FUTUREXCRYPTO THE FUTURE OF MONEY WHITEPAPER

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1 FUTUREXCRYPTO THE FUTURE OF MONEY WHITEPAPER

2 Read this notice very carefully. Consult your own legal advice before engaging in any activity. Neither we nor any third party service provider shall be liable for any kind of damage or loss, including direct and indirect, that may fall upon you as a result of reading this whitepaper, materials produced by FXC or using the Futuresxcrypto websites at: NO OFFERS OF SECURITIES, ADVICE OR SOLICITATION This whitepaper is intended for informational purposes only. It is not intended to be investment advice, solicitation of any kind nor an endorsement. Any decisions or actions taken on the basis of information presented in this whitepaper, the Futuresxcrypto websites or other content is done at your own risk and discretion. The projected performance of the project. Completion of the campaign. The expected development of the project Execution of the Project s vision and strategy. Future liquidity, Working capital, and capital requirements.

3 VISION At FUTURESCRYPTO, Our vision is to disinter mediate access to sophisticated investment pla9orms previously reserved for the ultra wealthy and the well connected. By democratizing our pool fund, we can offer a previously unattainable level of service, diversification, and transparency in wealth management to the casual investor. At the heart of our mission is the aim to use decentralized block chain technology to distribute the tools and information necessary to allow the individual to compete with the resources and scale of major financial institutions, thus eliminating the market advantage provided to them by a system of gatekeepers and intermediaries. Ultimately, we envision a future of financial markets driven by liquidity of information and the agency and autonomy of the individual investor.

4 ABSTRACT About eight years ago, a pseudonymous cryptographer known as Satoshi Nakamoto introduced Bitcoin as a digital analog to gold: Limited in supply, but secured by modern cryptography, and made for the internet age. Following Satoshi s footsteps, many tried to improve on Satoshi s original vision, and thousands of alternative Cryptocurrencies were born. Despite significant recent developments and innovation, the market for Cryptocurrencies remains very niche. Cryptocurrencies still have shortcomings that discourage mainstream use, in particular high volatility and barriers to entry. It s also worth noting that existing Cryptocurrencies have not been designed with Islamic markets in mind. While the 1.6 billion Muslims make up over 23 percent of the world population, many Muslims simply can t use Cryptocurrencies because of their restricted legal status and high barriers to entry in many countries in the Islamic world. Future X Crypto Coin aims to solve these issues by using blockchain technology to create a new kind of Cryptocurrency, where each coin is backed by one gram of gold at launch. In addition, each transaction of Future XCrypto Coin (FXC) generates a small transaction fee which is reinvested in more gold (net of admin costs), thus increasing the amount of gold that backs each Future X Crypto Coin. Therefore, each FXC increases in real value over time, making Future X Crypto Coin unique among Cryptocurrencies.

5 FXC Limited Downside Unlimited Upside The history of fiat currency is a history of volatility. The average lifespan of fiat currency is only 27 years old5. Even if a currency survives, invariably it will experience inflation. With central banks having the power to print as much currency as they please, combined with the destructive effects of inflation, the purchasing power of fiat money experiences a steady decline. The world s oldest fiat currency, the British pound, is an excellent example: it has lost 99.5 percent of its value since inception. Historically gold is more resilient, and holds its worth better than any fiat currency, particularly in times of economic instability. No currency can guarantee absolute stability, but Future X Crypto Coin limits your exposure to the downside risk. Since the base price of Future X Crypto Coin is always at least equal to the spot price of gold, Future X Crypto Coin has a floor price. What s more is that usage and market demand also adds a premium to the value of Future X Crypto Coin. Therefore, Future X Crypto Coin has a three-part valuation system to determine its market price. The first part is the Gold Value (GV), with the value being determined by the spot price of gold. The second part is the present value of the transaction fees reinvested to buy more gold (TF), with the value being determined by the usage of FXC. The last part is the Demand Premium (DP), with the value being determined by market demand. This creates the following formula for the market price: Future X Crypto Coin Value = GV + TF + DP

