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Page 1: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

Draft Whitepaper

Page 2: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

Table of Contents

Introduction 2

What Makes ZIPETT Coin (Z4L) Different From Other Cryptocurrencies? 3

ZIPETT Poker 3

Why Launch a New Crypto in the Poker Community? 3 - 6

Cryptocurrencies Have Made Some Poker Players Very Rich 4

Timeline 7

The Zipett Affiliate Program 9

Affiliate Example Scenario (Poker) 9

The Future 2020 Q3 Q4 8

Z4BIZ 8

Z4REAL 8

API Q4 8

ZIPETT Poker Founders & Board 10 - 14

The Zipett Coin (Z4L) 15

Z4L Coin Holdings 16

ZIPETT FLOW 17

Financial Matrix 20

TREASURY FLOW 17-19

ZIPETT Poker Tournament 21

Technical Specifications for Poker 22 - 27

Putting It All Together 27

What Does All This Really Mean to Poker Players? 27 - 28

Conclusion 28

Important Disclaimer 29

Representation and Warranties by You 30

- Draft Business Overview June, 2020

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Page 3: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

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IntroductionThe digital age has well and truly arrived and changed the way we interact both personally and online in day-to-day commerce. Cryptocurrencies are growing fast and have expanded to almost every part of the globe. They are evolving as a viable, integrated, and trusted service by consumers and merchants in daily life.

What thoughts are conjured up when you hear the term ‘cryptocurrency’? Many people think it is a technology, an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging technology, most people perceive cryptocurrency as obscure to some degree.

We believe simplification and security are essential to include people who were previously too confused or scared to dip their toe into the cryptocurrency water and grow a stable global ecosystem. The Zipett project offers all this and much more. Blockchain technology facilitates transparency and accountability for funds flow, asset values, and financial opportunities in real time.

While still considered geeky and not fully understood by many people, banks, governments and numerous companies are aware of the importance of cryptocurrencies. And the most exciting aspect about them is that they are decentralized. The fact that governments and banks can’t control them means that they can still be used in grey markets, such as in online poker.

Brands such as Google, Facebook, Amazon, Bitcoin, Uber and eBay are some of the most recognisable on the planet, but just ten years ago some did not even exist. These companies have not done anything extraordinary; they have simply delivered a service that is sought by many and built a revenue model around it. We are in a time where companies can grow at a viral rate and we plan on cashing in on this through our team of co-founders and their large followings. By using the contacts that they have with social media influencers in the poker arena, we are targeting this key point of entry (poker) to allow us instant acceptance.

The release of Zipett is set to revolutionize the way people use cryptocurrencies. Becoming part of this project represents an opportunity to start on the ground floor and grow within “The Zipett Community”. Because we are an invitation only community, we will create a feeling of TRUST and CONFIDENCE that will be unrivaled in the crypto world, thereby enabling Zipett to grow at a fast pace while still keeping the integrity of the project perfectly intact for the benefit and empowerment of its members.

“Our vision for Zipett is to be the SAFEST INVITATION-ONLY NETWORK of like-minded people. This invitation process allows members to be responsible for their invitees (Affiliates) through PEER-TO-PEER MODERATION and be rewarded for growing the network and helping Z4L become the MOST CONSUMABLE CRYPTOCURRENCY ON THE PLANET.”

Page 4: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

What Makes ZIPETT Coin (Z4L) Different From Other Cryptocurrencies?

First, and most importantly, we are a LIVE project and there is no risk of the project not starting because we are LIVE and operating. The fact that we have done this and are up and running without an ICO is very important. The fact that we have SELF-FUNDED the project and have a LIVE working platform is also important because it shows we have put our money where our mouth is and thus taken a lot of the initial risk out of getting involved.

Because we have launched our very own SELF-FUNDED Zipett Poker suite, www.zipett.poker, we can build CORE REVENUE for the treasury from the very beginning. This will enable us to stimulate growth and expansion for our community of coin holders using the profits from the platform and without any cash burn. The platform has now been successfully BETA TESTED by our inner circle. After spending 12 months building the platform, it is now working well and getting great reviews from the online poker community who have helped with the initial testing and building of the whole concept.

ZIPETT POKERBitcoin (and other cryptos) continue to intrigue people from all walks of life. Everybody, from teachers to doctors, has a vested interest in their value. But if there’s one profession that seems more into cryptocurrency than any other, and it's POKER PLAYERS.

Why Launch a New Crypto in the Poker Community?

What gave poker pros the foresight to purchase Bitcoin and other cryptocurrencies before any others? And why do they continue to be at the forefront of crypto investing?

Considering how many poker players have done well with Bitcoin and other cryptos, you can be sure that plenty more new and old poker players will continue to follow suit and invest in our currency, Z4L. Also, if history is any indication, we can expect Z4L to keep increasing in popularity. This is exactly why we decided that Poker was the perfect platform for us to gain traction and stimulate the initial ZIPETT COMMUNITY and internal economy with instant results.

Another reason why we chose online poker to be our first market was that it was already very well understood and highly popular amongst poker players. We also could not look past the phenomenal growth of online poker itself, which has even surprised us! It has been reported that over 180 million people now play POKER online – that’s 2.6% of all adults, or approximately 1 in every 40. Bear in mind that these figures were before the COVID-19 pandemic, so it is estimated that these figures could have doubled by now.

The decentralization factor is what led many poker players to cryptos in the first place. Some of these same players have made a fortune just by holding these cryptos, but as there is no longer the potential for such strong gains anymore, they are now looking for ‘the next Bitcoin’. Enter Z4L which will allow them to have more growth with less volatility and potentially larger returns like in the early days of Bitcoin.

The obvious reason why poker players remain committed to crypto is because it’s almost a necessity on US online poker sites. Another reason is that players have made a great deal of money just from holding Bitcoin and other cryptos during price increases.

Bitcoin has had a number of peaks and valleys, including two big spikes in November 2013 and December 2017. Any poker player who was holding Bitcoin and other cryptocurrencies during these periods saw a large return on their investment/bankroll. There are several other reasons why poker pros continue to enjoy BTC.

- Draft Business Overview June, 2020

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Page 5: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

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To explain this, we need to go back to 2006, when President George W. Bush signed the Unlawful Internet Gambling Enforcement Act (UIGEA) into effect. The UIGEA doesn’t ban any form of online gambling, but it does call on American Financial institutions to avoid approving unregulated gambling transactions. Many online poker rooms had difficulty serving Americans with the UIGEA in place. However, some sites found ways around this law by using sketchy payment processors and disguising transactions.

Full Tilt Poker, for example, disguised player deposits and withdrawals as sales for golf equipment and jewelry. The US Department of Justice (DoJ) eventually caught on to what was happening and cracked down on Full Tilt, PokerStars, and the CEREUS Network (UB & Absolute Poker).

Dubbed “Black Friday,” this operation saw the US District Court for the Southern District of New York indict 11 individuals who were associated with these sites and related payment processors. Black Friday (April 15, 2011) caused the CEREUS Network to shut down. Full Tilt struggled to the point where they lost their Alderney license and were on the brink of extinction. PokerStars worked out a deal with the DoJ, whereby they paid �731 million to avoid admitting any wrongdoing and acquire Full Tilt.

Poker Stars also agreed to exit the US market. With major poker sites no longer serving Americans, US online players began searching for ways to continue to enjoy the game they loved. Many serious professionals moved to other countries like Canada, Costa Rica, Malta, Mexico, and Thailand. Others grinded in smaller cash games and tournaments offered by the few remaining US-facing sites.

