important notice - bountie.io · important notice i the bountie tokens are not securities or units...

59

Upload: buithuan

Post on 15-Nov-2018

215 views

Category:

Documents


0 download

TRANSCRIPT

IMPORTANT NOTICE

i

The BOUNTIE TOKENS are not securities or units in a collective investment scheme or business trust,

each as defined under Singapore’s Securities and Futures Act (Cap. 289) (“SFA”). Accordingly, the SFA

does not apply to the offer and sale of the BOUNTIE TOKENS. For the avoidance of doubt, this initial

offering of BOUNTIE TOKENS need not be accompanied by any prospectus or profile statement and

no prospectus or profile statement needs to be lodged with the Monetary Authority of Singapore

(“MAS”).

This whitepaper does not constitute an offer of, or an invitation to purchase, the BOUNTIE TOKENS

in any jurisdiction in which such offer or sale would be unlawful. No regulatory authority in Singapore,

including the MAS, has reviewed or approved or disapproved of the BOUNTIE TOKENS or this

whitepaper. This whitepaper and any part hereof may not be distributed or otherwise disseminated in

any jurisdiction where offering tokens in the manner set out this whitepaper is regulated or prohibited.

The information in this whitepaper is current only as of the date on the cover hereof. For any time

after the cover date of this whitepaper, the information, including information concerning Bountie

Technologies Pte Ltd’s business operations and financial condition may have changed. Neither the

delivery of this whitepaper nor any sale made in the related initial token offering shall, under any

circumstances, constitute a representation that no such changes have occurred. Bountie Technologies

Pte Ltd does not make or purport to make, and hereby disclaims, any representation, warranty,

undertaking, or other assurance in any form whatsoever to any person, including any representations,

warranties, undertakings, or other assurances in relation to the truth, accuracy, or completeness of any

part of the information in this whitepaper.

Whether taken as a whole or read in part, this whitepaper is not, and should not be regarded as, any

form of legal, financial, tax, or other professional advice. You should seek independent professional

advice before making your own decision as to whether or not to purchase any BOUNTIE TOKENS. You

are responsible for any and all evaluations, assessments, and decisions you make in relation to investing

in the BOUNTIE TOKENS. You may request for additional information from Bountie Technologies

Pte Ltd in relation to this offer of BOUNTIE TOKENS. Bountie Technologies Pte Ltd may, but is not

obliged to, disclose such information depending on whether (i) it is legal to do so and (ii) the requested

information is reasonably necessary to verify the information contained in this whitepaper.

The BOUNTIE TOKENS are intended for use within applications available on the Bountie Technologies

Pte Ltd Network for purposes stated in the White Paper and Bountie Technologies Pte Ltd warrants

that the BOUNTIE TOKENS are fit for these purposes.

However, Bountie Technologies Pte Ltd is not responsible for compelling any person to accept

BOUNTIE TOKENS and disclaims, to the fullest extent permitted by law, all liability for any adverse

consequences arising out of or in relation to such rejections of BOUNTIE TOKENS.

Upon purchasing any BOUNTIE TOKENS, you will be deemed to have reviewed this [whitepaper/

Crowdsale Document] (and any information requested and obtained from Bountie Technologies Pte

Ltd) in full and to have agreed to the terms of this offering of BOUNTIE TOKENS, including to the fact

that this offering does not fall within the scope of any securities laws in Singapore and is not regulated

by the MAS. You further acknowledge and agree that the BOUNTIE TOKENS are not securities and are

not meant to generate any form of investment returns.

The BOUNTIE TOKENS and related services provided by Bountie Technologies Pte Ltd (if any) are

provided on an “as is” and “as available” basis. Bountie Technologies Pte Ltd does not grant any warranties

or make any representation, express or implied or otherwise, as to the accessibility, quality, suitability,

accuracy, adequacy, or completeness of the BOUNTIE TOKENS or any related services provided by

Bountie Technologies Pte Ltd, and expressly disclaims any liability for errors, delays, or omissions in, or

for any action taken in reliance on, the BOUNTIE TOKENS and related services provided by Bountie

Technologies Pte Ltd. No warranty, including the warranties of non-infringement of third party rights,

title, merchantability, satisfactory quality, or fitness for a particular purpose, is given in conjunction with

the BOUNTIE TOKENS and any related services provided by Bountie Technologies Pte Ltd.

TOKEN DISCLAIMERThe BOUNTIE TOKENS are not securities under Singapore’s Securities and Futures Act (Cap 289)

(“SFA”). They grant holders access to certain services within the Bountie Gaming ecosystem. They are

utility tokens whose entire value derives from the services provided by the Bountie Gaming Network

in exchange for holding or consumption of the tokens, as detailed here. They are not intended for

speculation and hold no rights to intellectual or other property or cash flows. They are not equities, as

they do not provide any fractional ownership rights in the company and no claim in decision making

over company assets or strategy. There is no promise of value or claim on revenue associated with the

BOUNTIE TOKENS, similar to debentures, other than that derived from platform usage. In short, PPN

tokens are not equities, debentures or any form of securities as defined under the SFA.

REGULATORY RISKSThe regulation of tokens such as the BOUNTIE TOKENS is still in a very nascent stage of development

in Singapore. A high degree of uncertainty as to how tokens and token-related activities are to be

treated exists. The applicable legal and regulatory framework may change subsequent to the date

of issuance of this [whitepaper/Crowdsale Document]. Such change may be very rapid and it is not

possible to anticipate with any degree of certainty the nature of such regulatory evolution. Bountie

Technologies Pte Ltd does not in any way represent that the regulatory status of the BOUNTIE TOKENS

will remain unaffected by any regulatory changes that arise at any point in time before, during, and

after this offering.

TAX RISKSThe tax characterization of BOUNTIE TOKENS is unclear. Accordingly, the tax treatment to which

they will be subject is uncertain. All persons who wish to purchase BOUNTIE TOKENS should seek

independent tax advice prior to deciding whether to purchase any BOUNTIE TOKENS. Bountie

Technologies Pte Ltd does not make any representation as to whether any tax consequences may

arise from purchasing or holding BOUNTIE TOKENS.

RISK FROM THIRD PARTIESThe tokenised nature of BOUNTIE TOKENS means that they are a blockchain-based asset. The

security, transferability, storage, and accessibility of blockchain assets depends on factors outside of

Bountie Technologies Pte Ltd’s control, such as the security, stability, and suitability of the underlying

blockchain (in this case, the Ethereum blockchain), mining attacks, and who has access to the private

key of a wallet where BOUNTIE TOKENS are stored. Bountie Technologies Pte Ltd is unable to assure

that it can prevent such external factors from having any direct or indirect adverse impact on any of

the BOUNTIE TOKENS. Persons intending to purchase BOUNTIE TOKENS should note that adverse

events caused by such external factors may results in the loss of some or all BOUNTIE TOKENS

purchased. Such loss may be irreversible. Bountie Technologies Pte Ltd is not responsible for taking

steps to retrieve BOUNTIE TOKENS lost in this manner.

RISKS IN PURCHASING BOUNTIE TOKENSBountie Technologies Pte Ltd cannot and does not guarantee or otherwise assure that there are no

risks in relation to your purchase of BOUNTIE TOKENS. The purchase of BOUNTIE TOKENS may,

depending on the manner in which the relevant purchase is effected, involve third parties or external

platforms (e.g., wallets). The involvement of such parties or platforms may introduce risks that would

not otherwise be present, such as misconduct or fraud by the third party, or your failure to receive

BOUNTIE TOKENS upon duly making payment because of a third-party wallet’s incompatibility with

BOUNTIE TOKENS. Bountie Technologies Pte Ltd is not responsible for any risks arising due to the

involvement of third parties, including the risk of not receiving (or subsequently losing) any or all

BOUNTIE TOKENS you attempt to (or successfully) purchase.

