Initial Coin Offering · • DXC is 100% backed by cash which is deposited in government guaranteed...
Transcript of Initial Coin Offering · • DXC is 100% backed by cash which is deposited in government guaranteed...
Initial Coin Offering:
Digital Exchange Commercea mobile payments platform
The Cash Back Appa mobile loyalty platform
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A Joint Venture to turn loyalty into Digital Currency
that is 100% cash backed and appreciates in value with every transaction
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DXC Token:
A new Digital Currency that is 100% cash backed
Earned by Shoppingno expensive mining
The only energy we burn are calories
when our members shop!
1 Problem: For Consumers
One third of the population is living under financial stress
• Wage growth does not match increases in the cost of living
• 38% of people feel they have little job security
Two thirds of American households live pay check to pay check
• 68% of households would find it difficult if their pay was delayed for a week
• The median bank account balance for U.S. households is $4,500
2 Problem: For Merchants
Card fees cost US merchants $88 billion last year
• Plastic has overtaken cash as contactless payments rise to 60% in Australia
• In the US and Sweden more than 80% of payments are cashless
Customer loyalty is not working like it once did
• The average consumer is involved in 14 loyalty programs but engage with only 7
• 48% of customers don’t feel their loyalty is rewarded
3 Problem: For Cryptocurrency
Mining costs and overall security
• Mining bitcoin is 3 times more expensive than mining gold, uses more energy than Ireland
• 20% of all bitcoins issued to date have been lost forever, total value lost $9 billion
Price volatility and acceptance as a means of payment
• Cryptocurrencies can rise by 20% and just as easily fall by 20% in a few hours
• Cryptocurrencies are a risky “Asset”, Exchanges are not regulated, they’re not widely accepted
1 Solution: For Consumers
Give consumers financial assistance
• The Cash Back App is free to download and use
• The average family could receive $2,000 cash back each year on living expenses
Give consumers an opportunity to supplement their income
• Anyone who shares the app builds a “Shopping Community” and earns residual income
• Affiliate commissions of $3,000 income each year are possible by sharing the App 3 x by 5 levels
2 Solution: For Merchants
Eliminate Card fees
• The Cash Back App has zero transaction costs for wallet 2 wallet and card attached payments
• A business with $1m annual card sales @ 1.0% fee pays out $10,000 each year
Improve Customer Loyalty
• 83% of customers prefer cash back as a loyalty reward
• Emotionally engagement customers spend 2 X more (Average shopping basket)
3 Solution: For Cryptocurrency
Eliminate mining costs and provide total security
• DXC is earned by shopping there are zero transaction or energy costs
• Our KYC and AML policies ensure that you will never lose your keys or DXC Tokens
Stabilise the price and enable acceptance• DXC is 100% backed by cash which is deposited in government guaranteed banks
• DXC is instantly redeemable for cash and is accepted at all participating merchants
• DXC is Digital Currency and is never at odds with local government monetary policy
1 How it works: For Consumers
Download the Free App
Consumers register and become members
Use the App to find participating Merchants
Purchase Goods & Services
Receive cash back on all spending
At the end of the day any unspent cash is
converted into DXC Tokens
Helping Others
The App makes a separate donation to
the Members nominated Charity
with every purchase
Shopping Community
Members who share the App receive
Affiliate Commissions on the value of all
spending up to 5 levels of referral
2 How it works: For Merchants
Business listed on the App
POS device provided at no cost
Merchant pays between
5% & 12% commission
Merchants use the App to target new and existing customers
Powerful Data
The App provides the Merchant with customer and
transaction data including, Name,
Gender, Age Bracket, Post Code, & Spend
Zero Card Costs
The App eliminates card transaction costs for physical or digital
card payments.
Merchants can achieve significant cost savings
via the App
Shopping Community
Merchants who share the App receive
Affiliate Commissions on the value of all
spending up to 5 levels of referral
2 How it works: As Digital Currency
Members get cash back when shopping
Each time a member shops they receive cash
back that is paid to their mobile wallet.
Members can use their cash back at their
absolute discretion
DXC Team & ICO Participants
Each time a member shops an equal amount
of cash is deposited into the DXC Treasury
Account
Cash converted into DXC Tokens
At the end of each day all unspent member cash and cash in the Treasury Account is
converted into DXC Tokens
DXC Tokens are a Valuable Asset
The DXC Token increases in value every time a member shops
as new cash is deposited into the DXC Treasury account with
every transaction, it’s a mathematical fact
1 Key Competitor Differences
90% of sales occur in Physical Stores
The App uniquely provides Members with
instant cash back.
Few competitors in this space. Many
caveats on how and when cash is accessed.
10% of sales occur Online
The App also provides Members with cash
back at thousands of online Merchants.
This is where the majority of
competitors exist.
Cash Back on Services
The App provides Members with cash back on services like
Electricity, Telco, Finance, Insurance, Accommodation, Travel, & more.
Shopping Community
Affiliate Commissions incentivise both
Merchants and Members to share the App.
Amazon built its business on affiliate marketing
which accounts for 40% of its revenue.
2 Overall Retail Market
Brick and Mortar Retail
$4,217B
Online Retail
$577B
Overall Market: Phase 1 Countries Total population 457M our target 4M active users (USA, UK, CAN, AUS)
DXC/TCBA Retail Target Sales
$32B
Cash Back Distribution
Participating Merchant
DXC Token TCBA
Member Shopping Community
DXC Team ICO The Cash Back App
Convert to DXC Tokens
35% 35% 15% 15%
Commission
Member Value Proposition
Use cash back at your absolute discretion
Hold cash back as DXC Tokens and watch them grow in value
Share the App with others and build a 5-level affiliate income
Help your favourite charity every time you shop
Member
Convert to DXC Token
Shop & Get Cash Back
Shopping Community
Charity Donation
1 Token Distribution
Infinite Supply & Controlled Emission
• There are an infinite supply of DXC Tokens toreflect the recurring nature of shopping.