SealsWithClubs (SwC) helped change the US internet poker scene when it launched in 2012. SwC became the first poker site to make Bitcoin their primary banking option. Satoshi Nakamoto – the alias for one or more Bitcoin inventor(s) – launched BTC in 2009 as an alternative to fiat. Nakamoto’s vision was to decentralize currencies following the 2008 American financial crisis. This decentralized cryptocurrency is exactly what SwC and other poker sites needed to get around the UIGEA. After all, neither the US nor any other federal government can control Bitcoin.

American internet poker players began using crypto so that they could play at these sites. Therefore, they walked ahead of the first boom in November 2013. Not all US players got into crypto this early, but the American online poker situation laid the foundations for more players to purchase it.

Cryptocurrencies Have Made Some Poker Players Very Rich

Considering that internet poker players have been using Bitcoin since 2012, it’s no surprise that some of them have made a lot of money through it. Most poker players aren’t publicly offering exactly how much they’ve earned through Bitcoin, but many pros are willing to discuss the fact that they do hold some BTC.

This interview shows Fernando “JNandez87” Habegger, Ryan Riess, and Dietrich Fast discussing how they’ve done well with crypto. Fast actually offers that he has around 750 Bitcoin, which is worth over �7.5 million USD at the time of this writing.

High stakes poker pro and Instagram sensation Dan Bilzerian discussed how he bought Bitcoin in early 2017 for �2,300 apiece. BTC has increased by around 7x since Bilzerian purchased a “sh**load” of it.

Doug Polk is the poster child for poker pros who’ve turned to Bitcoin for wealth. Polk started buying it and other cryptocurrencies a few years ago. Besides investing in Bitcoin, Polk also runs his “Doug Polk Crypto” YouTube channel, which has amassed over 200,000 followers in less than a year.

Haralabos Voulgaris, a poker player and famed sports bettor, is another early Bitcoin investor. While it’s unclear how much BTC he owns, Voulgaris’ Twitter feed shows that he’s very insightful within the crypto and betting worlds.

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Our Founder’s Vision and Reasoning – Why Poker?

“A lot of very smart investors are still kicking themselves for not getting into Bitcoin or other Cryptos when they were extremely low (i.e. when Bitcoin was below �0.05). I wasn’t one of them as I could envisage a bright future of this technology and thus became an early adopter of Bitcoin in 2009. Back in those early days, I started to hear more poker players discussing crypto and soon realized that this was a perfect market for cryptocurrencies to evolve very quickly without too many obstacles.”

If you read our Founder’s Instagram, www.instagram.com/roberttidy, you will see he has publicly predicted a huge CRASH since Bill gates warned WHO (The World Health Organisation) in 2018 that there would be an UNPRECEDENTED EPIDEMIC.

Article from early March https://www.instagram.com/p/B9haLTVpANo/?igshid=13l38adf9exan

“Here’s why the GFC HANGOVER is worse than the CCOVID-19, and why we are about to go into something even worse than a RECESSION—possibly the GREATEST DEPRESSION IN HISTORY.

You will now see the Saudis chime in and cut the oil price in half, which will completely cripple the AMERICAN economy.

Yes, death is sad, and the cost of human life is immeasurable. But this is the NEW WORLD WAR—a war not fought with guns or nukes, but with MAN MADE chemical weapons like the new coronavirus.

Now, with thousands of Chinese factories shutting down, retail goods may be unavailable and jobs will be lost. Casinos, restaurants, hotels and airlines will feel the pinch as people stay home.

We strongly believe that with people staying away from CASINOS and other entertainment venues, they will turn to online solutions for their entertainment. This is exactly why we are embracing online punters who prefer to stay at home, and why we have built our own poker platform, www.zipett.poker, where they can have a live game of poker whilst taking their minds off all this doom and gloom.

You will also see our positions (like our short in November of Crown Casino at �13.10—now �4 less, closing @ �7.45) reflect this belief. Whilst the coronavirus COVID-19 may be a trigger event, we must remember that the financial instability in the 2020 markets began over a decade ago with the GFC in 2008.

As a knee jerk reaction to #GFC1, governments created billions of dollars from thin air to bail out ignorant or irresponsible corporations.

The US monetary policy is BROKEN. Under the constitution they are allowed to create money, but instead they BORROW @ 6% from the FEDERAL RESERVE (which is not federally owned and does not hold any reserves) which simply CREATES MONEY with a few taps on a keyboard.

This is why we have also been shorting JPM. *Please remember you can see all these predictions on either www.instagram.com/roberttidy or www.twitter.com/roberttidy. We trade with trailing STOP LOSS OR TAKE PROFIT orders. For example, on the DOW it might be 200 points. If in short at 25,000 it drops to 24,000 then goes to 24,200, we are out. If it runs against us, we only lose 200 points. NOTE THIS CHANGES EVERY TIME IT HAS A NEW LOW (trailing TP).

Page 7: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

I predicted the GFC and said the DOW would cut in half and it did. Ever since I’ve been waiting for this day, we have traded with tight stop losses but have remained vigilant that a crash was ahead of us.

The USA'S (and most other countries) monetary systems are FLAWED and most people are so BRAINWASHED they actually buy more instead of cashing out. The GFC was the Creation of Virtually Infinite Dollars (2008) and where all the problems started. Reserve banks have put more money into circulation since GFC1 than for the previous hundred years. This has resulted in asset bubbles in almost every market and the devaluation of paper money. This has given the markets a FALSE RISE and all of the SHEEP just followed along for the ride, it’s still not too late to salvage something from the wreck.

“You can’t spend yourself out of debt.” BY THROWING MONEY CREATED FROM THIN AIR AT THE ECONOMY TO FALSELY STIMULATE IT, AND BY MAKING INTEREST RATES SO LOW, YOU ARE CREATING A DEBT BACKED CURRENCY AND ESSENTIALLY SETTING UP TO BANKRUPT A WHOLE COUNTRY.

Ever since the Creation Of Virtually Infinite Dollars started in 2008, the world has been piling up the tinder for THE GREATEST DEPRESSION OF ALL TIME, and waiting for someone to drop a match.Perhaps someone will create a cure for Covid19 tomorrow, but there WILL be a trigger event. It may be a terrorist attack, an assassination, or a natural disaster. Sooner or later something will click, and Reserve Banks will have to admit they can’t keep printing fictitious money forever.

This Must Stop! “The solution is simple. ZIPETT ( www.zipett.poker ) our economy has ZERO CASH BURN and its platform is based around a RECESSION PROOF INDUSTRY (GAMING).”

- Draft Business Overview June, 2020

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Page 8: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

Timeline

J U N E 2 0 1 8

J U N E 2 0 1 9

Q 2 2 0 2 0

N O V E M B E R 2 0 1 8

N O V E M B E R 2 0 1 9

Initial concept created

Initial team created and a business plan started

Development outline started

Founder begins international roadshow to find future strategic partners

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Developers sourced to begin development and Development started

BOARD is finalised and project is officially underway

First talks regarding Z4BIZ collaboration

First public BETA test is done of the poker platform with test tournaments for a select few of the inner circle to try www.zipett.poker

Another release to people working on the project and strategic partners 750,000

Q 3 & Q 4 2 0 2 0

Launch of Z4BIZ

Launch of Z4REAL

Launch of our API

Launch of our ENTREPRENEUR PLATFORM

First internal developers’ testing of the poker platform begun

First Draft whitepaper is released to the inner circle

Z4L coin created and initial family and friends’ sale of 250,000 coins sold out quickly

Official BETA LAUNCH to all publicly invited to the site

Launch of our GLOBAL POKER TOURNAMENT with guaranteed minimmum of �2,000,000 USD in prize money

Promotion of the ZIPETT GLOBAL POKER SERIES (Tournamament)

Launch of the ZIPETT AFFILIATE program

Release of the final whitepaper

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THE FUTURE Q3 & Q4 2020Together with strategic partners, we will continue to launch many more community-driven networks into the future. Once we have created a COMMUNITY built on TRUST, we can then work with young entrepreneurs to build NICHE sub-communities inside our main COMMUNITY.

