INFINITUM 1 FLAT SHARING INFINITUM SMART FLAT SHARING. Global Decentralized Appartment Sharing Platform INFINITUM SMART FLAT SHARING

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1 INFINITUM INFINITUM Global Decentralized Appartment Sharing Platform INFINITUM 2018 INFINITUM SMART 1 FLAT SHARING

2 Legal notice INFINITUM or INFINITUM SFS is a project/internet platform that belongs to Infinitum SFS GmbH. Infinitum SFS GmbH holds the copyrights for the project/internet platform according to the law of Switzerland. Infinitum SFS GmbH under full corporate authority and responsibility declares that this White Paper could be considered as an investment proposal for potential investors of INFINITUM. According to the law of Switzerland and Securities Act, INFT-Gold project/internet platform s tokens are to be considered as securities based on press release of FINMA (Swiss Financial Market Supervisory Authority), financial regulator, as of February 16, 2018 and are to be classified as Asset tokens. Also, INFT-Silver project/internet platform s tokens are to be considered as a payment instrument to be used only to access to the internet platform s services based on press release of FINMA (Swiss Financial Market Supervisory Authority), financial regulator, as of February 16, 2018 and are to be classified as Utility tokens. The purpose of this White Paper, issued by Infinitum SFS GmbH for the INFINITUM project, is to provide the token INFT-GOLD ( INFT-Gold or Token ) to potential investors (future tokens holders) and detailed information about upcoming ICO. INFT-Gold holders are advised to thoroughly analyze the project and the company and to understand current and potential value of the INFT-Gold tokens. All information in the White Paper should be viewed as an offer to invest to the company s securities, as the tokens will be issued in accordance with the law of Switzerland, set as Asset tokens and certified by FINMA (Swiss Financial Market Supervisory Authority). This document is prepared in accordance with the law and legislation of Switzerland that are designed for investors security. The following information in this White Paper is not to be considered as forecasted growth of INFT-Gold token s rate. The calculations given below are based on fundamental mathematical law and objective past experience in similar business model of INFINITUM project founders. The White Paper in English is a main source of information about start-up of INFT-Gold token. The information contained herein can be translated into another languages and used during written and verbal communication with current or potential investors, partners or third parties from time to time. During the translation or communication some information contained herein can be lost, destroyed or misrepresented. Accuracy of such an alternative communication cannot be guaranteed. In case of conflicts or discrepancy between such translations or messages and the White Paper information written in English, the priority is to be given to White Paper written in English. 2

3 CONTENT 1. Project overview 1.1 INFINITUM mission 1.2 INFINITUM solves the issues 1.3 How INFINITUM works B2P P2P 1.4 Principals INFINITUM 2. Market analysis 2.1 Real estate market benefits 2.2 Key tendencies of the industry 3. Project implementation 3.1 INFINITUM services 3.2 INFINITUM operation 3.3 Technical solutions applied in INFINITUM 3.4 INFINITUM business model Financial feasibility of INFINITUM INFINITUM strategy 3.5 Countries and cities where property will be purchased 4. Blockchain Technology and Smart Contracts 5. Tokens 5.1 INFT-Gold 5.2 INFT-Silver 6. Pre-sale and ICO 6.1 Pre-sale 6.2 ICO Profit calculation and nvestments distribution I stage. Pre-sale II stage. First round of ICO III stage. Second round of ICO 7. What INFT-Gold tokens holders get 7.1 Dividends 7.2 The stock exchange 8. Instructions how to buy INFT-Gold tokens 9. Risks 10. Road Map INFINITUM 11. Summary

4 Project overview INFINITUM is international internet platform for real estate rent based on blockchain technology. In order to raise funds we apply financial model of crypto financing (ICO, initial coin offering). We believe that blockchain technology can speed the growth of sharing economy that solves the real estate industry issues by attracting more individuals who weren t involved to the industry before. Property s tokenization enables significantly change the real estate rental process. Internet platform s user can search and rent real estate in an application all over the world. Hourly, daily and monthly rents are possible. Safe and protected form unauthorized access system allows making a transaction without physical presence of a landlord and avoiding any third party. The transactions are made with peer-to-peer (P2P) transfers. It simplifies rental process, decreases rental rates and increases the security for landlords and tenants, also improves the communication between the parties and speeds up the project implementation. INFINITUM mission Using the smart contracts on the internet platform will allow us to achieve the goal and to make the rental process predictable for every user all over the world. Decentralized system based on blockchain technology will make the management of real estate, intended for daily rent, much effective and decrease the transaction fees. We believe that the internet platform INFINITUM will change the public opinion on blockchain technology applied in the real estate rent industry. The implemented technologies will change the attitude on investments and hotel industry. Our goal is to make the process of renting the real estate as fast as possible, transparent and safe. 4

