DemocratizingInvestment

ThroughCryptocurrency


ShingoLavine
BitquenceFounder








Version:1.2.8

LastUpdated:August1st,2017

Thefutureisalreadyhere,itsjustnotevenlydistributed
WilliamGibson,TheEconomist,2003

TableOfContents
Introduction:Vision,Team,Problem,Solution,Background
1. TheBitquencePlatform
1.1 DynamicAssetAllocation
1.2 ManagedAllocationsandTransparency
1.3 DigitalLiquidityNetwork
1.4 ColdStorageandSecurity
1.5 Next-GenerationDigitalWallet

2. TheBitquenceToken
2.1 TokenSaleandDistribution
2.2 ProofofStakeRiskProfiles
2.3 ValueandLiquidityNetwork
2.4 Long-TermRoadmap
2.5 LegalHurdles

3. LookingtotheFuture
3.1 MoneymarketandRapidAssetAllocation
3.2 CryptocurrencyServicesandMassAdoption
3.3 FutureDecentralization

Vision
Bitquencesvisionistocreateapeople-poweredneweconomyservicescompanythatmakes
thecryptocurrencymarketaccessibleandtrustworthytotheaverageuser,accelerating
adoptionofblockchaintechnologyanddemocratizingownershipofcryptocurrencies.

Team
Whilethisisamassivevision,Bitquencehasanexperiencedandenthusiasticteamofwhoare
readytomakethisvisionareality.TheBitquenceteambringstogetherauniquecollectionof
expertsacrosscryptocurrency,distributedcomputingsystems,mobiletechnology,and
broadscaleconsumerappdevelopmentthathasbuiltmultipleaward-winningapplications
andcollectivelypoweredover$1billioninmobilemicropayments.

Problem
TheBitquenceplatformisdesignedtotacklespecificproblemsintheworldof
cryptocurrency:
- Choosingbetweenanever-growingarrayofcryptocurrencies
- Understandingriskandqualityacrossmultiplecoinsandassets
- one-clickdiversificationintomultiplecryptoassets
- Asafeandsecuremobilewalletthathandlesmultiplekeys
- Beingabletoeasilytransfervalueacrossdigitalassets

The$4TrillionFinancialServicesIndustry
TheS&P500intheUnitedStatesisworth$20trillion.20%oftheS&P500ismadeupof
financialservicescompaniesor$4Trillion.Forthecryptocurrencyindustrytogo
mainstream,itwillhavetoultimatelybecomemoreuserfriendlyandenableasafeand
securewaytoinvestincryptocurrenciesandaltcoins.

Solution
TheBitquenceteamhasmappedoutamulti-yearapproachtobuildingascaleplatformthat
willtackletheseproblemsinawaythatbuildsapowerfulnewecosystem.Atthecoreofthe
visionistheBitquencetoken,whichwillpowertheservicesandenableanewdigitalliquidity
networkthatwillmakeitsafe,easy,secureandfreetotransfervalueanywhereintheworld.

Background
Overthepastseveraldecadestherehavebeenanumberofmacroeconomiceventsthathave
fundamentallychangedthewaythatsocietyoperates.TheDigitalRevolutionchangedthe
waywetreatdataandcomputation.Wesawtheriseofthemoderninternetinthedot.com
boomandmorerecentlywevebeguntoexperiencetheInternetofThings.Cryptocurrencies
andblockchaintechnologyarenowmakingwayfortheInternetofValueandFintech
companiesarepavingthewaytoadecentralized,unencumberedfinancialfuture.

Cryptocurrencieshaveskyrocketedinrecentyears,rapidlyreachinghugevaluations.

Theaccessibilityofsomeofthesecurrenciesdependonmanyfactors,includingprivatekeys,
walletsandliquidity.SowhiledigitalassetssuchasPIVXoffereye-poppingreturns,itisalso
extremelydifficultandmystifyingforevensophisticatedparticipants,letalonetheaverage
consumer.

Themarketcapofthesenewgenerationofcryptocurrenciesstillpaleincomparisontothe
U.S.economy,letaloneglobalmarkets.Valuationsoftheglobalstockmarketsareover$70
Trillion,dwarfingthetotalcryptocurrencymarketcapitalizationof$100Billionatthetimeof
writing.Thereismassiveroomforexpansionifmoreinvestmentbeginstoflowintothe
sector,safetyandsecuritycanbestrengthened,andusefulservicesarebuiltonthe
disruptiveblockchaintechnology.