CONTENTW

ho We A

re

1

01

01 INTRODUCTION 05 FUTURE VISION

02 MARKET

08 PARTNERSHIPS

LINK & SUPPORT

03 PROBLEM & SOLUTION

04 PRODUCT FEATURE

1.1 Background 5.1 Overview

2.1 Gaming Market

3.1 The Problem

4.1 Main Features

26

54

41

11

14

17

15

18

3.2 The Solution

4.2 Tournaments

8.1 Strategic Partners

Website & Social Media Links

8.2 Gaming Teams 44

194.3 Video Contents

5.2 Esports Arena 27

09 MEET THE TEAM

459.1 The Bountie Team9.2 Advisors 51

204.4 Revenue Streams

5.3 Timeline 30

06 BOUNTIE TOKENS6.1 Token Acquisition

6.3 Token Sale Details6.2 Token & Smart Contracts

6.4 Fund Allocation

32

3536

33

07 PRODUCT ROADMAP7.1 Platform UI/UX7.2 Product Roadmap

3839

3

01 Introduction

Japan

Korea

TaiwanChina

Philippines

Hong Kong

Vietnam

Thailand

Malaysia

India

Singapore

Indonesia

3

01

Introduction

BACKGROUND1.1

Bountie is a platform for gamers in Asia to make a living while playing their favorite games.By using the latest technology in Blockchain

and Cryptocurrency, our platform reduces the

chances of fraud and high transactional fees. This

in turn will open up a new experience in esports

and gaming.

4

01

Introduction

The future of gaming lies in competitions and tournaments. Blockchain is the perfect technology to use for this

Bountie Technologies started in Singapore in July 2017 to build an ultra high-tech platform for gamers to play tournaments and make an income in cryptocurrency. The motto, “Get Paid To Play” lays out a vision of the future where gamers can earn cryptocurrency on the Bountie platform by winning against their friends or other members of the public in game tournaments. Bountie wants gamers to be able to make a living solely from the income earned winning competitive games in tournaments – just as pro tennis or golf players live off of income earned participating in tournaments.

Bountie is not just a gaming platform. It creates an economy for gamers, which circulates tokens through an ecosystem that would also benefit shoutcasters, game referees, content creators, brand partners and merchants. Bountie’s vision did not originally set out to utilize blockchain technology, but the team decided to go down this path after considering 1) the mainstream adoption of cryptocurrencies; 2) the fully automated nature of smart contracts for processing results and sending cryptocurrencies; and 3) the increased trust and lower costs from the decentralization of the platform.

Bountie’s core product is in essence a bracket generator for organizing esports tournaments, and it pads on multiple high-tech features that are

described in detail below. Development is split into two phases: Phase 1 (due in Q3 2018) introducing a tournament platform with smart contract integration allowing users to pay registration fees and features a Ricardian contract for settlement of game outcomes; Phase 2 (due in Q4 2019) will include all the features listed in this whitepaper, notably Bountie’s proprietary matchmaking algorithm that takes gamers history, and precise data such as movement speeds into consideration, while matchmaking players with similar skillsets and aiming for a 50-50 calculated outcome of victory for either player. Bountie will also store these gamers data on the blockchain, thereby creating a “LinkedIn for gamers” – a profile showing a gamer’s various usage statistics, which can be used for esports purposes or for targeted advertising, wherein merchants can buy this coveted user data using Bountie tokens – a portion of which flows back to the gamers themselves.

The relationship between Bountie and the game developers works in two ways: in the first instance, Bountie would take a hands-off approach with the developer, to avoid any licensing requirements. Gamers can simply use Bountie’s platform for their entire gameplay experience, which includes, but is not limited to, the organizing and execution of tournaments as well as the safe settlement of tournament outcomes. This (non-) relationship to

5

01

Introduction

the game publishers will define Phase 1 of the project, and our business development team has already sourced tangible relationships with tournament organizers who will use this user-friendly application for organizing their tournaments. The second relationship with the game publishers is more high-tech, and involves building API connections together with the game publishers so that the game can be accessed and controlled directly from within the Bountie platform. From a business perspective though, the team’s internal research has found that while building access to the games code would be more convenient, it may not necessarily add more than marginal user satisfaction to the product.

Bountie is a decentralized app, although the majority use case for Bountie tokens revolves around its platform. The major core functionalities within the platform run on smart contracts, such as player registration fee, leaderboard pool split and referral programs. Due to the nature of esports, however, there is also an inherent need for centralized features such as refereeing (witnessing), which activates a separate set of procedures that come from the platform administrator. Bountie’s decentralization still benefits from reduced transaction fees and the use of Bountie tokens eliminates the problem of cross-border cryptocurrency transactions. The broader gaming ecosystem that Bountie sets out to create also propagates a token economy that allows gamers from anywhere in the world to buy, sell, earn and spend Bountie tokens on other non-tournament related items such as gaming accessories or industry services such as private shoutcasting.

Bountie tokens may be acquired via winning tournaments, purchasing on

exchange, reaching and maintaining a position on the Bountie leaderboard (there are weekly and monthly leaderboards), referral programs, unlocking trophies, producing content such as streaming and refereeing.

As a tournament platform in an industry that commonly faces issues like hacking, boosting and smurfing, preserving the integrity of the system is critical. Therefore the role of referee is central to match verification. In order to act as a Referee, users must enable Referee support for their account. Referee nodes are the curators of matches. They serve as the final gateway before matches and rewards are processed. The network of Referee nodes act as a decentralized proxy that has the ability to connect to game APIs and cross-refer game outcomes to ensure no false, fraudulent, or suspicious matches are being processed by the platform.

Upon opting to become a referee, a user will be added to the “Referee Pool”. At the start of each match, referees will be selected to keep track of the game’s results along with the system. The number of referees to be selected will be calculated based on the following factors:1. Pot size: More high-value matches will warrant more witnesses to ensure the integrity of the result2. MMR: Matches of more highly-ranked players will require more referees3. Match type: Tournaments get more referees in general, later matches in the tournament even more so

A referee’s probability of being selected to oversee a match is semi-

6

01

Introduction

random, as it is directly proportional to the amount of time he’s been available as a referee but not assigned a game to do “witnessing”. This will ensure that everyone who opts in will receive relatively similar benefits.

Rewards for refereeing a game will be taken directly out of the game’s “pot”, scaling from 1% (minimum) to 3% (maximum) depending on the game’s length. This reward will be split evenly between all of the match’s witnesses.

Overall, refereeing is a quality of life feature, intended as a highly scalable solution to providing a hack/fraud-free environment in Bountie, while also providing more people with passive income.

Ultimately, hosting tournaments is the key feature of the product. Bountie provides bracketing and seeding support for all popular tournament formats (round-robin, single elimination, double elimination, round-robin group + single/double elimination playoffs, etc.) Tournaments receive support from all standard Bountie features in addition to the following:

1. Tournament Matchmaking Ranking (MMR): Bountie provides a single source to consolidate tournament performance, a key metric to identify how a player performs on a competitive level. Spotting new talent has been a long-standing problem of competitive gaming, especially for team games. This is mostly due to:a. Big tournaments being dominated by established teams, against whom a single good, new player without a developed team will be hard-pressed to compete

b. Having no single source to capture player performance on small tournaments2. Public MMR integration: Convert tournament wins/losses into public MMR. Allow tournament participants to not have to sacrifice public MMR when they are competing in tournaments.3. Tournament sponsorship: Allow Bountie’s partners and/or players to sponsor tournaments.4. PR Support: Bountie helps to resolve the difficulty of small tournaments trying to gain traction by making themselves known to the player base and getting enough good players to compete.