5 INFINITUM solves the issues 1. Users issues. One of the issues of today s real estate rent market is dependence on time of checking-in and preparation the apartment for accommodation. Also, it is possible that tenant doesn t want to be seen accompanied by his guests or doesn t want to meet the landlord. Human factor can make less comfortable the fast checking-in into guaranteed available apartments\rooms at any time! Technology INFINITUM SFS excludes the human factor by electronic lock system (smart door lock system). Landlord and his representatives don t have an access to the property during the renting time. 2. Investors issues. Daily real estate renting is one of the most high-profitable types of rent in the industry. At the same moment, the industry tends to be seasonable. In the tourist cities the rental demand is the highest in the period of spring-summer-autumn and it decreases by the wintertime. There are the cities where rental demand is high all year round. These are metropolitan cities London, Moscow, Paris, New York. People come to such cities not only for touristic purpose, but also for education, business and participation in seminars and trainings, culture and sports events. The real estates registered in the internet platform INFINITUM SFS are intended to be evenly spread around different continents in the both hemispheres. It allows to cover different seasons and seasons of sport events all over the world continuously. 3. Daily real estate rent is one of the most high-profitable types of rent in the industry, but not readily availably for the majority of population. Internet platform INFINITUM SFS opens the access to the most profitable real estate: purchased directly or purchased under mortgage, rented or constructed at all staged of construction and all over the world. In addition, it allows small investors from the countries with low loan state interest rate get more profit from the difference in daily rent profit and low interest rate. It is wonderful and winning solution for passive income. Two types of real estate available on the internet platform INFINITUM SFS will solve the today s issues on real estate rent market. First type is a real estate owned by companies (B2P), second type owned by individuals (P2P). 5

6 How INFINITUM works? B2P Potential tenant who wants to rent an apartment in a specific place for the specific period registers in application Infinitum SFS and passes KYC (know your client) procedure. Then he opens the application Infinitum SFS on his smartphone and sees the list of the apartments in the requested location. By clicking on the apartment icon he can see full description of the apartment, its photos, reviews and available dates. Depending on the rental period, the option of grace/free period may be activated, in order to ensure that the apartment reserved for him is available. Once the apartment booked it disappears from the available apartments list and became unavailable to access for landlord and third parties. When tenant is approaching to the entrance of the apartment the electronic lock on the door unlocks with the key given in the application Infinitum SFS. Electronic key is activated only for the rental period. At the end of the rental period the key is canceled. The control over this function and entire rental transaction is performed on smart contracts. Once the rental starts the tenant automatically holds all the responsibility for the apartment and its contents. When the rental period is completed the tenant finishes the rental transaction by choosing the option Ready for next check-in or Cleaning is needed. How it works Digital keys on the INFINITUM SFS platform makes reservation and check-in process simple, convenient and fast for all our guests The guest downloads the app, registers his/her smartphone through the app and allows push notification The guest makes a reservation and approximately 24 hours before arrival, he/she is invited through a push notification to use digital keys and start the chek-in process The guest recives a push notification noting that he/she is checked in and the app will update the data on the assigned apartment and generates a digital key On arrival the guest go directly to his/her apartment After ensuring that the Bluetooth is enabled, the guest simply holds the smartphone to the door lock, waits for the solid green light and enters the apartment P2P Internet platform INFINITUM allows landlord to use it without buying the tokens. To do this INFINITUM SFS installs the special lock on apartment door that are also used in the company s apartments. There are three options for landlord to receive a right for using the lock and placing the apartment on the internet platform: buy the electronic lock, rent the lock and free installation of the lock by INFINITUM SMART FLAT SHARING staff. Each of the option implies from 0% to 3% service fee which landlord pays to INFINITUM. As the internet platform INFINITUM SFS charges the lowest service fee among the available offline and online 6

7 renting services, it is more comfortable for landlords to work with us. In order to use internet platform INFINITUM as a landlord it is required to choose the most convenient option and sign the contract. The key benefit for INFINITUM SFS from the collaboration with landlord is an increase of database of available property in each city, each country within the project, rather than gains profit from sales or rent the electronic locks. It helps to advertise and promote the project, strengthen the brand INFINITUM and provide the unique opportunity to any landlord with no dependence on his location. Principals INFINITUM Transparency The current real estate rental platforms hold the rights to control rental process that could be inconvenient for both landlord and tenant. Also, these platforms include their agent fee to the rent rate making it more expensive. INFINITUM puts all the efforts to optimize the control over property, improve its business processes efficiency, creates technologies that make the daily rent more transparent, save, flexible and profitable. Reliability The platform allows INFT-Gold token holders to invest to the project with no risk, as each token will be backed by property bought all over the world. Availability INFINITUM reduces all possible requirements to participate in any real estate rent transaction. Any person can be a user of the internet platform. Security Internet platform INFINITUM allows safely and effectively participate in share renting as all transactions are kept in smart contracts. Efficiency The technology allows receiving a passive income in amount significantly higher than banks deposit interests. Yearly dividend payment makes the project more attractive for conservative investors who prefer low-risk investments with high returns. The income could be transferred in cryptocurrency as well as fiat currency. 7

