SOLID YIELDS FOR INVESTORS

&
EQUITY FOR DEVELOPERS

ROADSHOW MAY 2019

GENEVA – MILAN – LUGANO – FRANKFURT – LONDON – OSLO – MONACO
LUXEMBOURG - ZURICH

DR. CHRIS KACHER & AXEL L. JACOB

CO-FOUNDERS OF HANSECOIN OÜ Hansecoin Deep Analytics Partners
ASSET BACKED TOKENS (ABT)
REGULATED TOKENISED SECURITIES

• An industry leading regulatory compliant company tokenising hard assets

on behalf of issuers

• Allows issuers to raise equity for permitted projects in a range of 1.5 – 20

mil Euros

• HanseCoin’s platform reduces transaction costs while boosting

efficiencies for issuers and investors alike.

Regulated Tokenised Securities Enabling Fractional Ownership More Liquidity

DEVELOPMENT CAPITAL FOR HARD ASSETS
A LOOK AT CLOSED-END FUNDS
IN THE GERMAN MARKET

• Lock-in Periods: 3 – 20 years

• Yields: 4-8%
• Transparency: Low
• Liquidity: NEARLY ZERO
17bn

1,7bn
in Euro
2007 2017
COST FOR RAISING PROJECT EQUITY
PAST VS. HANSECOIN ABT

Real Estate, Shipping Closed-end HanseCoin

and other asset classes Funds Platform

Marketing, admin, legal, 18 – 22 % 4%

compliance:
Annual ongoing cost & fees: 3.5 – 4 % 1.5%

Lock-in period: 3 – 20 years None*

TRANSFORMATION OF ASSET FINANCE
European Market Size p.a.:
- Project Finance > 56 bn
- Lease & Asset Finance
>334 bn
Capital seeking Investment
Opportunities & Yields Small and Medium Enterprise
(SME) bank loan financing

Projects
gap in the Eurozone at 400
Capital

bn
European SMEs depend on
banks for 70% of their
external financing (against
around 40% in the U.S.)
Developers & Manufacturers
Heterogeneity persists: the
seeking additional Capital/Equity highest SME bank loan
financing gaps are in the
Netherlands (22% of GDP),
2019 Belgium (14%), France (9%)
and Italy (4%).

Regulated Tokenised Securities can close the gap & take a bite of this market
GERMAN EQUITY – UNTAPPED GIANT
• German Bundesbank Q2 2019 reports that a trend to more capital
market investment since 2014 has continued, however, …
• Germans continue to prefer liquid and daily available savings in bank
deposits which they perceive as low risk. Thus, EUR 2.5 T or 40% of all
savings are held with little to no yield.
• In Q1 2019 alone total savings increased by EUR 153 bn to EUR 6.17 T
representing a EUR 74,000 per citizen.
• With approx. EUR 30,000 held in low yielding deposits and EUR 28,000
in insurance savings, the average German generates substantially lower
yields by a delta of more than 3% compared to peers in Norway,
England, Netherlands, of 2% vs EU average, and by nearly 5% less than
an average U.S. saver.

Regulated Tokenised Securities at low cost, liquid and easily tradable, asset
backed, even at medium yields have a unique opportunity to tap into this pool,
and not just in Germany.
HOW DOES IT WORK ?

Placement period Construction & Sales period Project

3 – 6 months approx. 4 years completion

via Option 1

Project Tokens
(vested) Tokens fully tradable = liquid
issued

on Option 2
REGULATION AND LEGAL ASPECTS

Estonian Financial

+ Supervisory Authority
(EFSA)
 MOBILE WALLET FOR
RETAIL INVESTORS

 Buying/Selling of tokens
simply through the app.
 Project transparency in the
palm of their hand
 All information about the
projects at their fingertips:
construction webcams, status
of sold units, etc.
HANSECOIN USECASE NO. 1
A TYPICAL USE CASE FOR CONSTRUCTION EQUITY: :

