BTSE is a financial technology company operating multi-currency spot and futures markets and providing related financial services through its custom-built platform. BTSE is gaining a lot of traction due to its key technological innovations, such as a multi-currency orderbook that provides deeper liquidity than individual currency pairs, next-generation matching engine that enables sub-millisecond transactions and significantly reduces the risk for system overloads, and horizontal scaling procedures that allow BTSE to upgrade services with near-zero downtime, which are severe issues currently plaguing the industry.
Current Status Since going to market in June 2019, through various user acquisition strategies, we have continuous growth of up to 1000 new registered users per day with 2K regular daily active users and overall platform trading volume of $70 million USD per day.
The global cryptocurrency futures market trading volume is around $10bn per day, we aim to take a sizeable chunk of the global volume, factoring in market growth. We are looking to achieve $400 million daily trading volume within 12 months.
The highly sophisticated and scalable platform that BTSE has developed will allow expansion into other areas of financial services and partnerships, giving BTSE some unique possibilities going forward. The Case BTSE has a proven platform of revenue, users, technology and traction. Implementing a token now, will take it to the next level, bringing about user growth, retention and widespread market adoption. The token serves as a key asset that will help grow the entire BTSE ecosystem and product offerings. We have taken the successes of existing platform token into consideration and innovated beyond that.
BTSE will tie four independent revenue streams to the tokenomics which has never been done before and ties into a buyback scheme where we take 30% of all revenue streams every month allocated to a liquidity pool that is then used to buy back tokens at market price until the supply has been halved. This should encourage scarcity as well as a reason to hold the token because of the myriad of incentives to do so, such as, interest bearing accounts, lower fees, and higher rebates, increased benefits and as a store of value which can be traded against.
The Offer We are looking to sell 50M tokens at $1 with tiered discounts and vesting depending on the discount. Funds raised will be allocated toward user acquisition to increase overall platform revenue, platform development and liquidity, as well as expansion into lending, OTC and mining markets.
The minimum investment size is $150,000 USD.
Personalize Your Trades Building the Infrastructure Layer for Financial Services. BTSE provides the suite of financial services lacking in the digital assets space that is common to traditional financial markets. The Platform
Spot & Futures Licensed & SWIFT Banking
Trading Regulated from UAE Support All-In-One Order Book Better Pricing, Deeper Liquidity
All trading pairs on BTSE share the same
order book, regardless of their quote currency (fiat and coin).
Smaller trading pairs see the
as larger pairs and can be traded at fair prices. This way, the all-in-one order book serves as a key driver of liquidity for altcoins. Choose from all currencies on the platform. which
Futures 2.0 assets to use as collateral and
settlement.
Fully Customizable Futures Contracts
High leverage to maximize their capital by controlling large contract values with a small margin. Technical Innovations High-performance Ability to process Efficient risk platform that management engine to securely , end-to-end facilitate per market
Impactful with real-time hot performance and for rapid upgrades security through a upgrades Supported Assets
with other platforms BTSE offers the most (e.g. Brave New Coin, profitable referral system Blockstream) on the market
Competitions & KOL communication and Campaigns collaboration with trading contests and notable personalities community activities to build brand loyalty User Acquisition
Paid Advertisements Trading Seminars
banner & ad placements, for traders of all levels in SEO & SEM international locations
Pro Trader Program Community Engagement
invitation-only program outreach to and collaboration for advanced traders with groups with a large following Analytics – 18 Nov 2019 Daily active users 2000 Daily signups 500-1000 Debit Card OTC
Spot Trading Futures Trading Insurance Fund Complex Orders Fiat Withdrawal
Fees upon trade liquidation Such as bot deployment
0.07% 0.04% 0.15% 0.14% 0.09%
White Label Token Listings
Platform Revenue Streams OTC Lending Extensive multi-channel settlement Institutional loans and collaterized network with continuous growth and lending in fiat and coins demand in Asia Customizable plans, consistent Transactions independent of the interest generation, profitable public limit order book liquidation model
Existing large ticket customer base Margin lending for leverage trades
Running Available Platform Revenue Streams Mining Mining operations hosted by Blockstream 300+ megawatts
Guaranteed hashrate
Partnership with renowned financial institutions
X Consistent revenue stream Expected return: 30% p.a.
