This is why we can go everywhere

Transcription

1 Whitepaper Ver Mar 2018 This is why we can go everywhere Tavitt (Thailand) Co.,Ltd. Copyright Tavitt All Rights Reserved.

2 1.About Tavitt 2 9. Functions Planned to Be Implemented in The Future Tavitt s Main Feature (Travel Recommendation Service) Tavitt Button Example of the Travel Recommendation Service The Amazing Function The Differences with Other Companies Search by Sport Function Target Demographic Multi-Lingual Expansion 7 2.Overview of Token Sales 3.The Exchange Where Trades Can Be Completed 3.1 Tavittcoins Can Be Traded At Waves 3.2 What Decentralized Exchange (DEX) is 3.3 The Difference Between Centralized Exchange and DEX 3.4 Corporations That Conduct Token Sales Using The Waves Platform 4. ICO schedule 5. About Dividend Distribution 6. Practical Use of Tavittcoin Tavitt Airdrop 8. Tavitt s Current Situation Search by Spots Function 9.5 Travel Management System 9.6 Tavitt Master Game 10. Profit Profile/Structure 11.How Funds Will Be Used 12.Road Map How to Buy Tavittcoin 14. Disclaimer 15. Outline of Company 16. Operating Sites List / Contacts Travel Destination Recommendation Service (already implemented) The Basic Function Calculation Procedure Comparison with Other Services Algorithm / Extension of TSP Solver Algorithm / Graph Expander Algorithm / Travel Time Converter 8.2 Destination Searching Function 8.3 Offering of Ample Travel Information 8.4 Tavitt Football Journey

3 About Tavitt TAVITT provides a travel destination recommendation service through a cross-database search platform. ( To highlight the true beauty of global destinations, we not only provide information on fascinating locations but also create content that inspires travel or excites travellers about discovering new places. Our core philosophy is, the belief that we ought to enjoy life through travel and the desire to provide life-changing travel experiences. Travel can have a huge impact on an individual s life. We aim to make LIFE a fun and incredible journey via a CUE or opportunity to travel. At TAVITT, we aim to provide such CUEs. 2

4 Tavitt Main Feature Travel Recommendation Service Tavitt s Travel Recommendation Service recommends the best and most efficient travel route for people to visit all the tourist attractions they select. Please think about the cue or chance for people to take action. I want to go to Spain and see this scenery. Even if they see pictures and videos which prompt them, it can be time-consuming and laborious for people to find about how much it would cost, how long they would need to be there and how to get there etc. If people use Tavitt s Travel Recommendation Service in times like this, they can quickly find out how much to budget, the number of days needed and the method of getting there. By seeing the search results, people may think It s cheaper to go there than I thought. Or I didn t know I could get there like this. People take the first step to take action when they understand these aspects of travelling. 3

5 Example of the Travel Recommendation Service For example, if someone wishes to travel the route below Tokyo -> Okinawa -> Hong Kong -> Thailand -> Bali -> Tokyo Tokyo -> Okinawa: 9,533 yen Okinawa -> Hong Kong: 7,222 yen Hong Kong -> Thailand: 7,368 yen Thailand -> Bali (Indonesia): 10,917 yen Bali (Indonesia) -> Tokyo: 64,081 yen Total flight time: 19.7 hours Total flight fare: 99,121 yen They are able to travel 3 countries and enjoy Okinawa with a budget like this.if people are given a 'cue' like this, people move, and this is directly related to our company s sales. To ensure people have a wonderful experience while travelling, Tavitt is planning to release a number of functions to help people from experiencing any issues at their destinations. 4

6 The Differences with Other Companies At generic travel searching websites, It is possible to search for flights between the place of departure and the destination as well as hotel information, but they do not have a Travel Recommendation Service which allows for people to tour various places. The act of booking flights and hotels is only done by people who have confirmed travel plans. Transportation Tourism Information Hotels Flights Tavitt provides not only information about hotels and flights, but also provides practical information about attractions, transportation, local tips. By doing this, Tavitt takes the stress and anxiety of travel away from travelers. We create the CUE for people to travel. Tavitt offers tourism information about the destination, must-see places in the neighborhood and various transportation between places. By offering travel information that the travelers didn t notice,we move people in deciding to travel, and this will lead to an increase in reservations and sales. At Tavitt, we combine flight ticket information from all around the world and suggest the best travel plan. 5

