Contractium Ltd.

Unit 8, 3/F., Qwomar Trading Complex, Blackburne Road, Port Purcell, Road Town, Tortola, British Virgin Islands VG1110

{Correspondence office}

68 Circular Road,

Singapore

SINGAPORE (229628)

Contractium Whitepaper

Version 2.0

Authority & Copyright

Mr. Hung Viet Nguyen {Co-founder & CEO}

{hung.nguyen@contractium.io}

&

The co-founding team.

{Updated & published on May 28th, 2018}

Current version 2.0, updated on May 28th, 2018, from the first origin draft, authorized by the CEO. This whitepaper is only found from the original and unique source: https://contractium.io/

The external quoted sources are found on the inserted hyperlinks and links as following.

Table of Content:

1. Abstract
2. Disclaimer
3. Introduction
4. Business Pitch Deck
5. Technical Details
6. Tokenization
7. Team & The Company
8. Social Media

1. ABSTRACT

1.1. The definition of Contract

1. A written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law.        

Source: Oxford Dictionary, https://en.oxforddictionaries.com/definition/contract

2. A contract  is a voluntary arrangement between two or more parties that is enforceable by law as a binding legal agreement. Contract is a branch of the law of obligations in jurisdictions of the civil law tradition. Contract law concerns the rights and duties that arise from agreements.       

A contract arises when the parties agree that there is an agreement. Formation of a contract generally requires an offer, acceptance, consideration , and a mutual intent to be bound. Each party to a contract must have capacity to enter the agreement. Minors, intoxicated persons, and those under a mental affliction may have insufficient capacity to enter a contract. Some types of contracts may require formalities, such as a memorialization in writing.        

Source: Wikipedia, https://en.wikipedia.org/wiki/Contract

1.2. The definition of Smart Contract       

A smart contract  is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible. Smart contracts were first proposed by Nick Szabo , who coined the term, in 1994.     

Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Various cryptocurrencies  have implemented types of smart contracts.        

Source: Wikipedia, https://en.wikipedia.org/wiki/Smart_contract    

Contractium is a decentralized software that based on Ethereum platform, which helps users create smart contract easily, securely and trustless via desktop- / mobile- / web- app.        

Contractium is being positioned to be the internet users' smart contract application, with the vision of: eliminating the print contract.        

In the near future, all the online business platform will be based on blockchain technology, created the decentralized economics. We had the creation and development of:    

- Bitcoin: A peer-to-peer Electronics Cash System.    

- Ethereum: A Next-Generation Smart Contract and Decentralized Application Platform    

Now, we have,    

Contractium: A smart contract decentralized application, that helps even non-technical background users create smart contract easily, securely and trustless to work with each other.  

2. DISCLAIMER

Our official fully legal company's entity is Contractium Pte. Ltd. (Hereafter called "The Company"), located at the address: 68 Circular Road, Singapore.  

The subject of all kinds of sentences, were written down here, is represented to the whole co-founding team of The Company, hereafter called "We".    

We developed Contractium, a smart contract application, which is based on Ethereum smart contract platform, so Contractium is a part of Ethereum network, and we do copy some content from Ethereum website to explain how Contractium is developed on Ethereum platform, following links:   https://ethereum.org/   and http://www.ethdocs.org.  

We develop Contractium with Proof-of-Contract protocol, which is not yet related to the blockchain mechanism but Business Mechanism.  

We are planning to upgrade the Contractium application to the next level of smart contract software-as-a-service, whose Proof-of-Contract protocol will be aggregated to the technical blockchain mechanism. That means, in practical, Contractium will helps non-technical background businesses issue their own tokens directly on Contractium network, like Ethereum did.  

The Contractium's business model is mainly based on Bitcoin's and Ethereum's ones with some more advantage points, according to the end-users' perception.  

