MultiplyCoin Whitepaper WHITEPAPER (2).pdf · Exponential Growth Our strategy consists of working...

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MultiplyCoin WhitepaperA brief outline of MultiplyCoin's vision, platform and mission

MultiplyCoin is a digital token, that will power an emerging markets-focused mobile education platform. Our mobile platform will empower over 100 million students and young professionals, to acquire the digital skills necessary to earn freelance income, become entrepreneurs, or transition to a new digital first career, in the face of AI and automation.

Our Mission

Supply will be reduced over time, based on our continuous coin burning

algorithm. MultiplyCoin will use 30% of profits generated from subscription fee revenues to buyback and burn MYC Tokens.

Similar to Binance, a world leading crypto exchange,

we will burn our tokens once a quarter.

TOTAL SUPPLY: 300 Million Tokens

CIRCULATING SUPPLY: 174,000,000 (Supply will decrease to 30,000,000 over time).

Our aim is to become the Airbnb of education for the

next billion.

Students will be able to exchange local currency for our token at university campuses and shops. Our token will be used to unlock monthly challenges and skills, which are sponsored by leading companies and influencers across emerging markets.

Once challenges are completed, students will be awarded with job interviews, and will have gained additional skills and discovered new paths to generate income.

Our monthly subscription revenue will be shared with content creators, who are highly successful within their dedicated fields.

Strategy

A B R I E F O U T L I N E O F M U L T I P L Y C O I N ' S V I S I O N , P L A T F O R M A N D M I S S I O N

01© 2020, MultiplyCoin All Rights Reserved

Table of Contents The Problem.....................................................................

Market Size / Opportunity..........................................

Our Solution.....................................................................

Token Description & Utility........................................

Token Specifications.....................................................

ROI.......................................................................................

Monetization...................................................................

Team...................................................................................

Exponential Growth......................................................

Legal...................................................................................

Roadmap..........................................................................

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04

05

07

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12

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16

FIRST MOVER

GLOBAL PIONEER

ICO

JUNE 2020

PRIVATE SALE

JANUARY 2020

SOFTCAP

$1MHARDCAP

$12M

PRE-ICO

FEBRUARY-MAY 2020



The Problem

College & University Students

Young Professionals

Budding Entrepreneurs

• Students desire to receive high-paying jobs, post-graduation, but often lack the necessary skillsrequired to add tangible value to leading employers.

• Students often receive theoretical knowledge during studies, but lack real world applicable casestudies, and practical challenges, that once solved, will develop students’ problem-solving capabilities.

• Students not active in elite circles often struggle to access high level opportunities, due togeographical or relationship driven boundaries.

• Young Professionals struggle with identifying attractive secondary income generating opportunities.

• Professionals who work in sectors and roles that are susceptible to automation, often fear for theirfuture careers.

• Professionals have to leverage Youtube, Linkedin, Google and Eventbrite to gain news, knowledge andconnections within the business world. There is no unified platform.

• Entrepreneurs, youth and low-income workers, who desire to increase their wealth, often struggle withthe “where” and “how” to start as freelancers, or entrepreneurs.

• Budding Entrepreneurs often aspire to emulate the successes of pioneers across multiple industries,but find that these pioneers do not provide needed advice, guidance and strategies in one centralized,advertisement-free platform.

• In emerging markets, there is no crypto-powered wealth building mobile platform that facilitatesmicro payments and crowd-sourced consensus on what works, and what doesn’t, when it comes tosustainable wealth building.



NUMBER OF STUDENTS IN HIGHER EDUCATION GLOBALLY:

207M (UNESCO)

NUMBER OF UNIVERSITY STUDENTS IN AFRICA AND INDIA:

40M

NUMBER OF JOBS IN THE WORLD TO BE LOST BY AUTOMATION IN 2030:

800M (MCKINSEY)

75M OF THE 200M STUDENTSIN AFRICA ARE LOOKING FOR JOBS

INDIA HAS 600 MILLIONPEOPLE UNDER THE AGE OF 25.

AFRICA HAS 720 MILLIONPEOPLE UNDER THE AGE OF 25.

2.3% OF THE INDIAN WORKFORCEHAD FORMAL TRAINING IN SKILLS, COMPAREDWITH 96% IN SOUTH KOREA.