Z4BIZIntegration with one of the world’s biggest trade exchanges to create our own fully white-labeled business solution. The partner is the world’s biggest RTE (Reciprocal Trade Exchange), linking over 100,000 merchants in 13 countries. This will attract outlets and enable members to spend their coins.

We have aligned ourselves with this strategic partner as we believe they have the highest integrity, not just because they are the biggest in the RTE business. It is important to note that this will take very little input by us and will be run by our strategic partners.

All we will be doing is promoting it to our own network at a discounted rate of 3% per transaction paid by the merchant (N.B. this may be higher if an assisted trade).

Z4REALWe will launch our very own REAL ESTATE platform as part of the Z4BIZ network. We feel it is important that the coin can be used for large purchases, so an outlet to purchase property is the next logical step. By having this as an option, people will be more inclined to hold the coin as the ‘value for money’ will be greater. AFFILIATES who are earning Z4L will find this as a great option too.

This will be a collaboration with strategic partners, as they already have their own REAL ESTATE solution. Therefore, this will take very little input by us and will be run by our strategic partners.

There is a lot of demand from crypto holders wanting to buy properties, but the problem is with educating the sellers. There is an over demand and under supply. What we plan to do is be the first and last stop for both sides to broker a deal. While there is a demand, we will charge both sides a 3% fee, but for this we will lock in their price and guarantee FIAT SETTLEMENT at the point of transfer. This means that the seller is not required to understand CRYPTO, as they will be receiving FIAT.

This also means that a buyer can source the property he or she wants, then our team will negotiate terms with the seller. The buyer will be able to use their crypto because it is a transfer of other CRYPTO to Z4L. It is our belief there may also be tax benefits associated with the sale or purchase using Crypto, depending on the jurisdiction.

API Q4FACEBOOK gained the edge over MYSPACE simply by using DEVELOPERS APIs. We plan on doing something similar by building off our core DATABASE and partnering with young entrepreneurs who wish to leverage off our database of LOYAL members, all in a SECURE network. With the funds in our treasury, we can fund ANGEL investments into these ideas and back the entrepreneurs with DEVELOPMENT and BUSINESS support.

Page 10: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

The ZIPETT Affiliate Program

Affiliate Example Scenario (Poker)

Zipett has an affiliate (partner) program which allows anybody to earn Z4L Coins by attracting new members to the Zipett platform. This is not only for poker – it will eventually be for commissions from all income earned by the ZIPETT community. A Zipett affiliate is any member who joins and then promotes Zipett on social media or sites that offer other products. Affiliates earn a referral commission from all revenue.

The Zipett affiliate program is backed by an online tracking platform that allows affiliates to: sign up and become an affiliate to Zipett, receive exclusive tracking links, review their affiliates’ performance stats (such as revenue, clicks, sales, and registrations in real-time), download marketing material, communicate with Zipett representatives via an internal mailing system, and receive notifications about changes or promotional campaigns.

Anyone can earn Z4L Coins. Plus, there is no need to have large banks of expensive supercomputers to mine for coins as you would to acquire other cryptocurrencies.

Once your invited member creates a Zipett account via their unique invite link, the inviting member will earn Z4L Coins from all revenue generated from the invited member for the life of their time with Zipett (unlike other programs where it can be just for a short initial period).

John Smith posts on social media promoting Zipett Poker, or shares one of our exclusive media articles. When a friend or anyone else clicks on that post, our tracking bot instantly links them to John’s affiliate account and places him in his affiliate account. There is no hard sell here; you are just doing what you normally do day to day, except with us there is a revenue model attached to everything, and we share ALL the profits.

From his combined social media audience of approximately 5,000 friends (the average person has more than 7 social media accounts), 2% like what they see, and they create a free Zipett account. From the 100 new members, just 10 (10%) of them play poker. This generates, on average, a modest revenue of 400 Z4L per month in total revenue. From this, John receives 100 Z4L (25% of revenue).

Now this is where it gets interesting, and the real opportunity comes into play. From his 100 new members, they successfully do the same as he did, creating 10,000 new SUB-AFFILIATE members for John. 1,000 (10%) of these sub-affiliates play poker, generating 40 Z4L each, which amounts to a revenue of approximately 40,000 Z4L per month from POKER. As they are his SUB-affiliates, John receives a 5% share of this revenue, boosting his earnings by a further 2,000 Z4L per month. Ultimately, by doing what he has always done each day, John now has the opportunity to build an additional income stream of 2,100 Z4L per month. This has no limits, and he can dedicate as much or as little time as he likes to it.

If John wants to nurture his team and build his affiliate and sub-affiliate group, then he can expect to be rewarded handsomely. Alternatively, he can choose to leave it as a completely passive income. Don't forget that anyone John or his members introduce will generate income for John for the entirety that they are a Zipett member and enjoying our services.

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Page 11: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

ZIPETT Poker Founders & BoardThe Zipett project is underpinned by the founder and his team’s expertise in gaming revenue models. From its initial stages they will provide a proven, ongoing, zero-cost stream of revenue and capital liquidity to ensure the growth and transformation of the project. All while it grows into a trusted, global payment method and retail platform.

The professional success early on set the tone for remarkable triumphs in the Australian and global business stratosphere. Robert is officially out of retirement to make a difference to the exciting project of ZIPETT. Before calling it a day, he earned a reputation as one of Australia’s most renowned punters. His earliest claim to fame was writing a computer program in 1988 as a 16-year-old that won him a staggering �500,000 from only �100 which triggered his professional punting career https://youtube/xsykmBlnYgA.

Robert practically ruled the racing industry trading for more than 30 years – courtesy of his shrewd business acumen coupled with his penchant for punting. His achievements in said field were well documented (with many front page spreads and coverage from numerous TV channels) before his retirement in early 2014. Furthermore, Robert is credited with setting up and operating many online betting firms in Australia, and he has also discharged services in the capacity of a consultant to several overseas, corporate bookmakers.

Jeonghwan is Head of Global Business Development at High-End, in the premium neighbourhood of Cheongdam Dong, where professional Seoulites gather for networking events. He organised the official after-party for D.Fine Korea Blockchain Week in Oct 2019.

As an advisor at the Einsteinium Foundation, Jeonghwan has contributed to its success in the Asian cryptocurrency market. He is also a certified Mechanical Engineer in Australia, and a member of IEEE and ASME.

Robert Tidy is one of the pioneer investors in BITCOIN. He is an avid supporter of the concept of cryptocurrencies and the blockchain. See his posts here: www.instagram.com/roberttidy

Robert was one of Australia’s preeminent young entrepreneurs, selected as one to watch in the Fastest Growth Business Awards. He was chosen as the highest ranked individual under 30 in the Future 500 Entrepreneurs in 1997 and was shortlisted for Young Entrepreneur of the Year in the same year.

Jeonghwan is a professional cryptocurrency consultant and accelerator. He graduated from the University of Technology, Sydney with Second Class Honours in Engineering. He is the co-founder of NIB, a professional crypto acceleration firm in South Korea. He has specialised in blockchain based assets and projects and is a fully experienced cryptocurrency business advisor in the field of token economics, liquidity provision, Marketing, PR and exchange listings. Z4L (25% of revenue).

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Robert Tidy - Founder

Jeonghwan Min – CEO & Co Founder

Page 12: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

RG Capital Radio was acquired and privatised in 2004 by Macquarie Group Limited, who simultaneously acquired DMG Regional Radio, to become the largest regional radio group in Australia, and Kym was appointed as CFO of the combined group.

In 2005, Kym was appointed as the Australian Media CFO for Macquarie Media Group’s �940 million IPO and subsequent listing on ASX (ASX:MMG) .

