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The World’s First Multipurpose Hybrid Digital
Assets Trading Platform Based on Leading Edge
Blockchain Technology!
Short Pages
Including new features, Version Delta Upgrade, Changes
in ICO, IEO Announcements, and Token Distribution
December 2019, London, United Kingdom
1 White-Paper 1.2.1 (Revised)
It’s not about the
2
technology, it’s
about the people!
About Us Starting with an
approach for
“Innovating the
Future!™”, achieving
new horizons, and
delivering tangible
results!
100
SYNCHRONIUM® is the Full time
inventor of Developers
revolutionary concepts
in blockchain, 40
including Proof of Platforms and
Synchronization Products
(PoSync™) consensus,
SynchroNet™ Hybrid
Blockckchain,
9
Countries
SynchroLedger™
Presence
Hybrid Blockchain
Framework, and
SynchroBit™ Hybrid
Exchange!
White-Paper 1.2.1 (Revised)
12
Innovating the Future!™
FinTech Health Tech
Industry 4.0 AgriTech
Key Areas of
Innovations
Blockchain Virtual Reality
Big Data Artificial Intelligence
White-Paper 1.2.1 (Revised)
4
Awards
White-Paper 1.2.1 (Revised)
5
The Reason-Why! Why SynchroBit™ Hybrid Exchange
In most cases, one may say that there are hundreds of cryptocurrency
exchanges in the market. So why do we need a new exchange? Why do
Why A Hybrid Exchange? we need SynchroBit™ Hybrid Exchange?
Most of us have heard about hybrid exchanges and most people have a
simple definition for that which says: Simply, SynchroBit™ is not a me-too exchange, it’s not like any others! It’s
“A hybrid exchange is not a centralized exchange (CEX) that keeps the the World’s First Multipurpose Hybrid P2P Digital Assets Trading Platform!
private keys and has a central escrow (which is variable against hacker It’s a completely new concept.
attacks), nor a decentralized exchange (DEX) which doesn’t keep private
keys and users funds, while it’s slow due to the scalability issues on most SynchroBit™ is coming to the market to solve an extensive range of
of the public blockchains like Ethereum. problems in the cryptocurrency and digital assets trading industry as well
as giving the ultimate answers to the requirements of both rookies and
But let us improve this public implication as follows: professional traders that have not been met yet, including:
“A hybrid exchange is an exchange which benefits from hybrid blockchain • Lack of Transparency: how are you sure of the real market volume?
technology. It has the best mixture of both types of exchanges, but also How are you sure of the daily volume of the exchanges you are
has major differences which makes it a totally different type of exchange working on? Have you ever seen the shadow trends on the charts?
that is much faster, smarter, easier, cheaper, and better than ever!” SynchroBit™ aims not to be the so called “largest” or the “Highest
Daily Volume” exchange! These titles don’t mean much if you have a
The key differences of a hybrid exchange from other exchanges can be deeper look at the market. We aim to be ”The Transparent Exchange”.
summarized as follows: • Lack of Liquidity: Lets people trade freely and have quick access to
their funds! They are the owner of what they deposited, not anyone
• It doesn't keep any private key since there is no centralized server like else!
centralized exchanges. In the meantime, like decentralized exchanges, • Lack of Diversity: the total market value of cryptocurrency is too low in
users don’t keep any fund on the centralized wallets on the exchange comparison to Forex market. During October and November 2019, the
and all funds can be managed by themselves. average daily trade volume of cryptocurrency market was around $200
• Unlike the centralized exchanges that users are not actually dealing Billion (if we can rely on the exchange daily volume data!) while the
P2P (since the funds are deposited in a escrow wallet and users are Forex Market daily trade volume is more than $5,000 Billion (25 times
dealing with virtual funds that may be liquidated upon withdraw), on a more)! SynchroBit™ aims to extend the usage of cryptocurrency assets
hybrid exchange the users are dealing with each other with their own to be traded with other digital assets, like those in the FOREX markets,
real assets in a P2P manner. including precious metals, energy, commodities, etc. This will bring
• Unlike decentralized wallets that are are only based on a single much wider opportunities to the traders to trade many more
blockchain and face scalability issues (like max. 1,000 TPS on diversified assets in their portfolio and gain higher ROIs.
Ethereum based DEX platforms), the hybrid exchange is synchronized • Lack of Security: The era of centralized exchanges has gone! With
with various blockchains with higher scalability. SYNCHRONIUM® asymmetry wallet technology, the SynchroWallet™,
• Unlike the centralized exchanges where issues like front-running and the wallets are Tamper-Proof and all are created on the pertaining
market manipulation is likely occurring, on a hybrid blockchain, such a blockchains which makes them only available for the owner! No one
problem is impossible. has access to them, even admins!
White-Paper 1.2.1 (Revised)6
The Reason-Why! How Does It Work?
• Manipulation and Front-Running: centralized exchanges can easily
manipulate the markets. This is a fact that most traders are losing the
value of their assets during the pumps and dumps! SynchroBit™
comes to make a great difference!
(To read more about the market manipulation and front-running, we refer
you to this article on Bloomberg!)
• Lack of Accurate Analytics: one of the key problems of both rookies
and professionals in cryptocurrency trading is the lack of accurate
analytics. SynchroBit™ employs the latest analytical technologies to
combine both fundamental and technical analytics to bring a proper
image from the market trends to the traders.
