SPIRIT Blockchain - A Balanced Proxy for the Blockchain Ecosystem - COMPANY PRESENTATION
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SPIRIT Blockchain – A Balanced Proxy for the Blockchain Ecosystem COMPANY PRESENTATION May 2019
CORPORATE OVERVIEW
SPIRIT Blockchain Capital Inc, (“SPIRIT Blockchain”) is a Canadian-Swiss based Financial Services Company
providing traditional investors exposure to Digital Assets and the Blockchain Ecosystem.
│ Through strategic Canadian partnerships SPIRIT Blockchain will mine a diversified collection of multi algorithm
blockchains, including Bitcoin, Bitcoin Cash, Ethereum & Zcash.
│ SPIRIT Blockchain manages a macro book of crypto currencies and digital assets and intends to invest in
Private Equity, Venture and Public Companies in the Blockchain Ecosystem.
│ As the sector expands SPIRIT Blockchain intends to license specific blockchain technologies and help deliver
integrated business solutions to clients.
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© 2019 www.spiritblockchain.com
WHAT IS BLOCKCHAIN?
A distributed ledger to account for everything…
Blockchain is a vast, global, The birth of Bitcoin has paved Thousands of
distributed ledger or database the way for the creation of a new Cryptocurrencies
running on millions of devices and asset class - Cryptocurrencies or
open to anyone, where not just Blockchain-based tokens.
Trading 24/7 in
information, but anything of value
This new asset class is as of today 7000 online
– money, titles, deeds, identities, composed of thousands of exchanges
even votes, can be moved, stored, cryptocurrencies (tokens) with a
and managed securely and valuation in excess of $200bn.
privately. Combined Market
All forecasts place its evolution in Cap
Bitcoin’s decentralised consensus the trillions of dollars in the years >$200bn
proof of work and its use of to come, effectively re-inventing
Blockchain technology is one of money. The internet of value.
the most important technology
innovation of the 21st Century.
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© 2019 www.spiritblockchain.com
COMPANY STRUCTURE & STRATEGY
SPIRIT Mining SPIRIT Portfolio Management SPIRIT Technology
Blockchain Mining in Canada Managing a macro book of crypto Licensing and delivering
through strategic partnerships and currencies and digital assets as blockchain technology and
royalty agreements. well as investing in Private applications to Enterprise and
- Mining of multiple profitable algorithms Equity, Venture and Public Government clients. Currently
on diversified partner hardware and companies in the Blockchain partnered with vendors to
platforms. ecosystem. provide:
- Existing partnerships & contracts for - A diversified portfolio ranging from - Supply chain management
scalable low cost power and hosting. large cap coins to smaller less solutions.
known projects. - Blockchain transaction oversight for
- Low Power Costs and in CAD$.
- Experienced Blockchain & Venture government and enterprise.
- Reliable miner hardware supply chain. Capital Investment Team. - Financial services, auditing and
- Mining in a low ambient temperatures - Participation in Initial Coin Offerings compliance.
and legally stable jurisdiction. and private seed rounds.
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© 2019 www.spiritblockchain.comSPIRIT MINING
Das Bild kann nicht
Partnered with a Canadian mining company who is currently
Cryptocurrency Mining
angezeigt werden. Dieser
Computer verfügt
möglicherweise über zu
wenig Arbeitsspeicher,
mining an assortment of blockchain algorithms.
um das Bild zu öffnen,
Reducing volatility and increasing
oder das Bild ist
beschädigt. Starten Sie
den Computer neu, und
öffnen Sie dann erneut die
Datei. Wenn weiterhin das
rote x angezeigt wird,
müssen Sie das Bild long term profits The combination of low power costs, quality operations and
möglicherweise löschen
und dann erneut
reduced mining hardware costs have allowed our partner to stay
profitable even in the down crypto currency market. Even without
an increase in market prices they expect to further improve with
the next phase of expansion.
Upon completion of the next round of financing the Strategy is to
expand mining investment considerably and maximize on the
current market conditions.
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© 2019 www.spiritblockchain.comTARGET MINING ALGORITHMS
MACHINE BREAKDOWN
Spirit’s mining allocation and their associated algorithms.
Ethereum (CAD$260.36)
Zcash (CAD$86.85) Foundational platform for next
Horizen (CAD$17.38)
18% generation decentralized
applications and the STO/ICO
Equihash security coins
32% ecosystem.
that allow for private
transactions & applications.