8 Not only private investor, but also big funds, that prefer diversification of investments, could invest into the project. Any investments are possible by buying INFT-Gold tokens, the amount of tokens are limited by initial emission. Percentage of dividends directly depends on tokens amount that investor owns. The term Passive income from the investments in tokens doesn t include profit from tokens rate fluctuation on the stock exchange at the moment of rapid raise of the rates. It should be understood that trading on the stock exchange is profitable, but doesn t guarantee profit and also losses are possible. However, taking into consideration the fact that INFT-Gold token is backed by real estate the capitalization of the company will grow steadily step-by-step with each new purchased property. Speed work Finally, the main technology, which is the core engine for the short-term rental industry, is a smart contracts. Smart contracts under blockchain technology: Keep the reliable information about real estate, tenants whiling to rent the property and completed transactions; Solve the trust issues between the parties by making the process more transparent and speeding all the stages; Simplify the operations of short-term rent; Are more safe in using than traditional documents. This technology guarantees funds transfer, simplifies and speeds up the transactions, reduces the false or unconfirmed review, prevents unconfirmed property booking transactions. Internet platform INFINITUM allows significantly change the opinion about real estate rental industry! 8

9 Market Analysis The real estate industry has a lot of advantages: The rental market is characterized as high stable and weak dependable on economic downturn; Although the low risk level, the return on the assets is quite high. Having a residential property allows you to get a steady income; Protection against inflation. In the period of currency deprecation the assets and its rent are resistant to growth; 35% of investors consider the real estate as the most profitable asset from a risk-return perspectives; At the time of steady population growth and rapid economic development, more and more people are getting interested in real estate rent, so the rental industry has unlimited possibilities to grow. 65% Investors preferring other industries 35% Investors who are preferring to invest in real estate All listed advantages make the owning the property very practical for portfolio diversification and reduction of the market risks and macro economical shocks for the owner. 9

10 Key tendencies of the industry Nowadays, the new investment trend is developing in the finance world. More and more individuals are interested in small investments in shared construction, what drives P2P platforms openings. One of the most popular examples is crowdfunding platform RealtyShares, which allows to make the investments starting from 500 US dollars and it already has more than users. The real estate market, on its own, is an economy element and part of national wealth. In 2016, estimated real estate market value of 217 trillion dollars. The most part is rental market, where participants are not only hotels, motels, hostels and guesthouses, but also rapidly growing private mini-hotel business. The prime example is hundred thousands of private landlords, who lease the apartments through well-known portal AIR-BNB and similar ones. In , the construction industry will grow rapidly, especially in developing areas. As a result, sharp increase in rental market will take place. It will be caused by population raise as well as economic attractiveness of India, China and South Africa. Airbnb.com booking.com Agoda.com hotels.com trip.com homeaway.com directrooms.com INFINITUM 10

11 It is expected, that about 55% of world construction market will occur in developing countries in In 2016, this indicator was 46%. Due to the economical growth in China, India and Indonesia, constriction market will accounts at 16,5% of GDP against 14,9% in According to «McKinsey Global Institute» forecast, the quarter of world population will be spread throughout 600 biggest urban agglomerations. This factor drives the new trend in real estate constriction, in commercial and industrial infrastructure. Certainly, due to the great wave of upcoming construction development we will see the capacity increase of new places for rent, as a result stable profit from rental business, and in particular case - short-term rent. Also short-term (daily) property rent will develops as more people supports the idea of free person when he is not tied to the specific workplace, city, country, continent. Remote work is rapidly penetrating into our routine life, breaking the old and conservative principals when the majority of population is tied to particular workplace, living area and travel only during vacation. The development of IT technologies and possibility to work remotely with Internet and also new industries, which were not possible to appear in industrial era, change the preferences of employees an they move from offline to online workplaces. It causes the increase demand for daily rent all over the world as a possibility to travel and perform the daily work routine becomes main philosophy of new generation and for some middle age people. 11

12 Project implementation INFINITUM Services By participating in our promising project, which is based on blockchain technology, our clients - individuals, entrepreneur, large and small companies - aim to get an access to the information about residential properties all over the world and use the opportunity to get a profit from hourly/daily/monthly property rent regardless the geographic location. All transactions on the INFINITUM platform are secured by technology Smart Contracts under Blockchain. The INFINITUM platform provides the following services to Investors: Transparent and secured transactions based on Blockchain; Gives access to the entire INFINITUM SFS database, which contains information about real estate available for short-term rent and all the details about each property; Gives access to search properties according to requested parameters; Ability to request for information about project status; Ability to request detailed information about the project at any stage; Ability to stay in any apartment available in the system under the special conditions; Gives access to the properties rating and ability to rate and leave the reviews about service quality. Our advantages: Combination of technologies remote access, security, Blockchain and Smart Contraсts; Each investor can gain a passive income anywhere in the world in cryptocurrency as well as in fiat currency; Low entry threshold from $500; Access to properties all over the world. INFINITUM platform provides the following services to the landlords/developer: Residential property is added to INFINITUM SFS database; Landlords/developers allowed to communicate and negotiate with INFINITUM SFS project organizers about selling their property/hotel/cottage. As a reminder - landlords don t need to buy tokens to join to INFINITUM platform. There are three options of cooperation for landlords with the INFINITUM platform: 1) To buy an electronic lock. Landlord can buy an electronic lock from INFINITUM SFS. Once the lock is installed, the property appears in the real estate database and will be available for daily rent, which is visible in INFINITUM SFS application. Lock price depends on operation conditions, country where the owner lives and special contract terms. 12