Bountie’s Proprietary Matchmaking AlgorithmThe two main goals behind the development of the Matchmaking Ranking (MMR) are: 1. Finding equal matches: Players will be matched against those with skill level (MMR) as close to theirs as possible2. Decreasing queue times: Players will spend less time finding matches and more time actually playing

7

01

Introduction

As such, Bountie’s matchmaking system will start off trying to match the players against those of almost identical MMR level, and slowly widen the search range as the player spends more time in the “finding match” queue. The accepted MMR range will be as follows:

Griefing & User Reputation Point system“Griefing” can be a serious demotivator in online gaming, and may heavily affect post-game customer experience. Bountie can address this issue seriously via our post-game report system:

Each player is given 3 “Commend” and 3 “Report” flagging rights each day, which they may use on other players in the game after the game ends. These Commends and Reports will affect the player’s “Reputation Point” as follows:

New Reputation Points = Old RP –/+ (Number of Reports/Commends from current match)^2

These adjustments are made on a per-match basis, based on the assumption that if one report is likely a personal grudge, but multiple reports against the same person are exponentially more likely to be a griefer.

Reputation Points: What are the impacts?Not only will a player’s reputation points be publicly viewable, certain features on Bountie will also be unavailable for badly reputed players, namely:1. Tournament participation2. Special promotion packages (in-app micro transactions available only with Bountie tokens)

Players’ MMR - (3*t)

Min. MMR< Accepted MMR <

Players’ MMR + (3*t)

Max. MMR

Where t = the number of seconds the player has spent in the queue looking for a match.

Bountie’s various leader boards all employ standard chess ELO systems to calculate users’ ratings. The formulation is a little too complex to be included as part of this paper in detail, but a quick summary may be found below:

If Player A has a rating of RA and Player B a rating of RB, the exact formula (using the logistic curve) for the expected score of Player A is:

EA =1

1 + 10(RB - RA)/400

Similarly the expected score for Player B is:

EB =1

1 + 10(RA - RB)/400

Also note that EA + EB = 1. In practice, since the true strength of each player is unknown, the expected scores are calculated using the player’s current ratings.

https://en.wikipedia.org/wiki/Elo_rating_system

8

01

Introduction

Similarly, some promotions will be exclusive to players of a certain Reputation level, which Bountie hopes will courage competition and positive behavior. The Reputation level of players ties in to the overall rankings of the player as Bountie creates the “LinkedIn of Pro-Gaming”, combining the earlier mentioned player rankings with their Reputation scores.

Bountie will maintain leader boards that rank players based on a separate MMR number for each of them:

1. Monthly Leaderboard: Maintain a list of top performers for that month. Functions as a “season” of sorts, which will reset competitions, and keep things fresh2. Lifetime Leaderboard: Maintain a listing of players based on their lifetime MMR3. Tournament Leaderboard: Maintain a listing of players based on their tournament performance (especially useful as reference for the competitive scene)

Leaders of these boards will be given periodical (weekly, monthly, etc.) rewards for their high rank in various forms: special promotions, gifts, free Ping-zapping services, or even Bountie tokens.

Quality of LifePing-zapping supportBad ping has always been an issue that plagues players, especially those coming from South East Asia, South America & Oceania. The issue is

extremely pronounced for FPS (First-person shooting games) and MOBA (Multiplayer Online Battle Arena games), and even worse still for cross-region games. Bountie’s solution is to allow gamers to use Bountie tokens to pay for better ping.

There have been solutions to handle this issue, but unfortunately their penetration rate is not high. Bountie plans to partner up with these solution providers (WTFast, Ping Zapper, Battle Ping, etc.) and make this feature available to all Bountie players. This ensures the best gaming experience that is not yet provided by any other gaming platform.

Bountie is releasing its Minimum Viable Product (MVP) in June/July 2018. The pre-sale ICO is set to begin on September 23rd, and run four phases of sales lasting through to November 7th. Funds received during the ICO will be used in the following allocations:33.75% Development18.75% Marketing11.25% Security and Legal11.25% eSports Arena15% Partners 10% Team

Bountie is setting out to forever change the esports gaming landscape and make getting “Paid to Play” a reality for passionate gamers. The rest of the whitepaper below has been structured to present our business plan as clearly as possible in a break from the more academic writing tradition. Please reach out to us for more questions and join our community groups. Thank you for joining us on this journey.

9

01

Introduction

Gaming Ecosystem

Gamers

PartnersBountie

Bountie wants to create a gaming ecosystem that revolves around the gamers, partners and Bountie itself.When we mention partners, we mean computer hardware companies like Logitech, ASUS, and Samsung, as well as game publishers and developers like Bluehole Studio (PlayerUnknown’s Battleground) and Valve Corporation (Dota 2).

Hardware companies can sell their products offline and online via Bountie’s platform directly to gamers seamlessly. Bountie can also handle sweepstakes and tournaments that allow players to win products.

Bountie will work closely with such partners to gather feedback on their products and games, create in-house content around them, and help publicize their products to target gamers and customers.

We aim to create an ecosystem where everyone needs everyone, with a strong network effect that strengthens as each element scales.

02 Market

02

Market

11

GAMING MARKET2.1

gamers across the globe.

Or 7.8%, from the year before.

By far the largest region, with

China expected to generate

$27.5 billion, or one-quarter of all

revenues in 2017.

Makes up 47% of $108.9bn

gaming revenue.

2.2 Billion

$7.8 Billion Increase In Revenue

Asia Pacific

Asia

02

Market

12

Esports revenues will reach US$696 million this year and will grow to US$1.5 billion by 2020 as brand investment doubles.

03 Problem and Solution

14

03

Problem &

Solution

01

04

03

06

02

05

THE PROBLEM3.1

Gamers have limited ways to monetise their skills and time spent on playing games.

Professional bodies have trouble finding talented gamers because there is no centralized and detailed public platform which contains accurate gamer profiles, rankings, and stats.

The top 3% of the gaming community receives 90% of the investment and prize money in esports.

The increased number of jobs nowadays is made redundant due to automated systems and AI in the near future.

Most games have a short life span of 3 to 6 months. Gamers lose interest after completing a typical game.

The majority of gamers are fond of participating in esports. However, the current landscape is limited in competitions and avenues for non-professionals and elite professionals.

Lack of Monetisation

No Gamer Search Engine

Winner Takes All

Decline of Career Opportunity

Limited Replay Value

Not Enough Competitions

15

03

Problem &

Solution

01 02

0403

3.2 THE SOLUTION

Bountie’s platform will allow gamers to create their

profiles, store their gaming stats, and also find suitable

team members and players to practice and play with.

Great Gamer Profiling and Matchmaking A New Way To Earn A Living

Lots of Tournaments & Challengers Advanced Blockchain TechnologyBountie will feature a seasonal leaderboard and weekly

tournaments for gamers to compete and earn Bountie

Tokens from. Plus they get to know how they stand

among the best players in Asia, as well as give them

more reasons to continue playing.

Bountie allows gamers to get paid doing something

they love and are good at. They can make money

through competitive gaming and content

generation within the platform.

Bountie aims to “tokenise” cryptocurrency. By

doing this, Bountie Tokens will be protected by an

unhackable system and add more layers of security,

especially when real world money is involved.

04 Product Feature

17

04

Product Feature

4.1 MAIN FEATURES

Bountie utilizes algorithms to matchmake players with similar skill sets. This results in a better level of competitiveness and also guarantees fair and balanced matches.

The Bountie leaderboard experience will be kept fresh and updated every quarter. The top 10 players in the leaderboards will receive additional bounty above and beyond their match winnings.

Proprietary Matchmaking Algorithms

Leaderboards

Bountie will give players a sense of instant gratification. Players pay a small fee to participate in competitive matches. They will then immediately receive earnings when they win these matches.

Because of technical and fraud prevention, Bountie will display “Pending Winnings” inside the winner’s wallet. The Bountie Tokens will only be transferred in a week when the match has been verified; whether it was won fair and square by the jury (which is either an admin from Bountie or a group of fellow gamers).