WallStreetandbigbanksarebeginningtotakenoticeofthehugepotentialoftheblockchain
andthelatestcryptocurrencyreturns.Whilewewelcometheirparticipation,the
decentralized,trustlessnatureoftheblockchainneedstobepreserved.Cryptocurrency
representsafundamentalthreattothewaythatmanyfinancialinstitutionsoperateandit
wouldbefoolishtothinktherewontberesistance.

Ratherthanjusticeforall,weareevolvingintoasystemofjusticeforthosewhocanaffordit.
Wehavebanksthatarenotonlytoobigtofail,buttoobigtobeheldaccountable.
JosephE.Stiglitz

ThatswhyBitquenceaimstocreateapeople-powered
cryptocurrencyservicescompanyfortheblockchain.
BitquencesMissionistomakethecryptocurrencymarket
accessibleandtrustworthytotheaverageuser,accelerating
adoptionofblockchaintechnologyanddemocratizing
ownershipofcryptocurrencies.Thisisakeypartofthe
philosophicalmissionestablishedbySatoshiNakamoto.By
allowingtheaverageparticipanttoeasilypurchase
cryptocurrencyinpre-diversifiedbaskets,participateinconsensusqualityandriskratings
andpotentiallysendvalueanywherequicklyandeasily,Bitquencehelpsmakethenew
economyeasy,safeandsecureandaccessibletoeveryone.

Bitquenceisthefirstcryptocurrencyservicescompanytosynthesizemanyoftheneedsofthe
neweconomy.TheBitquenceUniversalWalletwillenablerapiddiversificationintomultiple
digitalassetsquickly,easilyandcheaply.ThiswillpavethewayfortheBitquenceDigital
LiquidityNetwork,whichwillfacilitateglobaldigitalpaymentsinstantlybetweenanycrypto
andfiatcurrency.Whilethisisamassivevision,Bitquencehasanexperiencedand
enthusiasticteamoffinancialandmobileexpertswhoarereadytomakethisvisionareality.

Bitquencesvisionisto:

Makepurchasingcryptocurrenciesanddigitalassetsaseasyandsafeaspossible
Enablecommunityconsensusoncryptocurrencyriskandquality
Launchavarietyofdiversifiedcryptocurrencyinvestmentbasketswithlowfees
makingitsimpleandpainlesstobuyinwithcryptoandfiatcurrencies.
EnableauniversalmobileBitquencewallettoprovideasafeandsecurewaytobuy,
tradeandholdavarietyofcryptocurrencies.
CreateaBitquencetokentopayforplatformserviceswhilecreatingoverallliquidity
fortheentirenetwork
Eventuallyintegratecryptocurrencypaymentswithexistingfinancialstructures
throughtheBitquenceDigitalLiquidityNetwork

Wearegoingtobringthefinancialfuturetoyou.

Areyouready?

1.TheBitquencePlatform
Therearehundreds,ifnotthousands,ofdifferentwalletsoutthereforallofthedifferent
digitalassetsandmanaginglotsofwalletsforeachofyourcurrenciesisdifficult.Hereat
Bitquencewewantedtocreateaplatformthatcouldprovideapowerfulsinglepointof
interactionwiththeneweconomy.ThisNext-GenerationDigitalWalletwillbethebackbone
forourassetmanagementandcryptocurrencyservicesplatform.Theuniversalwalletwill
allowustobulktransactionstogetherinordertoincreaseliquidityandkeepcostsdownfor
consumers.Thisinfrastructurealsoallowsustocreateauniversalmobilepaymentsystem
foruserswhowishtotransactinanycurrencyinstantlybreakingdownbarrierstowardsmass
adoptionintheindustry.InthissectionwewilloutlinethepiecesoftheBitquencePlatform
thatwillmakeitthemostuser-friendlywayofbuyingcryptocurrencyonthemarket.

