BIOCOINis an international blockchain-based loyalty plat and eco-cryptocurrency BIOBioCoin supports and develops local communities, farmers, producers and distributors of pure natural products through an international loyalty system From creators of the farm cooperative LavkaLavkabiocoin.bio | infobiocoin.bio | https//t.me/biocoin 1. AbstractBioCoin, an international blockchain plat and BIO cryptocurrency, is a system of mutual settlements, which allows to accelerate the pace of development and increase the turnover of all businesses that have joined the plat. BIO is the first crypto currency to integrate into the real economy, into the everyday life of people. The basis for the distribution of biocoin in the domain of real economic activity is the system of loyalty. This is the most important and central tool of biocoin.The main objective of the plat is to unite socially responsible businesses that support organic agriculture, local farms, responsible attitude to the environment, contribute to the sustainable development of the planet in accordance with the principles of a green economy. BioCoin supports and develops local communities, farmers, producers and sellers of pure natural products through an international loyalty system.BioCoin is a living ecosystem. About 20 million biocoins are already in daily turnover.How does BioCoin work Within the loyalty system, biocoins are accepted for payment by all participants of the plat. Customers receive biocoins as a reward for the purchase of goods and services. With these biocoins, customers and businesses can settle with each other or pay for new goods and services. In addition, biocoins are already accepted for payment in a number of businesses without the entry of business itself into the loyalty network. And one more innovative component of biocoin is the opportunity to pay with them in general anywhere with the help of a crypto-technological solution that connects your wallet and MasterCard.The most important feature of biocoin is the logic of its spread and the growth of liquidity in the market. In addition to acquiring biocoins during the ICO or subsequent purchase on exchanges, you can get BIO either as payment for goods and services, or, more importantly, as a reward for the purchase of goods and services. Such a consumer mining will promote sales growth among business participants of the plat, because this is an opportunity to get biokoins for free. In turn, this leads to the joining of new businesses in the plat and causes an increase in the turnover of biocoins, so that the demand for biocoins on exchanges is growing, and the price of biocoin is rising. And the higher the price, the higher the motivation of buyers to do the consumer mining and spend their money. Thus, there is a constant increase in the cost of biocoin, the growth of businesses and customers who use it. LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio2That leads to an acceleration in the pace of business development, whose activities are aimed at developing responsible attitude to the environment and green economy. In addition, our technological solution includes the possibility of creating mutual assistance banks and to microcredit. Interconnected users of biocoin friends, neighbors, colleagues, partners, etc. will be able to create small funds for lending to each other. This will be another incentive for using biocoins and for accelerating business processes within all organizations and communities using biocoin. The international blockchain plat BioCoin and the BIO cryptocurrency is a system of mutual settlements that integrates into the daily life of people. And makes the world better every day. LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio32. Contents1. Abstract 2. Contents 3. Introduction 4. Business model 4.1 How it works4.2 Building on the success of LavkaLavka 4.3 Why it is beneficial to entrepreneurs 4.4 Why it is beneficial to farmers and consumers5. ICO 5.1 Token specifications5.2 Crowdsale6. Team7. Roadmap8. Mass media about us9. Contacts LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio43. Introduction BioCoin is an international blockchain-based loyalty plat and eco-cryptocurrency BIO. It aims to create a network of socially responsible companies all over the world, which, through their activities, support organic farming, local family farms and responsible attitudes towards the environment, and also contribute to the planets sustainable development according to the principles of a green economy. BioCoinwas created by the LavkaLavka farmer cooperative founded in 2009. LavkaLavka and our partners from different countries UAZ, ZHITZ distillery, BROTECH Fermentation technology, Good Faith Restaurant Group, Living Craftworks and others have fully become the participants of BioCoin from the very beginning of the blockchain-based loyalty plat and the eco-cryptocurrency launch.It is important that the BioCoin ecosystem is already operational in test mode. In the run-up to the ICO, 20 million BioCoins were launched into the business of LavkaLavka and its partners that joined the plat. We considered it important to allocate a strictly limited budget no more than 20 million BioCoins for the system testing. And now BioCoin already works. Farmers receive BioCoins for their produce and use them to pay for the machinery and equipment they need since the machinery manufacturers have already joined the plat; they buy feed, fertilizers and plant protection products. Customers already use BioCoins to pay in shops, farmers markets and cafes. They buy goods such as food, furniture and clothes. Transactions in BioCoins occur daily and, what should be underlined, it is not merely the result of purely financial transactions detached from the real economy. BioCoin is already part of the real sector today, part of the real economic activity of people. Activity aimed at the sustainable development of local communities, farmers and enterprises that support environmental and green technologies. Basic principles of BioCoin All clients of the stores, restaurants and other business projects that have joined the BioCoin blockchain-based loyalty programme will receive rewards credited in BIO cryptocurrency to their personal cryptowallet for every purchase made at these establishments. The remuneration is 10 of the purchase amount in the national currency 10 is the average number. Each business has the right to set the amount of remuneration. The amount of BIO credited is calculated based on the cryptocurrency exchange rate at the time of the purchase. Rewards are credited to all clients without any exception. It does not depend on the actions of the client themselves - since their ID in the loyalty system is connected to their cryptowallet through the blockchain-module and the transaction occurs automatically. LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio5In case the client wants to pay with the accumulated points turned into a cryptocurrency, they can do so with their ID in the loyalty system, or by direct