HWG LIVE WHITE PAPER Ho Wah Genting Capital P.L.C
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WHITE PAPER
HWG LIVE
Ho Wah Genting Capital P.L.C
Blockchain Ecosystems
Version 1.2 28th June 2018
Table of Content Disclaimer 01 Introduction 02 Company Background and Core Team 03 HwgX Wallet System 04 HWG Cash : Integrated digital-to-fiat currency on Ethereum blockchain 06 • HWG Cash Technology Stack 07 • Flow of Funds Process 08 Entertainment, Travel and More 09 HWG LIVE Token Placement Prospectus 11 • Why a Token Placement? 12 • General Token Placement Overview 12 HWG LIVE Token Placement Summary 14 • HWG LIVE Token Placement Timeline 15 Funding Breakdown 16 HWG LIVE Token Placement Procedure 17 Conclusion 17 BLOCKCHAIN ECOSYSTEMS
IMPORTANT NOTICE
PLEASE READ THIS SECTION AND THE FOLLOWING SECTIONS ENTITLED “DISCLAIMER
OF LIABILITY”, “NO REPRESENTATIONS AND WARRANTIES”, “REPRESENTATIONS AND
WARRANTIES BY YOU”, “CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS”,
“MARKET AND INDUSTRY INFORMATION AND NO CONSENT OF OTHER PERSONS”, “NO
ADIVE”, “NO FURTHER INFORMATION OR UPDATE”, “RESTRICTIONS ON DISTRIBUTION
AND DISSEMINATION”, “NO OFFER OF SECURITIES OR REGISTRATION” AND “RISKS AND
UNCERTAINTIES” CAREFULLY
IF YOU ARE IN ANY DOUBT AS TO THE ACTION YOU SHOULD TAKE, YOU SHOULD CONSULT
YOUR LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S).
The HWG LIVE tokens are not intended to constitute securities in any jurisdiction. This Whitepaper
does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer
of securities or a solicitation for investment in securities in any jurisdiction.
This Whitepaper does not constitute or form part of any opinion on any advice to sell, or any solicitation
of any offer by the distributor/vendor of the HWG LIVE tokens (the “Distributors”) to purchase any
HWG LIVE tokens nor shall it or any part of it nor the fact of its presentation form the basis of, or relied
upon in connection with, any contract or investment decision.
The Distributor will be an affiliate of HWGG Capital P.L.C and will deploy all the proceeds of the sale of
the HWG LIVE tokens to fund the HWG LIVE’s cryptocurrency project, business and operations.
No person is bound to enter into any contract or legal commitment in relation to the sale and purchase
of the HWG LIVE tokens and no cryptocurrency or other form of payment is to be accepted on the basis
of this Whitepaper.
Any agreement as between the Distributor and you as a purchaser, and in relation to any sale and
purchase, of HWG LIVE tokens (as referred to in this Whitepaper) is to be governed by only a separate
document setting out the terms and conditions (the “T&Cs”) of such agreement. In the event of any
inconsistencies between the T&Cs and this whitepaper, the former shall prevail.
01
BLOCKCHAIN ECOSYSTEMS
HWGG Capital P.L.C
“Spendable blockchain assets at the tips of your finger”
Introduction
HWGG Capital P.L.C’s vision is to have assets on blockchain be not only available to industry insiders,
but rather something that can be used by any individual in the “real world”.
Additionally, with the emergence of more and more different tokens, a growing number of users and
businesses truly struggle to leverage on the existing infrastructure to make this interconnectedness of
physical and virtual platforms become a reality.
At HWGG Capital P.L.C’s, we strive to offer the user access to as large as possible a range of blockchain
assets at a maximum degree of convenience, while adhering to the highest security standards in the
ecosystem.
We are able to do this by integrating the blockchain technologies, introducing HWG Cash Tokens, a
wallet payment app, leveraging on our network of online/offline businesses, remittance/currency
exchange providers and digital currency exchange platforms to form a solid, worldwide, instantaneous
and low-cost manner blockchain ecosystem.
To the end-user, we offer the HwgX app, a blockchain payment system which wallet system that can be
funded not only with blockchain assets such as Ethereum (ETH) and HWG Cash as currently possible,
but also with virtually any blockchain asset in time to come.
Moreover, users and businesses can exchange their blockchain assets seamlessly from one user to
another in a lightning fast, secure and decentralized manner, removing any risk that is usually associated
with centralized solutions.
