contents

Preface .............................................................................................. 4

1 、market analysis ......................................................................... 8

1.1 Market pain points .......................................................... 8

1.2 Market characteristics ................................................... 11

1.3 Market trends ................................................................ 13

2、CMG overview .......................................................................... 16

2.1 CMG Introduction .......................................................... 16

2.2 CMG Vision .................................................................... 19

2.3 CMG Advantages ........................................................... 21

2.4 CMG core competencies ................................................ 22

1、Safety Ability ............................................................. 22

2、Security protection based on cryptography .............. 23

3、Experience fluency ability ......................................... 23

4、Multiple Token circulation capabilities ...................... 23

2.5 CMG Business Model ..................................................... 24

1、Exchange for risk-free currency ................................. 24

2、Simple and Convenient Transactions ........................ 25

3、Convenient gold entry tools ...................................... 25

2.6 CMG technical solution .................................................. 26

1、Access Layer ............................................................. 26

2、Front End UI .............................................................. 26

3、Display Layer ............................................................. 26

4、System Layer ............................................................. 27

5、Database ................................................................... 27

6、Technical layer .......................................................... 28

2.7 CMG technical principles ............................................... 29

1、P2P Communication ................................................. 29

2、CMG encryption algorithm ....................................... 30

3、CMG Smart Contract ................................................. 31

4、CMG Consensus Algorithm ....................................... 32

2.8 CMG design principles ................................................... 33

1、Expansion principle ................................................... 33

2、Stretch principle ....................................................... 33

3、Safety principles ....................................................... 34

2.9 CMG application scenario .............................................. 34

3、 ................................................................................. 35

3 、CMG community .................................................................... 40

3.1 CMG governance structure ............................................ 40

3.2 CMG ecological construction ......................................... 41

3.3 CMG incentive mechanism ............................................ 41

4、CMG planning........................................................................... 44

4.1 Token description ............................................................. 44

4.2 Access ............................................................................... 44

4.3 Issuance method .............................................................. 45

4.4 Instructions for the use of funds ....................................... 45

4.5 Circulation program .......................................................... 46

4.6 Development process and planning .................................. 47

5 、CMG team .............................................................................. 49

6 、CMG statement ...................................................................... 52

4 / 55

Preface

The establishment of Payoneer has changed the collection method

of global e-commerce platforms.

Libra, issued by Facebook will unify the currencies of the world.

The emergence of WeChat has changed the way people

communicate.

The advent of Taobao has changed the way people shop.

The birth of CMG has become a bridge for convenient offline

payment in digital cash.

The world has been changed by CMG ever since!

Digital cash, starting with CMG, has become a real currency!

The total market value of digital cash in 2020 has reached 2.6 trillion

US dollars, which becomes the value embodiment recognized by the

world. However, as a currency, the current circulation in digital cash is

limited to the exchange as an investment appreciation, and the actual

payment function has not been realized.

CMG, an epoch-making realization, includes payment functions such

as Alipay, WeChat, UnionPay and Visa, which perfectly solves the problem

that digital cash cannot consume offline, truly achieves the consensus of

the whole society, all aspects and all channels in digital cash, and enables

digital cash to achieve all aspects of application.

5 / 55

From then on, digital cash can complete the same as other currencies,

and directly scan codes for payment in shopping places. The promotion

bonus that broke out from this will bring rich excess profit returns to the

forerunner!

Mobile payment has entered a new era of outbreak since then!

CMG Cheesemonger assets was initiated by top block chain

technology geeks. Combining the world's most advanced block chain

technology with its own strong offline strength background, CMG

Cheesemonger assets is determined to change the current global

transaction payment environment. CMG is built on its own high-

performance public chain infrastructure combined a top-notch

community of global technological and financial elites to provide

customers with comprehensive, safe, convenient and professional asset

management and value-added services in the field of digital cash. The

business scope covers stocks, foreign exchange, futures, savings,

investment banks, insurance trusts, investment management and wealth

management in digital cash. CMG Cheesemonger assets can realize the

trading of financial products worldwide and promote the development of

investment in digital cash.

With the introduction of the main network system in the future, CMG

will enable users to transfer money and money in a timely manner around

6 / 55

the world. Cross-border transfers will be made. The platform will

automatically operate exchange rate conversion. Transaction confirmation

will be completed within a few seconds and the transaction cost will be

almost zero. CMG is committed to serving the global payment scenario for

the entrance through the field of block chain technology innovation, and

actively expanding the global business with brand-new business models

and value returns.

CMG will break the obstacles of currency settlement in various

countries. Human society has thus entered a new chapter.

7 / 55

8 / 55

1 、market analysis

1.1 Market pain points

Traditional online transactions need to rely on a third-party payment

intermediary. For users, the transaction information of users is stored in a

centralized database by the intermediary. Users need to trust the

intermediary before using the payment platform provided by the

intermediary. In order to ensure the trustworthiness of the transaction,

payment companies need to collect a lot of user privacy information to

determine the trustworthiness of the user's account, and the more

privacy information disclosed by users, the less safe it is.