Bitcoin (CAD$9’931.19)
50% The first decentralized
digital currency with
predictable profit margins
and diverse mining
equipment manufacturers.
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© 2019 www.spiritblockchain.comSPIRIT PORTFOLIO MANAGEMENT
Overview
• Spirit Blockchain invests & manages a macro book of crypto currencies and digital assets as well as invests in Private Equity, Venture and Public
Companies in the Blockchain ecosystem.
• The Spirit Blockchain investment team, led by Leonard Trigg has a strong track record of identifying and investing in traditional and digital assets as
well as leveraging exposure to upcoming Blockchain projects and companies in both Canada and Zug (Crypto Valley), Switzerland.
• To keep assets secure Spirt Blockchain utilizes industry leading digital asset custody, hardware wallets and compliance controls.
Planned Portfolio Current Portfolio Composition
Platform Coins: 31% Bitcoin: 30%
(Ether, EOS, Cardano, NEO)
• Store of value
• Most Development Activity • Largest Market Cap Ether
• Foundation of next generation • Active Development 18.00%
decentralized applications Community
• Higher Volatility/Returns • Lower Volatility
Bitcoin
Ventures / Public Companies Additional Coins: 39% 74.00% Bitcoin Cash
• 2 equity positions in industry leading • Privacy & Security Coins (Zcash) 5.00%
Blockchain Mining & Development • MasterNodes (Horizen)
companies. • FinTech, Consumer & Business Ripple XRP
• Trading at or near balance sheet net Application Coins (BAT, BNB, 3.00%
cash per share. REP, HYDRO)
• Pipeline of investment targets currently
undergoing due diligence.
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© 2019 www.spiritblockchain.comBLOCKCHAIN ECOSYSTEM
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*Created by Daniel Frumkin, InvestInBlockChain © 2019 www.spiritblockchain.comSPIRIT PORTFOLIO MANAGEMENT - MASTERNODES
What is a masternode?
Masternodes are a feature of newer generation cryptocurrencies, whereby those with holdings meeting a
minimum requirement (e.g. 1000 DASH) are able to commit those funds to perform work for the network, verifying
transactions, in return for regular rewards.
They are a series of servers that underpin a blockchain’s network and are responsible for processing specific functions,
such as creating block and ledger records, increasing transactional privacy, enabling a decentralized governance
system, and more.
Masternodes were first introduced by Dash in 2015. Dash is an open source peer-to-peer transaction coin. Dash is the
most established cryptocurrency with functioning masternodes, with a market cap of ~$1.6bn.
Spirit Blockchain currently owns and operates Horizen Securenode (ZEN-42) nodes. With planned expansion in 2019.
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© 2019 www.spiritblockchain.comVALUE PROPOSITION FOR INVESTORS – TEAM CAPABILITIES
Exposure to a Mining multiple
professionally created algorithms/coins to
portfolio of maximize ROI and
Blockchain Assets Management Team stabilize returns
Background
v
Mathematics
Engineering Investment Team with
Safe Custody of Financial Services
Assets in Switzerland Investment Management
a solid track record in
Technology Blockchain Mining &
Investment
Bridging the Gap between Capital Markets, Blockchain
& Digital Assets
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© 2019 www.spiritblockchain.comBOARD OF DIRECTORS
ERICH PERROULAZ RAYMOND O’NEILL
Chairman & CEO Director
Erich Perroulaz is a Swiss entrepreneur focusing on Raymond O’Neill has worked since 1987 in the Asset
decentralized financial business and life systems. Management Industry. He has held senior positions
He serves as Chairman for Essential Rich Group with HSBC (Bank of Bermuda) and State Street
AG, a Swiss based Investment Company (Investors Bank) in their fund administration and global
specializing in advising and investing in alternative custody divisions and worked for a family office.
life- and business systems, and for Angelmountain
Global Wealth AG, the Swiss based alternative Raymond also ran the financial services group for
Investing Network. Grant Thornton (RSM UK) and in 2005 founded and was
CEO of Kinetic Partners, the boutique global
With over thirty years’ experience in the professional services firm. Since 2014 Mr. O’Neill has
international investment industry his previous acted as a non-executive director to investment funds,
positions include heading the representative office other regulated entities, fintech and insurance
Switzerland for Hansberger Global Investors from companies. During his career he has worked in London,
1998 until 2010 as well as holding different Boston, Dublin and Bermuda. His area of expertise
positions for international investment banks from covers operations, compliance, finance and
1988 until 1997. governance and Mr. O’Neill is a FCCA, a CFA and holds
a Dip from the Institute of Directors.