Aside from that, our company will be introducing a stable fiat-pegged blockchain asset which we believe
is the solution to the current barrier of blockchain assets adoption in the market. The main point that we
are addressing here is the inability to do blockchain assets settlement quickly and safely due market
risks such as high volatility in pricing and unstable liquidity.
02
BLOCKCHAIN ECOSYSTEMS
Company Background
HWGG Capital P.L.C is founded in mid 2017, based in Federal Territory of Labuan, Malaysia. One of the
reason we chose Federal Territory of Labuan as the base for the company is due to:
• Malaysia is one of fastest developing nation in the world.
• The Bank Negara of Malaysia is, in our view, open to the development of new blockchain solution
providers in the fintech industry.
• Labuan Financial Services Authority provides relevant licenses and approvals for the conduct of
cryptocurrencies projects.
• Southeast Asia is a market with huge growth potential.
• Federal Territory of Labuan welcomes businesses with international market exposure.
Advisor
Dato Lim Hui Boon
Dato Lim Hui Boon is the Group President of Ho Wah Genting Group of
Companies, Vitaxel Group (USA) Limited and Vspark Group. He has more than
hospitality, property, resorts, travel and tours, manufacturing and fintech. He
serves as the main advisor to HWGG Capital P.L.C in dealing with corporate
exercises, strategies and financial aspects of the company's operation.
Core Team Member
Gavin Lim Chun Hoo Chief Executive Officer
BA(Hons) in Finance and Investment Management. Prior to joining the group in
2015, he started his career as a finance executive in a cable manufacturing
company for 3 years before joining Public Bank Berhad as a stock broker. He is
currently the CEO of Ho Wah Genting Group (USA) Limited. He is the key force
in driving the company's blockchain projects overseeing the operation,
development and marketing.
Yoshikazu Nishimura Chief Technology Officer
B.S. in Mathematics & M.S. in Computational Molecular Biology. Started career as
a database consultant Oracle. Won the Best Innovation Award at Global
Blockchain Summit 2016 in Shanghai. Published "Blockchain Application for
Beginners - Smart Contract Development on Ethereum" (SHOEISHA in 2017) .
He serves as the chief technology officer of the company overseeing the
blockchain ecosystems development including HwgX Wallet.
03
BLOCKCHAIN ECOSYSTEMS
HWG
The HwgX Wallet
The HwgX Wallet is an initiative from HWGGC
to introduce blockchain assets spending through
users’ smartphone. Paired with the company’s
own utility blockchain asset, HWG Cash, it is our
vision to bring blockchain assets spending into
the mainstream and be accessible to the public.
The first version of HwgX will focus on storage
and transferability with additional function to be
updated later in the project roadmap.
More
Blockchain
Assets
We aim to launch the HwgX app, downloadable
for iOS and Android devices for free, from
August to September 2018 (with the specific
launch dates being subject to achievement of
the relevant milestones). Once the user has
downloaded the HwgX app, he/she can set up an
account by only entering his/her preferred
password. Smooth, simple, and safe.
04
BLOCKCHAIN ECOSYSTEMS
A multi-cryptocurrency wallet will be created automatically, which the users can instantly fund in using
Ethereum (ETH), HWG Cash (HWGC) and any other ERC-20 Compliant tokens. The private key to each
HwgX Wallet is generated and attached to users’ mobile phones, thereby allowing users to store their
own private keys for enhanced security purposes.
The HwgX wallet is created for storing and usage of cryptocurrencies only and does not hold any fiat
currencies at the moment. However, it is in the pipeline of our HWG LIVE project that we will enable
users to convert their cryptocurrencies to fiat currency upon securing the appropriate partners.
Further, the user can conveniently convert a range of blockchain assets such as Ethereum, HWG Cash
and HWG LIVE from one to another by simply using the HwgX Wallet.
05
BLOCKCHAIN ECOSYSTEMS
HWG Cash
HWG Cash: Integrated digital-to-fiat currency on Ethereum
blockchain
A digital token backed by asset provides individuals and organizations with a robust, secure and
decentralized method of exchanging value while using a familiar accounting unit. Common reasons for
the limited mainstream use of blockchain assets are the lack of knowledge of the technology, insufficient
ease-of-use for non-technical users, and volatile fluctuation in pricing, making it almost impossible to be
used for instant settlements.
