company did the unthinkable by winning in 2008 a place as one of two private providers of NASA. This blazing success, a symbol of the potential resulting from the combination of innovation and knowledge, is unparalleled in the aerospace world which has been so far monopolized by national programs. Thanks to its considerable efforts in research & development, it succeeded in challenging state contractors by drastically lowering the costs associated with putting satellites into orbit. It is also playing a major role in spurring hopes of more distant conquest by planning to send rockets to Mars within ten years.

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“ Spotify has gradually shaped, after creating, the musical streaming as we know it today. [...] Regarding interfaces and user experience, the ease

of use of the service has strongly influenced its success.

” Numerama - November 2017

• Spotify: Founded in 2006, the Swedish company recently made a shattering IPO on the New York

Stock Exchange. Shattering in several ways: both by the valuation reached (nearly 30 billion dollars) and the method, highly unusual, opting for a direct listing allowing it to proceed without the services (and commissions) of investment banks. At stake is an estimated saving for the company of 300 million dollars. Beyond this ground breaking IPO, the company stands out above all by the impressive growth of its various metrics (activity, number of users ...). In order to illustrate how we believe Spotify is a successful example of an innovation / knowledge alliance, we will only consider those two: the increase in revenue over the 2012/2017 period, which we will compare with that of the research budget and development over the period 2013/2017.

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Spotify’s revenues from 2012 to 2017, by segment (in million euros). Research and development costs of Spotify worldwide from 2013 to 2017 (in million euros). > https://www.statista.com/statistics/813751/spotify-research-development-costs

• Blablacar: Created in 2006 from a very simple idea - connecting drivers and passengers wishing to share a journey and the associated costs - all in one sector - the transport of people - highly competitive (low-cost bus, train, airplane), the company succeeds in imposing itself as the world leader in carpooling as early as 2015. Decorated with the status of French “unicorn”, it completed several fundraising with specialized investors for a total amount raised exceeding 300 million dollars. Behind these successes we find once again an annual budget in research and development that would be around 15 million euros for a turnover that would exceed 100 million euros (estimates since exact numbers are not published). The announcement in early 2018 of an important overhaul of the search routes algorithm illustrate this race vital to innovation.

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CONNECTY , A UNIQUE PLATFORM OF ITS KIND CONVERTING RESEARCH INTO INNOVATION As a doctor of physics (ESPCI engineer) who shared part of my professional life between the world of research and that of innovation and start-ups, I could see the difficulties that these two worlds often encounter when trying to meet.

On the one hand, a large amount of knowledge remains untapped and largely undervalued. This forgotten knowledge, hidden in the laboratories, deserves to be brought to light and made «accessible» to those who need it.

On the other hand, I was able to observe the many difficulties encountered by companies in order to innovate. In addition to the problems associated with funding and cost, access to knowledge remains the main difficulty for several reasons: lack of knowledge of the subjects, the difficulty of accessing experts, delays in obtaining the necessary knowledge.

When a start-up, even a modest one with only two employees, manages to circumvent these barriers through good networking, its growth immediately surges. Within a few months, it can to rise to the height of the largest established players.

It is therefore vital to strengthen communication between the two worlds. For one, it is about gaining visibility, open up new horizons and receive due recognition for their efforts and commitment every day. For the other, it is to access knowledge faster to innovate more, to gain in efficiency to do better with ever less.

Our project, the result of those observations, is to ensure an ambitious and useful solution to this growing universe of knowledge and innovation. We will highlight all the knowledge created and facilitate their sharing and exchange through the linking of knowledge creators and innovators. Our ambition is to boost the recognition of researchers and to augment the innovation potential of companies.

Dr. Olivier ALIROL CEO - Co-founder

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CONNECTY: THE MISSING LINK IN THE ECONOMY OF KNOWLEDGE Born from the observation that a large part of the knowledge that would be useful to the greatest number is in the hands of a handful of individuals, the American site of questions and answers Quora proposes since 2009 to its followers to find a quality answer to their questions, no matter the theme chosen.