On the other hand, the traditional centralized management method

is that banks or third-party payment companies fully supervise the

accounts. The transaction process recorded by these intermediary

companies is invisible to users, and the transparency and credibility of the

account book data are difficult to guarantee. Therefore, with the

emergence of trust crisis, many researchers want to establish a trust-free

and distributed privacy protection intermediary platform. Although there

are many user privacy protection algorithms, such as differential privacy,

k-anonymity, t-closeness, and distributed storage systems, such as Google

File System, BigTable, etc., none of them is a distributed and trust-free

practical application. De-centralized digital cash was proposed by Chaum

9 / 55

as early as 1982, followed by peer-to-peer currency. However, it was not

until January 2009 that bitcoin attracted the attention of researchers all

over the world. To sum up, today's trading platform has the following

problems:

1. Trust risks cannot be solved. If a user wants to conduct transactions

through an institution, he must first trust the institution, which has the

right to control the user's funds. Only by trusting the institution to protect

the user's privacy and transaction privacy information, and at the same

time trusting the institution's settlement system, can he use the system,

but he still has to bear certain risks.

2. The bank accounting liquidation system needs a long time. For

general financial products, they cannot get income immediately after the

purchase expires, which requires a liquidation time of 3-5 working days, a

waiting time of 1-3 days for bank large account transfers, and a longer time

for cross-border payments.

3. Limit of transaction quota. In fact, due to the difficulty of

liquidation, many small-amount transactions are difficult to carry out,

while large-amount transactions also have a longer liquidation time.

4. Centralized supervision. With the pursuit of efficiency and the

increasing demand for data security, the centralized supervision mode is

a top-down supervision mode, which needs to be progressive layer by

10 / 55

layer and is not fast enough in efficiency. However, in data storage, it is

easy for a node to be invaded. If the central node is invaded, it will cause

great harm.

5. Transaction data are not transparent. For many financial

institutions and government agencies, confidential data is very important,

but for ordinary investors, the transparency of data is the most important.

Data transparency can enable users to know the coming and going of each

sum of money and protect themselves from being cheated by trading

institutions.

6. It is easy to cause the disclosure of users' privacy. Usually, financial

institutions need to collect more user privacy information to ensure the

legitimacy and security of users using the account. In the era of big data,

various information elements of the network can be used to piece

together and query any private information, including personal

information, chat records, etc., which undoubtedly increases the risk of

user privacy disclosure.

In conclusion how to solve the problems of opaque data and low

clearing efficiency in the cash trading system has become a hot topic of

common concern to the financial and information technology circles. It

will take a long time for the world to popularize a brand-new trading mode

to adapt to the trading users who have higher and higher requirements

11 / 55

for efficiency and security.

1.2 Market characteristics

Since 1980, the gap between the rich and the poor in the world has

widened. The wealth of billionaires around the world is growing at a high

rate of 13% every year. However, the average annual wage growth rate of

ordinary workers is only 2%. In recent years, the rise of encrypted digital

cash has been highly praised by investors around the world.

12 / 55

The Swiss currency

has increased 30 million times in five year.

Bitcoin has increased 10 million times in 8 years.

Ethereum has increased 4000 times in 4 years.

Encrypted digital cash has created tens of millions and billionaires,

and the fate of many people has changed. In the foreseeable future,

investing in encrypted digital cash can be said to be the only way for

ordinary people to change their fate. After the block chain technology is

refined from bitcoin, the entire block chain market is developing at a fast

speed. Central governments of various countries, various financial

institutions, various science and technology companies, etc. continue to

pour into the block chain market. With the continuous expansion of the

influence of the block chain community, the value of various block chain

assets has increased by as little as 3 to 5 times, as much as 10 times or

even dozens of times or hundreds of times. A large number of investors

who entered the market early have already enjoyed the dividends brought

by the rapid development of the market, and the digital cash market is

booming. We believe that the earlier investors enter the block chain

investment market, especially the digital asset trading market, the greater

the harvest.

13 / 55

1.3 Market trends

The block chain will have a great impact on the existing economy and

society and is expected to reshape the form of human Internet activities.

The recent development trend of the block chain mainly includes the

following aspects:

1. Driving breakthroughs in application in other industries from

financial innovation. The application fields of the block chain will start

from the fields where there is a need for mutual trust between the parties

to the transaction, but it is not easy to establish trust relations, such as

finance, securities, insurance and other fields.

2. Socialization of intelligent contracts. In the future, all contractual

agreements will be intelligent. Using intelligent contracts can ensure the

reliable execution of all agreements and avoid tampering, denial and

breach of contract. In addition to transforming tangible assets in the

society into digital intelligent assets for rights confirmation, authorization

and real-time monitoring, block chain can also be applied to intangible

asset management in the society, such as intellectual property protection,

domain name management, points management and other fields.