While HwgX Wallet is designed with ease of use in mind, HWG Cash is leveraging on the Ethereum
blockchain technology, to transact in familiar, less volatile manner. All HWG Cash tokens are ERC-20
Compliant, issued on the Ethereum decentralized smart contract platform so they exist as a smart
contract token. Each HWG Cash unit issued into circulation is backed in a one-to-one ratio (ie. One
HWGC : One USD) by the corresponding fiat currency unit held in deposit by our licensed entity HWGG
Capital P.L.C.
Our implementation has the following advantages for our users:
• HWG Cash is an ERC20 Compliant token that is built on the Ethereum blockchain, a popular
decentralized platform that runs smart contracts: applications that run exactly as programmed
without any possibility of downtime, censorship, fraud or third-party interference.
• HWG Cash can be used just like other cryptocurrencies like Bitcoin and Ethereum, ie. In a p2p,
pseudo-anonymous, decentralized, cryptographically secure environment.
• HWG Cash can be integrated with merchants, exchanges and ERC-20 Compliant wallets.
• Assets exchanged for HWG Cash are held by HWGG Capital P.L.C, a regulated entity under
the Labuan Financial Services Authority, licensed for fiat/cryptocurrency broking and issuance
of credit token.
• HWG Cash’s one-to-one backing implementation is easier for non-technical users to understand
as opposed to collateralization techniques or derivative strategies.
• HWG Cash can be easily utilized by users and implemented by merchants/vendors to facilitate
payment settlements without having to bear the volatility of price fluctuation.
• HWG Cash provides liquidity for blockchain asset users in the Asia region.
Users can purchase HWG Cash from HWGG Capital P.L.C directly (issuance through our mobile app) or
from supported exchanges such as VHCEx who supports HWG Cash as a deposit and withdrawal
method. Users can also transact and store HWG Cash with any ERC-20 Compliant enabled wallet like
HwgX. Exchanges, wallets, merchants and vendors are encouraged to reach out to us about integrating
HWG Cash as a payment solution.
06
BLOCKCHAIN ECOSYSTEMS
HWG Cash Technology Stack
Ethereum Blockchain Layer 1
HwgX Wallet Layer 2
Decentralized Peer-to-peer HWGC
Other
Blockchain Transfer and Circulation
Features
Wallet Storage Records
HWGG Capital P.L.C Layer 3
Licensed Integration HWGC on Other
Entity with Merchants Exchanges Services
Money
Custody of HWGC to
broking for
Funds Wallet
Cryptocurrencies
Here is review of each layer.
1) The first layer is the Ethereum decentralized smart contract. The HWGC transactional ledger is
embedded in the Ethereum blockchain as meta-data, with its nodes storing the most recent state
of each smart contract
2) The second layer is the HwgX Wallet. HwgX wallet implements a foundational technology that can:
• Decentralized blockchain wallet with private key stored in users’ devices for personal securities.
• Track and report the circulation of HWG Cash via HwgX transaction history and in the Ethereum
network via https://etherscan.io
• Enable users to transact and store HWG Cash and other blockchain assets in a:
-2P, pseudo-anonymouse, cryptographically secure environment.
-Multi-signature
3) The third layer is HWGG Capital P.L.C’s compliance to Labuan Financial Services Authority’s
regulation and guideline for:
• Accepting fiat deposits and issuing the corresponding credit token: HWG Cash
• Sending fiat withdrawals and revoking the corresponding credit token: HWG Cash
• Grant (creat) and revoke (destroy) digital tokens represented as meta-data embedded in the
Ethereum blockchain; in this case, asset backed digital tokens, HWG Cash.
• Custody of the fiat reserves that back all HWG Cash in circulation
• Initiating and managing integration with existing blockchain wallets, exchanges and merchants
(including currency exchanger and remittance providers)
07
BLOCKCHAIN ECOSYSTEMS
Flow of Funds Process
There are five steps in the business process flow of HWG Cash, best illustrated via a diagram.
3
HWG Cash HWG Cash
Sent Sent
HwgX HwgX HwgX
User User Merchant
2 4
HWG Cash
HWG Cash
Redeemed
Issued
HWGG Capital
P.L.C.
1 5
Fiat Fiat
In Out
Step 1 - User deposits fiat currency to HWGG Step 3 - Users transact with HWG Cash. The
Capital P.L.C’s bank account. users can transfer, exchange and store
HWG Cash via HwgX app or any ERC-20
Step 2 - HWG Cash will be generated and credits compliant wallet.
to the user’s HwgX wallet. HWG Cash
circulating supply increases. Amount of Step 4 - The user deposits HWG Cash with
fiat currency deposited by user = amount HWGG Capital P.L.C for redemption
of HWG Cash issued to user (ie. USD into fiat currency.
