Initial Coin Offering Architecture Proposal Agreement dated July 2, 2018 by and between the Company and BlakFX, LLC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Table of Contents – BlakFX Proposal Agreement

 

 

 

 

 

 

 

 

 

 

 

 

 

Blockchain Industries, Inc. operates as a financial technology holding company. The Company, through its subsidiaries, provides:

 

Investment Management

 

Consulting

 

Value Proposition

 

Listed on the New York Exchange

 

Global Locations:

 

 

 

 

 

 

 

 

ICO, Management, and Technical Consulting Team:

 

Paul Kim – Head of Originations and ICOs

Mr. Kim is a 15-year gaming executive veteran having served companies such as GoPets, ZAM Network, and Gazillion Entertainment. Previously, he served as CEO of Xfi re, the world’s largest gaming community site with over 24 Million registered users, as well as COO of Oomba, a cutting-edge SaaS-based Tournament platform. He has advised multiple ICOs and was a founding member of the DNA fund.

 

 

Bryan Larkin – CTO

Mr. Larkin’s background includes high availability hardened servers, fault tolerant network engineering, full spectrum wireless communications, ultra-efficient distributed crypto mining, extreme VPN design employing cascading encryption and multiple attack vector cybersecurity defenses. Between 2012-14, he helped to set up one of the largest Bitcoin mining pools in the US. Larkin founded Skylab Technology, LLC, serving as the company’s CEO for eight years. Skylab is known globally as a leader in cybersecurity providing customized solutions for personal, corporate and governments.

 

Brandon Beveridge – VP Engineering

Mr. Beveridge has 15+ years of experience in software design and engineering. He has extensive experience in high-track distributed systems, network operations, and security. He has helped lead the development of some of the most popular social applications such as Tinder, Coffee Meets Bagel, and Grindr.

 

Kevin Hu – Head of Research and Analytics

With a background in Mathematics, Kevin is a specialist at understanding the value drivers and Crypto-economics of tokens. Prior to joining BCI, he worked at BlackRock’s hedge fund solution group where he analyzed start-up hedge funds, complex portfolios, and individual investments. He also led the group’s effort in exploring various investment strategies in Crypto assets.

 

 

 

 

Our Services:

 

 

Cryptocurrency Investment & Portfolio Management

 

We professionally analyze client assets to ensure portfolios match needs and requirements in order to achieve desired returns. Clients with diversified crypto currency portfolios risk losing sight of various factors that affect crypto placement, such as solvency, currency, liquidity, and location.

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We advise on best performing cryptocurrencies and portfolio optimization to create higher returns with reduced risk. Our philosophy emphasizes security and impartiality versus gambling and chance. Our greatest strengths include the ability to provide trusted, unbiased and pragmatic options.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BCII assist clients throughout the entire token generation event (TGE) by carefully assessing and communicating the unique value and use case for each token or project. A successful crowd sale should be preceded by in-depth due diligence, a community-driven technical white paper, project transparency via a token offering memorandum, a clear outline of the ecosystem, and a detailed management profile.

 

 

Our services include assisting clients with:

 

 

 

 

 

 

 

 

 

Smart Contract Creation/ Auditing

 

 

Strategic Partnerships and Alliances

 

 

 

Legal / Compliance

 

The complexities involved with creating a successful and multi-jurisdictional ICO necessitate proper legal and compliance measures to ensure protection for our clients as well as to ourselves as a company. Accordingly, BCII insists all clients undergo a thorough legal review and recommend global corporate structure options based on regulatory climate. The client is responsible for final decision and the actual filings. We work directly with or refer attorneys and firms for specific services as appropriate.

 

 

 

 

 

 

 

 

AML/BSA Documentation

 

BCII assists clients with the following:

 

Marketing Packages

 

BCII will assist with potential marketing packages that include:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WHITEPAPER

 

A whitepaper is a document designed to illustrate a use case for a product or service. A whitepaper should include a technical explanation of the product or service, a description of scalability plans and expectations, an assessment of the competition, and a project timeline, as well as monetization strategies. It is important to manage this data and provide it to the reader transparently.

 

 

Sections to be included (at least):

 

 

 

INITIAL COMMENTS on BlakFX:

 

Although we see a well thought out white paper, there are a few areas we would address differently to encourage a more successful articulation of the project:

 

 

 

Despite being informative, we believe the current white paper will not withstand scrutiny in a forum of international investors and technically savvy who require detailed information.

 

 

TOKENOMICS & CRYPTOECONOMICS

 

 

Incentives are needed to drive two basic fundamental activities: Security & Network Effects.

 

Incentives usually result in one of two ways:

 

It is important to articulate exactly how the digital asset will be used within the ecosystem and how users will be incentivized to use that asset. Companies must determine how to keep the digital asset moving within the ecosystem as opposed to simply providing the means for owners to realize market gains.

 

BlakFX EVALUATION:

 

 

 

 

 

 

 

 

 

CONSULTING OVERVIEW

 

We see there is a huge opportunity to create a long-term partnership with your organization. From our discussion you would like a full overview of services with specific activities including:

 

 

When we evaluate and accept projects, we (along with our global network) will work together with your team to ensure complete transparency and thoroughness.

 

Some key points in our network and relationships:

 

 

Our value added comes from our deep understanding of the Japanese, Asian, and international business ecosystems in which we can tap into and leverage the strategic resources within those entities. With our high-level investment team, we can ensure that we digitalize, tokenize, and structure the asset in such a way that the international market would understand and find value in it. Moreover, we will work with our clients on a pre-scheduled basis that will ensure efficient and timely communications throughout the project lifecycle.

 

SCOPE OF WORK (SoW)

 

We shall provide the following services and/or consultation to BlakFX for the project (to be completed by either your organization independently with our oversight, or in tandem with us):

 

 

 

 

 

 

 

 

 

 

 

**There are several points not covered here as we would need more meetings to go through and discuss the opportunity in more detail. Please note that this is subject to change as iterations occur post-consultation.

 

COST PROJECTION

 

 

 

 

 

 

 

 

3rd Party Services:

 

In the event BlakFX requires 3rd party solutions, services or products, the costs will be submitted to BlakFX for approval and will be paid for directly by BlakFX.

 

BCII will use best efforts to complete as much as possible with internal resources before entertaining 3rd party services or solutions and will submit all such required needs to BlakFX for approval.

 

 

TERMINATION

 

Procedure and Effect of Termination. In the event of termination of this Agreement as provided under SCOPE OF WORK on page 13 of this agreement, a two week written notice thereof shall be given by the Party so terminating to the other Parties, BlakFX agrees to compensate BCII on a pro-rata monthly basis over the life of the ICO/Private Placement Offering raise period. Advisory Package compensation and the Agreement shall forthwith become void and there shall be no liability on the part of any Party hereto (or any of its Representatives, financing sources or Affiliates), (ii) nothing herein shall relieve any Party from liability for any knowing and intentional breach of this Agreement occurring prior to such termination.

 

Pro-Rata: Projected Raise Period of 6 months (July 15th, 2018 to January 15th, 2019) or 6 installments.

 

 

 

 

 

 

 

/s/ Robert Statica

Robert Statica

CEO & President

BlakFX, LLC

July 6, 2018