There are some content of this whitepaper is quoted from the other pages, which will be declared, clarified and listed here as the quoted sources, accurately, on this material. That means, if we do not list the quoted sources right below any single paragraph, that content will be copyrighted by the authors of the Company and the Company itself.  

This whitepaper and any other related attached documents as hyperlinks are intended for use only by specified purpose for the Company, whose all the official information founded at our unique links: https://contractium.io/, which may contain legally privileged and/or confidential information. If you are not the intended end-users and/or recipients, please delete the original and any copy of this file and notify the author via email at: hung.nguyen@contractium.io. Please accept our apologies for any further inconvenience. Please consider before printing this material. Thank you for your cooperation!  

This is the version 2.0 of Contractium's whitepaper , which is updated on 21st May 2018, from the original draft of the CEO of the Company. This version 2.0 was uploaded on the internet on 1st June 2018. This whitepaper is only found from the only,  original and unique source: https://contractium.io/. We do not take any responsibility for the identical material and or related information that was found on any other sources, in comparison to the links right above.

This version of this whitepaper will be editing and updating ongoing of the project development without any prior public announcement needed. You will be kept informed via our website and the other social media, which is found as followed:

2.1. Website:

https://contractium.io/  

2.2. Mobile app store:  

Google play: https://play.google.com/store/apps/details?id=com.contractium  

2.3. Social media:  

• Twitter: https://twitter.com/contractium  
• Telegram: https://t.me/contractium  
• Facebook: https://www.facebook.com/contractium.io/  
• Linkedin: https://www.linkedin.com/company/contractium-io/  
• Youtube channel: https://www.youtube.com/channel/UCdNLXQrp7sn6lNeqOYOz_wQ  
• The CEO's Twitter : https://twitter.com

Contractium is not available for citizens following countries, which individuals or entities are to be restricted for cryptocurrency trading:

Legend:

AML – Anti-money laundering

CFT – Combating the financing of terrorism

FATF – Financial Action Task Force

Sources:

http://www.fatf-gafi.org/countries/#high-risk

3. INTRODUCTION

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.          
Source: Ethereum, https://www.ethereum.org/ether      

And "Contractium would never be possible without Ethereum".          
Because Contractium is developed and based on Ethereum platform.          
Contractium issues the fixed supply of CTU tokens, which is used as the contract-fuel for online commercial network, a means of crypto-payment in the blockchain commercial world.          

Contractium is a part of the software (S-a-a-S: Software-as-a-Service) revolutionary.          
In the past decades:          
We had software running on computers.          
We had software running on the websites.          
We had software running on mobile apps.          
We had software running on the cloud (computing).          
And now,  we have softwares running on the blockchain network, in decentralized world.   So does the Contractium application. Specifically,   Contractium is a part of Dapps (Decentralized Applications), which is run on Ethereum network.          

Contractium helps even non-technical background users create smart contract easily, securely and trustless to work with each other.    

With 04 key functions as:

   
A. Smart contract creation    
B. Crypto-Payment gateway    
C. Crypto-Reward system

D. Token issuing.

We want to change the world as followed:

     
A-A'. Smart-contract-feature changes the way 02 or more local users and/or 02 or more international users  create commercial smart contract easily and make the deal with each other, which is proceeded to payment with:    

B-B'. Crypto-Payment-gateway help them proceed to finish the payment procedure securely and trustless. And they can give rewards ("cash-back") to each other with our:    

C-C': Crypto-Reward system, which is much more advanced than the traditional customer-loyalty-points.  

Contractium will issue the CTU token, which is the key fuel of the Contractium network, which enables full development of the Contractium Foundation. In order to support the future of blockchain, smart contract, the company will proceed an ICO (Initial Coin Offering) event in June 2018.  