13 The pricing policy is a mandatory condition of the contract, which notifies landlord about the range of real market prices for the daily rent, which needs to be followed in order to be competitive. For example, if there are a lot of apartments belong to INFINITUM SFS in the country, landlord, who wish to buy a lock, would be advised to set adequate pricing range. Landlord doesn t pay any fees if he uses electronic lock INFINITUM SFS. Entire profit gained from property rent through INFINITUM is transfered to the landlord s account in INFT-Silver tokens. Once received, landlord can exchange them to the cryptocurrancy or fiat currency. 2) Electronic lock rent. Electronic lock rent is available for a wide range of landlords who wish to join the INFINITUM SMART FLAT SHARING platform with no high entry investments. The rent is based on smart contracts conditions and can vary depending on average daily rate in a specific area. According to the contract terms, the rent of electronic lock can be canceled upon the request of one of the party and all the potential losses are to be compensated by a party initiating the contract termination. All other conditions of the lock rent are the same as the one when you buy the lock. LANDLORD (INFINITUM SFS or P2P) Payment TENANT Check-in Date In case of renting the lock, landlord does not pay a fee for tenants accommodation and can post the apartment on the INFINITUM platform for free. 3) Free installation of electronic lock by INFINITUM SMART FLAT SHARING. If INFINITUM SFS company installs the lock, it will charge 3% fee of rent price from the landlord. Owner doesn t pay possible lock damages, breaks and another technical issues connected to the lock operation on his property. In case of lock failure, landlord should inform INFINITUM SFS service center. INFINITUM repairs the lock on its own costs. 13

14 INFINITUM operation Usually daily/monthly property rent is a simple procedure: using searching websites an individual can find an apartment, book it and get to the apartment where agent or landlord meets him. The same procedure applies to hotels, hostels and motels: an individual gets to the place, checks-in and hotel stuff escorts him to his room. In most cases, hotel staff doesn t have enough time to verify guest s documents and guest may want to invite another person to his room. The INFINITUM platform works in a different way. Every user should upload all required documents and information to the INFINITUM database, using mobile application and fill the KYC (know your client) form before booking available apartments. It gives clear understanding who will be accommodated in the apartment, and smart contracts ensure personal date and property s security. Apartment address Photo Reviews barcelona BOOK NOW Potential guest sees all currently available apartments in the application, filters accommodation conditions, reviews apartment photos and videos and makes an online reservation. Preferential terms activate automatically depending on the duration of accommodation to let guest to get to the apartment. Minimum rent time is 3 hours. Rent for fewer hours is to be paid as for 3 hours. The default assumption is that apartments are in requested conditions and no comments are expected form tenant. The apartment conditions could be evaluated by tenant when he checks-in. Apartment CONDITION OF APARTMENT with LINENS & TOWELS without LINENS & TOWELS CLEANING SMELLS dishes 3 4 INTERNET 4 FURNITURE 5 14

15 It is important to notice that tenant can choose special conditions and prices. For example, for 3 hours booking he may select with linens & towels or without linens & towels options. For 24+ hours booking linens & towels are added as a default option. Also, it is possible to select time of preferential period. The table below shows accommodation options, preferential period and with linens & towels price. < 3 hours 3-6 hours 6-12 hours 1-3 days 3-7 days 7-30 days days 8х45 = 360 BOOK NOW > 90 days Once user selected all required options and clicked the button BOOK NOW, an apartment automatically disappears from application map and becomes invisible for another users and unavailable for instant booking. Payment for booking can only be made by INFT-Silver tokens. Tokens INFT-Silver can be bought in the application using: Bank card (Visa, MasterCard, AMEX etc.); Cryptocurrancy (BTC and ЕTH); INFT-Gold tokens (if a user is project investor). Once the payment is made, guest is allowed to stay at the apartment during requested and paid in the application period. Also he may leave a review about the apartment and its conditions. Once the guest left the apartment, a housekeeper cleans an apartment, changes linens & towels and disinfects an apartment. She is responsible for keeping the apartment clean in order to provide comfortable accommodation for the next guest. Once cleaning is finished the apartment appears on application map again. It is planned to hire a Supervisor in every city in order to control housekeepers. Both of them have universal digital keys that allow them to get into any apartment. The codes are deactivated when a guest is in the apartment. The digital keys are activated in 2 cases: when accommodation period is expired and guest left and when there is a conflict with a guest. There are several options in case of conflict: remote blocking of security systems and locks in the apartment; calling the police; adding a guest to the black list and banning him in the system. 15