INDIA NEEDS TO CREATE

12 MILLION NEW JOBS A YEAR,TO KEEP UNEMPLOYMENT AT THE SAME LEVEL. (BBC)

Market Size / Opportunity



Our solution is a mobile first, digital platform that connects students, professionals and mainstream communities, to leading opportunities, jobs and skills. Working in partnership with some of the most successful businesses and influencers across Emerging Markets.

Students:University and college students will be able to now gain the necessary skills required to add tangible value to leading employers. Employers will create and set practical challenges for students to complete, that are linked to real world problems. Invitations to interview, along with cash rewards will be distributed to students based on achievements.

Young Professionals:For professionals who are concerned for their job security, they will now benefit from gaining skills that will facilitate career transitions to AI powered jobs.

Budding Entrepreneurs:Professionals, youth and SME owners are able to subscribe to various “secondary income stream” feeds. These feeds are managed by sector-specific influencers who have successfully managed to build wealth, and master new skill sets. Influencers will receive a percentage of the monthly subscription revenue.

Companies:Company leaders are able to directly recruit, and contract with exceptional individuals on our platform. Hiring is now significantly de-risked, as employers are able to instantly set challenges, and communicate with the top 1% of achievers.

Business Influencers:Influencers from industries such as property, equities and cryptocurrencies benefit from a platform to further enhance their personal followings, grow their brands, and generate new significant revenue streams.

Our Solution

Mobile Platform:



Fiat to Crypto Exchange:Universities, shops and markets will serve as decentralized locations to facilitate instant P2P fiat to crypto transactions. This infrastructure will, no doubt, remove the biggest friction point to enabling tens of millions of new users to enter the crypto universe. The revenues generated will be directly reinvested into burning MYC Tokens, and hiring more community ambassadors.

Advice and Guidance:MYCCA’s will not only provide practical real-time solutions such as P2P exchange, but also serve as consultants to really educate the market as to the benefits of our platform.

Relationship Management:MYCCA's will get businesses, influencers, students and young professionals onboard our platform. Goals that ensure our determination to reap the fruits of exponential growth does not go to waste will be set. Token bounties will be paid to MYCCA’s that meet and surpass targets.

Community Ambassadors

MultiplyCoin Community Ambassadors (MYCCA's) are the charismatic entrepreneurial team that will assist to drive an exponential growth in adaption of our platform. Both in new user acquisition, and retention.



The MultiplyCoin token will power our “Airbnb of education” platform, enabling students to pay for monthly access via the MultiplyCoin token. As our community grows, young professionals will also subscribe to unlock the skills necessary to transition to a digital first career.

Token Description & Utility

Leveraging Blockchain technology is essential. Transparency, the verification of new skills gained, offline micropayments via digital tokens, and cyber security are the core drivers for our decision to utilize the strengths that Blockchain offers. Our project will leverage Ethereum to issue and create tokens, the Ethereum protocol currently meets all of the requirements for our platform. MultiplyCoin will use the ERC20 token standard, with some added smart contract functionality.

WE WILL BUILD OUR POS DAO ON THE ETHEREUM NETWORK.

Payment CurrencyStudents, young professionals and employers, will use the MYC Token to pay for monthly access to our platform.

IncentivesMYC Token will partner with university community ambassadors, TV, radio and newspapers to offer rewards and airdrops to new users of our platform.

MasternodesOnce available, MultiplyCoin will enable new features for our community, providing staking and voting rights to token holders. Giving both a return on investment and ability to shape what content is added to our platform.



Our MYCCA's will be at the forefront of our expansion across nations within Africa and Asia. This, combined with our strong focus on monetization,

generating revenues and spending said revenues on token burnings, is a very exciting approach that has also been leveraged by Binance.

Binance has generated a return of 200X within 16 months. With an opening market cap of $10M scaling to over $2B

on the 02/01/20.

Operating in markets holding over 2.7B people, and no direct competition, combined with our unique operating experience on the ground, will generate

some very exciting results for our early token holders.

ROI

Token Specifications

MultiplyCoin:300,000,000 MYC Tokens Circulating Supply - 174,000,000 (This number will decrease to 30 million over time). The MYC Token is deflationary by nature. MultiplyCoin will use 30% of profits generated from charging users a subscription fee, to buyback and burn MYC Tokens.

OUR TOKEN BURNING IS POWERED BY OUR CODE, AND WILL BE PUBLICLY ANNOUNCED EVERY QUARTER.