TOWARDS A GENERALIZATION OF KNOWLEDGE SHARING BETWEEN EXPERTSIn an effort to connect knowledge holders with those who want to access it, Quora offers quality content written by experts in their respective fields. Its rating and commenting system allows to give some credibility to its members, and to define a display order of responses, according to their importance and quality.

CONNECTY.IO : AN AMBITIOUS ALTERNATIVE IN QUORA FOR PROFESSIONALSAlthough based on the same concept of questioning an expert, Connecty.io platform for professionals intends to anonymize, monetize and professionalize the exchange of knowledge between the two worlds, that of knowledge, and that of transformers of the latter in innovation:

• Confidentiality of exchanges and possible anonymity : a real necessity when it comes to exchanges between professionals;

• Monetization of exchanges: the creator of knowledge in particular will now be able to monetize the time spent transmitting his knowledge;

• Simplification of contractual relations: the terms and conditions of a mission carried out via Connecty.io will be governed by predefined contracts in order to streamline and simplify the exchange of knowledge as much as possible.

THE ALGORITHM DEVELOPED BY CONNECTY: AN INDISPENSABLE LINK BETWEEN THE WORLD OF INNOVATIONS AND THE WORLD OF RESEARCHERS

+

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The Connecty.io experience can not be complete without providing a powerful facilitating tool: a search engine, developed in-house, allowing these two worlds - innovators and creators of knowledge -, in very different languages, to both meet and understand each other.

CommonLanguage

Business/ScientificLanguage

Find a specialist Solution

DATABASEARTIFICIALINTELLIGENCE

Contract

Token CTY

SmartContract

As illustrated schematically above, the innovator / entrepreneur, knowledge seeker will come, with his own words, to question the creators of knowledge present on Connecty.io. To accomplish this, the algorithm (which we will detail in a separate presentation) will be able to “translate” into the business / scientific language the question asked in a common language. By translation we mean: identify the different areas of expertise to solicit and present for each a selection of creators of knowledge according to different criteria (reputation, geographic location, availability...). Only then will both parties have to agree to have the transaction coded, insured and guaranteed by a SmartContrat.

ARTIFICIALINTELLIGENCE BOTANIST

TEXTILE ENGINEER+

VELCROTM

How

could have helped

invent the VelcroTM?

HOW TO CREATEA TEXTILE

THAT HANGS ON AND OFF EASILY?

Illustration of the role that Connecty.io could have played in the invention of Velcro®: the innovator, eager to create a textile material that clings and unhooks easily, faces a real challenge. He comes to submit his question on Connecty.io, with his own words. The artificial intelligence of the platform makes it possible to instantly identify the transverse fields of knowledge to be solicited. The innovator thus directly accesses the knowledge he needs through this direct contact with knowledge creators. They get along, work together and invent the Velcro®, inspired by a plant, the burdock, whose fruits are provided with hooks to facilitate the dispersion of seeds by clinging to everything that passes near them (in particular animal hair).

Unleashing the innovative potential by overcoming language barriers In summary, the strength of the algorithms developed by Connecty.io is to put technology at the service of unlocking creative potential without the fear or stress of being judged or misunderstood.

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CONNECTY, ANSWER ALL THE NEEDS IN KNOWLEDGE Connecty.io aims to bring together in one place all the actors of the two worlds targeted by the project : innovators and creators of knowledge. The platform intends (see development roadmap p.21) to quickly cover the entire universe of sciences with the goal of representing all the specialties provided by a great diversity of stakeholders (researchers, laboratories ...) of all nationalities : starting with 5000 experts in France as of June 2018 and a widespread international opening in 2019.

Connecty.io intends to boost the development of different poles of knowledge and innovation nodes via the creation of a vast network of knowledge creators and innovators.

• A knowledge hub consists of a group of experts in the same field of knowledge;

• An innovation node is a place where knowledge is transformed into innovation located across the various areas of knowledge.

This circulation facilitated knowledge liberate all the creative potential of modern economies, although present as seen previously but insufficiently exploited.

