WHITE ALEA JACTA EST. version 1.0

Transcription

1 WHITE ALEA JACTA EST version 1.0 PAPER SEPTEMBER 2017

2 I. Abstract II. Introduction 6 III. Product description Cryptocurrency industry. Overview of the problem to solve «What is Revizor?» or cryptocurrency community of the new level How does it work?...8 Technology..8 Impact on the market. 11 Development plan Consumer advantages Long term goals IV. Conclusion V. References

3 I. Abstract What is the difference between the fourth industrial revolution and the third? Perhaps the fact that from the knowledge economy we are moving to an economy of fundamentally new relations: between people, business, government and machines. Decentralized, transparent and fast relationships that providing trust. The first industrial revolution was made by a loom. Loom of the second was conveyor. Of the third is the Internet. 3

4 What can become a loom of a new era? Many leaders of the scientific world see this conveyor as a blockchain. Perhaps this is precisely the element that will give a start to the development of the economy of mutual relations. Why exactly blockchain? There are several reasons for this: Blockchain allows to create a decentralized system of relations. Transaction information have several members that ensures trust between them. Blockchain is a secure system. It can not be turned off or hacked. Special technology builds chain of blocks in such a way that adding an unauthorized transaction becomes impossible. Blockchain has a synergistic effect. We are often faced with the need to follow the chronology of previous interrelated events. This takes a lot of time and resources. Blockchain allows to do it in a split second. 4

5 What areas of our life will change blockchain? This list is quite large and constantly expanding: registration of property rights, keeping the land registry, buying and selling property, mortgages and liens, smart contracts, trading operations and supply chain management, civil status certificate, education certificates, medical insurance. The fourth industrial revolution, like the three previous ones, will increase the imbalances in the world and again divide its map into countries with a new technological reality and incapable of reproducing technologies [1]. 5

6 II. Introduction Introductio The key innovation of the market for crypto currency is that it by definition is an alternative to the financial market, which is controlled by the states. At the same time, governments actually have a monopoly in creating the conditions for business, under which its effective development is possible. Often, the implementation of certain ideas becomes impossible due to the corruption of the state apparatus, which creates huge barriers to attracting capital. Thus, we are on the verge of business reform. This is the value of blockchain technology, which made the creation of crypto-exchanges and assets possible. Also one of the arguments for the huge prospects for the development of the crypto-currency space is that according to the Google report, since the beginning of 2017 the number of search requests for crypto currency among users has increased by more than 250%. The number of requests for types of crypto-currencies has increased by 560% since the beginning of the year. The total number of requests for mining in the reporting period increased by 560%. [2]. 6

7 III. Product description 1. Cryptocurrency industry. Overview of the problem to solve. In the era of the development of new technologies, with the appearance of such phenomena as bitcoin and many crypto assets, large companies and private investors are faced with false and inefficient projects in crypto-currency space. It should be noted that the nature of the crypto currency market should not be regulated by the state, which does not negate the need for a process of its self-regulation. 2. «What is Revizor?» or cryptocurrency community of the new level. Revizor is an innovative project in the field of regulation of the crypto-currency market, the main task of which is to create software tools that would filter a wide range of assets by absorbing unpromising tokens. Advantages of RevizorCoin is that to date there is no similar project in blockchain. About a thousand different coins as a result of the introduction of Revizor will be absorbed, making it possible to blockchain system cleaning. RevizorCoin is the only coin that does not need mining, as its owners will constantly increase their capital in a certain arithmetic progression after each absorption of illiquid coins. Revizor is the first crypto-derivative. The absorbed assets will be considered publicly on our channel and in social networks. Among them there are interesting projects, but due to the shortage and lack of advertising these projects did not gain the declared capitalization and lost value. After the acquisition of such coins, an auction is held by us for auctioning the crypto-derivatives of illiquid tokens, which will be of interest to individual companies for the completion of these projects and their relaunch in an improved form. 7