Bountie enables players to group up with friends and play their favourite games together. They can choose to go solo as well if they wish. In team-based matches, solo players will be grouped with other similarly-ranked players via matchmaking.

Players can earn Bountie Tokens by completing daily quests. Play 10 games, get 50 kills: basic objectives that can net you tokens quick. Share your results on social media too!

Immediate Match Rewards

Great Party Support (Even For Solo Players)Quest Rewards System

18

04

Product Feature

4.2 TOURNAMENTS

There will be 3 types of tournaments for our gamers to participate in. Tournament formats will be single-elimination.

Example: a total of 16 teams, head-to-head in a table format. The last 2 teams remaining will compete in the finals. As more gamers join Bountie’s platform, there will be more tournaments and even new types of tournaments.

Tournaments are organised weekly and hosted by Bountie.

Bountie’s partners can opt to organize a product-labeled tournament, like a Log-itech 2018 tournament or Logitech Cup. The winners of the tournament will be awarded Logitech-sponsored prizes.

Product Tournament

Gamers can partake in Bountie’s weekly tournament by registering with their team and paying a nominal fee with Bountie Tokens. This fee will combine with the rest of the other teams’ contribution and will become the prize pool of the tournament.

Buy-In Tournament

Gamers can join in our weekly tournaments with no cost or buy-in. The top 3 win-ners of each tournament will get rewarded with Bountie Tokens, with the champion team of each tournament added to a main event where they compete with other free-to-play champions. The winner of this main event will be awarded with gam-ing products sponsored by our partners with prize pool.

Free to Play Tournament

19

04

Product Feature

4.3 VIDEO CONTENTS

Bountie will collaborate with professional gamers and streamers. They will create content focused on improving player performance and high-level play. Said content will be posted on Twitch.tv, YouTube, and Bountie’s platform.

By Pros

Gamers can upload and share video content on Bountie. We accept all content that are educational, entertaining, inspiring, creative, and positive.

By GamersThis allows more Gamers to sustain their lifestyle while having fun.

Bountie will reward content creators with Bountie Tokens and merchandise in return for their time and effort.

04

Product Feature

20

Tournament API Virtual GoodsSales CommissionTournament Fees

Advertising Sponsorships Bountie Media

4.4 REVENUE STREAMS

Bountie Content

04

Product Feature

21

4.4 REVENUE STREAMS

The digital advertising industry is currently dominated by Facebook and Google, who own a combined 90% market share of global spending in advertising. At Bountie, we want to push for ads to gamers that are much more targeted towards specific purposes. Our platform, alongside the data from our gamer profiles, will allow advertisers the chance to use micro-targeting in a way that has not been possible before in this industry. They will be able to micro-target users, and gamers, based on their age, interests, and even system preferences.

Advertising

Through our tournament platform we envision an end-to-end solution for our gaming partners, as well as any other professional partners. We will provide them with solutions to organising and hosting tournaments and solutions to help settle payments and award prizes.

Sponsorships

01Building Lasting Relationships

04

Product Feature

22

4.4 REVENUE STREAMS

Bountie ambassadors, affiliates, and official team members will be able to stream smoothly and deliver content to their viewers through the various outlets that will be integrated directly onto our platform. We will also be able to further monetize ad revenues through their streams and content.

Bountie Media

Whether it’s through our platform or our blog, we provide content creation for our associated brands and partners. This is done through extensive and highly detailed reviews, guides, and features of new gamer products. By doing this, we allow the respective brands an avenue whereby they can push their latest technologies and products through our networks, giving them access to our wide gamer and customer base. Everything we create will also be disseminated through our various social media channels.

Bountie Content

02Creating Everyday Solutions

04

Product Feature

23

We aim to become a Software As A Service (SAAS) company for the gaming industry. We will do this by creating technology that will charge video game publisher a subscription fee in order to give them access to tournament-hosting services, gaming solutions, and unique APIs. The tournament API in particular would allow games from our client game publishers to be seamlessly linked to our platform. Additionally, the information that we pull from the games will be pushed to our comprehensive gamers profile which will also be available to the publishers.

Tournament API

This segment is Bountie’s biggest revenue generator. We will be taking a small transaction fee per tournament / match that we organize on our platform. This will be our biggest revenue generator because of the sheer scale of activity that will be seen on our platform. Scalability of our platform means that Bountie will be able to simultaneously host thousands of tournaments and earn fees from each one.

Tournament Fees

4.4 REVENUE STREAMS

03Uniquely Bountie

04

Product Feature

24

4.4 REVENUE STREAMS

Bountie has plans for our approach to the e-commerce side of our platform. Bountie will incorporate a similar model to that of businesses like Lazada, whereby we will offer our users/gamers goods and services from a range of businesses and take a percentage from the vendors/brands that we integrate on to our platform. Our gamers will also be offered a rebate in the form of Bountie tokens, further incentivising them to make purchases on our platform, helping drive our partners’ sales.

Sales Commission

Bountie will be offering its very own products and in-game items on the platform. Our vision is that someday soon Bountie tokens will be the sole industry standard cryptocurrency in gaming. However, this vision does not end there - we see Bountie tokens being utilized to buy food (from vendors like UberEats), booking hotels, renting cars, buying hardware, and so on and so on. The possibilities are limitless.

Virtual Goods

04FacilitatingE-Commerce

05 Future Vision

05

Future Vision

26

5.1 OVERVIEW

This brand new cryptocurrency will be the currency that Bountie will use. Bountie Tokens can be used to buy into tournaments and buy game products.

We predict that esports will continue to grow larger.Bountie aims to be the platform to facilitate esports, from

the casual gamers to the professionals. We want to create a

chance for gamers of all walks of life to make a living while

playing the games they love.

Bountie will create new types of jobs and sources of revenue

for gamers, just like how Uber, TaskRabbit, and Deliveroo did

for independent contractors and freelance workers.

Bountie is suitable for any game that has competitive and multiplayer modes, especially since the platform can generate its own tournament and leaderboard system.

Bountie will be the de facto search engine for gamers and esports affiliates to search for new and rising talent, as well as players for regular teams.

Multiple Games Platform

Bountie Token

Search Functions

05

Future Vision

27

01 02

0403

5.2 ESPORT ARENA

Our plan is to create a esports stadium in all major

cities that Bountie will be operating in. All gamers can

gather at the Bountie Esports Arena to play games,

find new team mates, and feel totally at home.

Gamers’ Hangout Bountie’s Helpdesk

Weekly Tournaments and Meetups Bountie’s Office

Bountie will be holding weekly offline tournaments to

encourage esports within the region. This will give gamers

another source of revenue since they’ll be winning prizes

and Bountie Tokens, as well as gain more exposure.

Bountie will also arrange meetups between brands and

esports organizations to help scout for potential talent.

Gamers may be good at what they do, but they

may not be familiar with how cryptocurrencies and

blockchain tech works. Bountie’s offline support will

be at the Esports Arena to assist them.

Our regional offices will be located in and within the

vicinity of the Esports Arena. We want to be as close

to the action as possible and also be close to our

community.

05

Future Vision

28

Lanshop Tournament

5.2 ESPORT ARENA - PROPOSED DESIGN

29

Bountie will be opening registrations for our very own Gaming Team in 2018Gamers who wish to play and train full-time can join our

team.

Our development plans for this include organizing random matchup battles against the Bountie Gaming Team. The rewards for the match will double up and an additional Bountie amount will be given to the team who wins.

The Bountie Gaming Team will be sponsored fully to take part in worldwide Dota 2 and Counter-Strike: Global Offensive esports tournaments.

We also have plans to work with game developers to create games in 2018 that are competitive, skill-based, and fun. This will ensure that Bountie has control over the direction for its portfolio of supported games and developed games.