The detail of Contractium tokens:  

Token symbol: CTU

 
Total supply: 3,000,000,000 CTU, as followed:

        #1 Current token-supply for sales: 1,500,000,000 CTU

        (un-sold tokens will be burnt)

        #2 Future plan: 1,500,000,000 CTU
ICO token-price: 01 ETH = 15,000 CTU    

Token allocation for current supply of sales:

Pre-ICO & ICO 900,000,000    
Contractium Team: 200,000,000    
Foundation reserved: 100,000,000  
Advisors & Partners: 100,000,000  
Bounty & Marketing: 200,000,000  

The ICO event has 4 periods as followed:   

Private Sales: From 7th July, 2018 to 8th August, 2018 ( as planned)  
Pre-Sales: From 8th August 2018 to 9th September 2018 (as planned)  
Public Sales: not yet planned  
Token Sales: not yet planned  

Each of the 4 ICO periods  has each bonus rate as followed:  

Private Sales: + 65% bonus.  
Pre-Sales: + 45% bonus.  
Public Sales: + (?) % bonus.  
Token Sales: + (?) % bonus.  
(We save the marketing budget as much as we can to increase the bonus, bounty & airdrop for early investors via ICO events)  

Target sales of each ICO periods as followed:  

Private Sales: 15% of the fund.  
Pre-Sales: 25% of the fund.  
Public Sales: 35% of the fund.  
Token Sales: 25% of the fund.

ICO & Pricing:

Minimum buying with ETH: 0.1 ETH

Maximum buying with ETH: 20 ETH

Buying above 20 ETH - Contact directly [ hung.nguyen@contractium.io ]

Soft-cap: 2M USD: equivalent to 3000 ETH

Hard-cap: 10M USD: equivalent to 15000 ETH

ICO price: 1 ETH = 15000 CTU

Estimated ETH price (as calculated for Contractium’s ICO): 1 ETH = 700$

Estimate ICO price of CTU: 1 CTU equivalent to 0.046666 USD        

4. BUSINESS PITCH DECK

4.1. Problem

1. The printing contract is obsolete in the Industry-Revolution 4.0 .  
2. The printing contract is not suitable for the international contractor and contractee.  
3. The printing contract is not convenience for global trading and cross-border business service as well as freelance service.
4. The printing contract is not appropriate in administration of "online" company.

4.2. Solution

We see the evolutionary of the contract:

Gesture Agreement [>] Paper Contract [>] E-Contract (E: Electronic) [>] Smart Contract

We see the evolutionary of the software:

Software running on computer (Localhost) (Desktop application) [>]

Software running on web (Web-application) [>]  

Software running on cloud storage (Cloud - application: Software-as-a-service) [>]

Software running on blockchain network (Blockchain application / Dapps (Decentralized applications)).

We develop Contractium, a Dapp, that based on Ethereum platform, helps users (even non-technical ones) create commercial smart contracts to work together.

Contratium has 04 key functions:

1. Smart contract creation
2. Crypto-payment gateway
3. Crypto-rewards system
4. Token issuing

Future functions:

• Token issuing application
• Integrating the other 3rd parties payment services (E-wallets; E-payment gateways)

4.3. Market

Contractium's first target industry is: Freelance industry (global), which had the revenue in 2017 of 1.5 Trillion USD.

(Source: https://goo.gl/YGDhgj)

/* Ethereum Market Cap: 71,277,069,297 USD on 12th March 2018. Source: https://coinmarketcap.com /*

4.4. Blockchain Industry:

1. Peer-to-peer payment with CTU tokens.
2. Smart Contract
3. Cryptocurrency Exchanges & Remittance
4. Digitalization of Documents & Contracts
5. Governmental service (Smart contract)
6. Token Issued

4.5. Use Case & Common Centralized Industry

1. Freelance use case:

Via Contractium, the freelancers can generate a smart contract easily to work with the employers securely and trestles in freelancing industry and vice versa. The employers will pay for freelance jobs and receive the bonus back from freelancers (if any) automatically via Contractium.

So the smart contract that was generated on Contractractium, self-execution.