3. De-centralization. In the future, the block chain system

architecture will be to build a trusted decentralized system, which will

decentralize independent single centers and upgrade them to multi-

14 / 55

center systems with multi-party participation, thus improving trust

transfer efficiency and reducing transaction costs. That is, under the

environment of asymmetric and uncertain information, a "trust"

ecosystem should be established to meet the needs of the occurrence and

development of various activities.

4. Digitalization of assets. From a long-term perspective, asset

digitalization is a major trend in the future. Digitalization of assets can

reduce costs and waste of resources to a certain extent. At the same time,

it is beneficial for enterprises to encrypt and save private files by using

block chain technology, making the assets of small and medium-sized

enterprises easy to circulate and trade more transparent. The use of digital

asset currency will be able to circulate effectively in the future, and can

carry out real-time dynamic data across time and space, across locations.

15 / 55

16 / 55

2、CMG overview

2.1 CMG Introduction

CMG is jointly invested and developed by Stanmore England financial

advisory hotline Limited and TOP UK Foundation, which has a long history

and leading technology with professional and flexible investment

experience and talented ideas through block chain consensus, tamper-

proof technology, digital signature, encrypted wallet and other security

means to ensure the security of accounts and assets. Finally, the real

circulation of digital cash into practical application is realized.

17 / 55

CMG is developed based on block chain technology to build an

ecosystem that serves global mobile payment decentralization and peer-

to-peer transactions, and to create a global mobile payment industry

chain, which applies to the personal and enterprise domain. Through the

new generation of technologies, the network and electronic wallets are

used to conduct high-frequency and low-cost financial transactions such

as payment and remittance, consumption, entertainment, wage payment,

asset management and other on-demand services. It is committed to

promoting the development of the global mobile payment industry

economy and its industrial chain, and releasing trillions of digital cash into

consumption circulation.

CMG is the world's first decentralized public block chain ecosystem

with national standards and distributed block chain reference architecture

standards. Fully considering the technical characteristics of the Internet of

Things and the needs of network ecological construction, seamless

integration of the bottom layer of the block chain and the network ecology

has been realized in the aspects of user credit identity management, P2P

communication, encryption algorithm, consensus algorithm, intelligent

contract, cross-chain contract mode, decentralization, fast access to new

services, etc.

18 / 55

CMG provides real-time

convenient payment, value

exchange and other payment

services, while supporting cross-

border payment systems. The

technology aims to break down

the existing organizational

barriers and optimize the

inclusiveness of financial services. In the future, this technology will

definitely set off the global market and serve the public. CMG provides a

solution to the problem of digital payment in the field of personal finance.

It can be exchanged and paid seamlessly in real time. It will realize

payment functions including Alipay, WeChat, UnionPay, Visa, etc. The

emergence of CMG has completely solved the problem that digital cash

cannot consume offline, truly achieved the all-round consensus of

numerical currency, and enabled digital cash to achieve all-round

application. CMG does not do ICO, does not openly raise funds from

investors, and is open and transparent. All members can make inquiries

through the block browser. CMG was initially issued based on the

Ethereum ERC 20 protocol and will be transferred to the self-developed

public chain in the future.

19 / 55

CMG is a distributed, decentralized and tamper-proof block chain

global mobile payment chain. CMG establishes a distributed database by

setting up 25 super miner nodes to solve the timeliness and security

problems of data in traditional network security protection systems.

2.2 CMG Vision

By taking "simplification of global payment transactions, ease of use"

as the purpose, "serve the world, and promote the development of

human society" as the mission, it is committed to turning CMG into a

freely circulating encrypted digital asset in the world, constructing a

payment trading platform between CMG offline merchants and

consumers, and providing diversified financial product transactions.

Through the network of this platform, users can realize real-time point-to-

point payment, transfer and even various financial investments without

central organization and management, and support the exchange of

different legal tender in different countries.

CMG's mission is to bring suitable digital cash financial products and

services to all investors through block chain technology and professional

communities. Through the exploration and construction of decentralized

and stable digital goods financial ecology through block chain technology,

it will protect and guide block chain investors to avoid risks, bring asset

appreciation, and finally contribute its own strength to the rectification of

20 / 55

the "chaotic" block chain industry and the digital cash market, and also

bring rich returns to investors.

CMG will greatly improve the investment expertise of the existing

digital goods market. Through a series of financial products based on

smart contracts and services of smart financial communities, CMG

investors are no longer completely exposed to risks. Digital goods assets

have better channels for investment, circulation and inheritance. Not only

will the profits of CMG's founding team be fully fed back to the market,

but also the profits of CMG investors will feed back to the community,

forming a virtuous circle of financial ecology.