16 Technical solutions applied in INFINITUM SMART FLAT SHARING High-tech solutions will be used in the INFINITUM project such as electronic locks controlled through the application. A Digital key solution makes it possible. It uses non-contact RFID lock with BLE technology (Bluetooth Low Energy). The guest s smartphone receives an encrypted key and store it safelly inside the app. When the guest brings the smartphone close to the lock, the application will pass the key through a secured channel 5 The lock decrypts the digital key and unlocks the door 6 1 Guest confirms his/her mobile booking and the INFINITUM SFS platform s server initiates check-in process 2 AMS of the INFINITUM SFS platform assigns an apartment and sends a request to the identity server to issue the digital key The identity server generates a digital key and sends it to the INFINITUM SFS cloud services for safe delivery to the guest «by air» 3 The cloud-based INFINITUM SFS service encrypts and securely delivers the digital key to the assigned smartphone 4 According to the preliminary agreement with Millennium HSB Corp OU will supply electronic door locks specially for INFINITUM. It allows user to get to apartment in a most comfortable way. At the same time it allows investors to get profit from well-functioned system. INFINITUM Business Model Financial feasibility of INFINITUM The main idea of the project is the global decentralization of short-term apartment rent all over the world with no link to the geographic location. However, there are apartments in countries with low prices for a real estate and real estate rent and countries with very high prices level in the planned list of real estate. A small office will be opened in each city where INFINITUM SFS has apartments and an authorized representative will work in each country in order to solve the issues connected with local legislation and commercial entities of the area. Regional director reports to a head office, located in Zurich, Switzerland, and is responsible for implementation of all decisions and innovations come from the head office. 16

17 LONDON OPERATIONAL OFFICE INFINITUM ZURICH SWITZERLAND HEAD OFFICE MILANO OPERATIONAL OFFICE Manager Manager HOUSEKEEPERS HOUSEKEEPERS accounting technical support MOSCOW OPERATIONAL OFFICE BARCELONA OPERATIONAL OFFICE accounting technical support Manager Manager HOUSEKEEPERS accounting technical support HOUSEKEEPERS accounting technical support preferably outsourcing HOUSEKEEPERS accounting technical support Budget is distributed in a way to provide an effective project promotion, organize professional and high-effective advertising campaign and to cover operating expenses and employees salaries. In order to decrease fixed costs outsourcing services are planned to be used. INFINITUM Strategy The project development strategy is finally aimed to create a chain of daily rent home-like mini-hotels, which provides guest with a possibility to make an instant booking through smartphone application or directly on the website. I stage. Creating a software engine and integration to the engine the following functionality: access control system with electronic locks (based on solutions Millenium HSB Corp OU), fire safety system, property safety system, property database, user identification and payment system under Smart Contracts based on blockchain. As a result, creation a reliable software platform. In addition, development of user-friendly and simple interface for smartphones (ios и Android) and creation of a website for property booking. At this stage, the full working system cycle will be tested for several countries in Europe, with opening local offices in each specific city with minimum necessary for a quality management recruitment of employees. II stage The development of project throughout Europe. Connecting real estate in the middle East, North and South America, Australia, North - and South-East Asia. As the project progresses, the presentations, seminars and workshops will be organized. Local mass-media, social networks, news agencies (Bloomberg, Reuters, BBC, Forbes etc.) will be involved in order to show maximum information about the project progress and unlimited opportunities that INFINITUM gives to investors and ones who plan to book a property fast or lease it all over the world. 17

18 2 North America 1 EUROPE Near East South 2 2 America 2 Australia At this stage, construction developers are planned to be involved, in addition to property sellers. The options of involvement of additional real estate under long-term rental contracts may be considered at this stage. It can be justified by gaining additional income and reduction of real estate tax rate on the territory of USA. Information will be available in many different languages, what will allow users to get information in native language and book apartments all over the world with a guarantee of accommodation and high-quality service. The full scenario of INFINITUM project implies availability of property in many countries as possible. At the end of the first global stage, consisting of the above two stages, it is planned to purchase 1,830 apartments. Taking into consideration the price variation for rent and purchasing apartment, seasonal fluctuation and major events that may occur in different places the following decision has been made: to diversify assets in a way that allow the annual corporate income to be enough to provide stable dividends payout to investors and wellfunctioning of the system each calendar year. Preliminary list of the cities and number of apartments in each of them are presented in the table below: 18

19 Countries and cities where property will be purchased after 1st round of ICO: 3 countries, 7 cities, 125 apartments Area CountRy City Number of apartment Average property price, US dollars* Average rent price, US dollars 1 Europe Ireland Dublin 20 $ $120 2 Europe Great Britain London 20 $ $140 3 Europe Great Britain Edinburg 20 $ $95 4 Europe Spain Barcelona 20 $ $130 5 Europe Spain Madrid 15 $ $90 6 Europe Spain Bilbao 15 $ $75 7 Europe Spain Malaga 15 $ $70 Total number of apartments 125 *Average price for one-bedroom apartment. Countries and cities where property will be purchased after 2nd round of ICO: 37 countries, 64 cities, 1705 apartments Area CountRy City Number of apartment 1 Europe Finland Helsinki 30 2 Europe Norway Oslo 25 3 Europe Netherlands Amsterdam 30 4 Europe Netherlands Rotterdam 25 5 Europe Germany Frankfurt 25 6 Europe Germany Munich 25 7 Europe Germany Hamburg 25 8 Europe Germany Berlin 25 9 Europe Germany Hannover Europe Czech Republic Prague Europe Sweden Stockholm Europe Portugal Lisbon Europe Portugal Porto Europe Switzerland Zurich Europe Switzerland Lugano Europe Switzerland Bern Europe Switzerland Geneva Europe Belgium Brussels Europe Belgium Antwerp Europe Italy Rome Europe Italy Milano Europe France Paris 25 19

