dCipher Wallet

Version 0.8.5

Date: 17-Dec-2019

This whitepaper is a working document that is subject to review and changes

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Content

Content .......................................................................................................................................................... 2

I. Legal Disclaimers .................................................................................................................................... 3

II. Abstract – Executive summary ............................................................................................................... 4

Opportunity ............................................................................................................................................... 4

III. Mission, Vision, Core Values & Competence Areas ........................................................................... 6

IV. Execution ............................................................................................................................................ 7

Marketing & Sales ..................................................................................................................................... 8

Operations ................................................................................................................................................. 9

V. Distributed Platform ............................................................................................................................. 13

VI. Staking .............................................................................................................................................. 14

IX. Fiat Card & Merchant integration .................................................................................................... 17

The Card .................................................................................................................................................. 17

The Merchant integration ....................................................................................................................... 17

X. Crypto exchange ................................................................................................................................... 18

XI. Lending ............................................................................................................................................. 19

How Do Crypto Loans Work? .................................................................................................................. 19

Terms ....................................................................................................................................................... 19

Transparent process ................................................................................................................................ 20

Loan Repayment ...................................................................................................................................... 20

Loan Example .......................................................................................................................................... 20

XII. FAIL Token ......................................................................................................................................... 21

Release planning of tokens...................................................................................................................... 21

ETHMixer ................................................................................................................................................. 22

XIII. Crowdfunding projects ..................................................................................................................... 22

XIV. Token economics .............................................................................................................................. 23

XV. Team ................................................................................................................................................. 24

XVI. Roadmap .......................................................................................................................................... 27

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I. Legal Disclaimers

The purpose of this White Paper is to present dCipher company, dCipher Crypto Wallet and Fail Token

project. This project is a deflationary community project that transformed cryptocurrency in a social

game by using minting as a release operational process. Moreover, this project brought a community

impact into discussion, by starting a planting trees program that functions based on burnt tokens

whenever transactions are made between members of the community.

The information below should not be considered exhaustive and does not imply any elements of a

contractual relationship. Its sole purpose is to provide relevant and reasonable information to potential

token holders in order for them to determine whether to undertake a thorough analysis of the company

with the intent of acquiring Fail Tokens (FAIL).

Nothing in this White Paper shall be deemed to constitute a prospectus of any sort of a solicitation for

investment, nor does it, in any way, pertain to an offering or a solicitation of an or to buy any securities

in any jurisdiction. The document is not composed in accordance with, and is not subject to, laws or

regulations of any jurisdiction, which are designed to protect investors for future buys of FAIL tokens.

Certain statements, estimates, and financial information contained within this White Paper constitute

forward-looking, or pro-forma statements, and information. Such statements or information involves

known and unknown risks and uncertainties which may cause actual events or results to differ materially

from the estimates or the results implied or expressed in such forward-looking statements.

Nothing published by, or republished from, dCipher or any of its subsidiaries should be interpreted as

investment advice. Information is provided for educational and experiment purposes only. dCipher is in

no way providing trading or investment advice. Please consult with your appropriate licensed

professional before making any financial transactions, including any investments related to ideas or

opinions expressed, past, present, or future by the aforementioned entities and any future entities that

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may operate under the parent entities. dCipher does not intend to express financial, legal, tax, or any

other advice and any conclusions drawn from statements made by, or on, dCipher shall not be deemed

to constitute advice in any jurisdiction.

II. Abstract – Executive summary

dCipher brings in the market a deflationary cryptocurrency named FAIL Token, an ERC20 cryptocurrency

providing token holders with a share of its revenue. Thus, FAIL Token is launching both an educational

and ecological program that wants to educate people on the importance of taking care of the

environment. This program consists of, for now, planting one tree for each burnt token by its members

of the community.

Opportunity

Problem

After 2017-2018 Crypto boom, many people realized the capabilities of this new form of money

represented by digital tokens or Crypto currencies. However, this period brought also the limitations.

People had realized that it is difficult to buy Crypto when you really want it, as during the price spikes most

of the exchanges had difficulties in keeping their servers up, and services at a proper quality due to the

high number of people that were joining. In addition, when the markets started to collapse we could

observe the other side of it, the difficulty of selling the crypto tokens due to the same issue.