7 Target Demographic According to the Japan Tourism Agency, Between March 2016 and March 2017, the total amount travel agencies handled was trillion yen. The market of tourism consumption within Japan is 25.5 trillion yen. By looking at this data, the difference of 20 trillion yen is a representation of the amount of money people spend on travelling without going through travel agencies. Tavitt will contribute to the increase in this market. There is a difference of 20 trillion yen trillion yen 25.5 trillion yen the total amount travel agencies handled tourism consumption within Japan 6

8 Multi-Lingual Expansion Currently, Tavitt is providing services in Japanese only. In the future, we plan to support multiple languages such as English, French, Spanish and Chinese. According to World Tourism Organisation (UNWTO), In 2016, the number of travelers travelling to other countries increased by 3.9% from the previous year and was a total of billion. They predict that in 2020, there will be 1.4 billion people and in 2030, there will be 1.8 billion people. 1.2 billion 1.4billion 1.8billion trillion yen The international tourism revenue The international tourism revenue according to the 2016 data was 1.22 trillion USD (134.2 trillion yen). In this growing market of travel, Tavitt will support multiple languages so that we can provide a CUE to more people in the world. 7

9 Overview of Token Sales Token Name Term Cord Platform Tavittcoin Tavitt Coin TVC Waves / Ethereum Exchange Total Number Token Sales Price Number of Coins for Sale in ICO period Waves 100,000,000TVC 1TVC = BTC 1TVC = 0.001ETH 50,000,000TVC Coin Logo Special Note 30% of the gross profit margin will be distributed yearly as dividends. Dividends will be distributed depending on the number of coins possessed by the owner. 8

10 Tavittcoin tokens will implement a dual-blockchain structure The same number of Tavittcoin (TVC) being issued on the Waves platform will be issued on the Ethereum platform (ERC20). The maximum number of TVC distributed in the market will remain at 100million TVC, so there is no change to this. By implementing this dual-blockchain structure, users will be able to freely move/transfer to the Ethereum blockchain from the Waves blockchain by using the blockchain composed of Ethereum s smart contract. WAVES Platform Ethereum Platform 9

11 Technology, Specifications The maximum number of tokens issued in the market will be fixed to 100million TVC. Waves tokens with no marketability will be locked in the WAVES wallet, and any Ethereum tokens with no marketability will be locked to the Ethereum wallet. Users will be able to select the blockchain when they purchase TVC. WAVES Platform Ethereum Platform If users wish to transfer from the Waves token holder to the Ethereum blockchain, they should access the web interface that Tavitt manages. (Planned to be implemented by the end of April 2018) USER There, users can specify the ETH address and send WAVES tokens to the locked wallet. After the transfer, the ETH tokens will be transmitted immediately. Lock wallet Lock wallet If users wish to transfer from the ETH token holder to the Waves blockchain, it is the same process as above. The tokens on the Waves blockchain and the Ethereum blockchain will always remain the same, and it will never exceed 100million TVC. 10

12 The Merits of Implementing a Dual-Blockchain Structure 1. The risk hedging of technology If there is ever a significant technical issue or problem on either the Waves platform or the Ethereum platform, Tavittcoin tokens can be transferred to the platform which is safe with no issues. All transaction history is kept on the blockchain, so if either blockchains cease functioning, users can prove the transaction using the private blockchain that proves ownership. Once ownership is proven, tokens can be released from the safe blockchain and be issued back to the original owner. 2. The synergy effect of Tavitt, Waves platform and Ethereum platform The 3 synergy effects of Ethereum smart contract technology, Tavitt's travel recommendation service platform and the Waves platform will make payments and trades safe and certain, and it will create a life-changing trip. 3. The management of funds will be easier for users as they will have more wallet choices 4. The increase in the probability of the number of exchanges dealing with the token increasing 5. The expansion of uses by becoming a currency which corresponds with a number of standards 11

