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Page 1: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

Sean Weisbrot, Mark Dille, Aaron Bijasa,

Jerome Manzano, Andrey Philippov, Junvic Valdez,

Steve Good, Anna Wong, and Uri Shub

29 October 2019

Page 2: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 2

Notice and Disclaimer

PLEASE READ THE ENTIRETY OF THIS “NOTICE AND DISCLAIMER” SECTION

CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS

OR TAX ADVICE AND YOU SHOULD CONSULT YOUR OWN LEGAL, FINANCIAL,

TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY

ACTIVITY IN CONNECTION HEREWITH. NEITHER SIDEKICK INTERNATIONAL

PTE. LTD. (THE COMPANY), ANY OF THE PROJECT TEAM MEMBERS (THE

SIDEKICK TEAM) WHO HAVE WORKED ON SIDEKICK (AS DEFINED HEREIN) OR

PROJECT TO DEVELOP SIDEKICK IN ANY WAY WHATSOEVER, ANY

DISTRIBUTOR/VENDOR OF KAI (THE DISTRIBUTOR), NOR ANY SERVICE

PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE

OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH

ACCESSING THIS WHITEPAPER, THE WEBSITE AT HTTPS://SIDEKICKAPP.IO/

(THE WEBSITE) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE

COMPANY.

This White Paper was written to present Sidekick to potential users. The

information presented below may not be exhaustive and does not imply any

elements of a contractual relationship. Nothing in this White Paper should be

considered a prospectus of any sort, an offer document, an offer of securities, a

solicitation for investment, nor does it in any way pertain to an offering or a

solicitation of an offer to buy any securities (whether digital or otherwise) in any

geographical jurisdiction.

By accessing the Whitepaper or the Website (or any part thereof), you represent

and warrant to the Company, the Distributor, its affiliates, and the Sidekick team

as follows:

a. in any decision to use Sidekick, you have not relied on any statement set out

in the Whitepaper or the Website;

b. you acknowledge, understand and agree that KAI will be used in the same way as a reward point system for participants on the platform and that it has no value outside the ecosystem?

Page 3: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 3

c. may have no value, there is no liquidity for KAI, and KAI is not for speculative

investment; and

d. none of the Company, the Distributor, its affiliates, and/or the Sidekick team

members shall be responsible for or liable for the value of KAI, the

transferability and/or liquidity of KAI and/or the availability of any market for

KAI through third parties or otherwise.

The native credit on Sidekick (“KAI”) is not intended to 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. This document is not a

prospectus and does not constitute or form part of any offer, invitation, or

solicitation of any investment and does not pertain in any way to an offering,

invitation, or purchase of securities in any jurisdiction.

In addition, KAI cannot be used for any purposes apart from those provided in

the White Paper. KAI credits confer no rights whatsoever, as it is merely a credit

used for rewards

The information set out herein is only conceptual, and describes the future

development goals for Sidekick to be developed. The Whitepaper or the Website

may be amended or replaced from time to time. There are no obligations to

update the Whitepaper or the Website, or to provide recipients with access to

any information beyond what is provided herein.

All statements contained herein, statements made in press releases or in any

place accessible by the public and oral statements that may be made by the

Company, the Distributor and/or the Sidekick team, may constitute forward-

looking statements (including statements regarding intent, belief or current

expectations with respect to market conditions, business strategy and plans,

financial condition, specific provisions and risk management practices). You are

cautioned not to place undue reliance on these forward-looking statements

given that these statements involve known and unknown risks, uncertainties

and other factors that may cause the actual future results to be materially

different from that described by such forward-looking statements, and no

independent third party has reviewed the reasonableness of any such

statements or assumptions. These forward-looking statements are applicable

only as of the date indicted in the Whitepaper, and the Company, the Distributor

Page 4: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 4

as well as the Sidekick team expressly disclaim any responsibility (whether

express or implied) to release any revisions to these forward-looking

statements to reflect events after such date.

This White Paper may be modified from time to time to provide more detailed

information. This English language White Paper is the primary official source of

information about KAI credits. The information contained in this document may

from time to time be translated into other languages or used during written or

verbal communications with existing and prospective customers, partners, etc.

In the course of such translation or communication, some of the information

contained in this White Paper may be lost, corrupted, or misrepresented. The

accuracy of such alternative communications cannot be guaranteed. In the

event of any conflicts or inconsistencies between such translations and

communications and this official English language White Paper, the contents of

this English language original document shall prevail.

No regulatory authority has examined or approved of any of the information set

out in the Whitepaper or the Website. No such action has been or will be taken

under the laws, regulatory requirements or rules of any jurisdiction. The

publication, distribution or dissemination of the Whitepaper or the Website does

not imply that the applicable laws, regulatory requirements or rules have been

complied with.

The Company, the Distributor and the Sidekick team do not and do not purport

to make, and hereby disclaims, all representations, warranties or undertaking to

any entity or person (including without limitation warranties as to the accuracy,

completeness, timeliness or reliability of the contents of the Whitepaper or the

Website, or any other materials published by the Company or the Distributor). To

the maximum extent permitted by law, the Company, the Distributor, their

affiliates and service providers shall not be liable for any indirect, special,

incidental, consequential or other losses of any kind, in tort, contract or

otherwise (including, without limitation, any liability arising from default or

negligence on the part of any of them, or any loss of revenue, income or profits,

and loss of use or data) arising from the use of the Whitepaper or the Website,

or any other materials published, or its contents (including without limitation

any errors or omissions) or otherwise arising in connection with the same.

Page 5: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 5

Contents

Notice and Disclaimer .................................................................................................. 2

Our Vision .................................................................................................................... 7

Building the first ever ‘Social Commerce’ App ................................................. 7

Our Team ..................................................................................................................... 8

Market Overview .......................................................................................................... 9

Messaging Systems and their limitations ........................................................ 9

Payments Market........................................................................................... 13

Ecommerce Spend ......................................................................................... 15

Current Problems with the Siloed Messaging Apps ........................................ 18

Product Stagnation ................................................................................................................................... 18 Data Privacy .............................................................................................................................................. 20

Fake Profiles and Scammers ................................................................................................................... 21 Summary.................................................................................................................................................... 22

Our Solution .............................................................................................................. 23

Building a Social Commerce App & Network .................................................. 23

Core Features ................................................................................................ 24

Blockchain ................................................................................................................................................. 24 Artificial Intelligence ................................................................................................................................. 25 Payments ................................................................................................................................................... 26

Monetisation.............................................................................................................................................. 27 KYC Verification ........................................................................................................................................ 28 Privacy ....................................................................................................................................................... 30

Services...................................................................................................................................................... 30 Encrypted and Secured File Manager ...................................................................................................... 32

Who is Sidekick for? ...................................................................................... 32

Individuals ................................................................................................................................................. 33 Businesses ................................................................................................................................................ 34 Educators ................................................................................................................................................... 35

Page 6: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 6

Influencers ................................................................................................................................................. 36

Roadmap ................................................................................................................... 37

KAI Credit Overview ................................................................................................... 38

Introduction ................................................................................................... 38

How to earn KAI ......................................................................................................................................... 38 How to use KAI .......................................................................................................................................... 39

Blockchain to enable in-app fund transfers and transaction ................................................................ 39

Legal ......................................................................................................................... 41

End Notes .................................................................................................................. 50

Page 7: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 7

Our Vision

Building the first ever ‘Social Commerce’ App

We are building a seamlessly integrated messaging, payments, and marketplace

ecosystem for individuals, businesses, educators, and influencers. When we put

it all together, it forms the basis of a global “social commerce” ecosystem.