CMG is also a highly innovative system commodity. In the future, it

will not stick to the existing product and service design. It embraces all

innovations conducive to the development of investors and block chains,

and continuously improves and stabilizes its professionalism, authority

and influence in the digital cash market.

21 / 55

2.3 CMG Advantages

1. Faster payment speed. The transaction is carried out automatically,

and the funds arrive at the account immediately and the payment can be

completed within a few seconds.

2. The payment fee is lower. CMG does not belong to anyone, and

the payment cost is lower. Merchants who receive the money can save a

lot of intermediate expenses.

3. Foreign exchange is simpler. In international trade between

enterprises and in cross-border tourism between individuals, foreign

exchange does not need to pay other fees, which is more convenient and

simpler.

4. Availability of financial services. As long as there is the Internet,

more financial services will be born under the payment application

scenario. Based on the decentralized platform, individuals or financial

institutions can be served more efficiently.

5. Financial services are more interconnected. CMG makes

transactions between independent companies easier by creating a shared

currency agreement, reducing resistance in the financial system and

enhancing the efficiency of the system. CMG supports digital asset

certification and equity trading, and its technical framework supports tens

of millions of high concurrency. In short, CMG can realize the universal

22 / 55

certification of equity assets including stocks, bonds, options, futures, etc.,

and even support the universal certification of goods, services and special

resources. For the equity market, CMG can not only be applied to over-

the-counter equity trading business with low trading performance

requirements, but also provide bottom-level technologies and cloud

services for major stock exchanges around the world to promote the

universal certification of global digital assets. CMG has truly realized the

leap in the application of block chain, completely changing the existing

pattern of "block chain + digital cash" in the industry, starting with "block

chain + equity market", promoting "block chain + real economy", releasing

the value of digital cash and truly promoting economic development.

2.4 CMG core competencies

1、Safety Ability

CMG will disclose all the core random number values used to ensure

fairness in operation on the platform, so as to completely make the core

data open and transparent. Compared with the server-side data control in

the traditional platform, CMG decentralizes the data encryption channel

transmission through the block chain, thus achieving real security and

fairness. At the same time, CMG uses the open and transparent

characteristics of the block chain to output the digital assets in the

platform to the block chain, and discloses its integrity and uniqueness,

23 / 55

thus realizing the block and security of users' digital assets.

2、Security protection based on cryptography

CMG employs private key security. Only the user needs to enter the

wallet address of Ethereum can make consumption, transaction, transfer

and other behaviors. The whole transaction process does not require the

user to provide any private key and password, and no sensitive

information of the user account will remain on your computer or browser,

let alone spread on the network, thus achieving the best security

protection state.

3、Experience fluency ability

CMG is developed based on block chain technology. The platform

team gives full play to its rich experience in the field of platform

construction and adopts a "deep coupling" method to process the core

data through intelligent contracts on the block chain. The two are

seamlessly called and combined, thus achieving the perfect effect of

ensuring fairness and smooth platform experience.

4、Multiple Token circulation capabilities

CMG uses CMG as the basic platform currency and supports other

mainstream Token in succession depending on the development of

platform business. CMG will also establish a new Token access mechanism

to evaluate the usage of its block chain assets among platform users and

24 / 55

judge whether to access the new Token that applies for circulation after

fully considering its security.

2.5 CMG Business Model

With the development of science and technology and the continuous

updating of block chain technology, CMG will combine the characteristics

of existing wallets and provide users with more interactive features and

better experience effects. CMG will provide users with simple, convenient

and safe exchange and trading services through the original NO-LOCAL

COIN exchange network and docking with exchange API.

CMG will provide an unprecedented overall solution from online to

offline in the block chain ecosystem, including: decentralized sales

network, multi-asset digital wallet (legal tender, encrypted currency),

decentralized cross-chain token transaction, decentralized management

platform, etc. CMG will have the following three business models in the

future:

1、Exchange for risk-free currency

CMG develops NO-LOCALCOIN exchange network based on the

platform, and realizes risk-free CMG exchange services for digital cash and

legal tender through intelligent contract, cross-chain gateway and cross-

intelligent contract technology. Users exchange between digital cash

through CMG, the platform party or other third parties create intelligent

25 / 55

exchange contracts, and the contract mechanism monitors and executes

the exchange process, thus avoiding the default risk of all parties involved

in the transaction process. In addition, CMG's role is to connect digital

cash with global currencies and build a decentralized network for the

registration and circulation of diversified currencies. CMG's goal is to

become the world's largest free exchange network for currencies.

2、Simple and Convenient Transactions

Buying and selling digital cash through exchanges has certain entry

barriers and learning costs. CMG provides users with the best market price

and simple operation experience by docking with the exchange API. CMG

presents users with simple purchase price and selling price by optimizing

the screening mechanism. Users only need to enter the quantity to

complete the transaction as conveniently as on the e-commerce platform.