13 The Exchange Where Trades Can Be Completed Tavittcoins can be traded at Waves Tavittcoin can be traded at the Decentralized Exchange at Waves. It is already listed on the Waves Exchange, and it can be traded by creating a Waves wallet. For more details, please see How to buy Tavittcoins on page 37. What Decentralized Exchange (DEX) is? DEX (Decentralized Exchange) is where you manage your assets and trades on the exchange s blockchain. Waves is a platform which allows you to manage assets, send and receive funds and market trade. It is not run by a corporation or an individual, so instead, buyers and sellers deal with each other on the block chain. Through Multigateway, cryptocurrency such as Bitcoin and Ethereum as well as regular currency such as dollars and euros can also be handled. Until the funds are sold, it stays in the individual s wallet, so there is no need to move the funds to a centralized exchange. Therefore, there is no need to worry about losing the funds through data manipulation or hacking. All information such as trading history and remaining funds will be recorded in the blockchain. In addition, there is no spread (the difference between the asking price and buying price). The transparency, the high level of security and the fact that a middle margin is not taken like it is in a centralized exchange is being regarded highly, and it is expected to be the next-generation exchange. 12

14 The exchange where trades can be completed The difference between Centralized Exchanges and DEX Centralized Exchanges such as Poloniex and bittrex hold and trade user's funds. Centralized Exchanges are connected by the internet, so it is always in danger of being hacked. In addition, due to regulations, trades and withdrawals can be stopped or restricted at times, so there are risks from a 3rd party too. With DEX, funds are kept in your individual wallet, so there is no need to move funds into a centralized exchange. As a result, there are no risks of Central Exchange bankruptcy, the loss of funds due to hacking and 3rd party risks. hacked It is dangerous if the Centralized Exchange gets hacked. With DEX, user's funds are not held by a Centralized Exchange, so it is safe Corporations which conducted token sales using the Waves platform Burger King - the globally famous burger chain Incent - A platform for customer loyalty rewards built on Waves ZrCoin A project using synthetic zirconium and blockchain technology MobileGo A mobile game platform 13

15 ICO Schedule Tavittcoin (TVC) presales period 12am (JST) 1st March pm (JST) 31st March 2018 Tavittcoin (TVC) Cloud sales period 12am (JST) 31st March pm (JST) 30st April 2018 Tavittcoin(TVC) BOUNTY PROGRAM 12am (JST) 27st March pm (JST) 30st April 2018 Detail: 14

16 About Dividend Distribution Tavittcoin Dividends will be Distributed every year. Tavittcoin will distribute dividends every year. 30% of the gross margin profit will be distributed to the Tavittcoin holders at the time of settlement. The amount they receive will depend on the number of Tavittcoins they own. Our company has obtained the certificate from the Board of Investment of Thailand (BOI), so corporation tax is 0%. Therefore, it is possible for us to distribute the holders of Tavittcoin. Distribution Provisions 1.The settlement month is April 2.The distribution will be made to those who are owners at the end of April 3.The distribution will only be made to those who own more than 100 TVC 4.The distribution will be made 3months after the settlement month 5.The distribution will be made with cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) Board of Investment of Thailand is a government agency. It is an agency which has the authority to give preferential treatment for investments. 15

17 Practical Use of Tavittcoin Smart Contract We are planning to continue the development of enabling users to use cryptocurrencies such as Bitcoin or Tavittcoin (TVC) to pay for flights, hotels and package tours that Tavitt create when booked through Tavitt s [ Travel Recommendation Service ] User Hotel Reservation Website Smart Contract Order Recommendation Search Flight Reservation Website Apart from being able to make payments, Tavitt will use partnering flight ticket sales companies and hotel reservation websites to recommend the best trip for the user and make a smart contract. 16