Why Social Commerce? We recognise that the messaging market has become

oversaturated, and yet the services market within these apps has not been

addressed. We are solving what the other applications lack in terms of the

features, functions, and solutions that expand user reach, accelerate their

growth, and enable them to monetise their brands in ways not seen before.

Imagine a platform where people can retain their privacy and know that they are

speaking to real people; a place where they can monetise their value, services

and products in a borderless way.

Many MVP features are already working, and we’re preparing to launch soon. In

addition, a large percent of our entire roadmap is laid out in detail, including full

UI/UX and mock-ups, meaning our new feature launch times are drastically

shortened. No doubt with that much already prepared, our roadmap will

continue to evolve to better serve the world.

We are Sidekick. Welcome to Social Commerce.

Page 8: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 8

Our Team

Page 9: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 9

Market Overview

Messaging Systems and their limitations

The messaging market has seen a rapid growth in user communications

starting with the early chat applications on bulletin boards evolving into social

media platforms and then into a variety of chat-based applications. These apps

all fundamentally provide the same features with some minor variances, but

none have evolved significantly to deliver a set of services that provide a social

commerce ecosystem with the one exception being WeChat but limited to

Chinese markets.

There are over a dozen messaging apps that each have more than 100 million

monthly active users.

In addition, the market is still growing and with all of these companies expecting

significant year-on-year growth.

B I In te l l i ge nce

Mo

nth

ly a

cti

ve u

se

rs i

n m

illio

ns

4Q

‘11

1Q

‘12

2Q

‘12

3Q

‘12

4Q

‘12

1Q

‘13

2Q

‘13

3Q

‘13

4Q

‘13

1Q

‘14

2Q

‘14

3Q

‘14

4Q

‘14

1Q

‘15

2Q

‘15

3Q

‘15

Source: Companies, BI Intelligence estimates

1,000

0

800

200

400

600

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© 2019 Sidekick | 10

The expanding nature of this market means there is still room for competitors

and for products that offer differentiation and new services that expand beyond

just basic messaging infrastructure. The demand from users to have integrated

services has become a next-generation requirement which has yet to be

delivered. But the vast array of other apps that are required to conduct business,

run services, and make payments represent an enormous market of redundancy

that can be simplified into a single product or service. Products such as Zapier

exist for that very reason, to integrate apps and processes for e-commerce in

the absence of any integrated products or services in the market that fulfil

social messaging and integrated e-commerce in one app.

For the purposes of a simple comparison, the table below highlights the key

features that are native to Sidekick as a Social Commerce platform compared to

some of the major messenger platforms being Facebook Messenger, Telegram,

WeChat, and WhatsApp.

Source: Deutsche Bank based on company reports

Mo

nth

ly a

cti

ve u

se

rs (

mil

lion

s)

2015 2016 2017 2018 2019 2020

2000

0

1500

500

1000

Page 11: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 11

Blockchain

Not yet

Not yet

Artificial Intelligence

Payments

Monetisation

KYC Verification

Privacy Not default Not default

Services

Secured Files

Not default

Of particular note is how limited all of these platforms are and how little

innovation has been seen in the market over the past few years. Each have

continued to evolve the messenger aspects of the platforms by adding small

features that are often times quite granular and not necessarily noticeable to the

primary user base. However, in focusing so narrowly, all of them have fallen prey

to a lack of further innovation or development that would enable them to

recognise how quickly the markets have shifted and the potential opportunities

that exist but are not being addressed.

WhatsApp is the world’s largest messaging platform, is owned by Facebook, and

will have Facebook’s cryptocurrency integrated into it. Telegram is actively

developing their own Blockchain, and originally planned to launch their new

platform by October 31, 2019. On October 11, 2019, the SEC issued an

emergency restraining order against Telegram for their GRAM token sale, and

their launch is on hold indefinitely.2 However, blockchain alone does not address

the vast opportunity in the messaging market nor the demand that users have

for a far more robust and integrated set of features to interact both socially and

through E-commerce whilst gaining a level of privacy control not provided by

anyone today.

Page 12: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 12

WeChat has the world’s largest and most successful fiat wallet integrated into

their messaging platform. They focus almost exclusively on the Chinese market,

as well as Chinese citizens who travel abroad. This is a great example of a

product that could have evolved and expanded beyond its own market but

simply has not done so. WeChat may expand some services, but the app has not

evolved to a point where a globally-based social-commerce platform would

work within their current design.

Page 13: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 13

Payments Market

Global digital payment processing is a massive market expected to reach $6.68

trillion USD by 2023. When considering only the peer-to-peer aspects of

payments, the two most relevant western competitors are PayPal, which

represents traditional merchants, and BitPay, which represents blockchain

merchants. Both lack a native messaging app or any form of in-app integration

to other services, but nevertheless remain profitable and continue to grow.

BitPay has raised over $72.5 million USD as of March 2019. In 2018, they

recorded $1 billion USD in transactions, which resulted in growth of 255%.

BitPay is the main western player in blockchain payments, and they focus on

business to consumer. They have managed to build partnerships with the likes

of Wikimedia to power donations, and Ohio state to manage citizens paying

taxes in Bitcoin. and security.

PayPal was last valued at $118.81 billion USD in March 2019. In 2018, PayPal

created an internal reward system with a blockchain token for employees.

PayPal has also filed a patent for an ‘Expedited Virtual Currency Transaction

Source: Statista, February 2019; Selected region only includes countries listed in the Digital Market Outlook.

Ac

tive

us

ers

in m

illio

ns

Mobile POS Payments Digital Commerce

3,309 3,539

3,756 3,960

4,148 4,320 4,476

2017 2018 2019 2020 2021 2022 2023

4,000

0

3,000

1,000

2,000

5,000

824 976 1,133

1,287 1,427 1,551 1,658

Page 14: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 14

System’ that would place the amount being sent into a secondary wallet and

send the private key to the receiver, thus speeding up transactions

significantly. One year later, they have yet to publicly announce a use case for

the patent.

Taking into account the market size and potential of the global messaging

market place, demonstrates that there is still room to enter with the right

solution for multi-dimensional, fully-integrated, commerce-based, social-

messaging apps. The following comparison shows the native features that

Sidekick has and how these features are predominantly absent in any of the

primary payments providers.

Blockchain

Artificial Intelligence

Payments

Monetisation

KYC Verification

Privacy

Services

Secured Files

The market analysis above highlights the lack of innovation that has taken place

within the payments space. All of these applications are specifically limited to

peer-to-peer payments but lack the integration and the use-cases behind ‘why’

a payment has to take place. The issue users continue to face is that they have

to depart from one app to go to a payment’s app; an activity which is

unnecessary and can easily be solved through a social-commerce platform with

integrated services inside a single application.