3、Convenient gold entry tools

CMG provides users with credit card consumption channels and

mobile phone card readers through docking with payment service

providers. Simply put, CMG provides a block chain interaction protocol for

diversified digital assets, through which different types of assets (income

rights, unlisted equity, creditor's rights, digital cash, etc.) running on CMG

can be exchanged, gambling and complex interaction based on intelligent

contracts. In the future, CMG can realize many applications such as two-

26 / 55

way circulation of reality and pass certificates, multi-currency P2P

exchange and payment, P2P network credit, personal network clearing,

etc.

2.6 CMG technical solution

1、Access Layer

CMG provides a multi-platform, easy-to-use and beautiful UI

operation interface to meet the needs of users in various scenarios.

Specifically, it includes PC-side app and supports mainstream operating

systems such as Windows and MacOS;. Mobile app supports mainstream

operating systems such as iOS and Android. Web page app supports

mainstream browsers at home and abroad.

2、Front End UI

The front-end UI is composed of interface design, WEB front-end,

back-end interface, HTML code, CSS, JavaScript, etc. It follows the writing

and organization form of native HTML/CSS/JS, which can effectively

reduce HTTP requests, reduce DNS search, avoid redirection, enable Ajax

to cache, delay loading components, reduce the number of DOM

elements, cut groupings into multiple domains, minimize the number of

iframe, and eliminate http404 errors.

3、Display Layer

The display layer consists of template engine rendering and Ajax

27 / 55

interaction. Template engine rendering can display APP products and WEB

products in front of users and cooperation through module rendering.

Ajax can adapt to various browser bottoms and server bottoms to a great

extent, providing users with smooth and convenient operation requests.

4、System Layer

The system layer consists of intelligent contract, consensus

mechanism, stored procedure, consensus mechanism, credit review,

Token exchange, etc. Its function is mainly responsible for accessing the

database, which can access the database system, data buffer, binary files,

text document storage, etc. The business layer is the most direct product

display of CMG. Through the development of different products and

different functions, the practicability, authenticity and legitimacy of CMG

can be effectively improved.

5、Database

The database consists of MS SQL, My SQL, Oracle, etc. The database

has basic functions such as storage, interception, security guarantee,

backup, etc. It is very important to improve the operation speed and

increase the performance traffic volume. Based on the user's

authorization of database use and hierarchical cryptography, the user's

privacy and data security can be fully guaranteed.

28 / 55

6、Technical layer

CMG adopts the latest technologies such as block chain, big data and

cloud computing. The computing power of cloud computing can drive

block chain. The technology of block chain can make big data traceable

and make data more real and safer. Block chain, big data and cloud

computing influence and promote each other.

29 / 55

2.7 CMG technical principles

1、P2P Communication

P2P is the core foundation of block chain and has the characteristics

of differentiation, scalability, robustness, privacy and high performance.

The Internet of Things devices and users linked to CMG have been deeply

optimized in terms of session maintenance, address determination,

communication mechanism, storage program, transaction payment, etc.

By specifying the physical configuration and the number of scales

associated with the client and the consensus node. In addition, sharding

mechanism and high-speed network connection are adopted to reduce

the communication, computing and storage burden of consensus nodes

and improve the transaction performance of block chain, thus achieving

30 / 55

the maximum performance for the blocking of Internet of Things

equipment and providing basic guarantee for the registration, digitization,

authentication and security of Internet of Things equipment in the future.

2、CMG encryption algorithm

Encryption and decryption of information is the key link of block

chain, mainly hash function and asymmetric encryption algorithm.

(1) In the hash function part, there are mainly SHA, MD5 and other

algorithms at present, including the series and parallel use of algorithms.

Since commercial applications generally pay more attention to

performance issues, the basic CMG algorithm is mainly SHA256 algorithm.

(2) In the asymmetric encryption part, there are mainly asymmetric

encryption algorithms including RSA, DSA, elliptic curve algorithm, etc.

The block chain generally uses elliptic curve algorithm, including ECDSA

and SCHNORR. Considering that the verification speed of Schnorr

signature is faster than ECDSA signature, and the size of this signature can

be smaller, it also supports multiple signatures. This is also in line with the

small size of the Internet of Things, so CMG has developed its own

SDSchnorr algorithm based on Schnorr.

At the same time, CMG abstracts the underlying encryption

algorithm library and replaceable channels of algorithms to meet the

algorithm and security requirements of different Internet of Things

31 / 55

applications. Among them, the wallet and address names are

interchangeable in the underlying block.

3、CMG Smart Contract

Each Internet of Things device that can access the Internet has a

unique global identification after being given an "identity" on the block

chain, which can be used to identify the credit identity. Each smart

contract is the same as an ordinary wallet and has a unique public address.