TheBitquenceplatformiscreatedoutofseveralcoretechnologycomponents:

Wallet&LiquidityLayer:Thisincludesacentralizedwalletmanagementsystem
whichlinkstotheBitquenceLiquidityNetwork,createdbytheBitquencetokenitself.
ThislinksprogrammaticallyviaAPIintomajorcryptocurrencyexchanges.The
LiquidityNetworkwillbedecentralized.

BitquencePlatformLayer:ThisincludesaCommunityConsensuscomponentfor
ratingindividualtokensandcryptocurrenciesontechnicalmeritandquality.Ratings
willbeassignedonthebasisofownershipofthosecurrencieswithintheBitquence
platform.ThiswilllinktoavarietyofDynamicAssetAllocations,egthecoinbaskets
thatuserscanbuyandholdwithintheBitquenceplatform.

ColdStorage:Thesystemwillrandomlysynchronizewithcoldstorage,whichwillbe
inasecurelocationthatisnotphysicallyattachedtotheinternet.

TheBitquencePlatform

1.1DynamicAssetAllocations
BitquenceDynamicAllocationsenableuserstosecurefundsthroughavarietyof
cryptocurrencyassets.Thevalueofyourallocationswilltrackpreciselytotheunderlying
assets.Bitquencewillhavearangeofdefaultallocations,anduserscanadjustthe
percentageoftheallocationstotheirpreference,assumingavailabilityoftheunderlying
asset.

WhenyouplacefundsintoaBitquenceAllocation,youwillbegivenan
estimatedcostandestimatedamountofunderlyingassetssecuringyour
investment.Allinvestmentsaresecured1:1byunderlyingassets.
Allocationswillbecomprisedentirelyofliquidcurrenciesallowinganyone
totransfervalueatanytime.Buyandsellorderswillbepooledand
executedonceadaytolowertransactioncosts.Bitquenceisnota
day-tradingsite,butratheraneasywaytoplacefundsacrossmultiple
currencies.ThebenefitstoBitquenceAllocationsareasfollows:

RiskDiversification:Spreadfundsacrossdozensofcryptocurrenciesortokens,
makingitlessriskythanpurchasinganindividualcurrency.

Accessibility:Cryptocurrenciesbecomeeasiertopurchase,enablingaverage
participantandconsumerstoexperiencethebenefits,andraisingliquidityforall
marketparticipants.

CommunityExpertise:Bitquenceuserscanrateindividualcurrenciesonquality
(technologyandserviceconcept)andrisk.Theseratingswillaggregateintoa
Allocation,soconsumerscaneasilyunderstandtherelativeriskandquality.

LowCost:Bitquenceallocationswillhavelowtransactionandmanagementfees,
ensuringthatthepowerandfreedomofcryptocurrencyremainsintactaswall
streetandprofessionalventureparticipantsstarttoenterthemarket.

TimeSavings:Bitquenceallocationswillenablepeopletosimultaneouslyinvest
inmultiplecurrenciesinsteadofhavingtoownandmanagemultiplewallets.

BitquencewillchargeaverysmallexpenseratioandfixedtransactionfeesonIndex
Allocations.Theexpenseratioisafeethatisonlyleviedonincreasesinvalueusing
high-watermarkrules1thatwillbeunder1%.

WeimagineBitquenceAllocationstobelikecoincollectionsorcoinbaskets-diversified
basketsofneweconomytokensthatcanbeeasilypurchased,heldandreallocatedas
needed.

1
http://www.investopedia.com/terms/h/highwatermark.asp-High-WaterMarkrulesensurethatfeesarepaid
outfairlyandonlyintheeventofcontinuouslyincreasingvalue
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1.2ManagedAllocationsandTransparency
UserscanmodifyAllocationstodecideonthe
percentageofspecificassets.Whenyoumodifya
BitquenceAllocationitbecomesaManaged
Allocation.Riskratingsformanagedallocations
aredeterminedbycommunityconsensus.Users
willbeabletovoteonaindividualcoins
riskinessaswellasitstechnicalquality.Thiswill
enableuserstoquicklyunderstandeach
individualcoinsriskandperceivedtechnology
qualitysoyoucanquicklygetanestimateofhow
riskyyourselectedorcustomizedcoinallocation
is.Feestructureswillbethesameasthosein
BitquenceIndexAllocationsandwillalsobe
chargedbasedonhigh-watermarkrules.