Ecology

Energy

Thermodynamics Alternative energy

Physics

Mathematics

Polymers

Genetics

Brain Studies

Brain research

Social work

+

Architecture design

Biology

Agriculture

Applied Physics

Education

Philosophy

ChemistryMicrobiology

Economic Sciences

Social Sciences

X

Y

Statistics

Toxicology

Knowledge Hubs

Innovation Nodes

Pictorial and synthetic representation of the universe of domains of expertise present on CONNECTY.

To summarize, the emergence of an ecosystem of knowledge is reflected in the emergence of flows and exchanges between the different actors of knowledge and those of innovation: knowledge circulates, ge-nerates new knowledge and transforms itself into innovation. A virtuous circle is then put in place. This is the natural appearance of a circular economy.

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CONNECTY: A UNIQUE PLATFORM TO UNITE AROUND AN ECOSYSTEM OF KNOWLEDGE AND INNOVATION The goal of Connecty.io can be summarized as follows: the advent of a true circular economy implies the dynamization of the current knowledge ecosystem.

Ecosystem : A group of living beings who live in a environment or specific environment and interact with each other within that environment and with that environment.

Its expansion will be done naturally by federating around Connecty.io all the protagonists that it counts: actors of the worlds of knowledge and innovation, present and future. Namely:

• The creators and holders of knowledge, public or private: • Legal entities: universities, laboratories, schools, etc.• Individuals: doctors, academics, researchers, independent experts, etc.

• The innovative, responsible convert knowledge into innovation:• Companies: start-ups, SMEs, ETI large groups;• Public entities in charge of major projects: municipalities, local communities, etc.

• Accompanying innovation:• Incubators and accelerators;• Consulting firms (intellectual property, innovation, etc.);• Innovation poles, innovation clusters, competitiveness clusters, professional networks, etc.

Knowledge creatorsIn

nova

tors

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Token CTY

Municipalities

Big corporations

SMEsLocalauthorities

Universities

Highereducation

Doctors

Academics ResearchersIndependent

Experts

Laboratories

Incubators Accelerators

Clusters

Consultingfirms

Professional network

Competitiveness clusters

Start-ups

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CONNECTY: A UNIQUE TOKEN FOR A CURRENCY OF GLOBAL KNOWLEDGETo enable the optimal functioning of our knowledge ecosystem, we create a dedicated currency, the CTY token (Connecty.io - token ERC20 / ERC223), the knowledge currency. This monetary creation taking the form of a token is essential for three reasons :

• Dissociation of knowledge exchanges from money. The world of knowledge has a certain disdain for money. The vocation of researchers, their purpose, their motivation are based on the creation of knowledge. The association of these motor values with the financial aspect of the notion of exchanges can, for some at least, prove to be delicate. Therefore the use of a token embodying the knowledge economy seems to allow us to overcome this reluctance by going beyond the single monetary concept attached to the exchange. With a dedicated token, the exchange will not be reduced to the single financial transaction. It materializes the fluidity of the sharing of knowledge, keystone of the advent of a true circular economy of knowledge.

• A means of quantifying the exchanges occurring within the circular economy of knowledge. The stake of the project, to allow the freedom and unlimited exchange of knowledge between the actors, can not be conceived without the introduction of a unit of measurement, the token CTY, intended to quantify the exchanges in order to be fair and equitable in regards to those most involved in sharing. Concretely, those who bring more knowledge (by contribution we mean remunerated missions in CTY tokens) than they acquire will be able to convert this surplus into a purchase in the store of knowledge or in fiat currency (euros, dollars, ...). Conversely those who receive more than they produce / contribute will be able to compensate for this deficit by contributions in fiat currency.

• A reliable, secure, economical means of exchange with a global architecture for a worldwide project. The use of the ERC20 token brings all the benefits of blockChain (security, decentralization, very low cost of exploitation, etc.) and the advantages of SmartContracts (environment of trust, automation of contracts, flexibility of formats).