6 CRYPTOCURRENCIES Bitcoin and alternative crypto currencies are starting to see widespread adoption. The main innovation behind crypto currencies is that, instead of relying on a trusted third party, transactions are recorded and propagated in a distributed ledger known as blockchain. This allows transactions to be trust less, censorship-resistant, permission less and private. Once a transaction is confirmed by the blockchain network, it becomes irreversible: it can t be charged back through a dispute process like other forms of money transfer. Cryptocurrencies promise to radically change how we do banking by removing artificial barriers caused by legacy financial institutions, allowing for: True peer-to-peer payments anywhere in the world. Minimal transaction fees and processing time compared to traditional banking. Payments between pseudonymous parties ensuring financial privacy. Non-reversible transactions preventing chargeback's and fraud.

7 TECHNICAL SPECIFICATIONS FutureXcrypto Coin uses a unique proof-of-stake blockchain with over 3 months of development by expert crypto currency engineers. Our fullycustomized blockchain takes inspiration from Bitcoin, Dash and Black Coin. All transactions are near-instant and private. We strengthened the consensus mechanism by introducing trusted nodes operated by verified entities. The cumulative 2.5% transaction fees distributed in a block reward to the trusted nodes will maintain a secure blockchain. The Future X Crypto Coin blockchain block size limit is 1MB with an average 1 minute block time.

8 Decrease risk: Our goal is to create a safe and trustworthy environment for the community to trade and access their Cryptocurrencies. Lower cost: We aim to reduce the service fees that are offered by payment aggregators. In the current market, cross border payments processing takes up to 5%-8% of the total amount. Furthermore, the buyers have to wait for days, sometimes weeks for payments to be processed. As a businessperson, this is not sustainable because it slows business operations. We aim to not only offer low costs, but a seamless and transparent payment process as well. Merchants get a wider client base: By accepting Cryptocurrencies as means of payment, merchants will be able to attract whole new groups of customers since Cryptocurrencies know no borders or other limitations. This will enable them to expand their operations to new markets and offer additional goods and services. For initial token backers: Those taking part in the ICO have an opportunity to fund a project with real value beyond mere speculation. Apart from being tradable on the FXCrypto exchange, the FXC Coins will be used to lower the fees of virtually all FXCservices and to access exclusive hard- and software. To gain access to these benefits, the customer needs to transfer the FXC coins to FXC, resulting in a smaller supply on the market. Holders of the FXC coins will, therefore see a gradual appreciation in value with time.

9 We have already installed Multi Crypto currency ATMs in 70 locations spanning 4 European countries. Every week new locations are added to our network. We offer two distinct ATM models, enabling us to adapt to a variety of market situations. Our compact one-way ATMs allow the customers to purchase a wide range of Cryptocurrencies, while our two-way ATMs also offer the option to exchange Cryptocurrencies for cash. Additionally, NFC support for digital payments will soon be added to all machines. The ATMs meet the highest quality and safety standards while requiring very little maintenance: with a power- and internet connection you are ready to go. We also offer mobile hardware solutions. While continuing the expansion throughout Europe, FutureXrypto has already formed cooperation s with partners in many South East Asian countries - such as Indonesia, Hong Kong and Japan to name a few - who will help with the distribution of our ATMs on a large scale

10 GROWTH WITH EVERY TRANSACTION Each Future X Crypto Coin transaction generates a 1% transaction fee, up to a maximum of 1 FXC. Unlike other Cryptocurrencies, in Future X Crypto Coin, 70% of this fee is reinvested to buy more gold and increase the amount of gold that backs each token. As transaction volume increases, more gold gets added to the vault and all Future X Crypto Coin owners share in the profit. So, over time, the value of each Future X Crypto Coin rises by design. This makes Future X Crypto Coin a unique asset whose value increases perpetually. 25% of this fee will be used for development & Operations. 2.5% will be donated to Charities and 2.5% will reward miners (POS staking).