MMG acquired Southern Cross Broadcasters (ASX:SCB) in 2007 for �1.35 billion and concurrently sold its metropolitan radio assets to Fairfax Media. Kym was heavily involved in the due diligence, financial modelling and post-acquisition integration and retained as the group’s Australian Media Asset CFO.In 2010, the group (then renamed Southern Cross Media Group ASX: SXL) , acquired Austereo Limited for �725 million and post acquisition Kym was appointed as General Manager of Corporate Integration to oversee the synergy extraction and change management.

Gary became a world-renowned poker player, a winner of numerous major international poker tournaments and a professional sports punter. In addition to his many poker tournament victories, Gary’s major achievements include being crowned the Australian Poker Champion in Adelaide in 1997, the Australian National Champion in Canberra in 2000, and being the first Australian to win a WSOP Bracelet.

He was also one of the inaugural inductees into the Australian Poker Hall of Fame. Gary operates Gary Benson’s Intercash currency exchange service to cash in and out of poker websites.

Kym is a qualified Chartered Accountant and is currently the CFO the ASX listed company, Viva Leisure Limited (ASX:VVA).

Kym has had considerable experience as the CFO of numerous ASX listed companies. Kym commenced his career at RG Capital Radio (ASX:REG) and was appointed as its CFO for the company’s initial public offering of �50 million and subsequent listing on the ASX.

Gary was born in Sydney, Australia in 1957. He graduated from the University of Technology (Sydney) in 1983 with a Bachelor of Business and was admitted as a chartered accountant in 1985. Gary quickly ascended the ladder, becoming a partner at the well-respected national accounting firm, Grant Thornton, in 1989. He held this position until 1995, at which time, he left the accounting profession to pursue a career in the world of sports betting and high stakes poker.

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Kym Gallagher – Co Founder & CFO

Gary Benson – Co Founder Poker

Page 13: Draft Whitepaper · an alternative currency, or a different way of purchasing and doing business. Some also consider it to be the way of the future. However, as it is an emerging

Australian Poker Hall of Fame in 2012, with his long history of results, major tournament success and promotion of the game making him an obvious inductee. Leo’s wife, Bev, also received recognition from the Hall of Fame for her dedication to poker and to her husband, as she is always seen sitting on the rail of every tournament sweating all the action!

A true gentleman of the game, Leo Boxell continues to be a force in live tournament poker and is an inspiration to players of all ages. With no signs of slowing down, we expect to see him at the final table for years to come. The success and standing of Leo make him the perfect addition to the Zipett Team.

One of Australia's all-time greats, Leo "The Mechanic" Boxell is one of the most popular players on the regional tour and a true gentleman of the game. He has one of Australia’s most impressive tournament records dating back to the late 1990s. A former Aussie Millions and APPT champion, this mechanic turned poker player has successfully competed for over 20 years at the top of the game, earning final table spots in countless tournaments through the Asia Pacific Region. With prize money topping �1.3 million-plus and an APPT title to top it off, Boxell was inducted into the

- Draft Business Overview June, 2020

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Leo Boxell – Co Founder Poker

Of course, winning in cash games isn’t the quickest route to poker fame, as most of the attention from fans goes to major poker tournaments. Argyros has never been the most prolific tournament poker player, but he has had a few notable cashes in the World Series of Poker, finishing 15th in the 1995 Main Event. In total, he has cashed six times at the WSOP, making one final table. He also has one World Poker Tour cash, finishing in 22nd place in the 2003 Bellagio Five Diamond World Poker Classic.

The famous nickname used by Argyros may sound intimidating, but it actually has a funny story behind it. While playing in a World Series of Poker satellite, he found himself at the same table as the legendary Johnny Moss. When Moss asked who he was, Argyros introduced himself as “Crocodile Billy,” a reference to the then popular Crocodile Dundee movies. The nickname stuck, and has been used by Argyros ever since.

But even in tournament play, Argyros is something of an Australian legend, having cashed in dozens of tournaments in Australia and New Zealand. He is a mainstay on the Australia-New Zealand Poker Tour, and is frequently seen at the Aussie Millions, as well as at other tournaments and series throughout the Antipodes. While none of his cashes are large by today’s standards, his numerous final table steady tournament play has earned him over �1,700,000, placing him in the top 15 on the Australian money list.

Argyros’ success in cash games and his prolific presence in regional tournaments made him an easy pick for the Australian Poker Hall of Fame. He was one of the first members of the inaugural class of 2009-2010, alongside such luminaries as Joe Hachem, Jeff Lisandro, and Tony G.

Argyros first became serious about poker after losing in home games to his friends. Determined to become a winner in these games, he studied up on poker strategy and soon realized he could not only beat his friends, but that he was also a strong enough player to win at low-stakes tables around Melbourne. Before long, he moved up to the high-stakes tables, and when he kept winning, he never looked back.

Billy "The Croc" Argyros – Co Founder Poker

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Party Poker. This led Peter's new passion to becoming an obsession and now has a portfolio of almost five dozen games. These include creations for almost every sector of gaming including poker, casino, sports-book and fantasy.

Peter still plays a little poker, but mainly online. He did, however, return to the big stage for the 2O19 WSOP and cashed in seven out of less than a dozen events, including both the Senior events and the �10K PLO Championships. As part of the ZIPETT POKER TEAM he will be playing more live poker in 2020.

The Zipett team is also very keen to explore the options that Peter brings with his portfolio.

poker player. As a single Mum, Marsha was able to support her two children David and Lana. They remained in Reno for ten years before moving to Las Vegas, Nevada and then on to Southern California where poker action was very strong. She was by then a well established professional player whose skill showed as both a winning tournament player as well as shining in live cash games.

Marsha has traveled the world on the poker tournament trail where she excelled playing against the world's top players. The Hendon Mob which keeps the most accurate records of poker player's tournament winnings has listed Marsha Waggoner's tournament wins at USD �956,007.

Marsha has been inducted into three Poker Halls of Fame, namely the Australian Poker Hall of Fame, the Women in Poker Hall of Fame and the Senior's Poker Hall of Fame. Although Marsha Waggoner now resides in Las Vegas, Nevada, she still proudly carries her Australian passport.

Peter took the USA by storm in 2002 with numerous six figure wins after a hugely successful decade playing poker around the Midlands in the UK. If that wasn't enough, he ventured to Australia in 2003 for the inaugural Aussie Millions at the Crown Melbourne and got to five final tables on the way to winning the main event for �225K. Peter also has a somewhat unique record at the Crown, as all his ten cashes have come by way of final tables. Soon after the Aussie Millions, Peter developed a passion for creating games and saw his first poker format enjoy fifteen years of success on

Marsha Waggoner is a legendary professional poker player who was born in the city of Brisbane, Australia and raised in a beach resort about twenty miles north of there. She accidentally discovered she had a natural feel for playing cards then subsequently served her one year apprenticeship playing poker and dealing in private games in Sydney, Australia.

Marsha moved to Reno, Nevada in 1976 and soon became a professional

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Peter Costa – Co Founder Poker

Marsha Waggoner – Co Founder Poker

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Angus met Robert Tidy in 1997 through a joint venture with the late Colin Tidy (Rob’s father) developing CITY INDEX – one of the biggest bookmakers in the world at the time. Angus, partnering with Robert, has worked on many successful gaming projects over the past two decades. Together they set up and successfully lobbied to become the inaugural Australian-license spread betting operator and later built a company together before selling it to a publicly-listed Australian company for a large sum.

The experience, expertise, and aptitude held by Angus was well-regarded by Robert Tidy. So much so, the pair partnered up once again for Angus to lead the gaming investment board and develop innovative ways to further their proven track record together. He continues to be a regular visitor and guest commentator on Grand Slam Golf and Tennis and other major sporting events.