2-3% of Tokens will be distributed to students and young professionals toengage with the MultiplyCoin powered education platform.

The remaining tokens will be used to onboard over 1000 universities,

10 million students, young professionals and entrepreneurs

across Africa and Asia, in partnership with the leading

employers, university commissions and wealth creation influencers.



Subscription Revenues Our users will pay $1.5 - $3 per month to subscribe to our mobile platform. Achieving our 18-month goal of supporting 200,000 subscribers would enable MultiplyCoin to break-even.

Exchange Fees A 3% fiat to crypto charge will be applied to subscribers, this rises to a 5% fee when facilitated via a MYCCA P2P exchange, of which 3% would go to the MYCCA, and 2% to the MultiplyCoin treasury.

Business Promotions Businesses who seek to scout and interact with top talent will pay $100 per month to acquire a monthly pass.

TOKEN SALE PARTICIPANT

FUNDS WILL BE STORED WITHIN

COLD STORAGE, OFFLINE

MULTISIG WALLETS, WHICH WILL

BE ADDITIONALLY SECURED

WITH OFFSITE BACKUPS.

Our advisory team have worked for global Blockchain platforms such as BitPesa, Nubicoin, and Wanchain. This accumulated experience will be tapped to ensure Token Sale participants feel 100% safe when buying the MYC token.

MultiplyCoin Contribution Allocation

MultiplyCoin Token Distribution

Monetization

Participant Sales:58%

Team & Advisors:25%

Growth & Incentives:17%

Marketing & Growth:45%

Platform Development:20%

Operations:20%

Reserves:12.5%

Legal:2.5%


© 2020, MultiplyCoin All Rights Reserved

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Jack WaltersCEO

Muhwezi DarrellDirector of Marketing & Sales

Alvin S. ChuaDirector of Market Penetration & Content Development

http://linkedin.com/in/alvin-chua-b911a7113https://www.linkedin.com/in/muhwezi-darrell-ivan

https://www.linkedin.com/in/jack-walters-750962176



Shanice RossDirector of International Relations

https://www.linkedin.com/in/shanice-ross-727979183

Ali Williams-DavisDirector of Virtual Support

https://www.linkedin.com/in/vintage-ali-williams-davis-and-associates798869162

Hamza KhanDirector of Growth & Development

https://www.linkedin.com/in/hamza-khan-58608a122

Krystelle GalanoDirector of Global Communication

https://www.linkedin.com/in/krystelle-galano-15940610b/

Exponential Growth

Our strategy consists of working with the world’s largest, and most innovative investors, strategic partners and exchanges to facilitate exponential growth, with our platform serving no short of 100 million students over the next 5-7 years.

Exchange Listings Partners Investors

Markets

Nigeria

Ghana

Rwanda

South Africa

Tanzania

Ethiopia

Kenya

IndonesiaMexico

Brazil

India

• African Union

• UN

• Association of Indian Universities

• Top Tier Insurance Companies

• Leading Financial Institutionsacross Africa

• Educational Institutions

• Binance

• Bancor

• Huobi

• Google

• Mark Zuckerberg

• Softbank (Raised a $100B fund)



Please read the following notice carefully before proceeding to read this White Paper document issued by Must Multiply Ltd, a company incorporated under the laws of Nigeria (hereinafter – “Distributor”). This notice applies to all persons who read this document. Please be aware that this notice may be altered or updated.

The White Paper does not constitute any relations between you (hereinafter – “you” or “Holder”) and the Distributor. Acquisition of the token issued by the Distributor is available only after accepting the Token Sale Agreement (hereinafter – “TSA”). Acquisition of cryptographic tokens does not present an exchange of cryptocurrencies for any form of ordinary shares of the Distributor, and a Holder of cryptographic token is not entitled to any guaranteed form of the dividends, Holders of our tokens are only entitled to certain rights within the TSA. Tokens Are Not Intended To Constitute Securities In Any Jurisdiction. This White Paper Does Not Constitute A Prospectus Or Offer Document Of Any Sort And Is Not Intended To Constitute An Offer Of Securities Or A Solicitation For Investments In Securities In Any Jurisdiction.