18 Supposed use of Tavittcoin Practical Use of Tavittcoin 1. All expenses necessary for the trip can be paid with Tavittcoin The web service presented by Tavitt named Travel Recommendation Service TAVITT is undergoing development so that payment of flights, hotel reservations and package tours planned by Tavitt can be paid with cryptocurrencies such as Bitcoin and Tavittcoin. 2. Exchanges in each country are being established so that Tavittcoin and the legal tender can be exchanged When travelling overseas, there will no longer be the need to carry a large amount of cash with you. People can send Tavittcoin from their wallet to the exchange, and they will be given the equivalent amount in the local currency on the spot. If they end up with left over cash at the end of the trip, it is possible for them to transfer this amount back to Tavittcoin too. 3. The Traveler (travel provider) x Package Tour x Reward This is a platform structure that aims to allow the traveler to earn their travel fees while travelling. It will be possible to sell a package tour that you have devised through Tavitt s web service named Travel Recommendation Service TAVITT. We are entering an age where a number of people are no longer satisfied with regular package tours. There is a large amount of information available for famous tourist attractions, and it is common for first time visitors to make their way there easily. When they fall in love with one country and decide to go to that country again, they will start to look for information locally. In those instances, the places or restaurants that local people recommend have little information, so it can be difficult for travelers to get there. In general, there are no package tours being sold that take you to these types of places. On this platform, travelers can create their own original travel package and sell this for a reward. They can receive this reward in cash or cryptocurrencies such as Bitcoin and Tavittcoin. 17

19 Tavittcoin Platform Tavittcoin in local currency Traveler Flight Hotel Reservation Smart Contract Exchanges in each country Tavittcoin in local currency Offer original tour Get reward Travel provider 18

20 Practical Use of Tavittcoin Tavitt Wallet Tavitt Wallet will allow users to transfer Tavittcoin between the Waves platform and the Ethereum platform. Tavitt Wallet (beta version) By accessing this URL and making the application, users can freely transfer between the Waves blockchain and the Ethereum blockchain (ERC20 basis). At the time of the launch, only Tavittcoin (TVC) will be the only currency handled, but as development furthers, they plan to be able to transfer various cryptocurrencies. 19

21 Tavitt Airdrop Procedure 1. on Twitter and retweet the tweet below Under 300 followers Over 300 followers Over 1000 followers Over 3000 followers Over 10,000 followers Over 100,000 followers Over 500,000 followers Over 1,000,000 followers Over 2,000,000 followers 3TVC = approximately $3 5TVC = approximately $5 10TVC = approximately $10 30TVC = approximately $30 50TVC = approximately $50 100TVC = approximately $ TVC = approximately $ TVC = approximately $1, TVC = approximately $2,000 2.Send the Waves address by DM (Direct Message) Airdrop will be issued from 31st March 2018 in order of people who cleared the conditions first. Once the DM has been received and follow & retweet has been confirmed, it will be issued. Please note that if at 31st March 2018, we have not been followed, it will not be issued. This is only valid for one person/account only. If you participate using many different accounts, there is a change that TVC will not be issued. Tavitt will Airdrop a maximum of $500,000 equivalent in total

22 Tavitt s Current Situation Travel Recommendation Service (already implemented) 1. The Basic Function Tavitt s Travel Recommendation Service suggests the best route to visit all the tourist attractions selected in the most efficient way. While travelling, there is a need to visit many places they want to see in a limited amount of time. Therefore, how efficiently people travel between places becomes extremely important. Tavitt will suggest the most efficient route to travel in the limited amount of time. * Up to 10 destinations can be selected. At the moment, it takes time to calculate the route, so it has been set to a maximum of 10 destinations. From the backend of things, it can be set to have 100 destinations. 21

23 2.Calculation Procedure Tavitt s Travel Recommendation Service suggests the best route to visit all the tourist attractions selected in the most efficient way by the following method: 1. Accepts the 1 10 spots/attractions that the users have selected as an entry 2. Excludes the routes that have bad transfer efficiency by using a hypothetical transit time 3. Applies the actual transit time to the remaining routes, and calculates the route with the shortest transit time. The second step is implemented in order to decrease the time it takes to calculate the actual transit times. 3.Comparison with Other Services Many of the existing systems aim to search for routes between 2 places, but Tavitt s route searching system searches the route to travel from one point to many destinations (tourist attractions). In addition, this system considers many modes of transport such as planes, ships/ferries, trains, buses, cars (taxis) etc. Others