• Lack of Social Trading: a good news to both rookies and professionals
is that, SynchroBit™ enables social trading as a real-time trading
solution for its users.
• Lack of Arbitrage: SynchroBit™ unique MultiExchange Trading (MET)
enables users to trade instantly on all partner exchanges with their
own account on SynchroBit™. It provides them with an extensive
opportunity to benefit from real-time arbitrage.
• Lack of Added-Value Services: SynchroBit™ business policy is not
based on trading fees, but is based on providing its users with added-
value services. There are a diversified range of added-value services
designed for SynchroBit™ users which will be delivered on every new
version.
• Lack of Risk Management: SynchroBit™ aims to minimize the risk of
trade and investment and maximize the change of higher ROIs for
both rookies and professionals. There are risk management tools
designed for SynchroBit™ which will be delivered on every new
version based on the analysis of user requirements, their experiences,
and market situations.
SynchroBit™ aims to minimize the risk and maximize the ROIs of both
rookies and professionals; It’s designed to be a real ”Game Changer!”
Play the SynchroBit™
Introductory Video now
White-Paper 1.2.1 (Revised)7
Like No One Else!
T R A D E
Metrics or Centralized Decentralized
Feature Exchanges Exchanges
Liquidity Moderated Low High
Trading Features Moderated Limited Extensive
Assets
Market Diversity
Crypto
Limited
Crypto
Limited
All kinds of digital
assets
Extensive
A
Security Low Moderated High
Wallets
Blockchain
Centralized
N/A
Decentralized
Public
Hybrid
Hybrid
S M A R T
Manipulation High Impossible Impossible
W I N
Trading Model Virtual funds P2P P2P
Deposit/ With Delays Instant Instant
Withdraw
Trade Solutions Spot, Margin, Spot +10 trading
O
Futures solutions
Development Web-Based Web-Based with Blockchain Based
Socket Backbone
Hacker Attacks to Easy, due to Hard, need hack Impossible!
Wallets centralized wallet cold wallets
Business Model Fee Schedule Fee Schedule Added Value
Services T R A D E R
Fee Schedule High Low Zero
Technology Web Based Limited to a Given Progressive
Trading Risk Moderated
Blockchain
High
Blockchain
Low
K
Competition High Medium The First!
White-Paper 1.2.1 (Revised)8
Key Advantages
White-Paper 1.2.1 (Revised)9
Differentiating Advantages
White-Paper 1.2.1 (Revised)10
Open Source Approach!
Let There Be Light!
SYNCHRONIUM® aims to turn the SynchroBit™ Hybrid Exchange to an
Open Source Project by Developing and finalizing the Version Covenant in
2022.
The Open source version of the platform, called “SynchroBit™
Sacramentum” will be an open source version which enables developers
to improve it, and like every open source platform, add new features to it.
These new features can be used by the users as Add-Ons for web,
desktop, and mobile version.
These Add-Ons will be available to the public after the approval of the
SynchroBit™ technical team and testing its security, compatibility, and
user-friendliness.
Add-Ons can be in both free and paid versions, which enables the
independent developers to benefit from the potential market of
SynchroBit™ users.
In the meantime, at SynchroBit™ Sacramentum, users can deploy their
localized digital assets trading platforms and FinTech dApps based on the
SynchroBit™ codes and core technologies. In this case, they just need to
pay a marginal cost for using SynchroBit™ core engine and sharing their
trading fees based on regulations and terms being determined on version
Sacramentum!
200,000 Pair Matching Per
The SynchroBit™ technical team will provide technical support, including
integration documentation, TestNet and MainNet support, template
setting, etc., to help both rookie and professional developers to enjoy a
Second and More! 25 Times
seamless experience from SynchroBit™ Open Source Project!
More than Most of The
Popular Exchanges!
White-Paper 1.2.1 (Revised)11
Regulatory of SynchroBit™
We Are Going to Be Regulated!
At SYNCHRONIUM® we have the culture of startup entrepreneurship! We
design, develop, establish, and deliver a proper product to the market and
then we let it grow up in its own nature and way!
Based on an inherent business culture of the company with the aim of
Innovating the Future™, SynchroBit™ Hybrid Exchange will be separated
from SYNCHRONIUM® business dock to be managed and developed as an
independent business entity in 2020.
The process of SynchroBit™ Hybrid Exchange has been started in Estonia
by SYNCHRONIUM® and it will receive its licenses for following
operations:
• Cryptocurrency Exchange
• Wallet Technology
• Fiat-Crypto and Crypto-Fiat Exchange Services
The separation of SynchroBit™ Hybrid Exchange from SYNCHRONIUM®
and its regulations provides extensive benefits for our investors and
stakeholders, including;
• The possibility of making SynchroBit™ Hybrid Exchange a public share
company in the EU and conducting its IPO on the European Exchange
Market
• Freedom of activity for SynchroBit™ to act as an independent financial
institution
• Increasing the net worth of the platform and the value of its native Trade All Kinds of Digital
token
• Flexibility for extending its operations and business activities all over
the world
Assets with Both Fiat and
Cryptocurrencies!