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© 2019 www.spiritblockchain.comMANAGEMENT TEAM
LEONARD TRIGG STEPHEN BROHMAN
CIO & Advisory Board Chairman CFO
Leonard Trigg joined the technology sector in Stephen Brohman has over 10 years of working experience
1995 and has a background in financial in a variety of roles with public companies and has become
services, operations, corporate finance and experienced in corporate finance, project acquisition,
information technology. executive management, corporate communications,
corporate branding, shareholder relations and investor lead
Leonard currently serves in a management or generation.
advisory capacity to firms in the alternative
asset management, blockchain, power Mr. Brohman has also extensive experience in the audit of
generation and private equity sectors. In 2015 publicly traded companies on the TSX, TSX Venture
Leonard began actively investing and Exchange and OTC markets, and has worked with mining
participating in the blockchain sector. and exploration, oil and gas, real estate investment, and
Specifically, crypto currency mining, equity & merchant banking companies during his time in public
digital asset investing, token development and practice. Mr. Brohman serves as Chief Financial Officer
regulatory compliance. Leonard is a citizen of and/or director of various publicly traded companies, Mr.
the United Kingdom and Canada and currently Brohman has obtained a Bachelor of Business
resides with his family in Vancouver, Canada. Administration degree and obtained his CPA, CA (Chartered
Professional Accountant) designation.
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© 2019 www.spiritblockchain.comMANAGEMENT TEAM
JAMES MCDOWALL RICHARD A. LUEDI
VP Research & Corporate Development Head Distribution and Corporate Development
James McDowall, founder of Crypto Xpert UK, is an Richard A. Lüdi is a Swiss entrepreneur. His career is
avid Blockchain enthusiast, advisor, community characterized by demanding senior management positions
builder, trader and educator who has spent the at leading insurance groups. As an entrepreneur, he has
last 2 years travelling the globe undergoing extensive been focusing for many years on the crypto, insurance and
technical and fundamental analysis on the real estate sectors.
Blockchain and Cryptocurrency markets, as well as
building his online community and trading Richard has a strong network and creates sustainable and
professionally. positive synergies for its partners. Training as business
economist FH, marketing director HSG and eMBA in
James works with several projects and companies in marketing and sales. Richard resides with his family in
the space as an advisor, utilising his powerful global Switzerland.
network and strategic thinking to realise
partnerships, raise funds and bring goals to fruition.
He resides in Switzerland.
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© 2019 www.spiritblockchain.comMANAGEMENT TEAM
KASPER HOFER MADELEINE SALZMANN
Financial Controller Investor Relations & Communications
Kaspar Hofer has acted as an accountant and Madeleine Salzmann is an entrepreneurial driven communication
management consultant to small to large and event professional with a background in banking and finance.
sized organizations since 2005. She holds a degree in Swiss Commercial Banking.
His experience also includes the area of start- As the co-founder of a communication agency she was involved in
ups, entrepreneurial and decentralized a wide variety of event projects over the last few years, including
business models. His strength to get a quick the World Economic Forum, Davos. Her background is round up
overview of complex issues and to reduce by involving in leadership and personal growth themes,
them to their essential elements leads to decentralized Life- Business- and Financial Systems, Investing
clear, simple solutions. Kaspar is part of the and Digital Assets. Madeleine resides with her family in
finance team in Switzerland and is on the Switzerland.
board of directors of the Swiss subsidiary
SPIRIT Blockchain AG. Kaspar resides in
Switzerland.
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© 2019 www.spiritblockchain.comADVISORY BOARD
BRIAN O’NEILL WALTER KARSHAT
Brian O’Neill has been a practicing securities Walter Karshat is an Innovator and a Serial
lawyer for over 8 years. He is licensed to practice Entrepreneur in Blockchain Technologies,
in British Columbia, Canada and Washington and Wireless Health, IoT and Embedded
Nevada, USA. Brian is also a cofounder of BAAM Communications. A seasoned Silicon Valley
Blockchain Ltd., a cryptocurrency and blockchain technologist (GE, Pixar, Motorola), he led
solutions company. He has assisted Companies successful projects in Telecom and Datacom
with initial public offerings and reverse takeovers industries.
on the TSX Venture Exchange, Canadian Securities
Exchange and OTC Markets. Walter’s work in Cybersecurity developed into
his present focus on Crypto currencies, that
Brian has a unique skillset as he understands the includes Altcoin minting, Smart Contracts in
technical aspects of blockchain and decentralized Solidity and algorithm optimization (Zcash
applications but also has the experience and Equihash).
connections necessary to bridge the gap between
emerging fintech and more traditional equity
models. Brian graduated from the University of
Northern British Columbia with a Bachelor of
Commerce in 2006 and obtained his J.D. (Juris
Doctor) Oklahoma City University School of Law in
2009.