Page 15: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 15

Ecommerce Spend

The number of global mobile users is expected to reach 4.78 billion by 2020, and

mobile app spending growth for this demographic is strong with the figure

expected to more than double reaching $188.9 billion USD.

In addition, the market also continues to grow in terms of mobile usage as the

global market continues to expand.

Re

ven

ue

(in

bil

lio

ns

of

US

D)

$69.7 $88.3

$188.9

2017 2016 2020*

© Statista 2019

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© 2019 Sidekick | 16

When comparing some of the more dominant providers in the e-commerce

space such as Amazon, Etsy, eBay and Wish, we see that they continue to grow

with many markets still untapped. There is a huge potential for further growth.

When comparing these e-commerce siloed platforms, we see the potential

Sidekick has to enter into a variety of mature as well as untapped markets to

offer a variety of services.

Source: Statista, 2019

Nu

mb

er

of

mo

bil

e u

se

rs (

bill

ion

s)

4.15 4.3

4.43 4.57

4.68 4.78

2015 2016 2017 2018 2019 2020

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© 2019 Sidekick | 17

Blockchain

Artificial Intelligence

Payments Fiat Fiat Fiat Fiat

Monetisation

KYC Verification

Privacy

Services

Secured Files

Based on our core features, there is clear potential to disrupt this industry by

enabling businesses and users to interact and transact in a far more dynamic

way. The range of features we are launching will enable our communities to

build stronger connections between businesses and customers by bringing

them closer together, underpinned with blockchain to enable faster, secure, and

error-free transactions between parties.

Page 18: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 18

Current Problems with the Siloed Messaging Apps

Product Stagnation

Despite the massive growth in messaging-based platforms, they have been

limited to a narrow focus of services and have not evolved beyond various

forms of messaging. They have disrupted the telecoms industry by providing a

wider range of mobile communications services which have added significant

value to our daily lives and to how we operate and communicate. And they have

evolved in terms of private chats, group chats, and some forms of audio and

video calling, but have not expanded to any forms of commerce or integration

with other services as the market has expanded.

Facebook Apps Dominate Global Mobile Messaging Monthly active users, in millions

Source: Company announcements, January 2019

Mo

nth

ly a

cti

ve u

se

rs (

in m

illio

ns

)

1,300

1,300

1,058

1,000

1,000

600

200

186

1,500

B U S I N E S S I N S I D E R

I N T E L L I G E N C E

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© 2019 Sidekick | 19

These messaging companies and platforms consist of western based

companies such as Facebook, Telegram, and Google, and eastern companies

such as WeChat, LINE and Kakao. Each of these companies has built services

that started with messaging, shifted to various forms of video and in some, but

not all cases, have progressed to live streaming services.

In fact, the challenge that users face is the vast number of siloed applications

that they must use in order to do messaging, video, payments, content, file

management and even distribution. All of these activities are part of our daily

lives and yet are not properly integrated into our working and daily lives. As a

result of this siloed approach to application development, most users have 89

applications on average installed on their smartphones; but most use an

average of 35 applications in a given month.

Monthly Average Number of App Used and Installed Smarphone uses in Selected Markets, 2018

0 10 20 30 90 80 40 50 70 60 100

China

Canada

Japan

United States

France

Brazil

UK

Germany

India

South Korea

Total Apps Installed Apps Used Monthly

Page 20: Sean Weisbrot, Mark Dille, Aaron Bijasa, Jerome Manzano ... · as well as the Sidekick team expressly disclaim any responsibility (whether express or implied) to release any revisions

© 2019 Sidekick | 20

Data Privacy

One of the major themes we often see discussed in the news is how companies

control their users’ data and the vast number of ensuing privacy issues.

Unfortunately, there have been a number of events that have affected larger

companies entrusted with our data who have not yet been able to manage that

data safely. In many instances these companies have sold our personal data on

to 3rd parties simply by getting our permission to do so in long and

overcomplicated user agreement documents which we are forced to sign in

order to continue using their applications.

Online privacy concerns are widespread

% who agree with the following statements

62% 65%

NORTH AM

62% 65%

EUROPE

61% 60%

APAC 63% 65%

MIDDLE EAST 59% 82%

LAT AM

Question: To what extent do you either agree or strongly agree with the statements below?

Source: Global Webindex Q2 2018 Base: 91,913 Internet Users aged 15-64

I am concerned about the internet eroding my personal privacy

I worry about how my personal data is being used by companies

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© 2019 Sidekick | 21

The problem is that users do not want to stop using the applications they are

using daily and do not expect that a company would ever do anything to harm

them. In reality, users have been naively signing away their personal data

through the user agreements, which in exchange has given the users access to

a variety of free platforms and messaging tools. The reality is that this data has

been made available through sale to 3rd parties. The platforms have all

continued to increase advertising within the apps to monetise their users even

going so far as reading the users’ personal data in order to maximise targeted

advertising that is far too personal and ‘knowing’ in nature.

Breaches

We have seen Facebook in the press multiple times, most notably for the

Cambridge Analytica scandal where Cambridge Analytica were given access to

50 million users’ data, which was then used for targeted advertising in election

campaigns.

A more recent scandal was that Facebook stored up to 600 million user’s

passwords in plaintext on their servers for up to seven years, and 20,000

employees had access to the files.

These types of breaches should not be occurring, and they are increasing

pressure on these companies to be held accountable for the way they handle

our data and privacy.

Fake Profiles and Scammers

Another serious issue to evolve is the increase of fake user profiles created on

all social media and messaging platforms. The more open the platform is, the

easier it has been for fake profiles to be created which prey on innocent people

by conducting a variety of illicit activities. These scams have led many to lose

money or encounter various forms of identity fraud.

We believe that current user verification methods are no longer sufficient to

safeguard users and ensure that the interaction between people is genuine.

Unfortunately, mobile phone numbers can be cloned, and emails alone are not

sufficient for verification, let alone protecting backup and recovery systems.

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© 2019 Sidekick | 22

Summary

It’s fair to say that the market is shifting. Users are expecting and, in some

cases, demanding more. They want to have access to a wider range of services

that are integrated with the many use cases we have for how we actually

operate and interact daily. Users have encountered multiple data breaches or

had their data sold, and exploited in ways that are uncomfortable and unfair.

People want to know that they can operate, communicate, work and share their

content in a safe environment. They do not want to be scammed and do not

want fake people scamming them, taking advantage of them or hurting what

they are trying to accomplish. We believe there is a better way to provide social

commerce services that simplifies our daily interactions through integrated

services whilst eradicating the privacy and scam related issues that are so

prevalent in the industry yet often ignored by the current major service

providers.

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© 2019 Sidekick | 23

Our Solution

Building a Social Commerce App & Network

We launched Sidekick to address the three primary concerns that users have

and to expand the services and functionality that users have access to. Our goal

is to deliver a platform and application that is more robust, more secure, and

more private. Sidekick is more than just a messaging platform. It is a social

commerce platform that provides a wide array of services and functions so

people can reduce the number of applications they rely on, to manage their lives

and tasks.

Sidekick is building a single and simplified app that delivers value to our users in

ways that keeps what we do contained to a single place without having to

switch between multiple platforms. We transition from messaging and pure

social media to social commerce. Providing and building a social commerce

platform enables us to capture a wide variety of users who want to simplify their

lives and interact in ways that match how they work.