Another issue had proven to be the difficulty to spend crypto tokens on daily basis. In order to do so, you

had to sell the tokens on an exchange like Coinbase or Kraken, which were enabling Fiat to Crypto

exchange option. You could then send the money in your bank account, which usually took more than a

day. Another possibility was to use an ATM, in the countries where those are available. In both cases, the

fees were quite high, around 5%.

The above-mentioned issues are in contradiction with the whole purpose of Bitcoin and cryptocurrencies in

general, which is to provide a Financial Freedom or to help the unbanked. This is currently still just a far

dream as, the infrastructure is difficult to put in place and complicated for most of the people, not to

mention that if you are doing even small mistakes it is a high probability to lose your holdings.

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Solution

In order to resolve the previously mentioned problems, we aim to offer an user friendly interface that will

incorporates all the tools that will enable the user`s financial freedom, by putting the crypto and FIAT

currency holdings in the user`s ownership in a secure and friendly to use interface.

Our solution will not only provide the tools to spend the holdings, but also will enable our users to make

more money through our lending platform, trading services or investing platforms.

The lending platform will enable the users with FIAT holdings to lend money to people that are willing to

put Crypto as a collateral to get short and medium term loans.

The trading services will allow our customers to choose the desired trading platform and to trade the coins

directly from our wallet.

We will chose the most promising and trust worthy projects that are seeking for investments and we will

provide our clients a fast and safe way to invest and to follow the projects evolution

Market

Overall Cryptocurrency marketcap is worth 200 billion dollars, down from 800 billions. Compared with the

other trading markets, and adding the fact that this is a 10 years old market, it has the potential to get to

the same level with Gold Market, which is an almost 8 trillion dollar market

Competition

Being an all in one product, we are aiming three main markets that combined are worth more than $5

Billion in revenue for the existing players in 2018. These markets are:

1. The Crypto market – estimated to an over $250 Billion dollars, it is worth to split it in two:

a. Companies that are providing Crypto only services – these might provide some FIAT

services through third party companies. Here are worth mentioning Bread Wallet and Trust

Wallet that manage together over $15 Billion in assets for its customers

b. Companies that provide both Crypto and Fiat services – these are not that well developed

yet due to a tough legislation in most of the countries. The most known players are

Monaco and Wirex

2. The FIAT Market – Generating an estimated of over $300 million in 2019 so far, only to the two

main players, Revolut and Transferwise are allowing their customers to get the benefits of a quick,

cheap and reliable FIAT exchange service, that helps over 7 million people to get the best

exchange rates wherever they are.

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III. Mission, Vision, Core Values & Competence Areas

Our Mission

Deflationary currencies are some of the latest trials in the industry, which have limited opportunities to

succeed because it goes against the principle of current world economy. The current, so called, “rich

effect” determines people whose wealth increases, to spend more and more. Fiat is inflationary by

design, which apparently promotes economic growth, at least at the moment.

FAIL token tries to bend the limit of deflationary currencies even more, transforming it in a Social Game.

We are putting the distribution process in the hands of our community, and we try to make from FAIL

the most distributed currency possible. This is done by enabling a mint function for every token sent,

and also by adding a second function for a deposit in the mother account. Once we reach the total cap,

we start to decrease the cap amount by burning tokens, until we reach to our low cap amount when the

treasure box is opened for our remaining token owners.

Our Vision

Cryptocurrency in Every Wallet™.

In the same way that Uber is the largest transportation company that owns no vehicles and Airbnb is the

largest hotel company that owns no buildings, dCipher is on its way to becoming the largest financial

institution that controls no customer funds. And, FAIL token is to become one of the most important

educational programs that changes people’s lives and makes our environment a better place to life.

Our Core Values

Think Clearly, Be Resourceful, Stay Determined, Dream Big & Be Decisive, Act as Owners, Remain

Humble.

Our Competence Areas

Engineering, Compliance & User Experience Design.

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IV. Execution

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With the help of cutting edge technology, dCipher Crypto Wallet will empower financial freedom

between its customers. Artificial Intelligence and Blockchain will empower dCipher network by putting

at our customers’ service a set of tools that will enable a better connection between buyers and sellers,

between businesses and its customers.

