bigbang coin · -bigbang aims to improve the exchange value of bigbang through the expansion of...

BIGBANG COINWHITEPAPER

Ver1.02018.10.10

Contents1. Overview of BIGBANG

1.1. Goal of BIGBANG

1.2. Services

3. Issuance

3.1. Issuing Method

3.2. Pre-issuance

3.3. Issuance through Mining - WPOW(World Proof Of Work)

4. Technological Configuration of BIGBANG

4.1. Basic Information

4.2. Operational Method: WPOW(World Proof Of Work)

2. Advisory Organization

5. BIGBANG Framework

5.1. BIGBANG Framework Configuration

5.2. BIGBANG Framework Characteristics

6. BIGBANG Major Roadmap

7. Legal Considerations

Bigbang coin

1. Overview of BIGBANG

1.1. Goal of BIGBANG

BIGBANG aims to complete the blockchain-based cryptocurrency ecosystem by actual

application and diffusion as a means of exchanging with the real economy, which is the

next step of the decentralized distributed ledger hypothesis proposed in Bitcoin, and to

complete the verification of the hypothesis.

More directly, we will provide the exchange and linkage of real assets (real estate, land,

roads, machinery, biological resources and underground resources) and digital assets

(cryptocurrency and service points), and to spread the blockchain technology so that

more people can use it to manage their assets.

1.2. Services

The most important goal of BIGBANG is to secure the exchange value in the real

economy.

For this purpose, we will start the Central Exchange (CEX) for the exchange with other

cryptocurrencies, and offer a number of development tools and a number of DAPPs

such as the De-Centralization Exchange (DEX), OTC (Over-the-Counter Exchange) for

stable transaction of large volume, Multi Power Wallet (MPW) that allows ordinary users

to easily store and switch digital assets without going through an exchange service,

Asset securitization service (ABS), which links the value of physical assets and digital

assets, and Distributed application (DAPP) that can manage and document various

information and history of real/digital assets in conjunction with blockchain.

In particular, we will provide existing asset management providers and related

customers with convenient and reasonable asset interoperability service and blockchain

information service by releasing APIs for linking Framework.


2. Advisory Organization


To provide Hash Power to BIGBANG as a Cryptocurrency

Mining Coalition focusing on USA, Spain, Korea and Thailand

WPOW Alliance

Development team providing BIGBANG development and fork

planning

BIGBANG Project Team

Fund execution institution which executes fund raised

through BIGBANG

BIGBANG Foundation Institute

Corporate/organization coalition that performs asset

management and other related business using BIGBANG

BIGBANG Real Asset Alliance

WPOW

BPT

BFI

BRAA

3. Issuance


3.1. Issuing Method

10% is issued through Pre-issuance

90% is issued through Mining

Issuing through WPOW (World Proof Of Work)90%Mining

10,000,000,000BIGB

10%Pre-Mining

3.2. Pre-issuance

BIGBANG refrain from pre-issuing excessive volume prior to the commencement of the

project for the purpose of compensating the development and consulting organization.

We issue a minimum quantity only for the spread of BIGBANG.

All the issued coins will not be circulated without the security of the asset, and they will

be distributed in such a way that locks will be released according to the size of physical

assets or the other digital assets.

3. Issuance


3.3. Issuance through Mining - WPOW(World Proof Of Work)

BIGBANG is managed in WPOW (World Proof Of Work) for stable asset management

beyond the national boundaries.

In order to comply with the laws and regulations related to stable inter-operation with

real assets and inter-country asset transactions in the countries that confirms the

adoption of BIGBANG, mining networks such as Korea Coin Mining Alliance (KCMA), which

has the best Hash POW in Korea, European Coin Mining Alliance (ECMA) in Torrejon, Spain;

MSCG in Las Vegas, Nevada; and UIVISTA TAI in Bangkok have already participated in

WPOW. China, Japan, Vietnam and Malaysia are also preparing to participate in it.

4. Technological Configuration of BIGBANG


4.1. Basic Information

a. Coin Project Name : BIGBANG

b. Coin Abbreviation : BIGB

c. Total Supply : 10,000,000,000 BIGB

d. Coin Logo

4.2. Operational Method: WPOW(World Proof Of Work)

- BIGBANG operates as a World Proof of Work (WPOW) method to connect digital

assets and real assets around the world.

- WPOW (World Proof Of Work) means allocating and operating mining scales according

to the size of digital assets and physical assets to be exchanged/linked/operated

the in countries where BIGBANG is used.

- It is possible to maintain the appropriate value of the digital assets and physical

assets associated/operated in the country where BIGBANG is in circulation by

adjusting the WPOW ratio at the time of exchange/transaction of digital and physical

assets between countries.

- It is also an operational method that can be supplemented by administrative and

legal regulations to comply with the administrative regulations related to international

financial transactions and exchange of assets between countries.



- BIGBANG aims to improve the exchange value of BIGBANG through the expansion of

exchange/linkage of digital assets and physical assets.

- We will provide ‘BIGBANG Framework’ which is a blockchain based asset activity

framework to organically exchange and link with various existing digital/real assets for

this purpose.

- ‘BIGBANG Framework’ is designed to be applied organically according to the

circumstances and regulations of each country.

