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5
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ti
alCoi
nOffe
ring(
ICO)isusedbysta
rtup
stob y
passtheri
gor
ousandr e
gul
ated
c
api
tal
-r
ais
ingpro
cessre
q u
ire
dbyve n
tur
ec a
pit
al
ist
sorbanks.I
nanICOcamp a
ign
,ap e
rcent
ageofthe
c
ryp
tocur
rencyi
ssol
dtoearl
ybac
kersoft
heproj
ecti
nexch
angeforl
egal
ten
d e
rorothe
rcryp
tocur
ren
cie
s,
b
utusual
l
yforBi
tcoi
n.

BREAKI
NGDOWN'
I
nit
ial
Coi
nOf
fer
ing(
ICO)
'

Whenac r
yptocur
rencysta
rtupfi
rm wantstorai
semo neythr
oughanInit
i
alCoinOffer
ing(I
CO),itusu
all
y
cr
eat
esaplanonawh i
tepaperwhi
chstat
eswh att
heproj
ecti
sabout,
wh a
tneed(s
)theproj
ectwil
lf
u l
fi
l
lupon
co
mp l
et
ion,how muchmo ne
yisn e
e d
edt oundert
akethev ent
ure
,h o
w mu choft h
ev i
rtua
ltokensthe
pi
one
ersofth epro
jectwil
lkeepforthemselv
es,whattypeofmo neyi
sa c
cepted,andhowl on
gt heICO
ca
mpaignwil
lrunfor
.Duri
ngtheI
COc ampaig
n ,
enthus
ias
tsandsuppo
rter
softhefi
rmsi
nit
i
a t
i
veb uysomeof
t
hedi
str
ibutedcr
yptoc
o i
nswit
hfi
atorvir
tual
curren
cy.

Th
esecoi
nsar
erefe
rre
dtoast
oke
nsa
nda
res
imi
l
art
osh
are
sof
aco
mpa
nys
oldt
oin
ves
tor
sina
nIn
it
ia
lPu
bli
c
Of
fer
ing(
IPO)
tra
nsact
i
on.

3
.MCAPp
lat
for
mde
tai
l
s
3.
1MCAPCr
owdf
undi
ng-I
ni
ti
alCo
inOf
fer
ing

Thecapi
talrequi
re
df ord e
velo
p menta ndrel
eas
eo ftheMCAPp lat
for
m willbesecure
dt hrougha
cr
owdfundi
ngcamp ai
gn-MCAPI ni
ti
alCoinOff
eri
ng(here
inaft
erref
err
edtoa sI
CO
).10daysaftert
he
co
ncl
u s
ionofth
eICO,MCAPwi l
li
ssue100mill
i
onMCAPt okens
.MCAPtokenswil
lbeERC2 0pr
otocol
-bas
ed
t
okensofval
ue.I
COwillb
eo pentoevery
onefrom27.4.2
0178:00UTC.Duri
ngthi
sti
me,aspeci
alMCAPICO
webs
it
ewi l
lbeava
il
abl
ea twww.bi
it
coi
n g
rowthf
und.
comwh ereICOpar
ti
ci
pantswi
llb
eabletogen
e r
ateuse
r
ac
counts
.MCAPICOwe bs
itewi
llgui
departi
ci
pant
sthou
ghtthede p
osi
tpr
ocess
.
ICOwil
lbeope
ntoevery
onebet
ween27.
4.2
0178:00UTCand27.
5.201
720:
00UTC.
Duri
ngth
isti
me,as
peci
al
MCAPICOwe bsi
t
ewi l
lbeav
ail
abl
eatwww.bi
it
coing
rowt
hfun
d.c
om wh er
eICOpar
ti
ci
pant
swillb
eablet
o
gene
rat
eu s
eraccou
nts.
MCAPICOwebs
it
ewill
guidepar
ti
ci
pant
stho
u g
htth
edepos
itp
roc
ess.

S
oona f
tert
hefu
ndingcampai
gni
scompl
et
edtheMCAPtok
enswil
lbea
vai
l
abl
etoi
ndi
vid
ualuse
racc
ounts
.
S
houldthecr
owdfu
nd i
ngca
mp ai
gnf
ai
lt
oreac
hitsca
pit
alg
oalo
f2000BTCorequ
iva
lent
,al
lf
undswil
lbe
r
etu
rned.

3
.2MCAPT
oke
ns(
MCAP)
MCAPwilli
ssue1
00mili
onMCAPtok
ens(MCAP)so
onaft
ert
hecr
owdfundi
ngcampai
gnsucces
sfu
ll
yends
.100
%o f
theMCAPt o
kensrep
res
ent1
00%o wners
hipoft
heMCAPpl
atf
orm,c
omp r
is
ingofa
lla
sset
sandli
abi
l
it
ies
,
aswel
laseachande
v e
ryri
ghta
ndobl
ig
ati
on,i
ncl
udi
ngbutno
tli
mit
edtoi
ntel
l
ectual
pro
pertyr
ight
s,b
ran
ding
andtr
ademarks.