Lending money and funding projects will no longer be a difficult thing to do, thanks to our native and

easy to use mobile app. Businesses will be able to integrate our native plug-ins in their online stores in

order to provide an easy and cheap way for their clients to pay with crypto for their goods or services.

Marketing & Sales

Marketing Plan

In the Fintech market, the marketing plan is vital to reach your customers, until your brand will manage to

be well recognized in the market.

Thanks to a side project of ours – Fail Token – a deflationary token – we have already a good social media

coverage with 2600 Followers on Twitter, and over 3000 community members on Telegram.

We are planning to extend our coverage thanks to Social Media and Google ads, to be able to reach to a

bigger audience, by investing up to $10,000 per month in the first year after we are launching the FIAT

services.

Together with the online campaigns, we need to be present at the main crypto currency events worldwide.

Each such event will require an investment of up to $20,000.

Sales Plan

The Sales plan differs based on each market.

a. Crypto Currency Market

We will build partnerships with exchanges to integrate them in our platform. Through this

integration, users will be able quickly to buy/sell from the exchanges and have the crypto

assets in their ownership. The main benefit will be that we will not restrict them from what

platform to use, they will be able to choose the preferred one between the already integrated

ones. Our fee will be 0.1% from the transaction. This will be split between the exchange that

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we are integrating and the customer. We will try to negotiate with exchanges to get at least

25% of the fee that they are requesting, in order not to double the overall exchange fee.

Another fee on this area will be the Fiat to Crypto acquisition, which will be initially done

through a third party solution, which is yet to be decided. In the second stage, we will get our

licenses to be able to provide our users our own proprietary solution for such acquisition.

b. Fiat Market

The Fiat Market generates revenue from the currency exchanges mainly, but also from Crypto

ATM withdrawals once we will enable our users to have Credit Cards. We are now analyzing

the possibility of providing different plans for the Fiat services, which will imply some monthly

fixed fees. For ATM withdrawal services, the fee will be decided based on the negotiations

with Visa/Mastercard, but most probably, it will be 2% after a certain amount.

c. Crypto Lending Market

As the current market is generating 2% revenue from the existing lending services, our fee will

be as well in this area. The customers, which will lend the money, will propose an interest,

which the customers that request the lending will have to accept. For our intermediary

services, we will perceive 2% from the amount.

d. Project Funding Market

The fees for each project funded will be negotiated with each project separately, based on the

project potential and amount expected. As a standard fee, it will be 10% of the requested

funding, but the amount could differ. There will be separate packages that will differ based on

the level of the promotion of the project on our platform and on social media or events.

Operations

Regulatory Requirements

All the services that we will provide are set to respect all the regulations that each country are having.

Currently the APAC region has the most flexible FinTech laws, followed by EU, and then only by US.

The crypto holding services will be available globally, but each of the other services that dCipher wallet will

provide will be restricted or allowed in that specific country based on the local regulation. We are planning

to release our FIAT and Crypto to FIAT services in at least 10 countries per year.

Technology

Before jumping into tools used to develop dCipher Crypto Wallet, it is mandatory to discuss the basics of

Blockchain.

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A definition is: “A blockchain is, in the simplest of terms, a time-stamped series of immutable record of data

that is managed by a cluster of computers not owned by any single entity. Each of these blocks of data

(i.e. blocks) are secured and bound to each other using cryptographic principles (i.e. chain).”

In other words, Blockchain is the technology that underpins digital currencies (Bitcoin, Litecoin, Ethereum,

and other). This technology allows digital information to be distributed, but not copied. You may hear it

described as a “digital ledger” stored in a distributed network.

Equipment & Tools

1. Android studio:

We turned to Android studio as dCipher main development environment, due to its popularity among

developers. Android Studio is a powerful tool created and supported by Google, and provides code

editing, debugging and testing tools all within a very user-friendly interface.

2. AVD Manager

AVD Manager is an emulator used to run Android apps on a computer, and as its own name suggests, it’s

an ‘Android Virtual Device Manager’.

This is another useful tool that helped us in the development process. AVD Manager allowed us to test the

responsiveness and performances of our app, on different types of Android devices.

3. Firebase

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Firebase is another Google platform, which main purpose is to help you develop high quality apps.

We used Firebase just for our internal chat room app, which includes possibility for authentication, hosting

and cloud storing our users messages into a much safer environment.