05

Future Vision

30

2017

2018

2019 D E C E M B E R

Closed Beta

Publicity/Roadshows

Bountie Platform 2.0

Launch Platform

Esports Arena Preparation

1 Million Gamers

250,000 GamersJ U LY

N OV E M B E R

JUNE

AU G U S T

D E C E M B E R

D E C E M B E RPre-Sale Public SaleS E P T E M B E R T O O C T O B E R O C T O B E R T O N OV E M B E R

5.3 TIMELINE

Bountie Tokens06

06

Bountie Token

32

6.1 TOKEN ACQUISITION

You can buy them on Bountie’s

platform.

You can win them from other

players in Bountie-sanctioned

tournaments.

You can win them by being

one of the top 10 in the Bountie

gaming leaderboards.

You can get them as rewards from

doing Bountie daily quests (eg. playing

10 games, getting 50 kills and winning

a game, daily login bonus)

You can earn them from referral

programs and rewards. Tell a friend

and share the Bountie love, then earn

Bountie Tokens.

You can get them from promotional

and marketing giveaways. Jump in!

06

Bountie Token

33

6.2 TOKEN & SMART CONTRACTS

Bountie is implementing smart contracts on our Token sales, as well as platform functionalities like player registration fee, leaderboard pool split, pool-to-platform split, and referral programs for a start.

The use of smart contract will allow Bountie to take advantage of the security that

the Ethereum protocol provides without having the technical complexity to monitor and execute the conditional logic needed for the above transactions.

These transactions would then be verifiable via the blockchains. This makes fraud and tampering impossible.

Bountie Tokens will be created using Ethereum’s ERC20 Token Standard as it enables us to control our Tokens in a formalized and standardised manner. We will be using its functions to issue, distribute, and control the Bountie Tokens.

06

Bountie Token

34

6.2 STORING GAMER PROFILES ON THE BLOCKCHAIN

Bountie is building a “LinkedIn for Gamers” that will revolutionize gamer profiling for the next generation.

When he was younger, Bountie’s CEO Lex used to spend countless hours playing Warcraft III. Lex quickly found himself ranked 8th in the world, while boasting an extremely impressive 80-90% win rate over thousands of games played. Now here’s the problem, fast forward 15 years, Lex is a working professional with no way of accessing his stellar Warcraft III profile, or any of the associated stats for that matter.

Imagine having not only your gaming history but that of others all around the world, regardless of what games or on what platform they play, right at your fingertips and easily accessed through cutting-edge blockchain technology. This is Bountie’s vision. In short, Bountie are creating a LinkedIn for Gamers.

Currently, tech giants like Facebook and Google, hold an inconceivable amount of data, and power as a result, in their hands. These corporations are able to access the data of billions of users in order to use them

for their own benefits. Bountie wants to empower gamers to hold the keys to their profiles and set their own level of privacy, while simultaneously allowing other people around the world access to whatever data is public, as it is stored on a decentralized blockchain.

Bountie believes that the knock-on effects of this new system will have huge implications for virtually everyone! To list a few ways in which Bountie envisions the impact of this system: it will allow professional teams to find their potential team members much more easily, it will allow gamers to find prospective partners or sponsors, and most importantly it will allow for advertisers to utilize a sophisticated level of micro-targeting unlike anything Bountie have seen.

06

Bountie Token

35

6.3 TOKEN SALE DETAILSPre-sale Phase 1 Details

Pre-sale Phase 3 Details Public Sale Details

23 September 2018 12pm - 5 October 2018 11:59am

16 October 2018 12pm - 27 October 2018 11:59am 27 October 2018 12pm - 7 November 2018 11:59am

15% Bonus

5% Bonus

10% Bonus

DAT E

DAT E DAT E

P R E- S A L E B O N U S

P R E- S A L E B O N U S N O B O N U S

P R E- S A L E B O N U S

Token purchasers who participate early will receive additional

bonus Bountie Tokens. Any unsold Bountie Tokens will be

burned by the end of the Bountie Tokens sale. All Bountie

Tokens held by the team will not be sold for at least 12 months.

Pre-sale Phase 2 Details

5 October 2018 12pm - 16 October 2018 11:59am

1 ETH = 6500 + 650 Bountie Tokens

DAT E

VA L U E

1 ETH = 6500 + 975 Bountie Tokens

1 ETH = 6500 + 325 Bountie Tokens 1 ETH = 6500 Bountie Tokens

VA L U E

VA L U E VA L U E

200 million Bountie Tokens will be created. 130 million of them will be for sale. Presale will be done on at bountie.io/tokensale.

06

Bountie Token

36

15%15%Esports ArenaA physical hub for all platforms of gaming

Security & LegalTo conduct audit and tests for our platform. And to make sure we are operating legally in all jurisdiction in Asia

25%MarketingDigital ads, promotions, offline & online tournaments, recruit campaigns adoption & spread awareness

DevelopmentTo build a world-class platform for gamers. To fuel daily operational expenses, hosting fees, transaction fees, overheads & equipments

45%

Advisors15%

Team10%

Crowdsale65%

6.4 TOKEN ALLOCATION

Operations10%

Here is how Bountie Token will be allocated

Product Roadmap

07

Dashboard Homescreen with enrolled Tournaments

Tournament Directory Tournament Details (Brackets)

07

Product Roadmap

38

7.1 PLATFORM UI/UX

07

Product Roadmap

39

ICO

Private Sale

Esports Arena - Phase 1(Singapore, Malaysia)

Esports Arena - Phase 2(Thailand, Indonesia,Vietnam, Philippines)

MVP 1.0

Esports Arena - Phase 3(Korea, India, China)

Bountie 1.0

Q 1 / 1 8 Q 2 / 1 8 Q 3 / 1 8 Q 4 / 1 8 Q 1 / 1 9 Q 2 / 1 9

7.2 PRODUCT ROADMAP

Bountie 2.0

Partnerships08

08

Partnerships

41

8.1 STRATEGIC PARTNERS

As a world leading gaming brand, MSI is the most trusted name in gaming and Esports. They stand by their principles ofbreakthroughs in design, the pursuit of excellence, and technological innovation. Integrating gamers’ most coveted extreme performance,realistic visuals, authentic sound, precise control and smooth streaming functions into its gaming rigs, MSI frees gamers from tedious trial and error and pushes gaming performance beyond limits. The determination to surpass past achievements has made MSI a ‘True Gaming’ brand with gaming spirit throughout the industry!

Gaming Hardware Partner Streaming & Esports Arena Partner

Twitch is a live streaming video platform owned by TwitchInteractive, a subsidary of Amazon. It was aquired in 2014 for USD970 million. As of February 2018, it now has 2 million broadcasters monthly and 15 million daily active users. Bountie would be working together with Twitch as a Tournament Partner and Twitch as Bountie’s Streaming &Esports Arena Partner. Starting off with the first tournament on Q4 2018, in Bangkok, Thailand. Bountie is also working on a collaboration with Twitch for our Esports Arena. Constructing 3 streaming booths that will set the standards on what will be Silver, Gold & Platinium of a streaming setup.

08

Partnerships

42

8.1 STRATEGIC PARTNERS

GoodGameBuzz(GGB) brings brands and the Esports audiencetogether in mutually beneficial, deeply integrated activations thatdeliver real value for both the Esports community, and their brandpartners. GGB allow members to complete in-gameobjectives that offer rewards in our virtual currency called Buzz. Users can redeem Buzz to purchase in-game items such as Riot Points, Steam Wallet codes, Blizzard Balance codes, etc. GGB is coming in as a Brand Ambassador of Bountie’s platform first before deeper level of partnership discussion continues.