10,000 deposited = HWG Cash 10,000
issued) Step 5 - HWGG Capital P.L.C sends fiat currency
to the user’s bank account.
The Flow of Funds diagram illustrates that HWGG Capital P.L.C is the only party who can issue HWG Cash
into circulation (create) and take them out of circulation (destroy) to ensure system solvency is
maintained.
08
BLOCKCHAIN ECOSYSTEMSEntertainment, Travel,
Rewards and More
HWGG Capital P.L.C is a part of the Ho Wah Genting Group of companies. Our group’s experience and
foundation were built from the travel and entertainment industry itself, catering to end market users
with different needs and wants ranging from budget to luxurious tailored program.
For many years we have been offering exclusive travel products, entertainment packages and rewarding
membership programs to the mass market. With increased competition in the travel and entertainment
industries, we believe innovation and adaption to new technologies are essential to keep our business
ahead of the tide.
Exciting Travel Destinations
With the launch of HwgX Wallet app and introducing our fiat-pegged HWG Cash tokens, we are in the
right path to incorporate the world of travel and entertainment with fintech for the benefit and
convenience of end-users.
Being a travel agency and junket operator ourselves, the company and associated partners will enable
the acceptance of HWG Cash as payment solution for all our products and services at launch. Users will
be able to utilize HWG Cash to transact for purchasing of tailor-made travel packages or even for
entertainment services provided by our partnering entities such as the Resorts World Manila,
Starcruises, Genting Dream and many more!
09
BLOCKCHAIN ECOSYSTEMSIn line with our project roadmap, we will be launching a merchant payment system into the HwgX
ecosystem to provide users with more option and avenue of spending their blockchain assets aside from
travel and entertainment. Online and offline business would be able to use HwgX as a platform for
blockchain assets payment settlement to further expand their business without having to worry about
market risks such as price fluctuation and liquidity.
PAYMENT
COMPLETE
Merchant display Scans merchant Both merchant and
his wallet QR code QR code and sends user receive payment
address. user amount. confirmation.
HwgX QR Code Payment Process.
On top of that, our HWG Cash tokens can be used as paired cryptocurrencies for exchanges. Exchange
operators understand that accepting fiat deposits and withdrawals using legacy financial systems can be
complicated, risky, slow, and expensive.
By offering HWG Cash, an exchange can relieve themselves of the above complications and gain
additional benefits, such as:
• Accept HWG Cash as deposit/withdrawal/storage method rather than using a legacy bank or
payment provider
• Allows users to move fiat in and out of exchange more freely, quickly, cheaply
• Outsource fiat custodial risk to HWGG Capital P.L.C
• Easily add HWG Cash as trading pairs to the platform
• Secure customer assets purely through accepted crypto¬processes
• Multi¬signature security, cold and hot wallets, HD wallets, etc
• Conduct audits easier and more securely in a purely crypto environment
Exchange users know how risky it can be to hold fiat currencies on an exchange. With the growing
number of insolvency events it can be quite dangerous. As mentioned previously, we believe that using
HWG Cash exposes exchange users to less counterparty risk than continually holding fiat on exchanges.
10
BLOCKCHAIN ECOSYSTEMSHWG LIVE Token
Placement Prospectus
What is a Token Placement?
A Token Placement is an event in which a new cryptocurrency project place part of its cryptocurrency
tokens to early adopters and enthusiasts in exchange for funding. For the party offering the token for
placement, this has become a new and modern way to raise capital to upscale and existing product or
services.
The placement by the Distributor of HWG LIVE tokens in connection with a token placement to you
as a subscriber thereof, will be subject to and governed by the T&Cs – which is a separate document
setting out the terms and conditions of the agreement as between the Distributor and you in relation
to the HWG LIVE Token Placement. In the event of any inconsistencies between the T&Cs and this
Whitepaper, the former shall prevail.
The Distributor will be an affiliate of HWG Group and will deploy all the proceeds of placement of
HWG LIVE Tokens in connection with the HWG LIVE Token Placement to fund Ho Wah Genting
Group’s cryptocurrency project, business and operation.
Unless the context requires otherwise, references to “we” or “us” in connection with the HWG LIVE
Token Placement shall be construed as reference to the distributor.