11 The transaction volume for a new crypto currency is typically low. To address this, we will be introducing a variety of tools for rapid realworld adoption of FutureXcrypto Coin as a currency. FutureXcrypto Coins are issued and redeemed for gold via the GoldGuard platform. Following the ICO, the OGCs can be bought, sold and traded via any major crypto currency trading platform. A new payment gateway, YalaPay, will be launched for FutureXcrypto Coin Coins. Besides fiat conversion, YalaPay will include marketing tools such as a white label loyalty program for merchants, featuring special offers, and discounts for customers. The model will be first introduced in Dubai and Abu Dhabi, with the payment institution license already in place. A Gold Guard MasterCard debit card ( Liquid Gold ) will also be created, which will work across the globe in ATMs, POS systems and online. It will be possible to recharge the Liquid Gold card with Fiat, OGC or Gold through our payment gateway, online or through Gold Guard ATM machines

12 Smooth Entry and Exit With Gold Guard Buying and selling Cryptocurrencies like Bitcoin is not always an easy task. Depending on where you live, there may be no obvious entry and exit point. Mining Cryptocurrencies is even more difficult, requires costly equipment, and is definitely not for the average user. This is one of the reasons we are doing our ICO with Gold Guard, offering the investors an easy way to acquire Future X Crypto Coin Coins. Once a Future X Crypto Coin is issued, it can be redeemed for physical gold from Gold Guard at any time. Any Future X Crypto Coin redeemed for gold or equivalent in fiat currency is sent to a publicly verifiable burn address, permanently removing the coin from circulation. Gold Guard is licensed with Dubai Airport Free Zone (DAFZ) to trade jewellery, namely gold. Established in 1996, within the boundaries of Dubai International Airport, DAFZ is one of the fastest growing Free Zones in the region. While Gold Guard has a license to operate in Dubai, the gold we buy are safeguarded by logistics and transportation experts from our gold suppliers/storage providers. Our gold suppliers and storage providers are located in Dubai and Singapore. All accounts at Gold Guard are asset-backed, audited by PwC, and insured against theft and damage.

13 Giving Back to the Community Giving back to the community and setting a good example for others is central to how we do business. We seek to contribute to social and economic progress both globally and locally. With that in mind, we created the Future X Crypto Coin Foundation (OGF). OGF will take 2.5% of the total transaction fees that Future X Crypto Coin products generate and donate it to local and international charities. By sharing our success, we aim to bring relief to the lives of the less fortunate. OGF supports the principles of Islamic sharing and caring. The Future X Crypto Coin community is contributing, through corporate social responsibility, to humanitarian causes.

14 INITIAL COIN OFFERING (ICO) Coin Name Futurexcrypto (FXC) Algorithm Scrypt Type PoW/PoS RPC port P2P port Total coin supply coins Premine coins coins Coin Price* Fixed to 0.02 USD Pre ICO start date November 22 nd, 2017 CEST Pre ICO end date January 11 th, 2017 CET

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16 Business Plan

17 At Futurexcrypto we are guided by the principle that in the IT service industry you have to keep innovating and introducing new products in order to stay competitive. Additionally, as a young and dynamic sector, the crypto currency world is constantly in motion. This forces companies to proactively adapt to the development of the market situation, following the motto: The early bird gets the worm.

18 More features to come FXC is permanently and actively working on improving the existing systems and services. Online wallet support for additional Cryptocurrencies will soon be added, together with an ever-growing list of tradable Cryptocurrencies. An attractive and transparent affiliate program, which anyone can join, is already well underway: Our affiliate partners will receive 20% of all fees their recruited customers pay. Development of ios and Android Smartphone apps for the exchange will soon begin, allowing you to never again miss rapid price fluctuations on the crypto market. We expect to deliver a finished product by mid 2018.

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