2. E-commerce use case:

Contractium will be integrated into the e-commerce websites/mobile applications so that they can use all the functions of Contractium as listed above. The customers will be rewarded easily with tokens on each buying/consumption and they can withdraw immediately...

The e-commerce/online businesses can issue their own tokens (optional) to reward to their customers.

3. Online game use case

The game studios, -developers will use Contractium as the payment gateway, reward/bonus system. When gamers buy game-items, or pay for paid-accounts, they will be rewarded with CTU tokens (optional) or with their own tokens (optional).

4. Social Media use case

The audience will be paid/rewarded with CTU tokens (optional) or another tokens when consuming paid/business information from publishers, content creators as well as the other kinds of online users (agencies), websites and/or social networks...

5. Advertising use case

The advertisers can create a self-execution smart contract to proceed the deal with agencies/services on every single ads-campaign, and vice versa.  Contractium is used as smart contract tool, payment means, reward/bonus system...

6. Social Data use case

Almost the social user’s profiles are categorized in many databases secretly and sold to businesses unofficially. But with Contractium, the users can hold the initiative to sell them and earn money directly. The sale is not only once but many times.

4.6. Competitors.

In comparison with centralized and decentralized business models, Contractium has 02 primary competitors in each case:

1. Centralized business model:

The primary competitor is Docusign: https://www.docusign.com

Contractium is much more advanced with the smart contract application.

2. Decentralized business model:

The primary competitor is Ethereum: https://www.ethereum.org

Contractium is different from Ethereum that Contractium can helps non-technical background business users issue tokens for themselves. But to issue tokens on Ethereum, users need to understand the Solidity, its own programming language.

4.7. Contractium Value Proposition

The Dapp will help users and businesses in:

• Creating smart contract easily, securely and trestles.
• Using an advance crypto-payment system.
• Using an advance rewards system.

4.8. Mission & Vision 

1. Mission

Help contracter & contractee "sign" the commercial smart contract easily, securely and trustless.

Developing blockchain technology for the real business world.

2. Vision

The internet users' smart contract application.

Eliminating print contract.

Replacing online traditional rewards/bonus system.

4.9. Business model

To end-users: Transaction fee on Contractium network.

To business users: Service fee / subscription fee and transaction fee on Contractium network.

4.10. Product

1. Product workflow: as an end-user

User A (A) and User B (B) and/or the others must have Contractium addresses.

A wants to make a deal with B and proceed to sign the contract. Instead of printing and sending it to each other, A uses Contractium application as followed work-flow:

A [>] Launching Contractium application [>] Generating the smart contract [>] Setting up the terms, policies and payment process [>] Inviting B to confirm to join the contract [>] Deploying the smart contract on Contractium network.

Then A work with B in real as usual.

That Contractium smart contract will be executed with payment automatically.

2. Product workflow: as a business user.

Business user X, as representative of the X's Company can issue the X token for their company. This is optional.

Business user X (X) and Business User Y (Y) and/or the others must have Contractium addresses.

X wants to make a deal with Y and proceed to sign the contract. Instead of printing and sending it to each other, X uses Contractium application as followed work-flow:

X [>] Launching Contractium application [>] Generating the smart contract [>] Setting up the terms, policies and payment process [>] Inviting Y to confirm to join the contract [>] Deploying the smart contract on Contractium network.

Then User A work with Users in real as usual.  

That Contractium smart contract will be executed with payment automatically.