24 4.Algorithm / Extension of TSP Solver We have adopted an algorithm that combines the already known TSP solver with an extension that partially fixes/locks the order of transfer. In the diagram below, the 3rd spot is fixed. The TSP is solved by considering hypothetical transit time as the cost of the edge (the link between 2 points), and it will choose the route that it identifies as the most efficient. reject fix accept fix 23

25 5.Algorithm / Graph Expander While allowing small increases in total cost, this algorithm creates the most appropriate edge (the dotted lined arrows in the diagram below) to calculate new possible routes by using the proposed route that the previous algorithm calculated Algorithm / Travel time converter 3 This algorithm converts all the known costs of edges from hypothetical transit time to actual transit time, and from all the possible routes, it chooses the route with the shortest transit time. It does take some time to calculate the actual travel time, but because of the previous algorithms, the processing target edges are limited (the routes that have bad transport efficiency are removed); therefore, the total processing time is a practical number

26 Tavitt s Current Situation Destination Searching Function When searching for destinations, attractions/places can be searched by category. We will briefly explain how to use it. If you click on World Heritage Sites, a list of World Heritage Sites from around the world will be displayed. If you wish to narrow the results, you can search for the country using the search bar, and then, you can click on World Heritage Sites to see the list of World Heritage Sites in the country you searched for. 25

27 Tavitt s Current Situation Offering Ample Travel Information Basic information about 60 countries and about 5000 tourist attractions Information about the most suitable flights to the destinations Information about the time required to travel to destinations and about suitable means of transport Information about hotels close to the destination area Automatic acquisition of real-time exchange rates Automatic conversion function from other currencies to Japanese Yen Automatic display of weather information in each tourist attraction / spot for the next 2 weeks Automatic display of sunrise and sunset information in each tourist attraction / spot Plan to release an API for sunrise and sunset information 26

28 Tavitt s Current Situation Premier League Specialized Media Tavitt Football Journey ( We are producing game commentary, columns, team information etc. of England s Premier League by using our own distinct viewpoint. There are no forms of media in Japanese specializing in Premier League, so we are the only one media. It is said that there are over 1 billion people who are Premier League fans around the world, and this number is considered number 1. As there are special procurements for the World Cup or the Olympics, Premier League fans will use time and money to watch football games as their hobby. Tavitt is planning to implement a function that allows for users to search by sports type. This will allow users to search for the confirmed yearly schedule of the team they back, and it will provide them with the cost and method of travel for them to go and see the match. This sports media is being run to market Tavitt to the football fans around the world so that they use these services. 27

29 Functions Planned to Be Implemented in The Future Tavitt Button The Amazing Function Search by Sport Function Search by Spots Function Search by Intuition Function Travel Management System Tavitt Master Game 28

30 Explanation of the Functions Planned to Be Implemented in The Future Tavitt Button Tavitt Button is a function which automatically acquires the names of places written on the web, and it instantly displays how to get there,how much it costs to travel there and how long it would take from your current location. If the button on the website is clicked on Search how to get here! If you set up the Tavitt Button on your website, there is no need for the site administrator to describe how to get places, so it is a very convenient button. Set up is very easy and can be set up just as easily as a Facebook button. How to get there, the time and cost will be instantly displayed! If this button is set up on blog posts or on the map page of websites for shops or corporations, anyone can easily find out and understand how to get there. 29

31 Explanation of the Functions Planned to Be Implemented in The Future The Amazing Function With the keywords such as Asia December Island and some pictures, the AI will suggest the perfect destination for you. The Amazing Function is a service that AI (Artificial Intelligence) will choose a destination you want to go to. By selecting a few keywords and photos,it will show you the destination you have been underlyingly wanting to visit. It is possible to filter the results by setting up rules such as the number of days you wish to travel or your budget. Of course, the destination can be chosen from categories such as beach, ruins, World Heritage Site too. It is not easy to think of good travel destinations. By using the Amazing function, you will not need to worry about choosing a destination. 30

