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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018 White Paper JPcompany

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Page 1: White Paper - Fx empire · Marketing 35% Development platform 35% Administrative expenditure 20% Team 10%development The items mentioned above will be intended: • Marketing, to

JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

White Paper

JPcompany

Page 2: White Paper - Fx empire · Marketing 35% Development platform 35% Administrative expenditure 20% Team 10%development The items mentioned above will be intended: • Marketing, to

JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

INDEX

• Introduction

• Short introduction on the ICO 1. How it works

1. 1 Smart-contract technology 1. 2 I check trend ICO 1. 3 The advantages for the investors 2. Model of the proceeds of the platform

2. 1 Roadmap JP 3. Offer of the Tokens of the JP

3. 1 Distribution of the Tokens JPT 3. 2 The pre-ICO 3. 3 Subdivision pre-ICO 3. 4 Public ICO 3. 5 Subdivision of the bottoms picked up in the public ICO 4. Team of the project

JPcompany

Page 3: White Paper - Fx empire · Marketing 35% Development platform 35% Administrative expenditure 20% Team 10%development The items mentioned above will be intended: • Marketing, to

JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

• Introduction

The platform jointly devised by JP company allows to invest in ICO using the method of the investment of the group. In this way investors investing a figure equal to (in value) to a single investment will get bonus highest and therefore a greater number of tokens. This procedure is completely decentralized and possible thanks to the use of smart-contract, which will operate in a wholly autonomous part of investment in the ICO and the consequent breakdown and sending of the tokens issued with the bonus payable directly to the wallet of the investor .

• Short introduction on the ICO

Symbol ICO stands for "Initial coin offering". Is an initial public offering of currency, a form of collecting funds with which a company sells to the market a criptovaluta its future, said coin or token (token) in exchange for a criptovaluta already circulating, as bitcoin ethereum , etc., to finance the project. How it develops a ICO An ICO is usually divided into two stages:

• Pre-ICO, wherein the bonus on tokens are very high (65%/80%), but to participate may be required large capital (> $20,000). As a rule, this typology of ICO is used by professional investors that possess considerable sums of money.

• Public ICO : may participate in the generality of investors with bonus investment considerably lower than those of the pre-ICO.

The ICO can take advantage of two different types of bonus:

• "Time Bonus" (a bonus that varies with the passing of time)

• "Bonus for quantity" (a bonus that increases with the increase of the amount invested)

1. How it works Initially projects will be entered directly by JP, or from the company that proposes its ICO by filling in a form google. The platform will in future that projects are inserted by the members of the Community through a system for voting (before being active will be reviewed by the team in order to reduce the possibility of scam projects). The projects directly proposed by JP may have bonus even more favorable; to participate in the ICO you must pay digital currency (initially we will accept only ethereum, in future, also other criptovalute as bitcoin,monero…) on a common portfolio indicated by the platform at the time of the investment and the tokens issued by various ICO will be automatically credited to the wallet of the investor with the percentage and the bonus payable.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

1.1 Smart-contract technology Technology at the base of the platform is the Ethereum blockchain that enables you to develop all the infrastructure necessary for the provision of our services. Below the technical functioning of the smart-contract: Contract inside will store the following information to the creation:

• in the variable icoName the name of ICO current

• in the variable nCustomers the number of people who have at that time invested at the

beginning is set to 0

• in the variable icoAddress the address of the ICO

• in the variable threshold the maximum threshold of investment for this ICO

• in minInvestment variable the minimum investment of each single user initially set at 0 but variable

• in currentInvested variable amount of ETH invested up to that moment

• in the variable token the token type managed by the ICO current

• in the variable commonWalletAddress address of common wallet on which are sent the funds

• TO WRITE THAT TAXS INCOMPLETE FOR NOW To remember there There are two structures very important data, which are:

• customers: a vector that contains the addresses of all those who have invested in the ICO current

• investments: map which associates to each address of who has invested the amount

invested.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

When a user sends eth at the address of the smart contract, its address is stored inside the vector customers and added to the map investments associating value of ETH that the user has actually invested; moreover, are updated variables relating to investment and the number of users that the smart contract is managing. At the time of the actual investment in ICO, the smart-contract will retain the total 3.5% (fee of platform) and the block until all users will not have received the token issued by the ICO. In the case in which the investment cannot be completed even that 3.5% will be returned to the users.