20 Area CountRy City Number of apartment 23 Europe France Marcel Europe France Nice Europe Austria Vienna Europe Greece Athens Europe Greece Thessaloniki Middle East Armenia Erevan Middle East Georgia Tbilisi Middle East Azerbaijan Baku Middle East United Arab Emirates Dubai Middle East Turkey Istanbul Europe Latvia Riga Europe Serbia Belgrade Europe Russia Moscow Europe Russia St.-Petersburg Europe Lithuania Vilnus Europe Estonia Tallinn Europe Bolgaria Sofia Europe Belarus Minsk Europe Poland Warsaw Europe Ukraine Kiev North America Mexico Mexico city North America Mexico Monterrey North America Mexico Cancun North America Mexico Acapulco North America USA New York North America USA Boston North America USA San Francisco North America USA Los Angeles North America USA Miami North America USA Las Vegas North America Canada Toronto North America Canada Montreal Southeast Asia Singapore Singapore Northeast Asia Japan Tokyo Northeast Asia Japan Osaka South America Chile Santiago South America Brazil Rio de Janeiro South America Brazil São Paulo South America Peru Cercado de Lima South America Argentina Buenos Aires Australia Australia Sydney Australia Australia Melbourne 30 Total number of apartments

21 Blockchain Technology and Smart Contracts Reviews & Ratings Booking P2P Renting Smart Contracts Payments Convenience Security Real estate Dividends Global Expansion INFINITUM SFS believes that blockchain technology combined with smart contracts will be the core engine for the short-term rental industry. The blockchain provides a mechanism for securing and transferring funds, and supporting complex multi-party agreements that drive those fund transfers using smart contracts. The fact that the data remains saved in an immutable distributed data store means that users can rest assured that their data cannot be tampered with, payment flows can be optimized, identity can be managed securely, and ultimately the overall rental experience can be improved. All users of INFINITUM SFS application(s) will be required to use an identity wallet to prove that they provided the data or that they initiated or approved the underlying activity. Landlords and tenants will be able to specify their own terms and conditions in their rental agreement smart contracts. The creation of the INFT-G and INFT-S tokens is the first step in building a system of incentives and rewards to drive efficiency in the industry. We believe that once payments are tokenized, the processes to drive token movement can be modelled using smart contracts, and driven using electronic signatures from the different parties. Initially, INFT-G and INFT-S tokens will be issued on the Ethereum blockchain under either the ERC-20 or ERC- 223 token standard. It is anticipated, that INFINITUM SFS smart contracts will be written in Ethereum Solidity. In general, the solution will be built in a blockchain platform agnostic manner, to future proof for evolving and emerging blockchain technology innovations. In the event of Ethereum resource constraints, including delayed processing times for transactions on the Ethereum blockchain adversely impact the performance of the INFINITUM SFS platform, INFINITUM SFS will consider adopting a hybrid public / private blockchain model. Under such a model, while INFT-G and INFT-S tokens would reside on the public chain, INFINITUM SFS would create a private blockchain network ledger, with smart contract capability, to track all transactions on the platform. Interchain token transfer would be provided 21

22 by a relatively trustless (e.g., independent multi node) standard inter-ledger protocol. INFINITUM SFS users will have full access to view this private chain ledger. If such a model were adopted, INFINITUM SFS would seek to migrate all transactions and smart contract activity to the Ethereum public chain once it could fully support the INFINITUM SFS transaction flow without any degradation in platform performance. INFINITUM SFS s team members have extensive experience in developing a number of smart contract based applications. Using smart contracts to drive token movement automates the process, and removes the need to trust a single party with the funds. Blockchain and smart contracts together will manage and implement features on our platform involving: Identity of user (tenant / landlord); Know Your Customer / Anti-Money Laundering; Reputation; P2P rent; B2P rent; Digital Key Issue; All activities that modify the smart contract based identity profile; All agreements by parties; All activities that drive token movement. Each party will have their own identity private key / wallet, stored in their mobile device and any user activity that is driven through the smart contract will be initiated / approved using the identity wallet as immutable proof of consent. Mobile app wallet provides user's identification linked to security of private key / wallet LANDLORD WALLET P2P User private key drives identity and platform transactions combined with public ERC-20 token wallet Private / Sidechain solution migrate to full public blockchain if/when scaling permits Identity contract contains proof of identity, attestations by third parties, and reputation record Accounting token drives public token movement Business logic smart contract Landlord Identity Contract booking of apartment EXCHANGE ETH / BTC / CREDIT CARD/ INFT-G IN INFT-S INFT-S ERC-20/223 Contract Ethereum Blockchain TOKEN TRANSFER PROTOCOL INFT-S ERC-20/223 Contract Rental Deposit Contract Digital Key Issue Contract Rent Payment Contract Commission Fee Contract Identity Contract TENANT WALLET Private Ethereum Blockchain / Sidechain Tenant Identity Contract INFINITUM SFS WALLET Activates in case of using P2P based on agreement about providing (free of charge) of electronic lock to landlord 22