Brand Ambassador

Kitamen was established in 2016, currently a 20-man team with 10Esports Dojos throughout Malaysia. Kitamen has been dedicated in building lifestyle esports community hubs, a place where gamers can interact and socialise as well as engage in various esports titles.Kitamen also organises and hosts esports tournaments frequently for their community (which amount to tens of thousands of gamers).Bountie is coming in as a sponsor and potential partner. We are looking at ways to incorporate Bountie Tokens as an additional mode of payment within their Esports Dojos and to set a location for Over The CounterExchanges for gamers, token purchasers or anyone with Bountie Tokens to exchange their Bontie Tokens into Fiat Currency or other cryptocurrencies.

Brand Ambassador

08

Partnerships

43

8.1 STRATEGIC PARTNERS

Mr. Lee Woon Chiang, the founder of Uncle Ringo, has beenrunning travelling carnival for 35 years, but now with a moderntechnology like blockchain. He wish to offer ethereum-based ‘dapps’ thatpromise ticketing at a fraction of the price with its own digital crypto-coin. Users can have a password-protected wallet on their phone that contains the digital tickets signed by the park which are scanned at the gate, at which time the payment transfer is finalized between the guest’s wallet and the theme park’s. A secure decentralized systemapproved by consensus model. Uncle Ringo also want to embrace all forms of new technology, from virtual reality in rides torecommendation systems on mobile apps and the touchless payment technology that now pervades all major theme parks globally. Bountie will be working with Uncle Ringo to incorporate Esports element into their business model and Uncle Ringo will bring Bountie along for the ride.

Brand Ambassador

08

Partnerships

44

8.2 GAMING TEAMS

One of Bountie’s strategies in 2018 is to bring aboard professional teams from Dota 2 and Counter-Strike: Global Offensive as our partners and advocates of gaming influencers to showcase and shoutout to their fans and supporters to join Bountie’s Gaming Platform. These teams would act as examples and educate casual gamers on how to use Bountie’s platform via their Twitch streams.

Gaming Team Partners

09 Meet The Team

09

Meet The Team

46

9.1 THE BOUNTIE TEAMC O- F O U N D E R & C H I E F E X E C U T I V E O F F I C E R C O- F O U N D E R & C T O/ C O O

C O- F O U N D E R & C H I E F B R A N D O F F I C E R

Lex Na Darren Lee

Jose He

Co-founder of a boutique Digital Agency and a couple of e-commerce businesses. Has experience and expertise in the tech industry for the past 10 years. Previously Ranked Top 10 in Warcraft 3 Ladder Games. Excels in incorporating business strategies with blockchain-use cases.

Well honed in the areas of Design, Development and Business, Darren heads Fixx Digital - one of Singapore’s leading Digital Agencies, and has spearheaded projects for clients such as DBS Bank, Changi Airport and Singapore Airlines. Believes in building a functional yet aesthetically pleasing product that all gamers will come to adore.

Founder of a pet technology startup with more than 10 years experience as a senior business development strategist. Former executive chairman of Speaker & Trainer Association. A blockchain zealot and esports devotee.

C G O/ C M OCheck HoOnce dominated all servers in Warcraft 3 3v3, now accomplished coach who guides teams clinching over 50 podium finishes locally and globally. In the backstage, he does esports projects for various countries and organization to maintain the esports cycle.

C H I E F B U S I N E S S D E V E LO P M E N T O F F I C E RDesmond TanCo-founder of a regional advertising agency. Previous senior investment associate of Castlewood Group. A flamboyant on stage aficionado with 7 years of experience in events. Former speaker and presenter for a foreign property developer in China & Indonesia.

C H I E F S T R AT E G Y O F F I C E RAmy RuktanonchaiAmy has years of experience in Financial Services, most recently as the Bangkok-based CEO of a financial securities company. Ms. Ruktanonchai has specialized in the setting up and management of securities companies, focusing on asset management, brokerage, compliance and internal audit.

09

Meet The Team

9.1 THE BOUNTIE TEAMA S S O C I AT E PA RT N E RRunway TayA multi disciplined serial investor and business integrator, his passion spans the area of design, education, healthcare, cryptocurrency and real estate. He has been actively investing in a handful of potential local ICO. With years of experience in various fields coupled with wide network of contacts, Runway adds deep value to businesses and his associates.

B U S I N E S S D I R E C T O R, G R E AT E R C H I N ALynn Luo

Founder of Noble Stone Technology. Established Strategic partnerships between crypto-exchanges in the US and China. Blockchain community leader with strong investors’ relations in Greater China.

B U S I N E S S D E V E LO P M E N T M A N AG E RCharlie TanHas many years of experience in gaming events management, Charlie is looking to develop the infrastructure required to ensure that solid communication channels for all communities are in place for Bountie. Passion for gaming, like fire, overflows in the veins of Charlie.

C R Y P T O F U N D PA RT N E RRennie SngFormer Senior Manager with Citibank. 17+ years global work experience in Banking & Finance and High Tech industries. Rennie specialises in Finance and Cryptonomics and currently sits on the advisory boards of several VC seeded revenue generating companies that are in their private fund raising rounds. An advocate of AI, IoT, Big Data, Blockchain Finance and Cryptonomics.

S A L E S D I R E C T O R, G R E AT E R C H I N AAnthony Chen

With 12 years of experience in real estate and finance investment, Anthony has extensive knowledge and contacts throughout Asia. Graduating with a double degree in IT and Finance, Anthony has been a huge advocate for the blockchain technology and cryptocurrencies since 2013. Currently holding the Secretary position on the Board of Directors of Peking University’s Investment Research unit.

09

Meet The Team

48

47

9.1 THE BOUNTIE TEAMH E A D O F I N V E S T M E N TYe Jia LinWith strategic thinking, research and analysis capabilities, and organisational coordination skills, and proficiency in relevant industry news and development trends, Jia Lin is familiar with banking, capital market business and local government financial policies. His family has a strong network of interpersonal relationships, political background and businesses in China and Southeast Asia regions.

B U S I N E S S D E V E LO P M E N T M A N AG E RJiren YeoAn esports enthusiast and a regular Hearthstone player in the local gaming scene, Jiren specialises in business development and had worked with Capcom, NetEase, Nexon, and S2Games in partnerships acquisition for regional game launches.

H R A N D F I N A N C E M A N AG E RChua Bao ZengWith 6 years of experience in Human Resources, Accounts and Finance under her belt, Bao Zeng is a strong believer of talent management - hiring and grooming the right fit for the company. She sees great potential in how Bountie can be revolutionary to the gaming world.

B U S I N E S S D E V E LO P M E N T M A N AG E RSabir AnsariAn ambitious Business and Management graduate from King’s College London, with robust interpersonal skills and an entrepreneurial drive to succeed underlined with strong academic rigor and qualifications. Gamer for life.

09

Meet The Team

49

9.1 THE BOUNTIE TEAM

M A R K E T I N G L E A DTan Yi KaiFounder of an online sneaker business, media and advertising platform. Competent in social media marketing and growth strategies. He is familiar with how content works online. Yi Kai develops Bountie’s growth hack strategies and executes them accordingly.

M A R K E T I N G S T R AT E G I S TAriel MokExperienced in advertising & events management, Ariel is an award-winning saleswoman, 2nd place district winner in AAF student competition. Ariel has organized events, developed marketing plans, strategy and execution for clients including Kidzania, The Smart Local, and One °15.

C O N T E N T L E A DAthirah SyamimiFounder of an online publication. Has passion in content creation and bringing people together. Extremely excited about the revolution in the gaming industry.

B U S I N E S S D E V E LO P M E N T A S S O C I AT EKaterina LaiWith a background in private banking in one of Singapore’s largest banks, Katerina brings to Bountie experience in the field of investment acquisition. As a multi-faceted business development associate in Bountie, Katerina is involved in client relations, strategic partnership liaison and fund raising. Being a competitive individual, Katerina utilises such verve to fuel her professional ambitions and personal work ethic.

09

Meet The Team

50

9.1 THE BOUNTIE TEAM

C R E AT I V E E X E C U T I V E

Kimberly TayExperience in video production for 4 years, with freelance projects from companies such as Mediacorp, Acer and SCOGA’s esports academy. Also a passionate gamer who plays almost anything trendy.