Platform

Token Exchange

Circular knowledge-based economy

SmartContract

Innovation

Research

Token Exchange

World of knowledge

Innovation world

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THE USE OF THE CTY TOKEN WITHIN THE KNOWLEDGE ECOSYSTEM As indicated above, the CTY token is a utility token, namely intended to be used as a knowledge currency on the Connecty.io platform to take advantage of all the services offered on it.

The CTY token allows:

• To acquire knowledge from knowledge creators (professionals: professors, academics, independent experts, etc.): the innovator, after having contracted with the creator of knowledge, will pay using CTY tokens once the mission is completed;

• To purchase goods and services within the Knowledge Store (subscriptions to professional journals and magazines, subscriptions to digital tools, books, conference / conference entries around the world, etc.): the holder of tokens CTY will be able to make these purchases of products related to the knowledge via the shop integrated to the platform;

• To provide, if necessary for the knowledge holder, a source of income via the token conversion to currency-fiat (euros, dollars, ...) on the platform.

Token Exchange

SCIENCE SHOP

Token CTY

A strong point of the platform is the integration of a knowledge store (possibility of acquiring via a payment in tokens of goods and services related to the knowledge economy). This markerplace makes it possible to purchase without using fiat currency (euros, dollars, ...).

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CONNECTY, STRONG ASSETS TO CHANGE THE GAME The proposed service is based on three pillars:

• A tailor-made service adapted to the needs: easily find answer to questions thanks to the search algorithm while precisely dimensioning its need thanks to the mission module. This is how Connecty.io becomes the answer to all the knowledge needs of those who innovate, from the simple request for an expert opinion to the laboratory study over several months, and in all fields of knowledge: biology, chemistry, ecology & environment, human & society, engineering & systems, mathematics, nuclear & particles, economic sciences, physics, information sciences, earth & universe, etc. Technically, Connecty.io is a web platform that relies on multi-domain Artificial Intelligence and an advanced mission management system.

• A unique proposition: a turnkey, fast and agile service allowing the connection and contractualization in one click between the creator of knowledge and the innovator. In this, Connecty.io is the missing link between all players in the knowledge economy. The challenge is to build the applications of tomorrow by bringing together in one place - the meeting being a guarantee of emulation - creators and knowledge users.

• Secure, reliable and trusted Web 3.0 environment: reputation system, conflict management, exchange protection, intellectual property management. It is also through the establishment of this organization that Connecty.io creates a unique ecosystem dedicated to the knowledge market. Innovators will have at their disposal a unique place to find solutions to their questions. The creators of knowledge will have a place of exchange offering them visibility, recognition, exchange and valorization of their knowledge.

BLOCKCHAIN FOR THE KNOWLEDGE ECONOMYThe implementation of an efficient and open knowledge economy requires a number of prerequisites: ease and speed of exchange, transaction security, trustworthy environment. BlockChain, by its intrinsic properties, naturally brings all of these prerequisites for a relatively low cost thanks to a freely accessible, reliable and globally established infrastructure. It provides tools and a secure technical environment that can remove technical and administrative obstacles that currently exist.

4 key elements that the BlockChain brings to the CONNECTY platform are:

SecurityCreation of a secure environment built around a marketplace where the players in the field of research and innovation can meet, exchange and discuss in broad daylight or under the protection of anonymity;

LiquidationLiquidation of exchanges thanks to the possibility of microtransactions;

DecentralizationGlobalization and decentralization of the knowledge economy. Wherever you are, if you have knowledge or knowledge that is of interest to someone, you can value and exchange; Circular economy Establishment of a circular economy centered on the knowledge economy and open innovation thanks to the introduction of a new currency dedicated solely to the exchange of knowledge and know-how.

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BUSINESS MODEL OF THE CONNECTY PLATFORM Free access to the platform for all:

• Open-source platform dedicated to professionals;

• Always guarantee the quality of the flow of knowledge exchange;

• Billing the users making a significant profit from using the platform.

Economic model of the platform:

• Premium subscription to access the advanced features needed by larger organizations, including:

• Personalized portal with custom theres which are user defined: large groups, universities, etc.

• Advanced administrative functions: advanced account management, mission type configuration, invoicing, etc.