List works smart-contract: TokenDistributor: builder of the contract initializes whose variables the contract needs.

Function callback: it accepts the payment in ethereum towards the contract and recalls the function fund

Fund: it memorises the payment made in the structures given previously listed of way that then is possible to send back the tokens back in proportion to the made investment. sendBackTokens: It refers the tokens to the one who has invested in proportion to all that has

invested, subsequently it sends the taxes in ETH to the address set up to receive it; at last call of the function reset

Reset: restore the investments made by the users.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

setupNewICO: It sets up the parametres of the contract to manage a new ICO.

Other functions serve only for debug and in the final version they will not be included inside the smart-contract.

Special cases Situation 1. The ICO has not enough token for the sum of ETH present in common wallet:

• in situations such as this the smart-contract will send to the ICO the maximum amount of eth for tokens available and the eth remaining will remain on the common wallet.

When the token will be sent to investors the smart-contract also resend the eth remaining always in relation to the percentage paid by the investor Situation 2 the investment policy is canceled for any reason:

• The smart-contrat resend to investors the sum of eth paid including the tax withheld from the platform of 3.5%. The user will be returned the entire sum invested less taxs retained by blockchain for operations.

To make the platform more safe the common wallet and the smart-contract will be kept in a hardware wallet (trezor or leger wallet, this is still from decidre) ensuring the benefits of a wallet hardware:

• The wallet is not installed on your PC that might be compromised.

• The hardware portfolio is hardly attachable given that it is a separate device.

• Viruses and malware can't attack.

• You can not install any program on the wallet hardware and therefore it is difficult to 'infect it'.

1.2 I check trend ICO Pre-ICO/ICO present on the platform will have the minimum investment that if they are not achieved within the prescribed time limit will be automatically returned to the participants in accordance with smart-contract.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

1.3 The advantages for the investors The platform of JP offers several advantages to the investors who are looking for an easy and

safe access to the market of the crypto currencies:

• A safe cumulative investment between participants;

• Low intermediation costs;

• Support and control by the J|P;

• Access to higher bonus of pre-ICO and ICO

• System security with

• A panorama of the ICO present

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

2. Model of the proceeds of the platform The Platform will retain the total invested a success fee equal to 3.5% . The fee of 3.5% will be used to pay for all the costs of the blockchain and for the continuous development and improvement of the platform.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

2.1 Roadmap JPcompany

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

3. Offer of Tokens of the JP

JP itself performs a collection through ICO with the emission of tokens JP which will have as

"price" of 0.4 euro, naturally depending on the bonus present in pre-ICO and public ICO, the

price varies.

3.1 Distribution of tokens JPT

Quantity of the tokens Description

50.000.000 JPT Total tokens

what will they be divided in the next way:

Quantità dei Token Description

6.000.000 JPT disposable in the pre-ICO (12 %)

34.000.000 JPT Disposable in the ICO (68%)

3.500.000 JPT Bounty program(7%)

1.000.000 JPT Team (2%)

3.500.000 JPT Bug Bounty(7%)

2.000.000 JPT Reserves and future projects (4 %)

• The tokens not distributed in the pre-ICO and in the Bounty program will be held by the Bug bounty, reserves and future projects.

• In case remain tokens not distributed during the public ICO they will be destroyed.

3.2 The pre-ICO

As previously described, the tokens reserved for pre-ICO will be 12% of total token then

6,000,000 JP which will have a price of 0.4 euro a bonus of 60%, for a final price is equivalent to

0.16 euro for token.

The Bonus will be applied for any amount.