Deployment in February 2020
Platform Revenue Streams Debit Card
Support for Instantaneous 24/7 Access to Convenient Fiat 0.9% Underbanked Transactions Funds On- & Off Ramp Margins Users
Implementation in November 2019
Token Utility
Trade it on Enjoy Access Receive Paid services:
both Token Listings
Advanced trading and functions Enhanced data feed Co-location Historical back-testing Projected Volume Monthly Trading Volume Monthly Service Volume In Millions USD In Millions USD
Jonathan Leong Brian Wong Joshua Soh Yew Chong Quak
CEO CPO COO CTO 15 years developing high 10+ years trading and 20+ years organizational Big data, cloud technology, performance, mission-critical financial technology and operational IoT, and cyber security systems experience experience specialist
Founder of a venture fund that Ex-Goldman Sachs Ex-Cisco and IBM Ex-SingTel and Macquarie invests in financial tech startups Creator of a successful high- speed trading venture @BTSEcom
/BTSEcom
hello@btse.com Appendix 1 BTSE USD 1.00 Early March 2020 200 Million Tokens USD 50 Million October 1, 2019, to February 2020
3 [A, B, C]
Round A: October 1, 2019 – November 21, 2019 Round B: November 22, 2019 – January 15, 2020
25% vests every 6 months
30% Token launch date +1 year 50% vests every 6 months after lockup 10% Token launch date +9 months after lockup 50% vests every 6 months 15% Token launch date +6 months after lockup 50% vests every 3 months 5% Token launch date +3 months vests every month after after lockup 7.5% lockup: 10% - 20% - 30% Token launch date +5 months - 40% 0% Available immediately None 0% Available immediately None
Round C: January 16, 2020 – February 20, 2020
7.5% vests every 3 months after lockup: 10% - 20% - 30% - 40% Token launch date +3 months
0% Available immediately None
Special Conditions 1. Sale of Discount 0% will be capped to 5 million tokens and 40% (instead of 20%) of funds raised will be allocated to liquidity fund. 2. Unsold tokens of the 50M raise will be burnt. Appendix 2
is derived from: Trading fees averaging 0.07% on a daily volume of $7m with a projected 40% monthly growth rate in the first six months, followed by 15% for the next 6 months, then 10% thereafter; Fee-chargeable withdrawals averaging 0.09% on a daily volume of $100k with a projected monthly growth rate of 20% in the first year, then 10% thereafter.
is derived from: Trading fees averaging 0.025% on a daily volume of $25m with a projected 52% monthly growth rate in the first six months, followed by 18% for the next 6 months, then 8% thereafter; Liquidation fees of 0.15%, where it is assumed that 1% of all futures trading is from liquidation.
is sourced from a 0.2% commission on $3m daily volume, with a projected monthly growth rate of 35% in the first six months, followed by 20% for the next six months, then 5% thereafter.
are 0.9% on an estimated monthly spend of $3k per user with 100 users, with a monthly growth rate of 115% in the first three months, followed by 12% for the next six months, then 10% subsequently.
are sourced from a 0.9% monthly interest rate on an estimated $300k in daily month-long loans, projected to grow monthly at a rate of 25% in the first six months, followed by 18% for the next six months, then 10% thereafter.
is projected to be at a constant rate of 100PH/s; at a difficulty of 14566490120107 with a block reward of 12.5 and a pool fee of 1%, this works out to 30*24*3600*12.5*(1-0.01) * [1e17 / (14566490120107*2^32)] ~51.27 BTC in the first month. Monthly, the difficulty is expected to increase by 7%, hence the BTC output is expected to decrease by approximately 7% In May 2020, the block reward is expected to be halved. Consequently, the BTC output is also expected to be halved, and the BTC price doubled, at this time.
![Assessing Stress Testing as a Practical Risk Management Tool_071911[1]](https://imgv2-1-f.scribdassets.com/img/document/77204835/149x198/d6684653c3/1392388266?v=1)