Westrivetomaintainanextremelytransparent
systemthatiskeptaccountablebyacommunity
ofusers.Thefactsandperformanceofall
allocationswillbe100%transparent,andeasily
summarizedtobequicklyunderstood.Thegoal
istomirrorthesimplicityofprofessionally
packagedfinancialinstruments,whilemaintainingthedemocracy,community,freedomand
securityofcrypto-currencies.

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Ifyoucantexplainitsimply,youdontunderstanditwellenough-Anonymous

1.3DigitalLiquidityNetwork
TheBitquenceDigitalLiquidityNetworkis
thesupportingarchitecturethatenablesthe
manycapabilitiesthattheBitquence
UniversalWallethas.TheBitquenceDigital
LiquidityNetworkwilluseBitquenceTokens
(BQX)totransferandtransformvaluefrom
anysourceandintoanydestination.The
LiquidityNetworkoperatesbyrapidly
pairingnetworksofBitquenceusersperformingdifferentbulktransactionstogetherto
transformvalueontopofunderlyingassets.EachofBitquencesfeaturessuchasAutomatic
GasConversionorDynamicAssetAllocationswilldeepentheliquidityoftheBitquenceToken
andmaketheLiquidityNetworkmorerobust.Byusingthisinfrastructure,thereisno
counterpartyriskandnoleverage.Everythingintheliquiditynetworkisbacked1:1with
underlyingcryptocurrencyassetsensuringthatBitquencewillalwaysbesolventmitigating
riskstousers.

1.4ColdStorageandSecurity
Coinbasekeeps98%oftheirfundsincoldstorage.WiththeBitquence
DigitalLiquidityNetwork,assetsareliquidandtransferrable,butcan
bekeptincoldstorageuntilwithdrawal,similartoabank.Bitquence
willdistributepaperandhardwarewalletsatgeographically
distributedsafetydepositboxesaroundtheworldtosecureassets
safelyandsecurely.Coldstoragewillsyncatrandomintervalswithhot
storagewalletssouserscandepositandwithdrawfreely.ColdStoragewillbebuiltintoall

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BitquenceUniversalWalletssothateveryonecanenjoysecurityandpeaceofmindknowing
theirassetsaresafe.

1.5Next-GenerationDigitalWallet
TheBitquenceUniversalWalletoffersusersavarietyoffeaturesnotaffordedbyother
wallets,leveragingtheuniquecapabilitiesoftheBitquenceplatform.

2TheBitquenceToken
TheBitquenceToken(BQX)isisessentialtothefunctioningofthe
Bitquenceplatform.InordertouseBitquenceallocationsandcold
storage,userspayatokenfee,whichwillrepresentanominal
portionoffunds,similartodust.BQXtokenscanalsobeusedto
rebalanceindividualportfolios.Inotherwords,liquiditygenerated
byBQXwillbeusedtoenableuserstoshiftallocationsbetween
variouscurrenciesquicklyandeasily.BQXtokenscanbeusedas
gasfortransactionsandstorageontheBitquenceplatformwhichwillbepaidinsteadof
traditionalmanagementandservicefees.

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InshortBQXTokenswill:

BethepaymentmechanismforusingtheBitquenceplatform
PayforBitquencecoldstorageservices
Enableliquiditytohelpwithchangesinuserassetallocations

Inthefuture,BitquenceTokensmaybeusedtosendvalue,similartoPayPal.Thereare
technicalandlegalhurdlestomakethisvisionareality(seeLegalHurdlesbelow)

2.1TokenSaleandDistribution
BitquencewilllaunchaTokenSaletoinitiallydistributeupto30%ofBQXinordertofund
developmentoftheplatformandexpandserviceofferings.Toencourageliquidityand
demand,servicetransactiondiscountswillbegiventobulkholdersofBQXtokens.Inother
words,userswhoholdBQXtokenswillenjoycheapercoldstorageandservicetransaction
fees.40%oftokenswillbereservedtoestablishliquidityfortheBitquenceLiquidityNetwork.
Therewillbe1billionBitquencetokensminted,whichwillrepresentalltheglobalsupply.