- Starting with the Central Exchange (CEX) for the exchange with other cryptocurrencies,

we will offer a number of development tools and a number of DAPPs such as the De-

Centralization Exchange (DEX), OTC (Over-the-Counter Exchange) for stable transaction

of large volume, Multi Power Wallet (MPW) that allows ordinary users to easily store and

switch digital assets without going through an exchange service, Asset securitization

service (ABS), which links the value of physical assets and digital assets, and

Distributed application (DAPP) that can manage and document various information and

history of real/digital assets in conjunction with blockchain.

5.1. BIGBANG Framework Configuration

Asset-backed service that

links value of physical

assets and digital assets

Distributed application that

can manage and prove

various information and

history of physical and

digital assets in conjunction

with block chain

Development tools to quickly

apply BIGBANG-based DAPP

to business processes in the

enterprise or organizationT

Centralized Exchange for

rapid exchange with other

digital assets (cryptocurrency)

and short-term investment

CEX

Decentralized Exchange for

stable exchange with other

digital assets (cryptocurrency)

and value investment

DEX

OTC Exchange, which will be

used for B2B transactions

and safe asset transactions

with other countries, as it is

suitable for stable trading of

large assets without

administrative or legal risks

OTC

An integrated multi-wallet

that allows ordinary users to

easily store and switch

digital assets for convenient

use in real life

MPW

ABS

DAPP

API



- Provision of fast and reasonable APIs

• To provide APIs for experienced developers to apply to existing sites within 5 hours.

• To provide asset transaction API that can link various real assets with the digital

asset system

• To provide an asset information blockchain API which can convert asset information

in the existing system to blockchain more easily

5.2. BIGBANG Framework Characteristics

- Compliance with related laws and regulations of related countries

• To provide a framework that actively responds to various regulatory levels, taxes

and fees in each country

• To provide the function to apply different rate classified by country and region

according to the country and regional code system

• To apply different tax and fee to the transaction by identifying the country and

regional code of seller and buyer through encoded codes without disclosing the

user's personal information



Milky Way

Galaxy

- MAIN NET

(WPOW) START

- WPOW(World

Proof Of Work)

Large

Magellanic

Cloud Galaxy

- MPW(Multiplexing

Payment Wallet)

- CEX(Centralized

Exchange)

Small

Magellanic

Cloud Galaxy

- OTC(Over The

Counter market)

- DEX

(Decentralized

Exchange)

Andromeda

Galaxy

- ABS(Asset

Backed Service)

- DAPP

(Decentralized

APPlication)

Triangulum

Galaxy

- Coming Soon

Centaurus

Galaxy

- Coming Soon

Bode’s

Galaxy

- Coming Soon

Andromeda

Galaxy

- ABS(Asset

Backed Service)

- DAPP

(Decentralized

APPlication)

Messier 83

Galaxy

- Coming Soon

- Development/Service project of BIGBANG is named after the name of the universe.

It means that numerous services and projects will be formed through BIGBANG and

expanded endlessly, just as many galaxies in the universe were born through Big

Bang in the beginning.

- Among them, the galaxies that make up the initial roadmap of the eight steps

disclosed in this white paper are the naked-eye galaxies, which are visible to the

naked eyes of the people with good eye-sight without any additional observation

devices. They refer to projects and services that are intuitively identifiable by end

users who are not developers.



- On October 10, 2018, the first genesis block of BIGBANG will be created in WPOW

mode in USA and Korea on the same day that this white paper is distributed, and

Milky Way Galaxy will be completed. Then Large Magellanic Cloud Galaxy will

progress, and functions for the stages of Small Magellanic Cloud Galaxy and

Andromeda Galaxy are being designed. Triangulum Galaxy, Centaurus A Galaxy,

Bode’s Galaxy, and Messier 83 Galaxy will be disclosed one by one according to

the progress of the project.

7. Legal Considerations


This white paper is intended to provide information on the BIGBANG Blockchain and the

BIGBANG Framework to those who are interested in BIGBANG Blockchain. Therefore, this

white paper is not a document to solicit investment in BIGBANG Blockchain.

The technical and legal content described in this white paper may change at any time,

depending on the decision in the process of development, and the content of the white

paper is the plan at the time of publication.

Making a decision and taking action despite the fact that you have been informed that

you are fully aware of this fact. If you make a decision and take an action despite the

notice, it means you are fully understanding it.

The BIGBANG team does not guarantee anything about this development plan, schedule,

or content. Nothing in this white paper guarantees the specifications of BIGBANG

Blockchain at a certain point in the future.

In order to clarify the uncertainty and obscurity of the technical, legal and financial

matters directly and indirectly related to the content of this white paper and to avoid

unnecessary disputes in the future, you should be clearly aware of the contents of this

chapter.

If you have any doubts when you make any decisions or actions in relation to this white

paper, you should seek the help of a qualified professionals.

You should not use or depend on this white paper as a legal basis for any future

transactions, contracts or investments related to BIGBANG.

The BIGBANG team does not guarantee full accuracy of any content related to this white

paper, nor does it bear any legal liability.

For example, the BIGBANG team does not guarantee if this white paper is based on

legitimate rights and does not infringe the rights of third parties, if this white paper is

commercially valuable or useful, if this white paper is suitable for the non-BIGBANG

team's specific purposes, or if there is no technical or logical error in the content of this

white paper. The scope of liability waiver is not limited to the aforementioned examples.

Therefore, if you refer to or use this white paper to make a decision, the result will be

entirely at the discretion of the decision maker, regardless of whether it results in profit

or loss. Please note that the BIGBANG team will not indemnify, compensate, or otherwise

assume

※ This white paper is written as version 1.0 as of October 10, 2018.

THANK YOU

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