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© 2019 www.spiritblockchain.comKEY STRATEGIC PARTNERS
Swiss Custody Mining
Partner Infrastructure
Partner
Custody
Trading
v
Mining
Swiss Trading Infrastructure Data Product
Partner
Data Product Partner
Strategic Partnerships for efficient access to
new markets and technologies
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© 2019 www.spiritblockchain.comCOMPANY ROADMAP
Mining &
Investment Public
Operational Operational Expansion
Inception Commence Listing
Milestones Milestones Financing
DEC MAR SEP SEP FEB TBD
‘17 ‘18 ’18 ‘18 ‘19 ’19
Initial Investment Opened Custody & Up to CAD $500K
Established Compliance, Signed LOI outlining a Targeting a
Round: CAD $600K Exchange Account financing to fund the
Security and Trading Protocols. partnership for delivering Direct Listing or
Private placement into with Swiss Crypto expansion of existing
Enterprise & Government RTO on the TSX
Spirit Blockchain Brokerage Firm Investment team begins mining capacity,
Blockchain Applications in Venture
acquiring digital assets and increasing capital Exchange.
Expanded the Team the EU.
establishes the portfolio. allocations to the
portfolio and expanding
EU Blockchain product
sales.
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© 2019 www.spiritblockchain.comSUMMARY TERM SHEET
Issuer SPIRIT Blockchain Capital Inc.
Type of Transaction Fully-marketed best efforts private placement.
Issue Private placement into SPIRIT Blockchain Capital Inc.
Size of Placement Up to CAD $500,000
Placement Price CAD $2m pre-money valuation.
Outstanding Shares 33m Shares Outstanding, Plus 7m Staff Options Pool.
Canadian Non-Eligibility of the The Private Placement shares are not eligible for RRSPs, RRIFs, RDSPs,
Subscription Receipts RESPs, TFSAs and DPSPs.
Use of Proceeds Acquisition of additional digital and traditional blockchain assets,
launching additional master nodes, a small target mining operation &
expanding sales in Europe for licensed blockchain powered solutions.
Almost all proceeds from this $500,000 placement are going to hard
assets like Coins, Tokens, Nodes and miners.
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© 2019 www.spiritblockchain.comAPPENDIX
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© 2019 www.spiritblockchain.comWHAT IS BLOCKCHAIN MINING?
Blockchains rely on “miners” to secure transactions
and control the creation of digital
currencies on a blockchain.
Miners VERIFY transactions and COLLECT transaction fees: Miners are
responsible for adding transactions and creating a secure, tamper-resistant
consensus that allows the blockchain to function. Miners are paid a small
transaction fee following verification of transactions. Miners also update the
Bitmain S9 ASIC Miner
overall blockchain by adding the transaction to the immutable blockchain.
Average Miner Power Consumption: Miners/Rigs Price Range:
800w to 1500w $300 - $5000
Mining Market: Average Miner Daily Profit:
Over $75M mined daily $1 to $75 Per Day
Ethereum GPU RIG
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© 2019 www.spiritblockchain.comBLOCKCHAIN MARKET CAPITILIZATION
ETHEREUM ALL MONEY
13 BILLION 80 TRILLION
BITCOIN STOCK MARKETS
66 BILLION 70 TRILLION
ALL CRYPTOCURRENCIES GOLD MARKET CAP
125 BILLION 7 TRILLION
AMAZON APPLE
821 BILLON 825 BILLON
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Approx. values in USD, March 2019. © 2019 www.spiritblockchain.comBLOCKCHAIN APPLICATIONS
Blockchain technology is impacting
business far beyond financial services:
• Supply chain (efficiency gains)
• Healthcare (security of patient data)
• Energy sector (decentralized smart grid)
• Insurance (e.g. peer to peer insurance)
• Car industry (trustless data sharing)
• and many more
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© 2019 www.spiritblockchain.comDISCLAIMER
No Assurance of Stock Exchange Listing
THERE IS NO ASSURANCE THAT THE COMPANY WILL BE ABLE TO OBTAIN A LISTING ON THE CANADIAN SECURITIES EXCHANGE OR ON ANY EXCHANGE. AN INVESTMENT IS THE COMPANY IS RISKY AND
INVESTORS SHOULD UNDERSTAND THAT A LISTING MAY NOT BE ACHIEVABLE ON ACCEPTABLE TERMS OR AT ALL. THE COMPANY URGES ALL INDIVIDUALS TO DISCUSS ANY INVESTMENTS WITH A
LICENSED FINANCIAL ADVISOR.