White-Paper 1.2.1 (Revised)12
Trading Markets
Module 1: Crypto Markets • Trade all kinds of high
liquidity cryptocurrencies
• Trade all kinds of
precious metals like
SynchroBit™ Hybrid Exchange Module 1 (which will be available since with more than 12 pairs Forex platforms with
• Use your crypto assets to both Fiat and
Version Delta) will provide users with the possibility of P2P trading an cryptocurrencies
trade on other markets
extensive variety of cryptocurrencies with diversified pairs including BTC, • Convert your assets
ETH, ZEC, LTC, XRP, XLM, EOS, DASH, USDⓈ (Stable USD Coins), and SNB into other trading
markets
(the native token of the platforms). In addition, Fiat pairs, including US$, Precious
Euro, and GBP are also available. In future upgrades, AED, Rubble, CNY, Crypto
Metals’
and TRY will be added to these pairs. Markets
Markets
Because of this, SynchroBit™ provides the most extensive and diversified
cryptocurrency markets in the market.
Module 2: Precious Metals’ Markets Commodity Energy
SynchroBit™ Hybrid Exchange Module 2 (which will be available since Markets Markets
the Version Omega) will provide users with the possibility of trading an • Trade all kinds of • Trade a various
high demanding range of energy
extensive variety of precious metals including gold, silver, platinum, commodities with products with both
palladium, etc., with both cryptocurrencies and fiat in various trading both cryptocurrencies fiat and
and fiat cryptocurrencies
models, including spot, perpetual contracts, margin, and futures trading. • Use your crypto • Convert your assets
assets to trade on into other trading
This module, for the first time in the cryptocurrency history will enable other markets markets
the people to trade precious metals like Forex, but with cryptocurrencies.
Further information will be provided to the community prior to the
release of SynchroBit™ version Omega!
Module 4: Commodity Markets
SynchroBit™ Hybrid Exchange Module 4 (which will be available since
the Version Omega) will provide users with the possibility of trading an
extensive variety of commodities, including rice, grain, corn, etc., with
Module 3: Energy Markets both cryptocurrencies and fiat. Like the other modules, this is also the first
SynchroBit™ Hybrid Exchange Module 3 (which will be available since time in the history of cryptocurrency that people would be able to trade
the Version Omega) will provide users with the possibility of trading an real energy stuff with the cryptocurrency assets.
extensive variety of energy products, including petroleum, petrochemical
products, fuel, and green energy with both cryptocurrencies and fiat. Like
the other modules, this is also the first time in the history of
cryptocurrency that people would be able to trade real energy products
with cryptocurrency assets.
White-Paper 1.2.1 (Revised)13
Target Customers
Business Standards SynchroBit™ Hybrid Exchange target customers are characterized as:
• Age: 20-35 years old
Business with Responsibility • Experience: ranging from rookies to professionals
SynchroBit™ Hybrid Exchange is not just a trading platform! It’s a • Trading Behavior: daily
platform for bridging the advantages of blockchain revolution and • Trading model: Spot, Margin, and Futures
cryptocurrency innovation to daily business tasks and life.
SynchroBit™ users will participate in major events and decision makings
through DAO as 1 SNB = 1 Vote.
SynchroBit™ Customer Club, as a business unit of the SynchroBit™ Hybrid
Exchange will provide the holders of SNB token and the users of the
SynchroBit™ platform with new opportunities to benefit from our
partnership programs with the other exchanges and businesses.
SynchroBit™ users will always have access to the managers via AMA
events and support systems.
Target Markets
Focusing Developing and Emerging Markets
SynchroBit™ Hybrid Exchange aims to have a special focus on the
emerging and developing markets in the following geographical
segments:
• Middle East
• North Africa
• Russia
• CIS and Central Asia
• South America
• South Asia
Meanwhile, SynchroBit™ will continue its marketing in well established
markets including Europe, Japan, Korea, and China.
White-Paper 1.2.1 (Revised)14
Associated Platforms Partner Platforms
New Platforms to Come by SYNCHRONIUM® Buy and Sell Cryptocurrency with your
SYNCHRONIUM®, the innovating company, is going to launch a series of
new omni platforms based on its revolutionary blockchain technology.
MasterCard and Visa Directly on SynchroBit™.
These new platforms will be associated with SynchroBit™ Hybrid
Exchange and their widespread applications will increase the market
share of SNB token in the cryptocurrency market.
These platforms will be live in the market since 2020.
Partner Exchanges
Listing Partners
SynchroBit™ Hybrid Exchange has established strategic business relations
with some of the well-established exchanges for the listing of our
SynchroBit Coin (SNB) after finishing its ICO and IEO, including P2PB2B,
Shortex, Alterdice, Atomars, CoinLim, CatEx, SIMEX, LiveCoin,
SISTEMKOIN, IXX, WhiteBit, CREX24, CoinMix, YoBit, TIDEX, BTC-Alpha,
etc.
The listing of SynchroBit Coin will start from the end of January 2020
gradually on partner exchanges. Further information will be announced
by the parties prior to the official listing.
IEO Partners
SynchroBit™ Hybrid Exchange IEO for SynchroBit Coin (SNB) will be
officially conducted during December 2019 and January 2020 on some of
the leading exchanges with good IEO performance, including P2PB2B,
Alterdice, ShortEx, LiveCoin.
White-Paper 1.2.1 (Revised)15
Listing Partners IEO Partners
The Largest IEO of The Year
SynchroBit™ Hybrid Exchange is going to conduct the largest IEO of the
year in association with some the leading exchanges in the market. The
SynchroBit Coin IEO will start on 15th December 2019 and last until the
end of January 2020.