The HWG LIVE Token Placement is hereby announced on:
1st of July 2018
10AM Malaysia Time
Official Website
www.hwglive.tech
11
BLOCKCHAIN ECOSYSTEMSWhy a Token Placement?
HWGG Capital P.L.C strive to be the main driving force for commercialization of blockchain technology
into day-to-day life of users and merchants. To achieve that, we would have to recruit additional
developers, marketing personnel, a legal team, designers and many other talents that will require
additional funds. Offering a token placement instead of a traditional corporate exercise enables the
community to participate in HWG LIVE’s success story, rather than limiting it to a small, selected
number of investors. Furthermore, by issuing additional bonus of HWG Cash tokens for initial
subscribers, they will benefit from HwgX’s future success. An Initial Token Sale is fast, transparent and
efficient.
General Token Placement Overview
On 1st of July 2018, we will offer up to total of 30% of all HWG LIVE tokens to be subscribed by
interested parties in the HWG LIVE Token Placement under the ticker symbol HWG LIVE with the initial
10% to be offered. A further 10% of the tokens will be offered on 1st of August 2018 and 1st of
September 2018 respectively, with different bonus entitlement to HWG Cash tokens. On top of that,
10% of HWG LIVE tokens will be allocated to the HWG LIVE associates consisting of founders,
employees, developers, designers and partners as an incentive to ensure long term alignment of
direction and commitment to the HWGG cryptocurrency projects and their future value. Further details
of the distribution of tokens are set out below. The remaining tokens (60%) will be reserved specially for
the purpose of conversion only of HWG Cash owners/users.
Each HWG LIVE token will be sold for USD 1.00 each with a minimum purchase amount of 100 HWG
LIVE tokens per transaction.
We will accept a maximum (fixed limit) of USD 30,000,000 for placement of HWG LIVE tokens in the
HWG LIVE Token Placement. The HWG LIVE tokens created for such maximum amount contributed
will in turn represents 30% of all HWG LIVE tokens. Should this amount be reached before the end of
sale on 30th September 2018, which is 12 weeks after the token placement commencement date, we will
cut off the placement.
In the case of an amount of contribution falling below such maximum amount, the percentage of 30% of
all tokens will be adjusted accordingly, with the difference between such lower amount and the
maximum being reserved for future token placement.
Placement subscribers of HWG LIVE tokens will be entitled to bonus up to 20% worth of HWG Cash,
which is spendable through our HwgX app. In effort to promote and reward loyalty of the placement
subscribers of HWG LIVE tokens for the holding period of 24 months (trade restricted), the company is
offering subscribers a holding premium of 5% per annum of the amount subscribed. This is only
applicable to initial subscribers. Subsequent holders are not entitled to the holding premium. The
payment will be paid in HWG Cash (HWGC), or the closest equivalent thereof in the case where HWGC
is replaced by another cryptocurrency in the future. This premium incentive for initial subscribers of
HWG LIVE will greatly benefit all HWG LIVE holders as the it helps create price support and stability.
12
BLOCKCHAIN ECOSYSTEMSProject Roadmaps
November 2018
September 2018 Proposed Listing
End of Token Date of HWG Live
July 2018 Placement on Exchanges
Token
Placement
JUL AUG SEP OCT NOV DEC
August 2018
Launch of December 2018
HwgX app October 2018
Intergration
(iOS/Android) HwgX Merchant
with Virtual
System Operation.
Currencies
Exchanges
Go-to Market Strategy
• Roadshows
• Influences
Ecosystem • Press and Publication
• Education
• Social Media Marketing
Public • Traditional News Outlet
• Cryptocurrency • Remittance
Exchanges Service Providers
Partnerships • Financial Institution • Social Gaming
• Online/Offline Companies
Businesses
13
BLOCKCHAIN ECOSYSTEMSHWG LIVE Token Placement Summary
HWG LIVE’s vision is to introduce and promote
Project Description the commercial value of blockchain technology
to day-to-day life.
TICKER SYMBOL HWGL
The HwgX Wallet is a lightning fast multi-asset
HwgX Wallet Description cryptocurrency wallet supporting all ERC-20
compliant tokens.
HWG Cash is an ERC-20 Compliant token built
HWG Cash for the purpose of quick and safe settlement
within the merchant system.