Angus Hamilton is highly regarded for his experienced expertise in analyzing major global sporting events for giant industry institutions, and is known to many global bookmakers as the “Wizard of Odds” or the “Globetrotting Gambler.” He co-founded Sporting Index – one of the UK’s most innovative and successful betting companies. He has worked for and run many large betting firms.

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Angus Hamilton – Board

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(Z4L)

THE ZIPETT COIN (Z4L)

Our token is causing great excitement among buyers. This is because it will not only have established businesses driving its core revenue (to garner its treasury and expand services to its members) but it will have a real purpose.

Z4L is an ERC-20 utility token that will be used within the ZIPETT project. They can be purchased on supported exchanges including ncx.com.au using cryptocurrencies or fiat.

There are to be only 100,000,000 Z4L coins created—the maximum that can be issued within the terms of our ERC20 contract. (ERC20 is a protocol standard that defines certain rules and standards for issuing tokens on Ethereum Network)

80 million of the available 100 million coins will be offered systematically at eight demand-based hurdles (see below). Once released to the market, a downside price protection program will be initiated using a mathematical equation of coins in circulation versus funds in treasury, supported by an orderly buyback program. This will also reign in implied volatility, leading to a more stable coin.

Accordingly, early investors stand to benefit most from this, and as time goes on, the revenue from the multiple utilities will bolster the treasury funds. The founders decided to prove how much they believed in the project by offering a large portion of tokens (80M, or 80%) at 8 hurdle levels on a first come basis. They then plan on putting buy orders back on, using all the funds in treasury to give transparent liquidity to all Zipett members. In this way, the first group of members will be rewarded for their early loyalty.

Instead of using the funds for development (because this has already been self-funded and completed) or the original founders' taking profit off the table, we have offered to sell these coins to the initial poker players and thus eliminate the risk of early volatility.

Because the founders 20M coins CAN NOT BE SOLD until the initial 80M treasury coins are sold, we believe this shows our commitment to the project.

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TREASURY

The proceeds from the sale of the coins will go towards the treasury of the Zipett ecosystem. In addition, from the 0.25% management fee, the funds will assist with management’s objectives regarding Corporate Governance, and the management, marketing, and maintenance of the platforms.

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80,000,000 coins - these will be held by treasury (managed by Z4LIFE PTY LTD) for the growth of the community. These coins will be released systematically , corresponding to the expected increase in demand, until liquidity is sufficient to support stability. When the TREASURY needs to slow growth, it will SELL, and when it needs to support growth, it will BUY. This will avoid the excessive VOLATILITY that some other cryptos experience.

20,000,000 coins - are held by Z4LIFE PTY LTD and are escrowed until the initial 80 million coins have been sold and stability and utility of the coin is conceptually proven. However, they cannot be sold until all of the 80M treasury coins are sold first. In addition, to maintain price integrity, these coins cannot be released to the market to be sold at any price lower than 3% under the last sale price.

10,000,000 for sale @ $1.03

10,000,000 for sale @ $1.10

10,000,000 for sale @ $1.20

10,000,000 for sale @ $1.30

10,000,000 for sale @ $1.40

10,000,000 for sale @ $1.50

10,000,000 for sale @ $1.75

10,000,000 for sale @ $2.00

Z4L Coin Holdings

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ZIPETT FLOWStep 1 - PURCHASEA person can purchase Z4L coins using FIAT or CRYPTO via the licensed exchanges on which we are listed. This must be done externally before you can use the system as we are not an exchange and only provide the services (utilities).

Step 2 - TRANSFEROnce you have a funded wallet you can transfer these coins to either the Z4BIZ or ZIPETT POKER platforms at any time. You may then use them to play poker, or exchange them to buy goods and services from merchants or other members on the ZIPETT platform.

Step 3 - INTERNAL TRANSFER (OPTION)Once inside the Zipett ecosystem, if you have earned Z4L as a merchant, by selling something or by winning it playing poker, you can transfer it internally without any fee to Z4BIZ or ZIPETT POKER (or another member) and use it within the ZIPETT network.

Step 4 - WITHDRAWALWhen you wish to CASH OUT, you simply transfer your Z4L back to your chosen exchange wallet and transact there as required. You may then sell it on their exchange and transfer to your own BANK ACCOUNT, CRYPTO WALLET, or use a cash point to collect FIAT CASH.

TREASURY FLOWIt is expected that the management company, Z4Life Pty Ltd, will be self-funding the ongoing management (as it has done with the development) from the date of launch through revenues derived from its small 0.25% management fee. This means there are no significant fixed ongoing overheads that may affect the value of coins in the market, unlike many other cryptos.

ZIPETT will have very low running costs as this business model is paid for by the management company without any FIXED COSTS to the coin holders.

Z4Life Pty Limited will operate three treasuries:

FIAT (CASH) TREASURY

Z4L CRYPTO TREASURY

Z4L CRYPTO TREASURY

https://vimeo.com/431701404

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FIAT (CASH) TREASURY – the function of this treasury is to administer the sale of the initial 80 million coins. Proceeds from the sale of these 80m Initial coins are sold for �112.8m USD these funds will remain in the FIAT (CASH) TREASURY.

This treasury will occasionally facilitate the purchase of coins from the listed exchanges to make sure that all exchanges are of a similar price and there is no huge price variations. We will also, from time to time, sell coins from the Z4L CRYPTO TREASURY and/or EXTERNAL CRYPTO TREASURY to assist with its objective of maintaining price stability (i.e. act as a market maker). So if the coin is running up too fast, we will sell, and the funds from these sales will remain here.

1.

Z4L CRYPTO TREASURY – Revenues derived from the various Zipett ecosystem platforms (e.g. Poker platform rake income, or fees earned from the facilitation of sales on the Z4BIZ platform) are held here.

For example when there is income from the poker platform (approx. 35% of all rake) or fees from the Z4BIZ platform, these Z4L coins will be held in this treasury and assist with the stabilisation of the underlying coin price (as mentioned above). Coins will be either SOLD or HELD. Obviously, the coins held here will affect the SUPPLY and DEMAND ratio, and the more coins held by this treasury will result in LESS SUPPLY to the market.

2.

EXTERNAL CRYPTO TREASURY – a percentage of treasury funds will be held in other cryptocurrencies. The purpose of this is to allow liquidity for our members wishing to transfer out of the Zipett ecosystem to other cryptocurrencies.

3.

These funds will be held on exchanges external to the Zipett environment and provide liquidity for our members wishing to ‘cash out’. When we sell our coins for other CRYPTOS (for example BTC), these cryptos will remain in the EXTERNAL CRYPTO TREASURY. These funds will be managed by the management company and used to give volume to the people wanting to cash out to CRYPTO and not FIAT.

How this works in payment terms:

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MAIN TREASURY (ALL OTHER TREASURES)Combined Treasury Function

It is anticipated that the sale of coins from the treasury will attract funds in many currencies, both fiat and crypto. Real time ongoing currency conversions are calculated, and fluctuations are continually converted to Z4L (and valued in USD equivalents). This may lead to variations in the supply of Z4L, and accordingly affect its underlying value and therefore price.

Behind the scenes, all these funds are divided into their respective currencies and valued accordingly. For example, let's say that all the currencies in the FIAT add up to 120m USD (this includes AUD, HKD, GBP, EURO, etc.). Towards the TOTAL TREASURY TOTAL this would add 120m. We have earned 15m in coins from the poker RAKE so are holding 15m Z4L. As it’s trading @ �2 USD, this would be 30m USD. Then, if BTC has a run and we are holding 90m USD in EXTERNAL CRYPTOS, this would mean we would have a total of 240m USD in the combined treasury.

In this example, we can work out that 100m coins are in circulation, so we then give a price of �2.40 USD per coin and we put buy orders for 100m coins on as follows:

What this means is, unlike other cryptos, our treasury is always growing and the SUPPLY and DEMAND ratio is always BALANCED.