The difference is that the private key of the smart contract will be

discarded when the contract is created, so no one can send the digital

assets inside after the smart contract is created except the consensus

mechanism. In view of the uplink demand in the Internet of Things, which

focuses on monitoring events, that is, the holder of the Internet of Things

32 / 55

equipment can set the intelligent contract, data storage path and data

bookkeeping amount in advance, so that the whole network can

broadcast and store digital records. In the event of relevant abnormal

events, CMG's intelligent contract requires mandatory, strong real-time

and full-automatic triggering under the supervision of the block chain. The

trigger condition data is also the data protected by the block chain, which

is accurate, safe, reliable and cannot be tampered with.

4、CMG Consensus Algorithm

Consensus mechanism is a set of mechanisms designed by

distributed books to ensure the accuracy and consistency of stored

information, which is mainly determined by business and performance

requirements. CMG is a comprehensive and complex heterogeneous

system. Internet of Things equipment involves a wide range of industries,

dense services and various communication protocols, so it requires high

security and performance of the underlying block chain. CMG has solved

the problems of security, high performance and trust according to the

above characteristics, and has the following characteristics:

(1) Based on the block chain algorithm, a Leader is elected from all

network nodes, and the new block is generated by the master node.

(2) Each node broadcasts the transactions sent by the client to the

whole network, and the master node sorts the multiple transactions

33 / 55

collected from the network to be placed in the new block, stores them in

the list, and broadcasts the list to the whole network.

(3) After each node receives the transaction list, it executes these

transactions according to the sorting simulation. After all transactions are

executed, the hash summary of the new block is calculated based on the

transaction results and broadcast to the whole network.

(4) If one node receives 2f (f is the tolerable number of SAFT nodes)

and all the digests from other nodes are equal to itself, a commit message

will be broadcast to the whole network.

(5) If a node receives 2f +1 commit messages, it can submit new

blocks and their transactions to the local block chain and status database.

2.8 CMG design principles

CMG follows three design principles: expansion principle, stretch

principle and safety principle.

1、Expansion principle

Each module application of CMG is loosely coupled, and it is easy to

add new modules. The update of each module itself does not require

changes in other module interfaces.

2、Stretch principle

The access of CMG applications is fluctuating. If a large number of

users access a node, it will inevitably bring the consequences of node

34 / 55

service crash. Therefore, the node container itself can be deployed

automatically, and horizontal expansion can be realized when the user

request is under pressure.

3、Safety principles

CMG supports multi-channel characteristics. Data between different

channels are isolated from each other, thus improving isolation security.

CMG supports pluggable architectures, including consensus, rights

management, encryption and decryption, multi-module of book

mechanism and other types.

2.9 CMG application scenario

1、Global Full Channel Block Chain Digital Cash Financial Products

Trading

CMG is not only used as a frequent consumption currency in daily life,

but also provides users with high-quality financial asset transactions in

accordance with the law, including but not limited to stocks, foreign

exchange, futures, etc., thus integrating high-quality financial assets from

all over the world and providing investors with a one-stop high-quality

financial asset trading platform. CMG uses digital cash as the medium of

transaction and uses digital cash's global liquidity to allocate high-quality

assets, while providing new application scenarios for the development

and growth of digital cash.

35 / 55

2、Merchants Access CMG Payment Ecosystem with One Click

Merchants around the world can easily access the SDK provided by

CMG to their websites and apps with one click. You can accept cross-

border payments from users around the world, The platform-wide SDK

allows merchants to minimize the time and manpower for access payment,

Users only need to pay encrypted digital cash to quickly purchase exotic

goods. CMG provides services in real time and with low handling fees.

Using block chain as a fund channel can realize real-time and security.

Merchants can manage all orders in these payment channels through the

merchant management background provided by CMG commercial

platform.

3、Cross-border Payment Solution

In traditional cross-border payments, they often face risks such as

high transfer fees, long settlement periods, slow receipt of accounts,

limited transfer quotas, and freezing of funds. These risks often bring

unnecessary losses to the operation of enterprise users. Cross-border

payment is difficult to make breakthroughs under the traditional financial

system. The frictionless, real-time and efficient decentralized payment

network that CMG can provide is an effective tool to solve the pain points

of cross-border payment.

4、Building Global Credit Cornerstone and System Construction

36 / 55

CMG is characterized by decentralization, point-to-point, openness

and transparency. Data exchange between nodes is verified by digital

signature technology without mutual trust. At the same time, it provides

technical guarantee for the credit system of the industrial chain with the

help of traceability and accountability technology.

CMG deploys intelligent contracts, and the contract program is

automatically executed. Both parties to the contract cannot cheat. Only

when the contract conditions are met will the process release or transfer

funds and make its own contribution to creating a trustworthy market for

global trade.

5、CMG + Mall Consumption

CMG will complete a new type of global encrypted block chain

network mall based on the underlying application of block chain

technology. It has a freer, faster and safer open source system for block

chain mall transactions, supports public chain building scenario

combinations, public chain building application combinations and multi-

currency conversion transaction combinations.