HWG LIVE is built as an ERC-20 token on the
Token Background
Ethereum smart contract blockchain
Start Date 1st of July 2018
End Date 30th of September 2018
Initial Token Placement Price 1 HWG LIVE token equals 1 United States Dollar
Minimum Quantity 100 HWG LIVE tokens
Total Percentage of all HWG LIVE tokens
30%
for placement, through 3 offering
a) 1st of Jul – 30th Jul, 2018 20% HWG Cash Bonus
b) 1st of Aug – 31st Aug, 2018 10% HWG Cash Bonus
c) 1st of Sept – 30th Sept, 2018 5% HWG Cash Bonus
Total Token Placement Amount 30,000,000 HWG LIVE
Holding Period 12 months (Trade Restricted)
Premium of 5% of the token purchase amount
Holding Premium
up to maximum of 2 years
Fiat (United States Dollar), Bitcoin (BTC) and
Accepted Form of Payments Ethereum (ETH) (for other form of payments,
kindly contact us at info@hwglive.tech)
14
BLOCKCHAIN ECOSYSTEMSHWG LIVE Token Placement Timeline
Commencement of 1st July 2018
HWG Live Token Placement
First 30 Days Bonus 20% of HWG Cash
Next 30 Days Bonus 10% of HWG Cash
Last 30 Days Bonus 5% of HWG Cash
End of HWG Live Token Placement 30th September 2018
5 working days after the end of the HWG Live
Distribution of HWG Live Tokens
Token Placement
Planned listing to exchanges in the last quarter
Commencement of Trading
of 2018
15
BLOCKCHAIN ECOSYSTEMSFunding Breakdown
As mentioned earlier, the funds raised through the Token Placement will be used to fund the
development of the group’s cryptocurrency project. It is important for the HWG Live community
understands how these funds will be allocated. The pie-chart illustrates the fund allocation:
Funds Allocation
Other
Legal
10% Development
(Product/System)
10%
Admin and
Operation
10%
40%
30%
Sales and
Marketing
• Development (Product/System): The largest portion of the funds raised will be allocated towards
recruiting talents and working with other companies to further develop the product and system
to enhance security, usability and efficiency in order to seamlessly introduce the blockchain
technology into the mainstream adaption.
• Sales and Marketing: In order for the products achieve its full commercial potential, we must spend on
education and marketing to gain exposure to the technology. The 2nd largest portion of the funds will
be spent on recruiting the best marketing experts to drive this project onwards with effective, lean,
and cost-efficient marketing efforts.
• Admin and Operation: The group intend to run a very lean, cost-effective team while adhering to the
highest standard. We aim to be the main driving force to introduce these technologies and products
to not only the local but also international market, there will be operational costs associated with
accounting and administrative overheads to take care of the business processes.
• Legal: One of our primary focuses was to establish a solid legal foundation for HWG Live and its products.
We have our in-house legal and compliance in order to be in line with our operating countries’ requirement
to further raise awareness for this one-of-a-kind technology.
• Others: A small portion of the funds will be allocated for miscellaneous cost and also act as an
emergency fund pool.
16
BLOCKCHAIN ECOSYSTEMSHWG LIVE Token Placement Procedure
To participate in the HWG LIVE token placement, we accept the following currencies:
• United States Dollar (USD)
• Bitcoin (BTC)
• Ethereum
• Others (for other form of payment, kindly contact us at info@hwglive.tech)
All payments received for HWG Live tokens in connection with the HWG Live Token Placement will be
sent to the designated account of HWGG Capital P.L.C. which is registered and governed by the Labuan
Financial Services Authority to conduct money broking activities for approved cryptocurrencies.
The tokens will be delivered to the purchasers through our HwgX Wallet after the purchase.
Transferability will start from the first day of distribution, which is planned to start anytime in July 2018.
Conclusion
We at HWGG Capital P.L.C believe that the blockchain technologies and cryptocurrencies payments are
the right direction into the future. In order to make this viable, we aim to connect the blockchains in the
background and offer the user an easy-to-use interface so he has instant access to any of user’s
blockchain assets at maximum convenience.
With HWG Live Token Placement to be offered, a wide range of individuals will have the opportunity to
participate in our long-term growth and success story to fundamentally change the world of payments,
transactions, travel and entertainment.
Our grand vision is for any assets on any blockchain, be it real estate, gold or cryptocurrency, to be as
spendable as a $100 bill in your pocket.
Be part of our journey and join the HWG Live Token Placement. We are looking forward to welcoming
you on-board.
17
BLOCKCHAIN ECOSYSTEMSCONTACT US www.hwglive.tech +603-2148 2288 Wisma Ho Wah Genting, 35, Jalan Maharajalela, 50150 Kuala Lumpur.
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