Priceiswhatyoupay.Valueiswhatyouget
- WarrenBuffett

Wewishtobeastransparentaspossibleabouttokenownershipandourdevelopment
roadmaptodispelconcernsaboutvaporwareor
pumpanddumpscams.Webelieveinthepower
ofcryptocurrenciesandarecommittedtobuilding
high-qualityservicesaroundthatphilosophy.Any
tokensthatarenotsoldduringthetokensalewill
beburned,meaningthecommunitygetstodecide
howmuchthisprojectisworth.

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Pricingisasfollows:

TheleftshowsthepriceattheamountofETHcommitted.Thepriceyougetdependsonhow
earlyyoubuyin.Thereisasoftcapof40,000ETHafterwhichthetokensalewillentera72
hourlastchanceperiodwhichhasahardcapof150,000ETH.Thetotalsupplyofthetokens
willbe1Billionifall150,000ETHoftokensaresold.If40,000ETHworthoftokensaresold,
thentheremaining110,000ETHworthoftokenswillbeburnedprotectingtokensale
participantsandthetotalsupplywillbelessthan1Billion.

2.2ProofofStakeRiskProfiles
AllBitquenceTokenHolderswillbeabletoparticipateinconsensusriskprofiles.Userswith
activeBQXbalancesontheBitquencePlatformwillbeabletostaketheircoinsondifferent
riskprofileswithweightedvotingbasedontheirstake.Bitquencetokenholdersare
motivatedtovotetruthfullyastheyarerewardedbasedontheaccuracyofthevote.This
meansthatexperienceduserswillberewardedfortheirknowledgeandearnBQXpayouts
justforusingtheplatformandstakingtokens.Thisalsohelpsnewerusersgainfamiliarityto
therisksandqualitiesofdifferentcoins,helpingdrivetrustandadoptioninthemarket.Users
willbeabletoseethenumberoftokensstakedagainstoutcomesshowingthestrengthofthe
marketssentimentagainsteventsinthecryptomarket.UtilizingConsensusRiskProfiles,
everyallocationwillbeabletoreceiveacustomizedqualityandriskprofilesoevennewusers
willhaveaccesstostate-of-theartinvestmentanalysis.

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2.3ValueandLiquidityNetwork
TokenswillbeissuedontheEthereumNetworkusingERC20standardssothattheycan
leveragethefullsecurityandcapabilityofanestablishedblockchain.Byutilizingthe
EthereumnetworkitwillofferBQXeasyexchangeintegration,enhancedliquidityandthe
abilitytoleverageexistingtechnicalinfrastructurethatmanyusersarealreadyfamiliarwith.

AsthetokenwillbethebackboneoftheLiquidityNetwork,Bitquencewilluseallthe
remainingunsoldtokenstostaketheLiquidityNetworkandmakemarketsforthebenefitof
consumers.AllinitialcounterpartyriskwillbeabsorbedbytheBitquenceTokensusedto
stakethenetworkwhichwillencouragetheLiquidityNetworksuseandadoptionasa
paymentstandard.

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2.4Long-TermRoadmap

OurultimatevisionandgoalistomakeBQXapaymentsstandardforservicesallaroundthe
world.Thiswilltakeyears,butwebelievetheroadmapoutlinedaboveisavalidandsolid
strategytogettherewhilebeingusefultothecommunityalongtheway.Earlyadoptersof
thetokenwillgainthebenefitsoftheBitquenceplatformatverylowcost.Oncethe
BitquenceDigitalLiquidityNetworkhasbeenestablished,theBQXtokenwillbetransferrable
andliquidintoanysupportedcryptoorfiatcurrency.Thiswillmakesendingawidevarietyof
cryptocurrenciesaseasyassendingPaypalorVenmoviaemailortextmessage.Thiswill
openthedoortomassadoptionforUniversalMobilePaymentsusingBQXforanymerchant
atextremelylowintegration,infrastructureandtransactionalcosts.Eventually,theroadmap
includesrapidassetallocationtooccurthroughtheBitquenceDigitalLiquidityNetwork
and/orpartnernetworks,makingrapidassetallocationascosteffective,fastandreliableas
possible.