• Shop customizations: selection of products to highlight, exclusives, personalized discount, etc.

• Transaction fees for the conversion of CTY tokens into fiat currency (euros, dollars, ...): unlike what is usually done during the exchange of services, Connecty.io does not intend to levy commission on exchanges of knowledge made via the platform. Only outflows from the ecosystem are subject to a commission for transaction fees billed by the external service provider;

• Fees deducted from sales made in the knowledge store integrated into the platform.

The revenue generated by the platform will come from the three services listed above. It should be noted that in 2019, the platform’s first “full year” of activity, revenues generated by conversion fee commissions will represent more than one-third of total revenue. This percentage will then decrease proportionally as a result of the growing weight of subscriptions coupled with the strong growth in the number of users by 2022.

BREAKDOWN OF TURNOVER 2019 2020 2022

Premium subscription (5k€ à 20 k€/year) 45% 75% 67%

Commission on conversion costs (0.3 to 1%) 35% 7% 3%

Commission on Shop Purchases (10 to 12%) 20% 18% 30%

Turnover HT 1 M€ 10 M€ 100 M€

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THE CONNECTY EXPERIENCE... FROM THE POINT OF VIEW: 1. DE L’INNOVATEUR The innovator / buyer of knowledge is the one who faces a challenge, problems of any kind (scientific,

organizational, economic, etc.) for which he seeks answers. For that, he formulates his question on Connecty.io in a few sentences in his language (with his own words). The artificial intelligence of the platform instantly translates this demand into “scientific” and «business» language. A list of experts matching the required areas of competence is proposed. The innovator is free to solicit the expert or experts of his choice on the basis of their competence, reputation and cost. Upon acceptance of the assignment, a Smart Contract is issued guaranteeing the framework of the mission for both parties. At the end of the mission, the innovator obtains the answer he was seeking.

Problem Description Selection Contract Realization Success

I.A. Database

SmartContract

2. THE CREATOR OF KNOWLEDGE The creator and knowledge holder becomes a knowledge vector in the world of the knowledge economy.

He uses the Connecty.io platform to gain visibility, offer and sell its services and expertise. He has access on Connecty.io to a mission management interface. He can view his mission history, respond to requests via secure messaging. Once the mission is accepted, a Smart Contract enters the terms of the contract in the blockChain. At the end of the study, he is paid in CTY tokens that he can convert in one click in fiat currency if he wishes.

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R & D DEVELOPMENT - OUR IA WITHIN 5 YEARS The roadmap of our R & D work includes 3 main targets:

• An engine for “translation” of everyday language into business and scientific languages;

• A matching algorithm between the translated questions and the areas of expertise of the knowledge creators registered on the platform;

• Algorithms for enriching existing user profiles (legal person and natural person) from all the data accessible online (LinkedIn, ResearchGate, GoogleScholar, etc.).

• Extraction of key terms from a text;

• Tagging projects and profiles.

• Extraction of concepts by grouping words;

• Semantic grouping of terms;

• Collaborative filtering for project and expert recommendations.

• Automatic syntax training;

• Automatic grouping of texts by domains (evolutive);

• Regrouping concepts from different contexts.

• Research in semi-natural language by:

• recommendation of terms;

• suggestion of related / disjoint / complementary fields.

• Help with project or profile writing.

• Machine-learning text analysis for:

• extraction of a semantic network of concepts;

• sentiment analysis;

• reconciliation of portions of texts.

• Expertise calculation using member’s page-ranking.

• Documents vectorization and calculation of recommendations.

MAY 2018

END 2018

END 2019

END 2020

END 2021

END 2022

21

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TECHNICAL OPERATION

1. GENERAL OPERATION

Technically, the process followed by registered users is split into three main stages:

1. Formalization: on the one hand, the innovator asks his question in his own language in a simple, intuitive and concise way to define the heart of the problem. On the other hand, the knowledge creator must best complement his profile in order to bring out his skills and knowledge.