transfer of BioCoins from their own wallet to the sellers. Businesses that have joined the BioCoin blockchain-based loyalty programme can accept not only national currency but also cryptocurrencies, e.g. Bitcoins or others LavkaLavka is already doing that. Upon payment in cryptocurrency, clients also receive a reward in BIO equal to 10 of the amount spent credited to their cryptowallets. The technological solution that enables the acceptance of payments in cryptocurrencies efficiently and legally is part of the BioCoin blockchain-based loyalty programme. BioCoins are accepted without restrictions as payment by businesses that joined the BioCoin blockchain-based loyalty programme, along with the national currency and other cryptocurrencies. After the ICO, the BioCoin cryptocurrency will be listed on cryptocurrency exchanges. All BioCoins to be credited to clients as rewards shall be purchased at cryptocurrency exchanges by businesses that joined the blockchain-based loyalty programme. The amount of BioCoins to be purchased will depend on the turnover growth of each business. Creators of the BioCoin blockchain-based loyalty programme provide free access to all businesses that share the ethical principles of the plat. Our goal is to reach the maximum number of clients using the plat and increase circulation of the BioCoin cryptocurrency. A total of 1 billion BioCoins was released during the emission. No further BioCoinswill be issued. The BioCoin market value will increase naturally as the number of currency users grows, the currency circulation within the plat increases, and the need to purchase it from businesses-participants of the plat at cryptocurrency exchanges grows. The exchange rate of BIO within the blockchain-based loyalty programme will increase in accordance with the currency exchange rate. Each business project that joined the plat will have the right to independently set the internal BioCoin exchange rate, being guided by the current daily exchange rates. 4. Business modelBioCoins key to successBioCoin is a beneficial instrument for investors who buy BioCoin during an ICO, for business-participants of the blockchain-based loyalty programme, for customers who buy farmers organic produce, and, of course, for farmers themselves and eco-producers. LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio6The plat allows businesses to acquire new customers while avoiding discount-based losses, since all BioCoins awarded to customers return to businesses and can be further used at their discretion. Customers get an interesting financial tool, making purchases cheaper and allowing them to earn on the difference of the BIO cryptocurrency exchange rate. Thanks to BioCoin, farmers and small eco-friendly producers acquire a growing customer base from all around the world. Further details We create a replicable system of exchanging fiat money for BioCoins, in which conversion happens automatically at every purchase. Conversion is embedded into the logic of the blockchain-based plat during each purchase there is an automatic transfer of ination about the transaction with the help of each cutomers personal ID to the BioCoin blockchain-module, after which BioCoins are transferred to the customers cryptowallet as a reward for the purchase. Every business that joins the BioCoin loyalty plat has its wallet, to which it initially buys BIO and, instead of virtual points and bonuses, uses them to transfer to customers for concluded purchases. It receives BioCoins back from the customers, when they use them to pay into the business, and the coins go in the same wallet. We equip the plat for the opportunity to make payments not only with real money, but also with cryptocurrencies. This could be Bitcoins or other cryptocurrencies – we are constantly working on adding as many types of cryptocurrencies as possible. Thus, we expand our customer base to holders of other cryptocurrencies, who then receive BioCoins. This plat functions in various countries. At the very outset it will be available in Russia, the USA, Italy, Germany, and Japan. Our loyalty system and BioCoins are beneficial for businesses from all over the world. After all, we offer access to BioCoin blockchain-based loyalty programme free of charge. Businesses receive a working marketing mechanism for communicating with clients. And thanks to the algorithm of redemption and allocation of BioCoins, businesses do not incur discount-based losses. Customers will return all allocated BioCoins back to the business by purchasing goods. If necessary, businesses can sell BioCoins at the exchange or put them into circulation. Let us give an example. A business bought 50 BioCoins for 1 dollar at the exchange in order to credit its customer and then did so. Later on, the customer returned the same 50 BioCoinsto the business. After some time, the price for those 50 BioCoins amounted to 2 dollars. And like that, the business returned and multiplied its costs related to the first discount for the customer. The discount became a separate financial tool bringing profit at the expense of the BioCoin plat. More ination here. LavkaLavla Ltd., 2017. BioCoin BIOCopying any ination without reference to the source https//biocoin.bio is prohibited.https//biocoin.bioE-mail infobiocoin.bio7 Businesses from different countries that share common values get free access to each others audiences. This leads to marketing synergies. In the future, once the plat becomes more developed and the number of participants increases, there will be an opportunity to make international payments in BioCoins between farmers cooperatives and all plat users. We call it a cumulative financial effect.Every client who receives BioCoins as reward points is able toa use the BIO cryptocurrency as means of payment in the network of BioCoin plat participants;b use BIO as an asset whose price is growing. The stock exchange value of BIO will increase as the partner network of the BioCoin plat expands, which is the main goal of the project team. The only way to restock BioCoins for the ever-growing number of customers is to buy them at the exchange. BioCoin is more than just a business. It is more than just an investment. It is an invaluable aid to local farmers and producers, which they are deprived of because of the complexities of the financial and credit systems of states. This is support of the development of organic agriculture around the world and the promotion of sustainable and stable development of the planet and global society. 4.1 How it worksWe issue BioCoin BIO cryptocurrency based on the Peercoin fork derived from Bitcoin. In total 1 billion tokens. During the ICO, 800 million BioCoins will be sold at a price of 1 for 35 BIO a discount programme during PreSale and the first week of ICO is also provided. 140 million BIO will remain in the project team. 20 million BIO have already been put into circulation for testing the BioCoin ecosystem. It is very important to note that farmers are already using BioCoins, which they received for supplying their own p