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Stage1:ProofofStakeRiskProfiles
Thefirstthingwehopetoreleaseistheproofofstakeriskprofiles.Userswillbeabletostake
coinsagainsttheoutcomesofdifferentcryptocurrenciesandgetrewardedbasedon
accuracy.WewillstartwithaBQXreleaseandwhenwearereadyallowdepositsofBQX.
Thisallowsustohaveatestenvironmenttoironoutanyissuesbeforetheyaffectanyoneand
beginbuildingdata.

Stage2:Baskets,DiversificationandEducation
Thesecondphaseofdevelopmentiscreatingthebasket,diversificationandeducation
componentsoftheplatform.Usersshouldbeabletoevaluatetokensusingproofofstake
data,newsandothersourcesthencreatecustombasketstodiversifyacross.Wehopetobea
one-stopresearchanddiversificationplatformmakingitreallyeasytostartinteractingwith
cryptocurrencies.

Stage3:FiatIntegration
Tobeginacceptingfiat,itwillrequirecrossingmanylegalandregulatoryhurdles.Wewill
havetocomplywithAML/KYCandensuretheplatformishighlysecurebeforeallowingany
fiatinorout.Weanticipatethatthiswillrequireagreatdealoflegalworkwhichiswhyweare
pushingitoutinourtimeline.

Stage4:DigitalLiquidityNetwork
Aftercompletingbaskets,diversificationandfiatintegration,wecanbegintomovetowards
theultimategoalofBitquencewhichisamassivedigitalliquiditynetworkenablingthe
transferofvalueacrossdifferentassetsquicklyandeasily.ThiswillrequireestablishingBQX
tovariousassettradingpairsandcreatingalgorithmstomatchbuyersandsellersrapidlyin
realtime.Thisisaloftygoal,butsomethingwehopetoachieveinduetime.

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2.5 LegalConsiderations
Bitquencepresentslegalhurdles,especiallyintheUnitedStates.Forthisreason,theToken
SalewillnotbeavailabletoU.S.participants,andBitquencewillrequirespecializedlegal
counselinordertobecomeareality.Assuch,itisanticipatedthataportionofthefunds
raisedinthetokensalewillgotowardslegalcounselandframework,especiallyinmarkets
suchastheUnitedStates.

Legalconsiderationsinclude:

CompliancewithKnowYourCustomer(KYC)regulationsandrequirements
ImplementationofAnti-MoneyLaundering(AML)regulationsandrequirements

Forexample,onMarch2013,theU.S.DepartmentofTreasuryFinancialCrimesEnforcement
Network(FinCEN)issuedspecificguidelinesregardingadministrationandexchangeof
virtualcurrencies.Akeyparagraph:

Thisguidancereferstotheparticipantsingenericvirtualcurrencyarrangements,
usingthetermsuser,exchanger,andadministrator.Auserisapersonthat
obtainsvirtualcurrencytopurchasegoodsorservices.Anexchangerisaperson
engagedasabusinessintheexchangeofvirtualcurrencyforrealcurrency,funds,or
othervirtualcurrency.Anadministratorisapersonengagedasabusinessin
issuing(puttingintocirculation)avirtualcurrency,andwhohastheauthorityto
redeem(towithdrawfromcirculation)suchvirtualcurrency.

OnMay2015,theU.S.DepartmentofJusticeenteredintoasettlementagreementwithRipple
Labsregardingtheirpolicies,proceduresandtrainingandresultingincivilpenaltiesand
fines.

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BitquencemanagementiscommittedtomaximizinguservalueoftheBitquenceplatform
whileremainingfullyincompliancewithlocallawsandregulations.Assuch,Bitquencewill
determineonamarket-by-market(andiflaunchedintheU.S.state-by-state)basisthe
necessarylevelofcompliancewithlocallaws,andthefeasibilityoflocalmarket-based
launches.ThismayimpacttheroleoftheBitquenceplatformandtoken,including:

Supportoffiatcurrencies
CapacitytotransferBitquence
Themaximumamountoffiatorcryptocurrenciesthatcanbedepositedinto
Bitquence
Bitquenceuserdisclosurerequirements

TheseissuesshouldbeconsideredbyusersconsideringadvancedpurchaseofBitquence
tokens.ThefundamentalroleoftheBitquencetokenistoactasgasfortheBitquence
platformandenableassetallocationrebalancingbetweenvariouscryptocurrencies.
However,theBitquenceservicemaynotbeavailableincertaincountries-forexample,itmay
beyearsbeforetheBitquenceserviceislaunchedintheUnitedStates.(Notethatthe
BitquenceTokenSaleisnotavailableforU.S.participants)Prospectiveparticipantsinthe
Bitquencetokensaleordownstreamtokenpurchasesshouldconsiderthesefactspriorto
purchasinganyBitquencetokens.