P RO J E C T M A N AG E RFabien OngManager of Impunity and Girlaxy. Led the Impunity Vainglory Team to multiple podium finishers both locally and globally, most notably at the Vainglory World’s. Organiser of multiple Mobile Gaming events.

P RO J E C T L E A DJyessi GohPreviously an Intelligence Analyst. Always learning and striving for success, coming up with solutions other than Rush B - and the fun continues after work. To sum it up: Day Talker, Night Stalker.

09

Meet The Team

51

9.2 ADVISORS

I C O A N D L E GA L A DV I S O RVladimir NikitinWorld-class professional in consulting with over ten years experience in the legal, finance, retail, and IT industries. Renown cryptocurrency expert and ICO advisor (Top-5 worldwide ICObench Expert).

I C O A DV I S O RNikolay ShkilevNikolay is an entrepreneur who co-founded “Top ICO Advisors”. Rated Top 10 in People of Blockchain, he is the owner and co-owner of dozens of successful business projects, as well as an ICO advisor and ICObench expert. He has over 20 years of experience of being involved in large-scale projects, and has many awards and titles in the area of IT technologies.

B LO C KC H A I N A DV I S O RSvetlin NakovSvetlin has 20+ years of experience as software engineer, technical trainer and digital entrepreneur, focusing on the technical challenges of building decentralized blockchain projects. He is a blockchain trainer, consultant and tech advisor of several successful ICO projects, author of 9 tech books. Svetlin holds a PhD in computer science and ten tech awards. He trains with passion thousands of software engineers in his digital skills university SoftUni.

C R Y P T O C U R R E N C Y A DV I S O RPeter SinFrequent speaker and panelist on forums and seminars on cryptocurrencies. Co-Head of Digital Currency Sub-Committee of Singapore Cryptocurrency and Blockchain Industry Association (ACCESS). Co-Founder of Singapore Bitcoin Club, Singapore’s largest crypto trading educational community.

09

Meet The Team

52

9.2 ADVISORSS T R AT E G I C A DV I S O RJeremy KhooGroup CEO of iFashion - a leading regional fashion and lifestyle retail company. Co-founder of e-commerce fast fashion label Dressabelle and lifestyle marketplace Megafash. Jeremy is also a Principal Consultant in Novum Capital and Enblockr, and spends his time advising and building blockchain projects such as Consentium, Viola, Vanig and W Pay.

I N V E S T M E N T A DV I S O RMaggie MayMaggie May is the Director of International Relations and Development Department of United Nations International Information Development Organization and World Blockchain Organization, Managing Director of UN Blockchain Foundation, Investment Director of Goldera Capital, reverse mergers and SPAC expert. Maggie is an overseas Investment specialist, senior investment banking advisor, Chief Financial Officer, mainly engaged in overseas investment projects, and blockchain investment projects. Maggie has many years of experience in the financial industry and is familiar with the whole process of equity financing, investment, mergers and acquisitions, and has good network resources in the financial industry. Investment resources include Financial and Technology in Zug, Switzerland, Silicon Valley, United States and the Caribbean.

09

Meet The Team

53

9.2 ADVISORSS E N I O R S T R AT E G I C A DV I S O RJonathan ChenJonathan is a serial entrepreneur and early stage investor who advises co-founders/CEOs in private companies in Silicon Valley and Asia. He has had great success in developing business strategies, marketing strategies and strategic partnerships for Fortune 200 companies and start-ups. Current portfolio includes: video game studios (global), consumer retail marketing platform build on blockchain tech (Asia), wine preservation system (global), autonomous security robots (USA), eCommerce (Vietnam), Medical education service (global), and Biotech (Asia).

S E N I O R S T R AT E G I C A DV I S O REdmas NeoThe founder of a boutique venture builder and an active startup ecosystem developer with deep connections across the region. In the last 5 years, Edmas has accelerated and mentored over 100 startups (Singapore, Taiwan and Korea) through a number of acceleration programmes that he initiated. His 22 years of technology and business experience spans across the public, private and startup investments sectors (IBM, Pontiac Land, Raffles & Fairmont, IDA, Infocomm Investments). He was also a member of the core management and founding team of a hospitality eProcurement startup which had transacted over $100 million yearly and was successful exited through group merger and acquisition.

POTENTIAL RISK FACTORS RELATING TO PURCHASE, SALE, AND USE OF BOUNTIE TOKENS

i

By purchasing, owning, and using Bountie Tokens, you expressly acknowledge and assume the following risks:

1. GENERAL SUITABILITY OF TOKEN PURCHASEThe Company advises that the purchase of tokens should be undertaken by financially sophisticated

persons who are capable of evaluating the merits and risks of such a purchase, or other persons who

have undertaken advice from professional persons with regard to token purchase, and who have

sufficient financial resources to be able to bear any losses that may arise therefrom (which can be

equal to the whole amount spent with regard to the token purchase). Such a purchase should not be

regarded as a financial asset or an investment.

2. RISK OF LOSING ACCESS TO TOKENS DUE TO LOSS OF PRIVATE KEY(S), CUSTODIALERROR OR PURCHASER ERRORA private key, or combination of private keys, is required in order to be able to control and dispose

any, or all, tokens stored in your digital wallet(s) or vault. As such, the loss of said private key(s) linked

to your digital wallet(s) or vault (storing such tokens) will result in the loss of the tokens. Moreover, it

should be common knowledge that any third party that gains access to the aforementioned private

key(s), including by gaining access to login credentials of a hosted wallet service you use, may be

able to misappropriate your tokens. Any errors or malfunctions caused by or otherwise related to

the digital or vault you choose to receive and store tokens, including your own failure to correctly

maintain or use said digital wallet(s) or vault, may also result in the loss of your tokens. Additionally,

your failure to accurately follow the procedures set forth for buying and receiving tokens, including,

for instance, providing the wrong address for Purchaser Address, or an address that is not ERC-20

compatible, may ultimately result in the loss of your tokens.

3. RISK ASSOCIATED WITH THE ETHEREUM PROTOCOLDue to the nature of the tokens and the Platform being based on the Ethereum protocol, any

malfunction, breakdown, or abandonment of the Ethereum protocol may have a substantial adverse

effect on the tokens or Platform. Furthermore, any advances in cryptography, or related technical

advancements such as the development of quantum computing, could potentially present risks

to the tokens and the Platform, including, but not limited to, the utility of the tokens for obtaining

services, by rendering the cryptographic consensus mechanism that underpins the Ethereum

protocol as ineffective.

4. RISK OF MINING ATTACKSAs is the case with other decentralized cryptographic tokens based on the Ethereum protocol,

tokens are prone to attacks by miners in the course of validating token transactions on the Ethereum

blockchain, including, but not limited, to double-spending attacks, majority mining power attacks,

and selfish-mining attacks. Any successful attacks present a potential risk to the Platform and the

tokens, including, but not limited to, the accurate recording and execution of transactions involving

the tokens.

5. RISK OF HACKING AND SECURITY WEAKNESSESHackers or other malicious individuals/groups/organizations may attempt to interfere with the

Platform or the tokens in a variety of ways, including, but not limited to, malware attacks, denial of

service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing. Additionally, as the

nature of the Platform is such that it is based on open-source software, there is that a third party or

a member of the Company team may intentionally or unintentionally introduce weaknesses into

the core infrastructure of the Platform, which carries the potential to negatively affect the Platform

and the tokens, including the utility of the tokens for obtaining goods and services. That being said,

hackers, or other malicious individuals/groups/organizations, may also attempt to obtain access to

private keys or other access credentials in the Wallet or any other wallet, vault, or other storage

mechanism that is used to receive and hold tokens. This would result in the tokens being lost forever.