This White Paper is for information purposes only. The contents of this White Paper are not a financial promotion. Therefore, none of the contents of this White Paper serves as an invitation or inducement to engage in any sort of investment activity. Prospective acquirers of our tokens should carefully consider and evaluate all risks and uncertainties associated with the cryptocurrencies, Must Must Mult ip ly Ltd and their

respective businesses and operations, and the MultiplyCoin Initial Coin Offering. Familiarise yourself with all the information set out in this White Paper and the TSA prior to any purchase of our tokens. Ensure that you are aware of all of them would be risks prior to obtaining our tokens.

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

Legal Disclaimer



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No regulatory authority has examined or approved any of the information set out in this White Paper. No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this White Paper does not imply that the applicable laws, regulatory requirements, or rules have complied to the maximum extent permitted by the applicable laws, regulations and rules. Must Multiply Ltd, its affiliates, respective officers, employees, advisors or agents will, in relation to the website and tokens, not be liable for any damages of any kind, including, but not limited to, direct, consequential, incidental, special or indirect damages (including but not limited to lost profits, loss of revenue or third-party loss whether foreseeable or otherwise, trading losses or damages that result from use or loss of use of the website and tokens).

For the avoidance of doubt, the distributor expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in this document, (ii) any error, omission or inaccuracy in any such information, (iii) any action resulting therefrom, or (iv) usage or acquisition of products, available through the website. You acknowledge and agree that you are not purchasing tokens for purposes of investment, speculation, as some type of arbitrage strategy, for immediate resale or other financial purposes.

Some of the statements in the White Paper include forward-looking statements that reflect the distributor's current views with respect to execution roadmap, financial performance, business strategy and future plans, both with respect to the distributor, the sectors and industries in which the distributor operates. Statements which include the words ''expects'', ''plans'', ''believes'', ''projects'', ''anticipates'', ''will'', ''aims'', ''may'', ''would'', ''could'', ''continue'' and similar statements are of a future or forward-looking nature. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause the distributor’s actual results to differ materially from those indicated in these statements.

These factors include, but are not limited to those described in Articles 5 and 9 of the TSA, which should be read in conjunction with the other cautionary statements that are included in the TSA. Any forward-looking statements in the White Paper reflect the Distributor’s current views with respect to future events and are subject to these and other risks, uncertainties and assumptions relating to the distributor’s operations, results of operations and growth strategy. These forward-looking statements speak only as of the date of the White Paper. Prospective buyers of the tokens should specifically consider the factors identified in the White Paper and TSA that could cause actual results to differ before making a purchase decision. No statement in the White Paper is intended as a profit forecast and no statement in the White Paper should be interpreted to mean that the earnings of the Distributor for the current or future years would be as may be implied in this White Paper.

Risk Statement



We will be using Sum and Substance for our KYC/AML. Citizens, residents (tax or otherwise), or green card holders, of the United States of America are ineligible to purchase any MYC tokens in the MYC Initial Coin Offering, PreICO, Private Sale or any other sale offered by Must Multiply Ltd. The same applies for residents of Belize, Singapore, China, Canada, Iran, North Korea, Syria, Iraq, and any other countries the US is in direct conflict with or where token sales are prohibited. This Whitepaper, or any part thereof, as well as any copies, must not be taken or transmitted to any country where distribution or dissemination of this Whitepaper is prohibited or restricted.

Restricted Areas



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Roadmap

Q4 (2018)• Project Conception,

Whitepaper Drafted, MarketResearch Conducted

Q1 (2020)• Team building: Acquire Head of

Content, Advisor & Legal.• KickICO listing.• Token Pre-Sale• Whitepaper & Website• Trademark• Recruit University Ambassadors• Build Presence• Pre-ICO

• MultiplyCoin token listing on cryptocurrency exchange.

Q3 (2020)• Hiring Operation Mangers, Customer Support,

& Content Creators• Build strategic partnerships with 20 Private

Universities.• Marketing to drive exponential growth in

users.

Q1 (2021)• Introduce a second

product offeringgeared towardsYoung Professionals

Q4 (2020)• New features and improvements• Hire Developers

• MVP Launch of Edtechplatform Android app

• Tests with real users,measure, and refine.

• Development ofAndroid / IOS app.

• Legal

• In campus MYCexchange.

• User Feedback &Product Development

• Onboard Companies to support Platform

• ICO

Q2 (2020)



Jack [email protected]

THANK YOU FOR READING.

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