WHITEPAPER TOKEN SALE - pitstop
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Contents 1. Executive Summary 2. PITSTOP Partner Network 3. PITSTOP Pay Station 4. PITSTOP Anti-Fraud 5. PITSTOP Store 6. Token Mechanism 7. Roadmap https://pitstopproject.website/
1. EXECUTIVE SUMMARY A blockchain-based cryptocurrency that revolutionizes the global online gaming industry. A one-stop shop for game developers to monetize and grow globally. PITSTOP is a one-stop-shop for game developers to create, monetize, and scale the growth of online games worldwide. Our Goal Our goal is to celebrate and empower both the gamers and developers. We want to be an extension of their team and help automate things like in-game payments and upgrades, among other things. 1.1 An experienced team that you can trust headed by DYLAN WILSON, NICOLAS COLEMAN, and JARY SCOTT, JOSEPH BERNAL our executive team has collectively overseen more than six million player signups, billions of dollars in player bets and has published games that have sold millions of units at retail. While other platforms intending to launch this year struggle to work as claimed, we already know what it takes to make it work — and we’ve already built it. 1.2 PITSTOP Token in Brief. Our token PIT will be used for all platform actions, including buying online game cards and peer to peer transactions with online game developers Phase 1 is the initial token creation event; PIT is expected to have more valuable and useful over time as additional PITSTOP developers and operators launch online new games. 1.3 PITSTOP platform is designed by game developers, with game developers in mind. The games already built demonstrate the superiority of the PITSTOP platform. No other platform has to date been able to offer instant, cost-effective real-money gaming to players and developers. PITSTOP Token. Note that the functionality and industrial benefits of the PITSTOP does not depend on the price level, price movement or liquidity of the tokens themselves. The PITSTOP organization has no assumption, expectation, or interest in the market value of the tokens. Certainly, the success of blockchain adoption by the industry will be driven primarily by the motivation and efforts of the online gaming industry participants to utilize the tokens. The role of PITSTOP will be to introduce the token and educate the industry. https://pitstopproject.website/
2. PITSTOP PARTNER NETWORK Partner Network allows game developers to manage every affiliate and influencer program with a single, easy-to-use, cost-effective tool. With this product, you can create specific types of programs for influencers & affiliate networks and manage them using a convenient and effective tool. Key features include: Large database of collaborators from 40+ countries and territories: 4,000+ influencers 50+ affiliate networks Interaction with collaborators based on either a revenue sharing, an incentive, or both models Flexible configuration of programs depending on the selected collaborator type Automatic sending of event notifications to program participants Automatic generation of tracking links and promo codes for influencers Various ways to track the connection between collaborators and referrals: Via cookies Via Tracking ID handling Via promo codes Automatic payouts to collaborators for each referral Analytics tools: Activity tracking for collaborators Program performance evaluation: Number of referrals (clicks) Number of successful transactions (sales) Gross revenue generated via referrals Revenue shared with collaborators Net earnings from referrals https://pitstopproject.website/
3. PITSTOP PAY STATION Pay Station allows partners to monetize their product by providing users with a convenient UI to pay for in-game purchases in the game store. Key features: 700+ payment methods in 200+ geographies, including bank cards, eWallets, mobile payments, cash kiosks, gift cards, special offers, and cryptocurrencies 130+ currencies UI localized in 20+ languages Desktop/mobile browser and Smart TV versions Support of campaigns, coupons, tax charges, and payment method commissions when calculating the purchase price Automatic suggestion of payment methods most relevant for the user via the PayRank algorithm Fraud protection Management via Xsolla Publisher Account: configure gateways, re-order payment methods, view transaction history & stats, reconcile calculations, export reports, view support tickets, cancel payments, etc. 4. ANTI-FRAUD Adapts security features to region-specific standards, applying AVS in North America and 3DS according to the needs of each European market. Delivers custom analytics reports and dashboards, sharing up-to-date game traffic information and more. Runs on hybrid machine-learning mechanism, separating fraudulent, activity with 95% baseline accuracy, even during high-traffic periods., https://pitstopproject.website/
5. PITSTOP STORE https://pitstopproject.website/
6. TOKEN MECHANISM 1. Distribution The tokens sold during the Token Sale are called PITSTOP Token (PIT). The PITSTOP Token (PIT) is ERC20 compliant. The PITSTOP Token Total Supply is limited and fixed at 10,000,000,000 with functionality of minting additional tokens, which ensures the long-term value of the tokens. These tokens are created during execution of PITSTOP Token smart contract, are transferrable, while more tokens cannot be minted, tokens can be burned when the PITSTOP Organization deems necessary. Roughly 70% percent (70% of the PITSTOP Token will be sold to the public during the Token Sale. The proceeds from the Token Sale will be used primarily to develop the PITSTOP platform and to make the PITSTOP Token marketable in the online gaming industry. Two percent (2%) of the PITSTOP Token will be given out for free to people who will sign up for the airdrop and as bounty to those who will help PITSTOP Token be listed to certain cryptocurrency exchange as stipulated by the PITSTOP Organization, and for generic use as the de facto industry cryptocurrency. About eighteen percent (18%) of the total supply will be allocated to Bonus+Marketing and will be rewarded to people who have referred friends who purchased PITSTOP tokens. An estimated ten percent (10%) of the PITSTOP Tokens will be set aside for team member. Other funds for Legislation 8%, Management 15, Marketing+Partnerships 45%, Development 30% https://pitstopproject.website/
Table 1. Token Distribution https://pitstopproject.website/
2.PITSTOP Network Price Discovery and Supply The number of PITSTOP Token to be given out to the users will be based on the market value of the tokens discovered after the Token Sale is complete, as well as their trading activities on cryptocurrency exchanges. The price of the PITSTOP Token as expressed in cryptocurrency exchanges will establish the collateral value of each industry user’s token allocation. 3.Usage of the PITSTOP Token In general, like Ethereum, the PITSTOP Token is freely transferable on Ethereum or any other user interface, from one user’s wallet to another’s based on the smart contracts governing the transactions. 7.ROADMAP The concept of PITSTOP has been under development since October 2018 when the founders teamed up to seek technological solutions for challenges experienced in their respective careers. Extensive research has been done on various technological solutions available for online gaming, artificial intelligence and blockchain technologies in general over the past 6 months. Our evaluation concludes that distributed ledger technology (“DLT”) or blockchain technology, and specifically the Ethereum network, provides the best solution to deal with some commonly known challenges in the online gaming industry. The founders believe the project has reached the implementation stage that requires funding to move ahead. Steps accomplished so far include: ▪ Selected Ethereum network as the Foundation Layer of the solution ▪ Completed coding of a set of core smart contracts using Solidity, including the ITS, ERC20 compliant PITSTOP Token and various online gaming prototype smart contracts, etc. ▪ Started to test the smart contracts in a testnet environment and live chain of the Ethereum. https://pitstopproject.website/
▪ Formulated the IT infrastructure, which is called PITSTOP Platform, for PITSTOP. Nov 2018 – Planning and Token Creation Dec 2018 – Token Sale period Jan 2018 – Exchange Listing period Feb 2018 – Marketing and Partnerships Mar 2019 – Global Campaigns Apr 2019 – Launching of PITSTOP Platform May 2019 – Integration of PITSTOP with various online gaming platforms https://pitstopproject.website/
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