4.11. General user-story

5. TECHNICAL DETAILS

5.1. The ERC20 Token Standard

The tokens that are issued by businesses via Contractium application, are the ERC20 tokens  standard:

ERC20 is a technical standard used for smart contracts on the Ethereum blockchain for implementing tokens. ERC stands for Ethereum Request for Comment, and 20 is the number that was assigned to this request. The clear majority of tokens issued on the Ethereum blockchain are ERC20 compliant. ERC20 defines a common list of rules for Ethereum tokens to follow within the larger Ethereum ecosystem, allowing developers to accurately predict interaction between tokens. These rules include how the tokens are transferred between addresses and how data within each token is accessed.

contract ERC20Basic {
 function totalSupply() public view returns (uint256);
 function balanceOf(address who) public view returns (uint256);
 function allowance(address owner, address spender) public view returns (uint256);
 function transfer(address to, uint256 value) public returns (bool);
 function approve(address spender, uint256 value) public returns (bool);
 function transferFrom(address from, address to, uint256 value) public returns (bool);

 event Transfer(address indexed from, address indexed to, uint256 value);
 event Approval(address indexed owner, address indexed spender, uint256 value);

}

Source: https://en.wikipedia.org/wiki/ERC20 

5.2 The CTU Token Standard

The Contractium token includes further information describing the token contract:

• The name of the token contract: Contractium
• The symbol of the token contract: CTU
• The decimals value: 18
• The total supply: 3000000000

contract ContractiumToken is ERC20Basic {
 string public constant name = "Contractium";
 string public constant symbol = "CTU";
 uint8 public constant decimals = 18;
 uint256 public constant INITIAL_SUPPLY = 3000000000 * (10 **

                                                     uint256(decimals));
 
 function ContractiumToken() public {
     totalSupply_ = INITIAL_SUPPLY;
     balances[msg.sender] = INITIAL_SUPPLY;
   
     emit Transfer(0x0, msg.sender, INITIAL_SUPPLY);
 }

  function() public payable {...}
}

Source: https://en.wikipedia.org/wiki/ERC20 

5.3. How Does The CTU Token Contract Work?

Functions of an ERC-20 token contract: ERC-20 token contracts come with a number of functions to allow users to find out the balances of accounts as well as to transfer them from one account to another under varying conditions. These functions are described below.

(Source: https://eips.ethereum.org/EIPS/eip-20)

5.3.1. BalanceOf:

Returns the account balance of another account with address _owner

 function balanceOf(address _owner) public view returns (uint256) {
    return balances[_owner];
}

5.3.2. Transfer:

Transfers _value amount of tokens to address _to, and MUST fire the Transfer event. The function SHOULD throw if the _from account balance does not have enough tokens to spend.

function transfer(address _to, uint256 _value) public returns (bool) {
   require(_to != address(0));
   require(_value <= balances[msg.sender]);
   balances[msg.sender] = balances[msg.sender].sub(_value);
   balances[_to] = balances[_to].add(_value);
   emit Transfer(msg.sender, _to, _value);
   return true;
}

5.3.3. TransferFrom:

Transfers _value amount of tokens from address _from to address _to, and MUST fire the Transfer event. The transferFrom method is used for a withdraw workflow, allowing contracts to transfer tokens on your behalf. This can be used for example to allow a contract to transfer tokens on your behalf and/or to charge fees in sub-currencies. The function SHOULD throw unless the _from account has deliberately authorized the sender of the message via some mechanism.

function transferFrom(address _from, address _to, uint256 _value)
 public returns (bool) {
   require(_to != address(0));
   require(_value <= balances[_from]);
   require(_value <= allowed[_from][msg.sender]);
   balances[_from] = balances[_from].sub(_value);
   balances[_to] = balances[_to].add(_value);
   allowed[_from][msg.sender] = allowed[_from][msg.sender].sub(_value);
   emit Transfer(_from, _to, _value);
   return true;
}

5.3.4. Approve:

Allows _spender to withdraw from your account multiple times, up to the _value amount. If this function is called again it overwrites the current allowance with _value.

function approve(address _spender, uint256 _value) public returns (bool){
   allowed[msg.sender][_spender] = _value;
   emit Approval(msg.sender, _spender, _value);
   return true;
}

5.6. Dapp

     
Contractium is a Dapp (Decentralized application), which has its own backend code running on Ethereum network.    