Individuals want to be able to do more than just communicate with their friends.

Sometimes they want to share photos or videos. Sometimes they have to send

their friends or family money too; and even want to have access to video or

educational content found in a variety of places. Businesses want to interact

with customers, resolve customer support related issues and process refunds

immediately. Freelancers often do work, deliver their services and then require

payment. Educators and influencers produce content, build user communities,

and interact, post, and charge for their activities through a range of products

which overcomplicate simple activities.

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© 2019 Sidekick | 24

Core Features

We have built our app with 8 core features which are intended to deliver targeted

value across our entire ecosystem in a way that will disrupt the very nature of

existing singularly focused messaging platforms, payments apps and targeted

e-commerce.

Blockchain

Blockchain is core to the Sidekick platform because of the variety of features

and solutions our users can benefit from by having blockchain power the

system. The very nature of blockchain ensures a global, persistent, and instant

payments’ gateway among all users within our platform. Transactions are

written, stored, and made immutable, meaning that we have records of

everything that takes place to eliminate fraud and to make transactions between

parties transparent and safe. Freelancers can get paid within the platform for

work they do for their business. Individuals can sell used items. Businesses and

educators can have conversations with their clients and receive instant

payments.

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© 2019 Sidekick | 25

Artificial Intelligence

Each user will be given the opportunity to create their own personalised AI

which they name, train, and cooperate with. Each AI will learn their human

partner’s personal characteristics and needs through interaction. The central

Sidekick AI algorithm will allow us to feed data back to individual AIs, thus

speeding up the learning process. Users will be able to make public or private

the content they generate on services like Services, Q&A, etc. If users select to

make the content public, this generated data will be fed to the central AI

algorithm to train its recommendation engines. This will enable us to vastly

enhance job matching, people matching, Q&A matching, Services matching, etc.

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Payments

We are integrating a multi-currency

payment system into every aspect of

our ecosystem to make buying

anything quick and easy so

individuals can transfer money to

each other, as well as spend on a

variety of goods and services.

Content creators of any kind from

educators to social influencers can

also monetise their content by

providing free or exclusive, paid-for

content within our ecosystem. With

blockchain as the core of the

infrastructure, anyone can make an

immediate payment for goods or

services.

Imagine a company’s support staff

being able to initiate a refund for a

service you cancelled or didn’t enjoy

and being able to receive it

immediately? Or how about receiving

a tip or a thank you for being a loyal

follower or contributor. Sidekick was

built with this in mind to allow

anyone to transact anytime,

anywhere, without borders, time

constraints, or limits.

.

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Monetisation

Receiving payments in any number

of cryptocurrencies lays the

groundwork for being able to

monetise anything.

Businesses can monetise their

goods and services in ways they

haven’t done before.

Educators can create and sell their

content.

Individuals monetise their

interactions through participation in

competitions, by being rewarded for

doing reviews, or anything that

anyone can come up with to engage

their users and followers. By selling

used items or providing some

freelance services on the side to

make some extra money.

Influencers can create, share, and

sell content, as well as sell

knowledge directly inside their

groups or in the Q&A section. They

can also get tips for their great work.

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KYC Verification

We know that asking people to verify

their own identity disrupts the

mindset of those who want to sign

up and just start using an

application. The reality is that users

also want to know that the people

they are communicating with are

real and verified. To achieve this, we

need a way to root out bad actors

effectively.

In order to successfully prevent

scammers from harming the security

of the ecosystem, users who verify

by national ID or passport will

display a badge in their public profile

showing they are genuine users.

Unlike other systems that place the

badge inside the display photo area,

so anyone can easily photoshop the

badge into their photo and pretend

to be verified, our system will place

the badge outside of the photo but

inside the profile so it can’t be

circumvented.

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By having knowledge of who we are communicating with and whether they are

genuine means that users can also determine whom they wish to communicate

with. Businesses and influencers can also determine that only verified users can

communicate with them; and we can all limit the interactions we have to people

who we know to be real. We can prevent fake profiles from entering into our

group discussions and prevent them from scamming us or selling us fake goods

and services or worse.

Our system will enable users to verify their identity using state-of-the-art KYC

software that will verify users by way of a passport or other national I.D., as well

as biometric scans via facial recognition.

KYC verification will not be required but will be encouraged, and those who pass

the verification process will enjoy the following benefits:

• KYC verified badge for all verified users in their profile and next to their name

• Create Private groups that only verified users can join

• Elect to only allow friend requests from other verified users

• Access advanced wallet (import/export private keys)

• Lift restrictions on transaction limits

• Sell verified items in the Marketplace

• Post verified job listings

Over time, we will add more benefits for verified users to incentivise users to

complete their KYC.

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Privacy

Sidekick is designed with privacy as core to the system. This encompasses a

few aspects.

Control over your own data

It is critical to give users back control of their own data. As such, Sidekick is

designed to so that users always have control over their data, how it is shared,

and who can access it. Sidekick will not control or share user data ever.

Control over how you connect with others

Users will also be able to control how easily they are found and how much

information on their profile can be displayed. Current messaging apps fall short

of this whilst social media apps have already solved this. We recognise that

users want control of their data and privacy, so this is core to our product. Users

will be able to determine who can see their profile, and for those with strict

privacy settings, will be able to accept new requests from other users,

influencers, educators, and businesses in order to interact with them.

Encryption of private chats

All private chats will be encrypted end-to-end. Data cannot be shared and

cannot be forwarded to other users. Private chats will be limited to KYC verified

users, this will ensure that Sidekick does not promote, encourage or accidentally

allow nefarious conversations between users that should not be occurring.

Services

Sidekick is developing a wide range of ways users, content creators, and

businesses can employ to offer different types of services such as:

• A storefront or shop to sell products

• Freelancers selling services

• Jobs board

• Question and answer boards for building influence

• Online and offline event planning and ticketing, including but not limited to

online webinars

• Exclusive or fee-based content:

o Video

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o Audio (music, jingles)

o Written content (e.g. books)

o Educational

• Mini-Apps 3rd party interface to expand services to our users

The Sidekick marketplace is a P2P social commerce market. A core feature of

Sidekick is to create a social commerce platform, and this will be driven through

the marketplace features. Users are able to use the marketplace to create a

range of services from storefronts to educational and video content to online

services. Businesses can operate and run portions of their business within the

platform whilst users can sell their own products and services to the entire user

community.

The openness of the marketplace as a social commerce experience will enable

users to both communicate with each other as well as buy the products or

services they need. Users will be able to have Q&A discussions to help each

other, to share ideas, build up influence and authority, and provide feedback.

To gain adoption, the financial aspects of the marketplace will be driven by the

use of multiply top cryptocurrencies users are already familiar with, like Bitcoin,

Ethereum, Litecoin, and Bitcoin Cash. This will further drive the ecosystem and

economy and to get core adoption of the service features.

