pv.2BANKING MEETS BLOCKCHAINABSTRACTBlockchain is yet to make a significant breakthrough as a global payment solution. Certain aspects such as technical limitations and a lack of integration have hindered its potential to acquire everyday users and grow beyond the early-adopter phase. Monaize has gained serious momentum building a plat which functions within the legacy-banking infrastructure. However, realising the importance that blockchain technology will play in the future of FinTech, the team at Monaize wishes to stay ahead of the curve and thus is planning a roadmap through which it is able to offer customers blockchain-based services. Our mission is to push the boundaries in innovation through a long-term partnership with the Komodo Plat. Our joint vision is to bridge banking and blockchain, and help cryptocurrencies achieve mainstream adoption.4567810111416151718192021222324262528DisclaimerAbout Komodo Plat Mission statementAbout Monaize Market DynamicsThe ProblemThe solution Monaize’s E-Banking PlatBanking Meets Blockchain Team amp; AdvisorsGateway to BlockchainPartnersMilestonesMedia amp; ConferenceInitial Token SaleKomodo’s White Label Blockchain ServiceGeneral Overview of Initial Token SaleDecentralized Token SaleMonaize Loyalty Rewards and Benefits Allocation of Funds Monaize Token Holder Loyalty Rewards SchemeSummary TABLE OF CONTENTS 4DISCLAIMERTHE INATION PROVIDED IN THIS DOCUMENT IS NOT INTENDED FOR DISTRIBUTION TO, OR USE BY, ANY PERSON OR ENTITY IN THE UNITED STATES OR THE REPUBLIC OF SINGAPORE, OR IN ANY JURISDICTION OR COUNTRY WHERE SUCH DISTRIBUTION OR USE WOULD BE CONTRARY TO ANY LAW OR REGULATION, OR WHICH WOULD SUBJECT MONAIZE SINGAPORE PTE. LTD AND/OR ENTITY CREATING THE MONAIZE MNZ TOKENS INCLUDING THEIR AFFILIATES OR ANY OF THEIR PRODUCTS OR SERVICES TO ANY REGISTRATION, LICENSING OR OTHER AUTHORIZATION REQUIREMENT WITHIN SUCH JURISDICTION OR COUNTRY. YOU ARE ONLY ALLOWED TO PURCHASE MONAIZE MNZ TOKENS IF AND BY BUYING MONAIZE MNZ TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT YOU ARE NEITHER A U.S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, OR A CITIZEN OR A PERMANENT RESIDENT OF THE REPUBLIC OF SINGAPORE, NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES OR SINGAPORE, INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. IN ORDER TO BUY MONAIZE MNZ TOKENS AND BY BUYING MONAIZE MNZ TOKENS YOU COVENANT, REPRESENT, AND WARRANT THAT NONE OF THE OWNERS OF THE COMPANY, OF WHICH YOU ARE AN AUTHORIZED OFFICER, ARE U.S. CITIZEN OR PERMANENT RESIDENT OF THE UNITED STATES, OR A CITIZEN OR A PERMANENT RESIDENT OF THE REPUBLIC OF SINGAPORE NOR DO YOU HAVE A PRIMARY RESIDENCE OR DOMICILE IN THE UNITED STATES, OR THE REPUBLIC OF SINGAPORE INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, AND ANY OTHER POSSESSIONS OF THE UNITED STATES. SHOULD THIS CHANGE AT ANY TIME, YOU SHALL IMMEDIATELY NOTIFY THE CREATOR OF MONAIZE MNZ TOKENS.CREATOR OF MONAIZE MNZ TOKENS SHALL RESERVE THE RIGHT TO REFUSE SELLING MONAIZE MNZ TOKENS TO ANYONE WHO DOES NOT MEET CRITERIA NECESSARY FOR THEIR BUYING, AS SET OUT HEREUNDER AND BY THE APPLICABLE LAW. IN PARTICULAR, THE CREATOR OF MONAIZE MNZ TOKENS MAY REFUSE SELLING MONAIZE MNZ TOKENS TO U.S. CITIZENS, PERMANENT RESIDENTS OF THE UNITED STATES, OR A CITIZEN OR A PERMANENT RESIDENT OF THE REPUBLIC OF SINGAPORE AND THOSE USERS WHO DO NOT MEET ELIGIBILITY CRITERIA ESTABLISHED BY THE CREATOR OF MONAIZE MNZ TOKENS FROM TO TIME IN ITS SOLE DISCRETION.5ABOUT MONAIZEMonaize is a European e-banking plat that provides a mobile-first current account for freelancers and small businesses. Using the latest technology, Monaize is the first plat to provide an instant KYB Know Your Business on-boarding process allowing users to create a business current account in less than five minutes with a smartphone.More than just a current account, Monaize is a plat into which an extensive range of third party services will be integrated including professional insurance, innovative payment solutions, cryptocurrency wallets, crowd lending and factoring; empowering entrepreneurs to focus on their business.Monaize will be expanding its services to the United States, Canada, South Africa, Australia and Malaysia in the coming years.6ABOUT KOMODO PLATKomodo Plat thrives on solving existing socio-economical problems through decentralized technologies and paving the way for a prosperous society.They offer white-label services, a framework for decentralized applications, and various plug and play solutions for both businesses and developers. The plat features range from security and privacy to scalability. They have already made breakthroughs with fiat-pegged assets and blockchain interoperability.Their strength lies in their ability to actively follow the latest trends and investigate what other projects are developing within the blockchain industry. Most recently the team