Contactium has the frontend code and user interfaces written in AngularJS that makes the calls to its backend, which is mainly written in Node.js.    
So, Contractium = Frontend + Decentralized server, and Contractium's contracts are the code that runs on the global Ethereum decentralized peer-to-peer network.

Source: https://ethereum.stackexchange.com/questions/383/what-is-a-dapp     

5.7. Transaction    

The term "transaction" is used in Ethereum to refer to the signed data package that stores a message to be sent from an externally owned account. Transactions contain:    

1. The recipient of the message    
2. A signature identifying the sender    
3. The amount of ether to transfer from the sender to the recipient    
4. An optional data field    
5. A  STARTGAS  value, representing the maximum number of computational steps the transaction execution is allowed to take    
6. A  GASPRICE  value, representing the fee the sender pays per computational step    

Source: https://github.com/ethereum/wiki/wiki/White-Paper  

                5.8. Ethereum state transition function  

The Contractium state transition function is based on the Ethereum's one:  

APPLY(S,TX) -> S'  can be defined as follows:  

1. Check if the transaction is well-formed (ie. has the right number of values), the signature is valid, and the nonce matches the nonce in the sender's account. If not, return an error.  
2. Calculate the transaction fee as  STARTGAS * GASPRICE , and determine the sending address from the signature. Subtract the fee from the sender's account balance and increment the sender's nonce. If there is not enough balance to spend, return an error.  
3. Initialize  GAS = STARTGAS , and take off a certain quantity of gas per byte to pay for the bytes in the transaction.  
4. Transfer the transaction value from the sender's account to the receiving account. If the receiving account does not yet exist, create it. If the receiving account is a contract, run the contract's code either to completion or until the execution runs out of gas.  
5. If the value transfer failed because the sender did not have enough money, or the code execution ran out of gas, revert all state changes except the payment of the fees, and add the fees to the miner's account.  
6. Otherwise, refund the fees for all remaining gas to the sender, and send the fees paid for gas consumed to the miner.  

Source: https://github.com/ethereum/wiki/wiki/White-Paper

5.9. Smart contract storage

The smart contracts, that were deployed on Contractium network, will be stored on InterPlanetary File System (IPFS) network.

Reference: https://en.wikipedia.org/wiki/InterPlanetary_File_System 

/*

IPFS is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. In some ways, IPFS is similar to the World Wide Web, but IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository. In other words, IPFS provides a high-throughput, content-addressed block storage model, with content-addressed hyperlinks.This forms a generalized Merkledirected acyclic graph (DAG). IPFS combines a distributed hash table, an incentivized block exchange, and a self-certifying namespace. IPFS has no single point of failure, and nodes do not need to trust each other, except for every node they are connected to. Distributed Content Delivery saves bandwidth and prevents DDoS attacks, which HTTP struggles with.

The filesystem can be accessed in a variety of ways, including via FUSE and over HTTP. A local file can be added to the IPFS file system, making it available to the world. Files are identified by their hashes, so it's caching-friendly. They are distributed using a BitTorrent-based protocol. Other users viewing the content aid in serving the content to others on the network. IPFS has a name service called IPNS, a global namespace based on PKI, serves to build trust chains, is compatible with other NSes and can map DNS, .onion, .bit, etc. to IPNS.

/*

5.10. Smart contract and tokens deployment network

The smart contracts and tokens that is issued by Contractium’s customers will be deployed on:

1. Ethereum network (https://www.ethereum.org/)
2. Wanchain network (https://wanchain.org/)

6. TOKENIZATION

6.1 What is CTU?    

6.1.1 Crypto-fuel   

CTU is a must-have element, a fuel, the value of contract, for signing the commercial smart contract on Contractium network.    

CTU is a form of payment as well as the contract's value, made by contractor and contractee (customer and business) when they proceed a deal; place an order; book a service online/offline. CTU is the incentive ensuring to make the operational procedure between 02 parties, on blockchain based Contratium, trustful completed and one of the both can earn extra added-value CTU back with rewards policy of CTU network.    