3 LookingtotheFuture
TheBitquenceapplicationisdesignedtobedevelopedanddeployedasquicklyaspossible.
InitiallyBitquencewillrunoncryptocurrenciesandwillbethoroughlyscale-testedpriorto
theintegrationofanyfiatcurrencygateways.Thecoreprioritiesoftheapplicationare::

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Security:Rocksolidcoldstoragetechnologyandprotocols.
Scalability:Thecapacitytohandlescaletransactions.
Accessibility:Makingtheplatformfast,easyandmobile-friendly
Decentralization:Makingtheplatformdecentralizedeliminatinganysinglepointoffailure

ButBitquencehasbiggerplansbeyondlaunchingaconvenientassetmanagementplatform.
WewanttopositionBitquenceinthemarkettobetheleaderinsecurevaluemanagementin
theneweconomy.

3.1 MoneyMarketandRapidAssetAllocation
Asofrightnow,Bitcoinisthedominantcurrencybywhichallothercurrenciesaremeasured
andexchanged.WhensomeonemakesaBitquencedeposit,thefundsareconvertedinto
BitcoinandcanbewithdrawnasBitcoin.Inthissense,BitcoinistheequivalentoftheMoney
Marketintraditionalbrokeragesandcanbeconvertedintodiversifiedassetallocations.
UserswhowishtoacquireBitcoinmaydosobysimplydepositingfiatcurrencies.Aswebegin
toestablishtheDigitalLiquidityNetwork,themoneymarketmayshifttoBQX.

Inordertoachieverapidassetallocation,wewillinitiallyusedirectexchangeintegrationto
convertBitcoinintoagivenbasketsunderlyingallocation.Theuserwillbegivenestimated
pricesandownershipofunderlyingassetsandwillbeabletocompareittoactual
investment.Rapidassetallocationisimportantforparticipantswhowanttomovequicklyin
arapidlychangingmarket.

3.2 CryptocurrencyServicesandMassAdoption
BitquencesvisionistobethestandardforcryptocurrencyservicesintheNewEconomy.By
bridgingthegapbetweentheoldandthenew,we
intendtoofferasafeandeasywayforanyoneto
interactwiththefutureoffinance.Global

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remittance,instantpayments,localizedpaymentportalsandsomuchmorearepossiblewith
theBitquenceInfrastructure.Furthermore,theBitquencemodelcancreateacryptocurrency
servicescompanywhoseinterestsalignwiththoseofthepeoplethatitserveswithBitquence
Tokens.

3.3 FutureDecentralization
Ripplestartedasacentralizedservicethatintendedtodecentralizeinthefuture.Bitquence
willstartasacentralizedserviceanddecentralizepiecesifitmakessenseindevelopment.As
theDigitalLiquidityNetworkexpands,itwillbegintoincludeliquiditypartnersandsmart
contractcoinexchangeswhichwillassistinthedecentralizationofBitquence.Furthermore,
wehopetobeverytransparentinordertocomplywithAML,KYCandFinCENregulationsand
toprotectusersfromattacksagainstBitquence.Wehaveagrandvision,butitwilltakealot
oftimeandefforttogetthere.Wehighlyvaluecommunityengagementandwillregularly
updatethecommunityonthedevelopmenteffortsofBitquence.

WeareincrediblyexcitedaboutthehugepotentialofBitquence.Thankyouforreadingour
whitepaper,andpleasevisitwww.bitquence.comtofollowusonsocialmediaandinteract
withourcommunity-drivenproject.

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www.bitquence.com

This is not an offer or to sell or a solicitation to buy any digital assets. The cryptocurrency space is
volatile. Please be careful and thoughtful when purchasing any cryptocurrency token, digital asset or
token sale. This paper can be changed at any point with no prior notice.

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