8 3. How does it work? Technology The principle of Revizor is the creation of a range of tools that allow filtering exchange flows from deliberately unrealizable and fraudulent crypto assets. Part 1 It envisages the creation of online RevizoR exchange system of illiquid crypto assets on RevizorCoin. The exchange will be made automatically. For each category of coins will be established its profitable course for everyone. The degree of liquidity of a particular crypto asset is ultimately determined by the market itself. By exchanging this project`s coins for RevizorCoin, the owner has a second chance to return their investments and thereby participate in the RR. For example, on 2015, one cryptocurrency project attracted 6,019,420 USD for 24 hours. As of September 22, 2017, its value is $ with a zero capitalization level. This speaks first of all about the failure of the project. And we see such projects very often. 8

9 Part 2 A good addition to the analysis of courses of crypto-currencies and crypto-active assets, ICO, implementation of various projects in the crypto-currency area is their comprehensive coverage through the media. It is attracting new participants to the blockchain system that makes it stronger. It must be understood that "any advertisement is the engine of commerce". It should be noted that most of the information in the Internet space is unreasonable and without analytical conclusions. Since Revizor's goal is to identify unpromising projects that reassure many participants and do not fulfill their obligations, there is a need to filter information on the crypto currency. At the same time, there is a deficit of objective information in the crypto-currency space. Among the resources that it provides, can be called bitcointalk forum. While the need to reach a larger audience is still relevant. An outstanding example of the influence of the media on the crypto-currency space can be considered the following event: after the complete ban of ICO and currency exchange operations with crypto-currencies in China, there was unconfirmed information that the Chinese government instructed to completely stop the work of crypto-exchange exchanges. As reported by the Chinese news service Caixin, the market immediately reacted with a decline in almost all digital currencies [3]. 9

10 That is why one of the priorities for the Revizor team is the creation of its own television channel. Revizor Coin TV will expand the crypto-currency information space on the sphere of television. Among the fundamental rules of its existence can be called the following: 1. The information flow on RevizorCoin TV will be based entirely on clarifying new technologies for improving the blockchain, conducting new ICOs, creating opinion polls, etc. 2. The TV will be broadcast in three bands around the clock in a wide range of broadcasting formats. Thus, we will be able to reach the maximum number of audiences. 3. Also, an online broadcast via the Revizor`s website is being prepared. 10

11 Impact on the market Revizor will significantly reduce the number of inefficient crypto assets. This fact is a positive influence on the market for the following reasons: from this, the creators of other tokens will win, to which attention will be attracted and, accordingly, the freed investments advantages exist for the crypto-currency market in general. This is because there is a direct correlation between the growth in the number of successful and reliable projects and the arrival of new investors on the market, whose interest will increase significantly the crypto currency market with the help of Revizor will be rid of the reputation of the soap bubble, the pyramid as there will be a filtration of the market from assets that have a high level of investment risks. With the help of RevizoR algorithms it will be possible to easily predict the degree of benefit from conducting an ICO. 11

12 Development plan Regulation of coins` issue Total issued 800 million RevizorCoin: - 30% of coins will be distributed at the ICO stage conditions for the exchange of illiquid coins: buying 1 RR on the stock exchange, a purse is opened with the possibility to exchange illiquid tokens to this purse - 70% of coins are reserved for the exchange of illiquid crypto assets on RevizorCoin this project is necessary in connection with the daily receipt of these currencies * The situation described above is hypothetical. The purpose of the example is to show an eventual scenario. 4. Consumer advantages. The key advantage of the existence of the Revizor project for both traders and other private investors is that as a result of cleaning the crypto-currency market, it will systematically fill it with those assets that are only promising from the point of view of their implementation. 12

13 5. Long term goals. The main long-term objective of Revizor is the fundamental reform of the crypto-currency market, which will facilitate its transition to a qualitatively new level. The market regulation process is possible only by filtering it from false and ineffective projects in its implementation in the crypto-currency area. Only such an approach is the only right one to achieve the maximum influx of new investments and, as a result, to achieve a new level of development of the crypto-currency community. 13

14 IV. Conclusion Summarizing, it should be said that with each passing day interest in blockchain increases exponentially. Along with a huge number of really important projects on the crypto-currency market, there are also those that use the laws of its functioning to extract their own profit without using the attracted investments directly for the implementation of projects in the future. Revizor is a revolutionary project that can filter the crypto currency market by exposing and absorbing bloated coins. Revizor will allow the market of crypto-currency to move to a qualitatively new level, and thus will be the starting point in attracting a large number of investments by increasing the level of confidence in crypto-active assets. 14

15 V. References 1. be m 15

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