Not for Distribution; No Offering
This presentation and the material contained herein are confidential and are not to be disclosed to the public. This presentation is for information purposes only and may not be reproduced or distributed to any other person or
published, in whole or part, for any purpose whatsoever. This presentation does not constitute a general advertisement or general solicitation or an offer to sell or a solicitation to buy any securities in any jurisdiction. Such an offer
can only be made by prospectus or other authorized offering document. This presentation and materials or fact of their distribution or communication shall not form the basis of, or be relied on in connection with any contract,
commitment or investment decision whatsoever in relation thereto. No securities commission or similar authority in Canada or any other jurisdiction has in any way passed upon the adequacy or accuracy of the information
contained in this presentation.
Forward-Looking Information
This executive summary contains “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation
Reform Act of 1995 (together, “forward-looking statements”). Forward-looking statements in this presentation include, but are not limited to, statements with respect to: Spirit Blockchain Capital Inc’s (the "Company’s") expansion
and development plans for Spirit’s business, consummation of a mining facility and other economic indicators. Forward-looking statements are based on certain material assumptions and analysis made by the Company, and the
opinions and estimates of management as of the date such statements are made and they represent management's best judgment based on facts and assumptions that management considers reasonable in light of its experience
and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. The material assumptions upon which forward-
looking statements in this presentation are based include, among others, assumptions with respect to: expansion and development plans; the demand for cryptocurrencies and cryptocurrency marketplaces in general; the
Company's ability to access financing on favourable terms from time to time; the Company's ability to engage with partners in Switzerland, the Company's ability to successfully commence and expand mining operations; the
continuation of executive and operating management or the non-disruptive replacement of them on competitive terms; and stable market and general economic conditions for cryptocurrencies. The Company makes no
representation that reasonable business people in possession of the same information would reach the same conclusions. Although we believe that the assumptions underlying forward-looking statements are reasonable, they
may prove to be incorrect and we cannot assure that actual results will be consistent with such statements. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking
statements or the information contained in such statements. Whether actual results, performance or achievements will conform to the Company's expectations and predictions is subject to a number of known and unknown risks,
uncertainties, assumptions and other factors, including the Company's requirement for additional funding to develop its business; and risks relating to the following: the demand for cryptocurrencies and cryptocurrency
marketplaces in general; the Company's ability to access financing on favourable terms from time to time; the risks relating to the regulatory environment of cryptocurrencies and cryptocurrency mining; the risk that the Company’s
rigs will not be able to be installed as planned; the Company's failure to retain key personnel and hire additional personnel needed to develop its business; the Company's failure to adequately evaluate its current business and
future prospects; and the Company's business practice reputation being negatively affected by negative publicity. These risks, uncertainties, assumptions and other factors could cause the Company's actual results, performances,
achievements and experience to differ materially from the Company's expectations, future results, performances or achievements expressed or implied by the forward-looking statements. The forward-looking statements contained
herein are presented for the purpose of assisting readers in understanding the Company’s expected financial and operating performance and the Company’s plans and objectives, and may not be appropriate for other purposes.
You should read this information with the understanding that the Company's actual future results may be materially different from what it expects. These forward-looking statements are expressly qualified in their entirety by this
cautionary statement. The Company disclaims any obligation to update forward-looking statements, except as required by law.
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© 2019 www.spiritblockchain.comCONTACT
CANADA SWITZERLAND EMAIL
Suite # 2300, Dorfstrasse 7 info@spiritblockchain.com
1177 West Hastings Street, 6390 Engelberg WEBSITE
Vancouver, V6E 2K3, Switzerland. www.spiritblockchain.com
British Columbia, Canada. +41 79 358 4876 / Erich Perroulaz
+1 604 757 0331 +41 79 409 5928 / Madeleine Salzmann
+1 604 710 6657 / Stephen Brohman
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