50% of cash (120m of 240m)

37.5% of other cryptos (like BTC) (90m of 240m)

12.5% of Z4L (30m of 240m)

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Financial MatrixRevenue will be derived from each poker hand by charging an amount from the ‘rake’ (commission charged by the game operator). This will be on average 3%-5% of the pot for each hand, depending on the game size. We estimate that quarterly player net revenue yields an average of US 120 (40 per month) per user from the average 3%–5% RAKE.

The remaining 35% is the expected profit. These funds will go to the treasury to pay the management fee of 0.25% pm (to be used for ongoing platform maintenance) as well as facilitating the coin's price stability.

ZIPETT Financial Matrix

*The Zipett Foundation (Charity)

As part of our business model, we plan to set aside 5% of our gross revenue for the ZIPETT FOUNDATION. The Zipett Foundation has been created to donate to some of the founder’s favorite charitable causes. These include charities involved with assisting the homeless, and the prevention of crimes against children and cruelty to animals. Because we are promoting a poker platform, charities involved with the prevention of problem gambling will also be supported. In addition, the Foundation plans to invest funds back into the community by supporting business ventures within the Z4BIZ ecosystem.

Affiliates

Loyalty Rewards

Charity

Developers

Treasury

35%

30%

25%

5%5%

30% will go to the affiliate pool

25% on average (5%-50%) will be returned to players as loyalty rewards

5% goes to the developers

5% to the Zipett Foundation

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We are launching a global online POKER tournament in July (to be run over 10 months) with �2,000,000 USD minimum guaranteed prize money. The final is scheduled to be played in Las Vegas during the WSOP MAIN EVENT in June 2021 (restrictions permitting).

The goal is to make this annual event the biggest online tournament, guaranteeing 2,000,000 Z4L COINS in prize money for its first year, 2020/2021. This will generate a lot of interest with some really big names, as nobody has done anything on this scale before using cryptocurrencies.

Our mission is to give poker players worldwide a better experience through Blockchain technology and reward them for their loyalty by building one of the most secure online poker sites ever.

$2,000,000 USD$2,000,000 USD

ZIPETT GLOBAL POKER SERIES (ZGPS) FINALENTRY 5,000+500 Z4L

TOTAL PRICE MONEY FOR THE SERIES

Top 10 (final table) will get to come to VEGAS for the WSOP MAIN EVENT 2021 with the Zipett Poker team with all expenses paid (valued at $20,000 USD).

Run several times Daily

BUY-IN 10+1 x Z4L1 seat to (WEEKLY SATELLITE)

per 11 entrants

Late entry and 10 re-buys for the first hour

DAILYSATELLITIES

WEEKLY SATELLITIE X 30100+10 x Z4L buy-in or qualifiers

from Daily Satellite’s

Guaranteed prize pool of 10,000 Z4L

1 seat to the MONTHLY SATELITE (30 entrants)

Late entry and 10 re-buys for the first hour

Guaranteed prize pool of 30,000 Z4L

1 seat to the FINAL SERIES per 50 entrants

Late entry and 3 re-buys for the first hour

MONTHLYSATELLITIE X 10

1000+100 x Z4L buy-in or qualifiers from Weekly Satellite’s

Log on Now to Play www.zipett.poker

ZIPETT Poker Tournament

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ZIPETT Poker Tournament

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Technical Specifications for Poker

ZIPETT POKER goes into detail about its security protocols and explains why it’s one of the most secure poker games available on the market today.

In our mission to empower poker players worldwide, we have made SECURITY one of our core values. With the current state of the internet, security has never been a bigger concern. You constantly read about hackers stealing millions of dollars and major corporations being infiltrated, leaving thousands of user accounts exposed.

We have taken multiple measures to layer security protocols in a way to provide a holistic approach to online gaming security. Some measures are unique in that they have never been implemented before. We are now proud to say that we have built one of the most secure online poker systems on the planet.

Of course we do not want to reveal all of our security measures to the public, and some of our systems are so advanced that the cheats will never know WHY the system is backfiring on them! All our co-founders have been able to help create and see the levels we go to and can give testament to these claims.

Game security should start with your own computer. There are not many current online poker sites that protect your own PC and game application from viruses, but our site will address this vulnerability.

We have built a private microsystem of common viruses and worm signatures which protects our software. The system also blocks other processes from being hooked onto the game client. Allowing other processes to hook onto the game client opens the doors for hackers to gain access to your sensitive information such as passwords or financial data.

Real-time scans are being run in the background of the game client. We look to update our signatures frequently in our game updates. Even if your computer is infected by a virus through other means, malware will not be able to steal information from our players.

Our player’s shield is not like a traditional antivirus program, but it acts like one by exclusively protecting the game client. Some of our bot and third-party tools protection measures are derived from this layer of protection.

All major online poker sites allow the usage of HUD stats like Jivaro that track your every move and give an advantage to your opponent. We do not allow any such tools to be used in our games and we will block all attempts to use tracking tools through our players shield.

Extending our second layer, we have taken measures to permanently prevent bots from entering the poker game. We do not guarantee that it’s impossible, but it's much harder for a bot to be programmed to work on our system than on any other poker site. Poker has faced many issues with this aspect, and many networks that have tried to prevent bots have been unsuccessful. Here is an overview of how we solved this challenge:

We have active monitoring of mouse movements and keyboard frequency activity to detect if a player is real. A real player will have certain ‘tenancies’ that our software can detect. If the algorithms do not detect certain mouse or keyboard patterns for a prolonged period but the player is still making bets, the player will be kicked from the session instantly as a safety precaution.

As stated from Layer II, we have built our own ‘anti-virus’ for our game client. Part of that process looks at any potential hooks onto our game client and blocks them from functioning.

ZIPETT Poker Technical & Security Protocols

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One of the biggest advantages for Bots is volume. They can just simply outplay humans and profit more long term. Our systems detect how many hands each account in the network has played per hour and per day (this involves multiple tables). If an account has abnormally high figures, they will be seated out of all tables they are currently on and will be asked to pass a Google captcha to verify if they are a human. If they fail to pass the captcha after two attempts, the account will be suspended, pending further investigation. If they pass the captcha, the account will be flagged internally and be put on our watch list and their activity will be monitored by our team.

A lot of bot platforms work by being fixed on a specific pixel position in the game window to read cards and actions. At random intervals, our game UI will automatically move entire game assets by a varying number of pixels. This will be unnoticeable to the player, but it would disrupt a lot of bot programs which would read incorrect values or wouldn’t be able to capture numbers correctly. Since we are moving everything, you would not be able to tell when it happens and nothing will look ‘out of place’.

If you research what other online poker sites or casinos are doing against bots, very few have built highly sophisticated systems to prevent them. We believe we have built a strong set of techniques which makes our game one of the most secure.

Collusion - means when multiple accounts are communicating together to obtain an advantage on a table. We have multiple measures in place to prevent cheating across all our games. These include:

Soft playing - this is when two players are playing especially passive against each other when in a pot together. Examples of how our system flags this is by noticing if players are holding premium hands but check it through to the river for no logical reason or if two specific players never raise each other.

Chip dumping means when one player intentionally loses chips to another player in order to balance their chips or make a specific player double up in chips. The idea is to either improve the chances of both players finishing in money positions in a tournament or give one player a higher chance to finish higher in a tournament.

Our systems keep a log of all players who have gone all-in against each other throughout our tournaments. The system then looks for distinct patterns such as if player A always loses to player B, or if players A and B are always involved in all-in hands together to double each other up interchangeably.

Squeezing - in our context means when two or more players team up together to try and take an opponent down. A typical example of this would be if the victim makes a 3-bet, attacker A would raise it to 4-bet and attacker B would raise it again to a 5-bet causing the victim to fold chips and/or blinds & antes.