32 Explanation of the Functions Planned to Be Implemented in The Future Search by Sport Function The Search by Sport Function will allow users to search for when and where their favorite team or player (such as football, baseball, basketball, American football and martial arts) will play. In addition, it will be possible to search the confirmed yearly schedule. It will also search the number of days and budget for going to watch the game. Search by Spots Function The Search by Spots Function will determine the user's current location, and search the necessary spots/places such as currency exchanges, ATMs, toilets etc. By using this function, users can save time they spend looking for toilets and ATMs in a foreign location. 31

33 Explanation of the Functions Planned to Be Implemented in The Future Travel Management System The Travel Management System will automatically record the itineraries and places you previously travelled into My Page. Information such as the flight number for your flight, the name of the hotel you stayed at and the cost at the time will most likely be useful for when you decide to travel to the same destination again. Tavitt Master Game Tavitt Master Game is an online travelling board game setting in real world. The main character is you, so throw the dice and go on a journey. Once you arrive at your destination, you will be given items, stamps or gifts from partnering companies. You can aim to be a travel master by utilizing the items and gifts. 32

34 Profit Profile/Structure Advertisement income Travel Arrangement Adventure s Enterprise Sales of Overseas Travel Insurance Profit Program lease Sales of Flight Tickets API Hotel Reservations 33

35 How Funds Will Be Used Development and labor costs for functions planned to be implemented Implementation of smartphone version Implementation of ios and Android versions Implementation of multilingualization Set up a customer support center Management of sports media 34

36 Road Map Release of smartphone version Release of ios and Android version / /1 Release of Tavitt Button 2018 ICO Period 35

37 Road Map Release of the travel management system Implementation of the Search by Sport function Release of the Amazing Function Implementation of the Search by Spots function Tavitt Master Game 36

38 How to Buy Tavittcoin Open an account at a exchange Please open an account at an exchange like Bittrex or Poloniex. If you have an account, please proceed to 2. Purchase either Bitcoins (BTC) or Ethereum (ETH) If you already have Bitcoin or Ethereum, please proceed to 3. Send Bitcoin or Ethereum to our company s Waves wallet. For Bitcoin Paste below address into External Bitcoin Address box. 37YTFxsw1sD5hm8dqnyYdFKaCKNPNMptLz A minimum of 0.001BTC must be sent according to the rules on Waves For Ethereum Paste below address into External Ethereum Address box. 0xa5ab9f8133d93b3c1fbc5ba80fe313e72201ff18 A minimum of 0.001ETH must be sent according to the rules on Waves 37

39 Create a Waves Wallet Sign up to Waves Waves can easily be used as an extension of Google Chrome. Visit the Chrome web store and search for WavesLiteApp, then click on the + add to chrome button at the top right on pop-up window. Waves Wallet An account can be created through here too. Waves platform Once you open Waves, it will take you to a screen like this. Click on NEW ACCOUNT to start creating a wallet

40 Click on 'I UNDERSTAND' after reading and agreeing the New Account Notice on the pop-up window. Next, it will ask you to enter your name and password. It will be shown15 English words on 'WALLET SEED' Box. These words are called Seeds and are used for when you forget your password or for backups. Take a note of the words and the equivalent number and keep it somewhere safe as you may need it in the future. After this, enter a name and password. If you have done all of them, click on 'REGISTER'. 39

41 If you ever need to check your account information such as the Seed, private key, click on the backup icon (1st icon from the left) which is located at the top of the wallet page. ACCOUNT INFO BACKUP will appear and you can check your account information such as the Seed, private key. Please manage this page strictly and carefully so it is not known by others. The English words (Seeds) are set up to change every time you log in on a different device. Please take a note of the changes every time. 40

42 WHITELIST APPLICATION FORM Please click on the apply for white list button after you enter the required fields. Once completed, you will receive an automatic reply by , so please check you have received it. Once payment is confirmed, Tavittcoin (TVC) will be issued to the Waves address. Check that you have successfully bought Tavittcoin You can check your portfolio by clicking on the bag icon (2nd icon from the left). If Tavittcoin is in the ASSET NAME column and the BALANCE matches the amount you bought, the exchange has successfully been completed. Please contact us for any enquiries regarding purchasing method by ing the address below. While we endeavor to respond in a timely manner, there may be a delay in response if we are experiencing a high volume of enquiries. We appreciate your understanding regarding this matter. info@tavitt.co.jp 41