Businesses and even content creators from all over the world can use Sidekick

to help them monetise their businesses or expand their presence beyond their

local markets by:

• Offering discount coupons to encourage people to come to their store to buy

their products

• Advertising to our global community to grow their business at a fraction of

the cost of traditional social media platforms and advertising online

• Expanding their services through the marketplace

There will also be an open API to our marketplace to enable 3rd parties to create

‘Mini-Apps.’ This will be how Sidekick onboards traditional businesses that

aren’t ready to specifically build a presence inside the ecosystem but are willing

to connect with and serve cryptocurrency users. Some examples of this are

travel booking, insurance, and buying gift cards.

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Encrypted and Secured File Manager

One of the core components of Sidekick is the first ever File Manager within a

social app. There are several benefits and reasons for providing this service.

First, by developing this system we can prevent storage requirements from

becoming bloated beyond necessity. In this way, when a user uploads a file, it

gets encrypted and hashed into our server one time, and the server can serve

the file to users the owner wants to share the file with.

Second, because the user will have access to a UI to manage their files, users

can see the full picture of what files they have uploaded.

Third, users can determine which files to delete and when, which means those

files absolutely get purged from our servers.

Who is Sidekick for?

Over the last year and a half, the Sidekick team has engaged a variety of

individuals and groups from all over the world to understand their needs. By

placing people first, we have come to understand their daily needs, frustration

with current services, and desired features. This has led us to develop a

comprehensive yet simplistic solution.

The system is built to account for the widest array of users who will be the most

likely to create, consume, and share content as well as have goals to expand

their own spheres of influence. To maximise this benefit, all of the modules are

designed with re-usability and delivering real value to these four key groups of

people:

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Individuals

Individuals are the most valuable

users to the ecosystem, because

without them businesses, educators,

and influencers have no audience to

engage with. These users are

defined as anyone who simply wants

to communicate, interact, listen,

learn or follow others.

This does not preclude individual

users from doing side businesses or

freelancing. In fact, we hope to

encourage them to stand up and

generate value for themselves and

the ecosystem and monetise

themselves. The use cases for

individuals for how and why they

want to communicate is quite wide.

Individuals inevitably join groups related to topics they are passionate about,

which gives them the chance to exchange ideas and meet interesting people.

From these interactions, they will break off into private conversations that

become thriving relationships, no matter how many time zones separate them.

When you think about individuals, they are anyone, and they each have needs.

We built Sidekick to ensure people know that the people they speak to are real

and that the platform will also securely maintain their own data; These

foundations are core pillars of our platform.

Individuals may also want to join groups where people are buying and selling

items. Think of this like an open marketplace where anyone can sell anything

they have to anyone. Perhaps they want to monetise a side business or perhaps

they just want to make some money by selling used items. They may want to

attend a local event and even pre-pay before attending. And through these

marketplaces, individuals can communicate, trade goods and services, make

and receive payments all in one place through Sidekick.

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Businesses

Users’ needs change often, and

businesses are under pressure to

transform, often faster than they can

handle. Despite having access to

many platforms, adoption has been

relatively limited to Facebook and

Twitter. Unfortunately, these

platforms are limited in what they

can offer businesses and customers,

often leaving more to be desired. The

reality is that businesses demand a

more comprehensive and inclusive

method of interacting with their

verified customers from shopping to

payments to customer support and

feedback.

Another challenge is expanding into new markets. Users of Sidekick live all over

the world and together use various cryptocurrencies they know and love to

transact, thus making global expansion simple. By utilizing blockchain,

businesses can operate within Sidekick, which will alleviate other banking and

translocation costs which currently hinder global expansion today. This

provides a prime opportunity for businesses to expand in a cost-effective

manner.

Businesses are always pressed to find more intuitive ways to identify and hire

talent. By allowing businesses to post job listings, not only can they convert

customers into potential employees, but other verified Sidekick users can find

new job opportunities in an exciting way.

The features that are built into Sidekick will enable businesses to have a more

interactive, dynamic, and evolving relationship with their customers which

transcends any messaging platform and builds loyalty through multiple touch

points from support to payments to learning what their customers want in real

time.

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Educators

There are many people who create

educational content in written

course or video format. The

challenge for these individuals is to

interact directly with the people they

create the content for, as well as

manage sales and feedback.

Sidekick has a vast roadmap of

features specifically for helping

educators manage their daily

careers.

Some educators will choose to form a free-to-join community as well as

multiple sub-communities that are pay-to-join where premium content will be

disbursed to paying students. These students can simply open the sub-

community link, see the reasons why they should join the group, pay instantly,

then be immediately added into the group, all without needing to speak to the

educator or an assistant. Educators can choose a one-time fee to join, or a

monthly subscription fee to remain in the group.

Inside these groups, educators can disseminate content, foster discussions

around the content, and elicit feedback from students to tweak and enhance the

content. In the future, educators will be able to run live webinars inside their

groups so they can manage everything inside Sidekick, rather than using any

third-party products. They can use our Q&A section to build up influence in their

field of study by answering people’s questions. They can utilise our Events area

to plan and promote new online webinars to attract new students to their

communities.

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Influencers

Influencers require a variety of ways

in which to engage their audiences.

What makes them unique is their

need to have a place where they can

create, share, and control access to

both public and private/exclusive

content whilst engaging their

audiences in discussions. In

addition, there are a plethora of

cryptocurrency influencers who are

paid in a variety of cryptocurrencies

and need to be able to engage

with their sponsors and receive payments from them as well. They also need to

monetise their own brands and receive payments for their content and work

We recognise that trying to serve every need is quite difficult, and we have no

intention to replace the vast number of systems that influencers and content

creators already use. However, we can make their lives far easier by providing

them a single place where they can do more with less time.

When considering how many ways that social influencers and content creators

operate today, what Sidekick is offering is a unique way for influencers to

interact with their followers/subscribers, their sponsors, and those who pay for

exclusive content. Through Sidekick, influencers can streamline their processes

enabling them to focus more on content creation, and reduce the complexity of

monetising their work whilst increasing the way they engage their audiences.

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Roadmap

The following is our detailed roadmap for the next two years. We recognise that

as we evolve, it is subject to change. We will modify it in line with what our users

tells us are the most important features they require to simplify how they work

and interact with others. We have developed this plan with our users in mind

and have many more features planned beyond this high-level overview.

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KAI Credit Overview

Introduction

The native credit of Sidekick (KAI) is a major component of the ecosystem on

Sidekick. It is a functional credit not redeemable for cash, designed to be used

as a reward program for users engagement on the platform. There are a number

of potential use cases for how the KAI credit can be used within the platform;

and these use cases may change over time.

KAI does not in any way represent any shareholding, participation, right, title, or

interest in the Company, the Distributor, its affiliates, or any other company,

enterprise or undertaking, nor will KAI entitle holders to any promise of fees,

dividends, revenue, profits or investment returns, and are not intended to

constitute securities in Singapore or any relevant jurisdiction. KAI may only be

utilised on Sidekick for certain transactions*, and holding KAI carries no rights,

express or implied, other than the right to use KAI as a means to redeem

rewards within Sidekick.