2. The agreement: the creator of knowledge following the solicitation of the innovator approves or refuses the request. In the case of a long mission (several days or even weeks) the terms of the contract are subject to rapid negotiation (duration, time, amount, special conditions, etc.).

3. Contractualization: formalization of the transaction by creating a smart-contract specifying both the details of the contract and ensuring its successful completion.

At each of these stages, we will use solutions from Artificial Intelligence for the extraction of concepts and recommendations (text-matching or collaborative filtering) in order to facilitate the writing, the description and the search for qualified information and experts.

The objective of the technologies used will be to simplify the use of the plateform as much as possible, through an evolutionary and easy-to-use recommendation system. For example, we may use the automatic extraction of concepts to enrich a profile, which the user can always edit.

2. DETAILS OF THE MISSION CREATION PROCESS

The set up and the realization of a mission follow three simple steps going from the formulation of the question until its resolution thanks to the contribution of knowledge of the requested expertise.

2.a FormalizationThis phase guides the innovator in the formalization of his project. He is led to describe in simple words his problem. A set of algorithms then automatically converts this question into a series of key words to determine the project framework and its objectives.

A second step is to match the identified knowledge needs with the profiles of «experts» (legal or natural person) registered on the platform. The innovator obtains a list of interlocutors whom he can freely contact and solicit for his needs.

2.b Accord entre les partiesThis phase essentially focuses on the commercial agreement between the parties. The innovator, project leader, submits his / her request to one or more experts of his / her choice, who in turn gives him / her his / her agreement on the basis of pre-established standard contracts (type of mission, amount invoiced, etc.). It is also possible to create custom-made missions that will then be negotiated between the different parties.

In addition to the monetary aspect, the mission includes the use of reputation tokens to measure the commitment of innovators and experts. Each stakeholder must bet a certain number of his reputation tokens, in proportion to the amount committed. The knowledge creator can engage more to demonstrate trust in his expertise, or less if he does not have enough. These tokens will be lost if the mission fails, conversely their number will increase if the mission succeeds. In the same way, the innovator must engage the same number of reputation tokens, number which he will see increase in the event of success.

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This approach allows the establishment of an environment of trust carried by both the security of financial exchanges, and the reputation of each actor who explicitly commits to the success of the mission.

2.c ContractualisationOnce the agreement of each stakeholder has been obtained, the Connecty.io platform automatically triggers the creation of a smart-contract which launches the process of accomplishing the mission and which definitively seals the various terms of the contract.

This contract allows the follow-up of the mission and guarantees its smooth running. It will be considered successful if each stakeholder validates it. In case of disagreement, a multi-level conflict management mechanism is triggered: amicable management with or without mediator, community vote. Any escalation of the conflict will be harmful for both actors who will see their reputation impacted. The objective displayed by Connecty.io is to favor the calm relations between all the actors and thus to offer a visibility on the possible actors to avoid because too conflicting.

SmartContract

Search for the right

profile

EvaluationA.I.

Cost

Reputation

Question

Knowledge Recognition

Solution

BeginningEnd

TokensReputationMembers

...Description

Keywords

Mission details

Problem Formalization Agreement ResolutionContractualization

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ROADMAP BUSINESS & TECHNIQUE The Connecty.io project took shape in 2017 around the idea of carrying a project supporting the knowledge economy. Based on the first positive feedback from the world of research and the world of business, a first team was formed combining both technical and business skills. In early 2018, the first technical bricks were laid to give birth to the Connecty.io platform. The next few months will be devoted to developing the platform and creating Connecty.io’s first user community of knowledge creators and innovators.

Q3BETA-VERSION

ALPHA-VERSION

Users: 5000Areas of knowledge added:Information science

Release information to industrial partnersCTY Token Quotation

PROJECT CREATION

TEAM CREATION

Q1-Q2 Users: 100 000Areas of knowledge added:Life Science

Q3-Q4FR/EU - RELEASE v.2.0Users: 500 000Areas of knowledge added:Sciences humaines

World - RELEASE v.3.0Users: 1 000 000

Q4RELEASE v.1.0Users: 20 000Areas of knowledge added:Physics, Chemistry

Q4

2018

Q1

Q2 Users: 200Areas of knowledge added:Engineering & systems, economics

Private sell; Pre-ICO; ICO.