4. GitHub

GitHub is a great tool for teams larger than 2 developers that are involved in the same project. This was

the case for dCipher team as well, reason why this tool helped us structure dCipher Wallet app in Git

repositories.

Moreover, it helped us share projects, keep track of multiple versions of dCipher app, as well as manage

the project tasks while checking every developer’s performance.

For more details on how our project evolves, please check out the link below:

https://github.com/dCipherDev

5. C ++

C++ is a programming language used for sophisticated high-performance applications. This high-

performance being a result for its strong stability, high-speed and object orientation.

It is widely used nowadays for competitive programming, being very popular among blockchain projects

as well. Here we can share examples like: Bitcoin, Ripple, Bitcoin Cash, Litecoin, Monero, Eos, Stellar.

Moreover, C++ was used in writing Ethereum, Bitcoin and Bitcoin Cash core blockchain.

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All in all, we turned ourselves to C++ as well, as this was the programming language that could make

dCipher wallet a high performing app.

6. Java

Java is another programming language supported by Oracle, having as main purposes to reduce costs

and improve application services.

We used Java in the entire dCipher Crypto Wallet, apart from price interrogations where we’ve opt for a

much faster solution.

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V. Distributed Platform

Decentralized future is all that crypto believers dream about. A world in which there is no central

authority that can govern across communities, a world where consensus is the answer to all the

decisions.

However, in the current political and financial circumstances this world seems far away. We have

already witnessed a few attempts from Decentralized Autonomous Organization (DAO), but these failed

mostly because of human error, but also because of human greed. It really seems that we are not yet

prepared for a total decentralized world, and banks and financial institutions, that rule today`s world,

will continue trying to push this future as far away as possible.

However, thanks to Artificial Intelligence there will be a transition period of time, in which the human

behavior will change and the things around us will become more autonomous.

This is the vision that we propose. We want to empower people to build their way; we want to help

connecting all the human and technical capabilities in one, having the scope of empowering people to

take their own freedom. We don`t plan to build all the tools for that, we don`t want to build a bank, a

country, or a financial institution. We believe that by providing some easy tools for our customers to

build their own application, connect to any blockchain and have their financial liberty, there will be no

limit set.

Our plan is to begin by training AI to do repetitive tasks that can be slowly released from human hands

on robot hands. We will ensure transaction recording on a COSMOS blockchain, as a PoS solution. This

the best current solution that is also Earth friendly, as well as the cheaper solution than running but it is

also paves the way for future inter-blockchain operability by allowing to integrate with the Cosmos

world. The security will be ensured by our validators through the Staking process, that will be described

in the next chapter.

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By having the security problem solved, we can ensure that the rest of our solutions can run

independently and can

VI. Staking

Proof of staking (POS) is a consensus algorithm, which enables a miner to validate new transaction on a

blockchain platform by staking an amount of coins to ensure his good intentions. The more coins a miner

stakes, the higher is his validating power. In the case the miner will be caught trying to misuse his power,

his amount of coins will be seized and used to repay the good miners.

For example, Cosmos POS uses a partially synchronous Byzantine fault-tolerant (BFT) consensus

mechanism, that enables s simplicity, performance, and fork-accountability. Tendermint has also

protective measures for preventing certain notable attacks, like long-range-nothing-at-stake double

spends and censorship. More details on this can be found in the Cosmos whitepaper.

Validators will participate to the mining consensus and broadcast their votes to commit blocks under the

form of cryptographic signatures. Thanks to the Tendermint structure we will keep a fixed known set of

validators, each of them will be validated by their public keys, that will come to validate one block at a

time. Each round will have a validator that will propose the block, and that will act as a round-leader

which is chosen deterministically by their voting power.

VII. dCipher Desktop Wallet

Desktop Wallet in dCipher is a key component of dCipher software. Just like any other desktop

wallets, you need to download and install the wallet to your PC or laptop. dCipher Desktop Wallet 2019 ©

can be accessed only from the same computer or laptop. Desktop wallet is actually a safer form of digital

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wallet, if you use the computer or laptop personally at home. In dCipher, the desktop wallet is called

dCipher Desktop. It functions like METAMASK in Ethereum network. However, dCipher comes with more

user-friendly features. It is easy to manage, even by beginners. dCipher is also present in the form of

paper wallet. It is a piece of software used to generate a pair of keys, and then, the keys are printed.