White-Paper 1.2.1 (Revised)16
Restricted Territories
Customer Service The residences and the citizens of following territories are not allowed to
register on SynchroBit™ Hybrid Exchange:
• North Korea
Seamless Customer Support • Syria
SynchroBit™ Hybrid Exchange aims to provide its users with seamless
• Iraq
customer support. A team of well-experienced and well trained support • Yemen
agents in English, Arabic, Persian, Russian, and English language will • Myanmar (Burma)
provide our users with customer support services via live chat, integrated • Congo
CRM, and phone, in a 24/7 manner. • The United States of America
• Sudan
To enhance the quality of the costumer support services, the operations • South Sudan
will be monitored with experts to improve customer engagement and • Libya
service quality. • De facto States
• States sanctioned by the Security Council of the United Nations for the
use of international monetary systems
KYC Policy • States sanctioned by European Union for the use of international
SynchroBit™ Hybrid Exchange is a KYC based trading platform. However, monetary systems
users can test the platform with an unverified account. To pass the KYC,
users need to provide the following documents: AML
• Copy of ID (e.g., passport, driving license, national ID) only in Latin At SynchroBit™ Hybrid Exchange we are responsible for the technology
Alphabet and the opportunities we provide for our users. Therefore, we need to
• Clear selfie with the ID with mentioning the specific number and date make sure that the technology is not being used for criminal and law
required by the SynchroBit™ breaking activities. We obey the EU regulations and obligations in this
• Note: KYC team may ask for further documents like proof of address case.
Passing KYC on SynchroBit™ is a mixture of automated and human check. SynchroBit™ Hybrid Exchange has precise procedures for Anti Money
In case of the use of any fake documents for the KYC, SynchroBit™ holds Laundering (AML) and Counter Terrorism Financing (CTF). To access the
the right to ban the user from the using the platform. FIAT wallets on SynchroBit™ Hybrid Exchange and any direct fiat deposit
and withdrawal using SynchroBit™ Hybrid Exchanges, the user must
After the registration date, every user has to submit the KYC documents comply with AML and CTF regulations, obligations, terms and conditions
within 30 calendar days. The user withdrawal limit for this period is 5 BTC which is straightly conducted by the legal team of SynchroBit™.
in every 24 hours. By passing the KYC, the user limit for withdrawal will
be increased to 100 BTC in every 24 hours. Obviously, any suspicious activity subjected to AML and CTF will be
reported by the lawsuit office of SynchroBit™ to the responsible
authorities in the EU, the suspicious account may be banned or restricted.
White-Paper 1.2.1 (Revised)17
The Roadmap
SynchroBit™ has started its journey towards becoming one of the leading
digital assets trading platforms by providing outstanding customer
experience, trading features and solutions, excellent customer service,
and listing of high-quality digital assets.
During this journey, innovative features will be introduced in every new
2022
version, new assets will be listed, and the overall user experience will be
enhanced.
2021
2020
2019
White-Paper 1.2.1 (Revised)18
2019-2020
What Does Covenant Day Stands for?
Covenant Days are the most important days in SynchroBit™ Chronicle
Q2- 2020
Q1- 2020 • First Bonus Distributions
Q2 2019 • SynchroBit Coin IEO on Jan 2020 • Final Upgrades to Version Delta (Lucia to
• SynchroBit Coin TGE • Launch of SynchroBit™ Version Delta Ultima)
• Early Token Distribution to pre-ICO buyers (Prima)/ Covenant Day • Preparations for Version Sigma
• Upgrading from Version SIELO to INIZIO • Introducing New Platforms by
Status: 100% Done SYNCHRONIUM® Status: to be announced
• SynchroBit Coin (SNB) official listing on
partner exchanges
Q3- 2020
Q2 Status: In progress • SynchroBit™ Angels Global Meetup!
• Projection of SynchroBit™ Sigma
19
Q1 • New Listings
• New Portfolios
Q4 20
Status: to be announced
19
Q4- 2020
• Core Upgrade from Delta to Sigma (Covenant
Day)
Q3 Q2 • New Listings
19 20
• Version Omega Roadmap announcement
(Covenant Day)
Status: to be announced
Q4- 2019
• SynchroBit Coin ICO Round 2 and 3
• Testing Version Delta
Q3 2019 • IEO on Leading Exchanges
• SynchroBit Coin ICO Round 1
• Airdrop Program
• Strategic Integrations Q3 Q4
• Strategic Partnerships
• Bounty Program • Dedicated Wallet Introduction (Covenant Day) 20 20
• Cooperation with Exchanges for Listings
• Preparing Version Delta Status: 100% Done/ In Progress by end of 2019
Status: 100% Done IndaCoin and ZPay Partnership
Strategic Partnership with Dash
IEO starts on 15th December 2019
White-Paper 1.2.1 (Revised)19
2021-2022
Q1- 2022
• Version 1.0 Release (Covenant Day)
Q1- 2021
• Core Integration with
SynchroSphere™ platforms (Covenant Day)
Q2- 2022
• SynchroBit™ Officially Separates from
Q4- 2021 SYNCHRONIUM® as an independent business
• Version 1.0 Main Upgrade entity with dedicated headquarters in the USA,
Q1 • New Features and Portfolios EU, Middle East, Africa, South America, Asia,
and Pacific
21
Q4
Q3 21 Q2- 2022
• SynchroBit™ Version Sacramentum Strategic
21 Plan (Covenant Day)
Q2 Q1
21 22
Q3- 2020
• Version 1.0 (Version Covenant White-Paper
Q2- 2021
Release)
• Initialization of SynchroBit™ Omega Core
Upgrades (Covenant Day)
• Global Meetup (Covenant Day) Q2 Q3
• Initial Upgrade to Version 1.0 (Covenant Day)
22 22
White-Paper 1.2.1 (Revised)20
What is SynchroBit Coin The Economic Logic
SynchroBit Coin (SNB) is the fuel of SynchroSphere™ and as the major
SynchroBit Coin (SNB) Token is the official token of the SynchroBit™ Digital cryptocurrency of SYNCHRONIUM®, will be integrated in all Omni
Assets Trading Platform which plays the role of the native monetary system Platforms of the company. SynchroBit Coin, as the native monetary system
of the platform. of SynchroBit™ and SynchroSphere™ provides the users with the a zero
trading fees opportunity to trade almost all kinds of other
SNB token is an ERC-20 Token with leading-edge smart contract functions that cryptocurrencies without any hidden fee! It’s extensively being listed and
enables the holders to benefit from its functionalities on all SYNCHRONIUM® adopted by the other exchanges and its listings on more than 20 major
upcoming platforms. SNB token will be integrated into SynchroBit™ by the exchanges indicates its importance in the cryptocurrency ecosystem.