23 Tokens infinitum sfs Gmbh (INFINITUM ) plans to issue two tokens: INFT-Gold (Asset tokens) Asset tokens Limited emission: 1,000,000,000 INFT GOLD (Ethereum ERC20/223 tokens). Tokens features and opportunities for holders: Sold only in Pre-sale and ICO; INFT-Gold tokens are equal to securities, it means that tokens trading complies with Switzerland civil law and Switzerland Securities Act; Are backed by future assets: Real Estate; Are listed on stock exchange, tokens trading is possible; Possibility to receive dividends; Converting to INFT-Silver tokens for further property rent on the internet platform with a 20% discount. INFT-Gold tokens distributions: 0,25% First investors: 2,500,000 INFT-Gold; 0,65% Pre-sale: 6,500,000 INFT-Gold; 64,5% Open sale: 645,000,000 INFT-Gold; 5% Bounty: 50,000,000 INFT-Gold; 6% Experts: 60,000,000 INFT-Gold; 10% INFINITUM SFS Team: 100,000,000 INFT-Gold; 13,6% Founders: 136,000,000 INFT-Gold; INFT-Silver (Utility tokens) Utility tokens Unlimited emission: INFT-Silver (Ethereum ERC20/223 token). Tokens features and opportunities for holders: INFT-Silver tokens are NOT securities and aimed to provide access to service of Infinitum SFS only; Are used for transactions between the internet platform users; Could be bought after the internet platform launch at any time. 23

24 Pre-sale & ICO There is a great opportunity to buy INFT-Gold tokens on Pre-sale with 30% discount. Pre-sale starts on March 30, Pre-sale price: 1 INFT-Gold = $0,778. Payment through ETH, BTC, WIRE TRANSFER. Duration: 12 days. Tokens amount: 6,500,000 INFT-Gold. Pre-sale It is possible to buy INFT-Gold tokens on ICO with discount till 20%. First round of ICO. Discount 20%. Starts on June 04, ICO price: 1 INFT-Gold = $0,778. Payment through ETH, BTC, WIRE TRANSFER. Duration: 35 days. Tokens amount: 55,500,000 INFT-Gold. Project INFINITUM SFS will be implemented regardless of any circumstances, meaning that the internet platform will be created even if Target cap of first round is not collected. Second round of ICO. Discounts: 15% from to ; 10% from to ; 5% from to ; 0% from to ICO price: 1 INFT-Gold = $0,778. Payment through ETH, BTC, WIRE TRANSFER. Tokens amount: 588,500,000 INFT-Gold. ICO 24

25 Profit calculation and investments distribution throughout I-III stages INFINITUM PRE-SALE First round ICO 40% office expenses Second round ICO 72% Investing in real estate 10% Software development 3% Software revision 45% Advertising and marketing 15% Advertising and marketing 5% Operating expenses 10% Operating expenses 90% Investing in real estate 5% Purchase of electric vehicles 5% Advertising and marketing Stage I Pre-sale Target cap - 6,500,000 INFT-Gold. 4 million US dollars are planned to be raised, which will be spent on software development, opening head office and operational office in Zug, advertising and marketing for first round of ICO, promotion of idea and philosophy of project and building of the server base. 25

26 II Stage First Round of ICO Target Cap 55,500,000 INFT-Gold. 36 million US dollars are planned to be raised. 72.2% ($26M) of the fund will be spend for purchasing a real estate in Ireland, great Britain and Spain - first contries where the project INFINITUM will be progressing. The rest $10M are planned to be spent for software finalization and servers database development, marketing, opening offices in EU countries and for Zug office and operational office expenses, promotion of the project and its philosophy. 125 apartments are planned to be purchased (AVARAGE OCCUPANCY OF 25 DAYS A MONTH, AVARAGE PRICE $103 A DAY), that will bring AT AVARAGE 125 х 103 х 25 х 12 = $3,862,500 annually. It amounts to 10.7% per annum of fund that will be raised on Target Cap-2 stage and 14.85% of net investment to real estate. The target of this stage: is to test, debug and finalize software platform for further scaling to the whole world. Average costs for project operation during first 12 month of this stage excluding initial investments: Housekeepers salaries: $750 to each of 22 housekeeper for 12 months- 22 х 750 х 12 = $198,000 (1 housekeeper for about 5-6 apartments); Manager + assistant salary: 1, = 2,100, for 12 months - 3 х 12 х 2,100 = $75,600 (3 countries); Consumables ($30 /1 apartment/month): 30 х 12 х 125 = $45,000. Total expenses: 198, , ,000 = $318,600. Company s income (before tax, could differ if cryptocurrency is used) amounted to 3,862, ,600 = $3,543,900. At the second stage, it is not planned to compensate expenses of the head and operational offices with profits from 125 apartments. These funds will be used to launch a massive advertising campaign aimed at attracting both those who want to rent real estate and property owners who want to make a profit by providing it for rent. III stage Second round of ICO Target cap - 588,500,000 INFT-Gold. 426 million US dollars are planned to be raised. This step will be a revolutionary and truly allow the project to take a serious position in global market as a daily rental and hotel business. At this stage, all head and front office expenses will be covered with the income from 1830 apartments rental for the period of current phase. Also, due to the expansion of geographical representation, the costs of mass advertising will increase significantly. 26

