WHITEPAPER TOKEN SALE - pitstop

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WHITEPAPER TOKEN SALE - pitstop
WHITEPAPER
 TOKEN SALE

              https://pitstopproject.website/
WHITEPAPER TOKEN SALE - pitstop
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/
WHITEPAPER TOKEN SALE - pitstop
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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