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

3.3 Subdivision pre-ICO

Description Commission

Marketing 35%

Development platform 35%

Administrative expenditure 20%

Team development 10%

The items mentioned above will be intended:

• Marketing, to finance expenditure on advertising such as: sponsorship online, journalistic,

commercial agreements, radio channels, social networking, exchange. These expenditures are

aimed to increase the visibility of the platform JP

• Development platform, percentage collection intended to finance the infrastructure necessary

for the development of the final platform

• Administrative expenditure, the funds used for the corporate part (legal expenses and

equipment necessary for the development)

• Security, with the objective of allocating a considerable part of the funds collected to ensure

investor a platform as secure as possible and trusted, by monitoring and aggiornandola

• Team development, the percentage collection will be destined for the enlargement of the

corporate organic, consisting in the recruitment of new programrs. The team will update the

platform JP and develop the application for mobile (IOS)

N.B.: Of course we can not predict the digit that gather but the funds that will remain available

will be distributed in the headings of marketing and reserves

3.4 Public ICO

During the 4 weeks of duration of ICO, bonuses available will be 2 , one for the "time" that will

decrease with the weeks passed and one for the "quantity" which will remain constant for the

whole duration of the ICO and

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

the Bonus 'temporal' , to be more clear, is represented in the table that follows:

Time Bonus

Period Sent Euro

Purchased tokens

Bonus in

Tokens Total Tokens

1°week 1000€ 2500 JP 15% 2875,00 JPT

2° week 1000€ 2500 JP 10% 2750,00 JPT

3°week 1000€ 2500 JP 5% 2625,00 JPT

4° week 1000€ 2500 JP 0% 2500,00 JPT

that will be added to the bonuses for “quantity“

Purchased Tokens

Spill ETH Bonu

s

tra 0.0218 a 1 3%

tra 1 e 3 5%

tra 3 e 6 7%

tra 6 e 10 10%

tra 10 e 20 15%

maggiore di 20 20%

there is an example: in the first week towards 2ETH (price on date 30/11/17 1 ETH = 376.70 euro) 2 ETH = 753.4 € 1883.5 + 20% = 2260.2 JP + bonus for quantity of 5% = 2373.21

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

3.5 Subdivision of the bottoms picked up in the public ICO

The funds collected will be divided into different accounting entries to finance the

implementation of the project:

Subdivision of the bottoms

Marketing 35%

Administrative

expenditure 15%

Security 25%

Development 15%

Bug Bounty 5%

Reservations 5%

The items mentioned above will be intended:

• Marketing, to finance expenditure on advertising such as: sponsorship online, journalistic,

commercial agreements, radio channels, social networking, exchange. These expenditures are

aimed to increase the visibility of the platform JP

• Administrative expenditure, the funds used for the corporate part (legal expenses and

equipment necessary for the development)

• Security, with the objective of allocating a considerable part of the funds collected to ensure

investor a platform as secure as possible and trusted, by monitoring and aggiornandola

• Development, the percentage collection will be destined for the enlargement of the corporate

organic, consisting in the recruitment of new programrs. The team will update the platform JP

and develop the application for mobile (IOS)

• Bug Bounty, in the case in which the platform JP showed of vulnerability, we believe that it is

intellectually correct reward those who have discovered the bug

• Reservations, this percentage collection will go to finance a fund provision to support any

expenses not budgeted

JPcompany

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JP Company Sede legale in Pistoia – Via Gabelli 33 Email [email protected] 2018

N.B.: Of course we can not predict the digit that gather but the funds that will remain available

will be distributed in the headings of marketing and reserves

4. Team of the project

Pier filippo Bellucci founder of the JPcompany, awarded in information expert, at present has a manager's list in the company of family LECOMMERCIAL s. r. l. in the sector of the tourism. Jacopo Venturi founder of the JPcompany, student in jurisprudence to the third year of studies to the university of the studies of Florence, awarded to the commercial economic technical institute. At present provincial manager of a juvenile political movement. Alexander Gasparri awarded in information expert, at present student close to the faculty of informatics of the University of the studies of Florence. It has a wide working experience in the sector and expert planner of smart contract and IOS/Android Gabriele Fedi awarded in information expert, at present student close to the faculty of information engineering of the University of the studies of Florence. It has a wide working experience in the sector and expert planner of smart contract and IOS

JPcompany