43 Check Tavittcoin Trading Information To check Tavittcoin trading information, please click on the icon third from the left. This will take you to the trading screen, so please enter the address below in the box to the left of the screen. BHBpgs1947KMUDp2QPFpGzEwkoipateSgCHfSs5Zm4aU Once this is entered, it will display Tavittcoin / BTC. For Tavittcoin/ETH trades, please enter ETH in the box to the right. Towards the bottom of the screen, you will see sell orders. This displays the current selling orders, so when you would like to purchase TVC, please click on one of the selling orders. Once you click the order, the amount in BTC will automatically be displayed under where it states Buy Tavittcoin. Please enter the Tavittcoin amount you would like to purchase in the amount section if different from the selling order. For example, if you buy 1 TVC for BTC, it will be displayed like the graphic on the left here. 42

44 Disclaimer Disclaimer 1. When purchasing Tavittcoin, please consider the risks and demerits carefully. This company cannot take any responsibility for any indirect losses, unexpected losses, derivative losses, illegal actions or any types of losses. 2. Tavittcoin is kept in Waves wallet, and in certain cases such as if the SEED or PRIVATE KEY is lost, the wallet becomes inaccessible. The buyer must accurately manage the SEED and PRIVATE KEY themselves because if they do not, it could lead to the loss of Tavittcoins. For these losses, this company cannot take any form of responsibility. 3. All Tavittcoin purchases are conclusive, so please keep in mind that no refunds can be issued. 4. Our company will attempt its best to release and start the new services as the roadmap shows; however, there are circumstances in which official releases may be delayed. 5. Our company will attempt its best for Tavittcoin to be listed at other main exchanges, but there is a possibility that this is not possible. White Paper, Token Sales Information Updates Buyer s Manifestation and Understanding 1. The buyer understands that all Tavittcoin purchases are conclusive and that refunds cannot be issued. 2. The buyer understands that the value of Tavittcoin can change largely just like other cryptocurrencies. 3.The buyer understands that owning Tavittcoin does not give any kind of right or power in relation to the structure, management policies or anything to do with this company. 4.The buyer understands and agrees to the fact that this does not equate to any valuable stock certificates or papers of any type in any jurisdictions. 5. The buyer recognizes that they are a non-resident of Japan. 6.The buyer understands that it will be considered that Tavittcoin was purchased because they have read the entire or partial whitepaper and that they understood and agree to the conditions and contents above. 43

45 Outline of Company History th May Establishment of Tavitt (Thailand) Co.,Ltd. in Bangkok, Thailand 24th June Approval from BOI (Board of Investment of Thailand) 11th July Tavitt trademark registration 1st September Release of TAVITT Closed Beta version 12th October Patent filed for Tavitt Program nd March Release of the function to search by destination 1st August Implementation of Expedia Hotel API Company Name Tavitt (Thailand) Co.,Ltd. 17th November Release of must see areas in the neighborhood function Establishment Location Capital Description of Business 16th May F Boonmitr Bldg., 138 Silom Rd., Suriyawong, Bangrak, Bangkok, Thailand ,000,000 THB Development and operation of Tavitt, software projects, web media projects th March Release of function to choose seat classes on flights 21st June Release of automatic calculation for sunrise and sunset information function 13th October Release of function to display real-time weather information 15th December Update of the function to search by destination th February Release of the function to show real-time exchange rates 5th April Renewal of Tavitt s Travel Recommendation Service 1st August Start of football media Tavitt Football Journey 6th November Release of the ability to choose up to 10 destinations th January Implementation of the stronger route searching function 21st February Release of Tavitt ICO whitepaper 44

46 Operating Sites List / Contacts [ Travel Recommendation Service Tavitt ] Corporate Site (Japanese) Corporate Site (English) Tavitt Football Journey Premier League Specific Media Enquiries info@tavitt.co.jp 45