27 At this stage, the purchasing of a land for construction of own real estate is planned, in addition to purchasing of apartments. As the costs for own real estate are lower, thus the profit is significantly higher. In addition, it is planned to develop the second direction of the project, when guests can book accommodation through software in their smartphone, and also order additional services from partner companies, for example, dinner from a restaurant. At this stage, INFINITUM project will convert from investment project into urban development and ecological project. Commercial property will be purchased and constructed; we plan to spend a lot for ecological real estate that based on green technology, energy efficiency and in some countries - independent form the state energy system, water supply and sewage systems. Such technologies are already available already and successfully used by our colleagues. We plan to organize world-wide chain of ecological houses, hotels and guesthouses that will be used not only for short-term living, but also for reliable investments. This type of real estate can be considered for daily rent as well as for permanent residence. Payment is possible in cryptocurrency as well as in fiat currency. INFINITUM tokens holders always will have a priority in price and time for apartments rent/purchasing. Holders with specific number of tokens will be offered with a bonuses as free accommodation in any place in the world in INFINITUM apartments, including free use of electric vehicle around the country where an apartment is located. Overall goal of INFINITUM is to create an opportunity for any person to be anytime at any place whenever he wants. Average annual income gained after two stages amounted to 45,233,250 US dollars. 27

28 INFINITUM What INFT-Gold tokens holders get Dividends As entry threshold is not too high and amounts to $500 (or equivalent in any other currency or cryptocurrency) tokens holders get annual dividends. Payments depend on the amount of investments. Dividends are paid once in a year, once the company profit is calculated. 70% of annual profit will be spent for dividends. Dividends will be paid according to the formula below: Earnings per token formula: EPT = V / N, EPT earnings per 1 token, V net profit, N amount of INFT-Gold tokens. Example of earnings per 1 token: Total amount of INFT-Gold tokens: 1bn. Annual net profit: 10,000,000 US dollars. 70% of profit for dividends is 7,000,000 US dollars = 7,000,000 / 1,000,000,000. EPT (earning per 1 token): $ Example of calculation the dividends income for project investors: Investor has 10K tokens. EPT is $ ,000 = 10,000,000 * Annual dividends income for 10K tokens is $70,000. Dividends will be paid in cryptocurrency (ETH, BTC) or fiat currency (USD, EUR, CHF) by WIRE TRANSFER. 28

29 The stock exchange Capitalization of INFT-Gold token is based on future assets of internet platform INFINITUM SFS, which is real estate. Each purchased real estate raises the token capitalization and its rate increases on the stock exchange as price is based on real estate market in countries. Real estate is an asset, which tends to a slow growth, but at least it keeps its initial price. We don t intend to grow the token rate only by purchasing new real estate. We aim to create a successful and perspective internet platform, which is unique in some futures, but at the same time is based on real estate, which saves initial investment capital. Based on above and on the experience we have, we are confident that growth of INFT-Gold token will proceed smoothly and steadily. Each purchased real estate will definitely raise its rate on the stock exchange. As internet platform is owned by Infinitum SFS GmbH, Swiss company, and all tokens issued for the platform will be certified by FINMA (Financial Market Supervisory Authority), the investors stability and security, which are based on real assets and Switzerland legislation, make the INFT-Gold token a perspective financial instrument. Infinite development potential 29

30 Instruction for INFT-Gold token purchasing by cryptocurrency 1. Register on INFINITUM SFS website 2. Confirm and mobile number. 3. Go to your profile on the Infinitum SFS project official webpage. 4. Fill the KYC (know your client) form. 5. Fill and sign electronic investment contract. 6. Provide the address of your wallet that supports ERC20 standard (ex. MyEtherWallet). 7. Select the number of tokens you want to buy. 8. Sum in BTC or ETH for payment will be generated automatically. 9. Transfer required amount of BTC or ETH to wallet address shown on the official Infinitum SFS web page. (Do not transfer cryptocurrency directly form exchange wallet, tokens will not be sent to your account). 10. The INFT-Gold tokens are sent to your wallet that supports ERC20. Instruction for INFT-Gold token purchasing by wire transfer 1. Register on INFINITUM SFS website 2. Confirm and mobile number. 3. Go to your profile on the Infinitum SFS project official webpage. 4. Fill the KYC (know your client) form. 5. Fill and sign electronic investment contract. 6. Provide the address of your wallet, which supports ERC20 standard (ex. MyEtherWallet). 7. Do not enter wallets of exchanges, the tokens will not be sent to your account. 8. Select the number of tokens you want to buy. 9. Chose the currency (payment is possible only with CHF, EURO, USD). 10. Bill and sum will be generated automatically. 11. According to bill and contract, transfer the sum indicated in a bill to Infinitum SFS GmbH account (put the contract and bill numbers in the payment reference field). 12. Once funds are received by Infinitum SFS GmbH, during 3 (three) banking days INFT-Gold tokens will be send to your wallet, that supports ERC20 standard. 30