Here, our systems look at betting patterns when specific players are involved in hands and with what hands they are squeezing with. If players A and B are constantly 4 or 5 betting preflop with nothing, only with each other and with a +1*, then it raises a flag in the system.

These are not all the precautions that we take – in fact, they are but a few of them. Some methods involved in our system are kept private in case potential cheaters try to bypass our anti-cheating measures.

If any of our systems detect suspicious behaviour, a case file will be opened and a member of our team will be notified. We will then manually check and monitor the account in question. If there is a good amount of proof we will permanently close the account without any warnings. We will also ban the IP(s) which were used to access and create the account. Players affected by cheaters will be reimbursed and notified.

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In Summary

Card Shuffling Technology

RNG (Random Number Generation) is the core of any online poker game. RNG is the game function that shuffles the deck of cards (in poker’s example) and comes up with a random set of cards. There is, however, something that the public does not know but is well known and thoroughly documented in scientific studies.

It has been scientifically proven that it’s impossible to generate truly random numbers using computer software because a computer is deterministic?

In layman’s terms, a computer always knows all variables, and to truly get a random result you would need a mathematical function of infinite unknown variables. If you had the same starting inputs and conditions, even if the numbers appear to be random, you could replicate this and end up with the same output. A computer simply cannot know all infinite unknown variables with our current technology.

The most popular and widely used random number generators are Pseudo-Random Number Generators (PRNGs). These are modern, very efficient and produce numbers that appear to be random. In fact, however, they are not random, and they are perfectly predictable.

PRNGs are very well programmed but you would need to set up a seed state that initializes the generator. This is the fundamental flaw in the PRNGs because high entropy is required and a computer cannot fully randomize this using software alone.

Card Shuffling Technology

This is a massive problem for online gambling because just about every single online poker game relies on Pseudo-Random Number Generators. These computer mechanisms and similar methods cannot produce truly random numbers. Therefore, you often encounter many scenarios during your poker game where outcomes seem too ‘extreme’ or ‘rare’. Also these systems are open to alterations which can cause major security issues.

Online gaming platforms get away with it because even when they are certified and tested, the metrics used across all certification bodies permit full use of PRNGs and pass all the tests required.

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Your funds are protected offline eliminating any possibility of hacks.

You are protected both on your actual local machine and via our servers.

You are safe from being tracked and opponents using HUD stats.

You are safe via our multitude of anti-cheating modules to eliminate cheaters and collusion.

You are protected from playing against Bots as our game engine has a unique blend of algorithms running 24/7 in the background.

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The Solution – Triple-Factor Random Number Generator (TFRNG)

Although these pseudo random sequences in PRNGs pass statistical pattern tests for randomness, by knowing the algorithm and the conditions used to initialize it (known as the “seed”), the output can be predicted. This means that even though the poker site you are playing on claims to be tested by third parties, the machines used are still not producing truly random numbers. What makes this worse is if you knew the ‘seed’, you could easily know the outcome of the shuffle.

As we have learned so far, seeding from a computer cannot be random and it is possible to replicate the ‘randomness’ if the same starting conditions and seeds are used. All major certifications can be found here. These certifications are used even in the biggest poker sites in the world. They all allow PRNGs to operate alone as software and are never 100% random!

All statistical pattern tests through standard PRNGs pass every single third party testing certification across all jurisdictions of the world.

Our Triple-Factor Random Number Generator (TFRNG) method changes the online poker game forever.

We combine TRNG’s (Hardware Random Number Generators) with Blockchain Technology to create an efficient chain of processes which results in a more accurate random generated number that a software based system cannot produce. This has never been done before in this manner.

To truly get a random result, you need to eliminate the limitations of the software process and introduce a ‘quantum phenomenon’. We take this a step further and add another layer of randomization through Blockchain hashes. The flow chart below illustrates our process.

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Factor I – Selection process

Triple-FactorRandom Number Generator Process Flow

RNG Request Initiated The card deck will be

shuffled 4 times based on the corresponding game action (Starting

Hands, Flop, Turn, River). Factors II & III will be

used twice per hand in alternating order.

Capture data required for starting hands and push results to game client to

continue the action.

Factor I - SelectionTRNG based coin loss at the

start of each hand to determine the starting order

of Factors II and III. As the action continues, Factors II and III get repeated in order that Factor I decided. This is for the Turn and River action. When the hand is concluded, this entire process begins at factor I to determine the starting order.

Capture data required for the flop and push results to game client to continue the action.

PRNG Initialised Via Hash Seed Entropy

Take seed hash and start randomisation process.

Unique HashCollection Database

Blockchain Network

Post flop enteredBegin Factor III Start

Blockchain randomisationprocess for cards on flop.

TRNG Selected first Factor II Start generating

random numbers for starting hands.

TRNG Sequence Process & Arrange

Problems for Third Party Testing/Certifications

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Problems for Third Party Testing/Certifications

This process is as follows:

Factor II – ‘Quantum Random Properties’ Based Hardware Random Number Generator

Factor III – Utilizing Blockchain Transaction Hash Keys as a Seed to PRNGs

We start our process with a coin flip to select the order of Factors II and III. We flip a virtual coin, which provides a 50/50 chance for either factor to be used. To maintain a truly random outcome, we use variations in Atmospheric Noise to generate the random number required. This method exceeds the accuracy of any Pseudorandom Number Generating Algorithm.

Both Factors II and III use unique methods of randomization and are usually by themselves sufficient enough. In our mission to create the fairest and rewarding poker game on the planet, we doubled up on our RNG technology and introduced two unique methods of RNG combined, instead of one.

In poker, there are four actions where cards are dealt: Pre-flop (players hand), Flop, Turn, and River. In each action, our decks are reshuffled using an alternating Factor method. The only difference is the order which is defined by Factor I at the start of each new hand.

Instead of using a mathematical model to deterministically generate numbers that look random and have the right statistical properties, a ‘True Random Number Generator’ (TRNG) extracts randomness (entropy) from a physical source of some type and then uses it to generate random numbers. The physical source is also referred to as an entropy source and can be selected from a wide variety of physical phenomenon naturally available, or made available, to the computing system using the TRNG.

Equipped with our server infrastructure, we run multiple instances of Quantis Hardware Random Number Generators for our Factor II. The hardware uses light Photons as the entropy source. These forces of nature are scientifically proven to be completely random to the extent of our current scientific knowledge.

Each card in the remaining card deck corresponds to a specific predefined sequence of ‘0’s and ‘1’s. As the TRNG begins to work, it starts generating random numbers incredibly fast. Our systems start to record these numbers and once a sequence is detected that corresponds to a specific card, that card is selected and sent to the game client as the chosen card.

Peer-to-peer nodes within the Blockchain infrastructure solve complex math problems all day at over 26 Billion GH/s. The network creates new unique hashes throughout the day for new transactions that are not-yet-confirmed and confirmed. These are unpredictable and unique.

Hashes are stored in our internal collection database for future one-time use. Any duplicates are automatically removed as it is possible, but unlikely, that duplicate transactions are detected. We keep a consistently updated log of hashes for future use so we can accommodate busier days that have more RNG requests (more hands played).

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Factor I flips a coin and selects the order of II–III (or) III–II.

Whichever Factor is selected to be first will be used for randomizing the Starting Hands.

Whichever Factor is selected to be second will be used for randomizing the Flop Cards.

The first Factor will then be used again for the random selection of the Turn Card.

The Second Factor will then be used again for the random selection of the River Card.

This process then starts again (when a new hand begins) with a new coin flip.

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How many times have pocket Jacks worked out for you? Statistically, they are supposed to be the 4th best starting hand in poker.

How many times have you hit your Ace while at the same time your opponent also hit the Ace and one of you will most likely get your money in ‘good’ and end up realizing the bad news?