MCAPwil
lbeanERC20p r
otoc
ol-
base
dtoke
nofval
ue.
Tokensar
eadi
gi
ta
las
set
,bea
ri
n gva
lueb
ythemsel
ves
ba
sedonthei
runder
ly
ingasse
ts,
pro
pert
i
esand/o
rri
ght
s.Et
h e
reumb
asedt
okensr
elyonawell
-es
tab
li
she
d
Et
here
uminfr
astr
uct
ure,ben
efi
ti
ngfr
omsever
ala
dvant
ages
:

Secu
rit
yandpred
ict
abil
i
ty(aso p
p o
sedto,forexample,
havin
gtorunani
nde
pendent
bloc
kchai
nnetwor
k);
Useofrob
usta
ndwe l
l-supportedcl
i
ents(Ethere
u m-basedtok
ensca
nbemanage
dwithoff
i
cia
lEt
hereum
cl
i
ents)
:
Hi
ghliq
uidi
ty(
i
nterc
hangeablewithotherEthere
u m-basedtoken
sorEt
her
);
Eas
ierl
is
ti
ngonexchangeswithinf
ras
tructu
r eal
read
yinp l
ace;
Et
hereums mar
tcontr
actsena b
leav e
ryt r
a ns
parentandsecur
ewayofpro
fi
tshar
ingamongth
et o
ken
hol
ders
.

3
.3MCAPT
ech
nic
alDe
tai
l
s
Allnon-f
iatfundssen
tduri
ngtheI
COwillbei
mme di
atel
ywi t
hthenext
bloc
kaft
ertheyar
erec
eiv
e ds e
nt
toacold-
storage
, mul
ti
-si
gna
tureadd
ress.Pr
iv
atekey
holder
swil
lbeannoun
cedbefo
retheI
COstar
tsa n
dwill
i
n c
ludeseveral
we l
l-
known,i
ndepe
ndentindi
vi
dual
sfr
omt hecr
yptoco
mmu nit
y.I
norde
rtogai
naccesstot
he
asset
sacqu i
re
dd uri
ngtheI
CO,asuff
ic
ientti
mefromtheiss
uanceofMCAPswil
lhavet
op a
ss.
Wh atismore,
i
n d
e p
e n
den tmulti
si
gsi
gnat
ori
eswil
lhavetoappr
ovethetr
ansf
er.

T
heMCAPt e
amwi l
lnothol
dthenumberofpr
iva
teke
ysr
equi
redt
ogai
na c
cesstot
hefunds
.MCAPswil
lbe
i
ss
uedwit
hthedeplo
yme ntofasmar
tcontr
actont
heEt
her
eumn et
workandtran
sfe
rre
dtoanEther
eum
a
ddre
ssuser
swil
lbeab l
etoprov
idet
hrou
ghtheMCAPin
ter
fac
e.Us
erswhofail
todosowil
lst
i
llbea
bleto
a
cces
sth
eirMCAPsvi
atheMCAPwe bs
it
e.
4F
ina
nceMa
nag
eme
nt
L
egal
/Accoun ng
Therea r
et otlo
a f100 mill
i
on 9%
MCAPt oken
s .Fundusagewil
lbe Mar
ke ng
spl
i
t a ppr
o xi
mate
ly e venl
y 6%
bet
we enpla
tforma n
da ppl
ica
ti
on
devel
opment.Onema j
orport
i
ono f Mi
ningHar
dwar
e
48% Employees
fun
dss hal
lb espentonmi ni
ng 9%
har
dwa r
e a nd s ervi
ces. As Fundi
ng
menti
onedf undsr ai
sedf rom Br
eakdown
MCAPs ha
llbespentonmini
ngand
I
COa cti
vi
ti
es,h e
nces u
chah u
ge
i
nvest
me nt o n c reat
ing a
i
nfra
str
u c
ture f or mi ni
ng i s
Mi
ningU lies
j
usti
fi
ed. 28%

4
.1Us
eofS
alePr
oce
eds
Pl
atf
ormDev
elopme nt
Pl
atf
ormdev
elo
p men twi
l
linc
ludebui
l
din
gu po
na n
ds e
cur
ingcoresmartcont
rac
ts,ad
dit
i
onal
fr
amewor
kss
ucha sacompr
ehens
iv
etr
adi
ngan
dma n
agement
int
erf
aces
,an
dc u
sto
mizat
iont
ool
s.