end of Public ICO and will work as the major payment option on the platform
for paying any fees, including trading fees. It benefits from its unique payment system, WinkPay™, a hybrid
Due to its extended functionalities on SynchroBit™ platform and its multipurpose payment processing platform which enables Fiat to Crypto
integrations with the other partner platforms, the demand for SNB token will and Crypto to Fiat instant liquidity.
always be increasing.
SNB token is accepted by a wide range of partner exchanges including
LiveCoin, CoinsBit, CREX24, and BTC ALPHA, which are among the reputable
exchanges in the market with high liquidity and volumes. SNB token will be
Key Advantages
available for trade on major ETH decentralized exchanges as well. Voting System
Every SNB holder who holds SNB for more than one year in her wallet can
participate in the voting for important decision making as 1 SNB equals
General Information:
with 1 Vote.
Token Name: SynchroBit Coin
Symbol: SNB
Issuers: SYNCHRONIUM® UK and SYNCHRONIUM® Georgia (Republic of) Diversified Applications
SNB is being used on various partner platforms which extends its usages
Total Supply: 1,000,000,000 SNB
throughout the market.
Public Sales: 450,000,000 SNB
Type: Ethereum Based ERC-20 Token
New Smart Contract Address (Upgraded and compatible with new fork): Extensive Listings
0x179E31FB25E433441a2839389A7b8EC9c4654b7B SNB is going to be listed forwarding the IEO and ICO on more than 20
partner exchanges which indicates its extensive usages, liquidity, and
tradability.
Zero Trading Fees
Trading with SNB on SynchroBit™ has no trading fees! Also paying the
trading fees by handling SNB for a given time, there will be a significant
discount on trading fees with our coins as well.
Fiat Liquidity
SNB is purchasable with Fiat using third-party partner platforms including
IndaCoin, ZPay, etc.
White-Paper 1.2.1 (Revised)21
Token Delivery: Immediate after purchase
Token Distribution Plan
Based on the revised plan, the SNB Token will be distributed as ICO Round 2
follows: Starting Date: 01.10.2019 (9:00 AM GMT)
Pre-ICO And Early Private Sales: 5% Finishing Date: 30.11.2019 (9:00 PM GMT)
Airdrop and Bounty: 1% Number of Tokens for Sale: 200,000,000 SNB
Public Sales ICO and IEO (Including Bonuses): 45% Token Price: USD 0.25
Minimum Purchase: USD 150
Team and Advisors: 5%
Maximum Purchase: USD 25,000
Acquisitions and Partnerships: 5% Bonuses: 15% and 25% for purchases of more than USD 5,000
Company Reserve: 39% Token Delivery: Immediate after purchase
Important Notes:
Private sales tokens are locked for two years after ICO and IEO
Public sales bonuses will be locked for at least six months after
ICO and IEO date and will be delivered based on the following
Token Distribution
schedule:
1) Bonus Delivery for the ICO Round 1: starting from 01.08.2020 5% 1%
2) Bonus Delivery for the ICO Round 2: starting from 01.10.2020
3) Bonus Delivery for the ICO Round 3: starting from 01.12.2020
45%
Team and advisors tokens will locked for 24 months after ICO
Tokens for airdrop, bounty, and promotions will be delivered six months 39%
after ICO
Company Reserve will be locked for 2 years after ICO
ICO Sales Plan 5%
ICO Round 1
Starting Date: 01.08.2019 (9:00 AM GMT)
5%
Finishing Date: 30.09.2019 (9:00 PM GMT)
Number of Tokens for Sale: 150,000,000 SNB Pre-ICO & Early Private Sales Airdrop and Bounty
Token Price: USD 0.20
Minimum Purchase: USD 150 Company Reserve Team and Advisors
Maximum Purchase: USD 25,000
Bonuses: 15% and 25% for purchases of more than USD 5,000 Acquisitions and Partnerships Public Sales (ICO, IEO, and Bonuses)
White-Paper 1.2.1 (Revised)22
ICO Round 3
Starting Date: 01.12.2019 (9:00 AM GMT) Check IEO Dates on Our Website
Finishing Date: 10.12.2019 (9:00 PM GMT)
Number of Tokens for Sale: 10,000,000 SNB or the Partner Exchanges!
