BITNEY FOUNDATION "The Leading Blockchain Community Platform" - Business Whitepaper
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BITNEY FOUNDATION
“The Leading Blockchain Community Platform”
Business
Whitepaper
3.0
CONTENT
INTRODUCTION
THE WORLD IS TRANSFORMING
THE BITNEY FOUNDATION
BITNEY ECOSYSTEM & BUSINESS MODEL
BNEY TOKENOMICS & PROTOCOLS
- TOKEN & FUND ALLOCATION
- PROOF PROTOCOLS
MILESTONES
CONCLUSION
DISCLAIMER
INTRODUCTION The growth of the Blockchain technology since 2016 and 2017 was the highest in the history of the digital assets since the internet. It was a year of intense growth and the market experienced real breakthroughs in Blockchain technology applications across the a variety of sectors. Companies around the world have been integrating applications using the Blockchain technology. The financial sectors including banks and other payment processing institutions have begun exploring ways to incorporate the technology into their systems to improve efficiency, security, and speed of transactions and information. Other sectors that are adopting the use the revolutionizing technology are the medical industry, the legal industry, government institutions in managing vital data. The skyrocketing prices have brought the global attention to the technology as institutions and companies around the world desire to tap into the benefits of the technology. Extreme high accuracy, proved security and the ability to verify information especially monetary transactions and secure online payments and money transfers are just but a few byproducts of the Blockchain revolution. It is not only the companies that have been reaping the benefits of this technology but also individuals have had a lot to gain as well.
THE WORLD IS
TRANSFORMING
The world is changing the way problems are solved and we have the
Blockchain revolution to thank for the amazing solutions. The technology
has already brought new applications in industries such as finance, supply
chain, trading, and medicine. The public ledger Blockchain, for instance,
Bitcoin and Ethereum are already enabling people and organizations to
transfer monetary value confidently without fear because of the security
and accuracy offered Blockchain. The transfer of funds is also fast in
comparison to the traditional money transfer systems offered by banking
institutions. The technology keeps improving as companies explore
different ways to improve the Blockchain. Cryptocurrencies are the future
of money and are eliminating the traditional electronic money transfer
systems. The future of the world will be intertwined in in the Blockchain
technology. The people should expect solutions to major world problems
from Blockchain and related applications. The growth of the Blockchain
industry and technology will continue into the future.
THE BITNEY FOUNDATION
Established in 2017, the Bitney Foundation is an ecosystem centered
around various communities with independent unique business models
respectively. The entire ecosystem comprises of more than 10
revenue-generating businesses ranging from bee farms & productions to
health & wellness to wholesales & retails to international business and
tourisms.
Bitney is established through a collaborative venture between several
well-established businesses that carries a dedicated vision of creating one
of the top Blockchain Community Platform in ASEAN consisting of more
than 1000 independent communities. In other words, the Bitney Foundation
is dedicated to transform traditional businesses and agencies into a
community-based resource sharing platforms through the integration of
blockchain, smart-contracts and digital technologies.
Bitney provides an ecosystem of products and services through an
easy-to-use interface, connecting every unique community while allowing
full transparency and traceability of transactions, payments, security,
systems, logistics, marketing strategies and resources. With the integration
of Blockchain, powered by Ethereum network, and Digital Technology,
Bitney constitutes to a decentralized application known as Alliance
Marketing Genesis ( A.M.G., in short) which allows every unique business
entity to transform digitally and easily consolidate the cryptography
technology of blockchain and smart contracts.