Le
galCost
s
Le
galre
quir
ementsincl
udecorp
orat
esetu
psinatle
ast2lo
cat
ionsf
orcro
wdsal
ea ndo
p er
ati
ons.
Wo r
k
ha
sbeend o
n epr
iortot
okenlaunc
hwithaUSlawfir
mt odev
elo
palegalop
ini
onofthein
terp
reta
ti
on
wi
thUSlaw.Ongoi
ngresou
rceswil
lber
equi
redf
o rga
mingandposs
ibl
efi
nanci
alu
secasel
egalwork
.A
l
egal
conti
ngenc
yfu n
dwillb
ereser
vedi
nc as
eoffutur
eis
sues
.

Market
ingandBusi
nessDev el
opment
Busi
nes
sd ev
elo
pme nte
ffor
tswill
befoc
usedonid
enti
fy
ingandfor
mingre
lat
io
nshi
pswi
thnewpr
oj
ects
andexi
sti
ngpart
ners
hipswh i
chcanbebuil
tonMCAP.Ma r
keti
ngwil
lbefoc
usedonmark
eti
ngMCAP
appl
i
cat
ionstotheirpoten
t i
alcust
omers e
gme nt
.Addit
i
onaleffo
rtswil
lbespentoninc
reas
ing
awar
ene s
sandknowle
dg eoftheMCAPpla
tfor
ma ndwhatcanbebui
ltwi
thi
t.
5MCAPL
abs
TheMCAPlabsp
latf
ormp r
ovid
esawa yofmat
eri
ali
si
ngtheact
i
onsofthea
utono
mo usMCAPpl
at
for
m.In
t
hesamewa ytha
tajuri
dic
al p
ers
onal
itymani
fes
tsi
tsact
ionst
hroug
hitsa
utho
ri
sedn a
tur
alp
ers
ons,
the
MCAPpla
tfo
rmsestabl
is
hesit
srel
ati
onshi
pswit
hotherj
uri
di
calpe
rsons
,na
tur
alper
sonsandg
over
nment
ent
it
i
esthr
oughtheat-
the-t
imeel
ecte
ds er
vi
ceoper
ator
.

Havi
ngatit
sd i
sposa
ltherequi
redknowled
ge, t
echni
calski
l
lsandma n
power,aswe l
lasthest
atu
so fa
fi
nan
cia
linst
i
tuti
ona ndalongst
andin
grelat
io
n shi
pwithboththecrypt
oa n
di n
ve s
tmentcommu ni
t
ies
,
fo
undat
ionwil
lundert
aketodeve
lopandmanagetheMCAPp lat
for
minaccor
dancewiththev
isi
onout
li
ned
i
nthi
swh i
tepaperanddetai
l
edintheacc
omp anyi
ngdocumen t
ati
ononbehal
foftheMCAPtokenhol
ders
.
MCAPlabswi
llde
v e
lopandorga
niset
heMCAPI COcampa i
gnonb e
hal
fofth
eMCAPp l
atf
orm.

5
.1L
ega
lImp
li
cat
i
onso
fTo
kenL
aunc
hes
MCAPt okensarefunct
ionaluti
l
it
ytokenswit
hintheMCAPp l
at
for
m. MCAPtokensarenotsec
u r
it
ies.
MCAP
t
ok ensaren on-r
efundable.MCAPt okensaren otf o
rs p
ecul
ati
veinvest
me nt
.Nop romiseso ffut
ure
perf
orma nc
eo rval
uea r
eo rwil
lbema dewit
hr e
spec tt
oMCAP, i
ncl
udin
gn opromis
eofinherentval
ue,no
promiseofconti
nuin
gp ayme nt
s,andnogu a
rant
eet hatMCAPwillhol
danyp a
rti
cul
arvalu
e.MCAPt okens
arenotpart
ici
pati
onintheCo mpanyandMCAPt o
ke nsholdnori
ght
sinsai
dcomp an
y.MCAPt o
k e
n sar
esold
asafu nct
i
on a
lgooda nda l
lproce
edsrecei
vedbyCo mp anymayb espentfr
eel
yb yComp anyabsentany
condi
ti
o n
s.MCAP t okensa r
ei nt
endedf ore xpe r
tsind e
ali
ng withc r
yptogr
aphict okensa nd
bl
o c
kchain-
b a
sedsoftwaresyst
ems .
6.
Ref
ere
nce
s:
1
.h t
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
34
2.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
36
3.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
37
4.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
die
-gd
i.
de-
38
5.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
39
6.ht
tp:
//cryp
toc
urre
ncych
art
.
com/
7.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
41
8.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
41
9.ht
tps
://en.
wik
ipe
dia.
or
g/wi
ki/Mi
ddl
e_c
las
s#ci
te
_no
te-
44
1
0.h
ttps
://
e n.
wik
ipe
dia.
or
g/wi
ki/
Middl
e_c
las
s#ci
te
_no
te-
40
1
1.ht
tps
://99bi
tc
oin
s.c
om/pri
ce-
c h
art
-hi
st
ory/