• A finite number of Tokens are created eachyear for each country of operation
• Tokens are distributed daily over the course ofthe year.
• Tokens that are cashed out are burnt to keepthe economy in balance.
Distribution
• 50% of Tokens to Members for Shopping
• 25% of Tokens to Pre & ICO Rounds
• 25% of Tokens to DXC & Reserve, TCBA, & Bounty
3 How Cash Back Creates Token Value • The following table is a simplified example of how the
Cash Back generated by members spending createsvalue in the token.
• The example assumes that 2,000 Members on a givenday spend $200 at merchants that are paying DXC/TCBAan average commission of 5% and 1,000 Tokens areissued each day.
• 70% of the commission in cash is distributed to DXC:• 50% paid to the Members for shopping• 25% paid to the Pre & ICO Investors• 25% paid to the DXC Team
• 100% of the DXC Tokens are distributed as follows:• 50% to the Members for shopping• 25% to the Pre & ICO Investors• 25% to the DXC Team
• Using the above example, all Tokens have a value of$14.00 which is the actual cash at bank for which theycan be instantly redeemed.
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DXC Token Value Example 2000Members Shop
$200 Total SpendSpend Per Person $400,000.00
Commission5%
$20,000.00
DXC Affiliates TCBA70% 15% 15%
$14,000.00 $3,000.00 $3,000.00
Members Cash Investors Cash DXC Cash50% 25% 25%
$7,000.00 $3,500.00 $3,500.00
Token Value Token Value Token Value$14.00 $14.00 $14.00
500.00 250.00 250.00Members Tokens Investors Tokens DXC Tokens
50% 25% 25%
1000Tokens Issued
Per Day
3 Token Economics• The following table is a simplified example of how the DXC Token increases in value with every transaction by accumulating more and more cash in the DXC Capital
Account. The example starts at day one with 100 members shopping and grows rapidly each day for 5 days before slowing to a moderate steady growth.
• The average spend per day in the example is $200 at a 5% commission with 70% distribution to DXC.
• Each day 50% of members cash out and to further illustrate the viability of the platform on day 7, 100% of all Token holders’ cash out (i.e. to simulate a run on thebank) which does not adversely affect the Token price which goes from $7.00 the day before to $13.30 the next day as members continue to shop and earn cash back.
• At all times, the Token is 100% backed by cash held in Trust/Escrow at a Government Insured Bank.
Day Total New Interim Tokens Token Interim Tokens Out Token Cash Tokens in Token Members Cash Cash Balance Issued Balance Token Price 50% Out Value Balance Circulation Price
1 100 700$ 700$ 1000 1000 0.70$ 700$ 1,000 0.70$ 2 200 1,400$ 2,100$ 1000 2,000 1.05$ 500 525$ 1,575$ 1,500 1.05$ 3 400 2,800$ 4,375$ 1000 2,500 1.75$ 500 875$ 3,500$ 2,000 1.75$ 4 800 5,600$ 9,100$ 1000 3,000 3.03$ 500 1,517$ 7,583$ 2,500 3.03$ 5 1600 11,200$ 18,783$ 1000 3,500 5.37$ 500 2,683$ 16,100$ 3,000 5.37$ 6 1700 11,900$ 28,000$ 1000 4,000 7.00$ 500 3,500$ 24,500$ 3,500 7.00$ 7 1800 12,600$ 37,100$ 1000 4,500 8.24$ 4,500 37,100$ -$ - -$ 8 1900 13,300$ 13,300$ 1000 1,000 13.30$ 500 6,650$ 6,650$ 500 13.30$ 9 2000 14,000$ 20,650$ 1000 1,500 13.77$ 500 6,883$ 13,767$ 1,000 13.77$
10 2100 14,700$ 28,467$ 1000 2,000 14.23$ 500 7,117$ 21,350$ 1,500 14.23$
Member Spend per day 200.00$ Commission 5% 10.00$ DXC 70% 7.00$
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4 Token Sale Pre-ICO & Timeline
Lock Up PeriodThe token issue date is the date when DXC launches the token in The Cash Back App. At that time the following Token recipients will be locked up for 12 months, allPre-ICO tokens, ICO tokens, all DXC Team tokens, all TCBA tokens, and all Bounty tokens will be locked up for 12 months, from the token issue date. ERC20 contracts,as required, will be issuable when the lock up period is complete.
Round Date Funds Raised
Pre- ICO Public Sale Round 1 $0.10 USD 1 May 2019 – 30 May 2019 (4 weeks) 45,000,000 Tokens @ $0.10 = $4,500,000
Pre- ICO Public Sale Round 2 $0.20 USD 1 June 2019 – 30 June 2019 (4 weeks) 45,000,000 Tokens @ $0.20 = $9,000,000
ICO 30% Discount Price $0.70 USD 1 July 2019 – 31 August 2019 (8 weeks) 45,000,000 Tokens @ $0.70 = $31,500,000
ICO 20% Discount Price $0.80 USD 1 September – 31 October 2019 (8 weeks) 45,000,000 Tokens @ $0.80 = $36,000,000
ICO 10% Discount Price $0.90 USD 1 November – 31 December 2019 (8 weeks) 45,000,000 Tokens @ $0.90 = $40,500,000
Token Generation and Issue Date 31 January 2020 Total = $124,500,000
Shop and get cash back
Share and receive recurring income
Watch as DXC Tokens increase in value
Support your favourite charity