How about playing lower pocket pairs like ‘9’s through to ‘2’s in an all-in pre-flop scenario and losing way more than half the time vs ‘none pocket pair hands’? Statistically you should be winning 55%* of the time.

To summarize:

What Does All This Really Mean to Poker Players?

The third factor in our RNG process takes the latest hash in our real-time collection as the ‘seed’ of our custom built PRNG algorithm and proceeds to randomize the remaining deck of cards for the required game action.

Since we are using an entropy source which is completely unpredictable and unique via the Blockchain, the PRNG works well as we do not rely on our computer to randomly generate the predictable entropy.PRNGs can work well but it is the starting conditions that are the fundamental flaw of a deterministic system. Using Blockchain technology eliminates this problem. Although it comes with a few limitations, it is used as a secondary factor in our RNG process.

To future proof this Factor, in the extremely rare instance that we exceed our collection library and exceed the real-time network of hashes generated due to our player volume per hour increasing, our systems will look to supplement hashes from the Ethereum network as a backup. The switch is instantaneous and has been tested to cause no in-game delay.

As a player, you will get fewer bad beats, fewer ‘coolers’, and less frequent extreme scenarios.

We are not claiming that these scenarios can never happen. We just believe that through our superior card shuffling technique it happens less frequently, meaning a good poker play will result in a more frequent wins.

From our discussions over the past year with many regular online poker players and from what our research has shown, here are some typical scenarios that happen frequently in your traditional online poker room:

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In each hand, the deck is shuffled 4 times at every action (Pre-flop, Flop, Turn, River).

Both our RNG ‘shuffling’ methods are used in an alternating random order.

One of our shuffling methods includes a ‘TRNG’ hardware-based unit that looks at quantum properties. In simple terms it analyzes how light moves and records ‘0’s and ‘1’s based on its random/unpredictable movement.

The other shuffling method uses Blockchain hashes to improve randomness by using a source that is both unique, unpredictable and one that cannot be replicated.

The result is a continuously shuffled deck that is generated randomly through infinite unknown variables and has a 0% chance of predictability. This makes it a truly random source that no computer software on the planet can generate. This process then starts again (when a new hand begins) with a new coin flip.

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Or the most obvious situation where you see crazy plays like 3+ people going all-in because for some reason the system dealt everyone premium hands all in one go? This seems to particularly happen in tournaments.

Conclusion

Head Office

We are not claiming any of these in-game scenarios to be true, but through our research and speaking with many online players, you hear these scenarios happening more frequently than they should, statistically speaking.

This is all really due to using old RNG algorithms and methods that have not been updated for a long time, instead of having hardware powered RNG systems that generate truly random numbers or having a system like ours where we went fully bespoke and built something unique.

How many ‘game update’ emails have you received from the poker site that you play on? Compare that to how many emails you get about a new bonus. Most companies are simply focused on trying to squeeze you for as much revenue as possible instead of really improving the game of online poker.

Since computers are unable to truly generate random numbers, most traditional online casino and poker games are severely lacking in innovation when it comes to game fairness and integrity.

Many regular players simply accept bad beats and continue playing, while many others quit due to unfair money lost in incredibly rare scenarios that somehow keep occurring.

These are serious issues with the current state of online gambling sites, and there needs to be a genuine solution. Sites need to be turning towards hardware and innovative solutions to ensure the games are fair. Old technology needs to be upgraded.

We believe we have created one of the fairest online poker games on the planet, and this is just the beginning. Video case studies that compare our platform with many others will be published soon after our Q1 2020 launch.

Telephone: +61 28 114 4519

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Important Disclaimer

The advice provided in this SUMMARY is general in nature only. Information in this SUMMARY as well as the graphs and links provided is for broad information only and should not be taken as constituting professional advice.

Zipett is not a financial adviser. This SUMMARY has been prepared without taking into account your objectives, financial situation or needs. You should consider seeking independent legal, financial, taxation or other advice to check how the SUMMARY information relates to your unique circumstances. Nothing in the SUMMARY shall be deemed to constitute a prospectus or a solicitation for investment, nor does the SUMMARY contain any offer nor any solicitation to purchase Zipett Coin.

In regard to any products that are detailed in this SUMMARY, you should obtain a Product Disclosure Statement relating to the product and consider its contents before making any decisions. Zipett is not liable for any loss caused, whether due to negligence or otherwise arising from the information in this document, or reliance on the information provided directly or indirectly by the use of this SUMMARY. Where quoted, past performance is not indicative of future performance. Please be advised this is ONLY A DRAFT BUSINESS SUMMARY TO PROVIDE AN UNDERSTANDING OF WHAT WILL BE IN THE FINAL WHITEPAPER.

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Representation and Warranties by You

By accessing and/or accepting possession of any information in this Whitepaper or such part thereof (as the case may be), you represent and warrant to each of the Company Entities as follows:

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you agree and acknowledge that the Z4L Tokens do not constitute securities of any form, units in a business trust, units in a collective investment scheme or any other form of investment in any jurisdiction; you are not a citizen, person domiciled in, or resident of a country the laws of which prohibit or conflict with the Token Sale or your participation in the Token Sale; you agree and acknowledge that this Whitepaper does not constitute a prospectus, advertisement or offer document of any sort and is not intended to constitute an offer of securities of any form, units in a business trust, units in a collective investment scheme or any other form of investment in any jurisdiction, or a solicitation for any form of investment, and you are not bound to enter into any contract or binding legal commitment and no cryptocurrency or other form of payment is to be accepted on the basis of this Whitepaper; you acknowledge and understand that no Z4L Token should be construed, interpreted, classified or treated as enabling, or according any opportunity to, token holders to participate in or receive profits, income, capital gains or other payments or returns arising from or in connection with the Z4L Tokens or the proceeds of the Token Sale, or to receive sums paid out of such profits, income, capital gains or other payments or returns; you acknowledge and understand that no Z4L Token should be construed, interpreted, classified or treated as representing any debt or debt instrument owed by the Company; you agree and acknowledge that no regulatory authority has examined or approved of the information set out in this Whitepaper, no action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction and the publication, distribution or dissemination of this Whitepaper to you does not imply that the applicable laws, regulatory requirements or rules have been complied with; you agree and acknowledge that this Whitepaper, the undertaking and/or the completion of the Token Sale, or future trading of Z4L Tokens on any cryptocurrency exchange, shall not be construed, interpreted or deemed by you as an indication of the merits of any Company Entity, the Z4L Tokens, the Token Sale, and the Z4L Ecosystem; the distribution or dissemination of this Whitepaper, any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to any Company Entity; you agree and acknowledge that in the case where you wish to acquire any Z4L Tokens, Z4L Tokens are not to be construed, interpreted, classified or treated as:

I. any kind of currency other than cryptocurrency;II. any kind of debt or debt instrument;III. debentures, stocks or shares issued by any person or entity;IV. rights, options or derivatives in respect of such debentures, stocks or shares;V. rights under a contract for differences or under any other contract the purpose or

pretended purpose of which is to secure a profit or avoid a loss;VI. units in a collective investment scheme;VII. units in a business trust;VIII. derivatives of units in a business trust; orIX. any form of investment;

you are fully aware of and understand that you are not eligible to acquire any Z4L Tokens if you are a:

I. citizen, resident, person domiciled in, or green card holder of the United States ofAmerica;II. citizen, resident, person domiciled in, or resident of a country the laws of which prohibitor conflict with the Token Sale or your participation in the Token Sale; orIII. person who is located in the United States of America or the People’s Republic of Chinaat the time of your intended purchase or purchase of Z4L Tokens in the Token Sale;

you are legally permitted to participate in the Token Sale and all actions contemplated or associated with such participation, including the holding and use of Z4L Tokens;

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