was researching micropayment channels based on Bitcoin’s Lighting Network and looking into ways to provide language agnostic simple as well as smart contracts.7MISSION STATEMENTA digital revolution is currently taking place. This is giving rise to a huge opportunity to change the way we do banking and financial services; providing for a more inclusive and efficient economy. At the forefront of this digital revolution is blockchain, the ingenious technology behind cryptocurrencies like Bitcoin, Ethereum and Komodo, which is set to trans not only the way we transfer money between each other, but all aspects of our everyday lives much like the internet did back in the 1990s. nbsp;The market cap of all cryptocurrencies recently surpassed 150 billion, up from less than 15 billion at the beginning of 2017. Some industry experts are suggesting that this figure could be as high as 5 trillion by 2022. Businesses that embrace this new of money and technology will, in the future, nbsp;possess a huge competitive advantage over their rivals allowing them to transact with anyone in the world quickly with lower costs. COLLABORATIVE, ETHICAL, INNOVATIVE BANKING.Monaize’s spirit is driven by three core values collaboration, ethics and innovation. We believe in empowering entrepreneurs in order to help them improve their business trajectories.Despite the enormous growth in cryptocurrency interest, certain challenges need to be overcome before widespread adoption is made possible. This is why Monaize has built an e-banking application which functions within the current banking infrastructure whilst opening itself up to the blockchain community and sensitizing users, small businesses, to this exciting new technology. We have made it our mission to develop innovative financial products that set small businesses up for entrepreneurial success. 849 million 64 million23 million 26 millionPRIMARY INCOME SUPPLEMENTAL INCOMEPreferred ChoiceFree agents Casual earnersReluctants Financially strapped30401416Independent workers generally fit into four segmentsSource 2016 McKinsey Global Institute survey of nbsp;8,000 US and European respondentsOut of NecessityIn 2016, McKinsey amp; Company published a report stating that there are 162 million independent workers in the United States and Europe. 30 of these people 49 million use independent work as their primary source of income, accounting for more then 1 trillion in total earnings.The freelance workforce is the fastest-growing component of the economy. In today’s economy, more people are creating their own jobs than ever before. Technology, such as the proliferating number of freelance plats and apps like Uber, is also improving access to freelance gigs. Among respondents, 73 said technology has made finding freelance work easier. 66 said the amount of freelance work they had found online increased since 2016.IN THE NEXT 5 YEARS, 60 OF THE GLOBAL WORKFORCE WILL BE MADE UP OF INDEPENDENT WORKERSMARKET DYNAMICS9INSTANT KYBHOLVIDutch onlyLuthanian onlyGermanonlyWallet USonlyREVOLUT N26 TRANSFERWISE SIMPLE MONAIZELOCAL IBANCRYPTOCURRENCY PAYMENTSFACTORINGBLOCKCHAIN BASED CROWD LENDINGBOOK KEEPING amp; INVOICINGFINTECH IS THRIVINGA plethora of neobanks has sprung up in recent years focussing on various different issues from foreign exchange Revolut, Transferwise to providing wallets to the poorly-paid for more inclusive banking Monese. Collectively, these start-ups are raising hundreds of millions of dollars and the major banks are beginning to take notice.In 2014, Spanish banking giant BBVA acquired Simple, an American mobile banking app focussed on helping people budget and save money, for 117 million. In 2016 the same banking giant made another hefty acquisition, this time taking control of Holvi, a Finland-based business-banking app that integrates with tools that help with administrative tasks such as booking keeping and invoicing.Traditional banks are drawn to FinTechs because of the huge value they can provide on the technological innovation front. Having well-known traditional banks on board can be beneficial, notably in order to accelerate growth through increased capital. However, we strongly believe that a fresh mind-set is key to fostering real innovation – something that can sometimes be stifled by the narrow focus and old perance measurement metrics that are inherent in traditional banking culture.The table below illustrates the scope of innovation that Monaize is able to undertake through its agile approach 10Digital marketplaces such as , Toptal, Fivrr and Upwork have transed the way in which freelancer services are sourced around the world. Uber, Deliveroo and Amazon rely on self-employed workers who are able to earn whenever they like, working for whichever company they like, by simply logging in to the associated mobile app.The big banks have not traditionally given attention to