General Information - Whitepaper as of April 2019
Introduction to 1irstcoin LLC, Tbilisi, Republic of Georgia Founding year of the company 2018 Founder of the company Peter Sommer, Germany Osman Bartu, Germany Hyperion Finance GmbH, Germany Type of company Limited Liability Company, LLC Licence Financial Service & Consulting Licence No. 0110/268 Company ID / Register 404565029 First round of capital, 2018 1,500,000.00 US Dollar Reached milestones Creation of the settlement software and the algorithmic program, built by Merkeleon A.R. GmbH, Austria Second round of capital, 2019 1,125,000.00 US Dollar Reached milestones Commencing business activities and creating his own token including listing on various stock exchanges The company's capital was tokenized into 100,000,000 tokens, 1irst, FST, and issued to the investors and founders of the first and second rounds of capital Public Airdrop With a so-called public airdrop, more than 20,000 addresses were reached and a trading base for the listing of the own token could be formed Account openings since 2018 1irstcoin crypto currrency exchange 3,678 Membership 1irstcoin, FST, Token >20,000.00 Daily turnover, 1irstcoin exchange >300,000.00 US Dollar Team 1irstcoin LLC Peter Sommer, Director and Founder Jenny Lam, Director PR & Business Development Irk Naz, PR Officer Employees at 1irstcoin LLC 8 in support and backoffice 12 freelancer in media works and settlement Tax situation Special-Zone, 100% tax-free, on all profits and on all revenue`s Preview development 2019 2020 2021 2022 Number of customers 8500 25,000 60,000 150,000 Revenues from trading fees 450,000 US Dollar 1,225,000 US Dollar 2,425,000 US Dollar 4,250,000 US Dollar Revenues from placement 800,000 US Dollar 3,500,000 US Dollar 8,000,000 US Dollar 19,000,000 US Dollar fees, 1irstgold and another projects Profit per FST, 1irst Token 0.0125 US Dollar 0.04725 US Dollar 0.10425 US Dollar 0.2325 US Dollar
Corporate purpose and business model 1irstcoin LLC operates one of the fastest, safest and most innovative trading sites for cryptocurrencies in the world. They also operate the connected financial instruments as a licensed financial service provider. It has long stopped being a secret that Blockchain, with its diverse applications, is about to sustainably change our global interaction; and that it already has changed it in many areas. 1irstcoin makes the difference Everyone who deals-, trade and work with cryptocurrencies knows the problem: • To get the best price for your cryptocurrency, either blindly trust your broker, or you make the effort and keep an account on many exchanges • In most cases, transfer between accounts is necessary to get the best price. Such a transfer also costs extra money 1irstcoin solves the entire problem with his algorithm. By connecting and implementing the order books of the leading crypto exchanges, the customer of 1irstcoin LLC always receives the best price for their cryptocurrencies with just one account. Guaranteed, in nano seconds, our algorythm scans the market and always offers the best deal. The fees are on average very low at 0.825% of the transaction volume for this service. Owners of at least 1000 1irst, FST, tokens, receive a 50% discount on all fees. Note at all: All profits of 1irstcoin LLC are distributed to the owners of the FST token once a year. For this purpose, special repurchase programs are being developed above the market value. The 1irst token, (short FST) • 100,000,000 Token total (max supply) • ERC 20 Standard • CMC (Coimmarketcap.com) listed • Coingecko.com listed • Listed on several exchanges The 1irst token is not an empty promise or a bad bet on the future. No, the token is secured and backed by the value of the company. There is no comparable investment with such big impulses and opportunities. Well-known investors, such as the Kritzer family from Germany, who have already developed and built up global market leaders such as Roundliner GmbH, have been on board since the second capital round and have set this unique combination as a bet on a secure future. The fst token is the ideal portfolio addition. the token has been able to generate more than 130% return on invest since its launch. Not in a year, no, since its listing on coinmarketcap.com in march 2019. The FST token will be available promptly from leading crypto currency exchanges according to cmc ranking. For this purpose, a cooperation with Star Alliance was entered in April 2019.
Next steps in the development Due to the possibilities given to us with the financial license, we will develop, control and launch further products for the krypto finance world. One project is already at a very advanced stage. The project is called "1irstgold.com", based on our name and the project is 100% owned by 1irstcoin LLC and will continue to be operated by ourself. In essence, this project is easy to describe. The 1irstgold token will embody one gram of gold in physical form and is physically backed by that amount of gold. The incredible will be the associated service. Customers will be able to purchase these tokens OTC (over the counter) against FIAT currency. The customer no longer requires extensive storage and can exchange his tokens for "physical gold" or cryptocurrencies, or FIAT currencies at any time. For this purpose, we cooperate with leading gold dealers in Germany, Switzerland and Austria. Boundless and anonymous. A physical gold shipment takes place upon return of the tokens. The customer can also personally pick up his physical gold from affiliated merchants. A global service in the trading of gold is intended by us. No more and no less. The project is already in its pre- launch phase and has already cost more than $ 670,000 in investment. We are convinced that this project can become a unicorn and we are proud that this project belongs to the portfolio of 1irstcoin LLC. In addition to the 1irstgold project, there are already two further projects in planning and implementation. Coindex: This utility token is comparable to the 1irstgold token in the matter. Instead of being deposited with physical gold, this token will be linked to a basket of international equities which will be deposited centrally in a custody account. This allows global access to lucrative investment opportunities for every person. At the moment it is necessary to have a depot and an account to buy a tesla or google share. In addition, you can not currently purchase these shares with crypto currencies. these problems will be solved by coindex token globally. Tradable 7 days a week and 365 days a year. The invested capital is available at any time and at any place. Coindex will write history, we are sure of that. In addition to these projects, we are currently developing a so-called stable token, based on the US tether, but on a Euro basis. This token is intended to facilitate payments for affiliated companies and individuals. Already there are more than 100 requests for cooperation at this level. The FSCO (1irstStableCOin) is especially designed to support entrepreneurs and traders in their import and export activities. The FSCO can be exchanged in every FIAT, as well as in BTC and ETH on our stock exchange. The reference is 1: 1 on the euro. Low transaction costs of less than 0.10% appeal especially to commercial traders.
Closing words With 1irstcoin we want to close a gap in the crypto currency market. There are already many stock exchanges that are doing a good job, but there is no place that unites these good jobs. That's why we look a bit like google for the crypto industry. On the contrary, we do not bother anyone, on the contrary, the stock markets profit through us, just as the traders advertise on google. On top of that, we give our clients a clear arbitrage advantage, which otherwise was reserved only for professionals. Whether as a customer of our crypto currency exchange, or as the owner of our token, with us you are setting the future. Nobody will doubt that sooner or later cash and the associated fiat currencies will disappear from the planet. Just like the dinosaurs, only faster. The blockchain makes everything more transparent, safer and faster and we are a part of it. Thank you for your attention Peter Sommer Founder & Director 1irstcoin LLC, Republic of Georgia Email: [email protected] Social Media & Public News Channels Jenny Lam Director PR & Business Development Email: [email protected]