ark wallet 20200716

The Ark WalletA trustful transaction wallet contributing back to the society

Confidential and Proprietary

Ark Wallet (The Company) is All-In-One

wallet, which facilitates

! Day to day transactions in the targeted city

! Contribution to a Foundation to donate to

charities / organisations in need

! Digital identity verification (virtual citizenship)

! Genuine blockchain voting system

What is ArkWallet



Our Mission

Be the Key Autonomous Treasury Function connecting all people within a certain cities

Create Value via the Wallet to further continuously support the Communities

Create a Digital Ecosystem to support the creation of dream cities



Day to Day Transactions

B2B Transactions

Revenue Model


Day to Day Transactions



! A token (Stable Coin) will be issued by the Wallet, pegged with US Dollar

! The token will be the major transactional “currency” in some cities

! For every transaction, the Wallet will charge 0.2% transaction fee and 0.8% will be contributed to a Foundation

Crypto Token



How the Mission can be Achieved?

The Foundation

The Company

Token Spend/Collect 0.8%0.2%


How the Mission can be Achieved?

The Foundation

The Company

Token Spend/Collect

$0.04

$0.01

$4.975

$5.025$5


Simple Illustration

Local Shops and Cafeterias 3,000 shops

Average Monthly Sales Volume $25,000 per shop

Assume 50% transaction via the wallet

Monthly sales volume via the wallet $37.5 million

Monthly contribution to the Foundation $300,000

Yearly contribution to the Foundation $3.6 Million

Coffee ShopP R E M I U M Q U A L I T Y

& R E S T A U R A N T

E S T . 1 9 8 7


Assume

! 2,000,000 users (By 2029)

! Daily spending ~$20 equivalent Token per day per person

$120 million will be contributed to the Foundation per year

$30 million will be contributed to the Company per year

Future Outlook…


Goal

B2C

B2B

Goal


! By 2022, Token transaction will be extended to B2B when the Wallet reaches an economy of scale

! Transactions will be further extended to the upstream (supply / trading) of the retails transacting with the token

! The transaction volume will be exponential

2000 Business

Transaction ~$1,500

per day per Business

$9M to the Foundation per

year

>$2M to the Company per

year

Ultimate B2B Model


By 2025, ! Contribute at least $250M each year to the

Foundation

! Company achieve >$60 Million income per year

*$100M B2B transactions per day

By 2030, ! Achieve $200M income per year

Goal of the Company


Criteria of the Crypto Token

! High circulation is required. ! Top-up for daily use; B2C and B2B transactions

! Easy to trade with fiat given the mass public participation

! T+2 deposit into fiat bank account upon sale and withdrawal of the token


Win-Win Situation ! The Company receives income through

transaction fee

! The Foundation provides resources for charities and people in need



! Launch the Wallet in an identified city and some other cities with substantial immigrants of that city (e.g. USA, Canada, Australia) to acquire a target of 500,000 users

! The Foundation will focus at the beginning in donating to the charities in that identified city for users’ acquisition

Go To Market Strategy


Show Case of the Wallet (Phase 1)



Basic Functions of the Wallet! Profile of the Wallet Owner ! Digital Identity Feature can be implemented

later

Profile of the Wallet Owner

Jane Ann

Wallet ID2435**

Linked Bank

Account No.016-1-2345**

Digital ID

JAnn


Bank Account Opening Functions

Enter your user ID

Linked Bank

Please select

Create

3OHDVH�ƓOO�LQ�EDQN�DFFRXQWRSHQLQJ�LQIR

&RQWLQXH

Go to Bank

InterfaceApprove

Jane Ann

Wallet ID2435**

Linked Bank

Account No.016-1-2345**

Digital ID

JAnn


Account Summary

Account Summary

Account Overview

Token A

26,384.93

Token B

Equivalent

98,765.43

125,150.36HKD/

16,044.91USD


Payment and Collect

Scan

ScanCollectPayment

Payment

Please enter the amount

XXX Token B

HKD USD

slide to pay

Collect

Please enter the amount

XXX Token B

HKD USD

slide to pay


Transaction (Spending / Collect) Summary

Transaction Summary

Transaction Summary

From

Wallet

Total HKD

Wallet ABC 93,234.32

94,937.03 94,937.03

Wallet DEF 342.16

Amount HKD

Wallet LMN 1,352.72

Wallet XYZ 7.83

93,234.32

342.16

1,352.72

7.83

HKD USD

Sort by

Date

Week

Period From / To

Token A Token B All


•

Banking Collaboration! To identify an offshore bank to provide one stop bank account opening for the people,

with KYC conducted. ! To incentivize the bank, we are offering a 5 years’ exclusivity to the bank with a 0.25% (or

more) transaction fee for every fiat to crypto deposit and withdrawal. If on average there is as little as US$10M deposit and withdrawal taken place per day, it represents an annual revenue of US$9M for the bank.