Token Price: USD 0.35
Minimum Purchase: USD 50
Maximum Purchase: USD 25,000
Bonuses: 15% and 25% for purchases more than $5,000
Token Delivery: Immediate after purchase
IEO Sales Plan
SynchroBit™ has agreed with some of leading exchanges to conduct the
IEO of SynchroBit Coin during December 2019 and January 2020. The IEO
is planned in Four Rounds, with a precise schedule. During Round 1, 2,
and 3, the IEO on each partner exchange will be conducted for 48 hours
to enable the users of each platforms to have the equal chance to
participate in the IEO.
The detailed information on the dates of IEO on every exchange is
available on https://snbtoken.io website.
• The Total Supply for IEO: is 90,000,000 SNB
• Token Price: US$ 0.50
• Pairs: USD (on the exchanges with fiat gateway), USDT, BTC, ETH
• Bonuses will be delivered at a minimum of six months after listing on
the exchanges
• Token Delivery on each exchange is after listing of SNB on that
Exchange.
• KYC/AML terms and conditions applies based on the policy of each
exchange
• USA Citizens are not allowed to participate in the IEO
• IEO Bonus is 15% and will be delivered to the users wallet on the
exchange that she/he bought the tokens
• IEO bonus will be delivered six months after SNB listing on the
pertaining exchange
White-Paper 1.2.1 (Revised)23
Team and Advisors (Revised)
Use of Funds 5% of total funds raised from the public sales of SNB Token ICO/IEO will
be paid to team members, staff, and advisors of the company for their
Most of the funds raised from the public sales of SNB Token ICO will be services provided during Pre-ICO, ICO, and Post-ICO.
used for the improvement of SynchroBit™ platform and development of
its upcoming features which will be resulted in increasing demand and Legal and Regulatory
the value for SNB Token. SBC Legal as SYNCHRONIUM® legal advisors 5% of total funds raised from public sales of SNB Token ICO/IEO will be
and EY (Ernst & Young), as one of the world top 5 auditing companies, used for legal operations, regulatory of SynchroBit™ in major markets,
will supervise the use of funds by the company. The reposts will be etc.
officially published by SYNCHRONIUM®.
The planned use of funds is as follows:
Merge & Acquisitions (Newly Added)
5% of total funds raised from public sales of the SNB Token ICO/IEO will
Platform Enhancement be used for acquiring new platforms, technologies, and services which
25% of the total funds raised from the public sales of SNB Token ICO/IEO makes SynchroBit™ more convenient for users.
will be used for investments in enhancing the functionality and
development of upcoming versions. This includes obtaining new
infrastructures, programming, etc. Use of Funds
Marketing
15% of total funds raised from the public sales of SNB Token ICO/IEO will
be used to increase the market share of SynchroBit™ Hybrid Exchange in 5%
the market, including online ads, social media, events, etc. 25% 25%
Liquidity
25% of the total funds raised from the public sales of SNB Token ICO/IEO
5% 15%
will be for providing the liquidity of SNB on all listed markets and partner
exchanges. 5%
5% 15%
Reserves
15% of the total funds raised from the public sales of SNB Token ICO/IEO
will be held in the SYNCHRONIUM® reserve for urgent cases, including
operations, overheads, market making of SNB, etc.
Listings Platform Enhancement Reserves Marketing
5% of the total funds raised from public sales of SNB Token ICO/IEO will Merge & Acquisitions Listings Team and Advisors
be used to extend the listing of SNB in the markets, including top Liquidity Legal & regulatory
exchanges.
White-Paper 1.2.1 (Revised)24
Bounty and Airdrops Listings
Allocated Funds The Most Extensive Listing of the History
In total, 1% of the supply of 10,000,000 SNB, has been allocated to be SynchroBit Coin (SNB) listing is considered the most extensive listing of
used for the bounty and airdrop programs for the SynchroBit™ Hybrid an ICO/IEO in history by breaking records. Up to this date, the number of
Exchange during ICO, IEO, and operations. listing exchanges that have signed an official agreement with
SYNCHRONIUM® for the listing of SNB after its ICO and IEO, has reached
30 exchanges. Due to the business policy of some of our partner
Initial Bounty Program exchanges, we cannot name them all here or on our social media before
SynchroBit™ Initial Bounty Program started on 05 August 2019 and will the official date of listings.
end on 05 December 2019. To read the ANN of this bounty program,
please click here. SNB will be available on all major exchanges, including decentralized
exchanges.
Note1: Bounty program tokens will be distributed 12 (twelve) months
after the first listing of SNB.
Why Extensive Listings?
Note 2: The remained tokens from this bounty program will be reserved SNB is going to be one of the dominant cryptocurrencies of the market.
for future bounty and airdrops. Such an extensive listing will provide holders, traders, and the users of
SNB to have quick access to liquidity. Meanwhile, it leads SNB to be
traded along with diversified pairs, including international fiat (Euro, USD)
Initial Bounty Program and regional fiat (including CNY, RUB, CAD, AUD, TRY, AED, etc.). The daily
SynchroBit™ conducted several rounds of Airdrops during round 1 and 2 trade volume of the partner exchanges listing SNB is about 25% of the
of the ICO which will be distributed six months from the first listing of whole daily trading volume of cryptocurrency market, which indicates a
SNB gradually. The distribution of Airdrop tokens will be finished over six bright future for SNB as one of the leading cryptocurrencies of the future!
months after the first distribution.