6、Application of Global Decentralized Foreign Exchange Trading

With the development of CMG, more and more users will use CMG

applications. At the same time, they will come from all over the world,

have different cultural backgrounds and use different legal tender. CMG

37 / 55

provides a solution for the mutual conversion between different legal

tender. At the same time, the system will also provide services for users

who need foreign exchange transactions and cross-border remittance.

In the application of CMG decentralized foreign exchange trading,

there will be acceptors of various legal tender, and anyone can become an

acceptor. Acceptors obtain digital assets anchored to the value of legal

currency, such as stable currency USDT, by mortgaging assets to CMG,

such as bitcoin, wiki currency, Ethereum, etc. These digital assets have an

anchored exchange rate of 1: 1 with their corresponding legal tender. For

example, users can use USDT to purchase assets denominated in the

corresponding legal tender on CMG at any time, and can also use USDT to

withdraw cash at any time, providing a channel for capital circulation.

7、The World's First "Block Chain + Intelligent Payment + Intelligent

Contract" Ecosystem

Starting with block chain technology, CMG is committed to

developing block chain + intelligent payment + intelligent contract to build

a decentralized payment ecosystem that supports finance, Internet of

Things, supply chain, BC games, etc. It enables ordinary Internet users to

feel the value of block chain technology and expand the application of

block chain technology in the field of payment. At the same time, it makes

the intelligent contract of block chain more landing and more in line with

38 / 55

business rules, builds a bridge from the real world to the block chain world,

and provides better support for financial services.

39 / 55

40 / 55

3 、CMG community

3.1 CMG governance structure

Digital cash CMG is a native encrypted digital token officially issued

by global transactions. The first stage will be generated on the Ethereum

based on intelligent contracts. The second stage will be generated on its

own based on its own public chain and will be used as the only basic digital

cash of CMG public chain for settlement, trading and intelligent contract

performance.

The total amount of CMG issued in digital cash is 568 million, the final

circulation is 56.8 million, the initial price is 0.1 CNY, the data cannot be

changed, and the circulation will never be increased. Digital cash CMG is

distributed to different holders according to certain rules and proportions,

of which a certain proportion of CMG will raise funds for appropriate

groups in an appropriate way for the bottom construction of block chain,

product module research and development, application ecological layout,

overall operation and maintenance of CMG public chain, etc.

CMG holders in digital cash can participate in voting to produce

bookkeepers, and can also jointly participate in deciding on major issues

related to the Foundation and CMG public chain platform.

41 / 55

3.2 CMG ecological construction

Continuous development and optimization of CMG platform,

completion of code open source work, reward outstanding code

contributors in the community; Jointly carry out research and

development of block chain technology with ETH Ethereum and develop

relevant payment terminal equipment, so as to realize that enterprises

joining the chain adopt unified and fully compatible equipment and

enable them to smoothly transition to CMG public chain system.

3.3 CMG incentive mechanism

1. Deduction of transaction fees. The transaction fee for financial

products on CMG platform is recommended to be paid in the form of CMG,

and users will get a certain discount when using CMG payment method.

2. Community feedback. Participating in voting is the main way for

CMG token holders to participate in community governance. CMG token

holders can participate in voting activities (such as super node

contribution selection, etc.);

3. Purchase financial products. Financial products certified and

released by the platform can be purchased through CMG tokens. Users

can use CMG tokens to purchase in digital cash such as BTC or USDT, and

some CMG tokens can enjoy some discounts.

4. Release financial products. Holding a certain amount of CMG

42 / 55

tokens can become a super node of CMG platform. The super node has

the right to issue financial products, and obtains a share of product

transactions and a certain proportion of trading and mining rewards.

43 / 55

44 / 55

4、CMG planning

4.1 Token description

CMG, whose English name is Cheesemonger assets (CMG), is also the

name of tokens on Chicago's platform and is a decentralized settlement

token.

CMG is a settlement token based on block chain technology, which is

used to provide settlement of transactions such as transaction conversion,

investment and exchange platform in digital cash on the Cheesemonger

Platform. CMG is a transaction medium provided by users in the system.

CMG is the only token in the entire Chicago merchant ecosystem.

Tokens are required for any data interaction and asset exchange. When

the ecosystem is formed, data interaction becomes a high-frequency

event. At this time, the demand for CMG from all sides is continuously

increasing. CMG token holders will obtain investment value from it.

4.2 Access

1. Transactions or services, through the purchase of tokens on the

Cheesemonger platform or the use of digital cash exchange, etc.

2. Other people transfer and obtain CMG tokens through other

people or exchange.

45 / 55

4.3 Issuance method

The total amount of CMG issued in digital cash is 568 million, the final

circulation is 56.8 million, the initial price is 0.1 CNY, the data cannot be

changed, and the circulation will never be increased.

113.6 million, accounting for 20%, are held by the founding team and

released at 2%/year after 3 years of locked position.