freelancers amp; small businesses, due to the complexity of dealing with this wide-ranging and diverse demographic. There is generally a lack of understanding of their needs, which leads to a high cost of acquisition for this type of client. Moreover, freelancers and small businesses are often considered as non-lucrative clients too few transactions, small annual volumes amp; low margins, and are therefore often provided with normal B2C accounts with a higher B2B rate.Certain categories of freelancers those working for sharing economy plats are often rejected from opening an account in traditional banks.THE PROBLEMFREELANCERS AND SMALL BUSINESSES UNDERSERVED BY THE BANKS11A BUSINESS ACCOUNT OPENED IN JUST A FEW MINUTESNo need to dress up in a fancy suit, no in branch meetings, no presentation of business plans to out of touch bank managers. Our users are able to open a business account in 5 minutes from the comfort of their own home or whilst on the move. This has been made possible thanks to the first real-time, completely automated KYB Know Your Business on-boarding process. Users enter personal and company registration ination and then take photos of their ID/passport and proof of address from within the app. This ination is verified and users gain instant access to their business current account within the Monaize mobile application. Monaize is a European e-banking plat which provides a mobile first current account for freelancers and small businesses.LOCAL IBANMONAIZE BUSINESS MASTERCARDFollowing the verification process, users are immediately provided with a local IBAN. With Monaize, entrepreneurs are able to manage their money on the go Monaize users are up and running quickly and their Monaize Business Mastercard is dispatched within 5 working days following account opening.This is a highly efficient process allowing entrepreneurs to quickly start making payments and withdrawing cash at the tens of millions of points of sale and ATMs worldwide that show the Mastercard logo. Money TransfersAccount Balance Consultation Quick View Recent TransactionsMonthly StatementsImmediate Lost or Stolen Card CancellationIn-app Customer Service AI Bot 24/7FEATURESPAYMENT SOLUTIONSmPOS, Email, SMS and others.FINANCECrowd lending, Factoring.12PROFESSIONAL INSURANCEBusiness cover adapted to theneeds of your industry.13MONAIZE PLATKLIK amp; PLAYCRALINKSLEMONWAYWIRECARDPFSBITBONDIZETTLEWAVECRESTSUM UPBITPAYFRANCEUKGERMANYUSA14Blockchain technology is disruptive by nature. As an e-banking plat we need to position ourselves carefully for the transation that is taking place in banking.Monaize has already made real innovation in the banking space. We want to stay ahead of the curve and thus we are planning a roadmap through which we will be able to offer our customers blockchain-based services. We aim to bridge these two worlds and be the first banking service to provide this for our client base. Komodo Plat is our gateway to accomplish this and we have decided to use their white-label service to create a Monaize token. Through the Komodo Plat we are also able to tap into all of the latest blockchain innovations that we will need in future.In addition, Monaize is looking to apply blockchain technology to certain processes that are important to its business.Pegged fiat currenciesScalable payment networksMicropayments through Bitcoin’s Lightning Network concept levelLanguage agnostic smart contracts concept levelOn-chain KV storage blockchain databaseBlockchain interoperabilityPeer to peer payments amongst Monaize clientsTrust-less Proof of Solvency for Business and Business PartnersKnow Your Business KYBContract Placement amp; SignatureSmart and simple contractsBANKING MEETS BLOCKCHAIN15GATEWAY TO BLOCKCHAINThe Komodo Plat is Monaize’s gateway to blockchain technology. The Monaize token will be compatible with Komodo Plat and all technologies built on top of it.KOMODO PLAT Offers privacy, security, scalability and many other features such as KV storage or independent asset chain capabilities. The plat also provides a gateway to stable fiat-pegged currencies and will expand into a modular full smart contract plat.ZCASHIs the first open, permission-less cryptocurrency that can fully protect the privacy of transactions using zero-knowledge cryptography. Monaize token will inherit all of its features through Komodo.AUTOMATIC LOYALTY REWARD DISTRIBUTION An automatic Loyalty Reward Distribution API has been developed to allow simple yet efficient decentralized reward distribution through the blockchain.This API crawls through the blockchain and creates a list with all public keys and their current holdings. In addition the loyalty reward distribution API takes a predefined amount and distributes it accordingly based on the percentage of tokens held to public key holders. This functionality eases the way blockchain-based smart organizations an/p