How to earn KAI

There are a number of ways to earn KAI, which may include but not be limited to:

• Activating your Sidekick account

• Filling in your profile

• Successfully referring friends

• Reporting bugs

• Providing feedback / suggestions

• Answering questions

• Answering polls

• Winning design contests

• All on-platform transactions

• All Marketplace purchases

• Sign up bonus for File storage

• Sign up bonus for Premium membership

• Sign up bonus for Teams membership

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How to use KAI

There are a number of ways to use KAI*:

• Users can tip their favourite artists, educators or influencers with KAI

• Sponsored listings

• Cross promotional advertising

• Job listings

• File Management storage renewal

• Premium Membership renewal

• Teams membership renewal

• Businesses can accept KAI in order to provide discounts on Marketplace

goods

All of the above features are driven by the internal ecosystem to run with the

inclusion of the KAI credit. Below are additional details for how payments and

monetisation work in Sidekick.

Blockchain to enable in-app fund transfers and transaction

Sidekick integrates the tokens of many popular blockchains in order to facilitate

all transactions between parties. Users will be able to hold a variety of

cryptocurrencies within the app, most notably Bitcoin, Ethereum, Litecoin, and

Bitcoin Cash. Users will be able to deposit all supported currencies into their

Sidekick wallet as well as withdraw them to external wallets. Users will be able

to transfer or receive funds in all supported currencies within Sidekick, as well

as convert between them.

Transaction fees may apply to certain activities and services. See our website or

terms and conditions for details.

In particular, it is highlighted that KAI:

(a) is non-refundable and cannot be exchanged for cash (or its equivalent value

in any other virtual currency) or any payment obligation by the Company, the

Distributor or any affiliate;

(b) does not represent or confer on the holder any right of any form with respect

to the Company, the Distributor (or any of its affiliates), or its revenues or

assets, including without limitation any right to receive future dividends,

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revenue, shares, ownership right or stake, share or security, any voting,

distribution, redemption, liquidation, proprietary (including all forms of

intellectual property or licence rights), or other financial or legal rights or

equivalent rights, or intellectual property rights or any other form of

participation in or relating to Sidekick, the Company, the Distributor and/or

their service providers;

(c) is not intended to represent any 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;

(d) is not intended to be a representation of money (including electronic money),

security, commodity, bond, debt instrument or any other kind of financial

instrument or investment;

(e) is not a loan to the Company, the Distributor or any of its affiliates, is not

intended to represent a debt owed by the Company, the Distributor or any of

its affiliates, and there is no expectation of profit; and

(f) does not provide the holder with any ownership or other interest in the

Company, the Distributor or any of its affiliates.

The Company will not create such secondary markets nor will either entity act

as an exchange for KAI.

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Legal

1. RISK FACTORS

The business and operations of Sidekick and the issue and distribution of KAI

(collectively, the “Project”) are subject to numerous risks, many of which are beyond

the control of Sidekick. Outlined below are certain development risks associated with

the Project and does not cover all risks associated with the Project. Each Participant

should complete independent due diligence into the Project, peruse, comprehend, and

consider carefully the risks described in this Whitepaper before deciding to use the

ecosystem.

1.1 TECHNOLOGY

(a) Development. Sidekick (KAI) (collectively, the “Project Platform”) is currently under

development and may undergo significant changes before release. The Sidekick

Payment Platform will feature the Sidekick wallet and support in-app purchase

support, subscription payment support, exchange support, digital item purchase

support, and e-commerce payment support. Without completing the development of

the Sidekick App, it will be impossible to fully anticipate the challenges associated with

ensuring the Sidekick Payment Platform to be able to incorporate the components.

Depending on the implementation challenges, there may be changes to the design,

implementation plans, and execution of the Project Platforms. While the Sidekick team

will use its reasonable efforts to develop and implement the Project Platforms, there is

no assurance that a completed version of any Project Platform, will be released and/or

operational.

(b) Reliance on internet infrastructure of the markets in which it operates. There may

not be alternative networks or data servers in the event of failures or interruptions with

the internet infrastructure. Any unscheduled service interruption or failure could result

in unavailability or limited performance of any Project Platform.

(c) Errors in source code. Despite security audits and peer review, nobody can

guarantee that the code used by Sidekick is error free. It may contain certain flaws,

errors, defects, and bugs, which may disable Sidekick in its operations. Such flaws, if

any, would compromise the usability, stability, and/or security of the KAI, and the

Project, and consequently bring adverse impact on KAI, and the Project.

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1.2 TOKEN

(a) Loss of private key. Private keys are necessary for accessing blockchain assets.

Should a private key be lost or destroyed, access will be permanently unrecoverable.

The loss of a private key by a Participant could result in the loss of any digital

currencies.

(b) Volatile nature of cryptocurrency. The price of cryptocurrencies such as BTC has

historically experienced large fluctuations. Sidekick is not liable for the loss in fiat

value of any coins you hold within the Sidekick wallet.

(c) Liquidity of KAI. Trading of the KAI is not a responsibility or objective of Sidekick.

Secondary trading of KAI will be conducted between voluntary market Participants. KAI

is not attributed any value or offered for trading by exchanges or marketplaces, which

would incur difficulty for the holder to divest. Due to different regulatory regimes in

different jurisdictions and the obstacles of citizens of certain countries to open

accounts at cryptocurrency exchanges, the liquidity of KAI may be materially different

in different countries thus, resulting in substantial price discrepancies.

1.3 COMPETITION

(a) Content distribution businesses. There are other businesses looking to develop

some form of content distribution service. The Sidekick Content Platform seeks to

maintain a competitive advantage through its incorporation of blockchain technology

and decentralisation characteristics, the combination of which provides greater

transparency, security, privacy, lower transaction costs, and integrity. On the back-end,

the Sidekick Payment Platform will be integrated so that all prices and transactions are

visible and verifiable. Potentially one of these competitor businesses could produce a

better, cheaper, more accessible, versatile, or customer-friendly product, relative to the

Sidekick Content Platform. The Sidekick Content Platform may make changes to the

features and components of the Sidekick Content Platform to address market demand

and obtain an advantage over comparable products, thus increasing its funding

requirements.

(b) Payment services. The adoption of virtual currencies in the Sidekick Payment

Platform faces competition from debit and credit card providers and other traditional

business in the payment service providers. If these businesses could produce a better,

cheaper, more accessible, versatile, or customer friendly product, the use of the

Sidekick Payment Platform and the Sidekick Content Platform will face increased

competitive forces.

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(c) Perceived or exposed flaws. It is possible that a comparable product could become

popular due to a perceived or exposed flaw of any Project Platform that is not

addressed by Sidekick effectively and expediently. There may also be a perceived

advantage of a comparable product that includes features not incorporated in any

Project Platform. If this product achieves a significant market share, the financial

condition of Sidekick will be adversely affected and there may be a negative impact on

demand.

1.4 SECURITY (a) Privacy of Sidekick Private Net. Sidekick has access to a large amount of

information through the Sidekick Payment Platform, the Sidekick Content Platform,

and the Sidekick Marketing Platform. The improper use or disclosure of such

information could harm our reputation. Sidekick may be subject to security breaches

and attacks, which may compromise the security of the information store in the private

net Sidekick maintains. Sidekick may not have the resources or technical

sophistication to anticipate or prevent rapidly evolving types of cyber-attacks. Failure

to do so would result in a loss in confidence of the Sidekick’s business.