! The bank also gets incentivized when they have hundreds of thousand new customers, which provide synergy for other businesses

! To solve the anti-money laundry issue, the bank should possess the identity of the wallet ID, and be able to access the transaction history of the wallet owner (preferably upon request, to be discussed with the bank)


RoadmapInitial Development Phase



•

Phase 2020! Set up corporate structure ! Development of prototype, wallet without withdrawal

function ! Development of a self blockchain (ERC20) to issue the tokens ! Enable top up via Visa / Master / Paypal Payment Gateway ! Enhance circulation in building public confidence via KOL,

Word of Mouth and Social Media ! Identify and initiate negotiating with potential offshore bank

for collaboration



Key Milestone in 2020 / 2021

Oct Nov Dec Jan Jun Jul

• UAT of Blockchain • Payment Gateway

Ready

• UAT of IOS, Android APK & WEBAPP

• Youtube Video Launch • Start of Marketing

Campaign • WEBAPP Launch, APK

available for download

• IOS available for download • MOU with Bank

• Kickoff PwC Blockchain System Validation


Delaware

Delaware,US

Foundation Delaware,US

Investment (Holding Company)

(Wallet IP Holding Company)

(Wallet Operation Company)

Proposed Company Structure


•

! Wallet Holding Company to issue 1 million tokens at $1 per token ! For every transaction, 0.8% will be paid to the Foundation wallet,

0.2% will be paid to the Operating Company wallet ! On a monthly basis, the Holding company will write off the

tokens held by the Foundation and the Operating Company and transfer the equivalent fiat currency

! Every month, each user who has made at least 1 transaction in the wallet is eligible to vote via the voting system in the wallet to decide the top 3 entities the Foundation will donate to

! As the tokens are written off every month, the available tokens will decrease. When total available decreases to 500,000 tokens (to be adjusted) (i.e. ~$50M transaction is made in the market), another 1 million tokens will be issued

Transaction Flow



! 300,000 users acquired by end of Year 2021 ! Average transaction per user per week (5 days

per week) — $100 ! Monthly transaction by end of 2020 — $125 Million

Revenue to the Company = US$3 Million Donation to the Foundation = US$12 Million

Turnover Target 2021

It represents an annual transaction of $1.5 Billion



Top Up Flow

1. Users to download Wallet App from IOS/Android and create Wallet Account

Enter your user ID

Password

CreateConfidential and Proprietary


Top Up Flow

2. Go to Website, scan via the phone wallet

Scan the QR Code

Topup

Please scan the QR Code

Go to Wallet WebAppscan via the phone wallet


Top Up Flow

3. After scanning, users to top up in the laptop payment gateway

Payment

(max. US$200)Pay Amount: US$150 (equivalent HKD1,177.50)

Buy: 1,177.50 Token

Pay to: Delaware Wallet Company


The wallet website will show how much money has received since inception, how much tokens are available in the market, and how much the Foundation has received. Public can reconcile the numbers to improve the transparency and ensure its integrity

Website Transparency

Total Funds Received

As at Jan 15, 2020 18:35 PST

Available Tokens in the Market

Foundations Received

Wallet Company Real Time

US$1,250,000

6,000,000 US$675,000


Voting System

January 2020 Voting

1. ABC

2. DEF

3. GHI

4. JKL

5. MNO

6. PQR

7. STU

8. VWX

9. YZA

10. BDE

Which Top 3 Entities would you like the

Foundation donate to this month?



•

Key to Success! Circulation is most important, thus each wallet user can only purchase a maximum

US$200 per offer! As users need to pay approx. 4% transaction fee via purchase from the payment gateway,

it provides incentive for them to pay fiat currency to the restaurants / shops in exchange for the tokens. Thus it solves the issues of the restaurants / shops holding a lot of tokens who want to convert to fiat currency

! By building reputation, it triggers higher circulation. The higher the circulation is, per $1 Billion transaction, the foundation receives $9 Million and the Wallet Company receives $1 Million

! To eliminate the concerns from the public, all costs incurred by the Foundation will be bear by the Wallet Company (to avoid similar situation as most NGOs which charges high management fee)

! The wallet can further enable collaboration with other projects in the market



Phase 2022! Complete partnership with an offshore bank to

facilitate deposit and withdrawal ability

! Promote B2B transactions


Fund RaisingConfidential and Proprietary

We are raising $3M SAFE at $15M Post Money. First close when $500K is reached.



Use of Funds

! Develop the Blockchain, Payment Gateway, Wallet Apps and Web Interface

! Incorporate a proper legal structure ! Engage legal firms to mitigate all the legal issues before go

live ! Outsource and In-house hiring ! Video (YouTube) creations and social media maintenance ! Other Operating Expenses



Use of Funds Breakdown

USD (‘K)

IT Costs

Blockchain

Project Outsource

In House Staff

Others

Legal

OPEX

Total

Total Headcounts

1-4

229

5

162

28

34

140

263

633

9

5-12

344

67

79

124

74

67

458

869

FY

574

72

241

152

108

207

722

1,502

13

494

120

-

240

134

140

864

1,498

15

1,068

192

241

392

242

347

1,585

3,000

Year 1 Year 2 Total


! Approaching 20 Years of experience in Sales & Operations, Finance and Investment

! As the investment principal in the past 9 years, focusing on Venture Capital, Startups & Portfolio Managements across the US, Europe, Israel and Asia

! Bachelor of Commerce ! Executive Master of Business and Administration

About the Founder

Thank You!

ark wallet 20200716

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