Listing Schedule
Future Bounty and Airdrop Programs SNB listing on partner exchanges will be started forwarding the IEO
SynchroBit™ will use the remaining tokens from the Initial Bounty finishing date. The first listing will be done on 01 February 2020 on some
Program to conduct future bounty and airdrop programs. Further of the partner exchanges, and almost every two weeks new
information will be officially announced by the Bounty Program Manager announcements for the listing of SNB on partner exchanges will be
on Bitcoin Talk and official social media of SynchroBit™. released. Obviously, every new listing will add higher market cap to the
SNB and increases the inherent value of SNB in the market.
White-Paper 1.2.1 (Revised)25
The 1st Token Burn Event
Token Burning Date: 17th April 2022
Total tokens to burn: 19,500,000 SNB equal with 5% of the reserve
The 2nd Token Burn Event
Why Token Burning? Date: 30th October 2022
Token burning is one of the fundamental procedures to control the Total tokens to burn: 18,525,000 SNB equal with 5% of the
circulating supply of a given digital asset in the market. Token Burning remained reserve
Event (TBE) increases the total value of the remaining tokens and The 3rd Token Burn Event
decreases the potential of putting new tokens from reserves to the Date: 1st July 2023
market. Total tokens to be burned: 17,598,750 SNB equal with 5% of the
remained reserve
How Does It Work? The 4th Token Burn Event
The popular way of burning tokens is to send them to the genesis wallet Date: 1st January 2024
address of Ethereum which is not owned by anyone and the sent tokens Total tokens to burn: 16,718,813 SNB equal with 5% of the
are not recoverable at any condition. This wallet address is available to remained reserve
the public on etherscan.io The 5th Token Burn Event
Wallet Address: 0x0000000000000000000000000000000000000000 Date: 18th August 2024
Total tokens to burn: 15,882,882 SNB equal with 5% of the
remained reserve
What is Going to be Burned?
SYNCHRONIUM® will burn the following tokens: Totally 88,225,445 SNB will be burned from company reserves!
• 50% of the unsold token during ICO and IEO
• 5% of its own reserves (initial company reserve is 300,000,000 SNB) in
five events
Burning Unsold Tokens
As mentioned earlier, SYNCHRONIUM® will burn the 50% of the unsold
tokens from the allocated tokens for the ICO and IEO. For this, we will
first offer these tokens to private investors after listing of SNB. At this
condition, the private buyers will receive their tokens in a lock-in wallet
which will be unlocked three years after the date of purchase. The offers
for these sales will be available only one month after the first listing of
SNB on partner exchanges. After this period, SYNCHRONIUM® will burn
the remaining amount of the unsold tokens by sending them from its
major wallet to the Ethereum Genesis Wallet. The TX hash of this event
will be published officially on SynchroBit™ social media and will be
announced to the community.
Burning SYNCHRONIUM® Reserves
SYNCHRONIUM® will conduct five rounds of token burning from the
reserves as shown in the following schedule and will publish the report
on GitHub.
White-Paper 1.2.1 (Revised)26
Terms of Purchase
Token Sales Policy
Based on the Terms and Conditions, stated on https://snbtoken.io/terms,
SNB is not a security token, share, or any kind of regulated asset by the
SEC, and or any other regulating party. Token purchase is not refundable.
For more information, please read the Terms and Conditions.
Prohibited States and Person
The residences and the citizens of the following states are strongly
prohibited from participation in SNB ICO, IEO, Bounty, and Airdrop:
• The USA
• North Korea
• Syria
• Sudan
• South Sudan
• Congo
• Myanmar (Burma)
• Ivory Coast
• De Facto States (Based on EU Lists)
KYC/AML
All participants in SNB related events, including ICO, IEO, and Airdrop,
have to pass the KYC (Know Your Customer) process. SYNCHRONIUM®
holds the sole right to approve or disapprove the documents used for
KYC.
Accepted documents for KYC:
• National ID
• Driving License
• Passport
Legal Notice:
• Using any kind of fake or forged documents will result in legal
prosecution.
• The Documents MUST BE in Latin Alphabet.
• Non-Latin Alphabet Documents MUST BE translated into English with
Notary approval.
White-Paper 1.2.1 (Revised)Section IIX: Version Delta At A Glance
28
Introduction
The progressive
As a technology innovating company, SYNCHRONIUM® adopts a
progressive approach in developing its innovative platforms. We take a
vast range of criteria into account for the continuous improvement of our
platforms, including the user experience, technological advances, security,
and scalability. As a result, SynchroBit™ Hybrid Exchange is not a steady
platform, but is a fully progressive platform that will be continuously
improved through developing new versions.
Version Delta is a very significant version of SynchroBit™ Hybrid
Exchange, and with its innovative features will open new horizons for
both rookies and professional traders to minimize their risks and
maximize their ROIs, and trade much faster, smarter, easier, cheaper, and
better than ever!
Version Delta Breakdown Structure
Version Delta of SynchroBit™ Hybrid Exchange will be released to the
public since 01 January 2020 and its core upgrade will be conducted
through three Sub-Versions including:
• Prima Upgrade
• Lucia Upgrade
• Ultima Upgrade
Every upgrade brings new features and enhances the functionality of
SynchroBit™ Hybrid Exchange.
The first version of SynchroBit™ Δ is called Prima (Δ.1.1) which makes P2P
Spot trading of cryptocurrencies much faster, easier, smarter, and cheaper.