1.5 THIRD PARTY

(a) Reliance on content developers and distribution partners. The Sidekick Payment

Platform and Sidekick Content Platform primarily relies on third-party content

developers to make available their digital content such as games, music, and e-books

on the Sidekick Content Platform. Sidekick may not be able to establish or maintain

mutually beneficial commercial relationships with content developers and distribution

partners. Any failure by Sidekick to effectively localise or market the Sidekick Content

Platform and Sidekick Payment Platform may adversely impact the utilisation level by

content developers and distribution partners of the Project Platforms.

(b) Other third-party failures. SideKick’s business involves dependency on other

service providers. For example, a temporary shutdown of Sidekick’s web server could

lead to the Sidekick service being put on hold. As the business grows larger, Sidekick

will work to reduce the dependency on third party services.

1.6 MARKET RISK

(a) Limited interest. There may be limited interest in the content development and

distribution community in the use of utility tokens or virtual currency for purchases. As

the Sidekick Payment Platform, Sidekick Content Platform and Sidekick Marketing

Platform are new products, there is no certainty that the Sidekick Payment Platform,

Sidekick Content Platform or Sidekick Marketing Platform will be adopted or used by a

large number of content developers and content distributors. The size and

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engagement level of the Sidekick Content Platform’s user base are critical to the

success of Sidekick. Sidekick cannot assure that the user base and engagement levels

of the Sidekick Content Platform will grow. Such a limited interest could adversely

affect the development of the Project Platforms.

(b) Expansion challenges. As the Sidekick Payment Platform and Sidekick Content

Platform expand its operations, there exist a risk of the new markets not responding to

the Sidekick Payment Platform or Sidekick Content Platform due to differences in the

economic and infrastructure development, political, cultural, legal, and regulatory

systems among the countries in which it operates.

(c) Inability to attain business partners. Sidekick may not be able to find business

partners in a new market entered, leading to poor business performance.

(d) A decrease in the growth of digital content. Sidekick and the Project Platforms are

dependent on the growth of digital content for its success. The business of Sidekick

and the user base of the Project Platforms may be adversely impacted if the market

size of digital content decreases or fails to grow at a satisfactory rate.

1.7 REGULATORY RISK

(a) New token regulation introduced. Regulatory authorities around the world may

introduce new regulations to regulate the use of crypto-tokens. Sidekick may receive

queries, notices, warnings, requests or rulings from one or more regulatory authorities

from time to time or may even be ordered to suspend or discontinue any action in

connection with a cryptocurrency it supports.

(b) Regulation of distributed ledger technology. Regulatory authorities around the

world may introduce new regulations to regulate entities carrying on a business that

uses distributed ledger technology for storing or transmitting value. Sidekick may

receive queries, notices, warnings, requests or rulings from one or more regulatory

authorities from time to time, or may even be ordered to suspend or discontinue any

action in connection with transmission of any cryptocurrency it supports.

1.8 OTHER

(a) Conflict of Interest. There may exist potential circumstances where the interests of

Sidekick may diverge from those of its users. Sidekick is not obliged to refrain from

such decisions in the interests of the company. By using Sidekick, each Participant will

be deemed to have acknowledged these potential conflicts of interest and to have

waived any claim with respect to any liability arising from the existence of any such

conflicts of interest.

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© 2019 Sidekick | 45

(b) Unknown unknowns. Sidekick recognises that there are things that will be

discovered in the development process which at this point cannot be predicted. In

other words, despite best efforts, Sidekick may not yet know all the risks that will be

associated with the Project.

2. NON-FINANCIAL NATURE OF KAI

2.1

A KAI is not, nor should be construed, understood, deemed or interpreted as:

(a) an equity interest, voting or non-voting security (or it’s like) in, or claims against,

Sidekick or any other entity in any jurisdiction;

(b) equity or debt investment of any kind in any venture;

(c) any securities having intrinsic value or market price;

(d) units or derivatives of units in a business trust or collective investment scheme;

(e) any form of financial derivative;

(f) any commercial paper or negotiable instrument;

(g) any form of investment contract between the relevant holder and any other person;

(h) any commodity or asset that any person is obliged to redeem or purchase; or

(i) any note, debenture, warrant or other certificates that entitles the holder to interest,

dividend or any kind of return from any person.

3. NO REPRESENTATION OR WARRANTY BY SIDEKICK

3.1

Sidekick does not make, and hereby disclaims, any representation or warranty with

respect to Sidekick and KAI (including their respective merchantability or fitness for

particular purposes). Each Participant’s decision to support the Company and KAI shall

be made based on his/her own knowledge of Sidekick and KAI and the information

disclosed in the Whitepaper. Without prejudice to the generality of the foregoing, each

Participant will accept the KAI on an “as is” basis, irrespective of the technical

specifications, parameters, performance or function thereof.

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© 2019 Sidekick | 46

3.2

No person is authorised to give any information in connection with Sidekick, Project

Platforms and KAI that is not contained in this Whitepaper.

4. LIMITATION OF LIABILITY AND INDEMNIFICATION

4.1

SideKick hereby expressly disclaims its liability, and shall in no case be liable to any

person, for:

(a) any person in violation of any anti-money laundering, counter-terrorism financing

or other regulatory requirements that are imposed in any jurisdiction;

(b) any person in violation of any representation, warranty, obligation, covenant or

other provision under this Whitepaper, and the resulting failure or inability to retrieve

his/ her payment or to claim relevant purchased KAI;

(c) failure to distribute, offer, utilise or deal with any reserved KAI;

(d) failure or abortion of Sidekick development or expansion and resulting failure to

develop any Project Platform;

(e) delay or rescheduling of the Project Platform development and resulting failure to

meet any anticipated milestone;

(f) any error, bug, flaw, defect or otherwise of the source code of Sidekick or any

Project Platform;

(g) any malfunction of KAI;

(h) failure of KAI or any Project Platform to meet any specific purpose, or unfitness for

any specific use;

(i) failure to completely disclose any information relating to the development of

Sidekick, the Project Platforms on a timely basis;

(j) any Participant’s divulgence, loss or destruction of the private key of his/her

cryptocurrency or cryptotoken wallet (inter alia, the wallet as downloaded and used by

that Participant);

(k) any default, breach, infringement, breakdown, collapse, service suspension or

interruption, fraud, mishandling, misconduct, malpractice, negligence, bankruptcy,

insolvency, dissolution or winding-up of any third party;

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© 2019 Sidekick | 47

(l) any difference, conflict or contradiction between this Whitepaper and an agreement

between any Participant and any third party;

(m) KAI being classified or treated by any government, quasi-government, authority or

public body as a kind of currency, securities, commercial paper, negotiable instrument,

investment or otherwise that may be banned, regulated or subject to certain legal

restrictions;

(n) any risk factors disclosed in this Whitepaper and any damage, loss, claim, liability,

punishment, cost or other adverse impacts that are caused by, associated with, in

connection with, incidental to or consequential to that risk factor;

(o) any changes made to the technical nature of KAI or any temporary or permanent

cessation or unavailability in the delivery, distribution or activation of KAI;

(p) any failure or delay in the delivery and receipt of KAI by the Participant; or

(q) occurrences of natural disasters, acts of God or other events beyond the control of

Sidekick that affect the businesses and/or operations related to the Project.