Issue Steps: Round A Issue: 6.8 Million CMG; Round B Issuance: 10

Million CMG; Round C Issuance: 20 Million CMG; Round D Issuance: 20

Million CMG;

The remaining 70% of the 397.6 million coins were released by the

56.8 million coins issued through numerical calculation and recovered and

destroyed by the issuer, keeping the total market circulation at 56.8

million.

4.4 Instructions for the use of funds

(1) Human capital salary: Human capital salary accounts for about 35%

(2) Brand promotion: Business development and brand promotion

account for about 55%

(3) Office management: Office management accounts for about 5%

(4) Product upgrade: The part of product upgrade accounts for about

46 / 55

10%

4.5 Circulation program

1. Issue tokens constantly according to the plan, and recycle and

destroy them if they exceed 56.8 million yuan, so as to ensure that the

total amount of coins held is constant and the quantity is scarce.

2. It has a variety of different programs, allowing people with

different needs of different individuals and enterprises to have a variety

of choices, including direct consumption and payment, direct

consumption and service, and direct cash withdrawal. Transfer

transactions, etc.

Office management5%

Product upgrading10%

Human capital compensation

30%

Brand promotion55%

Instructions for use of funds

Office management

Product upgrading

Human capital compensation

Brand promotion

47 / 55

4.6 Development process and planning

48 / 55

49 / 55

5 、CMG team

Graduated from National Research Nuclear University MEPhl -

Moscow Engineering Physics Institute with double degrees in

engineering and economics; Has 14 years of development experience

in data architecture; Has worked in the Central Bank of the Russian

Federation and the Savings Bank of the Russian Federation. He is

mainly responsible for database construction and is currently the

CMG Digital Ecological Data Architect.

Chief Alcot

Investment Adviser Prescott

A master of financial management from a British university,

who worked for Morgan Stanley Investment Bank, has his own

unique views in the field of transaction payment. He has

successively invested in EOS, Filecoin, Cybermiles and other high-

quality projects, observed and participated in the community

construction and operation of several encrypted digital asset

projects, and is mainly responsible for investment consultancy in

CMG.

Chief Technology Officer Worthington

The core development members of the big data platform take

the lead in CMG core index calculation, task monitoring, task

scheduling and task optimization, and participate in anti-cheating

and recommendation algorithm research. As an early follower of

block chain technology, he has conducted in-depth research on

bitcoin, Ethernet and EOS source codes, contributed codes to several

open source projects and submitted security vulnerability patches.

In CMG lead product development, block chain technology

implementation.

50 / 55

Operation Management Garfield

Top enterprise architecture masters who have designed and

diagnosed item-level architecture for many well-known enterprises

such as Google and Amazon; He is good at transforming weaknesses

for enterprises, the core mentor to stimulate team spirit, and also the

brand strategist to help enterprises open up a high-speed

development mode. He once helped a well-known sales team to

create 100 million US dollars in sales in one year, and is regarded by

numerous teams as the soul architecture master who can win and

penetrate the hearts of the people.

Technician Hudson

Developers of public chain and Dapp, core developers &

maintainers of XDAG open source project, contributors of multiple

block chains and open source projects, co-founders of Consensus

Way and TeamTaoist Studio, are BMDB2 and network

communication experts, senior iOS/Android/block chain engineers

of block chain technical experts, former Lucent Bell Labs technical

engineers and project managers.

At present, he is the person in charge of B01 intelligent contract

development with 14 years of development experience and 3 years

of only contract development experience in block chain. He is the

industry leader of intelligent contract technology. He has rich

experience in the development of block chain technology and has in-

depth research on Node, Angular and React JS.

Technician Ryan Lame

51 / 55

52 / 55

6 、CMG statement

This White Paper has expressly stipulated that the Foundation does

not make any representations or warranties (especially regarding its

marketability and specific functions) regarding CMG or CMG vocabulary.

Any consumer who participates in CMG's public sales plan and purchases

CMG is based on his own understanding of CMG and the information in

this white paper. Subject to the foregoing, all participants will receive CMG

after the CMG Project is launched, regardless of its specifications,

parameters, performance or function. CMG hereby declares that it does

not recognize and refuses to assume the following responsibilities:

1. Any consumer who purchases CMG violates the anti-money

laundering, anti-terrorism financing or other regulatory regulations of any

country;

2. When purchasing CMG, any consumer violates any representation,

warranty, obligation, promise or other requirements, and the resulting

non-payment or inability to withdraw CMG;

3. For some reason, CMG's public sales plan was suspended. Due to

CMG development failure or delay, CMG cannot be provided or delivery is

delayed;

4. Use of funds raised from public sales; Any participant discloses,

loses or destroys the private key of encrypted currency or token;

53 / 55

5. Any risk factors disclosed in this White Paper, as well as damages,

losses, claims, debts, fines, costs or other adverse effects related to such

risk factors.

54 / 55