CONSUMER APPS BUSINESS APPS / ECOSYSTEMS
BLOCKCHAIN
SMART LABELS & TAGS COMMUNITY CONNECTED PRODUCTS
PLATFORM
BITNEY’S FOUR FOUNDATION
Product O2O
Ecosystem
产品O2O生态系统
Utility Token Project & Business
(BNEY) Ecosystem Bitney Ecosystem Development
实用代币(BNEY) Bitney生态系统 项目和业务发展
生态系统
Community
Platform (DoD)
社区平台 (AMG)
PRODUCTS O2O ECOSYSTEM
PROJECTS &
BUSINESS DEVELOPMENT
FlyEvents
Doctrine CVI
of Dreams International
Bitney Mall
BITNEY UTILITY TOKEN
Spending / Transaction Mining 支出/交易挖矿
Backed by tangibles (Products/Commodities) 有形资产支持（产品/商品）
Unique Formula POS+POB System 独特的算法-POS系统
Project BuyBack Contribution for POB POB的项目回购贡献
Accepted widely as payment in ecosystem 被广泛接受为生态系统中支付
New Distributor Program (Master Node) 新的分销商计划（主节点）
BNEY PROOF PROTOCOL BNEY Proof Of Stake The PoS consensus adopted by BNEY may be slightly different from the standard PoS in the market. With the integration of the decentralised platform (AMG), stakers are entitled to participate in the passive mining community for up to 1800 days. BNEY Proof Of Burn Burning Protocol is integrated in the tokenomics of BNEY to prevent over-supply in BNEY token circulation. The PoB here is applied by accumulating 20% of gains from ecosystem to issue a market buyback scheme for BNEY.
BITNEY TOKEN DISTRIBUTION
Total Supply 21,000,000
Token Ticker BNEY
Algorithm Ethereum ERC-20
Consensus 3,690,000 BNEY
Final Circulating Supply POS + POBOUR MILESTONES
OUR STRATEGIC PARTNERS
CONCLUSION It seems that every cryptocurrency has plans for a wallet, plans for expansion, and plans for the future. The difference between the successful cryptocurrencies and the rest is that the successful ones all offered the market something genuinely different. Bitcoin was first. Ethereum was flexible. Ripple was more attractive to corporations. Bitcoin Cash offered lower transaction fees. There also seems to be many cryptocurrencies in the market which do not hold any values regardless of whether they were termed as security or utility tokens, as these cryptocurrencies do not possess any solutions or linked to real technologies, rather, they were mere stories and fairytales. The BNEY in Bitney Foundation holds a strong utility value as it functions as the main intermediary within the Blockchain Community Platform consisting of more than the TEN revenue-generating businesses mentioned as well as the entire strategy revolving around the cryptography of BNEY tokens. With more than a decade of presence and more than 100 networks within the Southeast Asian Region, The Bitney Foundation strives to be the leading Blockchain Community Platform in the ASEAN Region consisting of more than 1000 SMART & UNIQUE business entities & communities.
DISCLAIMER This whitepaper shall not be considered as an invitation to enter into an investment. It does not constitute or relate in any way nor should it be considered as an offering of securities in any jurisdiction. This whitepaper does not include nor contain any information or indication that might be considered as a recommendation or that might be used to base any investment decision. This document does not constitute an offer or an invitation to sell shares, securities or rights belonging to The Bitney Foundation or any related or associated company within the ecosystem. Bitney (BNEY) tokens are just used as utility token which can be used only in the BNEY ecosystem and is not intended to be used as an investment. The offering of BNEY tokens on a trading platform is done in order to allow the use of the Bitney ecosystem and not for speculative purposes. The offering of BNEY tokens on a trading platform is not changing the legal qualification of the token, which remains a simple means for the use of the Bitney ecosystem and is not a security. Bitney is not to be considered as advisor in any legal, tax or financial matters. Any information in this whitepaper is given for general information purpose only, and Bitney does not provide any warranty as to the accuracy and completeness of this information. The use of Bitney services may require the positive conclusion of a AML/KYC identification process. Acquiring BNEY tokens shall not grant any right or influence over Bitney’s organization or any associated company. BNEY is not a proof of ownership or a right of control. It does not grant the controlling individual any asset or share in Bitney Foundation and does not grant any right to participate in control over the management or decision-making set-up.
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