On the other hand, there are still some risks associated with desktop wallets. When your computer or

laptop is hacked (while it is connected to internet) or when a virus attacks your PC or laptop, you may

lose all your funds, and you fail to gain access to the digital wallet. Therefore, make sure that the PC or

laptop that stores your desktop wallet is properly maintained and protected.

VIII. dCipher Android Wallet

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dCipher also offers a Mobile version for Android devices. This is the result of cellular app

development for the mobile users. This type of wallet enables the users to manage their wallet right from

their mobile phone. It means that they can access it anytime and anywhere. This is expected to enhance

convenience and comfort in managing the wallet. Hot wallet is accessible from any device, as long as it is

connected to internet. The cellular app is designed with all features owned by desktop wallet plus other

things such as: an internal chat, a game called Guess or FAIL (a game where you have to guess crypto

tickers, being rewarded at the end in crypto tokens called FAIL).

The cellular apps power the use of dCipher as a digital currency in the real world. This solves the current

problem with most of the cryptocurrencies. Few of them have cellular apps, while users are mostly

mobile. It is impossible to use digital currency to pay for goods or services in real world, if you can only

manage your digital assets using desktop at home, right? When dCipher is accepted by merchants

throughout the world, it will need a portable payment system. Here is where cellular app come in. The

mobile apps allow the users to check the transactions and dCipher balance anytime. We realize that all

the dCipher users are busy people. Therefore, we offer a convenient wallet management system to allow

the users manage the account right at their hands.

https://play.google.com/store/apps/details?id=com.androidwallet

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IX. Fiat Card & Merchant integration

The Card

dCipher Crypto Wallet will help customers to convert their fiat and cryptocurrency. This will provide our

customers a single system, unified, in which they can manage their assets without the risk of being locked

by a single financial institution.

Across the worlds, the dCipher Crypto Wallet users will be able to manage their personal assets, through

a few functionalities that include:

Full control of the personal assets

Funding international debit cards in real time

Access a vast and competitive exchange rates and fees

Easy personal financial management

Competitive terms for funding and Hassle-free KYC

The Merchant integration

Crypto point of sale (POS) We will provide the possibility to equip the regular business cashiers-desk with dCipher POS to increase

the market liquidity, to increase the availability and accessibility of the places where you can buy or sell

crypto, but also to provide everyday consuming options like: Mobile, Internet, Home TV & Utility Bill

payments.

E-commerce plugins Being in the internet era, and as the increase in the online transaction increases exponentially, enabling

the online stores to easily accept crypto payments, to support the cryptocurrency community. Secondly,

to increase the alternative for people that hold their coins and have limited options how to exchange

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them. Also this is a very good option for the stores, that, being crypto-friendly, would very much see a

spike in the sales thanks to this fact.

Crypto Payment APIs As we stated previously our belief is that the Sky is the Limit! And we don`t want to oppose to that. So we

will enable a user friendly API that will empower sending and receiving crypto payments, and exchange

them the desired exchange. We provide the backbone, so that our users can build their dreams.

X. Crypto exchange

Introduction the Decentralized Exchange (DEX) The potential solution to the dominance of centralized cryptocurrency exchanges is the decentralized

exchange or the decentralized exchange protocols (DEXs). These solutions are trying to build peer-to-

peer marketplaces between users directly & anonymously. Some try to take ideas from the structure of

centralized exchanges and add decentralized elements, while others take a more radical peer-to-peer

approach in the decentralization of digital asset trading. Most adopt the concept of an order book in

their design decision while some embrace a more peer-to-peer alternative of directly swapping assets

with others. An element which all of the decentralized exchanges share is their non-custodial nature.

Users remain in control of their funds only while trading on these platforms. Leveraging the potential of

smart contracts, users only give away control over their funds once the trade has been executed.

Currently, a common limitation of decentralized exchanges is low levels of liquidity given that most

trades are still done on centralized exchanges.

Centralized Exchanges Fast forward to 2018 and traditional centralized models of custodianship remain the dominant form of

storing and exchanging digital assets. The vast majority of digital tokens are currently stored on

centralized exchanges. The old structures of centralized store and exchange of value seem to have

persisted culturally as well as technically. The development of robust exchange platforms has become

critical to advancing the tokenized economy. As the cryptocurrency market goes mainstream, there is

massive demand on exchanges to quickly and securely facilitate digital asset trading for the masses.