6. RISK OF UNINSURED LOSSESTokens are uninsured unless one specifically obtains private insurance as a measure of protection.

Thus, in the event of loss or loss of utility value, there is no acting public insurer, such as the Federal

Deposit Insurance Corporation, or private insurance arranged by Bountie Technologies Pte Ltd, to

offer recourse to you.

7. RISK ASSOCIATED WITH UNCERTAIN REGULATIONS As of the current date of this document, the regulatory status of the tokens and distributed ledger

technology is unclear or unsettled in many jurisdictions. As such, it is difficult to predict how or

whether regulatory agencies may apply existing regulation with respect to such technology and

its applications, including the Platform and the tokens. Likewise, it is difficult to predict whether or

how legislatures or regulatory agencies may implement changes to law and regulation affecting

distributed ledger technology and its applications, including the Platform and the tokens. Regulatory

actions could negatively impact the Platform and the tokens in various ways, including, for purposes

of illustration only, through a determination that the purchase, sale and delivery of the Tokens

constitutes unlawful activity or that the tokens are a regulated instrument that require registration

or licensing of those instruments or some or all of the parties involved in the purchase, sale and

delivery thereof. Should the laws change within a jurisdiction, such that it is now illegal to operate

in the jurisdiction, the company may cease all operations with respect to the regulatory actions.

8. RISK ARISING FROM TAXATION Presently, the tax characterization of tokens is the subject of hot debate, making their future status

uncertain. We implore you to seek your own tax advice when purchasing tokens. Failure to do so

may result in adverse tax consequences to you, including, and not limited to, withholding taxes,

income taxes and tax reporting requirements. Furthermore, the proceeds of the token sale (including

any money that the purchaser has paid for the tokens) may be taxable to the Company, which may

adversely affect the financial resources available to the Company, the Company’s business and the

Company’s ability to achieve its business objectives.

9. RISK OF COMPETING PLATFORMS It is within the realm of possibility that alternative Platforms could be established, which utilize the

same open source code and protocol underlying the Platform and attempt to facilitate services that

are materially similar to the Services. The Platform may compete with these alternatives; however, it

should be known that this could negatively impact the Platform and tokens, including the utility of

the tokens for obtaining Services.

10. RISK OF INSUFFICIENT INTEREST IN THE PLATFORM OR DISTRIBUTED APPLICATIONS It is possible that the Platform will not be adopted and sued by a large number of individuals,

companies and other entities or that there will be limited public interest in general regarding the

creation and development of the Platform, or distributed Platforms. This lack of interest or use

could negatively impact the development of the Platform and thus the potential utility of the

token, including the utility of the tokens for obtaining Services.

11. RISK ASSOCIATED WITH THE DEVELOPMENT AND MAINTENANCE OF THE PLATFORM While the Platform is still in its early development, it should be noted that it may undergo

significant changes over time from its original state. Although the Company intends for the

tokens and Platform to function as described and intends to take commercially reasonable steps

toward those ends, the Company may have to make changes to the specifications of the tokens

or Platform for any number of legitimate reasons. Furthermore, the Company has no control over

how other participants will use the platform, what third party products or services will be offered

through the platform, or how third party products and services will utilize the tokens. Therein

creating the possibility that the tokens or Platform, as further developed and maintained, may

not meet your expectations at the time of purchase. Moreover, despite the Company’s good faith

efforts to develop and participate in the Platform, it is still possible that the Platform will experience

malfunctions or otherwise fail to be adequately developed or maintained, which could negatively

affect the Platform and tokens, and the potential utility of the tokens, including the utility of said

tokens to obtain Services.

i

12. RISK OF AN UNFAVORABLE FLUCTUATION OF ETH, BTC OR OTHER COIN VALUE The fluctuation in values of ETH, BTC, or other coins, is out of the hands of the Company. Should

the value of said coins fluctuate unfavourably during or after the token sale, the Company may

not be able to fund development, or may not be able to develop or maintain the Platform in the

manner that it intended. Aside from regular market forces, there are several potential events which

could exacerbate the risk of unfavourable fluctuation in the value of ETH, BTC, or other coins,

including another DAO-like attack on the Ethereum network, or other significantly impactful

security incidents or market irregularities at one or more of the major cryptocurrency exchanges.

13. RISK OF AN UNFAVORABLE FLUCTUATION OF ETH, BTC OR OTHER COIN VALUE It is possible that, due to any number of reasons, including, but not limited to, an unfavourable

fluctuation in the value of ETH, BTC or ICOCOIN (or other cryptographic and fiat currencies),

decrease in the tokens’ utility (including their utility for obtaining Services), the failure of commercial

relationships, or intellectual property ownership challenges, the Platform may no longer be viable

to operate or the Company may dissolve.

14. RISK ARISING FROM LACK OF GOVERNANCE RIGHTS All decisions involving the Company’s products or services within the Platform or the Company

itself will be made by the Company at its sole discretion, as the tokens confer no governance rights

of any kind with respect to the Platform or the Company. These decisions include, but are not

limited to, decisions to discontinue its products or services in the Platform or to sell or liquidate the

Company. These decisions could adversely affect the Platform and the utility of any tokens you

own, including their utility for obtaining services.

15. REGULATORY RISKSThe Company, and by extension the Platform, is subject to a variety of federal, state and

international laws and regulations, including those with respect to privacy and data protection,

consumer protection, data security, and others. These laws and regulations, and the interpretation

or application of these laws and regulations, could change. In addition, new laws or regulations

affecting the Platform could be enacted, which could impact the utility of the Tokens in the

Platform. Additionally, the Platform participants are subject to industry specific laws and regulations

or licensing requirements. If any of these parties fails to comply with any of these licensing

requirements or other applicable laws or regulations, or if such laws and regulations or licensing

requirements become more stringent or are otherwise expanded, it could adversely impact the

Platform and the Tokens, including the Tokens’ utility for obtaining Services.

Also, changes in laws or regulations governing the Company’s operations may adversely affect its

business. Any change in the Company’s tax status, or in taxation legislation in the United States or

elsewhere, could affect the value of its financial holdings, its business and the Company’s ability to

achieve its business objective. Prospective purchasers are urged to consult their tax advisers with

respect to their particular tax situations and the tax effects of the purchase of Tokens from the

Company.

16. OPERATIONAL RISKSIt is essential to understand that the Company is a young company, and that the growth of the

team and its capabilities may take longer than expected to result in the intended usefulness for

the tokens. The wide adoption of our tokens and Platform may take longer than expected as the

tokens are just one product in a highly competitive market. The usefulness of the tokens depends

on the extent of widespread adoption of the offered technology by the marketplace.

17. RISK OF LACK OF ADOPTIONThe success of the Platform, and its tokens, is dependent largely on the adoption of the Platform,

Services, and underlying technology by users. It is possible that users do not adopt or use the

Platform, which could negatively impact the development of the Platform and therefore the

potential utility of the tokens, including the utility of the tokens for obtaining services.

18. TECHNOLOGY RISKSThe Company, and its tokens, is operating in a space that is dependent on emerging technologies,

whose capabilities have not fully been defined yet. As the technology matures, new capabilities

may dramatically alter the usefulness of the tokens or the ability to use or sell them. The

functionality of the tokens is complex, will require enhancements and product support over time;

thus, full functionality may take longer than expected. The full functionality of the tokens is not yet

complete and no assurance can be provided of such completion.

09

Links & Support

54

LINKS & SUPPORT

Youtubebit.ly/2BedwY1

Mediummedium.com/@bountiegaming

[email protected]

Instagraminstagram.com/bountieofficial/

Website bountie.io

Token Salebountie.io/tokensale

Telegramt.me/bountietoken

Twittertwitter.com/bountiegaming

Facebookfacebook.com/bountiegaming/

Bitcointalk Forumbitcointalk.org/index.php?topic=2436226