Gradually, almost every month there will be a new feature added to
SynchroBit™ Δ and by March 2020, Margin trading with extensive features
will be available on the secondary version of SynchroBit™ Δ, called Lucia
(Δ.2.1).
Full integration of new features of Version Δ will be done by May 2020
and SynchroBit™ Δ latest version, called Ultima (Δ.3.1) will be available
including AI features, extended trading, and much more.
White-Paper 1.2.1 (Revised)29
Introduction
After All, The Version Δ Is Coming!
As promised on the earlier versions of the White-Paper, SynchroBit™ INIZIO (2019)
Version Delta is coming!
Based on our planning, Version Δ (Delta) will be launched before the end
of this year on the TestNet of SynchroNet™ and will be live on
01.01.2020 (12:00 PM GMT).
We have great improvements to the Version Delta including much more
than previously promised on the last White-Paper. We improved the
wallets even more, making them better and secure and as promised,
Tamper-Proof. Version Delta Upgrade Chronicle
Our core trade matching engine will be capable of matching more than
Δ Prima
200,000 real bids and asks (which is 25 times faster than most of
exchanges in the market)!
The first version of SynchroBit™ Δ is called Prima (Δ.1.1) which makes P2P 01 January 2020
Spot trading of cryptocurrencies much faster, easier, smarter, and cheaper.
Gradually, almost every month there will be a new feature to be added to
SynchroBit™ Δ and by March 2020, the Margin trading with extensive
features will be available on the secondary version of SynchroBit™ Δ,
called Lucia (Δ.2.1).
Full integration of new features of Version Δ will be done by May 2020
Δ Lucia
and the SynchroBit™ Δ latest version, called Ultima (Δ.2.1) will be
available with some of AI features, extended trading, and much more. March 2020
During the upgrades of Version Δ our esteemed users will benefit from
multi-exchange trading features, deep market analysis, academy,
knowledgebase, and extensive features.
Gradual upgrade of SynchroBit™ Δ will enable us to analyze the user Δ Ultima
experience, improve the functionalities, and deliver the superior
performance based on our innovative hybrid technology. July 2020
Upon the release of SynchroBit™ Δ, our technical team will publish the
technical papers.
White-Paper 1.2.1 (Revised)30
Chronicle of Features
Important Note: Integration of SNB, the native monetary system of
SynchroBit™ will be done on February 2020 as a part of Prima Upgrade to
Version Delta.
Δ Prima
In the Prima upgrade, our users will experience hybrid functionalities.
They can easily define their hybrid wallets on SynchroBit.io and enjoy one
of the fastest trading experiences.
Some of the Key Features
• Hybrid Wallets
• Fiat Wallets (access to fiat system is subjected to AML terms and
policy)
• Spot Trading of crypto-fiat and vice versa
• Diversified crypto pairs, including pairs with BTC, EOS, Dash, ETH, ZEC,
USDⓈ, XLM, LTC, XRP, BCH, and Fiat (US$, Euro, and GBP)
• OTC buy and sell with MasterCard and Visa Card
• Trading options of Limit, Market, and Stop Limit
• Advanced Trading
• Quick Trade
• Trezor Cold Wallet Integration
• Third-party Payment Systems Integration (IndaCoin, and Zpay)
• Advanced User Dashboard
• Highly Secure Login
• 2FA
• Advanced User Dashboard (Version 1)
• Diversified Listing of High Liquidity Crypto Assets
• Seamless Support System
• Academy (Version 1)
• WinkPay® Integration (SYNCHRONIUM® Hybrid Payment Processing
Platform based on SynchroPay™ Technology)
• +200,000 Pair Matching in a Second
• Instant Deposit and Withdrawals (depending on the speed of TX
confirmation on every integrated public blockchain, like EOS, BTC, etc.)
• SNB Market with Zero Trading Fees! A General View of Advanced Trade Page of SynchroBit™ Delta in Login Mode!
Note: Some features will be available through different upgrades.
White-Paper 1.2.1 (Revised)31
Chronicle of Features
Δ Lucia
In the Lucia upgrade, which takes place up to May 2020, the users will
experience more futures, faster trading, and new trading features.
Some of Key Features (in addition to those in Prima upgrade)
• Margin Trading
• Trend-Limit™ (available on advanced trading page)
• Membership Plans (to receive added value)
• OCO (One Cancels the Other)
• Advanced User Dashboard
• Fundamental Analysis
• CRYPTOFOLIO™ Version 1
• More features to be announced in February 2020.
• iOS and Android dApps
A General View of Advanced Trade Page of SynchroBit™ Delta in Login Mode!
Note: Some features will be available through different upgrades.
White-Paper 1.2.1 (Revised)32
Chronicle of Features
Δ Ultima
In the Ultima upgrade, which takes place up to July 2020, the users will
experience the ultimate features designed for SynchroBit™ Version Delta.
Some of Key Features (in addition to those in Lucia upgrade)
• Chat System
• Advanced User Pages
• Advanced Academy
• Social Trading
• Advanced Features for Margin Trading
• Crypto Stacking and Lending
• Faster Trade Experience
• New Features to Mobile dApps
• Full Activation of SynchroBit™ Delta Features
A General View of Quick Trade Page of SynchroBit™ Delta in Login Mode!
Note: Some features will be available through different upgrades.
White-Paper 1.2.1 (Revised)You can also read