2017

2019

2020

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ICO DETAILS To enable the rapid development of the ecosystem of knowledge that we will create, we use crowdfunding in the form of a sale of tokens. The participants will receive CTY tokens, the currency of knowledge, which they can choose to devote to acquiring knowledge from creators of knowledge and experts, renamed to Connecty.io, or convert to euros.

Symbol of the Connecty token : CTYIssued quantity: 10 000 000 000Initial value : 1 CTY = 0,01 €No additional tokens will be created post-ICO

1. TOKENS DISTRIBUTION

Below you will find the breakdown of the 10 billion tokens issued.

ICO sale

55%

team, founders, advisors, service, reserve for future employees

20%

Blue Horizon reserve

15%

Bounty

5%

Early adopter-users

5% A part will naturally go to the financing of the ICO and the different actors contributing to it (project

team, advisors, external service providers...).

A second envelope representing 5% of the total tokens issued, equivalent to € 5m, will allow us to finance the constitution of a loyal and active community of users of the platform. At the beginning, it will include innovators (500 targeted: SMEs, start-ups, incubators, accelerators, large groups, etc.) and knowledge creators. Concerning the latter, we aim at creating a pole of more than 5000 experts by the end of June 2018, gathering at the same time:

• Legal entities: universities, laboratories, grandes écoles, etc. ;

• Persons: doctors, academics, researchers, independent experts.

In addition, our community of knowledge creators will include 20,000 emerging experts, enthusiasts from the best schools and universities: master 2 students, PhD students, etc. Our sponsorship system in the form of Token endowment will therefore constitute the heart of our knowledge ecosystem. These early users will act as ambassadors to their peers for a rapid expansion of our knowledge economy.

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2. ICO ET DIFFÉRENTS PALIERS DE COLLECTE ATTEINTS

• Soft cap: it constitutes the minimum threshold of viability for the project, and will allow us to initiate it. If at the end of the public offer, or by 14/07/2018, the amount raised does not reach a minimum of 1 million euros, the funds collected will be fully returned to investors.

• Middle cap: set at € 10 million, this amount gives the platform the means for rapid growth in R & D, technical and commercial development.

• Technical Cap: 44 million euros, the maximum technically achievable by the collection. This is the ideal amount to aim for a quick international opening.

ICO calendar and price schedule of the tokens:

EXCLUSIVE PRIVATE SALE PRIVATE SALES OPEN PRE-ICO ICO

Before April 15, 2018

1 00 000 000

0.556 cts €

1 000 € - 20 000 €

Available quantity

Price

InvestmentMin-Max

April 15 - May 14, 2018

500 000 000

0.600 cts €

2 000 € - 1000 000 €

May 15 - June 14, 2018

1 500 000 000

0.660 - 0.795 cts €

1 000 € - 500 000 €

June 15 - July 14, 2018

3 400 000 000

0.800 - 0.952 cts €

150 € - 1 000 000 €

Tokens not sold during a phase will be carried forward to the next phase. Unsold token in the final phase will be frozen for 5-10 years.

3. GRADUAL RELEASE OF DISTRIBUTED TOKENS

At the end of the ICO, only the tokens acquired during the offering will be freely traded on the market. A second token group within this same ICO, distributed to the various actors and participants at the origin of the Connecty.io project, will be unlocked gradually over time via the smartcontract. Among the beneficiaries of this second group and during the «seed phase», a hundred or so SME will be the selected to receive a free grant of CTY tokens that they can freely use to acquire knowledge on the platform. Finally, a so-called liquidity clause will allow the early release of a set of tokens in order to ensure the smooth flow of trades in the event of a significant increase in the token prices.

