OVERNODES The Payment Solution for Blockchain Jan. 2018 Overnodes Solution Brochure INFO@OVERNODES.COM This document is current as of the initial date of publication and may be changed by Overnodes at any time. Not all offerings are available in every country in which Overnodes operates. THE INFORMATION IN THIS DOCUMENT IS PROVIDED AS IS WITHOUT ANY WARRANTY, EX- PRESS OR IMPLIED, INCLUDING WITHOUT ANY WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND ANY WARRANTY OR CONDITION OF NON-INFRINGEMENT.
Overnodes has been founded to become a leading worldwide Payment Service Provider for businesses in the DoS (Decentralization of Services) industry. The increase of capital funneled into the Cryptocurrency market is expected to raise compliance requirements imposed by governments for the entire industry. As a company founded in S. Korea with one of the highest trading volumes and strictest regulations for Cryptocurrency, Overnodes understands the needs and requirements Token based services require for achieving success and growth. Overnodes understands businesses are figuring out how to address issues with complying with KYC AML requirements, enhancing user experience, simplifying non-crypto user onboarding procedures, and etc. We strive to provide impactful solutions tailored to help enable rapid global expansion of Token based businesses by addressing fundamental problems hindering growth for our partners. WWW.OVERNODES.COM JAN. 2018 1
The DoS Industry 3 Upcoming Hurdles for DoS 5 Overnodes Solutions 6 O V E R N O D E S O N E I D 7 O V E R N O D E S P A Y 7 Partnership Opportunities 8 WWW.OVERNODES.COM JAN. 2018 2
Identifying Utility Tokens The business landscape for all industries is witnessing an influx of new Tokenized business models. New entrants are leveraging Blockchain technology to bring more value to end users by eliminating traditional intermediaries. However, government regulations and global expansion requirements suggest Utility Tokens maybe the fastest to be adopted widely and the first to disrupt traditional business models. Overnodes has analyzed over 1,500+ ICOs in 2017 with Overnodes LABS and classified Utility Tokens using 4 broad classification standards. Why Utility Tokens? < CLASSIFICATION GRID > New business models implementing Utility Tokens disintermediate standard mediatory requirements from the past. Blockchain enables companies to reconfigure conventional business processes and revolutionize industry Best Practices. < DISINTERMEDIATION IN ACTION > WWW.OVERNODES.COM JAN. 2018 3
Disintermediation - Reduced dependency on Intermediaries - Decentralized network risks - Lower Costs Instant Payments - Near Real-time settlement process - Decentralized verification & validation process - Shared Immutable Ledger - Decentralized transaction management process High Transparency - Shared Immutable Ledger - Decentralized transaction management process Borderless Expansion - Unrestrictive global roll-out potential - Borderless Token economic structure encouraging ecosystem growth WAVE OF UTILITY TOKENS AND THE DOS INDUSTRY New entrants and existing players are anticipated to launch Tokenized business models to create new services that deliver more value to users. Existing players, including Telegram, will strive for innovation and more user engagement through leveraging Tokenized ecosystems. We anticipate this will usher in the new DoS (Decentralization of Services) Industry with waves of new utilitybased Token models. < THE NEW DOS INDUSTRY > WWW.OVERNODES.COM JAN. 2018 4
New and existing companies, businesses, and organizations implementing Tokenized business models are facing a plethora of issues as they head forward to materialize their visions. Regulatory concerns Despite the borderless potential Token economics enable, KYC & AML concerns may not be alleviated to DoS platforms for certain countries as users are exposed to price fluctuation of tradable assets that are listed on Cryptocurrency exchanges. Competition Concerns New entrants conducting ICOs and existing businesses adding Token components are coming out with similar business ideas to dis-intermediate standard best practices. The influx of Blockchain Token models enable expansion into global markets but may require DoS platforms to concentrate on rapid user growth to become a major industry player. Growth Concerns Early and Late Majority users account for 80% of the customer base for any industry. DoS platforms need noncrypto savvy users to come on-board and use Tokenized services to become a dominant player in both new and existing markets. Expansion Concerns Majority DoS platforms reliance on the Ethereum Network requires off-chain solutions if PoS implementation and scalability concerns are not timely addressed by the Ethereum Foundation. This may adversely affect service launch dates and hurt user acquisition plans for rapid global roll out. WWW.OVERNODES.COM JAN. 2018 5
Overnodes Solutions are designed to address the most pressing issues and concerns for DoS platforms. We understand the needs and requirements for rapid user growth and provide solutions that address both technical and regulatory concerns. User Pain Points After extensive analysis of the various Token models proposed in the market, Overnodes aims to reduce user pain points by concentrating on providing Easy Access, Convenience, Fluctuation Immunity, and Security to end users. < USER JOURNEY MAP WITH ExPERTY MODEL > Rapid ecosystem growth requirements Overnodes enables DoS platforms to address the needs of both Early and Late Majority users for rapid ecosystem growth, while also addressing the potentially vested Early Adaptors. < IDENTIFYING REQUIREMENTS FOR SUCCESS > WWW.OVERNODES.COM JAN. 2018 6
O v e r n o d e s O N E I D Single ID Login solution enables users to manage multiple accounts for accessing wallets and services into partnered platforms. Partnered platforms can expand their user base by providing an easy onboarding option for users registered with Overnodes. Users have a one-click registration option and not prompted to create a wallet for every new Token service. Key Benefits for Partners - On-boarding friendly: On-boarding method aimed to reduce new user registration drop off - Community Growth: Shared pool of potential users with Overnodes partners Key Benefits for Users - Crypto Phobia: Onboarding UI UX tailored for non-crypto friendly users - Convenience: Single ID & Password for access to partnered services - Service Awareness: Users informed of various value driving Token based services O v e r n o d e s P A Y Our payment solution is based on real fiat value for purchase of Token based service vouchers. Token service purchase options are denominated in local currency and available in $10, $25, $50, and $100 Vouchers (Denominations not finalized). After extensive legal review and consulting, Overnodes solution eliminates KYC AML requirements by providing non-transferable vouchers. Users purchasing vouchers are not perceived as participating in an investment activity. KYC AML requirements are expected to exist for users purchasing beyond approved voucher purchase limits, which is expected to be below $500. Discrepancies in refund policy requirements for different countries exist and currently under legal review. Key Benefits for Partners - User Acquisition: Various registration requirements eliminated - KYC AML Requirements: Purchase of service vouchers is not perceived as a form of investment and does not require KYC AML verification for users - Flexible Expansion: KYC AML will not be mandatory but enabled for service expansion Key Benefits for Users - Low Entry Barriers: Service access no longer requires Cyptocurrency Exchanges or multiple entry points - Price Immunity: Vouchers are meant to be purchased at-the-moment of service requirement - User-Friendly: Local currency-denominated interface - Easy Access: 3rd party service sign-up enabled and easy credit card registration for payments WWW.OVERNODES.COM JAN. 2018 7
We aim to open our services and solutions to all DoS platform providers interested in acquiring rapid user growth by initiating global roll out. We are currently underway finalizing legal issues for global expansion and reviewing possible refund policy tiers acceptable in different regions. We look forward to working with our future DoS platform partners and hope to help grow Token based ecosystems. Technical and Business terms may be requested by contacting us directly. Mail Contact for inquiry INFO@OVERNODES.COM WWW.OVERNODES.COM JAN. 2018 8