4.2

To the maximum extent permitted by the applicable laws, regulations and rules, the

Participant shall indemnify, defend, and hold Sidekick harmless from and against any

and all claims, damages, losses, suits, actions, demands, proceedings, expenses,

and/or liabilities filed/incurred by any third party against Sidekick arising out of a

breach of any of these terms hereunder.

5. TAX

Each Participant shall declare, bear and pay all such taxes, duties, imposts, levies,

tariffs and surcharges that might be imposed by the laws and regulations of any

jurisdiction as a result of or in connection with the receipt, holding, use, purchase,

appreciation, trading or divestment of any cryptocurrency in their Sidekick wallet; and

each Participant shall be solely liable for all such penalties, claims, fines, punishments,

liabilities or otherwise arising from his/her non-payment, underpayment, undue

payment or belated payment of any applicable tax. Sidekick gives no advice and makes

no representation as to the tax implications of any Participant’s participation in the

ecosystem.

6. NO WAIVER

The failure of Sidekick to require or enforce strict compliance by the Participant with

any provision herein or Sidekick’s failure to exercise any right herein shall not be

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© 2019 Sidekick | 48

construed as a waiver or relinquishment of Sidekick’s right to assert or rely upon any

such provision or right in that or any other instance. The express waiver by Sidekick of

any provision, condition, or requirement of the Whitepaper shall not constitute a waiver

of any future obligation to comply with such provision, condition or requirement.

7. SEVERABILITY

If any portion of this Whitepaper is held illegal or invalid, whether in whole or part,

under the laws of any jurisdiction, such illegality or invalidity shall not affect the

legality or validity of the rest of the Whitepaper in that jurisdiction nor the legality or

validity of the Whitepaper in any other jurisdiction.

8. TITLE AND SUBTITLES

The titles and subtitles used in this Whitepaper are used for convenient reference only

and are not to be considered in construing or interpreting this Whitepaper

9. THIRD PARTY WEBSITES, PLATFORMS AND CONTENT

9.1

Sidekick may provide certain hyperlinks to third party websites and the inclusion of any

hyperlinks or any advertisement of any third party on sidekickapp.io or other platforms

does not imply endorsement by Sidekick of their websites, products or business

practices. If the Participant accesses and uses any third-party websites, products,

services, platforms, and/or business, the Participant does that solely at his/her own

risk for which Sidekick will bear no liability.

9.2

This whitepaper includes information obtained from various third-party sources

(“Third Party Information”). None of the authors of the Third-Party Information has

consent to the inclusion or verified the accuracy of the Third Party Information and is

therefore not liable for the Third-Party Information. While Sidekick has taken

reasonable action to ensure that the Third Party Information are included in their

proper form and context, neither Sidekick, nor its directors, executive officers and

employees, has independently verified the accuracy, reliability, completeness of the

content, or ascertained any applicable underlying assumption, of the relevant Third

Party Information. Accordingly, neither the Issuer nor its directors, executive officers

and employees makes any representation or warranty as to the accuracy, reliability or

completeness of such information and shall not be obliged to provide any updates on

the same.

10. NO ADVICE

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© 2019 Sidekick | 49

No information in this Whitepaper shall be construed as business, legal, financial or tax

advice regarding Sidekick, the Project, or KAI. You shall consult your own legal,

financial, tax or other professional advisor regarding Sidekick, the Project, or KAI.

11. PRIVACY POLICY

You agree to the use of your data in accordance with the Privacy Policy in connection

with the ecosystem.

12. GOVERNING LAW

The Whitepaper will be governed by and interpreted in accordance with the laws of the

Republic of Singapore.

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© 2019 Sidekick | 50

End Notes

1 Green, Rachel. “Facebook Is Building Its Own Cryptocurrency for Real-Time Cross-

Border Transfers.” Business Insider, Business Insider, 4 Mar. 2019,

www.businessinsider.com/facebook-developing-whatsapp-cryptocurrency-2019-3.

2 “SEC Halts Alleged $1.7 Billion Unregistered Digital Token Offering.” United States Securities and Exchange Commission, 11 Oct. 2019, www.sec.gov/news/press-release/2019-212.

3 De, Nikhilesh. “PayPal Is Seeking Faster Crypto Payments Tech.” CoinDesk, CoinDesk,

5 Mar. 2018, www.coindesk.com/paypal-eyes-instant-crypto-payments-tech.

4 “Wikimedia Foundation Works with BitPay to Accept Bitcoin and Bitcoin Cash

Donations.” BitPay.com, BitPay, 29 Jan. 2019, www.bitpay.com/assets/bitpay-

wikimedia.pdf.

5 “Ohio Becomes First State in Nation to Accept Taxes via Cryptocurrency.”

BitPay.com, BitPay, 26 Nov. 2018, www.bitpay.com/assets/ohio-becomes-first-state-

toaccept-taxes-via-cryptocurrency.pdf.

6 Partz, Helen. “Crypto Payments Service BitPay Reports It Saw Over $1 Billion in

Transactions in 2018.” Cointelegraph, Cointelegraph, 24 Jan. 2019,

www.cointelegraph.com/news/crypto-payments-service-bitpay-reports-it-saw-over-

1-billion-in-transactions-in-2018.

7 “PayPal Holdings, Inc.” Zacks Investment Research, Zacks Investment Research, 16

Jan. 2019, www.zacks.com/stock/chart/PYPL/fundamental/market-cap.

8 Wolfson, Rachel. “BitPay Raises $40M in Series B Funding to Expand into Emerging

Asian Markets.” Bitcoin Magazine, Bitcoin Magazine, 3 Apr. 2018,

www.bitcoinmagazine.com/articles/bitpay-raises-40m-series-b-funding-expand-

emerging-asian-markets.

9 “Ohio Becomes First State in Nation to Accept Taxes via Cryptocurrency.”

BitPay.com, BitPay, 26 Nov. 2018, www.bitpay.com/assets/ohio-becomes-first-state-

toaccept-taxes-via-cryptocurrency.pdf.

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© 2019 Sidekick | 51

10 Partz, Helen. “Crypto Payments Service BitPay Reports It Saw Over $1 Billion in

Transactions in 2018.” Cointelegraph, Cointelegraph, 24 Jan. 2019,

www.cointelegraph.com/news/crypto-payments-service-bitpay-reports-it-saw-over-

1-billion-in-transactions-in-2018.

11 David Goldman. “Is Your Data Safe on Facebook? Not Really.” CNNMoney, Cable

News Network, 19 Mar. 2018,

www.money.cnn.com/2018/03/19/technology/business/facebook-data-

breach/index.html.

12 Graham-Harrison, Emma, and Carole Cadwalladr. “Revealed: 50 Million Facebook

Profiles Harvested for Cambridge Analytica in Major Data Breach.” The Guardian,

Guardian News and Media, 17 Mar. 2018,

www.theguardian.com/news/2018/mar/17/cambridge-analytica-facebook-influence-

us-election.

13 O'Flaherty, Kate. “Facebook Exposed Up To 600 Million Passwords -- Here's What To

Do.” Forbes, Forbes Magazine, 22 Mar. 2019,

www.forbes.com/sites/kateoflahertyuk/2019/03/21/facebook-has-exposed-up-to-

600-million-passwords-heres-what-to-do/.