CATEGORY HOLD DURATION ON GIVEN TOKENS

Team and future employees 12 to 36 months

Bounty 3 months minimum

Early adopter 6 months minimum

Blue Horizon Reserve 36 months

ICO Sale Available immediately

4. USE OF FUNDS RAISED

The funds raised will be used for:• Technical development and R & D of the Connecty platform;

• The commercial development represents an enlargement of the areas of knowledge supported, and the countries / economic zones in which we will be located / offer the service;

• Product development with the gradual expansion of the proposed services.

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Research and Development

20%

Support Activities

20%

Technical Development

30%

Commercial Development

30%

30% of the funds raised will go to the technical development of the platform, 30% to its commercial development, 20% to research and development and 20% to support activities (legal, administrative aspects...).

Corporate social responsibility (CSR): The women and men behind the project share strong values and have chosen to put them at the

service of the Connecty.io project, an ecosystem based on the circular knowledge economy.

In this context, an ethics committee is in the process of being created and a CSR chart is being drawn up to meet the set requirements.

A significant part of the revenue generated by the platform will be allocated to concrete and precise actions, in line with the project.

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EXECUTIVE TEAM

Olivier ALIROL CEO

Coryne NICQ CCO Chief Communication Officer

CSO Chief Sustainability Officer

Julien BRODIER CTO

Florence PERRIERCSO

Chief Strategy Officer

Philippe CHOMETTON CCO

Chief Commercial Officer

Samuel TRONCONCRDO

Chief Research and Development Officer

Delphine COLOMBET CFO

THE PRESIDENT Stéphane Chometton, our President, is a man of action and convictions, passionate about the cryptocurrency system and its possibilities, driven by its moral and social values, he is essential to the project.

THE TEAM The team counts with 51 persons working efficiently for its success.

DEVELOPPEMENT

GRAPHISTEDESIGN

COMMERCIAL

SOCIAL MEDIA

MARKETING

ADMINISTRATIF et FINANCIER BOUNTY

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ADVISORS

Idriss ABERKANE PhD NeuroscienceAuthor & TEDx speaker.

François DE CHEZELLESMiddleware & Blockchain SpecialistTallium CEO.

Rith HOInnovation TransformerEngineering project manager.

François-Xavier MARQUISKnowledge SpecialistPhD in Science; Author & Public speaker.

Franck ZALScientific advisorPhD in Biology; HEMARINA cofounder.

Thibault VERBIESTLegal specialist: ICO & FintechPartner DS Avocats.

Louis-Serge REAL DEL SARTEDigital TransformationCEO YLFLY.

Pierre CAPPELLIInnovation enthusiastSocial Media Strategist.

Alissa PELATANCorporate Social ResponsibilityInternational lawyer.

Olivier NEROTAI Genius & Crypto DevPhD in Neuroscience; MEETSYS CTO.

Sébastien DESCHAUX Lean Startup & InnovationDynergie CEO.

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PARTENAIRES

DS AVOCATS Legal Advice 26 offices around the world, the firm was created in 1972 in Paris. Today, it employs nearly 400 lawyers and lawyers. The practice is well recognized by the industry in terms of Fintech, blockchain and crypto-finance (2 ICO already successful, 5 being supported all in connection with national regulators and the AMF).

COGEPARC Chartered accountant For more than 50 years, the group, with its 8 partners and 115 employees, has been supporting SME managers from the start and during the different stages of their development (recognized expertise in Start-up and SMEs with strong growth dynamics)

RESURGENCES.EU R&D An innovator for more than 10 years who has created his own system to provide a flexible work environment adapted to specific challenges in the field of Big Data and Open Data.

IMEETSYS SAS Artificial Intelligence Founded in 2003, team of physicists and engineers. Olivier Nerot, R & D Director at Meetsys, our consultant, Engineer / Doctor in cognitive sciences (neural networks + machine learning). 1st startup in 2000 (Human-Links project, in P2P + IA). Involved in cryptos for more than 5 years (mobile wallet development for NXT, launch of NEM tokens, followed by ucoin, now involved in G1).

TALIUM.FR BlockChain and ITFounded in 2012, specialized in the main blockchain technologies (Ethereum, Hyperledger, IOTA ...). Successful ICO partner (Legolas Exchange and BCDiploma) and upcoming projects.