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Our vision regarding our DEX Building a decentralized exchange is possible, but connecting to the desired one for the best rate is ideal.

We plan to make the life easier for both parties so that clients could easily access any desired exchange,

but also for exchanges to have an easy access to the customers all over the world through our Exchange

Hub. dCipher will have to enforce KYC protocol in partnership with KYC processors in order to meet the

criteria requested by the third party exchanges and money processors, to ensure compliance with

relevant international anti-money laundering legislation.

XI. Lending

How Do Crypto Loans Work?

Loans are a very common way for people to quickly access cash by putting an asset as a collateral. Similar

to traditional loans, in crypto loans the borrower will need to put a crypto asset as a collateral in order to

access some funds.

Terms

We don`t impose the terms, those have to be agreed between the lender and the borrower. The funds

will be released once the both sides agreed on terms and conditions. Borrowers will have to pay regular

interest. This could be fixed or floating and can vary based on specific factors like quality of collateral,

market situation and more.

One of the key aspects of the Crypto loans is the crypto volatility that currently characterize the market.

Once the value of the collateral drops under a certain level we will enable a margin call possibility when

borrowers will be able to call their loan back. Also they will be able to continue their loan by backing

further the collateral and extending it.

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Transparent process

Even though the KYC process will still be a must, the crypto backed loans, unlike the traditional ones that

require extensive verification, and tough documentation, process that takes weeks, are simple,

transparent and secure, being backed by a smart-contract system. The whole process will be monitored

by an AI, and will be deployed on a blockchain protocol in order to eliminate the possibility of disputes

and to increase the transparency and trust from both sides.

This will increase the flexibility, speed and process of the overall loan, becoming an almost instance

process once the parties settle on terms

Loan Repayment

You can repay all or part of your loan at any time by bank transfer or using crypto, including the assets

deposited in your dCipher Crypto Wallet.

Loan Example

Let’s say you want to buy a $10,000 car and instead of selling your Bitcoin, you would like to use it for an

instant crypto-backed loan from dCipher Crypto Wallet.

Loan Limit: $10,000 (available instantly)

Deposit Required: $20,000 (worth of BTC, which stays yours)

Interest: 8% per year APR (Annual Percentage Interest Rate – agreed with Loaner)

Daily Interest: ~$2.22 (debited daily from your available credit limit)

No additional fees. No hidden charges. No installments.

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XII. FAIL Token

Release planning of tokens

dCipher launched a token named Fail Token is FAIL, with a total supply of 500.000 tokens. The specific

distribution plan is as follows:

Percentage of total supply Distribution scheme Details

37.3 %

Airdrop

These tokens will be distributed

by our team as airdrop or other

incentive campaigns.

62.8 %

Minting each transaction between 1 and 10 FAIL tokens will mint the same amount, which will be reverted in the senders account

any transaction of more than 10 FAIL tokens will mint a total of 10 fail tokens

each transaction will also mint 2 FAIL tokens to a pool smart contract which will be open for everybody (details will be released shortly)

As well part of these tokens are used for development of dCipher wallet and FAIL token, market promotions, talent requirement.

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ETHMixer

ETHMixer is an Ethereum transaction mixer that utilizes parts of CryptoNote to enable zero-knowledge transactions, and this is what dCipher wallet wants to achieve in the end.

This is achieved when an ETH sender deposits a fixed amount cryptocurrency into a ETHMixer smart contract, allows the Gas fees involved, and provides the withdrawal address of receivable person.

The deposited amount is pooled with those of other senders’ funds, effectively mixing the supply, and

once a minimum threshold of tokens is reached, the individual receiver can withdraw their funds without

any “…way of telling who sent money to whom, only that the swapping of money took place.”

Because of the matching nature of these pools, it is presently only possible to send fixed amounts of ETH

– 2, 4, 8, 16 or 32 ETH.

Although 5 people are required to deposit similar amounts for the pools to be automatically triggered, it

is possible for end recipients to retrieve their funds with as low as 2 pool participants that confirm

accepting a lower level of privacy.