6.1.2 Use case with traditional payment (E-payment / Cash Payment)  

1. Party A (A) wants to make a deal of working design with party B (B) as a freelancer, who is located in the other country. B got the work well done, and then got paid with US Dollar from A. And because A gave out money for that work, A should get rewards (CTU tokens) back (like cash-back) with Contractium smart contract application between A&B automatically.  
2. Party A (A) placed an order on e-commerce website of Party B (B). B delivered the package to A. A paid for that order. And because A gave out money for that order, A should get rewards (CTU tokens and/or B's tokens) back (like cash-back) with Contractium smart contract application between A&B automatically.  
3.  Party A (A) book a service, which is provided by Party B (B). After using the service-package completely. A paid for that use. And because A gave out money for that service, A should get rewards (CTU tokens and/or B's tokens) back (like cash-back) with Contractium smart contract application between A&B automatically.  

/* Those CTU rewards can be withdrawn, traded, exchanged directly and/or indirectly on public Cryptocurrency-Exchanges/*    

6.1.3 Use case with Crypto-Payment

Party A (A) wants to make a deal with party B (B).  

A creates a smart contract on Contractium application.  

B confirms the smart contract with crypto-payment procedure.  

When the deal is done. CTU tokens from A's address will be released to B's address automatically.  

6.1.4 Use case with token-issued service (Tokenization)  

As a business, Party A (A) wants to issue the tokens for his business via Contractium application (Party B : B)  

A needs CTU tokens to pay for the tokenization fee via Contractium application.  

B creates a smart contract via Contractium application to proceed the service with A.  

When the service is done, CTU tokens from A's address will be released to B's address automatically and periodically.  

6.2 Token attributes

Token symbol: CTU    

Total supply: 3,000,000,000 CTU, as followed:

#1. Current token-supply for sales: 1,500,000,000 CTU

                (unsold tokens will be burnt)

        #2. Future plan: 1,500,000,000 CTU

ICO token-price: 01 ETH = 15,000 CTU    

Token mining: Not mineable  

Token amount issued: Not infinitive  

Token type: Utility tokens.  

Token standard: ERC-20 tokens

6.3 CTU token allocation for current sales:

Pre-ICO & ICO 900,000,000    

Contractium Team: 200,000,000    

Foundation reserved: 100,000,000    

Advisors & Partners: 100,000,000    

Bounty & Marketing: 200,000,000  

6.4. Issued-in tokens by business via Contractium  

Token symbol: to be decided by businesses  

Token supply: to be decided by businesses  

Token's future supply: to be decided  by businesses  

ICO token-price: by businesses    

Token mining: Not mineable.  

Token amount issued: Not infinitive  

Token type: Utility tokens / Equity tokens / Security tokens. To be decided by businesses  

Token standard: ERC-20 tokens.

6.5. Soft-cap & Hard-cap for ICO campaign

        Soft-cap: 2M USD, equivalent to 3000 ETH

                Hard-cap: 10M USD, equivalent to 15000 ETH

7. THE CO-FOUNDING TEAM, ADVISORY BOARD & THE COMPANY

7.1 The Co-founding Team & Board of Directors

7.1.1 Hung Viet Nguyen (Mr.)

{Co-founder & Chief Executive Officer}  

Hung has more than 8 years of experience in startup, entrepreneurship development.  

He (co)-owned 2 companies in Vietnam and 5 startups.  

He dropped out form Danang University of Technology & HTW Berlin to do startup...  

Linkedin profile: https://www.linkedin.com/in/hungkaka/  

7.1.2 Thanh Hai Tran (Mr.)

{Co-founder & Chief Technology Officer}  

Thanh used to be a Tech-Geek prior a Tech-Nerd. He was Senior Director and CTO of Pypestream, former CTO of CNC Mobile labs, Umbala labs... He has 10 years of experience working remotely worldwide with many world-class tech experts...  