- 6.6 M RESIDENTIAL APARTMENT AND ROW HOUSE DEVELOPMENT

- SHOVEL-READY, EXISTING PROJECT FINANCING, DEVELOPERS, CONTRACTORS
- INFRASTRUCTURE AND BUILDING PERMITS IN PLACE
- 6.64 HECTARE LOCATION IN A PRIME SUBURB OF TALLINN, ESTONIA

DURATION: 4.5 YEARS

TARGET YIELD: 7 – 11.3 %

Project
Placement period Staged Construction & Sales Period
completion
4 months approx. 4 years
2023

Token vested Token listed on exchanges/fully liquid

USE CASES: CORE & WHITE LABEL

EUR 6.6 m - Residential apartment and row house development

shovel-ready with existing detailed plan, infrastructure and building
permits at a prime 6.64 hectar location in a suburb of Tallinn, Estonia

EUR 3 m - Plant protein extraction &

conversion for human food consumption
Industrial building, plant, machinery &
equipment in Painküla, Estonia

EUR 1.5 m - Urban residential apartment high rise complex, permitted

and scheduled for construction in Q3 in Vienna, Austria

EUR 3.8 m – Blade data centre, payment infrastructure,

blockchain software platform from Switzerland &
Germany with whitelabel use of our tokenization engine
INCOME STREAMS OF HANSECOIN

1. A 4% issuance fee on all projects placed

2. A 1.5 % annual management fee from all running projects

3. Incremental fees, anytime a transaction takes place

4. Additional passive income from white-labeling our

platform with partners across segments and industries
globally
THE NEXT 18 MONTHS OF HANSECOIN

55
65
50 Projects, 75
85
95
105
252m+ of equity 115
125
135
No. 50 14
June 2020 155
49 165
175
48 185
47 195
46 205
45 215
46 22
WHAT‘S THE PROJECTED RETURN?

For year 3 the

NPV is at EUR
22.776 mln
plus an accrued
liquidity reserve
of EUR 7.75 mln
resulting in a
projected year 3
firm value of EUR
30.53 mln.

At a severe 50%
probability
discount we
derive a current
firm value of
EUR 15.265 mln.
WHAT ARE THE COSTS AND REVENUES?
What’s done What we need to-do now
• Legal structuring, tech design and software • Market our brand across Europe with developers,
composition issuers, financial intermediaries and retail
investors
• Swift regulatory compliance for the tokenization
engine and its initial tokens • Expand the tech development team
• Secured the first use case and onboarded three • Build out and refine the token wallet front end for
cross segment projects as proof of concept the stock exchange listings by end of August
• VPAT token issued and processed with CoinMetro • Establish key teams and offices across the EEA to
as licensed payment agent vet, structure and process the onboarding of
projects and issuers till year end
• KYC, AML and PEPS services procured from
CoinMetro to underpin our compliance • Onboard strong retail brands with large customer
bases as distribution partners in Q3
• Pre-listing work with stock exchanges and listing
agents • License as Alternative Investment Fund Manager
(AIFM) in Estonia for EEA wide passporting by Q4
• Private equity and family office marketing across
Europe with a growing community of subscribers • Build a fully digital Central Securities Depository
together with CoinMetro as a partner by 2020
• Developed white-labeling design and capacity for
asset backed tokenisation and product variations • Establish a Multi Currency Bin to issue branded
credit and debit cards under Coin Metro’s
licensing umbrella within two months
KEYS TO SUCCESS
 First-mover Advantage

 High Barrier to entry for relevant competition

 Unique Solution to address the Capital Gap

 Client Access to Higher Yield

 Solid Blockchain Technology to lower cost

 Access to larger market share across segments & industries

 Higher profitability
THE INVESTMENT OPPORTUNITY

 Investment in the first use case, fully secured by the underlying asset
 Yield: 7 – 11% p.a.
 Liquidity: Daily after a 3 months‘ vesting period

 Option: Subject to contribution size option to convert between 50% and

100% of the participation into HanseCoin preference shares (the
Utility Mastercoin) with the chance of multiplying your investment.

 Private Sale Offer in Summer Pre-Listing Sale is valid for a maximum of 1,750,000 Euro