XIII. Crowdfunding projects

Crowdfunding is nowadays the best way to get funding for small/medium projects. Thanks to bank low

interest, institutional investors are now, not the only ones that are interested in investing.

You can use dCipher to get funding for just about anything, as long as it’s legal. Your dream could be a

startup company, a charitable project, a gift, a holiday or even a new car. All you have to do is to back

someone else’s campaign before you seek backing for your own. dCipher is ideal for people who don’t

have the contacts, skills, or funds to campaign in other ways

https://icorating.com/upload/whitepaper/ejlFmQXiIaLvaBsXD39xe09E7TtCRMnQdexi0MHW.pdf

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XIV. Token economics

Airdrop 37%

Mint Tokens 43%

Team 5%

Marketing & Advertising 15%

FAIL Token

Airdrop 37% Mint Tokens 43% Team 5% Marketing & Advertising 15%

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XV. Team

Claudiu Simon

This broad experience enriched Claudiu’s vision regarding the corporate directions, and team

management. Thanks to the projects in which he was involved he had the opportunity to be in contact with

the higher management of these companies and to learn from the best.

His passion regarding new technologies has lead him to discover blockchain and to understand its

capabilities and its current limits.

His strong functional, technical and analytical skills and the devoted approach recommend him as a leader

that can not only manage virtual and physical teams, but also to work side by side with its team members

to deliver the best possible outcome of the projects he is involved in.

Radu Andreescu

With more than 4 years of experience in PL/SQL development and Oracle EBS implementation and

customization, Radu enjoys working on complex projects as they challenge him to step back and look at

the big picture, which helps him think one-step ahead. Advocating for decentralization, Radu values the

importance of open source applications and technologies.

As new and revolutionary trends are emerging, Radu’s top priority is to get the latest information available

and effectively use it to develop business solutions, which boost efficiency and performance.

Fields of expertise: Oracle EBS (11i, R12), software development, IT & digital media, Solidity development,

detail oriented, business process development

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Sebastian Dirman

Passionate about web technologies and focused on developing new tools and technologies, he is a self-

starter and a very motivated developer.

With a background of 4+ years of experience in tech consultancy, he continuously works on refining his

professional skills, in order to deliver in full and on time the right solutions for the company he works for.

Fields of expertise: cyber security, Ethereum development, Oracle EBS consultancy, tech consultancy,

decentralization advocate.

Alexandru Dirman

An enthusiast self-taught developer, with 3+ years’ expertise in mobile and web apps architecture, smart-

contracts and Oracle EBS development.

Eager to adopt and develop innovative IT technologies, he loves to take on challenges and contribute to

blockchain development and adoption, in order to create a decentralized digital world, with the right

solutions for every business.

Always looking forward to meet great people, with a similar interest who wish to bring their contribution to

blockchain community.

Fields of expertise: software and blockchain development, Intrexx certificate developer, front & back end

development, Oracle EBS development and customization, team player and solution oriented.

Gabriela Tarabuta

With more than 8 years of experience in customer service, client and brand management in different fields

such as technical, financial, medical, gaming etc., she accepted the challenge to try crypto world as well.

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Passionate about words, communication and with a great interest in making every project a success, she

is on board with her customer-centric mindfulness that enables us to thrive.

Fields of expertise: Customer and Client Relations, Brand Strategy, Process Improvements, Management

strategies, Consultancy, team player, creative and innovation focused.

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XVI. Roadmap

Q4 2018 – Fail Token project creation started and the first coding line was written

Q1 2019 - dCipher Android wallet got released, listing the following assets: BTC-BCH-ETH-ERC20

Q2 2019 - ‘Buy crypto with Fiat’ implementation into dCipher Android wallet, and another 10 assets were

added

Q3 2019 - dCipher Android Wallet reached 500 downloads and a new release was published. This version

added FAIL Token https://play.google.com/store/apps/details?id=com.androidwallet

Q4 2019 - First batch of trees was planted https://www.youtube.com/wath?v=pFQYq3sSZdY

Q4 2019 - FAIL token exchange listing

Q1 2020 - dCipher Desktop Wallet will be released

Q2 2020 - dCipher Android Wallet release with ETHMixer implementation

Q3 2020 - dCipher DEX will be released

Q3 2020 - dCipher landing platform will be released

Q4 2020 - dCipher iOS Wallet will be published