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MyBit Deal Sheet

This document summarizes a token sale for MyBit.io, which is building a decentralized asset management platform on Ethereum. The sale will be open for 30 days from March 24th, with a minimum target of $1.2 million USD (34,000 ETH). Up to 25 million MyB tokens will be issued in four tranches, with pricing starting at $0.0075 per token. Funds will be used to develop the platform and hire a team. Risks include execution challenges and reliance on Ethereum.

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488 views1 page

MyBit Deal Sheet

This document summarizes a token sale for MyBit.io, which is building a decentralized asset management platform on Ethereum. The sale will be open for 30 days from March 24th, with a minimum target of $1.2 million USD (34,000 ETH). Up to 25 million MyB tokens will be issued in four tranches, with pricing starting at $0.0075 per token. Funds will be used to develop the platform and hire a team. Risks include execution challenges and reliance on Ethereum.

Uploaded by

ian_846353246
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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BNC Deal-Sheet: MyBit.

io

MyBit.io Decentralized Asset Management. Start 24th March: open 30 days


http://www.mybit.io

Key Information: Token Issuance: Price per MyB: Target Raise Min: 1 ETH = $40 USD
Ticker: MyB Up to 25m MyB 0.0075 0.01 ETH $1.2m USD (34k~ ETH) (Pricing from BNC as at 17th Mar 17)
Long-form: MyBit Token Description:
Global Blockchain Asset Registrar built on the Ethereum Blockchain.
Short-form: MyBit Phase 1: Automating Bills of Sales and Tracking for peer to peer commerce (ownership title transfers), making Trust and
Legal entity: N/A Wills much more efficient, by using irrefutable smart contract code track ownership and value transferred without
Issuer: extensive overhead legal fees.
MyBit.io
Phase 2: Enabling companies embracing AI & IoT technology the ability to register their non-human owned assets. The
Whitepaper: PDF decentralized registrar will pave way to issue tokenized shares of these assets to the general public, in theory allowing
Token Sale Website: dashboard.mybit.io the workforce made redundant by these technologies, the ability to profit-share from decentralized revenues.

CEO: Ian M. Worrall Problem being solved:


COO: Thomas Pollan Decentralization of registrars for any asset. Interoperability and programmability via the Ethereum Blockchain ledger and
its smart-contract capabilities.
CIO: Garrett MacDonald
Use of Funds:
Building out a development team for Phase 2 & attracting top tier talent for management, marketing and the board.
Post-Sale activity:
Asset-Holders: Public & private Risks:
Liquidity: Exploring exchanges General execution, reliance on Ethereum Blockchain, general solution design and economies of scale considerations.
See disclosures in the MyBit crowd-sale Terms & Conditions.
Escrow: BNC Sale stages MyB offered: Cumulative MyB MyB price per ETH MyB $ Est. Post-Sale
MyB Issuance: Instant (smart-contract) (Tranche based): ETH: TWAP Update:

Time to launch POC: Less than 9 months. Tranche 1 4,500,000 4,500,000 0.0075 $xx.xx $0.xxxx TBC

Tranche 2 5,000,000 9,500,000 0.0085 $xx.xx $0.xxxx TBC

Issuance Info: Tranche 3 6,000,000 15,500,000 0.0090 $xx.xx $0.xxxx TBC

Amount on issue: Up to 22.5m MyB Tranche 4 7,000,000 22,500,000 0.0100 $xx.xx $0.xxxx TBC

Total Supply: Up to 25m MyB Totals/Averages: 22.5m 0.8750 $xx.xx $0.xxxx TBC

Token Domicile: Ethereum blockchain


Token Standard: Ethereum ERC20 Total on issue: 25m MyB Ref Prices:

Email: [email protected] Founders/other: 2m USD ETH


Website: www.bravenewcoin.com Bounties: 500k $40 1
Address: 89-91 City Rd, Southbank VIC 3006.

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