Linkedin profile: https://www.linkedin.com/in/thanhth/  

7.1.3 Thien Quang Nguyen (Mr.)

{Co-founder & Chief Products Officer cum Blockchain Technical Director}  

Thien earned his excellent Diploma in Computer Science from the biggest Technology University in Vietnam after opening his first technology outsourcing company at the 3rd years. He now managing blockchain-tech-team to develop Contractium’s products...  

Linkedin profile: https://www.linkedin.com/in/thiennq  

7.1.4 Dennis Poh Wei Song (Mr.)

{Co-founder & (Singapore) Chief Operation Officer}  

Dennis is an Experienced Director with a demonstrated history of working in the government administration industry. Skilled in Accounting, Tax, Corporate Legal, Corporate Structure Advisory and Corporate Governance...  

Linkedin profile: https://www.linkedin.com/in/dennis-poh-9693652a/  

7.1.5 Efosa Ighodaro (Mr.)

{Co-founder & (Africa) Chief Operation Officer}  

Efosa created the first forex community on Facebook in 2008, has been involved in the Tech start-up scene in Dallas TX. Won the University of North Texas (Denton, USA) first hackathon event. Experienced Forex trader of 10 years...

Linkedin profile: https://www.linkedin.com/in/efosaighodaro/ 

7.1.6 Hieu Kim Tran (Mr.)

{Co-founder & Chief Mobile Officer}  

Hieu is an experienced project manager specialising in technical operations. Recently, he was the CTO for one of the biggest platforms in Vietnam, Canavi. Now he joins Contractium to lead the developer team and provide technical support and advisory services for Contractium.

Linkedin profile: https://www.linkedin.com/in/trankimhieu

7.2 The Board of Advisors  

7.2.1 Franck Nouyrigat (Mr.)

{Founder at Stealth / Partner at recorp.co / Startup Weekend co-founder}  http://www.recorp.co/  

Linkedin profile: https://www.linkedin.com/in/francknouyrigat/  

7.2.2 Douglas Abrams (Mr.)  

{CEO at Expara and Expara IDM Ventures}   http://expara.com/  

Linkedin profile: https://www.linkedin.com/in/douglasabrams/  

7.3 The company

Name: CONTRACTIUM LTD.

Country of Incorporation: British Virgin Islands

BVI Company Number: 1980420

Date of Incorporation: 24 May 2018

Registered Office Address: Unit 8, 3/F., Qwomar Trading Complex, Blackburne Road, Port Purcell, Road Town, Tortola, British Virgin Islands VG1110.

[Singapore - Correspondence Office]

Office Address: 68 Circular Road, #02-01, Singapore 049422

[Vietnam - Representative Office]

31 Han Thuyen Street, Ben Nghe Ward, District 1, Ho Chi Minh City (Postal code: 700000), Vietnam.

8. SOCIAL MEDIA

Website

https://contractium.io/ 

        ICO page

https://ico.contractium.io/ 

Mobile app store

https://play.google.com/store/apps/details?id=com.contractium 

Social media account:

Twitter: https://twitter.com/contractium 

Telegram: https://t.me/contractium 

Facebook: https://www.facebook.com/contractium.io/ 

Linkedin: https://www.linkedin.com/company/contractium-io/ 

Youtube channel: https://www.youtube.com/channel/UCdNLXQrp7sn6lNeqOYOz_wQ 

Twitter account of CEO: https://twitter.com/contractium_CEO 

/* Warning */

Contractium is not available for citizens following countries, which individuals or entities are to be restricted for cryptocurrency trading:

Legend:

AML – Anti-money laundering

CFT – Combating the financing of terrorism

FATF – Financial Action Task Force

Sources:

http://www.fatf-gafi.org/countries/#high-risk

{to be updated}